FORM NL-26 - CLAIMS INFORMATION - KG Table I |
Insurer : General Insurance Corporation of India |
Solvency for the period ended 31st Decemeber 2012 |
Required solvency margin based on net premium and net incurred claims |
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(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 |
4342 64.05 |
3534 95.40 |
3642 38.57 |
3400 39.51 |
706 99.08 |
1020 11.85 |
1020 11.85 |
2 |
Misc - Motor |
3567 81.78 |
3567 81.78 |
2692 48.98 |
2693 24.91 |
713 56.36 |
807 97.47 |
807 97.47 |
3 |
Misc - Aviation |
396 40.04 |
363 21.97 |
486 97.80 |
402 10.51 |
72 64.39 |
131 48.41 |
131 48.41 |
4 |
Misc - Engg |
808 41.48 |
699 68.46 |
450 29.19 |
442 62.12 |
139 93.69 |
132 78.64 |
139 93.69 |
5 |
Misc - W.C. |
44 69.99 |
44 69.99 |
20 06.55 |
20 06.55 |
8 94.00 |
6 01.96 |
8 94.00 |
6 |
Misc - Liability |
195 88.53 |
169 30.25 |
91 03.09 |
50 94.47 |
33 86.05 |
23 21.29 |
33 86.05 |
7 |
Misc - P.A. |
463 98.01 |
462 40.84 |
279 09.01 |
279 09.01 |
92 48.17 |
83 72.70 |
92 48.17 |
8 |
Misc - Health |
2101 11.14 |
2101 11.14 |
1759 60.44 |
1759 60.44 |
420 22.23 |
527 88.13 |
527 88.13 |
9 |
Misc - Oth. Misc. |
1032 93.55 |
984 63.18 |
1122 49.61 |
1121 05.30 |
196 92.64 |
336 31.59 |
336 31.59 |
10 |
Misc - FL/Cr. |
263 92.94 |
263 92.94 |
183 11.91 |
183 11.91 |
52 78.59 |
54 93.57 |
54 93.57 |
11 |
Marine - Cargo |
531 11.90 |
501 71.60 |
327 55.72 |
299 61.96 |
100 34.32 |
89 88.59 |
100 34.32 |
12 |
Marine - Hull |
822 19.29 |
678 96.65 |
564 12.47 |
458 06.21 |
135 79.33 |
137 41.86 |
137 41.86 |
13 |
Life |
72 65.03 |
58 55.99 |
47 62.65 |
41 02.52 |
11 71.20 |
12 30.76 |
12 30.76 |
|
Total |
14643 77.73 |
13431 00.20 |
11666 85.99 |
11150 95.43 |
2686 20.04 |
3364 06.83 |
3403 99.88 |
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RSM1 premium has been calculated based on 12 month figure i.e. from 01.10.2011 to 30.09.2012 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 30.09.12 has been multiplied by 2 for arriving at annual figure. |
Solvency for the period ended 30th September 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 |
3526 86.52 |
2924 36.93 |
3811 27.00 |
3572 73.40 |
584 87.39 |
1071 82.02 |
1071 82.02 |
2 |
Misc - Motor |
2579 92.39 |
2579 92.39 |
2282 91.67 |
2282 91.67 |
515 98.48 |
684 87.50 |
684 87.50 |
3 |
Misc - Aviation |
671 96.26 |
433 49.47 |
540 41.10 |
478 92.15 |
86 69.89 |
143 67.64 |
143 67.64 |
4 |
Misc - Engg |
826 43.32 |
712 58.35 |
357 36.84 |
323 45.24 |
142 51.67 |
97 03.57 |
142 51.67 |
5 |
Misc - W.C. |
|
|
|
|
|
|
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6 |
Misc - Liability |
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|
7 |
Misc - P.A. |
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|
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8 |
Misc - Health |
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|
|
|
9 |
Misc - Oth. Misc. |
3495 85.85 |
3406 29.42 |
2496 71.42 |
2497 98.51 |
681 25.88 |
749 39.55 |
749 39.55 |
10 |
Misc - FL/Cr. |
|
|
|
|
|
|
|
11 |
Marine - Cargo |
453 02.68 |
425 03.35 |
312 80.31 |
312 37.71 |
85 00.67 |
93 71.31 |
93 71.31 |
12 |
Marine - Hull |
715 53.44 |
606 08.81 |
457 66.68 |
392 84.56 |
121 21.76 |
117 85.37 |
121 21.76 |
13 |
Life |
30 76.49 |
30 53.61 |
9 57.84 |
9 54.97 |
6 10.72 |
2 86.49 |
6 10.72 |
. |
Total |
12300 36.96 |
11118 32.32 |
10268 72.86 |
9870 78.20 |
2223 66.46 |
2961 23.46 |
3013 32.18 |
. |
RSM1 premium has been calculated based on 12 month figure i.e. from 01.10.2010 to 30.09.2011 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 30.09.11 has been multiplied by 2 for arriving at
annual figure. |
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Note: |
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1. Claim and Premium
is not provided separately for Liabilities and Health Insurance as it is
considered as part of Others under Miscellaneous.- |
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2. Claim and Premium for Life Insurance has been separately disclosed under item 10 |
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