FORM NL-6-COMMISSION SCHEDULE

 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

 

FOR THE YEAR ENDED 30.09.2020

      
     

(` '000)

 

PARTICULARS

For the  Three Months  ending 30.09.2020

Upto Six Months Ending 30.09.2020

For the  Three Months  ending 30.09.2019

Upto Six Months Ending 30.09.2019

A

FIRE INSURANCE

    
 

Commission paid

    
 

Direct

    
 

Add: Re-insurance Accepted

9230 437

17853 659

10489 865

16425 978

 

Less: Commission on Re-insurance Ceded

209 339

209 816

42 458

135 771

 

Net Commission

9021 098

17643 843

10447 407

16290 207

 

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

2909 545

8137 352

5227 538

8197 104

 

Less: Commission on Re-insurance Ceded

103 492

360 661

 0

 0

 

Net Commission

2806 053

7776 691

5227 538

8197 104

 

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

613 642

1263 740

530 493

1084 364

 

Less: Commission on Re-insurance Ceded

228 488

563 801

24 605

35 509

 

Net Commission

385 154

699 939

505 888

1048 855

 

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

764 785

1569 734

598 011

1351 942

 

Less: Commission on Re-insurance Ceded

30 980

-198 106

- 33

31 852

 

Net Commission

733 805

1767 840

598 044

1320 090

 

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

10 502

83 503

8 990

16 146

 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 

Net Commission

10 502

83 503

8 990

16 146

 

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

189 527

841 645

364 785

778 471

 

Less: Commission on Re-insurance Ceded

30 771

85 261

20 594

45 059

 

Net Commission

158 756

756 384

344 191

733 412

 

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

400 212

1032 787

210 762

850 470

 

Less: Commission on Re-insurance Ceded

 518

 518

 0

 130

 

Net Commission

399 694

1032 269

210 762

850 340

 

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

3427 103

6921 406

-4682 766

3253 811

 

Less: Commission on Re-insurance Ceded

110 205

129 479

 0

 0

 

Net Commission

3316 898

6791 927

-4682 766

3253 811

 

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

-435 970

2895 560

-2621 053

5185 277

 

Less: Commission on Re-insurance Ceded

28 335

-840 904

4 682

11 746

 

Net Commission

-464 305

3736 464

-2625 735

5173 531

 

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

207 560

949 552

175 247

912 972

 

Less: Commission on Re-insurance Ceded

31 458

-112 121

22 422

53 366

 

Net Commission

176 102

1061 673

152 825

859 606

 

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

278 502

469 023

236 859

424 322

 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 

Net Commission

278 502

469 023

236 859

424 322

 

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

8365 407

24164 301

48 866

22054 879

 

Less: Commission on Re-insurance Ceded

564 247

-11 411

72 270

177 662

 

Net Commission

7801 160

24175 712

-23 404

21877 217

 

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

544 584

1048 329

462 446

821 615

 

Less: Commission on Re-insurance Ceded

15 178

54 080

9 030

29 755

 

Net Commission

529 406

994 249

453 416

791 860

 

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

683 237

879 369

342 935

746 931

 

Less: Commission on Re-insurance Ceded

18 314

88 409

19 433

70 870

 

Net Commission

664 923

790 960

323 502

676 061

 

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

1227 822

1927 699

805 383

1568 548

 

Less: Commission on Re-insurance Ceded

33 492

142 489

28 463

100 625

 

Net Commission

1194 330

1785 210

776 920

1467 923

 

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

65 945

76 507

30 776

49 660

 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 

Net Commission

65 945

76 507

30 776

49 660

 

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

18889 611

44022 166

11374 890

40099 065

 

Less: Commission on Re-insurance Ceded

807 078

340 894

143 191

414 058

 

Net Commission

18082 533

43681 272

11231 699

39685 007

 

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)