| 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: 30.09.2022 | |||||||||
| 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 | 2,486,661.21 | ||||||
| Investments (Policyholders) | 8A | 8,112,917.67 | |||||||
| 2 | Loans | 9 | 17,960.35 | ||||||
| 3 | Fixed Assets | 10 | 17,237.30 | ||||||
| 4 | Current Assets | ||||||||
| a. Cash & Bank Balance | 11 | 2,107,881.63 | |||||||
| b. Advances & Other Assets | 12 | 2,313,345.31 | |||||||
| 5 | Current Liabilities | ||||||||
| a. Current Liabilities | 13 | -7,113,716.27 | |||||||
| b. Provisions | 14 | -1,764,501.48 | |||||||
| c. Misc. Exp not Written Off | 15 | ||||||||
| d. Debit Balance of P&L A/c | |||||||||
| Application of Funds as per Balance Sheet (A) | 6,177,785.73 | ||||||||
| Less: Other Assets | SCH ++ | Amount | |||||||
| 1 | Loans (if any) | 9 | 991.82 | ||||||
| 2 | Fixed Assets (if any) | 10 | 17,237.30 | ||||||
| 3 | Cash & Bank Balance (if any) | 11 | 1,597,743.09 | ||||||
| 4 | Advances & Other Assets (if any) | 12 | 2,183,519.85 | ||||||
| 5 | Current Liabilities | 13 | -7,113,716.27 | ||||||
| 6 | Provisions | 14 | -1,764,501.48 | ||||||
| 7 | Misc. Exp not Written Off | 15 | |||||||
| 8 | Investments held outside India | ||||||||
| 9 | Debit Balance of P&L A/c | ||||||||
| Total (B) | -5,078,725.69 | ||||||||
| 'Investment Assets' | (A-B) | 11,256,511.42 | |||||||
| Section II | |||||||||
| No | 'Investment' represented as | Reg. % | SH | PH | Book Value (SH + PH) | % Actual | FVC Amount | Total | |
| Balance | FRSM+ | ||||||||
| (a) | (b) | (c) | d = (a+b+c) | e = (d-a) % | (f) | (g)=(d+f) | |||
| 1 | Central Govt. Securities | Not less than 20% | 483,274.92 | - | 1,617,920.38 | 2,101,195.29 | 25.74 | - | 2,101,195.29 |
| 2 | Central Govt Sec, State Govt Sec or Other Approved Securities (incl (1) above) | Not less than 30% | 993,718.31 | - | 3,326,796.08 | 4,320,514.40 | 52.93 | - | 4,320,514.40 |
| 3 | Investment subject to Exposure Norms | - | - | - | - | - | - | ||
| a. Housing / Infra & Loans to SG for Housing and FFE | Not less than 15% | - | - | - | - | - | - | ||
| 1. Approved Investments | 286,510.24 | - | 959,186.44 | 1,245,696.68 | 15.26 | 73,313.23 | 1,319,009.91 | ||
| 2. Other Investments | 21,319.18 | - | 71,372.91 | 92,692.09 | 1.14 | -827.00 | 91,865.08 | ||
| b. Approved Investments | Not exceeding 55% | 459,949.40 | - | 1,539,830.62 | 1,999,780.02 | 24.50 | 2,742,705.96 | 4,742,485.98 | |
| c. Other Investments | 115,898.72 | - | 388,008.76 | 503,907.48 | 6.17 | 281,729.70 | 785,637.18 | ||
| Investment Assets | 100% | 1,877,395.85 | - | 6,285,194.81 | 8,162,590.67 | 100.00 | 3,096,921.89 | 11,259,512.55 | |
| 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 23.46 : 76.54 as per B/s as on 30.09.2022. | |||||||||
| Certified that the information given herein are correct, complete and nothing has been concealed or suppressed, to the best of my knowledge and belief. | |||||||||
| Date: | Signature | ||||||||
| Full Name | Jayashree Ranade | ||||||||
| General Manager & CFO | |||||||||
| PART - B | |||||||||
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||||||||
| Registration Number: 112 | |||||||||
| Statement as on: 30.09.2022 | |||||||||
| 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 | 2,006,661.18 | 25.94 | 94,534.11 | 22.10 | 2,101,195.29 | 25.74 | ||
| 2 | Central Govt Sec, State Govt Sec or Other Approved Securities (incl (i) above) | 4,109,783.20 | 53.13 | 210,731.20 | 49.27 | 4,320,514.40 | 52.93 | ||
| 3 | Investment subject to Exposure Norms | - | - | - | - | - | - | ||
| a. Housing & Loans to SG for Housing and FFE | - | - | - | - | - | - | |||
| 1. Approved Investments | 572,778.96 | 7.41 | 32,229.37 | 7.54 | 605,008.33 | 7.41 | |||
| 2. Other Investments | 12,715.25 | 0.16 | 1.49 | 0.00 | 12,716.74 | 0.16 | |||
| b. Infrastructure Investments | - | - | - | - | - | - | |||
| 1. Approved Investments | 629,942.43 | 8.14 | 10,745.92 | 2.51 | 640,688.35 | 7.85 | |||
| 2. Other Investments | 77,741.80 | 1.01 | 2,233.55 | 0.52 | 79,975.35 | 0.98 | |||
| c. Approved Investments | 1,939,092.04 | 25.07 | 60,687.98 | 14.19 | 1,999,780.02 | 24.50 | |||
| d. Other Investments (not exceeding 15%) | 392,824.01 | 5.08 | 111,083.47 | 25.97 | 503,907.48 | 6.17 | |||
| Total | 7,734,877.69 | 100.00 | 427,712.98 | 100.00 | 8,162,590.67 | 100.00 | |||
| 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 | |||||||||