FORM NL-4-PREMIUM SCHEDULE
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
PREMIUM EARNED [NET]
FOR THE PERIOD ENDED 31.03.2014
A FIRE INSURANCE   ( ' 000)
  PARTICULARS TWELVE MONTH ENDING 31.03.2014 TWELVE MONTH ENDING 31.03.2013

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 49985303 40699240

Less : Premium on reinsurance ceded 10199605 8139611

Net Premium 39785698 32559629

Adjustment for change in reserve for unexpired risks -3255596 1853088

Premium Earned (Net) 36530102 34412717








B MISCELLANEOUS INSURANCE

(1) MOTOR


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 34329669 41987919

Less : Premium on reinsurance ceded 0 0

Net Premium 34329669 41987919

Adjustment for change in reserve for unexpired risks 3882760 -6031409

Premium Earned (Net) 38212429 35956510








(2) AVIATION


Premium from direct business written
0

Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0

Add: Premium on reinsurance accepted 4263961 4443180

Less : Premium on reinsurance ceded 762096 1045538

Net Premium 3501865 3397642

Adjustment for change in reserve for unexpired risks 17449 1094453

Premium Earned (Net) 3519314 4492095








(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 8592130 7499613

Less : Premium on reinsurance ceded 930689 875037

Net Premium 7661441 6624576

Adjustment for change in reserve for unexpired risks -497313 216147

Premium Earned (Net) 7164128 6840723








(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 242956 427814

Less : Premium on reinsurance ceded 0 0

Net Premium 242956 427814

Adjustment for change in reserve for unexpired risks 92523 -9675

Premium Earned (Net) 335479 418139








(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 1005155 1521796

Less : Premium on reinsurance ceded 128815 269668

Net Premium 876340 1252128

Adjustment for change in reserve for unexpired risks 188375 232580

Premium Earned (Net) 1064715 1484708








(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 3797647 5138553

Less : Premium on reinsurance ceded 13161 15716

Net Premium 3784486 5122837

Adjustment for change in reserve for unexpired risks 672251 -518401

Premium Earned (Net) 4456737 4604436








(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 16451251 20676993

Less : Premium on reinsurance ceded 0 0

Net Premium 16451251 20676993

Adjustment for change in reserve for unexpired risks 2131944 -1408771

Premium Earned (Net) 18583195 19268222








(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 13476401 12449149

Less : Premium on reinsurance ceded 894629 587796

Net Premium 12581772 11861353

Adjustment for change in reserve for unexpired risks -349977 -1127619

Premium Earned (Net) 12231795 10733734








(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 2544703 2779228

Less : Premium on reinsurance ceded 0 0

Net Premium 2544703 2779228

Adjustment for change in reserve for unexpired risks 117402 -135627

Premium Earned (Net) 2662105 2643601









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 84703873 96924245

Less : Premium on reinsurance ceded 2729390 2793755

Net Premium 81974483 94130490

Adjustment for change in reserve for unexpired risks 6255414 -7688322

Premium Earned (Net) 88229897 86442168








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 4165491 4747395

Less : Premium on reinsurance ceded 394369 378179

Net Premium 3771122 4369216

Adjustment for change in reserve for unexpired risks 610545 737265

Premium Earned (Net) 4381667 5106481








(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 6689520 7533159

Less : Premium on reinsurance ceded 1102953 1660718

Net Premium 5586567 5872441

Adjustment for change in reserve for unexpired risks 299911 892913

Premium Earned (Net) 5886478 6765354









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 10855011 12280554

Less : Premium on reinsurance ceded 1497322 2038897

Net Premium 9357689 10241657

Adjustment for change in reserve for unexpired risks 910456 1630178

Premium Earned (Net) 10268145 11871835








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 1256976 954699

Less : Premium on reinsurance ceded 248684 174148

Net Premium 1008292 780551

Adjustment for change in reserve for unexpired risks 51696 -289406

Premium Earned (Net) 1059988 491145








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 146801163 150858738

Less : Premium on reinsurance ceded 14675001 13146411

Net Premium 132126162 137712327

Adjustment for change in reserve for unexpired risks 3961970 -4494462

Premium Earned (Net) 136088132 133217865