FORM NL-4-PREMIUM SCHEDULE

 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

 

PREMIUM EARNED [NET]

 

FOR THE YEAR ENDED 30.06.2020

 

A

FIRE INSURANCE

   

(Rs. '000)

 
 

PARTICULARS

For the  Three Months  ending 30.06.2020

Upto Three Months Ending 30.06.2020

For the  Three Months  ending 30.06.2019

Upto Three Months Ending 30.06.2019

 
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

39259 197

39259 197

31341 354

31341 354

 
 

Less : Premium on reinsurance ceded

6668 492

6668 492

4384 248

4384 248

 
 

Net Premium

32590 705

32590 705

26957 106

26957 106

 
 

Adjustment for change in reserve for unexpired risks

-2188 257

-2188 257

-1162 769

-1162 769

 
 

Premium Earned (Net)

30402 448

30402 448

25794 337

25794 337

 
       
       

B

MISCELLANEOUS INSURANCE

     

(1)

MOTOR

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

17262 368

17262 368

23618 677

23618 677

 
 

Less : Premium on reinsurance ceded

775 794

775 794

 0

 0

 
 

Net Premium

16486 574

16486 574

23618 677

23618 677

 
 

Adjustment for change in reserve for unexpired risks

892 492

892 492

-2811 896

-2811 896

 
 

Premium Earned (Net)

17379 066

17379 066

20806 781

20806 781

 
       
       

(2)

AVIATION

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

3469 702

3469 702

3013 693

3013 693

 
 

Less : Premium on reinsurance ceded

1764 827

1764 827

865 359

865 359

 
 

Net Premium

1704 875

1704 875

2148 334

2148 334

 
 

Adjustment for change in reserve for unexpired risks

307 511

307 511

-405 223

-405 223

 
 

Premium Earned (Net)

2012 386

2012 386

1743 111

1743 111

 
       
       

(3)

ENGINEERING

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

3453 173

3453 173

3563 099

3563 099

 
 

Less : Premium on reinsurance ceded

933 056

933 056

348 661

348 661

 
 

Net Premium

2520 117

2520 117

3214 438

3214 438

 
 

Adjustment for change in reserve for unexpired risks

391 168

391 168

-554 678

-554 678

 
 

Premium Earned (Net)

2911 285

2911 285

2659 760

2659 760

 
       
       

(4)

W.C.

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

284 766

284 766

66 717

66 717

 
 

Less : Premium on reinsurance ceded

 0

 0

 23

 23

 
 

Net Premium

284 766

284 766

66 694

66 694

 
 

Adjustment for change in reserve for unexpired risks

-108 803

-108 803

14 298

14 298

 
 

Premium Earned (Net)

175 963

175 963

80 992

80 992

 
       
       

(5)

Liability

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

2786 886

2786 886

1979 329

1979 329

 
 

Less : Premium on reinsurance ceded

310 680

310 680

167 229

167 229

 
 

Net Premium

2476 206

2476 206

1812 100

1812 100

 
 

Adjustment for change in reserve for unexpired risks

-329 771

-329 771

-494 978

-494 978

 
 

Premium Earned (Net)

2146 435

2146 435

1317 122

1317 122

 
       
       

(6)

PA

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

2035 978

2035 978

2129 887

2129 887

 
 

Less : Premium on reinsurance ceded

 1

 1

1 171

1 171

 
 

Net Premium

2035 977

2035 977

2128 716

2128 716

 
 

Adjustment for change in reserve for unexpired risks

-225 423

-225 423

240 357

240 357

 
 

Premium Earned (Net)

1810 554

1810 554

2369 073

2369 073

 
       
       

(7)

Health

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

8434 683

8434 683

24026 192

24026 192

 
 

Less : Premium on reinsurance ceded

168 804

168 804

 0

 0

 
 

Net Premium

8265 879

8265 879

24026 192

24026 192

 
 

Adjustment for change in reserve for unexpired risks

-932 748

-932 748

-72 125

-72 125

 
 

Premium Earned (Net)

7333 131

7333 131

23954 067

23954 067

 
       
       

(8)

Agriculture

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

69832 373

69832 373

106763 960

106763 960

 
 

Less : Premium on reinsurance ceded

152 710

152 710

4112 925

4112 925

 
 

Net Premium

69679 663

69679 663

102651 035

102651 035

 
 

Adjustment for change in reserve for unexpired risks

-8056 544

-8056 544

-23823 430

-23823 430

 
 

Premium Earned (Net)

61623 119

61623 119

78827 605

78827 605

 
       
       

(9)

Oth. Misc.

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

3378 134

3378 135

3449 660

3449 662

 
 

Less : Premium on reinsurance ceded

943 940

943 940

160 000

160 000

 
 

Net Premium

2434 194

2434 195

3289 660

3289 662

 
 

Adjustment for change in reserve for unexpired risks

474 285

474 285

1071 298

1071 298

 
 

Premium Earned (Net)

2908 479

2908 480

4360 958

4360 960

 
       
       

(10)

FL/Credit

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

510 231

510 231

821 096

821 096

 
 

Less : Premium on reinsurance ceded

 0

 0

 0

 0

 
 

Net Premium

510 231

510 231

821 096

821 096

 
 

Adjustment for change in reserve for unexpired risks

156 481

156 481

3 964

3 964

 
 

Premium Earned (Net)

666 712

666 712

825 060

825 060

 
       
       
 

TOTAL  MISCELLANEOUS

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

111448 294

111448 295

169432 310

169432 312

 
 

Less : Premium on reinsurance ceded

5049 812

5049 812

5655 368

5655 368

 
 

Net Premium

106398 482

106398 483

163776 942

163776 944

 
 

Adjustment for change in reserve for unexpired risks

-7431 352

-7431 352

-26832 413

-26832 413

 
 

Premium Earned (Net)

98967 130

98967 131

136944 529

136944 531

 
       
       

C

MARINE INSURANCE

     

(1)

MARINE CARGO

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

3592 201

3592 201

2173 614

2173 614

 
 

Less : Premium on reinsurance ceded

328 605

328 605

237 205

237 205

 
 

Net Premium

3263 596

3263 596

1936 409

1936 409

 
 

Adjustment for change in reserve for unexpired risks

-656 350

-656 350

-313 559

-313 559

 
 

Premium Earned (Net)

2607 246

2607 246

1622 850

1622 850

 
       
       

(2)

MARINE HULL

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

1158 086

1158 086

2975 414

2975 414

 
 

Less : Premium on reinsurance ceded

391 406

391 406

1183 546

1183 546

 
 

Net Premium

766 680

766 680

1791 868

1791 868

 
 

Adjustment for change in reserve for unexpired risks

1037 862

1037 862

-209 121

-209 121

 
 

Premium Earned (Net)

1804 542

1804 542

1582 747

1582 747

 
       
       
 

TOTAL MARINE

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

4750 287

4750 287

5149 028

5149 028

 
 

Less : Premium on reinsurance ceded

720 011

720 011

1420 751

1420 751

 
 

Net Premium

4030 276

4030 276

3728 277

3728 277

 
 

Adjustment for change in reserve for unexpired risks

381 512

381 512

-522 680

-522 680

 
 

Premium Earned (Net)

4411 788

4411 788

3205 597

3205 597

 
       
       

D

LIFE INSURANCE

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

3357 697

3357 697

2208 555

2208 555

 
 

Less : Premium on reinsurance ceded

124 372

124 372

230 249

230 249

 
 

Net Premium

3233 325

3233 325

1978 306

1978 306

 
 

Adjustment for change in reserve for unexpired risks

-396 382

-396 382

-551 560

-551 560

 
 

Premium Earned (Net)

2836 943

2836 943

1426 746

1426 746

 
       
       

E

TOTAL ALL CLASSES

     
 

Premium from direct business written

 0

 0

 0

 0

 
 

Service Tax

     
 

Adjustment for change in reserve for unexpired risks

     
 

Gross Earned Premium

     
 

Add: Premium on reinsurance accepted

158815 475

158815 476

208131 247

208131 249

 
 

Less : Premium on reinsurance ceded

12562 687

12562 687

11690 616

11690 616

 
 

Net Premium

146252 788

146252 789

196440 631

196440 633

 
 

Adjustment for change in reserve for unexpired risks

-9634 479

-9634 479

-29069 422

-29069 422

 
 

Premium Earned (Net)

136618 309

136618 310

167371 209

167371 211