FORM NL-40-UNDERWRITING PERFORMANCE |
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(Amount in Rs. Lakhs) |
Segmental performance upto the Second Quarter of Current financial year 2022-23 ( As on 30.09.2022 ) |
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Miscellaneous |
Particulars |
FIRE |
MARINE |
Motor |
HEALTH |
PERSONAL ACCIDENT |
TRAVEL |
Health Total |
Motor OD |
Motor TP |
Motor Other |
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Marine Cargo |
Marine- Hull |
Total |
Motor OD-Private car |
Motor OD-Two Wheeler |
Motor OD-Commercial Vehicle |
Motor TP-Private car |
Motor TP-Two Wheeler |
Motor TP-Commercial Vehicle (Declined Pool) |
Motor TP-commercial Vehicle (TP Pool) |
Motor TP-commercial Vehicle (Other than Pool) |
Total |
Health Insurance - Individual |
Health Insurance - Group-Government Schemes |
Health Insurance - Group-Employer/Employee Schemes |
Health Insurance - Group-Other Schemes |
Personal Accident - Individual |
Personal Accident- Group(Government Schemes) |
Personal Accident-Group(Others) |
Overseas Travel |
Domestic Travel |
Retail |
Group |
Government Schemes |
Premium |
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Gross Direct Premium |
- |
0 |
- |
0 |
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Gross Written Premium |
682,790.27 |
35,052.74 |
32,437.26 |
67490.0020992 |
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330,281.64 |
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195,162.46 |
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26,896.63 |
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222,059.09 |
Net Written Premium |
626,590.27 |
29,467.02 |
27,941.33 |
57408.3515757 |
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330,281.64 |
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185,204.94 |
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26,336.08 |
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211,541.02 |
PREMIUM RESERVES |
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0 |
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- |
Unearned Premium Reserve (UPR) |
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0 |
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- |
Premium Deficiency Reserve (PDR) |
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0 |
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- |
Unexpired Risk Reserve (URR) |
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0 |
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- |
Net Earned Premium (A) |
610,773.48 |
38,933.62 |
27,881.74 |
66815.3575474 |
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401,698.47 |
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187,663.31 |
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24,257.52 |
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211,920.83 |
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0 |
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0 |
Claims |
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0 |
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0 |
Claims (Gross) |
572,748.66 |
18,540.85 |
38,727.71 |
57268.5560591001 |
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400,908.37 |
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191,943.19 |
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23,609.79 |
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215,552.97 |
CLAIMS RESERVE |
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0 |
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- |
Outstanding Claims Reserve |
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0 |
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- |
Incurred But Not Reported (IBNR) Claims Reserve |
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0 |
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Claims incurred (Net) (B) |
599,953.56 |
17,666.78 |
26,536.45 |
44203.2340222 |
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400,908.39 |
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180,602.06 |
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23,477.98 |
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204,080.05 |
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0 |
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0 |
Commission |
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0 |
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0 |
Commission-Gross |
128,785.66 |
5,128.19 |
4,505.62 |
9633.8136713 |
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74,258.75 |
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30,764.79 |
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5,733.29 |
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36,498.08 |
Commission-Net (C ) |
126,982.59 |
4,569.15 |
4,141.12 |
8710.2661056 |
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74,258.75 |
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29,607.12 |
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5,660.24 |
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35,267.36 |
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0 |
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- |
Total Operating expenses (D) |
4,557.45 |
184.99 |
187.10 |
372.0922247 |
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2,163.08 |
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1,192.52 |
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164.40 |
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1,356.91 |
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0 |
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0 |
Premium deficiency (E ) |
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- |
0 |
0 |
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- |
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- |
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0 |
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0 |
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0 |
Underwriting Result (F=A-B-C-D-E) |
-120,720.12 |
16,512.70 |
-2,982.93 |
13529.7651948999 |
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-75,631.75 |
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-23,738.38 |
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-5,045.11 |
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(28,783.49) |
Investment Income (G) |
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- |
Other income net of expenses (H) |
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- |
Operating Results (I=G+H) |
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- |
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0 |
Underwriting Ratio =(f)*100/(A) |
-19.77 |
42.41 |
-10.70 |
20.25 |
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-18.83 |
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-12.65 |
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-20.80 |
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(33.45) |
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Particulars |
OTHER MISCELLANEOUS |
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Miscellaneous Total |
Life |
Grand Total |
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Engineering |
Aviation |
Product Liability |
Liability Insurance |
Workmen Compensation/ Employer's Liability |
Crop Insurance |
Credit Insurance |
Others Misc . |
Retail |
Group |
Government Schemes |
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Premium |
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Gross Direct Premium |
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Gross Written Premium |
84,061.72 |
43,058.90 |
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50,863.99 |
1,797.50 |
298,016.16 |
16,047.26 |
44,712.57 |
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1,090,898.84 |
71,065.49 |
1,912,244.60 |
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Net Written Premium |
71,794.42 |
25,703.95 |
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44,259.49 |
1,797.50 |
291,567.08 |
15,902.45 |
37,728.31 |
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1,030,575.85 |
70,297.36 |
1,784,871.83 |
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PREMIUM RESERVES |
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- |
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- |
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Unearned Premium Reserve (UPR) |
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- |
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- |
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Premium Deficiency Reserve (PDR) |
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- |
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- |
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Unexpired Risk Reserve (URR) |
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- |
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- |
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Net Earned Premium (A) |
65,387.65 |
22,391.33 |
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38,929.19 |
1,625.84 |
395,563.95 |
16,271.25 |
38,640.44 |
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1,192,428.96 |
79,995.80 |
1,950,013.59 |
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- |
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- |
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Claims |
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- |
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- |
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Claims (Gross) |
53,242.51 |
43,039.19 |
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31,873.91 |
1,321.95 |
360,707.53 |
18,718.07 |
33,516.30 |
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1,158,880.79 |
75,423.51 |
1,864,321.52 |
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CLAIMS RESERVE |
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- |
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- |
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Outstanding Claims Reserve |
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- |
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- |
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Incurred But Not Reported (IBNR) Claims Reserve |
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- |
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- |
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Claims incurred (Net) (B) |
51,380.03 |
28,855.72 |
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31,114.66 |
1,311.77 |
388,833.56 |
18,718.07 |
33,237.53 |
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1,158,439.78 |
68,629.88 |
1,871,226.45 |
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- |
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- |
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Commission |
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- |
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- |
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Commission-Gross |
14,820.51 |
9,788.07 |
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11,578.85 |
348.13 |
18,372.25 |
4,117.87 |
9,408.34 |
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179,190.84 |
658.58 |
318,268.90 |
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Commission-Net (C ) |
14,413.51 |
6,170.63 |
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10,413.81 |
348.13 |
17,904.30 |
4,072.11 |
8,895.98 |
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171,744.57 |
658.58 |
308,096.01 |
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Total Operating expenses (D) |
602.19 |
518.33 |
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313.64 |
10.78 |
1,825.19 |
98.78 |
277.81 |
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7,166.72 |
434.66 |
12,530.93 |
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- |
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- |
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Premium deficiency (E ) |
- |
- |
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- |
-1,939.69 |
(1,939.69) |
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Underwriting Result (F=A-B-C-D-E) |
-1,008.08 |
-13,153.34 |
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-2,912.93 |
-44.84 |
-12,999.10 |
-6,617.71 |
-3,770.88 |
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-144,922.12 |
12,212.36 |
-239,900.11 |
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Investment Income (G) |
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Other income net of expenses (H) |
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Operating Results (I=G+H) |
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Underwriting Ratio =(f)*100/(A) |
-1.54 |
-58.74 |
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-7.48 |
-2.76 |
-3.29 |
-40.67 |
-9.76 |
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-12.15 |
15.27 |
-12.30 |
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Note: |
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(a) Other segments ** Separate disclosure to be made for segment/sub-segment which contributes more than 10 percent of the total gross direct premium |
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