| 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 31.03.2023 | ||||||||||||||||||||||
| (Amount in Rs. Lakhs) | ||||||||||||||||||||||
| Particulars | Schedule Ref. Form No. | Fire | Marine | Miscellaneous |
Life | Total | ||||||||||||||||
| For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
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| 1 | Premiums earned (Net) | NL-4 | 527,219.65 | 1,137,993.13 | 498,891.03 | 1,109,964.09 | 71,934.06 | 138,749.42 | 109,708.00 | 219,229.11 | 958,286.62 | 2,150,715.58 | 1,077,476.29 | 2,471,132.40 | 73,346.84 | 153,342.64 | 66,822.74 | 129,014.75 | 1,630,787.17 | 3,580,800.77 | 1,752,898.05 | 3,929,340.34 |
| 2 | Profit/ Loss on sale/redemption of Investments | 59,817.68 | 114,367.71 | 65,500.30 | 113,572.18 | 7,797.50 | 15,865.11 | 10,473.63 | 18,962.47 | 84,265.32 | 180,205.14 | 116,059.83 | 210,444.31 | 3,137.79 | 5,545.17 | 2,265.62 | 6,394.19 | 155,018.30 | 315,983.14 | 194,299.39 | 349,373.16 | |
| 3 | Interest, Dividend & Rent – Gross Note 1 |
80,168.30 | 157,826.57 | 65,334.56 | 125,771.94 | 10,408.55 | 21,893.73 | 10,326.98 | 20,999.40 | 112,100.30 | 248,681.72 | 114,387.01 | 233,049.95 | 4,225.10 | 7,652.29 | 1,890.49 | 7,081.05 | 206,902.26 | 436,054.32 | 191,939.03 | 386,902.33 | |
| 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) |
-3,222.78 | 20,018.51 | 7,579.64 | 13,003.66 | -557.56 | 3,009.72 | 1,273.44 | 2,191.44 | -6,576.36 | 35,843.90 | 13,974.84 | 24,135.52 | -295.57 | 768.33 | 364.14 | 810.58 | (10,652.27) | 59,640.46 | 23,192.06 | 40,141.20 | |
| TOTAL (A) | 663,982.86 | 1,430,205.93 | 637,305.53 | 1,362,311.87 | 89,582.56 | 179,517.99 | 131,782.05 | 261,382.42 | 1,148,075.88 | 2,615,446.34 | 1,321,897.97 | 2,938,762.18 | 80,414.16 | 167,308.43 | 71,342.99 | 143,300.57 | 1,982,055.46 | 4,392,478.69 | 2,162,328.53 | 4,705,757.03 | ||
| 0 | 0 | 0 | 0 | |||||||||||||||||||
| 6 | Claims Incurred (Net) | NL-5 | 443,740.61 | 1,043,694.17 | 455,304.20 | 1,015,182.35 | 67,033.50 | 111,236.73 | 112,533.02 | 212,764.66 | 801,267.30 | 1,959,707.08 | 870,958.49 | 2,160,927.91 | 90,669.90 | 159,299.78 | 80,417.67 | 273,709.68 | 1,402,711.31 | 3,273,937.76 | 1,519,213.38 | 3,662,584.60 |
| 7 | Commission | NL-6 | 120,456.60 | 247,439.19 | 47,134.38 | 193,962.49 | 16,134.53 | 24,844.80 | 22,080.16 | 40,246.16 | 115,197.36 | 286,941.93 | 168,391.39 | 459,502.95 | 1,166.57 | 1,825.15 | 450.47 | 1,370.22 | 252,955.06 | 561,051.07 | 238,056.40 | 695,081.82 |
| 8 | Operating Expenses related to Insurance Business | NL-7 | 10,145.25 | 14,702.70 | 7,013.12 | 11,497.91 | 661.07 | 1,033.17 | 833.87 | 1,280.28 | 15,854.36 | 23,021.07 | 14,752.99 | 23,148.48 | 1,252.40 | 1,687.06 | 826.97 | 1,201.14 | 27,913.08 | 40,444.00 | 23,426.95 | 37,127.81 |
| 9 | Premium Deficiency | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,085.56 | -854.13 | 1,092.91 | 1,298.00 | 1,085.56 | (854.13) | 1,092.91 | 1,298.00 | |||||
| 0 | 0 | 0 | 0 | |||||||||||||||||||
| TOTAL (B) | 574,342.47 | 1,305,836.07 | 509,451.71 | 1,220,642.76 | 83,829.10 | 137,114.70 | 135,447.04 | 254,291.09 | 932,319.02 | 2,269,670.08 | 1,054,102.86 | 2,643,579.33 | 94,174.43 | 161,957.86 | 82,788.02 | 277,579.04 | 1,684,665.02 | 3,874,578.71 | 1,781,789.63 | 4,396,092.22 | ||
| 0 | 0 | 0 | 0 | |||||||||||||||||||
| 10 | Operating Profit/(Loss) C= (A - B) |
89,640.39 | 124,369.86 | 127,853.82 | 141,669.11 | 5,753.46 | 42,403.29 | -3,665.00 | 7,091.32 | 215,756.87 | 345,776.27 | 267,795.10 | 295,182.84 | -13,760.27 | 5,350.57 | -11,445.03 | -134,278.47 | 297,390.44 | 517,899.98 | 380,538.90 | 309,664.81 | |
| 0 | 0 | 0 | 0 | |||||||||||||||||||
| 11 | APPROPRIATIONS | 0 | 0 | 0 | 0 | |||||||||||||||||
| 0 | 0 | 0 | 0 | |||||||||||||||||||
| Transfer to Shareholders’ Account | 77,203.41 | 111,932.88 | 127,853.82 | 141,669.11 | 1,513.13 | 38,162.96 | -3,665.00 | 7,091.32 | 181,179.24 | 311,198.64 | 267,795.10 | 295,182.84 | -13,760.27 | 5,350.57 | -11,445.03 | -134,278.47 | 246,135.50 | 466,645.04 | 380,538.90 | 309,664.81 | ||
| Transfer to Catastrophe Reserve | 12,436.99 | 12,436.99 | 4,240.33 | 4,240.33 | 34,577.63 | 34,577.63 | 0 | 0 | 51,254.94 | 51,254.94 | 0 | 0 | ||||||||||
| Transfer to Other Reserves (to be specified) | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| TOTAL (C) | 89,640.39 | 124,369.86 | 127,853.82 | 141,669.11 | 5,753.46 | 42,403.29 | -3,665.00 | 7,091.32 | 215,756.87 | 345,776.27 | 267,795.10 | 295,182.84 | -13,760.27 | 5,350.57 | -11,445.03 | -134,278.47 | 297,390.44 | 517,899.98 | 380,538.90 | 309,664.81 | ||
| 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 Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
For the Half Year 31.03.2023 | Up to the quarter 31.03.2023 | For the corresponding Half Year of the previous year 31.03.2022 | Up to the corresponding quarter of the previous year 31.03.2022 |
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| Interest, Dividend & Rent | 42,195.67 | 157,980.04 | 35,646.14 | 125928.47477 | 5,739.54 | 21,915.02 | 4,429.23 | 21025.53146 | 57,178.93 | 248,923.54 | 53,529.30 | 233339.99024 | 2,860.84 | 7,659.73 | 1,388.07 | 7,089.86 | 107,974.97 | 436,478.34 | 94,992.74 | 387,383.86 | ||
| Add/Less:- | ||||||||||||||||||||||
| Investment Expenses | 34.81 | 153.47 | 38.28 | 156.53 | 4.71 | 21.29 | 4.40 | 26.14 | 45.31 | 241.82 | 54.53 | 290.05 | 2.52 | 7.44 | 1.34 | 8.81 | 87.36 | 424.02 | 98.55 | 481.52 | ||
| 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* | (42,160.86) | 157,826.57 | 35,607.86 | 125,771.94 | 5,734.83 | 21,893.73 | 4,424.83 | 20,999.40 | 57,133.61 | 248,681.72 | 53,474.77 | 233,049.95 | 2,858.32 | 7,652.29 | 1,386.73 | 7,081.05 | 107,887.61 | 436,054.32 | 94,894.19 | 386,902.33 | ||