India’s Top 500 Companies 2019

INDIA’S TOP 500 COMPANIES 2019 9 The publication also includes terms and indicators specific to the insurance sector. Particulars Formulae Total Income for Insurance companies Premiums earned - net (policy holder’s account) + Income from Investments (policy holder’s account) + other income (policy holder’s account) + income from investments (shareholders account) + other income and miscellaneous receipts (shareholders account) Net PremiumEarned, AUM, Retention Ratio and Solvency Ratio of Insurance companies As per the data from ARs/Financial Statements/ Public Disclosures, FY18 Annual Report of Insurance Regulatory and Development Authority (IRDA) Net Worth for Insurance Companies Sum of share capital, equity equivalents and reserves & surplus. Equity equivalents include share warrants, ESOP, etc. Debit balance appearing in the profit and loss account and foreign exchange translation reserve account, revaluation reserves, and miscellaneous expenditure (to the extent not written off) are deducted from the Net Worth. Fair Value Change account (debit or credit balance) has not been considered for the purpose of calculating Net Worth. Dun & Bradstreet