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FORM NL-6-COMMISSION SCHEDULE |
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Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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FOR THE YEAR ENDED 31 MARCH 2016 |
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(` '000) |
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| PARTICULARS |
For the year ended 31 March 2016 |
For the year ended 31 March 2015 |
| A |
FIRE INSURANCE |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
12683 791 |
9831 772 |
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Less: Commission on Re-insurance Ceded |
296 853 |
173 172 |
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Net Commission |
12386 938 |
9658 600 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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B |
MISCELLANEOUS INSURANCE |
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| (1) |
MOTOR |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
8218 799 |
6499 826 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
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Net Commission |
8218 799 |
6499 826 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (2) |
AVIATION |
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Commission paid |
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Direct |
0 |
-78 261 |
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Add: Re-insurance Accepted |
731 955 |
955 853 |
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Less: Commission on Re-insurance Ceded |
24 799 |
583 |
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Net Commission |
707 156 |
877 009 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (3) |
ENGINEERING |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
2044 958 |
1971 232 |
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Less: Commission on Re-insurance Ceded |
15 676 |
3 506 |
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Net Commission |
2029 282 |
1967 726 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (4) |
W.C. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
37 785 |
27 023 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
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Net Commission |
37 785 |
27 023 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (5) |
Liability |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
206 293 |
190 262 |
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Less: Commission on Re-insurance Ceded |
0 |
2 094 |
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Net Commission |
206 293 |
188 168 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (6) |
P.A. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
1350 952 |
561 284 |
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Less: Commission on Re-insurance Ceded |
26 |
1 580 |
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Net Commission |
1350 926 |
559 704 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (7) |
Health |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
5150 064 |
3699 443 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
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Net Commission |
5150 064 |
3699 443 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (8) |
Oth. Misc. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
2623 949 |
2050 405 |
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Less: Commission on Re-insurance Ceded |
1 065 |
1 478 |
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Net Commission |
2622 884 |
2048 927 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (9) |
FL/Cr |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
304 740 |
255 207 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
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Net Commission |
304 740 |
255 207 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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TOTAL MISCELLANEOUS |
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Commission paid |
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Direct |
0 |
-78 261 |
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Add: Re-insurance Accepted |
20669 495 |
16210 535 |
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Less: Commission on Re-insurance Ceded |
41 566 |
9 241 |
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Net Commission |
20627 929 |
16123 033 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| C |
MARINE INSURANCE |
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| (1) |
MARINE CARGO |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
707 360 |
895 008 |
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Less: Commission on Re-insurance Ceded |
0 |
34 |
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Net Commission |
707 360 |
894 974 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (2) |
MARINE HULL |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
1222 828 |
1166 143 |
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Less: Commission on Re-insurance Ceded |
117 886 |
77 658 |
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Net Commission |
1104 942 |
1088 485 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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TOTAL MARINE |
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Commission paid |
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Direct |
0 |
0 |
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Add: Re-insurance Accepted |
1930 188 |
2061 151 |
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Less: Commission on Re-insurance Ceded |
117 886 |
77 692 |
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Net Commission |
1812 302 |
1983 459 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| D |
LIFE INSURANCE |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
76 403 |
77 432 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
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Net Commission |
76 403 |
77 432 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| E |
TOTAL ALL CLASSES |
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Commission paid |
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Direct |
0 |
-78 261 |
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Add: Re-insurance Accepted |
35359 877 |
28180 890 |
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Less: Commission on Re-insurance Ceded |
456 305 |
260 105 |
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Net Commission |
34903 572 |
27842 524 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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