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 30.06.2017
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the  Three Months  ending 30.06.2017 Up to  the  Three Months  ending 30.06.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 21657 176 21657 176 15009 877 15009 877
2 Profit on sale of Investments (Net)   682 380 682 380 379 434 379 434
3 Forex Gain / (Loss)                   (77 379)             (77 379) 209 264 209 264
4 Interest, Dividend & Rent  - Gross   1607 867 1607 867 1354 543 1354 544
  TOTAL (A)   23870 044 23870 044 16953 118 16953 119
1 Claims Incurred (Net) NL-5-Claims Schedule 16872 778 16872 778 11273 095 11273 095
2 Commission (Net) NL-6-Commission Schedule 5803 253 5803 253 3560 698 3560 698
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 101 193 101 193 202 817 202 817
4 Expenses relating to Investments   1 203 1 203 1 215 1 215
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   22778 427 22778 427 15037 825 15037 825
             
  Operating Profit/(Loss) from Fire Business C= (A - B)   1091 617 1091 617 1915 293 1915 293
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   1091 617 1091 617 1915 293 1915 293
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   1091 617 1091 617 1915 293 1915 293
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  Three Months  ending 30.06.2017 Up to  the  Three Months  ending 30.06.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 101735 425 101735 425 26228 186 26228 186
2 Profit on sale of Investments (Net)   1579 805 1579 805 650 413 650 413
3 Forex Gain / (Loss)                 (136 828)           (136 828) 357 248 357 248
4 Interest, Dividend & Rent  - Gross   3722 434 3722 434 2321 914 2321 914
  TOTAL (A)   106900 836 106900 836 29557 761 29557 761
1 Claims Incurred (Net) NL-5-Claims Schedule 89494 893 89494 893 20933 378 20933 378
2 Commission (Net) NL-6-Commission Schedule 19045 197 19045 197 5485 882 5485 882
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 411 007 411 007 286 611 286 611
4 Expenses relating to Investments   2 784 2 784 2 085 2 085
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   108953 881 108953 881 26707 956 26707 956
             
  Operating Profit/(Loss) from Miscellaneous Business C= (A - B)   (2053 045) (2053 045) 2849 805 2849 805
  APPROPRIATIONS          
  Transfer to Shareholders’ Account               (2053 045)          (2053 045) 2849 805 2849 805
  Transfer to Catastrophe Reserve     0   0
  Transfer to Other Reserves (to be specified)      0    0
  TOTAL (C)               (2053 045)          (2053 045) 2849 805 2849 805
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  Three Months  ending 30.06.2017 Up to  the  Three Months  ending 30.06.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 3587 922 3587 922 4635 296 4635 296
2 Profit on sale of Investments (Net)   144 023 144 023 92 122 92 122
3 Forex Gain / (Loss)                   (12 448)             (12 448) 50 608 50 608
4 Interest, Dividend & Rent  - Gross   339 356 339 356 328 868 328 868
  TOTAL (A)   4058 853 4058 853 5106 894 5106 894
1 Claims Incurred (Net) NL-5-Claims Schedule 154 492 154 492 1357 426 1357 426
2 Commission (Net) NL-6-Commission Schedule 1650 095 1650 095 703 797 703 797
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 12 552 12 552 26 823 26 823
4 Expenses relating to Investments    254  254  295  295
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   1817 393 1817 393 2088 341 2088 341
             
  Operating Profit/(Loss) from Marine Business C= (A - B)   2241460 2241460 3018553 3018553
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   2241 460 2241 460 3018 553 3018 553
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   2241 460 2241 460 3018 553 3018 553
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  Three Months  ending 30.06.2017 Up to  the  Three Months  ending 30.06.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 795 961 795 961 71 378 71 378
2 Profit on sale of Investments (Net)   16 078 16 078 3 579 3 579
3 Forex Gain / (Loss)                     (1 393)               (1 393) 1 965 1 965
4 Interest, Dividend & Rent  - Gross   37 884 37 884 12 778 12 778
  TOTAL (A)   848 530 848 530 89 700 89 700
1 Claims Incurred (Net) NL-5-Claims Schedule 554 819 554 819 747 536 747 536
2 Commission (Net) NL-6-Commission Schedule 28 509 28 509 29 677 29 677
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 4 322 4 322 9 503 9 503
4 Expenses relating to Investments    28  28  11  11
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   587 678 587 678 786 727 786 727
             
  Operating Profit/(Loss) from Life Business C= (A - B)   260 852 260 852            (697 027)             (697 027)
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   260 852 260 852            (697 027)             (697 027)
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   260 852 260 852            (697 027)             (697 027)
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.