FORM NL-26 - CLAIMS INFORMATION - KG Table I

Insurer : General Insurance Corporation of India

Solvency for the period ended 30.06.2021

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

14151 53.87

12269 96.93

9928 70.60

9811 82.51

2453 99.39

2943 54.75

2943 54.75

2

Misc - Motor

9527 37.06

9458 67.27

7030 33.14

7009 28.86

1891 73.45

2102 78.66

2102 78.66

3

Misc - Aviation

1123 29.45

644 16.53

1337 73.88

999 30.98

128 83.31

299 79.30

299 79.30

4

Misc - Engg

1419 21.76

1232 55.08

1066 94.49

1049 27.48

246 51.02

314 78.24

314 78.24

5

Misc - Oth. Misc.

1754 58.98

1596 63.16

2815 56.99

1423 81.24

319 32.63

591 26.97

591 26.97

6

Misc - Liability

689 53.68

610 31.70

473 26.02

478 72.89

122 06.34

143 61.87

143 61.87

8

Misc - Health

5408 72.28

5232 52.88

5014 54.08

4800 65.90

1046 50.58

1440 19.77

1440 19.77

9

Misc - Agriculture

7528 02.00

5919 42.75

9724 12.04

10615 41.50

1183 88.55

3184 62.45

3184 62.45

12

Marine - Cargo

1379 89.91

1255 62.63

1136 60.49

1077 67.67

251 12.53

323 30.30

323 30.30

13

Marine - Hull

1104 56.58

1003 30.45

1313 43.80

1054 18.05

200 66.09

316 25.41

316 25.41

14

Life

 0.00

 0.00

 0.00

 0.00

 0.00

 0.00

1002 82.04

 

Total

44086 75.57

39223 19.38

39841 25.53

38320 17.10

7844 63.88

11660 17.72

12662 99.77

 

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 30.06.2020

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

1281875.10

1080112.09

962717.65

954600.80

216022.42

286380.24

286380.24

2

Misc - Motor

880437.47

872679.53

691177.64

690578.93

174535.91

207173.68

207173.68

3

Misc - Aviation

161214.28

116454.01

138257.67

110701.51

23290.80

33210.45

33210.45

4

Misc - Engg

121278.94

102719.79

75568.72

76596.34

20543.96

22978.90

22978.90

5

Misc - W.C.

4217.25

4217.03

4084.15

4084.15

843.41

1225.24

1225.24

6

Misc - Liability

81509.37

75250.76

48870.21

47822.14

15050.15

14346.64

15050.15

7

Misc - P.A.

78981.40

78969.00

51892.34

51891.80

15793.80

15567.54

15793.80

8

Misc - Health

402935.22

397081.32

472735.74

469410.15

79416.26

140823.05

140823.05

9

Misc - Agriculture

1177691.06

1068328.94

1481261.06

1467100.60

213665.79

440130.18

440130.18

10

Misc - Oth. Misc.

79766.20

58101.18

44898.07

42657.23

11620.24

12797.17

12797.17

11

Misc - FL/Cr.

25958.54

25921.63

26945.90

27252.54

5184.33

8175.76

8175.76

12

Marine - Cargo

127216.95

115519.02

75394.44

64335.95

23103.80

19300.78

23103.80

13

Marine - Hull

79725.40

65627.30

79169.87

68169.56

13125.46

20450.87

20450.87

14

Life

0.00

0.00

0.00

0.00

0.00

0.00

95749.98

 

Total

45028 07.19

40609 81.59

41529 73.46

40752 01.71

8121 96.32

12225 60.51

13230 43.28

 

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