NL 23_April-June 2016          
             
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   April-June 2016
Name of the RI Programme - Agri Re Protection Programme ( In INR)  
S.No Reinsurance Placement No. of Reinsurers Adjustment Premium/ RI Margin paid Ceded to Reinsurers  Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  1   12.35   0.12%
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   10628.1   99.83%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2   5.56   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     10646.00   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)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2016 - 30.06.2016
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  0 - - - 0.00%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 16 - 2850.11 - 69.58%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 10 - 1087.33 - 26.54%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 0 - - - 0.00%
5 Reinsurer's with rating less than BBB 2 - 29.22 - 0.71%
6 Govt. Companies (Domestic & Foreign) 1 - 119.24 - 2.91%
7 Pools 1 - 10.31 - 0.25%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 - - - 0.00%
  Total 30   4096.21   100.00%
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2016 - 31.03.2017
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 307.74 Nil 60.00%
Nil 141.05 Nil 27.50%
Nil 64.11 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 512.90 Nil  100.00%
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   April-June 2016
Name of the RI Programme - Engineering and 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   April-June 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      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- 01.04.2016 - 30.06.2016
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           
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 9   2065.70 13.83%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 22   12103.98 81.06%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 3   325.94 2.18%
5 Reinsurer's with rating less than BBB 1   76.96 0.52%
6 Govt. Companies (Domestic & Foreign) 1   359.82 2.41%
7 Pools        
8 Other Domestic Cos. (Pvt. Domestic Cos.)        
  Total 36   14932.40 100.00%
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)     Exchange rate   
(Data is required only for Non Prop programmes)     1 USD = 67 INR  
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   April-June 2016
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   April-June 2016
Name of the RI Programme - Nuclear Pool (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   April-June 2016
Name of the RI Programme -Re takaful 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   April-June 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  
Insurer General Insurance Corporation Of India   Date- 01.04.2016 - 31.03.2017
Name of the RI Programme -Indian Market Terrorism Risk Insurance Pool (Rs. In Lakhs)  
S.No Reinsurance Placement No. of Reinsurers Premium Ceded (Deposit Premium)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) 7   947.59   14.35%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 22   2,920.76   44.22%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 7   381.37   5.77%
5 Reinsurer's with rating less than BBB 0        
6 Govt. Companies (Domestic & Foreign) 6   1,759.12   26.64%
7 Pools 1   92.77   1.40%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 8   502.79   7.61%
  Total 51   6,604.41   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)
  Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 30.06.2016
Name of the RI Programme -Domestic -  Structured Solution/Non Marine Risk/PML Error and CAT XOL 2016-17 (Rs. In Lakhs)
S.No Reinsurance Placement No. of
insurers
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) 4   9476.00   33.54%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 37   12666.85   44.83%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 12   2846.98   10.08%
5 Reinsurer's with rating less than BBB 4   1715.36   6.07%
6 Govt. Companies (Domestic & Foreign) 5   1253.99   4.44%
7 Pools 1   295.72   1.05%
8 Other Domestic Cos. (Pvt. Domestic Cos.)     0.00   0.00%
  Total 63   28254.90   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)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration          
Insurer General Insurance Corporation Of India   Date- 01.06.2016 to 31.05.2017
Name of the RI Programme - Foreign Inward XL 2016-17    
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) 2 -    1,340.24 - 3.53%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 22 -       34,532 - 90.96%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 3 -       601.36 - 1.58%
5 Reinsurer's with rating less than BBB 0 - 0.00 - 0
6 Govt. Companies (Domestic & Foreign) 3 -    1,490.94 - 3.93%
7 Pools 0 - 0.00 - 0.00%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 - 0.00 - 0.00%
  Total 30    37,964.78   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)