FORM NL-5 - CLAIMS SCHEDULE

 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

 

CLAIMS INCURRED [NET]

 

FOR THE PERIOD ENDED 30.06.2021

 
     

( ₹ 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

 

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

20187 636

20187 636

14901 822

14901 822

 
 

Less :Re-insurance Ceded to claims paid

152 682

152 682

430 467

430 467

 
 

Net Claims Paid

20034 954

20034 954

14471 355

14471 355

 
 

Add : Claims Outstanding at the end of the year

186692 826

186692 826

157818 937

157818 937

 
 

Less: Claims Outstanding at the beginning of the year

171344 123

171344 123

139677 646

139677 646

 
 

Total Claims Incurred

35383 657

35383 657

32612 646

32612 646

 
       
       

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

14376 439

14376 439

13945 886

13945 886

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

-498 328

-498 328

 
 

Net Claims Paid

14376 439

14376 439

14444 214

14444 214

 
 

Add : Claims Outstanding at the end of the year

161993 713

161993 713

144246 782

144246 782

 
 

Less: Claims Outstanding at the beginning of the year

158402 351

158402 351

143935 246

143935 246

 
 

Total Claims Incurred

17967 801

17967 801

14755 750

14755 750

 
       
       

(2)

AVIATION

     
 

Claims paid

     
 

Direct claims

- 1

- 1

 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

2650 134

2650 134

1706 919

1706 919

 
 

Less :Re-insurance Ceded to claims paid

604 503

604 503

497 022

497 022

 
 

Net Claims Paid

2045 630

2045 630

1209 897

1209 897

 
 

Add : Claims Outstanding at the end of the year

15971 890

15971 890

15694 953

15694 953

 
 

Less: Claims Outstanding at the beginning of the year

15287 319

15287 319

14995 311

14995 311

 
 

Total Claims Incurred

2730 201

2730 201

1909 539

1909 539

 
       
       

(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

1742 627

1742 627

1724 873

1724 873

 
 

Less :Re-insurance Ceded to claims paid

12 287

12 287

-85 093

-85 093

 
 

Net Claims Paid

1730 340

1730 340

1809 966

1809 966

 
 

Add : Claims Outstanding at the end of the year

25939 604

25939 604

20917 023

20917 023

 
 

Less: Claims Outstanding at the beginning of the year

25169 938

25169 938

22213 251

22213 251

 
 

Total Claims Incurred

2500 006

2500 006

513 738

513 738

 
       
       

(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

30 630

30 630

53 710

53 710

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 
 

Net Claims Paid

30 630

30 630

53 710

53 710

 
 

Add : Claims Outstanding at the end of the year

1193 901

1193 901

876 865

876 865

 
 

Less: Claims Outstanding at the beginning of the year

988 937

988 937

812 377

812 377

 
 

Total Claims Incurred

235 594

235 594

118 198

118 198

 
       
       

(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

534 667

534 667

298 564

298 564

 
 

Less :Re-insurance Ceded to claims paid

 199

 199

57 199

57 199

 
 

Net Claims Paid

534 468

534 468

241 365

241 365

 
 

Add : Claims Outstanding at the end of the year

11909 142

11909 142

9283 834

9283 834

 
 

Less: Claims Outstanding at the beginning of the year

10633 170

10633 170

8036 253

8036 253

 
 

Total Claims Incurred

1810 440

1810 440

1488 946

1488 946

 
       
       

(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

1297 631

1297 631

1166 397

1166 397

 
 

Less :Re-insurance Ceded to claims paid

6 376

6 376

 0

 0

 
 

Net Claims Paid

1291 255

1291 255

1166 397

1166 397

 
 

Add : Claims Outstanding at the end of the year

8439 413

8439 413

7919 664

7919 664

 
 

Less: Claims Outstanding at the beginning of the year

8237 182

8237 182

7555 901

7555 901

 
 

Total Claims Incurred

1493 486

1493 486

1530 160

1530 160

 
       
       

(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

13059 784

13059 784

8076 181

8076 181

 
 

Less :Re-insurance Ceded to claims paid

430 212

430 212

138 678

138 678

 
 

Net Claims Paid

12629 572

12629 572

7937 503

7937 503

 
 

Add : Claims Outstanding at the end of the year

37594 149

37594 149

34682 866

34682 866

 
 

Less: Claims Outstanding at the beginning of the year

42301 395

42301 395

35261 054

35261 054

 
 

Total Claims Incurred

7922 326

7922 326

7359 315

7359 315

 
       
       

(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

19026 111

19026 111

12188 923

12188 923

 
 

Less :Re-insurance Ceded to claims paid

132 212

132 212

19 746

19 746

 
 

Net Claims Paid

18893 899

18893 899

12169 177

12169 177

 
 

Add : Claims Outstanding at the end of the year

109172 392

109172 392

202097 404

202097 404

 
 

Less: Claims Outstanding at the beginning of the year

97802 950

97802 950

159349 639

159349 639

 
 

Total Claims Incurred

30263 341

30263 341

54916 942

54916 942

 
       
       

(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

1221 880

1221 880

1057 855

1057 855

 
 

Less :Re-insurance Ceded to claims paid

14 115

14 115

-42 412

-42 412

 
 

Net Claims Paid

1207 765

1207 765

1100 267

1100 267

 
 

Add : Claims Outstanding at the end of the year

13138 017

13138 017

10476 641

10476 641

 
 

Less: Claims Outstanding at the beginning of the year

11011 491

11011 491

5311 910

5311 910

 
 

Total Claims Incurred

3334 291

3334 291

6264 998

6264 998

 
       
       

(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

351 386

351 386

312 657

312 657

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 
 

Net Claims Paid

351 386

351 386

312 657

312 657

 
 

Add : Claims Outstanding at the end of the year

9245 083

9245 083

9373 562

9373 562

 
 

Less: Claims Outstanding at the beginning of the year

9590 577

9590 577

9431 623

9431 623

 
 

Total Claims Incurred

5 892

5 892

254 596

254 596

 
       
       
 

TOTAL  MISCELLANEOUS

     
 

Claims paid

     
 

Direct claims

 0

 0

 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

54291 289

54291 289

40531 965

40531 965

 
 

Less :Re-insurance Ceded to claims paid

1199 904

1199 904

86 812

86 812

 
 

Net Claims Paid

53091 385

53091 385

40445 153

40445 153

 
 

Add : Claims Outstanding at the end of the year

394597 304

394597 304

455569 594

455569 594

 
 

Less: Claims Outstanding at the beginning of the year

379425 310

379425 310

406902 565

406902 565

 
 

Total Claims Incurred

68263 379

68263 379

89112 182

89112 182

 
       
       

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

1877 437

1877 437

1615 073

1615 073

 
 

Less :Re-insurance Ceded to claims paid

142 259

142 259

67 122

67 122

 
 

Net Claims Paid

1735 178

1735 178

1547 951

1547 951

 
 

Add : Claims Outstanding at the end of the year

11855 469

11855 469

7483 072

7483 072

 
 

Less: Claims Outstanding at the beginning of the year

11106 210

11106 210

6816 985

6816 985

 
 

Total Claims Incurred

2484 437

2484 437

2214 038

2214 038

 
       
       

(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

1866 844

1866 844

1567 926

1567 926

 
 

Less :Re-insurance Ceded to claims paid

572 568

572 568

-40 327

-40 327

 
 

Net Claims Paid

1294 276

1294 276

1608 253

1608 253

 
 

Add : Claims Outstanding at the end of the year

18208 633

18208 633

14772 989

14772 989

 
 

Less: Claims Outstanding at the beginning of the year

17659 227

17659 227

14190 427

14190 427

 
 

Total Claims Incurred

1843 682

1843 682

2190 815

2190 815

 
       
       
 

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

3744 281

3744 281

3182 999

3182 999

 
 

Less :Re-insurance Ceded to claims paid

714 827

714 827

26 795

26 795

 
 

Net Claims Paid

3029 454

3029 454

3156 204

3156 204

 
 

Add : Claims Outstanding at the end of the year

30064 102

30064 102

22256 061

22256 061

 
 

Less: Claims Outstanding at the beginning of the year

28765 437

28765 437

21007 412

21007 412

 
 

Total Claims Incurred

4328 119

4328 119

4404 853

4404 853

 
       
       

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

4865 102

4865 102

2126 290

2126 290

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

102 166

102 166

 
 

Net Claims Paid

4865 102

4865 102

2024 124

2024 124

 
 

Add : Claims Outstanding at the end of the year

14728 868

14728 868

6262 999

6262 999

 
 

Less: Claims Outstanding at the beginning of the year

9195 131

9195 131

5729 442

5729 442

 
 

Total Claims Incurred

10398 839

10398 839

2557 681

2557 681

 
       
       

E

TOTAL ALL CLASSES

     
 

Claims paid

     
 

Direct claims

 0

 0

 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

83088 308

83088 308

60743 076

60743 076

 
 

Less :Re-insurance Ceded to claims paid

2067 413

2067 413

646 240

646 240

 
 

Net Claims Paid

81020 895

81020 895

60096 836

60096 836

 
 

Add : Claims Outstanding at the end of the year

626083 100

626083 100

641907 591

641907 591

 
 

Less: Claims Outstanding at the beginning of the year

588730 001

588730 001

573317 065

573317 065

 
 

Total Claims Incurred

118373 994

118373 994

128687 362

128687 362