FORM NL-4-PREMIUM SCHEDULE
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
PREMIUM EARNED [NET]
FOR THE PERIOD ENDED 30.06.2014
A FIRE INSURANCE (` '000)
PARTICULARS For the quarter ending 30.06.2014 Up to the quarter ending 30.06.2014 For the corresponding quarter of the preceeding year Up to the Quarter of the prceeding year
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 13040541 13040541 12803418 12803418
Less : Premium on reinsurance ceded 2593873 2593873 1555953 1555953
Net Premium 10446668 10446668 11247465 11247465
Adjustment for change in reserve for unexpired risks 1220023 1220023 -559030 -559030
Premium Earned (Net) 11666691 11666691 10688435 10688435
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 0 0
Add: Premium on reinsurance accepted 8706240 8706240 5430311 5430311
Less : Premium on reinsurance ceded 0 0 0 0
Net Premium 8706240 8706240 5430311 5430311
Adjustment for change in reserve for unexpired risks -1616535 -1616535 2255932 2255932
Premium Earned (Net) 7089705 7089705 7686243 7686243
(2) AVIATION
Premium from direct business written 0 0 0
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0
Add: Premium on reinsurance accepted 1436178 1436178 857310 857310
Less : Premium on reinsurance ceded 283609 283609 44800 44800
Net Premium 1152569 1152569 812510 812510
Adjustment for change in reserve for unexpired risks -52643 -52643 -199624 -199624
Premium Earned (Net) 1099926 1099926 612886 612886
(3) ENGINEERING
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 2332752 2332752 2352979 2352979
Less : Premium on reinsurance ceded 4117 4117 64426 64426
Net Premium 2328635 2328635 2288553 2288553
Adjustment for change in reserve for unexpired risks 33127 33127 -87455 -87455
Premium Earned (Net) 2361762 2361762 2201098 2201098
(4) W.C.
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 43617 43617 63550 63550
Less : Premium on reinsurance ceded 0 0 0 0
Net Premium 43617 43617 63550 63550
Adjustment for change in reserve for unexpired risks 9977 9977 -653 -653
Premium Earned (Net) 53594 53594 62897 62897
(5) Liability
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 341503 341503 225905 225905
Less : Premium on reinsurance ceded 5236 5236 60836 60836
Net Premium 336267 336267 165069 165069
Adjustment for change in reserve for unexpired risks -85198 -85198 208321 208321
Premium Earned (Net) 251069 251069 373390 373390
(6) PA
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 576458 576458 989548 989548
Less : Premium on reinsurance ceded 4083 4083 2604 2604
Net Premium 572375 572375 986944 986944
Adjustment for change in reserve for unexpired risks 204803 204803 76750 76750
Premium Earned (Net) 777178 777178 1063694 1063694
(7) Health
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 3863473 3863473 2833659 2833659
Less : Premium on reinsurance ceded 0 0 0 0
Net Premium 3863473 3863473 2833659 2833659
Adjustment for change in reserve for unexpired risks -497314 -497314 772208 772208
Premium Earned (Net) 3366159 3366159 3605867 3605867
(8) Oth. Misc.
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 2205577 2205577 3462419 3462419
Less : Premium on reinsurance ceded 88350 88350 8041 8041
Net Premium 2117227 2117227 3454378 3454378
Adjustment for change in reserve for unexpired risks 673201 673201 -311191 -311191
Premium Earned (Net) 2790428 2790428 3143187 3143187
(9) FL/Credit
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 568217 568217 787250 787250
Less : Premium on reinsurance ceded 0 0 0 0
Net Premium 568217 568217 787250 787250
Adjustment for change in reserve for unexpired risks 109498 109498 10464 10464
Premium Earned (Net) 677715 677715 797714 797714
TOTAL MISCELLANEOUS
Premium from direct business written 0 0 0 0
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 20074015 20074015 17002931 17002931
Less : Premium on reinsurance ceded 385395 385395 180707 180707
Net Premium 19688620 19688620 16822224 16822224
Adjustment for change in reserve for unexpired risks -1221084 -1221084 2724752 2724752
Premium Earned (Net) 18467536 18467536 19546976 19546976
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 0 0
Add: Premium on reinsurance accepted 1234667 1234667 1292923 1292923
Less : Premium on reinsurance ceded 45295 45295 64543 64543
Net Premium 1189372 1189372 1228380 1228380
Adjustment for change in reserve for unexpired risks 64626 64626 96649 96649
Premium Earned (Net) 1253998 1253998 1325029 1325029
(2) MARINE HULL
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 1479196 1479196 2145878 2145878
Less : Premium on reinsurance ceded 199313 199313 132714 132714
Net Premium 1279883 1279883 2013164 2013164
Adjustment for change in reserve for unexpired risks 741005 741005 -702258 -702258
Premium Earned (Net) 2020888 2020888 1310906 1310906
TOTAL MARINE
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 2713863 2713863 3438801 3438801
Less : Premium on reinsurance ceded 244608 244608 197257 197257
Net Premium 2469255 2469255 3241544 3241544
Adjustment for change in reserve for unexpired risks 805631 805631 -605609 -605609
Premium Earned (Net) 3274886 3274886 2635935 2635935
D LIFE INSURANCE
Premium from direct business written
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 377123 377123 297547 297547
Less : Premium on reinsurance ceded 82749 82749 51391 51391
Net Premium 294374 294374 246156 246156
Adjustment for change in reserve for unexpired risks -180439 -180439 -87352 -87352
Premium Earned (Net) 113935 113935 158804 158804
E TOTAL ALL CLASSES
Premium from direct business written 0 0 0 0
Service Tax
Adjustment for change in reserve for unexpired risks
Gross Earned Premium 0 0 0 0
Add: Premium on reinsurance accepted 36205542 36205542 33542697 33542697
Less : Premium on reinsurance ceded 3306625 3306625 1985308 1985308
Net Premium 32898917 32898917 31557389 31557389
Adjustment for change in reserve for unexpired risks 624131 624131 1472761 1472761
Premium Earned (Net) 33523048 33523048 33030150 33030150