FORM NO NL-23 - Reinsurance Risk Concentration
Insurer: GIC RE Date:  
GIC Marine & Energy Excess of Loss - 2010/11 (` in Lakhs) 5445
Reinsurance Risk Concentration  
   
S. No. Reinsurance Placements No. of Reinsurers Premium ceded to reinsurers Premium ceded to reinsurers/Total reinsurance premium ceded(%)
      Proportional Non-Proportional Facultative
             
1 No. of Reinsurers with rating of AAA and above 0   0    
2 No. of Reinsurers with rating  AA but less than AAA 2   1361   25.00
3 No. of Reinsurers with rating of A but less than AA 19   2423   44.50
4 No. of Reinsurers with rating BBB but less than A 19   1661   30.51
5 No. of Reinsurers with rating of less than BBB  0   0    
6 Total     5445   100.00
Note : Some government owned reinsurers are not rated by a recognised rating agency & have been included in Sr. No. 4 above
General insurance Corporation of India
FORM NO NL-23 Reinsurance Risk Concentration
Insurer:   Date:  
GIC Aviation Excess of Loss 2010-11 (` in Lakhs)

8873.75

Reinsurance Risk Concentration  
   
S. No. Reinsurance Placements No. of Reinsurers Premium ceded to reinsurers Premium ceded to reinsurers/Total reinsurance premium ceded(%)
      Proportional Non-Proportional Facultative
             
1 No. of Reinsurers with rating of AAA and above 0        
2 No. of Reinsurers with rating  AA but less than AAA 4   1,308.44    
3 No. of Reinsurers with rating of A but less than AA 20   6,154.78    
4 No. of Reinsurers with rating BBB but less than A 7   1,304.66    
5 No. of Reinsurers with rating of less than BBB  5   105.87    
6 Total 36   8,873.75    

FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date:  02.09.2010
USA CAT XL-06.07.2010 TO 05.07.2011 (Rs. In Lakhs) 2106.67
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional  Non-Proportional INR in Lakhs Facultative
1 No. of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA - -   - -
3 No. of Reinsurer's with  rating of A but less than AA 5 - 2106.67 - 100%
4 No. of Reinsurers with rating BBB but less than A - -   - -
5 No. of Reinsurer's of rating less than BBB - -   - -
6 Total 5 - 2106.67 - 100%
     
  Note: 1 US$ = 46.8148 INR  
  US$ INR
  2,100,000 98,311,080

FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date:  02.09.2010
JAPAN CAT XL-19.7.2010 to 18.07.2011 (Rs. In Lakhs) 468.14
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional  Non-Proportional INR in Lakhs Facultative
1 No. of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA - -   - -
3 No. of Reinsurer's with  rating of A but less than AA 2 - 468.14 - 100%
4 No. of Reinsurers with rating BBB but less than A - -   - -
5 No. of Reinsurer's of rating less than BBB - -   - -
6 Total 2 - 468.14 - 100%

  Note: 1 US$ = 46.8148 INR 
 
  US$ INR
  1,000,000 46,814,800

FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date:  16.09.2010
N-M Foreign Cat XL 2010-11 (Rs. In Lakhs) 15273.08
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional  Non-Proportional INR in Lakhs Facultative
1 No. of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA 1 - 111.04 - 0.73%
3 No. of Reinsurer's with  rating of A but less than AA 18 - 11137.82 - 72.92%
4 No. of Reinsurers with rating BBB but less than A 8 -        1,021.46 - 6.69%
5 No. of Reinsurer's of rating less than BBB 5 - 702.21 - 4.60%
6 Govt Companies 10   2300.55   15.06%
7 Total 42 - 15273.08 - 100%

FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date:  16.09.2010
Domestic Risk & Cat Xl Covers 2010-11 (Rs. In Lakhs) 25729.42
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional  Non-Proportional INR in Lakhs Facultative
1 No. of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA 3 - 626.69   2.44%
3 No.of Reinsurer's with  rating of A but less than AA 39 - 19591.9 - 76.15%
4 No.of Reinsurers with rating BBB but less than A 22 -        3,881.21 - 15.08%
5 No. of Reinsurer's of rating less than BBB* 6 - 667.95 - 2.60%
6 Govt Companies 4   541.84   2.11%
7 Pools 2   419.83   1.63%
8 Other Domestic Cos          
6 Total 76 - 25729.42 - 100%
* GIC Re has strong and longstanding relationship with these companies
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India    
Domestic Risk & Cat Xl Covers 2007-08 (Rs. In Lakhs)  
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional  Non-Proportional INR in Lakhs Facultative
1 No. of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA 1 - 292.87   5.38%
3 No. of Reinsurer's with  rating of A but less than AA 7 - 956.16 9.92 17.74%
4 No. of Reinsurers with rating BBB but less than A 0 -   -  
5 No. of Reinsurer's of rating less than BBB* 0 -   -  
6 Govt Companies 0        
7 Pools 0        
8 Other Domestic Cos          
6 Total 8 - 1249.03 9.92 23%

FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India    
Domestic Risk & Cat Xl Covers 2008-09 (Rs. In Lakhs)  
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional  Non-Proportional INR in Lakhs Facultative
1 No.of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA 1 - 376.50 45.37 32.24%
3 No.of Reinsurer's with  rating of A but less than AA 7 - 195.63   14.95%
4 No. of Reinsurers with rating BBB but less than A 0 -                  -   -    
5 No. of Reinsurer's of rating less than BBB* 0 -    
6 Govt Companies 1   55.34   4.23%
7 Pools 0        
8 Other Domestic Cos          
6 Total 9 - 627.47 45.37 51.42%

FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India    
Domestic Risk & Cat Xl Covers 2009-10 (Rs. In Lakhs)  
Reinsurance Risk Concentration  
S.No Reinsurance Placement No Of Reinsurers Premium Ceded to Reinsurers Premium Ceded to Reinsurers/Total Reinsurance Premium Ceded (%)
    Proportional Non-Proportional INR in Lakhs Facultative
1 No.of Reinsurer's of rating of AAA and above - -   - -
2 No. of Reinsurer's with  rating of AA but less than AAA 1 - 59.56 8.77 #VALUE!
3 No.of Reinsurer's with  rating of A but less than AA 10 - 712.60 3.57 #VALUE!
4 No. of Reinsurers with rating BBB but less than A 4 - 128.02 - #VALUE!
5 No. of Reinsurer's of rating less than BBB* 0 -    -   
6 Govt Companies 1   52.59   #VALUE!
7 Pools 0        
8 Other Domestic Cos 0        
9 Total 16 - 952.77 12.34 #VALUE!