Page 349 - 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 GO DIGIT
2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (83.31) (299.98) (226.95)
(a) Fire Insurance (0.70) (4.33) 5.91
(b) Marine Insurance 0.00 (0.01) (0.01)
(c ) Miscellaneous Insurance (82.61) (295.64) (232.85)

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 14.68 34.69 52.26
(b) Profit on sale of investments 3.74 0.98 2.24
Less: Loss on sale of investments 0.30 3.52 0.14
OTHER INCOME 0.00 - 0.00
TOTAL (A) (65.19) (267.83) (172.58)

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

OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business 4.74 3.05 2.66
(b) Bad debts written off - - -
(c) Others - - -
TOTAL (B) 4.74 3.05 2.66

Profit Before Tax (69.92) (270.87) (175.25)
Prior Period Adjustments - - -
Provision for Taxation 0.21 (0.23) -
Profit after Tax (70.13) (270.64) (175.25)

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 (6.23) (76.35) (347.00)

Balance carried forward to Balance Sheet (76.35) (347.00) (522.24)

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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