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