FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
  Particulars As at 31.03.2017 As at 31.03.2016
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 41648 993 37039 988
bonds including Treasury Bills    
2 Other Approved Securities 894 200 1088 215
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity - Indian 118232 649 94491 125
                   Equity - Foreign 569 499 569 499
           (bb)  Preference 6 190 12 897
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 8950 098 8021 383
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  167  162
     (f)  Subsidiaries 1407 143 734 593
     (e)   Associates - Indian  0  0
            Associates - Foreign 159 479 159 479
4 Investments in Infrastructure and Social Sector    
(a) Equity 5535 338 4510 029
(b) Debentures/Bonds 21792 462 17827 480
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 2012 211 1609 749
     (b)   Preference 8 274 9 540
     (c)  Debentures /Bond 2322 831 2871 379
     (d)  Venture Funds 582 832 602 726
     (e)  Associate Indian 700 000 700 000
Short Term Investments    
1 Government securities and Government guaranteed  2368 531 2972 264
bonds including Treasury Bills  0  0
2 Other Approved Securities 235 629 203 949
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference 7 041  0
     (b)  Mutual Funds 6453 440 929 728
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 1167 032 1133 904
           Debentures /Bond Foreign  0  0
     (e) Other Securities  0  0
          Commercial Paper 77 138  0
     (f)  Subsidiaries  0  0
     (g)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector  0  0
     (a)  Debentures /Bond 2287 382 2094 775
5 Other than Approved Investments  0  0
     (a)   Preference Shares 1 500  0
     (b) Debentures /Bond  781 295 740 204
     (c)  Mutual Funds  0  0
  TOTAL 218201 354 178323 068
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
  Particulars As at 31.03.2017 As at 31.03.2016
  LONG TERM INVESTMENTS    
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 83011 267 76964 284
bonds including Treasury Bills  0  0
2 Other Approved Securities 1782 244 2261 170
3 Other Investments  0  0
     (a)  Shares  0  0
           (aa)  Equity - Indian 235651 364 196340 285
                   Equity - Foreign  0  0
           (bb)  Preference 12 338 26 799
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 17838 583 16667 392
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  333  338
     (f)  Subsidiaries  0  0
     (e)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
(a) Equity 11032 571 9371 255
(b) Debentures/Bonds 43434 900 37043 188
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 4010 569 3344 850
     (b)   Preference 16 492 19 822
     (c)  Debentures /Bond 4629 672 5966 353
     (d)  Venture Funds 1161 651 1252 386
     (e)  Associate Indian  0  0
Short Term Investments    
1 Government securities and Government guaranteed  4720 757 6175 978
bonds including Treasury Bills  0  0
2 Other Approved Securities 469 636 423 779
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference 14 033  0
     (b)  Mutual Funds 12862 453 1931 854
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 2326 030 2356 106
           Debentures /Bond Foreign  0  0
     (e) Other Securities  0  0
          Commercial Paper 153 745  0
     (f)  Subsidiaries  0  0
     (g)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector  0  0
     (a)  Debentures /Bond 4559 018 4352 670
5 Other than Approved Investments  0  0
     (a)   Preference Shares 2 989  0
     (b) Debentures /Bond  1557 212 1538 047
     (c)  Mutual Funds  0  0
  TOTAL 429247 857 366036 556
Figures for the previous year have been regrouped where necessary.
Notes:
(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 2013
(ii)        Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
(i)             Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
(ii)           Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
(iii)          Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies.  Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information. Significant influence may be gained by share ownership, statute or agreement.  As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case.  Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated.  
A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b)        Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed.
(c)        Investments made out of Catastrophe reserve should be shown separately.
(d)        Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e)            Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f)             Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments