| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| Name of the RI Programme - Agri | (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) | 5 | 46,134.28 | 54.56% | ||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 32 | 472.35 | 32,792.12 | 39.34% | |||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 5 | 3,948.26 | 4.67% | ||||
| 5 | Reinsurer's with rating less than BBB | 3 | 1,074.35 | 1.27% | ||||
| 6 | Govt. Companies (Domestic & Foreign) | 1 | 130.15 | 0.15% | ||||
| 7 | Pools | |||||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||||
| Total | 472.35 | 84,079.16 | 100.00% | |||||
| Singapore, Asian Reinsurance, and Patria Re have their ratings converted to S&P rating using rating comparison key available at the open source | ||||||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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) | ||||||||
| Department → | Energy | |||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date- 01.01.2019 to 31.03.2019 | ||||||
| Name of the RI Programme - Reliance Offshore Energy | (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) | 6 | 1,239.54 | 16.41% | ||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 38 | 5,182.82 | 68.60% | ||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 9 | 1,133.13 | 15.00% | ||||
| 5 | Reinsurer's with rating less than BBB | |||||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||||
| 7 | Pools | |||||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||||
| Total | 53 | 7,555.49 | 100.00% | |||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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 | 3 | 352,849,381.81 | 8.17% | ||||
| 2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 11 | 1,655,699,471.21 | 38.36% | ||||
| 3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 15 | 1,205,517,739.83 | 27.93% | ||||
| 4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 10 | 504,438,906.85 | 11.69% | ||||
| 5 | Reinsurer's with rating less than BBB | |||||||
| 6 | Govt. Companies (Domestic & Foreign) | 3 | 172,516,753.00 | 4.00% | ||||
| 7 | Pools | |||||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 7 | 425,247,805.18 | 9.85% | ||||
| Total | 49 | 4,316,270,057.87 | 100.00% | |||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| Name of the RI Programme - 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 | |||||||
| 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) | 1 | 1,792.05 | Retro Share -50% | ||||
| 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 | 1 | 1,792.05 | ||||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| Name of the RI Programme - Marine | (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) | 9 | 2,182.25 | 86.00% | ||||
| 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 | 3 | 355.25 | 14.00% | ||||
| 6 | Govt. Companies (Domestic & Foreign) | |||||||
| 7 | Pools | |||||||
| 8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||||
| Total | 12 | 2,537.50 | 100.00% | |||||
| (Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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) | ||||||||
| Periodic Disclosures | ||||||||
| FORM NL-23 | Reinsurance Risk Concentration | |||||||
| Insurer | General Insurance Corporation Of India | Date-01.01.2019 to 31.03.2019 | ||||||
| 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) | ||||||||