FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
  Particulars As at 30.06.2018 As at 30.06.2017
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 50231 659 39804 216
bonds including Treasury Bills    
2 Other Approved Securities 661 326 787 537
3 Other Investments    
     (a)  Shares    
           (aa)  Equity - Indian 98833 837 114189 181
                   Equity - Foreign 569 499 569 499
           (bb)  Preference  598 5 577
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 6693 197 7551 155
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  131  151
     (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 3725 676 4582 309
(b) Debentures/Bonds 20799 650 20008 815
5 Other than Approved Investments    
     (a)   Equity/Preference/Debentures/Venture Funds 1663 955 1821 615
     (b)   Preference 8 203 12 065
     (c)  Debentures /Bond 1294 298 1925 639
     (d)  Venture Funds 385 736 518 965
     (e)  Associate Indian 700 000 700 000
Short Term Investments    
1 Government securities and Government guaranteed  1248 928 2806 940
bonds including Treasury Bills    
2 Other Approved Securities 163 817 212 241
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity   0  0
           (bb)  Preference 2 423 6 343
     (b)  Mutual Funds 5824 211 6845 699
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 1129 877 1517 722
           Debentures /Bond Foreign  0  0
     (e) Other Securities    
          Commercial Paper 62 069 195 787
     (f)  Subsidiaries  0  0
     (g)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
     (a)  Debentures /Bond 2612 153 2257 863
5 Other than Approved Investments    
     (a)   Preference Shares 3 452 1 357
     (b) Debentures /Bond  624 711 734 256
     (c)  Mutual Funds  0  0
  TOTAL 201919 611 208621 555
 2  2
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
  Particulars As at 30.06.2018 As at 30.06.2017
  LONG TERM INVESTMENTS    
  LONG TERM INVESTMENTS    
1 Government securities and Government guaranteed 141492 232 92435 703
bonds including Treasury Bills    
2 Other Approved Securities 1862 819 1828 866
3 Other Investments    
     (a)  Shares  0  0
           (aa)  Equity - Indian 278394 549 265176 868
                   Equity - Foreign  0  0
           (bb)  Preference 1 683 12 951
     (b)  Mutual Funds  0  0
     (c)  Derivative Instruments  0  0
     (d)  Debentures /Bonds Indian 18853 356 17535 739
           Debentures /Bonds Foreign  0  0
     (e) Other Securities    
          Guaranteed  Equity  369  350
     (f)  Subsidiaries  0  0
     (e)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
(a) Equity 10494 461 10641 308
(b) Debentures/Bonds 58588 327 46465 654
5 Other than Approved Investments    
     (a)   Equity/Preference/Debentures/Venture Funds 4687 017 4230 261
     (b)   Preference 23 105 28 019
     (c)  Debentures /Bond 3645 772 4471 833
     (d)  Venture Funds 1086 538 1205 172
     (e)  Associate Indian  0  0
Short Term Investments    
1 Government securities and Government guaranteed  3517 973 6518 443
bonds including Treasury Bills    
2 Other Approved Securities 461 438 492 879
3 Other Investments    
     (a)  Shares    
           (aa)  Equity   0  0
           (bb)  Preference 6 826 14 731
     (b)  Mutual Funds 16405 603 15897 486
     (c)  Derivative Instruments  0  0
     (d) Debentures /Bond Indian 3182 631 3524 545
           Debentures /Bond Foreign  0  0
     (e) Other Securities    
          Commercial Paper 174 837 454 668
     (f)  Subsidiaries  0  0
     (g)   Associates - Indian  0  0
            Associates - Foreign  0  0
4 Investments in Infrastructure and Social Sector    
     (a)  Debentures /Bond 7357 896 5243 344
5 Other than Approved Investments    
     (a)   Preference Shares 9 725 3 150
     (b) Debentures /Bond  1759 682 1705 133
     (c)  Mutual Funds  0  0
  TOTAL 552006 839 477887 103
- 1 - 1
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