FORM NL-6-COMMISSION SCHEDULE | ||||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||||
FOR THE YEAR ENDED 31.03.2020 | ||||||
( Rs. IN 000) | ||||||
PARTICULARS | For the Three Months ending 31.03.2020 | For the Year ending 31.03.2020 | For the Three Months ending 31.03.2019 | For the Year ending 31.03.2019 | ||
A | FIRE INSURANCE | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 5535 836 | 29977 115 | 5341 777 | 22099 269 | ||
Less: Commission on Re-insurance Ceded | 428 453 | 627 030 | 121 144 | 336 145 | ||
Net Commission | 5107 383 | 29350 085 | 5220 633 | 21763 124 | ||
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 | 3654 892 | 16657 683 | 2451 053 | 12147 567 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 9 | ||
Net Commission | 3654 892 | 16657 683 | 2451 053 | 12147 558 | ||
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 | 0 | 69 | ||
Add: Re-insurance Accepted | 891 657 | 2838 735 | 535 482 | 2077 306 | ||
Less: Commission on Re-insurance Ceded | 219 692 | 426 216 | 18 141 | 97 076 | ||
Net Commission | 671 965 | 2412 519 | 517 341 | 1980 299 | ||
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 | 637 951 | 2660 264 | 448 334 | 2446 482 | ||
Less: Commission on Re-insurance Ceded | 258 992 | 322 147 | 16 037 | 45 019 | ||
Net Commission | 378 959 | 2338 117 | 432 297 | 2401 463 | ||
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 | 1 489 | 28 381 | 5 361 | 127 915 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 1 489 | 28 381 | 5 361 | 127 915 | ||
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 | 332 386 | 1477 820 | 375 480 | 1101 221 | ||
Less: Commission on Re-insurance Ceded | 17 900 | 70 659 | 63 569 | 190 780 | ||
Net Commission | 314 486 | 1407 161 | 311 911 | 910 441 | ||
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 | 671 793 | 2209 736 | 416 195 | 1587 267 | ||
Less: Commission on Re-insurance Ceded | 47 | 282 | 3 214 | 3 461 | ||
Net Commission | 671 746 | 2209 454 | 412 981 | 1583 806 | ||
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 | 1795 392 | 7271 028 | 478 688 | 8141 336 | ||
Less: Commission on Re-insurance Ceded | 0 | 60 615 | 36 513 | 36 513 | ||
Net Commission | 1795 392 | 7210 413 | 442 175 | 8104 823 | ||
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 | 445 211 | 8212 801 | 335 346 | 7606 013 | ||
Less: Commission on Re-insurance Ceded | 2 321 | 15 139 | 871 896 | 873 551 | ||
Net Commission | 442 890 | 8197 662 | -536 550 | 6732 462 | ||
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 | 343 886 | 1572 194 | 452 368 | 1791 075 | ||
Less: Commission on Re-insurance Ceded | 270 183 | 377 709 | 13 566 | 48 534 | ||
Net Commission | 73 703 | 1194 485 | 438 802 | 1742 541 | ||
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 | 100 942 | 717 039 | 247 640 | 733 622 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 4 310 | ||
Net Commission | 100 942 | 717 039 | 247 640 | 729 312 | ||
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 | 0 | 69 | ||
Add: Re-insurance Accepted | 8875 599 | 43645 684 | 5745 947 | 37759 806 | ||
Less: Commission on Re-insurance Ceded | 769 135 | 1272 767 | 1022 936 | 1299 253 | ||
Net Commission | 8106 464 | 42372 917 | 4723 011 | 36460 622 | ||
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 | 472 713 | 1656 180 | 360 922 | 1332 516 | ||
Less: Commission on Re-insurance Ceded | 12 041 | 29 121 | 78 992 | 130 635 | ||
Net Commission | 460 672 | 1627 059 | 281 930 | 1201 881 | ||
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 | 497 451 | 1669 674 | 369 038 | 1765 740 | ||
Less: Commission on Re-insurance Ceded | 7 896 | 34 411 | 132 561 | 213 272 | ||
Net Commission | 489 555 | 1635 263 | 236 477 | 1552 468 | ||
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 | 970 164 | 3325 854 | 729 960 | 3098 256 | ||
Less: Commission on Re-insurance Ceded | 19 937 | 63 532 | 211 553 | 343 907 | ||
Net Commission | 950 227 | 3262 322 | 518 407 | 2754 349 | ||
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 | 28 537 | 98 173 | 14 718 | 76 197 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 28 537 | 98 173 | 14 718 | 76 197 | ||
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 | 0 | 69 | ||
Add: Re-insurance Accepted | 15410 136 | 77046 826 | 11832 402 | 63033 528 | ||
Less: Commission on Re-insurance Ceded | 1217 525 | 1963 329 | 1355 633 | 1979 305 | ||
Net Commission | 14192 611 | 75083 497 | 10476 769 | 61054 292 | ||
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 | |||||