| FORM NL-4-PREMIUM SCHEDULE |
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
| PREMIUM EARNED [NET] |
| FOR THE PERIOD ENDED 30.09.2016 |
| A |
FIRE INSURANCE |
( . '000) |
| |
PARTICULARS |
For the quarter ending 30.09.2016 |
Up to the Half Year ending 30.09.2016 |
For the corresponding quarter of the preceeding year |
Up to the Half Year 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 |
17123 015 |
39314 767 |
14051 312 |
29567 879 |
| |
Less : Premium on reinsurance ceded |
5330 321 |
10188 288 |
1297 161 |
5917 084 |
| |
Net Premium |
11792 694 |
29126 479 |
12754 151 |
23650 795 |
| |
Adjustment for change in reserve for unexpired risks |
782 254 |
-1541 654 |
-851 299 |
-254 713 |
| |
Premium Earned (Net) |
12574 948 |
27584 825 |
11902 852 |
23396 082 |
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
11964 685 |
24038 113 |
10240 968 |
19588 866 |
| |
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
| |
Net Premium |
11964 685 |
24038 113 |
10240 968 |
19588 866 |
| |
Adjustment for change in reserve for unexpired risks |
-721 777 |
-2102 356 |
-595 882 |
-981 162 |
| |
Premium Earned (Net) |
11242 908 |
21935 757 |
9645 086 |
18607 704 |
|
|
|
|
|
|
| (2) |
AVIATION |
| |
Premium from direct business written |
0 |
0 |
0 |
0 |
| |
Service Tax |
|
|
|
|
| |
Adjustment for change in reserve for unexpired risks |
|
|
|
|
| |
Gross Earned Premium |
0 |
0 |
|
|
| |
Add: Premium on reinsurance accepted |
1556 358 |
2731 332 |
1126 020 |
1455 732 |
| |
Less : Premium on reinsurance ceded |
329 201 |
440 545 |
143 564 |
432 561 |
| |
Net Premium |
1227 157 |
2290 787 |
982 456 |
1023 171 |
| |
Adjustment for change in reserve for unexpired risks |
-106 803 |
-494 792 |
378 961 |
1002 780 |
| |
Premium Earned (Net) |
1120 354 |
1795 995 |
1361 417 |
2025 951 |
|
|
|
|
|
|
| (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 |
1870 066 |
4534 972 |
2103 485 |
4242 028 |
| |
Less : Premium on reinsurance ceded |
11 526 |
118 977 |
225 748 |
356 604 |
| |
Net Premium |
1858 540 |
4415 995 |
1877 737 |
3885 424 |
| |
Adjustment for change in reserve for unexpired risks |
-1197 239 |
-1470 714 |
4 345 |
177 942 |
| |
Premium Earned (Net) |
661 301 |
2945 280 |
1882 082 |
4063 366 |
|
|
|
|
|
|
| (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 |
135 507 |
226 274 |
57 525 |
110 486 |
| |
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
| |
Net Premium |
135 507 |
226 274 |
57 525 |
110 486 |
| |
Adjustment for change in reserve for unexpired risks |
-37 044 |
-57 595 |
-9 044 |
-15 661 |
| |
Premium Earned (Net) |
98 463 |
168 679 |
48 481 |
94 825 |
|
|
|
|
|
|
| (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 |
493 642 |
1046 603 |
426 544 |
798 754 |
| |
Less : Premium on reinsurance ceded |
6 108 |
61 987 |
0 |
0 |
| |
Net Premium |
487 534 |
984 616 |
426 544 |
798 754 |
| |
Adjustment for change in reserve for unexpired risks |
-26 301 |
-88 613 |
-106 886 |
-124 777 |
| |
Premium Earned (Net) |
461 232 |
896 002 |
319 658 |
673 978 |
|
|
|
|
|
|
| (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 |
1285 170 |
2518 611 |
898 859 |
1987 672 |
| |
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
2 571 |
| |
Net Premium |
1285 170 |
2518 611 |
898 859 |
1985 101 |
| |
Adjustment for change in reserve for unexpired risks |
-190 518 |
-263 403 |
-242 160 |
-504 020 |
| |
Premium Earned (Net) |
1094 652 |
2255 207 |
656 699 |
1481 080 |
|
|
|
|
|
|
| (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 |
6186 592 |
15415 740 |
5067 452 |
9909 205 |
| |
Less : Premium on reinsurance ceded |
0 |
804 780 |
0 |
0 |
| |
Net Premium |
6186 592 |
14610 960 |
5067 452 |
9909 205 |
| |
Adjustment for change in reserve for unexpired risks |
-209 498 |
-2038 464 |
-199 610 |
-753 174 |
| |
Premium Earned (Net) |
5977 094 |
12572 496 |
4867 842 |
9156 031 |
|
|
|
|
|
|
| (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 |
58130 603 |
62716 565 |
5640 760 |
9994 127 |
| |
Less : Premium on reinsurance ceded |
1033 445 |
2177 823 |
240 760 |
375 059 |
| |
Net Premium |
57097 158 |
60538 742 |
5400 000 |
9619 068 |
| |
Adjustment for change in reserve for unexpired risks |
-25976 732 |
-25648 304 |
-1411 315 |
-2460 933 |
| |
Premium Earned (Net) |
31120 426 |
34890 438 |
3988 685 |
7158 135 |
|
|
|
|
|
|
| (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 |
494 477 |
1094 851 |
367 182 |
856 499 |
| |
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
| |
Net Premium |
494 477 |
1094 851 |
367 182 |
856 499 |
| |
Adjustment for change in reserve for unexpired risks |
-63 332 |
-118 945 |
- 267 |
39 130 |
| |
Premium Earned (Net) |
431 145 |
975 906 |
366 915 |
895 629 |
|
|
|
|
|
|
|
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 |
82117 100 |
114323 059 |
25928 795 |
48943 369 |
| |
Less : Premium on reinsurance ceded |
1380 280 |
3604 112 |
610 072 |
1166 795 |
| |
Net Premium |
80736 820 |
110718 947 |
25318 723 |
47776 574 |
| |
Adjustment for change in reserve for unexpired risks |
-28529 244 |
-32283 186 |
-2181 858 |
-3619 874 |
| |
Premium Earned (Net) |
52207 576 |
78435 761 |
23136 865 |
44156 700 |
|
|
|
|
|
|
| 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 |
1002 801 |
2281 608 |
632 079 |
1395 889 |
| |
Less : Premium on reinsurance ceded |
132 248 |
205 904 |
106 348 |
202 738 |
| |
Net Premium |
870 553 |
2075 704 |
525 731 |
1193 151 |
| |
Adjustment for change in reserve for unexpired risks |
-192 755 |
1033 252 |
9 810 |
544 980 |
| |
Premium Earned (Net) |
677 798 |
3108 956 |
535 541 |
1738 131 |
|
|
|
|
|
|
| (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 |
815 550 |
3418 527 |
922 818 |
3242 071 |
| |
Less : Premium on reinsurance ceded |
439 590 |
632 959 |
249 071 |
436 901 |
| |
Net Premium |
375 960 |
2785 568 |
673 747 |
2805 170 |
| |
Adjustment for change in reserve for unexpired risks |
511 714 |
306 245 |
2020 460 |
1247 665 |
| |
Premium Earned (Net) |
887 674 |
3091 813 |
2694 207 |
4052 835 |
|
|
|
|
|
|
|
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 |
1818 350 |
5700 134 |
1554 897 |
4637 960 |
| |
Less : Premium on reinsurance ceded |
571 837 |
838 862 |
355 419 |
639 639 |
| |
Net Premium |
1246 513 |
4861 272 |
1199 478 |
3998 321 |
| |
Adjustment for change in reserve for unexpired risks |
318 959 |
1339 497 |
2030 270 |
1792 645 |
| |
Premium Earned (Net) |
1565 472 |
6200 769 |
3229 748 |
5790 966 |
|
|
|
|
|
|
| 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 |
708 315 |
1842 822 |
472 093 |
1009 659 |
| |
Less : Premium on reinsurance ceded |
103 180 |
156 516 |
-32 462 |
12 900 |
| |
Net Premium |
605 135 |
1686 306 |
504 555 |
996 759 |
| |
Adjustment for change in reserve for unexpired risks |
-348 596 |
-1358 389 |
-73 158 |
-90 554 |
| |
Premium Earned (Net) |
256 539 |
327 917 |
431 397 |
906 205 |
|
|
|
|
|
|
| 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 |
101766 780 |
161180 782 |
42007 097 |
84158 867 |
| |
Less : Premium on reinsurance ceded |
7385 618 |
14787 778 |
2230 190 |
7736 418 |
| |
Net Premium |
94381 162 |
146393 004 |
39776 907 |
76422 449 |
| |
Adjustment for change in reserve for unexpired risks |
-27776 627 |
-33843 732 |
-1076 045 |
-2172 496 |
| |
Premium Earned (Net) |
66604 535 |
112549 272 |
38700 862 |
74249 953 |