| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| FOR THE PERIOD ENDED 30.09.2013 | |||||
| (` '000) | |||||
| PARTICULARS | FOR THE QUARTER | SIX MONTH ENDING 30.09.2013 | FOR THE QUARTER OF THE PRECEDING YEAR | SIX MONTH ENDING 30.09.2012 | |
| A | FIRE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2329 570 | 4628 206 | 2154 699 | 3775 383 | |
| Less: Commission on Re-insurance Ceded | 41 085 | 87 507 | 56 669 | 109 142 | |
| Net Commission | 2288 485 | 4540 699 | 2098 030 | 3666 241 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| B | MISCELLANEOUS INSURANCE | ||||
| (1) | MOTOR | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2164 408 | 2743 115 | 1759 982 | 3058 127 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 2164 408 | 2743 115 | 1759 982 | 3058 127 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (2) | AVIATION | ||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 184 598 | 310 360 | 43 917 | 145 212 | |
| Less: Commission on Re-insurance Ceded | -16 743 | 50 012 | |||
| Net Commission | 184 598 | 327 103 | 43 917 | 95 200 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (3) | ENGINEERING | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 481 137 | 1152 176 | 326 109 | 988 578 | |
| Less: Commission on Re-insurance Ceded | 13 | 9 323 | 6 194 | 20 933 | |
| Net Commission | 481 124 | 1142 853 | 319 915 | 967 645 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (4) | W.C. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 7 368 | 15 911 | 14 521 | 22 307 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 7 368 | 15 911 | 14 521 | 22 307 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (5) | Liability | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 51 707 | 85 454 | 65 763 | 180 625 | |
| Less: Commission on Re-insurance Ceded | 357 | 714 | 432 | 864 | |
| Net Commission | 51 350 | 84 740 | 65 331 | 179 761 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (6) | P.A. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 138 474 | 276 500 | 201 091 | 384 101 | |
| Less: Commission on Re-insurance Ceded | 0 | 13 | 1 248 | 1 248 | |
| Net Commission | 138 474 | 276 487 | 199 843 | 382 853 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (7) | Health | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 664 245 | 1227 172 | 487 925 | 1112 658 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 664 245 | 1227 172 | 487 925 | 1112 658 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (8) | Oth. Misc. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 351 593 | 1117 945 | 675 006 | 1302 017 | |
| Less: Commission on Re-insurance Ceded | 0 | 241 | - 1 | - 10 | |
| Net Commission | 351 593 | 1117 704 | 675 007 | 1302 027 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (9) | FL/Cr | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 110 953 | 255 033 | 114 907 | 222 688 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 110 953 | 255 033 | 114 907 | 222 688 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| TOTAL MISCELLANEOUS | |||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 4154 483 | 7183 666 | 3689 221 | 7416 313 | |
| Less: Commission on Re-insurance Ceded | 370 | -6 452 | 7 873 | 73 047 | |
| Net Commission | 4154 113 | 7190 118 | 3681 348 | 7343 266 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| C | MARINE INSURANCE | ||||
| (1) | MARINE CARGO | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 219 036 | 530 616 | 241 083 | 681 021 | |
| Less: Commission on Re-insurance Ceded | 0 | 2 | 0 | 58 982 | |
| Net Commission | 219 036 | 530 614 | 241 083 | 622 039 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (2) | MARINE HULL | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 318 626 | 662 419 | 378 084 | 661 391 | |
| Less: Commission on Re-insurance Ceded | 56 272 | 65 082 | 48 421 | 115 123 | |
| Net Commission | 262 354 | 597 337 | 329 663 | 546 268 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| TOTAL MARINE | |||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 537 662 | 1193 035 | 619 167 | 1342 412 | |
| Less: Commission on Re-insurance Ceded | 56 272 | 65 084 | 48 421 | 174 105 | |
| Net Commission | 481 390 | 1127 951 | 570 746 | 1168 307 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| D | LIFE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 487 | 5 742 | 6 620 | 8 894 | |
| Less: Commission on Re-insurance Ceded | 0 | - 1 | 108 | 108 | |
| Net Commission | 487 | 5 743 | 6 512 | 8 786 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| E | TOTAL ALL CLASSES | ||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 7022 202 | 13010 649 | 6469 707 | 12543 002 | |
| Less: Commission on Re-insurance Ceded | 97 727 | 146 138 | 113 071 | 356 402 | |
| Net Commission | 6924 475 | 12864 511 | 6356 636 | 12186 600 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||