Page 384 - 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 TATA AIG
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 632.50 632.50 732.50 907.50 994.46
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 432.27 550.70 807.41 1,094.49 1,542.14
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT (17.45) 57.88 49.87 35.82 (326.79)
BORROWINGS - 178.00 178.00 178.00 363.00
TOTAL 1,047.32 1,419.08 1,767.78 2,215.81 2,572.80

APPLICATION OF FUNDS
INVESTMENTS 3,684.40 4,851.14 6,621.18 10,050.48 11,893.08
LOANS - - - - -
FIXED ASSETS 98.08 109.21 156.74 193.13 207.08
DEFERRED TAX ASSET/(LIABILITY) - 22.44 32.98 34.64 (3.79)

CURRENT ASSETS
Cash and Bank Balances 116.26 234.14 511.66 292.04 349.46
Advances and Other Assets 445.91 669.66 708.80 1,842.20 1,067.90
Sub-Total (A) 562.17 903.79 1,220.46 2,134.23 1,417.36

CURRENT LIABILITIES 2,160.92 2,823.53 3,999.09 7,467.56 8,307.56

PROVISIONS 1,136.42 1,643.97 2,264.48 2,729.11 2,633.36

Sub-Total (B) 3,297.34 4,467.50 6,263.57 10,196.67 10,940.92

NET CURRENT ASSETS (C) = (A - B) (2,735.17) (3,563.71) (5,043.11) (8,062.44) (9,523.56)

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

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

TOTAL 1,047.32 1,419.08 1,767.78 2,215.81 2,572.80

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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