Page 353 - 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 KOTAK MAHINDRA
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (16.05) (44.03) (39.27) (41.84) (38.11)
(a) Fire Insurance - 1.56 0.39 (1.39) (7.68)
(b) Marine Insurance - - - - -
(c) Miscellaneous Insurance (16.05) (45.59) (39.66) (40.45) (30.43)
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 2.98 7.20 6.72 7.56 9.61
(b) Profit on sale of investments 3.10 3.14 1.26 0.90 2.66
Less: Loss on sale of investments 0.00 0.13 0.27 0.41 0.80
OTHER INCOME 0.25 0.00 0.02 0.17 (0.05)
TOTAL (A) (9.73) (33.82) (31.54) (33.61) (26.69)

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - - - -
(b) For doubtful debts“ " - - - - 0.00
(c) Others - - - - -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business - 0.90 1.01 1.29 1.43
(b) Bad debts written off - - - - -
(c) Others - - - - 0.00
TOTAL (B) - 0.90 1.01 1.29 1.43
Profit Before Tax (9.73) (34.72) (32.55) (34.90) (28.12)
Prior Period Adjustments - - -
Provision for Taxation - - - - -
Profit after Tax (9.73) (34.72) (32.55) (34.90) (28.12)

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 (0.27) (10.00) (44.72) (77.27) (112.17)

Balance carried forward to Balance Sheet (10.00) (44.72) (77.27) (112.17) (140.02)

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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