FORM NL-6-COMMISSION SCHEDULE | |||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
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 | ||||
Commission paid | |||||
Direct | |||||
Add: Re-insurance Accepted | 9230 437 | 17853 659 | 10489 865 | 16425 978 | |
Less: Commission on Re-insurance Ceded | 209 339 | 209 816 | 42 458 | 135 771 | |
Net Commission | 9021 098 | 17643 843 | 10447 407 | 16290 207 | |
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 | 2909 545 | 8137 352 | 5227 538 | 8197 104 | |
Less: Commission on Re-insurance Ceded | 103 492 | 360 661 | 0 | 0 | |
Net Commission | 2806 053 | 7776 691 | 5227 538 | 8197 104 | |
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 | 0 | |
Add: Re-insurance Accepted | 613 642 | 1263 740 | 530 493 | 1084 364 | |
Less: Commission on Re-insurance Ceded | 228 488 | 563 801 | 24 605 | 35 509 | |
Net Commission | 385 154 | 699 939 | 505 888 | 1048 855 | |
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 | 764 785 | 1569 734 | 598 011 | 1351 942 | |
Less: Commission on Re-insurance Ceded | 30 980 | -198 106 | - 33 | 31 852 | |
Net Commission | 733 805 | 1767 840 | 598 044 | 1320 090 | |
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 | 10 502 | 83 503 | 8 990 | 16 146 | |
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
Net Commission | 10 502 | 83 503 | 8 990 | 16 146 | |
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 | 189 527 | 841 645 | 364 785 | 778 471 | |
Less: Commission on Re-insurance Ceded | 30 771 | 85 261 | 20 594 | 45 059 | |
Net Commission | 158 756 | 756 384 | 344 191 | 733 412 | |
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 | 400 212 | 1032 787 | 210 762 | 850 470 | |
Less: Commission on Re-insurance Ceded | 518 | 518 | 0 | 130 | |
Net Commission | 399 694 | 1032 269 | 210 762 | 850 340 | |
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 | 3427 103 | 6921 406 | -4682 766 | 3253 811 | |
Less: Commission on Re-insurance Ceded | 110 205 | 129 479 | 0 | 0 | |
Net Commission | 3316 898 | 6791 927 | -4682 766 | 3253 811 | |
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 | -435 970 | 2895 560 | -2621 053 | 5185 277 | |
Less: Commission on Re-insurance Ceded | 28 335 | -840 904 | 4 682 | 11 746 | |
Net Commission | -464 305 | 3736 464 | -2625 735 | 5173 531 | |
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 | 207 560 | 949 552 | 175 247 | 912 972 | |
Less: Commission on Re-insurance Ceded | 31 458 | -112 121 | 22 422 | 53 366 | |
Net Commission | 176 102 | 1061 673 | 152 825 | 859 606 | |
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 | 278 502 | 469 023 | 236 859 | 424 322 | |
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
Net Commission | 278 502 | 469 023 | 236 859 | 424 322 | |
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 | 0 | |
Add: Re-insurance Accepted | 8365 407 | 24164 301 | 48 866 | 22054 879 | |
Less: Commission on Re-insurance Ceded | 564 247 | -11 411 | 72 270 | 177 662 | |
Net Commission | 7801 160 | 24175 712 | -23 404 | 21877 217 | |
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 | 544 584 | 1048 329 | 462 446 | 821 615 | |
Less: Commission on Re-insurance Ceded | 15 178 | 54 080 | 9 030 | 29 755 | |
Net Commission | 529 406 | 994 249 | 453 416 | 791 860 | |
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 | 683 237 | 879 369 | 342 935 | 746 931 | |
Less: Commission on Re-insurance Ceded | 18 314 | 88 409 | 19 433 | 70 870 | |
Net Commission | 664 923 | 790 960 | 323 502 | 676 061 | |
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 | 1227 822 | 1927 699 | 805 383 | 1568 548 | |
Less: Commission on Re-insurance Ceded | 33 492 | 142 489 | 28 463 | 100 625 | |
Net Commission | 1194 330 | 1785 210 | 776 920 | 1467 923 | |
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 | 65 945 | 76 507 | 30 776 | 49 660 | |
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
Net Commission | 65 945 | 76 507 | 30 776 | 49 660 | |
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 | 0 | |
Add: Re-insurance Accepted | 18889 611 | 44022 166 | 11374 890 | 40099 065 | |
Less: Commission on Re-insurance Ceded | 807 078 | 340 894 | 143 191 | 414 058 | |
Net Commission | 18082 533 | 43681 272 | 11231 699 | 39685 007 | |
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) | |||||