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 PERIOD ENDED 31.12.2020

FIRE INSURANCE BUSINESS

    

( in 000)

 

PARTICULARS

SCHEDULE

For the Three Months ending 31.12.2020

Upto Nine Months Ending 31.12.2020

For the  Three Months  ending 31.12.2019

Upto Nine Months Ending 31.12.2019

1

Premiums earned (Net)

NL-4-Premium Schedule

25032 619

88774 496

17800 533

69276 313

2

Profit on sale of Investments (Net)

 

3365 577

7214 707

2250 575

4290 672

3

Profit/-Loss on Exchange Fluctuation

 

82 309

 (279 879)

168 060

474 567

4

Interest, Dividend & Rent  - Gross

 

2447 521

7425 221

1964 272

6190 659

 

TOTAL (A)

 

30928 026

103134 545

22183 440

80232 211

1

Claims Incurred (Net)

NL-5-Claims Schedule

20842 605

79322 096

21699 643

68119 832

2

Commission (Net)

NL-6-Commission Schedule

6207 456

23851 299

7952 496

24242 703

3

Operating Expenses related to Insurance Business

NL-7-Operating Expenses Schedule

216 587

616 285

130 683

636 214

4

Expenses relating to Investments

 

 0

 0

 0

 0

5

Premium Deficiency

 

 0

 0

 0

 0

 

TOTAL  (B)

 

27266 648

103789 680

29782 822

92998 749

       
 

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

 

3661 378

-655 135

-7599 382

-12766 538

 

APPROPRIATIONS

     
 

Transfer to Shareholders’ Account

 

3661 378

-655 135

-7599 382

-12766 538

 

Transfer to Catastrophe Reserve

     
 

Transfer to Other Reserves (to be specified)

     
 

TOTAL (C)

 

3661 378

-655 135

-7599 382

-12766 538

       
       

MISCELLANEOUS INSURANCE BUSINESS

 

PARTICULARS

SCHEDULE

For the Three Months ending 31.12.2020

Upto Nine Months Ending 31.12.2020

For the  Three Months  ending 31.12.2019

Upto Nine Months Ending 31.12.2019

1

Premiums earned (Net)

NL-4-Premium Schedule

59590 001

212477 020

53054 037

278994 792

2

Profit on sale of Investments (Net)

 

7633 121

16439 002

6077 127

11664 673

3

Profit/-Loss on Exchange Fluctuation

 

48 600

 (746 039)

456 460

1145 064

4

Interest, Dividend & Rent  - Gross

 

5530 890

16918 666

5254 506

16830 002

 

TOTAL (A)

 

72802 612

245088 649

64842 130

308634 531

1

Claims Incurred (Net)

NL-5-Claims Schedule

51913 771

200758 441

57384 281

278715 467

2

Commission (Net)

NL-6-Commission Schedule

11873 457

36049 169

12389 233

34266 450

3

Operating Expenses related to Insurance Business

NL-7-Operating Expenses Schedule

507 885

1263 530

372 683

2055 461

4

Expenses relating to Investments

 

 0

 0

 0

 0

5

Premium Deficiency

 

 0

 0

 0

 0

 

TOTAL  (B)

 

64295 113

238071 140

70146 197

315037 378

       
 

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

 

 8,507,499

 7,017,509

-5304 067

-6402 847

 

APPROPRIATIONS

     
 

Transfer to Shareholders’ Account

 

 8,507,499

 7,017,509

-5304 067

-6402 847

 

Transfer to Catastrophe Reserve

  

0

 

0

 

Transfer to Other Reserves (to be specified)

  

 0

 

 0

 

TOTAL (C)

 

 8,507,499

 7,017,509

-5304 067

-6402 847

       
       

MARINE INSURANCE BUSINESS

 

PARTICULARS

SCHEDULE

For the  Three Months  ending 31.12.2020

Upto Nine Months Ending 31.12.2020

For the  Three Months  ending 31.12.2019

Upto Nine Months Ending 31.12.2019

1

Premiums earned (Net)

NL-4-Premium Schedule

3981 233

13509 028

5328 637

11005 052

2

Profit on sale of Investments (Net)

 

691 131

1417 656

383 420

762 050

3

Profit/-Loss on Exchange Fluctuation

 

- 629

 (66 030)

28 246

76 295

4

Interest, Dividend & Rent  - Gross

 

519 478

1459 021

315 107

1099 500

 

TOTAL (A)

 

5191 213

16319 675

6055 410

12942 897

1

Claims Incurred (Net)

NL-5-Claims Schedule

5243 906

17711 867

4190 421

9662 645

2

Commission (Net)

NL-6-Commission Schedule

1015 671

2800 881

844 173

2312 096

3

Operating Expenses related to Insurance Business

NL-7-Operating Expenses Schedule

32 956

83 639

18 321

80 307

4

Expenses relating to Investments

 

 0

 0

 0

 0

5

Premium Deficiency

 

 0

 0

 0

 0

 

TOTAL  (B)

 

6292 533

20596 387

5052 915

12055 048

       
 

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

 

-1101320

-4276712

1002495

887849

 

APPROPRIATIONS

     
 

Transfer to Shareholders’ Account

 

-1101 320

-4276 712

1002 495

887 849

 

Transfer to Catastrophe Reserve

     
 

Transfer to Other Reserves (to be specified)

     
 

TOTAL (C)

 

-1101 320

-4276 712

1002 495

887 849

       
       

LIFE INSURANCE BUSINESS

 

PARTICULARS

SCHEDULE

For the  Three Months  ending 31.12.2020

Upto Nine Months Ending 31.12.2020

For the  Three Months  ending 31.12.2019

Upto Nine Months Ending 31.12.2019

1

Premiums earned (Net)

NL-4-Premium Schedule

2787 716

8162 862

2101 549

5490 448

2

Profit on sale of Investments (Net)

 

190 518

364 359

79 502

168 589

3

Profit/-Loss on Exchange Fluctuation

 

- 843

 (16 492)

5 579

16 820

4

Interest, Dividend & Rent  - Gross

 

150 179

374 991

58 687

243 244

 

TOTAL (A)

 

3127 570

8885 720

2245 317

5919 101

1

Claims Incurred (Net)

NL-5-Claims Schedule

3929 248

8723 151

1592 313

4986 457

2

Commission (Net)

NL-6-Commission Schedule

66 281

142 788

19 976

69 636

3

Operating Expenses related to Insurance Business

NL-7-Operating Expenses Schedule

17 755

41 792

6 878

43 840

4

Expenses relating to Investments

 

 0

 0

 0

 0

5

Premium Deficiency

 

-120 126

-16 440

-163 649

324 220

 

TOTAL  (B)

 

3893 158

8891 291

1455 518

5424 153

       
 

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

 

-765 588

-5 571

 789,799

 494,948

 

APPROPRIATIONS

     
 

Transfer to Shareholders’ Account

 

-765 588

-5 571

 789,799

 494,948

 

Transfer to Catastrophe Reserve

     
 

Transfer to Other Reserves (to be specified)

     
 

TOTAL (C)

 

-765 588

-5 571

 789,799

 494,948