FORM NL-1-B-RA

                  

Name of the Insurer:GENERAL INSURANCE CORPORATION OF INDIA

                  

Registration No. 112  and Date of  Registration with the IRDAI 02.04.2001

                  

REVENUE ACCOUNT FOR THE PERIOD ENDED ON 31.03.2022

                  
 

(Amount in Rs. Lakhs)

    
 

Particulars

Schedule Ref. Form No.

Fire

Marine

Miscellaneous

 

Life

Total

   

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

1

Premiums earned (Net)

NL-4

 498,891.03

 1,109,964.09

 478,491.41

 1,115,910.18

 109,708.00

 219,229.11

 100,458.05

 195,736.00

 1,077,476.29

 2,471,132.40

 1,029,625.57

 2,558,495.76

 66,822.74

 129,014.75

 62,695.91

 116,447.37

 1,752,898.05

 3,929,340.34

 1,671,270.94

 3,986,589.31

2

Profit/ Loss on sale/redemption of  Investments

 

 65,500.30

 113,572.18

 56,886.09

 95,377.39

 10,473.63

 18,962.47

 11,635.26

 18,900.51

 116,059.83

 210,444.31

 114,800.96

 202,859.77

 2,265.62

 6,394.19

 3,477.96

 5,216.37

 194,299.39

 349,373.16

 186,800.27

 322,354.04

3

Interest, Dividend & Rent – Gross

Note 1

 

 65,334.56

 125,771.94

 56,758.50

 106,535.50

 10,326.98

 20,999.40

 11,716.23

 21,111.66

 114,387.01

 233,049.95

 112,714.40

 226,592.16

 1,890.49

 7,081.05

 3,578.51

 5,826.63

 191,939.03

 386,902.33

 184,767.64

 360,065.95

4

Other

(a) Other Income (to be specified)

(i) Forex exchange gain/(loss)

(ii)………...

 

(b) Contribution from the Shareholders' Account

(i) Towards Excess Expenses of Management

(ii) Others (please specify)

 

 

 7,579.64

 13,003.66

 -1,574.72

 -5,196.60

 1,273.44

 2,191.44

 -613.24

 -1,267.25

 13,974.84

 24,135.52

 -5,462.71

 -13,409.10

 364.14

 810.58

 -188.10

 -344.59

 23,192.06

 40,141.20

 (7,838.76)

 (20,217.53)

 

TOTAL (A)

 

 637,305.53

 1,362,311.87

 590,561.28

 1,312,626.47

 131,782.05

 261,382.42

 123,196.30

 234,480.92

 1,321,897.97

 2,938,762.18

 1,251,678.22

 2,974,538.59

 71,342.99

 143,300.57

 69,564.29

 127,145.79

 2,162,328.53

 4,705,757.03

 2,035,000.09

 4,648,791.77

                   

 -  

 -  

 -  

 -  

6

Claims Incurred (Net)

NL-5

 455,304.20

 1,015,182.35

 368,677.50

 953,472.41

 112,533.02

 212,764.66

 89,273.44

 213,953.05

 870,958.49

 2,160,927.91

 895,844.12

 2,384,290.82

 80,417.67

 273,709.68

 85,719.26

 133,658.29

 1,519,213.38

 3,662,584.60

 1,439,514.32

 3,685,374.57

7

Commission

NL-6

 47,134.38

 193,962.49

 126,134.92

 302,573.35

 22,080.16

 40,246.16

 25,772.78

 43,624.88

 168,391.39

 459,502.95

 208,716.36

 450,473.48

 450.47

 1,370.22

 1,001.84

 1,766.91

 238,056.40

 695,081.82

 361,625.89

 798,438.61

8

Operating Expenses related to Insurance Business

NL-7

 7,013.12

 11,497.91

 4,700.82

 8,697.80

 833.87

 1,280.28

 707.59

 1,214.42

 14,752.99

 23,148.48

 9,722.91

 17,279.36

 826.97

 1,201.14

 441.88

 682.25

 23,426.95

 37,127.81

 15,573.20

 27,873.83

9

Premium Deficiency

 

 -  

 -  

 -  

 -  

 -  

 -  

 -  

 -  

    

 1,092.91

 1,298.00

 2,492.76

 3,529.62

 1,092.91

 1,298.00

 2,492.76

 3,529.62

                   

 -  

 -  

 -  

 -  

 

TOTAL  (B)

 

 509,451.71

 1,220,642.76

 499,513.23

 1,264,743.55

 135,447.04

 254,291.09

 115,753.81

 258,792.35

 1,054,102.86

 2,643,579.33

 1,114,283.38

 2,852,043.65

 82,788.02

 277,579.04

 89,655.75

 139,637.08

 1,781,789.63

 4,396,092.22

 1,819,206.18

 4,515,216.64

                   

 -  

 -  

 -  

 -  

10

Operating Profit/(Loss)

C= (A - B)

 

 127,853.82

 141,669.11

 91,048.05

 47,882.92

 -3,665.00

 7,091.32

 7,442.48

 -24,311.44

 267,795.10

 295,182.84

 137,394.84

 122,494.94

 -11,445.03

 -134,278.47

 -20,091.46

 -12,491.29

 380,538.90

 309,664.81

 215,793.91

 133,575.13

                   

 -  

 -  

 -  

 -  

11

APPROPRIATIONS

                 

 -  

 -  

 -  

 -  

                   

 -  

 -  

 -  

 -  

 

Transfer to Shareholders’ Account

 

 127,853.82

 141,669.11

 91,048.05

 47,882.92

 -3,665.00

 7,091.32

 7,442.48

 -24,311.44

 267,795.10

 295,182.84

 137,394.84

 122,494.94

 -11,445.03

 -134,278.47

 -20,091.46

 -12,491.29

 380,538.90

 309,664.81

 215,793.91

 133,575.13

 

Transfer to Catastrophe Reserve

                 

 -  

 -  

 -  

 -  

 

Transfer to Other Reserves (to be specified)

                 

 -  

 -  

 -  

 -  

 

TOTAL (C)

 

 127,853.82

 141,669.11

 91,048.05

 47,882.92

 -3,665.00

 7,091.32

 7,442.48

 -24,311.44

 267,795.10

 295,182.84

 137,394.84

 122,494.94

 -11,445.03

 -134,278.47

 -20,091.46

 -12,491.29

 380,538.90

 309,664.81

 215,793.91

 133,575.13

 

Notes:- (a) See notes appended at the end of Form NL-2-B-PL

                 
                       
 

Note - 1

                     
 

Pertaining to Policyholder’s funds

Fire

Marine

Miscellaneous

 

Life

Total

 

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

For the Six Months Ended

31.03.2022

Up to the Year Ended

31.03.2022

For the Six Months Ended

31.03.2021

Up to the Year Ended

31.03.2021

 

Interest, Dividend & Rent

 65,372.84

 125,928.47

 56,787.33

106648.4925

 10,331.37

 21,025.53

 11,722.08

21134.05077

 114,441.53

 233,339.99

 112,762.95

226832.47827

 1,891.83

 7,089.86

 3,580.44

 5,832.81

 192,037.58

 387,383.86

 184,852.81

 360,447.83

 

Add/Less:-

                    
 

 Investment Expenses

 38.28

 156.53

 28.83

 112.99

 4.40

 26.14

 5.85

 22.39

 54.53

 290.05

 48.55

 240.32

 1.34

 8.81

 1.93

 6.18

 98.55

 481.52

 85.16

 381.88

 

Amortisation of Premium/ Discount on Investments

                    
 

Amount written off in respect of depreciated investments

                    
 

Provision for Bad and Doubtful Debts

                    
 

Provision for diminution in the value of other than actively traded Equities

                    
 

Investment income from Pool

                    
 

Interest, Dividend & Rent – Gross*

 (65,334.56)

 125,771.94

 56,758.50

 106,535.50

 10,326.98

 20,999.40

 11,716.23

 21,111.66

 114,387.01

 233,049.95

 112,714.40

 226,592.16

 1,890.49

 7,081.05

 3,578.51

 5,826.63

 191,939.03

 386,902.33

 184,767.64

 360,065.95

                       
 

* Term gross implies inclusive of TDS