FORM NL-5 - CLAIMS SCHEDULE - -
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
CLAIMS INCURRED [NET] - -
FOR THE QUARTER ENDED 30.06.2011 - -
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- Particulars FOR THE QUARTER 30.06.2011 FOR THE PREVIOUS QUARTER 30.06.2010
- - (Rs '000) (Rs '000)
A FIRE INSURANCE - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 3824 076 1513 334
- Less :Re-insurance Ceded to claims paid 38 159 53 983
- Net Claims Paid 3785 917 1459 351
- Add : Claims Outstanding at the end of the year 38088 439 29239 495
- Less: Claims Outstanding at the beginning of the year 34311 102 26969 610
- Total Claims Incurred 7563 254 3729 236
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B MISCELLANEOUS INSURANCE - -
(1) MOTOR - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 4711 861 2585 315
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 4711 861 2585 315
- Add : Claims Outstanding at the end of the year 41189 111 33915 387
- Less: Claims Outstanding at the beginning of the year 40251 415 31733 678
- Total Claims Incurred 5649 557 4767 024
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(2) AVIATION - -
- Claims paid - -
- Direct claims  0 3 870
- Add---:Re-insurance accepted to direct claims 456 537 1333 204
- Less :Re-insurance Ceded to claims paid 8 190 -103 249
- Net Claims Paid 448 347 1440 323
- Add : Claims Outstanding at the end of the year 6132 748 4809 359
- Less: Claims Outstanding at the beginning of the year 5305 467 5077 679
- Total Claims Incurred 1275 628 1172 003
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(3) ENGINEERING - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 436 573 504 886
- Less :Re-insurance Ceded to claims paid -2 511 37 676
- Net Claims Paid 439 084 467 210
- Add : Claims Outstanding at the end of the year 6878 341 6291 534
- Less: Claims Outstanding at the beginning of the year 6620 777 6270 387
- Total Claims Incurred 696 648 488 357
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(4) WC - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 28 235 2 616
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 28 235 2 616
- Add : Claims Outstanding at the end of the year 112 488 73 588
- Less: Claims Outstanding at the beginning of the year 100 365 50 960
- Total Claims Incurred 40 358 25 244
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(5) Liability - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 27 999 31 525
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 27 999 31 525
- Add : Claims Outstanding at the end of the year 557 206 978 703
- Less: Claims Outstanding at the beginning of the year 636 110 847 295
- Total Claims Incurred -50 905 162 933
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(6) PA - --
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 391 588 175 797
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 391 588 175 797
- Add : Claims Outstanding at the end of the year 550 637 801 291
- Less: Claims Outstanding at the beginning of the year 651 469 575 808
- Total Claims Incurred 290 756 401 280
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(7) Health - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 3029 849 3151 681
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 3029 849 3151 681
- Add : Claims Outstanding at the end of the year 1870 828 1753 828
- Less: Claims Outstanding at the beginning of the year 1968 987 1858 525
- Total Claims Incurred 2931 690 3046 984
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(8) Oth. Misc. - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 1160 348 652 846
- Less :Re-insurance Ceded to claims paid - 113 7 696
- Net Claims Paid 1160 461 645 150
- Add : Claims Outstanding at the end of the year 5795 027 5241 858
- Less: Claims Outstanding at the beginning of the year 6537 537 5314 695
- Total Claims Incurred 417 951 572 313
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(9) FL/Credit - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 279 948 10 247
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 279 948 10 247
- Add : Claims Outstanding at the end of the year 3180 534 1714 592
- Less: Claims Outstanding at the beginning of the year 2869 514 1645 970
- Total Claims Incurred 590 968 78 869
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- TOTAL  MISCELLANEOUS - -
- Claims paid - -
- Direct claims  0 3 870
- Add---:Re-insurance accepted to direct claims 10522 938 8448 117
- Less :Re-insurance Ceded to claims paid 5 566 -57 877
- Net Claims Paid 10517 372 8509 864
- Add : Claims Outstanding at the end of the year 66266 920 55580 140
- Less: Claims Outstanding at the beginning of the year 64941 641 53374 997
- Total Claims Incurred 11842 651 10715 007
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C MARINE INSURANCE - -
(1) MARINE CARGO - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 500 224 296 497
- Less :Re-insurance Ceded to claims paid  0 100 697
- Net Claims Paid 500 224 195 800
- Add : Claims Outstanding at the end of the year 4264 249 3161 852
- Less: Claims Outstanding at the beginning of the year 4006 594 2686 226
- Total Claims Incurred 757 879 671 426
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(2) MARINE HULL - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 786 469 1012 631
- Less :Re-insurance Ceded to claims paid 116 565 154 661
- Net Claims Paid 669 904 857 970
- Add : Claims Outstanding at the end of the year 5053 674 6085 626
- Less: Claims Outstanding at the beginning of the year 4881 945 6026 679
- Total Claims Incurred 841 633 916 917
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- TOTAL MARINE  - -
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 1286 693 1309 128
- Less :Re-insurance Ceded to claims paid 116 565 255 358
- Net Claims Paid 1170 128 1053 770
- Add : Claims Outstanding at the end of the year 9317 923 9247 478
- Less: Claims Outstanding at the beginning of the year 8888 539 8712 905
- Total Claims Incurred 1599 512 1588 343
D LIFE INSURANCE
- Claims paid - -
- Direct claims  0  0
- Add---:Re-insurance accepted to direct claims 49 747 9 088
- Less :Re-insurance Ceded to claims paid  0  0
- Net Claims Paid 49 747 9 088
- Add : Claims Outstanding at the end of the year 51 096 84 170
- Less: Claims Outstanding at the beginning of the year 158 475 84 062
- Total Claims Incurred -57 632 9 196
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E TOTAL ALL CLASSES - -
- Claims paid - -
- Direct claims  0 3 870
- Add---:Re-insurance accepted to direct claims 15683 454 11279 667
- Less :Re-insurance Ceded to claims paid 160 290 251 464
- Net Claims Paid 15523 164 11032 073
- Add : Claims Outstanding at the end of the year 113724 378 94151 283
- Less: Claims Outstanding at the beginning of the year 108299 757 89141 574
- Total Claims Incurred 20947 785 16041 782