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 31.12.2017
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the  Nine Months  ending 31.12.2017 Up to  the  Nine Months  ending 31.12.2017 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 17959 746 50532 695 13084 044 40668 868
2 Profit on sale of Investments (Net)   961 987 2088 640 654 236 1614 873
3 Profit/-Loss on Exchange Fluctuation   -347 144 (282 051) 237 750 392 768
4 Interest, Dividend & Rent  - Gross   1401 020 5050 101 1332 019 4702 280
  TOTAL (A)   19975 609 57389 385 15308 049 47378 789
1 Claims Incurred (Net) NL-5-Claims Schedule 18866 862 53152 740 10299 052 34813 889
2 Commission (Net) NL-6-Commission Schedule 2761 486 11830 416 4825 825 12586 808
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 145 734 365 399 139 366 488 051
4 Expenses relating to Investments   1 841 4 890 2 005 5 197
  TOTAL  (B)   21775 923 65353 445 15266 248 47893 945
     
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -1800 314 -7964 060 41 801 -515 156
  APPROPRIATIONS  
  Transfer to Shareholders’ Account   -1800 314 -7964 060 41 801 -515 156
  Transfer to Catastrophe Reserve  
  Transfer to Other Reserves (to be specified)  
  TOTAL (C)   -1800 314 -7964 060 41 801 -515 156
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  Nine Months  ending 31.12.2017 Up to  the  Nine Months  ending 31.12.2017 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 65351 901 250825 260 40400 393 118836 154
2 Profit on sale of Investments (Net)   2194 807 5037 340 1121 471 2768 163
3 Profit/-Loss on Exchange Fluctuation   -844 293 (684 868) 417 058 694 077
4 Interest, Dividend & Rent  - Gross   2973 142 12179 734 2283 302 8060 493
  TOTAL (A)   69675 557 267357 466 44222 224 130358 887
1 Claims Incurred (Net) NL-5-Claims Schedule 54461 290 205754 499 44502 845 106579 446
2 Commission (Net) NL-6-Commission Schedule 8222 752 34942 975 9359 155 25909 249
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 353 691 1123 372 391 103 1329 347
4 Expenses relating to Investments 4 103 11 794 3 436 8 909
5 Premium Deficiency   0 0 0 0
  TOTAL  (B)   63041 836 241832 640 54256 539 133826 951
     
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   6,633,721 25,524,826 -10034 315 -3468 064
  APPROPRIATIONS  
  Transfer to Shareholders’ Account   6,633,721 25,524,826 -10034 315 -3468 064
  Transfer to Catastrophe Reserve   0 0
  Transfer to Other Reserves (to be specified)   0 0
  TOTAL (C)   6,633,721 25,524,826 -10034 315 -3468 064
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  Nine Months  ending 31.12.2017 Up to  the  Nine Months  ending 31.12.2017 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 1252 026 6164 420 2480 273 8681 042
2 Profit on sale of Investments (Net)   174 923 361 886 158 841 392 073
3 Profit/-Loss on Exchange Fluctuation   -59 685 (49 162) 57 241 96 114
4 Interest, Dividend & Rent  - Gross   269 453 875 000 323 399 1141 661
  TOTAL (A)   1636 717 7352 144 3019 754 10310 890
1 Claims Incurred (Net) NL-5-Claims Schedule 2076 219 1031 055 1495 437 4756 637
2 Commission (Net) NL-6-Commission Schedule -38 189 1438 597 -65 456 957 632
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 10 393 35 378 10 678 49 113
4 Expenses relating to Investments   341 847 487 1 262
5 Premium Deficiency   0 0 0 0
  TOTAL  (B)   2048 764 2505 877 1441 146 5764 644
     
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -412047 4846267 1578608 4546246
  APPROPRIATIONS  
  Transfer to Shareholders’ Account   -412 047 4846 267 1578 608 4546 246
  Transfer to Catastrophe Reserve  
  Transfer to Other Reserves (to be specified)  
  TOTAL (C)   -412 047 4846 267 1578 608 4546 246
Note -1 The above profit includes prior period item (Net)-: 1,757,330 0
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  Nine Months  ending 31.12.2017 Up to  the  Nine Months  ending 31.12.2017 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 1013 110 2904 777 1190 903 1518 820
2 Profit on sale of Investments (Net)   29 065 59 210 6 172 15 234
3 Profit/-Loss on Exchange Fluctuation   -9 741 (8 050) 2 481 4 015
4 Interest, Dividend & Rent  - Gross   45 526 143 164 12 566 44 359
  TOTAL (A)   1077 960 3099 101 1212 122 1582 428
1 Claims Incurred (Net) NL-5-Claims Schedule 1636 727 2966 192 915 258 2130 267
2 Commission (Net) NL-6-Commission Schedule 7 184 23 731 11 157 28 011
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 3 644 13 077 5 910 20 599
4 Expenses relating to Investments   57 139 19 49
  TOTAL  (B)   1647 612 3003 139 932 344 2178 926
     
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -569 652 95 962 279,778 (596 498)
  APPROPRIATIONS  
  Transfer to Shareholders’ Account   -569 652 95 962 279,778 (596 498)
  Transfer to Catastrophe Reserve  
  Transfer to Other Reserves (to be specified)  
  TOTAL (C)   -569 652 95 962 279,778 (596 498)
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 Life Insurance Business have been fully debited in the Life Insurance Revenue Accounts as expenses.