04.07.2015 Views

Download PDF - IRDA

Download PDF - IRDA

Download PDF - IRDA

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

ANNUAL REPORT 2011-12<br />

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT<br />

Contd... STATEMENT 61<br />

(` Lakh)<br />

PARTICULARS RAHEJE QBE RELIANCE<br />

Fire Marine Misc. 2011-12 2010-11 Fire Marine Misc. 2011-12 2010-11<br />

Premiums earned (Net) 49 6 739 794 (175) 3023 987 112299 116309 129380<br />

Profi t/ Loss on sale/redemption of Investments 0 0 2 3 1 98 34 1522 1653 894<br />

Others (0) 25 25 6 48 48 10<br />

Interest, Dividend & Rent – Gross 11 0 103 114 43 735 256 11630 12621 10023<br />

TOTAL (A) 59 6 869 935 (126) 3856 1276 125499 130631 140308<br />

Claims Incurred (Net) 32 12 373 417 183 2643 1029 122915 126587 133138<br />

Commission (7) 2 144 138 36 (545) (69) 4741 4127 (2252)<br />

Operating Expenses related to Insurance Business 120 3 1121 1243 1429 1178 314 36844 38336 44687<br />

Co-insurance administration fee<br />

Solatium Fund<br />

Premium Defi ciency 22 3 25 30<br />

Others-Miscellaneous<br />

Exceptional Item (IMTPIP)<br />

TOTAL (B) 166 20 1638 1823 1648 3276 1304 164500 169050 175574<br />

Operating Profit/(Loss) C= (A - B) (106) (13) (769) (889) (1774) 580 (27) (39001) (38419) (35266)<br />

APPROPRIATIONS<br />

Transfer to Shareholders' Account (106) (13) (769) (889) (1774) 580 (27) (39001) (38419) (35266)<br />

Transfer to Catastrophe Reserve<br />

Transfer to Other Reserves<br />

TOTAL (C) (106) (13) (769) (889) (1774) 580 (27) (39001) (38419) (35266)<br />

Note : Figures in brackets indicate negative amounts.<br />

221

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!