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      
  PARTICULARS SCHEDULE TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 34412717 31576337
2 Profit on sale of Investments (Net) - 2691304 724455
3 Profit/-Loss on Exchange Fluctuation - 303051 2218
4 Interest, Dividend & Rent - Gross - 5036451 3480854
  TOTAL (A) - 42443523 35783864
- - - - -
1 Claims Incurred (Net) NL-5-Claims Schedule 30063580 52303961
2 Commission (Net) NL-6-Commission Schedule 8194661 7176222
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 357933 350648
4 Expenses relating to Investments - 11116 8403
- TOTAL (B) - 38627290 59839234
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 3816233 -24055370
  APPROPRIATIONS - - -
- Transfer to Shareholders’ Account - 3816233 -24055370
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - 3816233 -24055370
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 TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 86442168 72192080
2 Profit on sale of Investments (Net) - 4140200 1450664
3 Profit/-Loss on Exchange Fluctuation - 803046 82414
4 Interest, Dividend & Rent - Gross - 7747885 6970140
  TOTAL (A) - 99133299 80695298
- - - - -
1 Claims Incurred (Net) NL-5-Claims Schedule 72807268 74741586
2 Commission (Net) NL-6-Commission Schedule 18490653 10934501
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 682795 602158
4 Expenses relating to Investments - 17100 16827
5 Premium Deficiency - -1414674 1414674
  TOTAL (B) - 90583142 87709746
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 8550157 -7014448
  APPROPRIATIONS      
- Transfer to Shareholders’ Account - 8550157 -7014448
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - 8550157 -7014448
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 TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
      (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 11871835 8981772
2 Profit on sale of Investments (Net) - 848684 266124
3 Profit/-Loss on Exchange Fluctuation - 156537 24218
4 Interest, Dividend & Rent - Gross - 1588209 1278670
  TOTAL (A) - 14465265 10550784
- - - - -
1 Claims Incurred (Net) NL-5-Claims Schedule 6073096 12643110
2 Commission (Net) NL-6-Commission Schedule 2355917 2531111
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 74709 74181
4 Expenses relating to Investments - 3505 3087
  TOTAL (B) - 8507227 15251489
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 5958038 -4700705
- APPROPRIATIONS      
- Transfer to Shareholders’ Account - 5958038 -4700705
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
  TOTAL (C) - 5958038 -4700705
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 TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
- - - (Rs. IN 000) (Rs. IN 000)
1 Premiums earned (Net) NL-4-Premium Schedule 491145 407106
2 Profit on sale of Investments (Net) - 11172 4855
3 Profit/-Loss on Exchange Fluctuation - 1371 -2363
4 Interest, Dividend & Rent - Gross - 20906 23328
  TOTAL (A) - 524594 432926
- - - - -
1 Claims Incurred (Net) NL-5-Claims Schedule 479430 175423
2 Commission (Net) NL-6-Commission Schedule 16271 24484
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 5995 3521
4 Expenses relating to Investments - 46 56
  TOTAL (B) - 501742 203484
- Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) - 22852 229442
  APPROPRIATIONS      
- Transfer to Shareholders’ Account - 22852 229442
- Transfer to Catastrophe Reserve - - -
- Transfer to Other Reserves (to be specified) - - -
- TOTAL (C) - 22852 229442
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.