Insurance companies
Download
1 / 33

Insurance Companies - PowerPoint PPT Presentation


  • 106 Views
  • Uploaded on

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.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Insurance Companies' - kali


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

Form b ra revenue account for the year ended 31 st march 2000
Form B-RARevenue Accountfor the year ended 31st March, 2000

Policyholders account(Technical Account)


Form b bs balance sheet as at 31 st march 2000
Form B-BSBalance Sheetas at 31st March,2000



















Form b pl profit loss account for the year ended 31 st 2000
Form B-PL written off or adjustedProfit & Loss Accountfor the year ended 31st 2000

Shareholders account (non –technical Account)


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

Policy holders Account (Technical Account)



Statement showing net profit for the valuation period
Statement written off or adjustedshowing net profit for the valuation period

Surplus as per valuation of B/S xxx

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

Less: Any expenses still to be charged

(eg amount of dividend to shareholders set aside) xxx

Total Surplus xxx

Less: Surplus at the beginning of the period xxx

Net profit for the valuation period xxx


Statement of distribution of surplus
Statement of Distribution of Surplus written off or adjusted

Total Surplus xxx

Less: Surplus to be C/F xxx

Surplus for distribution xxx

Distribution

Surplus to policy holder (95% of surplus) xxx

Less: Interim bonus already paid xxx

Net amount due to policyholders xxx


ad