Page 360 - 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 SBI GENERAL
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (186.99) 110.12 377.29 362.02 474.93
(a) Fire Insurance (36.07) 174.79 331.12 190.89 313.96
(b) Marine Insurance (5.90) (3.04) (1.11) (5.29) (0.47)
(c) Miscellaneous Insurance (145.02) (61.63) 47.28 176.42 161.44
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 61.91 74.32 100.18 107.29 117.84
(b) Profit on sale of investments 5.12 7.22 9.69 19.12 38.46
Less: Loss on sale of investments - 0.04 0.12 3.26 40.20
OTHER INCOME 0.12 2.41 0.71 1.14 0.24
TOTAL (A) (119.84) 194.03 487.75 486.31 591.27

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - 0.38 2.88 13.11 (12.41)
(b) For doubtful debts“ " - - - - 6.56
(c) Others - - - - -
OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business - - - - -
(b) Bad debts written off - - - - 0.23
(c) Others 0.25 41.00 62.48 3.41 32.49
TOTAL (B) 0.25 41.38 65.36 16.52 26.87
Profit Before Tax (120.10) 152.66 422.39 469.79 564.40
Prior Period Adjustments - - -
Provision for Taxation - - 26.69 135.80 152.64
Profit after Tax (120.10) 152.66 395.69 333.99 411.76

APPROPRIATIONS
(a) Interim dividends paid during the year - - - - 21.55
(b) Proposed final dividend - - - - -
(c) Dividend distribution tax - - - 4.43 -
(d) Transfer to any Reserves or
Other Accounts - - - - -
(e) Others -
Balance of profit/ loss brought forward
from last year (482.04) (602.14) (449.48) (53.78) 275.78

Balance carried forward to Balance Sheet (602.14) (449.48) (53.78) 275.78 665.99

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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