FORM NL-1-B-RA
Registration No.  112
Date of  Registration with the IRDA : 2nd April, 2001
REVENUE ACCOUNT FOR THE QUARTER ENDED 30.06.2010
FIRE INSURANCE BUSINESS
Particulars Schedule FOR THE QUARTER ENDED 30.6.2010 FOR THE PREVIOUS QUARTER ENDED 30.6.2009
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 7509 638 5281 905
2 Profit on sale of Investments (Net)   77 548 220 791
3 Profit/-Loss on Exchange Fluctuation   -47 882 15 247
4 Interest, Dividend & Rent  - Gross   579 580 460 313
  TOTAL (A)   8118 884 5978 256
1 Claims Incurred (Net) NL-5-Claims Schedule 3729 237 3231 648
2 Commission (Net) NL-6-Commission Schedule 1411 053 1861 622
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 76 644 42 229
4 Expenses relating to Investments    3  815
  TOTAL  (B)   5216 937 5136 314
  Operating Profit/(Loss) from Fire Business C= (A - B)   2901 947 841 942
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   2901 947 841 942
  TOTAL (C)   2901 947 841 942
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
  Particulars Schedule FOR THE QUARTER ENDED 30.6.2010 FOR THE PREVIOUS QUARTER ENDED 30.6.2009
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 12419 455 10666 535
2 Profit on sale of Investments (Net)   151 769 481 112
3 Profit/-Loss on Exchange Fluctuation   1 012 40 059
4 Interest, Dividend & Rent  - Gross   1134 299 1003 042
  TOTAL (A)   13706 535 12190 748
1 Claims Incurred (Net) NL-5-Claims Schedule 10715 007 10891 653
2 Commission (Net) NL-6-Commission Schedule 2287 798 2176 307
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 107 291 62 513
4 Expenses relating to Investments    6 1 777
  TOTAL (B)   13110 102 13132 250
  Operating Profit/(Loss) from Miscellaneous Business C= (A - B)   596 433 -941 502
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   596 433 -941 502
  TOTAL (C)   596 433 -941 502
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 Miscellaneous Insurance Revenue Accounts as expenses.
MARINE INSURANCE BUSINESS
  Particulars Schedule FOR THE QUARTER ENDED 30.6.2010 FOR THE PREVIOUS QUARTER ENDED 30.6.2009
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 1624 850 1390 089
2 Profit on sale of Investments (Net)   30 970 109 006
3 Profit/-Loss on Exchange Fluctuation   46 198 6 213
4 Interest, Dividend & Rent  - Gross   231 463 227 261
  TOTAL (A)   1933 481 1732 569
1 Claims Incurred (Net) NL-5-Claims Schedule 1588 344 1330 364
2 Commission (Net) NL-6-Commission Schedule 447 138 376 790
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 14 882 6 957
4 Expenses relating to Investments    1  403
  TOTAL  (B)   2050 365 1714 514
  Operating Profit/(Loss) from Marine Business C= (A - B)   -116 884 18 055
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   -116 884 18 055
  TOTAL (C)   -116 884 18 055
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 Marine Insurance Revenue Accounts as expenses.
LIFE INSURANCE BUSINESS
  Particulars Schedule FOR THE QUARTER ENDED 30.6.2010 FOR THE PREVIOUS QUARTER ENDED 30.6.2009
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 30 152 18 713
2 Profit on sale of Investments (Net)    292  761
3 Profit/-Loss on Exchange Fluctuation   - 57 - 2
4 Interest, Dividend & Rent  - Gross   2 183 1 587
  TOTAL (A)   32 570 21 059
1 Claims Incurred (Net) NL-5-Claims Schedule 9 195 11 426
2 Commission (Net) NL-6-Commission Schedule 1 740  835
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule  197  175
4 Expenses relating to Investments    0  3
  TOTAL  (B)   11 132 12 439
  Operating Profit/(Loss) from Life Business C= (A - B)   21 438 8 620
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   21 438 8 620
  TOTAL (C)   21 438 8 620
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 Lifee Insurance Revenue Accounts as expenses.