Page 379 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 65: PRIVATE SECTOR GENERAL INSURERS - BALANCE SHEET
(As at 31st March) (2016 to 2020) (Contd... 65)
( ? Crore)

PARTICULARS RAHEJA QBE
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 207.00 207.00 207.00 207.00 207.00
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 20.17 22.85 23.95 3.60 -
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT 0.22 0.21 0.10 0.28 0.29
BORROWINGS - - - - -
TOTAL 227.39 230.05 231.05 210.88 207.29

APPLICATION OF FUNDS“ "
INVESTMENTS 255.67 292.86 346.35 411.78 465.30
LOANS - - - - -
FIXED ASSETS 0.45 1.06 2.44 1.97 4.26
DEFERRED TAX ASSET/(LIABILITY) 1.26 1.21 1.24 2.79 6.15

CURRENT ASSETS
Cash and Bank Balances 1.54 3.36 4.96 7.56 17.64
Advances and Other Assets 15.72 23.04 28.13 30.67 30.12
Sub-Total (A) 17.26 26.39 33.09 38.23 47.77

CURRENT LIABILITIES 23.95 54.60 99.14 174.12 271.22

PROVISIONS 23.30 36.86 52.93 69.78 103.49

Sub-Total (B) 47.25 91.46 152.06 243.90 374.70

NET CURRENT ASSETS (C) = (A - B) " (30.00) (65.07) (118.97) (205.67) (326.94)

MISCELLANEOUS EXPENDITURE
(to the extent not written off or adjusted) " - - - - -

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT - - - - 58.51

TOTAL 227.39 230.05 231.05 210.88 207.29

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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