FORM NL-26 - CLAIMS INFORMATION - KG Table I
Insurer : General Insurance Corporation of India
Solvency for the period ended 30th June 2012
Required solvency margin based on net premium and net incurred claims . . (Rs in Lacs)
Item No. Description PREMIUM  CLAIM RSM-1 RSM-2 RSM
Gross  Premium Net  Premium Gross incurred claim Net incurred Claim
1 Fire 4249 59.58 3615 46.23 3466 37.34 3205 90.66 723 09.25 961 77.20 961 77.20
2 Marine Cargo 552 23.44 531 98.16 362 82.48 362 27.14 106 39.63 108 68.14 108 68.14
3 Marine Hull 740 47.75 613 34.63 926 97.18 791 81.33 122 66.93 237 54.40 237 54.40
4 Motor 3325 90.77 3325 90.77 4018 13.04 4018 13.04 665 18.15 1205 43.91 1205 43.91
5 Engineering 870 65.97 745 83.53 580 93.67 558 42.55 149 16.71 167 52.76 167 52.76
6 Aviation 544 29.81 460 37.27 486 97.80 402 10.51 97 97.37 131 48.41 131 48.41
7 Liabilities                  -                    -                    -                    -                    -                    -                    -  
8 Others 3962 91.43 3867 23.55 3057 05.12 2971 92.66 773 44.71 910 31.80 910 31.80
9 Health                   -                    -                    -                    -                    -                    -                    -  
10 Life 64 45.18 59 06.58 66 57.86 63 10.29 11 81.32 18 93.09 18 93.09
  Total 14310 53.93 13219 20.72 12965 84.49 12373 68.18 2649 74.07 3741 69.71 3741 69.71
- RSM1 premium has been calculated based on 12 month figure  i.e. from 01.07.11 to 30.06.12 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 01.04.12 to 30.06.12 has been multiplied by 4 for arriving at annual figure.
Solvency for the period ended 30th June 2011
Required solvency margin based on net premium and net incurred claims . . (Rs in Lacs)
Item No. Description PREMIUM  CLAIM RSM-1 RSM-2 RSM*
Gross  Premium Net  Premium Gross incurred claim Net incurred Claim
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 14.07 10859 85.30 8871 71.27 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 01.07.10 to 30.06.11 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.
. 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 . .