| FORM NL-4-PREMIUM SCHEDULE | |||||||
|---|---|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||||
| PREMIUM EARNED [NET] | |||||||
| A | FIRE INSURANCE | (` '000) | |||||
| Sr. No | PARTICULARS | For the quarter ending 30.06.2015 | Up to the quarter ending 30.06.2015 | For the corresponding quarter of the preceeding year | Up to the Quarter of the prceeding year | ||
| 1 | Premium from direct business written | ||||||
| 2 | Service Tax | ||||||
| 3 | Adjustment for change in reserve for unexpired risks | ||||||
| 4 | Gross Earned Premium | 0 | 0 | 0 | 0 | ||
| 5 | Add: Premium on reinsurance accepted | 15516567 | 15516567 | 13040541 | 13040541 | ||
| 6 | Less : Premium on reinsurance ceded | 4619923 | 4619923 | 2593873 | 2593873 | ||
| 7 | Net Premium | 10896644 | 10896644 | 10446668 | 10446668 | ||
| 8 | Adjustment for change in reserve for unexpired risks | 596586 | 596586 | 1220023 | 1220023 | ||
| 9 | Premium Earned (Net) | 11493230 | 11493230 | 11666691 | 11666691 | ||
| B | MISCELLANEOUS INSURANCE | ||||||
| (1) | MOTOR | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 9347898 | 9347898 | 8706240 | 8706240 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 9347898 | 9347898 | 8706240 | 8706240 | |||
| Adjustment for change in reserve for unexpired risks | -385280 | -385280 | -1616535 | -1616535 | |||
| Premium Earned (Net) | 8962618 | 8962618 | 7089705 | 7089705 | |||
| (2) | AVIATION | ||||||
| Premium from direct business written | 0 | 0 | 0 | ||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | |||||
| Add: Premium on reinsurance accepted | 329712 | 329712 | 1436178 | 1436178 | |||
| Less : Premium on reinsurance ceded | 288997 | 288997 | 283609 | 283609 | |||
| Net Premium | 40715 | 40715 | 1152569 | 1152569 | |||
| Adjustment for change in reserve for unexpired risks | 623819 | 623819 | -52643 | -52643 | |||
| Premium Earned (Net) | 664534 | 664534 | 1099926 | 1099926 | |||
| (3) | ENGINEERING | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 2138543 | 2138543 | 2332752 | 2332752 | |||
| Less : Premium on reinsurance ceded | 130856 | 130856 | 4117 | 4117 | |||
| Net Premium | 2007687 | 2007687 | 2328635 | 2328635 | |||
| Adjustment for change in reserve for unexpired risks | 173597 | 173597 | 33127 | 33127 | |||
| Premium Earned (Net) | 2181284 | 2181284 | 2361762 | 2361762 | |||
| (4) | W.C. | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 52961 | 52961 | 43617 | 43617 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 52961 | 52961 | 43617 | 43617 | |||
| Adjustment for change in reserve for unexpired risks | -6617 | -6617 | 9977 | 9977 | |||
| Premium Earned (Net) | 46344 | 46344 | 53594 | 53594 | |||
| (5) | Liability | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 372210 | 372210 | 341503 | 341503 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 5236 | 5236 | |||
| Net Premium | 372210 | 372210 | 336267 | 336267 | |||
| Adjustment for change in reserve for unexpired risks | -17891 | -17891 | -85198 | -85198 | |||
| Premium Earned (Net) | 354319 | 354319 | 251069 | 251069 | |||
| (6) | PA | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 1088813 | 1088813 | 576457 | 576457 | |||
| Less : Premium on reinsurance ceded | 2571 | 2571 | 4083 | 4083 | |||
| Net Premium | 1086242 | 1086242 | 572374 | 572374 | |||
| Adjustment for change in reserve for unexpired risks | -261860 | -261860 | 204803 | 204803 | |||
| Premium Earned (Net) | 824382 | 824382 | 777177 | 777177 | |||
| (7) | Health | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 4841753 | 4841753 | 3863473 | 3863473 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 4841753 | 4841753 | 3863473 | 3863473 | |||
| Adjustment for change in reserve for unexpired risks | -553564 | -553564 | -497315 | -497315 | |||
| Premium Earned (Net) | 4288189 | 4288189 | 3366158 | 3366158 | |||
| (8) | Oth. Misc. | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 4353367 | 4353367 | 2205577 | 2205577 | |||
| Less : Premium on reinsurance ceded | 134299 | 134299 | 88350 | 88350 | |||
| Net Premium | 4219068 | 4219068 | 2117227 | 2117227 | |||
| Adjustment for change in reserve for unexpired risks | -1049618 | -1049618 | 673201 | 673201 | |||
| Premium Earned (Net) | 3169450 | 3169450 | 2790428 | 2790428 | |||
| (9) | FL/Credit | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 489317 | 489317 | 568217 | 568217 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 489317 | 489317 | 568217 | 568217 | |||
| Adjustment for change in reserve for unexpired risks | 39397 | 39397 | 109498 | 109498 | |||
| Premium Earned (Net) | 528714 | 528714 | 677715 | 677715 | |||
| TOTAL MISCELLANEOUS | |||||||
| Premium from direct business written | 0 | 0 | 0 | 0 | |||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 23014574 | 23014574 | 20074014 | 20074014 | |||
| Less : Premium on reinsurance ceded | 556723 | 556723 | 385395 | 385395 | |||
| Net Premium | 22457851 | 22457851 | 19688619 | 19688619 | |||
| Adjustment for change in reserve for unexpired risks | -1438017 | -1438017 | -1221085 | -1221085 | |||
| Premium Earned (Net) | 21019834 | 21019834 | 18467534 | 18467534 | |||
| C | MARINE INSURANCE | ||||||
| (1) | MARINE CARGO | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 763810 | 763810 | 1234667 | 1234667 | |||
| Less : Premium on reinsurance ceded | 96389 | 96389 | 45295 | 45295 | |||
| Net Premium | 667421 | 667421 | 1189372 | 1189372 | |||
| Adjustment for change in reserve for unexpired risks | 535170 | 535170 | 64626 | 64626 | |||
| Premium Earned (Net) | 1202591 | 1202591 | 1253998 | 1253998 | |||
| (2) | MARINE HULL | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 2319253 | 2319253 | 1479196 | 1479196 | |||
| Less : Premium on reinsurance ceded | 187830 | 187830 | 199313 | 199313 | |||
| Net Premium | 2131423 | 2131423 | 1279883 | 1279883 | |||
| Adjustment for change in reserve for unexpired risks | -772795 | -772795 | 741005 | 741005 | |||
| Premium Earned (Net) | 1358628 | 1358628 | 2020888 | 2020888 | |||
| TOTAL MARINE | |||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 3083063 | 3083063 | 2713863 | 2713863 | |||
| Less : Premium on reinsurance ceded | 284219 | 284219 | 244608 | 244608 | |||
| Net Premium | 2798844 | 2798844 | 2469255 | 2469255 | |||
| Adjustment for change in reserve for unexpired risks | -237625 | -237625 | 805631 | 805631 | |||
| Premium Earned (Net) | 2561219 | 2561219 | 3274886 | 3274886 | |||
| D | LIFE INSURANCE | ||||||
| Premium from direct business written | |||||||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 537566 | 537566 | 377123 | 377123 | |||
| Less : Premium on reinsurance ceded | 45362 | 45362 | 82749 | 82749 | |||
| Net Premium | 492204 | 492204 | 294374 | 294374 | |||
| Adjustment for change in reserve for unexpired risks | -17396 | -17396 | -180439 | -180439 | |||
| Premium Earned (Net) | 474808 | 474808 | 113935 | 113935 | |||
| E | TOTAL ALL CLASSES | ||||||
| Premium from direct business written | 0 | 0 | 0 | 0 | |||
| Service Tax | |||||||
| Adjustment for change in reserve for unexpired risks | |||||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |||
| Add: Premium on reinsurance accepted | 42151770 | 42151770 | 36205541 | 36205541 | |||
| Less : Premium on reinsurance ceded | 5506227 | 5506227 | 3306625 | 3306625 | |||
| Net Premium | 36645543 | 36645543 | 32898916 | 32898916 | |||
| Adjustment for change in reserve for unexpired risks | -1096452 | -1096452 | 624130 | 624130 | |||
| Premium Earned (Net) | 35549091 | 35549091 | 33523046 | 33523046 | |||