FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 30.09.2014
          (` '000)
PARTICULARS For the quarter ending 30.09.2014 Up to the quarter ending 30.09.2014 For the corresponding quarter of the preceeding year Up to the Quarter of the prceeding year
A FIRE INSURANCE
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 7987698 16418133 8992949 17143307
Less :Re-insurance Ceded to claims paid 453391 74904 1867272 2406934
Net Claims Paid 7534307 16343229 7125677 14736373
Add : Claims Outstanding at the end of the year 4881277 82119341 6589417 76907182
Less: Claims Outstanding at the beginning of the year -29616 76178456 0 68743345
Total Claims Incurred 12445200 22284114 13715094 22900210
B MISCELLANEOUS INSURANCE
(1) MOTOR
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 4939093 26226716 5945864 14205782
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 4939093 26226716 5945864 14205782
Add : Claims Outstanding at the end of the year 5299580 43600920 2416928 54073552
Less: Claims Outstanding at the beginning of the year 0 54058415 0 53975419
Total Claims Incurred 10238673 15769221 8362792 14303915
(2) AVIATION
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims 4082 4057 156 5510
Add:Re-insurance accepted to direct claims 977661 1532945 963942 1749074
Less :Re-insurance Ceded to claims paid 136957 141052 44453 70977
Net Claims Paid 844786 1395950 919645 1683607
Add : Claims Outstanding at the end of the year -562625 7677207 -361428 9158923
Less: Claims Outstanding at the beginning of the year 0 7900822 0 9253362
Total Claims Incurred 282161 1172335 558217 1589168
(3) ENGINEERING
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 1043693 1799237 936967 2005351
Less :Re-insurance Ceded to claims paid 1582 1590 50 13361
Net Claims Paid 1042111 1797647 936917 1991990
Add : Claims Outstanding at the end of the year 843793 19933728 2485818 14474178
Less: Claims Outstanding at the beginning of the year 0 17748578 0 10769022
Total Claims Incurred 1885904 3982797 3422735 5697146
(4) WC
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 18004 32154 28994 63160
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 18004 32154 28994 63160
Add : Claims Outstanding at the end of the year 83712 218118 -12219 283073
Less: Claims Outstanding at the beginning of the year 0 163235 0 230487
Total Claims Incurred 101716 87037 16775 115746
(5) Liability
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 68833 112634 78854 145636
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 68833 112634 78854 145636
Add : Claims Outstanding at the end of the year -85773 1441094 -64956 1355285
Less: Claims Outstanding at the beginning of the year 29616 1872282 0 1231056
Total Claims Incurred -46556 -318554 13898 269865
(6) PA
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 433435 1257860 588277 1462412
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 433435 1257860 588277 1462412
Add : Claims Outstanding at the end of the year -1465641 1001100 -1707511 1005597
Less: Claims Outstanding at the beginning of the year 0 2406549 0 3452075
Total Claims Incurred -1032206 -147589 -1119234 -984066
(7) Health
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 3039976 6897368 3791340 6913481
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 3039976 6897368 3791340 6913481
Add : Claims Outstanding at the end of the year -818860 8919678 -2334160 7520173
Less: Claims Outstanding at the beginning of the year 0 9158105 0 10014824
Total Claims Incurred 2221116 6658941 1457180 4418830
(8) Oth. Misc.
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 1447288 4034897 963362 4088679
Less :Re-insurance Ceded to claims paid 0 0 0 2366
Net Claims Paid 1447288 4034897 963362 4086313
Add : Claims Outstanding at the end of the year -3039417 7045996 -1630959 7058619
Less: Claims Outstanding at the beginning of the year 0 10337916 0 10079799
Total Claims Incurred -1592129 742977 -667597 1065133
(9) FL/Credit
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 99737 485095 322834 403163
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 99737 485095 322834 403163
Add : Claims Outstanding at the end of the year -614401 4400618 2101369 9209646
Less: Claims Outstanding at the beginning of the year 0 5885222 0 3479268
Total Claims Incurred -514664 -999509 2424203 6133541
TOTAL MISCELLANEOUS
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims 4082 4057 156 5510
Add:Re-insurance accepted to direct claims 12067720 42378908 13620434 31036738
Less :Re-insurance Ceded to claims paid 138539 142641 44503 86704
Net Claims Paid 11933263 42240324 13576087 30955544
Add : Claims Outstanding at the end of the year -359632 94238459 892882 104139046
Less: Claims Outstanding at the beginning of the year 29616 109531124 0 102485312
Total Claims Incurred 11544015 26947659 14468969 32609278
C MARINE INSURANCE
(1) MARINE CARGO
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 580381 1109187 594443 1262146
Less :Re-insurance Ceded to claims paid 139 139 0 326
Net Claims Paid 580242 1109048 594443 1261820
Add : Claims Outstanding at the end of the year -786012 4962166 -443650 5420314
Less: Claims Outstanding at the beginning of the year 0 5225659 0 5891192
Total Claims Incurred -205770 845555 150793 790942
(2) MARINE HULL
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 1060646 2106640 1429164 2421862
Less :Re-insurance Ceded to claims paid -25791 48236 201607 551543
Net Claims Paid 1086437 2058404 1227557 1870319
Add : Claims Outstanding at the end of the year -392986 7656067 -500228 7698215
Less: Claims Outstanding at the beginning of the year 0 7238540 0 7893011
Total Claims Incurred 693451 2475931 727329 1675523
TOTAL MARINE
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 1641027 3215827 2023607 3684008
Less :Re-insurance Ceded to claims paid -25652 48375 201607 551869
Net Claims Paid 1666679 3167452 1822000 3132139
Add : Claims Outstanding at the end of the year -1178998 12618234 -943878 13118529
Less: Claims Outstanding at the beginning of the year 0 12464199 0 13784204
Total Claims Incurred 487681 3321487 878122 2466464
D LIFE INSURANCE
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims
Add:Re-insurance accepted to direct claims 173912 462638 191825 399180
Less :Re-insurance Ceded to claims paid 77651 179933 39354 77989
Net Claims Paid 96261 282705 152471 321191
Add : Claims Outstanding at the end of the year -26860 521475 97918 330651
Less: Claims Outstanding at the beginning of the year 0 595087 0 217744
Total Claims Incurred 69401 209093 250389 434098
E TOTAL ALL CLASSES
Claims paid
Direct claims
Add Claims Outstanding at the end of the year
Less Claims Outstanding at the beginning of the year
Gross Incurred Claims 4082 4057 156 5510
Add:Re-insurance accepted to direct claims 21870357 62475507 24828815 52263233
Less :Re-insurance Ceded to claims paid 643929 445854 2152736 3123496
Net Claims Paid 21230510 62033710 22676235 49145247
Add : Claims Outstanding at the end of the year 3315787 189497509 6636339 194495409
Less: Claims Outstanding at the beginning of the year 0 198768865 0 185230603
Total Claims Incurred 24546297 52762354 29312574 58410053