| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date- 01.06.2015 to 31.05.2016 | ||||
| Name of the RI Programme -Domestic - Structured Solution/Non Marine Risk/PML Error and CAT XOL 2015-16 | (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 | 0 | 0.00000 | 0.00% | ||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 5 | 1221.16313 | 5.80% | ||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 47 | 17876.90473 | 84.96% | ||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 7 | 826.02363 | 3.93% | ||
| 5 | Reinsurer's with rating less than BBB | 1 | 39.23813 | 0.19% | ||
| 6 | Govt. Companies (Domestic & Foreign) | 3 | 662.84063 | 3.15% | ||
| 7 | Pools | 2 | 416.01550 | 1.98% | ||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 0.00 | 0.00% | |||
| Total | 65 | 21042.18575 | 100.00% | |||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date-April-June2015 | ||||
| Name of the RI Programme - Aviation Reinsurance Programme 2015-16 | (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 | 0 | - | - | - | 0.00% |
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 7 | - | 513.90 | - | 8.72% |
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 27 | - | 5,140.20 | - | 87.24% |
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 3 | - | 134.52 | - | 2.28% |
| 5 | Reinsurer's with rating less than BBB | 2 | - | 6.63 | - | 0.11% |
| 6 | Govt. Companies (Domestic & Foreign) | 1 | - | 96.89 | - | 1.64% |
| 7 | Pools | 0 | - | - | - | 0.00% |
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 0 | - | - | - | 0.00% |
| Total | 40 | 5,892.14 | 100.00% | |||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date-April 15 - March 2016 | ||||
| Name of the RI Programme - Engg. & Large Risk 2015-16 | (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- 01.06.2015 to 31.05.2016 | ||||
| Name of the RI Programme - Foreign Inward XL 2015-16 | (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 | 0 | - | 0.00 | - | 0.00% |
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 7 | - | 11065.67889 | - | 38.52% |
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 17 | - | 15716.48 | - | 54.72% |
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 2 | - | 679.04 | - | 2.36% |
| 5 | Reinsurer's with rating less than BBB | 1 | - | 142.20 | - | 0.50% |
| 6 | Govt. Companies (Domestic & Foreign) | 4 | - | 1120.05 | - | 3.90% |
| 7 | Pools | 0 | - | 0 | - | 0.00% |
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 0 | - | 0 | - | 0.00% |
| Total | 31 | 28723.44 | 100.00% | |||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date-April-June2015 | ||||
| Name of the RI Programme -GIC PA Excess of Loss 2015-16 (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 | |||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 1 | 18.00 | 35.00% | ||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 7 | 30.85 | 60.00% | ||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 1 | 2.57 | 5.00% | ||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | 9 | 51.42 | 100.00% | |||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date-April-June2015 | ||||
| Name of the RI Programme - M&E XOL , IHC XOL and Structured Solution (Marine & 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 | 1 | 552.00 | 4.64% | ||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 4 | 517.00 | 4.34% | ||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 24 | 9,792.00 | 82.27% | ||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 5 | 696.00 | 5.85% | ||
| 5 | Reinsurer's with rating less than BBB | 1 | 58.00 | 0.49% | ||
| 6 | Govt. Companies (Domestic & Foreign) | 1 | 287.00 | 2.41% | ||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | 36 | 11,902.00 | 100.00% | |||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date- 01.04.2015 to 31.03.2016 | ||||
| Name of the RI Programme -Indian Market Terrorism Risk Insurance 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 | 0 | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 4 | 2526.52 | 33.64% | ||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 20 | 1846.08 | 24.58% | ||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 6 | 415.34 | 5.53% | ||
| 5 | Reinsurer's with rating less than BBB | 0 | 0.00% | |||
| 6 | Govt. Companies (Domestic & Foreign) | 6 | 2030.79 | 27.04% | ||
| 7 | Pools | 1 | 109.10 | 1.45% | ||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 7 | 581.87 | 7.75% | ||
| Total | 44 | 7509.70 | 100.00% | |||
| 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 - 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% | ||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||
| Insurer | General Insurance Corporation Of India | Date-April 15 - 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 | ||||||
| Periodic Disclosures | ||||||
| FORM NL-23 | Reinsurance Risk Concentration | April 2015-March 2016 | ||||
| Insurer | General Insurance Corporation Of India | 13.7.2016 | ||||
| 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 | 1 | 56.58 | 4.67% | ||
| 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) | 5 | 1136.2 | 93.88% | ||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 2 | 17.47 | 1.44% | ||
| 5 | Reinsurer's with rating less than BBB | |||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||
| 7 | Pools | |||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||
| Total | 1210.28 | 100.00% | ||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||
| (Data is required only for Non Prop programmes) | ||||||
| Note : Kindly note that the figures given above are consolidated from the quaterly forms sent by the respective reinsurance desks | ||||||