FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR THE  1ST QUARTER ENDED 30.06.2018
(` '000)
  PARTICULARS For the  Three Months  ending 30.06.2018 Up to  the  Three  Months  ending 30.06.2018 For the corresponding Three months  of the preceeding year  Up to the corresponding  three 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 16089 449 16089 449 9681 588 9681 588
  Less :Re-insurance Ceded to claims paid 1206 631 1206 631 18 792 18 792
  Net Claims Paid 14882 818 14882 818 9662 796 9662 796
  Add : Claims Outstanding at the end of the year 108409 835 108409 835 93944 680 93944 680
  Less: Claims Outstanding at the beginning of the year 103462 459 103462 459 86734 697 86734 697
  Total Claims Incurred 19830 194 19830 194 16872 779 16872 779
Notes:          
a)      Incurred But Not Reported (IBNR), Incurred but not enough reported [IBNER] claims should be included in the amount for outstanding claims.
b)      Claims includes specific claims settlement cost but not expenses of management    
c)       The surveyor fees, legal and other expenses shall also form part of claims cost.    
d)      Claims cost should be adjusted for estimated salvage value if there is a sufficient certainty of its realisation.  
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 11871 446 11871 446 16832 897 16832 897
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 11871 446 11871 446 16832 897 16832 897
  Add : Claims Outstanding at the end of the year 100257 897 100257 897 79111 216 79111 216
  Less: Claims Outstanding at the beginning of the year 95213 894 95213 894 78863 595 78863 595
  Total Claims Incurred 16915 449 16915 449 17080 518 17080 518
(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  0 10 345 10 345
  Add   :Re-insurance accepted to direct claims 1779 334 1779 334 1205 883 1205 883
  Less :Re-insurance Ceded to claims paid 179 738 179 738 238 468 238 468
  Net Claims Paid 1599 596 1599 596 977 760 977 760
  Add : Claims Outstanding at the end of the year 10078 613 10078 613 8252 334 8252 334
  Less: Claims Outstanding at the beginning of the year 9960 585 9960 585 8197 969 8197 969
  Total Claims Incurred 1717 624 1717 624 1032 125 1032 125
(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 1576 693 1576 693 1221 102 1221 102
  Less :Re-insurance Ceded to claims paid  10  10  35  35
  Net Claims Paid 1576 683 1576 683 1221 067 1221 067
  Add : Claims Outstanding at the end of the year 16469 854 16469 854 17573 378 17573 378
  Less: Claims Outstanding at the beginning of the year 16934 540 16934 540 16367 961 16367 961
  Total Claims Incurred 1111 997 1111 997 2426 484 2426 484
(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 59 218 59 218 15 768 15 768
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 59 218 59 218 15 768 15 768
  Add : Claims Outstanding at the end of the year 614 583 614 583 724 623 724 623
  Less: Claims Outstanding at the beginning of the year 548 011 548 011 358 440 358 440
  Total Claims Incurred 125 790 125 790 381 951 381 951
(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 81 151 81 151 72 446 72 446
  Less :Re-insurance Ceded to claims paid  397  397  0  0
  Net Claims Paid 80 754 80 754 72 446 72 446
  Add : Claims Outstanding at the end of the year 2908 597 2908 597 2584 859 2584 859
  Less: Claims Outstanding at the beginning of the year 2592 049 2592 049 1982 656 1982 656
  Total Claims Incurred 397 302 397 302 674 649 674 649
(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 884 849 884 849 747 376 747 376
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 884 849 884 849 747 376 747 376
  Add : Claims Outstanding at the end of the year 4210 021 4210 021 2661 738 2661 738
  Less: Claims Outstanding at the beginning of the year 3780 066 3780 066 2772 647 2772 647
  Total Claims Incurred 1314 804 1314 804 636 467 636 467
(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 4971 104 4971 104 7647 762 7647 762
  Less :Re-insurance Ceded to claims paid  0  0 291 660 291 660
  Net Claims Paid 4971 104 4971 104 7356 102 7356 102
  Add : Claims Outstanding at the end of the year 23591 126 23591 126 14026 517 14026 517
  Less: Claims Outstanding at the beginning of the year 16622 962 16622 962 11364 043 11364 043
  Total Claims Incurred 11939 268 11939 268 10018 576 10018 576
(8) Agriculture
  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 14931 396 14931 396 22278 604 22278 604
  Less :Re-insurance Ceded to claims paid 50 074 50 074 53 465 53 465
  Net Claims Paid 14881 322 14881 322 22225 139 22225 139
  Add : Claims Outstanding at the end of the year 180731 298 180731 298 91701 098 91701 098
  Less: Claims Outstanding at the beginning of the year 125329 521 125329 521 59122 246 59122 246
  Total Claims Incurred 70283 099 70283 099 54803 991 54803 991
(9) 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 1412 463 1412 463 944 282 944 282
  Less :Re-insurance Ceded to claims paid 4 963 4 963  0  0
  Net Claims Paid 1407 500 1407 500 944 282 944 282
  Add : Claims Outstanding at the end of the year 9793 780 9793 780 6780 423 6780 423
  Less: Claims Outstanding at the beginning of the year 10968 057 10968 057 6418 213 6418 213
  Total Claims Incurred 233 223 233 223 1306 492 1306 492
(10) 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 463 836 463 836 1052 653 1052 653
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 463 836 463 836 1052 653 1052 653
  Add : Claims Outstanding at the end of the year 6736 431 6736 431 3854 861 3854 861
  Less: Claims Outstanding at the beginning of the year 6696 150 6696 150 3773 875 3773 875
  Total Claims Incurred 504 117 504 117 1133 639 1133 639
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  0 10 345 10 345
  Add   :Re-insurance accepted to direct claims 38031 490 38031 490 52018 773 52018 773
  Less :Re-insurance Ceded to claims paid 235 182 235 182 583 628 583 628
  Net Claims Paid 37796 308 37796 308 51445 490 51445 490
  Add : Claims Outstanding at the end of the year 355392 200 355392 200 227271 047 227271 047
  Less: Claims Outstanding at the beginning of the year 288645 835 288645 835 189221 645 189221 645
  Total Claims Incurred 104542 673 104542 673 89494 892 89494 892
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 724 006 724 006 296 672 296 672
  Less :Re-insurance Ceded to claims paid 63 868 63 868  399  399
  Net Claims Paid 660 138 660 138 296 273 296 273
  Add : Claims Outstanding at the end of the year 6461 195 6461 195 5741 990 5741 990
  Less: Claims Outstanding at the beginning of the year 5899 313 5899 313 5997 053 5997 053
  Total Claims Incurred 1222 020 1222 020 41 210 41 210
(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 1796 533 1796 533 1177 816 1177 816
  Less :Re-insurance Ceded to claims paid 228 418 228 418 -47 244 -47 244
  Net Claims Paid 1568 115 1568 115 1225 060 1225 060
  Add : Claims Outstanding at the end of the year 11015 340 11015 340 10828 082 10828 082
  Less: Claims Outstanding at the beginning of the year 10601 263 10601 263 11939 858 11939 858
  Total Claims Incurred 1982 192 1982 192 113 284 113 284
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 2520 539 2520 539 1474 488 1474 488
  Less :Re-insurance Ceded to claims paid 292 286 292 286 -46 845 -46 845
  Net Claims Paid 2228 253 2228 253 1521 333 1521 333
  Add : Claims Outstanding at the end of the year 17476 535 17476 535 16570 072 16570 072
  Less: Claims Outstanding at the beginning of the year 16500 576 16500 576 17936 911 17936 911
  Total Claims Incurred 3204 212 3204 212 154 494 154 494
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 1538 617 1538 617 437 364 437 364
  Less :Re-insurance Ceded to claims paid 143 115 143 115 55 907 55 907
  Net Claims Paid 1395 502 1395 502 381 457 381 457
  Add : Claims Outstanding at the end of the year 3015 307 3015 307 2018 894 2018 894
  Less: Claims Outstanding at the beginning of the year 3145 809 3145 809 1845 533 1845 533
  Total Claims Incurred 1265 000 1265 000 554 818 554 818
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  0 10 345 10 345
  Add   :Re-insurance accepted to direct claims 58180 095 58180 095 63612 213 63612 213
  Less :Re-insurance Ceded to claims paid 1877 214 1877 214 611 482 611 482
  Net Claims Paid 56302 881 56302 881 63011 076 63011 076
  Add : Claims Outstanding at the end of the year 484293 876 484293 876 339804 693 339804 693
  Less: Claims Outstanding at the beginning of the year 411754 679 411754 679 295738 786 295738 786
  Total Claims Incurred 128842 078 128842 078 107076 983 107076 983