| Periodic Disclosures | ||||||
|---|---|---|---|---|---|---|
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Agri Re Protection Programme | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||
| (Data is required only for Non Prop programmes) | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Aviation Reinsurance Programme | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Energy | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date- 01.04.2015 - 31.03.2016 | ||||
| Name of the RI Programme - Structured Solutions 14-17 -Section 4 Credit Excess Of Loss | (Rs. In Lakhs) | R.I Margin-11.5% | ||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | |||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 3 | Nil | 310.50 | Nil | 60.00% |
| Nil | 142.31 | Nil | 27.50% | |||
| Nil | 64.69 | Nil | 12.50% | |||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | 3 | Nil | 517.50 | Nil | 100.00% | |
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Engineering and Large Risk | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Liability | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | |||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 3 | 114.45* | 100.00% | ||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | 114.45* | 100.00% | ||||
| * Protection has been ceded to Structured Solution 2015-16 and the amount shown is the margin of 11.5% | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Marine Cargo | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Marine Hull | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Miscellaneous | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Nuclear Pool | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - Energy | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| Form NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation of India | Jan-March 2016 | ||||
| Name of the RI Programme -Re takaful | Rs. In Lakhs | |||||
| Reinsurance Risk Concentration | ||||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Jan-March 2016 | ||||
| Name of the RI Programme - RIWW | (Rs. In Lakhs) | |||||
| S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||
| Proportional | Non-Proportional | Facultative | ||||
| 1 | Reinsurer's with rating of AAA | NIL | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | |||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | |||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | |||||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | ||||||