Page 350 - 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 HDFC ERGO*
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (114.08) 81.94 471.14 493.91 553.61
(a) Fire Insurance (5.77) (7.77) (13.45) 33.34 (44.50)
(b) Marine Insurance (4.15) (1.24) (9.83) (23.05) (17.85)
(c ) Miscellaneous Insurance (104.16) 90.96 494.42 483.62 615.96
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 12.10 44.36 137.06 141.49 128.42
(b) Profit on sale of investments 1.30 16.22 15.90 15.86 12.28
Less: Loss on sale of investments - - 3.56 -
OTHER INCOME 0.04 (0.66) - 17.50 -
TOTAL (A) (100.65) 141.86 624.10 665.20 694.31

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - - 157.82 11.66
(b) For doubtful debts“ " 0.81 9.45 (8.72) 0.70 (3.01)
(c) Others - - - - -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 0.06 1.20 6.24 39.45 9.04
(b) Bad debts written off - 67.04 - 4.37
(c) Others 0.50 9.80 46.28 60.47
TOTAL (B) 1.37 20.45 110.83 197.97 82.52
Profit Before Tax (102.02) 121.40 513.27 467.23 611.79
Prior Period Adjustments - - -
Provision for Taxation - (3.01) 109.56 84.24 164.08
Profit after Tax (102.02) 124.41 403.71 382.99 447.71

APPROPRIATIONS
(a) Interim dividends paid during the year - 121.01 136.22 -
(b) Proposed final dividend - - - -
(c) Dividend distribution tax - 24.64 28.00 -
(d) Transfer to any Reserves
or Other Accounts - 9.72 9.72 9.72 2.43
(e) Others
Balance of profit/ loss brought forward
from last year (461.00) (563.01) 50.10 298.44 507.49

Balance carried forward to Balance Sheet (563.01) (448.32) 298.44 507.49 952.76

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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