NL 23 July - September 2014
PERIODIC DISCLOSURES
Form NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation of India Date- 08/12/2014
Name of the RI Programme - Aviation Reinsurance Programme - 2014-15 Rs. In Lakhs
Reinsurance Risk Concentration
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA

NIL


2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)




3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total












Name of the RI Programme - Engg. & Large Risk 2014-15 (Rs. In Lakhs)

S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA

NIL


2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)




3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total





Name of the RI Programme - Marine Cargo 2014-15 (Rs. In Lakhs)

S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA

NIL


2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)



3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)



4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)



5 Reinsurer's with rating less than BBB



6 Govt. Companies (Domestic & Foreign)



7 Pools



8 Other Domestic Cos. (Pvt. Domestic Cos.)




Total



9 Total 0
-










Name of the RI Programme -RIWW Rs. In Lakhs
Reinsurance Risk Concentration

S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA

NIL


2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)




3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total












Name of the RI Programme -GIC PA Excess of Loss 2014-15 (Miscellaneous) (Rs. In Lakhs)


S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs)
Proportional Non-Proportional Facultative Premium Ceded to Reinsurers (%)
1 Reinsurer's with rating of AAA

NIL
 
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)




3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total












Name of the RI Programme -Marine & Energy XOL 2014-15 (Rs. In Lakhs)


S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA

NIL


2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)




3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total












Name of the RI Programme - LIABILITY (Rs. In Lakhs)


S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA

NIL


2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)




3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total













Department → Property & Engineering (Non-Marine)













Name of the RI Programme - Structured Solutions 2014-15 (Rs. In Lakhs)

S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional Non-Proportional Facultative
1 Reinsurer's with rating of AAA


NIL

2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 3
5,287.125 11.50%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)




4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)




5 Reinsurer's with rating less than BBB




6 Govt. Companies (Domestic & Foreign)




7 Pools




8 Other Domestic Cos. (Pvt. Domestic Cos.)





Total

5,287.125 11.50%








(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)