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) | |||||||||||