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