FORM NL-26 - CLAIMS INFORMATION - KG Table I - - - - - -
Insurer : General Insurance Corporation of India - - - - - -
Solvency for the quarter ended 30th June. 2011 - -
Required solvency margin based on net premium and net incurred claims - - (` in Lacs) - -
Item No. Description PREMIUM  CLAIM RSM-1 RSM-2 RSM - -
Gross  Premium Net  Premium Gross incurred claim Net incurred Claim -
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1 Fire 3445 38.05 2858 56.40 3078 63.43 3025 30.13 571 71.28 907 59.04 907 59.04 - -
2 Marine Cargo 437 08.91 412 17.77 302 84.33 303 15.14 82 43.55 90 94.54 90 94.54 - -
3 Marine Hull 703 01.12 580 85.00 443 28.68 336 65.31 116 17.00 100 99.59 116 17.00 - -
4 Motor 2440 58.90 2440 58.90 2259 82.24 2259 82.24 488 11.78 677 94.67 677 94.67 - -
5 Engineering 813 70.55 718 09.35 357 36.84 303 83.95 143 61.87 91 15.19 143 61.87 - -
6 Aviation 728 46.49 498 26.68 487 13.37 510 25.07 99 65.34 153 07.52 153 07.52 - -
7 Liabilities - - - - - - - - -
8 Others 3378 37.70 3316 94.95 1933 04.54 1922 21.05 663 38.99 576 66.32 663 38.99 - -
9 Health  - - - - - - - - -
10 Life 34 52.35 34 36.25 9 57.84 9 54.97 6 87.25 2 86.49 6 87.25 - -
- Total 11981 14.08 10859 85.30 8871 71.28 8670 77.86 2171 97.06 2601 23.36 2759 60.88 - -
RSM1 premium has been calculated based on 12 month figure  i.e. from 01.07.2010 to 30.06.2011 on rolling basis complying with circular no.  IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010.
- RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 and the same for the period 01.04.11 to 30.06.11 has been multiplied by 4  for arriving at annual figure.
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Solvency for the quarter ended 30th June. 2010 - -
Required solvency margin based on net premium and net incurred claims - - (` in Lacs) - -
Item No. Description PREMIUM  CLAIM RSM-1 RSM-2 RSM - -
Gross  Premium Net  Premium Gross incurred claim Net incurred Claim - -
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1 Fire 3330 28.36 2753 84.53 1761 98.83 1649 67.42 550 76.91 494 90.23 550 76.91 - -
2 Marine Cargo 344 46.33 309 97.25 309 27.95 268 57.06 61 99.45 80 57.12 80 57.12 - -
3 Marine Hull 578 76.14 510 70.94 914 39.69 366 76.69 102 14.19 110 03.01 110 03.01 - -
4 Motor 2031 61.15 2031 60.77 1906 80.92 1906 80.92 406 32.15 572 04.28 572 04.28 - -
5 Engineering 760 75.37 643 14.47 365 83.20 302 31.17 128 62.89 90 69.35 128 62.89 - -
6 Aviation 635 58.94 506 37.55 655 64.20 468 80.11 101 27.51 140 64.03 140 64.03 - -
7 Liabilities                  -   0 0                  -                    -                    -                    -   - -
8 Others 2416 10.87 2340 25.97 1716 63.69 1715 04.91 468 05.19 514 51.47 514 51.47 - -
9 Health                   -                    -                    -                    -                    -                    -                    -   - -
10 Life 13 25.46 13 25.46 4 17.60 4 17.60 2 65.09 1 25.28 2 65.09 - -
- Total 10110 82.62 9109 16.94 7634 76.07 6682 15.88 1821 83.39 2004 64.76 2099 84.80 - -
- RSM1 premium has been calculated based on 12 month figure  i.e. from 01.07.09 to 30.06.10 on rolling basis complying with circular no.  IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. - -
- RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 and the same for the period 01.04.10 to 30.06.10 has been multiplied by 4 for arriving at annual figure. - -
- Note:
- 1. Claim and Premium is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous.  - -
- 2. Claim and Premium for Life Insurance has been separately disclosed under item 10