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 PERIOD ENDED 31.12.2018







FIRE INSURANCE BUSINESS




( ` IN 000)


PARTICULARS SCHEDULE For the Three Months ending 31.12.2018 Up to the Nine Months ending 31.12.2018 For the corresponding Three months of the preceeding year Up to the corresponding Nine months of the prceeding year

1 Premiums earned (Net) NL-4-Premium Schedule 18463 927 60179 838 17959 747 50532 695

2 Profit on sale of Investments (Net)
1259 622 3671 701 961 987 2088 640

3 Profit/-Loss on Exchange Fluctuation
-533 992 709,472 -347 143 -282 051

4 Interest, Dividend & Rent - Gross
1745 345 5642 274 1401 020 5050 101


TOTAL (A)
20934 902 70203 285 19975 611 57389 385

1 Claims Incurred (Net) NL-5-Claims Schedule 18655 796 61426 023 18866 862 53152 740

2 Commission (Net) NL-6-Commission Schedule 5325 982 16542 491 2761 486 11830 416

3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 162 028 417 434 145 734 365 399

4 Expenses relating to Investments
2 347 7 128 1 842 4 890


TOTAL  (B)
24146 153 78393 076 21775 924 65353 445











Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
-3211 251 -8189 791 -1800 313 -7964 060


APPROPRIATIONS







Transfer to Shareholders’ Account
-3211 251 -8189 791 -1800 313 -7964 060


Transfer to Catastrophe Reserve







Transfer to Other Reserves (to be specified)







TOTAL (C)
-3211 251 -8189 791 -1800 313 -7964 060

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 31.12.2018 Up to the Nine Months ending 31.12.2018 For the corresponding Three months of the preceeding year Up to the corresponding Nine months of the prceeding year

1 Premiums earned (Net) NL-4-Premium Schedule 47798 451 253848 052 65351 901 250825 260

2 Profit on sale of Investments (Net)
3130 291 9542 090 2194 807 5037 340

3 Profit/-Loss on Exchange Fluctuation
-1360 276 1,874,583 -844 293 -684 868

4 Interest, Dividend & Rent - Gross
4304 421 14663 256 2973 142 12179 734


TOTAL (A)
53872 887 279927 981 69675 557 267357 466

1 Claims Incurred (Net) NL-5-Claims Schedule 36002 717 227973 855 54461 290 205754 499

2 Commission (Net) NL-6-Commission Schedule 5312 319 31737 610 8222 751 34942 975

3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 509 977 1394 237 353 691 1123 372

4 Expenses relating to Investments
5 816 18 524 4 103 11 794

5 Premium Deficiency
0 0 0 0


TOTAL  (B)
41830 829 261124 226 63041 835 241832 640











Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
12,042,058 18,803,755 6633 722 25524 826


APPROPRIATIONS







Transfer to Shareholders’ Account
12,042,058 18,803,755 6633 722 25524 826


Transfer to Catastrophe Reserve

0
0


Transfer to Other Reserves (to be specified)

0
0


TOTAL (C)
12,042,058 18,803,755 6633 722 25524 826

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 31.12.2018 Up to the Nine Months ending 31.12.2018 For the corresponding Three months of the preceeding year Up to the corresponding Nine months of the prceeding year

1 Premiums earned (Net) NL-4-Premium Schedule 2602 063 8520 525 1252 027 6164 421

2 Profit on sale of Investments (Net)
249 562 642 242 174 922 361 885

3 Profit/-Loss on Exchange Fluctuation
-71 948 126,165 -59 685 -49 162

4 Interest, Dividend & Rent - Gross
352 519 986 927 269 453 875 000


TOTAL (A)
3132 196 10275 859 1636 717 7352 144

1 Claims Incurred (Net) NL-5-Claims Schedule 1943 856 6213 564 2076 219 1031 055

2 Commission (Net) NL-6-Commission Schedule 860 861 2235 942 -38 189 1438 597

3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 30 772 58 973 10 393 35 378

4 Expenses relating to Investments
469 1 247 341 847

5 Premium Deficiency
0 0 0 0


TOTAL  (B)
2835 958 8509 726 2048 764 2505 877











Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
296238 1766133 -412047 4846267


APPROPRIATIONS







Transfer to Shareholders’ Account
296 238 1766 133 -412 047 4846 267


Transfer to Catastrophe Reserve







Transfer to Other Reserves (to be specified)







TOTAL (C)
296 238 1766 133 -412 047 4846 267

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 31.12.2018 Up to the Nine Months ending 31.12.2018 For the corresponding Three months of the preceeding year Up to the corresponding Nine months of the prceeding year

1 Premiums earned (Net) NL-4-Premium Schedule 1430 139 3679 562 1013 111 2904 778

2 Profit on sale of Investments (Net)
40 943 111 117 29 064 59 210

3 Profit/-Loss on Exchange Fluctuation
-13 575 17,939 -9 741 -8 050

4 Interest, Dividend & Rent - Gross
57 380 170 752 45 526 143 164


TOTAL (A)
1514 887 3979 370 1077 960 3099 102

1 Claims Incurred (Net) NL-5-Claims Schedule 1653 778 3952 863 1636 727 2966 192

2 Commission (Net) NL-6-Commission Schedule 18 418 61 478 7 184 23 731

3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 8 490 19 253 3 644 13 077

4 Expenses relating to Investments
77 216 57 139

5 Premium Deficiency
-25 927 48 583 0 0


TOTAL  (B)
1654 836 4082 393 1647 612 3003 139











Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)
-139 949 -103 023 (569 652) 95,963


APPROPRIATIONS







Transfer to Shareholders’ Account
-139 949 -103 023 (569 652) 95,963


Transfer to Catastrophe Reserve







Transfer to Other Reserves (to be specified)







TOTAL (C)
-139 949 -103 023 (569 652) 95,963

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.