FORM NL-12-INVESTMENT SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

Investments

INVESTMENTS - SHAREHOLDERS' FUND

   

( ₹ in 000)

 

Particulars

31.03.2021

31.03.2020

 

LONG TERM INVESTMENTS

  

1

Government securities and Government guaranteed

77041 265

56922 279

 

bonds including Treasury Bills

  

2

Other Approved Securities

237 364

356 529

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity - Indian

76066 831

49881 186

 

                   Equity - Foreign

569 499

569 499

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

 0

 0

 

     (c)  Derivative Instruments

 0

 0

 

     (d)  Debentures /Bonds Indian

2838 651

3263 036

 

           Debentures /Bonds Foreign

 0

 0

 

     (e) Other Securities

 0

 
 

          Guaranteed  Equity

 113

 110

 

     (f)  Subsidiaries

7143 188

6712 429

 

     (e)   Associates - Indian

 0

 0

 

            Associates - Foreign

315 479

159 479

4

Investments in Infrastructure and Social Sector

  
 

(a) Equity

2176 329

1248 021

 

(b) Debentures/Bonds

20075 563

14270 294

5

Other than Approved Investments

 0

 0

 

     (a)   Equity/Preference/Debentures/Venture Funds

10236 262

5544 844

 

     (b)   Preference

 66

 111

 

     (c)  Debentures /Bond

2992 661

3547 348

 

     (d)  Venture Funds

286 568

294 856

 

     (e)  Associate Indian

700 000

700 000

 

Short Term Investments

  

1

Government securities and Government guaranteed

3529 521

2286 222

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

148 057

149 080

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

3156 541

5081 513

 

     (c)  Derivative Instruments

 0

 0

 

     (d) Debentures /Bond Indian

642 239

636 180

 

           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

2601 620

3821 903

5

Other than Approved Investments

 0

 0

 

     (a)   Preference Shares

 44

 43

 

     (b) Debentures /Bond

2195 342

1592 825

 

     (c)  Mutual Funds

 0

 0

 

TOTAL

212953 203

157037 787

  

 0

 0

Figures for the previous year have been regrouped where necessary.

    

INVESTMENTS - POLICYHOLDERS' FUND

 

Particulars

31.03.2021

31.03.2020

 

LONG TERM INVESTMENTS

  
 

LONG TERM INVESTMENTS

  

1

Government securities and Government guaranteed

263312 535

201935 813

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

811 266

1264 813

3

Other Investments

 0

 0

 

     (a)  Shares

 0

 0

 

           (aa)  Equity - Indian

259982 102

176957 036

 

                   Equity - Foreign

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

 0

 0

 

     (c)  Derivative Instruments

 0

 0

 

     (d)  Debentures /Bonds Indian

9701 975

11575 853

 

           Debentures /Bonds Foreign

 0

 0

 

     (e) Other Securities

  
 

          Guaranteed  Equity

 387

 390

 

     (f)  Subsidiaries

 0

 0

 

     (e)   Associates - Indian

 0

 0

 

            Associates - Foreign

 0

 0

4

Investments in Infrastructure and Social Sector

  
 

(a) Equity

7438 283

4427 441

 

(b) Debentures/Bonds

68614 493

50624 877

5

Other than Approved Investments

 0

 0

 

     (a)   Equity/Preference/Debentures/Venture Funds

34985 614

19670 727

 

     (b)   Preference

 226

 393

 

     (c)  Debentures /Bond

10228 352

12584 467

 

     (d)  Venture Funds

979 436

1046 024

 

     (e)  Associate Indian

 0

 0

 

Short Term Investments

  

1

Government securities and Government guaranteed

12063 239

8110 533

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

506 029

528 872

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

10788 461

18027 027

 

     (c)  Derivative Instruments

 0

 0

 

     (d) Debentures /Bond Indian

2195 051

2256 893

 

           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

8891 848

13558 471

5

Other than Approved Investments

 0

 0

 

     (a)   Preference Shares

 150

 152

 

     (b) Debentures /Bond

7503 266

5650 660

 

     (c)  Mutual Funds

 0

 0

 

TOTAL

698002 713

528220 442

  

 0

 0

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