FORM NL-26 - CLAIMS INFORMATION - KG Table I

         

Insurer : General Insurance Corporation of India

Solvency for the period ended 31.03.2021

Required solvency margin based on net premium and net incurred claims

        

(₹ in Lacs)

Item No.

Description

PREMIUM

CLAIM

RSM-1

RSM-2

RSM

Gross  Premium

Net  Premium

Gross incurred claim

Net incurred Claim

1

Fire

14123 41.41

11957 25.86

9651 04.62

9534 72.41

2391 45.17

2860 41.72

2860 41.72

2

Misc - Motor

8846 89.84

8700 62.11

7016 12.23

6974 21.02

1740 12.42

2092 26.31

2092 26.31

3

Misc - Aviation

1297 26.18

757 48.34

1344 17.97

965 55.72

151 49.67

289 66.72

289 66.72

4

Misc - Engg

1377 77.06

1141 96.11

879 29.60

850 64.79

228 39.22

255 19.44

255 19.44

5

Misc - Oth. Misc.

1989 05.54

1763 99.98

1790 23.91

1733 68.15

352 80.00

520 10.44

520 10.44

6

Misc - Liability

790 55.37

694 14.58

446 04.99

446 57.96

138 82.92

133 97.39

138 82.92

7

Misc - Health

5606 01.16

5447 37.60

4929 08.63

4783 66.22

1089 47.52

1435 09.86

1435 09.86

8

Misc - Agriculture

9198 62.82

8229 50.77

12309 85.02

11949 40.70

1645 90.15

3584 82.21

3584 82.21

9

Marine - Cargo

1457 60.08

1337 09.46

1103 49.36

1050 63.69

267 41.89

315 19.11

315 19.11

10

Marine - Hull

1072 97.33

961 02.81

1245 52.62

1088 89.36

192 20.56

326 66.81

326 66.81

11

Life

 0.00

 0.00

 0.00

 0.00

 0.00

 0.00

1005 29.84

 

Total

45760 16.79

40990 47.60

40714 88.97

39378 00.01

8198 09.52

11813 40.00

12823 55.37

 

RSM1 premium has been calculated based on 12 month figure  on rolling basis complying with circular no.  IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010.

 

RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006

         
         

Solvency for the period ended 31.03.2020

Required solvency margin based on net premium and net incurred claims

        

(₹ in Lacs)

Item No.

Description

PREMIUM

CLAIM

RSM-1

RSM-2

RSM

Gross  Premium

Net  Premium

Gross incurred claim

Net incurred Claim

1

Fire

1202696.67

1023776.10

876069.36

811116.15

204755.22

243334.85

243334.85

2

Misc - Motor

944000.56

944000.56

756162.82

756162.84

188800.11

226848.85

226848.85

3

Misc - Aviation

156654.19

120888.59

147628.43

120163.00

24177.72

36048.90

36048.90

4

Misc - Engg

122378.20

109663.00

87799.07

92660.02

21932.60

27798.01

27798.01

5

Misc - W.C.

2036.75

2036.31

3384.72

3384.72

407.26

1015.42

1015.42

6

Misc - Liability

73433.80

68609.70

41924.09

41391.76

13721.94

12417.53

13721.94

7

Misc - P.A.

79920.50

79896.40

55850.96

55849.35

15979.28

16754.80

16754.80

8

Misc - Health

558850.31

554684.45

550594.22

548655.42

110936.89

164596.63

164596.63

9

Misc - Agriculture

1547006.93

1398042.66

1665590.73

1659736.05

279608.53

497920.81

497920.81

10

Misc - Oth. Misc.

80481.47

66655.85

28085.78

26128.87

13331.17

7838.66

13331.17

11

Misc - FL/Cr.

29067.19

29030.28

29766.55

30182.68

5806.06

9054.81

9054.81

12

Marine - Cargo

113031.07

102247.13

62707.43

51176.15

20449.43

15352.85

20449.43

13

Marine - Hull

97898.68

75879.17

67945.87

63143.42

15175.83

18943.03

18943.03

14

Life

0.00

0.00

0.00

0.00

0.00

0.00

98712.54

 

Total

50074 56.33

45754 10.19

43735 10.05

42597 50.44

9150 82.04

12779 25.13

13885 31.17

 

RSM1 premium has been calculated based on 12 month figure  on rolling basis complying with circular no.  IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010.

 

RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006