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 PERIOD ENDED 31.03.2017
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the  Twelve Months  ending 31.03.2017 Up to  the  Twelve Months  ending 31.03.2017 For the corresponding Twelve months  of the preceeding year  Up to the corresponding  twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 15500 869 56169 737 12208 591 45039 525
2 Profit on sale of Investments (Net)   2266 686 3881 559 1517 020 3440 734
3 Profit/-Loss on Exchange Fluctuation   (508 580) (115 812) 1 116 491 493
4 Interest, Dividend & Rent  - Gross   1715 544 6417 824 1350 345 5689 979
  TOTAL (A)   18974 519 66353 308 15077 071 54661 731
1 Claims Incurred (Net) NL-5-Claims Schedule 9036 414 43850 303 845 338 34492 171
2 Commission (Net) NL-6-Commission Schedule 3953 314 16540 122 3682 490 12386 938
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 137 813 625 864 180 688 681 359
4 Expenses relating to Investments   3 387 8 584 2 302 7 273
5 Premium Deficiency   0 0 0 0
  TOTAL  (B)   13130 928 61024 873 4710 818 47567 741
  Operating Profit/(Loss) from Fire Business C= (A - B)   5843 591 5328 435 10366 253 7093 990
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   5843 591 5328 435 10366 253 7093 990
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   5843 591 5328 435 10366 253 7093 990
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  Twelve Months  ending 31.03.2017 Up to  the  Twelve Months  ending 31.03.2017 For the corresponding Twelve months  of the preceeding year  Up to the corresponding  twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 79197 267 198033 421 28591 847 94878 040
2 Profit on sale of Investments (Net)   3885 478 6653 641 2686 177 6092 484
3 Profit/-Loss on Exchange Fluctuation   (860 005) (165 928) (19 313) 915 231
4 Interest, Dividend & Rent  - Gross   2940 729 11001 222 2391 046 10075 205
  TOTAL (A)   85163 469 215522 356 33649 757 111960 960
1 Claims Incurred (Net) NL-5-Claims Schedule 55027 937 161607 382 32303 522 86478 471
2 Commission (Net) NL-6-Commission Schedule 9930 325 35839 574 6650 375 20627 929
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 354 935 1684 283 239 894 1029 407
4 Expenses relating to Investments 5 805 14 714 4 077 12 879
5 Premium Deficiency   0 0 0 0
  TOTAL  (B)   65319 002 199145 953 39197 869 108148 686
  Operating Profit/(Loss) from Miscellaneous Business C= (A - B)   19844467 16376403 (5548 112) 3812 274
  APPROPRIATIONS        
  Transfer to Shareholders’ Account   19844 467 16376 403 (5548 112) 3812 274
  Transfer to Catastrophe Reserve     0   0
  Transfer to Other Reserves (to be specified)     0   0
  TOTAL (C)   19844 467 16376 403 (5548 112) 3812 274
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  Twelve Months  ending 31.03.2017 Up to  the  Twelve Months  ending 31.03.2017 For the corresponding Twelve months  of the preceeding year  Up to the corresponding  twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 1915 046 10596 088 1885 426 9435 249
2 Profit on sale of Investments (Net)   550 327 942 400 436 058 989 018
3 Profit/-Loss on Exchange Fluctuation   (121 968) (25 854) (2 679) 151 896
4 Interest, Dividend & Rent  - Gross   416 516 1558 177 388 149 1635 550
  TOTAL (A)   2759 922 13070 811 2706 955 12211 713
1 Claims Incurred (Net) NL-5-Claims Schedule 2802 422 7559 059 2875 640 6327 997
2 Commission (Net) NL-6-Commission Schedule 645 578 1603 210 491 144 1812 301
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 14 272 63 385 11 187 74 575
4 Expenses relating to Investments   822 2 084 662 2 091
5 Premium Deficiency   0 0 (584 596) -584 596
  TOTAL  (B)   3463 094 9227 738 2794 037 7632 368
  Operating Profit/(Loss) from Marine Business C= (A - B)   (703 172) 3843073 -87082 4579345
  APPROPRIATIONS        
  Transfer to Shareholders’ Account   (703 172) 3843 073 -87 082 4579 345
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   (703 172) 3843 073 (87 082) 4579 345
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  Twelve Months  ending 31.03.2017 Up to  the  Twelve Months  ending 31.03.2017 For the corresponding Twelve months  of the preceeding year  Up to the corresponding  twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 830 917 2349 737 865 682 2375 574
2 Profit on sale of Investments (Net)   21 383 36 617 21 037 47 713
3 Profit/-Loss on Exchange Fluctuation   (4 733) ( 718) ( 213) 7 082
4 Interest, Dividend & Rent  - Gross   16 183 60 542 18 725 78 904
  TOTAL (A)   863 750 2446 178 905 231 2509 273
1 Claims Incurred (Net) NL-5-Claims Schedule 1317 065 3447 332 649 518 1699 960
2 Commission (Net) NL-6-Commission Schedule 33 089 61 100 9 593 76 403
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 3 139 23 738 2 803 21 633
4 Expenses relating to Investments   32 81 32 101
5 Premium Deficiency   0 0 0 0
  TOTAL  (B)   1353 325 3532 251 661 946 1798 097
  Operating Profit/(Loss) from Life  Business C= (A - B)   (489 575) (1086 073) 243 285 711 176
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   (489 575) (1086 073) 243 285 711 176
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   (489 575) (1086 073) 243 285 711 176
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.