Schedule. (a) Premium 9,359,407 24,611,858 7,708,794 22,405,865

Transcription

1 FORM L-1-A-RA Name of the Insurer: PNB MetLife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd ) Registration No. and Date of Registration with the IRDA:117, August 6, 2001 REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2015 Policyholders Account (Technical Account) Particulars Schedule FOR THE QUARTER ENDED MARCH 31, 2015 UP TO THE QUARTER ENDED MARCH 31, 2015 FOR THE QUARTER ENDED MARCH 31, 2014 UP TO THE QUARTER ENDED MARCH 31, 2014 Premiums earned net (Rs. 000) (Rs. 000). (Rs. 000) (Rs. 000). (a) Premium 9,359,407 24,611,858 7,708,794 22,405,865 (b) Reinsurance ceded L-4 (287,348) (956,413) (183,706) (653,301) (c) Reinsurance accepted Income from Investments (a) Interest, Dividends & Rent Gross 1,545,025 6,261,579 1,298,876 5,172,473 (b) Profit on sale/redemption of investments 1,844,364 7,270,215 1,205,745 6,355,278 (c) (Loss on sale/ redemption of investments) (70,225) (414,723) (279,354) (4,800,430) (d) Transfer/Gain on revaluation/change in fair value* 300,182 6,685,141 1,761,906 4,684,318 Transferred from Shareholders' Fund Other Income (a) Interest on policy loans 5,189 19,546 4,132 16,127 (b) Miscellaneous income 96, ,078 28,842 93,425 (c) Profit/(Loss) on sale of fixed assets(net) (3,700) (3,801) 2,157 (28) TOTAL (A) 12,789,729 43,596,480 11,547,392 33,273,727 Commission L-5 462,493 1,384, ,686 1,267,674 Operating Expenses related to Insurance Business L-6 1,922,791 6,036,495 1,400,826 5,419,978 Service tax on Charges 326, , Provision for doubtful debts Bad debts written off Provision for Tax Provisions (other than taxation) - - (a) For diminution in the value of investments (Net) (b) Advances & Recoveries 6,723 20,479 29,612 29,449 TOTAL (B) 2,718,783 7,768,074 1,872,123 6,717,101 Benefits Paid (Net) L-7 4,783,188 18,682,554 4,248,205 16,047,427 Bonuses Paid 1,659 5,745 1,067 1,173 Change in valuation of liability in respect of life policies (a) Gross** - Linked Liability 1,708,811 7,823,863 1,371,141 (129,199) - Non Linked Liability 3,672,701 8,528,378 4,035,259 9,332,008 (b) Amount ceded in Reinsurance 22,605 (287,610) (178,786) (167,552) (c) Amount accepted in Reinsurance TOTAL (C) 10,188,964 34,752,930 9,476,887 25,083,857 SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C) (118,017) 1,075, ,382 1,472,769 APPROPRIATIONS Transfer to Shareholders' Account 64,946 64,946 39,354 39,354 Transfer to Other Reserves Balance being Funds for Future Appropriations 909, , , ,543 Surplus/(Deficit) after Appropriaton (1,092,585) 100,908 19,485 1,293,872 TOTAL (D) (118,017) 1,075, ,382 1,472,769 Balance at the beginning of year (12,447,123) (13,640,616) (13,660,102) (14,934,488) Surplus/(Deficit) after appropriation (1,092,585) 100,908 19,485 1,293,872 Balance carried to balance sheet (13,539,708) (13,539,708) (13,640,616) (13,640,616) Details of Total Surplus (a) Interim Bonuses Paid 1,659 5,745 1,067 1,173 (b) Allocation of Bonus to Policyholders' 584, , , ,183 (c) Surplus shown in the Revenue Account (85,417) 1,075, ,382 1,472,769 (d) Total Surplus: [(a)+(b)+( c)] 500,752 1,665, ,632 1,828,125 Notes: * Represents the deemed realised gain as per norms specified by the Authority. ** Represents Mathematical Reserves after allocation of bonus

2 FORM L-2-A-PL Name of the Insurer: PNB MetLife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd ) Registration No. and Date of Registration with the IRDA:117, August 6, 2001 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2015 Shareholders Account (Non-technical Account) Particulars Schedule FOR THE QUARTER ENDED March 31, 2015 UP TO THE QUARTER ENDED MARCH 31, 2015 FOR THE QUARTER ENDED MARCH 31, 2014 UP TO THE QUARTER ENDED MARCH 31, 2014 (Rs. 000). (Rs. 000). (Rs. 000). (Rs. 000). Amounts transferred from/to the Policyholders Account (Technical Account) 64,946 64,946 39,354 39,354 Income From Investments (a) Interest, Dividends & Rent net of accretion/amortisation of discount/ premium) 125, , , ,869 (b) Profit on sale/redemption of investments 9 9-6,493 (c) (Loss on sale/ redemption of investments) (248) Other Income * TOTAL (A) 190, , , ,468 Expense other than those directly related to the insurance business L- 6 A 20,359 34,861 2,082 6,091 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* - - (7,718) 7,318 TOTAL (B) 20,359 34,861 (5,636) 13,409 Profit/ (Loss) before tax 170, , , ,059 Provision for Taxation Profit / (Loss) after tax 170, , , ,059 APPROPRIATIONS (a) Balance at the beginning of the year. 864, , ,782 21,655 (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 1,034,982 1,034, , ,714 * Represents Gain/(Loss) on account of unit compensation to policy holders.

3 FORM L-3-A-BS Name of the Insurer: PNB MetLife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd ) Registration No. and Date of Registration with the IRDA:117, August 6, 2001 BALANCE SHEET AS AT MARCH 31, 2015 Particulars Schedule MARCH 31, 2015 MARCH 31, 2014 SOURCES OF FUNDS (Rs. 000). (Rs. 000). SHAREHOLDERS FUNDS: SHARE CAPITAL L-8,L-9 20,128,843 20,128,843 RESERVES AND SURPLUS L-10 1,034, ,714 CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT - - Sub-Total 21,163,825 20,639,557 BORROWINGS L POLICYHOLDERS FUNDS: CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT - - POLICY LIABILITIES 44,844,926 36,615,204 INSURANCE RESERVES - - PROVISION FOR LINKED LIABILITIES-NON UNIT 362, ,816 PROVISION FOR LINKED LIABILITIES-UNIT 68,307,015 62,854,981 FUNDS FOR DISCONTINUED POLICIES - Discontinued on account of non- payment of premium 4,729,153 2,467,996 - Others - - Sub-Total 118,243, ,178,997 FUNDS FOR FUTURE APPROPRIATIONS - Linked Business Others 1,336, ,113 TOTAL 140,744, ,245,667 APPLICATION OF FUNDS INVESTMENTS Shareholders L-12 5,983,836 5,652,165 Policyholders L-13 48,342,030 38,316,935 ASSETS HELD TO COVER LINKED LIABILITIES L-14 73,036,168 65,322,977 LOANS L , ,698 FIXED ASSETS L , ,047 CURRENT ASSETS Cash and Bank Balances L-17 1,715,335 2,143,037 Advances and Other Assets L-18 3,394,039 3,016,994 Sub-Total (A) 5,109,374 5,160,031 CURRENT LIABILITIES L-19 5,714,333 5,025,765 PROVISIONS L , ,037 Sub-Total (B) 5,915,650 5,211,802 NET CURRENT ASSETS (C) = (A B) (806,276) (51,771) MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) L DEBIT BALANCE IN PROFIT & LOSS ACCOUNT (Shareholders Account) - - DEBIT BALANCE OF REVENUE ACCOUNT 13,539,708 13,640,616 TOTAL 140,744, ,245,667 CONTINGENT LIABILITIES Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000) (Rs. 000) Partly paid-up investments - - Claims, other than against policies, not acknowledged as debts by the company 18,239 25,614 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 1,997,567 1,423,060 Reinsurance obligations to the extent not provided for in accounts - - Claims under policies not acknowledged as debts 160,748 73,581 TOTAL 2,176,554 1,522,255

4 SCHEDULES FORMING PART OF FINANCIAL STATEMENTS FORM L-4-PREMIUM SCHEDULE PREMIUM Particulars FOR THE MARCH 31, 2015 UP TO THE MARCH 31, 2015 FOR THE MARCH 31, 2014 UP TO THE MARCH 31, 2014 (Rs. 000). (Rs. 000). (Rs. 000). (Rs. 000). First year premiums 3,102,289 8,129,001 1,993,226 6,304,389 Renewal Premiums 6,198,601 16,321,236 5,470,388 15,646,998 Single Premiums 58, , , ,478 TOTAL PREMIUM 9,359,407 24,611,858 7,708,794 22,405,865 Premium Income from business written: In India 9,359,407 24,611,858 7,708,794 22,405,865 Outside India TOTAL PREMIUM 9,359,407 24,611,858 7,708,794 22,405,865 FORM L-5 - COMMISSION SCHEDULE COMMISSION EXPENSES Particulars FOR THE MARCH 31, 2015 UP TO THE MARCH 31, 2015 FOR THE MARCH 31, 2014 UP TO THE MARCH 31, 2014 (Rs. 000) (Rs. 000) (Rs. 000) (Rs. 000) Commission paid Direct - First year premiums 306, , , ,974 - Renewal premiums 155, , , ,974 - Single premiums 405 1, ,726 Add: Commission on Re-insurance Accepted Less: Commission on Re-insurance Ceded Net Commission 462,493 1,384, ,686 1,267,674 Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents 105, , , ,028 Brokers 5,112 17,065 4,545 19,325 Corporate Agency 351,991 1,019, , ,738 Referral (156) (1,158) (395) (1,417) Others TOTAL (B) 462,493 1,384, ,686 1,267,674

5 FORM L-6-OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS Particulars FOR THE MARCH 31, 2015 UP TO THE MARCH 31, 2015 FOR THE MARCH 31, 2014 UP TO THE MARCH 31, 2014 (Rs. 000). (Rs. 000). (Rs. 000). (Rs. 000). Employees remuneration & welfare benefits 1,121,706 3,815, ,274 3,202,003 Travel, conveyance and vehicle running expenses 30, ,508 45, ,760 Training expenses 12,158 55,404 8,781 30,343 Rents, rates & taxes 181, , , ,234 Repairs 10,882 36,175 7,072 28,142 Printing & stationery 14,069 51,520 15,074 50,610 Communication expenses 35, ,418 39, ,739 Legal & professional charges 87, ,041 77, ,536 Medical fees 7,965 27,714 7,959 27,977 Auditors' fees, expenses etc a) as auditor (100) 3,600 (800) 2,800 b) as adviser or in any other capacity, in respect of (i) Taxation matters (ii) Insurance matters 1,000 1, (iii) Management services; and (iv) Expenses (100) 1,094 c) in any other capacity Advertisement and publicity 56, ,238 94, ,933 Business Development,Sales promotion & Sales conference 243, , , ,118 Interest & Bank Charges 10,606 43,559 13,592 47,125 Recruitment expenses 30,150 65,543 11,301 28,467 Information technology expenses 36, ,898 27,220 95,837 Office expenses 24, ,865 31, ,558 Others (6,838) 8,409 (3,563) 21,121 Depreciation 26, ,752 38, ,780 TOTAL 1,922,791 6,036,495 1,400,826 5,419,978 FORM L-6 A-OPERATING EXPENSES SCHEDULE EXPENSE OTHER THAN THOSE DIRECTLY RELATED TO THE INSURANCE BUSINESS Particulars FOR THE MARCH 31, 2015 UP TO THE MARCH 31, 2015 FOR THE MARCH 31, 2014 UP TO THE MARCH 31, 2014 (Rs. 000). (Rs. 000). (Rs. 000). (Rs. 000). Employees remuneration & welfare benefits 1,165 4,704 1,455 3,436 Travel, conveyance and vehicle running expenses (3) 23 Training expenses Rents, rates & taxes Repairs Printing & stationery Communication expenses Legal & professional charges Medical fees 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 (iv) Expenses c) in any other capacity Advertisement and publicity Business Development & Sales promotion Interest & Bank Charges Recruitment expenses Information technology expenses - - (3) - Office expenses 2,470 2, ,667 Others Depreciation 777 2, Corporate Social Responsibility 15,313 23, TOTAL 20,359 34,861 2,082 6,091

6 FORM L-7-BENEFITS PAID SCHEDULE BENEFITS PAID [NET] Particulars FOR THE MARCH 31, 2015 UP TO THE MARCH 31, 2015 FOR THE MARCH 31, 2014 UP TO THE MARCH 31, 2014 (Rs. 000). (Rs. 000). (Rs. 000). (Rs. 000). 1. Insurance Claims (a) Claims by Death, 857,988 2,392, ,481 1,646,475 (b) Claims by Maturity, 76, , ,330 1,144,879 (c) Annuities/Pension payment, 108, ,033 44, ,813 (d) Periodical Benefit 35, ,200 51, ,700 (e) Health ,198 (f) Surrenders 3,866,304 16,023,644 3,436,458 13,572, (Amount ceded in reinsurance): (a) Claims by Death, (162,035) (600,093) (142,169) (580,930) (b) Claims by Maturity, (c) Annuities/Pension payment, (d) Periodical Benefit (e) Health (7) (405) (172) (1,408) (f) Surrenders Amount accepted in reinsurance: - (a) Claims by Death, (b) Claims by Maturity, (c) Annuities/Pension payment, (d) Periodical Benefit (e) Health (f) Surrenders TOTAL 4,783,188 18,682,554 4,248,205 16,047,427

7 FORM L-8-SHARE CAPITAL SCHEDULE SHARE CAPITAL Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000). (Rs. 000). Authorised Capital 30,000,000 30,000,000 3,000,000,000 (Previous year - 3,000,000,000) equity shares of Rs 10/- each Issued Capital 20,128,843 20,128,843 2,012,884,283 (Previous year - 2,012,884,283) equity shares of Rs 10/- each Subscribed, Called-up and Paid up Capital 20,128,843 20,128,843 2,012,884,283 (Previous year - 2,012,884,283 ) equity shares of Rs 10/- each fully paid up 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 20,128,843 20,128,843 Notes: None of the shareholders are having holding interest in the company FORM L-9-PATTERN OF SHAREHOLDING SCHEDULE PATTERN OF SHAREHOLDING [As certified by the Management] Shareholder MARCH 31, 2015 MARCH 31, 2014 Number of Shares % of Holding Number of Shares % of Holding Promoters Indian 1,489,534,370 74% 1,489,534,370 74% Foreign 523,349,913 26% 523,349,913 26% Others TOTAL 2,012,884, % 2,012,884, % FORM L-10-RESERVES AND SURPLUS SCHEDULE RESERVES AND SURPLUS Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000) (Rs. 000) Capital Reserve - - Capital Redemption Reserve - - Share Premium - - 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 1,034, ,714 TOTAL 1,034, ,714

8 FORM L-11-BORROWINGS SCHEDULE BORROWINGS Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000). (Rs. 000). Debentures/ Bonds - - Banks - - Financial Institutions - - Others Vehicle lease - - TOTAL - -

9 FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE INVESTMENTS-SHAREHOLDERS Particulars MARCH 31, 2015 MARCH 31, 2014 LONG TERM INVESTMENTS (Rs. 000) (Rs. 000) Government securities and Government guaranteed bonds including Treasury Bills 3,450,882 2,806,405 Other Approved Securities 406, ,355 Other Investments (a)shares (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c ) Derivative Instruments - - (d) Debentures/ Bonds 655, ,047 (e) Other Securities (to be specified) - - (f) Subsidiaries - - Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector (including Housing) 1,222,915 1,216,730 Other than Approved Investments - - SHORT TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 96,019 99,614 Other Approved Securities - - Other Investments (a)shares (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c ) Derivative Instruments - - (d) Debentures/ Bonds - 150,198 (e) Other Securities - CP/CBLO/Bank Deposits 151,421 58,017 (f) Subsidiaries - - (g) Bank Deposits - - (h) Commercial Papers - - (i) Other securities - CP/CBLO/Bank Deposits Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector (including Housing) - 258,799 Other than Approved Investments (a) Debentures/ Bonds - - (b) Mutual funds - - (c ) Other securities - Inter corporate deposit - - (d) Other securities - Asset securitisation - Pass through certificates - - TOTAL 5,983,836 5,652, The Market Value of the above total investment is Rs.6,110,416 (Previous Year - Rs.5,390,177) 2. Government Securities include Section 7 deposit of Rs. 115,157 (Previous Year - Rs.114,904)

10 FORM L-13-INVESTMENTS POLICYHOLDERS SCHEDULE INVESTMENTS-POLICYHOLDERS Particulars MARCH 31, 2015 MARCH 31, 2014 LONG TERM INVESTMENTS (Rs. 000) (Rs. 000) Government securities and Government guaranteed bonds including Treasury Bills 32,263,054 26,010,461 Other Approved Securities 68,634 68,358 Other Investments (a) Shares (aa) Equity - - (bb)preference - - (b) Mutual Funds - - (c)derivative Instruments - - (d) Debentures/ Bonds 1,963,832 1,594,349 (e) Other Securities (to be specified) - - (f) Subsidiaries - - (g) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector (including Housing) 11,751,904 9,282,947 Other than Approved Investments (a) Equity - - (b) Preference - - (c) Debentures/ Bonds 48,143 47,594 SHORT TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 866, ,421 Other Approved Securities - - Other Investments - (a) Shares - (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c)derivative Instruments - - (d) Debentures/ Bonds 50, ,381 (e) Other securities - Bank Deposits/CBLO/FD 1,065, ,873 (f) Subsidiaries - - (g) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector - Debt Securities (including Housing) 264, ,551 Other than Approved Investments - - TOTAL 48,342,030 38,316,935 Notes: 1.The Market Value of the above total investments is Rs.51,103,237 (Previous Year Rs.36,616,683)

11 FORM L-14-ASSETS HELD TO COVER LINKED LIABILITIES SCHEDULE ASSETS HELD TO COVER LINKED LIABILITIES Particulars MARCH 31, 2015 MARCH 31, 2014 LONG TERM INVESTMENTS (Rs. 000) (Rs. 000) Government securities and Government guaranteed bonds including Treasury Bills 8,433,202 7,684,674 Other Approved Securities 8,314 7,709 Other Investments (a) Shares (aa) Equity 46,550,930 42,610,444 (bb) Preference - - (b) Mutual Funds - - (c) Derivative Instruments - - (d) Debentures/ Bonds 1,091,623 1,220,760 (e) Other Securities-Bank Deposits - - (f) Subsidiaries - - (g) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector (including Housing) - Debt Securities (including Housing) 5,764,002 4,759,415 - Equities 2,542,554 2,303,769 Other than Approved Investments (a) Equity 1,269,832 1,616,664 (b) Preference - - (c) Debentures/ Bonds - - SHORT TERM INVESTMENTS Government securities and Government guaranteed bonds including Treasury Bills 4,598,809 2,404,056 Other Approved Securities - - Other Investments - (a) Shares - (aa) Equity - - (bb) Preference - - (b) Mutual Funds - - (c ) Derivative Instruments - - (d) Debentures/ Bonds 101, ,644 (e) Other Securities - CP/CBLO/Bank Deposits - 1,650,922 (f) Subsidiaries - - (g) Other securities - CP/CBLO/Bank Deposits 1,833,060 - (h) Investment Properties-Real Estate - - Investments in Infrastructure and Social Sector (including Housing) 109,698 50,887 Other than Approved Investments - (a) Mutual Funds - - (b) Debentures/ Bonds - - Other net current assets 732, ,033 TOTAL 73,036,168 65,322,977

12 FORM L-15-LOANS SCHEDULE LOANS Particulars MARCH 31, 2015 MARCH 31, 2014 (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 191, ,698 (d) Others (to be specified) - - Unsecured - - TOTAL 191, ,698 BORROWER-WISE CLASSIFICATION (a) Central and State Governments - - (b) Banks and Financial Institutions - - (c) Subsidiaries - - (d) Companies - - (e) Loans against policies 191, ,698 (f) Others (to be specified) - - TOTAL 191, ,698 PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India 191, ,698 (bb) Outside India - - (b) Non-standard loans less provisions (aa) In India - - (bb) Outside India - - TOTAL 191, ,698 MATURITY-WISE CLASSIFICATION (a) Short Term (b) Long Term 191, ,043 TOTAL 191, ,698

13 FORM 16-FIXED ASSETS SCHEDULE FIXED ASSETS Cost/ Gross Block Depreciation Net Block (Rs. 000) Particulars Opening Additions Deductions Closing Up to Last Year For The Period On Sales/ Adjustment To Date As at March 31, 205 As at March 31, 2014 Goodwill Intangibles (specify) Computer Software 570,524 62, , ,891 53, ,668 71,148 62,633 Tangibles (specify) Land-Freehold Leasehold Property 254,623 44, , , ,320 19, ,012 81,867 47,824 25,303 Buildings - 180, ,588-2,881-2, ,707 - Furniture & Fittings 111,034 3,654 28,630 86,058 96,562 3,598 25,638 74,522 11,536 14,472 Information technology equipment 809,541 22,596 50, , ,447 28,513 49, ,205 72,847 79,094 Vehicles 1, ,423 1, , Office Equipment 158,388 11,938 31, , ,871 2,172 31, ,700 11,151 1,517 Others (Specify nature) TOTAL 1,906, , ,776 1,951,479 1,723, , ,407 1,559, , ,019 Work in progress ,525 23,028 Grand Total 1,906, , ,776 1,951,479 1,723, , ,407 1,559, , ,047 PREVIOUS YEAR 2,091, , ,379 1,906,076 1,920, , ,987 1,723, ,047 Note: In accordance with Schedule II of The Companies Act, 2013, the company has revised the useful lives of the fixed assets. The revision has resulted in lower depreciation charge of Rs. 22,460 thousands for the year ended March 31, 2015

14 FORM L-17-CASH AND BANK BALANCE SCHEDULE CASH AND BANK BALANCES Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000). (Rs. 000). Cash (including cheques, drafts and stamps) 651, ,751 Bank Balances (a) Deposit Accounts (aa) Short-term (due within 12 months of the date of Balance Sheet) 745, ,625 (bb) Others (b) Current Accounts 317, ,661 (c ) Others (to be specified) - - Money at Call and Short Notice (a) With Banks - - (b) With other Institutions - Others (to be specified) - - TOTAL 1,715,335 2,143,037 Balances with non-scheduled banks included above CASH & BANK BALANCES In India 1,715,335 2,143,037 Outside India - - TOTAL 1,715,335 2,143,037 FORM L-18-ADVANCE AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000) (Rs. 000) ADVANCES Reserve deposits with ceding companies - - Application money for investments - - Prepayments 46,203 47,477 Advances to Directors/Officers - - Advances to Suppliers 49,210 82,925 Advances to Employees 7,736 4,135 Advance tax paid and taxes deducted at source (Net of provision for taxation) Other Advances 57, ,741 TOTAL (A) 160, ,340 OTHER ASSETS Income accrued on investments 1,576,786 1,332,329 Outstanding Premiums 994, ,969 Agents Balances 58,970 72,361 Foreign Agencies Balances - - Due from other entities carrying on insurance business (including reinsurers) 256, ,107 Due from subsidiaries/ holding company - - Deposit with Reserve Bank of India [Pursuant to section 7 of Insurance Act, 1938] - - Service tax/cess unutilized credit 37,215 29,706 Deposits 213, ,206 Other receivables 95, ,976 TOTAL (B) 3,233,657 2,634,654 TOTAL (A+B) 3,394,039 3,016,994

15 FORM L-19-CURRENT LIABILITIES SCHEDULE CURRENT LIABILITIES Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000). (Rs. 000). Agents Balances 270, ,180 Balances due to other insurance companies 419, ,056 Deposits held on re-insurance ceded - - Premiums received in advance 793, ,571 Unallocated premium (policy/proposal deposits) 273, ,451 Sundry creditors 1,234,092 1,455,185 Due to subsidiaries/ holding company - - Claims Outstanding 604, ,092 Annuities Due - - Due to Officers/ Directors - - Taxes deducted at source payable 110,713 97,456 Service tax payable 7,692 6,052 Unclaimed amount of policyholders 1,776,107 1,109,543 Litigated Claims & Other Liabilities 223, ,179 TOTAL 5,714,333 5,025,765 FORM L-20-PROVISIONS SCHEDULE PROVISIONS Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000). (Rs. 000). For taxation (less payments and taxes deducted at source) - - For proposed dividends - - For dividend distribution tax - - For gratuity 149, ,595 For compensated absences 51,860 62,442 Others (to be specified) - - TOTAL 201, ,037 FORM L-21-MISC EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE (To the extent not written off or adjusted) Particulars MARCH 31, 2015 MARCH 31, 2014 (Rs. 000). (Rs. 000). Discount Allowed in issue of shares/ debentures - - Others (to be specified) - - TOTAL - -

16 Statement showing the Age-wise Analysis of the Unclaimed Amount of the Policyholders as on March 31st, 2015 Sr. Particulars Total Amount AGE-WISE ANALYSIS Upto 1 month 1-6 Months 7-12 Months Months Months months months (Rs. In '000) Beyond 36 months 1 Claims settled but not paid to the policyholders / insured due to any reasons except under litigation from the insured / policyholders 36,929 23,538 3,676 3,175 4,447 1, Sum due to the insured / policyholders on maturity or otherwise 1,088, , , ,970 48,583 87,224 82, ,690 18,869 3 Any excess collection of the premium / tax or any other charges which is refundable to the policyholders either as terms of conditions of the policy or as per law or as may be directed by the Authority but not refunded so far 178,294 20,271 41,946 35,184 34,006 15,215 11,164 13,121 7,387 4 Cheques issued by the Insurer for settlement under a, b or c above and cheques have not been encashed by the policyholders / insured - Refer Note 472,827 12,929 36,407 30,740 78,043 79, ,251 36,486 92,831 Total 1,776, , , , , , , , ,087 Note: Item No. 4 do not include cheques within the validity period of three months amounting to Rs 68,368 thousands (Previous Year Rs. 277,923 thousands)

17 FORM L-22 Analytical Ratios* Registration No. and Date of Registration with the IRDA:117, August 6, 2001 Date : MARCH 31, 2015 Sl.No. Particular FOR THE MARCH 31, 2015 UP TO THE MARCH 31, 2015 FOR THE MARCH 31, 2014 UP TO THE MARCH 31, New business premium income growth rate - segment wise - Participating policies 0.05 (0.19) Non-participating policies (0.09) Pension NA NA (1.00) (1.00) - Non Par Pension (0.62) (0.60) - Health 4.82 (0.87) (0.86) (0.98) - Group - linked (0.77) (0.74) (0.82) (0.52) - Individual Life - Linked (0.27) (0.50) - Pension - linked (1.03) (0.97) (7.31) 2 Net Retention Ratio Expense of Management to Gross Direct Premium Ratio Commission Ratio (Gross commission paid to Gross Premium) Ratio of policy holder's liabilities to shareholder's funds Growth rate of shareholders' fund -0.35% 8.93% 2.69% 34.18% 7 Ratio of surplus/(deficit) to policyholders' liability Change in net worth (Rs. In '000) (29,602) 625, ,419 1,782,931 9 Profit after tax/total Income (0.00) 0.03 (0.00) (Total real estate + loans)/(cash & invested assets) Total investments/(capital + Surplus) Total affiliated investments/(capital+ Surplus) Investment Yield (Annualised) - Non linked Par (With unrealised gains/losses) 14.63% 21.63% 14.89% 1.40% - Non linked Par (With realised gains/losses) 9.12% 9.08% 8.95% 8.99% - Non linked Non Par (With unrealised gains/losses) 13.03% 18.22% 13.38% 3.21% - Non linked Non Par (With realised gains/losses) 8.77% 9.15% 8.87% 8.96% 14 Conservation Ratio -Linked Non Linked Pension (both Linked and Non Linked) Health Persistency Ratio 16 NPA Ratio For 13th month 64.77% 62.00% 54.27% 56.84% For 25th month 45.40% 47.52% 47.49% 47.26% For 37th month 39.83% 40.09% 34.83% 36.25% For 49th Month 31.63% 32.38% 27.60% 27.54% for 61st month 13.44% 16.45% 11.85% 13.06% Gross NPA Ratio Net NPA Ratio Equity Holding Pattern for Life Insurers 1 (a) No. of shares 2,012,884,283 2,012,884,283 2,012,884,283 2,012,884,283 2 (b) Percentage of shareholding (Indian / Foreign) 74% : 26% 74% : 26% 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 period (not to be annualized) (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) Basic - Rs.0.26 Diluted - Rs.0.26 Basic - Rs.0.26 Diluted - Rs.0.26 Basic - Rs.0.26 Diluted - Rs.0.26 Basic - Rs.0.26 Diluted - Rs.0.26 Basic - Rs.0.24 Diluted - Rs.0.24 Basic - Rs.0.24 Diluted - Rs.0.24 Basic - Rs.0.24 Diluted - Rs.0.24 Basic - Rs.0.24 Diluted - Rs (iv) Book value per share (Rs) Note: 1.Shareholders' funds are net of accumulated deficit in Reveneue Account, for the purpose of calculating relevant ratios. 2.Ratios are based on Public Disclosure guidelines issued by IRDA dated January 28, Persistency ratios are estimated as prescribed by IRDA circular IRDA/ACT/CIR/MISC/035/01/2014 dated on 23 January Persistency ratios are based on annualised premiums of the individual block of policies

18 FORM L-23-RECEIPT AND PAYMENTS SCHEDULE Cash Flows from the operating activities: (Rs in '000's) Premium received from policyholders, including advance receipts 25,535,497 Other receipts 119,177 Payments to the re-insurers, net of commissions and claims/ Benefits (137,674) Payments to co-insurers, net of claims / benefit recovery - Payments of claims/benefits (19,066,486) Payments of commission and brokerage (1,386,601) Payments of other operating expenses (6,500,658) Preliminary and pre-operative expenses - Deposits, advances and staff loans (6,645) Income taxes paid (Net) - Service tax paid (750,503) Other payments - Cash flows before extraordinary items (2,193,893) Cash flow from extraordinary operations (give break-up) - Net cash flow from operating activities (2,193,893) Cash flows from investing activities: Purchase of fixed assets (208,520) Proceeds from sale of fixed assets 6,470 Purchases of investments (688,941,821) Loans disbursed (13,741) Sales/ Maturity of investments 684,412,506 Repayments received - Rents/Interests/ Dividends received 6,511,297 Investments in money market instruments and in liquid mutual funds (Net)* - Change in other current assets - Expenses related to investments - Net cash flow from investing activities 1,766,191 Cash flows from financing activities: Proceeds from issuance of share capital - Refund of subscription received against rights issue - Proceeds from borrowing - Repayments of borrowing (Finance lease obligations) - Interest/dividends paid - Net cash flow from financing activities - Effect of foreign exchange rates on cash and cash equivalents, net - Net increase in cash and cash equivalents: (427,702) Cash and cash equivalents at the beginning of the year 2,143,037 Cash and cash equivalents at the end of the year 1,715,335

19 L-24-Liab IRDA Periodic Disclosures FORM L-24 Valuation of net liabiltiies Valuation of net liabiltiies Date : March 31, 2015 (Rs in Lakhs) Sl.No. Particular As at March 31, 2015 As at March 31, Linked a Life 713, ,654 b General Annuity - - c Pension 20,393 27,984 d Health Non-Linked - a Life 430, ,086 b General Annuity - - c Pension 17,507 33,060 d Health 2 6

20 L-25-(i)-Geog Dist-Individuals IRDA Periodic Disclosures FORM L-25- (i) : Geographical Distribution Channel - Individuals Registration No. and Date of Registration with the IRDA:117, August 6, 2001 Date : March 31, 2015 (Rs in Lakhs) Geographical Distribution of Total Business - Individual - April 2014 to March 2015 Sl.No. State / Union Territory Rural Urban Total Business No. of Policies No. of Lives Premium Sum Assured No. of Policies No. of Lives Premium Sum Assured No. of Policies No. of Lives Premium Sum Assured 1 Andhra Pradesh ,016 2,578 2, ,155 3,440 3,440 1,230 44,171 2 Arunachal Pradesh Assam ,449 1,735 1, ,739 2,558 2, ,188 4 Bihar 4,672 4,672 1,059 25,947 3,481 3,481 1,131 23,246 8,153 8,153 2,190 49,193 5 Chattisgarh , ,701 1,433 1, ,409 6 Goa , ,104 7 Gujarat ,680 3,502 3,502 1,602 46,153 4,436 4,436 1,872 55,834 8 Haryana 3,326 3, ,487 4,520 4,520 1,626 36,574 7,846 7,846 2,625 57,061 9 Himachal Pradesh ,019 8,019 2,195 48,566 8,191 8,191 2,328 49, Jammu & Kashmir 4,685 4,685 1,032 16,169 16,816 16,816 4,178 62,469 21,501 21,501 5,210 78, Jharkhand , ,933 1,968 1, , Karnataka 3,551 3,551 1,164 29,489 11,803 11,803 5, ,450 15,354 15,354 6, , Kerala 1,360 1, ,217 6,217 6,217 2,837 66,597 7,577 7,577 3,331 78, Madhya Pradesh 2,225 2, ,661 3,427 3,427 1,260 28,085 5,652 5,652 1,777 39, Maharashtra 1,116 1, ,080 6,426 6,426 4, ,510 7,542 7,542 5, , Manipur , , Meghalaya Mirzoram Nagaland Orissa 2,935 2, ,284 3,585 3,585 1,231 25,999 6,520 6,520 1,821 42, Punjab 8,194 8,194 3,364 52,684 13,716 13,716 5,442 99,446 21,910 21,910 8, , Rajasthan 3,772 3, ,015 2,979 2, ,668 6,751 6,751 1,658 40, Sikkim Tamil Nadu ,593 3,517 3,517 1,635 44,974 4,005 4,005 1,749 49, Telangana ,105 1,591 1, ,347 1,748 1, , Tripura Uttar Pradesh 11,679 11,679 2,785 64,151 19,128 19,128 6, ,872 30,807 30,807 9, , UttraKhand 1,325 1, ,737 2,157 2, ,971 3,482 3,482 1,113 29, West Bengal 4,706 4,706 1,347 32,500 7,791 7,791 3,951 78,061 12,497 12,497 5, , Andaman & Nicobar Islands Chandigarh , , Dadra & Nagrahaveli Daman & Diu Delhi ,362 13,786 13,786 6, ,659 14,684 14,684 6, , Lakshadweep Puducherry Company Total 59,843 59,843 16, , , ,348 55,342 1,247, , ,191 72,145 1,631,887

21 FORM L-25- (ii) : Geographical Distribution Channel - GROUP Registration No. and Date of Registration with the IRDA:117, August 6, 2001 Date : March 31, 2015 (Rs in Lakhs) Sl.No. State / Union Territory Geographical Distribution of Total Business - GROUP - April 2014 to March 2015 Rural Urban Total Business No. of Policies No. of Lives Premium Sum Assured No. of Policies No. of Lives Premium Sum Assured No. of Policies No. of Lives Premium Sum Assured 1 Andhra Pradesh , , ,080 2 Arunachal Pradesh Assam Bihar , , , ,548 5 Chattisgarh , ,352 6 Goa , ,621 7 Gujarat , , , ,704 8 Haryana ,629 1, , ,640 1, ,488 9 Himachal Pradesh Jammu & Kashmir ,677-2, ,497-3, , Jharkhand , , , , Karnataka ,310 3,926 2,565, ,465 3,931 2,566, Kerala , , , , Madhya Pradesh , , Maharashtra ,102 2,657 4,409, ,105 2,657 4,409, Manipur Meghalaya (2) (2) Mirzoram Nagaland Orissa Punjab (410) 31 2,602 2 (391) 32 2, Rajasthan , , Sikkim Tamil Nadu , , ,551, , ,552, Telangana , ,036 15, Tripura Uttar Pradesh , , , , , UttraKhand , , West Bengal , , , , Andaman & Nicobar Islands Chandigarh , , Dadra & Nagrahaveli Daman & Diu (223) 0 (301) - (223) 0 (301) 34 Delhi ,777 1, , ,778 1, , Lakshadweep Puducherry , ,870-1, ,262 Company Total - 1, , ,496,146 10,682 13,231, ,497,917 10,761 13,238,774

22 FORM L-26-INVESTMENT ASSETS(LIFE INSURERS)-3A (Read with Regulation 10) Name of the Insurer: PNB Metlife India Insurance Company Limited Registration Number: 117 Statement as on: 31st Mar 2015 Statement of Investment Assets (Life Insurers) (Business within India) Periodicity of Submission: Quarterly Section I PART - A Rs.lakhs Total Application as per Balance Sheet (A) 1,407,442 Reconciliation of Investment Assets Add (B) Total Investment Assets (as per Balance Sheet) 1,273,620 Provisions Sch-14 2,013 Balance Sheet Value of: Current Liabilities Sch-13 57,143 A. Life Fund 520,991 59,157 B. Pention & General Annuity and Group Business 22,268 Less (C ) C. Unit Linked Funds 730,362 Debit Balance in P& L A/c 135,397 1,273,620 Deferred tax asset Loans Sch-09 1,920 Adv & Other Assets Sch-12 33,940 Cash & Bank Balance Sch-11 17,153 Fixed Assets Sch-10 4,567 Misc Exp. Not Written Off Sch-15 - Funds available for Investments 1,273,620 Section II NON - LINKED BUSINESS A. LIFE FUND % as per Reg SH Balance FRSM + UL-Non Unit Res PAR NON PAR PH Book Value (SH+PH) Actual % FVC Amount Total Fund (a) (b) (c) (d) (e) (f) = [b+c+d+e] (g) = [(f) - (a)]% (h) (i)=(a+f+h) (j) Market Value 1 Central Govt. Sec 2 Central Govt Sec, State Govt Sec or Other Approved Securities (incl (i) above) Not Less than 25% Not Less than 50% - 28,797 12, ,545 82, , , ,878-39,536 12, ,702 83, , , ,738 3 Investment subject to Exposure Norms - - a. Housing & Infrastructure - - Not Less than 1. Approved Investments - 12,229 5,084 85,107 25, , , ,290 15% 2. Other Investments b. i) Approved Investments Not exceeding - 8,073 4,840 17,345 4,381 34, ,639 35,965 ii) Other Investments 35% TOTAL LIFE FUND 100% - 59,838 22, , , , , ,451 PH B. PENSION & GENERAL ANNUITY AND GROUP BUSINESS % as per Reg PAR NON PAR Book Value Actual % FVC Amount Total Fund Market Value (a) (b) (c)= (a+b) (d) (e) (f)=(c+e) (g) 1 Central Govt. Sec Not Less than 20% 4,724 8,359 13, ,083 13,413 2 Central Govt Sec, State Govt Sec or Other Approved Not Less than 40% 4,820 8,862 13, ,681 14,021 3 Balance in Approved investment Not Exceeding 60% 1,669 6,917 8, ,586 8,665 TOTAL PENSION, GENERAL ANNUITY FUND 100% 6,489 15,778 22, ,268 22,686 LINKED BUSINESS C. LINKED FUNDS % as per Reg PH Total Fund (c) = PAR (a) NON PAR (b) (a+b) Actual % (d) 1 Approved Investments Not Less than 75% - 717, , Other Investments Not More than 25% - 12,698 12,698 2 TOTAL LINKED INSURANCE FUND 100% - 730, ,

23 FORM L-27-UNIT LINKED BUSINESS-3A (Read with Regulation 10) Unit Linked Insurance Business Name of the Insurer: PNB Metlife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd ) Registration Number: 117 Link to Item 'C' of FORM 3A (Part A) Periodicty of Submission: Quarterly Statement as on: 31st Mar 2015 PARTICULARS Opening Balance (Market Value) 31,079 31,037 56,827 41,400 46,152 4,431 8,770 2, , ,801 Add: Inflow during the Quarter 102 2, ,715 4, , ,786 2,141 Increase / (Decrease) Value of Inv [Net] 979 1,041 1, , ,525 8,590 Less: Outflow during the Quarter 1, , , ,066 16,011 TOTAL INVESTIBLE FUNDS (MKT VALUE) ULIF00525/01/05ACCELE RATO117 ULIF01015/12/09BALANCER2 F117 ULIF00425/01/05BALANCE RFN117 ULIF01721/12/10DISCONTIN U117 ULIF01315/12/09FLEXICAPFN 117 ULGF00205/06/04GRABALAN CE117 ULGF00105/06/04GRADE BTFND117 ULIF00325/01/05MODERA TORF117 ULIF01115/12/09MULTIPLIE21 17 ULIF00625/01/05MULTIPLIER ,440 33,647 55,659 47,292 51,790 4,497 9,067 2, , ,522 INVESTMENT OF UNIT FUND ULIF00525/01/05ACCELE ULIF01015/12/09BALANCER2 ULIF00425/01/05BALANCE ULIF01721/12/10DISCONTIN ULIF01315/12/09FLEXICAPFN ULGF00205/06/04GRABALAN ULGF00105/06/04GRADE ULIF00325/01/05MODERA ULIF01115/12/09MULTIPLIE21 ULIF00625/01/05MULTIPLIER1 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 Approved Investments (>=75%) Central Govt Securities 1, % 4, % 12, % 45, % - 0.0% 1, % 3, % 1, % - 0.0% - 0.0% State Governement Securities - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Other Approved Securities - 0.0% % % - 0.0% - 0.0% - 0.0% 7 0.1% 3 0.1% - 0.0% - 0.0% Corporate Bonds 1, % 2, % 4, % - 0.0% - 0.0% % 1, % % - 0.0% - 0.0% Infrastructure Bonds 2, % 6, % 7, % - 0.0% - 0.0% % 3, % % - 0.0% - 0.0% Equity 24, % 16, % 29, % - 0.0% 46, % 1, % - 0.0% % 105, % 253, % Money Market Investments % 1, % % 5, % % % % % 1, % 2, % Mutual funds - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Deposit with Banks - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Sub Total (A) 29, % 31, % 54, % 50, % 47, % 4, % 8, % 2, % 107, % 255, % Current Assets: Accrued Interest % % % - 0.0% 0 0.0% % % % 0 0.0% 0 0.0% Dividend Recievable - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Bank Balance 7 0.0% 6 0.0% 9 0.0% 8 0.0% % 0 0.0% 1 0.0% 0 0.0% % % Receivable for Sale of Investments 0 0.0% 0 0.0% 0 0.0% - 0.0% 0 0.0% 0 0.0% - 0.0% 0 0.0% 0 0.0% 0 0.0% Other Current Assets (for Investme % % % 0 0.0% 1, % % % 0 0.0% % - 0.0% Less: Current Liabilities Payable for Investments % % % 2, % % % - 0.0% 1 0.0% % % Fund Mgmt Charges Payable 2 0.0% 1 0.0% 3 0.0% 1 0.0% 2 0.0% 0 0.0% 0 0.0% 0 0.0% 4 0.0% % Other Current Liabilities (for In - 0.0% - 0.0% - 0.0% % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% % Sub Total (B) % % % (2,831) -6.0% % % % % % (300) -0.1% 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% Infrastructure Bonds - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Equity % % % - 0.0% 3, % % - 0.0% % 1, % 4, % Mutual funds - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Venture funds - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Others - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% Sub Total (C) % % % - 0.0% 3, % % - 0.0% % 1, % 4, % Total (A + B + C) 30, % 33, % 55, % 47, % 51, % 4, % 9, % 2, % 110, % 259, % Fund Carried Forward (as per LB 2) 30,440 33,647 55,659 47,292 51,790 4,497 9,067 2, , ,522

24 FORM L-27-UNIT LINKED BUSINESS-3A (Read with Regulation 10) Unit Linked Insurance Business Name of the Insurer: PNB Metlife India Insu Registration Number: 117 PART - B Periodicty of Submission: Quarterly Statement as on: 31st Mar 2015 Rs. Lakhs Add: Less: PARTICULARS Opening Balance (Market Value) Inflow during the Quarter Increase / (Decrease) Valu Outflow during the Quarter TOTAL INVESTIBLE FUNDS (MKT VALUE) ULIF01616/11/10NAVGUA RANT117 ULIF00815/12/09PRESERVE R2117 1,893 5,952 9,451 63,759 21, ,041 12, ,137 3, , , , ,098 1,921 6,284 ULIF00125/01/05PRESERVE RF117 ULIF00915/12/09PROTECTO R2117 ULIF00225/01/05PROTECTO RF117 ULIF01415/12/09RETGU ARFND117 ULIF01519/02/10RETGUA RFN2117 9,024 72,990 20, ULIF01215/12/09VIRTUE2 ULIF00719/02/08VIRTUEFUND FND ,296 Total of All Funds 712,022 32,843 23,085 37,588 12, ,362 INVESTMENT OF UNIT FUND Approved Investments (>=75%) Central Govt Securities State Governement Securities Other Approved Securities Corporate Bonds Infrastructure Bonds Equity Money Market Investments Mutual funds Deposit with Banks Sub Total (A) Current Assets: Accrued Interest Dividend Recievable Bank Balance Receivable for Sale of Investments Other Current Assets (for Investme Less: Current Liabilities Payable for Investments Fund Mgmt Charges Payable Other Current Liabilities (for In Sub Total (B) Other Investments (<=25%) Corporate Bonds Infrastructure Bonds Equity Mutual funds Venture funds Others Sub Total (C) Total (A + B + C) Fund Carried Forward (as per LB 2) ULIF01616/11/10NAVGUA ULIF00815/12/09PRESERVE ULIF00125/01/05PRESERVE ULIF00915/12/09PROTECTO ULIF00225/01/05PROTECTO ULIF01415/12/09RETGU ULIF01519/02/10RETGUA ULIF01215/12/09VIRTUE2 ULIF00719/02/08VIRTUEFUND Total of All Funds % 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 1, % 5, % 8, % 34, % 8, % - 0.0% - 0.0% - 0.0% - 0.0% 130, % % - 0.0% - 0.0% - 0.0% % - 0.0% - 0.0% - 0.0% - 0.0% % - 0.0% 4 0.1% % 6 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% % % - 0.0% - 0.0% 11, % 5, % - 0.0% - 0.0% - 0.0% - 0.0% 28, % % - 0.0% - 0.0% 16, % 5, % - 0.0% - 0.0% - 0.0% - 0.0% 42, % % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% 2, % 11, % 490, % % % % 3, % % - 0.0% - 0.0% % % 16, % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% 1, % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% 1, % 1, % 6, % 8, % 68, % 19, % - 0.0% - 0.0% 2, % 11, % 710, % % % % 1, % % - 0.0% - 0.0% - 0.0% - 0.0% 4, % 0 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% 0 0.0% 0 0.0% 1 0.0% 0 0.0% 5 0.0% 0 0.0% - 0.0% 1 0.0% 1 0.0% 3 0.0% % - 0.0% - 0.0% - 0.0% % - 0.0% - 0.0% - 0.0% 6 0.2% % % - 0.0% % % 2, % % - 0.0% - 0.0% % - 0.0% 5, % % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% % % 3, % 0 0.0% 0 0.0% 0 0.0% 2 0.0% 1 0.0% - 0.0% - 0.0% 0 0.0% 1 0.0% % 0 0.0% - 0.0% - 0.0% - 0.0% 0 0.0% - 0.0% 1 0.0% - 0.0% % % % % % 4, % 1, % - 0.0% - 0.0% (0) 0.0% (26) -0.2% 7, % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% 3 0.2% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% % % 12, % - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% 3 0.2% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% - 0.0% % % 12, % 1, % 6, % 9, % 72, % 20, % - 0.0% - 0.0% 2, % 12, % 730, % 1,921 6,284 9,024 72,990 20, ,296 12, ,362

25 FORM L-28-ULIP-NAV-3A (Read with Regulation 10) Name of the Insurer: PNB Metlife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd ) Registration Number: 117 Link to FORM 3A (Part B) Statement for the period: 01 January 2015 to 31 March 2015 Periodicity of Submission: Quarterly Statement of NAV of Segregated Funds No Fund Name SFIN Date of Launch Par/Non Par Assets Under Management on the above date 1 ACCELERATOR ULIF00525/01/05ACCELERATO Jan-05 NON PAR 30, % 14.7% BALANCER ULIF00425/01/05BALANCERFN Jan-05 NON PAR 55, % 12.5% BALANCER II FUND ULIF01015/12/09BALANCER2F Dec-09 NON PAR 33, % 13.2% DISCONTINUED POLICY FUND ULIF01721/12/10DISCONTINU Dec-10 NON PAR 47, % 7.9% FLEXI CAP FUND ULIF01315/12/09FLEXICAPFN Dec-09 NON PAR 51, % 19.2% GRATUITY BALANCED ULGF00205/06/04GRABALANCE Jun-04 NON PAR 4, % 12.0% GRATUITY DEBT ULGF00105/06/04GRADEBTFND Jun-04 NON PAR 9, % 8.9% MODERATOR ULIF00325/01/05MODERATORF Jan-05 NON PAR 2, % 9.9% MULTIPLIER ULIF00625/01/05MULTIPLIER Jan-05 NON PAR 259, % 15.6% MULTIPLIER II FUND ULIF01115/12/09MULTIPLIE Dec-09 NON PAR 110, % 16.5% NAV GUARANTEE FUND ULIF01616/11/10NAVGUARANT Nov-10 NON PAR 1, % 8.4% PRESERVER ULIF00125/01/05PRESERVERF Jan-05 NON PAR 9, % 7.9% PRESERVER II FUND ULIF00815/12/09PRESERVER Dec-09 NON PAR 6, % 8.7% PROTECTOR ULIF00225/01/05PROTECTORF Jan-05 NON PAR 20, % 8.3% PROTECTOR II FUND ULIF00915/12/09PROTECTOR Dec-09 NON PAR 72, % 9.4% RETURN GUARANTEE FUND - I * ULIF01415/12/09RETGUARFND Dec-09 NON PAR NA NA RETURN GUARANTEE FUND - II * ULIF01519/02/10RETGUARFN Feb-10 NON PAR NA NA VIRTUE ULIF00719/02/08VIRTUEFUND Feb-08 NON PAR 12, % 20.7% VIRTUE II FUND ULIF01215/12/09VIRTUE2FND Dec-09 NON PAR 2, % 21.3% NAV as per LB 2 NAV as on the above date* Previous Qtr NAV 2nd Previous Qtr NAV 3rd Previous Qtr NAV 4th Previous Qtr NAV Return / Yield 3 Year Rolling CAGR PART - C Rs. Lakhs Highest NAV since inception Total 730,362