FORM NL-26 - CLAIMS INFORMATION - KG Table I | ||||||||
Insurer : General Insurance Corporation of India | ||||||||
Solvency for the period ended 30.06.2021 | ||||||||
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 | 14151 53.87 | 12269 96.93 | 9928 70.60 | 9811 82.51 | 2453 99.39 | 2943 54.75 | 2943 54.75 |
2 | Misc - Motor | 9527 37.06 | 9458 67.27 | 7030 33.14 | 7009 28.86 | 1891 73.45 | 2102 78.66 | 2102 78.66 |
3 | Misc - Aviation | 1123 29.45 | 644 16.53 | 1337 73.88 | 999 30.98 | 128 83.31 | 299 79.30 | 299 79.30 |
4 | Misc - Engg | 1419 21.76 | 1232 55.08 | 1066 94.49 | 1049 27.48 | 246 51.02 | 314 78.24 | 314 78.24 |
5 | Misc - Oth. Misc. | 1754 58.98 | 1596 63.16 | 2815 56.99 | 1423 81.24 | 319 32.63 | 591 26.97 | 591 26.97 |
6 | Misc - Liability | 689 53.68 | 610 31.70 | 473 26.02 | 478 72.89 | 122 06.34 | 143 61.87 | 143 61.87 |
8 | Misc - Health | 5408 72.28 | 5232 52.88 | 5014 54.08 | 4800 65.90 | 1046 50.58 | 1440 19.77 | 1440 19.77 |
9 | Misc - Agriculture | 7528 02.00 | 5919 42.75 | 9724 12.04 | 10615 41.50 | 1183 88.55 | 3184 62.45 | 3184 62.45 |
12 | Marine - Cargo | 1379 89.91 | 1255 62.63 | 1136 60.49 | 1077 67.67 | 251 12.53 | 323 30.30 | 323 30.30 |
13 | Marine - Hull | 1104 56.58 | 1003 30.45 | 1313 43.80 | 1054 18.05 | 200 66.09 | 316 25.41 | 316 25.41 |
14 | Life | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1002 82.04 |
Total | 44086 75.57 | 39223 19.38 | 39841 25.53 | 38320 17.10 | 7844 63.88 | 11660 17.72 | 12662 99.77 | |
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 30.06.2020 | ||||||||
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 | 1281875.10 | 1080112.09 | 962717.65 | 954600.80 | 216022.42 | 286380.24 | 286380.24 |
2 | Misc - Motor | 880437.47 | 872679.53 | 691177.64 | 690578.93 | 174535.91 | 207173.68 | 207173.68 |
3 | Misc - Aviation | 161214.28 | 116454.01 | 138257.67 | 110701.51 | 23290.80 | 33210.45 | 33210.45 |
4 | Misc - Engg | 121278.94 | 102719.79 | 75568.72 | 76596.34 | 20543.96 | 22978.90 | 22978.90 |
5 | Misc - W.C. | 4217.25 | 4217.03 | 4084.15 | 4084.15 | 843.41 | 1225.24 | 1225.24 |
6 | Misc - Liability | 81509.37 | 75250.76 | 48870.21 | 47822.14 | 15050.15 | 14346.64 | 15050.15 |
7 | Misc - P.A. | 78981.40 | 78969.00 | 51892.34 | 51891.80 | 15793.80 | 15567.54 | 15793.80 |
8 | Misc - Health | 402935.22 | 397081.32 | 472735.74 | 469410.15 | 79416.26 | 140823.05 | 140823.05 |
9 | Misc - Agriculture | 1177691.06 | 1068328.94 | 1481261.06 | 1467100.60 | 213665.79 | 440130.18 | 440130.18 |
10 | Misc - Oth. Misc. | 79766.20 | 58101.18 | 44898.07 | 42657.23 | 11620.24 | 12797.17 | 12797.17 |
11 | Misc - FL/Cr. | 25958.54 | 25921.63 | 26945.90 | 27252.54 | 5184.33 | 8175.76 | 8175.76 |
12 | Marine - Cargo | 127216.95 | 115519.02 | 75394.44 | 64335.95 | 23103.80 | 19300.78 | 23103.80 |
13 | Marine - Hull | 79725.40 | 65627.30 | 79169.87 | 68169.56 | 13125.46 | 20450.87 | 20450.87 |
14 | Life | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 95749.98 |
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 | ||||||||