to (Rs. 000) 1 Premium Earned (Net) NL-4-Premium Schedule

Transcription

1 FORM NL-1-B-RA REVENUE ACCOUNT FOR THE PERIOD ENDING 31ST MARCH, 2017 SN Particulars Schedule For the quarter Up to the Quarter For the Up to the corresponding Quarter of the quarter of the preceding preceding year year to to to to (Rs. 000) 1 Premium Earned (Net) NL-4-Premium Schedule Profit/Loss on Sale/Redemption of Investments (10656) 1850 (82) Accretion of Discount on Investment Recovery of Co insurance Administrative Charges (141556) Interest, Dividend & Rent -Gross Claims Incurred (Net) NL-5-Claims Schedule 2 Commission NL-6- Commission Schedule 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule TOTAL (A) ( ) ( ) (632614) ( ) Premium Deficiency (216747) 5 Bank Interest Expenses related to Investments : a) Amortization of Premium on Investments b) Bank Charges c) Stock Holding Charges d) Other Expenses TOTAL (B) Operating Profit from Crop Insurance Business C=(A-B) ( ) APPROPRIATIONS Transfer to Shareholders' Account ( ) Transfer to Catastrophe Reserve Transfer to Other Reserves TOTAL ( )

2 FORM NL-2-B-PL PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDING 31ST MARCH, 2017 SN Particulars Schedule For the quarter to Up to the Quarter to For the corresponding quarter of the preceding year to Up to the Quarter of the preceding year to (Rs. 000) 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (b) Marine Insurance (c) Misc. Insurance-Crop Insurance ( ) INCOME FROM INVESTMENTS a) Interest, Dividend & Rent Gross b) Profit on sale/redemption of investments (7494) 1301 (59) 6140 c) Accretion of Discount on Investment OTHER INCOME 0 a) Miscellaneous Receipts b) Profit on Sale of Assets c) Income from administration of outgoing Coinsurance Business d) Prior Period Income TOTAL (A) ( ) PROVISIONS (Other than taxation) a) For diminution in the value of investments b) Provision for standard asset OTHER EXPENSES a) Expenses other than those related to Insurance Business i) Amortisation of Premium on Investments ii) Stock Holding Charges iii) Bank Interest & Charges iv) Other investment related expenses b) Bad debts written off c) Others i) Loss on Sale of Assets ii) Prior Period Expenses (1) iii) Wealth Tax (41) iv) Corporate Social Responsibility v) Others TOTAL (B) Profit Before Tax C= (A-B) ( ) PROVISION FOR TAXATION a) Income Tax (Current Year) ( ) b) Income Tax (pertaining to earlier years) c) Deferred Tax (19455) (19455) (15251) (15251) ( ) Profit After Tax (D) ( ) APPROPRIATIONS a) Proposed final dividend b) Dividend distribution tax c) Transfer to any Reserves or Other Accounts ( ) Balance of profit/ loss brought forward from last year Balance carried forward to Balance Sheet ( )

3 SOURCES OF FUNDS Share Capital Share Application Money Pending allotment Reserves and Surplus Current Year to Previous Year to NL-8-Share Capital Schedule x NL-10-Reserves and Surplus Schedule Fair Value Change Account (176831) Deferred Tax Liability (net) Borrowings NL-11-Borrowings Schedule 0 0 APPLICATION OF FUNDS FORM NL-3-B-BS Registration No. 126 and Date of Registration with the IRDA: BALANCE SHEET AS AT 31ST MARCH, 2017 Particulars Schedule (Rs. 000) TOTAL Investments NL-12-Investment Schedule Loans NL-13-Loans Schedule Fixed Assets NL-14-Fixed Assets Schedule Deferred Tax Asset (net) 86 0 Current Assets Cash and Bank Balances NL-15-Cash and bank balance Schedule Advances and Other Assets NL-16-Advances and Other Assets Schedule Sub-Total (a) Current Liabilities NL-17-Current Liabilities Schedule Provisions NL-18-Provisions Schedule Deferred Tax Liability (net) 0 0 Sub-Total (B) NET CURRENT ASSETS (C) = (A - B) ( ) ( ) Miscellaneous Expenditure (To the extent not NL-19-Miscellaneous 0 0 written off or adjusted) Expenditure Schedule Debit Balance in Profit and Loss Account 0 0 TOTAL Contingent Liabilities Claims, other than against policies, not acknowledged as debts by the Company 0 0

4 FORM NL- 4 PREMIUM SCHEDULE PREMIUM EARNED (NET) FOR THE PERIOD ENDING 31ST MARCH, 2017 Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year Premium from direct business written (Net of Service Tax) Add: Premium on reinsurance accepted to to to to Less : Premium on reinsurance ceded Net Premium Adjustment for change in reserve for unexpired risks (65860) (270665) ( ) Premium Earned (Net)

5 FORM NL-5 CLAIMS SCHEDULE CLAIMS INCURRED [NET] FOR THE PERIOD ENDING 31ST MARCH, 2017 Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year to to to to Claims paid Add: Reinsurance Accepted Less:Reinsurance Ceded Net Claims paid Add Claims Outstanding at the end of the current year Add: Reinsurance Accepted (39909) Less: Reinsurance Ceded Net Claims Outstanding at the end of Current year Less Claims Outstanding at the end of the previous of the year Add: Reinsurance Accepted Less: Reinsurance Ceded Net Claims Outstanding at the end of the previous year (1) Gross Incurred Claims Add :Re-insurance accepted to direct claims (468) Less :Re-insurance Ceded to claims paid Total Claims Incurred

6 FORM NL-6 COMMISSION SCHEDULE COMMISSION FOR THE PERIOD ENDING 31ST MARCH, 2017 in Rs. '000 Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year to to to to Commission paid Direct Add: Re-insurance Accepted (72) Less: Commission on Re-insurance Ceded Net Commission ( ) ( ) (632614) ( ) Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents Brokers Corporate Agency Others: 0 (i) Micro Insurance Agents/NGO's etc (ii) Reimbursement to GIPSA Companies (Coinsurance-Tie Up) (iii) Insurance Commission to others

7 FORM NL-7 OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS (Rs. 000) SN Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year to to to to Employees remuneration & welfare benefits Travel, conveyance and vehicle running expenses Training expenses Rents, rates & taxes Repairs Printing & Stationery Communication Legal & Professional charges Auditor's Fees, Expenses etc (a) as auditor (b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters (iii) Management services; and (c) in any other capacity Advertisement and Publicity Research & Development Expenses Fee & Subscription to Statutory Authorities Interest & Bank Charges Depreciation Information Technology Service charges to Banks/FI's Other Total The Previous Year figures of Rs. 24,28,10 thousand pertaining to ''Service Charges to Banks" & "Insurance Commission to others" have been regrouped from "Schedule 3" to "Schedule 4" under the heading 'Service charges to Banks/FI's' to make it comparable with Current Year figures.

8 FORM NL-8 SHARE CAPITAL SCHEDULE SHARE CAPITAL AS AT 31ST MARCH, 2017 SN Particulars Current Year Previous Year (Rs. 000) 1 Authorised Capital Equity Shares of Rs 10 each Issued Capital Equity Shares of Rs.10 each Subscribed Capital Equity Shares of Rs.10 each Called-up Capital Equity Shares of Rs.10 each Less : Calls unpaid 0 0 Add : Equity Shares forfeited (Amount 0 0 originally paid up) Less : Par Value of Equity Shares bought back 0 0 Less : Preliminary Expenses 0 0 Expenses including commission or 0 0 brokerage on Underwriting or subscription of shares 0 0 TOTAL

9 FORM NL-9 PATTERN OF SHAREHOLDING SCHEDULE PATTERN OF SHAREHOLDING AS AT 31ST MARCH, 2017 [As certified by the Management] Promoters Indian Shareholder As at As at Number of Shares ('000) % of Holding Number of Shares ('000) % of Holding General Insurance Corporation of India % % National Agriculture Bank for Rural Development National Insurance Company Ltd.& its nominee % % % % The Oriental Insurance Company Ltd % % United India Insurance Company Ltd % % The New India Assurance Company Ltd. & its nominee % % Foreign NIL NIL NIL NIL Others TOTAL % %

10 FORM NL-10 RESERVES AND SURPLUS SCHEDULE RESERVES AND SURPLUS AS AT 31ST MARCH, 2017 (Rs. 000) SN Particulars Current Year Previous Year Capital Reserve Capital Redemption Reserve Share Premium General Reserve Opening Balance Less: Change in Depreciation Reserve as per Companies Act 2013 Add: Profit transferred during the year Catastrophe Reserve Other Reserves 0 0 Balance of Profit in Profit & Loss Account TOTAL

11 FORM NL-11 BORROWINGS SCHEDULE BORROWINGS AS AT 31ST MARCH, 2017 SN Particulars Current Year Previous Year (Rs. 000) 1 Debentures/ Bonds Banks Financial Institutions Others (to be specified) 0 0 TOTAL 0 0

12 SN FORM NL-12 INVESTMENTS SCHEDULE INVESTMENTS AS AT 31ST MARCH, 2017 Particulars LONG TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills Current Year (Rs. 000) Previous Year Other Approved Securities Other Investments ( a) Shares (aa) Equity (bb) Preference 0 0 ( b) Mutual Funds 0 0 (c) Derivative Instruments 0 0 (d) Debentures/ Bonds (e) Other Securities 0 0 (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate Investments in Infrastructure and Social Sector Other than Approved Investments Sub-total (A) SHORT TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills Other Approved Securities Other Investments (a) Shares (aa) Equity 0 0 (bb) Preference 0 0 (b) Mutual Funds (c) Derivative Instruments 0 0 (d) Debentures/ Bonds (e) Other Securities (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate Investments in Infrastructure and Social Sector Other than Approved Investments Sub-total (B) Note: TOTAL (1) A cumlative provision of Rs. 18,06,65 thousand (Previous Year Rs.13,90,38 thousand) on Standard Assets in respect of Shareholders and Policyholders investment in Debentures/Bonds appears under item 5 (c) in Schdule 14. Market Value of Investments on Less: Fair Value Change Account (176831) Book Value of Investments as on

13 FORM NL-13 LOANS SCHEDULE LOANS AS AT 31ST MARCH, 2017 SN Particulars Current Year Previous Year (Rs. 000) 1 SECURITY-WISE CLASSIFICATION Secured (a) On mortgage of property (aa) In India 0 0 (bb) Outside India 0 0 (b) On Shares, Bonds, Govt. Securities 0 0 (c) Others -Loan to staff Unsecured 0 0 TOTAL BORROWER-WISE CLASSIFICATION (a) Central and State Governments 0 0 (b) Banks and Financial Institutions 0 0 (c) Subsidiaries 0 0 (d) Industrial Undertakings 0 0 (e) Others (Loans to Staff) TOTAL PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India (bb) Outside India 0 0 (b) Non-performing loans less provisions (aa) In India 0 0 (bb) Outside India 0 0 TOTAL MATURITY-WISE CLASSIFICATION (a) Short Term (b) Long Term TOTAL

14 FORM NL-14 FIXED ASSETS AS AT 31ST MARCH, 2017 (Rs. '000) Particulars Cost/Gross Block Depreciation Net Block Add: Less: As at Additions Sale/Deduction / As at As at For On sale/ Up to As at As at during Discarded the current adjustment the year during the year Year (A)Tangible Assets Buildings Furniture & Fixtures I.T. Equipments Vehicles Office Equipments Elec.Equip.& Fittings Capital Work In Progress (B)Intangible Assets Computer Software TOTAL (A+B) PREVIOUS YEAR

15 FORM NL-15 CASH AND BANK BALANCES SCHEDULE CASH AND BANK BALANCES AS AT 31ST MARCH, 2017 SN Particulars Current Year Previous Year (Rs. 000) 1 Cash (including cheques, drafts and stamps) Bank Balances (a) Deposit Accounts (i) Flexi Deposit (ii) Others 0 (b) (i) Current Accounts (ii) Others Money at Call and Short Notice (a) With Banks 0 0 (b) With other Institutions Others 0 0 TOTAL Note: Balance with Non-Scheduled Banks included in 2 and 3 above is NIL (Previous year NIL)

16 FORM NL-16 ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS AS AT 31ST MARCH, 2017 SN Particulars Current Year Previous Year (Rs. 000) ADVANCES 1 Reserve deposits with ceding companies Application money for investments Prepayments Advances to Directors/Officers Advance tax paid and taxes deducted at source (Net of provision for taxation) Others: (a) Advance Rent paid (b) Sundry Advances Less: Provision for premium defalcation (17833) (17833) TOTAL (A) OTHER ASSETS 1 Income accrued on investments 1 (a) Accrued but not due (b) Accrued and due 0 0 1(b) Income accrued on flexi deposit Outstanding Premiums Agents Balances 0 4 Due from other entities carrying on insurance business(including reinsurers) Due from subsidiaries/ holding company Deposit with Reserve Bank of India 0 0 [Pursuant to section 7 of Insurance Act, 1938] 7 Others: a) Sundry Deposits b) Advance against Capital Assets c) Short Collection of Premium d) Others (Adhoc payment to Govt. of India) e) Government (Centre/States/Uts/Coffee Board) f) Service Tax Unutilized Credit TOTAL (B) GRAND TOTAL (A+B)

17 FORM NL-17 CURRENT LIABILITIES SCHEDULE SN Particulars Current Year Previous Year (Rs. 000) 1 Agents Balances Balances due to other insurance companies Deposits held on re-insurance ceded Premiums received in advance Unallocated Premium Sundry Creditors Due to subsidiaries/ holding company Claims Outstanding Due to Officers/ Directors Others: CURRENT LIABILITIES FOR THE PERIOD ENDING 31ST MARCH, 2017 a) Excess Collection of Premium, other than b) Expenses Payable c) Earnest Money Deposit d) Government (Centre/States/UTs/Coffee Board) Unclaimed Amount of policyholders TOTAL

18 FORM NL-18 PROVISIONS SCHEDULE PROVISIONS AS AT 31ST MARCH, 2017 SN Particulars Current Year Previous Year Reserve for Unexpired Risk For taxation (less advance tax paid 0 0 and taxes deducted at source) 3 For Proposed Dividends For Dividend Distribution Tax Others: (Rs. 000) a) Provision for Retirement Benefits b) Provision for Doubtful Debts c) Provision on Standard Assets d) Provision for Outstanding Expenses e) Provision for Purchase f) Provision for Loyalty Discount 8 8 g) Reserve for Premium Deficiency 0 0 TOTAL

19 FORM NL-19 MISCELLANEOUS EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE FOR THE PERIOD ENDING 31ST MARCH, 2017 (To the extent not written off or adjusted) SN Particulars Current Year Previous Year (Rs. 000) 1 Discount Allowed in issue of shares/ debentures Others 0 0 Total 0 0

20 FORM NL-20 RECEIPT AND PAYMENTS SCHEDULE RECEIPT AND PAYMENTS FOR THE PERIOD ENDING 31ST MARCH, 2017 Particulars Amount (Rs in '000) Cash Flows from the Operating Activities: Premium received from policyholders, including advance receipts Other receipts Payments to the re-insurers, net of commissions and claims ( ) Payments to co-insurers, net of claims recovery 0 Payments of claims ( ) Payments of commission and brokerage (54540) Payments of other operating expenses ( ) Preliminary and pre-operative expenses 0 Deposits, advances and staff loans (11197) Income taxes paid (Net) ( ) Service tax paid 291 Other payments (139894) Increase/decrease in current assets ( ) Increase/decrease in liability Cash flows before extraordinary items Cash flow from extraordinary operations 0 Net cash flow from operating activities Cash flows from investing activities: Purchase of fixed assets (688613) Proceeds from sale of fixed assets 928 Purchases of investments ( ) Loans disbursed 0 Sales of investments 0 Repayments received 0 Rents/Interests/ Dividends received Investments in money market instruments and in liquid mutual funds (Net)* Expenses related to investments (2404) Net cash flow from investing activities ( ) Cash flows from financing activities: Proceeds from issuance of share capital 0 Proceeds from borrowing Repayments of borrowing ( ) Increase in Liabilities 0 Interest/dividends paid (38546) Net cash flow from financing activities 0 Net cash flow from financing activities (38546) Effect of foreign exchange rates on cash and cash equivalents, net 0 Net increase in cash and cash equivalents: Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year *Investments in mutual funds where these are used as parking vehicles pending investment are to be indicated (net).

21 FORM NL-21 STATEMENT OF LIABILITIES STATEMENT OF LIABILITIES AS AT 31ST MARCH, 2017 As at As at (Rs. in Lakh) SN Particular Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves 1 Fire 2 Marine a Marine Cargo b Marine Hull 3 Miscellaneous a Motor b Engineering c Aviation d Liabilities e Others 4 Health Insurance 5 Crop Insurance Total Liabilities

22 FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS GROSS DIRECT PREMIUM UNDERWRITTEN FOR THE PERIOD ENDING 31ST MARCH, 2017 (Rs. in Lakh) STATES Crop Insurance For the Quarter ending March 2017 Upto Year ending March 2017 For the Quarter ending March 2017 Grand Total Upto Year ending March 2017 Andhra Pradesh Arunachal Pradesh Assam Bihar Chhattisgarh Goa Gujarat Haryana Himachal Pradesh Jammu & Kashmir Jharkhand Karnataka Kerala Madhya Pradesh Maharasthra Manipur Meghalaya Mizoram Nagaland Orissa Punjab Rajasthan Sikkim Tamil Nadu Telangana Tripura Uttar Pradesh Uttrakhand West Bengal Andaman & Nicobar Is Chandigarh Dadra & Nagra Haveli Daman & Diu Delhi Lakshadweep Puducherry Total

23 NL-23-Risk RI Conc IRDA Periodic Disclosures FORM NL-23 Reinsurance Risk Concentration PERIODIC DISCLOSURES From to S.No. Reinsurance Placements Reinsurance Risk Concentration No. of reinsurers Premium ceded to reinsurers (Rs in Lakhs) Proportional Non-Proportional Facultative Premium ceded to reinsurers / Total reinsurance premium ceded (%) 1 No. of Reinsurers with rating of AAA and above No. of Reinsurers with rating AA but less than AAA No. of Reinsurers with rating A but less than AA Nil 4 No. of Reinsurers with rating BBB but less than A No. of Reinsurres with rating less than BBB No. of Indian Reinsurers Total Page 23 of 41

24 FORM NL-24 Ageing of Claims Sl.No. Line of Business 1 Fire 2 Marine Cargo 3 Marine Hull 4 Engineering 5 Motor OD 6 Motor TP 7 Health 8 Overseas Travel 9 Personal Accident 10 Liability FORM NL-24 AGEING OF CLAIMS ENDED 31st MAR 2017 PERIODIC DISCLOSURES Ageing of Claims No. of claims paid ( in Lacs) 1 month 1-3 months 3-6 months 6 months - 1 year > 1 year Total No. of claims paid Total amount of claims paid 11 Crop Miscellaneous

25 FORM NL-25 CLAIMS DATA FOR THE YEAR ENDED 31st MAR 2017 Sl. No. Claims Experience Crop No. of Claims (No. of Farmers) Total 1 Claims O/S at the beginning of the period Claims reported during the period Claims Settled during the period Claims Repudiated during the period Claims closed during the period Claims O/S at End of the period Less than 3months months to 6 months months to 1 year year and above

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

27 NL-27-Off Op IRDA Periodic Disclosures FORM NL-27 Offices Information for Non - Life OFFICES INFORMATION FOR NON - LIFE FOR THE PERIOD ENDING 31ST MARCH, 2017 Sl. No. Office Information Number No. of offices at the beginning of the year 19 No. of branches approved during the year 1 No. of branches opened during the Out of approvals of previous year 0 year Out of approvals of this year 0 No. of branches closed during the year 0 No of branches at the end of the year 19 No. of branches approved but not opened 1 No. of rural branches Nil No. of urban branches 19 The above figure includes 1 Head Office at Delhi and 17th Regional Offices and 1 One Man Office at Shimla. Page 27 of 41

28 FORM NL-28-STATEMENT OF ASSETS - 3B Company Name & Code: Statement as on: Statement of Investment Assets (General Insurer, Re-insurers) (Business within India) AGRICULTURE INSUARNCE COMPANY OF INDIA LIMITED, CODE NO ST MARCH 2017 Rs. In Lakhs No PARTICULARS SCH AMOUNT 1 Investments Loans Fixed Assets Current Assets a. Cash & Bank Balance b. Advances & Other Assets Current Liabilities a. Current Liabilities b. Provisions c. Misc. Exp not Written Off 15 0 d. Debit Balance of P&L A/c 16 0 Application of Funds as per Balance Sheet (A) Less: Other Assets SCH AMOUNT 1 Loans (if any) Fixed Assets (if any) Cash & Bank Balance (if any) Advances & Other Assets (if any) Current Liabilities Provisions Misc. Exp not Written Off Debit Balance of P&L A/c 16 0 TOTAL (B) No 'Investment Assets' As per FORM 3B 'Investment' represented as (A-B) Reg. % SH Balance FRSM + PH Book Value (SH + PH) % Actual FVC Amount Total *Market Value (a) (b) (c) d = (b+c) (e) (d + e) 1 G. Sec. Not less than 20% % G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% % Investment subject to Exposure Norms 1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% % Approved Investments Not exceeding 55% % Other Investments (not exceeding 25%) Not exceeding 25% % Total Investment Assets % % *All securities are considered to be on the basis of 'Held to Maturity'. Certification: Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed Note: (+) FRMS refers 'Funds representing Solvency Margin' (*) Pattern of Investment will apply only to SH funds representing FRMS ( A ) Book Value shall not include funds beyond Solvency Margin Other Investments' are as permitted under Sec 27A(2) and 27B(3)

29 NL-29-Debt Sec IRDA Periodic Disclosures FORM NL-29 Detail regarding debt securities PERIODIC DISCLOSURES Agriculture Insurance Company of India Ltd As at as % of total for this class as at of the previous year as % of total for this class As at as % of total for this class as at of the previous year (Rs in Lakhs) as % of total for this class Break down by credit rating AAA rated % % % % AA or better % % % % Rated below AA but above A Rated below A but above B Any other % % % % BREAKDOWN BY RESIDUAL MATURITY Up to 1 year % % % % more than 1 year and upto 3 years % % % % More than 3 years and up to 7 years % % % % More than 7 years and up to 10 years % % % % above 10 years % % % % Breakdown by type of the issurer. a. Central Government % % % % b. State Government % % % % c. Corporate Securities % % % % *All securities are considered to be on the basis of 'Held to Maturity'. Detail Regarding debt securities MARKET VALUE* BOOK VALUE Page 29 of 41

30 FORM NL-30 ANALYTICAL RATIOS RegistRation No. 126 and Date of RegistRation with the IRDA: ANALYTICAL RATIOS FOR NON-LIFE COMPANIES SN Particulars FOR THE QUARTER UP TO THE QUARTER FOR THE CORRESPONDING QUARTER OF THE PRECEEDING QUARTER UP TO THE QUARTER OF THE PRCEEDING QUARTER to to to to Gross Direct Premium Growth Rate % 98.21% 17.77% 28.53% 2 Gross Direct Premium to Net Worth Ratio (In Times)* Growth Rate of Net Worth* 13.25% 13.25% 14.37% 14.37% 4 Net Retention Ratio 22.16% 25.44% 49.34% 63.27% 5 Net Commission Ratio % % % -5.62% 6 Expenses of Management to Gross Direct Premium Ratio 2.39% 2.44% 4.55% 3.32% 7 Expense of Management to Net Written Premium Ratio 10.77% 9.56% 9.23% 5.24% 8 Net Incurred Claims to Net Earned Premium % % 89.04% 99.66% 9 Combined Ratio % 95.72% 82.70% 98.15% 10 Technical Reserves to Net Premium Ratio (in Times) Underwriting Balance Ratio (in Times) Operating Profit Ratio % 15.21% 34.90% 15.02% 13 Liquid Assets to Liabilities Ratio (in Times) Net Earnings Ratio % 18.21% 28.37% 13.78% 15 Return on Net Worth* -8.15% 11.70% 4.75% 12.56% 16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* NPA Ratio Equity Holding Pattern for Non-Life Insurers 1 (a) No. of shares 2 (b) Percentage of shareholding (Indian / Foreign) % 3 (c) %of Government holding (in case of public sector insurance companies) 100% held by Govt. Corporation/Companies/Bank 4 (a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) (iv) Book value per share (Rs) Rs. 10/- Per Share Rs. 10/- Per Share *does not include Rs. 200 crore adhoc payment to Government of India

31 NL-31-Rel Par IRDA Periodic Disclosures FORM NL-31 : Related Party Transactions PERIODIC DISCLOSURES Sl.No. Name of the Related Party (Rs in Lakhs) Related Party Transactions Nature of Relationship with the Company Description of Transactions / Categories to to to to General Insurance Corpn of India General Insurance Corpn of India New India Assurance Company Shareholder Reinsurance 4 National Insurance Company Oriental Insurance Company United India Insurance Company *including the premium flow through Assocaites/ Group companies as an agent Note: At Sl No. 2 figures shown pertain to RI Premium received from GIC Re in respect of Inward Reinsurance Accepted Note:At Sl No. 1,3,4,5 & 6 petain to RI Premium paid to GIC & GIPSA Cos in respect of Outward Reinsurance Ceded Consideration paid / received* Page 31 of 41

32 FORM NL-32 Registration No. 126 and Date of Registration with the IRDA: Products Information as on 31st March 2017 List below the products and/or add-ons introduced during the period Sl. No. Name of Product Co. Ref. No. IRDA Ref.no. Class of Business* Category of product Date of filing of Product Date IRDA confirmed filing/ approval 1 PMFBY IRDAN126P0001V Crop Insurance Retail PMFBY(micro) AIC-OM-P17-40-V Crop Insurance Retail

33 SN FORM NL-33 SOLVENCY MARGIN-KGII Registration No. 126 and Date of Registration with the IRDA: SOLVENCY FOR THE YEAR ENDING 31ST MARCH, 2017 AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO Description Notes No. (Rs. in lakh) Amount (1) (2) (3) (4) 1 Available Assets in Policyholders Funds (adjusted value of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 2 Liabilities (reserves as mentioned in Form HG) Provision as per BS Other Liabilities (other liabilities in respect of Policyholders Fund as mentioned in Balance Sheet) 5 Excess in Policyholders Funds (1-2-3) ( ) 6 Available Assets in Shareholders Funds (value of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 7 Other Liabilities (other liabilities in respect of 2 - Shareholders Fund as mentioned in Balance Sheet) 8 Excess in Shareholders Funds (6-7) Total Available Solvency Margin [ASM] (5+8) Total Required Solvency Margin [RSM] Solvency Ratio (Total ASM/Total RSM) 1.84

34 SN Name of person Schedule Details of change in the period Board of Directors 1 Mr. R. N. Dubey Chairman-cum-Managing Director Appointed as CMD vide GoI order A-15011/03/2016- Ins.1-II dated Mr. Alok Tandon Chairman-cum-Managing Director Ceased to hold office w.e.f. 7th June Mr. K. N. Bhandari Director No Change during the reported period 4 Prof. Gopal Naik Director No Change during the reported period 5 Mr. Manish Gupta Director No Change during the reported period 6 Mr. G. C. Gaylong Director Ceased to hold office w.e.f. 29th September 2016 Mr Alice G Vaidyan Director Joined on 29th September Mr. Naresh Gupta Director Ceased to hold office w.e.f Dr B G Mukhopadyay Director Joined on 10th August Mr. P. Venkataramiah Director Ceased to hold office w.e.f. 10th August 2016 Mr K Santhkumar Director Joined on10th August Mr. P. Nayak Director Ceased to hold office w.e.f. 31st May 2016 Mr. G Srinivasn Director Joined on 27th October Ms. K. Ramadevi Director Ceased to hold office w.e.f. 29th September 2016 Mr Sujay Banarji Director Joined on 29th September Mr A. Hoda Director Ceased to hold office w.e.f. 31st December 2016 Key Persons FORM NL-34 For the period ending of FY Board of Directors and Key Person information 12 Ms. Megha Garg Appointed Actuary Ceased to hold office w.e.f. 27th March 2016

35 FORM NL-35-NON PERFORMING ASSETS-7A Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST MARCH 2017 Details of Investment Portfolio Instrument Interest Rate Total O/s Default Default Principal Interest Due COI Company Name Has there Principal Interest Classification Type (Book Value) Due from from Principal Interest Over? Board % been (Book Value) (Book Value) Amount Approval Ref revision? Deferred Deferred Rolled Has there been any Principal Waiver? Provision (%) Provision (Rs) NIL CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Note: A. Category of Investmet (COI) shall be as per INV/GLN/001/ B. FORM 7A shall be submitted in respect of each 'fund'. C. Classification shall be as per F&A-Circulars-169-Jan-07 Dt

36 FORM NL-36-YIELD ON INVESTMENTS 1 Company Name & Code: AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST MARCH 2017 Statement of Investment and Income on Investment Rs. Lakhs Current Quarter Year to Date Previous Year No. Category of Investment Category Code Investment (Rs.) Income on Gross Net Investment (Rs.) Income on Gross Net Investment (Rs.) Investment Yield Yield Investment Yield Yield (Rs.) (%)¹ (%)² (Rs.) (%)¹ (%)² Book Value Market Value* Book Value Market Value Book Value Market Value Income on Investment (Rs.) Gross Net Yield Yield (%)¹ (%)² A1 CENTRAL GOVERNMENT BONDS CGSB 124, , , , , , , , , A4 DEPOSIT UNDER SECTION 7 OF INSURANCE ACT, 1938 CDSS , A5 TREASURY BILLS CTRB 25, , , , , , B1 STATE GOVERNMENT BONDS SGGB 76, , , , , , , , , C5 BONDS / DEBENTURES ISSUED BY HUDCO HTHD , , , , BONDS / DEBENTURES ISSUED BY AUTHORITY CONSTITUTED UNDER ANY HOUSING / BUILDING C7 SCHEME APPROVED BY CENTRAL / STATE / ANY HTDA 29, , , , , , , , AUTHORITY OR BODY CONSTITUTED BY CENTRAL / STATE ACT C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD 4, , , , , , D08 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPTD 20, , , , , , , , INFRASTRUCTURE - OTHER CORPORATE SECURITIES - D10 ICTD 40, , , , , , , , DEBENTURES/ BONDS D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD 12, , , , , , E1 PSU - EQUITY SHARES - QUOTED EAEQ 5, , , , , , DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS E17 (INCL. BANK BALANCE AWAITING INVESTMENT), CCIL, ECDB 183, , , , , , , , , RBI CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)- E2 EACE 10, , , , , , QUOTED E23 COMMERCIAL PAPERS ECCP E24 APPLICATION MONEY ECAM PERPETUAL DEBT INSTRUMENTS OF TIER I & II CAPITAL E25 EUPD ISSUED BY PSU BANKS PERPETUAL DEBT INSTRUMENTS OF TIER I & II CAPITAL E26 EPPD ISSUED BY NON-PSU BANKS E30 MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES EGMF 16, , , , , , E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT 50, , , , , , , , , F12 EQUITY SHARES (PSUS & UNLISTED) OEPU MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS / F14 OMGS 57, , , , , , , , LIQUID SECEMES F01 BONDS - PSU - TAXABLE OBPT TOTAL 657, , , , , , , , , *All securities are considered to be on the basis of 'Held to Maturity'. *Market Values on 31/03/2017 are shown for Current Quarter and Year to Date CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Date: Note: Category of Investment (COI) shall be as per 1 To be calculated based on Monthly or lesser 2 Yield netted for Tax 3 FORM-1 shall be prepared in respect of each fund. 4 Yields mentioned above are Annualized Yield

37 FORM NL-37-DOWN GRADING OF INVESTMENT-2 Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED,CODE NO.126 Statement as on: 31ST MARCH 2017 Statement of Down Graded Investments Rs. Lakhs No Name of the Security COI Amount Date of Purchase Rating Agency Original Grade Current Grade Date of Downgrade Remarks A. During the Quarter ¹ 8.75% SAIL NCB EPBT 1, /03/2012 CARE AAA AA- 01/01/2017 B. As on Date ² 8.75% SAIL NCB EPBT 1, /03/2012 CARE AAA AA- 01/01/2017 CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Note: 1 Provide details of Down Graded Investments during the Quarter. 2 Investments currently upgraded, listed as Down Graded during earlier Quarter shall be deleted from the Cumulative listing. 3 FORM-2 shall be prepared in respect of each fund. 4 Category of Investmet (COI) shall be as per INV/GLN/001/

38 FORM NL-38 Registration No. 126 and Date of Registration with the IRDA: ANNUAL BUSINESS RETURNS ACROSS LINE OF BUSINESS Annual Business Returns across line of Business to to to (Rs in lakhs) to Sl.No. Line of Business Premium No. of Policies Premium No. of Policies Premium No. of Policies Premium No. of Policies 11 Crop Insurance Note: 1. Premium stands for amount of premium 2. The line of business which are not applicable for any company should be filled up with NA. Figure '0' in those fields will imply no business in the segment. *any other segment contributing more than 5% of the total premium needs to be shown separately

39 FORM NL-39 Registration No. 126 and Date of Registration with the IRDA: Rural & Social Obligations as on (Rs in Lakhs) Sl.No. Line of Business Particular No. of Policies Issued Premium Collected Sum Assured 11 Crop Insurance Rural Social *any other segment contributing more than 5% needs to be shown separately

40 FORM NL-40 Registration No. 126 and Date of Registration with the IRDA: Business Acquisition through different channels to to to (Rs in Lakhs) to Sl.No. Channels No. of Policies Premium No. of Policies Premium No. of Policies Premium No. of Policies Premium 1 Individual agents 2 Corporate Agents-Banks 3 Corporate Agents -Others 4 Brokers Micro Agents Direct Business Other Total (A) Referral (B) Grand Total (A+B) Note: 1. Premium means amount of premium received from business acquired by the source 2. No of Policies stand for no. of policies sold

41 FORM NL-41 Grievance Disposal GRIEVANCE DISPOSAL STATEMENT AS on SN Particulars Opening Balance as on begining of the quarter Additions during the quarter Complaints Resolved/settled during the quarter Fully Accepted Partial Accepted Rejected Complaints Pending at the end of the quarter *Total Complaints registered upto the quarter during the financial Year 1 Complaints made by customers a) Proposal Related b) Claim c) Policy Related d) premium e) Refund f) Coverage g) Cover Note related h) Products i) others Total Number * Includes 21 balance complaints of FY Total No. of Policies during Previous year NA Pendency Details: Nos. 1. Pending with Government 15 Total No. of Claims during Previous year Total No. of Policies during Current year Total No. of Claims during Current year 6 Total No. of Policy Complaints (current year) per 10,000/-policies (current year) 7 NA NA NA NA 2. Details/clarification awaited from Banks 4 3. Details awaited from complainants 5 4. Pending at HO for approval 1 Total No. of Claims Complaints (Current year ) per 10,000/-claims registered (current year) NA Total 25 8 Duration wise Pending Status FY as on Complaints made by the Customer Complaints made by intermediar ies a) < 15 days b) 16-30days c) >30 days Total Number Total