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 PERIOD ENDED 31.12.2018
FIRE INSURANCE BUSINESS						( ` IN 000)
	PARTICULARS	SCHEDULE	For the Three Months ending 31.12.2018	Up to the Nine Months ending 31.12.2018	For the corresponding Three months of the preceeding year	Up to the corresponding Nine months of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	18463 927	60179 838	17959 747	50532 695
2	Profit on sale of Investments (Net)		1259 622	3671 701	961 987	2088 640
3	Profit/-Loss on Exchange Fluctuation		-533 992	709,472	-347 143	-282 051
4	Interest, Dividend & Rent - Gross		1745 345	5642 274	1401 020	5050 101
	TOTAL (A)		20934 902	70203 285	19975 611	57389 385
1	Claims Incurred (Net)	NL-5-Claims Schedule	18655 796	61426 023	18866 862	53152 740
2	Commission (Net)	NL-6-Commission Schedule	5325 982	16542 491	2761 486	11830 416
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	162 028	417 434	145 734	365 399
4	Expenses relating to Investments		2 347	7 128	1 842	4 890
	TOTAL  (B)		24146 153	78393 076	21775 924	65353 445
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		-3211 251	-8189 791	-1800 313	-7964 060
	APPROPRIATIONS
	Transfer to Shareholders’ Account		-3211 251	-8189 791	-1800 313	-7964 060
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		-3211 251	-8189 791	-1800 313	-7964 060
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 31.12.2018	Up to the Nine Months ending 31.12.2018	For the corresponding Three months of the preceeding year	Up to the corresponding Nine months of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	47798 451	253848 052	65351 901	250825 260
2	Profit on sale of Investments (Net)		3130 291	9542 090	2194 807	5037 340
3	Profit/-Loss on Exchange Fluctuation		-1360 276	1,874,583	-844 293	-684 868
4	Interest, Dividend & Rent - Gross		4304 421	14663 256	2973 142	12179 734
	TOTAL (A)		53872 887	279927 981	69675 557	267357 466
1	Claims Incurred (Net)	NL-5-Claims Schedule	36002 717	227973 855	54461 290	205754 499
2	Commission (Net)	NL-6-Commission Schedule	5312 319	31737 610	8222 751	34942 975
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	509 977	1394 237	353 691	1123 372
4	Expenses relating to Investments		5 816	18 524	4 103	11 794
5	Premium Deficiency		0	0	0	0
	TOTAL  (B)		41830 829	261124 226	63041 835	241832 640
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		12,042,058	18,803,755	6633 722	25524 826
	APPROPRIATIONS
	Transfer to Shareholders’ Account		12,042,058	18,803,755	6633 722	25524 826
	Transfer to Catastrophe Reserve			0		0
	Transfer to Other Reserves (to be specified)			0		0
	TOTAL (C)		12,042,058	18,803,755	6633 722	25524 826
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 31.12.2018	Up to the Nine Months ending 31.12.2018	For the corresponding Three months of the preceeding year	Up to the corresponding Nine months of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	2602 063	8520 525	1252 027	6164 421
2	Profit on sale of Investments (Net)		249 562	642 242	174 922	361 885
3	Profit/-Loss on Exchange Fluctuation		-71 948	126,165	-59 685	-49 162
4	Interest, Dividend & Rent - Gross		352 519	986 927	269 453	875 000
	TOTAL (A)		3132 196	10275 859	1636 717	7352 144
1	Claims Incurred (Net)	NL-5-Claims Schedule	1943 856	6213 564	2076 219	1031 055
2	Commission (Net)	NL-6-Commission Schedule	860 861	2235 942	-38 189	1438 597
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	30 772	58 973	10 393	35 378
4	Expenses relating to Investments		469	1 247	341	847
5	Premium Deficiency		0	0	0	0
	TOTAL  (B)		2835 958	8509 726	2048 764	2505 877
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		296238	1766133	-412047	4846267
	APPROPRIATIONS
	Transfer to Shareholders’ Account		296 238	1766 133	-412 047	4846 267
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		296 238	1766 133	-412 047	4846 267
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 31.12.2018	Up to the Nine Months ending 31.12.2018	For the corresponding Three months of the preceeding year	Up to the corresponding Nine months of the prceeding year
1	Premiums earned (Net)	NL-4-Premium Schedule	1430 139	3679 562	1013 111	2904 778
2	Profit on sale of Investments (Net)		40 943	111 117	29 064	59 210
3	Profit/-Loss on Exchange Fluctuation		-13 575	17,939	-9 741	-8 050
4	Interest, Dividend & Rent - Gross		57 380	170 752	45 526	143 164
	TOTAL (A)		1514 887	3979 370	1077 960	3099 102
1	Claims Incurred (Net)	NL-5-Claims Schedule	1653 778	3952 863	1636 727	2966 192
2	Commission (Net)	NL-6-Commission Schedule	18 418	61 478	7 184	23 731
3	Operating Expenses related to Insurance Business	NL-7-Operating Expenses Schedule	8 490	19 253	3 644	13 077
4	Expenses relating to Investments		77	216	57	139
5	Premium Deficiency		-25 927	48 583	0	0
	TOTAL  (B)		1654 836	4082 393	1647 612	3003 139
	Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)		-139 949	-103 023	(569 652)	95,963
	APPROPRIATIONS
	Transfer to Shareholders’ Account		-139 949	-103 023	(569 652)	95,963
	Transfer to Catastrophe Reserve
	Transfer to Other Reserves (to be specified)
	TOTAL (C)		-139 949	-103 023	(569 652)	95,963
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.