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 30.06.2014
FIRE INSURANCE BUSINESS
Sr. No.	PARTICULARS	SCHEDULE	For the quarter ending 30.06.2014	Up to the quarter ending 30.06.2014	For the corresponding quarter of the preceeding year	Up to the Quarter of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	11666691	11666691	10688434	10688434
2	Profit on sale of Investments (Net)		1317170	1317170	314822	314822
3	Profit/-Loss on Exchange Fluctuation		-60230	-60230	368710	368710
4	Interest, Dividend & Rent - Gross		1408046	1408046	1313198	1313198
	TOTAL (A)		14331677	14331677	12685164	12685164
1	Claims Incurred (Net)	NL-5-Claims Schedule	9838915	9838915	9185116	9185116
2	Commission (Net)	NL-6-Commission Schedule	2223315	2223315	2252214	2252214
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	148093	148093	158619	158619
4	Expenses relating to Investments		1211	1211	1014	1014
	TOTAL  (B)		12211534	12211534	11596963	11596963
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		2120143	2120143	1088201	1088201
	APPROPRIATIONS
	Transfer to Shareholders’ Account		2120143	2120143	1088201	1088201
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		2120143	2120143	1088201	1088201
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
Sr. No.	PARTICULARS	SCHEDULE	For the quarter ending 30.06.2014	Up to the quarter ending 30.06.2014	For the corresponding quarter of the preceeding year	Up to the Quarter of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	18467536	18467536	19546976	19546976
2	Profit on sale of Investments (Net)		2046818	2046818	549545	549545
3	Profit/-Loss on Exchange Fluctuation		-81889	-81889	1003096	1003096
4	Interest, Dividend & Rent - Gross		2188035	2188035	2292281	2292281
	TOTAL (A)		22620500	22620500	23391898	23391898
1	Claims Incurred (Net)	NL-5-Claims Schedule	15403642	15403642	18140311	18140311
2	Commission (Net)	NL-6-Commission Schedule	3809162	3809162	3009199	3009199
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	194310	194310	191489	191489
4	Expenses relating to Investments		1882	1882	1770	1770
5	Premium Deficiency		0	0	0	0
	TOTAL  (B)		19408996	19408996	21342769	21342769
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		3211504	3211504	2049129	2049129
	APPROPRIATIONS
	Transfer to Shareholders’ Account		3211504	3211504	2049129	2049129
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		3211504	3211504	2049129	2049129
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 quarter ending 30.06.2014	Up to the quarter ending 30.06.2014	For the corresponding quarter of the preceeding year	Up to the Quarter of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	3274886	3274886	2635935	2635935
2	Profit on sale of Investments (Net)		296343	296343	88174	88174
3	Profit/-Loss on Exchange Fluctuation		-11853	-11853	131902	131902
4	Interest, Dividend & Rent - Gross		316789	316789	367794	367794
	TOTAL (A)		3876165	3876165	3223805	3223805
1	Claims Incurred (Net)	NL-5-Claims Schedule	2833807	2833807	1588343	1588343
2	Commission (Net)	NL-6-Commission Schedule	499477	499477	646560	646560
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	20880	20880	30361	30361
4	Expenses relating to Investments		272	272	284	284
	TOTAL  (B)		3354436	3354436	2265548	2265548
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		521729	521729	958257	958257
	APPROPRIATIONS
	Transfer to Shareholders’ Account		521729	521729	958257	958257
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		521729	521729	958257	958257
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 quarter ending 30.06.2014	Up to the quarter ending 30.06.2014	For the corresponding quarter of the preceeding year	Up to the Quarter of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	113935	113935	158805	158805
2	Profit on sale of Investments (Net)		14525	14525	2727	2727
3	Profit/-Loss on Exchange Fluctuation		-576	-576	5212	5212
4	Interest, Dividend & Rent - Gross		15527	15527	11370	11370
	TOTAL (A)		143411	143411	178114	178114
1	Claims Incurred (Net)	NL-5-Claims Schedule	139693	139693	183709	183709
2	Commission (Net)	NL-6-Commission Schedule	13829	13829	5255	5255
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	3694	3694	3470	3470
4	Expenses relating to Investments		13	13	9	9
	TOTAL  (B)		157229	157229	192443	192443
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		-13818	-13818	-14329	-14329
	APPROPRIATIONS
	Transfer to Shareholders’ Account		-13818	-13818	-14329	-14329
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		-13818	-13818	-14329	-14329
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.