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  1ST QUARTER ENDED 30.06.2018
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the  Three Months  ending 30.06.2018 Up to  the  Three  Months  ending 30.06.2018 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 22071 713 22071 713 21657 176 21657 176
2 Profit on sale of Investments (Net)   502 685 502 685 682 380 682 380
3 Forex Gain/( Loss)   475 841              475,841 -77 379 -77 379
4 Interest, Dividend & Rent  - Gross   1362 826 1362 826 1607 867 1607 867
  TOTAL (A)   24413 065 24413 065 23870 044 23870 044
1 Claims Incurred (Net) NL-5-Claims Schedule 19830 194 19830 194 16872 779 16872 779
2 Commission (Net) NL-6-Commission Schedule 5017 900 5017 900 5803 253 5803 253
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 97 530 97 530 101 193 101 193
4 Expenses relating to Investments   1 298 1 298 1 203 1 203
  TOTAL  (B)   24946 922 24946 922 22778 428 22778 428
             
  Operating Profit/(Loss) from Fire Business C= (A - B)   -533 857 -533 857 1091 616 1091 616
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -533 857 -533 857 1091 616 1091 616
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -533 857 -533 857 1091 616 1091 616
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 30.06.2018 Up to  the  Three  Months  ending 30.06.2018 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 118389 974 118389 974 101735 425 101735 425
2 Profit on sale of Investments (Net)   1603 783 1603 783 1579 805 1579 805
3 Forex Gain/( Loss)   1504 256           1,504,256 -136 828 -136 828
4 Interest, Dividend & Rent  - Gross   4348 005 4348 005 3722 434 3722 434
  TOTAL (A)   125846 018 125846 018 106900 836 106900 836
1 Claims Incurred (Net) NL-5-Claims Schedule 104542 671 104542 671 89494 893 89494 893
2 Commission (Net) NL-6-Commission Schedule 13720 991 13720 991 19045 196 19045 196
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 461 412 461 412 411 007 411 007
4 Expenses relating to Investments 4 141 4 141 2 784 2 784
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   118729 215 118729 215 108953 880 108953 880
             
  Operating Profit/(Loss) from  Miscellaneous Business C= (A - B)         7,116,803           7,116,803 -2053 044 -2053 044
  APPROPRIATIONS        
  Transfer to Shareholders’ Account         7,116,803           7,116,803 -2053 044 -2053 044
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)        
  TOTAL (C)         7,116,803           7,116,803 -2053 044 -2053 044
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 30.06.2018 Up to  the  Three  Months  ending 30.06.2018 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 4239 138 4239 138 3587 922 3587 922
2 Profit on sale of Investments (Net)   88 353 88 353 144 023 144 023
3 Forex Gain/( Loss)   82 874                82,874 -12 448 -12 448
4 Interest, Dividend & Rent  - Gross   239 533 239 533 339 356 339 356
  TOTAL (A)   4649 898 4649 898 4058 853 4058 853
1 Claims Incurred (Net) NL-5-Claims Schedule 3204 213 3204 213 154 492 154 492
2 Commission (Net) NL-6-Commission Schedule 629 170 629 170 1650 096 1650 096
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 13 223 13 223 12 551 12 551
4 Expenses relating to Investments    228  228  254  254
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   3846 834 3846 834 1817 393 1817 393
             
  Operating Profit/(Loss) from Marine Business C= (A - B)   803064 803064 2241460 2241460
  APPROPRIATIONS        
  Transfer to Shareholders’ Account   803 064 803 064 2241 460 2241 460
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   803 064 803 064 2241 460 2241 460
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 30.06.2018 Up to  the  Three  Months  ending 30.06.2018 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 1141 890 1141 890 795 962 795 962
2 Profit on sale of Investments (Net)   15 293 15 293 16 078 16 078
3 Forex Gain/( Loss)   14 346                14,346 -1 394 -1 394
4 Interest, Dividend & Rent  - Gross   41 461 41 461 37 884 37 884
  TOTAL (A)   1212 990 1212 990 848 530 848 530
1 Claims Incurred (Net) NL-5-Claims Schedule 1265 001 1265 001 554 819 554 819
2 Commission (Net) NL-6-Commission Schedule 7 002 7 002 28 509 28 509
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 4 082 4 082 4 322 4 322
4 Expenses relating to Investments    40  40  28  28
5 Premium Deficiency   90 385 90 385  0  0
  TOTAL  (B)   1366 510 1366 510 587 678 587 678
             
  Operating Profit/(Loss) from Life  Business C= (A - B)   -153 520 -153 520          260,852          260,852
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -153 520 -153 520          260,852          260,852
  Transfer to Catastrophe Reserve        
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -153 520 -153 520          260,852          260,852
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.