NL 23_Jan- Mar 2018 |
Periodic Disclosures |
FORM NL-23 |
Reinsurance Risk Concentration |
|
Insurer |
General Insurance Corporation Of India |
|
Date-01.01.2018 to 31.03.2018 |
Name of the RI Programme - Domestic Agri Stop Loss-Tower I |
(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 |
|
|
|
|
|
2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
7 |
|
23,977 |
|
53.23% |
3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
25 |
|
18,635 |
|
41.37% |
4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
7 |
|
2,207 |
|
4.90% |
5 |
Reinsurer's with rating less than BBB |
2 |
|
135 |
|
0.30% |
6 |
Govt. Companies (Domestic & Foreign) |
1 |
|
90 |
|
0.20% |
7 |
Pools |
|
|
|
|
|
8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
|
|
|
|
|
|
Total |
42 |
|
45,045 |
|
100.00% |
Kindly note that the above figures consists of two MDP installments of Agriculture Protection treaty, one of which has been paid in the last quarter. |
(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-01.01.2018 to 31.03.2018 |
Name of the RI Programme - Aviation Reinsurance Programme |
(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-01.01.2018 to 31.03.2018 |
Name of the RI Programme - Credit Re |
(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-01.01.2018 to 31.03.2018 |
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-01.01.2018 to 31.03.2018 |
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- 01.01.2018 to 31.03.2018 |
Name of the RI Programme - CAT XL- Life Re |
(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 |
|
Nil |
|
|
2 |
Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) |
Nil |
|
Nil |
|
|
3 |
Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) |
1 |
|
560,466 |
|
Retro share - 50% |
4 |
Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) |
Nil |
|
Nil |
|
|
5 |
Reinsurer's with rating less than BBB |
Nil |
|
Nil |
|
|
6 |
Govt. Companies (Domestic & Foreign) |
Nil |
|
Nil |
|
|
7 |
Pools |
Nil |
|
Nil |
|
|
8 |
Other Domestic Cos. (Pvt. Domestic Cos.) |
Nil |
|
Nil |
|
|
|
Total |
|
|
560,466 |
|
|
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
|
(Data is required only for Non Prop programmes) |
FORM NL-23 |
Reinsurance Risk Concentration |
|
Insurer |
General Insurance Corporation Of India |
|
Date-01.01.2018 to 31.03.2018 |
Name of the RI Programme - Marine -Am Re Retro |
(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 |
|
|
|
|
|
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) |
8 |
|
277.875 |
|
100.00% |
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 |
8 |
|
277.875 |
|
100.00% |
- Please note, All Reinsurer's are Lloyds Syndicates or MGAs backed by the Syndicates |
|
|
|
- Treaty incepted 1st Jan. However, first Qtr MDP is due on 1st April. We feel the figure whould reflect in the above Quarter. |
|
|
(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-01.01.2018 to 31.03.2018 |
Name of the RI Programme - Miscellaneous |
(Rs. In Lakhs) |
|
|
S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Proportional |
Non-Proportional |
Facultative |
Premium Ceded to Reinsurers (%) |
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-01.01.2018 to 31.03.2018 |
Name of the RI Programme - Nuclear Pool |
(Rs. In Lakhs) |
|
|
S.No |
Reinsurance Placement |
No. of Reinsurers |
Premium Ceded to Reinsurers (INR Lakhs) |
Proportional |
Non-Proportional |
Facultative |
Premium Ceded to Reinsurers (%) |
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-01.01.2018 to 31.03.2018 |
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-01.01.2018 to 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 |
|
|
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) |