| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| FOR THE PERIOD ENDED 31.12.2013 | |||||
| (` '000) | |||||
| PARTICULARS | FOR THE QUARTER | NINE MONTH ENDING 31.12.2013 | FOR THE QUARTER OF THE PRECEDING YEAR | NINE MONTH ENDING31.12.2012 | |
| A | FIRE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2237 278 | 6865 484 | 2489 372 | 6264 755 | |
| Less: Commission on Re-insurance Ceded | 21 077 | 108 584 | 73 489 | 182 631 | |
| Net Commission | 2216 201 | 6756 900 | 2415 883 | 6082 124 | |
| 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 | 1668 140 | 4411 255 | 1333 557 | 4391 684 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 1668 140 | 4411 255 | 1333 557 | 4391 684 | |
| 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 | 174 927 | 485 287 | 255 112 | 400 324 | |
| Less: Commission on Re-insurance Ceded | -5 340 | 61 255 | |||
| Net Commission | 174 927 | 490 627 | 255 112 | 339 069 | |
| 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 | 500 236 | 1652 412 | 426 776 | 1415 354 | |
| Less: Commission on Re-insurance Ceded | 102 | 9 425 | 669 | 21 602 | |
| Net Commission | 500 134 | 1642 987 | 426 107 | 1393 752 | |
| 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 | 6 917 | 22 828 | 18 684 | 40 991 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 6 917 | 22 828 | 18 684 | 40 991 | |
| 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 | 54 068 | 139 522 | 65 123 | 245 748 | |
| Less: Commission on Re-insurance Ceded | 357 | 1 071 | 288 | 1 152 | |
| Net Commission | 53 711 | 138 451 | 64 835 | 244 596 | |
| 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 | 249 684 | 526 184 | 205 033 | 589 134 | |
| Less: Commission on Re-insurance Ceded | 13 | 26 | 13 | 1 261 | |
| Net Commission | 249 671 | 526 158 | 205 020 | 587 873 | |
| 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 | 686 316 | 1913 488 | 797 805 | 1910 463 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 686 316 | 1913 488 | 797 805 | 1910 463 | |
| 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 | 609 098 | 1727 043 | 676 408 | 1978 425 | |
| Less: Commission on Re-insurance Ceded | 1 302 | 1 543 | 0 | - 10 | |
| Net Commission | 607 796 | 1725 500 | 676 408 | 1978 435 | |
| 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 | 174 206 | 429 239 | 157 172 | 379 860 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 174 206 | 429 239 | 157 172 | 379 860 | |
| 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 | 4123 592 | 11307 258 | 3935 670 | 11351 983 | |
| Less: Commission on Re-insurance Ceded | 1 774 | 6 725 | 970 | 85 260 | |
| Net Commission | 4121 818 | 11300 533 | 3934 700 | 11266 723 | |
| 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 | 274 708 | 805 324 | 255 036 | 936 057 | |
| Less: Commission on Re-insurance Ceded | 101 | 103 | 0 | 58 982 | |
| Net Commission | 274 607 | 805 221 | 255 036 | 877 075 | |
| 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 | 282 290 | 944 709 | 409 835 | 1071 226 | |
| Less: Commission on Re-insurance Ceded | 9 992 | 75 074 | 15 769 | 130 892 | |
| Net Commission | 272 298 | 869 635 | 394 066 | 940 334 | |
| 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 | 556 998 | 1750 033 | 664 871 | 2007 283 | |
| Less: Commission on Re-insurance Ceded | 10 093 | 75 177 | 15 769 | 189 874 | |
| Net Commission | 546 905 | 1674 856 | 649 102 | 1817 409 | |
| 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 | 44 807 | 50 549 | 1 033 | 9 927 | |
| Less: Commission on Re-insurance Ceded | 0 | - 1 | 0 | 108 | |
| Net Commission | 44 807 | 50 550 | 1 033 | 9 819 | |
| 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 | 6962 675 | 19973 324 | 7090 946 | 19633 948 | |
| Less: Commission on Re-insurance Ceded | 32 944 | 190 485 | 90 228 | 457 873 | |
| Net Commission | 6929 731 | 19782 839 | 7000 718 | 19176 075 | |
| 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) | |||||