FORM NL-1-B-RA SN Particulars REVENUE ACCOUNT FOR THE PERIOD ENDING 31ST MARCH, 2015 Schedule For the quarter Up to the Quarter For the Up to the corresponding Quarter of the quarter of the preceding year preceding year 01.01.2015 to 31.03.2015 01.04.2014 to 31.03.2015 01.01.2014 to 31.03.2014 01.04.2013 to 31.03.2014 (Rs. 000) 1 Premium Earned (Net) NL-4-Premium Schedule 3237470 15983759 3338056 16478621 2 Profit/Loss on Sale/Redemption of Investments 0 0 0 2748 3 Accretion of Discount on Investment 7397 46424 26649 26649 4 Interest, Dividend & Rent -Gross 560014 2240748 472223 1903744 TOTAL (A) 3804881 18270931 3836928 18411762 1 Claims Incurred (Net) NL-5-Claims Schedule 5258469 17337069 3511217 17244505 2 Commission NL-6- Commission Schedule (97153) (681669) (432035) (1721822) 3 Operating Expenses related to Insurance Business NL-7-Operating Expenses Schedule 181110 693585 204693 632081 4 Premium Deficiency 216747 216747 0 0 5 Bank Interest 3120 3304 83684 83684 6 Expenses related to Investments : a) Amortization of Premium on Investments 2325 9404 2289 9323 b) Bank Charges 3 6 4 7 c) Stock Holding Charges 587 1320 275 1098 d) Other Expenses 32 32 1 32 TOTAL (B) 5565240 17579798 3370127 16248908 Operating Profit from Crop Insurance Business C=(A-B) (1760360) 691133 466801 2162854 APPROPRIATIONS Transfer to Shareholders' Account (1760360) 691133 466801 2162854 Transfer to Catastrophe Reserve 0 0 0 0 Transfer to Other Reserves 0 0 0 0 TOTAL (1760360) 691133 466801 2162854
For the quarter 01.01.2015 to 31.03.2015 Up to the Quarter 01.04.2014 to 31.03.2015 For the correspond ing quarter of the preceding year 01.01.2014 to 31.03.2014 Up to the Quarter of the preceding year 01.04.2013 to 31.03.2014 (Rs. 000) 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (b) Marine Insurance (c) Misc. Insurance-Crop Insurance -1760359 691133 466800 2162854 2 INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross 436631 1747061 366671 1478219 (b) Profit on sale/redemption of investments 0 0 2134 (c) Accretion of Discount on Investment 5768 36196 20693 20693 3 OTHER INCOME (a) Miscellaneous Receipts 6845 14585 2608 12376 (b) Profit on Sale of Assets -130 19 0 0 (c) Provision of Premium Defalcation written back 901 901 0 0 TOTAL (A) -1310344 2489895 856772 3676276 4 PROVISIONS (Other than taxation) (a) For diminution in the value of investments 0 0 0 0 (b) Provision for standard asset 1122 15161-1735 5552 5 OTHER EXPENSES (a) Expenses other than those related to Insurance Business i) Amortisation of Premium on Investments 1813 7332 1777 7239 ii) Stock Holding Charges 457 1029 213 852 iii) Bank Interest & Charges 2 5 2 5 vi) Other investment related expenses 25 25 1 25 (b) Bad debts written off 0 0 0 (c) Others 0 i) Loss on Sale of Assets 0 0 93 230 ii) Prior Period Expenses 0 11-309 195 iii) Wealth Tax 4455 4455 4329 4329 iv) Corporate Social Responsibility -39640 40000 0 0 v) Others 1000 1000 0 0 TOTAL (B) -30766 69018 4371 18427 Profit Before Tax C= (A-B) -1279578 2420877 852401 3657849 Provision for Taxation b) Income Tax (Current Year) (547368) 737487 285739 1177425 c) Income Tax (pertaining to earlier years) 0 0 7357 7357 d) Deferred Tax (13345) 2910 (19297) (13413) TOTAL (560713) 740397 273800 1171369 APPROPRIATIONS a) Proposed final dividend b) Dividend distribution tax c) Transfer to any Reserves or Other Accounts Balance of profit/ loss brought forward from last year Balance carried forward to Balance Sheet FORM NL-2-B-PL PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Schedule Profit After Tax (D) (718865) 1680480 578602 2486480 200000 200000 0 0 40715 40715 0 0 1439765 1439765 2486480 2486480-2399345 0 1907878 0-718865 1680480 578602 2486480
SOURCES OF FUNDS SHARE CAPITAL SHARE APPLICATION MONEY PENDING ALLOTMENT RESERVES AND SURPLUS NL-8-Share Capital Schedule x NL-10-Reserves and Surplus Schedule Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 2000000 2000000 21365564 19927613 FAIR VALUE CHANGE ACCOUNT (45168) (94986) DEFERRED TAX LIABILITY (Net) 34621 31711 BORROWINGS NL-11-Borrowings Schedule 0 0 APPLICATION OF FUNDS FORM NL-3-B-BS Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 BALANCE SHEET FOR THE PERIOD ENDING 31ST MARCH, 2015 Particulars Schedule (Rs. 000) TOTAL 23355017 21864338 INVESTMENTS NL-12-Investment 47070224 40190673 Schedule LOANS NL-13-Loans Schedule 38548 32140 FIXED ASSETS NL-14-Fixed Assets 429369 546539 Schedule DEFERRED TAX ASSET (Net) CURRENT ASSETS CASH AND BANK BALANCES NL-15-Cash and bank 3557906 1490860 balance Schedule ADVANCES AND OTHER ASSESTS NL-16-Advances and Other Assets Schedule 11293800 9777325 Sub-Total (A) 14851706 11268185 CURRENT LIABILITIES NL-17-Current 30729147 21344105 Liabilities Schedule PROVISIONS NL-18-Provisions Schedule 8305683 8829094 DEFERRED TAX LIABILITY (Net) 0 0 Sub-Total (B) 39034830 30173199 NET CURRENT ASSETS (C) = (A - B) (24183124) (18905014) MISCELLANEOUS EXPENDITURE (to the NL-19-Miscellaneous 0 0 extent not written off or adjusted) Expenditure Schedule DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT 0 0 TOTAL 23355017 21864338 Contingent Liabilities Claims, other than against policies, not acknowledged as debts by the Company 0 0
FORM NL- 4 PREMIUM SCHEDULE PREMIUM EARNED (NET) FOR THE PERIOD ENDING 31ST MARCH, 2015 Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year 01.01.2015 to 31.03.2015 01.04.2014 to 31.03.2015 01.01.2014 to 31.03.2014 01.04.2013 to 31.03.2014 Premium from direct business written 7040251 27396988 7952986 33950093 (Net of Service Tax) Add: Premium on reinsurance accepted 0 0 0 0 Less : Premium on reinsurance ceded 3490505 12432850 5027791 16946712 Net Premium 3549746 14964138 2925195 17003381 Adjustment for change in reserve for (312276) 1019621 412861 (524760) unexpired risks Premium Earned (Net) 3237471 15983759 3338056 16478621
FORM NL-5 CLAIMS SCHEDULE CLAIMS INCURRED [NET] FOR THE PERIOD ENDING 31ST MARCH, 2015 Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year 01.01.2015 to 31.03.2015 01.04.2014 to 31.03.2015 01.01.2014 to 31.03.2014 01.04.2013 to 31.03.2014 Claims paid 4409689 24335141 7054779 33193082 Add: Reinsurance Accepted 0 0 0 0 Less:Reinsurance Ceded 2207997 11981867 3615010 18510666 Net Claims paid 2201692 12353274 3439768 14682416 Add Claims Outstanding at the end 3183318 50135763 677266 42450303 of the current year Add: Reinsurance Accepted 0 0 0 0 Less: Reinsurance Ceded 126541 25525100 605817 22823435 Net Claims Outstanding at the end o 3056777 24610663 71449 19626868 Less Claims Outstanding at the end 0 42450303 0 39605069 of the previous of the year Add: Reinsurance Accepted 0 0 0 0 Less: Reinsurance Ceded 0 22823435 0 22540290 Net Claims Outstanding at the end o 0 19626868 0 17064779 Gross Incurred Claims 7593007 32020601 7732044 36038316 Add :Re-insurance accepted to 0 0 0 0 direct claims Less :Re-insurance Ceded to claims paid 2334538 14683532 4220827 18793811 Total Claims Incurred 5258469 17337069 3511217 17244505
FORM NL-6 COMMISSION SCHEDULE COMMISSION FOR THE PERIOD ENDING 31ST MARCH, 2015 Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year 01.01.2015 to 31.03.2015 01.04.2014 to 31.03.2015 01.01.2014 to 31.03.2014 01.04.2013 to 31.03.2014 Commission paid Direct 120725 318974 143462 350757 Add: Re-insurance Accepted 0 0 0 0 Less: Commission on Re-insurance Ceded* 217878 1000643 575497 2072579 Net Commission (97153) (681669) (432035) (1721822) Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below: Agents 0 0 0 0 Brokers 3302 6007 4347 6972 Corporate Agency 0 0 0 0 Others: (i) Micro Insurance Agents/NGO's etc (486) 2360 1817 6123 (ii) Service Charges to Banks 115603 298514 135606 334499 (iii) Reimbursement to GIPSA Companies 2292 12079 1692 3163 (Coinsurance-Tie Up) iv) Insurance Commission to others 14 14 0 0 TOTAL (B) 120725 318974 143462 350757
FORM NL-7 OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars For the quarter Up to the Quarter For the corresponding quarter of the preceding year Up to the Quarter of the preceding year 01.01.2015 to 31.03.2015 01.04.2014 to 31.03.2015 01.01.2014 to 31.03.2014 01.04.2013 to 31.03.2014 1 Employees remuneration & welfare benefits 62150 238880 83229 233224 2 Travel, conveyance and vehicle running expenses 6644 27174 8397 28664 3 Training expenses 1073 2099 347 2649 4 Rents, rates & taxes 15384 62013 15139 54389 5 Repairs 3654 10829 2413 10576 6 Printing & Stationery 1029 4494 987 4128 7 Communication 1660 5754 1458 5051 8 Legal & Professional charges 4745 12344 4209 11693 9 Auditor's Fees, Expenses etc (a) as auditor 1093 1458 558 1441 (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 315 320 319 321 10 Advertisement and Publicity 6605 18258 1907 17560 11 Research & Development Expenses 890 903 563 1309 12 Fee & Subscription to Statutory Authorities 12773 35727 9827 29397 13 Interest & Bank Charges (7) 67 7 89 14 Depreciation 26943 111253 41836 110143 15 Information Technology 26276 126935 27815 93379 16 Other 9883 35077 5685 28068 Total 181110 693585 204693 632081
FORM NL-8 SHARE CAPITAL SCHEDULE SHARE CAPITAL FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) 1 Authorised Capital Equity Shares of Rs 10 each 15000000 15000000 2 Issued Capital Equity Shares of Rs.10 each 2000000 2000000 3 Subscribed Capital Equity Shares of Rs.10 each 2000000 2000000 4 Called-up Capital Equity Shares of Rs.10 each 2000000 2000000 Less : Calls unpaid 0 0 Add : Equity Shares forfeited (Amount 0 0 originally paid up) Less : Par Value of Equity Shares bought back 0 0 Less : Preliminary Expenses 0 0 Expenses including commission or 0 0 brokerage on Underwriting or subscription of shares 0 0 TOTAL 2000000 2000000
FORM NL-9 PATTERN OF SHAREHOLDING SCHEDULE PATTERN OF SHAREHOLDING FOR THE PERIOD ENDING 31ST MARCH, 2015 [As certified by the Management] Promoters Indian Shareholder As at 31.03.2015 Number of Shares ('000) % of Holding Number of Shares ('000) As at 31.03.2014 % of Holding General Insurance Corporation of India 70000 35% 70000 35% National Agriculture Bank for Rural Development National Insurance Company Ltd.& its nominee 60000 30% 60000 30% 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% The New India Assurance Company Ltd. & its nominee 17500 8.75% 17500 8.75% Foreign NIL NIL NIL NIL Others TOTAL 200000 100% 200000 100%
FORM NL-10 RESERVES AND SURPLUS SCHEDULE RESERVES AND SURPLUS FOR THE PERIOD ENDING 31ST MARCH, 2014 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 1 Capital Reserve 0 0 2 Capital Redemption Reserve 0 0 3 Share Premium 0 0 4 General Reserve Opening Balance 19927613 17441133 Less: Change in Depreciation Reserve as per Companies Act 2013 1814 Add: Profit transferred during the year 1439765 21365564 2486480 19927613 5 Catastrophe Reserve 0 0 6 Other Reserves 0 0 Balance of Profit in Profit & Loss Account TOTAL 21365564 19927613
FORM NL-11 BORROWINGS SCHEDULE BORROWINGS FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) 1 Debentures/ Bonds 0 0 2 Banks 0 0 3 Financial Institutions 0 0 4 Others (to be specified) 0 0 TOTAL 0 0
FORM NL-12 INVESTMENTS SCHEDULE INVESTMENTS FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) LONG TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 8619520 8311831 2 Other Approved Securities 5322977 4322549 3 Other Investments 0 ( a) Shares 0 (aa) Equity 588569 255364 (bb) Preference 0 0 ( b) Mutual Funds 0 0 (c) Derivative Instruments 0 0 (d) Debentures/ Bonds 5999727 5420732 (e) Other Securities 0 509850 (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate 0 0 4 Investments in Infrastructure and Social Sector 5147395 4481490 5 Other than Approved Investments 23718 21479 Sub-total (A) 25701907 23323295 SHORT TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 1341000 1027406 2 Other Approved Securities 0 135640 3 Other Investments 0 (a) Shares 0 (aa) Equity 0 0 (bb) Preference 0 0 ( b) Mutual Funds 847374 300845 (c) Derivative Instruments 0 0 (d) Debentures/ Bonds 1870093 830073 (e) Other Securities 16559850 12686330 (f) Subsidiaries 0 0 (g) Investment Properties-Real Estate 0 0 4 Investments in Infrastructure and Social Sector 750000 730695 5 Other than Approved Investments 0 1156389 Sub-total (B) 21368317 16867378 Note: TOTAL 47070224 40190673 (1) A provision of Rs.10,10,42 thousand ( Previous Year Rs.9,54,90 thousand) on Standard Assets in respect of investment in Debentures/Bonds appears under item 5 (iv) in Schdule 14. Market Value of Investments on 31.03.2014 47070224 40190673 Less: Fair Value Change Account (45168) (94986) Book Value of Investments as on 31.03.2014 47115392 40285659 (2) In view of IRDA guidelines, the value of Fixed deposit with banks amounting Rs.15,63,37,00 thousand has been shown under schedule 8 & 8A under the head 'Other Securities', instead of showing under Schedule 11 as in previous year. Similarly, the 'Deposit with Reserve Bank of India' (persuant to section 7 of Insurance Act,1938) has been shown under schedule 8 &8A amounting to Rs. 9,76,09 thousand under the head 'Government securities and Government guaranteed bonds', instead of under Schedule 12 in previous year.
FORM NL-13 LOANS SCHEDULE LOANS FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) 1 SECURITY-WISE CLASSIFICATION Secured (a) On mortgage of property (aa) In India 0 0 (bb) Outside India 0 0 (b) On Shares, Bonds, Govt. Securities 0 0 (c) Others -Loan to staff 38548 32140 Unsecured 0 0 TOTAL 38548 32140 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) 38548 32140 TOTAL 38548 32140 3 PERFORMANCE-WISE CLASSIFICATION (a) Loans classified as standard (aa) In India 38548 32140 (bb) Outside India 0 0 (b) Non-performing loans less provisions (aa) In India 0 0 (bb) Outside India 0 0 TOTAL 38548 32140 4 MATURITY-WISE CLASSIFICATION (a) Short Term 2929 2815 (b) Long Term 35619 29325 TOTAL 38548 32140
FORM NL-14 FIXED ASSETS FOR THE YEAR ENDED 31ST MARCH, 2015 Particulars Cost/Gross Block Depreciation Net Block Add: Less: Transferred As at Additions Sale/Deduction / As at As at to For On sale/ Up to As at As at 01.04.2014 during Discarded 31.03.2015 01.04.2014 Retained the current adjustment 31.03.2015 31.03.2015 31.03.2014 the year during the year Earning Year (A)Tangible Assets Buildings 364384 0 0 364384 33879 0 16099 0 49978 314406 330505 Furniture & Fixtures 13419 2093 1542 13970 8509 57 1877 1325 9118 4852 4910 I.T. Equipments 164186 3059 4751 162494 99072 333 28989 4656 123738 38756 65114 Vehicles 20739 2348 2815 20272 8398 0 4079 791 11686 8586 12341 Office Equipments 7582 1201 847 7936 4341 1133 1665 150 6989 947 3241 Elec.Equip.& Fittings 7420 1257 (92) 8769 3424 39 1290 361 4392 4377 3996 Leasehold Improvement 7162 0 7162 0 7162 0 0 7162 0 0 0 (B)Intangible Assets Computer Software 261888 601 509 261980 135456 252 69336 509 204535 57445 126432 TOTAL (A+B) 846780 10559 17534 839805 300241 1814 123335 14954 410436 429369 546539 PREVIOUS YEAR 673368 177842 4430 846780 182597 0 119366 1722 300241 546539 - (Rs. '000)
FORM NL-15 CASH AND BANK BALANCES SCHEDULE CASH AND BANK BALANCES FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) 1 Cash (including cheques, drafts and stamps) 7 184 2 Bank Balances (a) Deposit Accounts (i) Flexi Deposit 30 672 (ii) Others 0 0 (b) (i) Current Accounts 3557869 1490004 (ii) Others 0 0 3 Money at Call and Short Notice 0 (a) With Banks 0 0 (b) With other Institutions 0 0 4 Others 0 0 TOTAL 3557906 1490860
FORM NL-16 ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) ADVANCES 1 Reserve deposits with ceding companies 0 0 2 Application money for investments 0 0 3 Prepayments 43069 58409 4 Advances to Directors/Officers 2820 2738 5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 1262680 380173 6 Others: (a) Advance Rent paid 4212 222 (b) Sundry Advances 32221 34177 Less: Provision for premium defalcation (17833) (18733) TOTAL (A) 1327169 456986 OTHER ASSETS 1 Income accrued on investments 1 (a) Accrued but not due 1736058 1220942 1(b) Accrued and due 0 6960 1(b) Income accrued on flexi deposit 0 0 2 Outstanding Premiums 0 0 3 Agents Balances 0 4 Due from other entities carrying on insurance business(including reinsurers) 1084119 1908023 5 Due from subsidiaries/ holding company 0 6 Deposit with Reserve Bank of India 0 [Pursuant to section 7 of Insurance Act, 1938] 7 Others: a) Sundry Deposits 40642 34283 b) Advance against Capital Assets 576995 368654 c) Short Collection of Premium 29738 47919 d) Others (Adhoc payment to Govt. of India) 2000000 2000000 e) Government (Centre/States/Uts/Coffee Board) 4477225 3711217 f) Service Tax Unutilized Credit 21854 22341 TOTAL (B) 9966631 9320339 GRAND TOTAL (A+B) 11293800 9777325
FORM NL-17 CURRENT LIABILITIES SCHEDULE CURRENT LIABILITIES FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 1 Agents Balances 0 0 2 Balances due to other insurance companies 490908 195130 3 Deposits held on re-insurance ceded 0 0 4 Premiums received in advance 0 0 5 Unallocated Premium 0 0 6 Sundry Creditors, other than 11 (c) 555443 787254 7 Due to subsidiaries/ holding company 0 0 8 Claims Outstanding,other than 11 (a) 15211409 19079139 9 Due to Officers/ Directors 0 81 10 Others: (Rs. 000) a) Excess Collection of Premium, other than 11 121618 17786 b) (b) Expenses Payable 21692 22916 c) Earnest Money Deposit 725 750 d) Government (Centre/States/UTs/Coffee Board) 4795641 410913 11 Unclaimed Amount of policyholders 9531711 830136 TOTAL 30729147 21344105
FORM NL-18 PROVISIONS SCHEDULE PROVISIONS FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 1 Reserve for Unexpired Risk 7482069 8501690 2 For taxation (less advance tax paid 0 0 and taxes deducted at source) 3 For Proposed Dividends 200000 0 4 For Dividend Distribution Tax 40715 0 5 Others: (Rs. 000) a) Provision for Retirement Benefits 161988 147724 b) Provision for Doubtful Debts 47 47 c) Provision on Standard Assets 116203 101042 d) Provision for Outstanding Expenses 72746 48766 e) Provision for Purchase 15160 29753 f) Provision for Loyalty Discount 8 72 g) Reserve for Premium Deficiency 216747 0 TOTAL 8305683 8829094
FORM NL-19 MISCELLANEOUS EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE FOR THE PERIOD ENDING 31ST MARCH, 2015 (To the extent not written off or adjusted) SN Particulars Current Year 01.04.2014-31.03.2015 Previous Year 01.04.2013-31.03.2014 (Rs. 000) 1 Discount Allowed in issue of shares/ debentures 0 0 2 Others 0 0 Total 0 0
FORM NL-20 RECEIPT AND PAYMENTS SCHEDULE RECEIPT AND PAYMENTS FOR THE PERIOD ENDING 31ST MARCH, 2015 Particulars Amount (Rs in '000) Cash Flows from the Operating Activities: Premium received from policyholders, including advance receipts 27381591 Other receipts 14585 Payments to the re-insurers, net of commissions and claims -552051 Payments to co-insurers, net of claims recovery 0 Payments of claims 24335141 Payments of commission and brokerage 318974 Payments of other operating expenses 532557 Preliminary and pre-operative expenses 0 Deposits, advances and staff loans 6408 Income taxes paid (Net)** 1624449 Service tax paid -487 Other payments 41000 Cash flows before extraordinary items 1090183 Cash flow from extraordinary operations 0 Net cash flow from operating activities 1090183 Cash flows from investing activities: Purchase of fixed assets 10559 Proceeds from sale of fixed assets 2599 Purchases of investments 2343800 Loans disbursed 0 Sales of investments 0 Repayments received 0 Rents/Interests/ Dividends received 3479653 Investments in money market instruments and in liquid mutual funds (Net)* 4420049 Expenses related to investments 2417 Net cash flow from investing activities (3294573) Cash flows from financing activities: Proceeds from issuance of share capital 0 Proceeds from borrowing 1557900 Repayments of borrowing (1557900) Increase in Liabilities 0 Interest/dividends paid (3304) Net cash flow from financing activities 4274740 Net cash flow from financing activities 4271436 Effect of foreign exchange rates on cash and cash equivalents, net 0 Net increase in cash and cash equivalents: Cash and cash equivalents at the beginning of the year 1490860 Cash and cash equivalents at the end of the year 3557906 *Investments in mutual funds where these are used as parking vehicles pending investment are to be indicated (net).
FORM NL-21 STATEMENT OF LIABILITIES Statement of Liabilities FOR THE PERIOD ENDING 31ST MARCH, 2015 As at 31.03.2015 As at 31.03.2014 (Rs. in Lakh) SN Particular Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves 1 Fire 2 Marine a Marine Cargo b Marine Hull 3 Miscellaneous a Motor b Engineering c Aviation d Liabilities e Others 4 Health Insurance 5 Crop Insurance 74820.69 122298.67 123785.79 320905.15 85016.90 101914.62 94307.99 281239.51 Total Liabilities 74820.69 122298.67 123785.79 320905.15 85016.90 101914.62 94307.99 281239.51
FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS Gross Direct Premium Underwritten FOR THE PERIOD ENDING 31ST MARCH, 2015 (Rs. in Lakh) Overseas medical Crop All Other Fire Marine (Cargo) Marine (Hull) Engineering Motor Own Damage Motor Third Party Liability insurance Personal Accident Medical Insurance Grand Total Insurance Insurance Miscellaneous STATES For the FY For the FY For the Upto the 2014-15 2014-15 for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the for the yr Upto the Year Andhra Pradesh 0 0 Arunachal Pradesh 0 0 Assam 0 0 Bihar 0 0 Chhattisgarh 0 0 Goa 0 0 Gujarat 0 0 Haryana 0 0 Himachal Pradesh 0 0 Jammu & Kashmir 0 0 Jharkhand 0 0 Karnataka 0 0 Kerala 0 0 Madhya Pradesh 0 0 Maharasthra 0 0 Manipur 0 0 Meghalaya 0 0 Mizoram 0 0 Nagaland 0 0 Orissa 0 0 Punjab 0 0 Rajasthan 0 0 Sikkim 0 0 Tamil Nadu 0 0 Telangana 0.00 0.00 Tripura 0 0 Uttar Pradesh 0 0 Uttrakhand 0 0 West Bengal 0 0 Andaman & Nicobar Is. 0 0 Chandigarh 0 0 Dadra & Nagra Haveli 0 0 Daman & Diu 0 0 Delhi 0 0 Lakshadweep 0 0 Puducherry 0 0 Total 0 0
NL-23-Risk RI Conc (2) IRDA Periodic Disclosures FORM NL-23 REINSURANCE RISK CONCENTRATION Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 REINSURANCE RISK CONCENTRATION FOR THE PERIOD ENDING 31ST MARCH, 2015 From 01.04.2014 to 31.03.2015 S.No. Reinsurance Placements Reinsurance Risk Concentration No. of reinsurers Premium ceded to reinsurers Proportional Non-Proportional Facultative (Rs in Lakhs) 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 22884.64 3054.33 20.86 3 No. of Reinsurers with rating A but less than AA 30 19193.35 2531.80 17.47 Nil 4 No. of Reinsurers with rating BBB but less than A 2 570.52 122.64 0.56 5 No. of Reinsurres with rating less than BBB 0 0.00 0.00 0.00 6 No. of Indian Reinsurers 5 75971.21 0.00 61.11 Total 41 118619.72 5708.77 100.00 Page 23 of 41
FORM NL-24 Registration No. 126 and Date of Registration with the IRDA:31.3.2015 AGEING OF CLAIMS ENDED 31st MARCH 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 No. of Farmers No. of Farmers No. of Farmers No. of Farmers No. of Farmers (Rs in lakh) Farmers Crop Insurance 2745636 4049924 3173150 1256509 311700 11536919 241917.94
FORM NL-25 Registration No. 126 and Date of Registration With the IRDA:31.3.2015 SN CLAIMS DATA FOR THE YEAR ENDED 31st MARCH 2015 CROP INSURANCE Claims Experience No. of Claims (No. of Farmers) 1 CLAIMS O/S AT THE BEGINNING OF THE PERIOD 9547634 2 CLAIMS REPORTED DURING THE PERIOD 10545322 3 CLAIMS SETTLED DURING THE PERIOD 11536919 4 CLAIMS REPUDIATED DURING THE PERIOD 238 5 CLAIMS CLOSED DURING THE PERIOD 403653 6 CLAIMS O/S AT END OF THE PERIOD 8152146 LESS THAN 3 MONTHS 5611113 3 MONTHS TO 6 MONTHS 854974 6 MONTHS TO 1 YEAR 32888 1 YEAR AND ABOVE 1653171
FORM NL-26 CLAIMS INFORMATION -KG TABLE I For the period ending 31.03.2015 Required Solvency Margin Based on Net Premium and Net Incurred Claims PREMIUM (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 273969.87 149641.38 320206.01 173370.70 38355.78 67243.26 67243.26 9 Health Total 273969.87 149641.38 320206.01 173370.70 38355.78 67243.26 67243.26
FORM NL-27 OFFICES INFORMATION FOR NON-LIFE OFFICES INFORMATION FOR NON-LIFE FOR THE PERIOD ENDING 31ST MARCH, 2015 SN Office Information Number 1 2 No. of offices at the beginning of the year 22 No. of branches approved during the year 0 3 4 No. of branches opened during the year Out of approvals of previous year Out of approvals of this year 0 0 5 6 No. of branches closed during the year 2 No of branches at the end of the year 20 7 No. of branches approved but not opened NA 8 No. of rural branches NA 9 No. of urban branches 20 The above figure includes 1 Head Office at Delhi and 17 Regional Office and 2 One Man Office
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 MARCH 2015 Rs. In Lakhs No PARTICULARS SCH AMOUNT 1 Investments 8 470702 2 Loans 9 385 3 Fixed Assets 10 4294 4 Current Assets a. Cash & Bank Balance 11 35579 b. Advances & Other Assets 12 116621 5 Current Liabilities a. Current Liabilities 13 303419 b. Provisions 14 80828 c. Misc. Exp not Written Off 15 0 d. Debit Balance of P&L A/c Application of Funds as per Balance Sheet (A) 1011829 Less: Other Assets SCH AMOUNT 1 Loans (if any) 9 385 2 Fixed Assets (if any) 10 4294 3 Cash & Bank Balance (if any) 11 35579 4 Advances & Other Assets (if any) 12 116621 5 Current Liabilities 13 303419 6 Provisions 14 80828 7 Misc. Exp not Written Off 15 0 8 Debit Balance of P&L A/c TOTAL (B) 541126 'Investment Assets' As per FORM 3B (A-B) 470702 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 43637 55968 99605 21.14% 0 99605 100739 2 G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% 0 66957 85878 152835 32.44% 0 152835 155660 3 Investment subject to Exposure Norms 1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% 0 48180 61795 109975 23.34% 0 109975 111006 2. Approved Investments Not exceeding 55% 0 91100 116843 207943 44.13% -2.88 207655 208224 3. Other Investments (not exceeding 25%) Not exceeding 25% 0 175 225 400 0.08% -1.63 237 237 Total Investment Assets 100.00% 0 206413 264741 471154 100.00% -4.52 470702 475126 *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 Date: 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 As at 31.03.15 Detail Regarding debt securities MARKET VALUE* as % of total for this class as at 31.03.14 of the previous year as % of total for this class As at 31.03.15 as % of total for this class BOOK VALUE as at 31.03.14 of the previous year (Rs in Lakhs) as % of total for this class Break down by credit rating AAA rated 266398.88 57.85% 259622.39 63.09% 262243.61 57.50% 237339.82 61.72% AA or better 28532.39 6.20% 19936.10 4.84% 28263.53 6.20% 15264.33 3.97% Rated below AA but above A Rated below A but above B Any other 165598.50 35.96% 131961.80 32.07% 165598.50 36.31% 131961.80 34.31% BREAKDOWN BY RESIDUALMATURITY Up to 1 year 205239.90 44.57% 154521.09 37.55% 205209.42 44.99% 154101.43 40.07% more than 1 yearand upto 3years 70978.16 15.41% 91980.21 22.35% 70122.57 15.37% 81876.03 21.29% More than 3years and up to 7years 118376.85 25.70% 116186.82 28.23% 117058.01 25.66% 104382.53 27.14% More than 7 years and up to 10 years 42514.92 9.23% 25789.89 6.27% 41132.97 9.02% 23553.49 6.12% above 10 years 23419.94 5.09% 23042.28 5.60% 22582.67 4.95% 20652.47 5.37% Breakdown by type of the issurer a. Central Government 100739.40 21.87% 89061.00 21.64% 99605.21 21.84% 93392.36 24.29% b. State Government 54920.17 11.93% 43016.88 10.45% 53229.78 11.67% 44581.89 11.59% c.corporate Securities 304870.20 66.20% 279442.41 67.90% 303270.65 66.49% 246591.70 64.12% *All securities are considered to be on the basis of 'Held to Maturity'. Page 29 of 41
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 01.01.2015 to 31.03.2015 Up to the Quarter 01.04.2014 to 31.03.2015 For the corresponding quarter of the preceding year 01.01.2014 to 31.03.2014 Up to the Quarter of the preceding year 01.04.2013 to 31.03.2014 1 Gross Direct Premium Growth Rate -11.48% -19.30% -20.91% 2.96% 2 Gross Direct Premium to Net Worth Ratio (In Times)* 0.33 1.28 0.37 1.70 3 Growth Rate of Net Worth* 7.22% 7.22% 14.26% 14.26% 4 Net Retention Ratio 50.42% 54.62% 36.78% 50.08% 5 Net Commission Ratio -2.74% -4.56% -14.77% -10.13% 6 Expenses of Management to Gross Direct Premium Ratio 4.29% 3.70% 4.38% 2.89% 7 Expense of Management to Net Written Premium Ratio 8.50% 6.77% 11.90% 5.78% 8 Net Incurred Claims to Net Earned Premium 162.43% 108.47% 105.19% 104.65% 9 Combined Ratio 164.79% 108.55% 97.42% 98.24% 10 Technical Reserves to Net Premium Ratio (in Times) 9.10 2.16 9.61 1.65 11 Underwriting Balance Ratio (in Times) -0.65-0.09 0.02 0.02 12 Operating Profit Ratio -47.49% 5.77% 1.62% 13.70% 13 Liquid Assets to Liabilities Ratio (in Times) 0.77 0.77 0.65 0.65 14 Net Earnings Ratio -22.49% 11.23% 19.78% 14.62% 15 Return on Net Worth* -3.74% 7.87% 2.90% 12.48% 16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* 3.18 3.18 2.60 2.60 17 NPA Ratio 0.00 0.00 0.00 0.00 Equity Holding Pattern for Non-Life Insurers 1 (a) No. of shares 2 (b) Percentage of shareholding (Indian / Foreign) 3 ( c) %of Government holding (in case of public sector insurance companies) (a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period 4 (not to be annualized) (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not 5 to be annualized) 6 (iv) Book value per share (Rs) *does not include Rs. 200 crore adhoc payment to Government of India 200000000 100 100% held by Govt. Corporation/Companies/Bank 8.40 12.43 10
NL-31-Rel Par IRDA Periodic Disclosures From 01.04.2014 to 31.03.2015 Sl.No. Name of the Related Party For the quarter up to the Quarter Correspodning quarter of the preceeding year (Rs in Lakhs) up to the Quarter of the prceeding year 1 General Insurance Corpn of India 16477.05 55925.39 20869.83 54149.65 2 New India Assurance Company 1632.05 7066.42 2273.27 6739.97 3 National Insurance Company Shareholder Reinsurance 1563.56 5996.13 6068.01 6578.22 4 Oriental Insurance Company 3482.05 4456.10 1680.00 6793.26 5 United India Insurance Company 0.00 4962.52 1680.00 6631.63 *including the premium flow through Assocaites/ Group companies as an agent FORM NL-31 RELATED PARTY TRANSACTIONS Agiculture Insurance Company of India Limited Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 Related Party Transactions Nature of Relationship with the Company Description of Transactions / Categories Consideration paid / received* Page 31 of 41
FORM NL-32: Products Information Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 PRODUCTS INFORMATION AS ON 31ST MARCH, 2015 List below the products and/or add-ons introduced during the period 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
FORM NL-33 SOLVENCY MARGIN-KGII Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 SN SOLVENCY FOR THE YEAR ENDING 31ST MARCH, 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 336568.59 of Assets as mentioned in Form IRDA-Assets-AA): Deduct: 2 Liabilities (reserves as mentioned in Form HG) 2 320905.15 3 Other Liabilities (other liabilities in respect of 2 4730.40 Policyholders Fund as mentioned in Balance Sheet) 4 Excess in Policyholders Funds (1-2-3) 10933.04 5 Available Assets in Shareholders Funds (value of 3 267353.39 Assets as mentioned in Form IRDA-Assets-AA): Deduct: 6 Other Liabilities (other liabilities in respect of 2 64712.67 Shareholders Fund as mentioned in Balance Sheet) 7 Excess in Shareholders Funds (5-6) 202640.72 8 Total Available Solvency Margin [ASM] (4+7) 213573.76 9 Total Required Solvency Margin [RSM] 67243.26 10 Solvency Ratio (Total ASM/Total RSM) 3.18
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 of current period of FY 2014-15 2 Mr. Mukesh Khullar Director Ceased to hold office w.e.f. 25th March, 2015 3 Mr. Raj Singh Director Joined on 5th September 2014 4 Mr. Anup Wadhawan Director No Change during the reported period of current period of FY 2014-15 5 Dr. A. K. Bhutani Director Ceased to hold office wef 05th Septeber 2014 6 Mr. K. N. Bhandari Director No Change during the reported period of current period of FY 2014-15 Ceased to hold office w.e.f. 12th December, 2014 and re-appointed w.e.f 7 Prof. Gopal Naik Director 13th February 2015 8 Mr. P. Dutta Director Joined on 5th September 2014 9 Mr. Kuldip Singh Director No Change during the reported period of current period of FY 2014-15 10 Mr. P. Venkataramiah Director No Change during the reported period of current period of FY 2014-15 11 Mr. P.Nayak Director Joined on 11th August, 2014 12 Ms. Asha Nair Director No Change during the reported period of current period of FY2014-15 13 Mr. H.R. Dave Director No Change during the reported period of current period of FY 2014-15 14 Mr. G.C. Gaylong Director Ceased to hold office w.e.f. 11th August, 2014 Key Persons FORM NL-34 For the period ending 31.03.2015 Board of Directors and Key Person information 15 Ms. Yogita Arora Appointed Actuary Joined on 15th May 2014
FORM NL-35-NON PERFORMING ASSETS-7A Company Name & Code: AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, CODE NO.126 Statement as on: 31ST MARCH 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. Date: 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 MARCH 2015 Current Quarter Year to Date Previous Year Rs. Lakhs No. A1 CENTRAL GOVERNMENT BONDS CGSB 97230.82 97654.51 1932.81 1.99 1.31 96729.11 93537.38 7673.17 7.93 5.24 88802.60 86045.88 6899.21 7.77 7.77 A4 DEPOSIT UNDER SECTION 7 OF INSURANCE ACT, 1938 CDSS 984.96 1008.64 21.77 2.21 1.46 983.18 988.79 87.13 8.86 5.85 978.46 999.06 87.13 8.90 8.90 A5 TREASURY BILLS CTRB 6334.14 6318.93 38.09 0.60 0.40 12091.19 11918.38 449.68 3.72 2.45 3697.78 3662.01 85.18 2.30 2.30 B1 STATE GOVERNMENT BONDS SGGB 53414.64 54722.61 1150.22 2.15 1.42 50556.04 49718.43 4324.53 8.55 5.65 43326.15 42980.82 3661.32 8.45 8.45 C5 BONDS / DEBENTURES ISSUED BY HUDCO HTHD 1000.00 1009.85 22.32 2.23 1.47 1000.00 1165.70 90.50 9.05 5.97 1000.00 997.67 90.50 9.05 9.05 C7 BONDS / DEBENTURES ISSUED BY AUTHORITY CONSTITUTED UNDER ANY HOUSING / BUILDING SCHEME APPROVED BY CENTRAL / STATE / ANY HTDA 44734.15 45342.61 1034.96 2.31 1.53 40285.77 46658.49 3775.99 9.37 6.19 33422.38 33312.70 3114.10 9.32 9.32 AUTHORITY OR BODY CONSTITUTED BY CENTRAL / STATE ACT C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD 4262.00 3984.01 78.70 1.85 1.85 4262.00 5943.01 319.16 7.49 7.49 4262.00 3768.65 319.16 7.49 7.49 D08 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPTD 24915.56 25440.98 515.48 2.07 1.37 25603.25 30027.07 2126.95 8.31 5.48 26571.86 26723.00 2208.36 8.31 8.31 D10 INFRASTRUCTURE - OTHER CORPORATE SECURITIES - DEBENTURES/ BONDS ICTD 21206.01 21646.97 510.18 2.41 1.59 19876.17 22966.73 1943.10 9.78 6.45 13802.84 13906.00 1326.25 9.61 9.61 D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD 11000.08 10396.65 204.58 1.86 1.86 11000.08 15353.45 829.69 7.54 7.54 11162.28 10046.87 840.80 7.53 7.53 E1 PSU - EQUITY SHARES - QUOTED EAEQ 3210.64 2729.55 20.57 0.64 0.64 3120.56 2543.62 55.03 1.76 1.76 3093.55 2354.06 134.33 4.34 4.34 E17 DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS (INCL. BANK BALANCE AWAITING INVESTMENT), CCIL, RBI ECDB 156755.02 156755.02 3645.19 2.33 1.54 163608.42 163608.42 15331.18 9.37 6.19 138469.13 138469.13 13575.75 9.80 9.80 E2 CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)- QUOTED EACE 2226.62 2559.21 54.80 2.46 2.46 883.48 1120.39 64.87 7.34 7.34 241.29 354.77 30.53 12.65 12.65 E23 COMMERCIAL PAPERS ECCP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1609.31 1585.92 46.49 2.89 2.89 E24 APPLICATION MONEY ECAM 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.07 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 500.00 497.48 9.18 1.84 1.21 500.00 527.41 37.25 7.45 4.92 500.00 487.53 37.25 7.45 7.45 EPPD 700.00 694.00 13.44 1.92 1.27 700.00 758.95 54.50 7.79 5.14 700.00 679.61 54.50 7.79 7.79 E30 MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES EGMF 9251.92 8501.44 118.35 1.28 1.28 9837.80 11817.04 661.60 6.73 6.73 4888.58 4900.21 199.54 4.08 4.08 E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT 26496.50 26967.30 636.10 2.40 1.58 25872.08 30719.56 2521.80 9.75 6.43 20555.03 20621.66 1988.82 9.68 9.68 F12 EQUITY SHARES (PSUS & UNLISTED) OEPU 400.44 245.12 5.55 1.39 1.39 400.44 251.62 9.88 2.47 2.47 405.59 190.48 17.32 4.27 4.27 F14 MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS / LIQUID SECEMES OMGS 13866.45 12432.22 191.46 1.38 1.38 15249.27 14780.19 773.15 5.07 5.07 13937.74 13962.22 823.01 5.90 5.90 TOTAL 478489.92 478907.10 10203.73 8.52 5.62 482558.84 504404.61 41129.15 8.52 5.62 411426.57 406048.25 35540.63 8.64 5.70 *All securities are considered to be on the basis of 'Held to Maturity'. *Market Values on 31/03/2015 are shown for Current Quarter and Year to Date CERTIFICATION Category of Investment Category Code Investment (Rs.) Income on Gross Net Investment (Rs.) Income on Gross Net Investment (Rs.) Investment Yield Yield Investment Yield Yield (Rs.) (%)¹ (%)² (Rs.) (%)¹ (%)² Book Value Market Value* Book Value Market Value Book Value Market Value Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Date: Note: Category of Investment (COI) shall be as per Guidelines 1 To be calculated based on Monthly or lesser frequency 'Weighted Agerage' of Investments 2 Yield netted for Tax 3 FORM-1 shall be prepared in respect of each fund. 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 MARCH 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. Date: 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 MARCH 2015 (Rs in lakh) For the quarter Upto the quarter For the corresponding quarter of Upto the corresponding SN Line of Business 01.1.15-31.3.15 01.04.14-31.3.15 01.1.14-31.3.14 01.04.13-31.3.14 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 70403 174617 273970 777812 79530 102510 339501 672605
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 MARCH 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 777,812 273,970 5,880,748 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 March 2015 Current Year SN Channels 01.04.2014-31.03.2015 No. of Policies Premium (Rs in lakh) 1 Individual agents 0 0 2 Corporate Agents-Banks 0 0 3 Corporate Agents -Others 0 0 4 Brokers 8162 416 5 Micro Agents 11358 301 6 Direct Business 91768 4682 7 others 666524 268571 Total (A) 777812 273970 0 0 1 Referral (B) 0 0 Grand Total (A+B) 777812 273970
FORM NL-41 GRIEVANCE DISPOSAL Registration No. 126 and Date of Registration with the IRDA: 30.10.2003 GRIEVANCE DISPOSAL STATEMENT AS ON 31ST MARCH, 2015 SN Particulars Opening Balance as on begning of the year Additions during the year Complaints Resolved/setteled during the year Fully Accepted Partial Accepted Rejected Complaints Pending at the end of the year Total Complaints registerd upto the quarter during the financial year 1 Complaints made by customers a) Death claims NIL NIL NIL NIL NIL NIL NIL b) Claim NIL 216 NIL NIL 216 NIL 216 c) Policy Related NIL NIL NIL NIL NIL NIL NIL d) premium NIL NIL NIL NIL NIL NIL NIL e) Refund NIL NIL NIL NIL NIL NIL NIL f) Coverage NIL NIL NIL NIL NIL NIL NIL g) Cover Note related NIL NIL NIL NIL NIL NIL NIL h) Products NIL NIL NIL NIL NIL NIL NIL i) others NIL 2 NIL NIL 2 NIL 2 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 7 Total No. of Policy Complaints (current year) per 10,000/-policies (current year) Total No. of Claims Complaints (Current year ) per 10,000/-claims registered (current year) 8 Duration wise Pending Status Total Number NIL 218 NIL NIL 218 NIL 218 NA Complaints made by the Customer Complaints made by intermediaries a) up to 7 days NIL NIL NIL b) 7-15 days NIL NIL NIL c) 15-30days NIL NIL NIL d) 30-90 days NIL NIL NIL e) 90 days & beyond NIL NIL NIL Total Number NIL NIL NIL Total NA NA NA NA NA