Ethical Compliance

GENERAL INS CORP OF INDIA

Revenue

18.2%

Debt

0%

Liquidity

13.5%

Revenue

Debt

Liquidity

18.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

Questionable

INR Crores

  Sale of Services
₹0.00

  Marine Insurance
₹382.95

  Income From Investments
₹3,135.58

  Other Income
₹504.45

Non Compliant

INR Crores

  Other Income Including Interest Income
₹0.00

  Fire Insurance
₹1,241.14

  Miscellaneous Insurance
₹3,146.55

  Life Insurance
₹53.51

INR Crores

Revenue from Questionable Sources:₹4,022.97
Revenue from Non Compliant Sources:₹4,441.19
Total:₹8,464.16
Total Revenue:₹46,459.04

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹8,464.16

₹46,459.04

= 18.2%

non-compliant

Rationale

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.