FORM NL-4-PREMIUM SCHEDULE |
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
|
PREMIUM EARNED [NET] |
|
FOR THE PERIOD ENDED 31.03.2013 |
|
A |
FIRE INSURANCE |
|
( ' 000) |
|
PARTICULARS |
TWELVE MONTH ENDING 31.03.2013 |
TWELVE MONTH ENDING 31.03.2012 |
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
40699 240 |
42007 735 |
|
Less : Premium on reinsurance ceded |
8139 611 |
6524 474 |
|
Net Premium |
32559 629 |
35483 261 |
|
Adjustment for change in reserve for unexpired risks |
1853 088 |
-3906 924 |
|
Premium Earned (Net) |
34412 717 |
31576 337 |
|
|
|
|
|
|
|
|
B |
MISCELLANEOUS INSURANCE |
|
|
(1) |
MOTOR |
|
|
|
Premium from direct business written |
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|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
41987 919 |
29713 273 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
|
Net Premium |
41987 919 |
29713 273 |
|
Adjustment for change in reserve for unexpired risks |
-6031 409 |
-3550 133 |
|
Premium Earned (Net) |
35956 510 |
26163 140 |
|
|
|
|
|
|
|
|
(2) |
AVIATION |
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|
|
Premium from direct business written |
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0 |
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
|
|
Add: Premium on reinsurance accepted |
4443 180 |
6206 311 |
|
Less : Premium on reinsurance ceded |
1045 538 |
699 000 |
|
Net Premium |
3397 642 |
5507 311 |
|
Adjustment for change in reserve for unexpired risks |
1094 453 |
1 213 |
|
Premium Earned (Net) |
4492 095 |
5508 524 |
|
|
|
|
|
|
|
|
(3) |
ENGINEERING |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
7499 613 |
8081 814 |
|
Less : Premium on reinsurance ceded |
875 037 |
1172 068 |
|
Net Premium |
6624 576 |
6909 746 |
|
Adjustment for change in reserve for unexpired risks |
216 147 |
362 |
|
Premium Earned (Net) |
6840 723 |
6910 108 |
|
|
|
|
|
|
|
|
(4) |
W.C. |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
427 814 |
407 710 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
|
Net Premium |
427 814 |
407 710 |
|
Adjustment for change in reserve for unexpired risks |
-9 675 |
-101 837 |
|
Premium Earned (Net) |
418 139 |
305 873 |
|
|
|
|
|
|
|
|
(5) |
Liability |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
1521 796 |
1833 037 |
|
Less : Premium on reinsurance ceded |
269 668 |
125 501 |
|
Net Premium |
1252 128 |
1707 536 |
|
Adjustment for change in reserve for unexpired risks |
232 580 |
-9 721 |
|
Premium Earned (Net) |
1484 708 |
1697 815 |
|
|
|
|
|
|
|
|
(6) |
PA |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
5138 553 |
4103 450 |
|
Less : Premium on reinsurance ceded |
15 716 |
19 096 |
|
Net Premium |
5122 837 |
4084 354 |
|
Adjustment for change in reserve for unexpired risks |
-518 401 |
-632 317 |
|
Premium Earned (Net) |
4604 436 |
3452 037 |
|
|
|
|
|
|
|
|
(7) |
Health |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
20676 993 |
17603 628 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
|
Net Premium |
20676 993 |
17603 628 |
|
Adjustment for change in reserve for unexpired risks |
-1408 771 |
-719 451 |
|
Premium Earned (Net) |
19268 222 |
16884 177 |
|
|
|
|
|
|
|
|
(8) |
Oth. Misc. |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
12449 149 |
10248 581 |
|
Less : Premium on reinsurance ceded |
587 796 |
696 800 |
|
Net Premium |
11861 353 |
9551 781 |
|
Adjustment for change in reserve for unexpired risks |
-1127 619 |
-317 568 |
|
Premium Earned (Net) |
10733 734 |
9234 213 |
|
|
|
|
|
|
|
|
(9) |
FL/Credit |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
2779 228 |
2507 973 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
|
Net Premium |
2779 228 |
2507 973 |
|
Adjustment for change in reserve for unexpired risks |
-135 627 |
-471 780 |
|
Premium Earned (Net) |
2643 601 |
2036 193 |
|
|
|
|
|
|
|
|
|
TOTAL MISCELLANEOUS |
|
|
|
Premium from direct business written |
0 |
0 |
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
96924 245 |
80705 777 |
|
Less : Premium on reinsurance ceded |
2793 755 |
2712 465 |
|
Net Premium |
94130 490 |
77993 312 |
|
Adjustment for change in reserve for unexpired risks |
-7688 322 |
-5801 232 |
|
Premium Earned (Net) |
86442 168 |
72192 080 |
|
|
|
|
|
|
|
|
C |
MARINE INSURANCE |
|
|
(1) |
MARINE CARGO |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
4747 395 |
5224 863 |
|
Less : Premium on reinsurance ceded |
378 179 |
195 096 |
|
Net Premium |
4369 216 |
5029 767 |
|
Adjustment for change in reserve for unexpired risks |
737 265 |
-1201 667 |
|
Premium Earned (Net) |
5106 481 |
3828 100 |
|
|
|
|
|
|
|
|
(2) |
MARINE HULL |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
7533 159 |
7742 795 |
|
Less : Premium on reinsurance ceded |
1660 718 |
1137 438 |
|
Net Premium |
5872 441 |
6605 357 |
|
Adjustment for change in reserve for unexpired risks |
892 913 |
-1451 685 |
|
Premium Earned (Net) |
6765 354 |
5153 672 |
|
|
|
|
|
|
|
|
|
TOTAL MARINE |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
12280 554 |
12967 658 |
|
Less : Premium on reinsurance ceded |
2038 897 |
1332 534 |
|
Net Premium |
10241 657 |
11635 124 |
|
Adjustment for change in reserve for unexpired risks |
1630 178 |
-2653 352 |
|
Premium Earned (Net) |
11871 835 |
8981 772 |
|
|
|
|
|
|
|
|
D |
LIFE INSURANCE |
|
|
|
Premium from direct business written |
|
|
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
954 699 |
498 298 |
|
Less : Premium on reinsurance ceded |
174 148 |
27 567 |
|
Net Premium |
780 551 |
470 731 |
|
Adjustment for change in reserve for unexpired risks |
-289 406 |
-63 625 |
|
Premium Earned (Net) |
491 145 |
407 106 |
|
|
|
|
|
|
|
|
E |
TOTAL ALL CLASSES |
|
|
|
Premium from direct business written |
0 |
0 |
|
Service Tax |
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
Gross Earned Premium |
0 |
0 |
|
Add: Premium on reinsurance accepted |
150858 738 |
136179 468 |
|
Less : Premium on reinsurance ceded |
13146 411 |
10597 040 |
|
Net Premium |
137712 327 |
125582 428 |
|
Adjustment for change in reserve for unexpired risks |
-4494 462 |
-12425 133 |
|
Premium Earned (Net) |
133217 865 |
113157 295 |