Page 347 - 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 Edleweiss
2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (18.24) (64.31) (97.72)
(a) Fire Insurance - (1.84) (1.42)
(b) Marine Insurance - (0.00) (0.16)
(c ) Miscellaneous Insurance (18.24) (62.47) (96.14)

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 3.15 10.18 10.43
(b) Profit on sale of investments 0.41 1.39 5.33
Less: Loss on sale of investments 1.22 1.72 3.62
OTHER INCOME 0.57 0.19 0.00
TOTAL (A) (15.34) (54.27) (85.57)

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - 0.20 10.12
(b) For doubtful debts“ " - - -
(c) Others - - -

OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business 11.95 0.49 -
(b) Bad debts written off - - -
(c) Others - 2.69 0.59
TOTAL (B) 11.95 3.37 10.70

Profit Before Tax (27.29) (57.64) (96.27)
Prior Period Adjustments - - -
Provision for Taxation - - 0.01
Profit after Tax (27.29) (57.64) (96.29)

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 (2.26) (29.55) (87.19)

Balance carried forward to Balance Sheet (29.55) (87.19) (183.48)

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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