FORM NL-4-PREMIUM SCHEDULE | ||||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||||
PREMIUM EARNED [NET] | ||||||
FOR THE PERIOD ENDED 31.12.2019 | ||||||
A | FIRE INSURANCE | (` '000) | ||||
PARTICULARS | For the Three Months ending 31.12.2019 | Up to the Nine Months ending 31.12.2019 | For the corresponding Three months of the preceeding year | Up to the corresponding Nine months of the prceeding year | ||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 26242 631 | 90147 019 | 21837 579 | 75842 053 | ||
Less : Premium on reinsurance ceded | 2859 058 | 12925 078 | 6300 761 | 15069 816 | ||
Net Premium | 23383 573 | 77221 941 | 15536 818 | 60772 237 | ||
Adjustment for change in reserve for unexpired risks | -5583 041 | -7945 628 | 2927 109 | -592 399 | ||
Premium Earned (Net) | 17800 532 | 69276 313 | 18463 927 | 60179 838 | ||
B | MISCELLANEOUS INSURANCE | |||||
(1) | MOTOR | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 23016 981 | 73185 613 | 18451 676 | 62845 423 | ||
Less : Premium on reinsurance ceded | 0 | 0 | 14 | 62 | ||
Net Premium | 23016 981 | 73185 613 | 18451 662 | 62845 361 | ||
Adjustment for change in reserve for unexpired risks | -1383 349 | -6042 237 | 1119 560 | -833 241 | ||
Premium Earned (Net) | 21633 632 | 67143 376 | 19571 222 | 62012 120 | ||
(2) | AVIATION | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 4948 347 | 10912 156 | 3979 639 | 8358 924 | ||
Less : Premium on reinsurance ceded | 948 775 | 2408 948 | 453 915 | 1414 832 | ||
Net Premium | 3999 572 | 8503 208 | 3525 724 | 6944 092 | ||
Adjustment for change in reserve for unexpired risks | -326 528 | -849 224 | -459 341 | -1084 020 | ||
Premium Earned (Net) | 3673 044 | 7653 984 | 3066 383 | 5860 072 | ||
(3) | ENGINEERING | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 3233 096 | 9493 524 | 3108 982 | 8299 696 | ||
Less : Premium on reinsurance ceded | 476 850 | 949 744 | 552 192 | 1270 452 | ||
Net Premium | 2756 246 | 8543 780 | 2556 790 | 7029 244 | ||
Adjustment for change in reserve for unexpired risks | -121 928 | -763 589 | -383 279 | -15 684 | ||
Premium Earned (Net) | 2634 318 | 7780 191 | 2173 511 | 7013 560 | ||
(4) | W.C. | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 75 021 | 211 559 | 227 227 | 458 570 | ||
Less : Premium on reinsurance ceded | 0 | 23 | 24 | 26 | ||
Net Premium | 75 021 | 211 536 | 227 203 | 458 544 | ||
Adjustment for change in reserve for unexpired risks | 75 861 | 125 592 | -46 841 | -77 800 | ||
Premium Earned (Net) | 150 882 | 337 128 | 180 362 | 380 744 | ||
(5) | Liability | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 2008 780 | 5693 504 | 1142 050 | 4342 656 | ||
Less : Premium on reinsurance ceded | 77 885 | 373 390 | 171 848 | 1112 034 | ||
Net Premium | 1930 895 | 5320 114 | 970 202 | 3230 622 | ||
Adjustment for change in reserve for unexpired risks | -684 982 | -1252 609 | -125 558 | -419 968 | ||
Premium Earned (Net) | 1245 913 | 4067 505 | 844 644 | 2810 654 | ||
(6) | PA | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 2116 630 | 5601 798 | 1937 563 | 5629 307 | ||
Less : Premium on reinsurance ceded | 261 | 1 432 | 951 | 951 | ||
Net Premium | 2116 369 | 5600 366 | 1936 612 | 5628 356 | ||
Adjustment for change in reserve for unexpired risks | -111 962 | 112 788 | -18 380 | -685 336 | ||
Premium Earned (Net) | 2004 407 | 5713 154 | 1918 232 | 4943 020 | ||
(7) | Health | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 14800 223 | 44354 059 | 15537 689 | 41359 029 | ||
Less : Premium on reinsurance ceded | 416 586 | 416 586 | 0 | 0 | ||
Net Premium | 14383 637 | 43937 473 | 15537 689 | 41359 029 | ||
Adjustment for change in reserve for unexpired risks | 1424 028 | 2348 706 | -1894 192 | -3213 685 | ||
Premium Earned (Net) | 15807 665 | 46286 179 | 13643 497 | 38145 344 | ||
(8) | Agriculture | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 31028 284 | 148355 611 | 15725 623 | 128691 817 | ||
Less : Premium on reinsurance ceded | 11793 235 | 14912 297 | 748 318 | 6517 448 | ||
Net Premium | 19235 049 | 133443 311 | 14977 305 | 122174 369 | ||
Adjustment for change in reserve for unexpired risks | -14424 117 | -1307 197 | -9785 440 | 2186 464 | ||
Premium Earned (Net) | 4810 932 | 132136 114 | 5191 865 | 124360 833 | ||
(9) | Oth. Misc. | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 989 712 | 6313 652 | 478 086 | 6606 364 | ||
Less : Premium on reinsurance ceded | 433 959 | 1033 215 | 451 246 | 1037 239 | ||
Net Premium | 555 753 | 5280 437 | 26 840 | 5569 125 | ||
Adjustment for change in reserve for unexpired risks | -243 114 | 148 378 | 767 168 | 1056 722 | ||
Premium Earned (Net) | 312 639 | 5428 815 | 794 008 | 6625 847 | ||
(10) | FL/Credit | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 679 170 | 2546 875 | 883 624 | 2414 083 | ||
Less : Premium on reinsurance ceded | 0 | 3 692 | 0 | 58 497 | ||
Net Premium | 679 170 | 2543 183 | 883 624 | 2355 586 | ||
Adjustment for change in reserve for unexpired risks | 101 437 | -94 838 | -468 895 | -659 726 | ||
Premium Earned (Net) | 780 607 | 2448 345 | 414 729 | 1695 860 | ||
TOTAL MISCELLANEOUS | ||||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 82896 244 | 306668 351 | 61472 159 | 269005 869 | ||
Less : Premium on reinsurance ceded | 14147 551 | 20099 327 | 2378 508 | 11411 541 | ||
Net Premium | 68748 693 | 286569 021 | 59093 651 | 257594 328 | ||
Adjustment for change in reserve for unexpired risks | -15694 654 | -7574 230 | -11295 198 | -3746 274 | ||
Premium Earned (Net) | 53054 039 | 278994 791 | 47798 453 | 253848 054 | ||
C | MARINE INSURANCE | |||||
(1) | MARINE CARGO | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 2525 040 | 7491 049 | 2113 318 | 5252 755 | ||
Less : Premium on reinsurance ceded | 256 568 | 729 267 | 265 997 | 769 246 | ||
Net Premium | 2268 472 | 6761 782 | 1847 321 | 4483 509 | ||
Adjustment for change in reserve for unexpired risks | -227 758 | -1154 857 | -740 564 | -929 742 | ||
Premium Earned (Net) | 2040 714 | 5606 925 | 1106 757 | 3553 767 | ||
(2) | MARINE HULL | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 1966 118 | 6958 783 | 3575 627 | 7274 868 | ||
Less : Premium on reinsurance ceded | 291 079 | 1767 133 | 248 136 | 1817 324 | ||
Net Premium | 1675 039 | 5191 650 | 3327 491 | 5457 544 | ||
Adjustment for change in reserve for unexpired risks | 1612 884 | 206 478 | -1832 185 | -490 786 | ||
Premium Earned (Net) | 3287 923 | 5398 128 | 1495 306 | 4966 758 | ||
TOTAL MARINE | ||||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 4491 158 | 14449 832 | 5688 945 | 12527 623 | ||
Less : Premium on reinsurance ceded | 547 647 | 2496 400 | 514 133 | 2586 570 | ||
Net Premium | 3943 511 | 11953 432 | 5174 812 | 9941 053 | ||
Adjustment for change in reserve for unexpired risks | 1385 126 | -948 379 | -2572 749 | -1420 528 | ||
Premium Earned (Net) | 5328 637 | 11005 053 | 2602 063 | 8520 525 | ||
D | LIFE INSURANCE | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 1769 567 | 6857 682 | 1313 785 | 4110 952 | ||
Less : Premium on reinsurance ceded | 117 694 | 446 871 | 40 046 | 206 681 | ||
Net Premium | 1651 873 | 6410 811 | 1273 739 | 3904 271 | ||
Adjustment for change in reserve for unexpired risks | 449 675 | -920 364 | 156 400 | -224 710 | ||
Premium Earned (Net) | 2101 548 | 5490 447 | 1430 139 | 3679 561 | ||
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 | ||||||
Add: Premium on reinsurance accepted | 115399 600 | 418122 884 | 90312 468 | 361486 497 | ||
Less : Premium on reinsurance ceded | 17671 950 | 35967 676 | 9233 448 | 29274 608 | ||
Net Premium | 97727 650 | 382155 205 | 81079 020 | 332211 889 | ||
Adjustment for change in reserve for unexpired risks | -19442 894 | -17388 601 | -10784 438 | -5983 911 | ||
Premium Earned (Net) | 78284 756 | 364766 604 | 70294 582 | 326227 978 | ||
- 5 | 0 | |||||