FORM NL-6-COMMISSION SCHEDULE | ||||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||||
FOR THE PERIOD ENDED 31.12.2019 | ||||||
(` '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 | ||
A | FIRE INSURANCE | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 8015 301 | 24441 279 | 5394 498 | 16757 492 | ||
Less: Commission on Re-insurance Ceded | 62 806 | 198 577 | 68 516 | 215 001 | ||
Net Commission | 7952 495 | 24242 702 | 5325 982 | 16542 491 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
Note: The profit/ commission, if any, are to be combined with the Re-insurance accepted or Re-insurance ceded figures. | ||||||
B | MISCELLANEOUS INSURANCE | |||||
(1) | MOTOR | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 4805 687 | 13002 791 | 1611 932 | 9696 514 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 2 | 9 | ||
Net Commission | 4805 687 | 13002 791 | 1611 930 | 9696 505 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(2) | AVIATION | |||||
Commission paid | ||||||
Direct | 0 | 0 | 69 | 69 | ||
Add: Re-insurance Accepted | 862 713 | 1947 078 | 631 500 | 1541 824 | ||
Less: Commission on Re-insurance Ceded | 171 015 | 206 524 | 16 903 | 78 935 | ||
Net Commission | 691 698 | 1740 554 | 614 666 | 1462 958 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(3) | ENGINEERING | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 670 371 | 2022 313 | 742 005 | 1998 148 | ||
Less: Commission on Re-insurance Ceded | 31 303 | 63 155 | 10 530 | 28 982 | ||
Net Commission | 639 068 | 1959 158 | 731 475 | 1969 166 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(4) | W.C. | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 10 746 | 26 892 | 58 180 | 122 554 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 10 746 | 26 892 | 58 180 | 122 554 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(5) | Liability | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 366 963 | 1145 434 | 214 818 | 725 741 | ||
Less: Commission on Re-insurance Ceded | 7 700 | 52 759 | 29 664 | 127 211 | ||
Net Commission | 359 263 | 1092 675 | 185 154 | 598 530 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(6) | P.A. | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 687 473 | 1537 943 | 527 079 | 1171 072 | ||
Less: Commission on Re-insurance Ceded | 105 | 235 | 247 | 247 | ||
Net Commission | 687 368 | 1537 708 | 526 832 | 1170 825 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(7) | Health | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 2221 825 | 5475 637 | 1007 991 | 7662 648 | ||
Less: Commission on Re-insurance Ceded | 60 615 | 60 615 | 0 | 0 | ||
Net Commission | 2161 210 | 5415 022 | 1007 991 | 7662 648 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(8) | Agriculture | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 2582 313 | 7767 590 | 292 460 | 7270 667 | ||
Less: Commission on Re-insurance Ceded | 1 071 | 12 818 | 222 | 1 655 | ||
Net Commission | 2581 242 | 7754 772 | 292 238 | 7269 012 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(9) | Oth. Misc. | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 315 336 | 1228 308 | 137 897 | 1338 707 | ||
Less: Commission on Re-insurance Ceded | 54 160 | 107 526 | 13 439 | 34 968 | ||
Net Commission | 261 176 | 1120 782 | 124 458 | 1303 739 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(10) | FL/Cr | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 191 775 | 616 097 | 159 397 | 485 982 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 4 310 | ||
Net Commission | 191 775 | 616 097 | 159 397 | 481 672 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
TOTAL MISCELLANEOUS | ||||||
Commission paid | ||||||
Direct | 0 | 0 | 69 | 69 | ||
Add: Re-insurance Accepted | 12715 202 | 34770 083 | 5383 259 | 32013 857 | ||
Less: Commission on Re-insurance Ceded | 325 969 | 503 632 | 71 007 | 276 317 | ||
Net Commission | 12389 233 | 34266 451 | 5312 321 | 31737 609 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
C | MARINE INSURANCE | |||||
(1) | MARINE CARGO | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 361 851 | 1183 467 | 394 196 | 971 594 | ||
Less: Commission on Re-insurance Ceded | -12 675 | 17 080 | 17 365 | 51 643 | ||
Net Commission | 374 526 | 1166 387 | 376 831 | 919 951 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(2) | MARINE HULL | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 425 292 | 1172 224 | 519 387 | 1396 702 | ||
Less: Commission on Re-insurance Ceded | -44 355 | 26 515 | 35 357 | 80 711 | ||
Net Commission | 469 647 | 1145 709 | 484 030 | 1315 991 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
TOTAL MARINE | ||||||
Commission paid | ||||||
Direct | 0 | 0 | 0 | 0 | ||
Add: Re-insurance Accepted | 787 143 | 2355 691 | 913 583 | 2368 296 | ||
Less: Commission on Re-insurance Ceded | -57 030 | 43 595 | 52 722 | 132 354 | ||
Net Commission | 844 173 | 2312 096 | 860 861 | 2235 942 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
D | LIFE INSURANCE | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 19 976 | 69 636 | 18 419 | 61 479 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 19 976 | 69 636 | 18 419 | 61 479 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
E | TOTAL ALL CLASSES | |||||
Commission paid | ||||||
Direct | 0 | 0 | 69 | 69 | ||
Add: Re-insurance Accepted | 21537 622 | 61636 689 | 11709 759 | 51201 124 | ||
Less: Commission on Re-insurance Ceded | 331 745 | 745 804 | 192 245 | 623 672 | ||
Net Commission | 21205 877 | 60890 885 | 11517 583 | 50577 521 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
0 | 0 | |||||