| FORM NL-6-COMMISSION SCHEDULE | ||||
|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||
| FOR THE PERIOD ENDED 31.03.2014 | ||||
| (` '000) | ||||
| PARTICULARS | TWELVE MONTH ENDING 31.03.2014 | TWELVE MONTH ENDING 31.03.2013 | ||
| A | FIRE INSURANCE | |||
| Commission paid | ||||
| Direct | ||||
| Add: Re-insurance Accepted | 9899411 | 8405506 | ||
| Less: Commission on Re-insurance Ceded | 2493752 | 210845 | ||
| Net Commission | 7405659 | 8194661 | ||
| 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 | 5618326 | 7935522 | ||
| Less: Commission on Re-insurance Ceded | 0 | 0 | ||
| Net Commission | 5618326 | 7935522 | ||
| 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 | 36338 | 0 | ||
| Add: Re-insurance Accepted | 595046 | 647994 | ||
| Less: Commission on Re-insurance Ceded | 106684 | 69318 | ||
| Net Commission | 524700 | 578676 | ||
| 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 | 2272483 | 2094982 | ||
| Less: Commission on Re-insurance Ceded | 85767 | 10349 | ||
| Net Commission | 2186716 | 2084633 | ||
| 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 | 29547 | 73223 | ||
| Less: Commission on Re-insurance Ceded | 0 | 0 | ||
| Net Commission | 29547 | 73223 | ||
| 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 | 167540 | 216804 | ||
| Less: Commission on Re-insurance Ceded | 1429 | 1536 | ||
| Net Commission | 166111 | 215268 | ||
| 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 | 694423 | 943366 | ||
| Less: Commission on Re-insurance Ceded | 804 | 1260 | ||
| Net Commission | 693619 | 942106 | ||
| 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 | 2784694 | 3287546 | ||
| Less: Commission on Re-insurance Ceded | 0 | 0 | ||
| Net Commission | 2784694 | 3287546 | ||
| 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 | 2549192 | 2871127 | ||
| Less: Commission on Re-insurance Ceded | 37056 | 459 | ||
| Net Commission | 2512136 | 2870668 | ||
| 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 | 488164 | 503011 | ||
| Less: Commission on Re-insurance Ceded | 0 | 0 | ||
| Net Commission | 488164 | 503011 | ||
| 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 | 36338 | 0 | ||
| Add: Re-insurance Accepted | 15199415 | 18573575 | ||
| Less: Commission on Re-insurance Ceded | 231740 | 82922 | ||
| Net Commission | 15004013 | 18490653 | ||
| 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 | 1025423 | 1219477 | ||
| Less: Commission on Re-insurance Ceded | 22646 | 90509 | ||
| Net Commission | 1002777 | 1128968 | ||
| 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 | 1238640 | 1445327 | ||
| Less: Commission on Re-insurance Ceded | 213875 | 218378 | ||
| Net Commission | 1024765 | 1226949 | ||
| 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 | ||
| Add: Re-insurance Accepted | 2264063 | 2664804 | ||
| Less: Commission on Re-insurance Ceded | 236521 | 308887 | ||
| Net Commission | 2027542 | 2355917 | ||
| 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 | 52652 | 16378 | ||
| Less: Commission on Re-insurance Ceded | 0 | 107 | ||
| Net Commission | 52652 | 16271 | ||
| 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 | 36338 | 0 | ||
| Add: Re-insurance Accepted | 27415541 | 29660263 | ||
| Less: Commission on Re-insurance Ceded | 2962013 | 602761 | ||
| Net Commission | 24489866 | 29057502 | ||
| 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) | ||||