FORM NL-12-INVESTMENT SCHEDULE |
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
Investments |
INVESTMENTS - SHAREHOLDERS' FUND |
|
|
|
(` '000) |
|
Particulars |
As at 31.12.2017 |
As at 31.12.2016 |
|
LONG TERM INVESTMENTS |
|
|
1 |
Government securities and Government guaranteed |
44509 383 |
39020 121 |
|
bonds including Treasury Bills |
|
|
2 |
Other Approved Securities |
862 401 |
970 071 |
3 |
Other Investments |
|
|
|
(a) Shares |
0 |
0 |
|
(aa) Equity - Indian |
116406 723 |
107001 779 |
|
Equity - Foreign |
569 499 |
569 499 |
|
(bb) Preference |
746 |
6 190 |
|
(b) Mutual Funds |
0 |
0 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bonds Indian |
7517 369 |
8805 230 |
|
Debentures /Bonds Foreign |
0 |
0 |
|
(e) Other Securities |
0 |
|
|
Guaranteed Equity |
143 |
167 |
|
(f) Subsidiaries |
4520 726 |
1407 144 |
|
(e) Associates - Indian |
0 |
0 |
|
Associates - Foreign |
159 479 |
159 479 |
4 |
Investments in Infrastructure and Social Sector |
|
|
|
(a) Equity |
5127 145 |
5114 168 |
|
(b) Debentures/Bonds |
19800 945 |
20211 917 |
5 |
Other than Approved Investments |
0 |
0 |
|
(a) Equity/Preference/Debentures/Venture Funds |
2361 014 |
1571 112 |
|
(b) Preference |
9 041 |
8 289 |
|
(c) Debentures /Bond |
1424 170 |
2309 697 |
|
(d) Venture Funds |
473 686 |
580 029 |
|
(e) Associate Indian |
700 000 |
700 000 |
|
Short Term Investments |
|
|
1 |
Government securities and Government guaranteed |
1490 866 |
4257 995 |
|
bonds including Treasury Bills |
0 |
0 |
2 |
Other Approved Securities |
128 831 |
199 897 |
3 |
Other Investments |
|
|
|
(a) Shares |
0 |
0 |
|
(aa) Equity |
0 |
0 |
|
(bb) Preference |
7 944 |
7 041 |
|
(b) Mutual Funds |
4313 481 |
1014 447 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bond Indian |
1320 131 |
1050 317 |
|
Debentures /Bond Foreign |
0 |
0 |
|
(e) Other Securities |
0 |
0 |
|
Commercial Paper |
120 123 |
77 138 |
|
(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 |
2193 895 |
2126 289 |
5 |
Other than Approved Investments |
0 |
0 |
|
(a) Preference Shares |
3 711 |
1 494 |
|
(b) Debentures /Bond |
863 930 |
783 410 |
|
(c) Mutual Funds |
0 |
3486 809 |
|
TOTAL |
214885 382 |
201439 729 |
Figures for the previous year have been regrouped where necessary. |
|
|
INVESTMENTS - POLICYHOLDERS' FUND |
|
Particulars |
As at 31.12.2017 |
As at 31.12.2016 |
|
LONG TERM INVESTMENTS |
|
|
|
LONG TERM INVESTMENTS |
|
|
1 |
Government securities and Government guaranteed |
110954 757 |
77771 620 |
|
bonds including Treasury Bills |
0 |
0 |
2 |
Other Approved Securities |
2149 828 |
1933 463 |
3 |
Other Investments |
0 |
0 |
|
(a) Shares |
0 |
0 |
|
(aa) Equity - Indian |
290183 299 |
213266 941 |
|
Equity - Foreign |
0 |
0 |
|
(bb) Preference |
1 860 |
12 338 |
|
(b) Mutual Funds |
0 |
0 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bonds Indian |
18739 597 |
17549 843 |
|
Debentures /Bonds Foreign |
0 |
0 |
|
(e) Other Securities |
|
|
|
Guaranteed Equity |
357 |
333 |
|
(f) Subsidiaries |
0 |
0 |
|
(e) Associates - Indian |
0 |
0 |
|
Associates - Foreign |
0 |
0 |
4 |
Investments in Infrastructure and Social Sector |
|
|
|
(a) Equity |
12781 150 |
10193 128 |
|
(b) Debentures/Bonds |
49360 582 |
40284 692 |
5 |
Other than Approved Investments |
0 |
0 |
|
(a) Equity/Preference/Debentures/Venture Funds |
5885 629 |
3131 408 |
|
(b) Preference |
22 537 |
16 521 |
|
(c) Debentures /Bond |
3550 227 |
4603 493 |
|
(d) Venture Funds |
1180 823 |
1156 066 |
|
(e) Associate Indian |
0 |
0 |
|
Short Term Investments |
|
|
1 |
Government securities and Government guaranteed |
3716 489 |
8486 677 |
|
bonds including Treasury Bills |
0 |
0 |
2 |
Other Approved Securities |
321 154 |
398 418 |
3 |
Other Investments |
|
|
|
(a) Shares |
0 |
0 |
|
(aa) Equity |
0 |
0 |
|
(bb) Preference |
19 803 |
14 033 |
|
(b) Mutual Funds |
10752 817 |
2021 911 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bond Indian |
3290 876 |
2093 404 |
|
Debentures /Bond Foreign |
0 |
0 |
|
(e) Other Securities |
0 |
0 |
|
Commercial Paper |
299 448 |
153 745 |
|
(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 |
5469 029 |
4237 941 |
5 |
Other than Approved Investments |
0 |
0 |
|
(a) Preference Shares |
9 250 |
2 978 |
|
(b) Debentures /Bond |
2153 638 |
1561 428 |
|
(c) Mutual Funds |
0 |
6949 615 |
|
TOTAL |
520843 150 |
395839 996 |
Figures for the previous year have been regrouped where necessary. |
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Notes: |
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(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 |