FORM NL-6-COMMISSION SCHEDULE
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Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
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FOR THE PERIOD ENDED 31.03.2013
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(` '000) |
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PARTICULARS |
TWELVE MONTH ENDING 31.03.2013 |
TWELVE MONTH ENDING 31.03.2012 |
| A |
FIRE INSURANCE |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
8405506
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7433866
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Less: Commission on Re-insurance Ceded |
210845
|
257644
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Net Commission |
8194661
|
7176222
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| B |
MISCELLANEOUS INSURANCE |
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| (1) |
MOTOR |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
7935522
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3083341
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Less: Commission on Re-insurance Ceded |
0
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0
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Net Commission |
7935522
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3083341
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (2) |
AVIATION |
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Commission paid |
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Direct |
0
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-41
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Add: Re-insurance Accepted |
647994
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1005764
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Less: Commission on Re-insurance Ceded |
69318
|
64046
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Net Commission |
578676 |
941677 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (3) |
ENGINEERING |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
2094982
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1858474
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Less: Commission on Re-insurance Ceded |
10349
|
33986
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Net Commission |
2084633
|
1824488
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (4) |
WC |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
73223
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58724
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Less: Commission on Re-insurance Ceded |
0
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0
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Net Commission |
73223
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58724
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (5) |
Liability |
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| . |
Commission paid |
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Direct |
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| . |
Add: Re-insurance Accepted |
216804
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296704
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| . |
Less: Commission on Re-insurance Ceded |
1536
|
796
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| . |
Net Commission |
215268
|
295908
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| . |
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
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| . |
Corporate Agency |
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| . |
Referral |
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| . |
Others (pl. specify) |
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| . |
TOTAL (B) |
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| (6) |
P.A. |
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| . |
Commission paid |
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| . |
Direct |
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| . |
Add: Re-insurance Accepted |
943366 |
703801 |
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Less: Commission on Re-insurance Ceded |
1260 |
2105 |
| . |
Net Commission |
942106 |
701696 |
| .. |
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
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| . |
Corporate Agency |
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| . |
Referral |
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| . |
Others (pl. specify) |
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TOTAL (B) |
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| (7) |
Health |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
3287546 |
1839019 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
| . |
Net Commission |
3287546 |
1839019 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
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| . |
Corporate Agency |
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| . |
Referral |
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| . |
Others (pl. specify) |
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| . |
TOTAL (B) |
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| (8) |
Oth. Misc. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
2871127 |
1665931 |
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Less: Commission on Re-insurance Ceded |
459 |
337 |
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Net Commission |
2870668 |
1665594 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
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| . |
Corporate Agency |
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| . |
Referral |
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| . |
Others (pl. specify) |
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TOTAL (B) |
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| (9) |
FL/Cr |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
503011 |
524054 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
| . |
Net Commission |
503011 |
524054 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
|
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| . |
Corporate Agency |
|
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| . |
Referral |
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| . |
Others (pl. specify) |
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TOTAL (B) |
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| . |
TOTAL MISCELLANEOUS |
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Commission paid |
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Direct |
0 |
-41 |
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Add: Re-insurance Accepted |
18573575 |
11035812 |
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Less: Commission on Re-insurance Ceded |
82922 |
101270 |
| . |
Net Commission |
18490653 |
10934501 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
|
|
| . |
Brokers |
|
|
| . |
Corporate Agency |
|
|
| . |
Referral |
|
|
| . |
Others (pl. specify) |
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| . |
TOTAL (B) |
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| C |
MARINE INSURANCE |
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| (1) |
MARINE CARGO |
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| . |
Commission paid |
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Direct |
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Add: Re-insurance Accepted |
1219477 |
1069659 |
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Less: Commission on Re-insurance Ceded |
90509 |
-561 |
| . |
Net Commission |
1128968 |
1070220 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
|
|
| . |
Agents |
|
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| . |
Brokers |
|
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| . |
Corporate Agency |
|
|
| . |
Referral |
|
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| . |
Others (pl. specify) |
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TOTAL (B) |
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| (2) |
MARINE HULL |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
1445327 |
1606543 |
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Less: Commission on Re-insurance Ceded |
218378 |
145652 |
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Net Commission |
1226949 |
1460891 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
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| . |
Corporate Agency |
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| . |
Referral |
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| . |
Others (pl. specify) |
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TOTAL (B) |
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TOTAL MARINE |
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Commission paid |
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Direct |
0 |
0 |
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Add: Re-insurance Accepted |
2664804 |
2676202 |
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Less: Commission on Re-insurance Ceded |
308887 |
145091 |
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Net Commission |
2355917 |
2531111 |
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Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
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| . |
Brokers |
|
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| . |
Corporate Agency |
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| . |
Referral |
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| . |
Others (pl. specify) |
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TOTAL (B) |
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| D |
LIFE INSURANCE |
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| . |
Commission paid |
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Direct |
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Add: Re-insurance Accepted |
16378 |
24484 |
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Less: Commission on Re-insurance Ceded |
107 |
0 |
| . |
Net Commission |
16271 |
24484 |
| . |
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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| . |
Agents |
|
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| . |
Brokers |
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| . |
Corporate Agency |
|
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| . |
Referral |
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| . |
Others (pl. specify) |
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TOTAL (B) |
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| E |
TOTAL ALL CLASSES |
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Commission paid |
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Direct |
0 |
-41 |
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Add: Re-insurance Accepted |
29660263 |
21170364 |
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Less: Commission on Re-insurance Ceded |
602761 |
504005 |
| . |
Net Commission |
29057502 |
20666318 |
| . |
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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|
| . |
Agents |
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| . |
Brokers |
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| . |
Corporate Agency |
|
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| . |
Referral |
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| . |
Others (pl. specify) |
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| . |
TOTAL (B) |
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