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)