FORM NL-5 - CLAIMS SCHEDULE


Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   


FOR THE PERIOD ENDED 31.03.2013
CLAIMS INCURRED [NET]




(` '000)

PARTICULARS TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
A FIRE INSURANCE


Commission paid


Direct


Add: Re-insurance Accepted


Less: Commission on Re-insurance Ceded


Net Commission


Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: 30402 101 23970 278

Agents 4468 888 1968 193

Brokers 25933 213 22002 085

Corporate Agency 68743 345 64612 978

Referral 64612 978 34311 102

Others (pl. specify) 64612 978 34311 102

TOTAL (B) 30063 580 52303 961








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 22412 192 22914 760

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 22412 192 22914 760

Add : Claims Outstanding at the end of the year 53975 419 48480 865

Less: Claims Outstanding at the beginning of the year 48480 865 40251 415

Total Claims Incurred 27906 746 31144 210








(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 3 332

Add   :Re-insurance accepted to direct claims 3486 084 4196 542

Less :Re-insurance Ceded to claims paid 485 879 642 016

Net Claims Paid 3000 288 3557 858

Add : Claims Outstanding at the end of the year 9253 362 6971 867

Less: Claims Outstanding at the beginning of the year 6971 868 5305 467

Total Claims Incurred 5281 782 5224 258








(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 2818 570 2804 199

Less :Re-insurance Ceded to claims paid 24 596 167 199

Net Claims Paid 2793 974 2637 000

Add : Claims Outstanding at the end of the year 10769 022 9071 131

Less: Claims Outstanding at the beginning of the year 9071 131 6620 777

Total Claims Incurred 4491 865 5087 354








(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 92 323 71 593

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 92 323 71 593

Add : Claims Outstanding at the end of the year 230 487 210 407

Less: Claims Outstanding at the beginning of the year 210 407 100 365

Total Claims Incurred 112 403 181 635








(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 434 785 504 122

Less :Re-insurance Ceded to claims paid 391 543 0

Net Claims Paid 43 242 504 122

Add : Claims Outstanding at the end of the year 1231 056 974 245

Less: Claims Outstanding at the beginning of the year 974 245 636 110

Total Claims Incurred 300 053 842 257








(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 3347 145 2476 668

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 3347 145 2476 668

Add : Claims Outstanding at the end of the year 3452 075 514 464

Less: Claims Outstanding at the beginning of the year 514 464 651 469

Total Claims Incurred 6284 756 2339 663








(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 19728 337 14260 254

Less :Re-insurance Ceded to claims paid 0 7

Net Claims Paid 19728 337 14260 247

Add : Claims Outstanding at the end of the year 10014 824 6133 249

Less: Claims Outstanding at the beginning of the year 6133 249 1968 987

Total Claims Incurred 23609 912 18424 509








(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 5365 024 5026 757

Less :Re-insurance Ceded to claims paid -3 907 14 496

Net Claims Paid 5368 931 5012 261

Add : Claims Outstanding at the end of the year 10079 799 12546 077

Less: Claims Outstanding at the beginning of the year 12546 077 6537 537

Total Claims Incurred 2902 653 11020 801








(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 1020 969 763 274

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 1020 969 763 274

Add : Claims Outstanding at the end of the year 3479 268 2583 139

Less: Claims Outstanding at the beginning of the year 2583 139 2869 514

Total Claims Incurred 1917 098 476 899









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 3 332

Add   :Re-insurance accepted to direct claims 58705 429 53018 169

Less :Re-insurance Ceded to claims paid 898 111 823 718

Net Claims Paid 57807 401 52197 783

Add : Claims Outstanding at the end of the year 102485 312 87485 444

Less: Claims Outstanding at the beginning of the year 87485 445 64941 641

Total Claims Incurred 72807 268 74741 586








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 3033 246 2939 318

Less :Re-insurance Ceded to claims paid 12 615 4 540

Net Claims Paid 3020 631 2934 778

Add : Claims Outstanding at the end of the year 5891 192 4999 539

Less: Claims Outstanding at the beginning of the year 4999 539 4006 594

Total Claims Incurred 3912 284 3927 723








(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 4676 827 4697 624

Less :Re-insurance Ceded to claims paid 948 127 561 191

Net Claims Paid 3728 700 4136 433

Add : Claims Outstanding at the end of the year 7893 011 9460 899

Less: Claims Outstanding at the beginning of the year 9460 899 4881 945

Total Claims Incurred 2160 812 8715 387









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 7710 073 7636 942

Less :Re-insurance Ceded to claims paid 960 742 565 731

Net Claims Paid 6749 331 7071 211

Add : Claims Outstanding at the end of the year 13784 203 14460 438

Less: Claims Outstanding at the beginning of the year 14460 438 8888 539

Total Claims Incurred 6073 096 12643 110








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 409 817 224 187

Less :Re-insurance Ceded to claims paid 36 972 1 447

Net Claims Paid 372 845 222 740

Add : Claims Outstanding at the end of the year 217 743 111 158

Less: Claims Outstanding at the beginning of the year 111 158 158 475

Total Claims Incurred 479 430 175 423








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 3 332

Add   :Re-insurance accepted to direct claims 97227 420 84849 576

Less :Re-insurance Ceded to claims paid 6364 713 3359 089

Net Claims Paid 90862 790 81493 819

Add : Claims Outstanding at the end of the year 185230 603 166670 018

Less: Claims Outstanding at the beginning of the year 166670 019 108299 757

Total Claims Incurred 109423 374 139864 080