Page 297 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

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

PARTICULARS TOTAL
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (2,178.17) (5,654.95) (138.34) (6,648.69) (5,360.18)
(a) Fire Insurance (102.02) (231.69) 303.97 (414.25) (63.90)
(b) Marine Insurance 315.38 246.95 390.95 108.59 174.44
(c ) Miscellaneous Insurance (2,391.53) (5,670.21) (833.27) (6343.03) (5,470.73)

INCOME FROM INVESTMENTS -
(a) Interest, Dividend & Rent – Gross 1,748.73 1,643.17 1,645.52 1703.73 1,301.65
(b) Profit on sale of investments 1,586.99 1,524.48 1,687.82 1673.91 1,278.89
Less: Loss on sale of investments 0.00 - - 2.40 -
OTHER INCOME 460.51 333.96 276.62 297.86 224.83
TOTAL (A) 1,618.05 (2,153.33) 3,471.63 (2975.59) (2,554.81)

PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments 36.49 5.51 (2.16) 10.39 5.88
(b) For doubtful debts (1.28) 44.18 (0.81) 130.93 51.12
(c) Others 22.93 19.94 5.85 111.89 83.13

OTHER EXPENSES -
(a) Expenses other than those related
to Insurance Business 2.66 1.83 2.78 4.18 1,058.46
(b) Bad debts written off 0.04 0.01 0.21 0.02 -
(c) Others 55.37 462.22 230.64 125.32 1,700.53
TOTAL (B) 116.20 533.69 236.51 382.72 2,899.12

Profit Before Tax 1,501.85 (2,687.02) 3,235.12 (3358.31) (5,453.92)
Prior Period Adjustments 82.32 -
Provision for Taxation 2.84 (136.15) 610.09 (70.41) 246.62
Profit after Tax 1,499.01 (2,550.86) 2,542.70 (3287.90) (5,700.55)

APPROPRIATIONS
(a) Interim dividends paid during the year - - - - -
(b) Proposed final dividend 482.15 - 309.00 - -
(c) Dividend distribution tax 97.97 1.09 62.91 - -
(d) Transfer to any Reserves or
Other Accounts 943.72 (2,539.01) 660.91 (3287.90) (1,641.46)
(e) Others -

Balance of profit/ loss brought
forward from last year - - - - -
Balance carried forward
to Balance Sheet - - 1,509.89 - (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.

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