FORM NL-4-PREMIUM SCHEDULE | |||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||
PREMIUM EARNED [NET] | |||||
FOR THE PERIOD ENDED 30.06.2021 | |||||
A | FIRE INSURANCE | ( ₹ in 000) | |||
PARTICULARS | For the Three Months ending 30.06.2021 | For the First Quarter Ending 30.06.2021 | For the Three Months ending 30.06.2020 | For the First Quarter Ending 30.06.2020 | |
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 | 39540 443 | 39540 443 | 39259 197 | 39259 197 | |
Less : Premium on reinsurance ceded | 3822 631 | 3822 631 | 6668 492 | 6668 492 | |
Net Premium | 35717 812 | 35717 812 | 32590 705 | 32590 705 | |
Adjustment for change in reserve for unexpired risks | 806 393 | 806 393 | -2188 257 | -2188 257 | |
Premium Earned (Net) | 36524 205 | 36524 205 | 30402 448 | 30402 448 | |
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 | 24067 090 | 24067 090 | 17262 368 | 17262 368 | |
Less : Premium on reinsurance ceded | 0 | 0 | 775 794 | 775 794 | |
Net Premium | 24067 090 | 24067 090 | 16486 574 | 16486 574 | |
Adjustment for change in reserve for unexpired risks | -3753 169 | -3753 169 | 892 492 | 892 492 | |
Premium Earned (Net) | 20313 921 | 20313 921 | 17379 066 | 17379 066 | |
(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 | 1730 029 | 1730 029 | 3469 702 | 3469 702 | |
Less : Premium on reinsurance ceded | 1158 336 | 1158 336 | 1764 827 | 1764 827 | |
Net Premium | 571 693 | 571 693 | 1704 875 | 1704 875 | |
Adjustment for change in reserve for unexpired risks | 558 544 | 558 544 | 307 511 | 307 511 | |
Premium Earned (Net) | 1130 237 | 1130 237 | 2012 386 | 2012 386 | |
(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 | 3867 643 | 3867 643 | 3453 173 | 3453 173 | |
Less : Premium on reinsurance ceded | 441 628 | 441 628 | 933 056 | 933 056 | |
Net Premium | 3426 015 | 3426 015 | 2520 117 | 2520 117 | |
Adjustment for change in reserve for unexpired risks | -749 596 | -749 596 | 391 168 | 391 168 | |
Premium Earned (Net) | 2676 419 | 2676 419 | 2911 285 | 2911 285 | |
(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 | 78 728 | 78 728 | 284 766 | 284 766 | |
Less : Premium on reinsurance ceded | 23 | 23 | 0 | 0 | |
Net Premium | 78 705 | 78 705 | 284 766 | 284 766 | |
Adjustment for change in reserve for unexpired risks | 102 891 | 102 891 | -108 804 | -108 804 | |
Premium Earned (Net) | 181 596 | 181 596 | 175 962 | 175 962 | |
(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 | 1776 716 | 1776 716 | 2786 886 | 2786 886 | |
Less : Premium on reinsurance ceded | 138 797 | 138 797 | 310 680 | 310 680 | |
Net Premium | 1637 919 | 1637 919 | 2476 206 | 2476 206 | |
Adjustment for change in reserve for unexpired risks | 632 882 | 632 882 | -329 771 | -329 771 | |
Premium Earned (Net) | 2270 801 | 2270 801 | 2146 435 | 2146 435 | |
(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 | 933 841 | 933 841 | 2035 978 | 2035 978 | |
Less : Premium on reinsurance ceded | 27 799 | 27 799 | 1 | 1 | |
Net Premium | 906 042 | 906 042 | 2035 977 | 2035 977 | |
Adjustment for change in reserve for unexpired risks | 358 362 | 358 362 | -225 423 | -225 423 | |
Premium Earned (Net) | 1264 404 | 1264 404 | 1810 554 | 1810 554 | |
(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 | 6461 795 | 6461 795 | 8434 683 | 8434 683 | |
Less : Premium on reinsurance ceded | 344 388 | 344 388 | 168 804 | 168 804 | |
Net Premium | 6117 407 | 6117 407 | 8265 879 | 8265 879 | |
Adjustment for change in reserve for unexpired risks | 1103 905 | 1103 905 | -932 748 | -932 748 | |
Premium Earned (Net) | 7221 312 | 7221 312 | 7333 131 | 7333 131 | |
(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 | 53126 291 | 53126 291 | 69832 373 | 69832 373 | |
Less : Premium on reinsurance ceded | 6547 430 | 6547 430 | 152 710 | 152 710 | |
Net Premium | 46578 861 | 46578 861 | 69679 663 | 69679 663 | |
Adjustment for change in reserve for unexpired risks | -14000 604 | -14000 604 | -8056 544 | -8056 544 | |
Premium Earned (Net) | 32578 257 | 32578 257 | 61623 119 | 61623 119 | |
(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 | 2599 615 | 2599 615 | 3378 135 | 3378 135 | |
Less : Premium on reinsurance ceded | 249 006 | 249 006 | 943 940 | 943 940 | |
Net Premium | 2350 609 | 2350 609 | 2434 195 | 2434 195 | |
Adjustment for change in reserve for unexpired risks | -24 727 | -24 727 | 474 285 | 474 285 | |
Premium Earned (Net) | 2325 882 | 2325 882 | 2908 480 | 2908 480 | |
(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 | 252 270 | 252 270 | 510 231 | 510 231 | |
Less : Premium on reinsurance ceded | -3 861 | -3 861 | 0 | 0 | |
Net Premium | 256 131 | 256 131 | 510 231 | 510 231 | |
Adjustment for change in reserve for unexpired risks | 125 072 | 125 072 | 156 481 | 156 481 | |
Premium Earned (Net) | 381 203 | 381 203 | 666 712 | 666 712 | |
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 | 94894 018 | 94894 018 | 111448 295 | 111448 295 | |
Less : Premium on reinsurance ceded | 8903 546 | 8903 546 | 5049 812 | 5049 812 | |
Net Premium | 85990 472 | 85990 472 | 106398 483 | 106398 483 | |
Adjustment for change in reserve for unexpired risks | -15646 440 | -15646 440 | -7431 353 | -7431 353 | |
Premium Earned (Net) | 70344 032 | 70344 032 | 98967 130 | 98967 130 | |
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 | 2815 184 | 2815 184 | 3592 201 | 3592 201 | |
Less : Premium on reinsurance ceded | 366 271 | 366 271 | 328 605 | 328 605 | |
Net Premium | 2448 913 | 2448 913 | 3263 596 | 3263 596 | |
Adjustment for change in reserve for unexpired risks | 412 590 | 412 590 | -656 350 | -656 350 | |
Premium Earned (Net) | 2861 503 | 2861 503 | 2607 246 | 2607 246 | |
(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 | 1474 012 | 1474 012 | 1158 086 | 1158 086 | |
Less : Premium on reinsurance ceded | 284 567 | 284 567 | 391 406 | 391 406 | |
Net Premium | 1189 445 | 1189 445 | 766 680 | 766 680 | |
Adjustment for change in reserve for unexpired risks | -449 540 | -449 540 | 1037 862 | 1037 862 | |
Premium Earned (Net) | 739 905 | 739 905 | 1804 542 | 1804 542 | |
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 | 4289 196 | 4289 196 | 4750 287 | 4750 287 | |
Less : Premium on reinsurance ceded | 650 838 | 650 838 | 720 011 | 720 011 | |
Net Premium | 3638 358 | 3638 358 | 4030 276 | 4030 276 | |
Adjustment for change in reserve for unexpired risks | -36 949 | -36 949 | 381 512 | 381 512 | |
Premium Earned (Net) | 3601 409 | 3601 409 | 4411 788 | 4411 788 | |
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 | 4175 568 | 4175 568 | 3357 697 | 3357 697 | |
Less : Premium on reinsurance ceded | 169 968 | 169 968 | 124 372 | 124 372 | |
Net Premium | 4005 600 | 4005 600 | 3233 325 | 3233 325 | |
Adjustment for change in reserve for unexpired risks | -931 171 | -931 171 | -396 382 | -396 382 | |
Premium Earned (Net) | 3074 429 | 3074 429 | 2836 943 | 2836 943 | |
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 | 142899 225 | 142899 225 | 158815 476 | 158815 476 | |
Less : Premium on reinsurance ceded | 13546 983 | 13546 983 | 12562 687 | 12562 687 | |
Net Premium | 129352 242 | 129352 242 | 146252 789 | 146252 789 | |
Adjustment for change in reserve for unexpired risks | -15808 167 | -15808 167 | -9634 480 | -9634 480 | |
Premium Earned (Net) | 113544 075 | 113544 075 | 136618 309 | 136618 309 | |