| FORM NL-4-PREMIUM SCHEDULE | |||||||
|---|---|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||||
| PREMIUM EARNED [NET] | |||||||
| FOR THE PERIOD ENDED 31.12.2015 | |||||||
| A | FIRE INSURANCE | (` '000) | |||||
| PARTICULARS | For the quarter ending 31.12.2015 | Up to the quarter ending 31.12.2015 | 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 | 13601356 | 43169235 | 13040128 | 37035581 | |||
| Less : Premium on reinsurance ceded | 4960415 | 10877499 | 3194223 | 6394992 | |||
| Net Premium | 8640941 | 32291736 | 9845905 | 30640589 | |||
| Adjustment for change in reserve for unexpired risks | 793911 | 539198 | -1604929 | -1100532 | |||
| Premium Earned (Net) | 9434852 | 32830934 | 8240976 | 29540057 | |||
| 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 | 12323346 | 31912212 | 9123903 | 26739594 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 12323346 | 31912212 | 9123903 | 26739594 | |||
| Adjustment for change in reserve for unexpired risks | -1657874 | -2639036 | 77823 | -1365676 | |||
| Premium Earned (Net) | 10665472 | 29273176 | 9201726 | 25373918 | |||
| (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 | 1951989 | 3407721 | 1988499 | 5359849 | |||
| Less : Premium on reinsurance ceded | 309040 | 741601 | 228000 | 790256 | |||
| Net Premium | 1642949 | 2666120 | 1760499 | 4569593 | |||
| Adjustment for change in reserve for unexpired risks | -112969 | 889811 | -387127 | -827863 | |||
| Premium Earned (Net) | 1529980 | 3555931 | 1373372 | 3741730 | |||
| (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 | 2294996 | 6537024 | 1549359 | 5970139 | |||
| Less : Premium on reinsurance ceded | 715731 | 1072335 | 611446 | 797399 | |||
| Net Premium | 1579265 | 5464689 | 937913 | 5172740 | |||
| Adjustment for change in reserve for unexpired risks | -322090 | -144148 | 303895 | 147432 | |||
| Premium Earned (Net) | 1257175 | 5320541 | 1241808 | 5320172 | |||
| (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 | 62387 | 172873 | 28926 | 108725 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 62387 | 172873 | 28926 | 108725 | |||
| Adjustment for change in reserve for unexpired risks | -15035 | -30696 | 11271 | 29315 | |||
| Premium Earned (Net) | 47352 | 142177 | 40197 | 138040 | |||
| (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 | 330222 | 1128976 | 425258 | 1021154 | |||
| Less : Premium on reinsurance ceded | 39283 | 39283 | 18174 | 66404 | |||
| Net Premium | 290939 | 1089693 | 407084 | 954750 | |||
| Adjustment for change in reserve for unexpired risks | 56723 | -68054 | -118853 | -143629 | |||
| Premium Earned (Net) | 347662 | 1021639 | 288231 | 811121 | |||
| (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 | 980863 | 2968535 | 683677 | 1658639 | |||
| Less : Premium on reinsurance ceded | 2571 | 5142 | 2571 | 7480 | |||
| Net Premium | 978292 | 2963393 | 681106 | 1651159 | |||
| Adjustment for change in reserve for unexpired risks | -150612 | -654632 | 233730 | 597029 | |||
| Premium Earned (Net) | 827680 | 2308761 | 914836 | 2248188 | |||
| (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 | 4885306 | 14794511 | 5773169 | 14435253 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 4885306 | 14794511 | 5773169 | 14435253 | |||
| Adjustment for change in reserve for unexpired risks | 467889 | -285285 | -549917 | -1588486 | |||
| Premium Earned (Net) | 5353195 | 14509226 | 5223252 | 12846767 | |||
| (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 | 1740734 | 11734861 | 4331198 | 9403285 | |||
| Less : Premium on reinsurance ceded | 1427113 | 1802172 | 1508764 | 1715247 | |||
| Net Premium | 313621 | 9932689 | 2822434 | 7688038 | |||
| Adjustment for change in reserve for unexpired risks | 1263841 | -1197092 | 269749 | 287996 | |||
| Premium Earned (Net) | 1577462 | 8735597 | 3092183 | 7976034 | |||
| (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 | 460886 | 1317385 | 587838 | 1521081 | |||
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |||
| Net Premium | 460886 | 1317385 | 587838 | 1521081 | |||
| Adjustment for change in reserve for unexpired risks | 62630 | 101760 | 2959 | 195628 | |||
| Premium Earned (Net) | 523516 | 1419145 | 590797 | 1716709 | |||
| 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 | 25030729 | 73974098 | 24491827 | 66217719 | |||
| Less : Premium on reinsurance ceded | 2493738 | 3660533 | 2368955 | 3376786 | |||
| Net Premium | 22536991 | 70313565 | 22122872 | 62840933 | |||
| Adjustment for change in reserve for unexpired risks | -407497 | -4027372 | -156470 | -2668254 | |||
| Premium Earned (Net) | 22129494 | 66286193 | 21966402 | 60172679 | |||
| 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 | 1179637 | 2575526 | 870219 | 2706658 | |||
| Less : Premium on reinsurance ceded | 112315 | 315052 | 133613 | 224126 | |||
| Net Premium | 1067322 | 2260474 | 736606 | 2482532 | |||
| Adjustment for change in reserve for unexpired risks | -326854 | 218126 | 178095 | 516561 | |||
| Premium Earned (Net) | 740468 | 2478600 | 914701 | 2999093 | |||
| (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 | 1928270 | 5170341 | 1559200 | 5971601 | |||
| Less : Premium on reinsurance ceded | 484349 | 921250 | 557518 | 954094 | |||
| Net Premium | 1443921 | 4249091 | 1001682 | 5017507 | |||
| Adjustment for change in reserve for unexpired risks | -425533 | 822132 | 97255 | -671621 | |||
| Premium Earned (Net) | 1018388 | 5071223 | 1098937 | 4345886 | |||
| 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 | 3107907 | 7745867 | 2429419 | 8678259 | |||
| Less : Premium on reinsurance ceded | 596664 | 1236302 | 691131 | 1178220 | |||
| Net Premium | 2511243 | 6509565 | 1738288 | 7500039 | |||
| Adjustment for change in reserve for unexpired risks | -752387 | 1040258 | 275350 | -155060 | |||
| Premium Earned (Net) | 1758856 | 7549823 | 2013638 | 7344979 | |||
| 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 | 806473 | 1816132 | 353518 | 1128435 | |||
| Less : Premium on reinsurance ceded | 34581 | 47481 | 72468 | 283905 | |||
| Net Premium | 771892 | 1768651 | 281050 | 844530 | |||
| Adjustment for change in reserve for unexpired risks | -168204 | -258758 | 256916 | 107851 | |||
| Premium Earned (Net) | 603688 | 1509893 | 537966 | 952381 | |||
| 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 | 42546465 | 126705332 | 40314892 | 113059994 | |||
| Less : Premium on reinsurance ceded | 8085398 | 15821815 | 6326777 | 11233903 | |||
| Net Premium | 34461067 | 110883517 | 33988115 | 101826091 | |||
| Adjustment for change in reserve for unexpired risks | -534177 | -2706674 | -1229133 | -3815995 | |||
| Premium Earned (Net) | 33926890 | 108176843 | 32758982 | 98010096 | |||
| 0 | 2 | ||||||