Periodic Disclosures
FORM NL-23 Reinsurance Risk Concentration  
Insurer General Insurance Corporation Of India   Date- 01.07.2017 - 30.09.2017
Name of the RI Programme - Agri Re Protection Programme ( In INR) 45,045
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) 7                  26,374   58.55%
3 Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A) 20                  16,059   35.65%
4 Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB) 8                     2,455   5.45%
5 Reinsurer's with rating less than BBB 1                           68   0.15%
6 Govt. Companies (Domestic & Foreign) 1   90   0.20%
7 Pools     -      
8 Other Domestic Cos. (Pvt. Domestic Cos.)          
  Total 37   45,045   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- 01.07.2017 - 30.09.2017
Name of the RI Programme - Aviation Reinsurance Programme (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)
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- 01.07.2017 - 30.09.2017
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           
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) 3 Nil 191.91 Nil 60.00%
Nil 87.96 Nil 27.50%
Nil 39.98 Nil 12.50%
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 3 Nil 319.85 Nil  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- 01.07.2017 - 30.09.2017
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- 01.07.2017 - 30.09.2017
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- 01.07.2017 - 30.09.2017
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- 01.07.2017 - 30.09.2017
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- 01.07.2017 - 30.09.2017
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- 01.07.2017 - 30.09.2017
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- 01.07.2017 - 30.09.2017
Name of the RI Programme -Indian Market Terrorism Risk Insurance 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)