FORM NL-26 - CLAIMS INFORMATION - KG Table I

Insurer : General Insurance Corporation of India

Solvency for the period ended 30.09.2020

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

13939 67.28

11961 03.75

9509 40.26

9317 09.16

2392 20.75

2795 12.75

2795 12.75

2

Misc - Motor

8739 53.98

8629 93.52

7068 84.17

7059 91.69

1725 98.70

2117 97.51

2117 97.51

3

Misc - Aviation

1583 15.85

1051 62.32

1509 29.41

1163 12.99

210 32.46

348 93.90

348 93.90

4

Misc - Engg

1294 20.92

1065 73.67

755 96.55

735 64.66

213 14.73

220 69.40

220 69.40

5

Misc - W.C.

42 84.34

42 84.12

35 70.72

35 70.72

8 56.82

10 71.22

10 71.22

6

Misc - Liability

761 50.89

694 15.33

431 26.05

428 36.85

138 83.07

128 51.06

138 83.07

7

Misc - P.A.

869 34.40

868 96.10

602 52.47

602 50.85

173 79.22

180 75.26

180 75.26

8

Misc - Health

5812 35.51

5438 94.52

4905 61.76

4703 35.51

1087 78.90

1411 00.65

1411 00.65

9

Misc - Agriculture

9736 70.31

7938 93.95

12616 77.64

12529 94.26

1587 78.79

3758 98.28

3758 98.28

10

Misc - Oth. Misc.

760 26.50

539 97.47

551 05.84

524 36.79

107 99.49

157 31.04

157 31.04

11

Misc - FL/Cr.

271 78.28

271 78.28

253 57.72

255 01.93

54 35.66

76 50.58

76 50.58

12

Marine - Cargo

1385 87.36

1261 84.67

896 03.90

764 69.61

252 36.93

229 40.88

252 36.93

13

Marine - Hull

1056 60.30

923 28.46

1175 18.00

1078 07.33

184 65.69

323 42.20

323 42.20

14

Life

 0.00

 0.00

 0.00

 0.00

 0.00

 0.00

1020 53.23

 

Total

46253 85.92

40689 06.15

40311 24.49

39197 82.36

8137 81.23

11759 34.71

12813 16.00

 

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 30.09.2019

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

1130253.69

890743.55

997783.48

865927.65

178148.71

259778.30

259778.30

2

Misc - Motor

892716.62

892716.47

710251.16

710251.16

178543.29

213075.35

213075.35

3

Misc - Aviation

129510.39

101173.06

118715.58

81999.62

20234.61

24599.89

24599.89

4

Misc - Engg

113417.85

100554.28

67640.78

66553.75

20110.86

19966.13

20110.86

5

Misc - W.C.

3943.86

3942.92

2635.00

2635.00

788.58

790.50

790.50

6

Misc - Liability

68750.94

57682.73

37230.75

37211.45

11536.55

11163.44

11536.55

7

Misc - P.A.

70324.92

70266.91

48580.29

48580.29

14053.38

14574.09

14574.09

8

Misc - Health

552049.43

548959.15

515976.13

515015.56

109791.83

154504.67

154504.67

9

Misc - Agriculture

1372523.20

1211904.95

1409034.21

1395467.82

242380.99

418640.35

418640.35

10

Misc - Oth. Misc.

83992.93

72404.12

36084.74

25888.96

14480.82

7766.69

14480.82

11

Misc - FL/Cr.

36006.94

35970.03

28783.88

27895.08

7194.01

8368.52

8368.52

12

Marine - Cargo

92760.35

80389.20

40026.44

36984.94

16077.84

11095.48

16077.84

13

Marine - Hull

115721.28

94027.25

56559.89

57010.97

18805.45

17103.29

18805.45

14

Life

0.00

0.00

0.00

0.00

0.00

0.00

86142.92

 

Total

46619 72.41

41607 34.60

40693 02.34

38714 22.25

8321 46.92

11614 26.67

12614 86.08

 

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