NL 23_April-June 2017
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Agri Re Protection Programme ( In INR)  
S.No Reinsurance Placement No. of Reinsurers Adjustment Premium/ RI Margin paid Ceded to Reinsurers      Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  1   NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)        
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 4      
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 2      
5 Reinsurer's with rating less than BBB        
6 Govt. Companies (Domestic & Foreign)        
7 Pools        
8 Other Domestic Cos. (Pvt. Domestic Cos.)        
  Total        
           
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Aviation Reinsurance Programme  (Rs. In Lakhs) 5889.62
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  0 -      
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 16 -      
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 10 -               5,833.09   99.04%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 0 -                   48.33   0.82%
5 Reinsurer's with rating less than BBB 2 -      
6 Govt. Companies (Domestic & Foreign) 1 -      
7 Pools 1 -                     8.20   0.14%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0 -      
  Total 30                 5,889.62   100.00%
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Premium to Indian branch of Foreign Reinsurers is INR 3943.98 (in lakhs)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Structured Solutions 14-17 -Section 4 Credit Excess Of Loss  (Rs. In Lakhs) R.I Margin-11.5%
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)        
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)        
     
     
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)        
5 Reinsurer's with rating less than BBB        
6 Govt. Companies (Domestic & Foreign)        
7 Pools        
8 Other Domestic Cos. (Pvt. Domestic Cos.)        
  Total        
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Engineering and Large Risk  (Rs. In Lakhs)    
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)        
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)        
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)        
5 Reinsurer's with rating less than BBB        
6 Govt. Companies (Domestic & Foreign)        
7 Pools        
8 Other Domestic Cos. (Pvt. Domestic Cos.)        
  Total        
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Liability  (Rs. In Lakhs)    
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)        
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)        
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)        
5 Reinsurer's with rating less than BBB        
6 Govt. Companies (Domestic & Foreign)        
7 Pools        
8 Other Domestic Cos. (Pvt. Domestic Cos.)        
  Total        
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme -  Marine  (Rs. In Lakhs)  
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)      
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)      
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)      
5 Reinsurer's with rating less than BBB      
6 Govt. Companies (Domestic & Foreign)      
7 Pools      
8 Other Domestic Cos. (Pvt. Domestic Cos.)      
  Total      
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Miscellaneous  (Rs. In Lakhs)  
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)      
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)      
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)      
5 Reinsurer's with rating less than BBB      
6 Govt. Companies (Domestic & Foreign)      
7 Pools      
8 Other Domestic Cos. (Pvt. Domestic Cos.)      
  Total      
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - Nuclear Pool  (Rs. In Lakhs)  
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)      
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)      
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)      
5 Reinsurer's with rating less than BBB      
6 Govt. Companies (Domestic & Foreign)      
7 Pools      
8 Other Domestic Cos. (Pvt. Domestic Cos.)      
  Total      
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 30.06.2017
Name of the RI Programme - RIWW  (Rs. In Lakhs)  
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA      NIL    
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)      
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)      
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)      
5 Reinsurer's with rating less than BBB      
6 Govt. Companies (Domestic & Foreign)      
7 Pools      
8 Other Domestic Cos. (Pvt. Domestic Cos.)      
  Total      
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.04.2017 - 31.03.2018
Name of the RI Programme -Indian Market Terrorism Risk Insurance Pool (Rs. In Lakhs)  
S.No Reinsurance Placement No. of Reinsurers Premium Ceded (Deposit Premium)to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  0                          -     0.00%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 5                 1,590.39   29.98%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 20                 1,691.06   31.87%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 5                   308.06   5.81%
5 Reinsurer's with rating less than BBB 0                          -     0.00%
6 Govt. Companies (Domestic & Foreign) 7                 1,342.28   25.30%
7 Pools 1                     61.89   1.17%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 8                   311.92   5.88%
  Total 46                 5,305.59   100.00%
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
  Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.06.2017  to 31.05.2018
Name of the RI Programme - Domestic NM XOL 2017-18    
S.No Reinsurance Placement No. of
Reinsurers
Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded
to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA  0                          -     0.00%
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 7               39,970.46   46.66%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 55               41,410.60   48.34%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 8                 2,907.82   3.39%
5 Reinsurer's with rating less than BBB 1                   186.89   0.22%
6 Govt. Companies (Domestic & Foreign) 4                   884.86   1.03%
7 Pools 1                   300.32   0.35%
8 Other Domestic Cos. (Pvt. Domestic Cos.) 0                          -     0.00%
  Total 76               85,660.95   100.00%
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)
Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration          
Insurer General Insurance Corporation Of India   Date- 01.06.2017  to 31.05.2018
Name of the RI Programme - Foreign Inward XL 2016-17    
S.No Reinsurance Placement No. of Reinsurers Premium Ceded to Reinsurers (INR Lakhs) Premium Ceded to Reinsurers (%)
Proportional  Non-Proportional Facultative
1 Reinsurer's with rating of AAA           
2 Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA) 1               10,891.00   26.83%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 26               27,165.00   66.92%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 1                   145.00   0.36%
5 Reinsurer's with rating less than BBB          
6 Govt. Companies (Domestic & Foreign) 4                 2,394.00   5.90%
7 Pools          
8 Other Domestic Cos. (Pvt. Domestic Cos.)          
  Total                40,595.00   100.00%
(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)
(Data is required only for Non Prop programmes)