FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

Name of the RI Programme - Agriculture RI

(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

          
 

2

Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)

5

 668.61

 4,408.65

 

18.25%

     
 

3

Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)

42

 -  

 17,109.22

 

61.51%

     
 

4

Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)

7

 -  

 3,419.53

 

12.29%

     
 

5

Reinsurer's with rating less than BBB

4

 -  

 727.59

 

2.62%

     
 

6

Govt. Companies (Domestic & Foreign)

5

 -  

 1,479.71

 

5.32%

     
 

7

Pools

          
 

8

Other Domestic Cos. (Pvt. Domestic Cos.)

          
  

Total

63

 668.61

 27,144.69

 

100.00%

     
 

(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)

          
             
             
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

Name of the RI Programme - Aviation

(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)

           
             
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

Name of the RI Programme -  Credit Re

(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)

           
             
             
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

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

    

0.00%

     
 

2

Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)

    

0.00%

     
 

3

Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)

    

0.00%

     
 

4

Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)

    

0.00%

     
 

5

Reinsurer's with rating less than BBB

          
 

6

Govt. Companies (Domestic & Foreign)

1

  

 1,608.80

27.78%

     
 

7

Pools

          
 

8

Other Domestic Cos. (Pvt. Domestic Cos.)

4

  

 4,182.39

72.22%

     
  

Total

5

  

5791.19

100.00%

     
 

(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)

           
             
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

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)

           
       
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

Name of the RI Programme - Life Re

(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

          
 

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)

1

 912.00

  

50.00%

     
 

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

1

912

        
 

(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)

          
             
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

Name of the RI Programme - AM Re Retro (Marine Cargo)

 (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

          
 

2

Reinsurer's with rating of AA but less than AAA (ie. all RI's with rating AA+ and AA)

1

 

 421.52

 

14.59%

     
 

3

Reinsurer's with rating of A but less than AA (ie. all RI's with rating AA-, A+ and A)

8

 

 2,046.30

 

70.83%

     
 

4

Reinsurers with rating BBB but less than A (ie. all RI's with rating A-, BBB+ and BBB)

2

 

 359.86

 

12.46%

     
 

5

Reinsurer's with rating less than BBB

1

 

 61.31

 

2.12%

     
 

6

Govt. Companies (Domestic & Foreign)

          
 

7

Pools

          
 

8

Other Domestic Cos. (Pvt. Domestic Cos.)

          
  

Total

12

 

 2,889.00

 

100%

     
 

(Kindly note that all Ratings are as per S&P's Financial Strength Rating Scale)

           
             
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

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)

           
             
             
 

Periodic Disclosures

     
 

FORM NL-23

Reinsurance Risk Concentration

      
 

Insurer

General Insurance Corporation Of India

 

Date- 01.01.2020  to 31.03.2020

     
 

Name of the RI Programme - Health

(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)