| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| FOR THE PERIOD ENDED 31.03.2014 | |||||
| (` '000) | |||||
| PARTICULARS | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2014 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.12.2013 | |
| A | FIRE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 3033 927 | 9899 411 | 2138 326 | 8405 506 | |
| Less: Commission on Re-insurance Ceded | 2385 168 | 2493 752 | 28 214 | 210 845 | |
| Net Commission | 648 759 | 7405 659 | 2110 112 | 8194 661 | |
| 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 | 1207 071 | 5618 326 | 3543 242 | 7935 522 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 1207 071 | 5618 326 | 3543 242 | 7935 522 | |
| 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 | 36 338 | 36 338 | 0 | 0 | |
| Add: Re-insurance Accepted | 109 759 | 595 046 | 247 656 | 647 994 | |
| Less: Commission on Re-insurance Ceded | 106 684 | 69 318 | |||
| Net Commission | 146 097 | 524 700 | 247 656 | 578 676 | |
| 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 | 620 071 | 2272 483 | 679 048 | 2094 982 | |
| Less: Commission on Re-insurance Ceded | 76 342 | 85 767 | -11 253 | 10 349 | |
| Net Commission | 543 729 | 2186 716 | 690 301 | 2084 633 | |
| 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 | 6 719 | 29 547 | 32 232 | 73 223 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 6 719 | 29 547 | 32 232 | 73 223 | |
| 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 | 28 018 | 167 540 | -28 957 | 216 804 | |
| Less: Commission on Re-insurance Ceded | 358 | 1 429 | 384 | 1 536 | |
| Net Commission | 27 660 | 166 111 | -29 341 | 215 268 | |
| 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) | |||||
| (6) | P.A. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 168 239 | 694 423 | 354 228 | 943 366 | |
| Less: Commission on Re-insurance Ceded | 778 | 804 | - 1 | 1 260 | |
| Net Commission | 167 461 | 693 619 | 354 229 | 942 106 | |
| 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 | 871 206 | 2784 694 | 1376 543 | 3287 546 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 871 206 | 2784 694 | 1376 543 | 3287 546 | |
| 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 | 822 149 | 2549 192 | 892 461 | 2871 127 | |
| Less: Commission on Re-insurance Ceded | 35 513 | 37 056 | 469 | 459 | |
| Net Commission | 786 636 | 2512 136 | 891 992 | 2870 668 | |
| 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 | 58 925 | 488 164 | 123 151 | 503 011 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 58 925 | 488 164 | 123 151 | 503 011 | |
| 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 | 36 338 | 36 338 | 0 | 0 | |
| Add: Re-insurance Accepted | 3892 157 | 15199 415 | 7219 604 | 18573 575 | |
| Less: Commission on Re-insurance Ceded | 112 991 | 231 740 | -10 401 | 82 922 | |
| Net Commission | 3815 504 | 15004 013 | 7230 005 | 18490 653 | |
| 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 | 220 099 | 1025 423 | 282 794 | 1219 477 | |
| Less: Commission on Re-insurance Ceded | 22 543 | 22 646 | 31 527 | 90 509 | |
| Net Commission | 197 556 | 1002 777 | 251 267 | 1128 968 | |
| 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 | 293 931 | 1238 640 | 373 621 | 1445 327 | |
| Less: Commission on Re-insurance Ceded | 138 801 | 213 875 | 87 485 | 218 378 | |
| Net Commission | 155 130 | 1024 765 | 286 136 | 1226 949 | |
| 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 | 514 030 | 2264 063 | 656 415 | 2664 804 | |
| Less: Commission on Re-insurance Ceded | 161 344 | 236 521 | 119 012 | 308 887 | |
| Net Commission | 352 686 | 2027 542 | 537 403 | 2355 917 | |
| 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 | 2 103 | 52 652 | 6 451 | 16 378 | |
| Less: Commission on Re-insurance Ceded | 1 | 0 | - 1 | 107 | |
| Net Commission | 2 102 | 52 652 | 6 452 | 16 271 | |
| 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 | 36 338 | 36 338 | 0 | 0 | |
| Add: Re-insurance Accepted | 7442 217 | 27415 541 | 10020 796 | 29660 263 | |
| Less: Commission on Re-insurance Ceded | 2659 504 | 2962 013 | 136 824 | 602 761 | |
| Net Commission | 4819 051 | 24489 866 | 9883 972 | 29057 502 | |
| 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) | |||||