FORM NL-4-PREMIUM SCHEDULE - -
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
PREMIUM EARNED [NET] - -
FOR THE QUARTER ENDED 30.06.2011 - -
- - - -
- Particulars FOR THE QUARTER 30.06.2011 FOR THE PREVIOUS QUARTER 30.06.2010
- - (Rs '000) (Rs '000)
A FIRE INSURANCE - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 9070 286 9290 654
Less : Premium on reinsurance ceded 1108 920 1537 393
- - -
Net Premium 7961 366 7753 261
- - -
Adjustment for change in reserve for unexpired risks 213 955 -243 623
- Premium Earned (Net) 8175 321 7509 638
B MISCELLANEOUS INSURANCE - -
(1) MOTOR - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 6452 512 4903 474
Less : Premium on reinsurance ceded  0  0
- - -
Net Premium 6452 512 4903 474
- - -
Adjustment for change in reserve for unexpired risks -777 923 -407 476
- Premium Earned (Net) 5674 589 4495 998
(2) AVIATION - -
- Premium from direct business written  0 2 552
Add: Premium on reinsurance accepted 1218 965 1471 840
Less : Premium on reinsurance ceded 194 042 -51 016
- - -
Net Premium 1024 923 1525 408
- - -
Adjustment for change in reserve for unexpired risks 402 404 -87 491
- Premium Earned (Net) 1427 327 1437 917
(3) ENGINEERING - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 1833 942 1728 317
Less : Premium on reinsurance ceded 198 085 211 329
- - -
Net Premium 1635 857 1516 988
- - -
Adjustment for change in reserve for unexpired risks -56 010 -94 700
- Premium Earned (Net) 1579 847 1422 288
(4) W.C. - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 120 332 34 389
Less : Premium on reinsurance ceded  0  0
- - -
Net Premium 120 332 34 389
- - -
Adjustment for change in reserve for unexpired risks -42 982 4 187
- Premium Earned (Net) 77 350 38 576
(5) Liability - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 587 029 365 626
Less : Premium on reinsurance ceded  927 69 881
- - -
Net Premium 586 102 295 745
- - -
Adjustment for change in reserve for unexpired risks -144 863 38 782
- Premium Earned (Net) 441 239 334 527
(6) PA - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 693 267 393 928
Less : Premium on reinsurance ceded 2 623  0
- - -
Net Premium 690 644 393 928
- - -
Adjustment for change in reserve for unexpired risks -148 387 -82 986
- Premium Earned (Net) 542 257 310 942
(7) Health - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 3684 996 2980 866
Less : Premium on reinsurance ceded  0  0
- - -
Net Premium 3684 996 2980 866
- - -
Adjustment for change in reserve for unexpired risks -351 222 -468 896
- Premium Earned (Net) 3333 774 2511 970
(8) Oth. Misc. - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 1108 237 2015 807
Less : Premium on reinsurance ceded 132 231 235 603
- - -
Net Premium 976 006 1780 204
- - -
Adjustment for change in reserve for unexpired risks 401 767 -9 613
- Premium Earned (Net) 1377 773 1770 591
(9) FL/Credit - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 979 249 120 139
Less : Premium on reinsurance ceded  0  0
- - -
Net Premium 979 249 120 139
- - -
Adjustment for change in reserve for unexpired risks -429 555 -23 490
- Premium Earned (Net) 549 694 96 649
TOTAL  MISCELLANEOUS - -
- Premium from direct business written  0 2 552
Add: Premium on reinsurance accepted 16678 529 14014 386
Less : Premium on reinsurance ceded 527 908 465 797
- - -
Net Premium 16150 621 13551 141
- - -
Adjustment for change in reserve for unexpired risks -1146 771 -1131 683
- Premium Earned (Net) 15003 850 12419 458
C MARINE INSURANCE - -
(1) MARINE CARGO - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 1101 524 946 022
Less : Premium on reinsurance ceded 42 799 87 293
- - -
Net Premium 1058 725 858 729
- - -
Adjustment for change in reserve for unexpired risks -203 968 -16 784
- Premium Earned (Net) 854 757 841 945
(2) MARINE HULL - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 1989 417 1587 587
Less : Premium on reinsurance ceded 149 063 212 304
- - -
Net Premium 1840 354 1375 283
- - -
Adjustment for change in reserve for unexpired risks -486 687 -592 380
- Premium Earned (Net) 1353 667 782 903
- TOTAL MARINE  - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 3090 941 2533 609
Less : Premium on reinsurance ceded 191 862 299 597
- - -
Net Premium 2899 079 2234 012
- - -
Adjustment for change in reserve for unexpired risks -690 655 -609 164
- Premium Earned (Net) 2208 424 1624 848
D LIFE INSURANCE - -
- Premium from direct business written  0  0
Add: Premium on reinsurance accepted 26 443 26 299
Less : Premium on reinsurance ceded  0  0
- - -
Net Premium 26 443 26 299
- - -
Adjustment for change in reserve for unexpired risks - 72 3 853
- Premium Earned (Net) 26 371 30 152
E TOTAL ALL CLASSES - -
- Premium from direct business written  0 2 552
Add: Premium on reinsurance accepted 28866 199 25864 948
Less : Premium on reinsurance ceded 1828 690 2302 787
- - -
Net Premium 27037 509 23564 713
- - -
Adjustment for change in reserve for unexpired risks -1623 543 -1980 617
- Premium Earned (Net) 25413 966 21584 096