| FORM NL-4-PREMIUM SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 30.06.2017 | |||||
| A | FIRE INSURANCE | (` '000) | |||
| PARTICULARS | For the Three Months ending 30.06.2017 | Up to the Three Months ending 30.06.2017 | For the corresponding Three months of the preceeding year | Up to the corresponding three months 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 | 25760 619 | 25760 619 | 22191 752 | 22191 752 | |
| Less : Premium on reinsurance ceded | 792 712 | 792 712 | 4857 967 | 4857 967 | |
| Net Premium | 24967 907 | 24967 907 | 17333 785 | 17333 785 | |
| Adjustment for change in reserve for unexpired risks | -3310 731 | -3310 731 | -2323 908 | -2323 908 | |
| Premium Earned (Net) | 21657 176 | 21657 176 | 15009 877 | 15009 877 | |
| 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 | 17471 146 | 17471 146 | 12073 428 | 12073 428 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 17471 146 | 17471 146 | 12073 428 | 12073 428 | |
| Adjustment for change in reserve for unexpired risks | -2782 665 | -2782 665 | -1380 579 | -1380 579 | |
| Premium Earned (Net) | 14688 481 | 14688 481 | 10692 849 | 10692 849 | |
| (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 | 1191 714 | 1191 714 | 1174 974 | 1174 974 | |
| Less : Premium on reinsurance ceded | 119 683 | 119 683 | 111 344 | 111 344 | |
| Net Premium | 1072 031 | 1072 031 | 1063 630 | 1063 630 | |
| Adjustment for change in reserve for unexpired risks | -15 199 | -15 199 | -387 989 | -387 989 | |
| Premium Earned (Net) | 1056 832 | 1056 832 | 675 641 | 675 641 | |
| (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 | 3365 431 | 3365 431 | 2664 905 | 2664 905 | |
| Less : Premium on reinsurance ceded | - 119 | - 119 | 107 451 | 107 451 | |
| Net Premium | 3365 550 | 3365 550 | 2557 454 | 2557 454 | |
| Adjustment for change in reserve for unexpired risks | -444 928 | -444 928 | -273 475 | -273 475 | |
| Premium Earned (Net) | 2920 622 | 2920 622 | 2283 979 | 2283 979 | |
| (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 | 140 750 | 140 750 | 90 767 | 90 767 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 140 750 | 140 750 | 90 767 | 90 767 | |
| Adjustment for change in reserve for unexpired risks | -25 703 | -25 703 | -20 551 | -20 551 | |
| Premium Earned (Net) | 115 047 | 115 047 | 70 216 | 70 216 | |
| (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 | 1192 108 | 1192 108 | 552 961 | 552 961 | |
| Less : Premium on reinsurance ceded | 60 101 | 60 101 | 55 879 | 55 879 | |
| Net Premium | 1132 007 | 1132 007 | 497 082 | 497 082 | |
| Adjustment for change in reserve for unexpired risks | -318 466 | -318 466 | -62 312 | -62 312 | |
| Premium Earned (Net) | 813 541 | 813 541 | 434 770 | 434 770 | |
| (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 | 1301 335 | 1301 335 | 1233 440 | 1233 440 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 1301 335 | 1301 335 | 1233 440 | 1233 440 | |
| Adjustment for change in reserve for unexpired risks | -38 496 | -38 496 | -72 885 | -72 885 | |
| Premium Earned (Net) | 1262 839 | 1262 839 | 1160 555 | 1160 555 | |
| (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 | 13537 450 | 13537 450 | 9229 148 | 9229 148 | |
| Less : Premium on reinsurance ceded | 402 390 | 402 390 | 804 780 | 804 780 | |
| Net Premium | 13135 060 | 13135 060 | 8424 368 | 8424 368 | |
| Adjustment for change in reserve for unexpired risks | -2375 321 | -2375 321 | -1828 966 | -1828 966 | |
| Premium Earned (Net) | 10759 739 | 10759 739 | 6595 402 | 6595 402 | |
| (8) | Agriculture | ||||
| 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 | 99252 124 | 99252 124 | 2164 389 | 2164 389 | |
| Less : Premium on reinsurance ceded | 62 855 | 62 855 | 918 750 | 918 750 | |
| Net Premium | 99189 269 | 99189 269 | 1245 639 | 1245 639 | |
| Adjustment for change in reserve for unexpired risks | -31727 231 | -31727 231 | 1546 956 | 1546 956 | |
| Premium Earned (Net) | 67462 038 | 67462 038 | 2792 595 | 2792 595 | |
| (9) | 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 | 1901 627 | 1901 627 | 2421 573 | 2421 573 | |
| Less : Premium on reinsurance ceded | 165 | 165 | 225 627 | 225 627 | |
| Net Premium | 1901 462 | 1901 462 | 2195 946 | 2195 946 | |
| Adjustment for change in reserve for unexpired risks | 105 682 | 105 682 | -1218 528 | -1218 528 | |
| Premium Earned (Net) | 2007 144 | 2007 144 | 977 418 | 977 418 | |
| (10) | 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 | 710 186 | 710 186 | 600 373 | 600 373 | |
| Less : Premium on reinsurance ceded | 11 341 | 11 341 | 0 | 0 | |
| Net Premium | 698 845 | 698 845 | 600 373 | 600 373 | |
| Adjustment for change in reserve for unexpired risks | -49 705 | -49 705 | -55 613 | -55 613 | |
| Premium Earned (Net) | 649 140 | 649 140 | 544 760 | 544 760 | |
| 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 | 140063 871 | 140063 871 | 32205 958 | 32205 958 | |
| Less : Premium on reinsurance ceded | 656 416 | 656 416 | 2223 831 | 2223 831 | |
| Net Premium | 139407 455 | 139407 455 | 29982 127 | 29982 127 | |
| Adjustment for change in reserve for unexpired risks | -37672 032 | -37672 032 | -3753 942 | -3753 942 | |
| Premium Earned (Net) | 101735 423 | 101735 423 | 26228 185 | 26228 185 | |
| 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 | 1355 548 | 1355 548 | 1278 807 | 1278 807 | |
| Less : Premium on reinsurance ceded | 120 234 | 120 234 | 73 656 | 73 656 | |
| Net Premium | 1235 314 | 1235 314 | 1205 151 | 1205 151 | |
| Adjustment for change in reserve for unexpired risks | -26 463 | -26 463 | 1226 007 | 1226 007 | |
| Premium Earned (Net) | 1208 851 | 1208 851 | 2431 158 | 2431 158 | |
| (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 | 3088 139 | 3088 139 | 2602 976 | 2602 976 | |
| Less : Premium on reinsurance ceded | 149 837 | 149 837 | 193 369 | 193 369 | |
| Net Premium | 2938 302 | 2938 302 | 2409 607 | 2409 607 | |
| Adjustment for change in reserve for unexpired risks | -559 231 | -559 231 | -205 469 | -205 469 | |
| Premium Earned (Net) | 2379 071 | 2379 071 | 2204 138 | 2204 138 | |
| 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 | 4443 687 | 4443 687 | 3881 783 | 3881 783 | |
| Less : Premium on reinsurance ceded | 270 071 | 270 071 | 267 025 | 267 025 | |
| Net Premium | 4173 616 | 4173 616 | 3614 758 | 3614 758 | |
| Adjustment for change in reserve for unexpired risks | -585 694 | -585 694 | 1020 538 | 1020 538 | |
| Premium Earned (Net) | 3587 922 | 3587 922 | 4635 296 | 4635 296 | |
| 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 | 1679 443 | 1679 443 | 1134 507 | 1134 507 | |
| Less : Premium on reinsurance ceded | 114 241 | 114 241 | 53 336 | 53 336 | |
| Net Premium | 1565 202 | 1565 202 | 1081 171 | 1081 171 | |
| Adjustment for change in reserve for unexpired risks | -769 241 | -769 241 | -1009 793 | -1009 793 | |
| Premium Earned (Net) | 795 961 | 795 961 | 71 378 | 71 378 | |
| 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 | 171947 620 | 171947 620 | 59414 000 | 59414 000 | |
| Less : Premium on reinsurance ceded | 1833 440 | 1833 440 | 7402 159 | 7402 159 | |
| Net Premium | 170114 180 | 170114 180 | 52011 841 | 52011 841 | |
| Adjustment for change in reserve for unexpired risks | -42337 698 | -42337 698 | -6067 105 | -6067 105 | |
| Premium Earned (Net) | 127776 482 | 127776 482 | 45944 736 | 45944 736 | |