| FORM NL-4-PREMIUM SCHEDULE | |||||
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE PERIOD ENDED 31.12.2018 | |||||
| A | FIRE INSURANCE | (` '000) | |||
| PARTICULARS | For the Three Months ending 31.12.2018 | Up to the Nine Months ending 31.12.2018 | For the corresponding Three months of the preceeding year | Up to the corresponding Nine 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 | 21837 579 | 75842 053 | 26509 995 | 69785 665 | |
| Less : Premium on reinsurance ceded | 6300 761 | 15069 816 | 6750 508 | 14254 466 | |
| Net Premium | 15536 818 | 60772 237 | 19759 487 | 55531 199 | |
| Adjustment for change in reserve for unexpired risks | 2927 109 | -592 399 | -1799 741 | -4998 504 | |
| Premium Earned (Net) | 18463 927 | 60179 838 | 17959 746 | 50532 695 | |
| 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 | 18451 676 | 62845 423 | 23819 124 | 59308 769 | |
| Less : Premium on reinsurance ceded | 14 | 62 | 0 | 0 | |
| Net Premium | 18451 662 | 62845 361 | 23819 124 | 59308 769 | |
| Adjustment for change in reserve for unexpired risks | 1119 560 | -833 241 | 14379 855 | 8402 775 | |
| Premium Earned (Net) | 19571 222 | 62012 120 | 38198 979 | 67711 544 | |
| (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 | 3979 639 | 8358 924 | 2835 087 | 5476 388 | |
| Less : Premium on reinsurance ceded | 453 915 | 1414 831 | 377 270 | 769 120 | |
| Net Premium | 3525 724 | 6944 093 | 2457 817 | 4707 268 | |
| Adjustment for change in reserve for unexpired risks | -459 341 | -1084 019 | -414 862 | -426 797 | |
| Premium Earned (Net) | 3066 383 | 5860 074 | 2042 955 | 4280 471 | |
| (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 | 3108 982 | 8299 696 | 2485 824 | 7635 133 | |
| Less : Premium on reinsurance ceded | 552 192 | 1270 452 | 121 548 | 151 319 | |
| Net Premium | 2556 790 | 7029 244 | 2364 276 | 7483 814 | |
| Adjustment for change in reserve for unexpired risks | -383 279 | -15 684 | 95 990 | -349 568 | |
| Premium Earned (Net) | 2173 511 | 7013 560 | 2460 266 | 7134 246 | |
| (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 | 227 227 | 458 570 | 124 743 | 300 267 | |
| Less : Premium on reinsurance ceded | 24 | 26 | 0 | 0 | |
| Net Premium | 227 203 | 458 544 | 124 743 | 300 267 | |
| Adjustment for change in reserve for unexpired risks | -46 841 | -77 800 | -46 283 | -21 720 | |
| Premium Earned (Net) | 180 362 | 380 744 | 78 460 | 278 547 | |
| (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 | 1142 050 | 4342 656 | 818 379 | 3198 123 | |
| Less : Premium on reinsurance ceded | 171 848 | 1112 034 | 124 949 | 812 874 | |
| Net Premium | 970 202 | 3230 622 | 693 430 | 2385 249 | |
| Adjustment for change in reserve for unexpired risks | -125 558 | -419 968 | -136 109 | -492 341 | |
| Premium Earned (Net) | 844 644 | 2810 654 | 557 321 | 1892 908 | |
| (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 | 1937 563 | 5629 307 | 2150 131 | 4178 679 | |
| Less : Premium on reinsurance ceded | 951 | 951 | 0 | 0 | |
| Net Premium | 1936 612 | 5628 356 | 2150 131 | 4178 679 | |
| Adjustment for change in reserve for unexpired risks | -18 379 | -685 336 | 132 616 | 363 615 | |
| Premium Earned (Net) | 1918 233 | 4943 020 | 2282 747 | 4542 294 | |
| (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 | 15537 689 | 41359 029 | 14203 815 | 40423 246 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 804 780 | |
| Net Premium | 15537 689 | 41359 029 | 14203 815 | 39618 466 | |
| Adjustment for change in reserve for unexpired risks | -1894 192 | -3213 685 | 12252 314 | 6718 663 | |
| Premium Earned (Net) | 13643 497 | 38145 344 | 26456 129 | 46337 129 | |
| (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 | 15725 623 | 128691 817 | 10295 090 | 121207 788 | |
| Less : Premium on reinsurance ceded | 748 318 | 6517 448 | 5445 820 | 10013 175 | |
| Net Premium | 14977 305 | 122174 369 | 4849 270 | 111194 613 | |
| Adjustment for change in reserve for unexpired risks | -9785 440 | 2186 464 | -12789 881 | -250 645 | |
| Premium Earned (Net) | 5191 865 | 124360 833 | -7940 611 | 110943 968 | |
| (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 | 478 086 | 6606 364 | 2307 153 | 7415 837 | |
| Less : Premium on reinsurance ceded | 451 246 | 1037 239 | 81 204 | 162 647 | |
| Net Premium | 26 840 | 5569 125 | 2225 949 | 7253 190 | |
| Adjustment for change in reserve for unexpired risks | 767 168 | 1056 722 | -1052 835 | -697 120 | |
| Premium Earned (Net) | 794 008 | 6625 847 | 1173 114 | 6556 070 | |
| (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 | 883 624 | 2414 082 | 506 491 | 1635 747 | |
| Less : Premium on reinsurance ceded | 0 | 58 497 | 556 267 | 567 608 | |
| Net Premium | 883 624 | 2355 585 | -49 776 | 1068 139 | |
| Adjustment for change in reserve for unexpired risks | -468 895 | -659 726 | 92 318 | 79 945 | |
| Premium Earned (Net) | 414 729 | 1695 859 | 42 542 | 1148 084 | |
| 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 | 61472 161 | 269005 870 | 59545 837 | 250779 977 | |
| Less : Premium on reinsurance ceded | 2378 509 | 11411 541 | 6707 058 | 13281 523 | |
| Net Premium | 59093 652 | 257594 329 | 52838 779 | 237498 454 | |
| Adjustment for change in reserve for unexpired risks | -11295 198 | -3746 274 | 12513 123 | 13326 807 | |
| Premium Earned (Net) | 47798 454 | 253848 055 | 65351 902 | 250825 261 | |
| 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 | 2113 318 | 5252 756 | 382 290 | 2996 496 | |
| Less : Premium on reinsurance ceded | 265 997 | 769 246 | 136 558 | 407 224 | |
| Net Premium | 1847 321 | 4483 510 | 245 732 | 2589 272 | |
| Adjustment for change in reserve for unexpired risks | -740 564 | -929 742 | 263 282 | 106 415 | |
| Premium Earned (Net) | 1106 757 | 3553 768 | 509 014 | 2695 687 | |
| (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 | 3575 627 | 7274 868 | 1584 219 | 5852 942 | |
| Less : Premium on reinsurance ceded | 248 135 | 1817 324 | 272 250 | 1018 577 | |
| Net Premium | 3327 491 | 5457 544 | 1311 969 | 4834 365 | |
| Adjustment for change in reserve for unexpired risks | -1832 185 | -490 786 | -568 957 | -1365 631 | |
| Premium Earned (Net) | 1495 306 | 4966 758 | 743 012 | 3468 734 | |
| 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 | 5688 945 | 12527 624 | 1966 509 | 8849 438 | |
| Less : Premium on reinsurance ceded | 514 132 | 2586 570 | 408 808 | 1425 801 | |
| Net Premium | 5174 812 | 9941 054 | 1557 701 | 7423 637 | |
| Adjustment for change in reserve for unexpired risks | -2572 749 | -1420 528 | -305 675 | -1259 216 | |
| Premium Earned (Net) | 2602 063 | 8520 526 | 1252 026 | 6164 421 | |
| 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 | 1313 785 | 4110 953 | 677 459 | 3328 434 | |
| Less : Premium on reinsurance ceded | 40 045 | 206 681 | 62 115 | 237 305 | |
| Net Premium | 1273 739 | 3904 272 | 615 344 | 3091 129 | |
| Adjustment for change in reserve for unexpired risks | 156 400 | -224 710 | 397 766 | -186 353 | |
| Premium Earned (Net) | 1430 139 | 3679 562 | 1013 110 | 2904 776 | |
| 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 | 90312 468 | 361486 500 | 88699 800 | 332743 514 | |
| Less : Premium on reinsurance ceded | 9233 446 | 29274 608 | 13928 489 | 29199 095 | |
| Net Premium | 81079 022 | 332211 892 | 74771 311 | 303544 419 | |
| Adjustment for change in reserve for unexpired risks | -10784 438 | -5983 911 | 10805 473 | 6882 734 | |
| Premium Earned (Net) | 70294 584 | 326227 981 | 85576 784 | 310427 153 |