FORM NL-1-B-RA - - - - -
- - - - - - - -
Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA - - - -
------------------------------- - - - - -
Registration No.--112 - - - - -
- - - - - - -
Date of--Registration with the IRDA : 2nd April, 2001 - - - - -
- - - - - - -
REVENUE ACCOUNT FOR THE PERIOD ENDED 31.03.2013 - - - - -
- - - - - - - -
-  FIRE INSURANCE BUSINESS - - - - ( ` IN 000)
- - PARTICULARS SCHEDULE FOR THE QUARTER TWELVE MONTH ENDING 31.03.2013 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2012
- - - - ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
- 1 Premiums earned (Net) NL-4-Premium Schedule 9531 883 34412 717 9722 653 31576 337
- - - - - - - -
- 2 Profit on sale of Investments (Net) - 1535 563 2691 304 272 094 724 455
- - - - - - - -
- 3 Profit/-Loss on Exchange Fluctuation - 341 220 303 051 10 609 2 218
- - - - - - - -
- 4 Interest, Dividend & Rent  - Gross - 1296 674 5036 451 803 635 3480 854
- - TOTAL (A) - 12705 340 42443 523 10808 991 35783 864
- - - - - - - -
- 1 Claims Incurred (Net) NL-5-Claims Schedule 4554 385 30063 580 18065 429 52303 961
- - - - - - - -
- 2 Commission (Net) NL-6-Commission Schedule 2110 112 8194 661 1750 606 7176 222
- - - - - - - -
- 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 81 364 357 933 116 286 350 648
- - - - - - - -
- 4 Expenses relating to Investments - 2 794 11 116 2 723 8 403
- - - - - - - -
- - TOTAL--(B) - 6748 655 38627 290 19935 044 59839 234
- - Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 5956 685 3816 233 -9126 053 -24055 370
- - APPROPRIATIONS - - - - -
- - - - - - - -
- - Transfer to Shareholders’ Account - 5956 685 3816 233 -9126 053 -24055 370
- - Transfer to Catastrophe Reserve - - - - -
- - Transfer to Other Reserves (to be specified) - - - - -
- - TOTAL (C) - 5956 685 3816 233 -9126 053 -24055 370
- 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 TWELVE MONTH ENDING 31.03.2013 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2012
- - - - ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
- 1 Premiums earned (Net) NL-4-Premium Schedule 25613 045 86442 168 21394 939 72192 080
- - - - - - - -
- 2 Profit on sale of Investments (Net) - 2362 252 4140 200 544 847 1450 664
- - - - - - - -
- 3 Profit/-Loss on Exchange Fluctuation - 505 768 803 046 15 765 82 414
- - - - - - - -
- 4 Interest, Dividend & Rent  - Gross - 1994 755 7747 885 1609 217 6970 140
- - TOTAL (A) - 30475 820 99133 299 23564 768 80695 298
- - - - - - - -
- 1 Claims Incurred (Net) NL-5-Claims Schedule 22211 790 72807 268 25047 991 74741 586
- - - - - - - -
- 2 Commission (Net) NL-6-Commission Schedule 7221 942 18490 653 2008 953 10934 501
- - - - - - - -
- 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 171 850 682 795 175 195 602 158
- - - - - - - -
- 4 Expenses relating to Investments - 4 297 17 100 5 454 16 827
- - - - - - - -
- 5 Premium Deficiency - - -1414 674 1414 674 1414 674
- - - - - - - -
- - TOTAL--(B) - 29609 879 90583 142 28652 267 87709 746
- - Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 865 941 8550 157 -5087 499 -7014 448
- - APPROPRIATIONS - - - - -
- - - - - - - -
- - Transfer to Shareholders’ Account - 865 941 8550 157 -5087 499 -7014 448
- - Transfer to Catastrophe Reserve - - - - -
- - Transfer to Other Reserves (to be specified) - - - - -
- - TOTAL (C) - 865 941 8550 157 -5087 499 -7014 448
- 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 - - - - -
- - PARTICULARS SCHEDULE FOR THE QUARTER TWELVE MONTH ENDING 31.03.2013 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2012
- - - - ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
- 1 Premiums earned (Net) NL-4-Premium Schedule 3728 893 11871 835 2371 507 8981 772
- - - - - - - -
- 2 Profit on sale of Investments (Net) - 484 229 848 684 99 952 266 124
- - - - - - - -
- 3 Profit/-Loss on Exchange Fluctuation - 101 064 156 537 18 391 24 218
- - - - - - - -
- 4 Interest, Dividend & Rent  - Gross - 408 897 1588 209 295 211 1278 670
- - TOTAL (A) - 4723 083 14465 265 2785 061 10550 784
- - - - - - - -
- 1 Claims Incurred (Net) NL-5-Claims Schedule 1269 622 6073 096 5395 630 12643 110
- - - - - - - -
- 2 Commission (Net) NL-6-Commission Schedule 537 402 2355 917 676 169 2531 111
- - - - - - - -
- 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 15 721 74 709 22 472 74 181
- - - - - - - -
- 4 Expenses relating to Investments - 881 3 505 1 001 3 087
- - - - - - - -
- - TOTAL--(B) - 1823 626 8507 227 6095 272 15251 489
- - Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 2899 457 5958 038 -3310 211 -4700 705
- - APPROPRIATIONS - - - - -
- - - - - - - -
- - Transfer to Shareholders’ Account - 2899 457 5958 038 -3310 211 -4700 705
- - Transfer to Catastrophe Reserve - - - - -
- - Transfer to Other Reserves (to be specified) - - - - -
- - TOTAL (C) - 2899 457 5958 038 -3310 211 -4700 705
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.
- - - - - - - -
- - - - - - - -
- LIFE INSURANCE BUSINESS - - - - -
- - PARTICULARS SCHEDULE FOR THE QUARTER TWELVE MONTH ENDING 31.03.2013 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2012
- - - - ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000) ( Rs. IN 000)
- 1 Premiums earned (Net) NL-4-Premium Schedule 90 572 491 145 150 333 407 106
- - - - - - - -
- 2 Profit on sale of Investments (Net) - 6 375 11 172 1 823 4 855
- - - - - - - -
- 3 Profit/-Loss on Exchange Fluctuation - 1 295 1 371 -2 809 -2 363
- - - - - - - -
- 4 Interest, Dividend & Rent  - Gross - 5 383 20 906 5 386 23 328
- - TOTAL (A) - 103 625 524 594 154 733 432 926
- - - - - - - -
- 1 Claims Incurred (Net) NL-5-Claims Schedule 171 741 479 430 119 356 175 423
- - - - - - - -
- 2 Commission (Net) NL-6-Commission Schedule 6 451 16 271 6 673 24 484
- - - - - - - -
- 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 1 933 5 995 1 283 3 521
- - - - - - - -
- 4 Expenses relating to Investments -  11  46 18 56
- - - - - - - -
- - TOTAL--(B) - 180 136 501 742 127 330 203 484
- - Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - -76 511 22 852 27 403 229 442
- - APPROPRIATIONS - - - - -
- - - - - - - -
- - Transfer to Shareholders’ Account - -76 511 22 852 27 403 229 442
- - Transfer to Catastrophe Reserve - - - - -
- - Transfer to Other Reserves (to be specified) - - - - -
- - TOTAL (C) - -76 511 22 852 27 403 229 442
- 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.