| FORM NL-1-B-RA | - | - | - | - | - | ||
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| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA | - | - | - | - | |||
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| Registration No.--112 | - | - | - | - | - | ||
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| Date of--Registration with the IRDA : 2nd April, 2001 | - | - | - | - | - | ||
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| REVENUE ACCOUNT FOR THE PERIOD ENDED 31.03.2012 | - | - | - | - | - | ||
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| - | FIRE INSURANCE BUSINESS | - | - | - | - | - | |
| - | - | PARTICULARS | SCHEDULE | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.03.2011 |
| - | - | - | - | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) |
| - | 1 | Premiums earned (Net) | NL-4-Premium Schedule | 9722 653 | 31576 337 | 7509 231 | 27373 264 |
| - | - | - | - | - | - | - | - |
| - | 2 | Profit on sale of Investments (Net) | - | 272 094 | 724 455 | 357 748 | 1285 365 |
| - | - | - | - | - | - | - | - |
| - | 3 | Profit/-Loss on Exchange Fluctuation | - | 10 609 | 2 218 | -12 428 | -117 150 |
| - | - | - | - | - | - | - | - |
| - | 4 | Interest, Dividend & Rent - Gross | - | 803 635 | 3480 854 | 597 032 | 2702 189 |
| - | - | TOTAL (A) | - | 10808 991 | 35783 864 | 8451 583 | 31243 668 |
| - | - | - | - | - | - | - | - |
| - | 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 18065 429 | 52303 961 | 7594 159 | 22004 887 |
| - | - | - | - | - | - | - | - |
| - | 2 | Commission (Net) | NL-6-Commission Schedule | 1750 606 | 7176 222 | 1640 072 | 6509 120 |
| - | - | - | - | - | - | - | - |
| - | 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 116 286 | 350 648 | 67 647 | 251 916 |
| - | - | - | - | - | - | - | - |
| - | 4 | Expenses relating to Investments | - | 2 723 | 8 403 | 3 484 | 8 300 |
| - | - | - | - | - | - | - | - |
| - | - | TOTAL--(B) | - | 19935 044 | 59839 234 | 9305 362 | 28774 223 |
| - | - | Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) | - | -9126 053 | -24055 370 | -853 779 | 2469 445 |
| - | - | APPROPRIATIONS | - | - | - | - | - |
| - | - | - | - | - | - | - | - |
| - | - | Transfer to Shareholders’ Account | - | -9126 053 | -24055 370 | -853 779 | 2469 445 |
| - | - | Transfer to Catastrophe Reserve | - | - | - | - | - |
| - | - | Transfer to Other Reserves (to be specified) | - | - | - | - | - |
| - | - | TOTAL (C) | - | -9126 053 | -24055 370 | -853 779 | 2469 445 |
| - | 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. | ||||||
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| - | MISCELLANEOUS INSURANCE BUSINESS | - | - | - | - | - | |
| - | - | PARTICULARS | SCHEDULE | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.03.2011 |
| - | - | - | - | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) |
| - | 1 | Premiums earned (Net) | NL-4-Premium Schedule | 21394 939 | 72192 080 | 18483 163 | 60139 643 |
| - | - | - | - | - | - | - | - |
| - | 2 | Profit on sale of Investments (Net) | - | 544 847 | 1450 664 | 700 149 | 2515 593 |
| - | - | - | - | - | - | - | - |
| - | 3 | Profit/-Loss on Exchange Fluctuation | - | 15 765 | 82 414 | -20 449 | -98 418 |
| - | - | - | - | - | - | - | - |
| - | 4 | Interest, Dividend & Rent - Gross | - | 1609 217 | 6970 140 | 1168 455 | 5288 466 |
| - | - | TOTAL (A) | - | 23564 768 | 80695 298 | 20331 318 | 67845 284 |
| - | - | - | - | - | - | - | - |
| - | 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 25047 991 | 74741 586 | 23170 461 | 58636 096 |
| - | - | - | - | - | - | - | - |
| - | 2 | Commission (Net) | NL-6-Commission Schedule | 2008 953 | 10934 501 | 2958 243 | 10675 387 |
| - | - | - | - | - | - | - | - |
| - | 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 175 194 | 602 158 | 105 253 | 454 516 |
| - | - | - | - | - | - | - | - |
| - | 4 | Expenses relating to Investments | - | 5 454 | 16 827 | 6 819 | 16 244 |
| - | - | - | - | - | - | - | - |
| - | 5 | Premium Deficiency | - | - | 1414 674 | - | - |
| - | - | - | - | - | - | - | - |
| - | - | TOTAL--(B) | - | 27237 592 | 87709 746 | 26240 776 | 69782 243 |
| - | - | Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) | - | -3672 824 | -7014 448 | -5909 458 | -1936 959 |
| - | - | APPROPRIATIONS | - | - | - | - | - |
| - | - | - | - | - | - | - | - |
| - | - | Transfer to Shareholders’ Account | - | -3672 824 | -7014 448 | -5909 458 | -1936 959 |
| - | - | Transfer to Catastrophe Reserve | - | - | - | - | - |
| - | - | Transfer to Other Reserves (to be specified) | - | - | - | - | - |
| - | - | TOTAL (C) | - | -3672 824 | -7014 448 | -5909 458 | -1936 959 |
| - | 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. | ||||||
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| - | MARINE INSURANCE BUSINESS | - | - | - | - | - | |
| - | - | PARTICULARS | SCHEDULE | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.03.2011 |
| - | - | - | - | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) |
| - | 1 | Premiums earned (Net) | NL-4-Premium Schedule | 2371 507 | 8981 772 | 2410 024 | 7685 571 |
| - | - | - | - | - | - | - | - |
| - | 2 | Profit on sale of Investments (Net) | - | 99 952 | 266 124 | 142 872 | 513 328 |
| - | - | - | - | - | - | - | - |
| - | 3 | Profit/-Loss on Exchange Fluctuation | - | 18 391 | 24 218 | 2 823 | 10 310 |
| - | - | - | - | - | - | - | - |
| - | 4 | Interest, Dividend & Rent - Gross | - | 295 210 | 1278 670 | 238 432 | 1079 155 |
| - | - | TOTAL (A) | - | 2785 060 | 10550 784 | 2794 151 | 9288 364 |
| - | - | - | - | - | - | - | - |
| - | 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 5395 630 | 12643 110 | 335 285 | 5437 852 |
| - | - | - | - | - | - | - | - |
| - | 2 | Commission (Net) | NL-6-Commission Schedule | 676 169 | 2531 111 | 411 479 | 2042 160 |
| - | - | - | - | - | - | - | - |
| - | 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 22 472 | 74 181 | 7 070 | 51 704 |
| - | - | - | - | - | - | - | - |
| - | 4 | Expenses relating to Investments | - | 1 001 | 3 087 | 1 392 | 3 315 |
| - | - | - | - | - | - | - | - |
| - | - | TOTAL--(B) | - | 6095 272 | 15251 489 | 755 226 | 7535 031 |
| - | - | Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) | - | -3310 212 | -4700 705 | 2038 925 | 1753 333 |
| - | - | APPROPRIATIONS | - | - | - | - | - |
| - | - | - | - | - | - | - | - |
| - | - | Transfer to Shareholders’ Account | - | -3310 212 | 15251 489 | 2038 925 | 7535 031 |
| - | - | Transfer to Catastrophe Reserve | - | - | - | - | - |
| - | - | Transfer to Other Reserves (to be specified) | - | - | - | - | - |
| - | - | TOTAL (C) | - | -3310 212 | 15251 489 | 2038 925 | 7535 031 |
| 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 expenses. | |||||||
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| - | LIFE INSURANCE BUSINESS | - | - | - | - | - | |
| - | - | PARTICULARS | SCHEDULE | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.03.2011 |
| - | - | - | - | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) | ( Rs. IN 000) |
| - | 1 | Premiums earned (Net) | NL-4-Premium Schedule | 150 333 | 407 106 | 110 463 | 241 866 |
| - | - | - | - | - | - | - | - |
| - | 2 | Profit on sale of Investments (Net) | - | 1 823 | 4 855 | 1 347 | 4 842 |
| - | - | - | - | - | - | - | - |
| - | 3 | Profit/-Loss on Exchange Fluctuation | - | -2 809 | -2 363 | 456 | 1 202 |
| - | - | - | - | - | - | - | - |
| - | 4 | Interest, Dividend & Rent - Gross | - | 5 386 | 23 328 | 2 249 | 10 180 |
| - | - | TOTAL (A) | - | 154 733 | 432 926 | 114 515 | 258 090 |
| - | - | - | - | - | - | - | - |
| - | 1 | Claims Incurred (Net) | NL-5-Claims Schedule | 119 356 | 175 423 | 111 280 | 178 944 |
| - | - | - | - | - | - | - | - |
| - | 2 | Commission (Net) | NL-6-Commission Schedule | 6 673 | 24 484 | 26 639 | 36 826 |
| - | - | - | - | - | - | - | - |
| - | 3 | Operating Expenses related to Insurance Business | NL-7-Operating Expenses Schedule | 1 283 | 3 521 | 1 001 | 2 143 |
| - | - | - | - | - | - | - | - |
| - | 4 | Expenses relating to Investments | - | 18 | 56 | 13 | 31 |
| - | - | - | - | - | - | - | - |
| - | - | TOTAL--(B) | - | 127 330 | 203 484 | 138 933 | 217 944 |
| - | - | Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) | - | 27 403 | 229 442 | -24 418 | 40 146 |
| - | - | APPROPRIATIONS | - | - | - | - | - |
| - | - | - | - | - | - | - | - |
| - | - | Transfer to Shareholders’ Account | - | 27 403 | 3 521 | -24 418 | 2 143 |
| - | - | Transfer to Catastrophe Reserve | - | - | - | - | - |
| - | - | Transfer to Other Reserves (to be specified) | - | - | - | - | - |
| - | - | TOTAL (C) | - | 27 403 | 3 521 | -24 418 | 2 143 |
| - | 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 Life Insurance Business have been fully debited in the Life Insurance Revenue Accounts as expenses. | ||||||