Page 351 - 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 ICICI LOMBARD
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) 480.22 707.26 923.71 1,231.42 1,544.09
(a) Fire Insurance 111.41 99.68 132.81 56.71 95.14
(b) Marine Insurance (33.61) (9.67) 46.94 (36.26) 35.47
(c) Miscellaneous Insurance 402.41 617.25 743.96 1,210.97 1,413.48
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 160.26 216.67 287.90 353.47 389.47
(b) Profit on sale of investments 69.46 102.50 171.51 121.11 111.35
Less: Loss on sale of investments 2.26 9.95 53.52 14.57 36.38
OTHER INCOME 14.41 2.01 8.15 14.30 15.57
TOTAL (A) 722.09 1,018.49 1,337.75 1,705.72 2,024.10

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - 10.41 0.77 120.15
(b) For doubtful debts“ " (0.68) 13.39 59.38 (38.29) 47.45
(c) Others (3.54) (3.94) (1.88) (3.01) -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 1.55 2.25 4.17 3.22 156.86
(b) Bad debts written off 0.20 0.53 - 46.68 0.74
(c) Others 16.87 96.15 69.43 97.92 2.00
TOTAL (B) 14.40 108.39 141.52 107.31 327.21
Profit Before Tax 707.69 910.10 1,196.23 1,598.42 1,696.89
Prior Period Adjustments - - -
Provision for Taxation 200.25 208.22 334.46 549.15 503.13
Profit after Tax 507.45 701.88 861.78 1,049.26 1,193.76

APPROPRIATIONS
(a) Interim dividends paid during the year 134.17 157.10 68.00 113.52 159.05
(b) Proposed final dividend - - - 113.49 159.05
(c) Dividend distribution tax 27.31 31.98 13.84 46.66 65.39
(d) Transfer to any Reserves or
Other Accounts - - 10.39 13.86 3.46
(e) Others -
Balance of profit/ loss brought forward
from last year 848.46 1,194.43 1,707.23 2,476.77 3,238.50

Balance carried forward to Balance Sheet 1,194.43 1,707.23 2,476.77 3,238.50 4,045.31

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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