Page 356 - 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 NAVI**
2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (21.42) (31.76) (48.19)
(a) Fire Insurance (14.52) 9.93 24.13
(b) Marine Insurance - - -
(c) Miscellaneous Insurance (6.91) (41.69) (72.33)
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 9.13 7.76 2.53
(b) Profit on sale of investments 1.65 0.49 0.13
Less: Loss on sale of investments - - -
OTHER INCOME - 0.05 0.01
TOTAL (A) (10.64) (23.46) (45.52)
PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - 3.73 15.01
(b) For doubtful debts - - -
(c) Others - - -
OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business 0.47 - -
(b) Bad debts written off - - -
(c) Others 3.04 1.64 10.52
TOTAL (B) 3.51 5.37 25.53

Profit Before Tax (14.15) (28.83) (71.05)
Prior Period Adjustments - - -
Provision for Taxation - - -
Profit after Tax (14.15) (28.83) (71.05)
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 (9.02) (23.17) (52.00)
Balance carried forward to Balance Sheet (23.17) (52.00) (123.05)

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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