FORM NL-1-B-RA SN Particulars REVENUE ACCOUNT FOR THE QUARTER ENDED 31st DECEMBER, 2016 Schedule For the quarter 01.10.2016 to 31.12.2016 For the corresponding Up to the Quarter quarter of the preceding Quarter 01.04.2016 to 01.10.2015 to 31.12.2016 31.12.2015 (Rs. in '000) Up to the Quarter of the preceding Quarter 01.04.2015 to 31.12.2015 1 Premium Earned (Net) 1 3807742 15960198 4476977 14801892 2 Profit/Loss on Sale/Redemption of Investments 0 12506 15 8571 3 Others:- a)accretion of Discount on Investment 9335 21725 5482 26485 b)recovery of Co insurance Administrative Charges 13240 141556 0 0 4 Interest, Dividend & Rent -Gross 667513 2008974 585592 1706926 TOTAL (A) 4497830 18144959 5068066 16543874 1 Claims Incurred (Net) 2 172128 14194170 3386484 15157732 2 Commission 3 (646754) (4349410) (262729) (863424) 3 Operating Expenses related to Insurance Business 4 325409 1253957 452611 785596 4 Premium Deficiency 0 0 0 (216747) 5 Bank Interest 0 38546 0 705 6 Expenses related to Investments : 0 a) Amortization of Premium on Investments 5096 14522 2761 7681 b) Stock Holding Charges 612 1211 346 1123 c) Bank Interest & Charges 4 4 0 7 d) Cenvat Credit Input Claimed 0 0 0 0 e) Other expenses related to investment 2 30 16 71 TOTAL (B) (143503) 11153030 3579489 14872744 Operating Profit from Crop Insurance Business C=(A-B) 4641333 6991929 1488577 1671130 APPROPRIATIONS Transfer to Shareholders' Account 4641333 6991929 1488576 1671129 Transfer to Catastrophe Reserve 0 0 Transfer to Other Reserves 0 0 TOTAL 4641333 6991929 1488576 1671129
FORM NL-2-B-PL PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 31st DECEMBER, 2016 SN Particulars Schedule For the quarter 01.10.2016 to 31.12.2016 Up to the Quarter 01.04.2016 to 31.12.2016 For the corresponding quarter of the preceding Quarter (Rs. in '000) 01.10.2015 to 31.12.2015 Up to the Quarter of the preceding Quarter 01.04.2015 to 31.12.2015 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (b) Marine Insurance (c ) Misc. Insurance-Crop Insurance 4641333 6991929 1488576 1671129 2 INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross 470310 1413722 423517 1234499 (b) Profit on sale of investments 0 8795 11 6199 Less: Loss on sale of investments c) Accretion of Discount on Investments 5699 14413 3965 19155 3 OTHER INCOME a) Miscellaneous Receipts 8961 10857 1009 3992 b) Profit on Sale of Assets 0 TOTAL (A) 5126303 8439716 1917078 2934974 4 PROVISIONS (Other than taxation) (a) For Diminution in the value of investments 0 0 0 0 (b) For Doubtful debts 0 0 0 0 (c) Others- Provision for Loyalty Discount 0 0 0 0 (d) Provision for standard asset 3378 (2544) 1176 2505 5 OTHER EXPENSES (a) Expenses other than those related to Insurance Business 0 0 0 0 i) Amortisation of Premium on Investments 3584 10213 1996 5555 ii) Stock Holding Charges 431 852 250 812 iii) Bank Charges 3 3 0 5 iv) Other expenses related to investment 1 21 12 52 (b) Bad debts written off 0 0 0 0 (c) Others i) Loss on sale of Fixed Assets 0 3127 2 118 ii) Preliminary Expenses Written off 0 0 iii) Prior Period Expenses 1 33 0 3 iv) Wealth Tax 0 0 (41) (41) v) Corporate Social Responsibility 8251 29460 2124 7223 vi) Others 0 5 TOTAL (B) 15649 41170 5519 16232 Profit Before Tax (C=A-B) 5110654 8398546 1911559 2918742 Provision for Taxation 1805833 2906569 658083 1010118 APPROPRIATIONS (a) Interim dividends paid during the year (b) Proposed final dividend (c) Dividend distribution tax Profit After Tax (D) 3304821 5491977 1253476 1908624 0 0 0 0 0 0 0 0 0 0 0 0 (e) Transfer to any Reserves or Other Accounts Balance of profit/ loss brought forward from last year Balance carried forward to Balance Sheet 0 0 0 0 0 0 0 0 3304821 5491977 1253476 1908624
FORM NL-3-B-BS BALANCE SHEET FOR THE QUARTER ENDED 31st DECEMBER, 2016 Particulars Schedule As at 31.12.2016 As at 31.12.2015 SOURCES OF FUNDS SHARE CAPITAL SHARE APPLICATION MONEY PENDING ALLOTMENT RESERVES AND SURPLUS FAIR VALUE CHANGE ACCOUNT DEFERRED TAX LIABILITY BORROWINGS NL-8-Share Capital Schedule NL-10-Reserves and Surplus Schedule NL-11-Borrowings Schedule (Rs. in '000) 2000000 2000000 0 0 29926908 23274188 (37486) (74660) 19370 34621 0 0 TOTAL 31908792 25234149 APPLICATION OF FUNDS INVESTMENTS NL-12-Investment 60793213 53353034 Schedule LOANS NL-13-Loans Schedule 47013 39329 FIXED ASSETS NL-14-Fixed Assets 490604 561675 Schedule DEFERRED TAX ASSET 0 0 CURRENT ASSETS CASH AND BANK BALANCES NL-15-Cash and bank 5671302 1631515 balance Schedule ADVANCES AND OTHER ASSESTS NL-16-Advances and Other Assets Schedule 42670528 11465977 Sub-Total (A) 48341830 13097492 CURRENT LIABILITIES NL-17-Current 68638078 30539588 Liabilities Schedule PROVISIONS NL-18-Provisions 9125790 11277794 Schedule DEFERRED TAX LIABILITY Sub-Total (B) 77763868 41817382 NET CURRENT ASSETS (C) = (A (29422038) (28719890) - B) MISCELLANEOUS NL-19-Miscellaneous 0 0 EXPENDITURE (to the extent not written off or adjusted) Expenditure Schedule DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT 0 0 TOTAL 31908792 25234149 Claims, other than against policies, not acknowledged as debts by the Company 0 0
FORM NL- 4 - PREMIUM SCHEDULE PREMIUM EARNED [NET] FOR THE QUARTER ENDED 31st DECEMBER, 2016 For the quarter Up to the quarter For the corresponding quarter of the preceeding quarter up to the Quarter of the prceeding quarter Particulars 01.10.2016 to 31.12.2016 01.04.2016 to 31.12.2016 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 (Rs in '000) Premium from Direct Business written(net of Service Tax) 5565356 51133562 7490808 26920876 Add: Premium on reinsurance accepted 87315 87315 0 Less : Premium on reinsurance ceded 4156023 37577189 1459287 8731483 Net Premium 1496648 13643688 6031521 18189393 Adjustment for change in reserve for unexpired risks 2311094 2316510 (1554544) (3387501) Premium Earned (Net) 3807742 15960198 4476977 14801892
FORM NL-5 - CLAIMS SCHEDULE CLAIM INCURRED [NET] FOR THE QUARTER ENDED 31st DECEMBER, 2016 Particulars For the quarter Up to the quarter For the corresponding quarter of the preceeding quarter Up to the Quarter of the prceeding quarter 01.10.2016 to 31.12.2016 01.04.2016 to 31.12.2016 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 (Rs in '000) Claims Paid - Direct 8252718 23766816 3813549 23565421 Add: Reinsurance Accepted 20754 20754 0 Less:Reinsurance Ceded 1706818 8756945 973665 10179008 Net Claims paid 6566654 15030625 2839884 13386413 Add: Claims Outstanding at the end of the current year -8033318 82750457 (713459) 49662201 Add: Reinsurance Accepted 56302 56302 0 0 Less: Reinsurance Ceded -1582489 56953166 (1260059) 23280218 Net Claims Outstanding at the end of Current year -6394526 25853592 546600 26381983 Less :Claims Outstanding at the end of beginning 0 52326983 0 50135763 Add: Reinsurance Accepted 0 0 0 0 Less: Reinsurance Ceded 0 25636936 0 25525099 Net Claims Outstanding at the end of the previous year 0 26690047 0 24610664 Gross Incurred Claims 219400 54190290 3100090 23091859 Add :Re-insurance accepted to direct claims 77055 77055 0 0 Less :Re-insurance Ceded to claims paid 124329 40073175 (286394) 7934127 Total Claims Incurred 172127 14194170 3386484 15157732
FORM NL-6 COMMISSION SCHEDULE COMMISSION FOR THE QUARTER ENDED 31st DECEMBER, 2016 Particulars For the Quarter Up to the Quarter For the corresponding quarter of the preceeding quarter Up to the Quarter of the prceeding quarter 01.10.2016 to 31.12.2016 01.04.2016 to 31.12.2016 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 (Rs in '000) Direct 425 684 3454 4501 Add: Re-insurance Accepted 21365 21365 0 0 Less: Commission on Re-insurance Ceded* 668544 4371459 122102 867925 Net Commission (646754) (4349410) (103704) (863424) Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents 0 0 0 0 Brokers 108 290 562 859 Corporate Agency 0 0 0 0 Referral 0 0 0 0 Micro Insurance Agents/NGO's etc 121 180 809 1392 Reimbursement to GIPSA Companies (Coinsurance Tie Up) 196 214 2083 2250 TOTAL 425 684 3454 4501
FORM NL-7 OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS FOR THE QUARTER ENDED 31st DECEMBER, 2016 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 01.10.2016 to 31.12.2016 01.04.2016 to 31.12.2016 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 (Rs in '000) 1 Employees' Remuneration & Welfare benefits 77106 328055 64623 193862 2 Travel, conveyance and vehicle running expenses 8852 25027 6165 17849 3 Training expenses 401 1242 648 2984 4 Rents, rates & taxes 25365 73277 19199 58842 5 Repairs 2284 7173 4009 9069 6 Printing & Stationery 1929 9967 1621 4002 7 Communication 2494 6694 1500 4957 8 Legal & Professional Charges 1451 5062 1611 5750 9 Auditor's Fees, Expenses etc (3) 636 (601) 345 (a) as auditor 0 0 0 0 (b) as adviser or in any other capacity, in respect of (i) Taxation matters 0 0 0 0 (ii) Insurance matters 0 0 0 0 (iii) Management services; and 0 0 0 0 (c) in any other capacity 0 0 0 0 10 Advertisement and Publicity 6340 24605 11437 19971 11 Research & Development Expenses 34 2461 550 550 12 Fee & Subscription to Statutory Authorities (50) 21722 5482 19361 13 Interest & Bank Charges 1631 1679 10 70 14 Depreciation 31175 91065 32515 76424 15 Information Technology 110466 200222 135948 186813 16 Service charges to Banks/FI's 42096 417813 14945 159025 17 Other 13838 37257 8869 25722 Total 325409 1253957 308531 785596
SN Particulars FORM NL-8 - SHARE CAPITAL SCHEDULE SHARE CAPITAL FOR THE QUARTER ENDED 31st DECEMBER, 2016 As at 31.12.2016 for the current Quarter As at 31.12.2015 for the corresponding previous quater (Rs. 000) 1 Authorised Capital 15000000 15000000 Equity Shares of Rs 10 each 2 Issued Capital 2000000 2000000 Equity Shares of Rs.10 each 3 Subscribed Capital 2000000 2000000 Equity Shares of Rs.10 each 4 Called-up Capital 2000000 2000000 Equity Shares of Rs.10 each Less : Calls unpaid 0 0 Add : Equity Shares forfeited (Amount originally paid up) 0 0 Less : Par Value of Equity Shares bought 0 0 back Less : Preliminary Expenses 0 0 Expenses including commission or 0 0 brokerage on Underwriting or subscription of shares 0 0 TOTAL 2000000 2000000
FORM NL-9 PATTERN OF SHAREHOLDING SCHEDULE Shareholder FOR THE QUARTER ENDED 31st DECEMBER, 2016 [As certified by the Management] As at 31.12.2016 for the current quarter Number of Shares ('000) % of Holding As at 31.12.2015 for the corresponding previous quarter Number of Shares ('000) % of Holding Promoters Indian General Insurance Corporation of India 70000 35% 70000 35% National Agriculture Bank for Rural Development National Insurance Company Ltd.& its nominee The New India Assurance Company Ltd. & its nominee 60000 30% 60000 30% 17500 8.75% 17500 8.75% 17500 8.75% 17500 8.75% The Oriental Insurance Company Ltd. 17500 8.75% 17500 8.75% United India Insurance Company Ltd. 17500 8.75% 17500 8.75% Foreign NIL NIL NIL NIL Others 0 0 0 0 TOTAL 200000 100% 200000 100%
FORM NL-10 - RESERVES AND SURPLUS SCHEDULE RESERVES AND SURPLUS FOR THE QUARTER ENDED 31st DECEMBER, 2016 SN Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter (Rs in '000) 1 Capital Reserve 0 2 Capital Redemption Reserve 0 3 Share Premium 0 4 General Reserve Opening Balance 24434931 21365564 Add: Profit transferred during the year 0 24434931 0 21365564 5 Catastrophe Reserve 0 6 Other Reserves 0 Balance of Profit in Profit & Loss Account 5491977 1908624 TOTAL 29926908 23274188
SN FORM NL-11 - BORROWINGS SCHEDULE BORROWINGS FOR THE QUARTER ENDED 31st DECEMBER, 2016 Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter (Rs. 000) 1 Debentures/ Bonds 0 0 2 Banks ( secured against Deposit) 0 0 3 Financial Institutions 0 0 4 Others (to be specified) 0 0 TOTAL 0 0
FORM NL-12 - INVESTMENT SCHEDULE INVESTMENT FOR THE QUARTER ENDED 31st DECEMBER, 2016 SN Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter (Rs. 000) LONG TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 11641232 10195547 2 Other Approved Securities 6954545 5320501 3 Other Investments 0 0 (a) Shares 0 0 (aa) Equity 1408065 1056224 (ab) Preference 0 0 (b) Mutual Funds 0 0 (c) Derivative Instruments 0 0 (d) Debentures/ Bonds 5816929 6499442 (e) Other Securities-Tier II Bonds 0 0 (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate 0 0 4 Investments in Infrastructure and Social Sector 5145069 4812384 5 Other than Approved Investments 16188 11851 Sub-total (A) 30982026 27895949 SHORT TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 1158201 599020 2 Other Approved Securities 81090 0 3 Other Investments (a) Shares (aa) Equity (bb) Preference (b) Mutual Funds 1610215 1189188 (c) Derivative Instruments (d) Debentures/ Bonds 1982119 1500000 (e) Other Securities (Commercial Papers) 21458266 18729700 (f) Subsidiaries (g) Investment Properties-Real Estate 4 Investments in Infrastructure and Social Sector 1292520 750000 5 Other than Approved Investments 2228776 2689178 Sub-total (B) 29811186 25457085 TOTAL 60793213 53353034
FORM NL-13 LOANS SCHEDULE LOANS FOR THE QUARTER ENDED 31st DECEMBER, 2016 SN Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter (Rs. in '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 47013 39329 Unsecured 0 0 TOTAL 47013 39329 2 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) 47013 39329 TOTAL 47013 39329 3 PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India 47013 39329 (bb) Outside India 0 0 (b) Non-performing loans less provisions (aa) In India 0 0 (bb) Outside India 0 0 TOTAL 47013 39329 4 MATURITY-WISE CLASSIFICATION (a) Short Term 0 0 (b) Long Term 47013 39329 TOTAL 47013 39329
Particulars FORM NL-14 - FIXED ASSETS SCHEDULE As at 01.04.2016 FIXED ASSETS FOR THE PERIOD ENDING 31st DECEMBER, 2016 Cost/Gross Block Depreciation Addition : during the year Less:Discar ded/sale during the year As at 31.12.2016 As at 01.04.2016 For the current year On sale /adjustment Upto date 31.12.2016 As at 31.12.2016 Net Block (Rs. 000) As at 31.03.2016 Goodwill 0 0 0 0 0 0 0 0 0 0 Intangibles (Computer Software) 466066 0 0 466066 270436 51485 0 321921 144145 195630 Land-Freehold 0 0 0 0 0 0 0 0 0 0 Leasehold Property 0 0 0 0 0 0 0 0 0 0 Buildings 364384 110 364494 65293 11037 0 76330 288164 299091 Furniture & Fittings 16124 621 16745 10644 1223 0 11867 4878 5480 Information Technology Equipment 202234 6667 48613 160288 146662 23807 45291 125178 35110 55572 Vehicles 27818 3316 1343 29791 15063 3150 989 17224 12567 12755 Office Equipment 9567 1394 26 10935 7694 807 16 8485 2450 1873 Electrical Equipment & Fittings 9782 126 9908 5697 921 0 6618 3290 4086 TOTAL (A) 1095975 12234 49982 1058227 521489 92430 46296 567623 490604 574487 Capital Work in progress 0 0 0 0 0 0 0 0 0 0 Capital Work in progress - Hardware 0 0 0 0 0 0 0 0 0 0 Capital Work in progress - Software 0 0 0 0 0 0 0 0 0 0 TOTAL (B) 0 0 0 0 0 0 0 0 0 0 Grand Total (A)+(B) 1095975 12234 49982 1058227 521489 92430 46296 567623 490604 574487 PREVIOUS YEAR(31.03.2016) 839805 259742 3572 1095975 410436 113702 2648 521489 574486 `-
SN CASH AND BANK BALANCES FOR THE QUARTER ENDED 31st DECEMBER, 2016 For the FOR THE UP TO THE corresponding QUARTER QUARTER quarter of the Particulars preceeding quarter 01.10.2016 to 31.12.2016 01.04.2016 to 31.12.2016 01.10.2015 to 31.12.2015 (Rs. 000) up to the Quarter of the prceeding quarter 01.04.2015 to 31.12.2015 1 Cash (including cheques, drafts and stamps) (1025) 61 2 59 2 Bank Balances (a) Deposit Accounts FORM NL-15 - CASH AND BANK BALANCES SCHEDULE (aa) Short-term (due within 12 months) 0 0 0 0 (bb) Others - Flexi Deposit (26539663) 3978023 (249786) 1436264 (b) (i) Current Accounts 1585214 1693218 (661679) 195192 (ii) Others 0 0 0 0 (c) Others : ( Remittances in Transit) 0 0 0 0 3 Money at Call and Short Notice (a) With Banks 0 0 0 0 (b) With other Institutions 0 0 0 0 4 Others 0 0 0 0 TOTAL (24955474) 5671302 (911463) 1631515
FORM NL-16 - ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS FOR THE PERIOD ENDING 31st DECEMBER, 2016 SN Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter (Rs. 000) ADVANCES 1 Reserve deposits with ceding companies 0 0 2 Application money for investments 0 0 3 Prepayments 6575 59076 4 Advances to Directors/Officers 3602 1526 5 Advance tax paid and taxes deducted at source 262634 977058 (Net of provision for taxation) 6 Others: (a) Advance Rent paid 1883 8765 (b) Sundry Advances 37657 19425 Less: Provision for premium defalcation -17833-17833 TOTAL (A) 294518 1048017 OTHER ASSETS 1(a) Income accrued on investments Accrued but not due 1779607 1745994 Accrued and due 0 0 1(b) Income accrued on Flexi deposit 0 0 2 Outstanding Premiums 0 0 3 Agents Balances 0 0 4 Due from other entities carrying on insurance 2346597 2084556 business(including reinsurers) 5 Due from subsidiaries/ holding 0 0 6 Others: a) Sundry Deposits 57996 45568 b) Advance against Capital Assets 903669 676787 c) Short Collection of Premium 83155 27797 d) Premium Receivable 0 e) Others (Adhoc payment to Govt. of India) 2000000 2000000 f) Government (Centre/States/Uts/Coffee Board) 35183752 3815842 g) Sundry Debtors 0 0 h) Service Tax Unutilized Credit 21233 21416 TOTAL (B) 42376009 10417960 GRAND TOTAL (A+B) 42670528 11465977
FORM NL-17 - CURRENT LIABILITIES SCHEDULE SN CURRENT LIABILITIES FOR THE PERIOD ENDING 31st DECEMBER, 2016 Particulars As at 31.12.2016 for the current quarter (Rs. 000) As at 31.12.2015 for the corresponding previous quarter 1 Agents Balances 0 0 2 Balance Due to other Insurance Companies 38771923 203629 3 Deposits held on Reinsurance Ceded 0 0 4 Premium received in advance 0 0 5 Unallocated Premium 0 0 6 (a) Sundry Creditors(EOM) 1114855 497614 (b) Sundry Creditors(business) 108751 15126 7 Due to Subsidiary/Holding Company 0 0 8 Claims Outstanding 25853592 20864043 9 Due to Officers/Directors 0 0 10 OTHERS: a) Excess Collection of Premium 751840 1077904 b) Expenses Payable 108641 136853 c) Earnest Money Deposit 5324 1419 d) Government (Centre/States/UTs/Coffee Board) 1884930 1775506 e) Advance from Financial Institution 0 0 11 Unclaimed Amount of policyholders 38222 5967493 TOTAL 68638078 30539588
FORM NL-18 - PROVISIONS SCHEDULE PROVISIONS FOR THE QUARTER ENDED 31st DECEMBER, 2016 SN Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter (Rs. 000) 1. Reserve for Unexpired Risk 8823725 10869570 2. For Taxation (Net of Advance Tax & TDS) 0 0 3. For Proposed Dividend 0 0 4. For Dividend Distribution Tax 0 0 5. Others: a) Provision for Retirement Benefits 159794 182828 b) Provision for Doubtful Debts 47 47 c) Provision on Standard Assets 136494 118707 d) Provision for Outstanding Expenses 0 92268 e) Provision for Purchase 5722 14366 f) Reserve for Loyalty Discount 8 8 TOTAL 9125790 11277794
FORM NL-19 - MISCELLANEOUS EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE FOR THE PERIOD ENDING 31st DECEMBER, 2016 (To the extent not written off or adjusted) SN Particulars As at 31.12.2016 for the current quarter As at 31.12.2015 for the corresponding previous quarter 1 Discount Allowed in issue of shares/ debentures 2 Others : (i) Research & Development Expenses (Rs. 000) 0 0 0 0 (ii) Preliminary Expenses 0 0
FORM NL-21 - STATEMENT OF LIABILITIES Statement of Liabilities (Rs. in Lakh) AS AT 31.12.2016 As At 31.12.201 For the corresponding Previous Period 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 4 Others a Health Insurance b Crop Insurance 88237 88547 169989 346773 108696 53649 210166 372511 5 Total Liabilities 88237 88547 169989 346773 108696 53649 210166 372511
FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS Gross Direct Premium Underwritten FOR THE PERIOD ENDING 31st DECEMBER, 2016 (Rs. in Lakh) STATES Crop Insurance For the period ending on 31.12.2016 All Other Miscellaneous Grand Total For the period ending on 31.12.2016 For the Upto the Year Andhra Pradesh 18887 18887 Arunachal Pradesh 0 0 Assam 9 9 Andaman & Nicobar Is. 1 1 Bihar 26100 26100 Chhattisgarh 286 286 Goa 0 0 Gujarat 52964 52964 Haryana 0 0 Himachal Pradesh 396 396 Jammu & Kashmir 0 0 Jharkhand 24322 24322 Karnataka 12633 12633 Kerala 662 662 Madhya Pradesh 135945 135945 Maharasthra 127086 127086 Manipur 303 303 Meghalaya 5 5 Mizoram 0 0 Nagaland 0 0 Orissa 549 549 Punjab 0 0 Rajasthan 47696 47696 Sikkim 2 2 Tamil Nadu 9705 9705 Tripura 2 2 TELANGANA 5695 5695 Uttar Pradesh 37737 37737 Uttrakhand 1019 1019 West Bengal 9328 9328 Chandigarh 0 0 Dadra & Nagra Haveli 0 0 Daman & Diu 0 0 Delhi 0 0 Lakshadweep 0 0 Puducherry 5 5 Total 511336 511336
NL-23-Risk RI Conc IRDA Periodic Disclosures FORM NL-23 Reinsurance Risk Concentration PERIODIC DISCLOSURES From 01.04.2016 to 31.12.2016 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 0 0.00 0.00 0.00 2 No. of Reinsurers with rating AA but less than AAA 5 28415.03 4257.17 8.69 3 No. of Reinsurers with rating A but less than AA 33 59429.91 5684.53 17.33 Nil 4 No. of Reinsurers with rating BBB but less than A 0 0.00 0.00 0.00 5 No. of Reinsurres with rating less than BBB 0 0.00 0.00 0.00 6 No. of Indian Reinsurers 5 276526.51 1458.74 73.98 Total 43 364371.45 11400.44 100.00 Page 22 of 40
FORM NL-24 Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 AGEING OF CLAIMS ENDED 31.12.2016 No. of Claims Paid 6 Months - 1 Year Total No. of Claims Paid Total Amount of Claims Paid LINE OF 1 Month 1-3 Months 3-6 Months > 1 Year BUSINESS No. of No. of Farmers No. of Farmers No. of Farmers No. of Farmers No. of Farmers (Rs in lakh) Farmers Crop Insurance 754274 9514828 835166 2391007 16857 13512132 237668
FORM NL-25 Registration No. 126 and Date of Registration With the IRDA 30.10.2003 SN CLAIMS DATA FOR THE YEAR ENDED 31.12.2016 CROP INSURANCE Claims Experience No. of Claims (No. of Farmers) 1 CLAIMS O/S AT THE BEGINNING OF THE PERIOD 12564361 2 CLAIMS REPORTED DURING THE PERIOD 8800202 3 CLAIMS SETTLED DURING THE PERIOD 13512132 4 CLAIMS REPUDIATED DURING THE PERIOD 366 5 CLAIMS CLOSED DURING THE PERIOD 592 6 CLAIMS O/S AT END OF THE PERIOD 7851473 LESS THAN 3 MONTHS 2832716 3 MONTHS TO 6 MONTHS 1882487 6 MONTHS TO 1 YEAR 1789188 1 YEAR AND ABOVE 1347082
FORM NL-26 CLAIMS INFORMATION -KG TABLE I Required Solvency Margin Based on Net Premium and Net Incurred Claims for the period ending on 31st DECEMBER, 2016 (Rs. in Lakh) PREMIUM CLAIMS 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 594249 177348 625854 178673 83195 131429 131429 9 Health Total 594249 177348 625854 178673 83195 131429 131429
Form NL - 27 Offices Information for Non - Life Registration No. 126 and Date of Registration with the IRDA : 30.10.2003 OFFICES INFORMATION FOR NON - LIFE FOR THE PERIOD ENDING 31ST DECEMBER, 2016 FOR FY 2016-17 SN Office Information Number 1 No. of offices at the beginning of the quarter 19 2 No. of branches approved during the quarter 0 3 No. of branches opened during the quarter Out of approvals of previous year 0 Out of approvals of this quarter 0 4 No. of branches closed during the quarter 0 5 No. of branches at the end of the quarter 19 6 No. of branches approved but not opened 4 7 No. of rural branches NA 8 No. of urban branches 19 The above figure includes 1 Head Office at Delhi and 17 Regional Office and 1 One Man Office at Shimla.
FORM NL-28-STATEMENT OF ASSETS - 3B Company Name & Code: Statement as on: Statement of Investment Assets (General Insurer, Re-insurers) (Business within India) Periodicity of Submission: Quarterly AGRICULTURE INSUARNCE COMPANY OF INDIA LIMITED, CODE NO.126 31ST DECEMEBR 2016 Rs. In Lakhs No PARTICULARS SCH AMOUNT 1 Investments 8 607932.13 2 Loans 9 470.13 3 Fixed Assets 10 4906.04 4 Current Assets a. Cash & Bank Balance 11 56713.02 b. Advances & Other Assets 12 426705.28 5 Current Liabilities a. Current Liabilities 13 686380.78 b. Provisions 14 91257.90 c. Misc. Exp not Written Off 15 0.00 d. Debit Balance of P&L A/c 16 0.00 Application of Funds as per Balance Sheet (A) 1874365 Less: Other Assets SCH AMOUNT 1 Loans (if any) 9 470.13 2 Fixed Assets (if any) 10 4906.04 3 Cash & Bank Balance (if any) 11 56713.02 4 Advances & Other Assets (if any) 12 426705.28 5 Current Liabilities 13 686380.78 6 Provisions 14 91257.90 7 Misc. Exp not Written Off 15 0.00 8 Debit Balance of P&L A/c 16 0.00 TOTAL (B) 1266433.15 'Investment Assets' As per FORM 3B (A-B) 607932.13 No 'Investment' represented as 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% 0 52618.47 75375.86 127994.33 21.04% 0.00 127994.33 135426.22 2 G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% 0 81541.96 116808.71 198350.67 32.61% 0.00 198350.67 211760.93 3 Investment subject to Exposure Norms 0.00 0.00 0.00 0.00 0.00 0.00 1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% 0 40644.14 58222.66 98866.80 16.25% 0.00 98866.80 101441.82 2. Approved Investments Not exceeding 55% 0 118566.00 169845.57 288411.57 47.41% -146.55 288265.02 289341.76 3. Other Investments (not exceeding 25%) Not exceeding 25% 0 9322.90 13355.04 22677.95 3.73% -228.31 22449.64 22451.20 Total Investment Assets 100.00% 0 250075.00 358231.99 608306.99 100.00% -374.86 607932.13 624995.71 *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)
NL-29-Debt Sec IRDA Periodic Disclosures FORM NL-29 Detail regarding debt securities PERIODIC DISCLOSURES Insurer: Agriculture Insurance Company of India Ltd Date: 12/31/2016 As at 31.12.2016 Detail Regarding debt securities MARKET VALUE* as % of total for this class as at 31.12.2015 of the previous year as % of total for this class As at 31.12.2016 as % of total for this class BOOK VALUE as at 31.12.2015 of the previous year (Rs in Lakhs) as % of total for this class Break down by credit rating AAA rated 314084.81 54.83% 260709.16 53.51% 297954.98 53.61% 257505.94 53.20% AA or better 43694.23 7.63% 39237.40 8.05% 42762.05 7.69% 39263.01 8.11% Rated below AA but above A Rated below A but above B 501.69 0.09% 500.12 0.09% Any other 214582.66 37.46% 187297.00 38.44% 214582.66 38.61% 187297.00 38.69% BREAKDOWN BY RESIDUALMATURITY Up to 1 year 260633.86 45.50% 215924.58 44.32% 260222.08 46.82% 215787.20 44.58% more than 1 yearand upto 3years 78516.89 13.71% 74560.59 15.30% 76313.70 13.73% 73671.04 15.22% More than 3years and up to 7years 149237.03 26.05% 129113.95 26.50% 141846.71 25.52% 128256.26 26.50% More than 7 years and up to 10 years 70805.61 12.36% 50665.34 10.40% 64613.95 11.63% 49358.17 10.20% above 10 years 13670.00 2.39% 16979.10 3.48% 12803.37 2.30% 16993.28 3.51% Breakdown by type of the issurer a. Central Government 135426.22 23.64% 109023.30 22.38% 127994.32 23.03% 107945.68 22.30% b. State Government 76334.70 13.33% 54806.80 11.25% 70356.34 12.66% 53205.01 10.99% c.corporate Securities 361102.47 63.03% 323413.46 66.38% 357449.15 64.31% 322915.26 66.71% *All securities are considered to be on the basis of 'Held to Maturity'. Note 1. In case of a debt instrument is rated by more than one agency, then the lowest rating will be taken for the purpose of classification. 2. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment regulations. 3. Corporate securities includes Investments in Coporate Bonds/Debts along with Fixed Deposit Page 28 of 40
FORM NL-30 ANALYTICAL RATIOS RegistRation No. 126 and Date of RegistRation with the IRDA: 30.10.2003 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 01.10.2016 to 31.12.2016 01.04.2016 to 31.12.2016 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 1 Gross Direct Premium Growth Rate -25.70% 89.94% -31.16% 32.25% 2 Gross Direct Premium to Net Worth Ratio (In Times)* 1.68 1.71 0.32 1.16 3 Growth Rate of Net Worth* 163.65% 28.58% 19.91% 4.25% 4 Net Retention Ratio 26.48% 26.64% 80.52% 67.57% 5 Net Commission Ratio -43.21% -31.88% -1.72% -3.87% 6 Expenses of Management to Gross Direct Premium Ratio 5.85% 2.45% 4.16% 2.93% 7 Expense of Management to Net Written Premium Ratio 21.77% 9.20% 7.95% 4.34% 8 Net Incurred Claims to Net Earned Premium 4.52% 88.93% 75.64% 102.40% 9 Combined Ratio -16.95% 66.25% 38.18% 101.98% 10 Technical Reserves to Net Premium Ratio (in Times) -5.82 2.54 0.35 2.05 11 Underwriting Balance Ratio (in Times) 1.04 0.31 0.20-0.02 12 Operating Profit Ratio 122.04% 44.15% 33.32% 9.89% 13 Liquid Assets to Liabilities Ratio (in Times) 2.58 1.02 14.75 0.73 14 Net Earnings Ratio 221.17% 40.25% 20.78% 10.49% 15 Return on Net Worth* 166.18% 18.35% 5.39% 8.20% 16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* 1.82 3.13 17 NPA Ratio 0.00 0.00 0.00 0.00 Equity Holding Pattern for Non-Life Insurers 1 (a) No. of shares 200000000.00 200000000.00 2 (b) Percentage of shareholding (Indian / Foreign) 100.00% 100.00% 3 ( c) %of Government holding (in case of public sector insurance companies) 100% held by Govt. 100% held by Govt. Corporation/Companies/Bank Corporation/Companies/Bank 4 (a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) 9.54 9.54 5 (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) 6 (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
NL-31-Rel Par IRDA Periodic Disclosures FORM NL-31 : Related Party Transactions PERIODIC DISCLOSURES From 01.04.2016 to 31.12.2016 Sl.No. Name of the Related Party (Rs in Lakhs) Related Party Transactions Nature of Relationship with the Company For the quarter up to the Quarter Correspodning quarter of the preceeding year up to the Quarter of the prceeding year 1 General Insurance Corpn of India 37698.12 41187.00 30468.02 32879.74 2 New India Assurance Company 0.00 252.79 3046.46 3260.71 3 National Insurance Company Shareholder Reinsurance 351.36 351.36 3048.35 3291.20 4 Oriental Insurance Company 0.00 0.00 0.00 0.00 5 United India Insurance Company 0.00 0.00 4791.38 4791.38 *including the premium flow through Assocaites/ Group companies as an agent Description of Transactions / Categories Consideration paid / received* Page 30 of 40
FORM NL-32 PRODUCTS INFORMATION AS ON 31.12.16 SN 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 NIL NIL NIL crop Insurance Use and file 2 NIL NIL NIL crop Insurance Micro Insurance
FORM NL-33 SOLVENCY MARGIN-KGII SN SOLVENCY FOR THE YEAR ENDING 31st DECEMBER, 2016 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 1 412122 of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 2 Liabilities (reserves as mentioned in Form HG) 2 346773 3 Other Liabilities (other liabilities in respect of 2 7901 Policyholders Fund as mentioned in Balance Sheet) 4 Excess in Policyholders Funds (1-2-3) 57448 5 Available Assets in Shareholders Funds (value of 3 604537 Assets as mentioned in Form IRDA-Assets-AA): Deduct: 6 Other Liabilities (other liabilities in respect of 2 422965 Shareholders Fund as mentioned in Balance Sheet) 7 Excess in Shareholders Funds (5-6) 181572 8 Total Available Solvency Margin [ASM] (4+7) 239020 9 Total Required Solvency Margin [RSM] 131429 10 Solvency Ratio (Total ASM/Total RSM) 1.82
FORM NL-34 For the period ending 31.12.2016 of FY 2016-17 Board of Directors and Key Person information SN Name of person Schedule Details of change in the period Board of Directors 1 Mr. R. N. Dubey Chairman-cum-Managing Director Ceased to hold office w.e.f. 6th September 2016 2 Mr. Alok Tandon Chairman-cum-Managing Director Ceased to hold office w.e.f. 7th June 2016 3 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 2016 7 Mr. Naresh Gupta Director Ceased to hold office w.e.f. 10.08.2016 Dr B G Mukhopadyay Director Joined on 10th August 2016 8 Mr. P. Venkataramiah Director Ceased to hold office w.e.f. 10th August 2016 Mr K Santhkumar Director Joined on10th August 2016 9 Mr. P. Nayak Director Ceased to hold office w.e.f. 31st May 2016 Mr. G Srinivasn Director Joined on 27th October 2016 10 Ms. K. Ramadevi Director Ceased to hold office w.e.f. 29th September 2016 Mr Sujay Banarji Director Joined on 29th September 2016 11 Mr A. Hoda Director Ceased to hold office w.e.f. 31st December 2016 Key Persons 12 Sh.Malay Kumar Poddar GM & Chief of internal Audit No Change during the reported period 13 Sh. Rajeev Chaudhary GM & Chief Risk Officer No Change during the reported period 14 Sh. Avinanda Ghosh GM& Chief Financial Officer No Change during the reported period 15 Ms. Megha Garg Appointed Actuary No Change during the reported period 16 Sh. Ajay Singhal DGM & Chief Marketing Officer No Change during the reported period 17 Sh. Rampal Singh Rawat DGM & Chief Investment Officer No Change during the reported period 18 Sh. Sukanta Roy Chowdhury Manager & Chief Compliance Officer No Change during the reported period
FORM NL-35-NON PERFORMING ASSETS-7A Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST DECEMEBR 2016 Details of Investment Portfolio Periodicity of Submission : Quarterly COI Company Name Instrument Type % Interest Rate Has there been revision? Total O/s (Book Value) Default Principal (Book Value) Default Interest (Book Value) Principal Due from Interest Due from Deferred Principal Deferred Interest Rolled Over? Has there been any Principal Waiver? Amount Board Approval Ref Classification 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/001/2003-04 B. FORM 7A shall be submitted in respect of each 'fund'. C. Classification shall be as per F&A-Circulars-169-Jan-07 Dt.24-01-07.
FORM NL-36-YIELD ON INVESTMENTS 1 Company Name & Code: Statement as on: 31ST DECEMEBR 2016 Statement of Investment and Income on Investment Periodicity of Submission: Quarterly 4 Rs. Lakhs Current Quarter Year to Date Previous Year No. A1 CENTRAL GOVERNMENT BONDS CGSB 122,220.33 128,469.92 2,436.99 1.99 1.30 124,331.57 128,112.88 7,425.62 5.97 3.91 98,464.35 99,448.70 5,878.03 5.97 3.90 A4 DEPOSIT UNDER SECTION 7 OF INSURANCE ACT, 1938 CDSS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 986.13 1,012.10 21.54 2.18 1.43 A5 TREASURY BILLS CTRB 5,334.58 5,310.57 53.53 1.00 0.66 3,728.62 3,707.67 90.22 2.42 1.58 4,258.99 4,230.54 192.66 4.52 2.96 B1 STATE GOVERNMENT BONDS SGGB 70,365.50 75,522.04 1,507.87 2.14 1.40 70,355.73 74,005.73 4,522.51 6.43 4.20 53,217.35 54,744.91 3,440.67 6.47 4.23 C5 BONDS / DEBENTURES ISSUED BY HUDCO HTHD 1,000.00 1,003.52 15.10 1.51 0.99 1,000.00 1,004.97 60.35 6.04 3.95 1,000.00 1,010.69 68.14 6.81 4.46 C7 BONDS / DEBENTURES ISSUED BY AUTHORITY CONSTITUTED UNDER ANY HOUSING / BUILDING SCHEME APPROVED BY CENTRAL / STATE / ANY HTDA 30,327.27 31,202.14 701.47 2.31 1.51 34,743.27 35,431.96 2,418.52 6.96 4.55 41,357.39 42,085.33 2,908.95 7.03 4.60 AUTHORITY OR BODY CONSTITUTED BY CENTRAL / STATE ACT C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD 4,262.00 4,226.12 80.29 1.88 1.88 4,262.00 4,120.07 239.88 5.63 5.63 4,262.00 4,022.15 240.40 5.64 5.64 D08 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPTD 20,551.13 21,209.79 440.07 2.14 1.40 20,513.16 21,102.45 1,312.50 6.40 4.18 23,896.51 24,362.58 1,523.24 6.37 4.17 D10 INFRASTRUCTURE - OTHER CORPORATE SECURITIES - DEBENTURES/ BONDS ICTD 29,455.28 30,292.54 660.50 2.24 1.47 30,109.21 30,761.39 2,076.88 6.90 4.51 21,779.09 22,281.68 1,591.48 7.31 4.78 D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD 12,002.85 12,032.40 226.66 1.89 1.89 12,002.93 11,736.00 676.65 5.64 5.64 11,000.07 10,507.48 624.67 5.68 5.68 E1 PSU - EQUITY SHARES - QUOTED EAEQ 5,297.85 5,215.08 19.36 0.37 0.37 4,924.20 4,476.89 164.37 3.34 3.34 3,914.94 3,116.17 61.14 1.56 1.56 E17 DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS (INCL. BANK BALANCE AWAITING INVESTMENT), CCIL, RBI ECDB 210,350.26 210,350.26 3,955.70 1.88 1.23 199,210.57 199,210.57 11,760.97 5.90 3.86 156,178.97 156,178.97 10,495.00 6.72 4.39 E2 CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)- QUOTED EACE 8,507.59 8,565.16 5.84 0.07 0.07 7,747.54 7,374.58 166.64 2.15 2.15 4,967.58 5,204.65 114.07 2.30 2.30 E23 COMMERCIAL PAPERS ECCP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E24 APPLICATION MONEY ECAM 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E25 E26 PERPETUAL DEBT INSTRUMENTS OF TIER I & II CAPITAL ISSUED BY PSU BANKS PERPETUAL DEBT INSTRUMENTS OF TIER I & II CAPITAL ISSUED BY NON-PSU BANKS EUPD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 500.00 499.69 3.47 0.69 0.45 EPPD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 650.92 648.98 37.82 5.81 3.80 E30 MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES EGMF 13,442.55 27,460.87 155.90 1.16 1.16 12,586.74 21,188.94 330.26 2.62 2.62 10,752.19 10,634.14 296.20 2.75 2.75 E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT 44,293.00 45,383.19 1,011.91 2.28 1.49 44,955.78 45,735.25 3,094.31 6.88 4.50 31,116.27 31,656.59 2,235.78 7.19 4.70 F12 EQUITY SHARES (PSUS & UNLISTED) OEPU 394.83 139.24 0.00 0.00 0.00 394.83 132.33 1.96 0.50 0.50 396.42 168.39 67.22 16.96 16.96 F14 MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS / LIQUID SECEMES OMGS 21,079.78 20,835.53 278.89 1.32 1.32 17,595.74 19,677.79 541.36 3.08 3.08 18,382.12 18,259.78 496.30 2.70 2.70 F01 BONDS - PSU - TAXABLE OBPT 500.22 503.97 11.08 2.21 2.21 500.42 504.34 33.05 6.60 6.60 0.00 0.00 0.00 0.00 0.00 TOTAL 599,385.01 627,722.33 11,561.15 4.04 2.72 588,962.30 608,283.80 34,917.64 4.01 2.70 487,081.30 490,073.51 30,296.82 6.22 4.07 *All securities are considered to be on the basis of 'Held to Maturity'. *Market Values on 31/12/2016 are shown for Current Quarter and Year to Date CERTIFICATION Category of Investment AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED, CODE NO.126 Category Code 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: Category of Investment (COI) shall be as per Note: Guidelines To be calculated based on Monthly or lesser 1 frequency 'Weighted Agerage' of Investments 2 Yield netted for Tax 3 FORM-1 shall be prepared in respect of each fund. 4 Yields mentioned above are Annualized Yield 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 Yield (%)¹ Net Yield (%)²
FORM NL-37-DOWN GRADING OF INVESTMENT-2 Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED,CODE NO.126 Statement as on: 31ST DECEMEBR 2016 Statement of Down Graded Investments Periodicity of Submission: Quarterly Rs. Crores 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 9.50% L&T IFCL NCB 06-06-2017 ICTD 20.00 06/06/2014 CRISIL AAA ICRA AA+ 31/10/2016 B. As on Date ² 8.75% SAIL NCB 23-04-2020 EPBT 10.00 31/03/2012 CARE AAA CARE AA+ 01/04/2016 8.95% DVC NCB 26-02-2017 OBPT 5.06 31/03/2012 CARE AA CARE A 01/04/2016 9.50% L&T IFCL NCB 06-06-2017 ICTD 20.00 06/06/2014 CRISIL AAA ICRA AA+ 31/10/2016 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/001/2003-04
FORM NL-38 Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 ANNUAL BUSINESS RETURNS ACROSS LINE OF BUSINESS AS ON 31.12.2016 (Rs in lakh) For the quarter Upto the quarter For the corresponding quarter of Upto corresponding quarter of SN Line of Business 1.10.16-31.12.2016 1.4.16-31.12.2016 1.10.15-31.12.2015 01.4.15-31.12.15 Premium No. of Policies Premium No. of Policies Premium No. of Policies Premium No. of Policies 1 Fire 2 Cargo & Hull 3 Motor TP 4 Motor OD 5 Engineering 6 Workmen's Compensation 7 Employer's Liability 8 Aviation 9 Personal Accident 10 Health 11 Others* Crop Insurance 55653.56 271520 511335.62 3342682 74908.08 333911 269208.76 852219
SN Line of Business Particular 1 Fire 2 Cargo & Hull 3 Motor TP 4 Motor OD 5 Engineering 6 Workmen's Compensation 7 Employer's Liability 8 Aviation 9 Personal Accident 10 Health 11 Others*Crop Insurance FORM NL-39 RURAL AND SOCIAL OBLIGATION AS ON 31.12.2016 No. of Policies Issued Premium Collected Sum Assured Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural 3,342,682 511,336 5,495,237 Social * any other segment contributing more than 5% needs to be shown separatly Note-Entire AIC premium is Rural and Social (Rs in lakh)
FORM NL-40 SN Business Acquisition through Different Channels For the period ending 31.12.2016 Current Year 01.04.2016-31.12.2016 Channels No. of Policies Premium (Rs in lakh) 1 Individual agents 0 0.00 2 Corporate Agents-Banks 0 0.00 3 Corporate Agents -Others 0 0.00 4 Brokers 18363 790.21 5 Micro Agents 1130 120.97 6 Direct Business 40350 146986.80 7 others 3282839 363616.70 Total (A) 3342682 511514.69 1 Referral (B) 0 0.00 Grand Total (A+B) 3342682 511336
FORM NL-41 Grievance Disposal Insurer - Date: 31.12.2016 SN Particulars 1 Complaints made by customers GRIEVANCE DISPOSAL STATEMENT AS on 31.12.2016 Complaints Resolved/setteled Opening Balance Additions during as on begining of the quarter Fully Partial the quarter Accepted Accepted Rejected Complaints Pending at the end of the quarter Total Complaints registered upto the quarter during the financial Year a) Proposal Related 0 0 0 0 0 0 2 b) Claim 29 57 6 18 41 21 187 c) Policy Related 0 0 0 0 0 0 7 d) premium 0 0 0 0 0 0 2 e) Refund 0 0 0 0 0 0 0 f) Coverage 0 0 0 0 0 0 12 g) Cover Note related 0 0 0 0 0 0 0 h) Products 0 3 0 0 3 0 13 i) others 1 29 0 0 30 0 70 Total Number 30 89 6 18 74 21 293 2 Total No. of Policies during Previous year 3 Total No. of Claims during Previous year 4 Total No. of Policies during Current year 5 Total No. of Claims during Current year 6 Total No. of Policy Complaints (current year) per 10,000/-policies (current year) 7 Total No. of Claims Complaints (Current year ) per 10,000/-claims registered (current year) NA NA NA NA NA NA 8 Duration wise Pending Status FY 2016-17 as on 31.12.2016 Complaints made by the Customer Complaints made by intermediaries a) < 15 days 1 0 1 b) 16-30days 0 0 0 c) >30 days 20 0 20 Total Number 21 0 21 Total