Insurance companies
1 / 33

Insurance Companies - PowerPoint PPT Presentation

  • Uploaded on
  • Presentation posted in: General

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.

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

Download Presentation

Insurance Companies

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)

Insurance companies
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/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
Statement of Distribution of Surplus written off or adjusted

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

  • Login