FORM NL-5 - CLAIMS SCHEDULE

 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

 

CLAIMS INCURRED [NET]

 

FOR THE YEAR ENDED 30.06.2020

 
     

(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

 

A

FIRE INSURANCE

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

14901 822

14901 822

17804 231

17804 231

 
 

Less :Re-insurance Ceded to claims paid

430 467

430 467

3397 362

3397 362

 
 

Net Claims Paid

14471 355

14471 355

14406 869

14406 869

 
 

Add : Claims Outstanding at the end of the year

157818 937

157818 937

128122 612

128122 612

 
 

Less: Claims Outstanding at the beginning of the year

139677 646

139677 646

124265 299

124265 299

 
 

Total Claims Incurred

32612 646

32612 646

18264 182

18264 182

 
       
       

B

MISCELLANEOUS INSURANCE

     

(1)

MOTOR

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

13945 886

13945 886

11206 945

11206 945

 
 

Less :Re-insurance Ceded to claims paid

-498 328

-498 328

 0

 0

 
 

Net Claims Paid

14444 214

14444 214

11206 945

11206 945

 
 

Add : Claims Outstanding at the end of the year

144246 782

144246 782

130344 512

130344 512

 
 

Less: Claims Outstanding at the beginning of the year

143935 246

143935 246

119087 988

119087 988

 
 

Total Claims Incurred

14755 750

14755 750

22463 469

22463 469

 
       
       

(2)

AVIATION

     
 

Claims paid

     
 

Direct claims

 0

 0

 0

 0

 
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

1706 919

1706 919

3228 020

3228 020

 
 

Less :Re-insurance Ceded to claims paid

497 022

497 022

830 666

830 666

 
 

Net Claims Paid

1209 897

1209 897

2397 354

2397 354

 
 

Add : Claims Outstanding at the end of the year

15694 953

15694 953

11595 967

11595 967

 
 

Less: Claims Outstanding at the beginning of the year

14995 311

14995 311

11137 632

11137 632

 
 

Total Claims Incurred

1909 539

1909 539

2855 689

2855 689

 
       
       

(3)

ENGINEERING

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

1724 873

1724 873

1446 299

1446 299

 
 

Less :Re-insurance Ceded to claims paid

-85 093

-85 093

17 009

17 009

 
 

Net Claims Paid

1809 966

1809 966

1429 290

1429 290

 
 

Add : Claims Outstanding at the end of the year

20917 023

20917 023

18424 023

18424 023

 
 

Less: Claims Outstanding at the beginning of the year

22213 251

22213 251

17733 208

17733 208

 
 

Total Claims Incurred

513 738

513 738

2120 105

2120 105

 
       
       

(4)

WC

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

53 710

53 710

29 489

29 489

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 
 

Net Claims Paid

53 710

53 710

29 489

29 489

 
 

Add : Claims Outstanding at the end of the year

876 865

876 865

674 023

674 023

 
 

Less: Claims Outstanding at the beginning of the year

812 377

812 377

655 257

655 257

 
 

Total Claims Incurred

118 198

118 198

48 255

48 255

 
       
       

(5)

Liability

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

298 564

298 564

162 877

162 877

 
 

Less :Re-insurance Ceded to claims paid

57 199

57 199

8 307

8 307

 
 

Net Claims Paid

241 365

241 365

154 570

154 570

 
 

Add : Claims Outstanding at the end of the year

9283 834

9283 834

5460 813

5460 813

 
 

Less: Claims Outstanding at the beginning of the year

8036 253

8036 253

4769 475

4769 475

 
 

Total Claims Incurred

1488 946

1488 946

845 908

845 908

 
       
       

(6)

PA

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

1166 397

1166 397

1319 329

1319 329

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 
 

Net Claims Paid

1166 397

1166 397

1319 329

1319 329

 
 

Add : Claims Outstanding at the end of the year

7919 664

7919 664

6592 042

6592 042

 
 

Less: Claims Outstanding at the beginning of the year

7555 901

7555 901

5945 650

5945 650

 
 

Total Claims Incurred

1530 160

1530 160

1965 721

1965 721

 
       
       

(7)

Health

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

8076 181

8076 181

10877 056

10877 056

 
 

Less :Re-insurance Ceded to claims paid

138 678

138 678

 0

 0

 
 

Net Claims Paid

7937 503

7937 503

10877 056

10877 056

 
 

Add : Claims Outstanding at the end of the year

34682 866

34682 866

24585 329

24585 329

 
 

Less: Claims Outstanding at the beginning of the year

35261 054

35261 054

20178 545

20178 545

 
 

Total Claims Incurred

7359 315

7359 315

15283 840

15283 840

 
       
       

(8)

Agriculture

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

12188 923

12188 923

22475 506

22475 506

 
 

Less :Re-insurance Ceded to claims paid

19 746

19 746

60 298

60 298

 
 

Net Claims Paid

12169 177

12169 177

22415 208

22415 208

 
 

Add : Claims Outstanding at the end of the year

202097 404

202097 404

164216 674

164216 674

 
 

Less: Claims Outstanding at the beginning of the year

159349 639

159349 639

112451 396

112451 396

 
 

Total Claims Incurred

54916 942

54916 942

74180 486

74180 486

 
       
       

(9)

Oth. Misc.

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

1057 855

1057 855

1655 714

1655 714

 
 

Less :Re-insurance Ceded to claims paid

-42 412

-42 412

119 702

119 702

 
 

Net Claims Paid

1100 267

1100 267

1536 012

1536 012

 
 

Add : Claims Outstanding at the end of the year

10476 641

10476 641

11497 622

11497 622

 
 

Less: Claims Outstanding at the beginning of the year

5311 910

5311 910

8811 750

8811 750

 
 

Total Claims Incurred

6264 998

6264 998

4221 884

4221 884

 
       
       

(10)

FL/Credit

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

312 657

312 657

260 183

260 183

 
 

Less :Re-insurance Ceded to claims paid

 0

 0

 0

 0

 
 

Net Claims Paid

312 657

312 657

260 183

260 183

 
 

Add : Claims Outstanding at the end of the year

9373 562

9373 562

8462 042

8462 042

 
 

Less: Claims Outstanding at the beginning of the year

9431 623

9431 623

8183 734

8183 734

 
 

Total Claims Incurred

254 596

254 596

538 491

538 491

 
       
       
 

TOTAL  MISCELLANEOUS

     
 

Claims paid

     
 

Direct claims

 0

 0

 0

 0

 
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

40531 965

40531 965

52661 418

52661 418

 
 

Less :Re-insurance Ceded to claims paid

86 812

86 812

1035 982

1035 982

 
 

Net Claims Paid

40445 153

40445 153

51625 436

51625 436

 
 

Add : Claims Outstanding at the end of the year

455569 594

455569 594

381853 047

381853 047

 
 

Less: Claims Outstanding at the beginning of the year

406902 565

406902 565

308954 635

308954 635

 
 

Total Claims Incurred

89112 182

89112 182

124523 848

124523 848

 
       
       

C

MARINE INSURANCE

     

(1)

MARINE CARGO

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

1615 073

1615 073

952 741

952 741

 
 

Less :Re-insurance Ceded to claims paid

67 122

67 122

124 598

124 598

 
 

Net Claims Paid

1547 951

1547 951

828 143

828 143

 
 

Add : Claims Outstanding at the end of the year

7483 072

7483 072

6194 130

6194 130

 
 

Less: Claims Outstanding at the beginning of the year

6816 985

6816 985

6124 214

6124 214

 
 

Total Claims Incurred

2214 038

2214 038

898 059

898 059

 
       
       

(2)

MARINE HULL

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

1567 926

1567 926

1380 000

1380 000

 
 

Less :Re-insurance Ceded to claims paid

-40 327

-40 327

804 056

804 056

 
 

Net Claims Paid

1608 253

1608 253

575 944

575 944

 
 

Add : Claims Outstanding at the end of the year

14772 989

14772 989

12842 707

12842 707

 
 

Less: Claims Outstanding at the beginning of the year

14190 427

14190 427

11730 451

11730 451

 
 

Total Claims Incurred

2190 815

2190 815

1688 200

1688 200

 
       
       
 

TOTAL MARINE

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

3182 999

3182 999

2332 741

2332 741

 
 

Less :Re-insurance Ceded to claims paid

26 795

26 795

928 654

928 654

 
 

Net Claims Paid

3156 204

3156 204

1404 087

1404 087

 
 

Add : Claims Outstanding at the end of the year

22256 061

22256 061

19036 837

19036 837

 
 

Less: Claims Outstanding at the beginning of the year

21007 412

21007 412

17854 665

17854 665

 
 

Total Claims Incurred

4404 853

4404 853

2586 259

2586 259

 
       
       

D

LIFE INSURANCE

     
 

Claims paid

     
 

Direct claims

     
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

2126 290

2126 290

1858 628

1858 628

 
 

Less :Re-insurance Ceded to claims paid

102 166

102 166

277 462

277 462

 
 

Net Claims Paid

2024 124

2024 124

1581 166

1581 166

 
 

Add : Claims Outstanding at the end of the year

6262 999

6262 999

4294 129

4294 129

 
 

Less: Claims Outstanding at the beginning of the year

5729 442

5729 442

4242 699

4242 699

 
 

Total Claims Incurred

2557 681

2557 681

1632 596

1632 596

 
       
       

E

TOTAL ALL CLASSES

     
 

Claims paid

     
 

Direct claims

 0

 0

 0

 0

 
 

Add Claims Outstanding at the end of the year

     
 

Less Claims Outstanding at the beginning of the year

     
 

Gross Incurred Claims

     
 

Add   :Re-insurance accepted to direct claims

60743 076

60743 076

74657 018

74657 018

 
 

Less :Re-insurance Ceded to claims paid

646 240

646 240

5639 460

5639 460

 
 

Net Claims Paid

60096 836

60096 836

69017 558

69017 558

 
 

Add : Claims Outstanding at the end of the year

641907 591

641907 591

533306 625

533306 625

 
 

Less: Claims Outstanding at the beginning of the year

573317 065

573317 065

455317 298

455317 298

 
 

Total Claims Incurred

128687 362

128687 362

147006 885

147006 885