FORM NL-12-INVESTMENT SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

Investments

INVESTMENTS - SHAREHOLDERS' FUND

   

(` '000)

 

Particulars

30.09.2020

30.09.2019

 

LONG TERM INVESTMENTS

  

1

Government securities and Government guaranteed

60340 313

51514 364

 

bonds including Treasury Bills

  

2

Other Approved Securities

298 923

404 892

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity - Indian

50645 432

72046 354

 

                   Equity - Foreign

569 499

569 499

 

           (bb)  Preference

 0

 145

 

     (b)  Mutual Funds

 0

 0

 

     (c)  Derivative Instruments

 0

 0

 

     (d)  Debentures /Bonds Indian

2778 935

4009 172

 

           Debentures /Bonds Foreign

 0

 0

 

     (e) Other Securities

 0

 
 

          Guaranteed  Equity

 103

 111

 

     (f)  Subsidiaries

6980 168

6042 195

 

     (e)   Associates - Indian

 0

 0

 

            Associates - Foreign

159 479

159 479

4

Investments in Infrastructure and Social Sector

  
 

(a) Equity

1327 663

1707 543

 

(b) Debentures/Bonds

16108 647

13707 512

5

Other than Approved Investments

 0

 0

 

     (a)   Equity/Preference/Debentures/Venture Funds

10709 580

10241 981

 

     (b)   Preference

 68

3 922

 

     (c)  Debentures /Bond

2898 643

3044 638

 

     (d)  Venture Funds

267 460

297 205

 

     (e)  Associate Indian

700 000

700 000

 

Short Term Investments

  

1

Government securities and Government guaranteed

1722 589

3817 066

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

70 831

126 202

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

4461 306

1745 022

 

     (c)  Derivative Instruments

 0

 0

 

     (d) Debentures /Bond Indian

723 913

899 265

 

           Debentures /Bond Foreign

 0

 0

 

     (e) Other Securities

 0

 0

 

          Commercial Paper

 0

 0

 

     (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

1986 250

4706 876

5

Other than Approved Investments

 0

 0

 

     (a)   Preference Shares

 40

5 890

 

     (b) Debentures /Bond

1705 352

1516 670

 

     (c)  Mutual Funds

 0

 0

 

TOTAL

164455 194

177266 003

    

Figures for the previous year have been regrouped where necessary.

    

INVESTMENTS - POLICYHOLDERS' FUND

 

Particulars

30.09.2020

30.09.2019

 

LONG TERM INVESTMENTS

  
 

LONG TERM INVESTMENTS

  

1

Government securities and Government guaranteed

233977 958

180318 472

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

1159 115

1417 265

3

Other Investments

 0

 0

 

     (a)  Shares

 0

 0

 

           (aa)  Equity - Indian

196384 708

252187 679

 

                   Equity - Foreign

 0

 0

 

           (bb)  Preference

 0

 507

 

     (b)  Mutual Funds

 0

 0

 

     (c)  Derivative Instruments

 0

 0

 

     (d)  Debentures /Bonds Indian

10775 708

14033 519

 

           Debentures /Bonds Foreign

 0

 0

 

     (e) Other Securities

  
 

          Guaranteed  Equity

 397

 389

 

     (f)  Subsidiaries

 0

 0

 

     (e)   Associates - Indian

 0

 0

 

            Associates - Foreign

 0

 0

4

Investments in Infrastructure and Social Sector

  
 

(a) Equity

5148 199

5977 004

 

(b) Debentures/Bonds

62463 520

47981 130

5

Other than Approved Investments

 0

 0

 

     (a)   Equity/Preference/Debentures/Venture Funds

41527 886

35850 550

 

     (b)   Preference

 262

13 729

 

     (c)  Debentures /Bond

11239 893

10657 307

 

     (d)  Venture Funds

1037 115

1040 324

 

     (e)  Associate Indian

 0

 0

 

Short Term Investments

  

1

Government securities and Government guaranteed

6679 580

13361 081

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

274 658

441 750

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

17299 336

6108 192

 

     (c)  Derivative Instruments

 0

 0

 

     (d) Debentures /Bond Indian

2807 075

3147 741

 

           Debentures /Bond Foreign

 0

 0

 

     (e) Other Securities

 0

 0

 

          Commercial Paper

 0

 0

 

     (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

7701 962

16475 727

5

Other than Approved Investments

 0

 0

 

     (a)   Preference Shares

 154

20 618

 

     (b) Debentures /Bond

6612 740

5308 880

 

     (c)  Mutual Funds

 0

 0

 

TOTAL

605090 266

594341 864

    

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