FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
  Particulars As at 31.03.2016 As at 31.03.2015
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 29879 607 23767 637
bonds including Treasury Bills    
2 Other Approved Securities 1160 091 1176 068
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity - Indian 95915 057 67162 113
                   Equity - Foreign 7 816 7 816
           (bb)  Preference 11 523 10 510
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 6019 815 5949 488
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  144  131
     (f)  Subsidiaries 734 591  0
     (e)   Associates - Indian  0  0
            Associates - Foreign 721 162 591 162
4 Investments in Infrastructure and Social Sector    
(a) Equity 4586 044 3925 271
(b) Debentures/Bonds 10679 309 10652 956
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 1176 154 820 877
     (b)   Preference 8 508 15 811
     (c)  Debentures /Bond 5886 076 2387 245
     (d)  Venture Funds 512 372 442 519
     (e)  Associate Indian 700 000 700 000
Short Term Investments    
1 Government securities and Government guaranteed  814 669 679 336
bonds including Treasury Bills  0  0
2 Other Approved Securities 111 719 51 725
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference  0  0
     (b)  Mutual Funds 528 523 417 960
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 764 367 559 971
           Debentures /Bond Foreign  0 350 150
     (e) Other Securities  0  0
          Commercial Paper  0  0
     (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 1617 867 958 286
5 Other than Approved Investments  0  0
     (a)   Preference Shares  0  0
     (b) Debentures /Bond  581 788 253 794
     (c)  Mutual Funds  0  0
  TOTAL 162417 202 120880 826
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
  Particulars As at 31.03.2016 As at 31.03.2015
  LONG TERM INVESTMENTS    
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 76964 284 73617 473
bonds including Treasury Bills  0  0
2 Other Approved Securities 2261 170 2838 297
3 Other Investments  0  0
     (a)  Shares  0  0
           (aa)  Equity - Indian 196340 285 236315 830
                   Equity - Foreign  0  0
           (bb)  Preference 26 799 28 390
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 16667 392 14831 640
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  338  356
     (f)  Subsidiaries  0  0
     (e)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
(a) Equity 9371 255 11299 110
(b) Debentures/Bonds 37043 188 26311 716
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 3344 850 2897 813
     (b)   Preference 19 822 20 961
     (c)  Debentures /Bond 5966 353 14502 134
     (d)  Venture Funds 1252 386 1262 383
     (e)  Associate Indian  0  0
Short Term Investments    
1 Government securities and Government guaranteed  6175 978 2007 185
bonds including Treasury Bills  0  0
2 Other Approved Securities 423 779 295 192
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference  0  0
     (b)  Mutual Funds 1931 854 1302 178
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 2356 106 1883 249
           Debentures /Bond Foreign  0  0
     (e) Other Securities  0  0
          Commercial Paper  0  0
     (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 4352 670 3986 106
5 Other than Approved Investments  0  0
     (a)   Preference Shares  0  0
     (b) Debentures /Bond  1538 047 1433 411
     (c)  Mutual Funds  0  0
  TOTAL 366036 556 394833 424
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