Page 348 - 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 FUTURE GENERALI
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (61.88) 17.78 36.10 65.10 319.82
(a) Fire Insurance 11.65 9.08 14.69 (26.34) 9.44
(b) Marine Insurance (7.79) 7.61 10.50 2.20 10.19
(c ) Miscellaneous Insurance (65.73) 1.09 10.91 89.24 300.19
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 47.91 31.72 42.95 43.79 55.72
(b) Profit on sale of investments 10.42 8.09 2.90 1.57 6.81
Less: Loss on sale of investments 0.48 0.15 0.16 0.32 0.35
OTHER INCOME 1.22 0.66 0.15 0.61 0.37
TOTAL (A) (2.81) 58.10 81.94 110.76 382.35

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - - 3.63 27.38
(b) For doubtful debts“ " 0.08 0.31 - - -
(c) Others - - - - -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 2.31 14.53 3.08 3.57 7.05
(b) Bad debts written off 0.06 0.35 0.02 0.00 0.00
(c) Others - 0.11 0.21 0.99 174.92
TOTAL (B) 2.45 15.30 3.31 8.18 209.36
Profit Before Tax (5.25) 42.80 78.63 102.58 173.00
Prior Period Adjustments - - -
Provision for Taxation - - - (15.23) 73.40
Profit after Tax (5.25) 42.80 78.63 117.82 99.60

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 (255.12) (260.37) (217.58) (138.95) (21.13)

Balance carried forward to Balance Sheet (260.37) (217.58) (138.95) (21.13) 78.46

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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