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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY - page 110 / 228

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Statements 07-08 (Final) 74 ....

94

TOTAL (C )

(261)

(218)

Transfer to Other Reserves

-

-

Transfer to Catastrophe Reserve

-

-

Transfer to Shareholders’ Account

-

-

APPROPRIATIONS

Operating Profit/(Loss) C= (A - B)

(261)

(218)

TOTAL (B)

1063

608

Foreign Taxes

-

-

Others- Amortizations, Write offs and Provisions

(11)

15

Operating Expenses related to Insurance Business

82

70

Commission

21

26

Claims Incurred (Net)

970

497

TOTAL (A)

802

390

Interest, Dividend & Rent –(Gross)

941

871

Others

0

Change in Policy Liabilities

(1166)

(1805)

Profit/ Loss on sale/redemption of Investments

(26)

(20)

Premiums earned (Net)

1053

1344

2007-08

2006-07

(Rs. Lakh)

POLICYHOLDERS ACCOUNT

LIFE INSURANCE CORPORATION OF INDIA : CAPITAL REDEMPTION AND ANNUITY CERTAIN BUSINESS ( NON PARTICIPATING)

STATEMENT 7

ANNUAL REPORT 2007-08

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