| FORM NL-4-PREMIUM SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 30.09.2017 | |||||
| A | FIRE INSURANCE | (` '000) | |||
| PARTICULARS | For the Three Months ending 30.09.2017 | Up to the Three Months ending 30.09.2017 | For the corresponding Three months of the preceeding year | Up to the corresponding three months of the prceeding year | |
| Premium from direct business written | 0 | ||||
| Service Tax | |||||
| Adjustment for change in reserve for unexpired risks | |||||
| Gross Earned Premium | 0 | 0 | 0 | 0 | |
| Add: Premium on reinsurance accepted | 17515 051 | 43275 670 | 17123 015 | 39314 767 | |
| Less : Premium on reinsurance ceded | 6711 246 | 7503 958 | 5330 321 | 10188 288 | |
| Net Premium | 10803 805 | 35771 712 | 11792 694 | 29126 479 | |
| Adjustment for change in reserve for unexpired risks | 111 968 | -3198 763 | 782 254 | -1541 654 | |
| Premium Earned (Net) | 10915 773 | 32572 949 | 12574 948 | 27584 825 | |
| 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 | 18018 499 | 35489 645 | 11964 685 | 24038 113 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 18018 499 | 35489 645 | 11964 685 | 24038 113 | |
| Adjustment for change in reserve for unexpired risks | -3194 415 | -5977 080 | -721 777 | -2102 356 | |
| Premium Earned (Net) | 14824 084 | 29512 565 | 11242 908 | 21935 757 | |
| (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 | 1449 587 | 2641 301 | 1556 358 | 2731 332 | |
| Less : Premium on reinsurance ceded | 272 167 | 391 850 | 329 201 | 440 545 | |
| Net Premium | 1177 420 | 2249 451 | 1227 157 | 2290 787 | |
| Adjustment for change in reserve for unexpired risks | 3 264 | -11 935 | -106 803 | -494 792 | |
| Premium Earned (Net) | 1180 684 | 2237 516 | 1120 354 | 1795 995 | |
| (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 | 1783 878 | 5149 309 | 1870 065 | 4534 971 | |
| Less : Premium on reinsurance ceded | 29 890 | 29 771 | 11 526 | 118 977 | |
| Net Premium | 1753 988 | 5119 538 | 1858 539 | 4415 994 | |
| Adjustment for change in reserve for unexpired risks | - 630 | -445 558 | -1197 239 | -1470 714 | |
| Premium Earned (Net) | 1753 358 | 4673 980 | 661 300 | 2945 280 | |
| (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 | 34 774 | 175 524 | 135 507 | 226 274 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 34 774 | 175 524 | 135 507 | 226 274 | |
| Adjustment for change in reserve for unexpired risks | 50 266 | 24 563 | -37 044 | -57 595 | |
| Premium Earned (Net) | 85 040 | 200 087 | 98 463 | 168 679 | |
| (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 | 1187 636 | 2379 744 | 493 642 | 1046 603 | |
| Less : Premium on reinsurance ceded | 627 824 | 687 925 | 6 108 | 61 987 | |
| Net Premium | 559 812 | 1691 819 | 487 534 | 984 616 | |
| Adjustment for change in reserve for unexpired risks | -37 766 | -356 232 | -26 301 | -88 613 | |
| Premium Earned (Net) | 522 046 | 1335 587 | 461 233 | 896 003 | |
| (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 | 727 211 | 2028 547 | 1285 169 | 2518 610 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 727 211 | 2028 547 | 1285 169 | 2518 610 | |
| Adjustment for change in reserve for unexpired risks | 269 495 | 230 999 | -190 518 | -263 403 | |
| Premium Earned (Net) | 996 706 | 2259 546 | 1094 651 | 2255 207 | |
| (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 | 12681 981 | 26219 431 | 6186 592 | 15415 740 | |
| Less : Premium on reinsurance ceded | 402 390 | 804 780 | 0 | 804 780 | |
| Net Premium | 12279 591 | 25414 651 | 6186 592 | 14610 960 | |
| Adjustment for change in reserve for unexpired risks | -3158 330 | -5533 651 | -209 498 | -2038 464 | |
| Premium Earned (Net) | 9121 261 | 19881 000 | 5977 094 | 12572 496 | |
| (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 | 11660 574 | 110912 698 | 54380 361 | 56544 750 | |
| Less : Premium on reinsurance ceded | 4504 500 | 4567 355 | 918 750 | 1837 500 | |
| Net Premium | 7156 074 | 106345 343 | 53461 611 | 54707 250 | |
| Adjustment for change in reserve for unexpired risks | 44266 467 | 12539 236 | -24847 454 | -23300 498 | |
| Premium Earned (Net) | 51422 541 | 118884 579 | 28614 157 | 31406 752 | |
| (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 | 3207 057 | 5108 684 | 3750 242 | 6171 815 | |
| Less : Premium on reinsurance ceded | 81 278 | 81 443 | 114 695 | 340 322 | |
| Net Premium | 3125 779 | 5027 241 | 3635 547 | 5831 493 | |
| Adjustment for change in reserve for unexpired risks | 250 033 | 355 715 | -1129 278 | -2347 806 | |
| Premium Earned (Net) | 3375 812 | 5382 956 | 2506 269 | 3483 687 | |
| (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 | 419 070 | 1129 257 | 494 476 | 1094 850 | |
| Less : Premium on reinsurance ceded | 0 | 11 341 | 0 | 0 | |
| Net Premium | 419 070 | 1117 916 | 494 476 | 1094 850 | |
| Adjustment for change in reserve for unexpired risks | 37 332 | -12 373 | -63 332 | -118 945 | |
| Premium Earned (Net) | 456 402 | 1105 543 | 431 144 | 975 905 | |
| 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 | 51170 267 | 191234 140 | 82117 097 | 114323 058 | |
| Less : Premium on reinsurance ceded | 5918 049 | 6574 465 | 1380 280 | 3604 111 | |
| Net Premium | 45252 218 | 184659 675 | 80736 817 | 110718 947 | |
| Adjustment for change in reserve for unexpired risks | 38485 716 | 813 684 | -28529 244 | -32283 186 | |
| Premium Earned (Net) | 83737 934 | 185473 359 | 52207 573 | 78435 761 | |
| 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 | 1258 658 | 2614 206 | 1002 801 | 2281 608 | |
| Less : Premium on reinsurance ceded | 150 432 | 270 666 | 132 248 | 205 904 | |
| Net Premium | 1108 226 | 2343 540 | 870 553 | 2075 704 | |
| Adjustment for change in reserve for unexpired risks | -130 404 | -156 867 | -192 755 | 1033 252 | |
| Premium Earned (Net) | 977 822 | 2186 673 | 677 798 | 3108 956 | |
| (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 | 1180 585 | 4268 723 | 815 549 | 3418 526 | |
| Less : Premium on reinsurance ceded | 596 490 | 746 327 | 439 590 | 632 959 | |
| Net Premium | 584 095 | 3522 396 | 375 959 | 2785 567 | |
| Adjustment for change in reserve for unexpired risks | -237 444 | -796 674 | 511 714 | 306 245 | |
| Premium Earned (Net) | 346 651 | 2725 722 | 887 673 | 3091 812 | |
| 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 | 2439 243 | 6882 929 | 1818 350 | 5700 134 | |
| Less : Premium on reinsurance ceded | 746 922 | 1016 993 | 571 838 | 838 863 | |
| Net Premium | 1692 321 | 5865 936 | 1246 512 | 4861 271 | |
| Adjustment for change in reserve for unexpired risks | -367 848 | -953 541 | 318 959 | 1339 497 | |
| Premium Earned (Net) | 1324 473 | 4912 395 | 1565 471 | 6200 768 | |
| 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 | 971 533 | 2650 976 | 708 315 | 1842 822 | |
| Less : Premium on reinsurance ceded | 60 949 | 175 190 | 103 180 | 156 516 | |
| Net Premium | 910 584 | 2475 786 | 605 135 | 1686 306 | |
| Adjustment for change in reserve for unexpired risks | 185 122 | -584 119 | -348 596 | -1358 389 | |
| Premium Earned (Net) | 1095 706 | 1891 667 | 256 539 | 327 917 | |
| 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 | 72096 094 | 244043 714 | 101766 777 | 161180 783 | |
| Less : Premium on reinsurance ceded | 13437 166 | 15270 606 | 7385 619 | 14787 778 | |
| Net Premium | 58658 928 | 228773 108 | 94381 158 | 146393 005 | |
| Adjustment for change in reserve for unexpired risks | 38414 958 | -3922 739 | -27776 627 | -33843 732 | |
| Premium Earned (Net) | 97073 886 | 224850 369 | 66604 531 | 112549 271 | |