| FORM NL-6-COMMISSION SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer:GENERAL INSURANCE CORPORATION OF INDIA | |||||
| 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 | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 4031 705 | 16731 231 | 3884 634 | 12683 791 | |
| Less: Commission on Re-insurance Ceded | 78 391 | 191 109 | 202 145 | 296 853 | |
| Net Commission | 3953 314 | 16540 122 | 3682 489 | 12386 938 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| B | MISCELLANEOUS INSURANCE | ||||
| (1) | MOTOR | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 3001 453 | 11257 616 | 2084 486 | 8218 799 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 3001 453 | 11257 616 | 2084 486 | 8218 799 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (2) | AVIATION | ||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 318 498 | 979 939 | 219 022 | 731 955 | |
| Less: Commission on Re-insurance Ceded | 15 614 | 43 357 | 3 991 | 24 799 | |
| Net Commission | 302 884 | 936 582 | 215 031 | 707 156 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (3) | ENGINEERING | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 341 008 | 2021 888 | 513 763 | 2044 958 | |
| Less: Commission on Re-insurance Ceded | 187 | 2 952 | 0 | 15 675 | |
| Net Commission | 340 821 | 2018 936 | 513 763 | 2029 283 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (4) | W.C. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | -2 396 | 46 497 | 12 803 | 37 785 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | -2 396 | 46 497 | 12 803 | 37 785 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (5) | Liability | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 36 710 | 295 647 | 62 254 | 206 293 | |
| Less: Commission on Re-insurance Ceded | 6 362 | 13 353 | 0 | 0 | |
| Net Commission | 30 348 | 282 294 | 62 254 | 206 293 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (6) | P.A. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 385 313 | 1564 403 | 299 401 | 1350 952 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 26 | |
| Net Commission | 385 313 | 1564 403 | 299 401 | 1350 926 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (7) | Health | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2856 266 | 8155 196 | 2709 701 | 5150 064 | |
| Less: Commission on Re-insurance Ceded | 0 | 38 929 | 0 | 0 | |
| Net Commission | 2856 266 | 8116 267 | 2709 701 | 5150 064 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (8) | Oth. Misc. | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 2982 266 | 11331 979 | 679 110 | 2623 949 | |
| Less: Commission on Re-insurance Ceded | 2 770 | 6 067 | 0 | 1 065 | |
| Net Commission | 2979 496 | 11325 912 | 679 110 | 2622 884 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (9) | FL/Cr | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 36 139 | 291 067 | 73 828 | 304 740 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 36 139 | 291 067 | 73 828 | 304 740 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| TOTAL MISCELLANEOUS | |||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 9955 257 | 35944 232 | 6654 368 | 20669 495 | |
| Less: Commission on Re-insurance Ceded | 24 933 | 104 658 | 3 991 | 41 565 | |
| Net Commission | 9930 324 | 35839 574 | 6650 377 | 20627 930 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| C | MARINE INSURANCE | ||||
| (1) | MARINE CARGO | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 236 420 | 973 306 | 191 743 | 707 360 | |
| Less: Commission on Re-insurance Ceded | 6 408 | 6 408 | 0 | 0 | |
| Net Commission | 230 012 | 966 898 | 191 743 | 707 360 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| (2) | MARINE HULL | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 424 341 | 686 020 | 322 584 | 1222 828 | |
| Less: Commission on Re-insurance Ceded | 8 774 | 49 708 | 23 183 | 117 886 | |
| Net Commission | 415 567 | 636 312 | 299 401 | 1104 942 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| TOTAL MARINE | |||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 660 761 | 1659 326 | 514 327 | 1930 188 | |
| Less: Commission on Re-insurance Ceded | 15 182 | 56 116 | 23 183 | 117 886 | |
| Net Commission | 645 579 | 1603 210 | 491 144 | 1812 302 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| D | LIFE INSURANCE | ||||
| Commission paid | |||||
| Direct | |||||
| Add: Re-insurance Accepted | 33 089 | 61 100 | 9 594 | 76 403 | |
| Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | |
| Net Commission | 33 089 | 61 100 | 9 594 | 76 403 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||
| E | TOTAL ALL CLASSES | ||||
| Commission paid | |||||
| Direct | 0 | 0 | 0 | 0 | |
| Add: Re-insurance Accepted | 14680 812 | 54395 889 | 11062 923 | 35359 877 | |
| Less: Commission on Re-insurance Ceded | 118 506 | 351 883 | 229 319 | 456 304 | |
| Net Commission | 14562 306 | 54044 006 | 10833 604 | 34903 573 | |
| Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | |||||
| Agents | |||||
| Brokers | |||||
| Corporate Agency | |||||
| Referral | |||||
| Others (pl. specify) | |||||
| TOTAL (B) | |||||