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 31.03.2015
 FIRE INSURANCE BUSINESS
Sr No.
PARTICULARS SCHEDULE TWELVE MONTH ENDING 31.03.2015 TWELVE MONTH ENDING 31.03.2014
1 Premiums earned (Net) NL-4-Premium Schedule 39687 111 36530 102
2 Profit on sale of Investments (Net)   4635 672 2661 786
3 Profit/-Loss on Exchange Fluctuation   -206 797 655 389
4 Interest, Dividend & Rent  - Gross   6214 343 5810 184
  TOTAL (A)   50330 329 45657 461
1 Claims Incurred (Net) NL-5-Claims Schedule 26538 919 37356 711
2 Commission (Net) NL-6-Commission Schedule 9658 600 7405 659
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 544 148 649 825
4 Expenses relating to Investments   8 238 6 101
  TOTAL  (B)   36749 905 45418 296
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   13580 424 239 165
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   13580 424 239 165
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   13580 424 239 165
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
Sr No. PARTICULARS SCHEDULE For the year ended 31 March 2015 For the year ended 31 March 2014
1 Premiums earned (Net) NL-4-Premium Schedule 85256 515 88229 897
2 Profit on sale of Investments (Net)   7203 607 4646 339
3 Profit/-Loss on Exchange Fluctuation   -317 788 1509 423
4 Interest, Dividend & Rent  - Gross   9656 784 10142 096
  TOTAL (A)   101799 118 104527 755
1 Claims Incurred (Net) NL-5-Claims Schedule 81526 948 77092 513
2 Commission (Net) NL-6-Commission Schedule 16123 033 15004 013
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 947 232 1017 156
4 Expenses relating to Investments 12 802 10 650
5 Premium Deficiency    0  0
  TOTAL  (B)   98610 015 93124 332
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   3189 103 11403 423
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   3189 103 11403 423
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   3189 103 11403 423
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
Sr No. PARTICULARS SCHEDULE For the year ended 31 March 2015 For the year ended 31 March 2014
1 Premiums earned (Net) NL-4-Premium Schedule 9334 589 10268 145
2 Profit on sale of Investments (Net)   1042 955 745 500
3 Profit/-Loss on Exchange Fluctuation   -57 147 212 944
4 Interest, Dividend & Rent  - Gross   1398 132 1627 289
  TOTAL (A)   11718 529 12853 878
1 Claims Incurred (Net) NL-5-Claims Schedule 9919 185 5621 278
2 Commission (Net) NL-6-Commission Schedule 1983 459 2027 542
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 86 927 100 851
4 Expenses relating to Investments   1 853 1 709
5 Premium Deficiency   584 596  0
  TOTAL  (B)   12576 020 7751 380
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -857 491 5102 498
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   -857 491 5102 498
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   -857 491 5102 498
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
Sr No. PARTICULARS SCHEDULE For the year ended 31 March 2015 For the year ended 31 March 2014
1 Premiums earned (Net) NL-4-Premium Schedule 1304 308 1059 988
2 Profit on sale of Investments (Net)   51 120 23 046
3 Profit/-Loss on Exchange Fluctuation   -2 588 7 728
4 Interest, Dividend & Rent  - Gross   68 529 50 305
  TOTAL (A)   1421 369 1141 067
1 Claims Incurred (Net) NL-5-Claims Schedule 932 666 1002 440
2 Commission (Net) NL-6-Commission Schedule 77 432 52 652
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 16 049 15 054
4 Expenses relating to Investments    91  53
  TOTAL  (B)   1026 238 1070 199
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   395 131 70 868
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   395 131 70 868
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   395 131 70 868
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.