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FORM NL-12-INVESTMENT SCHEDULE |
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Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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Investments |
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INVESTMENTS - SHAREHOLDERS' FUND |
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(` '000) |
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Particulars |
As at 31.12.2019 |
As at 31.12.2018 |
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LONG TERM INVESTMENTS |
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1 |
Government securities and Government guaranteed |
49755 759 |
56792 969 |
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bonds including Treasury Bills |
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2 |
Other Approved Securities |
360 147 |
646 048 |
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3 |
Other Investments |
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(a) Shares |
0 |
0 |
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(aa) Equity - Indian |
67275 191 |
100658 136 |
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Equity - Foreign |
569 499 |
569 499 |
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(bb) Preference |
68 |
428 |
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(b) Mutual Funds |
0 |
0 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bonds Indian |
3033 576 |
6237 579 |
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Debentures /Bonds Foreign |
0 |
0 |
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(e) Other Securities |
0 |
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Guaranteed Equity |
105 |
131 |
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(f) Subsidiaries |
6712 429 |
4520 725 |
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(e) Associates - Indian |
0 |
0 |
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Associates - Foreign |
159 479 |
159 479 |
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4 |
Investments in Infrastructure and Social Sector |
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(a) Equity |
1861 873 |
3049 553 |
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(b) Debentures/Bonds |
12317 883 |
18948 569 |
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5 |
Other than Approved Investments |
0 |
0 |
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(a) Equity/Preference/Debentures/Venture Funds |
10490 903 |
1739 613 |
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(b) Preference |
3 688 |
4 702 |
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(c) Debentures /Bond |
3452 053 |
2659 163 |
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(d) Venture Funds |
285 193 |
380 244 |
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(e) Associate Indian |
700 000 |
700 000 |
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Short Term Investments |
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1 |
Government securities and Government guaranteed |
3358 250 |
1574 996 |
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bonds including Treasury Bills |
0 |
0 |
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2 |
Other Approved Securities |
139 719 |
155 115 |
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3 |
Other Investments |
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(a) Shares |
0 |
0 |
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(aa) Equity |
0 |
0 |
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(bb) Preference |
0 |
0 |
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(b) Mutual Funds |
3632 836 |
4040 748 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bond Indian |
581 462 |
1199 591 |
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Debentures /Bond Foreign |
0 |
0 |
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(e) Other Securities |
0 |
0 |
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Commercial Paper |
0 |
0 |
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(f) Subsidiaries |
0 |
0 |
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(g) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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4 |
Investments in Infrastructure and Social Sector |
0 |
0 |
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(a) Debentures /Bond |
4130 619 |
4425 363 |
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5 |
Other than Approved Investments |
0 |
0 |
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(a) Preference Shares |
5 545 |
5 804 |
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(b) Debentures /Bond |
1470 007 |
871 941 |
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(c) Mutual Funds |
0 |
0 |
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TOTAL |
170296 284 |
209340 396 |
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1 |
0 |
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Figures for the previous year have been regrouped where necessary. |
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INVESTMENTS - POLICYHOLDERS' FUND |
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Particulars |
As at 31.12.2019 |
As at 31.12.2018 |
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LONG TERM INVESTMENTS |
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LONG TERM INVESTMENTS |
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1 |
Government securities and Government guaranteed |
188110 468 |
159314 217 |
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bonds including Treasury Bills |
0 |
0 |
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2 |
Other Approved Securities |
1361 600 |
1812 277 |
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3 |
Other Investments |
0 |
0 |
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(a) Shares |
0 |
0 |
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(aa) Equity - Indian |
254345 780 |
282363 692 |
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Equity - Foreign |
0 |
0 |
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(bb) Preference |
258 |
1 201 |
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(b) Mutual Funds |
0 |
0 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bonds Indian |
11468 970 |
17497 500 |
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Debentures /Bonds Foreign |
0 |
0 |
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(e) Other Securities |
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Guaranteed Equity |
395 |
369 |
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(f) Subsidiaries |
0 |
0 |
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(e) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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4 |
Investments in Infrastructure and Social Sector |
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(a) Equity |
7039 141 |
8554 530 |
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(b) Debentures/Bonds |
46569 937 |
53154 052 |
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5 |
Other than Approved Investments |
0 |
0 |
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(a) Equity/Preference/Debentures/Venture Funds |
39662 716 |
4879 919 |
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(b) Preference |
13 944 |
13 190 |
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(c) Debentures /Bond |
13051 098 |
7459 419 |
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(d) Venture Funds |
1078 221 |
1066 651 |
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(e) Associate Indian |
0 |
0 |
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Short Term Investments |
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1 |
Government securities and Government guaranteed |
12696 462 |
4418 138 |
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bonds including Treasury Bills |
0 |
0 |
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2 |
Other Approved Securities |
528 233 |
435 123 |
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3 |
Other Investments |
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(a) Shares |
0 |
0 |
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(aa) Equity |
0 |
0 |
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(bb) Preference |
0 |
0 |
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(b) Mutual Funds |
13734 580 |
11335 007 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bond Indian |
2198 321 |
3365 063 |
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Debentures /Bond Foreign |
0 |
0 |
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(e) Other Securities |
0 |
0 |
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Commercial Paper |
0 |
0 |
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(f) Subsidiaries |
0 |
0 |
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(g) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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4 |
Investments in Infrastructure and Social Sector |
0 |
0 |
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(a) Debentures /Bond |
15616 539 |
12413 918 |
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5 |
Other than Approved Investments |
0 |
0 |
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(a) Preference Shares |
20 963 |
16 281 |
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(b) Debentures /Bond |
5557 621 |
2445 947 |
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(c) Mutual Funds |
0 |
0 |
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TOTAL |
613055 247 |
570546 494 |
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0 |
0 |
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Figures for the previous year have been regrouped where necessary. |
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Notes: |
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(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost. |
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(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956: |
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(ii) Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control. |
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(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. |
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(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. |
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(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. |
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A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence. |
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(b) Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed. |
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(c) Investments made out of Catastrophe reserve should be shown separately. |
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(d) Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation. |
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(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. |
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(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 |
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