NL-23-RI-RISK-CONCENTRATION

FORM NL-23	Reinsurance Risk Concentration
Insurer	General Insurance Corporation Of India		Date- 01.10.2019 to 31.12.2019
Name of the RI Programme - Agriculture RI				(Rs. In Lakhs)
S.No	Reinsurance Placement	No. of Reinsurers	Premium Ceded to Reinsurers (INR Lakhs)			Premium Ceded to Reinsurers (%)
S.No	Reinsurance Placement	No. of Reinsurers	Proportional	Non-Proportional	Facultative	Premium Ceded to Reinsurers (%)
1	Reinsurer's with rating of AAA	1		61.38		0.09%
2	Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)	4		20,207.24		30.41%
3	Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)	50	1,786.98	39,223.44		59.03%
4	Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)	11		6,571.51		9.89%
5	Reinsurer's with rating less than BBB	4		311.94		0.47%
6	Govt. Companies (Domestic & Foreign)	1		68.90		0.10%
7	Pools
8	Other Domestic Cos. (Pvt. Domestic Cos.)
	Total	71		66,444.41		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- 01.10.2019 to 31.12.2019
Name of the RI Programme - Aviation				(Rs. In Lakhs)
S.No	Reinsurance Placement	No. of Reinsurers	Premium Ceded to Reinsurers (INR Lakhs)			Premium Ceded to Reinsurers (%)
S.No	Reinsurance Placement	No. of Reinsurers	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- 01.10.2019 to 31.12.2019
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 (%)
S.No	Reinsurance Placement	No. of Reinsurers	Proportional	Non-Proportional	Facultative	Premium Ceded to Reinsurers (%)
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)	1		0.53		12.50%
3	Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)	2		3.71		87.50%
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	3		4.25		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- 01.10.2019 to 31.12.2019
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 (%)
S.No	Reinsurance Placement	No. of Reinsurers	Proportional	Non-Proportional	Facultative	Premium Ceded to Reinsurers (%)
1	Reinsurer's with rating of AAA	3			156.03	2.99%
2	Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)	26			1400.48	26.81%
3	Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)	11			228.94	4.38%
4	Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)	1			0.85	0.02%
5	Reinsurer's with rating less than BBB
6	Govt. Companies (Domestic & Foreign)	2			35.87	0.69%
7	Pools
8	Other Domestic Cos. (Pvt. Domestic Cos.)	8			3401.25	65.12%
	Total				5223.42	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- 01.10.2019 to 31.12.2019
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 (%)
S.No	Reinsurance Placement	No. of Reinsurers	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- 01.10.2019 to 31.12.2019
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 (%)
S.No	Reinsurance Placement	No. of Reinsurers	Proportional	Non-Proportional	Facultative	Premium Ceded to Reinsurers (%)
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)
4	Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)	1	1,192.00			50.00%
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)

FORM NL-23	Reinsurance Risk Concentration
Insurer	General Insurance Corporation Of India		Date- 01.10.2019 to 31.12.2019
Name of the RI Programme - GIC Marine and Energy XL and International Hull and Cargo				(Rs. In Lakhs)
S.No	Reinsurance Placement	No. of Reinsurers	Premium Ceded to Reinsurers (INR Lakhs)			Premium Ceded to Reinsurers (%)
S.No	Reinsurance Placement	No. of Reinsurers	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- 01.10.2019 to 31.12.2019
Name of the RI Programme - Miscellaneous				(Rs. In Lakhs)
S.No	Reinsurance Placement	No. of Reinsurers	Premium Ceded to Reinsurers (INR Lakhs)			Premium Ceded to Reinsurers (%)
S.No	Reinsurance Placement	No. of Reinsurers	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- 01.10.2019 to 31.12.2019
Name of the RI Programme - Health				(Rs. In Lakhs)
S.No	Reinsurance Placement	No. of Reinsurers	Premium Ceded to Reinsurers (INR Lakhs)			Premium Ceded to Reinsurers (%)
S.No	Reinsurance Placement	No. of Reinsurers	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)