FORM NL-6-COMMISSION SCHEDULE | ||||||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||||
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 | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 8623 222 | 8623 222 | 5936 113 | 5936 113 | ||
Less: Commission on Re-insurance Ceded | 477 | 477 | 93 313 | 93 313 | ||
Net Commission | 8622 745 | 8622 745 | 5842 800 | 5842 800 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
Note: The profit/ commission, if any, are to be combined with the Re-insurance accepted or Re-insurance ceded figures. | ||||||
B | MISCELLANEOUS INSURANCE | |||||
(1) | MOTOR | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 5227 807 | 5227 807 | 2969 566 | 2969 566 | ||
Less: Commission on Re-insurance Ceded | 257 169 | 257 169 | 0 | 0 | ||
Net Commission | 4970 638 | 4970 638 | 2969 566 | 2969 566 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(2) | AVIATION | |||||
Commission paid | ||||||
Direct | 0 | 0 | 0 | 0 | ||
Add: Re-insurance Accepted | 650 098 | 650 098 | 553 871 | 553 871 | ||
Less: Commission on Re-insurance Ceded | 335 313 | 335 313 | 10 904 | 10 904 | ||
Net Commission | 314 785 | 314 785 | 542 967 | 542 967 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(3) | ENGINEERING | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 804 949 | 804 949 | 753 931 | 753 931 | ||
Less: Commission on Re-insurance Ceded | -229 086 | -229 086 | 31 885 | 31 885 | ||
Net Commission | 1034 035 | 1034 035 | 722 046 | 722 046 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(4) | W.C. | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 73 001 | 73 001 | 7 156 | 7 156 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 73 001 | 73 001 | 7 156 | 7 156 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(5) | Liability | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 652 118 | 652 118 | 413 686 | 413 686 | ||
Less: Commission on Re-insurance Ceded | 54 490 | 54 490 | 24 465 | 24 465 | ||
Net Commission | 597 628 | 597 628 | 389 221 | 389 221 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(6) | P.A. | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 632 575 | 632 575 | 639 708 | 639 708 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 130 | 130 | ||
Net Commission | 632 575 | 632 575 | 639 578 | 639 578 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(7) | Health | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 3494 303 | 3494 303 | 7936 577 | 7936 577 | ||
Less: Commission on Re-insurance Ceded | 19 274 | 19 274 | 0 | 0 | ||
Net Commission | 3475 029 | 3475 029 | 7936 577 | 7936 577 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(8) | Agriculture | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 3331 530 | 3331 530 | 7806 330 | 7806 330 | ||
Less: Commission on Re-insurance Ceded | -869 239 | -869 239 | 7 064 | 7 064 | ||
Net Commission | 4200 769 | 4200 769 | 7799 266 | 7799 266 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(9) | Oth. Misc. | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 741 994 | 741 994 | 737 727 | 737 727 | ||
Less: Commission on Re-insurance Ceded | -143 579 | -143 579 | 30 944 | 30 944 | ||
Net Commission | 885 573 | 885 573 | 706 783 | 706 783 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(10) | FL/Cr | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 190 521 | 190 521 | 187 463 | 187 463 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 190 521 | 190 521 | 187 463 | 187 463 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
TOTAL MISCELLANEOUS | ||||||
Commission paid | ||||||
Direct | 0 | 0 | 0 | 0 | ||
Add: Re-insurance Accepted | 15798 896 | 15798 896 | 22006 015 | 22006 015 | ||
Less: Commission on Re-insurance Ceded | -575 658 | -575 658 | 105 392 | 105 392 | ||
Net Commission | 16374 554 | 16374 554 | 21900 623 | 21900 623 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
C | MARINE INSURANCE | |||||
(1) | MARINE CARGO | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 503 745 | 503 745 | 359 169 | 359 169 | ||
Less: Commission on Re-insurance Ceded | 38 902 | 38 902 | 20 725 | 20 725 | ||
Net Commission | 464 843 | 464 843 | 338 444 | 338 444 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
(2) | MARINE HULL | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 196 132 | 196 132 | 403 996 | 403 996 | ||
Less: Commission on Re-insurance Ceded | 70 095 | 70 095 | 51 437 | 51 437 | ||
Net Commission | 126 037 | 126 037 | 352 559 | 352 559 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
TOTAL MARINE | ||||||
Commission paid | ||||||
Direct | 0 | 0 | 0 | 0 | ||
Add: Re-insurance Accepted | 699 877 | 699 877 | 763 165 | 763 165 | ||
Less: Commission on Re-insurance Ceded | 108 997 | 108 997 | 72 162 | 72 162 | ||
Net Commission | 590 880 | 590 880 | 691 003 | 691 003 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
D | LIFE INSURANCE | |||||
Commission paid | ||||||
Direct | ||||||
Add: Re-insurance Accepted | 10 562 | 10 562 | 18 884 | 18 884 | ||
Less: Commission on Re-insurance Ceded | 0 | 0 | 0 | 0 | ||
Net Commission | 10 562 | 10 562 | 18 884 | 18 884 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||
E | TOTAL ALL CLASSES | |||||
Commission paid | ||||||
Direct | 0 | 0 | 0 | 0 | ||
Add: Re-insurance Accepted | 25132 557 | 25132 557 | 28724 177 | 28724 177 | ||
Less: Commission on Re-insurance Ceded | -466 184 | -466 184 | 270 867 | 270 867 | ||
Net Commission | 25598 741 | 25598 741 | 28453 310 | 28453 310 | ||
Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: | ||||||
Agents | ||||||
Brokers | ||||||
Corporate Agency | ||||||
Referral | ||||||
Others (pl. specify) | ||||||
TOTAL (B) | ||||||