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 31.03.2014
FIRE INSURANCE BUSINESS ( ` IN 000)

PARTICULARS SCHEDULE FOR THE QUARTER TWELVE MONTH ENDING 31.03.2014 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2013
1.00 Premiums earned (Net) NL-4-Premium Schedule 10393 161 36530 102 9531 883 34412 717
2.00 Profit on sale of Investments (Net)
1144 103 2661 786 1535 563 2691 304
3.00 Profit/-Loss on Exchange Fluctuation
-146 418 655 389 341 220 303 051
4 Interest, Dividend & Rent - Gross
1430 112 5810 184 1296 674 5036 451

TOTAL (A)
12820 958 45657 461 12705 340 42443 523
1.00 Claims Incurred (Net) NL-5-Claims Schedule 12125 439 37356 711 4554 385 30063 580
2.00 Commission (Net) NL-6-Commission Schedule 648 759 7405 659 2110 112 8194 661
3.00 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 190 093 649 825 81 364 357 933
4.00 Expenses relating to Investments
2 108 6 101 2 794 11 116

TOTAL  (B)
12966 399 45418 296 6748 655 38627 290








Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
-145 441 239 165 5956 685 3816 233

APPROPRIATIONS





Transfer to Shareholders’ Account
-145 441 239 165 5956 685 3816 233

Transfer to Catastrophe Reserve





Transfer to Other Reserves (to be specified)





TOTAL (C)
-145 441 239 165 5956 685 3816 233
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 31.03.2014 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2013
1.00 Premiums earned (Net) NL-4-Premium Schedule 26905 152 88229 897 25613 045 86442 168
2.00 Profit on sale of Investments (Net)
1997 113 4646 339 2362 252 4140 200
3.00 Profit/-Loss on Exchange Fluctuation
-305 231 1509 423 505 768 803 046
4.00 Interest, Dividend & Rent - Gross
2496 363 10142 096 1994 755 7747 885

TOTAL (A)
31093 397 104527 755 30475 820 99133 299
1.00 Claims Incurred (Net) NL-5-Claims Schedule 18131 335 77092 513 22211 790 72807 268
2.00 Commission (Net) NL-6-Commission Schedule 3703 481 15004 013 7221 942 18490 653
3.00 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 287 292 1017 156 171 850 682 795
4.00 Expenses relating to Investments
3 680 10 650 4 297 17 100
5.00 Premium Deficiency
0 0 0 -1414 674

TOTAL  (B)
22125 788 93124 332 29609 879 90583 142

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
8967 609 11403 423 865 941 8550 157

APPROPRIATIONS





Transfer to Shareholders’ Account
8967 609 11403 423 865 941 8550 157

Transfer to Catastrophe Reserve





Transfer to Other Reserves (to be specified)





TOTAL (C)
8967 609 11403 423 865 941 8550 157
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 31.03.2014 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2013
1.00 Premiums earned (Net) NL-4-Premium Schedule 2197 117 10268 145 3728 893 11871 835
2.00 Profit on sale of Investments (Net)
320 434 745 500 484 229 848 684
3.00 Profit/-Loss on Exchange Fluctuation
-40 405 212 944 101 064 156 537
4 Interest, Dividend & Rent - Gross
400 539 1627 289 408 897 1588 209

TOTAL (A)
2877 685 12853 878 4723 083 14465 265
1.00 Claims Incurred (Net) NL-5-Claims Schedule 1539 663 5621 278 1269 622 6073 096
2.00 Commission (Net) NL-6-Commission Schedule 352 686 2027 542 537 402 2355 917
3.00 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 21 923 100 851 15 721 74 709
4.00 Expenses relating to Investments
591 1 709 881 3 505

TOTAL  (B)
1914 863 7751 380 1823 626 8507 227

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
962 822 5102 498 2899 457 5958 038

APPROPRIATIONS





Transfer to Shareholders’ Account
962 822 5102 498 2899 457 5958 038

Transfer to Catastrophe Reserve





Transfer to Other Reserves (to be specified)





TOTAL (C)
962 822 5102 498 2899 457 5958 038
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 31.03.2014 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2013
1.00 Premiums earned (Net) NL-4-Premium Schedule 490 646 1059 988 90 572 491 145
2.00 Profit on sale of Investments (Net)
9 905 23 046 6 375 11 172
3.00 Profit/-Loss on Exchange Fluctuation
-1 239 7 728 1 295 1 371
4 Interest, Dividend & Rent - Gross
12 382 50 305 5 383 20 906

TOTAL (A)
511 694 1141 067 103 625 524 594
1.00 Claims Incurred (Net) NL-5-Claims Schedule 372 508 1002 440 171 741 479 430
2.00 Commission (Net) NL-6-Commission Schedule 2 103 52 652 6 451 16 271
3.00 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 4 426 15 054 1 933 5 995
4.00 Expenses relating to Investments
18 53 11 46

TOTAL  (B)
379 055 1070 199 180 136 501 742

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
132 639 70 868 -76 511 22 852

APPROPRIATIONS





Transfer to Shareholders’ Account
132 639 70 868 -76 511 22 852

Transfer to Catastrophe Reserve





Transfer to Other Reserves (to be specified)





TOTAL (C)
132 639 70 868 -76 511 22 852