6, 2001 REVENUE ACCOUNT FOR THE YEAR ENDED MARCH

Transcription

1 FORM L-1-A-RA Name of the Insurer: MetLife India Insurance Company Limited Registration No. and Date of Registration with the IRDA:117, August 6, 2001 REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2010 Policyholders Account (Technical Account) Particulars Schedule March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). s earned net (a) L-4 25,360,117 19,966,448 (b) Reinsurance ceded (297,957) (183,701) (c) Reinsurance accepted- - - Income from Investments (a) Interest, Dividends & Rent Gross 1,193, ,731 (b) Profit on sale/redemption of investments 976,312 - (c) (Loss on sale/ redemption of investments) - (410,683) (d) Transfer/Gain on revaluation/change in fair value - - (e) Unrealised gains/(losses) 11,418,110 (3,936,672) Transferred from Shareholders' Fund - - Other Income 62,184 19,084 TOTAL (A) 38,712,125 16,209,207 Commission L-5 2,925,088 3,495,555 Operating Expenses related to Insurance Business L-6 6,819,904 6,329,006 Provision for doubtful debts - - Bad debts written off - - Provision for Tax - - Provision for Fringe Benefits Tax - 35,644 Provisions (other than taxation) (a) For diminution in the value of investments (Net) - - (b) Others (to be specified) - - TOTAL (B) 9,744,992 9,860,205 Benefits Paid (Net) L-7 1,857, ,879 Interim Bonuses Paid Change in valuation of liability in respect of life policies (a) Gross Linked Liability 27,623,848 8,903,907 Non Linked Liability 2,103,529 2,128,734 (b) Amount ceded in Reinsurance (56,835) (66,331) (c) Amount accepted in Reinsurance - - TOTAL (C) 31,528,447 11,733,411 SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C) (2,561,314) (5,384,409) APPROPRIATIONS Balance at the beginning of year (13,639,429) (8,031,771) Transfer to Shareholders Account (7,428) (6,505) Transfer to Other Reserves (to be specified) - - Balance being Funds for Future Appropriations (430,091) (216,744) TOTAL (D) (16,638,262) (13,639,429) Details of Total Surplus - - (a) Interim bonuses paid (b) Allocation of bonus to policyholders' 66,854 58,543 (c) Surplus shown in the Revenue Account (2,561,314) (5,384,409) Total Surplus (2,493,843) (5,325,644)

2 FORM L-2-A-PL Name of the Insurer: MetLife India Insurance Company Limited Registration No. and Date of Registration with the IRDA:117, August 6, 2001 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2010 Shareholders Account (Non-technical Account) Particulars Schedule March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Amounts transferred from/to the Policyholders Account (Technical Account) 7,428 6,505 Income From Investments (a) Interest, Dividends & Rent Gross 196, ,669 (b) Profit on sale/redemption of investments 46,484 - (c) (Loss on sale/ redemption of investments) - (86,001) Other Income (To be specified) - - TOTAL (A) 250, , Expense other than those directly related to the insurance business - - Bad debts written off - - Transfer to Policyholders' fund - - Provisions (Other than taxation) (a) For diminution in the value of investments (Net) - - (b) Provision for doubtful debts - - (c) Others (to be specified) - - TOTAL (B) - - Profit/ (Loss) before tax 250, ,173 Provision for Taxation - - Profit / (Loss) after tax 250, ,173 APPROPRIATIONS (a) Balance at the beginning of the year. (1,296,794) (1,441,967) (b) Interim dividends paid during the year - - (c) Proposed final dividend - - (d) Dividend distribution on tax - - (e) Transfer to reserves/ other accounts (to be specified) - - Profit carried to the Balance Sheet (1,046,198) (1,296,794)

3 FORM L-3-A-BS Name of the Insurer: MetLife India Insurance Company Limited Registration No. and Date of Registration with the IRDA:117, August 6, 2001 BALANCE SHEET AS AT MARCH 31, 2010 Schedule March 31, 2010 March 31, 2009 SOURCES OF FUNDS (Rs. 000). (Rs. 000). SHAREHOLDERS FUNDS: SHARE CAPITAL L-8,L-9 17,747,854 15,800,000 Subscription received against rights issue (pending allotment) 1,848,709 1,534,171 RESERVES AND SURPLUS L CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT 212 1,446 Sub-Total 19,596,775 17,335,617 BORROWINGS L , ,699 POLICYHOLDERS FUNDS: CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT 29 - POLICY LIABILITIES 7,500,757 5,454,062 INSURANCE RESERVES - - PROVISION FOR LINKED LIABILITIES-NON UNIT 125, ,806 PROVISION FOR LINKED LIABILITIES-UNIT 48,070,204 20,761,094 Sub-Total 55,696,910 26,342,962 FUNDS FOR FUTURE APPROPRIATIONS - - Linked Business 453, ,180 Others 353,407 80,102 TOTAL 76,428,815 44,450,560 APPLICATION OF FUNDS INVESTMENTS Shareholders L-12 2,743,446 2,576,157 Policyholders L-13 8,238,658 5,658,606 ASSETS HELD TO COVER LINKED LIABILITIES L-14 48,524,170 21,058,274 LOANS L-15 97,725 41,446 FIXED ASSETS L-16 1,064,528 1,146,394 CURRENT ASSETS Cash and Bank Balances L ,567 1,149,469 Advances and Other Assets L-18 1,302,086 1,371,405 Sub-Total (A) 2,235,653 2,520,874 CURRENT LIABILITIES L-19 3,958,753 3,306,975 PROVISIONS L , ,439 Sub-Total (B) 4,159,825 3,487,414 NET CURRENT ASSETS (C) = (A B) (1,924,172) (966,540) MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) L DEBIT BALANCE IN PROFIT & LOSS ACCOUNT (Shareholders Account) 1,046,198 1,296,794 DEBIT BALANCE OF REVENUE ACCOUNT 16,638,262 13,639,429 TOTAL 76,428,815 44,450,560 CONTINGENT LIABILITIES Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) Partly paid-up investments - - Claims, other than against policies, not acknowledged as debts by the company 1, Underwriting commitments outstanding (in respect of shares and securities) - - Guarantees given by or on behalf of the Company - - Statutory demands/ liabilities in dispute, not provided for - - Reinsurance obligations to the extent not provided for in accounts - - Claims under policies not acknowledged as debts 46,423 16,873 TOTAL 48,308 17,435

4 SCHEDULES FORMING PART OF FINANCIAL STATEMENTS FORM L-4-PREMIUM SCHEDULE PREMIUM Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). First year premiums 9,873,145 10,664,169 Renewal s 14,741,601 8,519,444 Single s 745, ,835 TOTAL PREMIUM 25,360,117 19,966,448 Income from business written: In India 25,360,117 19,966,448 Outside India - - TOTAL PREMIUM 25,360,117 19,966,448 FORM L-5 - COMMISSION SCHEDULE COMMISSION EXPENSES Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) Commission paid Direct First year premiums 2,495,353 3,203,764 - Renewal premiums 389, ,047 - Single premiums 40,400 17,744 Add: Commission on Re-insurance Accepted - - Less: Commission on Re-insurance Ceded - - Net Commission 2,925,088 3,495,555 Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents 1,051, ,818 Brokers 56,618 33,460 Corporate Agency 475, ,641 Referral 1,341,403 1,937,636 Others - - TOTAL (B) 2,925,088 3,495,555

5 FORM L-6-OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Employees remuneration & welfare benefits 3,509,684 3,259,359 Travel, conveyance and vehicle running expenses 126, ,681 Training expenses 65, ,083 Rents, rates & taxes 513, ,402 Repairs 58,177 37,860 Printing & stationery 121, ,456 Communication expenses 180, ,040 Legal & professional charges 347, ,563 Medical fees 58,736 89,945 Auditors' fees, expenses etc a) as auditor 1,500 1,100 b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters - - (iii) Management services; and - - (iv) Expenses c) in any other capacity - - Advertisement and publicity 891, ,990 Interest & Bank Charges 40,647 31,819 Service tax/cess on premium 58,719 60,115 Recruitment expenses 49,301 63,253 Information technology expenses 13, , Facilities expenses 101,971 79,269 Power and water 76,478 61,564 Others 157,034 66,984 Depreciation 446, ,014 TOTAL 6,819,904 6,329,006 FORM L-7-BENEFITS PAID SCHEDULE BENEFITS PAID [NET] Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). 1. Insurance Claims (a) Claims by Death, 800, ,763 (b) Claims by Maturity, 99,060 67,834 (c) Annuities/Pension payment, 40,177 15,849 (d) Periodical Benefit - - (e) Health - - (f) any other (Surenders) 1,079, , (Amount ceded in reinsurance): - - (a) Claims by Death, (161,614) (56,253) (b) Claims by Maturity, - - (c) Annuities/Pension payment, - - (d) Periodical Benefit - - (e) Health - - (f) any other (please specify) Amount accepted in reinsurance: - - (a) Claims by Death, - - (b) Claims by Maturity, - - (c) Annuities/Pension payment, - - (d) Periodical Benefit - - (e) Health - - (f) any other (please specify) - - TOTAL 1,857, ,879

6 FORM L-8-SHARE CAPITAL SCHEDULE SHARE CAPITAL Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Authorised Capital 24,000,000 24,000,000 2,400,000,000 (Previous year - 2,400,000,000) equity shares of Rs 10/- each Issued Capital 20,600,000 20,600,000 2,060,000,000 (Previous year -2,060,000,000) equity shares of Rs 10/- each Subscribed and Paid up Capital 17,747,854 15,800,000 1,774,785,439 (Previous year - 1,580,000,000) equity shares of Rs 10/- each fully paid up Called-up Capital - - Equity Shares of Rs....each Less : Calls unpaid - - Add : 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 17,747,854 15,800,000 Notes: No part of the capital is held by a holding company FORM L-9-PATTERN OF SHAREHOLDING SCHEDULE PATTERN OF SHAREHOLDING [As certified by the Management] Shareholder March 31, 2010 March 31, 2009 Number of Shares % of Holding Number of Shares % of Holding Promoters Indian 1,313,341,225 74% 1,169,200,000 74% Foreign 461,444,214 26% 410,800,000 26% Others TOTAL 1,774,785, % 1,580,000, % FORM L-10-RESERVES AND SURPLUS SCHEDULE RESERVES AND SURPLUS Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) Capital Reserve - - Capital Redemption Reserve - - Share - - Revaluation Reserve - - General Reserves - - Less: Debit balance in Profit and Loss Account, if any - - Less: Amount utilized for Buy-back - - Catastrophe Reserve - - Other Reserves (to be specified) - - Balance of profit in Profit and Loss Account - - TOTAL - -

7 FORM L-11-BORROWINGS SCHEDULE BORROWINGS Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Debentures/ Bonds - - Banks - - Financial Institutions - - Others Information technology equipment/computer Software on lease [secured against 313, ,835 the information technology equipment and Computer software, net book value -- Rs 366,866] (Previous year Rs 314,694) Vehicle lease [secured against the vehicles, net book value -- Rs 11,352] 14,313 23,864 (Previous year -- Rs 20,880) TOTAL 327, ,699 Notes: Amount due within 12 months from balance sheet date is Rs 173,301 (Previous year Rs 161,907)

8 FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE INVESTMENTS-SHAREHOLDERS Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) LONG TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 809, ,377 Other Approved Securities 409,938 89,561 Other Investments (a) Shares (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds 308, ,416 (e) Other Securities (to be specified) - - (f) Subsidiaries - - Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector 609, ,615 Other than Approved Investments - 47,600 SHORT TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 287, ,273 Other Approved Securities - - Other Investments (a) Shares (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds - - (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Fixed Deposits with Banks 199, ,392 (h) Commercial Papers - - Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector 5,061 1,953 Other than Approved Investments - Debentures/ Bonds Mutual funds 112, ,013 - Other securities - Inter corporate deposit Other securities - Asset securitisation - Pass through certificates - - TOTAL 2,743,446 2,576,157

9 FORM L-13-INVESTMENTS POLICYHOLDERS SCHEDULE INVESTMENTS-POLICYHOLDERS Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) LONG TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 3,735,170 2,772,489 Other Approved Securities 839,882 1,166,077 Other Investments (a) Shares - - (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds 714,617 65,000 (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector 2,666,338 1,431,673 Other than Approved Investments - - SHORT TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 238, ,703 Other Approved Securities - - Other Investments (a) Shares - - (aa) Equity - - (bb) Preference - - (b) Mutual Funds 26,210 - (c) Derivative Instruments - - (d) Debentures/ Bonds - - (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector 17,561 8,535 Other than Approved Investments - 5,129 TOTAL 8,238,658 5,658,606

10 FORM L-14-ASSETS HELD TO COVER LINKED LIABILITIES SCHEDULE ASSETS HELD TO COVER LINKED LIABILITIES Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) LONG TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 1,486, ,823 Other Approved Securities 58, ,002 Other Investments (a) Shares - - (aa) Equity 35,553,120 11,924,293 (bb) Preference - 6,291 (b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds 1,484, ,598 (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector 1,188, ,587 Other than Approved Investments - - (a) Equity 3,683,595 2,708,806 (b) Preference - - (c) Bonds/Debentures - 184,119 SHORT TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 67, ,773 Other Approved Securities - - Other Investments (a) Shares - - (aa) Equity - - (bb) Preference - - (b) Mutual Funds 930, ,235 (c ) Derivative Instruments - - (d) Debentures/ Bonds 143, ,249 (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Fixed deposits 2,042, ,632 h) Commercial papers 297, ,319 (I) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector 20,409 81,009 Other than Approved Investments - - Mutual Funds 678, ,883 Debentures/ Bonds - 143,605 Other net current assets 888, ,050 TOTAL 48,524,170 21,058,274

11 FORM L-15-LOANS SCHEDULE LOANS Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). SECURITY-WISE CLASSIFICATION Secured (a) On mortgage of property (aa) In India - - (bb) Outside India - - (b) On Shares, Bonds, Govt. Securities, etc. - - ( c) Loans against policies 97,725 41,446 (d) Others (to be specified) - - Unsecured - - TOTAL 97,725 41,446 BORROWER-WISE CLASSIFICATION (a) Central and State Governments - - (b) Banks and Financial Institutions - - (c) Subsidiaries - - (d) Companies - - (e) Loans against policies 97,725 41,446 (f) Others (to be specified) - - TOTAL 97,725 41,446 PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India 97,725 41,446 (bb) Outside India - - (b) Non-standard loans less provisions (aa) In India - - (bb) Outside India - - TOTAL 97,725 41,446 MATURITY-WISE CLASSIFICATION (a) Short Term - - (b) Long Term 97,725 41,446 TOTAL 97,725 41,446

12 FORM 16-FXED ASSETS SCHEDULE FIXED ASSETS Particulars Cost/ Gross Block Depreciation Opening Additions Deductions Closing Up to Last Year For The Period On Sales/ Adjustment (Rs. 000) Net Block To Date March 31, 2010 March 31, 2009 Goodwill Intangibles (specify) Computer Software - Owned 112, , ,228 41,215 96, , ,747 71,566 Computer Software - Leased 69,043 45, ,106 22,093 8,108-30,201 83,905 46,950 Land-Freehold Leasehold Property 638,727 94, , , , , , ,691 Buildings Furniture & Fittings 60,042 9,885 1,387 68,540 48,880 7,182 1,385 54,677 13,863 11,162 Information technology equipment - Owned 154,480 28, ,832 43, , ,440 9, ,188 Information technology equipment - Leased 549,881 42,006 41, , ,137 42,420 40, , , ,744 Vehicles - Owned Vehicles -Leased 37,290-5,996 31,294 16,410 7,825 3,900 20,335 10,959 20,880 Office Equipment 170,196 32,000 5, ,251 81,381 34,561 3, ,168 84,083 88,815 Others (Specify nature) TOTAL 1,793, ,007 55,543 2,163, , ,603 50,705 1,116,209 1,047,562 1,072,996 Work in progress 73,398-56,432 16, ,966 73,398 Grand Total 1,866, , ,975 2,180, , ,603 50,705 1,116,209 1,064,528 1,146,394 PREVIOUS YEAR 1,016, ,652 60,688 1,866, , ,014 51, ,311 1,146,394 -

13 FORM L-17-CASH AND BANK BALANCE SCHEDULE CASH AND BANK BALANCES Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Cash (including cheques, drafts and stamps) 21,996 10,515 Bank Balances (a) Deposit Accounts (aa) Short-term (due within 12 months of the date of Balance Sheet) - - (bb) Others - - (b) Current Accounts (*) 911,571 1,138,954 (c ) Others (to be specified) - - Money at Call and Short Notice (a) With Banks - - (b) With other Institutions - - Others (to be specified) - - TOTAL 933,567 1,149,469 Balances with non-scheduled banks included above CASH & BANK BALANCES In India 933,567 1,149,469 Outside India - - TOTAL 933,567 1,149,469 (*) Include remittances in transit of Rs 80,715 (Previous year Rs 166,269) FORM L-18-ADVANCE AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS Particulars March 31, 2010 March 31, 2009 (Rs. 000) (Rs. 000) ADVANCES Reserve deposits with ceding companies - - Application money for investments - - Prepayments 35,121 35,725 Advances to Directors/Officers - - Advances to Employees Advance tax paid and taxes deducted at source (Net of provision for taxation) 6, Other advances 255, ,504 TOTAL (A) 296, ,769 OTHER ASSETS Income accrued on investments 269, ,613 Outstanding s 104, ,202 Agents Balances 31,551 11,936 Foreign Agencies Balances - - Due from other entities carrying on insurance business (including reinsures) 98,477 30,147 Due from subsidiaries/ holding company - - Deposit with Reserve Bank of India [Pursuant to section 7 of Insurance Act, 1938] - - Service tax/cess unutilized credit 257, ,045 Deposits 243, ,693 Others (to be specified) - - TOTAL (B) 1,005,211 1,053,636 TOTAL (A+B) 1,302,086 1,371,405

14 FORM L-19-CURRENT LIABILITIES SCHEDULE CURRENT LIABILITIES Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Agents Balances 811, ,225 Balances due to other insurance companies 221,248 82,224 Deposits held on re-insurance ceded - - s received in advance - - Unallocated premium - - Sundry creditors 1,592,755 1,740,592 Due to subsidiaries/ holding company - - Claims Outstanding 388, ,707 Annuities Due - - Due to Officers/ Directors - - deposits 823, ,751 Taxes deducted at source payable 120, ,476 Others (to be specified) - - TOTAL 3,958,753 3,306,975 FORM L-20-PROVISIONS SCHEDULE PROVISIONS Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). For taxation (less payments and taxes deducted at source) - - For Fringe Benefits Tax - 1,376 For proposed dividends - - For dividend distribution tax - - For gratuity 87,250 61,597 For leave encashment 113, ,466 Others (to be specified) - - TOTAL 201, ,439 FORM L-21-MISC EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE (To the extent not written off or adjusted) Particulars March 31, 2010 March 31, 2009 (Rs. 000). (Rs. 000). Discount Allowed in issue of shares/ debentures - - Others (to be specified) - - TOTAL - -

15 FORM L-22 Analytical Ratios* PERIODIC DISCLOSURES Insurer: MetLife India Insurance Company Limited Date: 31/03/10 Analytical Ratios for Life Companies Sl.No. Particular March 31, 2010 March 31, New business premium income growth rate - segment wise - Participating policies % % - Non-participating policies 31.24% % - Pension % % - Group - linked 81.09% 4.52% - Individual Life - Linked % 24.07% - Pension - linked 97.09% % 2 Net Retention Ratio 98.83% 99.08% 3 Expense of Management to Gross Direct Ratio 38.43% 49.21% 4 Commission Ratio (Gross commission paid to Gross ) 11.53% 17.51% 5 Ratio of policy holder's liabilities to shareholder's funds % % 6 Growth rate of shareholders' fund 15.66% 66.81% 7 Ratio of surplus/(deficit) to policyholders' liability -6.42% % 8 Change in net worth 2,511,755 6,423,778 9 Profit after tax/total Income 0.64% 0.89% 10 (Total real estate + loans)/(cash & invested assets) 0.16% 0.14% 11 Total investments/(capital + Surplus) % % 12 Total affiliated investments/(capital+ Surplus) Investment Yield (Gross and Net) - Non linked Par (Gross) 15.94% 8.93% - Non linked Par (Net) 19.65% 8.93% - Non linked Non Par (Gross) 3.00% 8.16% - Non linked Non Par (Net) 7.84% 8.16% 14 Conservation Ratio -Linked 76.51% 74.81% -Non Linked 82.65% 93.71% -Pension (both Linked and Non Linked) 66.34% 82.12% -Health Persistency Ratio 16 NPA Ratio Equity Holding Pattern for Life Insurers For 13th month 67.29% 71.54% For 25th month 60.09% 64.28% For 37th month 56.16% 59.05% For 49th Month 52.98% 55.47% for 61st month 50.03% 52.34% Gross NPA Ratio - - Net NPA Ratio (a) No. of shares 1,774,785,439 1,580,000,000 2 (b) Percentage of shareholding (Indian / Foreign) 74% : 26% 74% : 26% 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 Basic - Rs.0.15 Basic - Rs.0.09 period (not to be annualized) Diluted - Rs.0.15 Diluted - Rs (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the Basic - Rs.0.15 Basic - Rs.0.09 period (not to be annualized) Diluted - Rs.0.15 Diluted - Rs (iv) Book value per share (Rs) Notes: Ratios are based on Public Disclosure guidelines issued by IRDA dated January 28, 2010

16 FORM L-23-RECEIPT AND PAYMENTS SCHEDULE (Rs in '000's) Cash Flows from the operating activities: received from policyholders, including advance receipts 25,407,605 Other receipts - Payments to the re-insurers, net of commissions and claims/ Benefits (158,934) Payments to co-insurers, net of claims / benefit recovery - Payments of claims/benefits (1,676,142) Payments of commission and brokerage (2,334,035) Payments of other operating expenses (6,161,974) Preliminary and pre-operative expenses - Deposits, advances and staff loans 158,562 Income taxes paid (Net) - Service tax paid (181,601) Loans against policies (56,279) Other payments - Cash flows before extraordinary items 14,997,202 Cash flow from extraordinary operations - Net cash flow from operating activities 14,997,202 Cash flows from investing activities: Purchase of fixed assets (282,506) Proceeds from sale of fixed assets 6,395 Purchases of investments (77,257,396) Loans disbursed - Sales/Maturity of investments 58,851,092 Repayments received - Rents/Interests/ Dividends received 1,289,508 Investments in money market instruments and in liquid mutual funds (Net)* - Change in other current assets 71,422 Expenses related to investments - Net cash flow from investing activities (17,321,485) Cash flows from financing activities: Proceeds from issuance of share capital 2,262,392 Proceeds from borrowing - Repayments of borrowing (finance lease obligations) (154,011) Interest/dividends paid - Net cash flow from financing activities 2,108,381 Effect of foreign exchange rates on cash and cash equivalents, net - Net increase/(decrease) in cash and cash equivalents: (215,902) Cash and cash equivalents at the beginning of the year 1,149,469 Cash and cash equivalents at the end of the year 933,567

17 FORM L-24 Valuation of net liabiltiies PERIODIC DISCLOSURES Insurer: MetLife India Insurance Company Limited Valuation of net liabiltiies Date: 31/03/10 (Rs in Lakhs) Sl.No. Particular As at March 31, 2010 As at March 31, Linked a Life 456, ,141 b General Annuity - - c Pension 28,655 9,441 d Health Non-Linked a Life 78,957 56,084 b General Annuity - - c Pension d Health 165 -

18 FORM L-25- (i) : Geographical Distribution Channel - Individuals PERIODIC DISCLOSURES Insurer: MetLife India Insurance Company Limited Date: 31/03/10 (Rs in Lakhs) Geographical Distribution of Total Business Rural Urban Total Business Sl.No. State / Union Territory No. of Policies No. of Lives (Rs in lakhs) Sum Assured (Rs in lakhs) No. of Policies No. of Lives (Rs in lakhs) Sum Assured (Rs in lakhs) No. of Policies No. of Lives (Rs in lakhs) Sum Assured (Rs in lakhs) 1 Andhra Pradesh 2,885 2, ,561 15,455 15,455 5,148 72,264 18,340 18,340 5,574 78,825 2 Arunachal Pradesh Assam 1,428 1, ,394 4,682 4,682 1,837 13,671 6,110 6,110 2,174 16,065 4 Bihar 2,706 2, ,967 2,228 2, ,555 4,934 4, ,523 5 Chattisgarh ,806 2, ,366 3,114 3, ,156 6 Goa , ,542 7 Gujarat 1,916 1, ,269 12,819 12,819 3,869 49,843 14,735 14,735 4,106 53,112 8 Haryana ,171 4,199 4,199 1,189 17,392 4,846 4,846 1,304 18,563 9 Himachal Pradesh Jammu & Kashmir 10,810 10,810 2,965 20,400 24,913 24,913 6,603 45,285 35,723 35,723 9,568 65, Jharkhand ,541 2,904 2, ,436 3,886 3,886 1,020 9, Karnataka 5,330 5,330 1,152 11,638 19,912 19,912 9, ,205 25,242 25,242 10, , Kerala 9,312 9,312 3,341 27,179 12,722 12,722 5,741 36,402 22,034 22,034 9,082 63, Madhya Pradesh ,162 3, ,628 3,415 3, , Maharashtra ,593 26,175 26,175 12, ,821 26,992 26,992 12, , Manipur Meghalaya Mirzoram Nagaland Orissa ,135 3,436 3, ,172 4,313 4,313 1,046 7, Punjab 5,151 5,151 1,441 12,638 12,746 12,746 4,340 48,007 17,897 17,897 5,780 60, Rajasthan 3,546 3, ,574 4,554 4,554 1,231 17,616 8,100 8,100 1,331 19, Sikkim Tamil Nadu ,746 12,671 12,671 4,467 47,575 13,610 13,610 4,693 50, Tripura Uttar Pradesh 15,490 15, ,637 13,635 13,635 4,306 46,027 29,125 29,125 4,857 51, UttraKhand ,213 2, ,596 2,541 2, , West Bengal 7,000 7,000 1,756 14,746 23,788 23,788 8,745 83,704 30,788 30,788 10,501 98, Andaman & Nicobar Islands Chandigarh Dadra & Nagrahaveli Daman & Diu Delhi ,430 14,310 14,310 5,710 68,504 14,960 14,960 5,831 69, Lakshadweep Puducherry Company Total 71,460 71,460 13, , , ,277 80, , , ,737 93,670 1,010,848

19 FORM L-25- (ii) : Geographical Distribution Channel - GROUP PERIODIC DISCLOSURES Insurer: MetLife India Insurance Company Limited Date: 31/03/10 (Rs in Lakhs) Geographical Distribution of Total Business- GROUP Rural Urban Total Business Sl.No. State / Union Territory No. of Policies No. of Lives (Rs in lakhs) Sum Assured (Rs in lakhs) No. of Policies No. of Lives (Rs in lakhs) Sum Assured (Rs in lakhs) No. of Policies No. of Lives (Rs in lakhs) Sum Assured (Rs in lakhs) 1 Andhra Pradesh , (24,387) , (24,387) 2 Arunachal Pradesh Assam Bihar , , , ,174 5 Chattisgarh Goa Gujarat , , , ,102 8 Haryana , , , ,399 9 Himachal Pradesh , , , , Jammu & Kashmir , ,592-8, , Jharkhand , , Karnataka , , , , Kerala , , , , Madhya Pradesh , , Maharashtra ,109 2, , ,109 2, , Manipur Meghalaya Mirzoram Nagaland Orissa Punjab , , Rajasthan , , , , Sikkim Tamil Nadu , , , , Tripura Uttar Pradesh , , , , UttraKhand (766) (766) 28 West Bengal , , Andaman & Nicobar Islands Chandigarh Dadra & Nagrahaveli Daman & Diu Delhi ,871 6, , ,871 6, , Lakshadweep Puducherry Company Total ,586 12,515 2,554, ,586 12,515 2,554,906

20 FORM L-26-INVESTMENT ASSETS(LIFE INSURERS)-3A COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) Statement As on : 31st March 2010 Statement of Investment Assets (Business within India) Periodicity of Submission : Quarterly PART - A (Rs. In Lakhs) Total application as per balance sheet (A) - As on 31st March Reconciliation of Investment Assets Add (B) Total Investment Assets (As per the balance sheet) 595,063 Provisions Sch 14 2,011 Current Liabilities Sch 13 39,588 Balance sheet value as of 31st March 2010 : A.Life Fund 103, ,054 Less (C ) Debit balance in P & L A/c 176,845 B.Pension, General Annuity Fund 6,767 6,767 Loans 977 Sch 9 Advances & other Assets Sch 12 13,021 C. Groups, Excl. Group Pension / Annuity Cash & bank balance Sch 11 9,336 Fixed Assets Sch 10 10,645 C. Unit Linked Funds 485, ,242 Misc Exp. Not written off Sch 15 - Fund available for Investments as on 31st March , ,063 Diff - NON - LINKED BUSINESS SH PH Book Value (SH + % as per PH) FVC A. LIFE fund UL-Non Unit Actual % Total Fund Market Value Reg Amount Balance FRSM * Reserve PAR NON PAR F* (b+c+d+e) (a) (b) (c ) (d) (e) G. Sec 1 Not Less , , , , , than 25% 10, G. Sec or Other Approved Securities (incl (i) above) 2 Not Less - 15, , , , , , than 50% 3 Investment subject to Exposure Norms Not Less a. Housing & Infrastructure , , , , , than 15% 6, Not b. (i) Approved Investments - - 6, , , , exceeding 5, % (ii)"other Investments not exceed 15%" * - 1, , , , TOTAL LIFE FUND 0 27, , , , % 46, ,078 % as per Reg Book Value Actual % FVC B.Pension, General Annuity & Group Fund PH Total Fund Market Value Amount PAR NON PAR 4, G. Sec Not Less than 20% , % 4, , , , % 4, , G. Sec or Other Approved Securities (incl (i) above) Not Less than 40% , , % 1, , Balance In Approved Investment Not exceeding 60% 0.41 TOTAL PENSION,GENERAL ANNUITY & GROUP 100% 700 6,067 6, % , , FUND C. Group Scheme Excluding Group Pension / Annuity % as per Reg Book Value Actual % FVC PH Total Fund Market Value Amount PAR NON PAR G. Sec Not Less than 20% G. Sec or Other Approved Securities (incl (i) above) Not Less than 40% N. A Balance In Approved Investment Not exceeding 60% TOTAL GROUP FUND 100% % LINKED BUSINESS PH Total Fund Actual % C. LINKED FUNDS % as per Reg PAR NON PAR 441, Approved Investment Not Less than 75% (i) - 441, % (ii) - 43, , % Other Investment Not exceeding 25% TOTAL LINKED INSURANCE FUND 100% - 485, , %

21 FORM L-26-INVESTMENT ASSETS(LIFE INSURERS)-3A Unit Linked Insurance Business PART - B COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) Periodicity of Submission: Quarterly Statement As on : 31st March 2010 Link to Item 'C' of FORM 3A (Part A) Par / Non-Par (Rs. In Lakhs) PARTICULARS Opening Balance (Market value) Add: Inflows during the Quarter Increase / (Decrease) Value of Inv (Net) Less : Outflow during the Quarter TOTAL INVESTIBLE FUNDS (MKT VALUE) Total of All Funds GRATUITY BALANCED RETURN GUARANTEE II GRATUITY DEBT FUND PROTECTOR II FUND PRESERVER FUND PRESERVER II FUND MODERATOR FUND FUND PROTECTOR FUND BALANCER FUND ACCELERATOR FUND MULTIPLIER FUND VIRTUE FUND VIRTUE II FUND BALANCER II FUND MULTIPLIER II FUND FLEXI CAP FUND RETURN GUARANTEE FUND FUND 0 2,146 45,262 39, ,503 21, ,124 4,973 7, , ,195 1, , ,274 2,133 31,944 1, ,163 4,707 3, , ,218 8, , , , , , , , ,242 2,546 51,393 41, ,098 23, ,243 8,777 5,331 9,625 7, , INVESTMENT OF UNIT FUND GRATUITY DEBT FUND GRATUITY BALANCED FUND PROTECTOR FUND PROTECTOR II FUND PRESERVER FUND PRESERVER II FUND MODERATOR FUND BALANCER FUND ACCELERATOR FUND MULTIPLIER FUND VIRTUE FUND VIRTUE II FUND BALANCER II FUND MULTIPLIER II FUND FLEXI CAP FUND RETURN GUARANTEE FUND RETURN GUARANTEE II FUND Total of All Funds Approved Investments (>=75%) Govt Bonds Corporate Bonds Infrastructure Bonds Equity Money Market Mutual Funds Deposit with Banks Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual % 681 7% 2,107 26% 5,819 78% % 5,950 12% 13 0% 0% 0% % 0% 0% 49 23% % % 60 47% 0% 85 18% 1,360 26% 2,122 22% 2,378 30% 0% 0% 0% % 7,784 15% 2,017 5% 0% 0% 0% 46 2% 0% 0% 48 23% 0% % 1,308 25% 2,470 26% 1,904 24% 9 3% 0% 0% % 3,278 6% 2,303 6% 0% 0% 0% 104 5% 0% 0% 93 44% - 0% % 0% 2,575 27% 0% 0% 0% 0% % 22,813 44% 29,962 72% 85% 81% 65% % 65% 74% 13 6% 0% % 273,232 18, ,704 1,116 9% 858 9% 0% 10% 1% 4% 39 2% 1,214 2% 0% 119 0% 0% 0% 99 4% 0% 0% 0% 6% % % 397 4% 300 4% 8 3% 93 1% 4 3% 38 1% 2,462 5% 670 2% 4,277 1% 829 4% 0% 21 1% 13 0% 0 0% 0% 10 2% % % 402 4% 657 8% 28 10% 1,079 15% 8 6% % 3,311 6% 1,911 5% 11,629 4% 0% 0% 90 4% 0% 0% 0% 81 17% % Sub Total (A) 4,877 91% 9,505 99% 7,370 92% % 7,087 95% 77 60% % % % % % % % % % % % % Current Assets: Accured Interest 169 3% 215 2% 278 3% 2 1% 120 2% 1 1% 73 3% 609 1% 189 0% 25 0% 0 0% 0 0% 14 1% - 0% - 0% 7 3% 1 0% % Dividend Receivables 0 0% 1 0% - 0% 0 0% - 0% 0 0% 0 0% 2 0% 4 0% 28 0% 5 0% 0 0% 0 0% 1 0% 0 0% 0 0% - 0% 42 0% Bank Balance 4 0% 11 0% 2 0% 1 0% 6 0% 5 4% 9.3 0% 246 0% 113 0% 5 0% 0 0% 13 3% 1 0% 4 0% 2 0% 0.2 0% 22 5% 444 0% Receivable for sale of Investments 0 0% 0 0% - 0% 0 0% - 0% 0 0% 2 0% 75 0% 150 0% - 0% 63 0% 0 0% - 0% - 0% - 0% - 0% - 0% 289 0% Other Current Assets (For Investments) 9 0% 4 0% - 0% 73 27% 208 3% 39 30% 22 1% % 159 0% % 273 1% % % % % 0% % % Less : Current Liablities Payable for Investments 0% % 0 0% 0 0% 0% 0% 0% % 0% - 0% - 0% -9-2% -19-1% % -32-2% 0% 0% % Fund management charges payable -1 0% % % 0 0% % 0 0% % -17 0% -17 0% % -9 0% % % -1 0% % % % % Other Current Liabilities (For Investments) 0% 0% -14 0% 0 0% 0% 0% 0% 0% 0% - 0% 0% 0% 0% 0% 0% % 0% -14 0% Sub Total (B) % % 264 3% 76 28% % % 105 4% 260 1% 598 1% % 332 1% % % % % 7 3% % % Other Investments (<=25%) Corporate Bonds - 0% - 0% 0% 0% - 0% 0% - 0% 0% 0% - 0% - 0% 0% - 0% - 0.0% - 0.0% - 0.0% 0% 0 0% Infrastructure Bonds - 0% - 0% - 0% 0% - 0% 0% - 0% - 0% - 0% - 0% - 0% 0% - 0% - 0.0% - 0.0% - 0.0% 0% 0 0% Equity - 0% 203 2% 0% 0% - 0% 0% % 2,021 4% 3, % 28,152 9% 2, % 0% 38 2% % % 0 0.1% 0% % Money Market - 0% - 0% 0% 0% - 0% 0% 0% 0% 0% 0% 0% 0% 0% 0.0% 0.0% 0.0% 0% 0 0% Mutual Funds & Venture Fund 273 5% 647 7% 338 4% 14 5% 3 0% 6 5% % 2,299 4% 1,228 3% 1,216 0% 273 1% 34 9% 96 4% % % 0.0% 13 3% % Sub Total (C) 273 5% 850 9% 338 4% 14 5% 3 0% 6 5% 143 6% % % % % 34 9% 134 6% 544 6% 91 6% 0 0% 13 3% % Total (A+B+C) 5, % 9, % 7, % % 7, % % % % % % % % % % % % % % Fund carried forward (as per LB2) 5,331 9,625 7, , ,242

22 FORM L-28-ULIP-NAV-3A COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) (Part C) Statement As on : 31st March 2010 Periodicity Of Submission: Quarterly (Rs. In Lakhs) Link to FORM 3A PART B Assets held NAV as NAV as per Previous 2nd Previous 3rd Previous Annualised 3rd Year No Name of the Scheme on the above date on the above date LB 2 Qtr NAV Qtr NAV Qtr NAV Return/Yield Rolling CAGR 1 ACCELERATOR FUND 41, BALANCER FUND 51, MODERATOR FUND 2, MULTIPLIER FUND 322, PRESERVER FUND 7, PROTECTOR FUND 7, FLEXI CAP FUND 1, GRATUITY BALANCED FUND a GBA b GBA c EGF d HND e HTW f SVF 1, g SXF 7, GRATUITY DEBT FUND a EGF b HND c HTW d SVF 1, e SXF 3, BALANCER II FUND 2, MULTIPLIER II FUND 8, PRESERVER II FUND PROTECTOR II FUND RETURN GUARANTEE II FUND VIRTUE FUND 23, VIRTUE II FUND RETURN GUARANTEE FUND Total 485,242

23 PERIODIC DISCLOSURES FORM L-29 Detail regarding debt securities - Linked Fund Insurer: METLIFE INDIA INSURANCE COMPANY LIMITED Date: 31/03/10 As at 31 March 2010 (Rs in Lakhs) Detail Regarding debt securities MARKET VALUE as % of total for this class as at. Of the previous year as % of total for As at. this class 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 23,527 36% 14,346 40% 22,996 35% 13,857 39% AA or better 4,838 7% 2,952 8% 4,766 7% 2,942 8% d below AA but above A 0% 943 3% 0% 946 3% d below A but above B - - 0% - - 0% Any other - Soverign 16,127 25% 12,236 34% 16,196 25% 12,329 34% - P1 20,938 32% 5,776 16% 20,937 32% 5,775 16% BREAKDOWN BY RESIDUALMATURITY Up to 1 year % % % % more than 1 yearand upto 3years % % % % More than 3years and up to 7years % % % % More than 7 years and up to 10 years % % % % More than 10 years and up to 15 years 826 1% % 855 1% % More than 15 years and up to 20 years 400 1% 25 0% 415 1% 23 0% Above 20 years 96 0% 101 0% 101 0% 99 0% Breakdown by type of the issurer a. Central Government % % % % b. State Government % % % % c.corporate Securities % % % %

24 PERIODIC DISCLOSURES FORM L-29 Detail regarding debt securities - Non Linked Fund Insurer: METLIFE INDIA INSURANCE COMPANY LIMITED Date: 31/03/10 As at 31 March 2010 (Rs in Lakhs) Detail Regarding debt securities MARKET VALUE as % of total for this class as at. Of the previous year as % of total for As at. this class 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 41,088 38% 27,010 35% 40,444 37% 26,668 36% AA or better 2,804 3% 61 0% 2,773 3% 61 0% d below AA but above A 0% 55 0% 0% 55 0% d below A but above B - - 0% - - 0% Any other - Soverign 62,264 58% 48,787 64% 63,218 58% 46,429 63% P1+ 1,995 2% 484 1% 1,995 2% 484 1% BREAKDOWN BY RESIDUALMATURITY Up to 1 year 7,492 7% 5,471 7% 7,490 7% 5,446 7% more than 1 yearand upto 3years 7,841 7% 1,392 2% 7,698 7% 1,349 2% More than 3years and up to 7years 7,463 7% 3,326 4% 7,372 7% 3,274 4% More than 7 years and up to 10 years 17,487 16% 19,339 25% 17,093 16% 19,011 26% More than 10 years and up to 15 years 19,281 18% 16,630 22% 19,112 18% 15,916 22% More than 15 years and up to 20 years 12,477 12% 8,896 12% 12,570 12% 8,051 11% Above 20 years 36,110 33% 21,344 28% 37,095 34% 20,651 28% Breakdown by type of the issurer a. Central Government 62,264 58% 35,213 46% 63,218 58% 33,896 46% b. State Government 0% 13,574 18% 0% 12,533 17% c.corporate Securities 45,887 42% 27,610 36% 45,212 42% 27,269 37%

25 FORM L-30 : Related Party Transactions PERIODIC DISCLOSURES Insurer: MetLife India Insurance Company Limited Date: 31/03/10 (Rs in Lakhs) Related Party Transactions Sl.No. For the year ended March 31, 2010 For the year ended March 31, The Jammu and Kashmir Bank Limited Shareholder a) Commission * NA 1,924 b) Premises taken on Lease * NA 6 c) Reimbursement * NA 51 d) Interest received * NA 8 Shareholder 2 Name of the Related Party Metropolitian Life Insurance Co./MetLife International Holding Inc./MetLife Group Nature of Relationship with the Company Description of Transactions / Categories Amounts payable/paid a) Secondment Charges for the services of the Ex-Managing Director, Chief Financial Officer and Director Agency sales - - b) Peanut License fee c) Information technology expenses (Includes provision of Rs 10,360 (Previous year : Rs 39,077) (204) 567 d) Catastrophic Reinsurance - - e) Conference expenses/travel costs - - Amounts receivable/received - - a) Travel, Staff benefits and others b) Proceeds against issue of /Subscription received against rights issue 6,240 8,840 Shareholder 3 Proceeds against issue of /Subscription M. Pallonji & Company Private Limited received against rights issue 3,343 11,621 Shareholder 4 Proceeds against issue of /Subscription M. Pallonji Enterprises Private Limited received against rights issue 2,403 7,010 5 RGA Americas Reinsurance Company Limited Associate Company of a Shareholder Reinsurance * NA Rajesh Relan Managing Director Managerial Remunaration */**: The Jammu & Kashmir Bank and RGA Americas Reinsurance Company Limited ceases to be a related party as per "AS 18 - Related Party Disclosure" for the financial year

26 FORM L-31 PERIODIC DISCLOSURES LNL - 6 : Board of Directors & Key Person Insurer: MetLife India Insurance Company Limited Date: 31/03/10 BOD and Key Person information Sl. No. Name of person Role/designation 1 Pheroze K Mistry Director 2 Mehli K Mistry Director 3 S K Bhat Director 4 A K Mehta Director 5 James Hom Director 6 Shailendra Ghorpade Director 7 V K Chopra Director 8 Dr Ashok Kumar Mittal Director 9 Surbhit Dabriwala Director 10 Rajesh Relan Chief Executive/Managing Director 11 Nicholas Hayter Alternate Director from Vijaya Raghavan Head of Marketing upto Phanesh M S V S Appointed Actuary 14 Sanjay Kumar Head of Investment 15 Biswajit Choudhury Head of Internal Audit 16 K R Anil Kumar Head of Finance upto Joydeep Mukherji Chief Financial Officer from Details of change in the period

27 FORM L-32-SOLVENCY MARGIN - KT 3 (See Regulation 4) Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO. 31st March 2010 Form Code: Name of Insurer: MetLife India Insurance Co. Ltd. Registration Number:117 Classification Code: (Formerly MetLife India Insurance Company Private Limited) Classification: Item (1) 01 (2) Available Assets in Policyholders' Fund: Deduct: 02 Mathematical Reserves 03 Other Liabilities 04 Excess in Policyholders' funds 05 Available Assets in Shareholders Fund: Deduct: 06 Other Liabilities of shareholders fund 07 Excess in Shareholders' funds 08 Total ASM (04)+(07) 09 Total RSM Description 10 Solvency Ratio (ASM/RSM) Certification: I, the Appointed Actuary, certify that the above statements have been prepared in accordance with the section 64VA of the Insurance Act, 1938, and the amounts mentioned therein are true and fair to the best of my knowledge. Adjusted Value [Amount (in rupees lakhs)] (4) 601, ,969 44, ,432 27,432 27,056 16, Place: BANGALORE Name and Signature of Appointed Actuary Date: 31/03/10 Phanesh M S V S Notes 1. Item No. 01 shall be the amount of the Adjusted Value of Assets as mentioned in Form IRDA-Assets- AA as specified under Schedule I of Insurance Regulatory and Development Authority (Assets, Liabilities, and Solvency Margin of Insurers) Regulations, 2000; 2. Item No. 02 shall be the amount of Mathematical Reserves as mentioned in Form H; 3. Item Nos. 03 and 06 shall be the amount of other liabilities as mentioned in the Balance Sheet; 4. Items No. 05 shall be the amount of the Total Assets as mentioned in Form IRDA-Assets- AA as specified under Schedule I of Insurance Regulatory and Development Authority (Assets, Liabilities, and Solvency Margin of Insurers) Regulations, 2000.

28 FORM L-33-NPAs-7A COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) Statement As on : 31st March 2010 Details of Investment Portfolio NAME OF THE FUND: LIFE FUND Periodicity of Submission : Quarterly CAT Code Company Code Instrument Type % Interest Has there been revision? Total O/S (Book Value) Defaulty Principal (Book Defaulty Interest Value) (Book Value) Principal Due From Interest Due from Deferred Principal Deferred Interest Rolled over Has there been any Principal Waiver? Classification Provision(%) Provision(Rs) Board Approval Amount Ref N. A

29 FORM L-33-NPAs-7A COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) Statement As on : 31st March 2010 Details of Investment Portfolio Periodicity of Submission : Quarterly NAME OF THE FUND: PENSION, GENERAL ANNUITY & GROUP FUND CAT Code Company Code Instrument Type % Interest Has there been revision? Total O/S (Book Value) Defaulty Principal (Book Defaulty Interest Value) (Book Value) Principal Due From Interest Due from Deferred Principal Deferred Interest Rolled over Has there been any Principal Waiver? Classification Provision(%) Provision(Rs) Board Approval Amount Ref N. A

30 FORM L-33-NPAs-7A COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) Statement As on : 31st March 2010 Details of Investment Portfolio Periodicity of Submission : Quarterly NAME OF THE FUND: LINKED FUND CAT Code Company Code Instrument Type % Interest Has there been revision? Total O/S (Book Value) Defaulty Principal (Book Defaulty Interest Value) (Book Value) Principal Due From Interest Due from Deferred Principal Deferred Interest Rolled over Has there been any Principal Waiver? Classification Provision(%) Provision(Rs) Board Approval Amount Ref N. A

31 FORM L-34-YIELD ON INVESTMENTS-1 - Life COMPANY NAME & CODE: Metlife India Insurance Company Limited (Regd No - 117) Statement As on : 31st March 2010 STATEMENT OF INVESTMENT AND INCOME ON INVESTMENT NAME OF THE FUND: LIFE FUND PERIODICITY OF SUBMISISSION : QUARTERELY (Rs. In Lakhs) NO. CATEGORY OF INVESTMENT Category Code INVESTMENT (Rs.)* Current Quarter Year to Date Previous Year NET GROSS NET INCOME ON INCOME ON GROSS YIELD(%) INVESTMENT INCOME ON YIELD(%) YIELD(%)* INVESTMENT( INVESTMENT(Rs.)** YIELD(%)*** **** (Rs.)* INVESTMENT(Rs.)** *** *** INVESTMENT (Rs.)* Rs.)** Central Government Securities Central Government Bonds CGSB % 2.13% 33,825 3, % 9.53% 26,580 2, % 7.96% Deposit Under Section 7 of Insurance Act 1938 CDSS % 2.17% % 10.00% % 8.31% Treasury Bills CTRB % 1.12% 2, % 3.83% % 1.39% State Governmnet /Other Approved Securities Securities/Other Guaranteed Securities SGOA % 2.26% 12,776 1, % 11.40% 11, % 8.57% INVESTMENTS SUBJECT TO EXPOSURE NORMS (a) Housing & Loans to State Govt for Housing / FEE (b) Infrastructure Investments Infrastructure - Other Corporate Securities Debentures / Bonds ICTD % 3.73% 10,793 1, % 12.54% 8, % 7.65% Infrastructure - PSU - Debentures / Bonds IPTD % 2.48% 15,767 1, % 9.70% 8, % 5.33% ('c) Approved Investments Corporate Securities - Equity Shares (Ordinary) - Quoted EACE % 10.17% PSU - Equity Shares - Quoted EAEQ % 25.25% Commercial Papers ECCP % 0.92% % 0.16% Deposits - Deposit with Scheduled Banks, FI's(incl. Bank Balance awaiting Investment), CCIL RBI ECDB % 0.84% 1, % 4.60% 2, % 1.46% Corporate Securities - Debentures ECOS % 2.39% 7, % 10.52% 3, % 14.81% Deposits - CDs with Scheduled Banks Mutual Funds - Gilt / G Sec / Liquid EDCD % 0.63% % 5.84% % 4.58% Schemes EGMF % 1.53% 1, % 4.77% (d) Other Investments Equity Shares (incl Co-op Societies ) OESH % 0.00% Equity Shares (PSUs & Unlisted) OEPU % 2.31% Debentures OLDB % 14.46% % 9.03% Mutual Funds - Debt / Income / Serial Plans / Liquid Secemes OMGS % 1.08% 1, % 6.43% 3, % 9.50% GROSS YIELD(%)* ** NET YIELD(%)* *** TOTAL 99, , ,162 8, ,776 5,403