| FORM NL-4-PREMIUM SCHEDULE | |||||
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA--- | |||||
| PREMIUM EARNED [NET] | |||||
| FOR THE FOR THE PERIOD ENDED 31.12.2010 | |||||
| - | Particulars | FOR THE QUARTER | FOR THE IIIrd QTR 31.12.2010 | FOR THE QUARTER OF THE PRECEDING YEAR | FOR THE PREVIOUS IIIrd QTR 31.12.2009 |
| - | - | (Rs000) | (Rs000) | (Rs000) | (Rs000) |
| A | FIRE INSURANCE | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 6387 116 | 24030 170 | 8213 321 | 24293 579 | |
| Less : Premium on reinsurance ceded | 1924 141 | 4869 803 | 2013 089 | 4248 545 | |
| Net Premium | 4462 975 | 19160 367 | 6200 232 | 20045 034 | |
| Adjustment for change in reserve for unexpired risks | 1153 411 | 703 666 | -802 865 | -2405 941 | |
| - | Premium Earned (Net) | 5616 386 | 19864 033 | 5397 367 | 17639 093 |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| B | MISCELLANEOUS INSURANCE | - | - | - | - |
| (1) | MOTOR | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 5585 454 | 16159 703 | 4574 352 | 13325 229 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 5585 454 | 16159 703 | 4574 352 | 13325 229 | |
| Adjustment for change in reserve for unexpired risks | -507 596 | -1444 868 | -126 329 | 160 874 | |
| - | Premium Earned (Net) | 5077 858 | 14714 835 | 4448 023 | 13486 103 |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| (2) | AVIATION | - | - | - | - |
| - | Premium from direct business written | -2 552 | 0 | 0 | 2 552 |
| Add: Premium on reinsurance accepted | 1620 498 | 5375 049 | 1758 796 | 4733 333 | |
| Less : Premium on reinsurance ceded | 608 516 | 1099 689 | 438 405 | 1244 211 | |
| Net Premium | 1009 430 | 4275 360 | 1320 391 | 3491 674 | |
| Adjustment for change in reserve for unexpired risks | -165 393 | -506 561 | -363 871 | -80 743 | |
| - | Premium Earned (Net) | 844 037 | 3768 799 | 956 520 | 3410 931 |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| (3) | ENGINEERING | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 2068 250 | 5435 251 | 2079 748 | 5362 167 | |
| Less : Premium on reinsurance ceded | 525 797 | 791 901 | 354 415 | 894 515 | |
| Net Premium | 1542 453 | 4643 350 | 1725 333 | 4467 652 | |
| Adjustment for change in reserve for unexpired risks | 125 449 | -109 543 | -287 432 | -313 967 | |
| - | Premium Earned (Net) | 1667 902 | 4533 807 | 1437 901 | 4153 685 |
| - | - | - | - | - | - |
| - | - | - | - | - | - |
| (4) | W.C. | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 65 843 | 178 615 | 29 698 | 142 673 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 65 843 | 178 615 | 29 698 | 142 673 | |
| Adjustment for change in reserve for unexpired risks | -18 067 | -18 093 | -1 876 | 36 667 | |
| - | Premium Earned (Net) | 47 776 | 160 522 | 27 822 | 179 340 |
| (5) | Liability | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 325 991 | 1364 735 | 440 454 | 1101 641 | |
| Less : Premium on reinsurance ceded | 59 096 | 128 977 | 10 284 | 53 360 | |
| Net Premium | 266 895 | 1235 758 | 430 170 | 1048 281 | |
| Adjustment for change in reserve for unexpired risks | 80 562 | -94 488 | -89 185 | -214 622 | |
| - | Premium Earned (Net) | 347 457 | 1141 270 | 340 985 | 833 659 |
| (6) | PA | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 756 217 | 2371 531 | 403 329 | 960 465 | |
| Less : Premium on reinsurance ceded | 11 149 | 13 815 | 12 083 | 16 159 | |
| Net Premium | 745 068 | 2357 716 | 391 246 | 944 306 | |
| Adjustment for change in reserve for unexpired risks | -176 943 | -706 738 | -71 185 | 21 366 | |
| - | Premium Earned (Net) | 568 125 | 1650 978 | 320 061 | 965 672 |
| (7) | Health | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 4253 200 | 11400 857 | 2120 167 | 6967 626 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 24 | 24 | |
| Net Premium | 4253 200 | 11400 857 | 2120 143 | 6967 602 | |
| Adjustment for change in reserve for unexpired risks | -1080 742 | -2261 399 | -89 018 | -703 709 | |
| - | Premium Earned (Net) | 3172 458 | 9139 458 | 2031 125 | 6263 893 |
| (8) | Oth. Misc. | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 380 165 | 5584 779 | 2126 793 | 6362 341 | |
| Less : Premium on reinsurance ceded | 317 865 | 554 320 | 258 088 | 534 447 | |
| Net Premium | 62 300 | 5030 459 | 1868 705 | 5827 894 | |
| Adjustment for change in reserve for unexpired risks | 902 859 | 394 751 | 175 518 | -955 840 | |
| - | Premium Earned (Net) | 965 159 | 5425 210 | 2044 223 | 4872 054 |
| (9) | FL/Credit | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 350 270 | 969 631 | 369 720 | 1273 572 | |
| Less : Premium on reinsurance ceded | 0 | 0 | 0 | 0 | |
| Net Premium | 350 270 | 969 631 | 369 720 | 1273 572 | |
| Adjustment for change in reserve for unexpired risks | 9 724 | 151 970 | 88 674 | -66 342 | |
| - | Premium Earned (Net) | 359 994 | 1121 601 | 458 394 | 1207 230 |
| - | TOTAL MISCELLANEOUS | - | - | - | - |
| - | Premium from direct business written | -2 552 | 0 | 1 | 2 552 |
| Add: Premium on reinsurance accepted | 15405 888 | 48840 151 | 13903 055 | 40229 047 | |
| Less : Premium on reinsurance ceded | 1522 423 | 2588 702 | 1073 300 | 2742 716 | |
| Net Premium | 13880 913 | 46251 449 | 12829 756 | 37488 883 | |
| Adjustment for change in reserve for unexpired risks | -830 147 | -4594 969 | -764 703 | -2116 316 | |
| - | Premium Earned (Net) | 13050 766 | 41656 480 | 12065 053 | 35372 567 |
| C | MARINE INSURANCE | - | - | - | - |
| (1) | MARINE CARGO | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 1129 274 | 3108 713 | 579 649 | 2358 652 | |
| Less : Premium on reinsurance ceded | 87 464 | 239 237 | 92 553 | 233 296 | |
| Net Premium | 1041 810 | 2869 476 | 487 096 | 2125 356 | |
| Adjustment for change in reserve for unexpired risks | -557 856 | -768 457 | 85 611 | 279 035 | |
| - | Premium Earned (Net) | 483 954 | 2101 019 | 572 707 | 2404 391 |
| (2) | MARINE HULL | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 1810 912 | 5061 710 | 1148 890 | 3479 992 | |
| Less : Premium on reinsurance ceded | 400 788 | 1002 580 | 128 420 | 244 454 | |
| Net Premium | 1410 124 | 4059 130 | 1020 470 | 3235 538 | |
| Adjustment for change in reserve for unexpired risks | -395 298 | -884 603 | 63 388 | -846 780 | |
| - | Premium Earned (Net) | 1014 826 | 3174 527 | 1083 858 | 2388 758 |
| - | TOTAL MARINE | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 2940 186 | 8170 423 | 1728 539 | 5838 644 | |
| Less : Premium on reinsurance ceded | 488 252 | 1241 817 | 220 973 | 477 750 | |
| Net Premium | 2451 934 | 6928 606 | 1507 566 | 5360 894 | |
| Adjustment for change in reserve for unexpired risks | -953 154 | -1653 060 | 148 999 | -567 745 | |
| - | Premium Earned (Net) | 1498 780 | 5275 546 | 1656 565 | 4793 149 |
| D | LIFE INSURANCE | - | - | - | - |
| - | Premium from direct business written | 0 | 0 | 0 | 0 |
| Add: Premium on reinsurance accepted | 63 675 | 170 506 | 9 850 | 92 398 | |
| Less : Premium on reinsurance ceded | 100 | 100 | 0 | 0 | |
| Net Premium | 63 575 | 170 406 | 9 850 | 92 398 | |
| Adjustment for change in reserve for unexpired risks | -26 863 | -39 004 | 1 687 | -27 277 | |
| - | Premium Earned (Net) | 36 712 | 131 402 | 11 537 | 65 121 |
| E | TOTAL ALL CLASSES | - | - | - | - |
| - | Premium from direct business written | -2 552 | 0 | 1 | 2 552 |
| Add: Premium on reinsurance accepted | 24796 865 | 81211 250 | 23854 763 | 70453 668 | |
| Less : Premium on reinsurance ceded | 3934 916 | 8700 422 | 3307 362 | 7469 011 | |
| Net Premium | 20859 397 | 72510 828 | 20547 402 | 62987 209 | |
| Adjustment for change in reserve for unexpired risks | -656 753 | -5583 367 | -1416 882 | -5117 279 | |
| - | Premium Earned (Net) | 20202 644 | 66927 461 | 19130 520 | 57869 930 |