| FORM NL-1-B-RA |
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| Name of the
Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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| Registration
No. 112 |
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| Date
of Registration with the IRDAI : 2nd April, 2001 |
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| REVENUE ACCOUNT FOR HALF YEAR ENDED 30.09.2018 |
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| FIRE
INSURANCE BUSINESS |
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( ` IN 000) |
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PARTICULARS |
SCHEDULE |
For
the Three Months ending 30.09.2018 |
Up
to the Six Months
ending 30.09.2018 |
For the
corresponding Three months of the
preceeding year |
Up to the
corresponding Six months of the prceeding year |
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| 1 |
Premiums earned (Net) |
NL-4-Premium
Schedule |
19644 198 |
41715 911 |
10915 772 |
32572 948 |
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| 2 |
Profit on sale of Investments (Net) |
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1909 394 |
2412 079 |
444 273 |
1126 653 |
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| 3 |
Profit/-Loss on Exchange Fluctuation |
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767 623 |
1,243,464 |
142 472 |
65 093 |
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| 4 |
Interest, Dividend & Rent - Gross |
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2534 103 |
3896 929 |
2041 214 |
3649 081 |
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TOTAL (A) |
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24855 318 |
49268 383 |
13543 731 |
37413 775 |
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| 1 |
Claims Incurred (Net) |
NL-5-Claims Schedule |
22940 033 |
42770 227 |
17413 099 |
34285 878 |
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| 2 |
Commission (Net) |
NL-6-Commission Schedule |
6198 609 |
11216 509 |
3265 677 |
9068 930 |
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| 3 |
Operating Expenses related to Insurance Business |
NL-7-Operating Expenses
Schedule |
157 876 |
255 406 |
118 472 |
219 665 |
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| 4 |
Expenses relating to Investments |
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3 483 |
4 781 |
1 846 |
3 049 |
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TOTAL (B) |
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29300 001 |
54246 923 |
20799 094 |
43577 522 |
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Operating
Profit/(Loss) from Fire Business C= (A - B) |
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-4444 683 |
-4978 540 |
-7255 363 |
-6163 747 |
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APPROPRIATIONS |
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Transfer to Shareholders’
Account |
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-4444 683 |
-4978 540 |
-7255 363 |
-6163 747 |
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Transfer to Catastrophe
Reserve |
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Transfer to Other
Reserves (to be specified) |
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TOTAL (C) |
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-4444 683 |
-4978 540 |
-7255 363 |
-6163 747 |
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| 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. |
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| MISCELLANEOUS
INSURANCE BUSINESS |
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PARTICULARS |
SCHEDULE |
For the Three Months ending 30.09.2018 |
Up to the
Six Months ending 30.09.2018 |
For the
corresponding Three months of the
preceeding year |
Up to the
corresponding Six months of the prceeding year |
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| 1 |
Premiums earned (Net) |
NL-4-Premium
Schedule |
87659 627 |
206049 601 |
83737 934 |
185473 359 |
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| 2 |
Profit on sale of Investments (Net) |
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4808 016 |
6411 799 |
1262 728 |
2842 533 |
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| 3 |
Profit/-Loss on Exchange Fluctuation |
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1730 603 |
3,234,859 |
296 253 |
159 425 |
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| 4 |
Interest, Dividend & Rent - Gross |
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6010 830 |
10358 835 |
5484 158 |
9206 592 |
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TOTAL (A) |
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100209 076 |
226055 094 |
90781 073 |
197681 909 |
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| 1 |
Claims Incurred (Net) |
NL-5-Claims Schedule |
87428 466 |
191971 137 |
61798 316 |
151293 209 |
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| 2 |
Commission (Net) |
NL-6-Commission Schedule |
12704 300 |
26425 291 |
7675 028 |
26720 224 |
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| 3 |
Operating Expenses related to Insurance Business |
NL-7-Operating Expenses
Schedule |
422 848 |
884 260 |
358 674 |
769 681 |
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| 4 |
Expenses relating to Investments |
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8 567 |
12 708 |
4 907 |
7 691 |
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| 5 |
Premium Deficiency |
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0 |
0 |
0 |
0 |
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TOTAL (B) |
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100564 181 |
219293 396 |
69836 925 |
178790 805 |
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Operating
Profit/(Loss) fromMiscellaneous Business C= (A - B) |
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(355 105) |
6,761,698 |
20944 148 |
18891 104 |
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APPROPRIATIONS |
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Transfer to Shareholders’
Account |
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(355 105) |
6,761,698 |
20944 148 |
18891 104 |
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Transfer to Catastrophe
Reserve |
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0 |
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0 |
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Transfer to Other
Reserves (to be specified) |
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0 |
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0 |
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TOTAL (C) |
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(355 105) |
6,761,698 |
20944 148 |
18891 104 |
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| 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. |
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| MARINE
INSURANCE BUSINESS |
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PARTICULARS |
SCHEDULE |
For the Three Months ending 30.09.2018 |
Up to the
Six Months ending 30.09.2018 |
For the
corresponding Three months of the
preceeding year |
Up to the
corresponding Six months of the prceeding year |
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| 1 |
Premiums earned (Net) |
NL-4-Premium
Schedule |
1679 324 |
5918 462 |
1324 472 |
4912 394 |
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| 2 |
Profit on sale of Investments (Net) |
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304 327 |
392 680 |
42 940 |
186 963 |
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| 3 |
Profit/-Loss on Exchange Fluctuation |
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115 239 |
198,113 |
22 971 |
10 523 |
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| 4 |
Interest, Dividend & Rent - Gross |
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394 875 |
634 408 |
266 191 |
605 547 |
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TOTAL (A) |
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2493 765 |
7143 663 |
1656 574 |
5715 427 |
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| 1 |
Claims Incurred (Net) |
NL-5-Claims Schedule |
1065 495 |
4269 708 |
-1199 656 |
-1045 164 |
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| 2 |
Commission (Net) |
NL-6-Commission Schedule |
745 911 |
1375 081 |
-173 310 |
1476 786 |
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| 3 |
Operating Expenses related to Insurance Business |
NL-7-Operating Expenses
Schedule |
14 978 |
28 201 |
12 434 |
24 985 |
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| 4 |
Expenses relating to Investments |
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550 |
778 |
252 |
506 |
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| 5 |
Premium Deficiency |
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0 |
0 |
0 |
0 |
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TOTAL (B) |
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1826 934 |
5673 768 |
-1360 280 |
457 113 |
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Operating
Profit/(Loss) from Marine Business C= (A - B) |
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666831 |
1469895 |
3016854 |
5258314 |
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APPROPRIATIONS |
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Transfer to Shareholders’
Account |
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666 831 |
1469 895 |
3016 854 |
5258 314 |
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Transfer to Catastrophe
Reserve |
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Transfer to Other
Reserves (to be specified) |
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TOTAL (C) |
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666 831 |
1469 895 |
3016 854 |
5258 314 |
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| 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. |
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