Page 293 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 61: PUBLIC SECTOR GENERAL INSURERS - SHAREHOLDERS ACCOUNT
(2015-16 to 2019-20)
( ? Crore)

PARTICULARS NATIONAL
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (712.46) (362.78) (2,831.93) (1,832.56) (2,787.41)
(a) Fire Insurance 72.06 376.23 (190.45) 335.96 (15.11)
(b) Marine Insurance 126.26 71.23 94.60 8.72 49.88
(c) Miscellaneous Insurance (910.79) (810.23) (2,736.08) (2,177.24) (2,822.18)

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 310.36 278.06 315.33 123.23 15.47
(b) Profit on sale of investments 523.54 489.78 401.53 128.56 4.63
Less: Loss on sale of investments 0.00 - - - -
OTHER INCOME 24.87 6.43 36.32 74.64 15.60
TOTAL (A) 146.30 411.48 (2,078.75) (1,506.13) (2,751.71)

PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments 2.33 2.23 0.14 2.41 1.57
(b) For doubtful debts (14.06) (11.78) - 70.23 17.52
(c) Others - - 27.04 -

OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business 1.85 1.37 1.53 1.12 0.99
(b) Bad debts written off - - - - -
(c) Others 5.69 370.47 102.09 89.34 1,336.54
TOTAL (B) (4.20) 362.28 103.76 190.14 1,356.62

Profit Before Tax 150.50 49.20 (2,182.50) (1,696.28) (4,108.34)
Prior Period Adjustments - -
Provision for Taxation 1.27 3.37 (11.74) (0.16) -
Profit after Tax 149.23 45.84 (2,170.77) (1,696.12) (4,108.34)

APPROPRIATIONS
(a) Interim dividends paid during the year - - - -
(b) Proposed final dividend 45.15 - - -
(c) Dividend distribution tax 9.03 - - -
(d) Transfer to any Reserves or
Other Accounts 95.05 45.84 (2,170.77) (1,696.12) (49.25)
(e) Others - - - - -

Balance of profit/ loss brought
forward from last year - - - - -
Balance carried forward
to Balance Sheet - - - - (4,059.09)

Note:
1. Figures in brackets indicate negative values.
2. Reclassification/Regrouping in the previous year's figures, if any, by the insurer has not been considered.

291