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 31.12.2013
FIRE INSURANCE BUSINESS - - - - ( ` IN 000)
  PARTICULARS SCHEDULE FOR THE QUARTER NINE MONTH ENDING 31.12.2013 FOR THE QUARTER OF THE PRECEDING YEAR NINE MONTH ENDING31.12.2012
1 Premiums earned (Net) NL-4-Premium Schedule 6736258 26136941 7504929 24872075
2 Profit on sale of Investments (Net) . 381099 1517683 550547 1155741
3 Profit/-Loss on Exchange Fluctuation . -42744 801807 -4029 -38083
4 Interest, Dividend & Rent  - Gross . 1291451 4380072 1059233 3739640
. TOTAL (A) . 8366064 32836503 9110680 29729373
1 Claims Incurred (Net) NL-5-Claims Schedule 2331062 25231272 9281601 25502963
2 Commission (Net) NL-6-Commission Schedule 2216201 6756900 1318 782 2415884
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 164949 459732 101844 276429
4 Expenses relating to Investments . 1489 3993 3212 8322
. TOTAL..(B) . 4713701 32451897 11802541 31869838
. Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) . 3652363 384606 -2691861 -2140465
. APPROPRIATIONS . . . . .
. Transfer to Shareholders’ Account . 3652363 384606 -2691861 -2140465
. Transfer to Catastrophe Reserve . . . . .
. Transfer to Other Reserves (to be specified) . . . . .
. TOTAL (C) . 3652363 384606  -2691861 -2140465
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 NINE MONTH ENDING 31.12.2013 FOR THE QUARTER OF THE PRECEDING YEAR NINE MONTH ENDING31.12.2012
1 Premiums earned (Net) NL-4-Premium Schedule 21666744 61324745 20204649 60819470
2 Profit on sale of Investments (Net) . 665237 2649226 857196 1777947
3 Profit/-Loss on Exchange Fluctuation . -70869 1814654 15924 297310
4 Interest, Dividend & Rent  - Gross . 2254322 7645733 1674905 5752920
  TOTAL (A) . 24515434 73434358 22752674 68647647
1 Claims Incurred (Net) NL-5-Claims Schedule 26351898 58961178 17194169 50587451
2 Commission (Net) NL-6-Commission Schedule 4110415 11300532 3923459 11266725
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 334616 729864 188955 510822
4 Expenses relating to Investments . 2600 6970 5028 12803
5 Premium Deficiency .  0 0  0 -1414 674
  TOTAL..(B) . 30799529 70998544 21311611 60963127
. Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) . -6284095 2435814 1441063 7684520
. APPROPRIATIONS . . . . .
. Transfer to Shareholders’ Account . -6284095 2435814 1441063 7684520
. Transfer to Catastrophe Reserve . . . . .
. Transfer to Other Reserves (to be specified) . . . . .
. TOTAL (C) . -6284095 2435814 1441063 7684520
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 NINE MONTH ENDING 31.12.2013 FOR THE QUARTER OF THE PRECEDING YEAR NINE MONTH ENDING31.12.2012
1 Premiums earned (Net) NL-4-Premium Schedule 2803780 8071028 2351650 8138872
2 Profit on sale of Investments (Net) . 106737 425066 173611 364455
3 Profit/-Loss on Exchange Fluctuation . -11664 253349 -6981 55510
4 Interest, Dividend & Rent  - Gross . 361704 1226750 334021 1179269
. TOTAL (A) . 3260557 9976193 2852301 9738106
1 Claims Incurred (Net) NL-5-Claims Schedule 1615151 4081615 1566694 4801457
2 Commission (Net) NL-6-Commission Schedule 546904 1674856 649103 1817408
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 29440 78928 24116 58951
4 Expenses relating to Investments .  417 1118 1012 2624
. TOTAL..(B) . 2191912 5836517 2240925 6680440
. Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) . 1068645 4139676 611376 3057666
. APPROPRIATIONS . . . . .
. Transfer to Shareholders’ Account . 1068645 4139676 611376 3057666
. Transfer to Catastrophe Reserve . . . .
. Transfer to Other Reserves (to be specified) . . . . .
. TOTAL (C) . 1068645 4139676 611376 3057666
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 NINE MONTH ENDING 31.12.2013 FOR THE QUARTER OF THE PRECEDING YEAR NINE MONTH ENDING31.12.2012
1 Premiums earned (Net) NL-4-Premium Schedule 323810 569342 232086 400573
2 Profit on sale of Investments (Net) . 3299 13141 2285 4797
3 Profit/-Loss on Exchange Fluctuation . - 360 8967 - 249 76
4 Interest, Dividend & Rent  - Gross . 11181 37923 4397 15523
. TOTAL (A) . 337930 629373 238519 420969
1 Claims Incurred (Net) NL-5-Claims Schedule 195834 629932 46731 307689
2 Commission (Net) NL-6-Commission Schedule 44807 50549 1033 9820
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule  5597 10628 1702 4062
4 Expenses relating to Investments .  13  35 14 35
. TOTAL..(B) . 246251 691144 49480 321606
. Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) . 91649 -61771 189039 99363
. APPROPRIATIONS . . . . .
. Transfer to Shareholders’ Account . 91649 -61771 189039 99363
. Transfer to Catastrophe Reserve . . . . .
. Transfer to Other Reserves (to be specified) . . . . .
. TOTAL (C) . 916499 -61771 189039 99363
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.