| FORM NL-4-PREMIUM SCHEDULE | |||||||
|---|---|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||||
| PREMIUM EARNED [NET] | |||||||
| FOR THE PERIOD ENDED 30.09.2015 | |||||||
| A | FIRE INSURANCE | (` '000) | |||||
| PARTICULARS | For the quarter ending 30.09.2015 | Up to the quarter ending 30.09.2015 | For the corresponding quarter of the preceeding year | Up to the Quarter of the prceeding year | |||
| 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 | 14051312 | 29567879 | 10954912 | 23995453 | |||
| Less : Premium on reinsurance ceded | 1297161 | 5917084 | 606896 | 3200769 | |||
| Net Premium | 12754151 | 23650795 | 10348016 | 20794684 | |||
| Adjustment for change in reserve for unexpired risks | -851299 | -254713 | -715626 | 504397 | |||
| Premium Earned (Net) | 11902852 | 23396082 | 9632390 | 21299081 | |||
| 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 | 10240968 | 19588866 | 8909451 | 17615691 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 10240968 | 19588866 | 8909451 | 17615691 | |||
| Adjustment for change in reserve for unexpired risks | -595882 | -981162 | 173036 | -1443499 | |||
| Premium Earned (Net) | 9645086 | 18607704 | 9082487 | 16172192 | |||
| (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 | 1126020 | 1455732 | 1935172 | 3371350 | |||
| Less : Premium on reinsurance ceded | 143564 | 432561 | 278647 | 562256 | |||
| Net Premium | 982456 | 1023171 | 1656525 | 2809094 | |||
| Adjustment for change in reserve for unexpired risks | 378961 | 1002780 | -388093 | -440736 | |||
| Premium Earned (Net) | 1361417 | 2025951 | 1268432 | 2368358 | |||
| (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 | 2103485 | 4242028 | 2088028 | 4420780 | |||
| Less : Premium on reinsurance ceded | 225748 | 356604 | 181836 | 185953 | |||
| Net Premium | 1877737 | 3885424 | 1906192 | 4234827 | |||
| Adjustment for change in reserve for unexpired risks | 4345 | 177942 | -189590 | -156463 | |||
| Premium Earned (Net) | 1882082 | 4063366 | 1716602 | 4078364 | |||
| (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 | 57525 | 110486 | 36182 | 79799 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 57525 | 110486 | 36182 | 79799 | |||
| Adjustment for change in reserve for unexpired risks | -9044 | -15661 | 8067 | 18044 | |||
| Premium Earned (Net) | 48481 | 94825 | 44249 | 97843 | |||
| (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 | 426544 | 798754 | 254393 | 595896 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 42994 | 48230 | |||
| Net Premium | 426544 | 798754 | 211399 | 547666 | |||
| Adjustment for change in reserve for unexpired risks | -106886 | -124777 | 60422 | -24776 | |||
| Premium Earned (Net) | 319658 | 673977 | 271821 | 522890 | |||
| (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 | 898859 | 1987672 | 398504 | 974962 | |||
| Less : Premium on reinsurance ceded | 0 | 2571 | 826 | 4909 | |||
| Net Premium | 898859 | 1985101 | 397678 | 970053 | |||
| Adjustment for change in reserve for unexpired risks | -242160 | -504020 | 158496 | 363299 | |||
| Premium Earned (Net) | 656699 | 1481081 | 556174 | 1333352 | |||
| (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 | 5067452 | 9909205 | 4798611 | 8662084 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 5067452 | 9909205 | 4798611 | 8662084 | |||
| Adjustment for change in reserve for unexpired risks | -199610 | -753174 | -541255 | -1038569 | |||
| Premium Earned (Net) | 4867842 | 9156031 | 4257356 | 7623515 | |||
| (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 | 5640760 | 9994127 | 2866510 | 5072087 | |||
| Less : Premium on reinsurance ceded | 240760 | 375059 | 118133 | 206483 | |||
| Net Premium | 5400000 | 9619068 | 2748377 | 4865604 | |||
| Adjustment for change in reserve for unexpired risks | -1411315 | -2460933 | -654954 | 18247 | |||
| Premium Earned (Net) | 3988685 | 7158135 | 2093423 | 4883851 | |||
| (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 | 367182 | 856499 | 365026 | 933243 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 367182 | 856499 | 365026 | 933243 | |||
| Adjustment for change in reserve for unexpired risks | -267 | 39130 | 83171 | 192669 | |||
| Premium Earned (Net) | 366915 | 895629 | 448197 | 1125912 | |||
| 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 | 25928795 | 48943369 | 21651877 | 41725892 | |||
| Less : Premium on reinsurance ceded | 610072 | 1166795 | 622436 | 1007831 | |||
| Net Premium | 25318723 | 47776574 | 21029441 | 40718061 | |||
| Adjustment for change in reserve for unexpired risks | -2181858 | -3619875 | -1290700 | -2511784 | |||
| Premium Earned (Net) | 23136865 | 44156699 | 19738741 | 38206277 | |||
| 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 | 632079 | 1395889 | 601772 | 1836439 | |||
| Less : Premium on reinsurance ceded | 106348 | 202737 | 45218 | 90513 | |||
| Net Premium | 525731 | 1193152 | 556554 | 1745926 | |||
| Adjustment for change in reserve for unexpired risks | 9810 | 544980 | 273840 | 338466 | |||
| Premium Earned (Net) | 535541 | 1738132 | 830394 | 2084392 | |||
| (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 | 922818 | 3242071 | 2933205 | 4412401 | |||
| Less : Premium on reinsurance ceded | 249071 | 436901 | 197263 | 396576 | |||
| Net Premium | 673747 | 2805170 | 2735942 | 4015825 | |||
| Adjustment for change in reserve for unexpired risks | 2020460 | 1247665 | -1509881 | -768876 | |||
| Premium Earned (Net) | 2694207 | 4052835 | 1226061 | 3246949 | |||
| 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 | 1554897 | 4637960 | 3534977 | 6248840 | |||
| Less : Premium on reinsurance ceded | 355419 | 639638 | 242481 | 487089 | |||
| Net Premium | 1199478 | 3998322 | 3292496 | 5761751 | |||
| Adjustment for change in reserve for unexpired risks | 2030270 | 1792645 | -1236041 | -430410 | |||
| Premium Earned (Net) | 3229748 | 5790967 | 2056455 | 5331341 | |||
| 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 | 472093 | 1009659 | 397794 | 774917 | |||
| Less : Premium on reinsurance ceded | -32462 | 12900 | 128688 | 211437 | |||
| Net Premium | 504555 | 996759 | 269106 | 563480 | |||
| Adjustment for change in reserve for unexpired risks | -73158 | -90554 | 31374 | -149065 | |||
| Premium Earned (Net) | 431397 | 906205 | 300480 | 414415 | |||
| 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 | 42007097 | 84158867 | 36539560 | 72745102 | |||
| Less : Premium on reinsurance ceded | 2230190 | 7736417 | 1600501 | 4907126 | |||
| Net Premium | 39776907 | 76422450 | 34939059 | 67837976 | |||
| Adjustment for change in reserve for unexpired risks | -1076045 | -2172497 | -3210993 | -2586862 | |||
| Premium Earned (Net) | 38700862 | 74249953 | 31728066 | 65251114 | |||