FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 31.03.2014





(` '000)

PARTICULARS FOR THE QUARTER TWELVE MONTH ENDING 31.03.2014 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2013
A FIRE 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 12362 098 36648 124 7370 941 30402 101

Less :Re-insurance Ceded to claims paid 2250 139 6756 140 2411 578 4468 888

Net Claims Paid 10111 959 29891 984 4959 363 25933 213

Add : Claims Outstanding at the end of the year 2013 481 76208 072 -404 978 68743 345

Less: Claims Outstanding at the beginning of the year 0 68743 345 0 64612 978

Total Claims Incurred 12125 440 37356 711 4554 385 30063 580
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 9448 363 28847 032 6223 284 22412 192

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

Net Claims Paid 9448 363 28847 032 6223 284 22412 192

Add : Claims Outstanding at the end of the year -8254 726 54058 415 1727 875 53975 419

Less: Claims Outstanding at the beginning of the year 0 53975 419 0 48480 865

Total Claims Incurred 1193 637 28930 028 7951 159 27906 746
(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 406 5 497 0 83

Add   :Re-insurance accepted to direct claims 1026 100 3633 909 778 027 3486 084

Less :Re-insurance Ceded to claims paid 78 038 297 654 179 124 485 879

Net Claims Paid 948 468 3341 752 598 903 3000 288

Add : Claims Outstanding at the end of the year -242 332 7900 822 1918 595 9253 362

Less: Claims Outstanding at the beginning of the year 0 9253 362 0 6971 868

Total Claims Incurred 706 136 1989 212 2517 498 5281 782
(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 1439 075 4674 887 728 900 2818 570

Less :Re-insurance Ceded to claims paid 22 912 47 354 -34 014 24 596

Net Claims Paid 1416 163 4627 533 762 914 2793 974

Add : Claims Outstanding at the end of the year 2335 323 17748 578 408 773 10769 022

Less: Claims Outstanding at the beginning of the year 0 10769 022 0 9071 131

Total Claims Incurred 3751 486 11607 089 1171 687 4491 865
(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 32 718 114 384 24 714 92 323

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

Net Claims Paid 32 718 114 384 24 714 92 323

Add : Claims Outstanding at the end of the year -91 959 163 235 -62 802 230 487

Less: Claims Outstanding at the beginning of the year 0 230 487 0 210 407

Total Claims Incurred -59 241 47 132 -38 088 112 403
(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 42 722 295 989 23 123 434 785

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

Net Claims Paid 42 722 295 989 23 123 43 242

Add : Claims Outstanding at the end of the year 279 080 1842 666 -14 365 1231 056

Less: Claims Outstanding at the beginning of the year 0 1231 056 0 974 245

Total Claims Incurred 321 802 907 599 8 758 300 053
(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 983 488 3850 128 1410 807 3347 145

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

Net Claims Paid 983 488 3850 128 1410 807 3347 145

Add : Claims Outstanding at the end of the year 709 878 2406 549 2780 769 3452 075

Less: Claims Outstanding at the beginning of the year 0 3452 075 0 514 464

Total Claims Incurred 1693 366 2804 602 4191 576 6284 756
(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 4447 621 16018 914 5016 201 19728 337

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

Net Claims Paid 4447 621 16018 914 5016 201 19728 337

Add : Claims Outstanding at the end of the year 1581 662 9158 105 5391 736 10014 824

Less: Claims Outstanding at the beginning of the year 0 10014 824 0 6133 249

Total Claims Incurred 6029 283 15162 195 10407 937 23609 912
(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 3960 153 11169 563 1363 566 5365 024

Less :Re-insurance Ceded to claims paid 362 2 728 -14 730 -3 907

Net Claims Paid 3959 791 11166 835 1378 296 5368 931

Add : Claims Outstanding at the end of the year 2197 959 10337 916 -6883 701 10079 799

Less: Claims Outstanding at the beginning of the year 0 10079 799 0 12546 077

Total Claims Incurred 6157 750 11424 952 -5505 405 2902 653
(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 859 396 1813 750 594 234 1020 969

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

Net Claims Paid 859 396 1813 750 594 234 1020 969

Add : Claims Outstanding at the end of the year -2522 279 5885 222 912 435 3479 268

Less: Claims Outstanding at the beginning of the year 0 3479 268 0 2583 139

Total Claims Incurred -1662 883 4219 704 1506 669 1917 098

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 406 5 497 0 83

Add   :Re-insurance accepted to direct claims 22239 636 70418 556 16162 856 58705 429

Less :Re-insurance Ceded to claims paid 101 312 347 736 130 380 898 111

Net Claims Paid 22138 730 70076 317 16032 476 57807 401

Add : Claims Outstanding at the end of the year -4007 394 109501 508 6179 315 102485 312

Less: Claims Outstanding at the beginning of the year 0 102485 312 0 87485 445

Total Claims Incurred 18131 336 77092 513 22211 791 72807 268
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 846 116 2892 339 797 344 3033 246

Less :Re-insurance Ceded to claims paid 320 415 860 140 12 615

Net Claims Paid 845 796 2476 479 797 204 3020 631

Add : Claims Outstanding at the end of the year -531 774 5225 659 1323 317 5891 192

Less: Claims Outstanding at the beginning of the year 0 5891 192 0 4999 539

Total Claims Incurred 314 022 1810 946 2120 521 3912 284
(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 1852 423 5230 616 920 292 4676 827

Less :Re-insurance Ceded to claims paid 202 534 765 813 254 334 948 127

Net Claims Paid 1649 889 4464 803 665 958 3728 700

Add : Claims Outstanding at the end of the year -424 248 7238 540 -1516 858 7893 011

Less: Claims Outstanding at the beginning of the year 0 7893 011 0 9460 899

Total Claims Incurred 1225 641 3810 332 -850 900 2160 812

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 2698 539 8122 955 1717 636 7710 073

Less :Re-insurance Ceded to claims paid 202 854 1181 673 254 474 960 742

Net Claims Paid 2495 685 6941 282 1463 162 6749 331

Add : Claims Outstanding at the end of the year -956 022 12464 199 -193 541 13784 203

Less: Claims Outstanding at the beginning of the year 0 13784 203 0 14460 438

Total Claims Incurred 1539 663 5621 278 1269 621 6073 096
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 230 489 769 313 165 114 409 817

Less :Re-insurance Ceded to claims paid 47 688 144 216 9 621 36 972

Net Claims Paid 182 801 625 097 155 493 372 845

Add : Claims Outstanding at the end of the year 189 709 595 087 16 247 217 743

Less: Claims Outstanding at the beginning of the year 0 217 744 0 111 158

Total Claims Incurred 372 510 1002 440 171 740 479 430
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 406 5 497 0 83

Add   :Re-insurance accepted to direct claims 37530 762 115958 948 25416 547 97227 420

Less :Re-insurance Ceded to claims paid 2601 993 8429 765 2806 053 6364 713

Net Claims Paid 34929 175 107534 680 22610 494 90862 790

Add : Claims Outstanding at the end of the year -2760 226 198768 866 5597 043 185230 603

Less: Claims Outstanding at the beginning of the year 0 185230 604 0 166670 019

Total Claims Incurred 32168 949 121072 942 28207 537 109423 374