FORM NL-1-B-RA
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
Registration No.
Date of  Registration with the IRDAI : 2nd April, 2001
REVENUE ACCOUNT FOR THE PERIOD ENDED 31.12.2016
FIRE INSURANCE BUSINESS (Rs.. IN 000)
  PARTICULARS SCHEDULE Up to  the quarter ending 31.12.2016 Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 40668 868 32830 934
2 Profit on sale of Investments (Net)   1614 873 1923 714
3 Profit/-Loss on Exchange Fluctuation   392 768 490 377
4 Interest, Dividend & Rent  - Gross   4702 280 4339 634
  TOTAL (A)   47378 789 39584 659
1 Claims Incurred (Net) NL-5-Claims Schedule 34813 889 33646 833
2 Commission (Net) NL-6-Commission Schedule 12586 808 8704 448
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 488 051 500 671
4 Expenses relating to Investments   5 197 4 971
  TOTAL  (B)   47893 945 42856 923
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -515 156 -3272 264
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   -515 156 -3272 264
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   -515 156 -3272 264
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 Up to  the quarter ending 31.12.2016 Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 118836 154 66286 192
2 Profit on sale of Investments (Net)   2768 163 3406 307
3 Profit/-Loss on Exchange Fluctuation   694 077 934 544
4 Interest, Dividend & Rent  - Gross   8060 493 7684 159
  TOTAL (A)   130358 887 78311 202
1 Claims Incurred (Net) NL-5-Claims Schedule 106579 445 54174 948
2 Commission (Net) NL-6-Commission Schedule 25909 249 13977 553
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 1329 348 789 513
4 Expenses relating to Investments 8 909 8 802
5 Premium Deficiency    0  0
  TOTAL  (B)   133826 951 68950 817
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -3468064 9360 385
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   -3468 064 9360 385
  Transfer to Catastrophe Reserve   0 0
  Transfer to Other Reserves (to be specified)    0  0
  TOTAL (C)   -3468 064 9360 385
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 Up to  the quarter ending 31.12.2016 Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 8681 042 7549 824
2 Profit on sale of Investments (Net)   392 073 552 959
3 Profit/-Loss on Exchange Fluctuation   96 114 154 575
4 Interest, Dividend & Rent  - Gross   1141 661 1247 401
  TOTAL (A)   10310 890 9504 759
1 Claims Incurred (Net) NL-5-Claims Schedule 4756 637 3452 357
2 Commission (Net) NL-6-Commission Schedule 957 632 1321 157
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 49 113 63 388
4 Expenses relating to Investments   1 262 1 429
5 Premium Deficiency    0  0
  TOTAL  (B)   5764 644 4838 331
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   4546246 4666428
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   4546 246 4666 428
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   4546 246 4666 428
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 Up to  the quarter ending 31.12.2016 Up to the Quarter of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 1518 820 1509 891
2 Profit on sale of Investments (Net)   15 234 26 677
3 Profit/-Loss on Exchange Fluctuation   4 015 7 295
4 Interest, Dividend & Rent  - Gross   44 359 60 179
  TOTAL (A)   1582 428 1604 042
1 Claims Incurred (Net) NL-5-Claims Schedule 2130 267 1050 442
2 Commission (Net) NL-6-Commission Schedule 28 011 66 810
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 20 599 18 830
4 Expenses relating to Investments    49  69
  TOTAL  (B)   2178 926 1136 151
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -596 498 467 891
  APPROPRIATIONS      
  Transfer to Shareholders’ Account   -596 498 467 891
  Transfer to Catastrophe Reserve      
  Transfer to Other Reserves (to be specified)      
  TOTAL (C)   -596 498 467 891
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.