FORM NL-1-B-RA
Registration No. 112
Date of Registration with IRDA : 2nd April, 2001
REVENUE ACCOUNT FOR THE YEARs ENDED 31ST MARCH, 2005 to 31ST MARCH, 2010
Particulars Schedule 31st March 2010 31st March 2009 31st March 2008 31st March 2007 31st March 2006 31st March 2005
- - (Rs. '000) (Rs. '000) (Rs. '000) (Rs. '000) (Rs. '000) (Rs. '000)
FIRE INSURANCE BUSINESS
Premiums earned (Net) NL-4-Premium Schedule 23610 852 19125 008 17536 943 14541 198 12734 402 13409 859
Profit on sale of Investments (Net) - 1327 238 744 230 1230 645 1073 654 1027 859 598 862
Profit/-Loss on Exchange Fluctuation - -72 787 98 987 216 867 164 574 -3 786 41 918
Interest, Dividend & Rent  - Gross - 2197 320 1922 177 1472 371 1352 828 1224 715 1204 394
Total (A) - 27062 623 21890 402 20456 826 17132 254 14983 190 15255 033
Claims Incurred (Net) NL-5-Claims Schedule 16363 786 16685 300 16441 141 10517 105 9276 670 8127 015
Commission (Net) NL-6-Commission Schedule 7169 849 5409 070 6172 336 5868 101 4150 467 4586 279
Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 245 689 178 597 141 218 138 044 148 884 124 917
Expenses relating to Investments - 6 231 4 593 5 190 4 299 3 240 2 410
Total (B) - 23785 555 22277 560 22759 885 16527 549 13579 261 12840 621
  -   - - - - -
Operating Profit /- Loss from Fire Business C = (A-B) - 3277 068 -387 158 -2303 059 604 705 1403 929 2414 412
- -   - - - - -
APPROPRIATIONS -   - - - - -
Transfer to Shareholders' Account - 3277 068 -387 158 -2303 059 604 705 1403 929 2414 412
  -            
Total (C) - 3277 068 -387 158 -2303 059 604 705 1403 929 2414 412
As required by Section 40C (2)  of the Insurance  Act, 1938, we certify that,  all expenses of management,  wherever incurred,  whether - - -  
directly or indirectly, in respect of Fire Insurance Business have been fully debited in the Fire Insurance Revenue Accounts as expenses.  - - -  
MISCELLANEOUS INSURANCE BUSINESS
Premiums earned (Net) NL-4-Premium Schedule 49829 019 52133 030 50641 445 35270 547 28492 485 27358 267
Profit on sale of Investments (Net) - 2892 107 2076 307 4125 052 3976 501 3525 572 1990 755
Profit/-Loss on Exchange Fluctuation - -3 659 15 985 -153 863 -119 856 8 198 -2 087
Interest, Dividend & Rent - Gross - 4788 054 5362 631 4935 304 5010 479 4200 791 4003 684
Total (A) - 57505 521 59587 953 59547 938 44137 671 36227 046 33350 619
Claims Incurred (Net) NL-5-Claims Schedule 47482 341 38559 647 38268 917 22253 159 33261 529 25860 717
Commission (Net) NL-6-Commission Schedule 10434 491 10395 450 13118 038 9831 660 6137 926 6670 158
Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 399 669 383 258 367 342 296 432 263 484 244 746
Expenses relating to Investments - 13 577 12 813 17 396 15 923 11 115 8 012
Total (B) - 58330 078 49351 168 51771 693 32397 174 39674 054 32783 633
  -            
Operating Profit/-Loss from Miscellaneous Business C = (A-B) - -824 557 10236 785 7776 245 11740 497 -3447 008 566 986
  -   - - - - -
APPROPRIATIONS -   - - - - -
Transfer to Shareholders' Account - -824 557 10236 785 7776 245 11740 497 -3447 008 566 986
  -            
Total (C) - -824 557 10236 785 7776 245 11740 497 -3447 008 566 986
As required by Section 40C (2)  of the Insurance  Act, 1938, we certify that,  all expenses of management,  wherever incurred,  whether   
directly  or indirectly, in  respect of Miscellaneous Insurance Business have been fully debited in the Miscellaneous Insurance Revenue    
Accounts as expenses.      
MARINE INSURANCE BUSINESS
Premiums earned (Net) NL-4-Premium Schedule 7195 663 6658 277 4016 150 2811 167 3348 415 2961 676
Profit on sale of Investments (Net) - 655 269 355 143 515 514 401 611 453 256 238 619
Profit/-Loss on Exchange Fluctuation - 70 233 -26 622 -68 627 -54 559 2 966 -1 888
Interest, Dividend & Rent - Gross - 1084 837 917 255 616 772 506 039 540 064 479 897
Total (A) - 9006 002 7904 053 5079 809 3664 258 4344 701 3678 304
Claims Incurred (Net) NL-5-Claims Schedule 4649 489 6887 136 5387 160 3449 729 3187 719 3015 852
Commission (Net) NL-6-Commission Schedule 1676 874 1673 710 1574 816 1001 389 738 707 818 419
Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 45 375 48 767 35 338 24 733 22 851 23 414
Expenses relating to Investments - 3 076 2 191 2 174 1 608 1 429  960
Total (B) - 6374 814 8611 804 6999 488 4477 459 3950 706 3858 645
- -   - - - - -
Operating Profit/-Loss from Marine Business C = (A-B)  - 2631 188 -707 751 -1919 679 -813 201 393 995 -180 341
- -   - - - - -
APPROPRIATIONS -            
Transfer to Shareholders' Account - 2631 188 -707 751 -1919 679 -813 201 393 995 -180 341
  -   - - - - -
Total (C) - 2631 188 -707 751 -1919 679 -813 201 393 995 -180 341
       -
As required by Section 40C (2)  of the Insurance  Act, 1938, we certify that,  all expenses of management, wherever  incurred,  whether   
directly or  indirectly, in  respect  of Marine Insurance Business have been  fully debited in  the Marine Insurance Revenue Accounts as   
directly or indirectly, in respect of Life Insurance Business have been fully debited in the Life Insurance Revenue Accounts as expenses.   
LIFE INSURANCE BUSINESS
Premiums earned (Net) NL-4-Premium Schedule 128 800 145 363 95 015 15 064 13 068 6 989
Profit on sale of Investments (Net) - 4 577 2 933  874  548  0  0
Profit/-Loss on Exchange Fluctuation - -1 978 -8 922 -1 544 - 3 - 12 - 10
Interest, Dividend & Rent  - Gross - 7 577 7 575 1 046  691  562  267
Total (A) - 138 976 146 949 95 391 16 300 13 618 7 246
Claims Incurred (Net) NL-5-Claims Schedule 68 261 39 286 17 732 7 117 4 794 24 443
Commission (Net) NL-6-Commission Schedule 21 249 13 521 31 270  40 2 181  0
Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule  946  915 1 036  105 2 319 1 557
Expenses relating to Investments -  21  18  4  2  0  0
Total (B) - 90477 53 740 50 042 7 264 9 294 26 000
- -            
Operating Profit/-Loss from Life Business C = (A-B) - 48499 93 209 45 349 9 036 4 324 -18 754
- - - - - - - -
APPROPRIATIONS - - - - - - -
Transfer to Shareholders' Account - 48499 93 209 45 349 9 036 4 324 -18 754
Total (C) - 48499 93 209 45 349 9 036 4 324 -18 754
As required by Section 40C (2)  of the Insurance  Act, 1938, we certify that,  all expenses of management,  wherever incurred,  whether