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



(` '000)

PARTICULARS TWELVE MONTH ENDING 31.03.2014 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 36648124 30402101

Less :Re-insurance Ceded to claims paid 6756140 4468888

Net Claims Paid 29891984 25933213

Add : Claims Outstanding at the end of the year 76208072 68743345

Less: Claims Outstanding at the beginning of the year 68743345 64612978

Total Claims Incurred 37356711 30063580








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 28847032 22412192

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 28847032 22412192

Add : Claims Outstanding at the end of the year 54058415 53975419

Less: Claims Outstanding at the beginning of the year 53975419 48480865

Total Claims Incurred 28930028 27906746








(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 5497 83

Add   :Re-insurance accepted to direct claims 3633909 3486084

Less :Re-insurance Ceded to claims paid 297654 485879

Net Claims Paid 3341752 3000288

Add : Claims Outstanding at the end of the year 7900822 9253362

Less: Claims Outstanding at the beginning of the year 9253362 6971868

Total Claims Incurred 1989212 5281782








(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 4674887 2818570

Less :Re-insurance Ceded to claims paid 47354 24596

Net Claims Paid 4627533 2793974

Add : Claims Outstanding at the end of the year 17748578 10769022

Less: Claims Outstanding at the beginning of the year 10769022 9071131

Total Claims Incurred 11607089 4491865








(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 114384 92323

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 114384 92323

Add : Claims Outstanding at the end of the year 163235 230487

Less: Claims Outstanding at the beginning of the year 230487 210407

Total Claims Incurred 47132 112403








(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 295989 434785

Less :Re-insurance Ceded to claims paid 0 391543

Net Claims Paid 295989 43242

Add : Claims Outstanding at the end of the year 1842666 1231056

Less: Claims Outstanding at the beginning of the year 1231056 974245

Total Claims Incurred 907599 300053








(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 3850128 3347145

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 3850128 3347145

Add : Claims Outstanding at the end of the year 2406549 3452075

Less: Claims Outstanding at the beginning of the year 3452075 514464

Total Claims Incurred 2804602 6284756








(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 16018914 19728337

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 16018914 19728337

Add : Claims Outstanding at the end of the year 9158105 10014824

Less: Claims Outstanding at the beginning of the year 10014824 6133249

Total Claims Incurred 15162195 23609912








(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 11169563 5365024

Less :Re-insurance Ceded to claims paid 2728 -3907

Net Claims Paid 11166835 5368931

Add : Claims Outstanding at the end of the year 10337916 10079799

Less: Claims Outstanding at the beginning of the year 10079799 12546077

Total Claims Incurred 11424952 2902653








(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 1813750 1020969

Less :Re-insurance Ceded to claims paid 0 0

Net Claims Paid 1813750 1020969

Add : Claims Outstanding at the end of the year 5885222 3479268

Less: Claims Outstanding at the beginning of the year 3479268 2583139

Total Claims Incurred 4219704 1917098









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 5497 83

Add   :Re-insurance accepted to direct claims 70418556 58705429

Less :Re-insurance Ceded to claims paid 347736 898111

Net Claims Paid 70076317 57807401

Add : Claims Outstanding at the end of the year 109501508 102485312

Less: Claims Outstanding at the beginning of the year 102485312 87485445

Total Claims Incurred 77092513 72807268








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 2892339 3033246

Less :Re-insurance Ceded to claims paid 415860 12615

Net Claims Paid 2476479 3020631

Add : Claims Outstanding at the end of the year 5225659 5891192

Less: Claims Outstanding at the beginning of the year 5891192 4999539

Total Claims Incurred 1810946 3912284








(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 5230616 4676827

Less :Re-insurance Ceded to claims paid 765813 948127

Net Claims Paid 4464803 3728700

Add : Claims Outstanding at the end of the year 7238540 7893011

Less: Claims Outstanding at the beginning of the year 7893011 9460899

Total Claims Incurred 3810332 2160812









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 8122955 7710073

Less :Re-insurance Ceded to claims paid 1181673 960742

Net Claims Paid 6941282 6749331

Add : Claims Outstanding at the end of the year 12464199 13784203

Less: Claims Outstanding at the beginning of the year 13784203 14460438

Total Claims Incurred 5621278 6073096








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 769313 409817

Less :Re-insurance Ceded to claims paid 144216 36972

Net Claims Paid 625097 372845

Add : Claims Outstanding at the end of the year 595087 217743

Less: Claims Outstanding at the beginning of the year 217744 111158

Total Claims Incurred 1002440 479430








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 5497 83

Add   :Re-insurance accepted to direct claims 115958948 97227420

Less :Re-insurance Ceded to claims paid 8429765 6364713

Net Claims Paid 107534680 90862790

Add : Claims Outstanding at the end of the year 198768866 185230603

Less: Claims Outstanding at the beginning of the year 185230604 166670019

Total Claims Incurred 121072942 109423374