| FORM NL-4-PREMIUM SCHEDULE |
| Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA |
| PREMIUM EARNED [NET] |
| FOR THE PERIOD ENDED 31.03.2015 |
| A |
FIRE INSURANCE |
|
|
|
(` '000) |
Sr No.
|
PARTICULARS |
For the quarter ending 31.03.2015 |
Up to the quarter ending 31.03.2015 |
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 |
9980868 |
47016449 |
15780608 |
49985303 |
|
Less : Premium on reinsurance ceded |
1221672 |
7616664 |
1671214 |
10199605 |
|
Net Premium |
8759196 |
39399785 |
14109394 |
39785698 |
|
Adjustment for change in reserve for unexpired risks |
1387858 |
287326 |
-3716233 |
-3255596 |
|
Premium Earned (Net) |
10147054 |
39687111 |
10393161 |
36530102 |
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
11783352 |
38522946 |
10266084 |
34329669 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
11783352 |
38522946 |
10266084 |
34329669 |
|
Adjustment for change in reserve for unexpired risks |
-666612 |
-2032288 |
2053612 |
3882760 |
|
Premium Earned (Net) |
11116740 |
36490658 |
12319696 |
38212429 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
1504099 |
6863948 |
732523 |
4263961 |
|
Less : Premium on reinsurance ceded |
171634 |
961890 |
218921 |
762096 |
|
Net Premium |
1332465 |
5902058 |
513602 |
3501865 |
|
Adjustment for change in reserve for unexpired risks |
-352002 |
-1179865 |
364219 |
17449 |
|
Premium Earned (Net) |
980463 |
4722193 |
877821 |
3519314 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
1988081 |
7958220 |
2233595 |
8592130 |
|
Less : Premium on reinsurance ceded |
56997 |
854396 |
80536 |
930689 |
|
Net Premium |
1931084 |
7103824 |
2153059 |
7661441 |
|
Adjustment for change in reserve for unexpired risks |
134124 |
281556 |
-176851 |
-497313 |
|
Premium Earned (Net) |
2065208 |
7385380 |
1976208 |
7164128 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
73977 |
182702 |
75469 |
242956 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
73977 |
182702 |
75469 |
242956 |
|
Adjustment for change in reserve for unexpired risks |
770 |
30085 |
27548 |
92523 |
|
Premium Earned (Net) |
74747 |
212787 |
103017 |
335479 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
132323 |
1153477 |
207796 |
1005155 |
|
Less : Premium on reinsurance ceded |
50215 |
116619 |
3571 |
128815 |
|
Net Premium |
82108 |
1036858 |
204225 |
876340 |
|
Adjustment for change in reserve for unexpired risks |
62851 |
-80778 |
-129422 |
188375 |
|
Premium Earned (Net) |
144959 |
956080 |
74803 |
1064715 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
1032628 |
2691267 |
939414 |
3797647 |
|
Less : Premium on reinsurance ceded |
4205 |
11685 |
-318 |
13161 |
|
Net Premium |
1028423 |
2679582 |
939732 |
3784486 |
|
Adjustment for change in reserve for unexpired risks |
-37904 |
559125 |
318375 |
672251 |
|
Premium Earned (Net) |
990519 |
3238707 |
1258107 |
4456737 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
6614557 |
21049810 |
5008708 |
16451251 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
6614557 |
21049810 |
5008708 |
16451251 |
|
Adjustment for change in reserve for unexpired risks |
-795338 |
-2383824 |
455135 |
2131944 |
|
Premium Earned (Net) |
5819219 |
18665986 |
5463843 |
18583195 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
2945732 |
12349017 |
4506464 |
13476401 |
|
Less : Premium on reinsurance ceded |
57325 |
1772572 |
197241 |
894629 |
|
Net Premium |
2888407 |
10576445 |
4309223 |
12581772 |
|
Adjustment for change in reserve for unexpired risks |
719851 |
1007847 |
-170213 |
-349977 |
|
Premium Earned (Net) |
3608258 |
11584292 |
4139010 |
12231795 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
-65728 |
1455353 |
632468 |
2544703 |
|
Less : Premium on reinsurance ceded |
0 |
0 |
0 |
0 |
|
Net Premium |
-65728 |
1455353 |
632468 |
2544703 |
|
Adjustment for change in reserve for unexpired risks |
349451 |
545079 |
60177 |
117402 |
|
Premium Earned (Net) |
283723 |
2000432 |
692645 |
2662105 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
26009021 |
92226740 |
24602521 |
84703873 |
|
Less : Premium on reinsurance ceded |
340376 |
3717162 |
499951 |
2729390 |
|
Net Premium |
25668645 |
88509578 |
24102570 |
81974483 |
|
Adjustment for change in reserve for unexpired risks |
-584809 |
-3253063 |
2802580 |
6255414 |
|
Premium Earned (Net) |
25083836 |
85256515 |
26905150 |
88229897 |
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
1099553 |
3806211 |
839674 |
4165491 |
|
Less : Premium on reinsurance ceded |
52978 |
277104 |
89251 |
394369 |
|
Net Premium |
1046575 |
3529107 |
750423 |
3771122 |
|
Adjustment for change in reserve for unexpired risks |
-287735 |
228826 |
-59912 |
610545 |
|
Premium Earned (Net) |
758840 |
3757933 |
690511 |
4381667 |
|
|
|
|
|
|
|
|
|
|
|
|
| (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 |
1245435 |
7217036 |
1680912 |
6689520 |
|
Less : Premium on reinsurance ceded |
328190 |
1282284 |
417098 |
1102953 |
|
Net Premium |
917245 |
5934752 |
1263814 |
5586567 |
|
Adjustment for change in reserve for unexpired risks |
313525 |
-358096 |
242792 |
299911 |
|
Premium Earned (Net) |
1230770 |
5576656 |
1506606 |
5886478 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
2344988 |
11023247 |
2520586 |
10855011 |
|
Less : Premium on reinsurance ceded |
381168 |
1559388 |
506349 |
1497322 |
|
Net Premium |
1963820 |
9463859 |
2014237 |
9357689 |
|
Adjustment for change in reserve for unexpired risks |
25790 |
-129270 |
182880 |
910456 |
|
Premium Earned (Net) |
1989610 |
9334589 |
2197117 |
10268145 |
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
444789 |
1573224 |
345022 |
1256976 |
|
Less : Premium on reinsurance ceded |
92407 |
376312 |
52006 |
248684 |
|
Net Premium |
352382 |
1196912 |
293016 |
1008292 |
|
Adjustment for change in reserve for unexpired risks |
-455 |
107396 |
197632 |
51696 |
|
Premium Earned (Net) |
351927 |
1304308 |
490648 |
1059988 |
|
|
|
|
|
|
|
|
|
|
|
|
| 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 |
38779666 |
151839660 |
43248737 |
146801163 |
|
Less : Premium on reinsurance ceded |
2035623 |
13269526 |
2729520 |
14675001 |
|
Net Premium |
36744043 |
138570134 |
40519217 |
132126162 |
|
Adjustment for change in reserve for unexpired risks |
828384 |
-2987611 |
-533141 |
3961970 |
|
Premium Earned (Net) |
37572427 |
135582523 |
39986076 |
136088132 |