FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR THE PERIOD ENDED 31.12.2016
(Rs. '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