form nl-1-b-ra agriculture insurance company of … nl-1-b-ra agriculture insurance company of india...

Quarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

1 Premium Earned (Net)

NL-4-

Premium

Schedule 11136530 12334238 10315655 12152456

2 Profit/Loss on Sale/Redemption of Investments 1248 32013 4928 12506

3 Accretion of Discount on Investment 182311 341911 5132 12390

4 Interest, Dividend & Rent -Gross 621509 1529795 648613 1341461

TOTAL (A) 11941598 14237957 10974328 13518813

1 Claims Incurred (Net)

NL-5-Claim

Schedule 12241718 11322324 12272359 14022042

2 Commission

NL-6-

Commission

Schedule (4141331) (4141717) (3681286) (3702656)

3 Operating Expenses related to Insurance Business

NL-7-

Operating

Expense

Schedule 549373 807491 633728 928548

4 Premium Deficiency 0 0 0

5 Bank Interest 2725 2725 26337 38546

6 Expenses related to Investments :

a) Amortization of Premium on Investments 8212 18434 4826 9426

b) Stock Holding Charges 201 822 184 599

c) Bank Interest & Charges 0 0 0 0

d) Other expenses related to investment 0 48 12 28

TOTAL (B) 8660898 8010127 9256160 11296533

Operating Profit from Crop Insurance Business C=(A-B) 3280700 6227830 1718168 2222280

APPROPRIATIONS

Transfer to Shareholders' Account 3280700 6227830 1718168 2222280

Transfer to Catastrophe Reserve 0 0 0 0

Transfer to Other Reserves 0 0 0 0

TOTAL 3280700 6227830 1718168 2222280

CIN: U74999DL2002PLC118123

FORM NL-1-B-RA

Agriculture Insurance Company of India Limited

Registration No. 126 and Date of Registration with the IRDA: 30.10.2003

Schedule

REVENUE ACCOUNT FOR THE PERIOD ENDED SEPTEMBER 30, 2017

SN Particulars

(Rs. in '000)

Quarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

1 OPERATING PROFIT/(LOSS)

(a) Fire Insurance

(b) Marine Insurance

(c ) Misc. Insurance-Crop

Insurance

3280700 6227830 1718168 2222280

2 INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent – Gross 402284 647141

456152 943412

(b) Profit on sale of investments 5249 13542 3466 8795

Less: Loss on sale of investmentsc) Accretion of Discount on 101612 144637 3609 8714

3 OTHER INCOME

a) Miscellaneous Receipts 50896 77214 926 1896

b) Income from administration of

outgoing Co-insurance Business

(255) 128186 128316

c) Profit on sale of Fixed Assets 292 292 0 0

TOTAL (A) 3840777 7110656 2310508 3313413

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 0 (180665) (7238) (5922)

5 OTHER EXPENSES

(a) Expenses other than those

related to Insurance Business

i) Amortisation of Premium on

Investments

5043 7798 3393 6629

ii) Stock Holding Charges 180 348 129 421

iii) Bank Charges

iv) Other expenses related to

investment

7 20 9 20

(b) Bad debts written off

(c) Others

i) Loss on sale of Fixed Assets 0 0 3127 3127

ii) Prior Period Expenses 0 0 2 32

iii) Corporate Social Responsibility 11479 14309 10552 21209

iv) Other 0 0 0 5

TOTAL (B) 16710 (158190) 9974 25521

Profit Before Tax (C=A-B) 3824067 7268846 2300533 3287892

Provision for Taxation 1246805 2324790 780079 1100736

Profit After Tax (D) 2577262 4944056 1520455 2187156

0 0 0 0

0 0 0 0

0 0 0 0

(d) Corporate social responsibility 0 0 0 0

0 0 0 0

2577263 4944056 1520455 2187156Balance carried forward to Balance Sheet

Balance of profit/ loss brought forward from

(e) Transfer to any Reserves or Other

CIN: U74999DL2002PLC118123

FORM NL-1-B-PL



PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED SEPTEMBER 30, 2017

(c) Dividend distribution tax

(b) Proposed final dividend

(a) Interim dividends paid during the year

APPROPRIATIONS

SN Particulars Schedule

(Rs. in '000)

As at September 30 ,2017 As at September 30 ,2016

SOURCES OF FUNDS

SHARE CAPITAL NL-8-Share Capital

Schedule

2000000 2000000

SHARE APPLICATION MONEY

PENDING ALLOTMENT

RESERVES AND SURPLUS NL-10-Reserves and

Surplus Schedule

32616669 26622088

FAIR VALUE CHANGE

ACCOUNT

220297 (102155)

DEFERRED TAX LIABILITY 2424 14105

BORROWINGS NL-11-Borrowings

Schedule

0 0

TOTAL 34839390 28534038

APPLICATION OF FUNDS

INVESTMENTS NL-12-Investment

Schedule

71104748 57653054

LOANS NL-13-Loans

Schedule

83123 37910

FIXED ASSETS NL-14-Fixed Assets

Schedule

1774275 515392

DEFERRED TAX ASSET

CURRENT ASSETS

CASH AND BANK BALANCES NL-15-Cash and

bank Balance

Schedule

8927647 30626776

ADVANCES AND OTHER

ASSESTS

NL-16-Advances and

Other Assets

Schedule

45952686 47934690

Sub-Total (A) 54880334 78561466

CURRENT LIABILITIES NL-17-Current

Liabilities Schedule

82866112 96788815

PROVISIONS NL-18-Provisions

Schedule

10136977 11444968

DEFERRED TAX LIABILITY

Sub-Total (B) 93003090 108233783

NET CURRENT ASSETS (C) =

(A - B)

(38122756) (29672317)

MISCELLANEOUS

EXPENDITURE (to the extent not

written off or adjusted)

NL-19-

Miscellaneous

Expenditure

Schedule

0 0

DEBIT BALANCE IN PROFIT

AND LOSS ACCOUNT

0 0

TOTAL 34839390 28534038

Particulars Schedule

FORM NL-3-B-BS


Registration No. 126 and Date of Registration with the IRDA:30.10.2003

BALANCE SHEET AS AT SEPTEMBER 30,2017

(Rs. in '000)

CIN: U74999DL2002PLC118123

Quarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

Premium from Direct Business

written(Net of Service Tax) 54830327 55232095 43147083 45568206

Add: Premium on reinsurance

accepted 0 86989 0 0

Less : Premium on reinsurance

ceded 42486787 42797599 33217514 33421166

Net Premium 12343540 12521485 9929569 12147040

Adjustment for change in reserve for

unexpired risks(1207010) (187247) 386086 5416

Premium Earned (Net) 11136530 12334238 10315655 12152456

Particulars

PREMIUM EARNED (NET)

FORM NL- 4 - PREMIUM SCHEDULE



(Rs in '000)

CIN: U74999DL2002PLC118123

Quarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

Claims Paid - Direct 13041482 34021980 7881020 15514098

Add: Reinsurance Accepted 0 7157 0 0

Less:Reinsurance Ceded 8069702 23033601 5396047 7050127

Net Claims paid 4971780 10995536 2484973 8463971

Add: Claims Outstanding at the end of the current year 33922358 118728156 45383990 90783774

Add: Reinsurance Accepted (1823) 85013 0 0

Less: Reinsurance Ceded 26650596 84766961 35596605 58535656

Net Claims Outstanding at the end of Current year 7269938 34046208 9787386 32248118

Less :Claims Outstanding at the beginning 0 108486297 0 52326983

Add: Reinsurance Accepted 0 16393 0 0

Less: Reinsurance Ceded 0 74783270 0 25636936

Net Claims Outstanding at the beginning 0 0 0 26690047

Gross Incurred Claims 46963839 44263839 53265010 53970889

Add: Re-insurance accepted to direct claims (1823) 75777 0 0

Less: Re-insurance Ceded to claims paid 34720298 33017292 40992652 39948847

Total Claims Incurred 12241718 11322324 12272359 14022042



FORM NL-5 - CLAIMS SCHEDULE

Particulars

CLAIMS INCURRED [NET]

(Rs in '000)

CIN: U74999DL2002PLC118123

Quarter Ended September

30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

Direct107987 119445 -33 259

Add: Re-insurance Accepted0 21290 0 0

Less: Commission on Re-insurance Ceded4249318 4282452 3681253 3702915

Net Commission(4141331) (4141717) (3681286) (3702656)

Agents 0 0 0 0

Brokers93098

104540 10 182

Corporate Agency 10376 10376 0

Others:

(i) Micro Insurance Agents/NGO's etc4512

4529 -42 59

(ii) Service Charges to Banks0

0

(iii) Reimbursement to GIPSA Companies

(Coinsurance-Tie Up) 0 0 -1 18

iv) Insurance Commission to others 0 0 0

TOTAL (B) 107986 119445 (33) 259

COMMISSION



FORM NL-6 COMMISSION SCHEDULE

Particulars

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:

(Rs in '000)

CIN: U74999DL2002PLC118123

Quarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

1 Employees' Remuneration & Welfare benefits 69178 172861 64683 250949

2 Travel, conveyance and vehicle running

expenses

10762 16825 9698 16175

3 Training expenses 682 880 775 841

4 Rents, rates & taxes 27087 53422 27831 47912

5 Repairs 2527 5208 2955 4889

6 Printing & Stationery 2281 4124 6429 8038

7 Communication 2009 3868 2730 4200

8 Legal & Professional Charges 2887 4656 2464 3611

9 Auditor's Fees, Expenses etc 0 0

(a) as auditor 1375 2812 512 639 (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 9854 12487 9738 18265

11 Research & Development Expenses 28 28 2427 2427

12 Fee & Subscription to Statutory Authorities 7166 12391 16941 21772

13 Interest & Bank Charges 40584 40611 4 48

14 Depreciation 27336 53771 34205 59890

15 Information Technology 1196 49806 63025 89756

16 Service charges to Banks/FI's 307606 318966 373901 375717

17 Other 36813 54775 15410 23419

Total 549373 807491 633728 928548

(Rs in '000)

CIN: U74999DL2002PLC118123



FORM NL-7 OPERATING EXPENSES SCHEDULE

SN Particulars

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

SN Particulars As at September 30 ,2017 As at September 30 ,2016

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


4 Called-up Capital 2000000 2000000


Less : Calls unpaid 0 0

Add : Equity Shares forfeited (Amount

originally paid up)

0 0

Less : Par Value of Equity Shares bought

back

0 0

Less : Preliminary Expenses 0 0

Expenses including commission or

brokerage on

0 0

Underwriting or subscription of

shares

0 0

TOTAL 2000000 2000000

FORM NL-8 - SHARE CAPITAL SCHEDULE

SHARE CAPITAL

(Rs.’000)


CIN: U74999DL2002PLC118123


Number of

Shares ('000)% of Holding

Number of

Shares ('000)% of Holding

Promoters

Indian

General Insurance Corporation of

India

70000 35% 70000 35%

National Agriculture Bank for Rural

Development

60000 30% 60000 30%

National Insurance Company Ltd.&

its nominee

17500 8.75% 17500 8.75%

The New India Assurance

Company Ltd. & its nominee

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-9 PATTERN OF SHAREHOLDING SCHEDULEAgriculture Insurance Company of India Limited

As at September 30 ,2016As at September 30 ,2017

PATTERN OF SHAREHOLDING

[As certified by the Management]

Shareholder


CIN: U74999DL2002PLC118123

SN Particulars

1 Capital Reserve 0 0 0 0

2 Capital Redemption Reserve 0 0 0 0

3 Share Premium 0 0 0 0

4 General Reserve

Opening Balance 27672613 24434932

Less: Charge on account of transitional

provisions under Accounting Standard 15

Add: Profit transferred during the year 27672613 24434932

5 Catastrophe Reserve 0 0

6 Other Reserves 0 0

Balance of Profit in Profit & Loss Account 4944056 2187156

TOTAL 32616669 26622088

(Rs in '000)

As at September 30 ,2017 As at September 30 ,2016

FORM NL-10 - RESERVES AND SURPLUS SCHEDULE



RESERVES AND SURPLUS

CIN: U74999DL2002PLC118123


1 Debentures/ Bonds 0 02 Banks 0 0

3 Financial Institutions 0 0

4 Others (to be specified) 0 0

0 0TOTAL

CIN: U74999DL2002PLC118123

FORM NL-11 - BORROWINGS SCHEDULE

BORROWINGS



(Rs.’000)


LONG TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills 11342996 11642462

2 Other Approved Securities 9164573 6956394

3 Other Investments

( a) Shares

(aa) Equity 2283031 1203206

(bb) Preference

( b) Mutual Funds

(c) Derivative Instruments

(d) Debentures/ Bonds 10191206 5999147

(e) Other Securities-Tier II Bonds(f) Subsidiaries

(g) Investment Properties-Real Estate

4 Investments in Infrastructure and Social Sector

7635746 4556997

5 Other than Approved Investments 15389 13899

Sub-total (A) 40632942 30372105

SHORT TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills 11990876.58 580304

2 Other Approved Securities 60475.12384 81090

3 Other Investments

(a) Shares

(aa) Equity

(bb) Preference

(b) Mutual Funds 6498633.416 1315271

(c) Derivative Instruments

(d) Debentures/ Bonds 1625021.382 2150000

(e) Other Securities (Commercial Papers) 10231733 19016050

(f) Subsidiaries

(g) Investment Properties-Real Estate

4 Investments in Infrastructure and Social Sector

65064.55673 1262605

5 Other than Approved Investments 0 2875629

Sub-total (B) 30471806 27280949

TOTAL 71104748 57653054

(Rs.’000)


FORM NL-12 - INVESTMENT SCHEDULE-SHAREHOLDERS

INVESTMENTS


CIN: U74999DL2002PLC118123


1 SECURITY-WISE CLASSIFICATIONSecured

(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 83123 37910

Unsecured 0 0

TOTAL 83123 37910

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) 83123 37910

TOTAL 83123 37910

3 PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard

(aa) In India 83123 37910


(b) Non-performing loans less provisions

(aa) In India 0 0


TOTAL 83123 37910

4 MATURITY-WISE CLASSIFICATION

(a) Short Term 0 0

(b) Long Term 83123 37910

TOTAL 83123 37910

FORM NL-13 LOANS SCHEDULE

LOANS



(Rs. in '000)

CIN: U74999DL2002PLC118123

Opening as at

April, 1,2017

Additions Deductions Closing as at

September 30

,2017

Up to Last

Year

For the

Period

On sale

/adjustment

Transferred to

Retained

Earning

Upto

September

30 ,2017

As at

September

30 ,2017

As at

September

30 ,2016

Goodwill

Intangibles (Computer Software) 466066 384 466450 338742 34223 0 0 372965 93485 127324

Land-Freehold 0 0 0 0 0 0 0

Leasehold Property 0 0 0 0 0 0 0

Buildings 364494 6925 371419 79925 7129 0 0 87054 284365 284569

Furniture & Fittings 16946 217 17163 12236 599 0 0 12835 4328 4710

Information Technology Equipment 161248 5588 236 166599 132712 8140 369.4068 0 140482 26117 28536

Vehicles 32552 5867 1856 36562 17382 2721 1196.3665 0 18907 17655 15170

Office Equipment 11028 614 108 11534 8824 414 20.76041 0 9217 2317 2204

Electrical Equipment & Fittings 9923 382 10305 6889 434 0 0 7323 2982 3034

Work In Progress 582731 760404 1343135 0 110 0 0 110 1343025 582731

GRAND TOTAL 1644988 780380 2200 2423169 596710 53770 1586 0 648894 1774275 1048278

PERIOD ENDED 30.09.2016 1095975 600387 51374 1644988 521488 122560 47339 0 596710 1048278 -

CIN: U74999DL2002PLC118123


Cost/Gross Block

Particulars

FORM NL-14 - FIXED ASSETS SCHEDULE

FIXED ASSETS


Depreciation Net Block


1 Cash (including cheques, drafts and stamps) 56 1086

2 Bank Balances

(a) Deposit Accounts

(aa) Short term (due within 12 months)

(i) Govt. A/c with IDBI Bank 7120846 30517686

(ii) Others(b) (i) Current Accounts 68134 108004 (ii) Others 1738611 0

3 Money at Call and Short Notice

(a) With Banks 0 0(b) With other Institutions 0 0

4 Others 0 0

TOTAL 8927647 30626776

(Rs.’000)

CASH AND BANK BALANCES

FORM NL-15 - CASH AND BANK BALANCES SCHEDULE



CIN: U74999DL2002PLC118123


ADVANCES

1 Reserve deposits with ceding companies 0 0

2 Application money for investments 0 0

3 Prepayments 18279 5571

4 Advances to Directors/Officers 3958 2773

5 Advance tax paid and taxes deducted at source

(Net of provision for taxation)

1775965 2061086

6 Others:

(a) Advance Rent paid 612 3448

(b) Sundry Advances 20052 32252

Less: Provision for premium defalcation (17833) (17833)

TOTAL (A) 1801033 2087297

OTHER ASSETS

1(a) Income accrued on investments

Accrued but not due 1494264 1772655

Accrued and due 23824 0

1(b) Income accrued on Flexi deposit 115295 0

2 Outstanding Premiums 0 0

3 Agents’ Balances 0 0

4 Due from other entities carrying on insurance

business(including reinsurers)

0 0

5 Due from subsidiaries/ holding 5379406 9365439

6 Others: 0 0

a) Sundry Deposits 89257 53088

b) Advance against Capital Assets 859612 902619

c) Short Collection 32873 57167

d) Others (Adhoc payment to Govt. of India) 2000000 2000000

e) Government Balances (Centre/States/Uts/Coffee

Board)

34135880 31675187

f) Service Tax Unutilized Credit 21242 21238

TOTAL (B) 44151653 45847393

GRAND TOTAL (A+B) 45952686 47934690

CIN: U74999DL2002PLC118123

ADVANCES AND OTHER ASSETS

FORM NL-16 - ADVANCES AND OTHER ASSETS SCHEDULE



(Rs.’000)


1 Agents’ Balances 0 0

2 Balances due to other insurance companies 42949886 47170159

3 Deposits held on re-insurance ceded 0 0

4 Premiums received in advance 0 0

5 Unallocated Premium 0 0

6 Sundry Creditors 1604011 1168631

7 Due to subsidiaries/ holding company

8 Claims Outstanding 33219130 32248118

9 Due to Officers/ Directors 0 0

10 Others:

a) Excess Collection of Premium 413906 856484

b) Expenses Payable 598542 60968

c) Earnest Money Deposit 3953 3215

d) Government (Centre/States/UTs/Coffee Board) 1579059 15243016

11 Unclaimed Amount of policyholders 2497625 38224

TOTAL 82866112 96788815

(Rs.’000)

FORM NL-17 - CURRENT LIABILITIES SCHEDULE



CIN: U74999DL2002PLC118123

CURRENT LIABILITIES


1 Reserve for Unexpired Risk 9076832 11134819

2 For taxation (less advance tax and TDS) 850300 0

3 For Proposed Dividends 0 0

4 For Dividend Distribution Tax 0 0

5 Others:

(i) Provision for Retirement Benefits 182256 159794

(ii) Provision for Doubtful Debts 47 47

(iii) Provision on Standard Assets 0 133116

(iv) Provision for Loyalty Discount 8 8

(v) Provision for Outstanding Expenses 21812 7000

(vi) Provision for Purchase 5722 10184

(vii) Reserve for Premium Deficiency

TOTAL 10136977 11444968

(Rs.’000)

FORM NL-18 - PROVISIONS SCHEDULE



CIN: U74999DL2002PLC118123

PROVISIONS


1 Discount Allowed in issue of

shares/ debentures0 0

2 Others :

(i) Research & Development

Expenses 0 0

(ii) Preliminary Expenses 0 0

(Rs.’000)

CIN: U74999DL2002PLC118123

MISCELLANEOUS EXPENDITURE

FORM NL-19 - MISCELLANEOUS EXPENDITURE SCHEDULE

(To the extent not written off or adjusted)



SN Particular

Reserves for

unexpired

risks

Reserve for

Outstanding

Claims

IBNR

Reserves

Total

Reserves

Reserves for

unexpired

risks

Reserve for

Outstanding

Claims

IBNR

ReservesTotal 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 90768 105694 234768 431230 78698 150751 117011 346461

5 Total Liabilities 90768 105694 234768 431230 78698 150751 117011 346461

FORM NL-21 - STATEMENT OF LIABILITIES

Period Ended September 30, 2017

Agriculture Insurance Company of India LimitedRegistration No. 126 and Date of Registration with the IRDA:30.10.2003

STATEMENT OF LIABILITIES

(Rs. in Lakh)

Period Ended September 30, 2016

CIN: U74999DL2002PLC118123

For the Quarter Upto the Quarter For the Quarter Upto the Quarter

Andhra Pradesh 23619.96 23696.41 23619.96 23696.41

Arunachal Pradesh 0.00 0.00 0.00 0.00

Assam 0.12 0.12 0.12 0.12

Bihar 36622.75 36622.75 36622.75 36622.75

Chhattisgarh -0.02 -0.35 -0.02 -0.35

Goa 0.00 0.00 0.00 0.00

Gujarat 86508.18 86509.69 86508.18 86509.69

Haryana 0.00 0.00 0.00 0.00

Himachal Pradesh 225.23 1207.15 225.23 1207.15

Jammu & Kashmir 0.00 0.00 0.00 0.00

Jharkhand 0.00 0.01 0.00 0.01

Karnataka 30470.59 30560.93 30470.59 30560.93

Kerala 763.39 785.76 763.39 785.76

Madhya Pradesh 150048.42 150267.81 150048.42 150267.81

Maharasthra 98700.66 98701.46 98700.66 98701.46

Manipur 0.00 0.00 0.00 0.00

Meghalaya 0.00 0.00 0.00 0.00

Mizoram 0.00 0.00 0.00 0.00

Nagaland 0.00 0.00 0.00 0.00

Orissa 14857.38 14857.38 14857.38 14857.38

Punjab 0.00 0.00 0.00 0.00

Rajasthan 79680.76 80494.22 79680.76 80494.22

Sikkim 0.00 0.00 0.00 0.00

Tamil Nadu 1246.54 2305.63 1246.54 2305.63

Telangana 8148.84 8148.84 8148.84 8148.84

Tripura 0.00 0.00 0.00 0.00

Uttar Pradesh 386.94 1286.66 386.94 1286.66

Uttrakhand 240.78 3284.51 240.78 3284.51

West Bengal 16782.76 13591.96 16782.76 13591.96

Andaman & Nicobar Is. 0.00 0.00 0.00 0.00

Chandigarh 0.00 0.00 0.00 0.00

Dadra & Nagra Haveli 0.00 0.00 0.00 0.00

Daman & Diu 0.00 0.00 0.00 0.00

Delhi 0.00 0.00 0.00 0.00

Lakshadweep 0.00 0.00 0.00 0.00

Puducherry 0.00 0.00 0.00 0.00

Total 548303.27 552320.95 548303.27 552320.95

FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS



CIN: U74999DL2002PLC118123

GROSS UNDERWRITTEN PREMIUM FOR AND UPTO THE QUARTER ENDED SEPTEMBER 30 ,2017

(Rs. in Lakh)

STATESCrop Insurance Grand Total

(Rs in Lakhs)

S.No. Reinsurance Placements

Proportional Non-Proportional Facultative

1 No. of Reinsurers with rating of AAA and above 0 0.00 0.00 0.00 0.00

2 No. of Reinsurers with rating AA but less than AAA 6 14404.81 1384.41 0.00 3.69

3 No. of Reinsurers with rating A but less than AA 42 68001.68 4383.76 0.00 16.91

4 No. of Reinsurers with rating BBB but less than A 2 1650.92 104.41 0.00 0.41

5 No. of Reinsurers with rating less than BBB 0 0.00 0.00 0.00 0.00

6 No. of Indian Reinsurers 10 330129.67 7914.25 2.09 78.99

Total 60 414187.08 13786.83 2.09 100.00

for the Quarter ending September 30 ,2017

Reinsurance Risk Concentration

No. of

reinsurers

Premium ceded to reinsurers Premium ceded to

reinsurers / Total

reinsurance

premium ceded

(%)

PERIODIC DISCLOSURESFORM NL-23

Agriculture Insurance Company of India Ltd.


CIN: U74999DL2002PLC118123

(Rs in Lakhs)

Line of BusinessTotal No. of

claims paid

Total amount

of claims paid

1 month 1 - 3 months 3 - 6 months 6 months - 1 year > 1 year

1 Fire

2 Marine Cargo

3 Marine Hull

4 Engineering

5 Motor OD

6 Motor TP

7 Health

8 Overseas Travel

9 Personal Accident

10 Liability

11 Crop 291130 582273 48004 361611 912456 2195474 130402

12 Miscellaneous

FORM NL-24 AGEING OF CLAIMS

PERIODIC DISCLOSURES

Ageing of Claims for the Quarter ending September 30 ,2017

Sl.No.No. of claims paid


CIN: U74999DL2002PLC118123


No. of claims only

Sl. No. Claims Experience Crop Total

1 Claims O/S at the beginning of the period 5977609 5977609

2 Claims reported during the period 859006 859006

3 Claims Settled during the period 2195474 2195474

4 Claims Repudiated during the period 0 0

5 Claims closed during the period 59278 59278

6 Claims O/S at End of the period 4581863 4581863

Less than 3months 914304 914304

3 months to 6 months 909937 909937

6months to 1 year 347255 347255

1year and above 2410367 2410367



CIN :U74999DL2002PLC118123

Quarterly claims data for the quarter ending September 30 ,2017

FORM NL-25 Quarterly claims data for Non-Life


1 Fire

2 Marine Cargo

3 Marine Hull

4 Motor

5 Engineering

6 Aviation

7 Laibilities

8 Others-Crop Insurance 796335 181536 740618 212925 79634 111093 111093

9 Health

Total 796335 181536 740618 212925 79634 111093 111093

RSMGross Premium Net PremiumGross incurred

Claims

Net incurred

ClaimsRSM-1 RSM-2

FORM NL-26- CLAIMS INFORMATION -KG TABLE I



(Rs. in Lakh)

SN Description

PREMIUM

CIN: U74999DL2002PLC118123

CLAIMS

Sl. No.

1

2

3 Out of approvals of previous year

4 Out of approvals of this year

5

6

7

8

9

The above figure includes 1 Head Office at Delhi, 18 Regional Offices at various locations and 1 One Man Office at Shimla.


Office Information Number

No. of offices at the beginning of the year 19

No. of branches approved during the year 0

FORM NL-27

Agriculture Insurance Company of India Ltd

CIN: U74999DL2002PLC118123

No. of branches opened during the year1

0

Office Information as on September 30 ,2017


No. of rural branches 0

No. of urban branches 20

No. of branches closed during the year 0

No of branches at the end of the year 20

No. of branches approved but not opened 0

Rs. In Lakhs

(Rs. in Lakh)

No PARTICULARS SCH AMOUNT1 Investments 8 711044.78

2 Loans 9 831.23

3 Fixed Assets 10 17742.75

4 Current Assets

a. Cash & Bank Balance 11 89276.47

b. Advances & Other Assets 12 459526.86

5 Current Liabilities

a. Current Liabilities 13 828661.12

b. Provisions 14 101369.77

c. Misc. Exp not Written Off 15 0.00

d. Debit Balance of P&L A/c 0.00

Application of Funds as per Balance Sheet (A) 2208452.98

Less: Other Assets SCH AMOUNT1 Loans (if any) 9 831.23

2 Fixed Assets (if any) 10 17742.75

3 Cash & Bank Balance (if any) 11 89276.47

4 Advances & Other Assets (if any) 12 459526.86

5 Current Liabilities 13 828661.12

6 Provisions 14 101369.77

7 Misc. Exp not Written Off 15 0.00

8 Debit Balance of P&L A/c 0.00

TOTAL (B) 1497408.20

'Investment Assets' As per FORM 3B (A-B) 711044.78

Balance FRSM+

(a) (b) (c) d = (b+c) (e) (f) g= (d + f)

1 G. Sec. Not less than 20% 0 69371.60 163967.12 233338.73 32.92% 0 233338.73 239390.53

2 G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% 0 96797.67 228791.54 325589.21 45.93% 0 325589.21 336627.63

3 Investment subject to Exposure Norms

1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% 0 38381.13 90717.87 129099.00 18.21% 0 129099.00 132443.31

2. Approved Investments Not exceeding 55% 0 75443.30 178318.23 253761.54 35.80% 2441.15 256202.69 286665.26

3. Other Investments (not exceeding 25%) Not exceeding 25% 0 116.56 275.51 392.08 0.06% -238.19 153.89 153.89Total Investment Assets 100.00% 0 210738.67 498103.14 708841.82 100.00% 2202.97 711044.78 755890.08

*All securities are considered to be on the basis of 'Held to Maturity'.

FORM NL-28-STATEMENT OF ASSETS - 3B

Statement as on: September 30 ,2017

Statement of Investment Assets (General Insurer, Re-insurers)

(Business within India)

Periodicity of Submission: Quarterly

Reg. %

SH

AGRICULTURE INSUARNCE COMPANY OF INDIA LIMITED

CIN: U74999DL2002PLC118123


FVC Amount Total *Market Value

(h)No 'Investment' represented as

% ActualPH Book Value (SH + PH)

(Rs in Lakhs)

As at

September 30

,2017

as % of total

for this class

As at

September

30 ,2016

as % of total for this

class

As at

September

30 ,2017

As % of total

for this class

As at

September

30 ,2016

As % of total

for this class

Break down by credit rating

AAA rated 472098.49 70.68% 302441.07 56.24% 457877.25 73.49% 288527.94 55.17%

AA or better 93506.40 14.00% 44683.05 8.31% 62882.34 10.09% 43762.05 8.37%

Rated below AA but above A

Rated below A but above B 504.00 0.09% 500.33 0.10%

Any other 102314.66 15.32% 190160.50 35.36% 102314.66 16.42% 190160.50 36.36%

BREAKDOWN BY

RESIDUALMATURITY

Up to 1 year 239984.38 35.93% 231955.69 43.13% 239729.04 38.48% 231400.82 44.25%

more than 1 yearand upto 3

years169572.22 25.39% 77624.37 14.43% 137024.33 21.99% 75684.00 14.47%

More than 3years and up to 7

years170717.58 25.56% 123900.76 23.04% 163200.93 26.19% 118828.18 22.72%

More than 7 years and up to 10

years77878.57 11.66% 82630.30 15.36% 73684.88 11.83% 76634.90 14.65%

above 10 years 9766.80 1.46% 21677.50 4.03% 9435.07 1.51% 20402.92 3.90%

Breakdown by type of the

issurer

a. Central Government 239390.53 35.84% 128457.01 23.89% 233338.74 37.45% 122227.67 23.37%

b. State Government 97237.10 14.56% 75513.12 14.04% 92250.48 14.81% 70374.84 13.46%

c.Corporate Securities 331291.92 49.60% 333818.49 62.07% 297485.03 47.74% 330348.31 63.17%

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.


Detail Regarding debt securitiesMARKET VALUE BOOK VALUE

2. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment regulations.

FORM NL-29

Agriculture Insurance Company of India Ltd

CIN: U74999DL2002PLC118123


SN ParticularsQuarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

1 Gross Direct Premium Growth Rate 27.08% 21.21% 141.56% 134.52%

2 Gross Direct Premium to Net Worth Ratio (In Times)* 1.68 1.69 1.62 1.71

3 Growth Rate of Net Worth* 32.44% 22.52% 20.92% 32.97%

4 Net Retention Ratio 22.51% 22.64% 23.01% 26.66%

5 Net Commission Ratio -33.55% -33.08% -37.10% -30.48%

6 Expenses of Management to Gross Direct Premium Ratio 1.20% 1.68% 1.48% 2.04%

7 Expense of Management to Net Written Premium Ratio 5.33% 7.40% 6.44% 7.65%

8 Net Incurred Claims to Net Earned Premium 109.92% 91.80% 119.00% 115.38%

9 Combined Ratio 80.82% 65.17% 88.36% 92.55%

10 Technical Reserves to Net Premium Ratio (in Times) 3.50 3.45 0.95 3.57

11 Underwriting Balance Ratio (in Times) 0.22 0.35 0.12 0.07

12 Operating Profit Ratio 39.42% 50.67% 18.12% 18.69%

13 Liquid Assets to Liabilities Ratio (in Times) 0.45 0.91 3.15 1.33

14 Net Earnings Ratio 20.88% 39.48% 15.53% 18.01%

15 Return on Net Worth* 7.90% 15.16% 5.79% 8.22%

16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* 2.59 1.56

17 NPA Ratio 0.00 0.00 0.00 0.00

1 (a) No. of shares

2 (b) Percentage of shareholding (Indian / Foreign)

3( c) %of Government holding (in case of public sector insurance

companies)

4(a) Basic and diluted EPS before extraordinary items (net of tax expense)

for the period (not to be annualized)

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)

100% held by Govt. Corporation/Companies/Bank

24.72 10.94

Rs. 10/- Per Share

100%

Equity Holding Pattern for Non-Life Insurers

200000000

CIN: U74999DL2002PLC118123

FORM NL-30 ANALYTICAL RATIOS



ANALYTICAL RATIOS FOR NON-LIFE COMPANIES

(Rs in Lakhs)

Quarter Ended

September 30 ,2017

Period Ended

September 30 ,2017

Quarter Ended

September 30 ,2016

Period Ended

September 30 ,2016

1 General Insurance Corpn of India 0 149631.11 724.94 3488.87

2 General Insurance Corpn of India 3.43 869.89 0.00 0.00

3 New India Assurance Company 0 0 252.79 252.79

4 National Insurance Company 0 0 0 0

5 Oriental Insurance Company 0 0 0 0

6 United India Insurance Company 0 0 0 0

*including the premium flow through Associates/ Group companies as an agent

Note: At Sl No. 2 figures shown pertain to RI Premium received from GIC Re in respect of Inward Reinsurance Accepted

Note:At Sl No. 1,3,4,5 & 6 petain to RI Premium paid to GIC & GIPSA Cos in respect of Outward Reinsurance Ceded

Consideration paid / received*

PERIODIC DISCLOSURESFORM NL-31: Related Party Transactions



CIN: U74999DL2002PLC118123

Related Party Transactions

Shareholder Reinsurance

Sl.No. Name of the Related PartyNature of Relationship

with the Company

Description of

Transactions /

Categories

List below the products and/or add-ons introduced during the period

Sl. No. Name of Product Co. Ref. No. IRDA Ref.no. Class of

Business*

Category of

product

Date of filing of

Product

Date IRDA

confirmed

filing/ approval

1 NIL NIL NIL NIL NIL NIL NIL


Products Information

FORM NL-32 Products Information

Agriculture Insurance Company of India

CIN: U74999DL2002PLC118123


SN DescriptionNotes

No.Amount

(1) (2) (3) (4)

1 Available Assets in Policyholders’ Funds (adjusted value 1 955984

of Assets as mentioned in Form IRDA-Assets-AA):

Deduct:

2 Liabilities (reserves as mentioned in Form HG) 2 340462

90768

3 Other Liabilities (other liabilities in respect of 3 498801

Policyholders’ Fund as mentioned in Balance Sheet)

4 Excess in Policyholders’ Funds (1-2-3) 4 25954

5 Available Assets in Shareholders’ Funds (value of 5 261570

Assets as mentioned in Form IRDA-Assets-AA):

Deduct:

6 Other Liabilities (other liabilities in respect of 6 0

Shareholders’ Fund as mentioned in Balance Sheet)

7 Excess in Shareholders’ Funds (5-6) 7 261570

8 Total Available Solvency Margin [ASM] (4+7) 287523

9 Total Required Solvency Margin [RSM] 111093

10 Solvency Ratio (Total ASM/Total RSM) 2.59

FORM NL-33 SOLVENCY MARGIN



SOLVENCY FOR THE PERIOD ENDING SEPTEMBER 30 ,2017

AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO

(Rs. in lakh)

CIN: U74999DL2002PLC118123

SN Name of Person Schedule Details of change in the period

1 Ms. T. L. Alamelu Chairman-cum-Managing Director Joined on 31st May 2017

Mr. R. N. Dubey Chairman-cum-Managing Director Ceased to hold office w.e.f. 31st May 2017

2 Mr. K. N. Bhandari Director No Change during the reported period

3 Prof. Gopal Naik Director No Change during the reported period

4 Mr. Manish Gupta Director No Change during the reported period

5 Mr Alice G. Vaidyan Director Joined on 29th September 2016

6 Mr. M. K. Mudgal Director Joined on 6th June 2017

Dr. B. G. Mukhopadyay Director Ceased to hold office w.e.f. 6th June 2017

7 Mr. K. Santhkumar Director Joined on 10th August 2016

8 Mr. G. Srinivasn Director Joined on 27th October 2016

9 Mr. A. V. GirijaKumar Director Joined on 6th June 2017

10 Mr Sujay Banarji Director Ceased to hold office w.e.f. 6th June 2017

11 Mr M N Sarma Director Appointed on 22nd September 2017


Board of Directors

FORM NL-34 : Board of Directors and Key Person information



BOD and Key Person* information as on September 30 ,2017

CIN :U74999DL2002PLC118123

%

Has there

been

revision?

AmountBoard

Approval Ref

NIL


FORM NL-35-NON PERFORMING ASSETS-7A

AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED

CIN: U74999DL2002PLC118123

Statement as on: September 30, 2017

Details of Investment Portfolio

Periodicity of Submission : Quarterly

COI Company NameInstrument

Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Has there been any

Principal

ClassificationProvision

(%)Provision (Rs)

Default

Interest

(Book Value)

Principal

Due from

Interest Due

from

Deferred

Principal

Deferred

Interest

Rolled

Over?

Book Value Market Value* Book Value Market Value** Book Value Market Value

A1 CENTRAL GOVERNMENT BONDS CGSB 1,20,424.27 1,26,919.08 2,395.79 1.99 1.99 1,20,785.50 1,26,866.73 4,811.37 3.98 3.98 1,25,392.96 1,27,933.38 4,988.63 3.98 3.98

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 0.00 0.00 0.00 0.00 0.00

A5 TREASURY BILLS CTRB 1,31,227.15 1,30,615.04 2,015.19 1.54 1.54 1,30,820.31 1,30,224.10 3,984.58 3.05 3.05 2,481.89 2,463.30 36.70 1.48 1.48

B1 STATE GOVERNMENT BONDS SGGB 82,181.43 87,446.19 1,727.34 2.10 2.10 79,890.90 85,058.97 3,361.30 4.21 4.21 70,350.83 73,243.43 3,014.63 4.29 4.29

C5 BONDS / DEBENTURES ISSUED BY HUDCO HTHD 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,000.00 1,005.44 45.25 4.53 4.53

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 46,781.16 47,736.94 958.21 2.05 2.05 44,424.03 45,276.45 1,960.45 4.41 4.41 36,963.33 37,558.44 1,717.05 4.65 4.65

C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD 4,262.00 4,273.15 80.45 1.89 1.89 4,262.00 4,249.64 160.02 3.75 3.75 4,262.00 4,066.75 159.58 3.74 3.74

D08 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPTD 16,952.52 17,420.20 371.57 2.19 2.19 18,033.89 18,526.95 773.55 4.29 4.29 20,494.07 21,048.48 872.43 4.26 4.26

D10INFRASTRUCTURE - OTHER CORPORATE SECURITIES -

DEBENTURES/ BONDSICTD 49,845.57 51,015.52 1,055.08 2.12 2.12 48,239.36 49,231.20 2,043.83 4.24 4.24 30,437.97 30,997.09 1,416.38 4.65 4.65

D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD 12,002.62 12,115.47 226.80 1.89 1.89 12,002.65 12,060.43 451.13 3.76 3.76 12,002.96 11,586.98 449.99 3.75 3.75

E1 PSU - EQUITY SHARES - QUOTED EAEQ 5,856.47 6,834.34 26.63 0.45 0.45 6,093.54 6,887.64 325.59 5.34 5.34 4,736.35 3,808.35 145.01 3.06 3.06

E17

DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS

(INCL. BANK BALANCE AWAITING INVESTMENT), CCIL,

RBI

ECDB 1,33,084.15 1,33,084.15 1,566.28 1.18 1.18 1,45,553.84 1,45,553.84 4,355.57 2.99 2.99 1,93,610.29 1,93,610.29 7,805.28 4.03 4.03

E2CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)-

QUOTEDEACE 14,001.86 15,904.26 94.73 0.68 0.68 13,220.11 14,469.39 203.88 1.54 1.54 7,365.44 6,733.86 160.80 2.18 2.18

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 0.00 0.00 0.00 0.00 0.00 1.58 0.00 0.00

E25PERPETUAL DEBT INSTRUMENTS OF TIER I & II

CAPITAL ISSUED BY PSU BANKSEUPD 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

E26PERPETUAL DEBT INSTRUMENTS OF TIER I & II

CAPITAL ISSUED BY NON-PSU BANKSEPPD 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

E30 MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES EGMF 22,771.58 35,480.47 17.12 0.08 0.08 22,771.58 35,480.47 17.12 0.08 0.08 12,003.51 16,914.73 174.37 1.45 1.45

E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT 62,171.13 63,595.19 2,214.45 3.56 3.56 60,584.90 61,855.74 3,490.81 5.76 5.76 45,288.98 45,912.24 2,082.40 4.60 4.60

F12 EQUITY SHARES (PSUS & UNLISTED) OEPU 392.67 141.68 -2.47 -0.63 -0.63 393.74 157.83 -2.47 -0.63 -0.63 394.83 128.86 1.96 0.50 0.50

F14MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS /

LIQUID SECEMESOMGS 75,015.59 21,28,931.04 787.29 1.05 1.05 84,115.15 13,34,875.44 1,743.39 2.07 2.07 15,721.75 19,055.07 262.47 1.67 1.67

F01 BONDS - PSU - TAXABLE OBPT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 500.53 504.52 21.97 4.39 4.39

PASSIVELY MANAGED EQUITY ETF (NON PROMOTER

GROUP)EETF 498.48 438.23 0.00 0.00 0.00 496.66 462.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL 7,77,468.65 28,61,950.93 13,534.45 1.74 1.14 7,91,688.17 20,71,237.53 27,680.12 3.50 2.29 5,83,007.68 5,96,571.23 23,356.49 4.01 2.70

FORM NL-36-YIELD ON INVESTMENTS

AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED

Statement as on September 30 ,2017

CIN: U74999DL2002PLC118123

Statement of Investment and Income on Investment



No. Category of InvestmentCategory

Code

Current Quarter

Rs. Lakhs

Investment (Rs.)Income

Gross

Yield

(%)¹

Net

Yield

(%)²



Gross

Yield (%)¹

Net Yield

(%)²

Year to Date Previous Year

Gross Yield

(%)¹

Net

Yield

(%)²

Rs. Lakhs

No Name of the Security COI AmountDate of

Purchase

Rating

Agency

Original

Grade

Current

Grade

Date of

DowngradeRemarks

A. During the Quarter ¹

8.75% SAIL NCB 23-04-2020 EPBT 10.00 31-03-2012 CARE AA+ AA 01-07-2017

B. As on Date ²

8.75% SAIL NCB 23-04-2020 EPBT 10.00 31-03-2012 CARE AAA AA+ 01-01-2016

FORM NL-37-DOWN GRADING OF INVESTMENT

AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED

CIN: U74999DL2002PLC118123

Statement as on: September 30 ,2017

Statement of Down Graded Investments



Sr. No Line of Business 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* 548303.27 90,19,056 431261.91 2882888 552320.95 9067401 455837.70 3071162

Note:

1. Premium stands for amount of premium

2. The line of business which are not applicable for any company should be filled up with NA.

Figure '0' in those fields will imply no business in the segment.

*any other segment contributing more than 5% of the total premium needs to be shown separately

PERIODIC DISCLOSURESFORM NL-38 Quarterly Business Returns across line of Business


CIN: U74999DL2002PLC118123

S.NO. Line of Business

Quarter ended

September 30 ,2017

Quarter ended

September 30 ,2016


Period ended

September 30 ,2017

Period ended

September 30 ,2016

(Rs. In Lakhs) Business Returns across line of Business

(Rs in Lakhs)

Sl.No. Line of Business Particular 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 9019056 548303.27 93,78,810.07

Social 0 0 0

*any other segment contributing more than 5% needs to be shown separately


Rural & Social Obligations (Quarterly Returns)

1 Fire

2 Cargo & Hull

FORM NL-39 Rural & Social Obligations

3 Motor TP

4 Motor OD


CIN: U74999DL2002PLC118123


5 Engineering

6 Workmen's Compensation

7 Employer's Liability

11 Others*

8 Aviation

9 Personal Accident

10 Health

1 Individual agents 0 0.00 0 0 0 0 0 0

2 Corporate Agents-Banks 0 0.00 0 0 0 0 0 0

3 Corporate Agents -Others 0 0.00 0 0 0 0 0 0

4 Brokers 885406 8230.28 12324 600.97 825887 5115.23 13114 630.08

5 Micro Agents 19061 451.34 0 0.00 67125 2667.20 2 0.08

6 Direct Business 102375 445.23 36824 124342.70 103527 478.16 37500 124426.76

7 Other 8012214 539176.42 2833740 306318.24 8070862 544060.36 3020546 330780.78

Total (A) 9019056 548303.27 2882888 431261.91 9067401 552320.95 3071162 455837.70

1 Referral (B) 0 0.00 0 0.00

Grand Total (A+B) 9019056 548303.27 2882888 431261.91 9067401 552320.95 3071162 455837.70

Note:

2. No of Policies stand for no. of policies sold

Premium No. of Policies Premium No. of Policies PremiumSl.No.

Business Acquisition through different channels

Channels

Quarter ended

September 30 ,2017

Quarter ended

September 30 ,2016

Period Ended

September 30 ,2017

Period Ended

September 30 ,2016

No. of Policies Premium No. of Policies

PERIODIC DISCLOSURESFORM NL-40 Business Acquisition through different channels



CIN: U74999DL2002PLC118123

(Rs in Lakhs)

Fully

Accepted

Partial

AcceptedRejected

1 Complaints made by customers

a) Proposal Related 0 0 0 0 0 0 0

b) Claim 20 134 33 7 91 23 220

c) Policy Related 0 0 0 0 0 0 0

d) premium 0 1 0 0 1 0 1

e) Refund 0 0 0 0 0 0 0

f) Coverage 0 4 0 0 4 0 4

g) Cover Note related 0 0 0 0 0 0 1

h) Products/Scheme 0 2 0 1 0 1 3

i) others 0 42 0 0 42 0 97

Total Number 20 183 33 8 138 24 326

2 Total No. of Policies during

Previous year NA

3 Total No. of Claims during Previous

year NA

4Total No. of Policies during Current

year NA

5Total No. of Claims during Current

year NA

6 Total No. of Policy Complaints

(current year) per 10,000/-policies

(current year) NA

7 Total No. of Claims Complaints

(Current year ) per 10,000/-claims

registered (current year) NA

8 Duration wise Pending Status

Complaints

made by the

Customer

Complaints

made by

intermediaries Total

a) < 15 days 3 0 3

b) 16 - 30days 0 0 0

c) >30 days 21 0 21

Total Number 24 0 24

*Total

Complaints

registered upto

the quarter

during the

* Includes balance 12 complaints of FY 2015-16 & 2 complaints of FY 16-17

FY 2017-18 as on 30.09.2017

FORM NL-41 Grievance Disposal

Insurer -Agriculture Insurance Company of India Limited Date: 09.10.2017


GRIEVANCE DISPOSAL STATEMENT AS on 30.09.2017

SN Particulars

Opening Balance

as on begining of

the quarter

Additions during

the quarter

Complaints Resolved/setteled Complaints

Pending at the

end of the

quarter

form nl-1-b-ra agriculture insurance company of … nl-1-b-ra agriculture insurance company of india...

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