FORM NL-26 - CLAIMS INFORMATION - KG Table I

Insurer : General Insurance Corporation of India

Solvency for the period ended 30.06.2020

Required solvency margin based on net premium and net incurred claims

        

(Rs. in Lacs)

Item No.

Description

PREMIUM

CLAIM

RSM-1

RSM-2

RSM

Gross  Premium

Net  Premium

Gross incurred claim

Net incurred Claim

1

Fire

12818 75.10

10801 12.09

9627 17.65

9546 00.80

2160 22.42

2863 80.24

2863 80.24

2

Misc - Motor

8804 37.47

8726 79.53

6911 77.64

6905 78.93

1745 35.91

2071 73.68

2071 73.68

3

Misc - Aviation

1612 14.28

1164 54.01

1382 57.67

1107 01.51

232 90.80

332 10.45

332 10.45

4

Misc - Engg

1212 78.94

1027 19.79

755 68.72

765 96.34

205 43.96

229 78.90

229 78.90

5

Misc - W.C.

42 17.25

42 17.03

40 84.15

40 84.15

8 43.41

12 25.24

12 25.24

6

Misc - Liability

815 09.37

752 50.76

488 70.21

478 22.14

150 50.15

143 46.64

150 50.15

7

Misc - P.A.

789 81.40

789 69.00

518 92.34

518 91.80

157 93.80

155 67.54

157 93.80

8

Misc - Health

4029 35.22

3970 81.32

4727 35.74

4694 10.15

794 16.26

1408 23.05

1408 23.05

9

Misc - Agriculture

11776 91.06

10683 28.94

14812 61.06

14671 00.60

2136 65.79

4401 30.18

4401 30.18

10

Misc - Oth. Misc.

797 66.20

581 01.18

448 98.07

426 57.23

116 20.24

127 97.17

127 97.17

11

Misc - FL/Cr.

259 58.54

259 21.63

269 45.90

272 52.54

51 84.33

81 75.76

81 75.76

12

Marine - Cargo

1272 16.95

1155 19.02

753 94.44

643 35.95

231 03.80

193 00.78

231 03.80

13

Marine - Hull

797 25.40

656 27.30

791 69.87

681 69.56

131 25.46

204 50.87

204 50.87

14

Life

 0.00

 0.00

 0.00

 0.00

 0.00

 0.00

957 49.98

 

Total

45028 07.19

40609 81.59

41529 73.46

40752 01.71

8121 96.32

12225 60.51

13230 43.28

 

RSM1 premium has been calculated based on 12 month figure  on rolling basis complying with circular no.  IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010.

 

RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006

         
         

Solvency for the period ended 30.06.2019

Required solvency margin based on net premium and net incurred claims

        

(` in Lacs)

Item No.

Description

PREMIUM

CLAIM

RSM-1

RSM-2

RSM

Gross  Premium

Net  Premium

Gross incurred claim

Net incurred Claim

1

Fire

1080085.03

866912.51

973995.23

813767.91

173382.50

244130.37

244130.37

2

Misc - Motor

867521.58

867521.27

762118.70

762118.70

173504.25

228635.61

228635.61

3

Misc - Aviation

127547.00

98847.59

139378.84

102163.70

19769.52

30649.11

30649.11

4

Misc - Engg

110387.28

98424.29

61896.66

67021.97

19684.86

20106.59

20106.59

5

Misc - W.C.

4632.31

4631.37

2798.23

2798.23

926.27

839.47

926.27

6

Misc - Liability

72899.15

56288.87

31206.29

31055.64

11257.77

9316.69

11257.77

7

Misc - P.A.

74718.97

74660.96

55999.33

55999.33

14932.19

16799.80

16799.80

8

Misc - Health

614584.85

611494.57

446413.75

445453.18

122298.91

133635.95

133635.95

9

Misc - Agriculture

1326923.94

1156326.57

1230879.52

1221093.12

231265.31

366327.94

366327.94

10

Misc - Oth. Misc.

66819.15

58701.72

57608.35

49792.02

11740.34

14937.61

14937.61

11

Misc - FL/Cr.

32280.29

31975.99

24354.83

23466.02

6395.20

7039.80

7039.80

12

Marine - Cargo

80683.27

68283.40

30725.36

27623.28

13656.68

8286.98

13656.68

13

Marine - Hull

106245.42

82200.81

56322.65

48167.91

16440.16

14450.37

16440.16

14

Life

0.00

0.00

0.00

0.00

0.00

0.00

81498.54

 

Total

45653 28.24

40762 69.93

38736 97.73

36505 21.01

8152 53.99

10951 56.30

11860 42.21

 

RSM1 premium has been calculated based on 12 month figure  on rolling basis complying with circular no.  IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010.

 

RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006