FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA 
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 30.06.2012
. . . . . (Rs '000) .
. PARTICULARS FOR THE QUARTER THREE MONTH ENDING 30.06.2012 FOR THE QUARTER OF THE PRECEDING YEAR THREE MONTH ENDING 30.06.2011 .
A FIRE INSURANCE . . . . .
  Claims paid . . .   .
  Direct claims . . .   .
  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 . 6962 355 . 3824 076 .
  Less :Re-insurance Ceded to claims paid   161 834   38 159 .
  Net Claims Paid . 6800 521 . 3785 917 .
  Add : Claims Outstanding at the end of the year . 65827 223 . 38109 986 .
  Less: Claims Outstanding at the beginning of the year . 64612 978 . 34311 102 .
  Total Claims Incurred   8014 766   7584 801 .
Notes:           .
a)      Incurred But Not Reported (IBNR), Incurred but not enough reported [IBNER] claims should be included in the amount for outstanding claims. .
b)      Claims includes specific claims settlement cost but not expenses of management     .
c)       The surveyor fees, legal and other expenses shall also form part of claims cost.     .
d)      Claims cost should be adjusted for estimated salvage value if there is a sufficient certainty of its realisation.   .
B MISCELLANEOUS INSURANCE . . . . .
(1) MOTOR         .
  Claims paid . . .   .
  Direct claims . . .   .
  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 . 8471 756 . 4711 861 .
  Less :Re-insurance Ceded to claims paid    0    0 .
  Net Claims Paid . 8471 756 . 4711 861 .
  Add : Claims Outstanding at the end of the year . 50054 434 . 41189 117 .
  Less: Claims Outstanding at the beginning of the year . 48480 865 . 40251 416 .
  Total Claims Incurred   10045 325   5649 562 .
(2) AVIATION . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims .  83 .  0 .
  Add   :Re-insurance accepted to direct claims . 689 840 . 456 537 .
  Less :Re-insurance Ceded to claims paid   161 143   8 189 .
  Net Claims Paid . 528 780 . 448 348 .
  Add : Claims Outstanding at the end of the year . 7060 022 . 6144 000 .
  Less: Claims Outstanding at the beginning of the year . 6971 868 . 5332 747 .
  Total Claims Incurred   616 934   1259 601 .
(3) ENGINEERING . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 1050 772 . 436 573 .
  Less :Re-insurance Ceded to claims paid   56 278   -2 511 .
  Net Claims Paid . 994 494 . 439 084 .
  Add : Claims Outstanding at the end of the year . 9472 700 . 6878 860 .
  Less: Claims Outstanding at the beginning of the year . 9071 131 . 6620 777 .
  Total Claims Incurred   1396 063   697 167 .
(4) WC . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 20 074 . 28 236 .
  Less :Re-insurance Ceded to claims paid    0    0 .
  Net Claims Paid . 20 074 . 28 236 .
  Add : Claims Outstanding at the end of the year . 223 002 . 112 488 .
  Less: Claims Outstanding at the beginning of the year . 210 407 . 100 366 .
  Total Claims Incurred   32 669   40 358 .
(5) Liability . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 229 037 . 27 999 .
  Less :Re-insurance Ceded to claims paid   390 878    0 .
  Net Claims Paid . -161 841 . 27 999 .
  Add : Claims Outstanding at the end of the year . 1078 771 . 557 207 .
  Less: Claims Outstanding at the beginning of the year . 974 245 . 636 110 .
  Total Claims Incurred   -57 315   -50 904 .
(6) PA . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 575 699 . 391 589 .
  Less :Re-insurance Ceded to claims paid    0    0 .
  Net Claims Paid . 575 699 . 391 589 .
  Add : Claims Outstanding at the end of the year . 752 557 . 550 637 .
  Less: Claims Outstanding at the beginning of the year . 514 464 . 651 469 .
  Total Claims Incurred   813 792   290 757 .
(7) Health . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 4002 619 . 3029 849 .
  Less :Re-insurance Ceded to claims paid    0    0 .
  Net Claims Paid . 4002 619 . 3029 849 .
  Add : Claims Outstanding at the end of the year . 5484 596 . 1870 828 .
  Less: Claims Outstanding at the beginning of the year . 6133 249 . 1968 987 .
  Total Claims Incurred   3353 966   2931 690 .
(8) Oth. Misc. . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 2420 190 . 1160 348 .
  Less :Re-insurance Ceded to claims paid   6 607   - 113 .
  Net Claims Paid . 2413 583 . 1160 461 .
  Add : Claims Outstanding at the end of the year . 12712 970 . 5795 028 .
  Less: Claims Outstanding at the beginning of the year . 12546 077 . 6537 537 .
  Total Claims Incurred   2580 476   417 952 .
(9) FL/Credit . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 208 848 . 279 948 .
  Less :Re-insurance Ceded to claims paid    0    0 .
  Net Claims Paid . 208 848 . 279 948 .
  Add : Claims Outstanding at the end of the year . 2469 605 . 3180 534 .
  Less: Claims Outstanding at the beginning of the year . 2583 139 . 2869 514 .
  Total Claims Incurred   95 314   590 968 .
TOTAL  MISCELLANEOUS . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims .  83 .  0 .
  Add   :Re-insurance accepted to direct claims . 17668 835 . 10522 940 .
  Less :Re-insurance Ceded to claims paid   614 906   5 565 .
  Net Claims Paid . 17054 012 . 10517 375 .
  Add : Claims Outstanding at the end of the year . 89308 657 . 66278 699 .
  Less: Claims Outstanding at the beginning of the year . 87485 445 . 64968 923 .
  Total Claims Incurred   18877 224   11827 151 .
C MARINE INSURANCE . . . . .
(1) MARINE CARGO . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 770 018 . 500 224 .
  Less :Re-insurance Ceded to claims paid   -1 653    0 .
  Net Claims Paid . 771 671 . 500 224 .
  Add : Claims Outstanding at the end of the year . 5133 547 . 4264 249 .
  Less: Claims Outstanding at the beginning of the year . 4999 539 . 4006 594 .
  Total Claims Incurred   905 679   757 879 .
(2) MARINE HULL . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 1352 418 . 786 469 .
  Less :Re-insurance Ceded to claims paid   350 157   116 565 .
  Net Claims Paid . 1002 261 . 669 904 .
  Add : Claims Outstanding at the end of the year . 10438 171 . 5054 054 .
  Less: Claims Outstanding at the beginning of the year . 9460 899 . 4881 945 .
  Total Claims Incurred   1979 533   842 013 .
TOTAL MARINE  . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 2122 436 . 1286 693 .
  Less :Re-insurance Ceded to claims paid   348 504   116 565 .
  Net Claims Paid . 1773 932 . 1170 128 .
  Add : Claims Outstanding at the end of the year . 15571 718 . 9318 303 .
  Less: Claims Outstanding at the beginning of the year . 14460 438 . 8888 539 .
  Total Claims Incurred   2885 212   1599 892 .
D LIFE INSURANCE . . . . .
  Claims paid         .
  Direct claims . . .   .
  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 . 80 626 . 49 746 .
  Less :Re-insurance Ceded to claims paid    0    0 .
  Net Claims Paid . 80 626 . 49 746 .
  Add : Claims Outstanding at the end of the year . 188 289 . 51 096 .
  Less: Claims Outstanding at the beginning of the year . 111 158 . 158 475 .
  Total Claims Incurred   157 757   -57 633 .
E TOTAL ALL CLASSES . . . . .
  Claims paid         .
  Direct claims . . .   .
  Add Claims Outstanding at the end of the year . . .   .
  Less Claims Outstanding at the beginning of the year . . .   .
  Gross Incurred Claims .  83 .  0 .
  Add   :Re-insurance accepted to direct claims . 26834 252 . 15683 455 .
  Less :Re-insurance Ceded to claims paid   1125 244   160 289 .
  Net Claims Paid . 25709 091 . 15523 166 .
  Add : Claims Outstanding at the end of the year . 170895 887 . 113758 084 .
  Less: Claims Outstanding at the beginning of the year . 166670 019 . 108327 039 .
  Total Claims Incurred   29934 959   20954 211 .