Insurance companies
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Insurance Companies. Form B-RA Revenue Account for the year ended 31 st March, 2000. Policyholders account(Technical Account). Form B-BS Balance Sheet as at 31 st March,2000 . Contingent Liabilities. Schedules forming part of financial statements. Schedule 1- Premium Earned.

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Insurance Companies

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Insurance Companies

Form B-RARevenue Accountfor the year ended 31st March, 2000

Policyholders account(Technical Account)

Form B-BSBalance Sheetas at 31st March,2000

Contingent Liabilities

Schedules forming part of financial statements

Schedule 1- Premium Earned

Schedule 2-Claims Incurred (Net)

Schedule 3- Commission

Schedule 4- Operating expenses related to insurance business

Schedule 5- Share Capital

Schedule 5A- Share capital pattern of shareholding(As certified by the Management)

Schedule 6-Reserves and surplus

Schedule 7- Borrowings

Schedule 8-Investment

Schedule 9- Loans

Schedule 10- Fixed Assets

Schedule 11-Cash & Bank Balances

Schedule 12- Advances and other assets

Schedule 13- Current Liabilities

Schedule 14- Provisions

Schedule 15- Miscellaneous Expenditure(to the extent not written off or adjusted)

Form B-PLProfit & Loss Accountfor the year ended 31st 2000

Shareholders account (non –technical Account)

Revenue Account in respect of Life Insurance Act,1938:Form A-RARevenue Accountfor the year ended 31st March, 2000

Policy holders Account (Technical Account)

Calculation of surplus or deficiency by Valuation B/Sas on…

Statement showing net profit for the valuation period

Surplus as per valuation of B/Sxxx

Add: Interim Bonus (if any) as it is really advance payment of bonusxxx

Less: Any expenses still to be charged

(eg amount of dividend to shareholders set aside)xxx

Total Surplusxxx

Less: Surplus at the beginning of the periodxxx

Net profit for the valuation periodxxx

Statement of Distribution of Surplus

Total Surplusxxx

Less: Surplus to be C/Fxxx

Surplus for distributionxxx


Surplus to policy holder (95% of surplus)xxx

Less: Interim bonus already paidxxx

Net amount due to policyholdersxxx

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