FORM NL-5 - CLAIMS SCHEDULE |
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
CLAIMS INCURRED [NET] |
FOR THE PERIOD ENDED 31.12.2016 |
|
|
|
|
|
( '000) |
|
PARTICULARS |
For the quarter ending 31.12.2016 |
Up to the quarter ending 31.12.2016 |
For the corresponding quarter of the preceeding year |
Up to the Quarter of the prceeding year |
A |
FIRE INSURANCE |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
9851 922 |
27353 437 |
8610 617 |
26577 887 |
|
Less :Re-insurance Ceded to claims paid |
2687 573 |
5011 778 |
253 934 |
5635 915 |
|
Net Claims Paid |
7164 349 |
22341 659 |
#VALUE! |
20941 972 |
|
Add : Claims Outstanding at the end of the year |
3134 702 |
85473 291 |
2668 473 |
80287 085 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
73001 061 |
0 |
67582 224 |
|
Total Claims Incurred |
10299 051 |
34813 889 |
#VALUE! |
33646 833 |
|
|
|
|
|
|
|
|
|
|
|
|
B |
MISCELLANEOUS INSURANCE |
|
|
|
|
(1) |
MOTOR |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
10458 672 |
24923 089 |
5226 105 |
18923 243 |
|
Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
|
Net Claims Paid |
10458 672 |
24923 089 |
0 |
18923 243 |
|
Add : Claims Outstanding at the end of the year |
7915 637 |
74075 746 |
2188 692 |
54504 930 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
61161 102 |
0 |
51587 884 |
|
Total Claims Incurred |
18374 309 |
37837 733 |
2188 692 |
21840 289 |
|
|
|
|
|
|
|
|
|
|
|
|
(2) |
AVIATION |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
- 10 |
- 10 |
-5 215 |
-11 700 |
|
Add :Re-insurance accepted to direct claims |
1088 234 |
4396 623 |
759 246 |
2338 956 |
|
Less :Re-insurance Ceded to claims paid |
138 452 |
727 152 |
49 453 |
317 488 |
|
Net Claims Paid |
949 772 |
3669 461 |
0 |
2009 768 |
|
Add : Claims Outstanding at the end of the year |
770 968 |
8687 640 |
-128 714 |
9140 841 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
8550 134 |
0 |
8803 936 |
|
Total Claims Incurred |
1720 740 |
3806 967 |
-128 714 |
2346 673 |
|
|
|
|
|
|
|
|
|
|
|
|
(3) |
ENGINEERING |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
1051 412 |
3284 067 |
871 663 |
2744 936 |
|
Less :Re-insurance Ceded to claims paid |
287 120 |
403 791 |
12 645 |
33 403 |
|
Net Claims Paid |
764 292 |
2880 276 |
0 |
2711 533 |
|
Add : Claims Outstanding at the end of the year |
-642 509 |
17016 991 |
608 622 |
18534 853 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
16497 841 |
0 |
18382 485 |
|
Total Claims Incurred |
121 783 |
3399 426 |
608 622 |
2863 901 |
|
|
|
|
|
|
|
|
|
|
|
|
(4) |
WC |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
22 122 |
70 696 |
24 499 |
65 477 |
|
Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
|
Net Claims Paid |
22 122 |
70 696 |
0 |
65 477 |
|
Add : Claims Outstanding at the end of the year |
-65 327 |
304 929 |
28 020 |
177 127 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
210 187 |
0 |
161 463 |
|
Total Claims Incurred |
-43 205 |
165 438 |
28 020 |
81 141 |
|
|
|
|
|
|
|
|
|
|
|
|
(5) |
Liability |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
268 801 |
582 835 |
78 408 |
225 083 |
|
Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
|
Net Claims Paid |
268 801 |
582 835 |
0 |
225 083 |
|
Add : Claims Outstanding at the end of the year |
-866 721 |
2165 694 |
-7 208 |
1954 955 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
1726 139 |
0 |
1579 545 |
|
Total Claims Incurred |
-597 920 |
1022 390 |
-7 208 |
600 493 |
|
|
|
|
|
|
|
|
|
|
|
|
(6) |
PA |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
469 847 |
1303 940 |
314 733 |
967 559 |
|
Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
|
Net Claims Paid |
469 847 |
1303 940 |
0 |
967 559 |
|
Add : Claims Outstanding at the end of the year |
358 408 |
2559 720 |
65 128 |
1897 320 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
2015 980 |
0 |
1888 768 |
|
Total Claims Incurred |
828 255 |
1847 680 |
65 128 |
976 111 |
|
|
|
|
|
|
|
|
|
|
|
|
(7) |
Health |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
14655 208 |
24631 470 |
4851 926 |
13507 107 |
|
Less :Re-insurance Ceded to claims paid |
349 670 |
821 479 |
0 |
0 |
|
Net Claims Paid |
14305 538 |
23809 991 |
0 |
13507 107 |
|
Add : Claims Outstanding at the end of the year |
1065 159 |
14761 403 |
1286 498 |
15046 321 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
12428 273 |
0 |
12700 829 |
|
Total Claims Incurred |
15370 697 |
26143 121 |
1286 498 |
15852 599 |
|
|
|
|
|
|
|
|
|
|
|
|
(8) |
Oth. Misc. |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
1609 593 |
8224 516 |
1742 817 |
8907 180 |
|
Less :Re-insurance Ceded to claims paid |
517 081 |
1225 524 |
1 084 |
366 670 |
|
Net Claims Paid |
1092 512 |
6998 992 |
1741 733 |
8540 510 |
|
Add : Claims Outstanding at the end of the year |
7354 219 |
34632 072 |
210 237 |
8969 757 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
9924 875 |
0 |
9707 154 |
|
Total Claims Incurred |
8446 731 |
31706 189 |
1951 970 |
7803 113 |
|
|
|
|
|
|
|
|
|
|
|
|
(9) |
FL/Credit |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
69 529 |
3247 447 |
160 362 |
399 939 |
|
Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
|
Net Claims Paid |
69 529 |
3247 447 |
0 |
399 939 |
|
Add : Claims Outstanding at the end of the year |
211 924 |
4275 832 |
179 669 |
8058 931 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
6872 776 |
0 |
6648 242 |
|
Total Claims Incurred |
281 453 |
650 503 |
179 669 |
1810 628 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL MISCELLANEOUS |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
- 10 |
- 10 |
-5 215 |
-11 700 |
|
Add :Re-insurance accepted to direct claims |
29693 418 |
70664 683 |
14029 759 |
48079 480 |
|
Less :Re-insurance Ceded to claims paid |
1292 323 |
3177 946 |
63 182 |
717 561 |
|
Net Claims Paid |
28401 085 |
67486 727 |
13961 362 |
47350 219 |
|
Add : Claims Outstanding at the end of the year |
16101 758 |
158480 027 |
4430 944 |
118285 035 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
119387 307 |
0 |
111460 306 |
|
Total Claims Incurred |
44502 843 |
106579 447 |
18392 306 |
54174 948 |
|
|
|
|
|
|
|
|
|
|
|
|
C |
MARINE INSURANCE |
|
|
|
|
(1) |
MARINE CARGO |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
411 876 |
1460 497 |
-1289 615 |
930 828 |
|
Less :Re-insurance Ceded to claims paid |
0 |
19 |
398 |
51 005 |
|
Net Claims Paid |
411 876 |
1460 478 |
0 |
879 823 |
|
Add : Claims Outstanding at the end of the year |
-68 944 |
6198 163 |
-333 976 |
5514 906 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
5899 043 |
0 |
5556 870 |
|
Total Claims Incurred |
342 932 |
1759 598 |
-333 976 |
837 859 |
|
|
|
|
|
|
|
|
|
|
|
|
(2) |
MARINE HULL |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
628 163 |
2153 230 |
353 633 |
2742 336 |
|
Less :Re-insurance Ceded to claims paid |
62 929 |
263 929 |
41 600 |
95 142 |
|
Net Claims Paid |
565 234 |
1889 301 |
0 |
2647 194 |
|
Add : Claims Outstanding at the end of the year |
587 270 |
10848 710 |
-24 030 |
9648 733 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
9740 973 |
0 |
9681 428 |
|
Total Claims Incurred |
1152 504 |
2997 038 |
-24 030 |
2614 499 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL MARINE |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
1040 039 |
3613 727 |
-935 982 |
3673 164 |
|
Less :Re-insurance Ceded to claims paid |
62 929 |
263 948 |
41 998 |
146 147 |
|
Net Claims Paid |
977 110 |
3349 779 |
-977 980 |
3527 017 |
|
Add : Claims Outstanding at the end of the year |
518 326 |
17046 873 |
-358 006 |
15163 639 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
15640 016 |
0 |
15238 298 |
|
Total Claims Incurred |
1495 436 |
4756 636 |
-1335 986 |
3452 358 |
|
|
|
|
|
|
|
|
|
|
|
|
D |
LIFE INSURANCE |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
|
|
|
|
|
Add :Re-insurance accepted to direct claims |
787 850 |
1638 975 |
340 901 |
917 384 |
|
Less :Re-insurance Ceded to claims paid |
118 126 |
270 972 |
23 210 |
10 620 |
|
Net Claims Paid |
669 724 |
1368 003 |
0 |
906 764 |
|
Add : Claims Outstanding at the end of the year |
245 534 |
1809 491 |
33 824 |
997 621 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
1047 227 |
0 |
853 942 |
|
Total Claims Incurred |
915 258 |
2130 267 |
33 824 |
1050 443 |
|
|
|
|
|
|
|
|
|
|
|
|
E |
TOTAL ALL CLASSES |
|
|
|
|
|
Claims paid |
|
|
|
|
|
Direct claims |
|
|
|
|
|
Add Claims Outstanding at the end of the year |
|
|
|
|
|
Less Claims Outstanding at the beginning of the year |
|
|
|
|
|
Gross Incurred Claims |
- 10 |
- 10 |
-5 215 |
-11 700 |
|
Add :Re-insurance accepted to direct claims |
41373 229 |
103270 822 |
22045 295 |
79247 915 |
|
Less :Re-insurance Ceded to claims paid |
4160 951 |
8724 644 |
382 324 |
6510 243 |
|
Net Claims Paid |
37212 268 |
94546 168 |
21657 756 |
72725 972 |
|
Add : Claims Outstanding at the end of the year |
20000 320 |
262809 682 |
6775 235 |
214733 380 |
|
Less: Claims Outstanding at the beginning of the year |
0 |
209075 611 |
0 |
195134 770 |
|
Total Claims Incurred |
57212 588 |
148280 239 |
28432 991 |
92324 582 |