Disclosures -NON LIFE INSURANCE COMPANIES

Transcription

1 Disclosures -NON LIFE INSURANCE COMPANIES Sr No Form No Description 1 NL-1-B-RA Revenue Account 2 NL-2-B-PL Profit & Loss Account 3 NL-3-B-BS Balance Sheet 4 NL-4-PREMIUM SCHEDULE Premium 5 NL-5-CLAIMS SCHEDULE Claims Incurred 6 NL-6-COMMISSION SCHEDULE Commission 7 NL-7-OPERATING EXPENSES SCHEDULE Operating Expenses 8 NL-8-SHARE CAPITAL SCHEDULE Share Capital 9 NL-9-PATTERN OF SHAREHOLDING SCHEDULE Pattern of Shareholding 10 NL-10-RESERVE AND SURPLUS SCHEDULE Reserves and Surplus 11 NL-11-BORROWING SCHEDULE Borrowings 12 NL-12-INVESTMENT SCHEDULE Shareholders 13 NL-13-LOANS SCHEDULE Loans 14 NL-14-FIXED ASSETS SCHEDULE Fixed Assets 15 NL-15-CASH AND BANK BALANCE SCHEDULE Cash and Bank Balance 16 NL-16-ADVANCES AND OTHER ASSETS SCHEDULE Advances & Other Assets 17 NL-17-CURRENT LIABILITIES SCHEDULE Current Liabilities 18 NL-18-PROVISIONS SCHEDULE Provisions 19 NL-19-MISC EXPENDITURE SCHEDULE Misc Expenditure 20 FORM NL-20 RECEIPTS AND PAYMENTS SCHEDULE Receipts & Payments 21 NL-21-STATEMENT OF LIABILITIES Statement of Liablities 22 NL-22-GEOGRAPHICAL DISTN OF BSNS Geographical Distribution of Business 23 NL-23-REINSURANCE RISK CONCENTRATION Reinsurance Risk Concentration 24 NL-24-AGEING OF CLAIMS Ageing of Claims 25 NL-25-CLAIMS DATA Claims Data 26 NL-26-CLAIMS INFORMATION Claims Information 27 NL-27-OFFICE OPENING Office Opening 28 NL-28-STATEMENT OF ASSETS Statement of Investment of Assets 29 NL-29-DEBT SECURITIES Debt Securities 30 NL-30-ANALYTICAL RATIOS Analytical Ratios 31 NL-31-RELATED PARTY TRANSACTIONS Related Party Transanctions 32 NL-32-PRODUCT INFORMATION Product Information 33 NL-33-SOLVENCY MARGIN Solvency 34 NL-34-BOD Board of Directors & Management 35 NL-35-NPAs NPAs 36 NL-36-YIELD ON INVESTMENTS Yield on Investment 37 NL-37-DOWN GRADING OF INVESTMENTS Downgrading of Investment 38 NL-38-BSNS RETURNS ACROSS LOB Quarterly Business Returns for different line of business 39 NL-39-RURAL AND SOCIAL SECTOR OBLIGATIONS Rural & Social Sector Obligations 40 NL-40-CHANNEL WISE PREMIUM Business Acquisition through different channels 41 NL-41-GRIEVANCE DISPOSAL Grievance Disposal 42 Annex-III Ratios

2 Particular Schedule FIRE BUSINESS MARINE BUSINESS Dec 31, 2015 MISCELLANEOUS BUSINESS Dec Dec 31, , 2015 Dec 31, 2015 Dec 31, 2016 ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) 1 Premiums Earned (Net) 1 26,259 47,935 8,527 55,274 18,795 79,530 16,408 51, ,786 2,582, ,540 2,000, ,840 2,710, ,475 2,106,782 2 Profit on Sale / Redemption of Investments (Net) (899) 9,877 (47) 2,800 (132) 2,501 (13) , ,790 2,446 18,318 93, ,168 2,387 21,854 3 Accretion/(Amortisation) of debt securities (557) (414) (73) 713 (140) (105) (19) 187 (7,785) (6,859) 285 4,666 (8,481) (7,377) 193 5,566 4 Other Investment Income from Terrorism Pool 3,177 5,366 8,296 8, ,755 1,755 3,752 6,336 10,051 10,051 Miscellenous Income/Liabilities written back Interest,Dividend & Rent - Gross (8,133) 16,940 6,936 27,290 (1,837) 4,290 1,814 7, , ,911 65, , , ,142 73, ,997 TOTAL (A) 19,849 79,706 23,640 94,373 16,689 86,219 18,190 59, ,507 3,021, ,100 2,203,578 1,033,045 3,187, ,930 2,357,250 1 Claims Incurred (Net) 2 36,019 74,226 76, ,225 (12,161) 54,625 35,007 56, ,171 2,233, ,453 1,509, ,029 2,362, ,937 1,700,847 2 Commission (Net) 3 (1,187) 3,987 (4,771) (12,770) 690 5,153 2,049 8,081 (25,632) (55,265) 20,445 50,519 (26,128) (46,125) 17,723 45,830 3 Operating Expenses Related to Insurance Business 4 11, ,593 1,006 37,822 7,139 43,278 11,665 39, ,311 1,205, ,302 1,305, ,877 1,419, ,973 1,383,003 4 Premium Deficiency TOTAL (B) 46, ,806 72, ,277 (4,332) 103,056 48, , ,850 3,383,723 1,024,200 2,865,188 1,013,777 3,736,584 1,145,633 3,129,680 Operating Profit/(Loss) (A-B) (26,411) (170,100) (49,073) (65,904) 21,021 (16,837) (30,531) (44,916) 24,657 (361,958) (274,100) (661,610) 19,267 (548,895) (353,703) (772,430) APPROPRIATIONS Transfer to Shareholders Account (26,411) (170,100) (49,073) (65,904) 21,021 (16,837) (30,531) (44,916) 24,657 (361,958) (274,100) (661,610) 19,267 (548,895) (353,703) (772,430) Transfer to Catastrophe Reserve Transfer to Other Reserves TOTAL (C) (26,411) (170,100) (49,073) (65,904) 21,021 (16,837) (30,531) (44,916) 24,657 (361,958) (274,100) (661,610) 19,267 (548,895) (353,703) (772,430) Dec 31, 2016 Note: See Notes appended at the end of Form NL-2-B-PL 263,707 34,008 64, , ,363 ** please refer Regulation 1 Part V- Preparation of Financial Statement of IRDA (Accounting) Regulation 2002 FORM NL-1-B-RA HDFC GENERAL INSURANCE LIMITED Registration No.146 Date of Registration with the IRDA:July 09,2010 REVENUE ACCOUNT FOR THE PERIOD ENDED DECEMBER 31, 2016 TOTAL BUSINESS Dec 31, 2015

3 FORM NL-2-B-PL HDFC GENERAL INSURANCE LIMITED. Registration No. 146 Date of Registration with the IRDA:July 09,2010 PROFIT /LOSS ACCOUNT FOR THE PERIOD ENDED DECEMBER 31, 2016 Sr no Particulars Dec Dec 31, , 2015 ( ` '000) ( ` '000) ( ` '000) ( ` '000) 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (26,411) (170,100) (49,073) (65,904) (b) Marine Insurance 21,021 (16,837) (30,531) (44,916) (c ) Miscellaneous Insurance 24,657 (361,958) (274,100) (661,610) 2 INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross 31,891 90,687 29,986 81,631 (b) Profit on sale of investments 27,607 52,877 1,151 8,376 Less: Loss on sale of investments (c ) Accretion/(Amortisation) of debt securities (2,550) (2,214) 139 2,134 Profit on sale of Fixed Assets OTHER INCOME (To be specified) TOTAL (A) 76,215 (407,545) (322,379) (680,213) 4 PROVISIONS (Other than taxation) (a) For diminution in the value of investments (b) For doubtful debts (c) Others (to be specified) - 7, OTHER EXPENSES Exps other than those related to Insurance Business (a) Employee's related remuneration and welfare benefits (a) Corporate Social Responsibility Expenses (c) Bad debts written off (d) Amalgamation Expenses - 5, Penalties Paid ,000 TOTAL (B) - 12,738-5,000 Profit/(Loss) Before Tax 76,215 (420,283) (322,379) (685,213) Provision for Taxation - Current Tax Less : MAT credit entitlement Deferred Tax Profit/(Loss) After Tax 76,215 (420,283) (322,379) (685,213) *Minimum Alternate Tax (MAT) 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) Balance of loss brought forward from last year (6,126,639) (5,630,141) (4,972,809) (4,609,976) Balance carried forward to Balance Sheet (6,050,424) (6,050,424) (5,295,189) (5,295,189) Notes: to Form NL-1-B-RA and NL-2-B- PL (a) Premium income received from business concluded in and outside India shall be separately disclosed. (b) Reinsurance premiums whether on business ceded or accepted are to be brought into account gross (i.e. before deducting commissions) under the head reinsurance premiums. (c) Claims incurred shall comprise claims paid, specific claims settlement costs wherever applicable and change in the outstanding provision for claims at the year-end,. (d) Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000 whichever is higher, shall be shown as a separate line item. (e) Fees and expenses connected with claims shall be included in claims. (f) Under the sub-head "Others shall be included items like foreign exchange gains or losses and other items. (g) Interest, dividends and rentals receivable in connection with an investment should be stated as gross amount, the amount of income tax deducted at source being included under 'advance taxes paid and taxes deducted at source.. (h) Income from rent shall include only the realised rent. It shall not include any notional rent.

4 FORM NL-3-B-BS HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA July BALANCE SHEET AS AT DECEMBER 31, 2016 Particulars SOURCES OF FUNDS SHARE CAPITAL Schedule NL-8-Share Capital Schedule As at As at ( ` '000) ( ` '000) 7,670,000 6,620,000 SHARE APPLICATION MONEY PENDING ALLOTMENT RESERVES AND SURPLUS FAIR VALUE CHANGE ACCOUNT BORROWINGS NL-10-Reserves and Surplus Schedule NL-11-Borrowings Schedule , DEFERRED TAX LIABILITY - - TOTAL 7,670,428 6,624,255 APPLICATION OF FUNDS INVESTMENTS LOANS FIXED ASSETS NL-12-Investment Schedule NL-13-Loans Schedule NL-14-Fixed Assets Schedule 6,600,707 5,373, , ,502 DEFERRED TAX ASSET - - CURRENT ASSETS Cash and Bank Balances Advances and Other Assets NL-15-Cash and bank balance Schedule NL-16-Advances and Other Assets Schedule 156, , , ,431 Sub-Total (A) 593,860 1,210,133 CURRENT LIABILITIES PROVISIONS NL-17-Current Liabilities Schedule NL-18-Provisions Schedule 4,262,167 3,563,069 1,348,021 1,891,259 Sub-Total (B) 5,610,188 5,454,328 NET CURRENT ASSETS (C) = (A - B) MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule (5,016,328) (4,244,195) - - DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT 6,050,424 5,295,189 TOTAL 7,670,428 6,624,255 CONTINGENT LIABILITIES Particulars As at As at ( ` '000) ( ` '000) Partly paid-up investments - - Claims, other than against - - policies, not acknowledged as debts by the company 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 Others (to be specified) - - TOTAL - -

5 FORM NL-4-PREMIUM SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration no: 146 Date of Registration with the IRDA:July 09,2010 PREMIUM EARNED [NET] Particulars Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Premium from direct business written 58, ,511 16,665 85, ,124 1,061, , , ,475 22,544 (1,391) 5,512 Net of Service Tax - - Add: Premium on reinsurance accepted 10,158 33, , Adjustment for change in reserve for 6,846 65,082 27,679 12, , , , , (1,493) 7,654 1,139 4,247 unexpired risks Gross Earned Premium 75, ,046 44,344 98, ,111,029 1,538, , ,131-8,945 1,982 30,197 (252) 9,759 Less : Premium on reinsurance ceded (49,202) (296,352) (58,145) (35,038) - - (510,577) (297,139) (238,862) (190,709) - - (2,491) (1,537) (4,117) (2,222) - - Net Premium 26, ,693 (13,802) 63, ,452 1,241, , ,422-8,945 (509) 28,660 (4,369) 7, Adjustment for change in reserve for (255) (93,758) 32,596 16, (95,414) 87,931 (39,667) 74, ,257 5,506 (2,528) (554) unexpired risks Premium Earned (Net) 26,259 47,935 18,795 79, ,038 1,329, , ,432-8,945 5,748 34,166 (6,896) 6,984 Particulars Engineering Aviation Personal Accident Health Home Weather/Crop Others Total ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Premium from direct business written 17, , ,409 15, , , ,712 15,153 1,016,457 2,796,696 Net of Service Tax Add: Premium on reinsurance accepted 1,839 8, ,997 50,489 Adjustment for change in reserve for (929) (17,394) - - 1,640 3,781 75,320 37, ,322 6,258 1,190, ,121 unexpired risks Gross Earned Premium 18,608 94, ,048 18, , , ,034 21,411 2,219,127 3,591,305 Less : Premium on reinsurance ceded (153,362) (91,574) - - (2,993) (2,406) (226,099) (142,115) (13,977) (9,269) (1,259,826) (1,068,362) Net Premium (134,753) 3, ,055 16,538 34, , (1,944) 12, ,301 2,522,944 Adjustment for change in reserve for 7,593 26, ,779 1,318 (26,493) 72, (7,329) (1,959) (123,461) 187,382 unexpired risks Premium Earned (Net) (127,161) 29, ,834 17,856 7, , (9,273) 10, ,840 2,710,326 Particulars Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Premium from direct business written 120, ,278 31, , ,877 1,329, , , , ,412 10,534 35,964 4,823 10,943 Net of Service Tax Add: Premium on reinsurance accepted 14,485 66, Adjustment for change in reserve for (182,352) (373,467) (5,943) (17,517) - - (101,748) (157,108) (80,905) (88,783) - - (638) (709) (2,260) 2,259 unexpired risks Gross Earned Premium (47,122) 105,327 25,680 90, ,129 1,172, , , , ,412 9,896 35,255 2,563 13,202 Less : Premium on reinsurance ceded (133,482) (413,071) (11,352) (39,217) - - (48,335) (103,049) (12,317) (34,365) (93,130) (93,130) (700) (2,304) (1,839) (3,215) Net Premium (180,604) (307,744) 14,328 51, ,794 1,069, , ,060 23,282 23,282 9,196 32, ,987 Adjustment for change in reserve for 189, ,018 2,080 (421) ,455 19,066 5,565 (16,743) ,061 (3,988) unexpired risks Premium Earned (Net) 8,527 55,274 16,408 51, ,249 1,088, , ,318 23,282 23,282 9,259 33,310 1,785 5,999 Particulars Engineering Aviation Personal Accident Health Home Weather/Crop Others Total ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Premium from direct business written 47, , ,742 21, , , ,788 21,425 1,224,318 3,217,721 Net of Service Tax Add: Premium on reinsurance accepted 1,965 15, ,464 81,925 Adjustment for change in reserve for (10,567) (31,173) - - (374) 30,411 (10,491) (35,246) (536) 1,733 (395,814) (669,601) unexpired risks Gross Earned Premium 39, , ,368 51, , , ,252 23, ,968 2,630,045 Less : Premium on reinsurance ceded (46,484) (118,766) - - (1,026) (3,129) (25,311) (73,879) (4,944) (12,264) (378,920) (896,389) Net Premium (7,446) (1,540) - - 5,342 48, , , ,308 10, ,048 1,733,656 Adjustment for change in reserve for 20,207 42, (33,908) 4,172 2, , , ,126 unexpired risks Premium Earned (Net) 12,761 41, ,346 14, , , ,997 10, ,475 2,106,782 Note: Reinsurance premiums whether on business ceded or accepted are to be brought into account, before deducting commission, under the head ofreinsurance premiums.

6 FORM NL-5 - CLAIMS SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration no: 146 Date of Registration with the IRDA:July 09,2010 CLAIMS INCURRED [NET] Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities Particulars ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Claims paid Direct claims 97, ,701 28,861 98, ,938 1,002,302 39, , ,351 10, Add Claims Outstanding at the end of the year 1,072,724 1,072,724 57,495 57, , ,996 3,318,429 3,318, ,469 15,469 2,120 2,120 Less Claims Outstanding at the beginning of the year (779,109) (734,101) (92,092) (85,674) - - (386,518) (282,698) (2,743,796) (2,334,038) - (16,070) (20,192) (8,782) (4,388) (2,561) Gross Incurred Claims 391, ,324 (5,736) 70, ,416 1,067, ,881 1,145,743 - (16,070) ,071 (2,268) (80) Add :Re-insurance accepted to direct claims (0) (0) - - (0) (0) (0) (0) 13,418 13,418 (0) (0) (0) (0) Less :Re-insurance Ceded to claims paid (90,455) (217,313) (12,051) (41,177) - - (70,819) (143,703) (710) (2,507) - - (268) (528) - (290) Less :Re-insurance Ceded to closing claims o/s (931,684) (931,684) (21,132) (21,132) - - (43,733) (43,733) (251,705) (251,705) - - (838) (838) (1,718) (1,718) Add :Re-insurance Ceded to opening claims o/s 666, ,115 26,758 46, ,045 60,522 27, , , ,535 2,095 Total Claims Incurred 36,019 74,225 (12,161) 54, , , ,148 1,014,557 13,418 (2,652) ,150 (451) 7 Engineering Aviation Personal Accident Health Home Weather/Crop Others Total Particulars ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Claims paid Direct claims 28, , ,121 14,196 92, , ,398 35, ,088 1,990,202 Add Claims Outstanding at the end of the year 231, , ,674 24,674 81,782 81, ,115 48,115 5,200,119 5,200,119 Less Claims Outstanding at the beginning of the year (223,499) (282,334) - - (21,247) (35,959) (92,976) (78,234) (55,974) (91,632) (4,419,791) (3,952,083) Gross Incurred Claims 35,878 71, ,547 2,911 81, , (2,462) (7,980) 1,404,416 3,238,238 Add :Re-insurance accepted to direct claims (0) (0) (0) (0) (0) (0) 13,705 15,195 Less :Re-insurance Ceded to claims paid (25,070) (86,748) - - (56) (1,503) (22,748) (33,794) (4,324) (18,136) (226,501) (545,699) Less :Re-insurance Ceded to closing claims o/s (139,596) (139,596) - - (1,261) (1,261) (11,392) (11,392) (37,572) (37,572) (1,440,632) (1,440,632) Add :Re-insurance Ceded to opening claims o/s 141, , ,419 7,986 5, ,952 66,518 1,025,039 1,095,677 Total Claims Incurred 12,528 50, ,381 10,566 55, , ,594 2, ,027 2,362,778 Particulars Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Claims paid Direct claims 32, ,293 45,042 71, , ,555 59, , ,128 17, Add Claims Outstanding at the end of the year 623, , , , , ,011 2,149,993 2,149, ,211 10,211 2,553 2,553 Less Claims Outstanding at the beginning of the year (637,877) (619,788) (123,837) (117,376) - - (211,265) (182,841) (2,032,695) (1,650,827) - - (18,789) (22,689) (2,705) (2,959) Gross Incurred Claims 18, ,054 33,704 66, , , , , ,806 (132) (254) Add :Re-insurance accepted to direct claims 178, , Less :Re-insurance Ceded to claims paid (185,981) (304,801) (30,564) (39,336) - - (16,237) (43,695) (144) (22,615) - - (457) (865) (1) (8) Less :Re-insurance Ceded to closing claims o/s (450,185) (450,185) (38,685) (38,685) - - (115,238) (115,238) (4,259) (4,259) - - (336) (336) (1,975) (1,975) Add :Re-insurance Ceded to opening claims o/s 515, ,185 70,552 68, ,161 10,569 6,665 13, ,023 1,985 2,006 Total Claims Incurred 76, ,225 35,007 56, , , , , ,628 (123) (231) Particulars Engineering Aviation Personal Accident Health Home Weather/Crop Others Total ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Claims paid Direct claims 19,416 72, ,415 24,478 58, , ,283 8, ,666 1,269,900 Add Claims Outstanding at the end of the year 341, , ,452 23,452 90,904 90, ,439 29,439 3,728,896 3,728,896 Less Claims Outstanding at the beginning of the year (263,495) (296,895) - - (24,592) (33,718) (79,644) (91,843) (26,974) (26,515) (3,421,873) (3,045,451) Gross Incurred Claims 97, , ,275 14,212 69, , ,748 11, ,689 1,953,345 Add :Re-insurance accepted to direct claims 51 1, , ,111 Less :Re-insurance Ceded to claims paid (5,335) (34,369) - - (221) (1,373) (3,116) (13,406) (769) (1,763) (242,825) (462,231) Less :Re-insurance Ceded to closing claims o/s (255,344) (255,344) - - (329) (329) (1,894) (1,894) (13,983) (13,983) (882,228) (882,228) Add :Re-insurance Ceded to opening claims o/s 183, , ,473 2, ,257 7, , ,850 Total Claims Incurred 19,913 38, ,195 13,405 66, , , ,937 1,700,847 a) Incurred But Not Reported (IBNR), Incurred but not enough reported [IBNER] claims should be included in the amount for outstanding claims. b) Claims includes specific claims settlement cost but not expenses of management c) The surveyor fees, legal and other expenses shall also form part of claims cost. d) Claims cost should be adjusted for estimated salvage value if there is a sufficient certainty of its realisation.

7 FORM NL-6-COMMISSION SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA July 09, 2010 COMMISSION Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities Particulars ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Commission paid Direct 2,794 22,870 1,423 9, ,255 51,223 (0) (0) , Add: Re-insurance Accepted 1,528 2, (27) Less: Commission on Re-insurance Ceded (5,508) (21,848) (733) (4,000) - - (10,688) (56,264) (10,277) (35,371) - - (26) (171) (5) (100) Net Commission (1,186) 3, , (433) (5,068) (10,277) (35,371) , Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents * 212 1, , ,022 13, Brokers 2,581 21,386 1,360 8, ,327 35, , Corporate Agency Referral Others: Web aggregator 1 (4) ,906 2, TOTAL (B) 2,794 22,870 1,424 9, ,255 51, , Engineering Aviation Personal Accident Health Home Weather/Crop Others Total Particulars ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Commission paid Direct 930 4, ,244 11,757 37, ,573 27, ,858 Add: Re-insurance Accepted ,791 3,868 Less: Commission on Re-insurance Ceded (2,837) (9,022) - - (41) (145) (25,531) (54,161) (74) (768) (55,720) (181,849) Net Commission (1,646) (3,124) ,099 (13,775) (16,547) (26,128) (46,123) Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents * ,972 23, ,436 42,007 Brokers 912 4, ,442 3,221 12, ,128 12,899 85,630 Corporate Agency Referral Others: Web aggregator (2) 7 1,564 1, (2) 114 3,469 4,222 TOTAL (B) 929 4, ,244 11,757 37, ,573 27, ,860 Particulars Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Commission paid Direct 7,148 26,023 3,498 13, ,456 61, , ,292 Add: Re-insurance Accepted 5,404 5, Less: Commission on Re-insurance Ceded (17,323) (44,197) (1,450) (5,294) - - (3,998) (9,961) (794) (1,711) - - (106) (296) (183) (352) Net Commission (4,771) (12,770) 2,049 8, ,491 51,283 (794) (1,711) , Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents * 1,459 4, , ,116 30, Brokers 5,690 21,317 3,121 11, ,340 30, , ,170 Referral Others: Web aggregator TOTAL (B) 7,148 26,023 3,498 13, ,456 61, , ,292 Particulars Engineering Aviation Personal Accident Health Home Weather/Crop Others Total ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) Commission paid Direct 2,696 7, ,431 10,292 31, ,307 50, ,030 Add: Re-insurance Accepted ,325 6,325 Less: Commission on Re-insurance Ceded (7,740) (21,089) - - (51) (160) (7,405) (24,533) (345) (930) (39,395) (108,523) Net Commission (4,158) (12,766) ,271 2,887 6, ,377 17,725 45,832 Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents * 427 1, ,315 19, ,229 59,556 Brokers 2,269 5, ,061 3,977 11, ,744 31,534 88,374 Corporate Agency Referral Others: Web aggregator TOTAL (B) 2,696 7, ,431 10,292 31, ,307 50, ,031 Note: The profit/ commission, if any, are to be combined with the Re-insurance accepted or * The amount includes paid to Corporate Agents.

8 FORM NL-7-OPERATING EXPENSES SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA July 09,2010 OPERATING EXPENSES RELATED TO INSURANCE BUSINESS Particulars Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) 41,631 10,500 10, ,694 24,980 91, , Employees remuneration & welfare 959 1, benefits Travel, conveyance 2 and vehicle running 241 3, ,404 11,183 2,396 7, expenses 3 Training expenses (8) 54 (0) (13) (0) 4 (0) 1 4 Rents, rates & taxes 1,220 11, , ,885 36,915 8,599 25, Repairs 336 2, ,467 7,680 1,923 5, Printing & stationery 206 1, ,988 1,050 2, Communication , , Legal & professional charges 2,471 14, , ,067 44,927 12,069 31, Auditors' fees, expenses etc (a) as auditor (b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters (iii) Management services; and (c) in any other capacity Advertisement and publicity 6,542 60,724 3,090 15, , ,636 44, , , Interest & Bank Charges , , Others (to be specified) Electricity expenses , , , Office Expenses (143) 102 (30) (402) 320 (176) (9) 7 (2) 2 Miscellaneous expenses 88 1, ,881 1,017 3, Service Charges Technical Service Charges Information Technology Expenses ,500 14, , ,296 46,391 10,751 32, Postage & courier 224 1, ,680 1,024 2, Loss on sale of assets (net) Depreciation (2,571) 15,319 (173) 3, (4,583) 48,092 4,438 33, (100) 1,021 (28) 250 TOTAL 11, ,593 7,139 43, , , , , ,397 11, ,797 Engineering Aviation Personal Accident Health Home Weather/Crop Others Total Particulars ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) 13,136 1,867 11,622 50,204 1,866 50, ,461 1 Employees remuneration & welfare benefits Travel, conveyance 2 and vehicle running 110 1, ,145 4, ,502 29,473 expenses 3 Training expenses (2) (0) (0) 2 (1) Rents, rates & taxes 494 3, ,183 14, ,228 97,294 5 Repairs , ,012 20,241 6 Printing & stationery , ,831 10,512 7 Communication , ,536 7,575 8 Legal & professional charges 902 4, ,027 17, , ,545 9 Auditors' fees, expenses etc - - (a) as auditor ,104 (b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters (iii) Management services; and (c) in any other capacity Advertisement and publicity 2,622 19, ,723 21,831 73, , , , Interest & Bank Charges ,370 5, Others (to be specified) - - Electricity expenses , ,082 9,056 Office Expenses (43) (7) 5 (110) (6) 5 (927) 843 Miscellaneous expenses , ,276 12,864 Service Charges Technical Service Charges - - Information Technology Expenses 610 4, ,225 17, , ,268 Postage & courier , ,855 9,699 Loss on sale of assets (net) Depreciation (627) 4, (128) 687 1,503 18, (104) 687 (2,373) 126,752 TOTAL 5,256 54, ,695 54, , , ,878 1,419,931 Particulars Fire Marine Cargo Marine Hull Motor-OD Motor-TP Motor/Declined Risk Pool Workmens Compensation Other Liabilities ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) 11,943 12,565 88, ,895 34,783 97,010 4,231 4,231 1,821 6, ,404 1 Employees remuneration & welfare 410 3, benefits Travel, conveyance 2 and vehicle running (6) ,601 15,163 2,181 6, expenses 3 Training expenses (2) Rents, rates & taxes 126 2, , ,976 46,767 7,514 20, , Repairs (44) ,567 10,900 1,356 4, Printing & stationery ,215 5, , Communication ,290 3, , Legal & professional charges 285 2,829 1,033 2, ,089 52,803 9,252 22,981 1,002 1, , Auditors' fees, expenses etc (a) as auditor , (b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters (iii) Management services; and (c) in any other capacity Advertisement and publicity 376 9,268 2,958 9, , ,975 27,309 75,283 3,283 3,283 1,435 4, , Interest & Bank Charges (22) , Others (to be specified) Electricity expenses (29) ,432 4, , Office Expenses (25) 19 (13) (153) 360 (80) (6) 10 (1) 2 Miscellaneous expenses (76) ,040 7, , Service Charges Information Technology 3,456 3, ,496 28,070 1,224 1, Expenses (128) ,648 8,735 1, Postage & courier ,775 3, , Loss on sale of assets (net) Depreciation 99 4,862 1,476 5, ,118 90,746 13,793 39,495 1,722 1, , TOTAL 1,006 37,822 11,665 39, , , , ,211 13,398 13,398 5,659 19,370 1,717 4,447 Particulars Engineering Aviation Personal Accident Health Home Weather/Crop Others Total ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) ( ` '000) 5,385 1,057 3,299 23,061 70, , , ,718 1 Employees remuneration & welfare benefits Travel, conveyance 2 and vehicle running ,429 4, ,980 29,708 expenses 3 Training expenses (0) Rents, rates & taxes 144 1, ,002 14, ,288 91,630 5 Repairs , ,226 21,357 6 Printing & stationery , ,961 11,465 7 Communication , ,321 6,434 8 Legal & professional charges 221 1, ,230 16, , ,457 9 Auditors' fees, expenses etc (a) as auditor ,046 (b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters (iii) Management services; and (c) in any other capacity Advertisement and publicity 494 4, ,560 18,136 54, , , , Interest & Bank Charges (5) , Others (to be specified) Electricity expenses (3) , ,464 9,256 Office Expenses (10) (3) 5 (66) (2) 3 (353) 706 Miscellaneous expenses (16) , ,396 15,311 Service Charges Technical Service Charges - - Information Technology Expenses 1, , , , , Postage & courier , ,273 7,353 Loss on sale of assets (net) Depreciation 218 2, ,343 9,110 28, , ,798 TOTAL 1,796 17, ,289 10,448 71, , ,061 5, ,974 1,383,004 Note: Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000

9 FORM NL-8-SHARE CAPITAL SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 SHARE CAPITAL Sr no. Particulars As at As at ( ` '000) ( ` '000) 1 Authorised Capital 8,500,000 7,500, ,000,000 Equity Shares of ` 10/- each (As on 31st Dec 2015 : 750,000,000 Equity Shares of ` 10/- each) 2 Issued Capital 7,670,000 6,620, ,000,000 Equity Shares of ` 10/- each (As on 31st Dec 2015 : 662,000,000 Equity Shares of ` 10/- each) 3 Subscribed Capital 7,670,000 6,620, ,000,000 Equity Shares of ` 10/- each (As on 31st Dec 2015 : 662,000,000 Equity Shares of ` 10/- each) 4 Called-up Capital 7,670,000 6,620, ,000,000 Equity Shares of ` 10/- each (As on 31st Dec 2015 : 662,000,000 Equity Shares of ` 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 7,670,000 6,620,000 Shares held by Housing Development Finance Corporation Limited, - - the holding company Notes: (a) Particulars of the different classes of capital should be separately stated. (b) The amount capitalised on account of issue of bonus shares should be disclosed. (c) In case any part of the capital is held by a holding company, the same should be separately disclosed.

10 FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 SHARE CAPITAL PATTERN OF SHAREHOLDING [As certified by the Management] Shareholder As at As at Number of Shares % of Holding Number of Shares % of Holding Promoters Indian 767,000, % 662,000, % Foreign % % Others : (Employees) % % TOTAL 767,000, % 662,000, %

11 Particulars ( ` '000) ( ` '000) 1 Capital Reserve Capital Redemption Reserve Share Premium FORM NL-10-RESERVES AND SURPLUS SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 RESERVES AND SURPLUS As at As at General Reserves - - Less: Debit balance in Profit and Loss Account - - Less: Amount utilized for Buy-back Catastrophe Reserve Other Reserves (to be specified) Balance of Profit in Profit and Loss Account -Opening - - Add: Profit during the period - - Less: Adjustment of Depreciation (net of deferred tax) TOTAL - - Note: Additions to and deductions from the reserves should be disclosed under each of the specified heads.

12 FORM NL-11-BORROWINGS SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 BORROWINGS Sr no. Particulars As at As at ( ` '000) ( ` '000) 1 Debentures/ Bonds Banks Financial Institutions Others (to be specified) Non Convertible Debentures - - TOTAL - - Notes: a) The extent to which the borrowings are secured shall be separately disclosed stating the nature of the security under each sub-head. b) Amounts due within 12 months from the date of Balance Sheet should be shown separately

13 FORM NL-12-INVESTMENT SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 Investments Sr.no. Particulars As at As at ( ` '000) ( ` '000) LONG TERM INVESTMENTS 1 Government securities and Government 1,742,121 2,092,403 guaranteed bonds including Treasury Bills 2 Other Approved Securities 635,805 1,116,430 3 Other Investments (a) Shares (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds 1,663,983 - (e) Other Securities (Bank Deposits) - - (f) Subsidiaries - - (g) Investment Properties-Real Estate Investments in Infrastructure and Social Sector 1,372,119 1,456,387 5 Other than Approved Investments -Equity - 102,524 -Preference 30,250 - SHORT TERM INVESTMENTS 1 Government securities and Government 242,503 - guaranteed bonds including Treasury Bills 2 Other Approved Securities - 98,624 3 Other Investments (a) Shares (aa) Equity - - (bb)preference - - (b) Mutual Funds 401, ,391 (a) Derivative Instruments - - (b) Debentures/ Bonds 149,886 - (c) Other Securities (Commercial Papers and 196,783 - Certificate of Deposits) (d) Subsidiaries - - (e) Investment Properties-Real Estate Investments in Infrastructure and Social Sector 99,601-5 Other than Approved Investments -Mutual Fund 66, Preference Shares - - TOTAL 6,600,707 5,373,759 Notes: a) Aggregate value of the investments other than Equity Shares and Mutual Fund ( ` '000) ( ` '000) Long term investments - Book Value 5,444,279 31,947,486 Market Value 5,510,854 33,205,329 Short term investments - Book Value 688,772 4,396,356 Market Value 693,436 4,424,690

14 FORM NL-13-LOANS SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 LOANS Particulars As at As at ( ` '000) ( ` '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 - - Notes: (a) Short-term loans shall include those, which are repayable within 12 months from the date of balance sheet. Long term loans shall be the loans other than short-term loans. (b) Provisions against non-performing loans shall be shown separately. (c ) The nature of the security in case of all long term secured loans shall be specified in each case. Secured loans for the purposes of this schedule, means loans secured wholly or partly against an asset of the company. (d) Loans considered doubtful and the amount of provision created against such loans shall be disclosed.

15 FIXED ASSETS ( ` '000) Particulars Cost/ Gross Block Depreciation Net Block Opening as on Closing as on Up to Last Year For The Period On Sales/ As at December As at December Additions Deductions To Date April 01, 2016 Adjustments 31, , 2015 Goodwill Intangibles-Computer Software 1,058, (0) 1,059, , , ,057,118 1, ,693 Land-Freehold Leasehold Property Buildings Furniture & Fittings 57,321 3,395 9,966 50,750 45,222 1,234 9,935 36,521 14,229 8,557 Information Technology Equipment 39,525 14,765 16,913 37,377 27,950 11,740 16,453 23,237 14,140 12,098 Vehicles Office Equipment 12, ,114 8,867 9, ,000 6,130 2,737 2,185 Others (Specify nature) Leased Vehicles Leased Information Technology Leased Software TOTAL 1,167,429 19,662 30,993 1,156,098 1,026, ,752 30,389 1,123,005 33, ,534 Capital work in progress ,533 1,969 Grand Total 1,167,429 19,662 30,993 1,156,098 1,026, ,752 30,389 1,123,005 35, ,502 December 31, ,136,243 27,773-1,164, , , , ,502 - Note: HDFC GENERAL INSURANCE LIMITED Registration no: 146 Date of Registration with the IRDA:July 09,2010 Assets included in land, property and building above exclude Investment Properties as defined in note (e) to Form NL-12-Investment Schedule.

16 FORM NL-15-CASH AND BANK BALANCE SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 CASH AND BANK BALANCES Sr.no. Particulars As at As at ( ` '000) ( ` '000) 1 Cash (including cheques, drafts and stamps) 48, Bank Balances (a) Deposit Accounts (aa) Short-term (due within 12 months) 22,836 - (bb) Others - - (b) Current Accounts 84, ,770 (c) Others (to be specified) Money at Call and Short Notice (a) With Banks - - (b) With other Institutions Others (to be specified) - - TOTAL 156, ,702 Balances with non-scheduled banks included in 2 and 3 above - - Note : Bank balance may include remittances in transit. If so, the nature and amount should be separately stated.

17 FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 ADVANCES AND OTHER ASSETS Particulars As at As at ( ` '000) ( ` '000) ADVANCES 1 Reserve deposits with ceding companies Application money for investments Prepayments 12,727 17,971 4 Advances to Directors/Officers Advance tax paid and taxes deducted at 2 2 source (Net of provision for taxation) 6 Others (to be specified) Advances to employees 2, Advances to suppliers 5,936 13,418 Advances payment for Service Tax 40,818 - MAT credit entitlement - - TOTAL (A) 61,879 32,242 OTHER ASSETS 1 Income accrued on investments 179, ,975 2 Outstanding Premiums 2, ,793 3 Agents Balances Foreign Agencies Balances Due from other entities carrying on insurance 184, ,669 business (including reinsurers) Less : Provisions for doubtful debts (20,563) 6 Due from subsidiaries/ holding Deposit with Reserve Bank of India - - [Pursuant to section 7 of Insurance Act, 1938] 8 Others (to be specified) Deposits for premises 28, ,752 Stock of Salvaged Cars - - TOTAL (B) 375, ,189 TOTAL (A+B) 437, ,431 Notes: (a)the items under the above heads shall not be shown net of provisions for doubtful amounts. The amount of provision against each head should be shown separately. (b)the term officer should conform to the definition of that term as given under the Companies Act, (c)sundry Debtors will be shown under item 9(others)

18 FORM NL-17-CURRENT LIABILITIES SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 CURRENT LIABILITIES Sr.no. Particulars As at As at ( ` '000) ( ` '000) 1 Agents Balances 8,301 5,993 2 Balances due to other insurance companies 48, ,155 3 Deposits held on re-insurance ceded Premiums received in advance 17,489 32,647 5 Unallocated Premium 129, ,706 6 Unclaimed amount of Policy holders' Liabilities 27,547 9,670 7 Sundry creditors 259, ,723 8 Due to subsidiaries/ holding company Claims Outstanding 3,759,487 2,849, Due to Officers/ Directors Others (to be specified) Service tax liability - 30,490 Tax deducted payable 8,917 9,143 Other statutory dues 3, TOTAL 4,262,167 3,563,069

19 FORM NL-18-PROVISIONS SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 PROVISIONS Sr.no. Particulars As at As at ( ` '000) ( ` '000) 1 Reserve for Unexpired Risk 1,292,685 1,852,894 2 For taxation (less advance tax paid and - - taxes deducted at source) 3 For proposed dividends For dividend distribution tax Others : Provision for Employee benefits 55,336 38,365 TOTAL 1,348,021 1,891,259

20 Sr.no. Particulars As at As at ( ` '000) ( ` '000) 1 Discount Allowed in issue of shares/ debentures Others (to be specified) Pre-operative expenses: Opening balance - - Incurred during the year - - Less :Amortisation during the year - - TOTAL - - Notes: FORM NL-19 MISC EXPENDITURE SCHEDULE HDFC GENERAL INSURANCE LIMITED Registration No. 146 Date of Registration with the IRDA:July 09,2010 MISCELLANEOUS EXPENDITURE (To the extent not written off or adjusted) (a) No item shall be included under the head Miscellaneous Expenditure and carried forward unless: 1. some benefit from the expenditure can reasonably be expected to be received in future, and 2. the amount of such benefit is reasonably determinable. (b) The amount to be carried forward in respect of any item included under the head Miscellaneous Expenditure shall not exceed the expected future revenue/other benefits related to the expenditure.

21 W FORM NL-21 Statement of Liabilities HDFC General Insurance Limited Statement of Liabilities (FORM IRDAI-GI-TR) ( ` in lakhs) December 31, 2016 December 31, 2015 Item No. Reserve Gross Reserve Net Reserve Gross Reserve Net Reserve (a) Unearned Premium Reserve (UPR) 18,763 12,927 28,836 18,529 (b) Premium Deficiency Reserve (PDR) (c) Unexpired Risk Reserve (URR) (a)+(b) 18,763 12,927 28,836 18,529 (d) Outstanding Claim Reserve (other than IBNR reserve) 30,718 18,937 22,579 13,757 (e) IBNR reserve 21,248 18,623 16,341 14,710 (f) Total Reserves for Technical Liabilities (c)+(d)+(e) 70,728 50,486 67,756 46,996 Note: The form is prepared basis the format as prescribed in the Insurance Regulatory Development Authority of India (Assets, Liabilities and Solvency Margin of General Insurance Business) Regulations, 2016.

22 PERIODIC DISCLOSURES FORM NL-22 Geographical Distribution of Business HDFC General Insurance Limited GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE QUARTER ENDED DECEMBER 31,2016 (` 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 qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr For the qtr Upto the qtr Andhra Pradesh (0.0) Arunachal Pradesh Assam Bihar Chhattisgarh Goa Gujarat , ,008.3 Haryana Himachal Pradesh Jammu & Kashmir Jharkhand Karnataka ,695.8 Kerala Madhya Pradesh Maharasthra , , , (0.2) , , ,538.7 Manipur Meghalaya Mizoram Nagaland Orissa Punjab Rajasthan Sikkim Tamil Nadu ,285.3 Telangana Tripura Uttar Pradesh 6.6 (41.4) Uttrakhand West Bengal ,462.5 Andaman & Nicobar Is Chandigarh Dadra & Nagra Haveli Daman & Diu Delhi , , ,034.0 Lakshadweep Puducherry Total , , , , , , , , , ,967.0