FORM NL-1-B-RA Agriculture Insurance Company of India Limited Registration No. 126 and Date of Registration with the IRDA:30.10.

Transcription

1 FORM NL-1-B-RA TOTAL (A) REVENUE ACCOUNT FOR THE PERIOD ENDING 31ST MARCH, 2014 Current Year Previous Year Particulars Schedule (Rs. 000) 1 Premium Earned (Net) NL-4-Premium Schedule Profit/Loss on Sale/Redemption of Investments Accretion of Discount on Investment Interest, Dividend & Rent -Gross Claims Incurred (Net) NL-5-Claims Schedule Commission NL-6- Commission Schedule ( ) ( ) 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule Premium Deficiency Bank Interest Expenses related to Investments : a) Amortization of Premium on Investments b) Bank Charges 7 1 c) Stock Holding Charges d) Other Expenses TOTAL (B) Operating Profit from Crop Insurance Business C=(A-B) APPROPRIATIONS Transfer to Shareholders' Account Transfer to Catastrophe Reserve 0 0 Transfer to Other Reserves 0 0 TOTAL

2 FORM NL-2-B-PL PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDING 31ST MARCH, 2014 Current Previous Year Year Particulars Schedule (Rs. 000) 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (b) Marine Insurance (c ) Misc. Insurance-Crop Insurance INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross (b) Profit on sale/redemption of investments Less: Loss on sale of investments (c) Accretion of Discount on Investment OTHER INCOME a) Miscellaneous Receipts b) Profit on Sale of Assets TOTAL (A) PROVISIONS (Other than taxation) (a) For diminution in the value of investments 0 0 (b) For doubtful debts 0 0 (c) Provision for standard asset (d) Provision for Loyalty discount OTHER EXPENSES (a) Expenses other than those related to Insurance Business i) Amortisation of Premium on Investments ii) Stock Holding Charges iii) Bank Interest & Charges 5 1 vi) Other investment related expenses (b) Bad debts written off 0 0 (c) Others i) Loss on Sale of Assets ii) Prior Period Expenses iii) Wealth Tax TOTAL (B) Profit Before Tax (C=A-B) Provision for Taxation a) Income Tax (Current Year) b) Income Tax (pertaining to earlier years) c) Wealth Tax 0 0 d) Deferred Tax (13413) TOTAL APPROPRIATIONS (a) Interim dividends paid during the year (b) Proposed final dividend (c) Dividend distribution tax (d) Transfer to any Reserves or Other Accounts Balance of profit/ loss brought forward from last year Balance carried forward to Balance Sheet Profit After Tax (D)

3 SOURCES OF FUNDS SHARE CAPITAL SHARE APPLICATION MONEY PENDING ALLOTMENT RESERVES AND SURPLUS NL-8-Share Capital Schedule x Current Year Previous Year NL-10-Reserves and Surplus Schedule FAIR VALUE CHANGE ACCOUNT (94986) (73414) DEFERRED TAX LIABILITY (Net) BORROWINGS NL-11-Borrowings Schedule 0 0 APPLICATION OF FUNDS FORM NL-3-B-BS Registration No. 126 and Date of Registration with the IRDA: BALANCE SHEET FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Schedule (Rs. 000) TOTAL INVESTMENTS NL-12-Investment Schedule LOANS NL-13-Loans Schedule FIXED ASSETS NL-14-Fixed Assets Schedule DEFERRED TAX ASSET (Net) CURRENT ASSETS CASH AND BANK BALANCES NL-15-Cash and bank balance Schedule ADVANCES AND OTHER ASSESTS NL-16-Advances and Other Assets Schedule Sub-Total (A) CURRENT LIABILITIES NL-17-Current Liabilities Schedule PROVISIONS NL-18-Provisions Schedule DEFERRED TAX LIABILITY (Net) 0 0 Sub-Total (B) NET CURRENT ASSETS (C) = (A - B) ( ) ( ) MISCELLANEOUS EXPENDITURE (to the NL-19-Miscellaneous 0 0 extent not written off or adjusted) Expenditure Schedule DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT 0 0 TOTAL Contingent Liabilities Claims, other than against policies, not acknowledged as debts by the Company 0 0

4 FORM NL- 4 PREMIUM SCHEDULE PREMIUM EARNED (NET) FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) Premium from direct business written (Net of Service Tax) Add: Premium on reinsurance accepted 0 0 Less : Premium on reinsurance ceded Net Premium Adjustment for change in reserve for (524760) ( ) unexpired risks Premium Earned (Net)

5 FORM NL-5 CLAIMS SCHEDULE CLAIMS INCURRED [NET] FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) Claims paid Add: Reinsurance Accepted 0 0 Less:Reinsurance Ceded Net Claims paid Add Claims Outstanding at the end of the current year Add: Reinsurance Accepted 0 0 Less: Reinsurance Ceded Net Claims Outstanding at the end of Current year Less Claims Outstanding at the end of the previous of the year Add: Reinsurance Accepted 0 0 Less: Reinsurance Ceded Net Claims Outstanding at the end of the previous year Gross Incurred Claims Add :Re-insurance accepted to direct claims 0 0 Less :Re-insurance Ceded to claims paid Total Claims Incurred

6 FORM NL-6 COMMISSION SCHEDULE COMMISSION FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) Commission paid Direct Add: Re-insurance Accepted 0 0 Less: Commission on Re-insurance Ceded* Net Commission ( ) ( ) Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents 0 0 Brokers Corporate Agency 0 0 Referral 0 0 Others: (i) Micro Insurance Agents/NGO's etc (ii) Service Charges to Banks (iii) Reimbursement to GIPSA Companies (Coinsurance-Tie Up) TOTAL (B)

7 FORM NL-7 OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) 1 Employees remuneration & welfare benefits Travel, conveyance and vehicle running expenses Training expenses Rents, rates & taxes Repairs Printing & Stationery Communication Legal & Professional charges Auditor's Fees, Expenses etc (a) as auditor (b) as adviser or in any other capacity, in respect of (i) Taxation matters 0 0 (ii) Insurance matters 0 0 (iii) Management services; and 0 0 (c) in any other capacity Advertisement and Publicity Research & Development Expenses Fee & Subscription to Statutory Authorities Interest & Bank Charges Depreciation Information Technology Other Total

8 FORM NL-8 SHARE CAPITAL SCHEDULE SHARE CAPITAL FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) 1 Authorised Capital Equity Shares of Rs 10 each Issued Capital Equity Shares of Rs.10 each Subscribed Capital Equity Shares of Rs.10 each Called-up Capital Equity Shares of Rs.10 each Less : Calls unpaid 0 0 Add : Equity Shares forfeited (Amount 0 0 originally paid up) Less : Par Value of Equity Shares bought back 0 0 Less : Preliminary Expenses 0 0 Expenses including commission or 0 0 brokerage on Underwriting or subscription of shares 0 0 TOTAL

9 FORM NL-9 PATTERN OF SHAREHOLDING SCHEDULE PATTERN OF SHAREHOLDING FOR THE PERIOD ENDING 31ST MARCH, 2014 [As certified by the Management] Promoters Indian Shareholder As at Number of Shares ('000) % of Holding Number of Shares ('000) As at % of Holding General Insurance Corporation of India % % National Agriculture Bank for Rural Development National Insurance Company Ltd.& its nominee % % % % The Oriental Insurance Company Ltd % % United India Insurance Company Ltd % % The New India Assurance Company Ltd. & its nominee % % Foreign NIL NIL NIL NIL Others TOTAL % %

10 FORM NL-10 RESERVES AND SURPLUS SCHEDULE RESERVES AND SURPLUS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year Capital Reserve Capital Redemption Reserve Share Premium General Reserve Opening Balance Less:Charge on account of transitional provisions under Accounting Standard Add: Profit transferred during the year Catastrophe Reserve Other Reserves 0 0 Balance of Profit in Profit & Loss Account TOTAL

11 FORM NL-11 BORROWINGS SCHEDULE BORROWINGS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) 1 Debentures/ Bonds Banks Financial Institutions Others (to be specified) 0 0 TOTAL 0 0

12 FORM NL-12 INVESTMENTS SCHEDULE INVESTMENTS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) LONG TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills Other Approved Securities Other Investments ( a) Shares (aa) Equity (bb) Preference 0 0 ( b) Mutual Funds 0 0 (c) Derivative Instruments 0 0 (d) Debentures/ Bonds (e) Other Securities (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate Investments in Infrastructure and Social Sector Other than Approved Investments Sub-total (A) SHORT TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills Other Approved Securities Other Investments (a) Shares (aa) Equity 0 0 (bb) Preference 0 0 ( b) Mutual Funds (c) Derivative Instruments 0 0 (d) Debentures/ Bonds (e) Other Securities (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate Investments in Infrastructure and Social Sector Other than Approved Investments Sub-total (B) Note: TOTAL (1) A provision of Rs.10,10,42 thousand ( Previous Year Rs.9,54,90 thousand) on Standard Assets in respect of investment in Debentures/Bonds appears under item 5 (iv) in Schdule 14. Market Value of Investments on Less: Fair Value Change Account (94986) (73414) Book Value of Investments as on (2) In view of IRDA guidelines, the value of Fixed deposit with banks amounting Rs.15,63,37,00 thousand has been shown under schedule 8 & 8A under the head 'Other Securities', instead of showing under Schedule 11 as in previous year. Similarly, the 'Deposit with Reserve Bank of India' (persuant to section 7 of Insurance Act,1938) has been shown under schedule 8 &8A amounting to Rs. 9,76,09 thousand under the head 'Government securities and Government guaranteed bonds', instead of under Schedule 12 in previous year.

13 FORM NL-13 LOANS SCHEDULE LOANS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) 1 SECURITY-WISE CLASSIFICATION Secured (a) On mortgage of property (aa) In India 0 0 (bb) Outside India 0 0 (b) On Shares, Bonds, Govt. Securities 0 0 (c) Others -Loan to staff Unsecured 0 0 TOTAL BORROWER-WISE CLASSIFICATION (a) Central and State Governments 0 0 (b) Banks and Financial Institutions 0 0 (c) Subsidiaries 0 0 (d) Industrial Undertakings 0 0 (e) Others (Loans to Staff) TOTAL PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India (bb) Outside India 0 0 (b) Non-performing loans less provisions (aa) In India 0 0 (bb) Outside India 0 0 TOTAL MATURITY-WISE CLASSIFICATION (a) Short Term (b) Long Term TOTAL

14 FORM NL-14 FIXED ASSETS FOR THE YEAR ENDED 31ST MARCH, 2014 (Rs in '000) Particulars Cost / Gross Block Add: Less: Depreciation Net Block Sale / As at As at Additions For the On sale/ Up to As at As at As at Deduction/ during the current adjustment Discarded year Year during the year (A)Tangible Assets Buildings Furniture & Fixtures I.T. Equipments Vehicles Office Equipments Elec.Equip.& Fittings Leasehold Improvement (B)Intangible Assets 0 Computer Software TOTAL (A) Capital Work In Progress Capital Work in Progress-Hardware Capital Work in Progress-Software TOTAL (B) GRAND TOTAL (A)+(B) PREVIOUS YEAR

15 FORM NL-15 CASH AND BANK BALANCES SCHEDULE CASH AND BANK BALANCES FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) 1 Cash (including cheques, drafts and stamps) Bank Balances (a) Deposit Accounts (aa) Short-term (due within 12 months) 0 0 (bb) Flexi Deposit (cc) Others 0 0 (b) (i) Current Accounts (ii) Others 0 0 (c) Others (i) Remittances in Transit Money at Call and Short Notice (a) With Banks 0 0 (b) With other Institutions Others 0 0 TOTAL Note: The previous year figure of Rs.15,63,37,00 thousand pertaining to 'Fixed Deposit' has been regrouped in Schedule 8 & 8 A under the heading 'Other Securities' to make it comparable with current year figures.

16 FORM NL-16 ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year (Rs. 000) ADVANCES 1 Reserve deposits with ceding companies Application money for investments Prepayments Advances to Directors/Officers Advance tax paid and taxes deducted at source (Net of provision for taxation) Others: (a) Advance Rent paid (b) Sundry Advances TOTAL (A) OTHER ASSETS 1 Income accrued on investments 1 (a) Accrued but not due (b) Accrued and due (b) Income accrued on flexi deposit Outstanding Premiums Agents Balances Due from other entities carrying on insurance business(including reinsurers) Due from subsidiaries/ holding company Deposit with Reserve Bank of India 0 0 [Pursuant to section 7 of Insurance Act, 1938] 7 Others: a) Sundry Deposits b) Advance against Capital Assets c) Short Collection of Premium d) Premium Receivable 0 0 e) Others (Adhoc payment to Govt. of India) f) Government (Centre/States/Uts/Coffee Board) g) Sundry Debtors 0 0 h) Service Tax Unutilized Credit TOTAL (B) GRAND TOTAL (A+B)

17 FORM NL-17 CURRENT LIABILITIES SCHEDULE CURRENT LIABILITIES FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year Agents Balances Balances due to other insurance companies Deposits held on re-insurance ceded Premiums received in advance Unallocated Premium Sundry creditors a) Cheques issued to insureds, but not enchased b) Sundry Creditors, other than 6(a) Due to subsidiaries/ holding company Claims Outstanding a) Claims settled but not paid b) Claims outstanding, other than 8(a) Due to Officers/ Directors Others: (Rs. 000) a) Excess Collection of Premium b) Expenses Payable c) Earnest Money Deposit d) Government (Centre/States/UTs/Coffee Board) e) Advance from financial Institution 0 0 Note: TOTAL The previous year figure of Rs. 13 thousand 'Due to Officers/Directors' has been regrouped from Sundry Creditors and shown seprately to make it comparable with current year figures.

18 FORM NL-18 PROVISIONS SCHEDULE PROVISIONS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Current Year Previous Year Reserve for Unexpired Risk For taxation (less advance tax paid 0 0 and taxes deducted at source) 3 For Proposed Dividends For Dividend Distribution Tax Others: (Rs. 000) a) Provision for Retirement Benefits b) Provision for Doubtful Debts c) Provision for Premium Defalcation d) Provision on Standard Assets e) Provision for Outstanding Expenses f) Provision for Purchase g) Provision for Loyalty Discount Reserve for Premium Deficiency 0 0 TOTAL

19 FORM NL-19 MISCELLANEOUS EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE FOR THE PERIOD ENDING 31ST MARCH, 2014 (To the extent not written off or adjusted) Particulars Current Year Previous Year (Rs. 000) 1 Discount Allowed in issue of shares/ debentures Others 0 0 Total 0 0

20 FORM NL-20 RECEIPT AND PAYMENTS SCHEDULE RECEIPT AND PAYMENTS FOR THE PERIOD ENDING 31ST MARCH, 2014 Particulars Amount (Rs in '000) Cash Flows from the Operating Activities: Premium received from policyholders, including advance receipts Other receipts Payments to the re-insurers, net of commissions and claims ( ) Payments to co-insurers, net of claims recovery 0 Payments of claims Payments of commission and brokerage Payments of other operating expenses Preliminary and pre-operative expenses 0 Deposits, advances and staff loans Income taxes paid (Net)** Service tax paid (1046) Other payments 0 Cash flows before extraordinary items Cash flow from extraordinary operations 0 Net cash flow from operating activities Cash flows from investing activities: Purchase of fixed assets Proceeds from sale of fixed assets 792 Purchases of investments Loans disbursed 0 Sales of investments 0 Repayments received 0 Rents/Interests/ Dividends received Investments in money market instruments and in liquid mutual funds (Net)* (494809) Expenses related to investments 2018 Net cash flow from investing activities Cash flows from financing activities: Proceeds from issuance of share capital 0 Proceeds from borrowing Repayments of borrowing ( ) Increase in Liabilities 0 Interest/dividends paid (83684) Net cash flow from financing activities ( ) Net cash flow from financing activities ( ) Effect of foreign exchange rates on cash and cash equivalents, net 0 Net increase in cash and cash equivalents: Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year *Investments in mutual funds where these are used as parking vehicles pending investment are to be indicated (net).

21 FORM NL-21 STATEMENT OF LIABILITIES Statement of Liabilities FOR THE PERIOD ENDING 31ST MARCH, 2014 As at As at (Rs. in Lakh) Particular Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves 1 Fire 2 Marine a Marine Cargo b Marine Hull 3 Miscellaneous a Motor b Engineering c Aviation d Liabilities e Others 4 Health Insurance 5 Crop Insurance Total Liabilities

22 FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS Gross Direct Premium Underwritten FOR THE PERIOD ENDING 31ST MARCH, 2014 (Rs. in Lakh) STATES Crop Insurance All Other Miscellaneous Grand Total For the FY For the Year Upto the Andhra Pradesh Arunachal Pradesh 0 Assam Bihar Chhattisgarh Goa 1 1 Gujarat Haryana Himachal Pradesh Jammu & Kashmir Jharkhand Karnataka Kerala Madhya Pradesh Maharasthra Manipur Meghalaya 0 0 Mizoram Nagaland 0 Orissa Punjab 0 0 Rajasthan Sikkim 0 0 Tamil Nadu Tripura 0 0 Uttar Pradesh Uttrakhand West Bengal Andaman & Nicobar Is Chandigarh 0 0 Dadra & Nagra Haveli 0 0 Daman & Diu 0 0 Delhi 0 0 Lakshadweep 0 0 Puducherry Total

23 FORM NL-23 REINSURANCE RISK CONCENTRATION Registration No. 126 and Date of Registration with the IRDA: REINSURANCE RISK CONCENTRATION FOR THE PERIOD ENDING 31ST MARCH, 2014 (Rs. in Lakh) Reinsurance Placements No. of reinsurers Premium ceded to reinsurers Proportional Non-Proportional Facultative Premium ceded to reinsurers / Total reinsurance premium ceded (%) 1 No. of Reinsurers with rating of AAA and above No. of Reinsurers with rating AA but less than AAA No. of Reinsurers with rating A but less than AA NIL No. of Reinsurers with rating BBB but less than A No. of Reinsurers with rating less than BBB No. of Indian Reinsurers Total

24 FORM NL-24 AGEING OF CLAIMS AGEING OF CLAIMS FOR THE PERIOD ENDING 31ST MARCH, 2014 LINE OF BUSINESS No. of Claims Paid 1 Month 1-3 Months 3-6 Months 6 Months - 1 Year > 1 Year Total No. of Claims Paid Total Amount of Claims Paid No. of Farmers No. of Farmers No. of Farmers No. of Farmers No. of Farmers No. of Farmers (Rs in Lakh) Crop Insurance

25 FORM NL-25 CLAIM DATA FOR NON-LIFE Registration No. 126 and Date of Registration With the IRDA: CLAIMS DATA FOR THE PERIOD ENDING 31ST MARCH, 2014 Claims Experience CROP INSURANCE No. of Claims (No. of Farmers) 1 CLAIMS O/S AT THE BEGINNING OF THE PERIOD CLAIMS REPORTED DURING THE PERIOD CLAIMS SETTLED DURING THE PERIOD CLAIMS REPUDIATED DURING THE PERIOD CLAIMS CLOSED DURING THE PERIOD CLAIMS O/S AT END OF THE PERIOD LESS THAN 3 MONTHS MONTHS TO 6 MONTHS MONTHS TO 1 YEAR YEAR AND ABOVE

26 FORM NL-26 CLAIMS INFORMATION -KG TABLE I Required Solvency Margin Based on Net Premium and Net Incurred Claims PREMIUM (Rs. in Lakh) Description Gross Premium Net Premium Gross incurred claim Net incurred Claim RSM-1 RSM-2 RSM 1 Fire 2 Marine Cargo 3 Marine Hull 4 Motor 5 Engineering 6 Aviation 7 Laibilities 8 Others-Crop Insurance Health Total

27 FORM NL-27 OFFICES INFORMATION FOR NON-LIFE OFFICES INFORMATION FOR NON-LIFE FOR THE PERIOD ENDING 31ST MARCH, 2014 Office Information Number 1 2 No. of offices at the beginning of the year 22 No. of branches approved during the year No. of branches opened during the year Out of approvals of previous year Out of approvals of this year No. of branches closed during the year 0 No of branches at the end of the year 22 7 No. of branches approved but not opened NA 8 No. of rural branches NA 9 No. of urban branches 22 The above figure includes 1 Head Office at Delhi and 17 Regional Office and 4 One Man Office

28 FORM NL-28-STATEMENT OF ASSETS - 3B Company Name & Code: Statement as on: Statement of Investment Assets (General Insurer, Re-insurers) (Business within India) Periodicity of Submission: Quarterly AGRICULTURE INSUARNCE COMPANY OF INDIA LIMITED, CODE NO ST MARCH 2014 Rs. In Lakh No PARTICULARS SCH AMOUNT 1 Investments Loans Fixed Assets Current Assets a. Cash & Bank Balance b. Advances & Other Assets Current Liabilities a. Current Liabilities b. Provisions c. Misc. Exp not Written Off 15 0 d. Debit Balance of P&L A/c Application of Funds as per Balance Sheet (A) Less: Other Assets SCH AMOUNT 1 Loans (if any) Fixed Assets (if any) Cash & Bank Balance (if any) Advances & Other Assets (if any) Current Liabilities Provisions Misc. Exp not Written Off Debit Balance of P&L A/c TOTAL (B) 'Investment Assets' As per FORM 3B (A-B) No 'Investment' represented as Reg. % SH Balance FRSM + PH Book Value (SH + PH) % Actual FVC Amount Total *Market Value (a) (b) (c) d = (b+c) (e) (d + e) 1 G. Sec. Not less than 20% G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% Investment subject to Exposure Norms 1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% Approved Investments Not exceeding 55% Other Investments (not exceeding 25%) Not exceeding 25% Total Investment Assets % *All securities are considered to be on the basis of 'Held to Maturity'. Certification: Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed Date: Note: (+) FRMS refers 'Funds representing Solvency Margin' (*) Pattern of Investment will apply only to SH funds representing FRMS ( A ) Book Value shall not include funds beyond Solvency Margin Other Investments' are as permitted under Sec 27A(2) and 27B(3)

29 NL-29 IRDA Periodic Disclosures As at FORM NL-29 Detail regarding debt securities MARKET VALUE* as % of total for this class as at Of the previous year Detail Regarding debt securities as % of total for this class As at as % of total for this class BOOK VALUE as at Of the previous year as % of total for this class Break down by credit rating AAA rated * % % % AA or better % % % Rated below AA but above A Rated below A but above B Any other ** % % % Breakdown by Residualmaturity Up to 1 year % % % More than 1 yearand upto 3years % % % More than 3 years and up to 7years % % % More than 7 years and up to 10 years % % % Above 10 years % % % Breakdown by type of the issuer a. Central Government % % % b. State Government % % % c. Corporate Securities % % % (Rs in Lakh) *All securities are considered to be on the basis of 'Held to Maturity'. Page 29 of 41

30 FORM NL-30 ANALYTICAL RATIOS RegistRation No. 126 and Date of RegistRation with the IRDA: ANALYTICAL RATIOS FOR NON-LIFE COMPANIES Particulars Percentage/Ratio 1 Gross Direct Premium Growth Rate 2.96% 27.96% 2 Gross Direct Premium to Net Worth Ratio (In Times)* Growth Rate of Net Worth* 14.26% 24.95% 4 Net Retention Ratio 50.08% 48.38% 5 Net Commission Ratio % % 6 Expenses of Management to Gross Direct Premium Ratio 2.89% 2.37% 7 Expense of Management to Net Written Premium Ratio 5.78% 4.89% 8 Net Incurred Claims to Net Earned Premium % 97.86% 9 Combined Ratio 98.24% 86.82% 10 Technical Reserves to Net Premium Ratio (in Times) Underwriting Balance Ratio (in Times) Operating Profit Ratio 13.70% 25.24% 13 Liquid Assets to Liabilities Ratio (in Times) Net Earnings Ratio 14.62% 21.83% 15 Return on Net Worth* 12.48% 19.96% 16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* NPA Ratio Equity Holding Pattern for Non-Life Insurers 1 (a) No. of shares 2 (b) Percentage of shareholding (Indian / Foreign) 3 ( c) %of Government holding (in case of public sector insurance companies) (a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period 4 (not to be annualized) (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not 5 to be annualized) 6 (iv) Book value per share (Rs) *does not include Rs. 200 crore adhoc payment to Government of India % held by Govt. Corporation/Companies/Bank Note: The ratios are as per the Master Circular No. IRDA/F&I/CIR/F&A/231/10/2012 dated and the subsequent corrigendum issued dated

31 FORM NL-31 RELATED PARTY TRANSACTIONS Agiculture Insurance Company of India Limited Registration No. 126 and Date of Registration with the IRDA: RELATED PARTY TRANSACTIONS FOR THE FINANCIAL YEAR Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories (Rs. in Lakh) Consideration paid 1 General Insurance Corpn of India New India Assurance Company National Insurance Company Shareholder Reinsurance Oriental Insurance Company United India Insurance Company 6632

32 FORM NL-32: Products Information Registration No. 126 and Date of Registration with the IRDA: PRODUCTS INFORMATION AS ON 31ST MARCH, 2014 List below the products and/or add-ons introduced during the period Name of Product Co. Ref. No. IRDA Ref.no. Class of Business* Category of product Date of filing of Product Date IRDA confirmed filing/ approval 1 Community Based Individual Farm Insurance Scheme(CBIFIS) Letter Dt Misc. Crop Insurance Experimented scheme only for trial purpose has been implemented in 5 Dist of AP and Bihar Inormation Submitted 2 Tensio meters Innovative Technology Insurance Scheme Letter Dt Misc. Crop Insurance The product is a part of Research & Development initiation with PAU insuring only 500 farmers Inormation Submitted

33 FORM NL-33 SOLVENCY MARGIN-KGII Registration No. 126 and Date of Registration with the IRDA: SOLVENCY FOR THE YEAR ENDING 31ST MARCH, 2014 AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO Description Notes No. (Rs. in lakh) Amount (1) (2) (3) (4) 1 Available Assets in Policyholders Funds (adjusted value of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 2 Liabilities (reserves as mentioned in Form HG) Other Liabilities (other liabilities in respect of Policyholders Fund as mentioned in Balance Sheet) 4 Excess in Policyholders Funds (1-2-3) ( ) 5 Available Assets in Shareholders Funds (value of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 6 Other Liabilities (other liabilities in respect of Shareholders Fund as mentioned in Balance Sheet) 7 Excess in Shareholders Funds (5-6) Total Available Solvency Margin [ASM] (4+7) Total Required Solvency Margin [RSM] Solvency Ratio (Total ASM/Total RSM) 2.60

34 Name of person Schedule Board of Directors 1 Mr. P. J. Joseph Chairman-cum-Managing Director 2 Mr. R. K. Tiwari Director 3 Mr. Mukesh Khullar Director 4 Mr. K. N. Bhandari Director 5 Mr. Shashank Saksena Director 6 Mr. P K Bhagat Director 7 Mr. S. K. Chanana Director 8 Mr. Kuldip Singh Director 9 Prof. Gopal Naik Director 10 Mr. S. Ramabhadran Director 11 Mr. S. Surenther Director 12 Dr. R. N. Kulkarni Director 13 Dr. A. K. Bhutani Director 14 Mr. Arvind Kumar Director 15 Mr. P. Venkataramiah Director 16 Mr. Anup Wadhawan Director 17 Ms. Asha Nair Director 18 Mr. H.R. Dave Director 17 Mr. G.C. Gaylong Director Key Persons 1 Shri S. Chidambaram Appointed Actuary FORM NL-34 For the period from to Board of Directors and Key Person information Details of change in the period No Change during the reported period of Financial Year Ceased to hold office w.e.f No Change during the reported period of Financial Year No Change during the reported period of Financial Year Ceased to hold office w.e.f Ceased to hold office w.e.f Ceased to hold office w.e.f No Change during the reported period of Financial Year No Change during the reported period of Financial Year No Change during the reported period of Financial Year Ceased to hold office w.e.f Ceased to hold office w.e.f Joined as Director w.e.f Ceased to hold office w.e.f Joined as Director w.e.f Joined as Director w.e.f Joined as Director w.e.f Joined as Director w.e.f Joined as Director w.e.f Ceased to hold office w.e.f

35 FORM NL-35-NON PERFORMING ASSETS-7A Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST MARCH 2014 Details of Investment Portfolio Periodicity of Submission : Quarterly COI Company Name Instrument Type % Interest Rate Has there been revision? Total O/s (Book Value) Default Principal (Book Value) Default Interest (Book Value) Principal Due from Interest Due from Deferred Principal Deferred Interest Rolled Over? Has there been any Principal Waiver? Amount Board Approval Ref Classification Provision (%) Provision (Rs) NIL CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Date: Note: A. Category of Investmet (COI) shall be as per INV/GLN/001/ B. FORM 7A shall be submitted in respect of each 'fund'. C. Classification shall be as per F&A-Circulars-169-Jan-07 Dt

36 FORM NL-36-YIELD ON INVESTMENTS 1 Company Name & Code: AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST MARCH 2014 Statement of Investment and Income on Investment Periodicity of Submission: Quarterly Current Quarter Year to Date Previous Year Rs. Lakhs No. Category of Investment Category Code Investment (Rs.) Income on Investment (Rs.) Income on Gross Yield Net Yield Investment (Rs.) Income on Gross Yield Net Yield Gross Yield Investment Investment Investment (%)¹ (%)² (%)¹ (%)² (%)¹ (Rs.) (Rs.) (Rs.) Book Value Market Value* Book Value Market Value Book Value Market Value A1 CENTRAL GOVERNMENT BONDS CGSB A4 DEPOSIT UNDER SECTION 7 OF INSURANCE ACT, 1938 CDSS A5 TREASURY BILLS CTRB B1 STATE GOVERNMENT BONDS SGGB C5 BONDS / DEBENTURES ISSUED BY HUDCO HTHD Net Yield (%)² C7 BONDS / DEBENTURES ISSUED BY AUTHORITY CONSTITUTED UNDER ANY HOUSING / BUILDING SCHEME APPROVED BY CENTRAL / STATE / ANY AUTHORITY OR BODY CONSTITUTED BY CENTRAL / STATE ACT HTDA C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD D08 D10 INFRASTRUCTURE - PSU - DEBENTURES / BONDS INFRASTRUCTURE - OTHER CORPORATE SECURITIES - DEBENTURES/ BONDS IPTD ICTD D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD E1 PSU - EQUITY SHARES - QUOTED EAEQ E17 DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS (INCL. BANK BALANCE AWAITING INVESTMENT), CCIL, RBI ECDB E2 CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)- QUOTED EACE E23 COMMERCIAL PAPERS ECCP E24 APPLICATION MONEY ECAM E25 PERPETUAL DEBT INSTRUMENTS OF TIER I & II CAPITAL ISSUED BY PSU BANKS EUPD E26 PERPETUAL DEBT INSTRUMENTS OF TIER I & II CAPITAL ISSUED BY NON-PSU BANKS EPPD E30 MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES EGMF E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT F12 EQUITY SHARES (PSUS & UNLISTED) OEPU F14 MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS / LIQUID SECEMES OMGS TOTAL *All securities are considered to be on the basis of 'Held to Maturity'. *Market Values on 31/03/2014 are shown for Current Quarter and Year to Date CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Date: Note: Category of Investment (COI) shall be as per Guidelines 1 To be calculated based on Monthly or lesser frequency 'Weighted Agerage' of Investments 2 Yield netted for Tax 3 FORM-1 shall be prepared in respect of each fund.

37 FORM NL-37-DOWN GRADING OF INVESTMENT-2 Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, Statement as on: 31ST MARCH 2014 Statement of Down Graded Investments Periodicity of Submission: Quarterly CODE NO.126 Rs. Lakhs No Name of the Security COI Amount Date of Purchase Rating Agency Original Grade Current Grade Date of Downgrade Remarks A. During the Quarter ¹ NIL B. As on Date ² CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Date: Note: 1 Provide details of Down Graded Investments during the Quarter. 2 Investments currently upgraded, listed as Down Graded during earlier Quarter shall be deleted from the Cumulative listing. 3 FORM-2 shall be prepared in respect of each fund. 4 Category of Investmet (COI) shall be as per INV/GLN/001/

38 FORM NL-38 ANNUAL BUSINESS RETURNS ACROSS LINE OF BUSINESS Registration No. 126 and Date of Registration with the IRDA: ANNUAL BUSINESS RETURNS ACROSS LINE OF BUSINESS FOR THE YEAR Line of Business (Rs. in Lakh) Current Year Previous Year Premium No. of Policies Premium No. of Policies 1 Fire Cargo & Hull Motor TP Motor OD Engineering Workmen's Compensation Employer's Liability Aviation Personal Accident Health Others* Crop Insurance

39 Line of Business Particular 1 Fire 2 Cargo & Hull 3 Motor TP 4 Motor OD 5 Engineering 6 Workmen's Compensation 7 Employer's Liability 8 Aviation 9 Personal Accident 10 Health 11 Others*Crop Insurance FORM NL-39 RURAL AND SOCIAL OBLIGATIONS Registration No. 126 and Date of Registration with the IRDA: RURAL AND SOCIAL OBLIGATIONS AS ON 31ST MARCH, 2014 No. of Policies Issued Premium Collected Sum Assured Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social * any other segment contributing more than 5% needs to be shown separatly Note-Entire AIC premium is Rural and Social (Rs. in lakh)

40 FORM NL-40 BUSINESS ACQUISITION THROUGH DIFFERENT CHANNELS Channels Business Acquisition through different channels No. of Policies Current Year Previous Year Premium No. of Policies Premium (Rs. in Lakh) (Rs. in Lakh) 1 Individual agents Corporate Agents-Banks Corporate Agents -Others Brokers Micro Agents Direct Business-Bank Service Charges to Banks, as per scheme Total (A) Referral (B) Grand Total (A+B)

41 FORM NL-41 GRIEVANCE DISPOSAL Registration No. 126 and Date of Registration with the IRDA: GRIEVANCE DISPOSAL STATEMENT AS ON 31ST MARCH, 2014 Particulars Opening Balance as on begning of the year Additions during the year Complaints Resolved/setteled during the year Fully Accepted Partial Accepted Rejected Complaints Pending at the end of the year Total Complaints registerd upto the quarter during the financial year 1 Complaints made by customers a) Death claims NIL NIL NIL NIL NIL NIL NIL b) Claim NIL 53 NIL NIL 53 NIL 53 c) Policy Related NIL NIL NIL NIL NIL NIL NIL d) premium NIL NIL NIL NIL NIL NIL NIL e) Refund NIL NIL NIL NIL NIL NIL NIL f) Coverage NIL NIL NIL NIL NIL NIL NIL g) Cover Note related NIL NIL NIL NIL NIL NIL NIL h) Products NIL NIL NIL NIL NIL NIL NIL i) others NIL NIL NIL NIL NIL NIL NIL 2 Total No. of Policies during Previous year 3 Total No. of Claims during Previous year 4 Total No. of Policies during Current year 5 Total No. of Claims during Current year 6 Total No. of Policy Complaints (current year) per 10,000/-policies (current year) Total Number NIL 53 NIL NIL 53 NIL 53 NA NA NA NA NA 7 Total No. of Claims Complaints (Current year ) per 10,000/-claims registered (current year) 8 Duration wise Pending Status Complaints made by the Customer Complaints made by intermediaries Total NA a) up to 7 days NIL NIL NIL b) 7-15 days NIL NIL NIL c) 15-30days NIL NIL NIL d) days NIL NIL NIL e) 90 days & beyond NIL NIL NIL Total Number NIL NIL NIL