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annual report 2009-10 - IRDA

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ANNUAL REPORT <strong>2009</strong>-<strong>10</strong>PUBLIC SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNTSTATEMENT 51(` Lakh)NEW INDIA ORIENTAL<strong>2009</strong>-<strong>10</strong> 2008-09 <strong>2009</strong>-<strong>10</strong> 2008-09PARTICULARS Fire Marine Misc Total Fire Marine Misc Total Fire Marine Misc Total Fire Marine Misc TotalPremiums earned (Net) <strong>10</strong>6758 23766 440562 57<strong>10</strong>86 96292 23177 405460 524930 36473 18937 303672 359083 31493 18500 256687 306680Profit/ Loss on sale/redemptionof Investments 7847 3022 41158 52028 3616 1287 20429 25333 4488 2084 35261 41834 2729 1292 23765 27786Others (88) (315) (125) (528) (79) (83) (55) (216)Interest, Dividend &Rent – Gross <strong>10</strong>506 4046 55<strong>10</strong>2 69654 9681 3446 54685 67812 4852 2253 38123 45228 4284 2029 37313 43626TOTAL (A) 125112 30834 536822 692767 <strong>10</strong>9590 279<strong>10</strong> 480574 618074 45725 22960 376931 445616 38427 21737 317711 377875Claims Incurred (Net) <strong>10</strong>6878 19075 387292 513245 60668 27711 378807 467187 31128 12379 2825<strong>10</strong> 326018 36245 17226 252248 305719Commission 12827 1907 41402 56137 13705 1455 40923 56083 (146) 1536 22736 24127 301 1167 18634 20<strong>10</strong>2Operating Expenses relatedto Insurance Business 35967 8658 128981 173606 29340 7780 <strong>10</strong>8381 145501 14415 7099 93562 115076 <strong>10</strong>582 5613 75249 91444Others- Amortizations,Write offs & Provisions <strong>10</strong> 4 51 65 (79) (28) (446) (553) (17) (8) (135) (161) 26 12 223 260Foreign Taxes 2 1 70 73 2 1 141 144TOTAL (B) 155684 29645 557796 743125 <strong>10</strong>3636 36919 527806 668362 45380 2<strong>10</strong>07 398673 465060 47154 24018 346354 417526Operating Profit/(Loss)from Fire/Marine/Miscellaneous BusinessC= (A - B) (30572) 1189 (20974) (50358) 5954 (9009) (47232) (50288) 345 1953 (21742) (19443) (8727) (2281) (28643) (39651)APPROPRIATIONSTransfer toShareholders’ Account (30572) 1189 (20974) (50358) 5954 (9009) (47232) (50288) 345 1953 (21742) (19443) (8727) (2281) (28643) (39651)Transfer toCatastrophe ReserveTransfer to Other ReservesTOTAL (C ) (30572) 1189 (20974) (50358) 5954 (9009) (47232) (50288) 345 1953 (21742) (19443) (8727) (2281) (28643) (39651)Note: Figure in brackets indicates the negative value157

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