FORM NL-1-B-RA
Registration No. 112
Date of Registration with the IRDA : 2nd April, 2001
REVENUE ACCOUNT FOR THE HALF YEAR ENDED 30.09.2010
  Particulars Schedule UP TO THE QUARTER FOR THE HALF YEAR ENDED 30.09.2010 UP TO THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS HALF YEAR ENDED 30.09.2009
      ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
 FIRE INSURANCE BUSINESS
1 Premiums earned (Net) NL-4-Premium Schedule 6738 010 14247 648 6959 821 12241 726
2 Profit on sale of Investments (Net)   632 040 709 588 309 655 530 446
3 Profit/-Loss on Exchange Fluctuation   -19 840 -67 722 -36 342 -21 095
4 Interest, Dividend & Rent- Gross   930 904 1510 484 782 905 1243 218
  TOTAL (A)   8281 114 16399 998 8016 039 13994 295
1 Claims Incurred (Net) NL-5-Claims Schedule 5766 672 9495 909 4442 493 7674 141
2 Commission (Net) NL-6-Commission Schedule 2045 606 3456 659 1674 165 3535 787
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 57 708 134 352 58 297 100 526
4 Expenses relating to Investments   2 651 2 654  986 1 801
  TOTAL  (B)   7872 637 13089 574 6175 941 11312 255
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   408 477 3310 424 1840 098 2682 040
  APPROPRIATIONS  
  Transfer to Shareholders’ Account   408 477 3310 424 1840 098 2682 040
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)
  TOTAL (C)   408 477 3310 424 1840 098 2682 040
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 UP TO THE QUARTER FOR THE HALF YEAR ENDED 30.09.2010 UP TO THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS HALF YEAR ENDED 30.09.2009
      ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 16186 258 28605 713 12640 979 23307 514
2 Profit on sale of Investments (Net)   1236 969 1388 738 674 753 1155 865
3 Profit/-Loss on Exchange Fluctuation   -7 528 -6 516 16 487 56 546
4 Interest, Dividend & Rent - Gross   1821 875 2956 174 1705 982 2709 024
  TOTAL (A)   19237 574 32944 109 15038 201 27228 949
1 Claims Incurred (Net) NL-5-Claims Schedule 13845 313 24560 320 12857 051 23748 704
2 Commission (Net) NL-6-Commission Schedule 3081 317 5369 115 2738 924 4915 231
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 120 561 227 852 102 081 164 594
4 Expenses relating to Investments   5 188 5 194 2 148 3 925
  TOTAL  (B)   17052 379 30162 481 15700 204 28832 454

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   2185 195 2781 628 -662 003 -1603 505
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   2185 195 2781 628 -662 003 -1603 505
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   2185 195 2781 628 -662 003 -1603 505
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 UP TO THE QUARTER FOR THE HALF YEAR ENDED 30.09.2010 UP TO THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS HALF YEAR ENDED 30.09.2009
      ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 2151 916 3776 766 1746 496 3136 585
2 Profit on sale of Investments (Net)   252 414 283 384 152 880 261 886
3 Profit/-Loss on Exchange Fluctuation   -34 238 11 960 65 708 71 921
4 Interest, Dividend & Rent  - Gross   371 769 603 232 386 527 613 788
  TOTAL (A)   2741 861 4675 342 2351 611 4084 180
1 Claims Incurred (Net) NL-5-Claims Schedule 1676 761 3265 105 1808 505 3138 869
2 Commission (Net) NL-6-Commission Schedule 611 276 1058 414 409 743 786 533
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 11 746 26 628 12 314 19 271
4 Expenses relating to Investments   1059 1060 486 889
  TOTAL  (B)   2300 842 4351 207 2231 048 3945 562
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   441019 324135 120563 138618
  APPROPRIATIONS  
  Transfer to Shareholders’ Account   441 019 324 135 120 563 138 618
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   441 019 324 135 120 563 138 618
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 UP TO THE QUARTER FOR THE HALF YEAR ENDED 30.09.2010 UP TO THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS HALF YEAR ENDED 30.09.2009
  ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 64 538 94 690 34 871 53 584
2 Profit on sale of Investments (Net)   2 381 2 673 1 068 1 829
3 Profit/-Loss on Exchange Fluctuation    819  762 - 206 - 208
4 Interest, Dividend & Rent  - Gross   3 507 5 690 2 700 4 287
  TOTAL (A)   71 245 103 815 38 433 59 492
1 Claims Incurred (Net) NL-5-Claims Schedule 33 067 42 262 34 637 46 063
2 Commission (Net) NL-6-Commission Schedule 3 961 5 701 2 554 3 389
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule  518  715  341  516
4 Expenses relating to Investments    10  10  3  6
  TOTAL  (B)   37 556 48 688 37 535 49 974

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   33 689 55 127  898 9 518
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   33 689 55 127  898 9 518
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)
  TOTAL (C)   33 689 55 127  898 9 518
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.