FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
Sr. No. Particulars As at 31.12.2014 As at 31.12.2013
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 28773 178 23582 888
  bonds including Treasury Bills    
2 Other Approved Securities 1183 284 1196 155
3 Other Investments    
       (a)  Shares  0  0
             (aa)  Equity - Indian 94839 353 61702 866
                     Equity - Foreign 7 816 7 816
             (bb)  Preference 11 523 11 182
       (b)  Mutual Funds  0  0
       (c)  Derivative Instruments  0  0
       (d)  Debentures /Bonds Indian 6139 763 5980 083
             Debentures /Bonds Foreign  0  0
       (e) Other Securities    
            Guaranteed  Equity  144  131
       (f)  Subsidiaries  0  0
       (e)   Associates - Indian  0  0
              Associates - Foreign 591 162 591 162
4 Investments in Infrastructure and Social Sector    
  (a) Equity 4888 378 4146 638
  (b) Debentures/Bonds 11275 992 10666 637
5 Other than Approved Investments  0  0
       (a)   Equity/Preference/Debentures/Venture Funds 1125 276 1098 012
       (b)   Preference 8 515 18 528
       (c)  Debentures /Bond 5020 457 2037 056
       (d)  Venture Funds 520 634 414 013
       (e)  Associate Indian 700 000 700 000
  Short Term Investments    
1 Government securities and Government guaranteed  829 823 693 831
  bonds including Treasury Bills  0  0
2 Other Approved Securities 124 762 38 341
3 Other Investments    
       (a)  Shares  0  0
             (aa)  Equity   0  0
             (bb)  Preference  0  0
       (b)  Mutual Funds 1189 470 787 468
       (c)  Derivative Instruments  0  0
       (d) Debentures /Bond Indian 678 170 625 748
             Debentures /Bond Foreign  0  0
       (e) Other Securities  0  0
            Commercial Paper  0 51 030
       (f)  Subsidiaries  0  0
       (g)   Associates - Indian  0  0
              Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector  0  0
       (a)  Debentures /Bond 1369 757 1045 895
5 Other than Approved Investments  0  0
       (a)   Preference Shares  0  0
       (b) Debentures /Bond  452 665 267 955
       (c)  Mutual Funds 1445 122  0
  TOTAL 161175 244 115663 435
Figures for the previous year have been regrouped where necessary.
 
INVESTMENTS - POLICYHOLDERS' FUND
Sr. No. Particulars As at 31.12.2014 As at 31.12.2013
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 70891 450 66393 792
bonds including Treasury Bills  0  0
2 Other Approved Securities 2915 380 3367 581
3 Other Investments  0  0
     (a)  Shares  0  0
           (aa)  Equity - Indian 233665 508 173714 403
                   Equity - Foreign  0  0
           (bb)  Preference 28 390 31 480
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 15127 164 16835 953
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  356  369
     (f)  Subsidiaries  0  0
     (e)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
(a) Equity 12044 002 11674 187
(b) Debentures/Bonds 27781 826 30030 186
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 2772 460 3091 273
     (b)   Preference 20 980 52 163
     (c)  Debentures /Bond 12369 418 5735 000
     (d)  Venture Funds 1282 741 1165 587
     (e)  Associate Indian  0  0
Short Term Investments    
1 Government securities and Government guaranteed  2044 521 1953 368
bonds including Treasury Bills  0  0
2 Other Approved Securities 307 389 107 944
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference  0  0
     (b)  Mutual Funds 2930 619 2216 989
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 1670 877 1761 692
           Debentures /Bond Foreign  0  0
     (e) Other Securities  0  0
          Commercial Paper  0 143 666
     (f)  Subsidiaries  0  0
     (g)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector  0  0
     (a)  Debentures /Bond 3374 812 2944 548
5 Other than Approved Investments  0  0
     (a)   Preference Shares  0  0
     (b) Debentures /Bond  1115 277 754 385
     (c)  Mutual Funds 3560 495  0
  TOTAL 393903 665 321974 566
Figures for the previous year have been regrouped where necessary.
Notes:
(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956:
(ii)        Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
(i)             Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
(ii)           Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
(iii)          Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies.  Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information. Significant influence may be gained by share ownership, statute or agreement.  As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case.  Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated.  
A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b)        Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed.
(c)        Investments made out of Catastrophe reserve should be shown separately.
(d)        Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e)            Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f)             Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments