FORM NL-28-STATEMENT OF INVESTMENT ASSETS AND STATEMENT OF ACCRETION OF ASSETS

     
           

PART - A

          

Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA

       

Registration Number: 112

       

Statement as on: 31.03.2022

      

Statement of Investment Assets (General Insurer including an insurer carrying on business of re-insurance or health insurance)

       

(Business within India)

       

Periodicity of Submission: Half yearly

 

(Rs. in Lakhs)

       
           

Section I

          

No

PARTICULARS

SCH ++

AMOUNT

       

1

Investments (Shareholders)

8

 2,325,426.77

       
 

Investments (Policyholders)

8A

 7,785,124.39

       

2

Loans

9

 18,891.00

       

3

Fixed Assets

10

 17,049.00

       

4

Current Assets

 

 -  

       
 

a. Cash & Bank Balance

11

 2,104,710.00

       
 

b. Advances & Other Assets

12

 1,963,935.00

       

5

Current Liabilities

 

 -  

       
 

a. Current Liabilities

13

 -6,442,298.00

       
 

b. Provisions

14

 -1,940,670.00

       
 

c. Misc. Exp not Written Off

15

        
 

d. Debit Balance of P&L A/c

         
 

Application of Funds as per Balance Sheet   (A)

 

 5,832,168.16

       
           
 

Less: Other Assets

SCH ++

Amount

       

1

Loans (if any)

9

315.80

       

2

Fixed Assets (if any)

10

17049.36

       

3

Cash & Bank Balance (if any)

11

1535752.25

       

4

Advances & Other Assets (if any)

12

1959142.15

       

5

Current Liabilities

13

-6442298.20

       

6

Provisions

14

-1940670.08

       

7

Misc. Exp not Written Off

15

        

8

Investments held outside India

         

9

Debit Balance of P&L A/c

         
 

Total   (B)

 

-4870708.72

       
 

 'Investment Assets'

(A-B)

10702876.88

       
           

Section II

          

No

'Investment' represented as

Reg. %

SH

PH

Book Value (SH + PH)

%           Actual

FVC Amount

Total

Market Value

(h)

Balance

FRSM+

(a)

(b)

(c)

d = (a+b+c)

e = (d-a) %

(f)

(g)=(d+f)

1

Central Govt. Securities

Not less than 20%

461532.07

0

1545129.11

 2,006,661.18

25.94

 

 2,006,661.18

 2,059,576.52

2

Central Govt Sec, State Govt Sec or Other Approved Securities (incl (1) above)

Not less than 30%

945250.14

0

3164533.07

 4,109,783.21

53.13

 

 4,109,783.21

 4,182,142.23

3

Investment subject to Exposure Norms

         
 

a.  Housing / Infra & Loans to SG for Housing and FFE

Not less than 15%

        
 

1. Approved Investments

276625.92

0

926095.47

 1,202,721.39

15.55

81820.46

 1,284,541.85

 1,301,983.67

 

2. Other Investments

20805.12

0

69651.93

 90,457.05

1.17

-32.72

 90,424.33

 93,947.72

 

b. Approved Investments

Not exceeding 55%

445991.17

0

1493100.87

 1,939,092.04

25.07

2626843.34

 4,565,935.38

 4,572,491.93

 

c. Other Investments

90349.52

0

302474.49

 392,824.01

5.08

262370.33

 655,194.34

 670,110.94

 

 Investment Assets

100%

1779021.87

0.00

5955855.83

7734877.69

100.00

2971001.41

10705879.11

10820676.49

Note:

1. (+) FRSM refers 'Funds representing Solvency Margin'

         

2. Other Investments' are as permitted under 27A(2)

 

3. Pattern of Investment is applicable to both Shareholders funds representing solvency margin and policyholders funds.

 

4. Exposure Norms shall apply to Funds held beyond Solvency Margin, held in a separate Custody Account

 

5. SCH (++) refers to Schedules to Balance Sheet, prepared  as per IRDAI (Preparation of Fin. Stmt and Auditors' Report of Ins Companies) Regulations

 

6. Investment Regulations, as amended from time to time, to be referred

           

Certification:

1.  Central Govt. Securities includes Treasury Bills,  Deposit Under Section 7 of Insurance Act, 1938 and Deposit with CCIL (securities)

2.  Shareholder and Policyholder Funds have been bifurcated in the ratio of  23 : 77 as per B/s as on 31.03.2022.

Certified that the information given herein are  correct, complete and nothing has been concealed or suppressed, to the best of my knowledge and belief.

           
           
           

PART - B

          
           

Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA

  

Registration Number: 112

  

Statement as on: 31.03.2022

  

Statement of Accretion of Assets

    

(Rs. Lakhs)

  

(Business within India)

         

Periodicity of Submission : Half yearly

         

No

Category of Investments

COI

Opening Balance

% to Opening Balance

Net Accretion for the Qtr.

% to Total Accrual

TOTAL

% to Total

  

(A)

(B)

(A+B)

  

1

Central Govt. Securities

 

1932998.74

25.74

73662.44

32.85

2006661.18

24.94

  

2

Central Govt Sec, State Govt Sec or Other Approved Securities (incl (i) above)

 

3967821.02

52.83

141962.18

63.32

4109783.20

53.13

  

3

Investment subject to Exposure Norms

         
 

a.  Housing & Loans to SG for Housing and FFE

         
 

1. Approved Investments

 

457401.82

6.09

115377.13

51.45

572778.96

7.41

  
 

2. Other Investments

 

86571.08

1.15

(73855.84)

(32.94)

12715.00

0.16

  
 

b. Infrastructure Investments

         
 

1. Approved Investments

 

555916.46

7.40

74025.98

33.02

629942.43

8.14

  
 

2. Other Investments

 

149352.30

1.99

(71610.50)

(31.94)

77741.80

1.01

  
 

c. Approved Investments

 

1886240.16

25.11

52851.88

23.57

1939092.04

25.07

  
 

d. Other Investments (not exceeding 15%)

 

407366.71

5.42

(14542.70)

(6.49)

392824.01

5.08

  
 

Total

 

7510669.55

100%

224208.14

100%

7734877.69

100%

  
           

Note:

          

1.  Total (A+B), fund wise should tally with figures shown in Form 3B (Part A)

  

2. Investment Regulations, as amended from time to time, to be referred