FORM NL-26 - CLAIMS INFORMATION - KG Table I | |||||||||||
Insurer : General Insurance Corporation of India | |||||||||||
Solvency for the period ended 31.03.2020 | |||||||||||
Required solvency margin based on net premium and net incurred claims | |||||||||||
(Rs. in Lacs) | |||||||||||
Item No. | Description | PREMIUM | CLAIM | RSM-1 | RSM-2 | RSM | |||||
Gross Premium | Net Premium | Gross incurred claim | Net incurred Claim | ||||||||
1 | Fire | 12026 96.67 | 10237 76.10 | 8760 69.36 | 8111 16.15 | 2047 55.22 | 2433 34.85 | 2433 34.85 | |||
2 | Misc - Motor | 9440 00.56 | 9440 00.56 | 7561 62.82 | 7561 62.84 | 1888 00.11 | 2268 48.85 | 2268 48.85 | |||
3 | Misc - Aviation | 1566 54.19 | 1208 88.59 | 1476 28.43 | 1201 63.00 | 241 77.72 | 360 48.90 | 360 48.90 | |||
4 | Misc - Engg | 1223 78.20 | 1096 63.00 | 877 99.07 | 926 60.02 | 219 32.60 | 277 98.01 | 277 98.01 | |||
5 | Misc - W.C. | 20 36.75 | 20 36.31 | 33 84.72 | 33 84.72 | 4 07.26 | 10 15.42 | 10 15.42 | |||
6 | Misc - Liability | 734 33.80 | 686 09.70 | 419 24.09 | 413 91.76 | 137 21.94 | 124 17.53 | 137 21.94 | |||
7 | Misc - P.A. | 799 20.50 | 798 96.40 | 558 50.96 | 558 49.35 | 159 79.28 | 167 54.80 | 167 54.80 | |||
8 | Misc - Health | 5588 50.31 | 5546 84.45 | 5505 94.22 | 5486 55.42 | 1109 36.89 | 1645 96.63 | 1645 96.63 | |||
9 | Misc - Agriculture | 15470 06.93 | 13980 42.66 | 16655 90.73 | 16597 36.05 | 2796 08.53 | 4979 20.81 | 4979 20.81 | |||
10 | Misc - Oth. Misc. | 804 81.47 | 666 55.85 | 280 85.78 | 261 28.87 | 133 31.17 | 78 38.66 | 133 31.17 | |||
11 | Misc - FL/Cr. | 290 67.19 | 290 30.28 | 297 66.55 | 301 82.68 | 58 06.06 | 90 54.81 | 90 54.81 | |||
12 | Marine - Cargo | 1130 31.07 | 1022 47.13 | 627 07.43 | 511 76.15 | 204 49.43 | 153 52.85 | 204 49.43 | |||
13 | Marine - Hull | 978 98.68 | 758 79.17 | 679 45.87 | 631 43.42 | 151 75.83 | 189 43.03 | 189 43.03 | |||
14 | Life | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 987 12.55 | |||
Total | 50074 56.33 | 45754 10.19 | 43735 10.05 | 42597 50.44 | 9150 82.04 | 12779 25.13 | 13885 31.18 | ||||
RSM1 premium has been calculated based on 12 month figure on rolling basis complying with circular no. IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. | |||||||||||
RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 | |||||||||||
Solvency for the period ended 31.03.2019 | |||||||||||
Required solvency margin based on net premium and net incurred claims | |||||||||||
(` in Lacs) | |||||||||||
Item No. | Description | PREMIUM | CLAIM | RSM-1 | RSM-2 | RSM | |||||
Gross Premium | Net Premium | Gross incurred claim | Net incurred Claim | ||||||||
1 | Fire | 1031254.56 | 804714.06 | 987547.01 | 829428.03 | 160942.81 | 248828.41 | 248828.41 | |||
2 | Misc - Motor | 834967.77 | 834967.14 | 706638.52 | 706638.51 | 166993.43 | 211991.55 | 211991.55 | |||
3 | Misc - Aviation | 113665.15 | 90320.37 | 139040.83 | 90783.05 | 18064.07 | 27234.92 | 27234.92 | |||
4 | Misc - Engg | 102720.72 | 87403.49 | 52623.02 | 56940.89 | 17480.70 | 17082.27 | 17480.70 | |||
5 | Misc - W.C. | 4891.91 | 4891.19 | 2822.64 | 2822.64 | 978.24 | 846.79 | 978.24 | |||
6 | Misc - Liability | 63909.75 | 46394.74 | 26886.51 | 26569.58 | 9586.46 | 7970.87 | 9586.46 | |||
7 | Misc - P.A. | 72390.68 | 72344.38 | 49490.15 | 49490.15 | 14468.88 | 14847.04 | 14847.04 | |||
8 | Misc - Health | 514724.47 | 511634.19 | 412968.01 | 412007.44 | 102326.84 | 123602.23 | 123602.23 | |||
9 | Misc - Agriculture | 1328911.87 | 1141792.94 | 1035437.77 | 1026504.72 | 228358.59 | 307951.42 | 307951.42 | |||
10 | Misc - Oth. Misc. | 92036.31 | 80580.13 | 32687.25 | 25910.78 | 16116.03 | 7773.23 | 16116.03 | |||
11 | Misc - FL/Cr. | 32634.46 | 32049.49 | 23139.74 | 22281.39 | 6409.90 | 6684.42 | 6684.42 | |||
12 | Marine - Cargo | 74494.65 | 61817.99 | 33227.33 | 30862.90 | 12363.60 | 9258.87 | 12363.60 | |||
13 | Marine - Hull | 102787.04 | 80161.66 | 54053.72 | 51107.84 | 16032.33 | 15332.35 | 16032.33 | |||
14 | Life | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 77334.74 | |||
Total | 43693 89.35 | 38490 71.78 | 35565 62.48 | 33313 47.91 | 7701 21.87 | 9994 04.37 | 10910 32.08 | ||||
RSM1 premium has been calculated based on 12 month figure on rolling basis complying with circular no. IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. | |||||||||||
RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 | |||||||||||