FORM NL-5 - CLAIMS SCHEDULE

CLAIMS INCURRED [NET]

GENERAL INSURANCE CORPORATION OF INDIA

FOR THE YEARs ENDED 31ST MARCH, 2005 TO 31ST MARCH 2010

 

	Claims Incurred (Net)
A	FIRE INSURANCE
	Particulars	31st March 2010	31st March 2009	31st March 2008	31st March 2007	31sr March 2006	31st March 2005	31st March 2004
		(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	13925 745	14089 618	13487 005	12848 481	10332 654	6678 013	5277 684
	Less: Reinsurance ceded	1681 719	2160 184	2124 363	2861 595	4767 613	689 604	657 450
	Net Claims Paid	12244 026	11929 434	11362 642	9986 886	5565 041	5988 409	4620 234
	Add : Claims Outstanding at the end of the year	26969 610	22849 850	17974 360	12898 431	12368 212	8656 583	6517 977
	Less: Claims Outstanding at the beginning of the year	22849 850	18093 984	12895 861	12368 212	8656 583	6517 977	5438 273
	Total Claims Incurred	16363 786	16685 300	16441 141	10517 105	9276 670	8127 015	5699 938
B	MISCELLANEOUS INSURANCE
(1)	MOTOR
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	20499 411	18104 164	21116 957	14957 671	8333 131	12088 110	9520 013
	Less: Reinsurance ceded	123	7 033	10 714	11 481	12 286	0	0
	Net Claims Paid	20499 288	18097 131	21106 243	14946 190	8320 845	12088 110	9520 013
	Add : Claims Outstanding at the end of the year	31733 679	30597 952	33079 604	36388 262	40885 579	29570 823	26064 205
	Less: Claims Outstanding at the beginning of the year	30597 952	33085 745	36388 260	40885 579	29570 823	26064 205	22561 758
	Total Claims Incurred	21635 015	15609 338	17797 587	10448 873	19635 601	15594 728	13022 460
(2)	AVIATION
	Claims Paid
	Direct	88 265	5 532	7 803	1 114	33 808	10 459	17 557
	Add : Reinsurance accepted	4151 914	4195 652	3111 697	3113 050	1741 685	1012 658	543 649
	Less: Reinsurance ceded	670 131	1031 443	-122 803	1368 074	83 381	180 500	114 238
	Net Claims Paid	3570 048	3169 741	3242 303	1746 090	1692 112	842 617	446 968
	Add : Claims Outstanding at the end of the year	5077 680	5760 611	3135 388	3875 946	2902 355	1951 625	1050 520
	Less: Claims Outstanding at the beginning of the year	5760 611	3135 265	3875 946	2902 355	1951 625	1050 520	544 173
	Total Claims Incurred	2887 117	5795 087	2501 745	2719 681	2642 842	1743 722	953 315
(3)	ENGINEERING
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	2747 241	2913 988	2474 354	1820 246	670 587	1203 565	1493 922
	Less: Reinsurance ceded	289 892	665 361	460 522	271 432	225 685	280 852	466 148
	Net Claims Paid	2457 349	2248 627	2013 832	1548 814	444 902	922 713	1027 774
	Add : Claims Outstanding at the end of the year	6270 387	5647 953	5083 188	3912 074	3351 692	2202 749	2014 684
	Less: Claims Outstanding at the beginning of the year	5647 953	5092 053	3911 978	3351 692	2202 749	2014 684	1083 631
	Total Claims Incurred	3079 783	2804 527	3185 042	2109 196	1593 845	1110 778	1958 827
4	OTHER MISCELLANEOUS
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	17129132	13273 290	15294878	9344 926	5950 508	6864 544	4915 658
	Less: Reinsurance ceded	210672	168 743	388713	264 053	622 185	143 702	86 002
	Net Claims Paid	16918460	13104 547	14906165	9080 873	5328 323	6720 842	4829 656
	Add : Claims Outstanding at the end of the year	10293254	7331 289	6056527	6178 220	8283 682	4222 764	3532 117
	Less: Claims Outstanding at the beginning of the year	7331288	6085 140	6178149	8283 682	4222 764	3532 118	2991 905
	Total Claims Incurred	19880426	14350 696	14784543	6975 411	9389 241	7411 488	5369 868
(5)	TOTAL  MISCELLANEOUS
	Claims Paid
	Direct	88 265	5 532	7 803	1 114	33 808	10 459	17 557
	Add : Reinsurance accepted	44527 698	38487 095	41997 886	29235 892	16695 911	21168 877	16473 242
	Less: Reinsurance ceded	1170 818	1872 580	737 145	1915 040	943 537	605 054	666 388
	Net Claims Paid	43445 145	36620 047	41268 544	27321 966	15786 182	20574 282	15824 411
	Add : Claims Outstanding at the end of the year	53375 000	49337 804	47354 706	50354 502	55423 309	37947 962	32661 526
	Less: Claims Outstanding at the beginning of the year	49337 804	47398 204	50354 334	55423 309	37947 962	32661 527	27181 467
	Total Claims Incurred	47482 341	38559 647	38268 916	22253 159	33261 529	25860 717	21304 470
C	MARINE INSURANCE
(1)	MARINE CARGO
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	2159 333	1884 498	2581 600	1791 514	1696 365	1810 195	1098 970
	Less: Reinsurance ceded	48 001	31 166	126 367	318 906	187 273	587 078	35 624
	Net Claims Paid	2111 332	1853 332	2455 233	1472 608	1509 092	1223 117	1063 346
	Add : Claims Outstanding at the end of the year	2686 226	3014 794	2476 574	2434 115	2239 069	1927 602	1178 942
	Less: Claims Outstanding at the beginning of the year	3014 794	2484 885	2434 115	2239 069	1927 602	1178 942	1046 732
	Total Claims Incurred	1782 764	2383 241	2497 692	1667 654	1820 559	1971 777	1195 556
(2)	MARINE HULL
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	3664 243	2643 967	1871 829	1609 192	1134 870	1068 680	643 141
	Less: Reinsurance ceded	529 425	630 072	210 127	455 036	177 358	263 182	180 719
	Net Claims Paid	3134 818	2013 895	1661 702	1154 156	957 512	805 498	462 422
	Add : Claims Outstanding at the end of the year	6026 679	6294 772	3780 278	2552 510	1924 592	1514 945	1276 367
	Less: Claims Outstanding at the beginning of the year	6294 772	3804 772	2552 510	1924 592	1514 945	1276 367	985 192
	Total Claims Incurred	2866 725	4503 895	2889 470	1782 074	1367 159	1044 076	753 597
(3)	TOTAL MARINE
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	5823 576	4528 465	4453 429	3400 707	2831 234	2878 875	1742 111
	Less: Reinsurance ceded	577 426	661 238	336 495	773 942	364 630	850 260	216 343
	Net Claims Paid	5246 150	3867 227	4116 934	2626 765	2466 604	2028 615	1525 768
	Add : Claims Outstanding at the end of the year	8712 905	9309 566	6256 852	4986 625	4163 661	3442 546	2455 309
	Less: Claims Outstanding at the beginning of the year	9309 566	6289 657	4986 625	4163 661	3442 546	2455 309	2031 924
	Total Claims Incurred	4649 489	6887 136	5387 161	3449 729	3187 719	3015 852	1949 153
D	LIFE INSURANCE
	Claims Paid
	Direct	0	0	0	0	0	0	0
	Add : Reinsurance accepted	40 799	4 120	3 240	2 956	26 455	0	0
	Less: Reinsurance ceded	0	0	0	0	0	0	0
	Net Claims Paid	40 799	4 120	3 240	2 956	26 455	0	0
	Add : Claims Outstanding at the end of the year	84 062	56 600	21 435	6 943	2 782	24 443	0
	Less: Claims Outstanding at the beginning of the year	56 600	21 435	6 943	2 782	24 443	0	0
	Total Claims Incurred	68 261	39 285	17 732	7 117	4 794	24 443	0
E	TOTAL ALL CLASSES
	Claims Paid
	Direct	88 265	5 532	7 803	1 114	33 808	10 459	17 557
	Add : Reinsurance accepted	64317 818	57109 298	59941 560	45488 035	29886 254	30725 765	23493 037
	Less: Reinsurance ceded	3429 963	4694 002	3198 003	5550 577	6075 780	2144 918	1540 181
	Net Claims Paid	60976 120	52420 828	56751 360	39938 572	23844 282	28591 306	21970 413
	Add : Claims Outstanding at the end of the year	89141 577	81553 820	71607 353	68246 502	71957 964	50071 534	41634 812
	Less: Claims Outstanding at the beginning of the year	81553 820	71803 279	68243 763	71957 964	50071 534	41634 813	34651 664
	Total Claims Incurred	68563 877