FORM NL-1-B-RA
Name of the Insurer:GENERAL INSURANCE CORPORATION OF INDIA
Registration No.112
Date of Registration with the IRDAI : 2nd April, 2001
REVENUE ACCOUNT FOR THE HALF YEAR ENDED 30.09.2016
FIRE INSURANCE BUSINESS (Rs.. IN 000)
  PARTICULARS SCHEDULE For the quarter ending 30.09.2016 Up to  the Half Year ending 30.09.2016 For the corresponding quarter of the preceeding year  Up to the Corresponding Half Year of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 12574 948 27584 825 11902 854 23396 083
2 Profit on sale of Investments (Net)   581 203 960 636 590 600 799 455
3 Profit/-Loss on Exchange Fluctuation   -54 246 155 018 375 569 540 081
4 Interest, Dividend & Rent  - Gross   2015 717 3370 261 1849 775 3111 940
  TOTAL (A)   15117 622 32070 740 14718 797 27847 559
1 Claims Incurred (Net) NL-5-Claims Schedule 13241 742 24514 837 13988 936 22621 677
2 Commission (Net) NL-6-Commission Schedule 4200 285 7760 983 2764 310 5484 686
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 145 868 348 685 176 916 326 455
4 Expenses relating to Investments   1 977 3 193 1 887 3 156
  TOTAL(B)   17589 872 32627 698 16932 049 28435 974
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -2472 250 -556 957 -2213 252 -588 416
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -2472 250 -556 957 -2213 252 -588 416
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -2472 250 -556 957 -2213 252 -588 416
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 ending 30.09.2016 Up to  the Half Year ending 30.09.2016 For the corresponding quarter of the preceeding year  Up to the Corresponding Half Year of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 52207 576 78435 761 23136 862 44156 699
2 Profit on sale of Investments (Net)   996 279 1646 692 1045 772 1415 590
3 Profit/-Loss on Exchange Fluctuation   -80 229 277 019 712 436 1035 960
4 Interest, Dividend & Rent  - Gross   3455 277 5777 191 3275 384 5510 290
  TOTAL (A)   56578 903 86136 663 28170 454 52118 539
1 Claims Incurred (Net) NL-5-Claims Schedule 41143 224 62076 602 17565 653 35782 645
2 Commission (Net) NL-6-Commission Schedule 11064 212 16550 094 4450 863 9115 387
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 651 633 938 244 300 583 495 419
4 Expenses relating to Investments 3 388 5 472 3 342 5 589
5 Premium Deficiency    0  0  0  0
  TOTAL(B)   52862 457 79570 412 22320 442 45399 041
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   3716 446 6566 251 5850 012 6719 498
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   3716 446 6566 251 5850 012 6719 498
  Transfer to Catastrophe Reserve    0    0
  Transfer to Other Reserves (to be specified)   0   0
  TOTAL (C)   3716 446 6566 251 5850 012 6719 498
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 30.09.2016 Up to  the Half Year ending 30.09.2016 For the corresponding quarter of the preceeding year  Up to the Corresponding Half Year of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 1565 473 6200 769 3229 748 5790 967
2 Profit on sale of Investments (Net)   141 110 233 231 169 765 229 798
3 Profit/-Loss on Exchange Fluctuation   -11 734 38 873 115 450 170 566
4 Interest, Dividend & Rent  - Gross   489 394 818 262 531 706 894 508
  TOTAL (A)   2184 244 7291 136 4046 670 7085 840
1 Claims Incurred (Net) NL-5-Claims Schedule 1903 774 3261 200 2891 020 4788 343
2 Commission (Net) NL-6-Commission Schedule 319 292 1023 088 297 888 827 763
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 11 612 38 435 17 428 36 686
4 Expenses relating to Investments    480  775  542  908
5 Premium Deficiency    0  0  0  0
  TOTAL(B)   2235 158 4323 498 3206 878 5653 700
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -50 914 2967 638 839 792 1432 140
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -50 914 2967 638 839 792 1432 140
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -50 914 2967 638 839 792 1432 140
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 30.09.2016 Up to  the Half Year ending 30.09.2016 For the corresponding quarter of the preceeding year  Up to the Corresponding Half Year of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 256 539 327 917 431 397 906 204
2 Profit on sale of Investments (Net)   5 483 9 062 8 190 11 086
3 Profit/-Loss on Exchange Fluctuation   - 432 1 533 5 553 8 087
4 Interest, Dividend & Rent  - Gross   19 015 31 793 25 651 43 154
  TOTAL (A)   280 605 370 306 470 791 968 531
1 Claims Incurred (Net) NL-5-Claims Schedule 467 473 1215 009 517 309 698 928
2 Commission (Net) NL-6-Commission Schedule -12 823 16 854 7 647 59 476
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 5 186 14 689 5 419 9 536
4 Expenses relating to Investments    19  30  26  44
  TOTAL(B)   459 855 1246 582 530 401 767 984
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -179 250 -876 276 -59 610 200 547
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -179 250 -876 276 -59 610 200 547
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -179 250 -876 276 -59 610 200 547
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.