NL 23_1 st APR 15 - 30 June 15
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date- 01.06.2015  to 31.05.2016
Name of the RI Programme -Domestic -  Structured Solution/Non Marine Risk/PML Error and CAT XOL 2015-16 (Rs. In Lakhs)
Sr.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  0 0 0
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 5 1221.163125 2.935379
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 47 17876.90473 42.97173
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 7 826.02363 1.98556
5 Reinsurer's with rating less than BBB 1 39.23813 0.094319
6 Govt. Companies (Domestic & Foreign) 3 662.84063 1.593308
7 Pools 2 416.0155 1
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 0
Total 65 21042.18575 50.58029
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme - Aviation Reinsurance Programme 2015-16 (Rs. In Lakhs)
  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  0 - 0 - #DIV/0!
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 7 - 513.9025 - #DIV/0!
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 27 - 5140.203675 - #DIV/0!
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 3 - 134.51759 - #DIV/0!
5 Reinsurer's with rating less than BBB 2 - 6.62904 - #DIV/0!
6 Govt. Companies (Domestic & Foreign) 1 - 96.888195 - #DIV/0!
7 Pools 0 - 0 - #DIV/0!
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 - 0 - #DIV/0!
Total 40 5892.141 #DIV/0!
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme - Engg. & Large Risk 2015-16 (Rs. In Lakhs)
Sr.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
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date- 01.06.2015  to 31.05.2016
Name of the RI Programme - Foreign Inward XL 2015-16 (Rs. In Lakhs)
Sr.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  0 - 0 - 0
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 7 - 11065.67889 - 0.385249
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 17 - 15716.47869 - 0.547166
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2 - 679.0399635 - 0.023641
5 Reinsurer's with rating less than BBB 1 - 142.1975625 - 0.004951
6 Govt. Companies (Domestic & Foreign) 4 - 1120.048377 - 0.038994
7 Pools 0 - 0 - 0
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 - 0 - 0
Total 31 28723.44348 1
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme - Marine Cargo 2015-16 (Rs. In Lakhs)
Sr.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
PERIODIC DISCLOSURES
Form NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation of India Date-April-June2015
Name of the RI Programme -RIWW Rs. In Lakhs
Reinsurance Risk Concentration
Sr.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
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme -GIC PA Excess of Loss 2015-16 (Miscellaneous) (Rs. In Lakhs)
Sr.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 
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 1 17.997 0.35
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 7 30.852 0.6
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 1 2.571 0.05
5 Reinsurer's with rating less than BBB
6 Govt. Companies (Domestic & Foreign)
7 Pools
8 Other Domestic Cos. (Pvt. Domestic Cos.)
Total 9 51.42 1
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme -  M&E XOL , IHC XOL and Structured Solution (Marine & Energy) (Rs. In Lakhs)
Sr.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  1 552 0.046379
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 4 517 0.043438
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 24 9792 0.822719
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 5 696 0.058478
5 Reinsurer's with rating less than BBB 1 58 0.004873
6 Govt. Companies (Domestic & Foreign) 1 287 0.024114
7 Pools
8 Other Domestic Cos. (Pvt. Domestic Cos.)
Total 36 11902 1
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme - LIABILITY (Rs. In Lakhs)
Sr.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
Periodic Disclosures 
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme - Marine Hull (Rs. In Lakhs)
Sr.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
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date- 01.04.2015  to 31.03.2016
Name of the RI Programme -Indian Market Terrorism Risk Insurance Pool (Rs. In Lakhs)
Sr.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  0
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 4 2526.52 23.15784
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 20 1846.08 16.92099
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 6 415.34 3.806966
5 Reinsurer's with rating less than BBB 0 0
6 Govt. Companies (Domestic & Foreign) 6 2030.79 18.61402
7 Pools 1 109.1 1
8 Other Domestic Cos. (Pvt. Domestic Cos.) 7 581.87 5.333364
Total 44 7509.7 68.83318
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme -Retakaful Department
Sr.No Reinsurance Placement No. of Reinsurers Adjustment Premium/ RI Margin paid/Additional MDP Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  1 0 0 0 0
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) 5 0 0 0 0
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 0 0 0 0 0
5 Reinsurer's with rating less than BBB 0 0 0 0
6 Govt. Companies (Domestic & Foreign) 0 0 0 0
7 Pools 0 0 0 0
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 0 0 0
Total 0
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India Date-April-June2015
Name of the RI Programme - Agri Re Protection Programme (Rs. In Lakhs)
Sr.No Reinsurance Placement No. of Reinsurers Adjustment Premium/ RI Margin paid/Additional MDP Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  1 56.58 0.193383
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) 5 218.53 0.746907
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2 17.47 0.05971
5 Reinsurer's with rating less than BBB
6 Govt. Companies (Domestic & Foreign)
7 Pools
8 Other Domestic Cos. (Pvt. Domestic Cos.)
Total 292.58 1