Page 354 - 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 LIBERTY GENERAL
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (189.02) (210.36) (165.58) (86.02) (33.06)
(a) Fire Insurance (7.33) (11.52) (4.90) (14.46) 6.77
(b) Marine Insurance (2.01) (3.68) (4.06) (7.45) 4.71
(c) Miscellaneous Insurance (179.67) (195.16) (156.62) (64.11) (44.53)
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 21.86 18.85 20.15 29.60 41.47
(b) Profit on sale of investments 0.31 1.30 0.85 0.77 0.94
Less: Loss on sale of investments - - - - -
OTHER INCOME - - - - -
TOTAL (A) (166.85) (190.22) (144.58) (55.66) 9.35

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - - - -
(b) For doubtful debts - - 2.86 5.24 -
(c) Others - - - - -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 4.35 - - - -
(b) Bad debts written off - - - - -
(c) Others - 4.50 6.21 77.57 118.96
TOTAL (B) 4.35 4.50 9.07 82.81 118.96
Profit Before Tax (171.20) (194.72) (153.65) (138.47) (109.60)
Prior Period Adjustments - - -
Provision for Taxation - - - - -
Profit after Tax (171.20) (194.72) (153.65) (138.47) (109.60)

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 (293.88) (465.08) (659.80) (813.45) (951.91)

Balance carried forward to Balance Sheet (465.08) (659.80) (813.45) (951.91) (1,061.51)

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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