| FORM NL-4-PREMIUM SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 31.12.2017 | |||||
| A | FIRE INSURANCE | (` '000) | |||
| PARTICULARS | For the Nine Months ending 31.12.2017 | Up to the Nine Months ending 31.12.2017 | 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 | 26509 995 | 69785 665 | 18784 620 | 58099 387 | |
| Less : Premium on reinsurance ceded | 6750 508 | 14254 466 | 2668 014 | 12856 302 | |
| Net Premium | 19759 487 | 55531 199 | 16116 606 | 45243 085 | |
| Adjustment for change in reserve for unexpired risks | -1799 741 | -4998 504 | -3032 563 | -4574 217 | |
| Premium Earned (Net) | 17959 746 | 50532 695 | 13084 043 | 40668 868 | |
| 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 | 23819 124 | 59308 769 | 22425 111 | 46463 224 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 23819 124 | 59308 769 | 22425 111 | 46463 224 | |
| Adjustment for change in reserve for unexpired risks | 14379 855 | 8402 775 | -4851 636 | -6953 992 | |
| Premium Earned (Net) | 38198 979 | 67711 544 | 17573 475 | 39509 232 | |
| (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 | 2835 088 | 5476 388 | 1900 343 | 4631 675 | |
| Less : Premium on reinsurance ceded | 377 270 | 769 120 | 267 535 | 708 080 | |
| Net Premium | 2457 818 | 4707 268 | 1632 808 | 3923 595 | |
| Adjustment for change in reserve for unexpired risks | -414 862 | -426 797 | -118 425 | -613 217 | |
| Premium Earned (Net) | 2042 956 | 4280 471 | 1514 383 | 3310 378 | |
| (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 | 2485 824 | 7635 133 | 2625 499 | 7160 470 | |
| Less : Premium on reinsurance ceded | 121 548 | 151 319 | 82 272 | 201 249 | |
| Net Premium | 2364 276 | 7483 814 | 2543 227 | 6959 221 | |
| Adjustment for change in reserve for unexpired risks | 95 990 | -349 568 | -788 582 | -2259 296 | |
| Premium Earned (Net) | 2460 266 | 7134 246 | 1754 645 | 4699 925 | |
| (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 | 124 743 | 300 267 | 31 787 | 258 061 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 124 743 | 300 267 | 31 787 | 258 061 | |
| Adjustment for change in reserve for unexpired risks | -46 283 | -21 720 | 18 558 | -39 037 | |
| Premium Earned (Net) | 78 460 | 278 547 | 50 345 | 219 024 | |
| (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 | 818 378 | 3198 122 | 513 516 | 1560 118 | |
| Less : Premium on reinsurance ceded | 124 949 | 812 874 | 92 717 | 154 704 | |
| Net Premium | 693 429 | 2385 248 | 420 799 | 1405 414 | |
| Adjustment for change in reserve for unexpired risks | -136 109 | -492 341 | -67 700 | -156 313 | |
| Premium Earned (Net) | 557 320 | 1892 907 | 353 099 | 1249 101 | |
| (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 | 2150 132 | 4178 679 | 1359 229 | 3877 839 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 2150 132 | 4178 679 | 1359 229 | 3877 839 | |
| Adjustment for change in reserve for unexpired risks | 132 616 | 363 615 | -184 316 | -447 719 | |
| Premium Earned (Net) | 2282 748 | 4542 294 | 1174 913 | 3430 120 | |
| (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 | 14203 815 | 40423 246 | 16105 383 | 31521 123 | |
| Less : Premium on reinsurance ceded | 0 | 804 780 | 307 486 | 1112 266 | |
| Net Premium | 14203 815 | 39618 466 | 15797 897 | 30408 857 | |
| Adjustment for change in reserve for unexpired risks | 12252 314 | 6718 663 | -5118 538 | -7157 002 | |
| Premium Earned (Net) | 26456 129 | 46337 129 | 10679 359 | 23251 855 | |
| (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 | 10295 090 | 121207 788 | 13649 591 | 70194 341 | |
| Less : Premium on reinsurance ceded | 5445 820 | 10013 175 | 918 838 | 2756 338 | |
| Net Premium | 4849 270 | 111194 613 | 12730 753 | 67438 003 | |
| Adjustment for change in reserve for unexpired risks | -12789 881 | -250 645 | -6458 335 | -29758 833 | |
| Premium Earned (Net) | -7940 611 | 110943 968 | 6272 418 | 37679 170 | |
| (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 | 2307 153 | 7415 837 | 1031 982 | 7203 797 | |
| Less : Premium on reinsurance ceded | 81 204 | 162 647 | 265 300 | 605 622 | |
| Net Premium | 2225 949 | 7253 190 | 766 682 | 6598 175 | |
| Adjustment for change in reserve for unexpired risks | -1052 835 | -697 120 | -37 031 | -2384 837 | |
| Premium Earned (Net) | 1173 114 | 6556 070 | 729 651 | 4213 338 | |
| (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 | 506 490 | 1635 746 | 580 510 | 1675 360 | |
| Less : Premium on reinsurance ceded | 556 267 | 567 608 | 446 000 | 446 000 | |
| Net Premium | -49 777 | 1068 138 | 134 510 | 1229 360 | |
| Adjustment for change in reserve for unexpired risks | 92 318 | 79 945 | 163 596 | 44 651 | |
| Premium Earned (Net) | 42 541 | 1148 083 | 298 106 | 1274 011 | |
| 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 | 59545 838 | 250779 975 | 60222 951 | 174546 008 | |
| Less : Premium on reinsurance ceded | 6707 059 | 13281 523 | 2380 148 | 5984 259 | |
| Net Premium | 52838 779 | 237498 452 | 57842 803 | 168561 749 | |
| Adjustment for change in reserve for unexpired risks | 12513 122 | 13326 807 | -17442 410 | -49725 595 | |
| Premium Earned (Net) | 65351 901 | 250825 259 | 40400 393 | 118836 154 | |
| 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 | 382 290 | 2996 496 | 898 819 | 3180 427 | |
| Less : Premium on reinsurance ceded | 136 558 | 407 224 | 131 418 | 337 322 | |
| Net Premium | 245 732 | 2589 272 | 767 401 | 2843 105 | |
| Adjustment for change in reserve for unexpired risks | 263 282 | 106 415 | 187 821 | 1221 073 | |
| Premium Earned (Net) | 509 014 | 2695 687 | 955 222 | 4064 178 | |
| (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 | 1584 221 | 5852 943 | 1122 000 | 4540 526 | |
| Less : Premium on reinsurance ceded | 272 250 | 1018 577 | 386 327 | 1019 286 | |
| Net Premium | 1311 971 | 4834 366 | 735 673 | 3521 240 | |
| Adjustment for change in reserve for unexpired risks | -568 958 | -1365 632 | 789 378 | 1095 623 | |
| Premium Earned (Net) | 743 013 | 3468 734 | 1525 051 | 4616 863 | |
| 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 | 1966 511 | 8849 439 | 2020 819 | 7720 953 | |
| Less : Premium on reinsurance ceded | 408 808 | 1425 801 | 517 745 | 1356 608 | |
| Net Premium | 1557 703 | 7423 638 | 1503 074 | 6364 345 | |
| Adjustment for change in reserve for unexpired risks | -305 676 | -1259 217 | 977 199 | 2316 696 | |
| Premium Earned (Net) | 1252 027 | 6164 421 | 2480 273 | 8681 041 | |
| 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 | 677 458 | 3328 434 | 1026 920 | 2869 742 | |
| Less : Premium on reinsurance ceded | 62 115 | 237 305 | 133 375 | 289 891 | |
| Net Premium | 615 343 | 3091 129 | 893 545 | 2579 851 | |
| Adjustment for change in reserve for unexpired risks | 397 766 | -186 353 | 297 359 | -1061 030 | |
| Premium Earned (Net) | 1013 109 | 2904 776 | 1190 904 | 1518 821 | |
| 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 | 88699 803 | 332743 513 | 82055 310 | 243236 090 | |
| Less : Premium on reinsurance ceded | 13928 490 | 29199 095 | 5699 283 | 20487 060 | |
| Net Premium | 74771 313 | 303544 418 | 76356 027 | 222749 030 | |
| Adjustment for change in reserve for unexpired risks | 10805 471 | 6882 733 | -19200 415 | -53044 146 | |
| Premium Earned (Net) | 85576 784 | 310427 151 | 57155 612 | 169704 884 | |