FORM NL-5 - CLAIMS SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

CLAIMS INCURRED [NET]

FOR THE YEAR ENDED 30.09.2020

     

(` '000)

 

PARTICULARS

For the  Three Months  ending 30.09.2020

Upto Six Months Ending 30.09.2020

For the  Three Months  ending 30.09.2019

Upto Six Months Ending 30.09.2019

A

FIRE INSURANCE

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

20492 082

35393 904

16207 592

34011 823

 

Less :Re-insurance Ceded to claims paid

3197 084

3627 551

1776 207

5173 569

 

Net Claims Paid

17294 998

31766 353

14431 385

28838 254

 

Add : Claims Outstanding at the end of the year

8571 847

166390 784

13724 622

141847 234

 

Less: Claims Outstanding at the beginning of the year

 0

139677 646

 0

124265 299

 

Total Claims Incurred

25866 845

58479 491

28156 007

46420 189

      
      

B

MISCELLANEOUS INSURANCE

    

(1)

MOTOR

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

11125 369

25071 255

14274 635

25481 580

 

Less :Re-insurance Ceded to claims paid

226 795

-271 533

 0

 0

 

Net Claims Paid

10898 574

25342 788

14274 635

25481 580

 

Add : Claims Outstanding at the end of the year

5706 196

149952 978

3618 118

133962 630

 

Less: Claims Outstanding at the beginning of the year

 0

143935 246

 0

119087 988

 

Total Claims Incurred

16604 770

31360 520

17892 753

40356 222

      
      

(2)

AVIATION

    
 

Claims paid

    
 

Direct claims

4 431

4 431

 0

 0

 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

3692 375

5399 294

2052 614

5280 634

 

Less :Re-insurance Ceded to claims paid

512 242

1009 264

201 043

1031 709

 

Net Claims Paid

3184 564

4394 461

1851 571

4248 925

 

Add : Claims Outstanding at the end of the year

-59 936

15635 017

711 906

12307 873

 

Less: Claims Outstanding at the beginning of the year

 0

14995 311

 0

11137 632

 

Total Claims Incurred

3124 628

5034 167

2563 477

5419 166

      
      

(3)

ENGINEERING

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

1554 148

3279 021

1105 983

2552 282

 

Less :Re-insurance Ceded to claims paid

30 536

-54 557

57 997

75 006

 

Net Claims Paid

1523 612

3333 578

1047 986

2477 276

 

Add : Claims Outstanding at the end of the year

1529 061

22446 084

2307 855

20731 878

 

Less: Claims Outstanding at the beginning of the year

 0

22213 251

 0

17733 208

 

Total Claims Incurred

3052 673

3566 411

3355 841

5475 946

      
      

(4)

WC

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

23 075

76 785

41 876

71 365

 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 

Net Claims Paid

23 075

76 785

41 876

71 365

 

Add : Claims Outstanding at the end of the year

16 298

893 163

88 694

762 717

 

Less: Claims Outstanding at the beginning of the year

 0

812 377

 0

655 257

 

Total Claims Incurred

39 373

157 571

130 570

178 825

      
      

(5)

Liability

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

397 989

696 553

266 341

429 218

 

Less :Re-insurance Ceded to claims paid

-48 583

8 616

 35

8 342

 

Net Claims Paid

446 572

687 937

266 306

420 876

 

Add : Claims Outstanding at the end of the year

217 728

9501 562

896 524

6357 337

 

Less: Claims Outstanding at the beginning of the year

 0

8036 253

 0

4769 475

 

Total Claims Incurred

664 300

2153 246

1162 830

2008 738

      
      

(6)

PA

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

985 855

2152 252

402 037

1721 366

 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 

Net Claims Paid

985 855

2152 252

402 037

1721 366

 

Add : Claims Outstanding at the end of the year

838 264

8757 928

546 370

7138 412

 

Less: Claims Outstanding at the beginning of the year

 0

7555 901

 0

5945 650

 

Total Claims Incurred

1824 119

3354 279

948 407

2914 128

      
      

(7)

Health

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

13656 292

21732 473

6911 573

17788 629

 

Less :Re-insurance Ceded to claims paid

3647 668

3786 346

 0

 0

 

Net Claims Paid

10008 624

17946 127

6911 573

17788 629

 

Add : Claims Outstanding at the end of the year

4315 628

38998 494

9277 508

33862 837

 

Less: Claims Outstanding at the beginning of the year

 238

35261 292

 0

20178 545

 

Total Claims Incurred

14324 014

21683 329

16189 081

31472 921

      
      

(8)

Agriculture

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

64638 920

76827 843

33698 923

56174 429

 

Less :Re-insurance Ceded to claims paid

411 579

431 325

190 286

250 584

 

Net Claims Paid

64227 341

76396 518

33508 637

55923 845

 

Add : Claims Outstanding at the end of the year

-46849 713

155247 691

20317 104

184533 778

 

Less: Claims Outstanding at the beginning of the year

 0

159349 639

 0

112451 396

 

Total Claims Incurred

17377 628

72294 570

53825 741

128006 227

      
      

(9)

Oth. Misc.

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

2208 069

3265 924

345 871

2001 582

 

Less :Re-insurance Ceded to claims paid

233 395

190 983

492 250

611 952

 

Net Claims Paid

1974 674

3074 941

-146 379

1389 630

 

Add : Claims Outstanding at the end of the year

919 008

11395 649

-629 648

10867 974

 

Less: Claims Outstanding at the beginning of the year

 0

5311 910

 0

8811 750

 

Total Claims Incurred

2893 682

9158 680

-776 027

3445 854

      
      

(10)

FL/Credit

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

148 884

461 541

622 823

883 006

 

Less :Re-insurance Ceded to claims paid

 0

 0

16 407

16 407

 

Net Claims Paid

148 884

461 541

606 416

866 599

 

Add : Claims Outstanding at the end of the year

-321 581

9051 981

908 249

9370 291

 

Less: Claims Outstanding at the beginning of the year

 0

9431 623

 0

8183 734

 

Total Claims Incurred

-172 697

81 899

1514 665

2053 156

      
      
 

TOTAL  MISCELLANEOUS

    
 

Claims paid

    
 

Direct claims

4 431

4 431

 0

 0

 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

98430 976

138962 941

59722 676

112384 091

 

Less :Re-insurance Ceded to claims paid

5013 632

5100 444

958 018

1994 000

 

Net Claims Paid

93421 775

133866 928

58764 661

110390 094

 

Add : Claims Outstanding at the end of the year

-33689 049

421880 545

38042 680

419895 727

 

Less: Claims Outstanding at the beginning of the year

 238

406902 803

 0

308954 635

 

Total Claims Incurred

59732 488

148844 670

96807 341

221331 186

      
      

C

MARINE INSURANCE

    

(1)

MARINE CARGO

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

2157 157

3772 230

1055 272

2008 013

 

Less :Re-insurance Ceded to claims paid

250 928

318 050

41 175

165 773

 

Net Claims Paid

1906 229

3454 180

1014 097

1842 240

 

Add : Claims Outstanding at the end of the year

1320 402

8803 474

999 169

7193 299

 

Less: Claims Outstanding at the beginning of the year

 0

6816 985

 0

6124 214

 

Total Claims Incurred

3226 631

5440 669

2013 266

2911 325

      
      

(2)

MARINE HULL

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

2012 247

3580 173

944 918

2324 918

 

Less :Re-insurance Ceded to claims paid

73 809

33 482

82 031

886 087

 

Net Claims Paid

1938 438

3546 691

862 887

1438 831

 

Add : Claims Outstanding at the end of the year

2898 038

17671 027

9 813

12852 520

 

Less: Claims Outstanding at the beginning of the year

 0

14190 427

 0

11730 451

 

Total Claims Incurred

4836 476

7027 291

872 700

2560 900

      
      
 

TOTAL MARINE

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

4169 404

7352 403

2000 190

4332 931

 

Less :Re-insurance Ceded to claims paid

324 737

351 532

123 206

1051 860

 

Net Claims Paid

3844 667

7000 871

1876 984

3281 071

 

Add : Claims Outstanding at the end of the year

4218 440

26474 501

1008 981

20045 818

 

Less: Claims Outstanding at the beginning of the year

 0

21007 412

 0

17854 665

 

Total Claims Incurred

8063 107

12467 960

2885 965

5472 224

      
      

D

LIFE INSURANCE

    
 

Claims paid

    
 

Direct claims

    
 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

1414 531

3540 821

1308 322

3166 950

 

Less :Re-insurance Ceded to claims paid

54 484

156 650

105 829

383 291

 

Net Claims Paid

1360 047

3384 171

1202 493

2783 659

 

Add : Claims Outstanding at the end of the year

876 176

7139 175

559 055

4853 184

 

Less: Claims Outstanding at the beginning of the year

 0

5729 442

 0

4242 699

 

Total Claims Incurred

2236 223

4793 904

1761 548

3394 144

      
      

E

TOTAL ALL CLASSES

    
 

Claims paid

    
 

Direct claims

4 431

4 431

 0

 0

 

Add Claims Outstanding at the end of the year

    
 

Less Claims Outstanding at the beginning of the year

    
 

Gross Incurred Claims

    
 

Add   :Re-insurance accepted to direct claims

124506 993

185250 069

79238 780

153895 795

 

Less :Re-insurance Ceded to claims paid

8589 937

9236 177

2963 260

8602 720

 

Net Claims Paid

115921 487

176018 323

76275 520

145293 075

 

Add : Claims Outstanding at the end of the year

-20022 586

621885 005

53335 338

586641 963

 

Less: Claims Outstanding at the beginning of the year

 238

573317 303

 0

455317 298

 

Total Claims Incurred

95898 663

224586 025

129610 858

276617 740