Status of Policyholders Account of Life Insurers in India - Part I (2007-2008) | ||||||||||
(Rs. in Lakh) | ||||||||||
Particulars | Birla Sun Life | ICICI Pride- mtoal | ING VYSYA | L.I.C. | HDFC Stan- dard | Max New York STD LIFE | Relia- nce | Bajaj Allianz Life | SBI Life | Kotak Mahi- ndra |
Premiums earned - net | ||||||||||
(a) Premium | ||||||||||
(b) Reinsurance ceded | ||||||||||
(c) Reinsurance accepted | ||||||||||
Income from Investments | ||||||||||
(a) Interest, Dividends & Rent - Gross | ||||||||||
(b) Profit on sale/redemption of investments | ||||||||||
(c) (Loss on sale/ redemption of investments) | ||||||||||
(d) Transfer/Gain on revaluation/change in fair value | ||||||||||
(e) Amortization of Premium/Discount on Investments | ||||||||||
(f) Appropriation/ Expropriation Adjustment Account | ||||||||||
Other Income | ||||||||||
Transfer from Shareholders` Account | ||||||||||
Total (A) | ||||||||||
Commission | ||||||||||
Operating Expenses related to Insurance Business | ||||||||||
Provision for doubtful debts | ||||||||||
Adjustment related to previous year | ||||||||||
Bad debts written off | ||||||||||
Provision for Tax | ||||||||||
Provisions (other than taxation) | ||||||||||
(a) For diminution in the value of investments (Net) | ||||||||||
(b) Others | ||||||||||
Total (B) | ||||||||||
Benefits Paid (Net) | ||||||||||
Interim Bonuses Paid | ||||||||||
Change in valuation of liability in respect of life policies | ||||||||||
(a) Gross* | ||||||||||
(b) Amount ceded in Reinsurance | ||||||||||
(c) Amount accepted in Reinsurance | ||||||||||
(d) Transfer to Linked Fund | ||||||||||
Total (C) | ||||||||||
Surplus/(DEFICIT) (D) = (A)-(B)-(C) | ||||||||||
Prior Period Items | ||||||||||
Balance at the beginning of the year | ||||||||||
Transfer from Linked Fund (Lapsed Policies) | ||||||||||
Surplus available for appropriations | ||||||||||
Appropriations | ||||||||||
Transfer to Shareholders` Account | ||||||||||
Transfer to Other Reserves (Reserve for lapsed unit linked policies unlikely to be revived) | ||||||||||
Balance being funds for future appropriations-Policyholders | ||||||||||
Balance being funds for future appropriations-Shareholders | ||||||||||
Balance transferred to Balance Sheet | ||||||||||
Total (D) |