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)