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)  
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  0   0.00000   0.00%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 5   1221.16313   5.80%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 47   17876.90473   84.96%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 7   826.02363   3.93%
5 Reinsurer's with rating less than BBB 1   39.23813   0.19%
6 Govt. Companies (Domestic & Foreign) 3   662.84063   3.15%
7 Pools 2   416.01550   1.98%
8 Other Domestic Cos. (Pvt. Domestic Cos.)     0.00   0.00%
  Total 65   21042.18575   100.00%
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)  
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  0 -                          -   - 0.00%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 7 -                   513.90 - 8.72%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 27 -                 5,140.20 - 87.24%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 3 -                  134.52 - 2.28%
5 Reinsurer's with rating less than BBB 2 -                       6.63 - 0.11%
6 Govt. Companies (Domestic & Foreign) 1 -                     96.89 - 1.64%
7 Pools 0 -                          -   - 0.00%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 -                          -   - 0.00%
  Total 40                   5,892.14   100.00%
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date-April 15 - March 2016
Name of the RI Programme - Engg. & Large Risk 2015-16 (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   Date- 01.06.2015  to 31.05.2016
Name of the RI Programme - Foreign Inward XL 2015-16 (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  0 - 0.00 - 0.00%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 7 - 11065.67889 - 38.52%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 17 - 15716.48 - 54.72%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2 - 679.04 - 2.36%
5 Reinsurer's with rating less than BBB 1 - 142.20 - 0.50%
6 Govt. Companies (Domestic & Foreign) 4 - 1120.05 - 3.90%
7 Pools 0 - 0 - 0.00%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 - 0 - 0.00%
  Total 31   28723.44   100.00%
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)    
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) 1                       18.00   35.00%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 7                       30.85   60.00%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 1                         2.57   5.00%
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   100.00%
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)  
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  1                     552.00   4.64%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 4                     517.00   4.34%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 24                   9,792.00   82.27%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 5                     696.00   5.85%
5 Reinsurer's with rating less than BBB 1                       58.00   0.49%
6 Govt. Companies (Domestic & Foreign) 1                     287.00   2.41%
7 Pools          
8 Other Domestic Cos. (Pvt. Domestic Cos.)          
  Total 36                 11,902.00   100.00%
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)  
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  0        
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 4   2526.52   33.64%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 20   1846.08   24.58%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 6   415.34   5.53%
5 Reinsurer's with rating less than BBB 0       0.00%
6 Govt. Companies (Domestic & Foreign) 6   2030.79   27.04%
7 Pools 1   109.10   1.45%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 7   581.87   7.75%
  Total 44   7509.70   100.00%
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2015 - 31.03.2016
Name of the RI Programme - Structured Solutions 14-17 -Section 4 Credit Excess Of Loss  (Rs. In Lakhs) R.I Margin-11.5%
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 Nil 310.50 Nil 60.00%
Nil 142.31 Nil 27.50%
Nil 64.69 Nil 12.50%
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 Nil 517.50 Nil  100.00%
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Jan-March 2016
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   114.45*   100.00%
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     114.45*   100.00%
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date-April 15 - March 2016
Name of the RI Programme - RIWW (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  April 2015-March 2016  
Insurer General Insurance Corporation Of India   13.7.2016
Name of the RI Programme - Agri Re Protection 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  1   56.58   4.67%
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   1136.2   93.88%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2   17.47   1.44%
5 Reinsurer's with rating less than BBB          
6 Govt. Companies (Domestic & Foreign)          
7 Pools          
8 Other Domestic Cos. (Pvt. Domestic Cos.)          
  Total     1210.28   100.00%
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)  
(Data is required only for Non Prop programmes)
Note : Kindly note that the figures given above are consolidated from the quaterly  forms sent by the respective reinsurance desks