FORM NL-6-COMMISSION SCHEDULE

 
 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

 
 

FOR THE PERIOD ENDED 31.12.2019

 
       
     

(` '000)

 
 

PARTICULARS

For the  Three Months  ending 31.12.2019

Up to  the   Nine  Months  ending 31.12.2019

For the corresponding Three months  of the preceeding year

Up to the corresponding  Nine months  of the prceeding year

 

A

FIRE INSURANCE

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

8015 301

24441 279

5394 498

16757 492

 
 

Less: Commission on Re-insurance Ceded

62 806

198 577

68 516

215 001

 
 

Net Commission

7952 495

24242 702

5325 982

16542 491

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
 

Note: The profit/ commission, if any, are to be combined with the Re-insurance accepted or Re-insurance ceded figures.

     
       
       

B

MISCELLANEOUS INSURANCE

     

(1)

MOTOR

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

4805 687

13002 791

1611 932

9696 514

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 2

 9

 
 

Net Commission

4805 687

13002 791

1611 930

9696 505

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       

(2)

AVIATION

     
 

Commission paid

     
 

Direct

 0

 0

 69

 69

 
 

Add: Re-insurance Accepted

862 713

1947 078

631 500

1541 824

 
 

Less: Commission on Re-insurance Ceded

171 015

206 524

16 903

78 935

 
 

Net Commission

691 698

1740 554

614 666

1462 958

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       

(3)

ENGINEERING

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

670 371

2022 313

742 005

1998 148

 
 

Less: Commission on Re-insurance Ceded

31 303

63 155

10 530

28 982

 
 

Net Commission

639 068

1959 158

731 475

1969 166

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       

(4)

W.C.

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

10 746

26 892

58 180

122 554

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 
 

Net Commission

10 746

26 892

58 180

122 554

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

(5)

Liability

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

366 963

1145 434

214 818

725 741

 
 

Less: Commission on Re-insurance Ceded

7 700

52 759

29 664

127 211

 
 

Net Commission

359 263

1092 675

185 154

598 530

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       

(6)

P.A.

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

687 473

1537 943

527 079

1171 072

 
 

Less: Commission on Re-insurance Ceded

 105

 235

 247

 247

 
 

Net Commission

687 368

1537 708

526 832

1170 825

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

(7)

Health

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

2221 825

5475 637

1007 991

7662 648

 
 

Less: Commission on Re-insurance Ceded

60 615

60 615

 0

 0

 
 

Net Commission

2161 210

5415 022

1007 991

7662 648

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

(8)

Agriculture

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

2582 313

7767 590

292 460

7270 667

 
 

Less: Commission on Re-insurance Ceded

1 071

12 818

 222

1 655

 
 

Net Commission

2581 242

7754 772

292 238

7269 012

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       

(9)

Oth. Misc.

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

315 336

1228 308

137 897

1338 707

 
 

Less: Commission on Re-insurance Ceded

54 160

107 526

13 439

34 968

 
 

Net Commission

261 176

1120 782

124 458

1303 739

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

(10)

FL/Cr

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

191 775

616 097

159 397

485 982

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

4 310

 
 

Net Commission

191 775

616 097

159 397

481 672

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       
 

TOTAL  MISCELLANEOUS

     
 

Commission paid

     
 

Direct

 0

 0

 69

 69

 
 

Add: Re-insurance Accepted

12715 202

34770 083

5383 259

32013 857

 
 

Less: Commission on Re-insurance Ceded

325 969

503 632

71 007

276 317

 
 

Net Commission

12389 233

34266 451

5312 321

31737 609

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

C

MARINE INSURANCE

     

(1)

MARINE CARGO

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

361 851

1183 467

394 196

971 594

 
 

Less: Commission on Re-insurance Ceded

-12 675

17 080

17 365

51 643

 
 

Net Commission

374 526

1166 387

376 831

919 951

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

(2)

MARINE HULL

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

425 292

1172 224

519 387

1396 702

 
 

Less: Commission on Re-insurance Ceded

-44 355

26 515

35 357

80 711

 
 

Net Commission

469 647

1145 709

484 030

1315 991

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       
 

TOTAL MARINE

     
 

Commission paid

     
 

Direct

 0

 0

 0

 0

 
 

Add: Re-insurance Accepted

787 143

2355 691

913 583

2368 296

 
 

Less: Commission on Re-insurance Ceded

-57 030

43 595

52 722

132 354

 
 

Net Commission

844 173

2312 096

860 861

2235 942

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

D

LIFE INSURANCE

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

19 976

69 636

18 419

61 479

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 
 

Net Commission

19 976

69 636

18 419

61 479

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
       
       

E

TOTAL ALL CLASSES

     
 

Commission paid

     
 

Direct

 0

 0

 69

 69

 
 

Add: Re-insurance Accepted

21537 622

61636 689

11709 759

51201 124

 
 

Less: Commission on Re-insurance Ceded

331 745

745 804

192 245

623 672

 
 

Net Commission

21205 877

60890 885

11517 583

50577 521

 
 

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

     
 

Agents

     
 

Brokers

     
 

Corporate Agency

     
 

Referral

     
 

Others (pl. specify)

     
 

TOTAL (B)

     
   

 0

 

 0