Page 385 - 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 UNIVERSAL SOMPO
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 350.00 350.00 368.18 368.18 368.18
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 85.80 85.80 381.93 517.47 637.41
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT (2.51) (0.30) (1.99) 1.03 (7.10)
BORROWINGS - - - - -
TOTAL 433.29 435.50 748.12 886.68 998.49

APPLICATION OF FUNDS
INVESTMENTS 1,086.37 1,625.93 2,150.18 2,343.99 3,020.07
LOANS - - - - -
FIXED ASSETS 25.31 27.74 44.71 39.86 40.40
DEFERRED TAX ASSET/(LIABILITY) 3.14 1.68 1.05 (0.68) 1.16

CURRENT ASSETS
Cash and Bank Balances 84.08 86.33 137.42 59.99 83.84
Advances and Other Assets 465.56 690.25 803.85 1,012.17 582.21
Sub-Total (A) 549.64 776.58 941.27 1,072.16 666.05

CURRENT LIABILITIES 1,012.76 1,726.80 1,799.02 1,938.81 1,939.71

PROVISIONS 349.64 351.88 590.08 629.84 789.49

Sub-Total (B) 1,362.40 2,078.68 2,389.10 2,568.65 2,729.20

NET CURRENT ASSETS (C) = (A - B) (812.77) (1,302.10) (1,447.83) (1,496.50) (2,063.15)

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

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 131.23 82.24 - - -

TOTAL 433.29 435.50 748.12 886.68 998.49

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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