ETHICAL COMPLIANCE REPORT

GENERAL INS CORP OF INDIA

Sector:

Financial Services

Industry:

Insurance - Reinsurance

Overall Compliance

questionable

PRIMARY BUSINESS FILTER
General Insurance
questionable
REVENUE RATIO FILTER
18.2%
View Calculations
DEBT RATIO FILTER
0%
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LIQUIDITY RATIO FILTER
13.5%
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Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

18.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{84641628000.00}{84641628000.00} \times 100 = 18.20\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Sale of Services	questionable	₹0.00
Marine Insurance	questionable	₹382.95
Income From Investments	questionable	₹3,135.58
Other Income	questionable	₹504.45
Other Income Including Interest Income	non-compliant	₹0.00
Fire Insurance	non-compliant	₹1,241.14
Miscellaneous Insurance	non-compliant	₹3,146.55
Life Insurance	non-compliant	₹53.51

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{1844522400000.00} \times 100 = 0.00\%

FORMULA

\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

13.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{248551800000.00}{1844522400000.00} \times 100 = 13.50\%

FORMULA

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%