| FORM NL-5 - CLAIMS SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer:GENERAL INSURANCE CORPORATION OF INDIA | |||
| CLAIMS INCURRED [NET] | - | - | |
| FOR THE PERIOD ENDED 31.03.2012 | - | - | |
| - | - | - | |
| - | PARTICULARS | TWELVE MONTH ENDING 31.03.2012 | TWELVE MONTH ENDING 31.03.2011 |
| - | - | (Rs. '000) | (Rs. '000) |
| A | FIRE INSURANCE | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 23970 278 | 16451 318 |
| - | Less :Re-insurance Ceded to claims paid | 1968 193 | 1787 923 |
| - | Net Claims Paid | 22002 085 | 14663 395 |
| - | Add : Claims Outstanding at the end of the year | 64612 978 | 34311 102 |
| - | Less: Claims Outstanding at the beginning of the year | 34311 102 | 26969 610 |
| - | Total Claims Incurred | 52303 961 | 22004 887 |
| - | - | - | |
| B | MISCELLANEOUS INSURANCE | - | - |
| (1) | MOTOR | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 22914 760 | 19500 511 |
| - | Less :Re-insurance Ceded to claims paid | 0 | 0 |
| - | Net Claims Paid | 22914 760 | 19500 511 |
| - | Add : Claims Outstanding at the end of the year | 48480 865 | 40251 415 |
| - | Less: Claims Outstanding at the beginning of the year | 40251 415 | 31733 679 |
| - | Total Claims Incurred | 31144 210 | 28018 247 |
| - | - | - | |
| - | - | - | |
| (2) | AVIATION | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 3 332 | 8 705 |
| - | 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 | 4196 542 | 4086 965 |
| - | Less :Re-insurance Ceded to claims paid | 642 016 | 371 679 |
| - | Net Claims Paid | 3557 858 | 3723 991 |
| - | Add : Claims Outstanding at the end of the year | 6971 867 | 5305 467 |
| - | Less: Claims Outstanding at the beginning of the year | 5305 467 | 5077 680 |
| - | Total Claims Incurred | 5224 258 | 3951 778 |
| - | - | - | |
| - | - | - | |
| (3) | ENGINEERING | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 2804 199 | 3065 721 |
| - | Less :Re-insurance Ceded to claims paid | 167 199 | 185 236 |
| - | Net Claims Paid | 2637 000 | 2880 485 |
| - | Add : Claims Outstanding at the end of the year | 9071 131 | 6620 777 |
| - | Less: Claims Outstanding at the beginning of the year | 6620 777 | 6270 387 |
| - | Total Claims Incurred | 5087 354 | 3230 875 |
| - | - | - | |
| - | - | - | |
| (4) | WC | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 71 593 | 40 645 |
| - | Less :Re-insurance Ceded to claims paid | 0 | 0 |
| - | Net Claims Paid | 71 593 | 40 645 |
| - | Add : Claims Outstanding at the end of the year | 210 407 | 100 365 |
| - | Less: Claims Outstanding at the beginning of the year | 100 365 | 50 961 |
| - | Total Claims Incurred | 181 635 | 90 049 |
| - | - | - | - |
| - | - | - | - |
| (5) | Liability | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 504 122 | 245 771 |
| - | Less :Re-insurance Ceded to claims paid | 0 | 0 |
| - | Net Claims Paid | 504 122 | 245 771 |
| - | Add : Claims Outstanding at the end of the year | 974 245 | 636 110 |
| - | Less: Claims Outstanding at the beginning of the year | 636 110 | 847 295 |
| - | Total Claims Incurred | 842 257 | 34 586 |
| - | - | - | - |
| - | - | - | - |
| (6) | PA | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 2476 668 | 1621 560 |
| - | Less :Re-insurance Ceded to claims paid | 0 | 1 819 |
| - | Net Claims Paid | 2476 668 | 1619 741 |
| - | Add : Claims Outstanding at the end of the year | 514 464 | 651 469 |
| - | Less: Claims Outstanding at the beginning of the year | 651 469 | 575 808 |
| - | Total Claims Incurred | 2339 663 | 1695 402 |
| - | - | - | - |
| - | - | - | - |
| (7) | Health | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 14260 254 | 13468 800 |
| - | Less :Re-insurance Ceded to claims paid | 7 | 7 |
| - | Net Claims Paid | 14260 247 | 13468 793 |
| - | Add : Claims Outstanding at the end of the year | 6133 249 | 1968 987 |
| - | Less: Claims Outstanding at the beginning of the year | 1968 987 | 1858 525 |
| - | Total Claims Incurred | 18424 509 | 13579 255 |
| - | - | - | - |
| - | - | - | - |
| (8) | Oth. Misc. | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 5026 757 | 3915 383 |
| - | Less :Re-insurance Ceded to claims paid | 14 496 | 36 892 |
| - | Net Claims Paid | 5012 261 | 3878 491 |
| - | Add : Claims Outstanding at the end of the year | 12546 077 | 6537 537 |
| - | Less: Claims Outstanding at the beginning of the year | 6537 537 | 5314 695 |
| - | Total Claims Incurred | 11020 801 | 5101 333 |
| - | - | - | - |
| - | - | - | - |
| (9) | FL/Credit | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 763 274 | 1711 027 |
| - | Less :Re-insurance Ceded to claims paid | 0 | 0 |
| - | Net Claims Paid | 763 274 | 1711 027 |
| - | Add : Claims Outstanding at the end of the year | 2583 139 | 2869 514 |
| - | Less: Claims Outstanding at the beginning of the year | 2869 514 | 1645 970 |
| - | Total Claims Incurred | 476 899 | 2934 571 |
| - | - | - | - |
| - | - | - | - |
| - | TOTAL MISCELLANEOUS | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 3 332 | 8 705 |
| - | 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 | 53018 169 | 47656 383 |
| - | Less :Re-insurance Ceded to claims paid | 823 718 | 595 633 |
| - | Net Claims Paid | 52197 783 | 47069 455 |
| - | Add : Claims Outstanding at the end of the year | 87485 444 | 64941 641 |
| - | Less: Claims Outstanding at the beginning of the year | 64941 641 | 53375 000 |
| - | Total Claims Incurred | 74741 586 | 58636 096 |
| - | - | - | - |
| - | - | - | - |
| C | MARINE INSURANCE | - | - |
| (1) | MARINE CARGO | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 2939 318 | 2080 923 |
| - | Less :Re-insurance Ceded to claims paid | 4 540 | 123 189 |
| - | Net Claims Paid | 2934 778 | 1957 734 |
| - | Add : Claims Outstanding at the end of the year | 4999 539 | 4006 594 |
| - | Less: Claims Outstanding at the beginning of the year | 4006 594 | 2686 226 |
| - | Total Claims Incurred | 3927 723 | 3278 102 |
| - | -- | - | - |
| - | - | - | - |
| (2) | MARINE HULL | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 4697 624 | 4786 246 |
| - | Less :Re-insurance Ceded to claims paid | 561 191 | 1481 762 |
| - | Net Claims Paid | 4136 433 | 3304 484 |
| - | Add : Claims Outstanding at the end of the year | 9460 899 | 4881 945 |
| - | Less: Claims Outstanding at the beginning of the year | 4881 945 | 6026 679 |
| - | Total Claims Incurred | 8715 387 | 2159 750 |
| - | - | - | - |
| - | - | - | - |
| - | TOTAL MARINE | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 7636 942 | 6867 169 |
| - | Less :Re-insurance Ceded to claims paid | 565 731 | 1604 951 |
| - | Net Claims Paid | 7071 211 | 5262 218 |
| - | Add : Claims Outstanding at the end of the year | 14460 438 | 8888 539 |
| - | Less: Claims Outstanding at the beginning of the year | 8888 539 | 8712 905 |
| - | Total Claims Incurred | 12643 110 | 5437 852 |
| - | - | - | - |
| - | - | - | - |
| D | LIFE INSURANCE | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 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 | 224 187 | 105 393 |
| - | Less :Re-insurance Ceded to claims paid | 1 447 | 862 |
| - | Net Claims Paid | 222 740 | 104 531 |
| - | Add : Claims Outstanding at the end of the year | 111 158 | 158 475 |
| - | Less: Claims Outstanding at the beginning of the year | 158 475 | 84 062 |
| - | Total Claims Incurred | 175 423 | 178 944 |
| - | - | - | - |
| - | - | - | - |
| E | TOTAL ALL CLASSES | - | - |
| - | Claims paid | - | - |
| - | Direct claims | 3 332 | 8 705 |
| - | 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 | 84849 576 | 71080 263 |
| - | Less :Re-insurance Ceded to claims paid | 3359 089 | 3989 369 |
| - | Net Claims Paid | 81493 819 | 67099 599 |
| - | Add : Claims Outstanding at the end of the year | 166670 018 | 108299 757 |
| - | Less: Claims Outstanding at the beginning of the year | 108299 757 | 89141 577 |
| - | Total Claims Incurred | 139864 080 | 86257 779 |