Page 357 - 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 RAHEJA QBE
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (2.17) (3.61) (5.25) (13.93) (10.79)
(a) Fire Insurance 0.16 (0.73) 1.89 0.79 0.56
(b) Marine Insurance 0.00 0.01 0.02 0.04 0.03
(c) Miscellaneous Insurance (2.33) (2.89) (7.16) (14.75) (11.38)
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 17.44 14.28 13.18 11.73 8.42
(b) Profit on sale of investments 0.69 0.52 0.45 0.41 0.47
Less: Loss on sale of investments - - 0.12 - -
OTHER INCOME 0.05 0.01 0.09 0.16 (0.06)
TOTAL (A) 16.00 11.20 8.36 (1.62) (1.96)

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - - 5.00 15.00
(b) For doubtful debts“ " - - - - -
(c) Others - - - - -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 1.26 1.31 1.56 2.18 4.73
(b) Bad debts written off - - 0.05 0.36 (0.00)
(c) Others 0.23 5.96 5.04 12.74 43.80
TOTAL (B) 1.48 7.27 6.66 20.28 63.52
Profit Before Tax 14.52 3.93 1.71 (21.90) (65.47)
Prior Period Adjustments - - -
Provision for Taxation 4.13 1.25 0.60 (1.55) (3.36)
Profit after Tax 10.39 2.68 1.11 (20.35) (62.11)

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 9.78 20.17 22.85 23.95 3.60

Balance carried forward to Balance Sheet 20.17 22.85 23.95 3.60 (58.51)

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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