| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| FOR THE PERIOD ENDED 30.06.2014 | |||||
| (` '000) | PARTICULARS | For the quarter ending 30.06.2014 | Up to the quarter ending 30.06.2014 | For the corresponding quarter of the preceeding year | Up to the Quarter of the prceeding year |
| A | FIRE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2299839 | 2299839 | 2298636 | 2298636 | |
| Less: Commission on Re-insurance Ceded | 76524 | 76524 | 46422 | 46422 | |
| Net Commission | 2223315 | 2223315 | 2252214 | 2252214 | |
| 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 | 1648094 | 1648094 | 578707 | 578707 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 1648094 | 1648094 | 578707 | 578707 | |
| 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 | 260787 | 260787 | 125762 | 125762 | |
| Less: Commission on Re-insurance Ceded | 5531 | 10062 | |||
| Net Commission | 260787 | 255256 | 125762 | 115700 | |
| 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 | 560114 | 560114 | 671039 | 671039 | |
| Less: Commission on Re-insurance Ceded | 38 | 38 | 9310 | 9310 | |
| Net Commission | 560076 | 560076 | 661729 | 661729 | |
| 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 | 6973 | 6973 | 8543 | 8543 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 6973 | 6973 | 8543 | 8543 | |
| 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 | 43109 | 43109 | 33747 | 33747 | |
| Less: Commission on Re-insurance Ceded | 524 | 524 | 357 | 357 | |
| Net Commission | 42585 | 42585 | 33390 | 33390 | |
| 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 | 112979 | 112979 | 138026 | 138026 | |
| Less: Commission on Re-insurance Ceded | 418 | 418 | 12 | 12 | |
| Net Commission | 112561 | 112561 | 138014 | 138014 | |
| 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 | 675579 | 675579 | 562927 | 562927 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 675579 | 675579 | 562927 | 562927 | |
| 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 | 428995 | 428995 | 766351 | 766351 | |
| Less: Commission on Re-insurance Ceded | 1423 | 1423 | 241 | 241 | |
| Net Commission | 427572 | 427572 | 766110 | 766110 | |
| 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 | 80464 | 80464 | 144080 | 144080 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 80464 | 80464 | 144080 | 144080 | |
| 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 | 3817094 | 3817094 | 3029182 | 3029182 | |
| Less: Commission on Re-insurance Ceded | 2403 | 7934 | 9920 | 19982 | |
| Net Commission | 3814691 | 3809160 | 3019262 | 3009200 | |
| 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 | 286154 | 286154 | 311580 | 311580 | |
| Less: Commission on Re-insurance Ceded | 42 | 42 | 2 | 2 | |
| Net Commission | 286112 | 286112 | 311578 | 311578 | |
| 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 | 228177 | 228177 | 343793 | 343793 | |
| Less: Commission on Re-insurance Ceded | 14812 | 14812 | 8810 | 8810 | |
| Net Commission | 213365 | 213365 | 334983 | 334983 | |
| 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 | 514331 | 514331 | 655373 | 655373 | |
| Less: Commission on Re-insurance Ceded | 14854 | 14854 | 8812 | 8812 | |
| Net Commission | 499477 | 499477 | 646561 | 646561 | |
| 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 | 13829 | 13829 | 5255 | 5255 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | -1 | -1 | |
| Net Commission | 13829 | 13829 | 5256 | 5256 | |
| 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 | 6645093 | 6645093 | 5988446 | 5988446 | |
| Less: Commission on Re-insurance Ceded | 93781 | 99312 | 65153 | 75215 | |
| Net Commission | 6551312 | 6545781 | 5923293 | 5913231 | |
| 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) | |||||