FORM NL-6-COMMISSION SCHEDULE

    
 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

    
 

FOR THE YEAR ENDED 31.03.2020

    
       
     

( 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

 

A

FIRE INSURANCE

     
 

Commission paid

     
 

Direct

     
 

Add: Re-insurance Accepted

5535 836

29977 115

5341 777

22099 269

 
 

Less: Commission on Re-insurance Ceded

428 453

627 030

121 144

336 145

 
 

Net Commission

5107 383

29350 085

5220 633

21763 124

 
 

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

3654 892

16657 683

2451 053

12147 567

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 9

 
 

Net Commission

3654 892

16657 683

2451 053

12147 558

 
 

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

 0

 69

 
 

Add: Re-insurance Accepted

891 657

2838 735

535 482

2077 306

 
 

Less: Commission on Re-insurance Ceded

219 692

426 216

18 141

97 076

 
 

Net Commission

671 965

2412 519

517 341

1980 299

 
 

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

637 951

2660 264

448 334

2446 482

 
 

Less: Commission on Re-insurance Ceded

258 992

322 147

16 037

45 019

 
 

Net Commission

378 959

2338 117

432 297

2401 463

 
 

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

1 489

28 381

5 361

127 915

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 
 

Net Commission

1 489

28 381

5 361

127 915

 
 

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

332 386

1477 820

375 480

1101 221

 
 

Less: Commission on Re-insurance Ceded

17 900

70 659

63 569

190 780

 
 

Net Commission

314 486

1407 161

311 911

910 441

 
 

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

671 793

2209 736

416 195

1587 267

 
 

Less: Commission on Re-insurance Ceded

 47

 282

3 214

3 461

 
 

Net Commission

671 746

2209 454

412 981

1583 806

 
 

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

1795 392

7271 028

478 688

8141 336

 
 

Less: Commission on Re-insurance Ceded

 0

60 615

36 513

36 513

 
 

Net Commission

1795 392

7210 413

442 175

8104 823

 
 

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

445 211

8212 801

335 346

7606 013

 
 

Less: Commission on Re-insurance Ceded

2 321

15 139

871 896

873 551

 
 

Net Commission

442 890

8197 662

-536 550

6732 462

 
 

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

343 886

1572 194

452 368

1791 075

 
 

Less: Commission on Re-insurance Ceded

270 183

377 709

13 566

48 534

 
 

Net Commission

73 703

1194 485

438 802

1742 541

 
 

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

100 942

717 039

247 640

733 622

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

4 310

 
 

Net Commission

100 942

717 039

247 640

729 312

 
 

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

 0

 69

 
 

Add: Re-insurance Accepted

8875 599

43645 684

5745 947

37759 806

 
 

Less: Commission on Re-insurance Ceded

769 135

1272 767

1022 936

1299 253

 
 

Net Commission

8106 464

42372 917

4723 011

36460 622

 
 

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

472 713

1656 180

360 922

1332 516

 
 

Less: Commission on Re-insurance Ceded

12 041

29 121

78 992

130 635

 
 

Net Commission

460 672

1627 059

281 930

1201 881

 
 

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

497 451

1669 674

369 038

1765 740

 
 

Less: Commission on Re-insurance Ceded

7 896

34 411

132 561

213 272

 
 

Net Commission

489 555

1635 263

236 477

1552 468

 
 

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

970 164

3325 854

729 960

3098 256

 
 

Less: Commission on Re-insurance Ceded

19 937

63 532

211 553

343 907

 
 

Net Commission

950 227

3262 322

518 407

2754 349

 
 

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

28 537

98 173

14 718

76 197

 
 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 
 

Net Commission

28 537

98 173

14 718

76 197

 
 

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

 0

 69

 
 

Add: Re-insurance Accepted

15410 136

77046 826

11832 402

63033 528

 
 

Less: Commission on Re-insurance Ceded

1217 525

1963 329

1355 633

1979 305

 
 

Net Commission

14192 611

75083 497

10476 769

61054 292

 
 

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