FORM NL-4-PREMIUM SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
PREMIUM EARNED [NET]
FOR THE YEAR ENDED 31.03.2020
A FIRE INSURANCE


( Rs. IN 000)

PARTICULARS For the Three Months ending 31.03.2020 For the Year ending 31.03.2020 For the Three Months ending 31.03.2019 For the Year ending 31.03.2019

Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 30122 648 120269 667 27283 403 103125 456

Less : Premium on reinsurance ceded 4966 979 17892 057 7584 233 22654 049

Net Premium 25155 669 102377 610 19699 170 80471 407

Adjustment for change in reserve for unexpired risks -3863 110 -11808 738 488 683 -103 716

Premium Earned (Net) 21292 559 90568 872 20187 853 80367 691












B MISCELLANEOUS INSURANCE
(1) MOTOR




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 21214 443 94400 056 20651 354 83496 777

Less : Premium on reinsurance ceded 0 0 0 62

Net Premium 21214 443 94400 056 20651 354 83496 715

Adjustment for change in reserve for unexpired risks -1864 366 -7906 603 391 679 -441 562

Premium Earned (Net) 19350 077 86493 453 21043 033 83055 153












(2) AVIATION




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 4753 263 15665 419 3007 591 11366 515

Less : Premium on reinsurance ceded 1167 612 3576 560 919 645 2334 477

Net Premium 3585 651 12088 859 2087 946 9032 038

Adjustment for change in reserve for unexpired risks -820 654 -1669 878 -222 416 -1306 436

Premium Earned (Net) 2764 997 10418 981 1865 530 7725 602












(3) ENGINEERING




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 2744 296 12237 820 1972 376 10272 072

Less : Premium on reinsurance ceded 321 776 1271 520 261 271 1531 723

Net Premium 2422 520 10966 300 1711 105 8740 349

Adjustment for change in reserve for unexpired risks -409 708 -1173 297 519 646 503 962

Premium Earned (Net) 2012 812 9793 003 2230 751 9244 311












(4) W.C.




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted -7 884 203 675 30 621 489 191

Less : Premium on reinsurance ceded 22 45 47 73

Net Premium -7 906 203 630 30 574 489 118

Adjustment for change in reserve for unexpired risks 15 416 141 008 19 664 -58 136

Premium Earned (Net) 7 510 344 638 50 238 430 982












(5) Liability




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 1649 876 7343 380 2048 319 6390 975

Less : Premium on reinsurance ceded 109 021 482 411 639 468 1751 502

Net Premium 1540 855 6860 969 1408 851 4639 473

Adjustment for change in reserve for unexpired risks -65 317 -1317 926 -471 427 -891 395

Premium Earned (Net) 1475 538 5543 043 937 424 3748 078












(6) PA




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 2390 252 7992 050 1609 761 7239 068

Less : Premium on reinsurance ceded 978 2 410 3 679 4 630

Net Premium 2389 274 7989 640 1606 082 7234 438

Adjustment for change in reserve for unexpired risks -458 463 -345 675 105 210 -580 126

Premium Earned (Net) 1930 811 7643 965 1711 292 6654 312












(7) Health




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 11530 972 55885 031 10113 418 51472 447

Less : Premium on reinsurance ceded 0 416 586 309 028 309 028

Net Premium 11530 972 55468 445 9804 390 51163 419

Adjustment for change in reserve for unexpired risks 155 441 2504 147 -1280 920 -4494 605

Premium Earned (Net) 11686 413 57972 592 8523 470 46668 814












(8) Agriculture




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 6345 082 154700 693 4199 370 132891 187

Less : Premium on reinsurance ceded -15 870 14896 427 12194 445 18711 893

Net Premium 6360 955 139804 266 -7995 075 114179 294

Adjustment for change in reserve for unexpired risks -113 157 -1420 354 -3482 791 -1296 327

Premium Earned (Net) 6247 798 138383 912 -11477 866 112882 967












(9) Oth. Misc.




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 1734 495 8048 147 2597 267 9203 631

Less : Premium on reinsurance ceded 349 346 1382 561 108 379 1145 618

Net Premium 1385 149 6665 586 2488 888 8058 013

Adjustment for change in reserve for unexpired risks 465 539 613 917 -2619 551 -1562 829

Premium Earned (Net) 1850 688 7279 503 -130 663 6495 184












(10) FL/Credit




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 359 844 2906 719 849 363 3263 446

Less : Premium on reinsurance ceded 0 3 692 0 58 497

Net Premium 359 844 2903 027 849 363 3204 949

Adjustment for change in reserve for unexpired risks 243 371 148 533 -33 516 -693 242

Premium Earned (Net) 603 215 3051 560 815 847 2511 707













TOTAL MISCELLANEOUS




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 52714 640 359382 991 47079 438 316085 307

Less : Premium on reinsurance ceded 1932 885 22032 212 14435 962 25847 503

Net Premium 50781 758 337350 779 32643 476 290237 804

Adjustment for change in reserve for unexpired risks -2851 898 -10426 128 -7074 422 -10820 696

Premium Earned (Net) 47929 860 326924 651 25569 054 279417 108












C MARINE INSURANCE



(1) MARINE CARGO




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 3812 058 11303 107 2196 711 7449 466

Less : Premium on reinsurance ceded 349 126 1078 393 498 420 1267 666

Net Premium 3462 932 10224 714 1698 291 6181 800

Adjustment for change in reserve for unexpired risks -897 250 -2052 107 -329 762 -1259 504

Premium Earned (Net) 2565 682 8172 607 1368 529 4922 296












(2) MARINE HULL




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 2831 085 9789 868 3003 836 10278 704

Less : Premium on reinsurance ceded 434 818 2201 951 445 214 2262 538

Net Premium 2396 267 7587 917 2558 622 8016 166

Adjustment for change in reserve for unexpired risks 76 129 282 607 -301 688 -792 474

Premium Earned (Net) 2472 396 7870 524 2256 934 7223 692













TOTAL MARINE




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 6643 143 21092 975 5200 547 17728 170

Less : Premium on reinsurance ceded 783 944 3280 344 943 634 3530 204

Net Premium 5859 199 17812 631 4256 913 14197 966

Adjustment for change in reserve for unexpired risks -821 121 -1769 500 -631 450 -2051 978

Premium Earned (Net) 5038 078 16043 131 3625 463 12145 988












D LIFE INSURANCE




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 2697 976 9555 658 1330 064 5441 016

Less : Premium on reinsurance ceded 95 702 542 573 181 806 388 487

Net Premium 2602 274 9013 085 1148 258 5052 529

Adjustment for change in reserve for unexpired risks -175 107 -1095 471 32 231 -192 479

Premium Earned (Net) 2427 167 7917 614 1180 489 4860 050












E TOTAL ALL CLASSES




Premium from direct business written 0 0 0 0

Service Tax




Adjustment for change in reserve for unexpired risks




Gross Earned Premium




Add: Premium on reinsurance accepted 92178 407 510301 291 80893 452 442379 949

Less : Premium on reinsurance ceded 7779 510 43747 186 23145 635 52420 243

Net Premium 84398 900 466554 105 57747 817 389959 706

Adjustment for change in reserve for unexpired risks -7711 236 -25099 837 -7184 958 -13168 869

Premium Earned (Net) 76687 664 441454 268 50562 859 376790 837



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