Status of Policyholders Account of Life Insurers in India - Part I (2010-2011) | ||||||||
(Rs. in Lakh) | ||||||||
Particulars | Birla Sun Life | ICICI Prudential | ING VYSYA | LIC | HDFC Standard | Max New York | Reliance Life | Bajaj Allianz Life |
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 | ||||||||
Unrealised Gains/Loss | ||||||||
Other Income | ||||||||
Transfer from Shareholders` Account | ||||||||
Unit Linked Recoveries | ||||||||
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 (Fund Reserve) | ||||||||
TotalĀ (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 | ||||||||
Funds for future appropriations (Reserve for lapsed | ||||||||
unit linked policies unlikely to be revived) | ||||||||
Balance being funds for future appropriations-Policyholders | ||||||||
Balance being funds for future appropriations-Previous year | ||||||||
Balance transferred to Balance Sheet | ||||||||
Total (D) |