FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(Rs. '000)
  Particulars As at 31.12.2016 As at 31.12.2015
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 39020 121 37652 805
bonds including Treasury Bills    
2 Other Approved Securities 970 071 1146 672
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity - Indian 107001 779 100193 352
                   Equity - Foreign 569 499 7 816
           (bb)  Preference 6 190 12 917
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 8805 230 5998 914
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  167  162
     (f)  Subsidiaries 1407 144 734 591
     (e)   Associates - Indian  0  0
            Associates - Foreign 159 479 721 162
4 Investments in Infrastructure and Social Sector    
(a) Equity 5114 168 4773 725
(b) Debentures/Bonds 20211 917 10622 636
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 1571 112 1475 200
     (b)   Preference 8 289 9 548
     (c)  Debentures /Bond 2309 696 11000 795
     (d)  Venture Funds 580 029 626 476
     (e)  Associate Indian 700 000 700 000
Short Term Investments    
1 Government securities and Government guaranteed  4257 994 918 854
bonds including Treasury Bills  0  0
2 Other Approved Securities 199 897 178 089
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference 7 041  0
     (b)  Mutual Funds 1014 446 1701 945
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 1050 317 1053 001
           Debentures /Bond Foreign  0  0
     (e) Other Securities  0  0
          Commercial Paper 77 138  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 2126 290 2130 291
5 Other than Approved Investments  0  0
     (a)   Preference Shares 1 494  0
     (b) Debentures /Bond  783 411 986 533
     (c)  Mutual Funds 3486 810 407 345
  TOTAL 201439 729 183052 829
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
  Particulars As at 31.12.2016 As at 31.12.2015
  LONG TERM INVESTMENTS    
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 77771 620 78237 638
bonds including Treasury Bills  0  0
2 Other Approved Securities 1933 463 2382 635
3 Other Investments  0  0
     (a)  Shares  0  0
           (aa)  Equity - Indian 213266 941 208188 772
                   Equity - Foreign  0  0
           (bb)  Preference 12 338 26 840
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 17549 841 12464 963
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  333  338
     (f)  Subsidiaries  0  0
     (e)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
(a) Equity 10193 128 9919 181
(b) Debentures/Bonds 40284 691 22072 460
5 Other than Approved Investments  0  0
     (a)   Equity/Preference/Debentures/Venture Funds 3131 408 3065 273
     (b)   Preference 16 521 19 840
     (c)  Debentures /Bond 4603 493 22858 223
     (d)  Venture Funds 1156 066 1301 738
     (e)  Associate Indian  0  0
Short Term Investments    
1 Government securities and Government guaranteed  8486 677 1909 260
bonds including Treasury Bills  0  0
2 Other Approved Securities 398 418 370 046
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference 14 033  0
     (b)  Mutual Funds 2021 911 3536 423
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 2093 405 2187 998
           Debentures /Bond Foreign  0  0
     (e) Other Securities  0  0
          Commercial Paper 153 745  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 4237 943 4426 466
5 Other than Approved Investments  0  0
     (a)   Preference Shares 2 978  0
     (b) Debentures /Bond  1561 428 2049 887
     (c)  Mutual Funds 6949 615 846 408
  TOTAL 395839 996 375864 389
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