FORM NL-1-B-RA
Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA
Registration No.--112
Date of--Registration with the IRDA : 2nd April, 2001
REVENUE ACCOUNT FOR THE PERIOD ENDED 31.03.2011
 FIRE INSURANCE BUSINESS - - -
  PARTICULARS SCHEDULE FOR THE PERIOD 31.03.2011 FOR THE PREVIOUS PERIOD 31.03.2010
- - - ( Rs IN 000) ( Rs IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 27373 264 23610 852
2 Profit on sale of Investments (Net) - 1285 365 1327 238
3 Profit/-Loss on Exchange Fluctuation - -117 150 -72 787
4 Interest, Dividend & Rent - Gross - 2702 189 2197 320
- TOTAL (A) - 31243 668 27062 623
1 Claims Incurred (Net) NL-5-Claims Schedule 22004 887 16363 786
2 Commission (Net) NL-6-Commission Schedule 6509 120 7169 849
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 251 916 245 689
4 Expenses relating to Investments - 8 300 6 231
- TOTAL (B) - 28774 223 23785 555
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 2469 445 3277 068
  APPROPRIATIONS -    
- Transfer to Shareholders’ Account - 2469 445 3277 068
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - 2469 445 3277 068
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 PERIOD 31.03.2011 FOR THE PREVIOUS PERIOD 31.03.2010
- - - ( Rs IN 000) ( Rs IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 60139 643 49829 019
2 Profit on sale of Investments (Net) - 2515 593 2892 107
3 Profit/-Loss on Exchange Fluctuation - -98 418 -3 659
4 Interest, Dividend & Rent  - Gross - 5288 466 4788 054
- TOTAL (A) - 67845 284 57505 521
1 Claims Incurred (Net) NL-5-Claims Schedule 58636 096 47482 341
2 Commission (Net) NL-6-Commission Schedule 10675 387 10434 491
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 454 516 399 669
4 Expenses relating to Investments - 16 244 13 577
- TOTAL (B) - 69782 243 58330 078
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - -1936 959 -824 557
  APPROPRIATIONS      
- Transfer to Shareholders’ Account - -1936 959 -824 557
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - -1936 959 -824 557
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 Miscellaneous Insurance Business have been fully debited in the Miscellaneous Insurance Revenue Accounts as expenses.
MARINE INSURANCE BUSINESS      
  Particulars SCHEDULE FOR THE PERIOD 31.03.2011 FOR THE PREVIOUS PERIOD 31.03.2010
- - - ( ` IN 000) ( ` IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 7685 571 7195 663
2 Profit on sale of Investments (Net) - 513 328 655 269
3 Profit/-Loss on Exchange Fluctuation - 10 310 70 233
4 Interest, Dividend & Rent  - Gross - 1079 155 1084 837
  TOTAL (A) - 9288 364 9006 002
1 Claims Incurred (Net) NL-5-Claims Schedule 5437 852 4649 489
2 Commission (Net) NL-6-Commission Schedule 2042 160 1676 874
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 51 704 45 375
4 Expenses relating to Investments - 3 315 3 076
- TOTAL (B) - 7535 031 6374 814
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 1753 333 2631 188
- APPROPRIATIONS - - -
- Transfer to Shareholders’ Account - 1753 333 2631 188
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - 1753 333 2631 188
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 Marine Insurance Business have been fully debited in the Marine Insurance Revenue Accounts as expenses.
LIFE INSURANCE BUSINESS      
- Particulars SCHEDULE FOR THE PERIOD 31.03.2011 FOR THE PREVIOUS PERIOD 31.03.2010
- - - ( ` IN 000) ( ` IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 241 866 128 800
2 Profit on sale of Investments (Net) - 4 842 4 577
3 Profit/-Loss on Exchange Fluctuation - 1 202 -1 978
4 Interest, Dividend & Rent  - Gross - 10 180 7 577
- TOTAL (A) - 258 090 138 976
1 Claims Incurred (Net) NL-5-Claims Schedule 178 944 68 261
2 Commission (Net) NL-6-Commission Schedule 36 826 21 249
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 2 143  946
4 Expenses relating to Investments -  31  21
- TOTAL (B) - 217 944 90 477
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 40 146 48 499
- APPROPRIATIONS - - -
- Transfer to Shareholders’ Account - 40 146 48 499
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - 40 146 48 499
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 Life Insurance Business have been fully debited in the Life Insurance Revenue Accounts as expenses.