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ANNUAL REPORT 2011-12<br />

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

Contd... STATEMENT 61<br />

(` Lakh)<br />

PARTICULARS<br />

SHRIRAM TATA AIG<br />

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

Premiums earned (Net) 241 21 54024 54286 33003 1858 13838 92735 108432 72669<br />

Profi t/ Loss on sale/redemption of Investments 0 0 1 13 58 509 580 1534<br />

Others 112 112 262 9 (42) (227) (260) (249)<br />

Interest, Dividend & Rent – Gross 35 8 5610 5653 2984 579 1003 8974 10556 6930<br />

TOTAL (A) 276 29 59746 60051 36248 2460 14856 101991 119307 80884<br />

Claims Incurred (Net) 163 35 37638 37836 25508 1109 11219 74055 86383 54311<br />

Commission (80) (5) 1732 1647 1464 (2585) 1936 3124 2474 1899<br />

Operating Expenses related to Insurance Business 86 19 12433 12537 7871 1131 3248 33593 37971 29422<br />

Co-insurance administration fee 41 1 6 49 38<br />

Solatium Fund (25) (25) 43<br />

Premium Defi ciency 18 18<br />

Others-Miscellaneous 179 179 178 96 96 72<br />

Exceptional Item (IMTPIP)<br />

TOTAL (B) 169 67 51982 52218 35021 (304) 16404 110848 126948 85786<br />

Operating Profit/(Loss) C= (A - B) 107 (38) 7764 7833 1228 2764 (1548) (8857) (7641) (4902)<br />

APPROPRIATIONS<br />

Transfer to Shareholders' Account 107 (38) 7764 7833 1228 2764 (1548) (8857) (7641) (4902)<br />

Transfer to Catastrophe Reserve<br />

Transfer to Other Reserves<br />

TOTAL (C) 107 (38) 7764 7833 1228 2764 (1548) (8857) (7641) (4902)<br />

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

223

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