FORM NL-23 | Reinsurance Risk Concentration | |||||||||||
Insurer | General Insurance Corporation Of India | Date- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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) | 5 | 668.61 | 4,408.65 | 18.25% | |||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 42 | - | 17,109.22 | 61.51% | |||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 7 | - | 3,419.53 | 12.29% | |||||||
5 | Reinsurer's with rating less than BBB | 4 | - | 727.59 | 2.62% | |||||||
6 | Govt. Companies (Domestic & Foreign) | 5 | - | 1,479.71 | 5.32% | |||||||
7 | Pools | |||||||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||||||||
Total | 63 | 668.61 | 27,144.69 | 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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
1 | Reinsurer's with rating of AAA | 0.00% | ||||||||||
2 | Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) | 0.00% | ||||||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 0.00% | ||||||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 0.00% | ||||||||||
5 | Reinsurer's with rating less than BBB | |||||||||||
6 | Govt. Companies (Domestic & Foreign) | 1 | 1,608.80 | 27.78% | ||||||||
7 | Pools | |||||||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | 4 | 4,182.39 | 72.22% | ||||||||
Total | 5 | 5791.19 | 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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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) | 1 | 912.00 | 50.00% | ||||||||
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 | 1 | 912 | ||||||||||
(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- 01.01.2020 to 31.03.2020 | ||||||||||
Name of the RI Programme - AM Re Retro (Marine Cargo) | (Rs. In Lakhs) | |||||||||||
S.No | Reinsurance Placement | No. of Reinsurers | Premium Ceded to Reinsurers (INR Lakhs) | Premium Ceded to Reinsurers (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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 | 421.52 | 14.59% | ||||||||
3 | Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) | 8 | 2,046.30 | 70.83% | ||||||||
4 | Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) | 2 | 359.86 | 12.46% | ||||||||
5 | Reinsurer's with rating less than BBB | 1 | 61.31 | 2.12% | ||||||||
6 | Govt. Companies (Domestic & Foreign) | |||||||||||
7 | Pools | |||||||||||
8 | Other Domestic Cos. (Pvt. Domestic Cos.) | |||||||||||
Total | 12 | 2,889.00 | 100% | |||||||||
(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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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- 01.01.2020 to 31.03.2020 | ||||||||||
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 (%) | ||||||||
Proportional | Non-Proportional | Facultative | ||||||||||
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) | ||||||||||||