FORM NL - 6 - COMMISSION SCHEDULE

 

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

 

FOR THE PERIOD ENDED 31.12.2020

      
     

( in 000)

 

PARTICULARS

For the  Three Months  ending 31.12.2020

Upto Nine Months Ending 31.12.2020

For the  Three Months  ending 31.12.2019

Upto Nine Months Ending 31.12.2019

A

FIRE INSURANCE

    
 

Commission paid

    
 

Direct

    
 

Add: Re-insurance Accepted

6723 352

24577 011

8015 301

24441 279

 

Less: Commission on Re-insurance Ceded

515 897

725 713

62 806

198 577

 

Net Commission

6207 455

23851 298

7952 495

24242 702

 

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

6086 029

14223 381

4805 687

13002 791

 

Less: Commission on Re-insurance Ceded

130 260

490 921

 0

 0

 

Net Commission

5955 769

13732 460

4805 687

13002 791

 

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

488 019

1751 759

862 713

1947 077

 

Less: Commission on Re-insurance Ceded

186 882

750 683

171 015

206 524

 

Net Commission

301 137

1001 076

691 698

1740 553

 

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

837 719

2407 453

670 371

2022 313

 

Less: Commission on Re-insurance Ceded

14 669

-183 437

31 303

63 155

 

Net Commission

823 050

2590 890

639 068

1959 158

 

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

8 446

91 949

10 746

26 892

 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 

Net Commission

8 446

91 949

10 746

26 892

 

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

220 317

1061 962

366 963

1145 434

 

Less: Commission on Re-insurance Ceded

54 030

139 291

7 700

52 759

 

Net Commission

166 287

922 671

359 263

1092 675

 

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

354 760

1387 547

687 473

1537 943

 

Less: Commission on Re-insurance Ceded

 33

 551

 105

 235

 

Net Commission

354 727

1386 996

687 368

1537 708

 

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

1991 934

8913 340

2221 825

5475 636

 

Less: Commission on Re-insurance Ceded

55 883

185 362

60 615

60 615

 

Net Commission

1936 051

8727 978

2161 210

5415 021

 

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

1755 453

4651 013

2582 313

7767 590

 

Less: Commission on Re-insurance Ceded

11 081

-829 823

1 071

12 817

 

Net Commission

1744 372

5480 836

2581 242

7754 773

 

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

481 904

1431 456

315 336

1228 308

 

Less: Commission on Re-insurance Ceded

60 341

-51 780

54 160

107 526

 

Net Commission

421 563

1483 236

261 176

1120 782

 

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

162 054

631 077

191 775

616 097

 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 

Net Commission

162 054

631 077

191 775

616 097

 

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

12386 635

36550 937

12715 202

34770 081

 

Less: Commission on Re-insurance Ceded

513 179

501 768

325 969

503 631

 

Net Commission

11873 456

36049 169

12389 233

34266 450

 

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

456 073

1504 402

361 851

1183 466

 

Less: Commission on Re-insurance Ceded

15 908

69 988

-12 675

17 080

 

Net Commission

440 165

1434 414

374 526

1166 386

 

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

595 742

1475 111

425 292

1172 223

 

Less: Commission on Re-insurance Ceded

20 237

108 646

-44 355

26 515

 

Net Commission

575 505

1366 465

469 647

1145 708

 

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

1051 814

2979 513

787 141

2355 689

 

Less: Commission on Re-insurance Ceded

36 145

178 634

-57 030

43 595

 

Net Commission

1015 669

2800 879

844 171

2312 094

 

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

66 281

142 788

19 976

69 636

 

Less: Commission on Re-insurance Ceded

 0

 0

 0

 0

 

Net Commission

66 281

142 788

19 976

69 636

 

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

20228 083

64250 249

21537 620

61636 685

 

Less: Commission on Re-insurance Ceded

1065 221

1406 115

331 745

745 803

 

Net Commission

19162 862

62844 134

21205 875

60890 882

 

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)