FORM NL-5 - CLAIMS SCHEDULE |
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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CLAIMS INCURRED [NET] |
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FOR THE PERIOD ENDED 31.03.2017 |
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(` '000) |
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PARTICULARS |
For the Twelve Months ending 31.03.2017 |
Up to the Twelve Months ending 31.03.2017 |
For the corresponding Twelve months of the preceeding year |
Up to the corresponding twelve months of the prceeding year |
A |
FIRE INSURANCE |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
10625 588 |
37979 025 |
11704 877 |
38282 764 |
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Less :Re-insurance Ceded to claims paid |
2850 580 |
7862 358 |
3573 515 |
9209 430 |
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Net Claims Paid |
7775 008 |
30116 667 |
8131 362 |
29073 334 |
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Add : Claims Outstanding at the end of the year |
1261 406 |
86734 697 |
(7286 024) |
73001 061 |
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Less: Claims Outstanding at the beginning of the year |
0 |
73001 061 |
0 |
67582 224 |
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Total Claims Incurred |
9036 414 |
43850 303 |
845 338 |
34492 171 |
B |
MISCELLANEOUS INSURANCE |
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(1) |
MOTOR |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
11261 152 |
36184 241 |
10495 218 |
29418 461 |
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Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
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Net Claims Paid |
11261 152 |
36184 241 |
10495 218 |
29418 461 |
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Add : Claims Outstanding at the end of the year |
4787 850 |
78863 595 |
6656 172 |
61161 102 |
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Less: Claims Outstanding at the beginning of the year |
0 |
61161 102 |
0 |
51587 884 |
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Total Claims Incurred |
16049 002 |
53886 734 |
17151 390 |
38991 679 |
(2) |
AVIATION |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
0 |
( 10) |
( 1) |
(11 700) |
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Add :Re-insurance accepted to direct claims |
1459 543 |
5856 166 |
1562 726 |
3901 682 |
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Less :Re-insurance Ceded to claims paid |
431 978 |
1159 130 |
14 697 |
332 185 |
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Net Claims Paid |
1027 565 |
4697 026 |
1548 028 |
3557 797 |
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Add : Claims Outstanding at the end of the year |
(489 671) |
8197 969 |
(590 706) |
8550 135 |
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Less: Claims Outstanding at the beginning of the year |
0 |
8550 135 |
0 |
8803 936 |
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Total Claims Incurred |
537 894 |
4344 860 |
957 322 |
3303 996 |
(3) |
ENGINEERING |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
1036 684 |
4320 751 |
1647 215 |
4392 151 |
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Less :Re-insurance Ceded to claims paid |
91 565 |
495 356 |
131 397 |
164 800 |
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Net Claims Paid |
945 119 |
3825 395 |
1515 818 |
4227 351 |
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Add : Claims Outstanding at the end of the year |
(649 030) |
16367 961 |
(2037 012) |
16497 841 |
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Less: Claims Outstanding at the beginning of the year |
0 |
16497 841 |
0 |
18382 485 |
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Total Claims Incurred |
296 089 |
3695 515 |
(521 194) |
2342 707 |
(4) |
WC |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
48 700 |
119 396 |
24 519 |
89 996 |
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Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
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Net Claims Paid |
48 700 |
119 396 |
24 519 |
89 996 |
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Add : Claims Outstanding at the end of the year |
53 510 |
358 439 |
33 060 |
210 187 |
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Less: Claims Outstanding at the beginning of the year |
0 |
210 187 |
0 |
161 463 |
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Total Claims Incurred |
102 210 |
267 648 |
57 579 |
138 720 |
(5) |
Liability |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
174 745 |
757 580 |
211 884 |
436 967 |
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Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
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Net Claims Paid |
174 745 |
757 580 |
211 884 |
436 967 |
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Add : Claims Outstanding at the end of the year |
(183 038) |
1982 656 |
(228 815) |
1726 140 |
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Less: Claims Outstanding at the beginning of the year |
0 |
1726 140 |
0 |
1579 545 |
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Total Claims Incurred |
(8 293) |
1014 096 |
(16 931) |
583 562 |
(6) |
PA |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
300 246 |
1604 186 |
476 144 |
1443 703 |
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Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
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Net Claims Paid |
300 246 |
1604 186 |
476 144 |
1443 703 |
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Add : Claims Outstanding at the end of the year |
212 926 |
2772 646 |
118 662 |
2015 981 |
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Less: Claims Outstanding at the beginning of the year |
1 |
2015 981 |
0 |
1888 768 |
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Total Claims Incurred |
513 171 |
2360 851 |
594 806 |
1570 916 |
(7) |
Health |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
6858 680 |
31490 150 |
8037 423 |
21544 530 |
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Less :Re-insurance Ceded to claims paid |
0 |
821 479 |
0 |
0 |
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Net Claims Paid |
6858 680 |
30668 671 |
8037 423 |
21544 530 |
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Add : Claims Outstanding at the end of the year |
(3397 360) |
11364 043 |
(2618 048) |
12428 273 |
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Less: Claims Outstanding at the beginning of the year |
0 |
12428 273 |
0 |
12700 829 |
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Total Claims Incurred |
3461 320 |
29604 441 |
5419 375 |
21271 974 |
(8) |
Oth. Misc. |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
4152 243 |
12376 758 |
7979 942 |
16887 122 |
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Less :Re-insurance Ceded to claims paid |
504 724 |
1730 248 |
683 321 |
1049 991 |
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Net Claims Paid |
3647 519 |
10646 510 |
7296 621 |
15837 131 |
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Add : Claims Outstanding at the end of the year |
30908 388 |
65540 459 |
955 118 |
9924 875 |
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Less: Claims Outstanding at the beginning of the year |
1 |
9924 875 |
0 |
9707 154 |
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Total Claims Incurred |
34555 906 |
66262 094 |
8251 739 |
16054 852 |
(9) |
FL/Credit |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
22 596 |
3270 043 |
1595 593 |
1995 532 |
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Less :Re-insurance Ceded to claims paid |
0 |
0 |
0 |
0 |
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Net Claims Paid |
22 596 |
3270 043 |
1595 593 |
1995 532 |
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Add : Claims Outstanding at the end of the year |
(501 956) |
3773 875 |
(1186 156) |
6872 775 |
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Less: Claims Outstanding at the beginning of the year |
0 |
6872 775 |
0 |
6648 242 |
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Total Claims Incurred |
(479 360) |
171 143 |
409 437 |
2220 065 |
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TOTAL MISCELLANEOUS |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
0 |
( 10) |
( 1) |
-11 700 |
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Add :Re-insurance accepted to direct claims |
25314 586 |
95979 271 |
32030 664 |
80110 144 |
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Less :Re-insurance Ceded to claims paid |
1028 267 |
4206 213 |
829 415 |
1546 976 |
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Net Claims Paid |
24286 319 |
91773 048 |
31201 248 |
78551 468 |
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Add : Claims Outstanding at the end of the year |
30741 619 |
189221 643 |
1102 276 |
119387 309 |
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Less: Claims Outstanding at the beginning of the year |
2 |
119387 309 |
0 |
111460 306 |
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Total Claims Incurred |
55027 936 |
161607 382 |
32303 522 |
86478 471 |
C |
MARINE INSURANCE |
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(1) |
MARINE CARGO |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
688 874 |
2149 371 |
932 643 |
1863 470 |
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Less :Re-insurance Ceded to claims paid |
512 |
531 |
0 |
51 005 |
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Net Claims Paid |
688 362 |
2148 840 |
932 643 |
1812 465 |
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Add : Claims Outstanding at the end of the year |
(201 110) |
5997 053 |
384 137 |
5899 043 |
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Less: Claims Outstanding at the beginning of the year |
0 |
5899 043 |
0 |
5556 870 |
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Total Claims Incurred |
487 252 |
2246 850 |
1316 780 |
2154 638 |
(2) |
MARINE HULL |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
1224 023 |
3377 253 |
1887 723 |
4630 060 |
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Less :Re-insurance Ceded to claims paid |
0 |
263 929 |
421 104 |
516 246 |
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Net Claims Paid |
1224 023 |
3113 324 |
1466 619 |
4113 814 |
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Add : Claims Outstanding at the end of the year |
1091 148 |
11939 858 |
92 241 |
9740 973 |
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Less: Claims Outstanding at the beginning of the year |
0 |
9740 973 |
0 |
9681 428 |
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Total Claims Incurred |
2315 171 |
5312 209 |
1558 860 |
4173 359 |
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TOTAL MARINE |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
1912 897 |
5526 624 |
2820 366 |
6493 530 |
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Less :Re-insurance Ceded to claims paid |
512 |
264 460 |
421 104 |
567 251 |
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Net Claims Paid |
1912 385 |
5262 164 |
2399 262 |
5926 279 |
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Add : Claims Outstanding at the end of the year |
890 038 |
17936 911 |
476 378 |
15640 016 |
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Less: Claims Outstanding at the beginning of the year |
0 |
15640 016 |
0 |
15238 298 |
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Total Claims Incurred |
2802 423 |
7559 059 |
2875 640 |
6327 997 |
D |
LIFE INSURANCE |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
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Add :Re-insurance accepted to direct claims |
1329 523 |
2968 498 |
884 772 |
1802 156 |
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Less :Re-insurance Ceded to claims paid |
48 500 |
319 472 |
284 861 |
295 481 |
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Net Claims Paid |
1281 023 |
2649 026 |
599 911 |
1506 675 |
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Add : Claims Outstanding at the end of the year |
36 042 |
1845 533 |
49 606 |
1047 227 |
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Less: Claims Outstanding at the beginning of the year |
0 |
1047 227 |
0 |
853 942 |
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Total Claims Incurred |
1317 065 |
3447 332 |
649 517 |
1699 960 |
E |
TOTAL ALL CLASSES |
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Claims paid |
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Direct claims |
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Add Claims Outstanding at the end of the year |
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Less Claims Outstanding at the beginning of the year |
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Gross Incurred Claims |
0 |
(10) |
( 1) |
(11 700) |
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Add :Re-insurance accepted to direct claims |
39182 594 |
142453 418 |
47440 679 |
126688 594 |
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Less :Re-insurance Ceded to claims paid |
3927 859 |
12652 503 |
5108 895 |
11619 138 |
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Net Claims Paid |
35254 735 |
129800 905 |
42331 783 |
115057 756 |
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Add : Claims Outstanding at the end of the year |
32929 105 |
295738 784 |
(5657 765) |
209075 613 |
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Less: Claims Outstanding at the beginning of the year |
2 |
209075 613 |
0 |
195134 770 |
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Total Claims Incurred |
68183 838 |
216464 076 |
36674 018 |
128998 599 |