FORM NL-26 - CLAIMS INFORMATION - KG Table I gic-logo-final
Insurer : General Insurance Corporation of India
Solvency for the period ended 31 March 2016
Required solvency margin based on net premium and net incurred claims
(` in Lacs)
Item No. Description PREMIUM  CLAIM RSM-1 RSM-2 RSM
Gross  Premium Net  Premium Gross incurred claim Net incurred Claim
1 Fire 6476 12.47 5130 64.54 4571 47.99 3449 21.71 1026 12.91 1034 76.51 1034 76.51
2 Misc - Motor 4488 29.12 4488 29.12 3899 33.91 3899 16.78 897 65.82 1169 75.03 1169 75.03
3 Misc - Aviation 453 17.48 355 76.19 537 05.60 378 62.89 81 57.15 145 00.51 145 00.51
4 Misc - Engg 890 60.26 766 05.67 688 06.97 686 84.94 153 21.13 206 05.48 206 05.48
5 Misc - W.C. 25 35.26 25 35.26 13 87.20 13 87.20 5 07.05 4 16.16 5 07.05
6 Misc - Liability 150 52.96 141 62.49 71 44.06 58 35.62 28 32.50 18 21.74 28 32.50
7 Misc - P.A. 380 51.89 380 00.47 371 94.34 371 94.34 76 00.09 111 58.30 111 58.30
8 Misc - Health 2504 18.95 2504 18.95 2127 19.74 2127 19.74 500 83.79 638 15.92 638 15.92
9 Misc - Oth. Misc. 1646 33.29 1408 14.17 1731 55.11 1605 48.52 281 62.83 481 64.56 481 64.56
10 Misc - FL/Cr. 176 66.95 131 66.95 270 85.17 270 85.17 26 33.39 81 25.55 81 25.55
11 Marine - Cargo 337 75.51 299 71.49 317 43.78 308 85.92 59 94.30 92 65.77 92 65.77
12 Marine - Hull 675 62.27 553 07.34 505 93.32 417 33.60 110 61.47 125 20.08 125 20.08
13 Life 230 64.78 190 25.81 208 79.76 169 99.60 38 05.16 50 99.88 50 99.88
  Total 18435 81.20 16374 78.47 15314 96.96 13757 76.05 3285 37.60 4159 45.51 4170 47.16
Solvency for the period ended 31 March 2015
Required solvency margin based on net premium and net incurred claims
(` in Lacs)
Item No. Description PREMIUM  CLAIM RSM-1 RSM-2 RSM
Gross  Premium Net  Premium Gross incurred claim Net incurred Claim
1 Fire 1995 91.55 1006 11.90 2371 88.61 1650 33.01 201 22.38 495 09.90 495 09.90
2 Misc - Motor 2835 29.44 2835 29.44 3017 36.34 3017 36.34 567 05.89 905 20.90 905 20.90
3 Misc - Aviation -81 63.23 -108 11.66 188 83.53 88 40.03 -14 69.38 50 98.55 50 98.55
4 Misc - Engg 540 53.29 431 14.70 375 00.10 373 78.07 86 22.94 112 13.42 112 13.42
5 Misc - W.C. 24 21.90 24 21.90 10 61.38 10 61.38 4 84.38 3 18.41 4 84.38
6 Misc - Liability 63 74.66 53 62.22 50 47.98 17 37.80 10 83.69 12 87.23 12 87.23
7 Misc - P.A. 320 98.43 320 32.25 172 49.34 172 49.34 64 06.45 51 74.80 64 06.45
8 Misc - Health 1361 94.65 1361 94.65 1348 81.57 1348 81.57 272 38.93 404 64.47 404 64.47
9 Misc - Oth. Misc. 1512 05.09 1361 65.40 1637 11.50 1511 04.91 272 33.08 453 31.47 453 31.47
10 Misc - FL/Cr. 265 75.38 220 75.38 241 34.43 241 34.43 44 15.08 72 40.33 72 40.33
11 Marine - Cargo 182 23.75 157 48.50 153 33.10 144 94.33 31 49.70 43 48.30 43 48.30
12 Marine - Hull 145 45.86 109 36.81 128 69.82 74 08.03 21 87.36 22 22.41 22 22.41
13 Life 159 00.10 127 58.81 138 22.55 107 15.35 25 51.76 32 14.60 32 14.60
  Total 9325 50.86 7901 40.32 9834 20.25 8757 74.60 1587 32.26 2659 44.82 2673 42.43