FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 30.09.2019
(` '000)
  PARTICULARS For the Three Months  ending 30.09.2019 Up to  the  Six  Months  ending 30.09.2019 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 16207 592 34011 823 15649 210 31738 659
  Less :Re-insurance Ceded to claims paid 1776 207 5173 569 2172 291 3378 922
  Net Claims Paid 14431 385 28838 254 13476 919 28359 737
  Add : Claims Outstanding at the end of the year 13724 623 141847 234 9463 114 117872 949
  Less: Claims Outstanding at the beginning of the year  0 124265 299 - 1 103462 459
  Total Claims Incurred 28156 008 46420 189 22940 034 42770 227
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 14274 635 25481 580 16487 590 28359 036
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 14274 635 25481 580 16487 590 28359 036
  Add : Claims Outstanding at the end of the year 3618 118 133962 630 6591 915 106849 812
  Less: Claims Outstanding at the beginning of the year  0 119087 988 - 2 95213 892
  Total Claims Incurred 17892 753 40356 222 23079 507 39994 956
(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  0  0
  Add   :Re-insurance accepted to direct claims 2052 614 5280 634 1951 177 3730 511
  Less :Re-insurance Ceded to claims paid 201 042 1031 709 191 543 371 282
  Net Claims Paid 1851 572 4248 925 1759 634 3359 229
  Add : Claims Outstanding at the end of the year 711 906 12307 873 2820 252 12898 865
  Less: Claims Outstanding at the beginning of the year  0 11137 632  0 9960 585
  Total Claims Incurred 2563 478 5419 166 4579 886 6297 509
(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 1105 983 2552 282 1175 105 2751 798
  Less :Re-insurance Ceded to claims paid 57 997 75 006 26 728 26 738
  Net Claims Paid 1047 986 2477 276 1148 377 2725 060
  Add : Claims Outstanding at the end of the year 2307 855 20731 878 2254 286 18724 139
  Less: Claims Outstanding at the beginning of the year  0 17733 208  0 16934 540
  Total Claims Incurred 3355 841 5475 946 3402 663 4514 659
(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 41 876 71 365 36 169 95 387
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 41 876 71 365 36 169 95 387
  Add : Claims Outstanding at the end of the year 88 694 762 717 255 072 869 655
  Less: Claims Outstanding at the beginning of the year  0 655 257  0 548 011
  Total Claims Incurred 130 570 178 825 291 241 417 031
(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 266 341 429 218 75 250 156 401
  Less :Re-insurance Ceded to claims paid  35 8 343  0  397
  Net Claims Paid 266 306 420 875 75 250 156 004
  Add : Claims Outstanding at the end of the year 896 524 6357 337 471 998 3380 595
  Less: Claims Outstanding at the beginning of the year  0 4769 475  0 2592 049
  Total Claims Incurred 1162 830 2008 737 547 248 944 550
(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 402 036 1721 367 556 816 1441 666
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 402 036 1721 367 556 816 1441 666
  Add : Claims Outstanding at the end of the year 546 370 7138 413 1133 495 5343 516
  Less: Claims Outstanding at the beginning of the year  0 5945 650  0 3780 066
  Total Claims Incurred 948 406 2914 130 1690 311 3005 116
(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 6911 573 17788 629 13170 919 18142 023
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 6911 573 17788 629 13170 919 18142 023
  Add : Claims Outstanding at the end of the year 9277 508 33862 837 -3938 077 19653 049
  Less: Claims Outstanding at the beginning of the year  0 20178 545  0 16622 962
  Total Claims Incurred 16189 081 31472 921 9232 842 21172 110
(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 33698 923 56174 430 54715 023 69646 419
  Less :Re-insurance Ceded to claims paid 190 286 250 584  0 50 074
  Net Claims Paid 33508 637 55923 846 54715 023 69596 345
  Add : Claims Outstanding at the end of the year 20317 104 184533 778 -13721 054 167010 244
  Less: Claims Outstanding at the beginning of the year  0 112451 396  0 125329 521
  Total Claims Incurred 53825 741 128006 228 40993 969 111277 068
(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 345 871 2001 584 358 802 1771 266
  Less :Re-insurance Ceded to claims paid 492 250 611 952 135 824 140 787
  Net Claims Paid -146 379 1389 632 222 978 1630 479
  Add : Claims Outstanding at the end of the year -629 652 10867 974 1391 302 11185 081
  Less: Claims Outstanding at the beginning of the year  0 8811 750  0 10968 057
  Total Claims Incurred -776 031 3445 856 1614 280 1847 503
(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 622 823 883 006 95 811 559 647
  Less :Re-insurance Ceded to claims paid 16 407 16 407 135 243 135 243
  Net Claims Paid 606 416 866 599 -39 432 424 404
  Add : Claims Outstanding at the end of the year 908 249 9370 291 2035 951 8772 381
  Less: Claims Outstanding at the beginning of the year  0 8183 734  0 6696 150
  Total Claims Incurred 1514 665 2053 156 1996 519 2500 635
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  0  0
  Add   :Re-insurance accepted to direct claims 59722 675 112384 095 88622 662 126654 154
  Less :Re-insurance Ceded to claims paid 958 017 1994 001 489 338 724 521
  Net Claims Paid 58764 658 110390 094 88133 324 125929 633
  Add : Claims Outstanding at the end of the year 38042 679 419895 727 -704 860 354687 337
  Less: Claims Outstanding at the beginning of the year  0 308954 635 - 2 288645 833
  Total Claims Incurred 96807 337 221331 186 87428 466 191971 137
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 1055 272 2008 013 614 644 1338 649
  Less :Re-insurance Ceded to claims paid 41 175 165 773 43 849 107 717
  Net Claims Paid 1014 097 1842 240 570 795 1230 932
  Add : Claims Outstanding at the end of the year 999 169 7193 299 506 306 6967 501
  Less: Claims Outstanding at the beginning of the year  0 6124 215  0 5899 312
  Total Claims Incurred 2013 266 2911 324 1077 101 2299 121
(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 944 918 2324 918 1724 347 3520 880
  Less :Re-insurance Ceded to claims paid 82 031 886 087 1498 802 1727 220
  Net Claims Paid 862 887 1438 831 225 545 1793 660
  Add : Claims Outstanding at the end of the year 9 813 12852 520 -237 149 10778 190
  Less: Claims Outstanding at the beginning of the year  0 11730 451  0 10601 263
  Total Claims Incurred 872 700 2560 900 -11 604 1970 587
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 2000 190 4332 931 2338 991 4859 529
  Less :Re-insurance Ceded to claims paid 123 206 1051 860 1542 651 1834 937
  Net Claims Paid 1876 984 3281 071 796 340 3024 592
  Add : Claims Outstanding at the end of the year 1008 982 20045 819 269 155 17745 691
  Less: Claims Outstanding at the beginning of the year  0 17854 666  0 16500 575
  Total Claims Incurred 2885 966 5472 224 1065 495 4269 708
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 1308 322 3166 950 875 021 2413 638
  Less :Re-insurance Ceded to claims paid 105 829 383 291 34 338 177 452
  Net Claims Paid 1202 493 2783 659 840 683 2236 186
  Add : Claims Outstanding at the end of the year 559 054 4853 184 193 401 3208 708
  Less: Claims Outstanding at the beginning of the year  0 4242 699  0 3145 809
  Total Claims Incurred 1761 547 3394 144 1034 084 2299 085
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  0  0
  Add   :Re-insurance accepted to direct claims 79238 779 153895 799 107485 884 165665 980
  Less :Re-insurance Ceded to claims paid 2963 259 8602 721 4238 618 6115 832
  Net Claims Paid 76275 520 145293 078 103247 266 159550 148
  Add : Claims Outstanding at the end of the year 53335 338 586641 964 9220 810 493514 685
  Less: Claims Outstanding at the beginning of the year  0 455317 299 - 3 411754 676
  Total Claims Incurred 129610 858 276617 743 112468 079 241310 157
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