FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
  Particulars As at 31.03.2018 As at 31.03.2017
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 48598 039 41648 993
bonds including Treasury Bills
2 Other Approved Securities 775 821 894 200
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity - Indian 107704 248 118232 649
                   Equity - Foreign 569 499 569 499
           (bb)  Preference 755 6 190
     (b)  Mutual Funds 0 0
     (c)  Derivative Instruments 0 0
     (d)  Debentures /Bonds Indian 7497 394 8950 098
           Debentures /Bonds Foreign 0 0
     (e) Other Securities 0
          Guaranteed  Equity 145 167
     (f)  Subsidiaries 4520 726 1407 143
     (e)   Associates - Indian 0 0
            Associates - Foreign 159 479 159 479
4 Investments in Infrastructure and Social Sector
(a) Equity 4329 660 5535 338
(b) Debentures/Bonds 21357 402 21792 462
5 Other than Approved Investments 0 0
     (a)   Equity/Preference/Debentures/Venture Funds 1970 205 2012 211
     (b)   Preference 9 072 8 274
     (c)  Debentures /Bond 1450 687 2322 831
     (d)  Venture Funds 439 397 582 832
     (e)  Associate Indian 700 000 700 000
Short Term Investments
1 Government securities and Government guaranteed  1952 180 2368 531
bonds including Treasury Bills 0 0
2 Other Approved Securities 153 524 235 629
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity  0 0
           (bb)  Preference 5 356 7 041
     (b)  Mutual Funds 5086 190 6453 440
     (c)  Derivative Instruments 0 0
     (d) Debentures /Bond Indian 1481 757 1167 032
           Debentures /Bond Foreign 0 0
     (e) Other Securities 0 0
          Commercial Paper 190 070 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 2730 679 2287 382
5 Other than Approved Investments 0 0
     (a)   Preference Shares 3 815 1 500
     (b) Debentures /Bond  775 576 781 295
     (c)  Mutual Funds 0 0
  TOTAL 212461 676 218201 354
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
  Particulars As at 31.03.2018 As at 31.03.2017
  LONG TERM INVESTMENTS    
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 119253 384 83011 267
bonds including Treasury Bills 0 0
2 Other Approved Securities 1903 766 1782 244
3 Other Investments 0 0
     (a)  Shares 0 0
           (aa)  Equity - Indian 264292 471 235651 364
                   Equity - Foreign 0 0
           (bb)  Preference 1 852 12 338
     (b)  Mutual Funds 0 0
     (c)  Derivative Instruments 0 0
     (d)  Debentures /Bonds Indian 18397 648 17838 583
           Debentures /Bonds Foreign 0 0
     (e) Other Securities
          Guaranteed  Equity 355 333
     (f)  Subsidiaries 0 0
     (e)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector
(a) Equity 10624 434 11032 571
(b) Debentures/Bonds 52408 338 43434 900
5 Other than Approved Investments 0 0
     (a)   Equity/Preference/Debentures/Venture Funds 4834 631 4010 569
     (b)   Preference 22 262 16 492
     (c)  Debentures /Bond 3559 801 4629 672
     (d)  Venture Funds 1078 224 1161 651
     (e)  Associate Indian 0 0
Short Term Investments
1 Government securities and Government guaranteed  4790 402 4720 757
bonds including Treasury Bills 0 0
2 Other Approved Securities 376 728 469 636
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity  0 0
           (bb)  Preference 13 142 14 033
     (b)  Mutual Funds 12480 860 12862 453
     (c)  Derivative Instruments 0 0
     (d) Debentures /Bond Indian 3636 041 2326 030
           Debentures /Bond Foreign 0 0
     (e) Other Securities 0 0
          Commercial Paper 466 408 153 745
     (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 6700 737 4559 018
5 Other than Approved Investments 0 0
     (a)   Preference Shares 9 362 2 989
     (b) Debentures /Bond  1903 164 1557 212
     (c)  Mutual Funds 0 0
  TOTAL 506754 010 429247 857
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