Page 343 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 64: PRIVATE SECTOR GENERAL INSURERS - SHAREHOLDERS ACCOUNT
(2015-16 to 2019-20)
( ? Crore)

PARTICULARS ACKO
2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (14.34) (140.65) (198.01)
(a) Fire Insurance - - -
(b) Marine Insurance - - -
(c ) Miscellaneous Insurance (14.34) (140.65) (198.01)

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 3.07 6.73 11.07
(b) Profit on sale of investments 3.04 1.37 3.65
Less: Loss on sale of investments 0.14 0.40 0.42
OTHER INCOME - - 0.00
TOTAL (A) (8.37) (132.95) (183.71)
PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments - - 2.50
(b) For doubtful debts“ " - - -
(c) Others - - -

OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 3.43 1.42 1.58
(b) Bad debts written off - - -
(c) Others - - -
TOTAL (B) 3.43 1.42 4.08
Profit Before Tax (11.80) (134.37) (187.78)
Prior Period Adjustments - - -
Provision for Taxation - - -
Profit after Tax (11.80) (134.37) (187.78)
APPROPRIATIONS
(a) Interim dividends paid during the year - - -
(b) Proposed final dividend - - -
(c) Dividend distribution tax - - -
(d) Transfer to any Reserves or
Other Accounts - - -
(e) Others -
Balance of profit/ loss brought
forward from last year (0.17) (11.97) (146.34)
Balance carried forward to Balance Sheet (11.97) (146.34) (334.12)

Note:
1. Figures in brackets indicates negative values
2. Reclassification/Regrouping in the previous year's figures, if any, by the insurer has not been considered.
3. *Erstwhile HDFC Ergo General Insurance Co. Ltd. merged with L&T General Insurance Co. Ltd. w.e.f. 01.01.2017.
L&T General Insurance co. Ltd. is renamed as HDFC Ergo General Insurance Co. Ltd. , therefore, the data of erstwhile
HDFC Ergo is for 9 months i.e. up to 31.12.2016.
4. **Erstwhile DHFL General Insurance Co. Ltd.

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