SN Particulars FORM NL-1-B-RA REVENUE ACCOUNT FOR THE QUARTER ENDED 31st DECEMBER, 2015 Schedule For the quarter 01.10.2015 to 31.12.2015 For the corresponding Up to the Quarter quarter of the preceding Quarter 01.04.2015 to 01.10.2014 to 31.12.2015 31.12.2014 (Rs. in '000) Up to the Quarter of the preceding Quarter 01.04.2014 to 31.12.2014 1 Premium Earned (Net) 1 4476977 14801892 3078185 12746289 2 Profit/Loss on Sale/Redemption of Investments 15 8571 0 3 Accretion of Discount on Investment 5482 26485 17991 39027 4 Interest, Dividend & Rent -Gross 585592 1706926 547595 1680734 TOTAL (A) 5068066 16543874 3643771 14466050 1 Claims Incurred (Net) 2 3386484 15157732 3673355 12078600 2 Commission 3 (103704) (704399) (59464) (584516) 3 Operating Expenses related to Insurance Business 4 293587 626572 192084 512475 4 Premium Deficiency 0 (216747) 0 5 Bank Interest 0 705 184 184 6 Expenses related to Investments : 0 a) Amortization of Premium on Investments 2761 7681 2228 7079 b) Stock Holding Charges 346 1123 113 733 c) Bank Interest & Charges 0 7 0 3 d) Cenvat Credit Input Claimed e) Other expenses related to investment 16 71 0 TOTAL (B) 3579490 14872745 3808500 12014558 Operating Profit from Crop Insurance Business C=(A-B) 1488576 1671129 (164729) 2451492 APPROPRIATIONS Transfer to Shareholders' Account 1488576 1671129 (164729) 2451492 Transfer to Catastrophe Reserve 0 0 0 0 Transfer to Other Reserves 0 0 0 0 TOTAL 1488576 1671129 (164729) 2451492
FORM NL-2-B-PL PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 31st DECEMBER, 2015 For the corresponding For the quarter Up to the Quarter quarter of the preceding SN Particulars Schedule Quarter 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 (Rs. in '000) 01.10.2014 to 31.12.2014 Up to the Quarter of the preceding Quarter 01.04.2014 to 31.12.2014 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (b) Marine Insurance (c ) Misc. Insurance-Crop Insurance 1488576 1671129 (164729) 2451492 2 INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross 423517 1234499 507660 1310430 (b) Profit on sale of investments 11 6199 0 Less: Loss on sale of investments c) Accretion of Discount on Investments 3965 19155 15525 30428 3 OTHER INCOME a) Miscellaneous Receipts 1009 3992 754 7740 b) Profit on Sale of Assets 0 (57) 149 TOTAL (A) 1917078 2934974 359153 3800239 4 PROVISIONS (Other than taxation) (a) For Diminution in the value of investments (b) For Doubtful debts (c) Others- Provision for Loyalty Discount (d) Provision for standard asset 1176 2505 (6401) 14039 5 OTHER EXPENSES (a) Expenses other than those related to 0 0 Insurance Business 0 i) Amortisation of Premium on Investments 1996 5555 2082 5519 ii) Stock Holding Charges 250 812 133 572 iii) Bank Charges 0 5 1 3 iv) Other expenses related to investment 12 52 (b) Bad debts written off 0 0 (c) Others i) Loss on sale of Fixed Assets 2 118 (53) 0 ii) Preliminary Expenses Written off iii) Prior Period Expenses 0 3 0 11 iv) Wealth Tax (41) (41) 0 v) Corporate Social Responsibility 2124 7223 26546 79640 vi) Others TOTAL (B) 5519 16232 22308 99784 Profit Before Tax (C=A-B) 1911559 2918742 336845 3700455 Provision for Taxation 658083 1010118 192003 1301110 APPROPRIATIONS (a) Interim dividends paid during the year (b) Proposed final dividend (c) Dividend distribution tax Profit After Tax (D) 1253476 1908624 144842 2399345 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 1253476 1908624 144842 2399345
FORM NL-3-B-BS BALANCE SHEET FOR THE QUARTER ENDED 31st DECEMBER, 2015 Particulars Schedule As at 31.12.2015 As at 31.12.2014 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 2000000 2000000 0 0 23274188 22325378.74-74660 -31152 34621 47965 0 0 TOTAL 25234149 24342192 APPLICATION OF FUNDS INVESTMENTS LOANS FIXED ASSETS DEFERRED TAX ASSET CURRENT ASSETS CASH AND BANK BALANCES ADVANCES AND OTHER ASSESTS NL-12-Investment Schedule NL-13-Loans Schedule NL-14-Fixed Assets Schedule NL-15-Cash and bank balance Schedule NL-16-Advances and Other Assets Schedule 53353034 45938459 39329 37708 561675 458674 1631515 917716 11483810 11948485 Sub-Total (A) 13115325 12866201 CURRENT LIABILITIES NL-17-Current 30539588 27342495 Liabilities Schedule PROVISIONS NL-18-Provisions 11295627 7616355 Schedule DEFERRED TAX LIABILITY Sub-Total (B) 41835215 34958850 NET CURRENT ASSETS (C) = (A (28719890) (22092649) - B) MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) 0 0 DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT NL-19- Miscellaneous Expenditure Schedule (Rs. in '000) 0 0 TOTAL 25234149 24342192 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, 2015 For the corresponding quarter of the preceeding quarter up to the Quarter of the prceeding quarter For the quarter Up to the quarter Particulars 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 01.10.2014 to 31.12.2014 01.04.2014 to 31.12.2014 (Rs in '000) Premium from Direct Business written(net of Service Tax) 7490808 26920876 4545165 20356737 Add: Premium on reinsurance accepted 0 0 Less : Premium on reinsurance ceded 1459287 8731483 1622736 8942345 Net Premium 6031521 18189393 2922429 11414392 Adjustment for change in reserve for unexpired risks (1554544) (3387501) 155756 1331897 Premium Earned (Net) 4476977 14801892 3078185 12746289
FORM NL-5 - CLAIMS SCHEDULE CLAIM INCURRED [NET] FOR THE QUARTER ENDED 31st DECEMBER, 2015 Particulars For the quarter Up to the quarter For the corresponding quarter of the preceeding quarter Up to the Quarter of the prceeding quarter 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 01.10.2014 to 31.12.2014 01.04.2014 to 31.12.2014 (Rs in '000) Claims Paid - Direct 3813549 23565421 9417779 19925452 Add: Reinsurance Accepted 0 0 Less:Reinsurance Ceded 973665 10179008 5419921 9773870 Net Claims paid 2839884 13386413 5212757 10151582 Add: Claims Outstanding at the end of the current year -713459 49662201 (3994046) 46952445 Add: Reinsurance Accepted 0 0 Less: Reinsurance Ceded -1260059 23280218 (3669543) 25398559 Net Claims Outstanding at the end of Current year 546600 26381983 711928 21553886 Less :Claims Outstanding at the end of beginning 0 50135763 0 42450303 Add: Reinsurance Accepted 0 0 0 Less: Reinsurance Ceded 0 25525099 0 22823435 Net Claims Outstanding at the end of the previous year 0 24610664 0 19626868 Gross Incurred Claims 3100090 23091859 5423733 24427594 Add :Re-insurance accepted to direct claims 0 0 0 Less :Re-insurance Ceded to claims paid -286394 7934127 1750378 12348994 Total Claims Incurred 3386484 15157732 3673355 12078600
FORM NL-6 COMMISSION SCHEDULE COMMISSION FOR THE QUARTER ENDED 31st DECEMBER, 2015 Particulars For the Quarter Up to the Quarter For the corresponding quarter of the preceeding quarter Up to the Quarter of the prceeding quarter 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 01.10.2014 to 31.12.2014 01.04.2014 to 31.12.2014 (Rs in '000) Direct 18398 163526 38998 198249 Add: Re-insurance Accepted 0 0 Less: Commission on Re-insurance Ceded* 122102 867925 98462 782765 Net Commission (103704) (704399) (59464) (584516) Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents 0 0 Brokers 562 859 1185 2705 Corporate Agency 0 0 Referral Micro Insurance Agents/NGO's etc 809 1392 1630 2846 Others (Bank Service Charges to Banks, as per Scheme) 14944 159025 29294 182911 Reimbursement to GIPSA Companies (Coinsurance Tie Up) 2083 2250 6889 9787 TOTAL 18398 163526 38998 198249
FORM NL-7 OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS FOR THE QUARTER ENDED 31st DECEMBER, 2015 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 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 01.10.2014 to 31.12.2014 01.04.2014 to 31.12.2014 (Rs in '000) 1 Employees' Remuneration & Welfare benefits 64623 193862 60767 176730 2 Travel, conveyance and vehicle running expenses 6165 17849 6146 20530 3 Training expenses 648 2984 488 1026 4 Rents, rates & taxes 19199 58842 15869 46629 5 Repairs 4009 9069 3057 7175 6 Printing & Stationery 1621 4002 1319 3465 7 Communication 1500 4957 1344 4094 8 Legal & Professional Charges 1611 5750 2859 7599 9 Auditor's Fees, Expenses etc (601) 345 (569) 370 (a) as auditor 0 (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 10 Advertisement and Publicity 11437 19971 4770 11653 11 Research & Development Expenses 550 550 13 12 Fee & Subscription to Statutory Authorities 5482 19361 7099 22954 13 Interest & Bank Charges 10 70 (1) 74 14 Depreciation 32515 76424 43346 84310 15 Information Technology 135948 186813 37630 100659 16 Other 8869 25722 7959 25194 Total 293586 626571 192083 512475
SN Particulars FORM NL-8 - SHARE CAPITAL SCHEDULE SHARE CAPITAL FOR THE QUARTER ENDED 31st DECEMBER, 2015 As at 31.12.2015 for the current Quarter As at 31.12.2014 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, 2015 [As certified by the Management] As at 31.12.2015 for the current quarter Number of Shares ('000) % of Holding As at 31.12.2014 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, 2015 SN Particulars As at 31.12.2015for the current quarter As at 31.12.2014 for the corresponding previous quarter (Rs in '000) 1 Capital Reserve 0 0 2 Capital Redemption Reserve 0 0 3 Share Premium 0 0 4 General Reserve Opening Balance 21365564 19927613 Less:Charge on account of transitional provisions under Accounting Standard 15 0 Add: Profit transferred during the year 0 21365564 1579 19926034 5 Catastrophe Reserve 0 0 6 Other Reserves 0 0 Balance of Profit in Profit & Loss Account 1908624 2399345 TOTAL 23274188 22325379
SN FORM NL-11 - BORROWINGS SCHEDULE BORROWINGS FOR THE QUARTER ENDED 31st DECEMBER, 2015 Particulars As at 31.12.2015 for the current quarter As at 31.12.2014 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, 2015 SN Particulars As at 31.12.2015 for the current quarter As at 31.12.2014 for the corresponding previous quarter (Rs. 000) LONG TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 10195547 8617267 2 Other Approved Securities 5320501 5323789 3 Other Investments ( a) Shares (aa) Equity 1056224 417127 (bb) Preference ( b) Mutual Funds (c) Derivative Instruments (d) Debentures/ Bonds 6499442 5799823 (e) Other Securities-Tier II Bonds (f) Subsidiaries (g) Investment Properties-Real Estate 4 Investments in Infrastructure and Social Sector 4812384 4993717 5 Other than Approved Investments 11851 24520 Sub-total (A) 27895949 25176243 SHORT TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 599020 1299488 2 Other Approved Securities 0 135640 3 Other Investments (a) Shares (aa) Equity (bb) Preference (b) Mutual Funds 1189188 13255 (c) Derivative Instruments (d) Debentures/ Bonds 1500000 1870221 (e) Other Securities (Commercial Papers) 18729700 16713500 (f) Subsidiaries (g) Investment Properties-Real Estate 4 Investments in Infrastructure and Social Sector 750000 730112 5 Other than Approved Investments 2689178 Sub-total (B) 25457085 20762216 TOTAL 53353034 45938459
FORM NL-13 LOANS SCHEDULE LOANS FOR THE QUARTER ENDED 31st DECEMBER, 2015 SN Particulars As at 31.12.2015 for the current quarter As at 31.12.2014 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 (b) On Shares, Bonds, Govt. Securities (c) Others -Loan to staff 39329 37708 Unsecured TOTAL 39329 37708 2 BORROWER-WISE CLASSIFICATION (a) Central and State Governments 0 0 (b) Banks and Financial Institutions 0 0 (c) Subsidiaries (d) Industrial Undertakings (e) Others (Loans to Staff) 39329 37708 TOTAL 39329 37708 3 PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India 39329 37708 (bb) Outside India (b) Non-performing loans less provisions (aa) In India (bb) Outside India 0 0 TOTAL 39329 37708 4 MATURITY-WISE CLASSIFICATION (a) Short Term (b) Long Term 39329 37708 TOTAL 39329 37708
Particulars As at 01.04.2015 Addition : during the year Less:Discar ded/sale during the year As at 31.12.2015 As at 01.04.2015 For the current year Depreciation On sale /adjustment Transferred to Retained Earning Upto date 31.12.2015 As at 31.12.2015 As at 31.12.2014 Goodwill Intangibles (Computer Software) 261980 204040 112 465907 204535 59040 23 0 263552 202355 72968 Land-Freehold Leasehold Property Buildings 364384 0 364384 49978 11486 0 0 61465 302919 318410 Furniture & Fittings 13970 3516 112 17374 9118 1355 91 0 10382 6993 4867 Information Technology Equipment 162494 3128 117 165505 123738 12498 121 0 136115 29390 47466 Vehicles 20272 10004 2667 27609 11686 3059 681 0 14065 13544 9438 Office Equipment 7936 1112-111 9159 6989 748 429 0 7308 1851 1568 Electrical Equipment & Fittings 8769 2332 853 10248 4392 1018-215 0 5625 4623 3957 TOTAL (A) 839805 224132 3750 1060187 410436 89205 1129 0 498512 561676 458674 Capital Work in progress Capital Work in progress - Hardware Capital Work in progress - Software FORM NL-14 - FIXED ASSETS SCHEDULE FIXED ASSETS FOR THE PERIOD ENDING 31st DECEMBER, 2015 Cost/Gross Block Net Block TOTAL (B) 0 0 0 0 0 0 0 0 0 0 Grand Total (A)+(B) 839805 224132 3750 1060187 410436 89205 1129 0 498512 561676 458674 (Rs. 000) PREVIOUS YEAR(31.03.2014) 846780 10559 17534 839805 300241 123335 14954 0 410436 429369 -
SN CASH AND BANK BALANCES FOR THE QUARTER ENDED 31st DECEMBER, 2015 For the FOR THE UP TO THE corresponding Particulars QUARTER QUARTER quarter of the preceeding quarter 01.10.2015 to 01.04.2015 to 01.10.2014 to 31.12.2015 31.12.2015 31.12.2014 (Rs. 000) up to the Quarter of the prceeding quarter 01.04.2014 to 31.12.2014 1 Cash (including cheques, drafts and stamps) 2 59 19 79 2 Bank Balances (a) Deposit Accounts (aa) Short-term (due within 12 months) FORM NL-15 - CASH AND BANK BALANCES SCHEDULE (bb) Others - Flexi Deposit (249786) 1436264 (2094639) 576355 (b) (i) Current Accounts (661679) 195192 91382 340925 (ii) Others 0 (78) 357 (c) Others : ( Remittances in Transit) 3 Money at Call and Short Notice (a) With Banks (b) With other Institutions 4 Others TOTAL -911463 1631515-2003316 917716
FORM NL-16 - ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS FOR THE PERIOD ENDING 31st DECEMBER, 2015 SN Particulars As at 31.12.2015 for the current quarter As at 31.12.2014 for the corresponding previous quarter (Rs. 000) ADVANCES 1 Reserve deposits with ceding companies 2 Application money for investments 3 Prepayments 59076 36852 4 Advances to Directors/Officers 1526 2238 5 Advance tax paid and taxes deducted at source 977058 579767 (Net of provision for taxation) 6 Others: (a) Advance Rent paid 8765 135 (b) Sundry Advances 19425 33711 TOTAL (A) 1065850 652703 OTHER ASSETS 1(a) Income accrued on investments Accrued but not due 1745994 1690010 Accrued and due 1(b) Income accrued on Flexi deposit 2 Outstanding Premiums 3 Agents Balances 4 Due from other entities carrying on insurance business(including reinsurers) 2084556 1893698 5 Due from subsidiaries/ holding 6 Others: a) Sundry Deposits 45568 38356 b) Advance against Capital Assets 676787 477198 c) Short Collection of Premium 27797 48222 d) Premium Receivable 0 0 e) Others (Adhoc payment to Govt. of India) 2000000 2000000 f) Government (Centre/States/Uts/Coffee Board) 3815842 5126729 g) Sundry Debtors 0 0 h) Service Tax Unutilized Credit 21416 21569 TOTAL (B) 10417960 11295782 GRAND TOTAL (A+B) 11483810 11948485
FORM NL-17 - CURRENT LIABILITIES SCHEDULE SN CURRENT LIABILITIES FOR THE PERIOD ENDING 31st DECEMBER, 2015 Particulars As at 31.12.2015 for the current quarter (Rs. 000) As at 31.12.2014 for the corresponding previous quarter 1 Agents Balances 0 0 2 Balance Due to other Insurance Companies 203629 469354 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) 497614 526874 (b) Sundry Creditors(business) 15126 0 7 Due to Subsidiary/Holding Company 0 0 8 Claims Outstanding 20864043 19940180 9 Due to Officers/Directors 0 0 10 OTHERS: a) Excess Collection of Premium 1077904 133914 b) Expenses Payable 136853 68277 c) Earnest Money Deposit 1419 795 d) Government (Centre/States/UTs/Coffee Board) 1775506 3728343 e) Advance from Financial Institution 0 734000 11 Unclaimed Amount of policyholders 5967493 1740758 TOTAL 30539588 27342495
FORM NL-18 - PROVISIONS SCHEDULE PROVISIONS FOR THE QUARTER ENDED 31st DECEMBER, 2015 SN Particulars As at 31.12.2015 for the current quarter As at 31.12.2014 for the corresponding previous quarter (Rs. 000) 1. Reserve for Unexpired Risk 10869570 7169794 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 182828 151455 b) Provision for Doubtful Debts 47 47 c) Provision for premium defalcation 17833 18733 d) Provision on Standard Assets 118707 115080 e) Provision for Outstanding Expenses 92268 65251 f) Provision for Purchase 14366 16283 g) Reserve for Loyalty Discount 8 72 h) Provision for Corporate Social Responsibility 0 79640 6) Reserve for Premium Deficiency 0 0 TOTAL 11295627 7616355
FORM NL-19 - MISCELLANEOUS EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE FOR THE PERIOD ENDING 31st DECEMBER, 2015 (To the extent not written off or adjusted) SN Particulars As at 31.12.2015 for the current quarter As at 31.12.2014 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 FOR THE QUATER (01.04.2015-31.12.2015) (Rs. in Lakh) FOR THE QUARTER OF CORRESPONDING PRECEDING QUATER(01.04.2014-31.12.2014) 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 108696 53649 210166 372511 71698 43013 172526 287237 5 Total Liabilities 108696 53649 210166 372511 71698 43013 172526 287237
FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS Gross Direct Premium Underwritten FOR THE PERIOD ENDING 31st DECEMBER, 2015 (Rs. in Lakh) STATES Crop Insurance For the period ending on 31.12.2015 All Other Miscellaneous Grand Total For the period ending on 31.12.2015 For the Upto the Year Andhra Pradesh 61501 61501 Arunachal Pradesh 0 0 Assam 387 387 Andaman & Nicobar Is. 17 17 Bihar 17725 17725 Chhattisgarh 7413 7413 Goa 1 1 Gujarat 20489 20489 Haryana 1 1 Himachal Pradesh 383 383 Jammu & Kashmir 0 0 Jharkhand 2425 2425 Karnataka 7664 7664 Kerala 719 719 Madhya Pradesh 42735 42735 Maharasthra 52906 52906 Manipur 110 110 Meghalaya 12 12 Mizoram 0 0 Nagaland 0 0 Orissa 18665 18665 Punjab 0 0 Rajasthan 2417 2417 Sikkim 1 1 Tamil Nadu 5439 5439 Tripura 5 5 TELANGANA 15864 Uttar Pradesh 2428 2428 Uttrakhand 979 979 West Bengal 8915 8915 Chandigarh 0 0 Dadra & Nagra Haveli 0 0 Daman & Diu 0 0 Delhi 0 0 Lakshadweep 0 0 Puducherry 9 9 Total 269209 269209
FORM NL-23 Reinsurance Risk Concentration PERIODIC DISCLOSURES From 01.04.2015 to 31.12.2015 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 4 10343.22 1023.64 13.02 3 No. of Reinsurers with rating A but less than AA 26 23486.39 1712.09 28.86 Nil 4 No. of Reinsurers with rating BBB but less than A 1 1.87 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 50747.61 0.00 58.12 Total 36 84579.10 2735.73 100.00
FORM NL-24 Registration No. 126 and Date of Registration with the IRDA:31.3.2015 AGEING OF CLAIMS ENDED 31st DEC 2015 No. of Claims Paid Total No. of Total Amount of 6 Months - 1 1 Month 1-3 Months 3-6 Months > 1 Year Claims Paid Claims Paid LINE OF BUSINESS Year No. of Farmers No. of Farmers No. of Farmers No. of Farmers No. of Farmers No. of Farmers (Rs in lakh) Crop Insurance 334079 4214256 1241985 1662723 959255 8412298 235416.36
FORM NL-25 Registration No. 126 and Date of Registration With the IRDA:31.3.2015 SN CLAIMS DATA FOR THE YEAR ENDED 31st DEC 2015 CROP INSURANCE Claims Experience No. of Claims (No. of Farmers) 1 CLAIMS O/S AT THE BEGINNING OF THE PERIOD 8152146 2 CLAIMS REPORTED DURING THE PERIOD 5741405 3 CLAIMS SETTLED DURING THE PERIOD 8412298 4 CLAIMS REPUDIATED DURING THE PERIOD 4722 5 CLAIMS CLOSED DURING THE PERIOD 215491 6 CLAIMS O/S AT END OF THE PERIOD 5261040 LESS THAN 3 MONTHS 2707054 3 MONTHS TO 6 MONTHS 1097185 6 MONTHS TO 1 YEAR 12689 1 YEAR AND ABOVE 1444112
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, 2015 PREMIUM 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 269208.76 181893.93 338269.05 163425.54 37689.23 71036.50 71036.50 9 Health Total 269208.76 181893.93 338269.05 163425.54 37689.23 71036.50 71036.50
FORM NL-27 OFFICES INFORMATION FOR NON-LIFE OFFICES INFORMATION FOR NON-LIFE FOR THE PERIOD ENDING 31ST DEC, 2015 S. no. Office Information Number 1 No. of offices at the beginning of the 3rd Qtr 2015 20 2 No. of branches approved during the 3rd Qtr 2015 0 3 Out of approvals of previous year 0 No. of branches opened during the 3rd Qtr 2015 4 Out of approvals of this year 0 5 No. of branches closed during the 3rd Qtr 2015 0 6 No of branches at the end of the 3rd Qtr 2015 20 7 No. of branches approved but not opened NA 8 No. of rural branches NA 9 No. of urban branches 20
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 DECEMBER 2015 Rs. In Lakhs No PARTICULARS SCH AMOUNT 1 Investments 8 533530.34 2 Loans 9 393.29 3 Fixed Assets 10 5616.75 4 Current Assets 0.00 a. Cash & Bank Balance 11 16315.15 b. Advances & Other Assets 12 114838.10 5 Current Liabilities a. Current Liabilities 13 305395.88 b. Provisions 14 112956.27 c. Misc. Exp not Written Off 15 0.00 d. Debit Balance of P&L A/c Application of Funds as per Balance Sheet (A) 1089045.78 Less: Other Assets SCH AMOUNT 1 Loans (if any) 9 393.29 2 Fixed Assets (if any) 10 5616.75 3 Cash & Bank Balance (if any) 11 16315.15 4 Advances & Other Assets (if any) 12 114838.10 5 Current Liabilities 13 305395.88 6 Provisions 14 112956.27 7 Misc. Exp not Written Off 15 0.00 8 Debit Balance of P&L A/c TOTAL (B) 555515.44 'Investment Assets' As per FORM 3B (A-B) 533530.34 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 45305 62641 107946 20.20% 0 107946 109023 2 G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% 0 67635 93516 161151 30.16% 0 161151 163830 3 Investment subject to Exposure Norms 0 0 0 0 0 0 1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% 0 41390 57229 98619 18.46% 0 98619 98835 2. Approved Investments Not exceeding 55% 0 103832 143564 247397 46.30% -646.56 246750 247033 3. Other Investments (not exceeding 25%) Not exceeding 25% 0 11378 15732 27110 5.07% -100.04 27010 27010 Total Investment Assets 100.00% 0 224236.03 310040.91 534276.94 100.00% -746.60 533530.34 536707.95 *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)
FORM NL-29 Detail regarding debt securities PERIODIC DISCLOSURES Insurer: Agriculture Insurance Company of India Ltd Date: 12/31/2015 as % of total for this As at 31.12.2015 class Detail Regarding debt securities MARKET VALUE* as at 31.12.2014 of the previous year as % of total for this class As at 31.12.2015 as % of total for this class BOOK VALUE as at 31.12.2014 of the previous year (Rs in Lakhs) as % of total for this class Break down by credit rating AAA rated 260709.16 53.51% 267776.23 58.50% 257505.94 53.20% 264936.84 58.25% AA or better 39237.40 8.05% 22850.36 4.99% 39263.01 8.11% 22763.73 5.00% Rated below AA but above A Rated below A but above B Any other 187297.00 38.44% 167135.00 36.51% 187297.00 38.69% 167135.00 36.75% BREAKDOWN BY RESIDUALMATURITY Up to 1 year 215924.58 44.32% 207464.72 45.32% 215787.20 44.58% 207489.61 45.62% more than 1 yearand upto 3years 74560.59 15.30% 61552.61 18.47% 73671.04 15.22% 60474.93 18.27% More than 3years and up to 7years 129113.95 26.50% 120598.17 24.63% 128256.26 26.50% 120285.72 24.76% More than 7 years and up to 10 years 50665.34 10.40% 45030.21 8.96% 49358.17 10.20% 44013.93 8.73% above 10 years 16979.10 3.48% 23115.88 2.61% 16993.28 3.51% 22571.38 2.63% Breakdown by type of the issurer a. Central Government 109023.30 22.38% 99620.13 21.76% 107945.68 22.30% 99167.55 21.80% b. State Government 54806.80 11.25% 55893.20 12.21% 53205.01 10.99% 54594.28 12.00% c. Corporate Securities 323413.46 66.38% 302248.26 66.03% 322915.26 66.71% 301073.74 66.19% *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.
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 01.10.2015 to 31.12.2015 01.04.2015 to 31.12.2015 01.10.2014 to 31.12.2014 01.04.2014 to 31.12.2014 1 Gross Direct Premium Growth Rate -31.16% 32.25% -39.32% -21.70% 2 Gross Direct Premium to Net Worth Ratio (In Times)* 0.32 1.16 0.20 0.91 3 Growth Rate of Net Worth* 19.91% 4.25% -4.08% 15.02% 4 Net Retention Ratio 80.52% 67.57% 64.30% 56.07% 5 Net Commission Ratio -1.72% -3.87% -2.03% -5.12% 6 Expenses of Management to Gross Direct Premium Ratio 4.16% 2.93% 5.08% 3.49% 7 Expense of Management to Net Written Premium Ratio 7.95% 4.34% 7.91% 6.23% 8 Net Incurred Claims to Net Earned Premium 75.64% 102.40% 119.34% 94.76% 9 Combined Ratio 38.18% 101.98% 123.87% 94.13% 10 Technical Reserves to Net Premium Ratio (in Times) 0.35 2.05-0.24 2.52 11 Underwriting Balance Ratio (in Times) 0.20-0.02-0.24 0.06 12 Operating Profit Ratio 33.32% 9.89% -5.27% 19.30% 13 Liquid Assets to Liabilities Ratio (in Times) 14.75 0.73 13.82 0.75 14 Net Earnings Ratio 20.78% 10.49% 4.96% 21.02% 15 Return on Net Worth* 5.39% 8.20% 0.65% 10.75% 16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* 3.13 3.30 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 2 (b) Percentage of shareholding (Indian / Foreign) 100.00% 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) 9.54 12.00 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 *does not include Rs. 200 crore adhoc payment to Government of India
FORM NL-31 : Related Party Transactions PERIODIC DISCLOSURES From 01.04.2015 to 31.12.2015 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 30468.02 32879.74 33947.12 39448.34 2 New India Assurance Company 3046.46 3260.71 5094.54 5434.37 3 National Insurance Company Shareholder Reinsurance 3048.35 3291.20 3482.03 4432.57 4 Oriental Insurance Company 0.00 0.00 0.00 974.05 5 United India Insurance Company 4791.38 4791.38 3979.87 4962.52 *including the premium flow through Assocaites/ Group companies as an agent Description of Transactions / Categories Consideration paid / received*
FORM NL-32 PRODUCTS INFORMATION AS ON 31st DEC 2015 SN Name of Product Co. Ref. No. IRDA Ref.no. Class of Category Business* of Date of filing of Date IRDA NIL
FORM NL-33 SOLVENCY MARGIN-KGII SN SOLVENCY FOR THE YEAR ENDING 31st DECEMBER, 2015 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 365030.10 of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 2 Liabilities (reserves as mentioned in Form HG) 2 372510.78 3 Other Liabilities (other liabilities in respect of 2 15279.40 Policyholders Fund as mentioned in Balance Sheet) 4 Excess in Policyholders Funds (1-2-3) (22760.08) 5 Available Assets in Shareholders Funds (value of 3 273568.68 Assets as mentioned in Form IRDA-Assets-AA): Deduct: 6 Other Liabilities (other liabilities in respect of 2 28525.67 Shareholders Fund as mentioned in Balance Sheet) 7 Excess in Shareholders Funds (5-6) 245043.01 8 Total Available Solvency Margin [ASM] (4+7) 222282.92 9 Total Required Solvency Margin [RSM] 71036.50 10 Solvency Ratio (Total ASM/Total RSM) 3.13
SN Name of person Schedule Details of change in the period Board of Directors 1 Mr. P. J. Joseph Chairman-cum-Managing Director No Change during the reported period 2 Mr. Raj Singh Director Ceased to hold office w.e.f. 30th April, 2015 3 Mr. Anup Wadhawan Director ceased to hold office w.e.f. 28th October, 2015 4 Mr. K. N. Bhandari Director No Change during the reported period 5 Prof. Gopal Naik Director No Change during the reported period 6 Mr. P. Dutta Director No Change during the reported period 7 Mr. Kuldip Singh Director Cease to hold office wef 30th September, 2015 8 Mr. P. Venkataramiah Director No Change during the reported period 9 Mr. P.Nayak Director No Change during the reported period 10 Ms. Asha Nair Director Ceased to hold office w.e.f. 30th September, 2015 11 Mr. Naresh Gupta Director Joined on 30th June, 2015 12 Mr. H.R. Dave Director Ceased to hold office w.e.f. 30th June, 2015 13 Ms. K. Ramadevi Director Joined on 28th October, 2015 14 Mr A. Hoda Director Joined on 28th October, 2015 15 Mr. Manish Gupta Director Joined on 28th October, 2015 Key Persons FORM NL-34 For the period ending 31.12.2015 of FY 2015-16 Board of Directors and Key Person information 13 Ms. Yogita Arora Appointed Actuary Ceased to hold office w.e.f. 12th September, 2015 13 Ms. Megha Garg Appointed Actuary Joined on 8th December 2015
FORM NL-35-NON PERFORMING ASSETS-7A Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST DECEMBER 2015 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: Statement of Investment and Income on Investment Periodicity of Submission: Quarterly AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED, CODE NO.126 31ST DECEMBER 2015 Current Quarter Year to Date Previous Year Rs. Lakhs No. Investment (Rs.) Income on Gross Net Investment (Rs.) Income on Gross Net Yield Investment (Rs.) Investment Yield Yield Investment Yield (%)² (Rs.) (%)¹ (%)² (Rs.) (%)¹ Book Value Market Value* Book Value Market Value Book Value Market Value A1 CENTRAL GOVERNMENT BONDS CGSB 106644.15 108357.92 2126.37 1.99 1.30 98464.35 99448.70 5878.03 5.97 3.90 96564.91 92189.95 5740.37 7.89 5.21 A4 DEPOSIT UNDER SECTION 7 OF INSURANCE ACT, 1938 CDSS 0.00 0.00 0.00 0.00 0.00 986.13 1012.10 21.54 2.18 1.43 982.60 982.30 65.36 8.83 5.83 A5 TREASURY BILLS CTRB 997.25 994.29 5.71 0.57 0.37 4258.99 4230.54 192.66 4.52 2.96 13294.16 13088.41 411.59 8.43 5.56 B1 STATE GOVERNMENT BONDS SGGB 53209.11 55116.90 1146.86 2.16 1.41 53217.35 54744.91 3440.67 6.47 4.23 49620.50 48080.69 3174.32 8.49 5.60 C5 BONDS / DEBENTURES ISSUED BY HUDCO HTHD 1000.00 1013.36 22.77 2.28 1.49 1000.00 1010.69 68.14 6.81 4.46 1000.00 1216.71 68.18 9.05 5.97 C7 BONDS / DEBENTURES ISSUED BY AUTHORITY CONSTITUTED UNDER ANY HOUSING / BUILDING SCHEME APPROVED BY CENTRAL / STATE / ANY AUTHORITY OR BODY CONSTITUTED BY CENTRAL / STATE ACT HTDA 38451.21 39204.28 901.78 2.35 1.53 41357.39 42085.33 2908.95 7.03 4.60 38829.93 47089.15 2741.03 9.37 6.19 C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD 4262.00 4045.49 80.38 1.89 1.89 4262.00 4022.15 240.40 5.64 5.64 4262.00 6584.14 240.47 7.49 7.49 D08 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPTD 23378.54 23998.87 497.60 2.13 1.39 23896.51 24362.58 1523.24 6.37 4.17 25828.32 31527.97 1611.47 8.28 5.47 D10 INFRASTRUCTURE - OTHER CORPORATE SECURITIES - DEBENTURES/ BONDS ICTD 21683.16 22168.27 524.33 2.42 1.58 21779.09 22281.68 1591.48 7.31 4.78 19440.95 23398.65 1432.91 9.78 6.46 D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD 11000.07 10586.96 208.69 1.90 1.90 11000.07 10507.48 624.67 5.68 5.68 11000.08 16975.67 625.11 7.54 7.54 E1 PSU - EQUITY SHARES - QUOTED EAEQ 3912.29 2962.15 10.86 0.28 0.28 3914.94 3116.17 61.14 1.56 1.56 3091.08 2482.77 34.46 1.48 1.48 E17 E2 E25 E26 DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS (INCL. BANK BALANCE AWAITING INVESTMENT), CCIL, RBI CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)- QUOTED 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 ECDB 178261.36 178261.36 3785.76 2.12 1.39 156178.97 156178.97 10495.00 6.72 4.39 165851.34 165851.34 11685.99 9.35 6.17 EACE 5820.83 5773.63 3.55 0.06 0.06 4967.58 5204.65 114.07 2.30 2.30 443.91 649.50 10.07 3.01 3.01 EUPD 0.00 0.00 0.00 0.00 0.00 500.00 499.69 3.47 0.69 0.45 500.00 537.21 28.07 7.45 4.92 EPPD 551.11 550.29 10.50 1.91 1.25 650.92 648.98 37.82 5.81 3.80 700.00 780.21 41.06 7.79 5.14 E30 MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES EGMF 12938.57 12941.93 57.25 0.44 0.44 10752.19 10634.14 296.20 2.75 2.75 10030.25 12906.11 543.25 7.21 7.21 E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT 33205.35 33793.84 786.20 2.37 1.55 31116.27 31656.59 2235.78 7.19 4.70 25667.72 31947.57 1885.70 9.75 6.44 F12 EQUITY SHARES (PSUS & UNLISTED) OEPU 394.83 122.78 1.71 0.43 0.43 396.42 168.39 67.22 16.96 16.96 400.44 253.74 4.32 1.43 1.43 F14 MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS / LIQUID SECEMES OMGS 21732.20 21814.11 107.32 0.49 0.49 18382.12 18259.78 496.30 2.70 2.70 15755.48 15639.72 581.69 6.02 6.02 TOTAL 517442.02 521706.44 10277.65 1.99 1.30 487081.30 490073.51 30296.82 6.22 4.07 483263.68 512181.80 30925.42 8.67 5.72 *All securities are considered to be on the basis of 'Held to Maturity'. *Market Values on 31ST DECEMBER 2015 are shown for Current Quarter and Year to Date CERTIFICATION Category of Investment 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 frequency 1 'Weighted Agerage' of Investments 2 Yield netted for Tax 3 FORM-1 shall be prepared in respect of each fund. Category Code 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 DECEMBER 2015 Statement of Down Graded Investments Periodicity of Submission: Quarterly 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 NIL B. As on Date ² 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: 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:31.3.2015 ANNUAL BUSINESS RETURNS ACROSS LINE OF BUSINESS AS ON 31st DEC 2015 (Rs in lakh) For the quarter Upto the quarter For the corresponding quarter of Upto corresponding quarter of SN Line of Business 1.10.15-31.12.2015 01.4.15-31.12.15 1.10.14-31.12.14 01.4.14-31.12.14 Premium No. of Policies Premium No. of Policies Premium No. of Policies Premium No. of Policies 1 Fire 0 0 0 0 0 0 0 0 2 Cargo & Hull 0 0 0 0 0 0 0 0 3 Motor TP 0 0 0 0 0 0 0 0 4 Motor OD 0 0 0 0 0 0 0 0 5 Engineering 0 0 0 0 0 0 0 0 6 Workmen's Compensation 0 0 0 0 0 0 0 0 7 Employer's Liability 0 0 0 0 0 0 0 0 8 Aviation 0 0 0 0 0 0 0 0 9 Personal Accident 0 0 0 0 0 0 0 0 10 Health 0 0 0 0 0 0 0 0 11 Others* Crop Insurance 74908 1266557 269209 1784865 45452 161416 203567 581231
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 Registration No. 126 and Date of Registration with the IRDA:31.3.2015 RURAL AND SOCIAL OBLIGATION AS ON 31st DEC 2015 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 1,784,865 269,209 6,805,785 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 Business Acquisition through Different Channels For the period ending 31st Dec 2015 Current Year SN Channels 01.04.2015-31.12.2015 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 1380 71.38 5 Micro Agents 1602 48.27 6 Direct Business 58988 2174.57 7 others 1722895 266914.53 Total (A) 1784865 269208.76 1 Referral (B) 0 0.00 Grand Total (A+B) 1784865 269208.76
FORM NL-41 Grievance Disposal Insurer - Date: 05.01.2016 GRIEVANCE DISPOSAL STATEMENT AS on 31.12.2015 SN Particulars Opening Balance as on begining of the quarter Additions during the quarter Complaints Resolved/setteled 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) Death claims NIL NIL NIL NIL NIL NIL NIL b) Claim 2 57 4 19 34 5 152 c) Policy Related NIL NIL NIL NIL NIL NIL NIL d) premium NIL 5 NIL NIL 5 NIL 5 e) Refund NIL NIL NIL NIL NIL NIL NIL f) Coverage NIL NIL NIL NIL NIL NIL 3 g) Cover Note related NIL NIL NIL NIL NIL NIL NIL h) Products NIL 2 1 NIL 1 1 3 i) others NIL 17 NIL 1 16 NIL 19 Total Number 2 81 5 20 56 6 182 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 Complaints made by the Customer Complaints made by intermediaries Total a) up to 7 days 1 NIL 1 b) 7-15 days NIL NIL NIL c) 15-30days 3 NIL 3 d) 30-90 days 2 NIL 2 e) 90 days & beyond NIL NIL NIL Total Number 6 NIL 6