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)
  PARTICULARS For the year ended 31.03.2015 For the year ended 31.03.2014

Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 47016449 49985303

Less : Premium on reinsurance ceded 7616664 10199605

Net Premium 39399785 39785698

Adjustment for change in reserve for unexpired risks 287326 -3255596

Premium Earned (Net) 39687111 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

Add: Premium on reinsurance accepted 38522946 34329669

Less : Premium on reinsurance ceded 0 0

Net Premium 38522946 34329669

Adjustment for change in reserve for unexpired risks -2032288 3882760

Premium Earned (Net) 36490658 38212429








(2) AVIATION


Premium from direct business written
0

Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0

Add: Premium on reinsurance accepted 6863948 4263961

Less : Premium on reinsurance ceded 961890 762096

Net Premium 5902058 3501865

Adjustment for change in reserve for unexpired risks -1179865 17449

Premium Earned (Net) 4722193 3519314








(3) ENGINEERING


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 7958220 8592130

Less : Premium on reinsurance ceded 854396 930689

Net Premium 7103824 7661441

Adjustment for change in reserve for unexpired risks 281556 -497313

Premium Earned (Net) 7385380 7164128








(4) W.C.


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 182702 242956

Less : Premium on reinsurance ceded 0 0

Net Premium 182702 242956

Adjustment for change in reserve for unexpired risks 30085 92523

Premium Earned (Net) 212787 335479








(5) Liability


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 1153477 1005155

Less : Premium on reinsurance ceded 116619 128815

Net Premium 1036858 876340

Adjustment for change in reserve for unexpired risks -80778 188375

Premium Earned (Net) 956080 1064715








(6) PA


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 2691267 3797647

Less : Premium on reinsurance ceded 11685 13161

Net Premium 2679582 3784486

Adjustment for change in reserve for unexpired risks 559125 672251

Premium Earned (Net) 3238707 4456737








(7) Health


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 21049810 16451251

Less : Premium on reinsurance ceded 0 0

Net Premium 21049810 16451251

Adjustment for change in reserve for unexpired risks -2383824 2131944

Premium Earned (Net) 18665986 18583195








(8) Oth. Misc.


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 12349017 13476401

Less : Premium on reinsurance ceded 1772572 894629

Net Premium 10576445 12581772

Adjustment for change in reserve for unexpired risks 1007847 -349977

Premium Earned (Net) 11584292 12231795








(9) FL/Credit


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 1455353 2544703

Less : Premium on reinsurance ceded 0 0

Net Premium 1455353 2544703

Adjustment for change in reserve for unexpired risks 545079 117402

Premium Earned (Net) 2000432 2662105









TOTAL MISCELLANEOUS


Premium from direct business written 0 0

Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 92226740 84703873

Less : Premium on reinsurance ceded 3717162 2729390

Net Premium 88509578 81974483

Adjustment for change in reserve for unexpired risks -3253063 6255414

Premium Earned (Net) 85256515 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

Add: Premium on reinsurance accepted 3806211 4165491

Less : Premium on reinsurance ceded 277104 394369

Net Premium 3529107 3771122

Adjustment for change in reserve for unexpired risks 228826 610545

Premium Earned (Net) 3757933 4381667








(2) MARINE HULL


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 7217036 6689520

Less : Premium on reinsurance ceded 1282284 1102953

Net Premium 5934752 5586567

Adjustment for change in reserve for unexpired risks -358096 299911

Premium Earned (Net) 5576656 5886478









TOTAL MARINE


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 11023247 10855011

Less : Premium on reinsurance ceded 1559388 1497322

Net Premium 9463859 9357689

Adjustment for change in reserve for unexpired risks -129270 910456

Premium Earned (Net) 9334589 10268145








D LIFE INSURANCE


Premium from direct business written


Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 1573224 1256976

Less : Premium on reinsurance ceded 376312 248684

Net Premium 1196912 1008292

Adjustment for change in reserve for unexpired risks 107396 51696

Premium Earned (Net) 1304308 1059988








E TOTAL ALL CLASSES


Premium from direct business written 0 0

Service Tax


Adjustment for change in reserve for unexpired risks


Gross Earned Premium 0 0

Add: Premium on reinsurance accepted 151839660 146801163

Less : Premium on reinsurance ceded 13269526 14675001

Net Premium 138570134 132126162

Adjustment for change in reserve for unexpired risks -2987611 3961970

Premium Earned (Net) 135582523 136088132