| NL 23_April-June 2017 |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
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 |
|
|
|
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
2 |
|
|
|
| 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 |
|
Date- 01.04.2017 - 30.06.2017 |
| Name of the RI Programme - Aviation Reinsurance Programme |
(Rs. In Lakhs) |
5889.62 |
| 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) |
16 |
- |
|
|
|
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
10 |
- |
5,833.09 |
|
99.04% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
0 |
- |
48.33 |
|
0.82% |
| 5 |
Reinsurer's with rating less than BBB |
2 |
- |
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
1 |
- |
|
|
|
| 7 |
Pools |
1 |
- |
8.20 |
|
0.14% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
0 |
- |
|
|
|
| |
Total |
30 |
|
5,889.62 |
|
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) |
| Premium to Indian branch of Foreign Reinsurers is INR 3943.98 (in lakhs) |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
|
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 |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
|
|
|
| (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 |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
|
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 |
|
Date- 01.04.2017 - 30.06.2017 |
| Name of the RI Programme - Marine |
(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 |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
|
|
| (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 |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
|
|
| (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 |
|
Date- 01.04.2017 - 30.06.2017 |
| 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 |
|
|
|
| (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 |
|
Date- 01.04.2017 - 31.03.2018 |
| 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 |
|
- |
|
0.00% |
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
5 |
|
1,590.39 |
|
29.98% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
20 |
|
1,691.06 |
|
31.87% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
5 |
|
308.06 |
|
5.81% |
| 5 |
Reinsurer's with rating less than BBB |
0 |
|
- |
|
0.00% |
| 6 |
Govt. Companies (Domestic & Foreign) |
7 |
|
1,342.28 |
|
25.30% |
| 7 |
Pools |
1 |
|
61.89 |
|
1.17% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
8 |
|
311.92 |
|
5.88% |
| |
Total |
46 |
|
5,305.59 |
|
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) |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.06.2017 to 31.05.2018 |
| Name of the RI Programme - Domestic NM XOL 2017-18 |
|
|
| 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 |
|
39,970.46 |
|
46.66% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
55 |
|
41,410.60 |
|
48.34% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
8 |
|
2,907.82 |
|
3.39% |
| 5 |
Reinsurer's with rating less than BBB |
1 |
|
186.89 |
|
0.22% |
| 6 |
Govt. Companies (Domestic & Foreign) |
4 |
|
884.86 |
|
1.03% |
| 7 |
Pools |
1 |
|
300.32 |
|
0.35% |
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
0 |
|
- |
|
0.00% |
| |
Total |
76 |
|
85,660.95 |
|
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) |
| Periodic Disclosures |
| FORM NL-23 |
Reinsurance Risk Concentration |
|
|
|
|
|
| Insurer |
General Insurance Corporation Of India |
|
Date- 01.06.2017 to 31.05.2018 |
| 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 |
|
|
|
|
|
| 2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
1 |
|
10,891.00 |
|
26.83% |
| 3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
26 |
|
27,165.00 |
|
66.92% |
| 4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
1 |
|
145.00 |
|
0.36% |
| 5 |
Reinsurer's with rating less than BBB |
|
|
|
|
|
| 6 |
Govt. Companies (Domestic & Foreign) |
4 |
|
2,394.00 |
|
5.90% |
| 7 |
Pools |
|
|
|
|
|
| 8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
| |
Total |
|
|
40,595.00 |
|
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) |