FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA 
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 31.03.2015
          (Rs '000)
Sr. No.
 PARTICULARS For the quarter ending 31.03.2015 Up to the quarter ending 31.03.2015 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 11333594 36728178 12362098 36648124
Less :Re-insurance Ceded to claims paid 711722 1563411 2250139 6756140
Net Claims Paid 10621872 35164767 10111959 29891984
Add : Claims Outstanding at the end of the year -6388925 67582224 2013481 76208072
Less: Claims Outstanding at the beginning of the year 0 76208072 0 68743345
Total Claims Incurred 4232947 26538919 12125440 37356711
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 9707681 41344945 9448363 28847032
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 9707681 41344945 9448363 28847032
Add : Claims Outstanding at the end of the year 2128200 51587884 -8254726 54058415
Less: Claims Outstanding at the beginning of the year 0 54058415 0 53975419
Total Claims Incurred 11835881 38874414 1193637 28930028
(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 0 4057 406 5497
Add   :Re-insurance accepted to direct claims 1039827 3324259 1026100 3633909
Less :Re-insurance Ceded to claims paid 2504 143556 78038 297654
Net Claims Paid 1037323 3184760 948468 3341752
Add : Claims Outstanding at the end of the year 96726 8803936 -242332 7900822
Less: Claims Outstanding at the beginning of the year 0 7900822 0 9253362
Total Claims Incurred 1134049 4087874 706136 1989212
(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 1465372 3889855 1439075 4674887
Less :Re-insurance Ceded to claims paid 118 17234 22912 47354
Net Claims Paid 1465254 3872621 1416163 4627533
Add : Claims Outstanding at the end of the year -3099516 18382485 2335323 17748578
Less: Claims Outstanding at the beginning of the year 0 17748578 0 10769022
Total Claims Incurred -1634262 4506528 3751486 11607089
(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 31433 79206 32718 114384
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 31433 79206 32718 114384
Add : Claims Outstanding at the end of the year -44825 161463 -91959 163235
Less: Claims Outstanding at the beginning of the year 0 163235 0 230487
Total Claims Incurred -13392 77434 -59241 47132
(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 34300 243887 42722 295989
Less :Re-insurance Ceded to claims paid 5454 38252 0 0
Net Claims Paid 28846 205635 42722 295989
Add : Claims Outstanding at the end of the year 203209 1579545 279080 1842666
Less: Claims Outstanding at the beginning of the year 0 1842666 0 1231056
Total Claims Incurred 232055 -57486 321802 907599
(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 848586 2586724 983488 3850128
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 848586 2586724 983488 3850128
Add : Claims Outstanding at the end of the year 753498 1888768 709878 2406549
Less: Claims Outstanding at the beginning of the year 0 2406549 0 3452075
Total Claims Incurred 1602084 2068943 1693366 2804602
(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 5183957 17748458 4447621 16018914
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 5183957 17748458 4447621 16018914
Add : Claims Outstanding at the end of the year 3846760 12700829 1581662 9158105
Less: Claims Outstanding at the beginning of the year 0 9158105 0 10014824
Total Claims Incurred 9030717 21291182 6029283 15162195
(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 2125942 9320071 3960153 11169563
Less :Re-insurance Ceded to claims paid 0 0 362 2728
Net Claims Paid 2125942 9320071 3959791 11166835
Add : Claims Outstanding at the end of the year 1499134 9707154 2197959 10337916
Less: Claims Outstanding at the beginning of the year 0 10337916 0 10079799
Total Claims Incurred 3625076 8689309 6157750 11424952
(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 542154 1225730 859396 1813750
Less :Re-insurance Ceded to claims paid 0 0 0 0
Net Claims Paid 542154 1225730 859396 1813750
Add : Claims Outstanding at the end of the year 2125594 6648242 -2522279 5885222
Less: Claims Outstanding at the beginning of the year 0 5885222 0 3479268
Total Claims Incurred 2667748 1988750 -1662883 4219704
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 0 4057 406 5497
Add   :Re-insurance accepted to direct claims 20979252 79763135 22239636 70418556
Less :Re-insurance Ceded to claims paid 8076 199042 101312 347736
Net Claims Paid 20971176 79568150 22138730 70076317
Add : Claims Outstanding at the end of the year 7508780 111460306 -4007394 109501508
Less: Claims Outstanding at the beginning of the year 0 109501508 0 102485312
Total Claims Incurred 28479956 81526948 18131336 77092513
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 1705394 3274157 846116 2892339
Less :Re-insurance Ceded to claims paid 62693 62823 320 415860
Net Claims Paid 1642701 3211334 845796 2476479
Add : Claims Outstanding at the end of the year 484908 5556870 -531774 5225659
Less: Claims Outstanding at the beginning of the year 0 5225659 0 5891192
Total Claims Incurred 2127609 3542545 314022 1810946
(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 1136436 4242795 1852423 5230616
Less :Re-insurance Ceded to claims paid 110955 309043 202534 765813
Net Claims Paid 1025481 3933752 1649889 4464803
Add : Claims Outstanding at the end of the year 836124 9681428 -424248 7238540
Less: Claims Outstanding at the beginning of the year 0 7238540 0 7893011
Total Claims Incurred 1861605 6376640 1225641 3810332
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 2841830 7516952 2698539 8122955
Less :Re-insurance Ceded to claims paid 173648 371866 202854 1181673
Net Claims Paid 2668182 7145086 2495685 6941282
Add : Claims Outstanding at the end of the year 1321032 15238298 -956022 12464199
Less: Claims Outstanding at the beginning of the year 0 12464199 0 13784203
Total Claims Incurred 3989214 9919185 1539663 5621278
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 415818 995129 230489 769313
Less :Re-insurance Ceded to claims paid 115604 321318 47688 144216
Net Claims Paid 300214 673811 182801 625097
Add : Claims Outstanding at the end of the year 289582 853942 189709 595087
Less: Claims Outstanding at the beginning of the year 0 595087 0 217744
Total Claims Incurred 589796 932666 372510 1002440
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 0 4057 406 5497
Add   :Re-insurance accepted to direct claims 35570494 125003394 37530762 115958948
Less :Re-insurance Ceded to claims paid 1009050 2455637 2601993 8429765
Net Claims Paid 34561444 122551814 34929175 107534680
Add : Claims Outstanding at the end of the year 2730469 195134770 -2760226 198768866
Less: Claims Outstanding at the beginning of the year 0 198768866 0 185230604
Total Claims Incurred 37291913 118917718 32168949 121072942