Year Ended March 31, 2011

Transcription

1 FORM NL-1-B-RA Name of the Insurer: TATA AIG GENERAL INSURANCE COMPANY LIMITED IRDA Registration No. 108, dated January 22, 2001 REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 Particulars Schedule Year Ended Year Ended (Rs. in '000s) 1 Premiums earned (Net) NL-4- Premium Schedule Fire Marine Miscellaneous Total Fire Marine Miscellaneous Total 200, ,274 6,147,221 7,266, , ,927 5,079,305 5,897,283 2 Profit/ Loss on sale/redemption 5,273 16, , ,360 4,830 11,719 98, ,468 of Investments Others ,783 6, ,709 14,121 16,475 Co-insurance Administration income 1, ,092 3,268 2, ,883 Amortisation of Investments (1,325) (4,090) (29,690) (35,105) (1,399) (3,395) (28,656) (33,450) 4 Interest, Dividend & Rent Gross 40,163 57, , ,024 37,542 42, , ,101 TOTAL (A) 246, ,415 6,851,761 8,088, , ,914 5,637,170 6,551,760 1 Claims Incurred (Net) NL-5- Claims Schedule 2 Commission NL-6- Commissi on Schedule 131, ,710 4,531,924 5,431, , ,351 3,389,194 3,963,730 (246,790) 130, , ,857 (192,837) 14, , ,850 3 Operating Expenses related to Insurance Business NL-7- Operating Expenses Schedule 121, ,653 2,540,159 2,942, , ,171 2,140,668 2,501,551 Contribution towards Solatium Fund 4,320 4, ,355 2,355 4 Premium Deficiency Co-insurance Administration Fees 3, ,819 2, ,425 Motor pool Administration Fees - - 7,238 7,238 9,571 9,571 TOTAL (B) 9,449 1,179,289 7,389,867 8,578,605 42, ,370 5,943,097 6,703,482 Operating Profit/(Loss) from 236,758 (188,874) (538,106) (490,222) 202,661 (48,456) (305,927) (151,722) Fire/Marine/Miscellaneous Business C= (A - B) APPROPRIATIONS Transfer to Shareholders Account 236,758 (188,874) (538,106) (490,222) 202,661 (48,456) (305,927) (151,722) Transfer to Catastrophe Reserve Transfer to Other Reserves (to be specified) TOTAL (C) 236,758 (188,874) (538,106) (490,222) 202,661 (48,456) (305,927) (151,722)

2 FORM NL-1-B-RA Name of the Insurer: TATA AIG GENERAL INSURANCE COMPANY LIMITED IRDA Registration No. 108, dated January 22, 2001 REVENUE ACCOUNT FOR THE QUARTER ENDED MARCH 31, 2011 Particulars Schedule Quarter Ended Quarter Ended (Rs. in '000s) 1 Premiums earned (Net) NL-4- Premium Schedule Fire Marine Miscellaneous Total Fire Marine Miscellaneous Total 45, ,783 1,971,782 2,262,200 50, ,760 1,661,727 1,849,684 2 Profit/ Loss on sale/redemption 47 1,847 21,598 23,492 (33) 467 9,837 10,271 of Investments Others (3) ,198 4,802 Co-insurance Administration income Amortisation of Investments (192) (961) (7,853) (9,006) (320) (900) (8,900) (10,120) 4 Interest, Dividend & Rent Gross 24,513 14, , ,104 23,230 9, , ,021 TOTAL (A) 70, ,937 2,194,620 2,524,793 73, ,380 1,799,225 2,020,127 1 Claims Incurred (Net) NL-5- Claims Schedule 2 Commission NL-6- Commissi on Schedule 25, ,223 1,883,996 2,146,065 (61,289) 95,820 1,043,749 1,078,280 (65,139) 40,351 74,234 49,446 (34,152) 6,548 96,327 68,723 3 Operating Expenses related to Insurance Business NL-7- Operating Expenses Schedule 53,193 40, , ,528 39,391 32, , ,267 Contribution towards Solatium Fund 1,451 1, Premium Deficiency Co-insurance Administration Fees Motor pool Administration Fees - - 3,188 3,188 2,167 2,167 TOTAL (B) 14, ,410 2,644,543 2,976,133 (55,716) 134,988 1,749,476 1,828,748 Operating Profit/(Loss) from 56,056 (57,473) (449,923) (451,340) 129,238 12,392 49, ,379 Fire/Marine/Miscellaneous Business C= (A - B) APPROPRIATIONS Transfer to Shareholders Account 56,056 (57,473) (449,923) (451,340) 129,238 12,392 49, ,379 Transfer to Catastrophe Reserve Transfer to Other Reserves (to be specified) TOTAL (C) 56,056 (57,473) (449,923) (451,340) 129,238 12,392 49, ,379

3 FORM NL-2-B-PL Name of the Insurer: TATA AIG GENERAL INSURANCE COMPANY LIMITED IRDA Registration No. 108, dated January 22, 2001 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2011 Particulars Schedule Year Ended Quarter Ended Year Ended Quarter Ended (Rs. 000) (Rs. 000) (Rs. 000) (Rs. 000) 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance 236,758 56, , ,238 (b) Marine Insurance (188,874) (57,473) (48,456) 12,392 (c ) Miscellaneous Insurance (538,106) (449,923) (305,927) 49,749 2 INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross 231,849 52, ,290 51,656 (b) Profit on sale of investments 65,851 6,097 61,129 3,149 Less: Loss on sale of investments (c) Amortization of Debt Securities (16,546) (3,588) (17,708) (4,850) 3 OTHER INCOME (To be specified) Claims Service Fees 4,852 2,516 3, Interest on Loan to Employees Miscellaneous (474) TOTAL (A) (203,330) (393,160) 117, ,649 4 PROVISIONS (Other than taxation) (a) For diminution in the value of investments (b) For doubtful debts 6,451 6,451 17,553 17,553 (c) Others (to be specified) - - 2,922 2,922 Excess provision of earlier year written back - - (20,334) - 5 OTHER EXPENSES (a) Expenses other than those related to Insurance Business Amortization of Pre-operative Expenditure Donation (Profit) / Loss on Sale / Write off of Fixed Assets (Net) (282) 19 (202) (249) (b) Bad debts written off (c) Others (To be specified) TOTAL (B) 7,175 7, ,364 Profit Before Tax (210,505) (400,546) 117, ,285 Prior Period Adjustments Account Claims Incurred (Reinsurance Ceded) ,000 70,000 Profit / (Loss) Before Tax (210,505) (400,546) 47, ,285 Provision for Taxation (a) Current tax - 4,235 4,477 40,653 (b) Deferred tax (20,076) (84,299) (23,972) (24,322) (c) Fringe benefits tax (d) Adjustment for earlier years (144,591) (144,591) Profit / (Loss) After Tax (45,838) (175,891) 66, ,604 APPROPRIATIONS (a) Interim dividends paid during the year (b) Proposed final dividend (c) Dividend distribution tax (d) Transfer to any Reserves or Other Accounts (to be specified) - Contingency reserve for Unexpired Risks Balance of profit/ loss brought forward from last year 307, , , ,265 Balance carried forward to Balance Sheet 262, , , ,869

4 FORM NL-3-B-BS Name of the Insurer: Tata AIG General Insurance Co. Ltd. IRDA Registration No. 108, dated January 22, 2001 BALANCE SHEET AS AT MARCH 31, 2011 SOURCES OF FUNDS Schedule (Rs. 000) (Rs. 000) SHARE CAPITAL NL-8-Share Capital Schedule 3,650,000 3,000,000 SHARE APPLICATION MONEY PENDING ALLOTMENT - - RESERVES AND SURPLUS NL-10-Reserves and Surplus Schedule 413, ,106 FAIR VALUE CHANGE ACCOUNT (36,205) 110,675 BORROWINGS NL-11-Borrowings Schedule - - DEFERRED TAX LIABILITY - - TOTAL 4,027,063 3,569,781 APPLICATION OF FUNDS INVESTMENTS NL-12-Investment Schedule 13,624,056 8,559,692 LOANS NL-13-Loans Schedule - - FIXED ASSETS NL-14-Fixed Assets Schedule 328, ,258 DEFERRED TAX ASSET 118,868 98,791 CURRENT ASSETS Cash and Bank Balances Advances and Other Assets NL-15-Cash and bank balance Schedule NL-16-Advancxes and Other Assets Schedule 532, ,729 2,271,899 3,209,625 Sub-Total (A) 2,804,210 3,851,354 CURRENT LIABILITIES NL-17-Current Liabilities Schedule 8,379,903 6,206,306 PROVISIONS NL-18-Provisions Schedule 4,468,700 3,027,008 DEFERRED TAX LIABILITY - - Sub-Total (B) 12,848,603 9,233,314 NET CURRENT ASSETS (C) = (A - B) (10,044,393) (5,381,960) MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule - - DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT - - TOTAL 4,027,063 3,569, CONTINGENT LIABILITIES Particulars (Rs. 000) (Rs. 000) 1 Partly paid-up investments Claims, other than against policies, not acknowledged as debts by - - the company 3 Underwriting commitments outstanding (in respect of shares and - - securities) 4 Guarantees given by or on behalf of the Company Statutory demands/ liabilities in dispute, not provided for 105,828 59,580 6 Reinsurance obligations to the extent not provided for in accounts Others (Insurance Claims disputed by the company, to the extent not provided/reserved) 13,207 11,066 TOTAL 119,035 70,646

5 FORM NL-4-PREMIUM SCHEDULE PREMIUM EARNED [NET] TATA AIG GENERAL INSURANCE COMPANY LIMITED (Rs. in '000s) Particulars FIRE MARINE Year Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Premium from direct business written 1,592,931 1,536,285 4,214, ,445 1,250,708 1,107,148 1,303, ,386 44, ,135 8,601,720 11,730,936 Service Tax Adjustment for change in reserve for unexpired risks (12,950) (193,610) (1,111,528) (12,102) (85,455) 49,238 (69,947) (5,180) 18,970 - (56,477) (1,272,481) (1,479,041) Gross Earned Premium 1,579,981 1,342,675 3,103,174 92,343 1,165,253 1,156,386 1,233, ,206 63, ,658 7,329,239 10,251,895 Add: Premium on reinsurance accepted 272, , ,916 41,493 7, ,025,914 1,298,495 Less : Premium on reinsurance ceded 1,677, , ,643 18, , , , ,797 23,037-41,083 2,254,083 4,274,116 Net Premium 188,005 1,193,759 4,457,446 85,545 1,116, , ,866 19,082 28, ,052 7,373,551 8,755,315 Adjustment for change in reserve for unexpired risks 12,429 (274,485) (1,048,802) (10,861) (76,754) (5,526) (58,787) (1,295) 20,275 - (44,580) (1,226,330) (1,488,386) Premium Earned (Net) 200, ,274 3,408,644 74,684 1,039, , ,079 17,787 48, ,472 6,147,221 7,266,929 (Rs. in '000s) Particulars FIRE MARINE Year Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Premium from direct business written 1,434,028 1,151,076 2,297,520 77,138 1,018, ,000 1,228, ,612 76,062-84,588 5,952,880 8,537,984 Service Tax Adjustment for change in reserve for unexpired risks 24,130 (45,270) (128,756) (7,262) 156,798 (136,233) (80,859) (9,022) 2,325 - (26,231) (229,240) (250,380) Gross Earned Premium 1,458,158 1,105,806 2,168,764 69,876 1,175, ,767 1,147, ,590 78,387-58,357 5,723,640 8,287,604 Add: Premium on reinsurance accepted 153, ,817 1,963 24,081 11, ,899 48,002 8,752-5,874 1,025,428 1,178,563 Less : Premium on reinsurance ceded 1,410, , ,187 11, , , , ,405 41,466-14,180 1,999,663 3,916,518 Net Premium 176, ,767 2,709,150 67, , , ,527 11,209 43,348-76,282 4,978,645 5,800,029 Adjustment for change in reserve for unexpired risks 24,434 (27,840) 35,096 (3,065) 166,013 (35,819) (48,758) (3,899) (5,341) - (3,567) 100,660 97,254 Premium Earned (Net) 201, ,927 2,744,246 64,104 1,080, , ,769 7,310 38,007-72,715 5,079,305 5,897,283 (Rs. in '000s) Particulars FIRE MARINE Quarter Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Premium from direct business written 284, ,144 1,415,517 26, , , ,174 54,234 8,395-85,999 2,437,605 3,117,449 Service Tax Adjustment for change in reserve for unexpired risks 125,572 (69,480) (449,777) 195 (13,473) 212,224 24,166 27,050 3,501 - (7,762) (203,876) (147,784) Gross Earned Premium 410, , ,740 26, , , ,340 81,284 11,896-78,237 2,233,729 2,969,665 Add: Premium on reinsurance accepted 31, , ,024 7, , ,191 Less : Premium on reinsurance ceded 282,391 63, ,885 5,204 33,098 30, ,536 57,409 5,468-18, , ,042 Net Premium 33, ,474 1,549,019 21, , , ,662 4,275 2,927-67,554 2,275,485 2,640,598 Adjustment for change in reserve for unexpired risks 11,996 (86,691) (473,110) 125 (13,307) 199,759 (17,571) 538 4,206 - (4,343) (303,703) (378,398) Premium Earned (Net) 45, ,783 1,075,909 21, , , ,091 4,813 7,133-63,211 1,971,782 2,262,200 (Rs. in '000s) Particulars FIRE MARINE Quarter Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Premium from direct business written 299, , ,695 63, , , ,904 72,155 11,561-32,700 1,651,450 2,233,391 Service Tax Adjustment for change in reserve for unexpired risks 75,509 4,199 (62,471) (11,956) 72,758 16,605 55,365 27,371 7,050 - (8,197) 96, ,233 Gross Earned Premium 374, , ,224 51, , , ,269 99,526 18,611-24,503 1,747,975 2,409,624 Add: Premium on reinsurance accepted 21, ,559 1,963 24,081 11,040 9,313 7,616 2,767-5, , ,077 Less : Premium on reinsurance ceded 273, , ,846 5,637 35,251 91, ,118 76,815 11,218-4, , ,419 Net Premium 48, , ,408 59, , ,150 78,099 2,956 3,110-34,099 1,526,875 1,733,049 Adjustment for change in reserve for unexpired risks 2,082 (20,299) (39,905) (10,520) 78,971 81,525 19,538 1,384 6,008 - (2,149) 134, ,635 Premium Earned (Net) 50, , ,503 48, , ,675 97,637 4,340 9,118-31,950 1,661,727 1,849,684

6 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-5 - CLAIMS SCHEDULE CLAIMS INCURRED [NET] (Rs. in '000s) Particulars FIRE MARINE Year Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Claims paid - Direct 560, ,618 1,618,212 13, , , , ,013 52, ,198 3,254,677 4,772,468 Add Claims Outstanding at the end of the period 164, ,589 4,180,451 41, , , ,069 65,180 43,080-40,925 5,294,077 6,006,240 Less Claims Outstanding at the beginning of the year 136, ,120 2,664,259 28, , , ,193 57,394 38,790-7,145 3,764,657 4,312,193 Gross Incurred Claims 588,331 1,094,087 3,134,404 26, , , , ,799 56, ,978 4,784,097 6,466,515 Add :Re-insurance accepted to direct claims 36, , ,412 5, , , ,059 Less :Re-insurance Ceded to claims paid 493, , ,286 1,340 27,198 80, , ,027 31,714-12, ,260 1,680,435 Net Claims 131, ,710 3,462,905 25, , , ,941 16,867 25, ,405 4,531,924 5,431,139 (Rs. in '000s) Particulars FIRE MARINE Year Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Claims paid - Direct 529, ,754 1,101,480 14, , ,371 22, ,395 8,746-26,483 2,214,074 3,414,394 Add Claims Outstanding at the end of the period 71, ,120 2,664,259 28, , , ,193 57,394 38,790-7,145 3,764,657 4,246,943 Less Claims Outstanding at the beginning of the year 65, ,060 1,810,723 22, , , ,939 25,120 3,946-6,312 2,407,137 2,771,110 Gross Incurred Claims 534, ,814 1,955,016 20, , , , ,669 43,590-27,316 3,571,594 4,890,227 Add :Re-insurance accepted to direct claims 17,189 1, ,821 3,833 8,787 30,562 3, , , ,862 Less :Re-insurance Ceded to claims paid 449, , ,176 1,626 30,598 49,477 2, ,901 1,300-2, ,290 1,353,359 Net Claims 102, ,351 2,140,661 22, , , ,085 47,770 42,290-38,581 3,389,194 3,963,730 (Rs. in '000s) Particulars FIRE MARINE Quarter Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Claims paid - Direct 181, , ,740 4,247 62, ,557 51,534 14, , ,787 1,288,552 Add Claims Outstanding at the end of the quarter 164, ,589 4,180,451 41, , , ,069 65,180 43,080-40,925 5,294,077 6,006,240 Less Claims Outstanding at the beginning of the quarter 174, ,801 2,770,003 37, , , ,885 67,295 58,627-22,173 3,752,721 4,422,614 Gross Incurred Claims 172, ,663 1,925,188 7,865 75, , ,718 12,185 (15,149) - 65,167 2,371,143 2,872,178 Add :Re-insurance accepted to direct claims (288,588) (288,376) (287,512) Less :Re-insurance Ceded to claims paid 147,390 92,440 76, ,199 19,591 77,989 12, , , ,601 Net Claims 25, ,223 1,560,058 7,433 69, ,300 45,851 (553) (15,188) - 60,016 1,883,996 2,146,065 (Rs. in '000s) Particulars FIRE MARINE Quarter Ended MISCELLANEOUS Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Claims paid - Direct 131, , ,692 6,795 68,069 85,715 11, , , , ,330 Add Claims Outstanding at the end of the quarter 71, ,120 2,664,259 28, , , ,193 57,394 38,790-7,145 3,764,657 4,246,943 Less Claims Outstanding at the beginning of the quarter 153, ,155 1,918,486 19, , , ,746 51,847 21,814-7,485 2,790,880 3,357,119 Gross Incurred Claims 49, ,395 1,045,465 15,597 93,652 97, , ,882 16,982-11,915 1,600,435 1,853,154 Add :Re-insurance accepted to direct claims 93 - (376,155) 2,647 4,207 9,311 2, ,240 (352,867) (352,774) Less :Re-insurance Ceded to claims paid 110, ,575 47, ,711 9,765 1, , , , ,100 Net Claims (61,289) 95, ,253 17,544 89,148 97, ,826 12,890 16,981-14,857 1,043,749 1,078,280

7 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-6-COMMISSION SCHEDULE (Rs. in '000s) Particulars FIRE MARINE MISCELLANEOUS Year Ended Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Commission Paid - Direct 89, , ,281 8, ,316 59, ,038 15,375 6,025-3, , ,751 Add: Reinsurance accepted 35, , ,379 5,588 1,530 - (798) 57,381 92,969 Less : Reinsurance ceded 371,803 51,259 70,500 1,829 18,778 39,357 37,238 92, , , ,863 Net Commission (246,790) 130, ,537 6,619 86,197 19, ,179 (71,490) 7,109 - (4,371) 305, ,857 Break up of Gross Commission Agents 23,572 44, ,280 3,227 22,553 22,659 11,629 3,897 2,724-1, , ,491 Brokers 63, ,436 34,240 5,093 23,068 14, ,067 11,414 3, , ,588 Corporate Agents 2,580 3,474 30, ,695 21, , ,138 Referral - - 1, ,014 2,534 2,534 89, , ,281 8, ,316 59, ,038 15,375 6,025-3, , ,751 (Rs. in '000s) Particulars FIRE MARINE MISCELLANEOUS Year Ended Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Commission Paid - Direct 84, , ,958 5,848 96,198 47, ,722 14,394 10,874-2, , ,414 Add: Reinsurance accepted 19, ,441 4,186 5,436 13,702 14,323 4,201 2,052-7, , ,617 Less : Reinsurance ceded 296, ,859 58,805 1,470 17,874 36,266 27,368 76, , , ,181 Net Commission (192,837) 14, ,594 8,564 83,760 25, ,677 (57,630) 12,027-7, , ,850 Break up of Gross Commission Agents 22,768 35,522 67,563 2,604 20,111 21,628 10,025 3,680 4,329-1, , ,079 Brokers 59,947 96,022 14,213 3,198 17,196 11, ,884 11,650 6, , ,291 Corporate Agents 1,471 5,053 30, ,891 14, (936) , ,044 Referral , , ,958 5,848 96,198 47, ,722 14,394 10,874-2, , ,414 (Rs. in '000s) Particulars FIRE MARINE MISCELLANEOUS Quarter Ended Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Commission Paid - Direct 18,579 46,886 56,117 1,989 22,862 11,695 36,243 3,987 1,260-1, , ,626 Add: Reinsurance accepted (733) 154 7, ,299 1, ,285 19,706 Less : Reinsurance ceded 82,985 6,689 18, ,643 6,112 6,535 43, ,853 81, ,886 Net Commission (65,139) 40,351 45,417 1,548 18,219 5,583 41,007 (37,871) 1,176 - (845) 74,234 49,446 Break up of Gross Commission Agents 5,478 11,555 34, ,091 4,921 4, ,332 67,365 Brokers 12,572 34,505 13,513 1,225 5,011 3,043 32,117 3, , ,637 Corporate Agents , ,760 3, ,502 26,857 Referral ,579 46,886 56,117 1,989 22,862 11,695 36,243 3,987 1,259-1, , ,625 (Rs. in '000s) Particulars FIRE MARINE MISCELLANEOUS Quarter Ended Motor Workmen's Personal Health Compensation Accident Insurance Liability Engineering Trade Credit Aviation Others Total Grand Total Commission Paid - Direct 23,571 34,231 33,616 5,185 23,896 10,510 23,076 6,543 1, , ,107 Add: Reinsurance accepted 3,530-62, ,777 3,709 5, ,723 77,632 81,162 Less : Reinsurance ceded 61,253 27,683 17,983 1,187 5,081 24,231 3,895 33, ,032 86, ,546 Net Commission (34,152) 6,548 78,128 4,214 20,592 (10,012) 24,581 (25,932) 2,184-2,572 96,327 68,723 Break up of Gross Commission Agents 5,787 9,563 19, ,930 4,184 3,487 1,155 1, ,269 50,619 Brokers 16,835 23,033 4,136 1,072 4,382 2,531 22,741 5, ,638 80,506 Corporate Agents 949 1,635 9, ,584 3, ,398 31,982 Referral ,571 34,231 33,616 1,752 23,896 10,510 26,509 6,543 1, , ,107

8 FORM NL-7-OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS FIRE MARINE MISCELLANEOUS FIRE MARINE Motor Workmen's Compensation Personal Accident Health Insurance (Rs. in '000s) Year Ended Liability Engineering Trade Credit Aviation Others Total Grand Total Employees remuneration and welfare benefits 57, , ,378 23, ,058 93, ,177 35,887 21,969-48, , ,117 Travel, conveyance and vehicle running expenses 2,511 4,193 8, ,033 3,447 4,218 2, ,776 26,571 33,275 Training expenses , , ,432 7,941 Rents, rates and taxes 16,059 41, ,096 4,586 78,153 65,246 32,616 8,166 4,727-9, , ,721 Repairs 1,153 4,224 11, ,889 3,257 3, ,454 29,831 Printing and Stationery 1,438 4,456 12, ,305 6,154 3, ,728 34,197 40,091 Communication 2,812 10,736 30,008 1,160 13,823 11,522 8, ,371 69,499 83,047 Legal and Professional charges 13,814 42, ,093 4, ,213 93,560 21,933 17,760 3,695-34, , ,604 Auditors' fees, expenses etc ,328 4,160 Advertisement and publicity 2,715 6, , ,611 34,607 2,864 1, , , ,403 Interest and Bank Charges 1,120 1,120 1,120 1,120 14,641 12,321 1,120 1,120 1,120-1,120 33,682 35,922 Others: - - Direct Telemarketing costs 625 2,794 8, ,540 78,317 2, , , ,818 Outsourced Operations costs Agents Training 430 1,732 5, ,464 1,215 1, ,963 12,125 Business Development Expenses 876 1,555 17, ,808 2, ,402 25,833 Foreign Exchange (Gain) / Loss 4, ,592 11,653 Information Technology Expenses 6,369 14,089 32,737 4,844 13,233 11,668 12,390 4,368 4,482-5,772 89, ,952 Miscellaneous Expenses 2,145 10,130 7,514 1,657 5,153 4,544 2,570 1,681 1,525-2,478 27,122 39,397 Depreciation/ Amortisation 6,448 18,515 43,219 2,364 15,826 13,342 15,661 3,182 2,036-5, , ,342 Total 121, ,653 1,054,191 48, , , ,011 80,420 44, ,304 2,540,159 2,942,232 FIRE MARINE MISCELLANEOUS FIRE MARINE Motor TATA AIG GENERAL INSURANCE COMPANY LIMITED Workmen's Compensation Personal Accident Health Insurance (Rs. in '000s) Quarter Ended Liability Engineering Trade Credit Aviation Others Total Grand Total Employees remuneration and welfare benefits 26,048 16,816 18,459 22,162 15,628 12,095 47,719 22,168 18,363-24, , ,911 Travel, conveyance and vehicle running expenses 1, , ,880 1, ,260 8,926 11,202 Training expenses 453 (42) (695) ,819 2,230 Rents, rates and taxes 5, ,391 4,316 16,109 11,291 13,948 4,622 3,464-3, , ,283 Repairs , , ,166 6,228 Printing and Stationery 864 1,245 2, ,905 1,458 1, ,329 11,555 13,664 Communication 1,044 1,339 4,357 1,038 1, , ,259 15,642 Legal and Professional charges 6,408 7,567 85,316 4,316 30,709 22,683 9,177 7,205 3,357 - (6,367) 156, ,371 Auditors' fees, expenses etc. 337 (25) (793) 410 (13) ,001 1,313 Advertisement and publicity 948 1,263 59, ,415 10,957 1, (3,725) 84,943 87,154 Interest and Bank Charges 898 (109) (2,256) 1,103 (17,718) (15,819) 492 1,098 1, (31,071) (30,282) Others: Direct Telemarketing costs 353 1,286 3, ,100 31,844 1, ,199 85,771 87,410 Outsourced Operations costs Agents Training 62 (93) (160) (197) Business Development Expenses , (218) 1 - (1,022) 6,658 6,739 Foreign Exchange (Gain) / Loss 677 (40) (1,622) 827 (30) ,869 2,506 Information Technology Expenses 3, (4,022) 4,663 (84) 87 5,544 4,097 4,083-3,848 18,216 22,873 Miscellaneous Expenses 1,109 5,511 (4,862) 1,616 1,448 1, , ,480 3,813 10,433 Depreciation/ Amortisation 2,616 3,204 6,958 2,206 2,197 1,490 7,184 1,744 1,527-2,385 25,691 31,511 Total 53,193 40, ,689 46, ,405 79,114 98,760 47,326 37,413-38, , ,528

9 FORM NL-7-OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS FIRE MARINE MISCELLANEOUS FIRE MARINE Motor TATA AIG GENERAL INSURANCE COMPANY LIMITED Workmen's Compensation Personal Accident Health Insurance (Rs. in '000s) Year Ended Liability Engineering Trade Credit Aviation Others Total Grand Total Employees remuneration and welfare benefits 63,086 88, ,339 24, ,306 85, ,596 31,028 25,820-36, , ,377 Travel, conveyance and vehicle running expenses 2,513 2,974 6, ,975 3,042 4,145 1, ,016 23,205 28,692 Training expenses ,244 6,639 Rents, rates and taxes 17,618 42, ,268 5,121 67,882 50,663 33,772 9,004 7,287-7, , ,572 Repairs 1,051 2,403 6, ,149 2,331 3, ,582 20,036 Printing and Stationery 1,124 2,652 8, ,680 4,954 3, ,966 25,924 29,700 Communication 3,398 8,578 24, ,739 11,514 11, ,338 67,639 79,615 Legal and Professional charges 12,341 29, ,999 4,113 75,187 55,936 19,809 13,970 4,040-43, , ,291 Auditors' fees, expenses etc ,104 3,882 Advertisement and publicity 2,179 3,910 58, ,491 17,413 2,403 1, , , ,515 Interest and Bank Charges (1,704) (1,704) (1,703) (1,704) 26,324 18,814 (1,704) (1,704) (1,704) - (1,704) 34,915 31,507 Others: - - Direct Telemarketing costs 4,052 4,051 68,249 4,051 89,789 66,811 4,051 4,051 4,051-19, , ,632 Outsourced Operations costs 5,466 14,479 43,423 1,541 20,197 14,785 20, ,629-1, , ,334 Agents Training , ,917 1, ,025 9,622 Business Development Expenses , ,706 1, (9) ,060 13,335 Foreign Exchange (Gain) / Loss , ,946 8,300 Information Technology Expenses 6,364 9,408 18,827 4,994 11,297 9,472 11,413 4,698 5,023-5,249 70,973 86,745 Miscellaneous Expenses 1,444 5,207 5,455 1,270 3,212 2,651 3,292 1,214 1,270-1,322 19,686 26,337 Depreciation/ Amortisation 8,287 15,242 35,191 2,750 17,099 13,004 18,145 3,925 2,797-4,980 97, ,420 Total 129, , ,288 51, , , ,236 73,958 54, ,887 2,140,668 2,501,551 FIRE MARINE MISCELLANEOUS FIRE MARINE Motor Workmen's Compensation Personal Accident Health Insurance (Rs. in '000s) Quarter Ended Liability Engineering Trade Credit Aviation Others Total Grand Total Employees remuneration and welfare benefits 22,233 12,342 21,961 23,340 14,660 15,679 11,182 22,225 19,042 (6,778) 36, , ,411 Travel, conveyance and vehicle running expenses 1, , , (194) 2,016 7,957 9,754 Training expenses (437) 431 (56) (59) 578 1,458 1,791 Rents, rates and taxes 1,742 8,217 (821) 4,808 (5,112) (2,969) 6,273 5,556 5,715 (1,572) 7,143 19,021 28,980 Repairs , , (168) 455 6,087 7,243 Printing and Stationery , ,919 1, (177) 1,966 8,326 9,483 Communication 697 1,330 6, ,398 2,446 1, (816) 1,338 15,198 17,225 Legal and Professional charges 4,416 6,039 62,135 3,891 32,579 24,630 1,425 6,536 2,926 (1,114) 43, , ,875 Auditors' fees, expenses etc (525) 379 (68) 53 (153) (44) ,053 Advertisement and publicity 2,013 3,178 45, ,550 7,905 1,613 1, (68) 1,078 69,339 74,530 Interest and Bank Charges (2,670) (4,405) (8,702) (1,771) (1,424) (1,573) (5,855) (1,775) (2,038) (334) (1,704) (25,176) (32,251) Others: Direct Telemarketing costs 1,784 (2,288) 40,934 3,895 24,973 19,188 (5,692) 3,884 3,266 (785) 19, , ,635 Outsourced Operations costs (438) (2,026) 651 1,134 (1,187) (927) (4,737) 61 (414) (2,043) 1,689 (5,773) (8,237) Agents Training (6) (64) 60 1,330 1,419 Business Development Expenses (265) 285 1, ,002 (378) ,860 4,880 Foreign Exchange (Gain) / Loss (1,036) 673 (175) 56 (374) 2, (83) 692 2,425 2,857 Information Technology Expenses 3,543 1,559 (1,408) 4,804 1,237 2,080 (480) 4,451 4,071 (952) 5,249 19,052 24,154 Miscellaneous Expenses 560 2,707 (653) 1, (324) 1, (279) 1,322 3,826 7,093 Depreciation/ Amortisation 2,879 3,314 8,629 2,557 3,548 3,047 3,141 2,313 1,831 (966) 4,980 29,080 35,273 Total 39,391 32, ,959 48,233 87,525 73,535 12,051 49,715 38,605 (16,352) 126, , ,168

10 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-8-SHARE CAPITAL SCHEDULE SHARE CAPITAL Particulars (Rs. 000). (Rs. 000). 1 Authorised Capital 450,000,000 (Previous Year : 450,000,000) Equity 4,500,000 4,500,000 Shares of Rs.10 each 2 Issued Capital 365,000,000 (Previous Year : 300,000,000) Equity 3,650,000 3,000,000 Shares of Rs.10 each 3 Subscribed Capital 365,000,000 (Previous Year : 300,000,000) Equity 3,650,000 3,000,000 Shares of Rs.10 each 4 Called-up Capital 365,000,000 (Previous Year : 300,000,000) Equity 3,650,000 3,000,000 Shares of Rs.10 each Less : Calls unpaid - - Add : Equity Shares forfeited (Amount originally - - paid up) Less : Par Value of Equity Shares bought back - - Less : Preliminary Expenses - - Expenses including commission or brokerage on Underwriting or subscription of shares TOTAL 3,650,000 3,000,000

11 FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE SHARE CAPITAL TATA AIG GENERAL INSURANCE COMPANY LIMITED PATTERN OF SHAREHOLDING [As certified by the Management] Shareholder Number of Shares % of Holding Number of Shares % of Holding Promoters Indian - Tata Sons Limited 270,100,000 74% 222,000,000 74% Foreign - CHARTIS MEMSA Holdings Inc. (Formerly Known as AIG Memsa Holdings Inc.) 94,900,000 26% 78,000,000 26% Others TOTAL 365,000, % 300,000, %

12 FORM NL-10-RESERVE AND SURPLUS SCHEDULE RESERVES AND SURPLUS Particulars TATA AIG GENERAL INSURANCE COMPANY LIMITED (Rs. 000). (Rs. 000). 1 Capital Reserve Capital Redemption Reserve Share Premium General Reserves 151,237 - Less: Debit balance in Profit and Loss Account - - Less: Amount utilized for Buy-back Catastrophe Reserve Contingency reserve for Unexpired Risks - 151,237 6 Other Reserves (to be specified) Balance of Profit in Profit & Loss Account 262, ,869 TOTAL 413, ,106

13 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-11-BORROWINGS SCHEDULE BORROWINGS Particulars (Rs. 000). (Rs. 000). 1 Debentures/ Bonds Banks Financial Institutions Others (to be specified) - - TOTAL - -

14 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-12-INVESTMENT SCHEDULE Investments Particulars (Rs. 000). (Rs. 000). LONG TERM INVESTMENTS 1 Government securities and Government 5,456,969 3,805,770 guaranteed bonds including Treasury Bills 2 Other Approved Securities 2,402,039 1,297,907 3 Other Investments (a) Shares (aa) Equity - - (bb) Preference - - ( b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds 20,249 20,449 (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Investment Properties-Real Estate Investments in Infrastructure and Social Sector 3,415,391 2,126,124 5 Other than Approved Investments - - SHORT TERM INVESTMENTS 1 Government securities and Government 125, ,110 guaranteed bonds including Treasury Bills 2 Other Approved Securities 1,993,271 1,159,675 3 Other Investments (a) Shares (aa) Equity 11,001 - (bb) Preference - - (b) Mutual Funds - - (a) Derivative Instruments - - (b) Debentures/ Bonds - - (c) Other Securities (to be specified) - - (d) Subsidiaries - - (e) Investment Properties-Real Estate Investments in Infrastructure and Social Sector 200,100 49,657 5 Other than Approved Investments - - TOTAL 13,624,056 8,559,692

15 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-13-LOANS SCHEDULE LOANS Particulars (Rs. 000). (Rs. 000). 1 SECURITY-WISE CLASSIFICATION Secured (a) On mortgage of property (aa) In India - - (bb) Outside India - - (b) On Shares, Bonds, Govt. Securities - - (c) Others (to be specified) - - Unsecured - - TOTAL BORROWER-WISE CLASSIFICATION (a) Central and State Governments - - (b) Banks and Financial Institutions - - (c) Subsidiaries - - (d) Industrial Undertakings - - (e) Others (to be specified) - - TOTAL PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India - - (bb) Outside India - - (b) Non-performing loans less provisions (aa) In India - - (bb) Outside India - - TOTAL MATURITY-WISE CLASSIFICATION (a) Short Term - - (b) Long Term - - TOTAL - -

16 FORM NL-14-FIXED ASSETS SCHEDULE TATA AIG GENERAL INSURANCE COMPANY LIMITED FIXED ASSETS Particulars Opening (Rs. 000) Cost/ Gross Block Depreciation Net Block Deductions/A Closing Up to Last Year For The On Sales/ To Date djustments Period Adjustments Additions/ Adjustments Goodwill Intangibles (specify) 303, , , ,663 39, , ,041 65,586 Land-Freehold Leasehold Property 151,355 21,954 11, , ,366 16,311 11, ,973 42,588 36,989 Buildings Furniture & Fittings 61, ,693 46,811 4,529-51,340 11,353 15,101 Information Technology 352,444 6,053 10, , ,885 46,442 8, ,495 77, ,559 Equipment Vehicles 15,895 5,056 1,146 19,805 10,077 2,410 1,023 11,464 8,341 5,818 Office Equipment 108,842 4,667 9, ,192 63,719 17,152 7,254 73,617 30,575 45,123 Others (Specify nature) TOTAL 993, ,464 32,494 1,104, , ,342 28, , , ,176 Work in progress ,915 5,082 Grand Total 993, ,464 32,494 1,104, , ,342 28, , , ,258 PREVIOUS YEAR 939, ,061 90, , , ,420 83, , ,258

17 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-15-CASH AND BANK BALANCE SCHEDULE CASH AND BANK BALANCES Particulars (Rs. 000) (Rs. 000) 1 Cash (including cheques, drafts and 240, ,655 stamps) 2 Bank Balances (a) Deposit Accounts (aa) Short-term (due within months) (bb) Others (b) Current Accounts 291, ,670 (c) Others (to be specified) Money at Call and Short Notice (a) With Banks - - (b) With other Institutions Others (to be specified) - - TOTAL 532, ,729 Balances with non-scheduled banks included in 2 and 3 above

18 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS Particulars (Rs. 000). (Rs. 000). ADVANCES 1 Reserve deposits with ceding companies Application money for investments Prepayments 54,516 32,165 4 Advances to Directors/Officers Advance tax paid and taxes deducted at source (Net of provision for taxation) 166,339 17,965 6 Others Advance to Employees 2,412 1,479 Advance to Suppliers 13,113 10,269 Claims Recoverable 8,908 13,452 TOTAL (A) 245,288 75,330 OTHER ASSETS 1 Income accrued on investments 435, ,304 2 Outstanding Premiums 74, ,412 3 Agents Balances 10,069 16,072 4 Foreign Agencies Balances Due from other entities carrying on insurance business (including reinsurers) 1,209,569 2,438,330 6 Due from subsidiaries/ holding Deposit with Reserve Bank of India - - [Pursuant to section 7 of Insurance Act, 1938] 8 Others Salvage and Subrogation (1) 181 Deposits for Office Premises 114, ,349 Deposit for Office Premises jointly with Tata AIG Life Insurance Company Limited - - Deposits with Telecom Authorities and Housing Deposits for employees 5,131 3,906 Earnest Money Deposit 1,500 1,450 Other Deposits 44,245 44,245 Balance due from AIG entities 10,129 11,692 Balance due from Tata AIG Life Insurance - 1,303 Company Limited Service tax unutilised credit 111, ,495 Receivable from Service Providers 9,784 9,556 TOTAL (B) 2,026,611 3,134,295 TOTAL (A+B) 2,271,899 3,209,625

19 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-17-CURRENT LIABILITIES SCHEDULE CURRENT LIABILITIES Particulars (Rs. 000). (Rs. 000). 1 Agents Balances 44,120 47,194 2 Balances due to other insurance companies (including. reinsurers) 622, ,573 3 Deposits held on re-insurance ceded Premiums received in advance 1,069, ,780 5 Unallocated Premium 36,969 98,099 6 Sundry creditors 428, ,644 7 Due to subsidiaries/ holding company Claims Outstanding 6,006,240 4,312,193 9 Due to Officers/ Directors 10 Others (to be specified) Unclaimed Amount of Policyholders 66,221 64,876 Due to AIG entities - - Due to Tata AIG Life Insurance 2,508 - Company Limited Deposit from Service Providers 43,506 43,398 Other Deposits Accepted 7,056 7,056 Due to Environment Relief Fund Due to Solatium Fund 4,625 2,602 Due to Statutory Authorities 41,716 29,753 Payable on purchase of investments Service Tax Liability 5, TOTAL 8,379,903 6,206,306

20 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-18-PROVISIONS SCHEDULE PROVISIONS Particulars (Rs. 000). (Rs. 000). 1 Reserve for Unexpired Risk 4,431,122 2,942,746 2 For taxation (less advance tax paid and 34,656 81,340 taxes deducted at source) 3 For proposed dividends For dividend distribution tax Others (for unrealised cheques) 2,922 2,922 6 Reserve for Premium Deficiency - - TOTAL 4,468,700 3,027,008

21 TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-19 MISC EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE (To the extent not written off or adjusted) Particulars 1 Discount Allowed in issue of shares/ debentures (Rs. 000). (Rs. 000) Others (to be specified) - - TOTAL - -

22 FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE Format of Receipts and Payments A/c for the year ended (Rs in '000's) Cash Flows from the operating activities: Premium received from policyholders, including advance receipts 13,843,408 Other receipts 314 Payments to the re-insurers, net of commissions and claims 52,678 Payments to co-insurers, net of claims recovery (219,742) Payments of claims (4,958,089) Payments of commission and brokerage (752,505) Payments of other operating expenses (3,107,819) Preliminary and pre-operative expenses - Deposits, advances and staff loans 10,459 Income taxes paid (Net) (49,007) Service tax paid (1,035,137) Other payments - Cash flows before extraordinary items 3,784,561 Cash flow from extraordinary operations - Net cash flow from operating activities 3,784,561 Cash flows from investing activities: Purchase of fixed assets (156,628) Proceeds from sale of fixed assets 3,963 Purchases of investments (145,410,649) Loans disbursed - Sales of investments 140,386,257 Repayments received - Rents/Interests/ Dividends received 626,021 Investments in money market instruments and in liquid mutual funds (Net)* - Expenses related to investments - Net cash flow from investing activities (4,551,036) Cash flows from financing activities: Proceeds from issuance of share capital 650,000 Proceeds from borrowing - Repayments of borrowing - Interest/dividends paid - Net cash flow from financing activities 650,000 Effect of foreign exchange rates on cash and cash equivalents, net Net increase in cash and cash equivalents: (116,476) Cash and cash equivalents at the beginning of the year 646,630 Cash and cash equivalents at the end of the year 530,154

23 PERIODIC DISCLOSURES FORM NL-21 Insurer: Tata AIG General Insurance Co. Ltd. Date: 31-Mar-2011 (Rs in Lakhs) Statement of Liabilities Sl.No. Particular Reserves for Reserve for Reserves for Reserve for Outstanding IBNR Reserves Total Reserves unexpired risks Outstanding Claims unexpired risks Claims IBNR Reserves Total Reserves 1 Fire 1,475 1, ,120 1,599 1, ,963 2 Marine 5,969 4,252 1,224 11,445 3,224 2,812 1,299 7,335 a Marine Cargo 5,969 4,252 1,224 11,445 3,224 2,812 1,299 7,335 b Marine Hull Miscellaneous 30,779 24,650 23,642 79,071 19,339 19,106 14,017 52,462 a Motor 24,422 21,683 20,122 66,226 13,934 15,524 11,119 40,576 b Engineering c Aviation d Liability 5,330 2,100 2,895 10,325 4,633 2,986 2,461 10,080 e Others , ,135 4 Health Insurance 6,088 2,555 2,094 10,738 5,265 2,633 1,891 9,789 5 Total Liabilities 44,311 32,628 27, ,374 29,427 25,570 17,552 72,549 Note Figures including Motor Pool

24 FORM NL-22 Geographical Distribution of Business PERIODIC DISCLOSURES Insurer: TATA AIG General Insurance Company Limited GROSS DIRECT PREMIUM UNDERWRITTEN FOR THE QUARTER: March 2011 Date: 31-Mar-2011 (Rs in Lakhs) STATES Fire Marine (Cargo) Marine (Hull) Engineering Motor Own Damage Motor Third Party Liability insurance Personal Accident Medical Insurance Overseas medical Insurance Crop Insurance All Other Miscellaneous Grand Total For the Upto the For the Upto the For the Upto the For the Upto the For the Upto the For the Upto the Andhra Pradesh 129 1, , , ,278 6,385 Arunachal Pradesh Assam Bihar Chhattisgarh Goa Gujarat , , ,256 7,607 Haryana , ,841 Himachal Pradesh Jammu & Kashmir Jharkhand Karnataka 368 1, , ,010 3, , , , ,986 12,382 Kerala (0) Madhya Pradesh Maharashtra 1,374 8,141 1,487 5, ,366 2,816 7, ,895 8,008 2,309 8, ,163 5, ,605 12,272 48,654 Manipur Meghalaya Mizoram Nagaland Orissa Punjab ,287 Rajasthan , ,560 Sikkim Tamil Nadu 180 1, , , ,451 8,971 Tripura Uttar Pradesh , ,405 Uttrakhand West Bengal , , ,014 4,338 Andaman & Nicobar Is Chandigarh ,108 Dadra & Nagra Haveli Daman & Diu Delhi 296 1, , ,793 8, , , , ,884 16,625 Lakshadweep Puducherry Total 2,847 15,929 3,951 15, ,434 12,199 36,225 1,956 5,922 3,326 14,081 3,086 12, ,322 11, ,777 31, ,309 For the Upto the For the Upto the For the Upto the For the Upto the For the Upto the For the Upto the For the Upto the

25 FORM NL-23 Reinsurance Risk Concentration PERIODIC DISCLOSURES Insurer: TATA AIG General Insurance Company Limited Reinsurance Risk Concentration Date: 31-Mar-2011 (Rs in Lakhs) S.No. 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 (13) 0.39% 2 No. of Reinsurers with rating AA but less than AAA 3 2, % 3 No. of Reinsurers with rating A but less than AA 50 8,210 5,081 6, % 4 No. of Reinsurers with rating BBB but less than A 7 17,556 1, % 5 No. of Reinsurres with rating less than BBB % 6 Total 63 28,117 7,551 7, %

26 FORM NL-24 Ageing of Claims PERIODIC DISCLOSURES Insurer: Tata AIG General Insurance Co. Ltd. Date: 31-Mar-2011 (Rs in Lakhs) Sl.No. Line of Business Ageing of Claims - Quarter Ended 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 1 Fire 1, ,503 1,819 2 Marine Cargo 1,516 1, ,066 2,791 3 Marine Hull Engineering Motor OD 22,580 5, ,196 4,532 6 Motor TP Health Overseas Travel 1,994 1, ,246 1,347 9 Personal Accident 1, , Liability , Crop Miscellaneous 2,735 1, , , Total 31,838 11,877 4,149 2, ,817 13,899 Sl.No. Line of Business Ageing of Claims - Year Ended No. of claims paid Total No. of claims paid Total amount of claims paid 1 month 1-3 months 3-6 months 6 months - 1 year > 1 year 1 Fire 6,053 2,573 1, ,291 5,630 2 Marine Cargo 5,648 4,494 2,527 1, ,051 9,650 3 Marine Hull Engineering ,209 5 Motor OD 74,159 13,526 1, ,369 14,148 6 Motor TP ,327 2,732 2,247 7 Health Overseas Travel 7,298 5,551 1, ,153 4,776 9 Personal Accident 4,706 2,818 1, ,002 2, Liability , Crop Miscellaneous 6,892 5,629 2,517 1, ,962 1,910 Total 105,183 35,087 11,773 5,262 2, ,655 48,849

27 PERIODIC DISCLOSURES FORM NL-25 Insurer: TATA AIG General Insurance Company Limited Date: 31-Mar-2011 No. of claims only Quarter Ended Sl. No. Claims Experience Fire Marine Cargo Marine Hull Enginee ring Motor OD Motor TP Health Oversea s Travel Personal Accident Liability Crop Credit Miscella neous Total 1 Claims O/S at the beginning of the period 1,727 3, ,334 4,300-1, ,093 22,469 2 Claims reported during the period 3,680 3, , ,809 2, ,405 53,283 3 Claims Settled during the period 3,503 4, , ,246 2, ,408 50,817 4 Claims Repudiated during the period ,297 5 Claims closed during the period 6 Claims O/S at End of the period 1,767 2, ,777 4,241-1,789 1, ,034 23,638 Less than 3months 1,008 1, , , ,308 14,313 3 months to 6 months ,050 3,806 6months to 1 year ,558 1year and above , ,961 Year Ended Sl. No. Claims Experience Fire Marine Cargo Marine Hull Enginee ring Motor OD Motor TP Health Oversea s Travel Personal Accident Liability Crop Credit Miscella neous Total 1 Claims O/S at the beginning of the period 736 1, ,178 3,812-1, ,746 12,671 2 Claims reported during the period 11,610 15, ,519 3,201-16,363 9, , ,028 3 Claims Settled during the period 10,097 13, ,978 2,717-14,544 8, , ,419 4 Claims Repudiated during the period , ,642 5 Claims closed during the period 6 Claims O/S at End of the period 1,767 2, ,777 4,241-1,789 1, ,034 23,638 Less than 3months 1,008 1, , , ,308 14,313 3 months to 6 months ,050 3,806 6months to 1 year ,558 1year and above , ,961