FORM NL-1-B-RA
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Registration No.  112
Date of  Registration with the IRDAI : 2nd April, 2001
REVENUE ACCOUNT FOR THE PERIOD ENDED 30.06.2016
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the quarter ending 30.06.2016 Up to  the quarter ending 30.06.2016 For the corresponding quarter of the preceeding year  Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 15009 877 15009 877 11493 229 11493 229
2 Profit on sale of Investments (Net)   379 434 379 433 208 855 208 855
3 Profit/-Loss on Exchange Fluctuation   209 264 209 264 164 512 164 512
4 Interest, Dividend & Rent  - Gross   1354 544 1354 544 1262 165 1262 165
  TOTAL (A)   16953 119 16953 118 13128 760 13128 761
1 Claims Incurred (Net) NL-5-Claims Schedule 11273 095 11273 095 8632 741 8632 741
2 Commission (Net) NL-6-Commission Schedule 3560 698 3560 698 2720 376 2720 376
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 202 817 202 817 149 539 149 539
4 Expenses relating to Investments   1216 1216 1269 1269
  TOTAL  (B)   15037 826 15037 826 11503 925 11503 925
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   1915 293 1915 292 1624 835 1624 836
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   1915 293 1915 292 1624 835 1624 836
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   1915 293 1915 292 1624 835 1624 836
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 ending 30.06.2016 Up to  the quarter ending 30.06.2016 For the corresponding quarter of the preceeding year  Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 26228 185 26228 185 21019 838 21019 838
2 Profit on sale of Investments (Net)   650 413 650 413 369 818 369 818
3 Profit/-Loss on Exchange Fluctuation   357 248 357 248 323 524 323 524
4 Interest, Dividend & Rent  - Gross   2321 914 2321 914 2234 906 2234 906
  TOTAL (A)   29557 760 29557 760 23948 086 23948 086
1 Claims Incurred (Net) NL-5-Claims Schedule 20933 378 20933 378 18216 992 18216 992
2 Commission (Net) NL-6-Commission Schedule 5485 882 5485 882 4664 524 4664 524
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 286 611 286 611 194 836 194 836
4 Expenses relating to Investments 2 085 2 085 2 247 2 247
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   26707 956 26707 956 23078 600 23078 600
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   2849 804 2849 804 869 486 869 486
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   2849 804 2849 804 869 486 869 486
  Transfer to Catastrophe Reserve    0    0
  Transfer to Other Reserves (to be specified)   0   0
  TOTAL (C)   2849 804 2849 804 869 486 869 486
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 ending 30.06.2016 Up to  the quarter ending 30.06.2016 For the corresponding quarter of the preceeding year  Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 4635 296 4635 296 2561 219 2561 219
2 Profit on sale of Investments (Net)   92 122 92 122 60 033 60 033
3 Profit/-Loss on Exchange Fluctuation   50 607 50 607 55 116 55 116
4 Interest, Dividend & Rent  - Gross   328 868 328 868 362 802 362 802
  TOTAL (A)   5106 894 5106 894 3039 171 3039 171
1 Claims Incurred (Net) NL-5-Claims Schedule 1357 426 1357 426 1897 323 1897 323
2 Commission (Net) NL-6-Commission Schedule 703 796 703 796 529 875 529 875
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 26 823 26 823 19 258 19 258
4 Expenses relating to Investments    295  295  365  365
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   2088 340 2088 340 2446 821 2446 821
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   3018 554 3018 554 592 350 592 350
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   3018 554 3018 554 592 350 592 350
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   3018 554 3018 554 592 350 592 350
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 ending 30.06.2016 Up to the quarter ending 30.06.2016 For the corresponding quarter of the preceeding year Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 71 378 71 378 474 807 474 807
2 Profit on sale of Investments (Net)   3 579 3 579 2 896 2 896
3 Profit/-Loss on Exchange Fluctuation   1 965 1 965 2 534 2 534
4 Interest, Dividend & Rent  - Gross   12 778 12 778 17 503 17 503
  TOTAL (A)   89 700 89 700 497 740 497 740
1 Claims Incurred (Net) NL-5-Claims Schedule 747 536 747 536 181 619 181 619
2 Commission (Net) NL-6-Commission Schedule 29 677 29 677 51 829 51 829
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 9 503 9 503 4 117 4 117
4 Expenses relating to Investments    11  11  18  18
  TOTAL  (B)   786 727 786 727 237 583 237 583
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -697 027 -697 027 260 157 260 157
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -697 027 -697 027 260 157 260 157
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -697 027 -697 027 260 157 260 157
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 Life Insurance Business have been fully debited in the Life Insurance Revenue Accounts as expenses.