FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

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)

1

 270.68

100.00%

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

1

 270.68

100.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

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

2

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

1

 136.57

6.73%

3

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

21

 1,735.47

85.56%

4

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

1

 6.66

0.33%

5

Reinsurer's with rating less than BBB

6

 83.74

4.13%

6

Govt. Companies (Domestic & Foreign)

3

 (14.02)

 6.18

 51.65

2.16%

7

Pools

1

 22.18

1.09%

8

Other Domestic Cos. (Pvt. Domestic Cos.)

Total

 33.00

 -14.02

 1,990.80

 51.65

100.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

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)

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - Engineering Spec Retro

(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

 449.53

26.78%

3

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

2

 1,229.06

73.22%

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

5

1678.59

100.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - Fire Spec Retro

(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)

6

 395.53

 (25.68)

1.94%

3

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

40

 6,835.41

 826.71

40.28%

4

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

6

 113.34

 0.87

0.60%

5

Reinsurer's with rating less than BBB

6

Govt. Companies (Domestic & Foreign)

4

 (242.77)

 1,609.28

7.18%

7

Pools

1

 83.30

0.44%

8

Other Domestic Cos. (Pvt. Domestic Cos.)

11

 9,427.06

49.56%

Total

68

7101.51

83.3

11838.24

100.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

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)

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme -  Indian Market Terrorism Risk Insurance Pool XOL Program 2020-21

(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)

17

455.38

43.07%

4

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

6

77.63

7.34%

5

Reinsurer's with rating less than BBB

6

Govt. Companies (Domestic & Foreign)

6

284.56

26.91%

7

Pools

1

12.85

1.22%

8

Other Domestic Cos. (Pvt. Domestic Cos.)

12

226.92

21.46%

Total

42

 1,057.33

100.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

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)

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - Life Re - Proportional

(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

 1,238.00

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

 1,238.00

50.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - 1. Combined Marine and Energy XL

2. International Hull and Cargo XL

 (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

 46.62

0.40%

3

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

25

 8,267.09

70.96%

4

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

15

 2,769.16

23.77%

5

Reinsurer's with rating less than BBB

3

 566.68

4.86%

6

Govt. Companies (Domestic & Foreign)

7

Pools

8

Other Domestic Cos. (Pvt. Domestic Cos.)

Total

44

 11,649.55

100%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

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)

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - Non Marine Domestic Programme

(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)

4

 11,116.28

17.50%

3

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

54

 49,567.04

78.03%

4

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

21

 2,246.17

3.54%

5

Reinsurer's with rating less than BBB

4

 264.33

0.42%

6

Govt. Companies (Domestic & Foreign)

2

 166.83

0.26%

7

Pools

1

 161.45

0.25%

8

Other Domestic Cos. (Pvt. Domestic Cos.)

Total

86

 63,522.10

100%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - Non Marine Foreign Programme

(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

 8,820.25

100.00%

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

1

 8,820.25

100.00%

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

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme - Nuclear Pool

(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)

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme -Property Spec Retro by RIWW - Hannover K Quota Share

(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)

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)

2

-307.41

-

-

29.56%

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)

(Premium information is extracted from system)

FORM NL-23

Reinsurance Risk Concentration

Insurer

General Insurance Corporation Of India

Date- 01.04.2020  to 30.06.2020

Name of the RI Programme -Property Spec Retro by RIWW - GIC Synd 1947

International Retro

(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

17.24

-

-

20.00%

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

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

(Premium information is extracted from system)