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 31.03.2019
FIRE INSURANCE BUSINESS ( ` IN 000)
  PARTICULARS SCHEDULE For the  Three Months  ending 31.03.2019 Up to  the   Twelve  Months  ending 31.03.2019 For the corresponding Three months  of the preceeding year  Up to the corresponding Twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 20187 852 80367 690 22701 754 73234 449
2 Profit on sale of Investments (Net)   1437 435 5109 136 1667 506 3756 146
3 Profit/-Loss on Exchange Fluctuation   -152 237              557,235 167 484 -114 566
4 Interest, Dividend & Rent  - Gross   1933 386 7575 660 1294 560 6344 661
  TOTAL (A)   23406 436 93609 721 25831 304 83220 690
1 Claims Incurred (Net) NL-5-Claims Schedule 21516 780 82942 803 10750 457 63903 197
2 Commission (Net) NL-6-Commission Schedule 5220 633 21763 124 5799 442 17629 858
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 194 515 611 949 194 771 560 170
4 Expenses relating to Investments   -7 128  0 -4 890  0
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   26924 800 105317 876 16739 780 82093 225
             
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -3518 364 -11708 155 9091 524 1127 465
  APPROPRIATIONS          
  Transfer to Shareholders’ Account   -3518 364 -11708 155 9091 524 1127 465
  Transfer to Catastrophe Reserve          
  Transfer to Other Reserves (to be specified)          
  TOTAL (C)   -3518 364 -11708 155 9091 524 1127 465
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 31.03.2019 Up to  the   Twelve  Months  ending 31.03.2019 For the corresponding Three months  of the preceeding year  Up to the corresponding Twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 25569 058 279417 110 44485 463 295310 723
2 Profit on sale of Investments (Net)   2913 961 12456 051 4655 160 9692 500
3 Profit/-Loss on Exchange Fluctuation   -396 097           1,478,486 297 711 -387 157
4 Interest, Dividend & Rent  - Gross   3806 170 18469 426 4192 269 16372 003
  TOTAL (A)   31893 092 311821 073 53630 603 320988 069
1 Claims Incurred (Net) NL-5-Claims Schedule 12344 436 240318 292 53090 423 258844 922
2 Commission (Net) NL-6-Commission Schedule 4723 012 36460 623 8967 614 43910 588
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 441 984 1836 221 404 661 1528 033
4 Expenses relating to Investments -18 524  0 -11 794  0
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   17490 908 278615 136 62450 904 304283 543
       0    0  
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   14402 184          33,205,937 -8820 301 16704 526
  APPROPRIATIONS    0    0  
  Transfer to Shareholders’ Account   14402 184          33,205,937 -8820 301 16704 526
  Transfer to Catastrophe Reserve    0 0  0 0
  Transfer to Other Reserves (to be specified)    0  0  0  0
  TOTAL (C)   14402 184          33,205,937 -8820 301 16704 526
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 31.03.2019 Up to  the   Twelve  Months  ending 31.03.2019 For the corresponding Three months  of the preceeding year  Up to the corresponding Twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 3625 462 12145 987 2461 587 8626 008
2 Profit on sale of Investments (Net)   279 732 921 974 325 821 687 707
3 Profit/-Loss on Exchange Fluctuation   -16 662              109,503 21 921 -27 241
4 Interest, Dividend & Rent  - Gross   380 145 1367 072 286 633 1161 633
  TOTAL (A)   4268 677 14544 536 3095 962 10448 107
1 Claims Incurred (Net) NL-5-Claims Schedule 1983 510 8197 073 1632 669 2663 724
2 Commission (Net) NL-6-Commission Schedule 518 408 2754 350 693 888 2132 485
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 24 506 83 479 20 843 56 222
4 Expenses relating to Investments   -1 247  0 - 847  0
5 Premium Deficiency    0  0  0  0
  TOTAL  (B)   2525 177 11034 902 2346 553 4852 431
       0    0  
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   1743 500 3509634 749 409 5595676
  APPROPRIATIONS    0    0  
  Transfer to Shareholders’ Account   1743 500 3509 634 749 409 5595 676
  Transfer to Catastrophe Reserve    0    0  
  Transfer to Other Reserves (to be specified)    0    0  
  TOTAL (C)   1743 500 3509 634 749 409 5595 676
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 31.03.2019 Up to  the   Twelve  Months  ending 31.03.2019 For the corresponding Three months  of the preceeding year  Up to the corresponding Twelve months  of the prceeding year
1 Premiums earned (Net) NL-4-Premium Schedule 1180 488 4860 050 884 587 3789 365
2 Profit on sale of Investments (Net)   61 035 172 152 50 151 109 361
3 Profit/-Loss on Exchange Fluctuation   -1 394                16,546 3 703 -4 347
4 Interest, Dividend & Rent  - Gross   84 510 255 262 41 561 184 725
  TOTAL (A)   1324 639 5304 010 980 002 4079 104
1 Claims Incurred (Net) NL-5-Claims Schedule 1988 424 5941 287 1157 464 4123 656
2 Commission (Net) NL-6-Commission Schedule 14 718 76 197 4 862 28 593
3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 9 651 28 904 6 886 19 963
4 Expenses relating to Investments   - 216  0 - 139  0
5 Premium Deficiency   4 361 52 944  0  0
  TOTAL  (B)   2016 938 6099 332 1169 073 4172 212
       0    0  
  Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)   -692 299 -795 322 -189 071           (93 108)
  APPROPRIATIONS    0    0  
  Transfer to Shareholders’ Account   -692 299 -795 322 -189 071           (93 108)
  Transfer to Catastrophe Reserve    0    0  
  Transfer to Other Reserves (to be specified)    0    0  
  TOTAL (C)   -692 299 -795 322 -189 071           (93 108)
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.