FORM NL-26 - CLAIMS INFORMATION - KG Table I | ||||||||
Insurer : General Insurance Corporation of India | ||||||||
Solvency for the period ended 30.06.2020 | ||||||||
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 | 12818 75.10 | 10801 12.09 | 9627 17.65 | 9546 00.80 | 2160 22.42 | 2863 80.24 | 2863 80.24 |
2 | Misc - Motor | 8804 37.47 | 8726 79.53 | 6911 77.64 | 6905 78.93 | 1745 35.91 | 2071 73.68 | 2071 73.68 |
3 | Misc - Aviation | 1612 14.28 | 1164 54.01 | 1382 57.67 | 1107 01.51 | 232 90.80 | 332 10.45 | 332 10.45 |
4 | Misc - Engg | 1212 78.94 | 1027 19.79 | 755 68.72 | 765 96.34 | 205 43.96 | 229 78.90 | 229 78.90 |
5 | Misc - W.C. | 42 17.25 | 42 17.03 | 40 84.15 | 40 84.15 | 8 43.41 | 12 25.24 | 12 25.24 |
6 | Misc - Liability | 815 09.37 | 752 50.76 | 488 70.21 | 478 22.14 | 150 50.15 | 143 46.64 | 150 50.15 |
7 | Misc - P.A. | 789 81.40 | 789 69.00 | 518 92.34 | 518 91.80 | 157 93.80 | 155 67.54 | 157 93.80 |
8 | Misc - Health | 4029 35.22 | 3970 81.32 | 4727 35.74 | 4694 10.15 | 794 16.26 | 1408 23.05 | 1408 23.05 |
9 | Misc - Agriculture | 11776 91.06 | 10683 28.94 | 14812 61.06 | 14671 00.60 | 2136 65.79 | 4401 30.18 | 4401 30.18 |
10 | Misc - Oth. Misc. | 797 66.20 | 581 01.18 | 448 98.07 | 426 57.23 | 116 20.24 | 127 97.17 | 127 97.17 |
11 | Misc - FL/Cr. | 259 58.54 | 259 21.63 | 269 45.90 | 272 52.54 | 51 84.33 | 81 75.76 | 81 75.76 |
12 | Marine - Cargo | 1272 16.95 | 1155 19.02 | 753 94.44 | 643 35.95 | 231 03.80 | 193 00.78 | 231 03.80 |
13 | Marine - Hull | 797 25.40 | 656 27.30 | 791 69.87 | 681 69.56 | 131 25.46 | 204 50.87 | 204 50.87 |
14 | Life | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 957 49.98 |
Total | 45028 07.19 | 40609 81.59 | 41529 73.46 | 40752 01.71 | 8121 96.32 | 12225 60.51 | 13230 43.28 | |
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 30.06.2019 | ||||||||
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 | 1080085.03 | 866912.51 | 973995.23 | 813767.91 | 173382.50 | 244130.37 | 244130.37 |
2 | Misc - Motor | 867521.58 | 867521.27 | 762118.70 | 762118.70 | 173504.25 | 228635.61 | 228635.61 |
3 | Misc - Aviation | 127547.00 | 98847.59 | 139378.84 | 102163.70 | 19769.52 | 30649.11 | 30649.11 |
4 | Misc - Engg | 110387.28 | 98424.29 | 61896.66 | 67021.97 | 19684.86 | 20106.59 | 20106.59 |
5 | Misc - W.C. | 4632.31 | 4631.37 | 2798.23 | 2798.23 | 926.27 | 839.47 | 926.27 |
6 | Misc - Liability | 72899.15 | 56288.87 | 31206.29 | 31055.64 | 11257.77 | 9316.69 | 11257.77 |
7 | Misc - P.A. | 74718.97 | 74660.96 | 55999.33 | 55999.33 | 14932.19 | 16799.80 | 16799.80 |
8 | Misc - Health | 614584.85 | 611494.57 | 446413.75 | 445453.18 | 122298.91 | 133635.95 | 133635.95 |
9 | Misc - Agriculture | 1326923.94 | 1156326.57 | 1230879.52 | 1221093.12 | 231265.31 | 366327.94 | 366327.94 |
10 | Misc - Oth. Misc. | 66819.15 | 58701.72 | 57608.35 | 49792.02 | 11740.34 | 14937.61 | 14937.61 |
11 | Misc - FL/Cr. | 32280.29 | 31975.99 | 24354.83 | 23466.02 | 6395.20 | 7039.80 | 7039.80 |
12 | Marine - Cargo | 80683.27 | 68283.40 | 30725.36 | 27623.28 | 13656.68 | 8286.98 | 13656.68 |
13 | Marine - Hull | 106245.42 | 82200.81 | 56322.65 | 48167.91 | 16440.16 | 14450.37 | 16440.16 |
14 | Life | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 81498.54 |
Total | 45653 28.24 | 40762 69.93 | 38736 97.73 | 36505 21.01 | 8152 53.99 | 10951 56.30 | 11860 42.21 | |
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 | ||||||||