FORM NL-4-PREMIUM SCHEDULE |
Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA |
PREMIUM EARNED [NET] |
FOR THE PERIOD ENDED 31.12.2014 |
A |
FIRE INSURANCE |
|
|
|
(` '000) |
|
PARTICULARS |
For the quarter ending 31.12.2014 |
Up to the quarter ending 31.12.2014 |
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 |
13040128 |
37035581 |
9741522 |
34204695 |
|
Less : Premium on reinsurance ceded |
3194223 |
6394992 |
3561102 |
8528391 |
|
Net Premium |
9845905 |
30640589 |
6180420 |
25676304 |
|
Adjustment for change in reserve for unexpired risks |
-1604929 |
-1100532 |
555838 |
460637 |
|
Premium Earned (Net) |
8240976 |
29540057 |
6736258 |
26136941 |
|
|
|
|
|
|
|
|
|
|
|
|
B |
MISCELLANEOUS INSURANCE |
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|
|
(1) |
MOTOR |
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|
Premium from direct business written |
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|
|
|
Service Tax |
|
|
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
|
|
Gross Earned Premium |
0 |
0 |
0 |
0 |
|
Add: Premium on reinsurance accepted |
9123903 |
26739594 |
9271099 |
24063585 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
9123903 |
26739594 |
9271099 |
24063585 |
|
Adjustment for change in reserve for unexpired risks |
77823 |
-1365676 |
-372856 |
1829148 |
|
Premium Earned (Net) |
9201726 |
25373918 |
8898243 |
25892733 |
|
|
|
|
|
|
|
|
|
|
|
|
(2) |
AVIATION |
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|
|
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|
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 |
1988499 |
5359849 |
1575347 |
3531438 |
|
Less : Premium on reinsurance ceded |
228000 |
790256 |
250274 |
543175 |
|
Net Premium |
1760499 |
4569593 |
1325073 |
2988263 |
|
Adjustment for change in reserve for unexpired risks |
-387127 |
-827863 |
93443 |
-346770 |
|
Premium Earned (Net) |
1373372 |
3741730 |
1418516 |
2641493 |
|
|
|
|
|
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|
|
|
|
|
(3) |
ENGINEERING |
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|
Premium from direct business written |
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|
|
|
Service Tax |
|
|
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
|
|
Gross Earned Premium |
0 |
0 |
0 |
0 |
|
Add: Premium on reinsurance accepted |
1549359 |
5970139 |
2071895 |
6358535 |
|
Less : Premium on reinsurance ceded |
611446 |
797399 |
460992 |
850153 |
|
Net Premium |
937913 |
5172740 |
1610903 |
5508382 |
|
Adjustment for change in reserve for unexpired risks |
303895 |
147432 |
-223138 |
-320462 |
|
Premium Earned (Net) |
1241808 |
5320172 |
1387765 |
5187920 |
|
|
|
|
|
|
|
|
|
|
|
|
(4) |
W.C. |
|
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|
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 |
28926 |
108725 |
51485 |
167487 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
28926 |
108725 |
51485 |
167487 |
|
Adjustment for change in reserve for unexpired risks |
11271 |
29315 |
37617 |
64975 |
|
Premium Earned (Net) |
40197 |
138040 |
89102 |
232462 |
|
|
|
|
|
|
|
|
|
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|
|
(5) |
Liability |
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|
Premium from direct business written |
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|
|
Service Tax |
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|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
|
|
Gross Earned Premium |
0 |
0 |
0 |
0 |
|
Add: Premium on reinsurance accepted |
425258 |
1021154 |
233482 |
797359 |
|
Less : Premium on reinsurance ceded |
18174 |
66404 |
60836 |
125244 |
|
Net Premium |
407084 |
954750 |
172646 |
672115 |
|
Adjustment for change in reserve for unexpired risks |
-118853 |
-143629 |
139469 |
317797 |
|
Premium Earned (Net) |
288231 |
811121 |
312115 |
989912 |
|
|
|
|
|
|
|
|
|
|
|
|
(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 |
683677 |
1658639 |
1155571 |
2858233 |
|
Less : Premium on reinsurance ceded |
2571 |
7480 |
9766 |
13479 |
|
Net Premium |
681106 |
1651159 |
1145805 |
2844754 |
|
Adjustment for change in reserve for unexpired risks |
233730 |
597029 |
-1004 |
353876 |
|
Premium Earned (Net) |
914836 |
2248188 |
1144801 |
3198630 |
|
|
|
|
|
|
|
|
|
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|
(7) |
Health |
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|
Premium from direct business written |
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|
|
|
Service Tax |
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|
|
|
|
Adjustment for change in reserve for unexpired risks |
|
|
|
|
|
Gross Earned Premium |
0 |
0 |
0 |
0 |
|
Add: Premium on reinsurance accepted |
5773169 |
14435253 |
4810422 |
11442543 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
5773169 |
14435253 |
4810422 |
11442543 |
|
Adjustment for change in reserve for unexpired risks |
-549917 |
-1588486 |
115630 |
1676809 |
|
Premium Earned (Net) |
5223252 |
12846767 |
4926052 |
13119352 |
|
|
|
|
|
|
|
|
|
|
|
|
(8) |
Oth. Misc. |
|
|
|
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|
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 |
4331198 |
9403285 |
3783798 |
8969937 |
|
Less : Premium on reinsurance ceded |
1508764 |
1715247 |
418181 |
697388 |
|
Net Premium |
2822434 |
7688038 |
3365617 |
8272549 |
|
Adjustment for change in reserve for unexpired risks |
269749 |
287996 |
-518240 |
-179764 |
|
Premium Earned (Net) |
3092183 |
7976034 |
2847377 |
8092785 |
|
|
|
|
|
|
|
|
|
|
|
|
(9) |
FL/Credit |
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|
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|
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 |
587838 |
1521081 |
593509 |
1912235 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
587838 |
1521081 |
593509 |
1912235 |
|
Adjustment for change in reserve for unexpired risks |
2959 |
195628 |
49267 |
57225 |
|
Premium Earned (Net) |
590797 |
1716709 |
642776 |
1969460 |
|
|
|
|
|
|
|
|
|
|
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|
|
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 |
24491827 |
66217719 |
23546608 |
60101352 |
|
Less : Premium on reinsurance ceded |
2368955 |
3376786 |
1200049 |
2229439 |
|
Net Premium |
22122872 |
62840933 |
22346559 |
57871913 |
|
Adjustment for change in reserve for unexpired risks |
-156470 |
-2668254 |
-679812 |
3452833 |
|
Premium Earned (Net) |
21966402 |
60172679 |
21666747 |
61324746 |
|
|
|
|
|
|
|
|
|
|
|
|
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 |
870219 |
2706658 |
1054045 |
3325817 |
|
Less : Premium on reinsurance ceded |
133613 |
224126 |
121474 |
305118 |
|
Net Premium |
736606 |
2482532 |
932571 |
3020699 |
|
Adjustment for change in reserve for unexpired risks |
178095 |
516561 |
311230 |
670457 |
|
Premium Earned (Net) |
914701 |
2999093 |
1243801 |
3691156 |
|
|
|
|
|
|
|
|
|
|
|
|
(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 |
1559200 |
5971601 |
1261909 |
5008608 |
|
Less : Premium on reinsurance ceded |
557518 |
954094 |
167445 |
685855 |
|
Net Premium |
1001682 |
5017507 |
1094464 |
4322753 |
|
Adjustment for change in reserve for unexpired risks |
97255 |
-671621 |
465515 |
57119 |
|
Premium Earned (Net) |
1098937 |
4345886 |
1559979 |
4379872 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
2429419 |
8678259 |
2315954 |
8334425 |
|
Less : Premium on reinsurance ceded |
691131 |
1178220 |
288919 |
990973 |
|
Net Premium |
1738288 |
7500039 |
2027035 |
7343452 |
|
Adjustment for change in reserve for unexpired risks |
275350 |
-155060 |
776745 |
727576 |
|
Premium Earned (Net) |
2013638 |
7344979 |
2803780 |
8071028 |
|
|
|
|
|
|
|
|
|
|
|
|
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 |
353518 |
1128435 |
458767 |
911954 |
|
Less : Premium on reinsurance ceded |
72468 |
283905 |
80030 |
196678 |
|
Net Premium |
281050 |
844530 |
378737 |
715276 |
|
Adjustment for change in reserve for unexpired risks |
256916 |
107851 |
-54927 |
-145934 |
|
Premium Earned (Net) |
537966 |
952381 |
323810 |
569342 |
|
|
|
|
|
|
|
|
|
|
|
|
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 |
40314892 |
113059994 |
36062851 |
103552426 |
|
Less : Premium on reinsurance ceded |
6326777 |
11233903 |
5130100 |
11945481 |
|
Net Premium |
33988115 |
101826091 |
30932751 |
91606945 |
|
Adjustment for change in reserve for unexpired risks |
-1229133 |
-3815995 |
597844 |
4495111 |
|
Premium Earned (Net) |
32758982 |
98010096 |
31530595 |
96102056 |