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NL 23_April-June 2016 |
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| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
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| Insurer |
General Insurance Corporation Of India |
|
April-June 2016 |
| Name of the RI Programme - Agri Re Protection Programme |
( In INR) |
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Adjustment Premium/ RI Margin paid Ceded to Reinsurers |
Premium Ceded to Reinsurers (%) |
| Proportional |
Non-Proportional |
Facultative |
| 1 |
Reinsurer's with rating of AAA |
1 |
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12.35 |
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0.12% |
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
4 |
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10628.1 |
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99.83% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
2 |
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5.56 |
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0.05% |
| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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10646.00 |
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100.00% |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
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| Insurer |
General Insurance Corporation Of India |
|
Date- 01.04.2016 - 30.06.2016 |
| Name of the RI Programme - Aviation Reinsurance Programme |
(Rs. In Lakhs) |
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| 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) |
16 |
- |
2850.11 |
- |
69.58% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
10 |
- |
1087.33 |
- |
26.54% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
0 |
- |
- |
- |
0.00% |
| 5 |
Reinsurer's with rating less than BBB |
2 |
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29.22 |
- |
0.71% |
| 6 |
Govt. Companies (Domestic & Foreign) |
1 |
- |
119.24 |
- |
2.91% |
| 7 |
Pools |
1 |
- |
10.31 |
- |
0.25% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
0 |
- |
- |
- |
0.00% |
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Total |
30 |
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4096.21 |
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100.00% |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
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| Insurer |
General Insurance Corporation Of India |
|
Date- 01.04.2016 - 31.03.2017 |
| 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 |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
3 |
Nil |
307.74 |
Nil |
60.00% |
| Nil |
141.05 |
Nil |
27.50% |
| Nil |
64.11 |
Nil |
12.50% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
3 |
Nil |
512.90 |
Nil |
100.00% |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
April-June 2016 |
| Name of the RI Programme - Engineering and Large Risk |
(Rs. In Lakhs) |
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| 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 |
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NIL |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
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| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
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| Insurer |
General Insurance Corporation Of India |
|
April-June 2016 |
| Name of the RI Programme - Liability |
(Rs. In Lakhs) |
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| 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 |
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NIL |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
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| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.04.2016 - 30.06.2016 |
| Name of the RI Programme - M&E XOL , IHC XOL and Structured Solution (Marine & Energy) |
(Rs. In Lakhs) |
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| 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 |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
9 |
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2065.70 |
13.83% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
22 |
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12103.98 |
81.06% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
3 |
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325.94 |
2.18% |
| 5 |
Reinsurer's with rating less than BBB |
1 |
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76.96 |
0.52% |
| 6 |
Govt. Companies (Domestic & Foreign) |
1 |
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359.82 |
2.41% |
| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
36 |
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14932.40 |
100.00% |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
April-June 2016 |
| Name of the RI Programme - Miscellaneous |
(Rs. In Lakhs) |
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| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
| Proportional |
Non-Proportional |
Facultative |
Premium Ceded to Reinsurers (%) |
| 1 |
Reinsurer's with rating of AAA |
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NIL |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
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| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
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| Insurer |
General Insurance Corporation Of India |
|
April-June 2016 |
| Name of the RI Programme - Nuclear Pool |
(Rs. In Lakhs) |
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| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
| Proportional |
Non-Proportional |
Facultative |
Premium Ceded to Reinsurers (%) |
| 1 |
Reinsurer's with rating of AAA |
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NIL |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
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| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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| Periodic Disclosures |
| Form NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation of India |
|
April-June 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 |
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NIL |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
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| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
April-June 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 |
|
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NIL |
|
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
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| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
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| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
|
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| 5 |
Reinsurer's with rating less than BBB |
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| 6 |
Govt. Companies (Domestic & Foreign) |
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| 7 |
Pools |
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| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
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Total |
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|
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.04.2016 - 31.03.2017 |
| Name of the RI Programme -Indian Market Terrorism Risk Insurance Pool |
(Rs. In Lakhs) |
|
| S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded (Deposit Premium)to Reinsurers (INR Lakhs) |
Premium Ceded to Reinsurers (%) |
| Proportional |
Non-Proportional |
Facultative |
| 1 |
Reinsurer's with rating of AAA |
0 |
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| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
7 |
|
947.59 |
|
14.35% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
22 |
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2,920.76 |
|
44.22% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
7 |
|
381.37 |
|
5.77% |
| 5 |
Reinsurer's with rating less than BBB |
0 |
|
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| 6 |
Govt. Companies (Domestic & Foreign) |
6 |
|
1,759.12 |
|
26.64% |
| 7 |
Pools |
1 |
|
92.77 |
|
1.40% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
8 |
|
502.79 |
|
7.61% |
| |
Total |
51 |
|
6,604.41 |
|
100.00% |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 30.06.2016 |
| Name of the RI Programme -Domestic - Structured Solution/Non Marine Risk/PML Error and CAT XOL 2016-17 |
(Rs. In Lakhs) |
| S.No |
Reinsurance Placement |
No. of
insurers |
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) |
4 |
|
9476.00 |
|
33.54% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
37 |
|
12666.85 |
|
44.83% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
12 |
|
2846.98 |
|
10.08% |
| 5 |
Reinsurer's with rating less than BBB |
4 |
|
1715.36 |
|
6.07% |
| 6 |
Govt. Companies (Domestic & Foreign) |
5 |
|
1253.99 |
|
4.44% |
| 7 |
Pools |
1 |
|
295.72 |
|
1.05% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
0.00 |
|
0.00% |
| |
Total |
63 |
|
28254.90 |
|
100.00% |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
|
|
|
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.06.2016 to 31.05.2017 |
| Name of the RI Programme - Foreign Inward XL 2016-17 |
|
|
| 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) |
2 |
- |
1,340.24 |
- |
3.53% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
22 |
- |
34,532 |
- |
90.96% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
3 |
- |
601.36 |
- |
1.58% |
| 5 |
Reinsurer's with rating less than BBB |
0 |
- |
0.00 |
- |
0 |
| 6 |
Govt. Companies (Domestic & Foreign) |
3 |
- |
1,490.94 |
- |
3.93% |
| 7 |
Pools |
0 |
- |
0.00 |
- |
0.00% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
0 |
- |
0.00 |
- |
0.00% |
| |
Total |
30 |
|
37,964.78 |
|
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) |