| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| FOR THE PERIOD ENDED 31.03.2015 | |||||
| (` '000) | |||||
| PARTICULARS | For the year ended 31.03.2015 | For the year ended 31.03.2014 | |||
| A | FIRE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 9831772 | 9899411 | |||
| Less: Commission on Re-insurance Ceded | 173172 | 2493752 | |||
| Net Commission | 9658600 | 7405659 | |||
| 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 | 6499826 | 5618326 | |||
| Less: Commission on Re-insurance Ceded | 0 | 0 | |||
| Net Commission | 6499826 | 5618326 | |||
| 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 | -78261 | 36338 | |||
| Add: Re-insurance Accepted | 955853 | 595046 | |||
| Less: Commission on Re-insurance Ceded | 583 | 106684 | |||
| Net Commission | 877009 | 524700 | |||
| 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 | 1971232 | 2272483 | |||
| Less: Commission on Re-insurance Ceded | 3506 | 85767 | |||
| Net Commission | 1967726 | 2186716 | |||
| 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 | 27023 | 29547 | |||
| Less: Commission on Re-insurance Ceded | 0 | 0 | |||
| Net Commission | 27023 | 29547 | |||
| 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 | 190262 | 167540 | |||
| Less: Commission on Re-insurance Ceded | 2094 | 1429 | |||
| Net Commission | 188168 | 166111 | |||
| 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 | 561284 | 694423 | |||
| Less: Commission on Re-insurance Ceded | 1580 | 804 | |||
| Net Commission | 559704 | 693619 | |||
| 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 | 3699443 | 2784694 | |||
| Less: Commission on Re-insurance Ceded | 0 | 0 | |||
| Net Commission | 3699443 | 2784694 | |||
| 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 | 2050405 | 2549192 | |||
| Less: Commission on Re-insurance Ceded | 1478 | 37056 | |||
| Net Commission | 2048927 | 2512136 | |||
| 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 | 255207 | 488164 | |||
| Less: Commission on Re-insurance Ceded | 0 | 0 | |||
| Net Commission | 255207 | 488164 | |||
| 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 | -78261 | 36338 | |||
| Add: Re-insurance Accepted | 16210535 | 15199415 | |||
| Less: Commission on Re-insurance Ceded | 9241 | 231740 | |||
| Net Commission | 16123033 | 15004013 | |||
| 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 | 895008 | 1025423 | |||
| Less: Commission on Re-insurance Ceded | 34 | 22646 | |||
| Net Commission | 894974 | 1002777 | |||
| 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 | 1166143 | 1238640 | |||
| Less: Commission on Re-insurance Ceded | 77658 | 213875 | |||
| Net Commission | 1088485 | 1024765 | |||
| 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 | |||
| Add: Re-insurance Accepted | 2061151 | 2264063 | |||
| Less: Commission on Re-insurance Ceded | 77692 | 236521 | |||
| Net Commission | 1983459 | 2027542 | |||
| 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 | 77432 | 52652 | |||
| Less: Commission on Re-insurance Ceded | 0 | 0 | |||
| Net Commission | 77432 | 52652 | |||
| 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 | -78261 | 36338 | |||
| Add: Re-insurance Accepted | 28180890 | 27415541 | |||
| Less: Commission on Re-insurance Ceded | 260105 | 2962013 | |||
| Net Commission | 27842524 | 24489866 | |||
| 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) | |||||