FORM NL-5 - CLAIMS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
CLAIMS INCURRED [NET]
FOR PERIOD ENDED 31.03.2019
(` '000)
  PARTICULARS For the  Three Months  ending 31.03.2019 Up to  the   Twelve  Months  ending 31.03.2019 For the corresponding Three months  of the preceeding year  Up to the corresponding Twelve 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 22558 220 69276 402 16014 478 51766 987
  Less :Re-insurance Ceded to claims paid 1542 684 7136 439 1088 150 4591 552
  Net Claims Paid 21015 536 62139 963 14926 328 47175 435
  Add : Claims Outstanding at the end of the year 501 243 124265 299 -4175 871 103462 459
  Less: Claims Outstanding at the beginning of the year  0 103462 459  0 86734 697
  Total Claims Incurred 21516 779 82942 803 10750 457 63903 197
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 6441 260 46789 755 11689 537 46868 017
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 6441 260 46789 755 11689 537 46868 017
  Add : Claims Outstanding at the end of the year 7143 995 119087 988 8547 443 95213 892
  Less: Claims Outstanding at the beginning of the year  0 95213 892  0 78863 595
  Total Claims Incurred 13585 255 70663 851 20236 980 63218 314
(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 2 800 2 800  0 11 281
  Add   :Re-insurance accepted to direct claims 2268 812 11111 788 1724 541 5372 159
  Less :Re-insurance Ceded to claims paid 516 776 3213 329 110 529 591 459
  Net Claims Paid 1754 836 7901 259 1614 012 4791 981
  Add : Claims Outstanding at the end of the year -1272 945 11137 632 -1007 360 9960 585
  Less: Claims Outstanding at the beginning of the year  0 9960 585  0 8197 969
  Total Claims Incurred 481 891 9078 306 606 652 6554 597
(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 1457 568 4971 318 921 650 4138 530
  Less :Re-insurance Ceded to claims paid 48 759 75 897 26 279 175 875
  Net Claims Paid 1408 809 4895 421 895 371 3962 655
  Add : Claims Outstanding at the end of the year -1634 446 17733 208 -788 819 16934 540
  Less: Claims Outstanding at the beginning of the year  0 16934 540  0 16367 961
  Total Claims Incurred -225 637 5694 089 106 552 4529 234
(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 49 502 175 019 19 929 80 832
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 49 502 175 019 19 929 80 832
  Add : Claims Outstanding at the end of the year -310 758 655 257 49 659 548 011
  Less: Claims Outstanding at the beginning of the year  0 548 011  0 358 439
  Total Claims Incurred -261 256 282 265 69 588 270 404
(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 192 238 482 534 108 110 366 920
  Less :Re-insurance Ceded to claims paid 2 606 3 003  347  445
  Net Claims Paid 189 632 479 531 107 763 366 475
  Add : Claims Outstanding at the end of the year 889 829 4769 475 512 839 2592 049
  Less: Claims Outstanding at the beginning of the year  0 2592 049  0 1982 656
  Total Claims Incurred 1079 461 2656 957 620 602 975 868
(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 896 466 2783 430 913 741 3132 476
  Less :Re-insurance Ceded to claims paid  0  0  0  0
  Net Claims Paid 896 466 2783 430 913 741 3132 476
  Add : Claims Outstanding at the end of the year 332 269 5945 650 174 300 3780 066
  Less: Claims Outstanding at the beginning of the year  0 3780 066  0 2772 646
  Total Claims Incurred 1228 735 4949 014 1088 041 4139 896
(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 11368 316 37741 225 11362 546 37120 109
  Less :Re-insurance Ceded to claims paid 96 007 96 064 1070 313 1361 973
  Net Claims Paid 11272 309 37645 161 10292 233 35758 136
  Add : Claims Outstanding at the end of the year -3397 059 20178 545 -1468 868 16622 962
  Less: Claims Outstanding at the beginning of the year  0 16622 962  0 11364 043
  Total Claims Incurred 7875 250 41200 744 8823 365 41017 055
(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 22214 831 115567 561 14750 754 62351 316
  Less :Re-insurance Ceded to claims paid -11 111 38 964  0 2097 528
  Net Claims Paid 22225 942 115528 597 14750 754 60253 788
  Add : Claims Outstanding at the end of the year -32640 604 112451 396 4604 653 125329 521
  Less: Claims Outstanding at the beginning of the year  0 125329 521  0 59122 246
  Total Claims Incurred -10414 662 102650 472 19355 407 126461 063
(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 702 389 3381 456 592 357 3288 174
  Less :Re-insurance Ceded to claims paid 82 716 234 605 140 917 520 754
  Net Claims Paid 619 673 3146 851 451 440 2767 420
  Add : Claims Outstanding at the end of the year -1525 936 8811 750 -518 533 10968 057
  Less: Claims Outstanding at the beginning of the year  0 10968 057  0 6418 213
  Total Claims Incurred -906 263 990 544 -67 093 7317 264
(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 290 912 799 708 76 347 1553 944
  Less :Re-insurance Ceded to claims paid  0 135 243  0 114 992
  Net Claims Paid 290 912 664 465 76 347 1438 952
  Add : Claims Outstanding at the end of the year -389 251 8183 734 2173 983 6696 150
  Less: Claims Outstanding at the beginning of the year  0 6696 150  0 3773 875
  Total Claims Incurred -98 339 2152 049 2250 330 4361 227
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 2 800 2 800  0 11 281
  Add   :Re-insurance accepted to direct claims 45882 294 223803 794 42159 512 164272 477
  Less :Re-insurance Ceded to claims paid 735 753 3797 105 1348 385 4863 026
  Net Claims Paid 45149 341 220009 489 40811 127 159420 732
  Add : Claims Outstanding at the end of the year -32804 906 308954 635 12279 297 288645 833
  Less: Claims Outstanding at the beginning of the year  0 288645 833  0 189221 643
  Total Claims Incurred 12344 435 240318 291 53090 424 258844 922
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 993 909 3095 162 694 101 1847 375
  Less :Re-insurance Ceded to claims paid 112 827 233 774 33 695 38 083
  Net Claims Paid 881 082 2861 388 660 406 1809 292
  Add : Claims Outstanding at the end of the year -651 125 6124 214 -201 548 5899 312
  Less: Claims Outstanding at the beginning of the year - 1 5899 312  1 5997 054
  Total Claims Incurred 229 958 3086 290 458 857 1711 550
(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 1093 865 5965 921 1411 908 3519 617
  Less :Re-insurance Ceded to claims paid 249 466 1984 325 212 691 1228 848
  Net Claims Paid 844 399 3981 596 1199 217 2290 769
  Add : Claims Outstanding at the end of the year 909 153 11730 451 -25 407 10601 263
  Less: Claims Outstanding at the beginning of the year  0 10601 263  0 11939 858
  Total Claims Incurred 1753 552 5110 784 1173 810 952 174
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 2087 774 9061 083 2106 009 5366 992
  Less :Re-insurance Ceded to claims paid 362 293 2218 099 246 386 1266 931
  Net Claims Paid 1725 481 6842 984 1859 623 4100 061
  Add : Claims Outstanding at the end of the year 258 028 17854 665 -226 955 16500 575
  Less: Claims Outstanding at the beginning of the year - 1 16500 575  1 17936 912
  Total Claims Incurred 1983 510 8197 074 1632 667 2663 724
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 1519 692 5158 337 1126 722 3159 519
  Less :Re-insurance Ceded to claims paid 109 255 313 939 159 509 336 139
  Net Claims Paid 1410 437 4844 398 967 213 2823 380
  Add : Claims Outstanding at the end of the year 577 988 4242 699 190 251 3145 809
  Less: Claims Outstanding at the beginning of the year  0 3145 809  0 1845 533
  Total Claims Incurred 1988 425 5941 288 1157 464 4123 656
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 2 800 2 800  0 11 281
  Add   :Re-insurance accepted to direct claims 72047 980 307299 616 61406 721 224565 975
  Less :Re-insurance Ceded to claims paid 2749 985 13465 582 2842 430 11057 648
  Net Claims Paid 69300 795 293836 834 58564 291 213519 608
  Add : Claims Outstanding at the end of the year -31467 647 455317 297 8066 721 411754 675
  Less: Claims Outstanding at the beginning of the year - 2 411754 675  1 295738 785
  Total Claims Incurred 37833 150 337399 456 66631 011 329535 498
 0  0