| FORM NL-6-COMMISSION SCHEDULE |
| Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA |
| FOR THE PERIOD ENDED 31.03.2015 |
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(Rs '000) |
Sr. No.
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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 |
| A |
FIRE INSURANCE |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
2789936 |
9831772 |
3033927 |
9899411 |
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Less: Commission on Re-insurance Ceded |
62006 |
173172 |
2385168 |
2493752 |
|
Net Commission |
2727930 |
9658600 |
648759 |
7405659 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| B |
MISCELLANEOUS INSURANCE |
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| (1) |
MOTOR |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
1455769 |
6499826 |
1207071 |
5618326 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
0 |
0 |
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Net Commission |
1455769 |
6499826 |
1207071 |
5618326 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (2) |
AVIATION |
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Commission paid |
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Direct |
-78261 |
-78261 |
36338 |
36338 |
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Add: Re-insurance Accepted |
190657 |
955853 |
109759 |
595046 |
|
Less: Commission on Re-insurance Ceded |
-32568 |
583 |
|
106684 |
|
Net Commission |
144964 |
877009 |
146097 |
524700 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (3) |
ENGINEERING |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
538615 |
1971232 |
620071 |
2272483 |
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Less: Commission on Re-insurance Ceded |
20 |
3506 |
76342 |
85767 |
|
Net Commission |
538595 |
1967726 |
543729 |
2186716 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (4) |
W.C. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
10609 |
27023 |
6719 |
29547 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
0 |
0 |
|
Net Commission |
10609 |
27023 |
6719 |
29547 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (5) |
Liability |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
29503 |
190262 |
28018 |
167540 |
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Less: Commission on Re-insurance Ceded |
523 |
2094 |
358 |
1429 |
|
Net Commission |
28980 |
188168 |
27660 |
166111 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (6) |
P.A. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
208971 |
561284 |
168239 |
694423 |
|
Less: Commission on Re-insurance Ceded |
0 |
1580 |
779 |
804 |
|
Net Commission |
208971 |
559704 |
167460 |
693619 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (7) |
Health |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
1277159 |
3699443 |
871206 |
2784694 |
|
Less: Commission on Re-insurance Ceded |
0 |
0 |
0 |
0 |
|
Net Commission |
1277159 |
3699443 |
871206 |
2784694 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (8) |
Oth. Misc. |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
457763 |
2050405 |
822150 |
2549192 |
|
Less: Commission on Re-insurance Ceded |
0 |
1478 |
35513 |
37056 |
|
Net Commission |
457763 |
2048927 |
786637 |
2512136 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (9) |
FL/Cr |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
-58032 |
255207 |
58925 |
488164 |
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Less: Commission on Re-insurance Ceded |
0 |
0 |
0 |
0 |
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Net Commission |
-58032 |
255207 |
58925 |
488164 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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TOTAL MISCELLANEOUS |
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Commission paid |
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Direct |
-78261 |
-78261 |
36338 |
36338 |
|
Add: Re-insurance Accepted |
4111014 |
16210535 |
3892158 |
15199415 |
|
Less: Commission on Re-insurance Ceded |
-32025 |
9241 |
112992 |
231740 |
|
Net Commission |
4064778 |
16123033 |
3815504 |
15004013 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| C |
MARINE INSURANCE |
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| (1) |
MARINE CARGO |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
301196 |
895008 |
220099 |
1025423 |
|
Less: Commission on Re-insurance Ceded |
0 |
34 |
22543 |
22646 |
|
Net Commission |
301196 |
894974 |
197556 |
1002777 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| (2) |
MARINE HULL |
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Commission paid |
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Direct |
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Add: Re-insurance Accepted |
226051 |
1166143 |
293931 |
1238640 |
|
Less: Commission on Re-insurance Ceded |
22242 |
77658 |
138801 |
213875 |
|
Net Commission |
203809 |
1088485 |
155130 |
1024765 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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TOTAL MARINE |
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Commission paid |
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Direct |
0 |
0 |
0 |
0 |
|
Add: Re-insurance Accepted |
527247 |
2061151 |
514030 |
2264063 |
|
Less: Commission on Re-insurance Ceded |
22242 |
77692 |
161344 |
236521 |
|
Net Commission |
505005 |
1983459 |
352686 |
2027542 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| D |
LIFE INSURANCE |
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Commission paid |
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|
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|
Direct |
|
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|
Add: Re-insurance Accepted |
21856 |
77432 |
2103 |
52652 |
|
Less: Commission on Re-insurance Ceded |
0 |
0 |
0 |
0 |
|
Net Commission |
21856 |
77432 |
2103 |
52652 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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Agents |
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Brokers |
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Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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| E |
TOTAL ALL CLASSES |
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Commission paid |
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|
Direct |
-78261 |
-78261 |
36338 |
36338 |
|
Add: Re-insurance Accepted |
7450053 |
28180890 |
7442218 |
27415541 |
|
Less: Commission on Re-insurance Ceded |
52223 |
260105 |
2659504 |
2962013 |
|
Net Commission |
7319569 |
27842524 |
4819052 |
24489866 |
|
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: |
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|
Agents |
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Brokers |
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|
Corporate Agency |
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Referral |
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Others (pl. specify) |
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TOTAL (B) |
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|