FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
CLAIMS INCURRED [NET]
FOR PERIOD ENDED 31.03.2019
					(` '000)
	PARTICULARS	For the  Three Months  ending 31.03.2019	Up to  the   Twelve  Months  ending 31.03.2019	For the corresponding Three months  of the preceeding year	Up to the corresponding Twelve 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	22558 220	69276 402	16014 478	51766 987
	Less :Re-insurance Ceded to claims paid	1542 684	7136 439	1088 150	4591 552
	Net Claims Paid	21015 536	62139 963	14926 328	47175 435
	Add : Claims Outstanding at the end of the year	501 243	124265 299	-4175 871	103462 459
	Less: Claims Outstanding at the beginning of the year	0	103462 459	0	86734 697
	Total Claims Incurred	21516 779	82942 803	10750 457	63903 197
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	6441 260	46789 755	11689 537	46868 017
	Less :Re-insurance Ceded to claims paid	0	0	0	0
	Net Claims Paid	6441 260	46789 755	11689 537	46868 017
	Add : Claims Outstanding at the end of the year	7143 995	119087 988	8547 443	95213 892
	Less: Claims Outstanding at the beginning of the year	0	95213 892	0	78863 595
	Total Claims Incurred	13585 255	70663 851	20236 980	63218 314
(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	2 800	2 800	0	11 281
	Add   :Re-insurance accepted to direct claims	2268 812	11111 788	1724 541	5372 159
	Less :Re-insurance Ceded to claims paid	516 776	3213 329	110 529	591 459
	Net Claims Paid	1754 836	7901 259	1614 012	4791 981
	Add : Claims Outstanding at the end of the year	-1272 945	11137 632	-1007 360	9960 585
	Less: Claims Outstanding at the beginning of the year	0	9960 585	0	8197 969
	Total Claims Incurred	481 891	9078 306	606 652	6554 597
(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	1457 568	4971 318	921 650	4138 530
	Less :Re-insurance Ceded to claims paid	48 759	75 897	26 279	175 875
	Net Claims Paid	1408 809	4895 421	895 371	3962 655
	Add : Claims Outstanding at the end of the year	-1634 446	17733 208	-788 819	16934 540
	Less: Claims Outstanding at the beginning of the year	0	16934 540	0	16367 961
	Total Claims Incurred	-225 637	5694 089	106 552	4529 234
(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	49 502	175 019	19 929	80 832
	Less :Re-insurance Ceded to claims paid	0	0	0	0
	Net Claims Paid	49 502	175 019	19 929	80 832
	Add : Claims Outstanding at the end of the year	-310 758	655 257	49 659	548 011
	Less: Claims Outstanding at the beginning of the year	0	548 011	0	358 439
	Total Claims Incurred	-261 256	282 265	69 588	270 404
(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	192 238	482 534	108 110	366 920
	Less :Re-insurance Ceded to claims paid	2 606	3 003	347	445
	Net Claims Paid	189 632	479 531	107 763	366 475
	Add : Claims Outstanding at the end of the year	889 829	4769 475	512 839	2592 049
	Less: Claims Outstanding at the beginning of the year	0	2592 049	0	1982 656
	Total Claims Incurred	1079 461	2656 957	620 602	975 868
(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	896 466	2783 430	913 741	3132 476
	Less :Re-insurance Ceded to claims paid	0	0	0	0
	Net Claims Paid	896 466	2783 430	913 741	3132 476
	Add : Claims Outstanding at the end of the year	332 269	5945 650	174 300	3780 066
	Less: Claims Outstanding at the beginning of the year	0	3780 066	0	2772 646
	Total Claims Incurred	1228 735	4949 014	1088 041	4139 896
(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	11368 316	37741 225	11362 546	37120 109
	Less :Re-insurance Ceded to claims paid	96 007	96 064	1070 313	1361 973
	Net Claims Paid	11272 309	37645 161	10292 233	35758 136
	Add : Claims Outstanding at the end of the year	-3397 059	20178 545	-1468 868	16622 962
	Less: Claims Outstanding at the beginning of the year	0	16622 962	0	11364 043
	Total Claims Incurred	7875 250	41200 744	8823 365	41017 055
(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	22214 831	115567 561	14750 754	62351 316
	Less :Re-insurance Ceded to claims paid	-11 111	38 964	0	2097 528
	Net Claims Paid	22225 942	115528 597	14750 754	60253 788
	Add : Claims Outstanding at the end of the year	-32640 604	112451 396	4604 653	125329 521
	Less: Claims Outstanding at the beginning of the year	0	125329 521	0	59122 246
	Total Claims Incurred	-10414 662	102650 472	19355 407	126461 063
(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	702 389	3381 456	592 357	3288 174
	Less :Re-insurance Ceded to claims paid	82 716	234 605	140 917	520 754
	Net Claims Paid	619 673	3146 851	451 440	2767 420
	Add : Claims Outstanding at the end of the year	-1525 936	8811 750	-518 533	10968 057
	Less: Claims Outstanding at the beginning of the year	0	10968 057	0	6418 213
	Total Claims Incurred	-906 263	990 544	-67 093	7317 264
(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	290 912	799 708	76 347	1553 944
	Less :Re-insurance Ceded to claims paid	0	135 243	0	114 992
	Net Claims Paid	290 912	664 465	76 347	1438 952
	Add : Claims Outstanding at the end of the year	-389 251	8183 734	2173 983	6696 150
	Less: Claims Outstanding at the beginning of the year	0	6696 150	0	3773 875
	Total Claims Incurred	-98 339	2152 049	2250 330	4361 227
	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	2 800	2 800	0	11 281
	Add   :Re-insurance accepted to direct claims	45882 294	223803 794	42159 512	164272 477
	Less :Re-insurance Ceded to claims paid	735 753	3797 105	1348 385	4863 026
	Net Claims Paid	45149 341	220009 489	40811 127	159420 732
	Add : Claims Outstanding at the end of the year	-32804 906	308954 635	12279 297	288645 833
	Less: Claims Outstanding at the beginning of the year	0	288645 833	0	189221 643
	Total Claims Incurred	12344 435	240318 291	53090 424	258844 922
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	993 909	3095 162	694 101	1847 375
	Less :Re-insurance Ceded to claims paid	112 827	233 774	33 695	38 083
	Net Claims Paid	881 082	2861 388	660 406	1809 292
	Add : Claims Outstanding at the end of the year	-651 125	6124 214	-201 548	5899 312
	Less: Claims Outstanding at the beginning of the year	- 1	5899 312	1	5997 054
	Total Claims Incurred	229 958	3086 290	458 857	1711 550
(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	1093 865	5965 921	1411 908	3519 617
	Less :Re-insurance Ceded to claims paid	249 466	1984 325	212 691	1228 848
	Net Claims Paid	844 399	3981 596	1199 217	2290 769
	Add : Claims Outstanding at the end of the year	909 153	11730 451	-25 407	10601 263
	Less: Claims Outstanding at the beginning of the year	0	10601 263	0	11939 858
	Total Claims Incurred	1753 552	5110 784	1173 810	952 174
	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	2087 774	9061 083	2106 009	5366 992
	Less :Re-insurance Ceded to claims paid	362 293	2218 099	246 386	1266 931
	Net Claims Paid	1725 481	6842 984	1859 623	4100 061
	Add : Claims Outstanding at the end of the year	258 028	17854 665	-226 955	16500 575
	Less: Claims Outstanding at the beginning of the year	- 1	16500 575	1	17936 912
	Total Claims Incurred	1983 510	8197 074	1632 667	2663 724
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	1519 692	5158 337	1126 722	3159 519
	Less :Re-insurance Ceded to claims paid	109 255	313 939	159 509	336 139
	Net Claims Paid	1410 437	4844 398	967 213	2823 380
	Add : Claims Outstanding at the end of the year	577 988	4242 699	190 251	3145 809
	Less: Claims Outstanding at the beginning of the year	0	3145 809	0	1845 533
	Total Claims Incurred	1988 425	5941 288	1157 464	4123 656
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	2 800	2 800	0	11 281
	Add   :Re-insurance accepted to direct claims	72047 980	307299 616	61406 721	224565 975
	Less :Re-insurance Ceded to claims paid	2749 985	13465 582	2842 430	11057 648
	Net Claims Paid	69300 795	293836 834	58564 291	213519 608
	Add : Claims Outstanding at the end of the year	-31467 647	455317 297	8066 721	411754 675
	Less: Claims Outstanding at the beginning of the year	- 2	411754 675	1	295738 785
	Total Claims Incurred	37833 150	337399 456	66631 011	329535 498
			0		0