| FORM NL-1-B-RA | ||||
|---|---|---|---|---|
| Registration No. 112 | ||||
| Date of Registration with the IRDA : 2nd April, 2001 | ||||
| REVENUE ACCOUNT FOR THE QUARTER ENDED 30.06.2010 | ||||
| FIRE INSURANCE BUSINESS | ||||
| Particulars | Schedule | FOR THE QUARTER ENDED 30.6.2010 | FOR THE PREVIOUS QUARTER ENDED 30.6.2009 | |
| (Rs. IN 000) | (Rs. IN 000) | |||
| 1 | Premiums earned (Net) | NL-4-Premium Schedule | 7509 638 | 5281 905 |
| 2 | Profit on sale of Investments (Net) | 77 548 | 220 791 | |
| 3 | Profit/-Loss on Exchange Fluctuation | -47 882 | 15 247 | |
| 4 | Interest, Dividend & Rent - Gross | 579 580 | 460 313 | |
| TOTAL (A) | 8118 884 | 5978 256 | ||
| 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 3729 237 | 3231 648 |
| 2 | Commission (Net) | NL-6-Commission Schedule | 1411 053 | 1861 622 |
| 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 76 644 | 42 229 |
| 4 | Expenses relating to Investments | 3 | 815 | |
| TOTAL (B) | 5216 937 | 5136 314 | ||
| Operating Profit/(Loss) from Fire Business C= (A - B) | 2901 947 | 841 942 | ||
| APPROPRIATIONS | ||||
| Transfer to Shareholders’ Account | 2901 947 | 841 942 | ||
| TOTAL (C) | 2901 947 | 841 942 | ||
| As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Fire Insurance Business have been fully debited in the Fire Insurance Revenue Accounts as expenses. | ||||
| MISCELLANEOUS INSURANCE BUSINESS | ||||
| Particulars | Schedule | FOR THE QUARTER ENDED 30.6.2010 | FOR THE PREVIOUS QUARTER ENDED 30.6.2009 | |
| (Rs. IN 000) | (Rs. IN 000) | |||
| 1 | Premiums earned (Net) | NL-4-Premium Schedule | 12419 455 | 10666 535 |
| 2 | Profit on sale of Investments (Net) | 151 769 | 481 112 | |
| 3 | Profit/-Loss on Exchange Fluctuation | 1 012 | 40 059 | |
| 4 | Interest, Dividend & Rent - Gross | 1134 299 | 1003 042 | |
| TOTAL (A) | 13706 535 | 12190 748 | ||
| 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 10715 007 | 10891 653 |
| 2 | Commission (Net) | NL-6-Commission Schedule | 2287 798 | 2176 307 |
| 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 107 291 | 62 513 |
| 4 | Expenses relating to Investments | 6 | 1 777 | |
| TOTAL (B) | 13110 102 | 13132 250 | ||
| Operating Profit/(Loss) from Miscellaneous Business C= (A - B) | 596 433 | -941 502 | ||
| APPROPRIATIONS | ||||
| Transfer to Shareholders’ Account | 596 433 | -941 502 | ||
| TOTAL (C) | 596 433 | -941 502 | ||
| As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Fire Insurance Business have been fully debited in the Miscellaneous Insurance Revenue Accounts as expenses. | ||||
| MARINE INSURANCE BUSINESS | ||||
| Particulars | Schedule | FOR THE QUARTER ENDED 30.6.2010 | FOR THE PREVIOUS QUARTER ENDED 30.6.2009 | |
| (Rs. IN 000) | (Rs. IN 000) | |||
| 1 | Premiums earned (Net) | NL-4-Premium Schedule | 1624 850 | 1390 089 |
| 2 | Profit on sale of Investments (Net) | 30 970 | 109 006 | |
| 3 | Profit/-Loss on Exchange Fluctuation | 46 198 | 6 213 | |
| 4 | Interest, Dividend & Rent - Gross | 231 463 | 227 261 | |
| TOTAL (A) | 1933 481 | 1732 569 | ||
| 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 1588 344 | 1330 364 |
| 2 | Commission (Net) | NL-6-Commission Schedule | 447 138 | 376 790 |
| 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 14 882 | 6 957 |
| 4 | Expenses relating to Investments | 1 | 403 | |
| TOTAL (B) | 2050 365 | 1714 514 | ||
| Operating Profit/(Loss) from Marine Business C= (A - B) | -116 884 | 18 055 | ||
| APPROPRIATIONS | ||||
| Transfer to Shareholders’ Account | -116 884 | 18 055 | ||
| TOTAL (C) | -116 884 | 18 055 | ||
| As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Fire Insurance Business have been fully debited in the Marine Insurance Revenue Accounts as expenses. | ||||
| LIFE INSURANCE BUSINESS | ||||
| Particulars | Schedule | FOR THE QUARTER ENDED 30.6.2010 | FOR THE PREVIOUS QUARTER ENDED 30.6.2009 | |
| (Rs. IN 000) | (Rs. IN 000) | |||
| 1 | Premiums earned (Net) | NL-4-Premium Schedule | 30 152 | 18 713 |
| 2 | Profit on sale of Investments (Net) | 292 | 761 | |
| 3 | Profit/-Loss on Exchange Fluctuation | - 57 | - 2 | |
| 4 | Interest, Dividend & Rent - Gross | 2 183 | 1 587 | |
| TOTAL (A) | 32 570 | 21 059 | ||
| 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 9 195 | 11 426 |
| 2 | Commission (Net) | NL-6-Commission Schedule | 1 740 | 835 |
| 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 197 | 175 |
| 4 | Expenses relating to Investments | 0 | 3 | |
| TOTAL (B) | 11 132 | 12 439 | ||
| Operating Profit/(Loss) from Life Business C= (A - B) | 21 438 | 8 620 | ||
| APPROPRIATIONS | ||||
| Transfer to Shareholders’ Account | 21 438 | 8 620 | ||
| TOTAL (C) | 21 438 | 8 620 | ||
| As required by Section 40C (2) of the Insurance Act, 1938, we certify that, all expenses of management, wherever incurred, whether directly or indirectly, in respect of Fire Insurance Business have been fully debited in the Lifee Insurance Revenue Accounts as expenses. | ||||