| NL 23 July - September 2014 |
| PERIODIC DISCLOSURES |
| Form NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation of India |
Date- 08/12/2014 |
|
| Name of the RI Programme - Aviation Reinsurance Programme - 2014-15 |
Rs. In Lakhs |
Reinsurance Risk Concentration
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Name of the RI Programme - Engg. & Large Risk 2014-15 |
(Rs. In Lakhs) |
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
| Name of the RI Programme - Marine Cargo 2014-15 |
(Rs. In Lakhs) |
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
| 7 |
Pools |
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
Total |
|
|
|
|
| 9 |
Total |
0 |
|
- |
|
|
|
|
|
|
|
|
|
|
|
| Name of the RI Programme -RIWW |
Rs. In Lakhs |
|
| Reinsurance Risk Concentration |
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Name of the RI Programme -GIC PA Excess of Loss 2014-15 (Miscellaneous) |
(Rs. In Lakhs) |
|
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
|
| Proportional |
Non-Proportional |
Facultative |
Premium Ceded to Reinsurers (%) |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Name of the RI Programme -Marine & Energy XOL 2014-15 |
(Rs. In Lakhs) |
|
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Name of the RI Programme - LIABILITY |
(Rs. In Lakhs) |
|
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
NIL |
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
|
|
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Department → Property & Engineering (Non-Marine) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Name of the RI Programme - Structured Solutions 2014-15 |
(Rs. In Lakhs) |
|
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
|
| Proportional |
Non-Proportional |
Facultative |
|
| 1 |
Reinsurer's with rating of AAA |
|
|
|
NIL |
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
3 |
|
5,287.125 |
11.50% |
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
|
|
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
|
|
|
|
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
|
|
|
|
|
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
|
|
5,287.125 |
11.50% |
|
|
|
|
|
|
|
|
|
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) |
|
| (Data is required only for Non Prop programmes) |