FORM NL-5 - CLAIMS SCHEDULE
CLAIMS INCURRED [NET]
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 - - - -
- 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 3864 439 8868 620 3019 003 8738 884
- Less :Re-insurance Ceded to claims paid 222 382 530 757 200 314 1263 374
- Net Claims Paid 3642 057 8337 863 2818 689 7475 510
- Add : Claims Outstanding at the end of the year 1272 762 33042 475 1397 842 27265 012
- Less: Claims Outstanding at the beginning of the year  0 26969 610  0 22849 850
- Total Claims Incurred 4914 819 14410 728 4216 531 11890 672
 
B MISCELLANEOUS INSURANCE        
(1) MOTOR        
- 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 4509 971 12549 201 4417 826 14145 870
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 4509 971 12549 201 4417 826 14145 870
- Add : Claims Outstanding at the end of the year 197 165 33976 076 -2338 483 29586 843
- Less: Claims Outstanding at the beginning of the year  0 31733 678  0 30597 952
- Total Claims Incurred 4707 136 14791 599 2079 343 13134 761
(2) AVIATION        
- Claims paid - - - -
- Direct claims  332 7 829 2 829 2 988
- 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 904 990 3142 570 917 799 3239 389
- Less :Re-insurance Ceded to claims paid 186 015 238 306 497 288 625 487
- Net Claims Paid 719 307 2912 093 423 340 2616 890
- Add : Claims Outstanding at the end of the year 253 269 5473 131 -440 761 5221 584
- Less: Claims Outstanding at the beginning of the year  0 5077 679  0 5760 611
- Total Claims Incurred 972 576 3307 545 -17 421 2077 863
(3) ENGINEERING        
- 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 577 654 1683 376 678 255 1725 905
- Less :Re-insurance Ceded to claims paid 19 397 103 960 -21 411 129 580
- Net Claims Paid 558 257 1579 416 699 666 1596 325
- Add : Claims Outstanding at the end of the year 407 878 7072 283 18 878 6123 450
- Less: Claims Outstanding at the beginning of the year  0 6270 387  0 5647 953
- Total Claims Incurred 966 135 2381 312 718 544 2071 822
(4) WC        
- 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 9 509 34 796 9 095 49 881
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 9 509 34 796 9 095 49 881
- Add : Claims Outstanding at the end of the year -61 431 36 489 22 883 27 804
- Less: Claims Outstanding at the beginning of the year  0 50 960  0 26 026
- Total Claims Incurred -51 922 20 325 31 978 51 659
(5) Liability        
- 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 92 552 166 473 86 836 139 662
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 92 552 166 473 86 836 139 662
- Add : Claims Outstanding at the end of the year -84 433 643 429 77 091 835 340
- Less: Claims Outstanding at the beginning of the year  0 847 295  0 422 978
- Total Claims Incurred 8 119 -37 393 163 927 552 024
(6) PA        
- 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 670 023 1202 031 195 722 645 045
- Less :Re-insurance Ceded to claims paid  248  248 2 707 2 707
- Net Claims Paid 669 775 1201 783 193 015 642 338
- Add : Claims Outstanding at the end of the year -21 381 581 606 -69 314 446 263
- Less: Claims Outstanding at the beginning of the year  0 575 808  0 364 462
- Total Claims Incurred 648 394 1207 581 123 701 724 139
(7) Health        
- 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 3621 345 9944 809 1671 382 5334 614
- Less :Re-insurance Ceded to claims paid  7  7  348  348
- Net Claims Paid 3621 338 9944 802 1671 034 5334 266
- Add : Claims Outstanding at the end of the year 41 189 1334 888 49 045 816 083
- Less: Claims Outstanding at the beginning of the year  0 1858 525  0 508 025
- Total Claims Incurred 3662 527 9421 165 1720 079 5642 324
(8) Oth. Misc.        
- 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 -50 754 1938 452 1665 694 5924 109
- Less :Re-insurance Ceded to claims paid 2 280 27 335 96 726 203 250
- Net Claims Paid -53 034 1911 117 1568 968 5720 859
- Add : Claims Outstanding at the end of the year -348 347 5792 000 454 473 5520 256
- Less: Claims Outstanding at the beginning of the year  0 5314 695  0 5357 199
- Total Claims Incurred -401 381 2388 422 2023 441 5883 916
(9) FL/Credit        
- 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 322 744 624 746 236 267 639 227
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 322 744 624 746 236 267 639 227
- Add : Claims Outstanding at the end of the year 70 990 3006 306 544 523 1247 948
- Less: Claims Outstanding at the beginning of the year  0 1645 970  0 652 599
- Total Claims Incurred 393 734 1985 082 780 790 1234 576
TOTAL  MISCELLANEOUS        
- Claims paid - - - -
- Direct claims  332 7 829 2 830 2 988
- 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 10658 034 31286 454 9878 876 31843 702
- Less :Re-insurance Ceded to claims paid 207 947 369 856 575 659 961 372
- Net Claims Paid 10450 419 30924 427 9306 047 30885 318
- Add : Claims Outstanding at the end of the year 454 899 57916 208 -1681 665 49825 571
- Less: Claims Outstanding at the beginning of the year  0 53374 997  0 49337 805
- Total Claims Incurred 10905 318 35465 638 7624 382 31373 084
 
C MARINE INSURANCE        
(1) MARINE CARGO        
- 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 501 120 1262 185 345 120 1447 181
- Less :Re-insurance Ceded to claims paid 16 283 117 660  854 23 439
- Net Claims Paid 484 837 1144 525 344 266 1423 742
- Add : Claims Outstanding at the end of the year 647 599 3639 408 437 956 3746 639
- Less: Claims Outstanding at the beginning of the year  0 2686 226  1 3014 795
- Total Claims Incurred 1132 436 2097 707 782 221 2155 586
(2) MARINE HULL        
- 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 835 554 592 601 889 605 2574 851
- Less :Re-insurance Ceded to claims paid 137 548 1325 482 142 103 303 836
- Net Claims Paid 698 006 2267 119 747 502 2271 015
- Add : Claims Outstanding at the end of the year 7 019 6764 420 -146 289 6390 472
- Less: Claims Outstanding at the beginning of the year  0 6026 679  0 6294 772
- Total Claims Incurred 705 025 3004 860 601 213 2366 715
TOTAL MARINE         
- 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 1336 674 4854 786 1234 725 4022 032
- Less :Re-insurance Ceded to claims paid 153 831 1443 142 142 957 327 275
- Net Claims Paid 1182 843 3411 644 1091 768 3694 757
- Add : Claims Outstanding at the end of the year 654 618 10403 828 291 667 10137 111
- Less: Claims Outstanding at the beginning of the year  0 8712 905  1 9309 566
- Total Claims Incurred 1837 461 5102 567 1383 434 4522 302
 
D LIFE INSURANCE        
- 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 26 999 58 850 8 085 28 350
- Less :Re-insurance Ceded to claims paid  0  0  0  0
- Net Claims Paid 26 999 58 850 8 085 28 350
- Add : Claims Outstanding at the end of the year -1 597 92 876 - 771 81 627
- Less: Claims Outstanding at the beginning of the year  0 84 062  0 56 600
- Total Claims Incurred 25 402 67 664 7 314 53 377
 
E TOTAL ALL CLASSES        
- Claims paid - - - -
- Direct claims  332 7 829 2 830 2 988
- 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 15886 146 45068 710 14140 688 44632 968
- Less :Re-insurance Ceded to claims paid 584 160 2343 755 918 930 2552 021
- Net Claims Paid 15302 318 42732 784 13224 588 42083 935
- Add : Claims Outstanding at the end of the year 2380 682 101455 387 7 073 87309 321
- Less: Claims Outstanding at the beginning of the year  0 89141 574  1 81553 820
- Total Claims Incurred 17683 000 55046 597 13231 660 47839 436