NL 23_July-Sept 2015
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India July-Sept 2015
Name of the RI Programme - Aviation Reinsurance Programme  (Rs. In Lakhs)
S.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 July-Sept 2015
Name of the RI Programme - Engg. & Large Risk  (Rs. In Lakhs)
S.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 July-Sept 2015
Name of the RI Programme - Marine Hull  (Rs. In Lakhs)
S.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 July-Sept 2015
Name of the RI Programme - Marine Cargo  (Rs. In Lakhs)
S.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 0
PERIODIC DISCLOSURES
Form NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation of India July-Sept 2015
Name of the RI Programme -RIWW Rs. In Lakhs
Reinsurance Risk Concentration
S.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 July-Sept 2015
Name of the RI Programme - Miscellaneous (Rs. In Lakhs)
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs)
Proportional  Non-Proportional Facultative Premium Ceded to Reinsurers (%)
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 July-Sept 2015
Name of the RI Programme -Marine & Energy XOL  (Rs. In Lakhs)
S.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 July-Sept 2015
Name of the RI Programme - LIABILITY (Rs. In Lakhs)
S.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)
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 3 90.35 100%
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 3 90.35* 100%
* Protection has been ceded to Structured Solutions 2014-15 and the amount shown is the margin of 11.5%
Department →  Property & Engineering (Non-Marine)
Periodic Disclosures 
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India July-Sept 2015
Name of the RI Programme - Re Takaful (Rs. In Lakhs)
S.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
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures 
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India July-Sept 2015
Name of the RI Programme -Agriculture (Rs. In Lakhs)
S.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
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures 
FORM NL-23 Reinsurance Risk Concentration
Insurer General Insurance Corporation Of India July-Sept 2015
Name of the RI Programme - Nuclear Pool (Rs. In Lakhs)
S.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
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
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)
S.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 19.34
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 74.69
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2 17.47 5.97
5 Reinsurer's with rating less than BBB
6 Govt. Companies (Domestic & Foreign)
7 Pools
8 Other Domestic Cos. (Pvt. Domestic Cos.)
Total 292.58 100%