Revenue Account of General Insurance Corporation (GIC) in Respect of Miscellaneous Insurance Business in India (As on 31.03.2001) | ||
Particulars | Rupees | US $ (Equivalent) |
Claims under Policies, Less Reinsurances | ||
Paid during the year | ||
Add: Total Estimated Liability in Respect of Outstanding Claims at the End of the Year, Whether due or Intimated | ||
Total | ||
Less: Outstanding at the End of the Previous Year | ||
Difference | ||
Commission on Reinsurance Accepted | ||
Expenses of Management | ||
Loss on Exchange (Net) | ||
Balance of Account at the End of the Year as Shown in the Balance Sheet | ||
Reserve for Unexpired Risks being Fifty Percent (50%) of the Premium Income of the Year | ||
Grand Total | ||
Claims Paid to Claimants in India | ||
Claims Paid toClaimants Outside India | ||
Balance of Account at the Beginning of the Year | ||
Reserve for Unexpired Risks | ||
Premiums, Less Reinsurances | ||
Commission on Reinsurances Ceded | ||
Loss Transferred to Profit and Loss Account | ||
Premiums Derived from Business Effected in India | ||
Premiums Derived from Business Effected Outside India |