FORM NL-4-PREMIUM SCHEDULE |
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Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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PREMIUM EARNED [NET] |
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FOR THE PERIOD ENDED 31.03.2013 |
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A |
FIRE INSURANCE |
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(` '000) |
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PARTICULARS |
FOR THE QUARTER |
TWELVE MONTH ENDING 31.03.2013 |
FOR THE QUARTER OF THE PRECEDING YEAR |
TWELVE MONTH ENDING 31.03.2012 |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
9782 643 |
40699 240 |
12519 647 |
42007 735 |
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Less : Premium on reinsurance ceded |
710 648 |
8139 611 |
648 981 |
6524 474 |
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Net Premium |
9071 995 |
32559 629 |
11870 666 |
35483 261 |
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Adjustment for change in reserve for unexpired risks |
459 888 |
1853 088 |
-2148 012 |
-3906 924 |
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Premium Earned (Net) |
9531 883 |
34412 717 |
9722 654 |
31576 337 |
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B |
MISCELLANEOUS INSURANCE |
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(1) |
MOTOR |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
14223 614 |
41987 919 |
7916 580 |
29713 273 |
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Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
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Net Premium |
14223 614 |
41987 919 |
7916 580 |
29713 273 |
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Adjustment for change in reserve for unexpired risks |
-3108 711 |
-6031 409 |
-594 261 |
-3550 133 |
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Premium Earned (Net) |
11114 903 |
35956 510 |
7322 319 |
26163 140 |
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(2) |
AVIATION |
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Premium from direct business written |
0 |
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0 |
0 |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
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Add: Premium on reinsurance accepted |
1349 614 |
4443 180 |
870 807 |
6206 311 |
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Less : Premium on reinsurance ceded |
208 727 |
1045 538 |
-504 926 |
699 000 |
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Net Premium |
1140 887 |
3397 642 |
1375 733 |
5507 311 |
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Adjustment for change in reserve for unexpired risks |
199 114 |
1094 453 |
16 708 |
1 213 |
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Premium Earned (Net) |
1340 001 |
4492 095 |
1392 441 |
5508 524 |
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(3) |
ENGINEERING |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
1778 842 |
7499 613 |
2365 401 |
8081 814 |
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Less : Premium on reinsurance ceded |
32 273 |
875 037 |
244 664 |
1172 068 |
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Net Premium |
1746 569 |
6624 576 |
2120 737 |
6909 746 |
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Adjustment for change in reserve for unexpired risks |
196 178 |
216 147 |
142 195 |
362 |
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Premium Earned (Net) |
1942 747 |
6840 723 |
2262 932 |
6910 108 |
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(4) |
W.C. |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
130 325 |
427 814 |
149 510 |
407 710 |
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Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
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Net Premium |
130 325 |
427 814 |
149 510 |
407 710 |
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Adjustment for change in reserve for unexpired risks |
9 519 |
-9 675 |
-61 557 |
-101 837 |
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Premium Earned (Net) |
139 844 |
418 139 |
87 953 |
305 873 |
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(5) |
Liability |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
-55 253 |
1521 796 |
381 873 |
1833 037 |
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Less : Premium on reinsurance ceded |
3 840 |
269 668 |
0 |
125 501 |
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Net Premium |
-59 093 |
1252 128 |
381 873 |
1707 536 |
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Adjustment for change in reserve for unexpired risks |
221 783 |
232 580 |
43 594 |
-9 721 |
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Premium Earned (Net) |
162 690 |
1484 708 |
425 467 |
1697 815 |
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(6) |
PA |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
1570 728 |
5138 553 |
1071 988 |
4103 450 |
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Less : Premium on reinsurance ceded |
0 |
15 716 |
0 |
19 096 |
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Net Premium |
1570 728 |
5122 837 |
1071 988 |
4084 354 |
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Adjustment for change in reserve for unexpired risks |
-248 878 |
-518 401 |
-304 165 |
-632 317 |
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Premium Earned (Net) |
1321 850 |
4604 436 |
767 823 |
3452 037 |
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(7) |
Health |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
12278 380 |
20676 993 |
9286 516 |
17603 628 |
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Less : Premium on reinsurance ceded |
-473 054 |
0 |
-686 817 |
0 |
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Net Premium |
12751 434 |
20676 993 |
9973 333 |
17603 628 |
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Adjustment for change in reserve for unexpired risks |
-1277 554 |
-1408 771 |
612 367 |
-719 451 |
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Premium Earned (Net) |
11473 880 |
19268 222 |
10585 700 |
16884 177 |
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(8) |
Oth. Misc. |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
10422 479 |
12449 149 |
8353 233 |
10248 581 |
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Less : Premium on reinsurance ceded |
587 796 |
587 796 |
696 800 |
696 800 |
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Net Premium |
9834 683 |
11861 353 |
7656 433 |
9551 781 |
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Adjustment for change in reserve for unexpired risks |
-1061 948 |
-1127 619 |
145 290 |
-317 568 |
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Premium Earned (Net) |
8772 735 |
10733 734 |
7801 723 |
9234 213 |
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(9) |
FL/Credit |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
752 558 |
2779 228 |
612 625 |
2507 973 |
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Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
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Net Premium |
752 558 |
2779 228 |
612 625 |
2507 973 |
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Adjustment for change in reserve for unexpired risks |
-69 956 |
-135 627 |
-8 922 |
-471 780 |
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Premium Earned (Net) |
682 602 |
2643 601 |
603 703 |
2036 193 |
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TOTAL MISCELLANEOUS |
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Premium from direct business written |
0 |
0 |
0 |
0 |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
42451 287 |
96924 245 |
31008 533 |
80705 777 |
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Less : Premium on reinsurance ceded |
359 582 |
2793 755 |
-250 279 |
2712 465 |
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Net Premium |
42091 705 |
94130 490 |
31258 812 |
77993 312 |
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Adjustment for change in reserve for unexpired risks |
-5140 453 |
-7688 322 |
-8 751 |
-5801 232 |
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Premium Earned (Net) |
36951 252 |
86442 168 |
31250 061 |
72192 080 |
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C |
MARINE INSURANCE |
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(1) |
MARINE CARGO |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
780 957 |
4747 395 |
1346 460 |
5224 863 |
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Less : Premium on reinsurance ceded |
131 190 |
378 179 |
47 041 |
195 096 |
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Net Premium |
649 767 |
4369 216 |
1299 419 |
5029 767 |
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Adjustment for change in reserve for unexpired risks |
669 452 |
737 265 |
-222 335 |
-1201 667 |
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Premium Earned (Net) |
1319 219 |
5106 481 |
1077 084 |
3828 100 |
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(2) |
MARINE HULL |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
1906 682 |
7533 159 |
2597 830 |
7742 795 |
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Less : Premium on reinsurance ceded |
446 726 |
1660 718 |
218 289 |
1137 438 |
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Net Premium |
1459 956 |
5872 441 |
2379 541 |
6605 357 |
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Adjustment for change in reserve for unexpired risks |
949 718 |
892 913 |
-1085 118 |
-1451 685 |
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Premium Earned (Net) |
2409 674 |
6765 354 |
1294 423 |
5153 672 |
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TOTAL MARINE |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
2687 639 |
12280 554 |
3944 290 |
12967 658 |
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Less : Premium on reinsurance ceded |
577 916 |
2038 897 |
265 330 |
1332 534 |
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Net Premium |
2109 723 |
10241 657 |
3678 960 |
11635 124 |
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Adjustment for change in reserve for unexpired risks |
1619 170 |
1630 178 |
-1307 453 |
-2653 352 |
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Premium Earned (Net) |
3728 893 |
11871 835 |
2371 507 |
8981 772 |
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D |
LIFE INSURANCE |
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Premium from direct business written |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
377 468 |
954 699 |
149 272 |
498 298 |
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Less : Premium on reinsurance ceded |
54 924 |
174 148 |
21 680 |
27 567 |
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Net Premium |
322 544 |
780 551 |
127 592 |
470 731 |
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Adjustment for change in reserve for unexpired risks |
-231 972 |
-289 406 |
22 741 |
-63 625 |
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Premium Earned (Net) |
90 572 |
491 145 |
150 333 |
407 106 |
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E |
TOTAL ALL CLASSES |
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Premium from direct business written |
0 |
0 |
0 |
0 |
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Service Tax |
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Adjustment for change in reserve for unexpired risks |
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Gross Earned Premium |
0 |
0 |
0 |
0 |
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Add: Premium on reinsurance accepted |
55299 037 |
150858 738 |
47621 742 |
136179 468 |
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Less : Premium on reinsurance ceded |
1703 070 |
13146 411 |
685 712 |
10597 040 |
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Net Premium |
53595 967 |
137712 327 |
46936 030 |
125582 428 |
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Adjustment for change in reserve for unexpired risks |
-3293 367 |
-4494 462 |
-3441 475 |
-12425 133 |
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Premium Earned (Net) |
50302 600 |
133217 865 |
43494 555 |
113157 295 |