| FORM NL-4-PREMIUM SCHEDULE | |||||
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE 1ST QUARTER ENDED 30.06.2018 | |||||
| A | FIRE INSURANCE | (` '000) | |||
| PARTICULARS | For the Three Months ending 30.06.2018 | Up to the Three Months ending 30.06.2018 | 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 | 26458 307 | 26458 307 | 25760 619 | 25760 619 | |
| Less : Premium on reinsurance ceded | 5721 045 | 5721 045 | 792 712 | 792 712 | |
| Net Premium | 20737 262 | 20737 262 | 24967 907 | 24967 907 | |
| Adjustment for change in reserve for unexpired risks | 1334 452 | 1334 452 | -3310 731 | -3310 731 | |
| Premium Earned (Net) | 22071 714 | 22071 714 | 21657 176 | 21657 176 | |
| 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 | 20363 295 | 20363 295 | 17471 146 | 17471 146 | |
| Less : Premium on reinsurance ceded | 32 | 32 | 0 | 0 | |
| Net Premium | 20363 263 | 20363 263 | 17471 146 | 17471 146 | |
| Adjustment for change in reserve for unexpired risks | -1061 629 | -1061 629 | -2782 665 | -2782 665 | |
| Premium Earned (Net) | 19301 634 | 19301 634 | 14688 481 | 14688 481 | |
| (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 | 1625 507 | 1625 507 | 1191 714 | 1191 714 | |
| Less : Premium on reinsurance ceded | 329 897 | 329 897 | 119 683 | 119 683 | |
| Net Premium | 1295 610 | 1295 610 | 1072 031 | 1072 031 | |
| Adjustment for change in reserve for unexpired risks | -122 994 | -122 994 | -15 199 | -15 199 | |
| Premium Earned (Net) | 1172 616 | 1172 616 | 1056 832 | 1056 832 | |
| (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 | 2796 442 | 2796 442 | 3365 431 | 3365 431 | |
| Less : Premium on reinsurance ceded | 684 085 | 684 085 | - 119 | - 119 | |
| Net Premium | 2112 357 | 2112 357 | 3365 550 | 3365 550 | |
| Adjustment for change in reserve for unexpired risks | 613 391 | 613 391 | -444 928 | -444 928 | |
| Premium Earned (Net) | 2725 748 | 2725 748 | 2920 622 | 2920 622 | |
| (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 | 92 676 | 92 676 | 140 750 | 140 750 | |
| Less : Premium on reinsurance ceded | 1 | 1 | 0 | 0 | |
| Net Premium | 92 675 | 92 675 | 140 750 | 140 750 | |
| Adjustment for change in reserve for unexpired risks | 23 931 | 23 931 | -25 703 | -25 703 | |
| Premium Earned (Net) | 116 606 | 116 606 | 115 047 | 115 047 | |
| (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 | 1080 390 | 1080 390 | 1192 108 | 1192 108 | |
| Less : Premium on reinsurance ceded | 257 702 | 257 702 | 60 101 | 60 101 | |
| Net Premium | 822 688 | 822 688 | 1132 007 | 1132 007 | |
| Adjustment for change in reserve for unexpired risks | 153 688 | 153 688 | -318 466 | -318 466 | |
| Premium Earned (Net) | 976 376 | 976 376 | 813 541 | 813 541 | |
| (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 | 1897 059 | 1897 059 | 1301 336 | 1301 336 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 1897 059 | 1897 059 | 1301 336 | 1301 336 | |
| Adjustment for change in reserve for unexpired risks | -302 247 | -302 247 | -38 496 | -38 496 | |
| Premium Earned (Net) | 1594 812 | 1594 812 | 1262 840 | 1262 840 | |
| (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 | 14040 153 | 14040 153 | 13537 450 | 13537 450 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 402 390 | 402 390 | |
| Net Premium | 14040 153 | 14040 153 | 13135 060 | 13135 060 | |
| Adjustment for change in reserve for unexpired risks | -352 206 | -352 206 | -2375 321 | -2375 321 | |
| Premium Earned (Net) | 13687 947 | 13687 947 | 10759 739 | 10759 739 | |
| (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 | 106962 753 | 106962 753 | 99252 124 | 99252 124 | |
| Less : Premium on reinsurance ceded | 5765 081 | 5765 081 | 62 855 | 62 855 | |
| Net Premium | 101197 672 | 101197 672 | 99189 269 | 99189 269 | |
| Adjustment for change in reserve for unexpired risks | -25193 730 | -25193 730 | -31727 231 | -31727 231 | |
| Premium Earned (Net) | 76003 942 | 76003 942 | 67462 038 | 67462 038 | |
| (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 | 5971 379 | 5971 379 | 1901 627 | 1901 627 | |
| Less : Premium on reinsurance ceded | 493 875 | 493 875 | 165 | 165 | |
| Net Premium | 5477 504 | 5477 504 | 1901 462 | 1901 462 | |
| Adjustment for change in reserve for unexpired risks | -3430 187 | -3430 187 | 105 682 | 105 682 | |
| Premium Earned (Net) | 2047 317 | 2047 317 | 2007 144 | 2007 144 | |
| (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 | 856 514 | 856 514 | 710 187 | 710 187 | |
| Less : Premium on reinsurance ceded | 28 067 | 28 067 | 11 341 | 11 341 | |
| Net Premium | 828 447 | 828 447 | 698 846 | 698 846 | |
| Adjustment for change in reserve for unexpired risks | -65 472 | -65 472 | -49 705 | -49 705 | |
| Premium Earned (Net) | 762 975 | 762 975 | 649 141 | 649 141 | |
| 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 | 155686 170 | 155686 170 | 140063 873 | 140063 873 | |
| Less : Premium on reinsurance ceded | 7558 741 | 7558 741 | 656 416 | 656 416 | |
| Net Premium | 148127 429 | 148127 429 | 139407 457 | 139407 457 | |
| Adjustment for change in reserve for unexpired risks | -29737 456 | -29737 456 | -37672 032 | -37672 032 | |
| Premium Earned (Net) | 118389 973 | 118389 973 | 101735 425 | 101735 425 | |
| 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 | 1554 750 | 1554 750 | 1355 548 | 1355 548 | |
| Less : Premium on reinsurance ceded | 264 884 | 264 884 | 120 234 | 120 234 | |
| Net Premium | 1289 866 | 1289 866 | 1235 314 | 1235 314 | |
| Adjustment for change in reserve for unexpired risks | -35 662 | -35 662 | -26 463 | -26 463 | |
| Premium Earned (Net) | 1254 204 | 1254 204 | 1208 851 | 1208 851 | |
| (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 | 2629 577 | 2629 577 | 3088 138 | 3088 138 | |
| Less : Premium on reinsurance ceded | 1041 624 | 1041 624 | 149 837 | 149 837 | |
| Net Premium | 1587 953 | 1587 953 | 2938 301 | 2938 301 | |
| Adjustment for change in reserve for unexpired risks | 1396 981 | 1396 981 | -559 230 | -559 230 | |
| Premium Earned (Net) | 2984 934 | 2984 934 | 2379 071 | 2379 071 | |
| 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 | 4184 327 | 4184 327 | 4443 686 | 4443 686 | |
| Less : Premium on reinsurance ceded | 1306 508 | 1306 508 | 270 071 | 270 071 | |
| Net Premium | 2877 819 | 2877 819 | 4173 615 | 4173 615 | |
| Adjustment for change in reserve for unexpired risks | 1361 319 | 1361 319 | -585 693 | -585 693 | |
| Premium Earned (Net) | 4239 138 | 4239 138 | 3587 922 | 3587 922 | |
| 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 | 1585 696 | 1585 696 | 1679 442 | 1679 442 | |
| Less : Premium on reinsurance ceded | 111 609 | 111 609 | 114 241 | 114 241 | |
| Net Premium | 1474 087 | 1474 087 | 1565 201 | 1565 201 | |
| Adjustment for change in reserve for unexpired risks | -332 196 | -332 196 | -769 241 | -769 241 | |
| Premium Earned (Net) | 1141 891 | 1141 891 | 795 960 | 795 960 | |
| 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 | 187914 500 | 187914 500 | 171947 620 | 171947 620 | |
| Less : Premium on reinsurance ceded | 14697 903 | 14697 903 | 1833 439 | 1833 439 | |
| Net Premium | 173216 597 | 173216 597 | 170114 181 | 170114 181 | |
| Adjustment for change in reserve for unexpired risks | -27373 881 | -27373 881 | -42337 697 | -42337 697 | |
| Premium Earned (Net) | 145842 716 | 145842 716 | 127776 484 | 127776 484 | |