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 30.09.2017
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the  Three Months  ending 30.09.2017 Up to  the  Three Months  ending 30.09.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 10915 773 32572 949 12574 948 27584 825
2 Profit on sale of Investments (Net)   444 273 1126 653 581 203 960 637
3 Profit/-Loss on Exchange Fluctuation   142 472 65,093 -54 246 155 018
4 Interest, Dividend & Rent  - Gross   2041 214 3649 081 2015 717 3370 261
           
  TOTAL (A)   13543 732 37413 776 15117 622 32070 741
1 Claims Incurred (Net) NL-5-Claims Schedule 17413 100 34285 878 13241 742 24514 837
2 Commission (Net) NL-6-Commission Schedule 3265 677 9068 930 4200 285 7760 983
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 118 472 219 665 145 868 348 685
4 Expenses relating to Investments   1 845 3 049 1 977 3 193
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   20799 094 43577 522 17589 872 32627 698
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -7255 362 -6163 746 -2472 250 -556 957
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -7255 362 -6163 746 -2472 250 -556 957
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -7255 362 -6163 746 -2472 250 -556 957
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  Three Months  ending 30.09.2017 Up to  the  Three Months  ending 30.09.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 83737 934 185473 359 52207 576 78435 761
2 Profit on sale of Investments (Net)   1262 728 2842 533 996 279 1646 692
3 Profit/-Loss on Exchange Fluctuation   296 254 159,425 -80 229 277 019
4 Interest, Dividend & Rent  - Gross   5484 158 9206 592 3455 277 5777 191
  TOTAL (A)   90781 074 197681 909 56578 903 86136 663
1 Claims Incurred (Net) NL-5-Claims Schedule 61798 316 151293 209 41143 224 62076 602
2 Commission (Net) NL-6-Commission Schedule 7675 027 26720 224 11064 212 16550 094
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 358 674 769 681 651 633 938 244
4 Expenses relating to Investments 4 907 7 691 3 388 5 472
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   69836 924 178790 805 52862 457 79570 412
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   20,944,150 18,891,104 3716 446 6,566,251
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   20,944,150 18,891,104 3716 446 6566 251
  Transfer to Catastrophe Reserve     0   0
  Transfer to Other Reserves (to be specified)      0    0
  TOTAL (C)       20,944,150 TOTAL (B) 3716 446 6566 251
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  Three Months  ending 30.09.2017 Up to  the  Three Months  ending 30.09.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 1324 472 4912 394 1565 473 6200 769
2 Profit on sale of Investments (Net)   42 940 186 963 141 110 233 232
3 Profit/-Loss on Exchange Fluctuation   22 971 10,523 -11 734 38 873
4 Interest, Dividend & Rent  - Gross   266 191 605 547 489 394 818 262
  TOTAL (A)   1656 574 5715 427 2184 243 7291 136
1 Claims Incurred (Net) NL-5-Claims Schedule -1199 656 -1045 164 1903 774 3261 200
2 Commission (Net) NL-6-Commission Schedule -173 309 1476 786 319 292 1023 088
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 12 433 24 985 11 612 38 435
4 Expenses relating to Investments    252  506  480  775
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   -1360 280 457 113 2235 158 4323 498
           
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   3016 854 5258 314 -50 915 2967638
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   3016 854 5258 314 -50 915 2967 638
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   3016 854 5258 314 -50 915 2967 638
Note -1 The above profit includes prior period item (Net)-:   1,757,330    0
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  Three Months  ending 30.09.2017 Up to  the  Three Months  ending 30.09.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 1095 706 1891 667 256 539 327 917
2 Profit on sale of Investments (Net)   14 068 30 145 5 483 9 062
3 Profit/-Loss on Exchange Fluctuation   3 085                  1,691 - 432 1 534
4 Interest, Dividend & Rent  - Gross   59 754 97 638 19 015 31 793
  TOTAL (A)   1172 613 2021 141 280 605 370 306
1 Claims Incurred (Net) NL-5-Claims Schedule 774 646 1329 465 467 473 1215 009
2 Commission (Net) NL-6-Commission Schedule -11 962 16 547 -12 823 16 854
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 5 111 9 433 5 186 14 689
4 Expenses relating to Investments    54  81  19  30
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   767 849 1355 526 459 855 1246 582
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   404 764 665 615 (179 250) (876,276)
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   404 764 665 615 (179 250) (876 276)
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   404 764 665 615 (179 250) (876 276)