FORM NL-4-PREMIUM SCHEDULE | ||||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||||
PREMIUM EARNED [NET] | ||||||
FOR THE YEAR ENDED 30.06.2020 | ||||||
A | FIRE INSURANCE | (Rs. '000) | ||||
PARTICULARS | For the Three Months ending 30.06.2020 | Upto Three Months Ending 30.06.2020 | For the Three Months ending 30.06.2019 | Upto Three Months Ending 30.06.2019 | ||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 39259 197 | 39259 197 | 31341 354 | 31341 354 | ||
Less : Premium on reinsurance ceded | 6668 492 | 6668 492 | 4384 248 | 4384 248 | ||
Net Premium | 32590 705 | 32590 705 | 26957 106 | 26957 106 | ||
Adjustment for change in reserve for unexpired risks | -2188 257 | -2188 257 | -1162 769 | -1162 769 | ||
Premium Earned (Net) | 30402 448 | 30402 448 | 25794 337 | 25794 337 | ||
B | MISCELLANEOUS INSURANCE | |||||
(1) | MOTOR | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 17262 368 | 17262 368 | 23618 677 | 23618 677 | ||
Less : Premium on reinsurance ceded | 775 794 | 775 794 | 0 | 0 | ||
Net Premium | 16486 574 | 16486 574 | 23618 677 | 23618 677 | ||
Adjustment for change in reserve for unexpired risks | 892 492 | 892 492 | -2811 896 | -2811 896 | ||
Premium Earned (Net) | 17379 066 | 17379 066 | 20806 781 | 20806 781 | ||
(2) | AVIATION | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 3469 702 | 3469 702 | 3013 693 | 3013 693 | ||
Less : Premium on reinsurance ceded | 1764 827 | 1764 827 | 865 359 | 865 359 | ||
Net Premium | 1704 875 | 1704 875 | 2148 334 | 2148 334 | ||
Adjustment for change in reserve for unexpired risks | 307 511 | 307 511 | -405 223 | -405 223 | ||
Premium Earned (Net) | 2012 386 | 2012 386 | 1743 111 | 1743 111 | ||
(3) | ENGINEERING | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 3453 173 | 3453 173 | 3563 099 | 3563 099 | ||
Less : Premium on reinsurance ceded | 933 056 | 933 056 | 348 661 | 348 661 | ||
Net Premium | 2520 117 | 2520 117 | 3214 438 | 3214 438 | ||
Adjustment for change in reserve for unexpired risks | 391 168 | 391 168 | -554 678 | -554 678 | ||
Premium Earned (Net) | 2911 285 | 2911 285 | 2659 760 | 2659 760 | ||
(4) | W.C. | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 284 766 | 284 766 | 66 717 | 66 717 | ||
Less : Premium on reinsurance ceded | 0 | 0 | 23 | 23 | ||
Net Premium | 284 766 | 284 766 | 66 694 | 66 694 | ||
Adjustment for change in reserve for unexpired risks | -108 803 | -108 803 | 14 298 | 14 298 | ||
Premium Earned (Net) | 175 963 | 175 963 | 80 992 | 80 992 | ||
(5) | Liability | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 2786 886 | 2786 886 | 1979 329 | 1979 329 | ||
Less : Premium on reinsurance ceded | 310 680 | 310 680 | 167 229 | 167 229 | ||
Net Premium | 2476 206 | 2476 206 | 1812 100 | 1812 100 | ||
Adjustment for change in reserve for unexpired risks | -329 771 | -329 771 | -494 978 | -494 978 | ||
Premium Earned (Net) | 2146 435 | 2146 435 | 1317 122 | 1317 122 | ||
(6) | PA | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 2035 978 | 2035 978 | 2129 887 | 2129 887 | ||
Less : Premium on reinsurance ceded | 1 | 1 | 1 171 | 1 171 | ||
Net Premium | 2035 977 | 2035 977 | 2128 716 | 2128 716 | ||
Adjustment for change in reserve for unexpired risks | -225 423 | -225 423 | 240 357 | 240 357 | ||
Premium Earned (Net) | 1810 554 | 1810 554 | 2369 073 | 2369 073 | ||
(7) | Health | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 8434 683 | 8434 683 | 24026 192 | 24026 192 | ||
Less : Premium on reinsurance ceded | 168 804 | 168 804 | 0 | 0 | ||
Net Premium | 8265 879 | 8265 879 | 24026 192 | 24026 192 | ||
Adjustment for change in reserve for unexpired risks | -932 748 | -932 748 | -72 125 | -72 125 | ||
Premium Earned (Net) | 7333 131 | 7333 131 | 23954 067 | 23954 067 | ||
(8) | Agriculture | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 69832 373 | 69832 373 | 106763 960 | 106763 960 | ||
Less : Premium on reinsurance ceded | 152 710 | 152 710 | 4112 925 | 4112 925 | ||
Net Premium | 69679 663 | 69679 663 | 102651 035 | 102651 035 | ||
Adjustment for change in reserve for unexpired risks | -8056 544 | -8056 544 | -23823 430 | -23823 430 | ||
Premium Earned (Net) | 61623 119 | 61623 119 | 78827 605 | 78827 605 | ||
(9) | Oth. Misc. | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 3378 134 | 3378 135 | 3449 660 | 3449 662 | ||
Less : Premium on reinsurance ceded | 943 940 | 943 940 | 160 000 | 160 000 | ||
Net Premium | 2434 194 | 2434 195 | 3289 660 | 3289 662 | ||
Adjustment for change in reserve for unexpired risks | 474 285 | 474 285 | 1071 298 | 1071 298 | ||
Premium Earned (Net) | 2908 479 | 2908 480 | 4360 958 | 4360 960 | ||
(10) | FL/Credit | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 510 231 | 510 231 | 821 096 | 821 096 | ||
Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | ||
Net Premium | 510 231 | 510 231 | 821 096 | 821 096 | ||
Adjustment for change in reserve for unexpired risks | 156 481 | 156 481 | 3 964 | 3 964 | ||
Premium Earned (Net) | 666 712 | 666 712 | 825 060 | 825 060 | ||
TOTAL MISCELLANEOUS | ||||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 111448 294 | 111448 295 | 169432 310 | 169432 312 | ||
Less : Premium on reinsurance ceded | 5049 812 | 5049 812 | 5655 368 | 5655 368 | ||
Net Premium | 106398 482 | 106398 483 | 163776 942 | 163776 944 | ||
Adjustment for change in reserve for unexpired risks | -7431 352 | -7431 352 | -26832 413 | -26832 413 | ||
Premium Earned (Net) | 98967 130 | 98967 131 | 136944 529 | 136944 531 | ||
C | MARINE INSURANCE | |||||
(1) | MARINE CARGO | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 3592 201 | 3592 201 | 2173 614 | 2173 614 | ||
Less : Premium on reinsurance ceded | 328 605 | 328 605 | 237 205 | 237 205 | ||
Net Premium | 3263 596 | 3263 596 | 1936 409 | 1936 409 | ||
Adjustment for change in reserve for unexpired risks | -656 350 | -656 350 | -313 559 | -313 559 | ||
Premium Earned (Net) | 2607 246 | 2607 246 | 1622 850 | 1622 850 | ||
(2) | MARINE HULL | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 1158 086 | 1158 086 | 2975 414 | 2975 414 | ||
Less : Premium on reinsurance ceded | 391 406 | 391 406 | 1183 546 | 1183 546 | ||
Net Premium | 766 680 | 766 680 | 1791 868 | 1791 868 | ||
Adjustment for change in reserve for unexpired risks | 1037 862 | 1037 862 | -209 121 | -209 121 | ||
Premium Earned (Net) | 1804 542 | 1804 542 | 1582 747 | 1582 747 | ||
TOTAL MARINE | ||||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 4750 287 | 4750 287 | 5149 028 | 5149 028 | ||
Less : Premium on reinsurance ceded | 720 011 | 720 011 | 1420 751 | 1420 751 | ||
Net Premium | 4030 276 | 4030 276 | 3728 277 | 3728 277 | ||
Adjustment for change in reserve for unexpired risks | 381 512 | 381 512 | -522 680 | -522 680 | ||
Premium Earned (Net) | 4411 788 | 4411 788 | 3205 597 | 3205 597 | ||
D | LIFE INSURANCE | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 3357 697 | 3357 697 | 2208 555 | 2208 555 | ||
Less : Premium on reinsurance ceded | 124 372 | 124 372 | 230 249 | 230 249 | ||
Net Premium | 3233 325 | 3233 325 | 1978 306 | 1978 306 | ||
Adjustment for change in reserve for unexpired risks | -396 382 | -396 382 | -551 560 | -551 560 | ||
Premium Earned (Net) | 2836 943 | 2836 943 | 1426 746 | 1426 746 | ||
E | TOTAL ALL CLASSES | |||||
Premium from direct business written | 0 | 0 | 0 | 0 | ||
Service Tax | ||||||
Adjustment for change in reserve for unexpired risks | ||||||
Gross Earned Premium | ||||||
Add: Premium on reinsurance accepted | 158815 475 | 158815 476 | 208131 247 | 208131 249 | ||
Less : Premium on reinsurance ceded | 12562 687 | 12562 687 | 11690 616 | 11690 616 | ||
Net Premium | 146252 788 | 146252 789 | 196440 631 | 196440 633 | ||
Adjustment for change in reserve for unexpired risks | -9634 479 | -9634 479 | -29069 422 | -29069 422 | ||
Premium Earned (Net) | 136618 309 | 136618 310 | 167371 209 | 167371 211 | ||