Financial Performance (Premium, Commission Expenses, Operating Expenses of Insurance Business and Net Benefit) of Life Insurance Corporation of India - Part II (As on 31.03.2020) | |||||
(Rs. in Lakh) | |||||
Particulars | Non-Linked Total (Current Year) | Linked Business | Total (Current Year) | ||
Participating | Non- Participating | Non- Participating | Participating | Non- Participating | |
First year Premiums | |||||
Renewal Premiums | |||||
Single Premiums & CAG | |||||
Total Premium | |||||
Premium Income from Business Written : | |||||
In India | |||||
Outside India | |||||
Total Premium | |||||
Commission Paid | |||||
Direct - First year Premiums | |||||
Renewal Premiums | |||||
Single Premiums | |||||
Other Commission | |||||
Add : Commission on Re-Insurance Accepted | |||||
Less : Commission on Re-Insurance Ceded | |||||
Net Commission | |||||
Rewards and Remuneration to Intermediaries | |||||
Net Commission | |||||
Commission on Business Written : | |||||
In India | |||||
Outside India | |||||
Net Commission | |||||
Break up of the Expenses (Gross) Incurred to Procure Business : | |||||
Agents | |||||
Brokers | |||||
Corporate Agency | |||||
Referral | |||||
Others : Banks | |||||
Insurance Marketing Firm (IMF) | |||||
Total | |||||
Employees Remuneration & Welfare Benefits | |||||
Travel, Conveyance and Vehicle Running Expenses | |||||
Training Expenses | |||||
Rents, Rates & Taxes | |||||
Repairs | |||||
Printing & Stationery | |||||
Communication Expenses | |||||
Legal & Professional Charges | |||||
Medical Fees | |||||
Auditors' fees, Expenses etc. | |||||
As Auditor | |||||
As Adviser or in any other Capacity in Respect of | |||||
Taxation Matters | |||||
Insurance Matters | |||||
Management Services; and | |||||
In any Other Capacity | |||||
Advertisement and Publicity | |||||
Interest & Bank Charges | |||||
Others | |||||
Allowances and Commission (Other than Commission to Insurance Agents) | |||||
Expense on Investment Property | |||||
Policy Stamps | |||||
Receipt Stamps | |||||
Electricity Charges | |||||
Cash in Transit and Other Insurance Premia | |||||
Miscellaneous Expenses | |||||
Head Office Expenses | |||||
Depreciation | |||||
GST on Premium | |||||
Total | |||||
Operating Expenses | |||||
In India | |||||
Outside India | |||||
Total Operating Expenses | |||||
Insurance Claims | |||||
Claims by Death | |||||
Claims by Maturity | |||||
Annuities/Pensions Payment | |||||
Other Benefits | |||||
Surrenders | |||||
Bonuses in Cash | |||||
Hospitalisation Benefits | |||||
Major Surgical Benefits | |||||
Domicilliary Treatment Benefits | |||||
Day Care Benefits | |||||
Lump Sum Benefit/ Income Benefit (by Installment) | |||||
Other Claims Cost -Interest | |||||
Others | |||||
(Amount Ceded in Reinsurance) : | |||||
Claims by Death | |||||
Claims by Maturity | |||||
Annuities/Pensions Payment | |||||
Other Benefits | |||||
Amount Accepted in Reinsurance : | |||||
Claims by Death | |||||
Claims by Maturity | |||||
Annuities/Pensions Payment | |||||
Other Benefits | |||||
Total | |||||
Benefits Paid to Claimants : | |||||
In India | |||||
Outside India | |||||
Total Benefits Paid (Net) |