| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| 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 | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 1945299 | 4245138 | 2329570 | 4628206 | |
| Less: Commission on Re-insurance Ceded | 29073 | 105597 | 41085 | 87507 | |
| Net Commission | 1916226 | 4139541 | 2288485 | 4540699 | |
| 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 | 1614011 | 3262105 | 2164408 | 2743115 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 1614011 | 3262105 | 2164408 | 2743115 | |
| 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 | 74568 | 335355 | 184598 | 310360 | |
| Less: Commission on Re-insurance Ceded | 25260 | -16743 | |||
| Net Commission | 74568 | 310095 | 184598 | 327103 | |
| 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 | 400642 | 960756 | 481137 | 1152176 | |
| Less: Commission on Re-insurance Ceded | 3414 | 3452 | 13 | 9323 | |
| Net Commission | 397228 | 957304 | 481124 | 1142853 | |
| 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 | 5444 | 12417 | 7368 | 15911 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 5444 | 12417 | 7368 | 15911 | |
| 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 | 51590 | 94699 | 51707 | 85454 | |
| Less: Commission on Re-insurance Ceded | 523 | 1047 | 357 | 714 | |
| Net Commission | 51067 | 93652 | 51350 | 84740 | |
| 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 | 96735 | 209714 | 138474 | 276500 | |
| Less: Commission on Re-insurance Ceded | 1149 | 1567 | 0 | 12 | |
| Net Commission | 95586 | 208147 | 138474 | 276488 | |
| 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 | 854456 | 1530035 | 664245 | 1227172 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 854456 | 1530035 | 664245 | 1227172 | |
| 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 | 577285 | 1006280 | 351593 | 1117944 | |
| Less: Commission on Re-insurance Ceded | 0 | 1423 | 0 | 241 | |
| Net Commission | 577285 | 1004857 | 351593 | 1117703 | |
| 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 | 75800 | 156264 | 110953 | 255033 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 75800 | 156264 | 110953 | 255033 | |
| 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 | 3750531 | 7567624 | 4154483 | 7183665 | |
| Less: Commission on Re-insurance Ceded | 5086 | 32749 | 370 | -6453 | |
| Net Commission | 3745445 | 7534875 | 4154113 | 7190118 | |
| 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 | 97705 | 383860 | 219036 | 530616 | |
| Less: Commission on Re-insurance Ceded | -8 | 34 | 0 | 2 | |
| Net Commission | 97713 | 383826 | 219036 | 530614 | |
| 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 | 404584 | 632761 | 318626 | 662419 | |
| Less: Commission on Re-insurance Ceded | 8827 | 23639 | 56272 | 65082 | |
| Net Commission | 395757 | 609122 | 262354 | 597337 | |
| 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 | 502289 | 1016621 | 537662 | 1193035 | |
| Less: Commission on Re-insurance Ceded | 8819 | 23673 | 56272 | 65084 | |
| Net Commission | 493470 | 992948 | 481390 | 1127951 | |
| 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 | 39341 | 53170 | 487 | 5742 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 39341 | 53170 | 487 | 5742 | |
| 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 | 6237460 | 12882552 | 7022202 | 13010648 | |
| Less: Commission on Re-insurance Ceded | 42978 | 162019 | 97727 | 146137 | |
| Net Commission | 6194482 | 12720533 | 6924475 | 12864511 | |
| 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) | |||||