Page 344 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

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

PARTICULARS BAJAJ ALLIANZ
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) 569.67 814.48 1,187.31 967.68 1,243.09
(a) Fire Insurance 87.57 117.21 68.74 45.66 33.69
(b) Marine Insurance 30.34 11.63 13.91 (18.02) 13.53
(c ) Miscellaneous Insurance 451.75 685.64 1,104.66 940.04 1,195.87
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 186.17 230.07 171.60 254.05 255.41
(b) Profit on sale of investments 30.82 51.41 29.42 35.44 118.83
Less: Loss on sale of investments 2.00 5.89 9.38 11.01 20.10
OTHER INCOME 2.74 7.98 1.47 (6.29) (5.17)
TOTAL (A) 787.40 1,098.05 1,380.42 1,239.87 1,592.06
PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments - - - 56.39 128.66
(b) For doubtful debts 0.32 0.23 1.02 1.38 0.99
(c) Others - - - - -

OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 15.61 19.71 25.15 30.58 17.77
(b) Bad debts written off - - - - -
(c) Others - - 1.33 - 68.69
TOTAL (B) 15.93 19.94 27.50 88.35 216.11

Profit Before Tax 771.47 1,078.12 1,352.91 1,151.52 1,375.95
Prior Period Adjustments - - -
Provision for Taxation 207.24 350.28 431.67 371.66 377.17
Profit after Tax 564.22 727.84 921.24 779.86 998.78

APPROPRIATIONS
(a) Interim dividends paid during the year - - - 110.23 110.23
(b) Proposed final dividend - - - - -
(c) Dividend distribution tax - - - 22.66 22.66
(d) Transfer to any Reserves
or Other Accounts - - - - -
(e) Others -

Balance of profit/ loss brought
forward from last year 1,948.64 2,512.86 3,240.70 4,161.94 4,808.91

Balance carried forward
to Balance Sheet 2,512.86 3,240.70 4,161.94 4,808.91 5,674.81

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.

342