FORM NL-5 - CLAIMS SCHEDULE




Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   




CLAIMS INCURRED [NET]




FOR THE PERIOD ENDED 31.12.2018









(` '000)

PARTICULARS For the Three Months ending 31.12.2018 Up to the Nine Months ending 31.12.2018 For the corresponding Three months of the preceeding year Up to the corresponding Nine 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 14979 523 46718 182 17888 078 35752 509

Less :Re-insurance Ceded to claims paid 2214 833 5593 755 2832 588 3503 402

Net Claims Paid 12764 690 41124 427 15055 490 32249 107

Add : Claims Outstanding at the end of the year 5891 107 123764 056 3811 371 107638 330

Less: Claims Outstanding at the beginning of the year 0 103462 459 0 86734 697

Total Claims Incurred 18655 797 61426 024 18866 861 53152 740












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 11989 459 40348 495 13522 432 35178 480

Less :Re-insurance Ceded to claims paid 0 0 0 0

Net Claims Paid 11989 459 40348 495 13522 432 35178 480

Add : Claims Outstanding at the end of the year 5094 181 111943 993 397 442 86666 449

Less: Claims Outstanding at the beginning of the year 0 95213 892 0 78863 595

Total Claims Incurred 17083 640 57078 596 13919 874 42981 334












(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 0 11 281

Add   :Re-insurance accepted to direct claims 5112 465 8842 976 1538 722 3647 618

Less :Re-insurance Ceded to claims paid 2325 272 2696 553 220 218 480 930

Net Claims Paid 2787 193 6146 423 1318 504 3177 969

Add : Claims Outstanding at the end of the year -488 288 12410 577 2262 910 10967 945

Less: Claims Outstanding at the beginning of the year 0 9960 585 0 8197 969

Total Claims Incurred 2298 905 8596 414 3581 414 5947 945












(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 761 952 3513 750 1348 348 3216 880

Less :Re-insurance Ceded to claims paid 400 27 138 70 018 149 596

Net Claims Paid 761 552 3486 612 1278 330 3067 284

Add : Claims Outstanding at the end of the year 643 514 19367 654 -404 300 17723 359

Less: Claims Outstanding at the beginning of the year 0 16934 540 0 16367 961

Total Claims Incurred 1405 066 5919 726 874 030 4422 682












(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 30 130 125 517 34 989 60 903

Less :Re-insurance Ceded to claims paid 0 0 0 0

Net Claims Paid 30 130 125 517 34 989 60 903

Add : Claims Outstanding at the end of the year 96 360 966 015 188 331 498 352

Less: Claims Outstanding at the beginning of the year 0 548 011 0 358 439

Total Claims Incurred 126 490 543 521 223 320 200 816












(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 133 895 290 296 147 460 258 810

Less :Re-insurance Ceded to claims paid 0 397 29 98

Net Claims Paid 133 895 289 899 147 431 258 712

Add : Claims Outstanding at the end of the year 499 051 3879 646 -142 981 2079 210

Less: Claims Outstanding at the beginning of the year 0 2592 049 0 1982 656

Total Claims Incurred 632 946 1577 496 4 450 355 266












(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 445 299 1886 964 1433 023 2218 735

Less :Re-insurance Ceded to claims paid 0 0 0 0

Net Claims Paid 445 299 1886 964 1433 023 2218 735

Add : Claims Outstanding at the end of the year 269 865 5613 381 827 580 3605 766

Less: Claims Outstanding at the beginning of the year 0 3780 066 0 2772 646

Total Claims Incurred 715 164 3720 279 2260 603 3051 855












(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 8230 886 26372 909 14112 376 25757 563

Less :Re-insurance Ceded to claims paid 57 57 0 291 660

Net Claims Paid 8230 829 26372 852 14112 376 25465 903

Add : Claims Outstanding at the end of the year 3922 555 23575 604 415 298 18091 830

Less: Claims Outstanding at the beginning of the year 0 16622 962 0 11364 043

Total Claims Incurred 12153 384 33325 494 14527 674 32193 690












(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 23706 311 93352 730 12232 380 47600 562

Less :Re-insurance Ceded to claims paid 1 50 075 2044 063 2097 528

Net Claims Paid 23706 310 93302 655 10188 317 45503 034

Add : Claims Outstanding at the end of the year -21918 244 145092 000 5435 907 120724 868

Less: Claims Outstanding at the beginning of the year 0 125329 521 0 59122 246

Total Claims Incurred 1788 066 113065 134 15624 224 107105 656












(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 907 803 2679 067 1605 411 2695 817

Less :Re-insurance Ceded to claims paid 11 102 151 889 203 412 379 837

Net Claims Paid 896 701 2527 178 1401 999 2315 980

Add : Claims Outstanding at the end of the year -847 395 10337 686 1418 928 11486 590

Less: Claims Outstanding at the beginning of the year 0 10968 057 0 6418 213

Total Claims Incurred 49 306 1896 807 2820 927 7384 357












(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 -50 850 508 796 407 856 1477 597

Less :Re-insurance Ceded to claims paid 0 135 243 114 992 114 992

Net Claims Paid -50 850 373 553 292 864 1362 605

Add : Claims Outstanding at the end of the year -199 397 8572 985 331 906 4522 167

Less: Claims Outstanding at the beginning of the year 0 6696 150 0 3773 875

Total Claims Incurred -250 247 2250 388 624 770 2110 897













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 0 11 281

Add   :Re-insurance accepted to direct claims 51267 350 177921 500 46382 997 122112 965

Less :Re-insurance Ceded to claims paid 2336 832 3061 352 2652 732 3514 641

Net Claims Paid 48930 518 174860 148 43730 265 118609 605

Add : Claims Outstanding at the end of the year -12927 798 341759 541 10731 021 276366 536

Less: Claims Outstanding at the beginning of the year 0 288645 833 0 189221 643

Total Claims Incurred 36002 720 227973 856 54461 286 205754 498












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 762 604 2101 253 567 493 1153 274

Less :Re-insurance Ceded to claims paid 13 230 120 947 2 949 4 388

Net Claims Paid 749 374 1980 306 564 544 1148 886

Add : Claims Outstanding at the end of the year -192 162 6775 339 594 414 6100 860

Less: Claims Outstanding at the beginning of the year 0 5899 313 0 5997 053

Total Claims Incurred 557 212 2856 332 1158 958 1252 693












(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 1351 176 4872 056 551 106 2107 709

Less :Re-insurance Ceded to claims paid 7 639 1734 859 713 821 1016 157

Net Claims Paid 1343 537 3137 197 -162 715 1091 552

Add : Claims Outstanding at the end of the year 43 107 10821 298 1079 976 10626 670

Less: Claims Outstanding at the beginning of the year 0 10601 263 0 11939 858

Total Claims Incurred 1386 644 3357 232 917 261 -221 636













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 2113 780 6973 309 1118 599 3260 983

Less :Re-insurance Ceded to claims paid 20 869 1855 806 716 770 1020 545

Net Claims Paid 2092 911 5117 503 401 829 2240 438

Add : Claims Outstanding at the end of the year -149 055 17596 637 1674 390 16727 530

Less: Claims Outstanding at the beginning of the year 0 16500 576 0 17936 911

Total Claims Incurred 1943 856 6213 564 2076 219 1031 057












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 1225 007 3638 645 922 027 2032 797

Less :Re-insurance Ceded to claims paid 27 232 204 684 61 373 176 630

Net Claims Paid 1197 775 3433 961 860 654 1856 167

Add : Claims Outstanding at the end of the year 456 003 3664 711 776 073 2955 558

Less: Claims Outstanding at the beginning of the year 0 3145 809 0 1845 533

Total Claims Incurred 1653 778 3952 863 1636 727 2966 192












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 0 11 281

Add   :Re-insurance accepted to direct claims 69585 660 235251 636 66311 701 163159 254

Less :Re-insurance Ceded to claims paid 4599 766 10715 597 6263 463 8215 218

Net Claims Paid 64985 894 224536 039 60048 238 154955 317

Add : Claims Outstanding at the end of the year -6729 743 486784 944 16992 855 403687 954

Less: Claims Outstanding at the beginning of the year 0 411754 677 0 295738 784

Total Claims Incurred 58256 151 299566 306 77041 093 262904 487