FORM NL-12-INVESTMENT SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

Investments

INVESTMENTS - SHAREHOLDERS' FUND

   

( ₹ in 000)

 

Particulars

30.06.2021

30.06.2020

 

LONG TERM INVESTMENTS

  

1

Government securities and Government guaranteed

72559 687

49699 932

 

bonds including Treasury Bills

  

2

Other Approved Securities

215 886

318 372

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity - Indian

73917 269

48045 955

 

                   Equity - Foreign

117 290

569 499

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

 0

 0

 

     (c)  Derivative Instruments

 0

 0

 

     (d)  Debentures /Bonds Indian

2314 415

2770 519

 

           Debentures /Bonds Foreign

 0

 0

 

     (e) Other Securities

 0

 
 

          Guaranteed  Equity

 103

 98

 

     (f)  Subsidiaries

1502 590

6712 429

 

     (e)   Associates - Indian

 0

 0

 

            Associates - Foreign

64 974

159 479

4

Investments in Infrastructure and Social Sector

  
 

(a) Equity

2171 126

1380 924

 

(b) Debentures/Bonds

18040 805

14342 098

5

Other than Approved Investments

 0

 0

 

     (a)   Equity/Preference/Debentures/Venture Funds

10215 567

9997 899

 

     (b)   Preference

 58

 99

 

     (c)  Debentures /Bond

3264 839

3094 624

 

     (d)  Venture Funds

250 502

262 793

 

     (e)  Associate Indian

144 167

700 000

 

Short Term Investments

  

1

Government securities and Government guaranteed

3068 295

1716 683

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

134 712

44 782

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

2548 972

4372 163

 

     (c)  Derivative Instruments

 0

 0

 

     (d) Debentures /Bond Indian

989 968

614 893

 

           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

2299 069

2672 722

5

Other than Approved Investments

 0

 0

 

     (a)   Preference Shares

 40

 38

 

     (b) Debentures /Bond

2125 076

1346 945

 

     (c)  Mutual Funds

 0

 0

 

TOTAL

195945 410

148822 946

    

Figures for the previous year have been regrouped where necessary.

    

INVESTMENTS - POLICYHOLDERS' FUND

 

Particulars

30.06.2021

30.06.2020

 

LONG TERM INVESTMENTS

  
 

LONG TERM INVESTMENTS

  

1

Government securities and Government guaranteed

279751 533

203338 650

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

832 340

1302 564

3

Other Investments

 0

 0

 

     (a)  Shares

 0

 0

 

           (aa)  Equity - Indian

284985 641

196571 690

 

                   Equity - Foreign

452 209

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

 0

 0

 

     (c)  Derivative Instruments

 0

 0

 

     (d)  Debentures /Bonds Indian

8923 151

11335 099

 

           Debentures /Bonds Foreign

 0

 0

 

     (e) Other Securities

  
 

          Guaranteed  Equity

 397

 402

 

     (f)  Subsidiaries

5793 186

 0

 

     (e)   Associates - Indian

 0

 0

 

            Associates - Foreign

250 505

 0

4

Investments in Infrastructure and Social Sector

  
 

(a) Equity

8370 706

5649 811

 

(b) Debentures/Bonds

69555 742

58678 206

5

Other than Approved Investments

 0

 0

 

     (a)   Equity/Preference/Debentures/Venture Funds

39385 786

40904 670

 

     (b)   Preference

 224

 405

 

     (c)  Debentures /Bond

12587 480

12661 118

 

     (d)  Venture Funds

965 804

1075 170

 

     (e)  Associate Indian

 0

 0

 

Short Term Investments

  

1

Government securities and Government guaranteed

11829 713

7023 511

 

bonds including Treasury Bills

 0

 0

2

Other Approved Securities

519 374

183 218

3

Other Investments

  
 

     (a)  Shares

 0

 0

 

           (aa)  Equity

 0

 0

 

           (bb)  Preference

 0

 0

 

     (b)  Mutual Funds

9827 475

17887 947

 

     (c)  Derivative Instruments

 0

 0

 

     (d) Debentures /Bond Indian

3816 789

2515 727

 

           Debentures /Bond Foreign

 0

 0

 

     (e) Other Securities

 0

 0

 

          Commercial Paper

 0

 0

 

     (f)  Subsidiaries

 0

 0

 

     (g)   Associates - Indian

555 833

 0

 

            Associates - Foreign

 0

 0

4

Investments in Infrastructure and Social Sector

 0

 0

 

     (a)  Debentures /Bond

8863 988

10934 976

5

Other than Approved Investments

 0

 0

 

     (a)   Preference Shares

 154

 156

 

     (b) Debentures /Bond

8193 163

5510 792

 

     (c)  Mutual Funds

 0

 0

 

TOTAL

755461 193

575574 112

    

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