FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 30.09.2018
(` '000)
  PARTICULARS For the  Three Months  ending 30.09.2018 Up to  the   Six Months  ending 30.09.2018 For the corresponding Three months  of the preceeding year  Up to the corresponding  Six months  of the prceeding year
A FIRE INSURANCE        
  Claims paid  
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 15649 210 31738 659 8182 843 17864 431
  Less :Re-insurance Ceded to claims paid 2172 291 3378 922 652 022 670 814
  Net Claims Paid 13476 919 28359 737 7530 821 17193 617
  Add : Claims Outstanding at the end of the year 9463 114 117872 949 9882 279 103826 959
  Less: Claims Outstanding at the beginning of the year  0 103462 459  0 86734 697
  Total Claims Incurred 22940 033 42770 227 17413 100 34285 879
Notes:          
a)      Incurred But Not Reported (IBNR), Incurred but not enough reported [IBNER] claims should be included in the amount for outstanding claims.
b)      Claims includes specific claims settlement cost but not expenses of management    
c)       The surveyor fees, legal and other expenses shall also form part of claims cost.    
d)      Claims cost should be adjusted for estimated salvage value if there is a sufficient certainty of its realisation.  
B MISCELLANEOUS INSURANCE
(1) MOTOR        
  Claims paid  
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 16487 590 28359 036 4823 151 21656 048
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 16487 590 28359 036 4823 151 21656 048
  Add : Claims Outstanding at the end of the year 6591 915 106849 812 7157 791 86269 007
  Less: Claims Outstanding at the beginning of the year - 2 95213 892  0 78863 595
  Total Claims Incurred 23079 507 39994 956 11980 942 29061 460
(2) AVIATION
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  0  0  936 11 281
  Add   :Re-insurance accepted to direct claims 1951 177 3730 511 903 013 2108 896
  Less :Re-insurance Ceded to claims paid 191 543 371 281 22 244 260 712
  Net Claims Paid 1759 634 3359 230 881 705 1859 465
  Add : Claims Outstanding at the end of the year 2820 252 12898 865 452 701 8705 035
  Less: Claims Outstanding at the beginning of the year  0 9960 585  0 8197 969
  Total Claims Incurred 4579 886 6297 510 1334 406 2366 531
(3) ENGINEERING
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 1175 105 2751 798 647 430 1868 532
  Less :Re-insurance Ceded to claims paid 26 728 26 738 79 543 79 578
  Net Claims Paid 1148 377 2725 060 567 887 1788 954
  Add : Claims Outstanding at the end of the year 2254 286 18724 140 554 281 18127 659
  Less: Claims Outstanding at the beginning of the year  0 16934 540  0 16367 961
  Total Claims Incurred 3402 663 4514 660 1122 168 3548 652
(4) WC
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 36 169 95 387 10 146 25 914
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 36 169 95 387 10 146 25 914
  Add : Claims Outstanding at the end of the year 255 072 869 655 -414 602 310 021
  Less: Claims Outstanding at the beginning of the year  0 548 011 - 1 358 439
  Total Claims Incurred 291 241 417 031 -404 455 -22 504
(5) Liability
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 75 250 156 401 38 904 111 350
  Less :Re-insurance Ceded to claims paid  0  397  69  69
  Net Claims Paid 75 250 156 004 38 835 111 281
  Add : Claims Outstanding at the end of the year 471 998 3380 595 -362 668 2222 191
  Less: Claims Outstanding at the beginning of the year  0 2592 049  0 1982 656
  Total Claims Incurred 547 248 944 550 -323 833 350 816
(6) PA
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 556 817 1441 665 38 336 785 712
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 556 817 1441 665 38 336 785 712
  Add : Claims Outstanding at the end of the year 1133 495 5343 516 116 448 2778 186
  Less: Claims Outstanding at the beginning of the year  0 3780 066 - 1 2772 646
  Total Claims Incurred 1690 312 3005 115 154 785 791 252
(7) Health
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 13170 919 18142 023 3997 424 11645 186
  Less :Re-insurance Ceded to claims paid  0  0  0 291 660
  Net Claims Paid 13170 919 18142 023 3997 424 11353 526
  Add : Claims Outstanding at the end of the year -3938 077 19653 049 3650 015 17676 532
  Less: Claims Outstanding at the beginning of the year  0 16622 962  0 11364 043
  Total Claims Incurred 9232 842 21172 110 7647 439 17666 015
(8) Agriculture
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 54715 023 69646 419 13089 578 35368 182
  Less :Re-insurance Ceded to claims paid  0 50 074  1 53 466
  Net Claims Paid 54715 023 69596 345 13089 577 35314 716
  Add : Claims Outstanding at the end of the year -13721 054 167010 244 23587 863 115288 961
  Less: Claims Outstanding at the beginning of the year  0 125329 521  0 59122 246
  Total Claims Incurred 40993 969 111277 068 36677 440 91481 431
(9) Oth. Misc.
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 358 801 1771 264 146 124 1090 406
  Less :Re-insurance Ceded to claims paid 135 824 140 787 176 425 176 425
  Net Claims Paid 222 977 1630 477 -30 301 913 981
  Add : Claims Outstanding at the end of the year 1391 301 11185 081 3287 239 10067 662
  Less: Claims Outstanding at the beginning of the year  0 10968 057  0 6418 213
  Total Claims Incurred 1614 278 1847 501 3256 938 4563 430
(10) FL/Credit
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 95 810 559 646 17 088 1069 741
  Less :Re-insurance Ceded to claims paid 135 243 135 243  0  0
  Net Claims Paid -39 433 424 403 17 088 1069 741
  Add : Claims Outstanding at the end of the year 2035 951 8772 382 335 400 4190 261
  Less: Claims Outstanding at the beginning of the year  0 6696 150  1 3773 876
  Total Claims Incurred 1996 518 2500 635 352 487 1486 126
TOTAL  MISCELLANEOUS
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  0  0  936 11 281
  Add   :Re-insurance accepted to direct claims 88622 661 126654 150 23711 194 75729 967
  Less :Re-insurance Ceded to claims paid 489 338 724 520 278 282 861 910
  Net Claims Paid 88133 323 125929 630 23433 848 74879 338
  Add : Claims Outstanding at the end of the year -704 861 354687 339 38364 468 265635 515
  Less: Claims Outstanding at the beginning of the year - 2 288645 833 - 1 189221 644
  Total Claims Incurred 87428 464 191971 136 61798 317 151293 209
C MARINE INSURANCE
(1) MARINE CARGO
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 614 643 1338 649 289 109 585 781
  Less :Re-insurance Ceded to claims paid 43 849 107 717 1 040 1 439
  Net Claims Paid 570 794 1230 932 288 069 584 342
  Add : Claims Outstanding at the end of the year 506 306 6967 501 -235 545 5506 445
  Less: Claims Outstanding at the beginning of the year  0 5899 313  0 5997 053
  Total Claims Incurred 1077 100 2299 120 52 524 93 734
(2) MARINE HULL
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 1724 347 3520 880 378 787 1556 603
  Less :Re-insurance Ceded to claims paid 1498 802 1727 220 349 580 302 336
  Net Claims Paid 225 545 1793 660 29 207 1254 267
  Add : Claims Outstanding at the end of the year -237 149 10778 191 -1281 388 9546 694
  Less: Claims Outstanding at the beginning of the year  0 10601 263  0 11939 858
  Total Claims Incurred -11 604 1970 588 -1252 181 -1138 897
TOTAL MARINE 
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 2338 990 4859 529 667 896 2142 384
  Less :Re-insurance Ceded to claims paid 1542 651 1834 937 350 620 303 775
  Net Claims Paid 796 339 3024 592 317 276 1838 609
  Add : Claims Outstanding at the end of the year 269 157 17745 692 -1516 933 15053 139
  Less: Claims Outstanding at the beginning of the year  0 16500 576  0 17936 911
  Total Claims Incurred 1065 496 4269 708 -1199 657 -1045 163
D LIFE INSURANCE
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  
  Add   :Re-insurance accepted to direct claims 875 021 2413 638 673 406 1110 770
  Less :Re-insurance Ceded to claims paid 34 336 177 452 59 350 115 257
  Net Claims Paid 840 685 2236 186 614 056 995 513
  Add : Claims Outstanding at the end of the year 193 401 3208 708 160 590 2179 484
  Less: Claims Outstanding at the beginning of the year  0 3145 809  0 1845 533
  Total Claims Incurred 1034 086 2299 085 774 646 1329 464
E TOTAL ALL CLASSES
  Claims paid        
  Direct claims  
  Add Claims Outstanding at the end of the year  
  Less Claims Outstanding at the beginning of the year  
  Gross Incurred Claims  0  0  936 11 281
  Add   :Re-insurance accepted to direct claims 107485 882 165665 976 33235 339 96847 552
  Less :Re-insurance Ceded to claims paid 4238 616 6115 831 1340 274 1951 756
  Net Claims Paid 103247 266 159550 145 31896 001 94907 077
  Add : Claims Outstanding at the end of the year 9220 810 493514 687 46890 404 386695 097
  Less: Claims Outstanding at the beginning of the year - 2 411754 677 - 1 295738 785
  Total Claims Incurred 112468 078 241310 155 78786 406 185863 389