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FORM NL-1-B-RA

(Rs. in '000s)

FORM NL-1-B-RA
Name of the Insurer:

TATA AIG GENERAL INSURANCE COMPANY LIMITED

IRDA Registration No. 108, dated January 22, 2001

REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2013


Particulars

Schedu
le

Premium earned (Net)

NL-4Premi
um
Sched

Profit/ Loss on
sale/redemption of
Investments
Others
Co-insurance Administration
income
Amortisation of Investments
Interest, Dividend & Rent

TOTAL (A)

Year Ended
March 31, 2013

Year Ended
March 31, 2012

Fire
188,547

Marine
1,642,449

Miscellaneous
12,046,360

Total
13,877,356

Fire
185,844

Marine
1,383,820

Miscellaneous
9,273,491

Total
10,843,155

2,655

11,798

75,511

89,964

1,335

5,750

50,875

57,960

56
3,204

265
361

2,011
1,894

2,332
5,459

61
1,974

393
360

2,851
1,858

3,305
4,192

(1,353)

(6,014)

(38,492)

(45,859)

(1,147)

(4,940)

(27,414)

(33,501)

82,753

174,367

1,116,029

1,373,149

57,932

100,261

897,390

1,055,583

275,862

1,823,226

13,203,313

15,302,401

245,999

1,485,644

10,199,051

11,930,694

127,587

1,142,351

8,415,851

9,685,789

110,918

1,121,940

7,462,529

8,695,387

Claims Incurred (Net)

NL-5Claims
Sched
ule

Commission

NL-6Commi
ssi on
Schedu
le

(439,227)

213,600

342,322

116,695

(258,497)

193,562

312,370

247,435

Operating Expenses
related to Insurance
Business

NL-7Operati
ng
Expens
es

173,014

299,115

4,136,406

4,608,535

143,262

291,313

3,305,428

3,740,003

2,912

2,912

(2,541)

(2,541)

6,589

124

1,210

7,923

4,123

106

626

4,855

(132,037)
407,899

1,655,190
168,036

(123)
12,898,578
304,735

(123)
14,421,731
880,670

(194)
246,193

1,606,921
(121,277)

9,611
11,088,023
(888,972)

9,611
12,694,750
(764,056)

407,899

168,036

304,735

880,670

246,193

(121,277)

(888,972)

(764,056)

407,899

168,036

304,735

880,670

246,193

(121,277)

(888,972)

(764,056)

Contribution towards Solatium


Fund
Premium Deficiency
Co-insurance Administration
Fees
Motor pool Administration Fees
TOTAL (B)
Operating Profit/(Loss)
from
Fire/Marine/Miscellaneo
us
Business C= (A - B)
APPROPRIATIONS
Transfer to Shareholders
Account

Transfer to Catastrophe Reserve


Transfer to Other Reserves
(to be specified)
TOTAL (C)

FORM NL-1-B-RA

(Rs. in '000s)
Name of the Insurer:

TATA AIG GENERAL INSURANCE COMPANY LIMITED

IRDA Registration No. 108, dated January 22, 2001

REVENUE ACCOUNT FOR THE QUARTER ENDED MARCH 31, 2013


Particulars

Schedu
le

Premium earned (Net)

NL-4Premi
um
Sched

Quarter
Ended
March 31,
Marine 2013
Miscellaneous

Fire

Quarter
Ended March
31, 2012

37,709

398,341

3,309,162

Total
3,745,212

Profit/ Loss on
sale/redemption of
Investments
Others
Co-insurance Administration
income
Amortisation of Investments

1,724

7,526

48,054

17
407

61
45

(386)

Interest, Dividend & Rent


TOTAL (A)

Fire
38,973

Marine
353,304

Miscellaneous
2,640,659

Total
3,032,936

57,304

61

275

(1,611)

(1,275)

555
393

633
845

(2)
301

19
157

289
445

306
903

(1,575)

(9,963)

(11,924)

(350)

(1,514)

(6,772)

(8,636)

55,531

49,415

312,941

417,887

41,794

30,903

231,153

303,850

95,002

453,813

3,661,142

4,209,957

80,777

383,144

2,864,163

3,328,084

28,583

373,220

2,468,464

2,870,267

41,532

263,003

3,264,976

3,569,511

Claims Incurred (Net)

NL-5Claims
Sched
ule

Commission

NL-6Commi
ssi on
Schedu
le

(65,331)

55,326

58,665

48,660

(32,467)

48,508

52,491

68,532

Operating Expenses
related to Insurance
Business

NL-7Operati
ng
Expens
es

50,809

76,011

1,175,501

1,302,321

29,033

81,963

856,024

967,020

875

875

3,052

73

583

17,113

504,630

3,704,088

Contribution towards Solatium


Fund
Premium Deficiency
Co-insurance Administration
Fees
Motor pool Administration Fees
TOTAL (B)

334

334

3,708

478

35

81

594

4,225,831

38,576

393,509

594
4,174,500

594
4,606,585

FORM NL-1-B-RA
Operating Profit/(Loss)
from
Fire/Marine/Miscellaneo
us
Business C= (A - B)
APPROPRIATIONS

77,889

(50,817)

(42,946)

(15,874)

42,201

(10,365)

(1,310,337)

(1,278,501)

Transfer to Shareholders
Account

77,889

(50,817)

(42,946)

(15,874)

42,201

(10,365)

(1,310,337)

(1,278,501)

77,889

(50,817)

(42,946)

(15,874)

42,201

(10,365)

(1,310,337)

(1,278,501)

Transfer to Catastrophe Reserve


Transfer to Other Reserves
(to be specified)
TOTAL (C)
FORM NL-2-B-PL
Name of the Insurer:

TATA AIG GENERAL INSURANCE COMPANY LIMITED

IRDA Registration No. 108, dated January 22, 2001


PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2013
Particulars
Schedu
le
1

(a)
(b)

Fire Insurance
Marine Insurance
Miscellaneous Insurance

Interest, Dividend & Rent Gross


Profit on sale of investments
Less: Loss on sale of investments
(c) Amortization of Debt Securities

OTHER INCOME
Claims Service Fees
Provision of earlier year written back
Miscellaneous

Quarter
Ended
March
31,
(Rs.000)

407,899
168,036
304,735

77,889
(50,817)
(42,946)

246,193
(121,277)
(888,972)

42,201
(10,365)
(1,310,337)

535,499
140,588
(104,356)
(18,469)

135,105
72,121
(49,578)
(4,245)

315,118
29,788
(11,714)
(15,528)

92,517
12,215
(11,714)
(4,531)

5,608
72,778
1,882

1,618
579

5,978
71,721
1,483

1,786
71,721
588

PROVISIONS (Other than taxation)

(a)
(b)
5

Year Ended
March 31, 2012
(Rs.000)

INCOME FROM INVESTMENTS

(a)
(b)

Quarter
Ended
March
31,
(Rs.000)

OPERATING PROFIT/(LOSS)

(c )
2

Year Ended
March 31,
2013
(Rs.000)

For diminution in the value of investments


For doubtful debts

17,658

17,658

13,150

13,150

706
713
-

425
914
-

500
468
68,798
347

80
377
68,798
347

1,495,123

120,729

OTHER EXPENSES

(a) Expenses other than those related to Insurance


Business
Amortization of Pre-operative Expenditure
Donation
(Profit) / Loss on Sale / Write off of Fixed Assets (Net)
(c)

(b)

Bad debts written off


Others

Profit Before Tax

(450,473)

(1,198,671)

Provision for Taxation

(a)
(b)
(c)

Current tax
Wealth Tax
Adjustment for earlier years

Profit ! (Loss) After Tax

170,964
115
11,624

12,448
115
(19,997)

1,053,596

108,947

74
(285,820)

(152,343)
74
(795,355)

FORM NL-1-B-RA

APPROPRIATIONS

(a)
(b)
(c)
(d)

Interim dividends paid during the year


Proposed final dividend
Dividend distribution tax
Transfer to any Reserves or Other Accounts

Balance of profit! loss brought forward from prior


period
Balance carried forward to Balance Sheet

(23,789)

920,860

262,031

771,566

1,029,807

1,029,807

(23,789)

(23,789)

FORM NL-3-B-BS
Name of the Insurer:

Tata AIG General Insurance Co. Ltd.

IRDA Registration No. 108, dated January 22, 2001


BALANCE SHEET AS AT MARCH 31, 2013

Schedule

As at
March 31, 2013
(Rs.000)

As at
March 31, 2012
(Rs.000)

SOURCES OF FUNDS
SHARE CAPITAL

NL-8-Share
Capital
Schedule

SHARE APPLICATION MONEY PENDING ALLOTMENT


RESERVES AND SURPLUS

FAIR VALUE CHANGE ACCOUNT


BORROWINGS

5,050,000

NL-10-Reserves
and Surplus
Schedule

NL-11-Borrowings
Schedule

TOTAL

4,500,000

1,181,044

127,448

(31,623)

(134,903)

6,199,421

4,492,545

24,352,076

18,868,741

APPLICATION OF FUNDS
INVESTMENTS

NL-12-Investment
Schedule

LOANS

NL-13-Loans Schedule

FIXED ASSETS

NL-14-Fixed
Assets Schedule

DEFERRED TAX ASSET


CURRENT ASSETS
Cash and Bank Balances
Advances and Other Assets

Sub-Total (A)

NL-15-Cash and
bank balance
Schedule
NL-16-Advances and
Other Assets Schedule

923,010

298,616

24,771

283,595

1,515,503

1,071,891

3,024,666

2,138,972

4,540,169

3,210,863

FORM NL-1-B-RA
CURRENT LIABILITIES

NL-17-Current
Liabilities Schedule

PROVISIONS

NL-18-Provisions
Schedule

DEFERRED TAX LIABILITY

15,770,714

11,447,544

7,869,891

6,721,726

Sub-Total (B)
NET CURRENT ASSETS (C) = (A - B)
NL-19Miscellaneous
Expenditure

MISCELLANEOUS EXPENDITURE (to the extent not written off or


adjusted)
DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
TOTAL

23,640,605

18,169,270

(19,100,436)

(14,958,407)

6,199,421

4,492,545
-

CONTINGENT LIABILITIES
Particulars

1
2
3
4
6
7

As at
March 31, 2013
(Rs.000)
-

Partly paid-up investments


Claims, other than against policies, not acknowledged as debts by the
company
Underwriting commitments outstanding (in respect of shares and
securities)
Guarantees given by or on behalf of the Company
Reinsurance obligations to the extent not provided for in accounts
Others (Insurance Claims disputed by the company, to the extent not
provided/reserved)
TOTAL

As at
March 31, 2012
(Rs.000)
-

19,021

17,678

97,619

123,506

TATA AIG GENERAL INSURANCE COMPANY


LIMITED

Rs. in '000s

FORM NL-4-PREMIUM SCHEDULE PREMIUM EARNED [NET]

Particulars

FIRE

MARINE
MISCELLANEOUS

2,745,803
-

2,106,632
-

10,441,776
-

Workme
n's
Compensati
195,862
-

Person
al
Accide
1,201,608
-

Health
Insuran
ce
1,818,732
-

Liability
1,773,116
-

Engineering
510,483
-

(499,668)
2,246,135
408,922
2,859,971
294,754

(87,901)
2,018,731
393,843
1,712,789

(1,502,880)
8,938,896
104,452
1,132,149
9,414,079

(8,859)
187,003
37,825
158,037

(2,371)
1,199,237
136,486
1,065,122

(160,687)
1,658,045
613,517
1,205,215

(148,505)
1,624,611
117,818
1,184,236
706,698

(35,808)
474,675
135,796
621,404
24,875

Motor
Premium from direct business written
Service Tax
Adjustment for change in reserve
for unexpired risks
Gross Earned Premium
Add: Premium on reinsurance accepted
Less : Premium on reinsurance ceded
Net Premium
Adjustment for change in reserve
for unexpired risks
Premium Earned (Net)

Trade Credit

Aviation

85,826
-

11,000
-

459,929
-

16,498,332
-

21,350,767
-

(6,876)
78,950
30,614
55,212

(3,518)
7,482
11,000
-

(76,636)
383,293
65,107
394,822

(1,946,139)
14,552,193
358,066
3,832,338
13,024,060

(2,533,709)
18,817,058
766,988
7,086,152
15,031,603

(67,722)

(977,700)

(1,154,247)

327,100

12,046,360

13,877,356

(106,207)

(70,340)

(771,609)

(7,739)

(1,724)

(58,066)

(65,948)

(4,175)

(717)

188,547

1,642,449

8,642,470

150,298

1,063,398

1,147,149

640,750

20,700

54,495

Others

Total

Year Ended
March 31,
2013
Grand Total

Rs. in '000s

FORM NL-1-B-RA
Particulars

FIRE

MARINE
MISCELLANEOUS

1,902,606
-

1,890,058
-

7,604,390
-

Workme
n's
Compensati
166,117
-

Person
al
Accide
1,167,076
-

Health
Insuran
ce
1,376,878
-

Liability
1,526,115
-

Engineering
375,188
-

(137,158)
1,765,448
332,371
2,053,022
181,955

(196,772)
1,693,286
2,410
318,588
1,573,880

(1,604,130)
6,000,260
1,877,444
1,347,534
8,134,300

(30,449)
135,668
119
24,040
142,196

47,293
1,214,369
127,359
1,039,717

(202,763)
1,174,115
323,255
1,053,623

(121,672)
1,404,443
103,439
1,007,987
621,567

(8,137)
367,051
120,463
471,355
24,296

(11,371)
47,635
19,692
39,314

3,889

(190,060)

(1,749,213)

(27,598)

43,829

(69,743)

(122,851)

(4,736)

185,844

1,383,820

6,385,087

114,598

1,083,546

983,880

498,716

19,560

Motor
Premium from direct business written
Service Tax
Adjustment for change in reserve
for unexpired risks
Gross Earned Premium
Add: Premium on reinsurance accepted
Less : Premium on reinsurance ceded
Net Premium
Adjustment for change in reserve
for unexpired risks
Premium Earned (Net)

Trade Credit
59,006
-

Aviation
-

Others

Total

Year Ended
March 31,
2012
Grand Total

348,236
-

12,623,006
-

16,415,670
-

(147,856)
200,380
59,976
288,260

(2,079,084)
10,543,922
2,101,465
3,381,198
11,343,273

(2,413,014)
14,002,656
2,436,246
5,752,808
13,099,108

(8,154)

(131,316)

(2,069,782)

(2,255,953)

31,160

156,944

9,273,491

10,843,155

Rs. in '000s
Particulars

FIRE

MARINE

Quarter
Ended
March 31,

MISCELLANEOU

Premium from direct business written


Service Tax
Adjustment for change in reserve
for unexpired risks
Gross Earned Premium
Add: Premium on reinsurance accepted
Less : Premium on reinsurance ceded
Net Premium
Adjustment for change in reserve
for unexpired risks
Premium Earned (Net)

Workme
n's
Compensati
51,946
-

Person
al
Accide
269,043
-

Health
Insuran
ce587,030
-

Liability
427,309
-

Engineering
51,609
-

Trade Credit
19,383
-

Aviation
2,592
-

Others
101,552
-

Total
4,721,641
-

Grand Total
5,941,234
-

25,851
294,894
31,214
237,829

(236,030)
351,000
243,303
343,727

(2,136)
425,173
8,689
272,360
163,638

66,243
117,852
10,479
53,205
8,883

4,813
24,196
6,222
13,161

1,136
3,728
2,592
-

(5,912)
95,640
18,148
83,404

(912,777)
3,808,864
57,578
959,147
3,820,072

(1,033,183)
4,908,051
81,750
1,690,164
4,332,820

706,250
-

513,343
-

Motor
3,211,177
-

(105,103)
601,147
24,172
640,993
89,429

(15,303)
498,040
90,024
423,319

(764,563)
2,446,614
38,410
321,852
2,927,735

(2,178)
49,768
10,251
41,695

(51,720)

(24,978)

(502,740)

(2,180)

24,514

(72,648)

38,583

1,834

3,621

(1,894)

(510,910)

(587,608)

37,709

398,341

2,424,995

39,515

262,343

271,079

202,221

10,717

16,782

81,510

3,309,162

3,745,212
Rs. in '000s

Particulars

FIRE

MARINE

Quarter
Ended
March 31,

MISCELLANEOUS

Premium from direct business written


Service Tax
Adjustment for change in reserve
for unexpired risks
Gross Earned Premium
Add: Premium on reinsurance accepted
Less : Premium on reinsurance ceded
Net Premium
Adjustment for change in reserve
for unexpired risks
Premium Earned (Net)

365,402
-

444,961
-

Motor
2,192,137
-

Workme
n's
Compensati
50,823
-

Person
al
Accide
271,809
-

Health
Insuran
ce361,879
-

Liability
334,221
-

Engineering
58,367
-

Trade Credit
18,485
-

107,270
472,672
59,156
393,999
30,559

(6,110)
438,851
2,410
72,237
375,134

(392,640)
1,799,497
675,156
401,319
2,465,974

(11,953)
38,870
7,354
43,469

261
272,070
29,848
241,961

(75,629)
286,250
116,395
245,484

35,444
369,665
24,029
199,597
158,653

40,287
98,654
25,900
78,664
5,603

(1,280)
17,205
6,236
12,249

8,414

(21,830)

(532,656)

(10,911)

842

(31,949)

7,029

628

38,973

353,304

1,933,318

32,558

242,803

213,535

165,682

6,231

Aviation
-

Others
90,903
-

Total
3,378,624
-

Grand Total
4,188,987
-

(43,421)
47,482
21,589
69,314

(448,931)
2,929,693
725,085
861,002
3,242,707

(347,771)
3,841,216
786,651
1,327,238
3,648,400

(1,152)

(33,879)

(602,048)

(615,464)

11,097

35,435

2,640,659

3,032,936

9,685,789

Particulars

FIRE

MARINE
MISCELLANEOUS

Add :Re-insurance accepted to direct claims


Less :Re-insurance Ceded to claims paid

804,868
216,337
173,622
847,583
41,603
761,599

981,979
1,057,981
779,263
1,260,697
118,346

Motor
4,592,968
2,917,356
1,641,335
5,868,989
1,445,891
606,695

Net Claims

127,587

1,142,351

6,708,185

Claims paid - Direct


Add Claims Outstanding at the end of the period
Less Claims Outstanding at the beginning of the
year

Workmen's
Compensatio
n
32,151

Health
Insuranc
e
800,987

73,703
58,062
47,792
3,217

Personal
Accident
314,285
205,272
170,377
349,180
32,007

44,575

317,173

Engineerin
g
577,484

316,359
180,069
937,277
163,648

Liability
292,186
414,960
340,556
366,590
4,976
217,470

Aviati
on-

40,525
56,232
561,777
1,970
557,982

Trade
Credit
31,993
43,694
51,619
24,068
3,264

773,629

154,096

5,765

20,804

(Rs. in '000s)
Particulars

FIRE

MARINE

908,261
173,622

1,041,146
779,263

3,293,390
1,641,335

Workmen
's
Compensa
14,132
58,062

Add :Re-insurance accepted to direct claims


Less :Re-insurance Ceded to claims paid

164,574
917,309
46,528
852,919

547,589
1,272,820
5
150,885

4,180,451
754,274
6,175,797
437,866

41,434
30,760
1,418

227,592
207,170
27,562

237,346
614,552
91,867

458,069
636,860
45,038
663,792

65,180
322,793
255
325,547

Net Claims

110,918

1,121,940

6,492,205

29,342

179,608

522,685

18,106

(2,499)

Motor
Claims paid - Direct
Add Claims Outstanding at the end of the period
Less Claims Outstanding at the beginning of the
year

Pers
onal
Acci
264,385
170,377

Health
Insurance
671,829
180,069

MISCELLANEOUS
Engineerin
Liability
g
754,373
331,741
340,556
56,232

Trade
Credit
21,788
51,619

Aviati
on
-

43,080
30,327
2,192

28,135

(Rs. in '000s)
2,870,267

Particulars

Claims paid - Direct


Add Claims Outstanding at the end of the quarter
Less Claims Outstanding at the beginning of the
quarter
Add :Re-insurance accepted to direct claims
Less :Re-insurance Ceded to claims paid
Net Claims

FIRE

MARINE
Workmen
's
Compensa
5,597
73,703

Pers
onal
Acci
116,270
205,272

Health
Insurance
313,162
316,359

MISCELLANEOUS
Engineerin
Liability
g
67,652
11,757
414,960
40,525

225,214
216,337

256,941
1,057,981

Motor
1,341,536
2,917,356

205,929
235,622
802
207,841

911,776
403,146
29,926

2,461,951
1,796,941
352,682
191,203

76,501
2,799
560

218,824
102,718
11,633

308,003
321,518
50,647

403,027
79,585
1,322
20,616

41,199
11,083
1,501
12,203

28,583

373,220

1,958,420

2,239

91,085

270,871

60,291

381

Trade
Credit
7,251
43,694

Aviati
on
-

48,937
2,008
728

1,280

(Rs. in '000s)
Particulars

FIRE

MARINE
MISCELLANEOUS

332,255
173,622

326,678
779,263

1,062,808
1,641,335

Workmen
's
Compensa
5,426
58,062

166,816
339,061
6,586
304,115

801,594
304,347
41,344

5,263,729
(2,559,586)
5,729,466
145,386

62,403
1,085
542

210,267
22,281
6,518

218,306
181,637
31,876

385,753
543,026
44,458
535,741

63,823
12,366
70
19,019

57,984
(5,117)
138

41,532

263,003

3,024,494

543

15,763

149,761

51,743

(6,583)

(5,255)

Motor
Claims paid - Direct
Add Claims Outstanding at the end of the quarter
Less Claims Outstanding at the beginning of the
quarter
Add :Re-insurance accepted to direct claims
Less :Re-insurance Ceded to claims paid
Net Claims

Pers
onal
Acci
62,171
170,377

Health
Insurance
219,874
180,069

Liability
588,223
340,556

Engineerin
g
19,957
56,232

Trade
Credit
1,248
51,619

Aviati
on
-

Rs. in '000s
TATA AIG GENERAL INSURANCE COMPANY LIMITED
FORM NL-6-COMMISSION SCHEDULE

Particulars

FIRE

MARINE

MISCELLANEOU

163,064
44,057
646,348

248,487
34,887

479,132
157,525

Workmen's
Compensatio
n
17,647
2,968

(439,227)

213,600

321,607

14,679

80,906

(108,952)

187,195

37,806
106,386
18,848
24
163,064

54,886
190,663
2,938
248,487

330,382
117,623
30,703
424
479,132

6,907
10,327
413
17,647

27,634
39,015
33,548
100,197

30,091
13,460
17,340
60,891

14,230
193,729
215
208,174

Motor
Commission Paid - Direct
Add: Reinsurance accepted
Less : Reinsurance ceded
Net Commission

Personal
Accident
100,197
19,291

Health
Insurance
60,891
169,843

Liability
208,174
18,783
39,762

Engineering
25,186
18,092
199,557

Trade Credit

Aviation

Others

10,289
1,530

227

(156,279)

8,759

(227)

6,506
18,015
649
16
25,186

1,886
8,403
10,289

10,96

16,33

(5,36

Break up of Gross Commission


Agents
Brokers
Corporate Agents
Referral

5,76
3,73
41
1,05
10,96

Rs. in '000s
Particulars

FIRE

MARINE

MISCELLANEOU

100,426
38,136
397,059

226,592
241
33,271

325,584
147,034

Workmen's
Compensatio
n
13,953
55
4,220

(258,497)

193,562

178,550

9,788

73,619

(28,083)

141,085

24,968
7290
1,
2,557
-

49,801
1738
86
,
2,905
-

204,292
98991
,

22,301
-

5,145
87
16
,
92
-

23,733
3032
9,
38,494
-

25,792
1523
8,
14,478
-

100,426

226,592

325,584

13,953

92,556

55,508

Motor
Commission Paid - Direct
Add: Reinsurance accepted
Less : Reinsurance ceded
Net Commission

Personal
Accident
92,556
18,937

Health
Insurance
55,508
83,591

Liability
173,554
15,866
48,335

Engineering
16,957
16,566
98,391

Trade Credit

Aviation

Others

8,089
747

7,91

12,97

(64,868)

7,342

(5,06

12,283
16098
0,
291
-

5,795
1109
8,
64
-

2,849
52
40
,
-

5,68
1
6
,
26
-

173,554

16,957

8,089

7,91

Break up of Gross Commission


Agents
Brokers
Corporate Agents
Referral

Rs. in '000s
Particulars

FIRE

MARINE

MISCELLANEOU

Commission Paid - Direct


Add: Reinsurance accepted
Less : Reinsurance ceded

46,667
2,659
114,657

60,782
5,456

153,178
24,371

Workmen's
Compensatio
n
4,881
(120)

Net Commission

(65,331)

55,326

128,807

5,001

18,920

(49,283)

47,483

8,214
27,054
11,375
24

13,739
46,437
606
-

104,298
36,935
11,521
424

1,722
2,865
294
-

5,633
8,827
9,151
-

7,794
2,861
10,602
-

46,667

60,782

153,178

4,881

23,611

21,257

Motor

Personal
Accident
23,611
4,691

Health
Insurance
21,257
70,540

Liability
48,289
3,897
4,703

Engineering
5,508
2,175
101,783

Trade Credit

Aviation

Others

2,432
531

75

4,66

(94,100)

1,901

(75)

4,010
44,166
113
-

1,507
3,794
191
16

65
2,440
(73)
-

1,34
1,98
27
1,05

48,289

5,508

2,432

4,66

4,65

Break up of Gross Commission


Agents
Brokers
Corporate Agents
Referral

Rs. in '000s
Particulars

FIRE

MARINE

MISCELLANEOUS

15,065
6,659
54,191

55,971
241
7,704

95,577
42,594

Workmen's
Compensatio
n
4,211
2,134

(32,467)

48,508

52,983

2,077

14,198

(23,697)

31,405

5,579
9,044
442
-

12,144
43,221
606
-

63,350
31,275
952
-

1,701
2,476
34
-

4,337
6,938
7,280
-

5,994
2,873
(269)
-

3,723
35,562
(371)
-

15,065

55,971

95,577

4,211

Motor
Commission Paid - Direct
Add: Reinsurance accepted
Less : Reinsurance ceded
Net Commission

Personal
Accident
18,555
4,357

Health
Insurance
8,598
32,295

Liability
38,914
4,360
11,869

Engineering
4,661
3,794
34,169

Trade Credit

Aviation

Others

2,623
263

3,73

(25,714)

2,360

1,512
3,140
9
-

861
1,762
-

2,80
1,01
(85
-

18,555
8,598
38,914
4,661
TATA AIG GENERAL INSURANCE COMPANY LIMITED

2,623

3,73

4,85

(1,12

Break up of Gross Commission


Agents
Brokers
Corporate Agents
Referral

FORM NL-7-OPERATING EXPENSES SCHEDULE


OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

FIRE

MARINE

MISCELLANEOUS
Motor

85,185
5,628

127,146
5,278

548,732
27,374

Workmen's
Compensatio
n
15,428
506

Person
al
Accide
105,189
4,215

Health
Insurance
154,019
6,441

Liability
107,294
4,499

Engineerin
g
6,370
450

Trade
Credit
7,326
469

Aviation
28
1

Others
62,188
4,095

Total
1,006,574
48,050

1,218,905
58,956

1,499
1,591
4,602

43,643
4,727
3,837
12,167

446,931
22,589
36,670
60,175

5,614
492
585
1,251

64,636
3,264
8,545
12,725

78,507
4,183
10,596
16,046

30,360
3,783
2,675
9,205

1,612
133
136
403

2,099
205
131
478

12,296
1,440
2,783
4,705

642,063
36,089
62,121
104,990

712,105
42,315
67,549
121,759

(252)

8
2
4

28,772

43,426

696,343

11,732

174,402

201,790

20,669

1,577

98

467

975

45

548

1,115

362

10

20,353

1,126,618

1,198,816

18

361

2
33
99

50
6
35,602

3,999
549
66
361,762

2,029

1
233
56

3,434
471
56
351,056

14
2
5,574
552

64
8
5,132

134
16
218,947

75
9
42,457

153
18
48,086

50
6
2,251

2,616

311,338

6
1
3,447
252

10,546

14,586

2,026

340,932

344,100

44
515
3,096
(7,109)
6,172
1,043
8,005
173,014

166
711
2,650
(333)
17,882
11,619
15,106
299,115

41,141
5,778
3,952
(7,573)
95,344
11,027
66,978
2,599,949

27
36
330
(184)
1,879
306
1,818
43,828

23,391
343
6,735
(1,584)
15,427
(7,073)
10,165
476,710

26,090
507
7,512
(2,629)
20,434
(6,378)
13,416
599,212

130
331
1,130
(738)
13,767
1,981
12,025
213,967

4
61
95
(307)
578
91
612
12,246

6
25
(71)
674
782
663
12,786

1
3
47

4,982
112
(868)
7,978
12,398
5,439
177,661

95,771
7,193
19,754
(13,954)
156,082
13,134
111,119
4,136,406

95,981
8,419
25,500
(21,396)
180,136
25,796
134,230
4,608,535

Employees remuneration and welfare benefits Travel, conveyance and vehicle running expenses Training expenses
Rents, rates and taxes
Repairs
Printing and Stationery
Communication
Legal and Professional charges Auditors' fees, expenses etc.

a)
as auditors
b)
as advisor or in any other capacity, in respect of :
(i) Taxation matters
(ii) Insurance matters (iii) Management services
c)
in any other capacity and
d)
out of pocket expenses Advertisement and publicity Interest and Bank Charges Others:
Direct Telemarketing costs Agents Training
Business Development Expenses Foreign Exchange (Gain) / Loss Information Technology Expenses Miscellaneous Expenses
Depreciation/ Amortisation Total

Rs. in '000s
FIRE

MARINE

MISCELLANEOUS

23,125

31,133

169,214

Workme
n's
ompensao
4,288

25,214

47,872

26,213

991

12,884

288,536

1,624
697
12,514
546
757
3,191

9,534
3,380
139,186
3,934
12,192
19,992

151
82
704
73
191
364

1,148
768
7,232
294
2,347
3,719

2,183
1,599
15,074
675
3,460
5,767

1,123
542
6,962
415
549
2,316

(1)
(4)
(1)
(1)
-

9,020

12,318

240,605

3,680

38,793

57,634

6,213

97
63
128
(3)
19
80
284

1,874
151
26
516
34
26
130
44

(14)

1,426
788
5,930
212
436
1,430

(2)

958
448
2,064
30
753
15
03
,

(4,613)

15,344
6,908
171,862
5,451
19,536
3387
1,

31
4
1
3,346
191

118
12
5
1,571
721

246
25
9
50,457

135
13
5
22,386

336
36
11
26,629

2,169

4,060

82
8
3
686
509

2
108
12

5
(3)
28

32
1
3
33,760
239

850
84
32
136,405

75,224

12
1
1
2,382
74

81
314

361
406
(927)
4,774
1,526
3,617
76,011

9,784
4,487
(4,730)
30,998
(1,520)
18,854
782,255

45
15
(112)
516
(96)
489
11,877

(1,593)
235
(917)
4,136
(8,256)
2,145
103,220

432
372
(1,586)
6,834
(10,859)
3,773
168,232

286
138
(169)
3,355
(1,146)
2,769
51,154

9
38
81
68
(32)
79
2,005

13
14
(42)
176
161
160
3,313

1,549
57
(433)
1,502
1,571
1,163
53,471

10,525
5,356
(7,908)
47,585
(20,178)
29,430
1,175,501

Motor

1,582
(75)
2,061
50,809

CtiAidt
Personal

ccenInsura
nc
Health

Liability

Engineerin
g

Trade
Credit

Aviation

Others

(1)
(2)
(26)

Employees remuneration and welfare benefits


Travel, conveyance and vehicle running expenses Training expenses
Rents, rates and taxes
Repairs
Printing and Stationery
Communication
Legal and Professional charges Auditors' fees, expenses etc.

a)
as auditors
b)
as advisor or in any other capacity, in respect of :
(i) Taxation matters
(ii) Insurance matters (iii) Management services
c)
in any other capacity and
d)
out of pocket expenses Advertisement and publicity Interest and Bank Charges Others:
Direct Telemarketing costs Agents Training
Business Development Expenses Foreign Exchange (Gain) / Loss Information Technology Expenses Miscellaneous Expenses
Depreciation/ Amortisation Total
TATA AIG GENERAL INSURANCE COMPANY LIMITED
FORM NL-7-OPERATING EXPENSES SCHEDULE
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

Employees remuneration and welfare benefits Travel, conveyance and vehicle running expenses Training expenses
Rents, rates and taxes Repairs
Printing and Stationery Communication
Legal and Professional charges Auditors' fees, expenses etc.

a)
b)

as auditors
as advisor or in any other capacity, in respect of :

Total

342,638

82,315

(i) Taxation matters


(ii) Insurance matters (iii) Management services
c)
in any other capacity and
d)
out of pocket expenses Advertisement and publicity Interest and Bank Charges Others:
Direct Telemarketing costs Agents Training
Business Development Expenses
Foreign Exchange (Gain) ! Loss
Information Technology Expenses
Miscellaneous Expenses Depreciation! Amortisation Total

FIRE

MARINE

MISCELLANEOUS

18,696

30,740

110,772

Wor
' kmens
Compensa
tion
4,206

1,224

1,256
12,767
1,075

4,341
109,456
6,719

117
646
120

12,892

126,202

139
14
3,163
697

283
28
67,494

820
42
61
3,170
4,143
81,963

Motor

5,254
18
1
1,405
89
83
22

1,675
29,033

Person
al
Accide
25,445

Health
Insuranc

Liability

Engineerin
g

Trade
Credit

Aviation

Others

31,801

26,343

1,706

1,929

830
13,336
2,105

1,039
18,335
2,241

1,178
6,431
721

2,509

63,161

64,480

5,032

118
231
27
416

193
303
44
810

165
16
4,156

289
29
4,515

105
10
611

1,421

15
1
862
76

3,261

3,889

528

3
63
14

6,804
308
(1,399)
(1,027)
15,284
514,933

103
4
(36)
(67)
557
7,950

15,053
131
(601)
(480)
2,673
139,407

15,065
142
(996)
(1,417)
3,125
154,712

625
29
(878)
(393)
3,199
51,530

16
2
(123)
(11)
168
2,818

217,8

15,629
890
6,549
688
(56,517)

206,0

5
1
15
27

119
11
1,616
601

37
2
(21)
268
198
4,229

2,142
12
(444)
41
27
,
1,420
(19,555)

Rs. in '000s

Employees remuneration and welfare benefits


Travel, conveyance and vehicle running expenses Training expenses
Rents, rates and taxes Repairs
Printing and Stationery Communication
Legal and Professional charges
Auditors' fees, expenses etc.

a)
as auditors
b)
as advisor or in any other capacity, in respect of :
(i) Taxation matters
(ii) Insurance matters (iii) Management services
c in an other caacit and
)ypy
d) out of pocket expenses Advertisement and publicity Interest and Bank Charges Others:
Direct Telemarketing costs Agents Training
Business Development Expenses
Foreign Exchange (Gain) ! Loss
Information Technology Expenses
Miscellaneous Expenses Depreciation! Amortisation Total

Total

8,7
155,2
12,6

79,3

9,8

39,8
6
(4,49

26,6
856,0

TATA AIG GENERAL INSURANCE COMPANY LIMITED


FORM NL-8-SHARE CAPITAL SCHEDULE
SHARE CAPITAL

Particulars

Authorised Capital
750,000,000 (Previous Year :
450,000,000) Equity Shares of Rs.10
each
Issued Capital
505,000,000 (Previous Year :
450,000,000) Equity Shares of Rs.10
each
Subscribed Capital
505,000,000 (Previous Year :
450,000,000) Equity Shares of Rs.10
each
Called-up
Capital
505,000,000 (Previous Year :
450,000,000) Equity Shares of Rs.10
each
Less : Calls unpaid
Add : Equity Shares forfeited (Amount
originally paid up)
Less : Par Value of Equity Shares bought back
Less : Preliminary Expenses

As at
March 31, 2013
(Rs.000).

As at
March 31, 2012
(Rs.000).

7,500,000

4,500,000

5,050,000

4,500,000

5,050,000

4,500,000

5,050,000

4,500,000

Expenses including commission


or brokerage on
Underwriting or subscription
of shares
TOTAL

5,050,000

4,500,000

TATA AIG
GENERAL
INSURANCE
COMPANY
LIMITED
FORM NL-9PATTERN OF
SHAREHOLDI
NG
SCHEDULE
SHARE
CAPITAL
P
A
T
T
E
R
N
O
F
S
H
A

R
E
H
O
L
D
I
N
G
[
A
s
c
e
r
t
i
f
i
e
d
b
y
t
h
e
M
a

n
a
g
e
m
e
n
t
]
Shareholder

As at
March 31, 2013
Number of
Shares

Promoters

Indian - Tata Sons Limited

Foreign - CHARTIS MEMSA Holdings Inc.

Others
TOTAL

2
3
4

Capital Reserve
Capital Redemption
R e s ePremium
rve
Share
General Reserves

As at
March 31, 2013
(Rs.000).
151,237

Nu

373,700,000

74%

131,300,000

26%

505,000,000

100%

TATA AIG GENERAL INSURANCE COMPANY


LIMITED FORM NL-1 0-RESERVE AND SURPLUS SCHEDULE
RESERVES AND SURPLUS

Particulars

% of
Holding

As at
March 31, 2012
(Rs.000).
151,237

Less: Debit balance in Profit and Loss Account

5
6
7

Less: Amount utilized for Buy-back


Catastrophe Reserve
Other Reserves
Balance of Profit in Profit & Loss Account
TOTAL

1,029,807
1,181,044

(23,789)
127,448

TATA AIG GENERAL INSURANCE COMPANY LIMITED FORM NL-11BORROWINGS SCHEDULE


BORROWINGS

Particulars

Debentures/ Bonds
Banks

As at
March 31, 2013
(Rs.000).
-

As at
March 31, 2012
(Rs.000).
-

3
4

Financial Institutions
Others (to be specified)

TOTAL

TATA AIG GENERAL INSURANCE COMPANY


LIMITED FORM NL-1 2-INVESTMENT SCHEDULE
Investments

Particulars

LONG TERM INVESTMENTS


Government securities and Government
guaranteed bonds including Treasury
Bills

As at
March 31, 2013
(Rs.000).

As at
March 31, 2012
(Rs.000).

11,703,185

5,942,670

2
3

4
5

Other Approved
S e c Investments
urities
Other
(a)
Shares
(aa)
Equity
(bb)
Preference
( b)
Mutual Funds
(c) Derivative Instruments
(d) Debentures/ Bonds
(e) Other Securities
(f) Subsidiaries
(g)
Investment PropertiesReal
Estate
Investments in Infrastructure and Social
Sector
Other than Approved Investments

4,514,128

5,641,863
-

2,155,569

7,222,082
-

1
2
3

SHORT TERM INVESTMENTS


Government securities and Government
guaranteed bonds including Treasury
Bills
Other Approved Securities
Other Investments
(a) Shares
(aa)
Equity
(bb)
Preference
(b) Mutual Funds
(a) Derivative Instruments
(a) Debentures/ Bonds
(b) Other Securities (to be specified)

(c) Subsidiaries

120,200

1,834,587

2,243,380

1,643,864

20,048
-

4
5

(e)
Investment Properties-Real
Estate
Investments in Infrastructure and Social
Sector
Other than Approved Investments
TOTAL

129,320

49,921

24,352,076

18,868,741

TATA AIG GENERAL INSURANCE COMPANY LIMITED


FORM NL-1 3-LOANS SCHEDULE
LOANS

Particulars

SECURITY-WISE CLASSIFICATION
Secured
(a) On mortgage of property
(aa) In India
(bb) Outside India
(a) On Shares, Bonds, Govt. Securities
(c)
Others (to be specified)
Unsecured
TOTAL
BORROWER-WISE CLASSIFICATION
(a) Central and State Governments
(b) Banks and Financial Institutions
(c) Subsidiaries
(d) Industrial Undertakings
(e)
Others (to be specified)
TOTAL
PERFORMANCE-WISE CLASSIFICATION
(a) Loans classified as standard
(aa) In India
(bb) Outside India
(b) Non-performing loans less provisions
(aa) In India
(bb) Outside India
TOTAL

As at
March 31, 2013
(Rs.000).

As at
March 31, 2012
(Rs.000).

MATURITY-WISE CLASSIFICATION
(a) Short Term
(b) Long Term
TOTAL

FIXED ASSETS
(Rs.000)
Particulars
Opening

Goodwill
Leasehold Improvements
Buildings
Furniture & Fittings
Information
Technology
Equipment
Vehicles
Office Equipment
Others
Grand Total
PREVIOUS YEAR

171,423
56,488
398,581
17,878
105,621
1,201,520
1,104,667

Cost/ Gross Block


Additions!
Deduction
Adjustment
s!A
s
djustment
s
47,073
589,599
16,495
32,496

30,606
4,870

187,890
589,599
72,983
426,207

135,518
47,326
307,948

Depreciation
For The
On Sales!
Period Adjustment
s
28,120
29,535
1,676
6,344
40,061
4,661

7,258
21,380
724,454
126,514

745
36,221
29,661

25,136
126,256
1,889,753
1,201,520

11,306
81,053
906,149
803,050

3,468
10,491
134,229
130,863

FORM NL-14-FIXED ASSETS SCHEDULE


TATA AIG GENERAL INSURANCE COMPANY LIMITED

Closing

Up to Last
Year

695
34,891
27,764

To Date

Marc
134,103
1,676
53,670
343,348
14,774
90,849
1,005,487
906,149

TATA AIG GENERAL INSURANCE COMPANY LIMITED


FORM NL-1 5-CASH AND BANK BALANCE SCHEDULE
CASH AND BANK BALANCES

Particulars

Cash (including cheques, drafts


and stamps)
Bank Balances
(a) Deposit Accounts
(aa) Short-term (due within
12 months)
(bb) Others
(b) Current Accounts
(c)
Others (to be specified)
Money at Call and Short Notice
(a) With Banks
(a) With other Institutions
Others (to be specified)

As at
March 31, 2013
(Rs.000)
245,924

1,269,579
-

As at
March 31, 2012
(Rs.000)
253,668

818,223
-

TOTAL

1,515,503

1,071,891

Balances with non-scheduled


banks included in 2 and 3 above
TATA AIG GENERAL INSURANCE COMPANY LIMITED
FORM NL-1 6-ADVANCES AND OTHER ASSETS SCHEDULE
ADVANCES AND OTHER ASSETS

Particulars

1
2
3
4
5

ADVANCES
Reserve deposits with ceding
companies
Application money for investments
Prepayments
Advances to Directors/Officers
Advance tax paid and taxes deducted
at source (Net of provision for taxation)
Others
Advance to Employees
Advance to Suppliers
Advances against Capital Assets
TOTAL (A)

As at
March 31, 2013
(Rs.000).
-

As at
March 31, 2012
(Rs.000).
-

35,249
194,695

49,787
231,080

4,160
33,215
28,598
295,917

4,316
12,762
876
298,821

1
2
3
4
5
6
7

8
9

10

OTHER ASSETS
Income accrued on investments
Outstanding Premiums
Agents Balances
MAT Credit Entitlement
Service tax unutilised credit
Foreign Agencies Balances
Due from other entities carrying
on insurance business (including
reinsurers)
Due from subsidiaries/ holding
Deposit with Reserve Bank of India
[Pursuant to section 7 of Insurance
Act, 1938]
Others Receivables
Salvage and Subrogation
Deposits for Office Premises
Deposits with Telecom Authorities
and Housing Deposits for employees
Earnest Money Deposit
Other Deposits
Balance due from AIG entities
Receivable from Service Providers
TOTAL (B)

664,143
524,158
12,662
56,797
72,868
1,216,761

514,415
268,101
3,072
3,202
892,128

9
112,547
26,137

95,304
7,240

2,000
16,487
20,454
3,726
2,728,749

2,000
44,225
9,002
1,462
1,840,151

TOTAL (A+B)

3,024,666

2,138,972

TATA AIG GENERAL INSURANCE COMPANY LIMITED


FORM NL-1 7-CURRENT LIABILITIES SCHEDULE
CURRENT LIABILITIES
Particulars

1
2
3
4
5
6
7
8
9
10

Agents Balances
Balances due to other
insurance companies
(including. reinsurers)
Deposits held on re-insurance
ceded
Premiums received in advance
Unallocated Premium
Sundry creditors
Due to subsidiaries/
holding company
Claims Outstanding *
Due to Officers/ Directors
Others
Unclaimed Amount of
Policyholders
Due to AIG entities
Due to Tata AIA Life
Insurance Company Limited
Deposit from Service Providers
Other Deposits Accepted
Due to Environment Relief Fund
Due to Solatium Fund
Due to Statutory Authorities
Payable on purchase of
investments
Service Tax Liability
Salvage and Subrogation
TOTAL

As at
March 31, 2013
(Rs.000).
104,438
5,809,520

As at
March 31, 2012
(Rs.000).
69,870
4,141,845

1,647,406
54,555
620,628
-

1,476,560
25,853
527,986
-

7,088,728
-

4,930,684
-

313,042

143,909

27,690

4,727
11,402

14,262
7,056

43,496
7,056
86

4,996
72,644
2,432
2,453
15,770,714

2,084
59,520
94
1,504
11,447,544

* Includes Rs. 1,696,706 (in '000) [Previous year Rs 1,429,616 (in '000)] representing additional reserves on
own commercial vehicle third party portfolio as a consequence of dismantling of Motor Pool on 31st March,
2012

TATA AIG GENERAL INSURANCE COMPANY LIMITED


FORM NL-1 8-PROVISIONS SCHEDULE
PROVISIONS
Particulars

1
2
3

Reserve for Unexpired Risk


For taxation (less advance tax paid
and taxes deducted at source)
For proposed dividends

As at
March 31, 2013
(Rs.000).
7,841,317
28,574
-

As at
March 31, 2012
(Rs.000).
6,687,070
34,656
-

4
5
6

For dividend distribution tax


Others (for unrealised cheques)
Reserve for Premium Deficiency
TOTAL
7,869,891
TATA AIG GENERAL INSURANCE COMPANY LIMITED
FORM NL-19 MISC EXPENDITURE SCHEDULE

6,721,726

MISCELLANEOUS EXPENDITURE
(To the extent not written off or adjusted)
Particulars

As at
March 31, 2013
(Rs.000).

As at
March 31, 2012
(Rs.000).

Discount Allowed in issue of


shares/ debentures

Others (to be
specified)

TOTAL

TATA AIG GENERAL INSURANCE COMPANY LIMITED


FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE
Format of Receipts and Payments A/c for the year ended March 31, 2013
(Rs in '000's)
Cash Flows from the operating activities:
Premium received from policyholders, including advance receipts
Other receipts
Payments to the re-insurers, net of commissions and claims
Payments to co-insurers, net of claims recovery
Payments of claims
Payments of commission and brokerage
Payments of other operating expenses
Preliminary and pre-operative expenses
Deposits, advances and staff loans
Income taxes paid (Net)
Service tax paid
Other payments
Cash flows before extraordinary items
Cash flow from extraordinary operations
Net cash flow from operating activities
Cash flows from investing activities:
Purchase of fixed assets
Proceeds from sale of fixed assets
Purchases of investments
Loans disbursed
Sales of investments
Repayments received
Rents/Interests/ Dividends received
Investments in money market instruments and in liquid mutual funds (Net)*
Expenses related to investments
Net cash flow from investing activities
Cash flows from financing activities:
Proceeds from issuance of share capital
Proceeds from borrowing
Repayments of borrowing
Interest/dividends paid
Net cash flow from financing activities
Net increase in cash and cash equivalents:
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year

25,041,227
345
(3,206,690)
(469,040)
(8,752,113)
(1,248,951)
(4,736,202)
8,358
(205,088)
(2,206,815)
4,225,031
4,225,031
(732,531)
616
(140,265,228)
135,455,260
1,303,075
(4,238,808)
550,000
550,000
536,223
1,236,670
1,772,893

2. Cash and cash equivalents at the end of the current accounting year comprise of the following Balance Sheet amounts:
(Rs in '000's)
Cash (including cheques on hand, stamps on hand)
245,924
Bank Balances (with scheduled banks)
1,269,579

Balance in Reverse Repo Account


Unrealised Foreign Exchange Loss/(Gain)
To t a l

259,927
1,775,430
(2,537)
1,772,893

31-March-2013
(Rs in Lakhs)

Insurer: Tata AIG General Insurance Co. Ltd.


PERIODIC DISCLOSURES
FORM NL-21

Date:

Statement of Liabilities

Sl.No.
1
2
a
c

Note

Particular
Fire
Marine
Marine Cargo
Engineering
Aviation
Total Liabilities

Reserves for
unexpired
risks2,498
8,573
8,573
199
78,413

As at March 31, 2013


Reserve for
IBNR Reserves
Outstanding
Claims 1,589
574
8,375
2,205
8,375
2,205
86
319
51,393
19,494

Total Reserves
4,661
19,153
19,153
604
149,300

Reserves
for unexpired
risks
1,436
7,869
7,869
157
66,871

As at March 31, 2
Reserve for
Outstanding
Claims 1,367
5,928
5,928
219
37,750

Figures including Motor Pool


Reserve for Outstanding Claims for Motor includes Rs. 16,967 'lakhs)) (Previous year 14,296 'lakhs) representing additional reserves on own commercial
vehicle third party portfolio as a consequence of dismantling of Motor Pool on 31st March, 2012
Health Insurance includes Personal Accident.

PERIODIC DISCLOSURES

FORM NL-22

Geographical Distribution of Business


Rs in Lakhs

STATES

Andhra Pradesh
Goa
Jharkhand
Manipur
Punjab
Rajasthan
Uttar Pradesh
Dadra & Nagra Haveli
Uttaranchal
Total

Fire
For
the
qtr 4
1
2
1
3
5
0
4
7
4,049
2
4
4
5
1
0
4
2
1
4
6
7,063

Upto
the
qtr
2,442
34
66
1
242
14,11
6
42
4

11
92
218
110
-

Marine (Cargo)

Marine (Hull)

For
the
qtr 2
6
2
1
2
-

For
the
qtr

15

Upto
the
qtr4
5
0

49

46

2,038

7,846

3
1
7
-

3,486

51
-

4
3
9
3
5
-

Upto
the
qtr

Motor Own
Damage

Aviation

For
t
h2
9
0

2
2
1
1

Upto
the
qtr
1,595

Engineering

Upto
the
qtr
-

For
the
qtr
1,028

Upto
the
qtr
3,249

For
the
qtr
1

237

596

92

336

37

72

1
1
-

375

1,211
17,01
4
-

13

4,486

2
6
-

208

567

1
2
1,477

3
4
4,554

35

30

1,705

5,469

18

169

1
1
1

760

2,138

3
78

125

For
th
e

Motor Third
Party

62
-

25

321

912

6
27,45
8

2
21,06
6

5
1

2
6

1
1

293
31,40
8

293
97,47
6

5,133

5,105

703

Upto
the
qtr 1
8
2
8
2
1
1
1
3
1,048
4
3
1
2
8
3
1
6
5
7
8
2
6,942

Liability
insurance

Personal
Accident

Medical
Insurance

Overseas
medical
Insurance

For
the
qtr
183

Upto
the
qtr
827

For
t
h
111

Upto
the
qtr
477

For
th
e
36

Upto
the
qtr
71

For
the
qtr
91
1

26

12

29

17

15

28

25

3
-

Upt
the
qtr
40

30
11,28
4
-

16

40

11

1,380

6,593

3,416

8,470

737

3,10

14

25

2
62

22

33

111

20

43

63

34

40

2,781
-

18

10

124

13

24

101

10

15

11

0
19,69
0

4
12,01
6

3,810

9,203

2,060

2,690

0
4,793

8,98

PERIODIC DISCLOSURES

FORM NL-23

Reinsurance Risk Concentration

Insurer: TATA AIG General Insurance Company Limited

Date:

31-March-2
(Rs in Lakhs)

Reinsurance Risk Concentration

S.No.

Reinsurance Placements

No. of
reinsurers

Premium ceded to reinsure

Proportional
1
2
3
4
5
6

No. of Reinsurers with rating of AAA and above


No. of Reinsurers with rating AA but less than
A
A Aof Reinsurers with rating A but less than AA
No.
No. of Reinsurers with rating BBB but less than A
No. of Reinsurres with rating less than BBB
No. of Indian reinsures other than GIC
Total

15
68
2
85

9,635
39,768
49,403

Non-Proportional
1,524
9,106
10,631

PERIODIC DISCLOSURES

FORM NL-24

Ageing of Claims

Insurer: Tata AIG General Insurance Co. Ltd.

Date:

31-March-2013

(Rs in Lakhs)
Ageing of Claims - Quarter Ended March 31, 2013

Line of Business

Total No. of
claims paid

No. of claims paid

Sl.No.

1,993

1-3
months
1,051

3-6
months
303

6 months 1
year 142

887

1,032

611

285

1 month
1

Fire

Marine Cargo

Marine Hull

Engineering

> 1 year

Total
amount
of claims
paid

78

3,567

2,272

103

2,918

2,606

13

14

16

55

133

Motor OD

33,785

23,632

2,838

859

135

61,249

11,336

Motor TP

17

89

185

221

341

853

2,099

Health
8Overseas
Travel
Personal Accident

907

636

113

40

1,699

1,023

528

822

574

187

22

2,133

1,803

690

722

266

58

10

1,746

1,158

19

28

31

23

110

746

9
1
0
1
1
1
2
1
3

Liability
Crop
Aviation
Miscellaneous
Total

4,410

5,386

1,007

516

79

11,398

1,070

43,242

33,411

5,942

2,347

786

85,728

24,245

PERIODIC DISCLOSURES

FORM NL-25

Insurer:

TATA AIG General Insurance Company Limited

Date:
31-March-2013
No. of claims only

Quarter Ended March 31, 2013


Sl. No.
1
2
3
6

Claims Experience
Claims O/S at the beginning of the period
Claims reported during the period
Claims Settled during the period
Claims closed during the period
Claims O/S at End of the period
Less than 3 months
3 months to 6 months
1 year and above

Fire
2,299
5,173
3,567
1,458
2,154
1,169
362
300

Mari
ne
Car
3,984
3,798
2,918
1,037
3,321
1,841
617
400

Mari
ne
Hull

Engin
ee
ring
244
65
55
82
160
46
24
35

Motor
OD
14,721
64,493
61,249
6,236
11,240
8,890
1,303
411

Mo
tor
TP
7,340
1,769
853
747
7,509
1,344
1,263
3,248

Hea
lth
420
2,461
1,699
490
389
269
64
36

Over
sea s
Trave
2,001
3,485
2,133
1,086
2,084
1,587
321
26

Perso
nal
Accid
1,061
2,869
1,746
832
1,165
942
109
85

Liabil
ity
456
337
110
98
563
177
121
144

Cr
o
p

FORM NL-26 - CLAIMS INFORMATION - KG Table I


Insurer : TATA AIG General Insurance Company Ltd.
Solvency as on March 31, 2013
Required solvency margin based on net premium and net incurred claims (Rs. in Lacs)
PREMIUM

Ite
m
No 1
2
3
4
5
6
7
8
9

Description
F i r e
Marine Cargo
Marine Hull
Motor
Engineering
Aviation
Liabilities
Others
Health
Total

Gross
Premiu
m
29,084
21,066
105,606
6,455
110
20,868
5,453
30,203
218,845

Net Premium
2,948
17,128
94,387
249
0
8,647
4,500
22,703
150,562

Gross
incurred
claim 16,045
14,065
62,961
6,899
21
10,440
4,957
13,037
128,425

Net
incurred
Claim 1,382
11,424
53,523
210
2,382
4,124
10,908
83,953

RSM
-1

RSM
-2
2,908
3,426
18,87
8
646
11
3,130
900
4,541
34,44
0

RS
M
2,407
3,427
16,05
7
1,035
3
2,349
1,237
3,272
29,78
7

2,908
3,427
18,87
8
1,035
11
3,130
1,237
4,541
35,16
7

FORM NL-27
Insure
r:

Offices information for Non-Life


TATA AIG General Insurance Company
Limited

Sl. No.
1
2
3
4
5
6
7
8
9

Dat
e:

Office Information

Number

No. of offices at the beginning of the year


No. of branches approved during the period
No. of branches opened during the period
No. of branches closed during the period
No of branches at the end of the period
No. of branches approved but not opened
No. of rural branches
No. of urban branches

31-March2013

53
0
Out of approvals of
previous year
Out of approvals of this
year

14
0
0
67
12
0
67

PERIODIC DISCLOSURES

FORM NL-28-STATEMENT OF ASSETS - 3B


Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108 Statement as on: 31-March-2013
Statement of Investment Assets (Revised)
(Business within India)

Rs. In Lakhs

Periodicity of Submission: Quarterly


PARTICULARS

SCH

AMOUNT

Investments

Loans

Fixed Assets

10

9,230

Current Assets
a. Cash & Bank Balance

11

15,155

b. Advances & Other Assets

12

30,247

243,521
-

Current Liabilities
a.

Current Liabilities

13

157,707

b.

Provisions

14

78,699

c. Misc. Exp not Written Off

15

d. Debit Balance of P&L A/c


Application of Funds as per Balance Sheet (A)
Less: Other Assets

61,747
SCH

Amount

Loans (if any)

Fixed Assets (if any)

10

9,230

Cash & Bank Balance (if any)

11

15,155

Advances & Other Assets (if any)

12

30,247

Current Liabilities

13

157,707

Provisions

14

78,699

Misc. Exp not Written Off

15

Debit Balance of P&L A/c

TOTAL (B)
(A-B)

'Investment Assets' As per FORM 3B

(181,774)
243,521

SH
No
1
2
3

'Investment' represented as
G.

Sec

G. Sec or Other Apporved Sec. (incl. (1) above


Investment subject to Exposure Norms

1.
1.

Approved Investments

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

Balance
(a)

Not less
than
20%
Not less
than
30%

Not less
than
15%
Not
exceedin
g
55%
Total Investment Assets
100%

'Housing & Loans to SG for Housing and FFE,


Infrastructure Investments

3. Other Investments (not exceeding 25%)

Reg. %

FRSM
(b)

27,425

27,541
29,184

23,463

100%

PH

Book
Value

(c)

d = (b+c)

90,31
0
90,69
3
96,10
3
77,26

5,721

4
18,84
0

56,724
(316)

117,735
118,234
125,287

186,796
243,205

(d + e)

49%

51%

(3
16
-

0%
243,521
241,968

(e)
-

10%

24,561

Total

48%

41%

100,726

FVC
Amount

(3
16
)
-

117,735
118,234
124,971
100,726
24,245
-

PERIODIC DISCLOSURES

FORM NL-29
Insur
er:

Detail regarding debt securities


TATA AIG General Insurance Company
Ltd.

Date:

31-Marc

(Rs in Lakhs)
Detail Regarding debt securities
As at March 31,
2013
Break down by credit rating
AAA rated
AA or better
Rated below AA but above A
Rated below A but above B
Any other
BREAKDOWN BY
RESIDUALMATURIT
Y
Up to 1 year
more than 1 year and upto
3 years
More than 3 years and up to
7 years
More than 7 years and up to
10 years
Above 10 years

MARKET VALUE
as % of total
As at March 31,
for this class
2012

Book
as % of total
for this class

As at March 31,
2013

as % of total
for this class

104,188
130,196

44%
0%
0%
0%
56%

95,689
199
82,623

54%
0%
0%
0%
46%

103,722
132,214

44%
0%
0%
0%
56%

17,341

7%

28,688

16%

17,344

7%

26,232

11%

48,725

27%

26,105

11%

42,121

18%

63,974

36%

42,027

18%

27,590

12%

3,129

2%

27,662

12%

121,099

52%

33,995

19%

122,798

52%

115,717
498

49%
0%

75,459
-

42%
0%

117,735
499

50%
0%

Breakdown by type of
the issurer

a.
b.

Central Government
State Government

1.
2.

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

Note

PERIODIC DISCLOSURES

FORM NL-30 Analytical Ratios


Insure
r:

TATA AIG General Insurance Company


Ltd.

Dat
e:

31-March-2013

Analytical Ratios
Sl.No.

Particular

Quarter
Ended March
31, 2013
42%

Quarter
Ended March
31, 2012
34%

96%
38%
73%
6%

Year Ended
March 31, 2013
30%
344%
38%
70%
6%

93%
12%
87%
6%

Year E
March 3
40%
365
12%
80%
6%

1
2
3
4
5

Gross Direct Premium Growth Rate


Gross Direct Premium to Shareholder's Fund
Growth rate of Shareholder's Fund
Net Retention Ratio
Commission Ratio

Expense of Management to Gross Direct Premium Ratio

28%

28%

29%

29%

7
8
9
10
11
12
13
14
15

Combined Ratio
Technical Reserves to Net Premium Ratio
Underwriting Balance Ratio
Operating Profit Ratio
Liquid Assets to Liabilities Ratio
Net Earning Ratio
Return on Net Worth Ratio
Available Solvency to Required Solvency Margin Ratio
NPA Ratio
Gross NPA Ratio
Net NPA Ratio

69%
345%
-11%
3%
27%
3%
2%
1.61

69%
99%
-4%
10%
27%
7%
17%
1.61

94%
318%
-43%
-33%
40%
-22%
-18%
1.40

75%
89%
-14
-3%
40%
-2%
-6%
1.4

NA
NA

N
N

Equity Holding Pattern for Non-Life Insurers


1
No. of shares
2
Percentage of shareholding (Indian / Total)
%of Government holding (in case of public sector
3
insurance companies)
Basic and diluted EPS before extraordinary items (net of
4
tax e x p e n s e ) f o r t h e p e r i o d ( n o t t o b e
a n n u and
a l i zdiluted
e d ) EPS after extraordinary items (net of
Basic
5
tax e x p e n s e ) f o r t h e p e r i o d ( n o t t o b e
a
n n uvalue
a l i z eper
d ) share (Rs)
6
Book

NA
NA

NA
NA

505,000,000
74%
-

505,000,000
74%
-

450,000,000
74%
-

0.22

2.14

(1.92)

0.22

2.14

(1.92)

12.34

12.34

10.28

450,0

PERIODIC DISCLOSURES

FORM NL-31 : RELATED PARTY TRANSACTIONS


INSURER: TATA AIG GENERAL INSURANCE COMPANY LIMITED

DATE:
(Rs in Lakhs)

31-MARCH-2013
RELATED PARTY TRANSACTIONS

CONSIDERATIO
SL.NO.

7
12
17
22
27
32
37
42

NAME OF THE RELATED PARTY

COMPUTATIONAL RESEARCH LABORATORIES LIMITED


DRIVE INDIA ENTERPRISES SOLUTION LIMITED
INFINITI RETAIL LIMITED
INFINITI RETAIL LIMITED
TATA AIA LIFE INSURANCE COMPANY LIMITED
TATA AIA LIFE INSURANCE COMPANY LIMITED
TATA AIA LIFE INSURANCE COMPANY LIMITED
TATA ASSET MANAGEMENT LIMITED
TATA BUSINESS SUPPORT SERVICES LIMITED
TATA BUSINESS SUPPORT SERVICES LIMITED
TATA CAPITAL LIMITED
TATA CONSULTANCY SERVICES LIMITED
TATA CONSULTING ENGINEERS LIMITED
TATA HOUSING DEVELOPMENT COMPANY LIMITED
TATA INTERNATIONAL LIMITED
TATA INTERNATIONAL LIMITED
TATA REALITY AND INFRASTRUCTURE LIMITED
TATA REALITY AND INFRASTRUCTURE LIMITED
TATA SONS LIMITED

46

TATA SONS LIMITED

47

TATA SONS LIMITED

NATURE OF
RELATIONSHIP
WITH THE CCOMPANY
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
JOINT
VENTURE
PROMOTERS
JOINT
VENTURE
PROMOTERS
JOINT VENTURE

DESCRIPTION OF
TRANSACTIONS /
CATEGORIES
PREMIUM RECEIVED
SERVICES RECEIVED
CLAIMS PAID
PREMIUM RECEIVED
CLAIMS PAID
PREMIUM RECEIVED
AMOUNT DUE TO THE
PREMIUM RECEIVED
PREMIUM RECEIVED
SERVICES RECEIVED
SERVICES RECEIVED
CLAIMS PAID
PREMIUM RECEIVED
CLAIMS PAID
PREMIUM RECEIVED
SERVICES RECEIVED
CLAIMS PAID
PREMIUM RECEIVED
CLAIMS PAID

FOR
THE
QUART
ER

UP TO
THE
QUARTE
R

0
299
390
1
18
295
51
31
404
6
1
3
1
0
-

1
1
1,059
1,551
50
35
295
58
44
662
44
3
1
31
2
8

PREMIUM RECEIVED

88

SERVICES RECEIVED

PERIODIC DISCLOSURES

FORM NL-31 : RELATED PARTY TRANSACTIONS


INSURER: TATA AIG GENERAL INSURANCE COMPANY LIMITED

DATE:
(Rs in Lakhs)

31-MARCH-2013
RELATED PARTY TRANSACTIONS

CONSIDERATIO
SL.NO.

NAME OF THE RELATED PARTY

49

TATA SONS LIMITED

50

CHARTIS MEMSA HOLDINGS INC

51

TATA TELESERVICES (MAHARASHTRA) LIMITED


TATA TELESERVICES (MAHARASHTRA) LIMITED
TATA TELESERVICES (MAHARASHTRA) LIMITED
TATA TELESERVICES LIMITED
TCE CONSULTING ENGINEERS LIMITED

54
59
61
62

GAURAV D. GARG
KAUSHAL K. MISHRA

NATURE OF
RELATIONSHIP
WITH THE CCOMPANY
JOINT
VENTURE
PROMOTER
JOINT
VENTURE
PROMOTER
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
FELLOW SUBSIDIARIES
KEY
MANAGEMENT
PERSONNEL
KEY
MANAGEMENT
PERSONNE

FOR
THE
QUART
ER

UP TO
THE
QUARTE
R

SHARE CAPITAL

SHARE CAPITAL

AMOUNT DUE TO THE


PREMIUM RECEIVED
SERVICES RECEIVED
SERVICES RECEIVED
PREMIUM RECEIVED

5
0
4
30
-

REMUNERATIO
REMUNERATION

TOTAL

4,070

1,430
11
6
40
142
-

72

28

63

2,788

13,097

PERIODIC DISCLOSURES

Insurer:

TATA AIG GENERAL INSURANCE COMPANY LIMITED

Date:

31-March-2013

Products Information - For the Year Ended March 2013

Sl. No.

1
2
3
4
5
6
7
8
9

Name of Product

Auto Secure - Private Car Package Policy - Add on


covers - Road Side Assistance
Personal Extended Protection Policy (Revision)
Auto Secure - Private Car Package Policy - Add on
covers
Home Guard Plus
Travel Guard
Accident Shield
Commercial Vehicle Package Policy - Add on covers
360* ProtectorDirectors & Officers Liability
Insurance - SEC Policy
360* Protector Directors & Officers Liability
Insurance - Non SEC Policy

Co. Ref. No.

IRDA Ref.no.

Class of
Business*

Category of product

None
None

IRDA/NL/PRODUCT/MOTOR/01/2012
IRDA/NL/TATA/P/MISC(P)/V ii/1702/9-10/REV

Personal Lines
Personal Lines

Internal Tariff rated prod


Internal Tariff rated prod

None
HGP0612
TG1203
AS0612
None

IRDA/NL/F&U/TAIG/MOT/ADD-ONS
IRDA/NL-HLT/TATA/MISC(H)P006/V.1/2012-13
IRDA/NL/TATAI/P/MISC(PA)/2040/V.11/12-13
IRDA/NL-HLT/TATAI/MISC/P/10/V.1/12-13
IRDA/NL/F&U/TAIG/Mot/Add-ons

Personal Lines
Accident & Health
Accident & Health
Accident & Health
Personal Lines

Motor
Internal Tariff rated prod
Internal Tariff rated prod
Internal Tariff rated prod
Internal Tariff rated prod

None

IRDA/NL/F&U/D&O-Liability/Tata-AIG

Financial Lines

Exposure Rated

None

IRDA/NL/F&U/D&O-Liability/Tata-AIG

Financial Lines

Exposure Rated

FORM NL-33 - SOLVENCY MARGIN - KGII


TABLE - II
Insurer:
TATA AIG General Insurance Company Limited
Solvency as on March 31, 2013
Available Solvency Margin and Solvency Ratio
(Rs. in Lacs)
(1)

Description
(2)

Notes No.
(3)

Amount
(4)

PERIODIC DISCLOSURES

2
3
4
5

Available Assets in Policyholders Funds (adjusted value


of Assets as mentioned in Form IRDA-Assets-AA):
Deduct:
Liabilities (reserves as mentioned in Form HG)
Other Liabilities (other liabilities in respect of
Policyholders Fund as mentioned in Balance Sheet)
Excess in Policyholders Funds (1-2-3)

Available Assets in Shareholders Funds (value of


Assets as mentioned in Form IRDA-Assets-AA):
Deduct:
Other Liabilities (other liabilities in respect of
Shareholders Fund as mentioned in Balance Sheet)
Excess in Shareholders Funds (5-6)

Total Available Solvency Margin [ASM]

Total Required Solvency Margin [RSM]

10

Solvency Ratio (Total ASM/Total RSM)

(4+7)

210,312
149,300

86,820
(25,808)

82,816

286
82,530
56,722
35,167
1.61

PERIODIC DISCLOSURES
FORM NL-34

: Board of Directors & Key Person

Insurer:

Tata AIG General Insurance Co. Ltd.

Date:

BOD and Key Person information

Sl. No.
1
2
3

Name of person
Mr. Farrokh K. Kavarana
Mr. Ishaat Hussain
Mr. Michael Whitwell
Mr. B.D. Banerjee
Mr. Ashok R Soni
Mr. F.N. Subedar
Mr. Janki Ballabh
Mr. Gaurav Garg
Mr. Kaushal K. Mishra
Mr. Kurush Daruwalla
Mr. M. Ravichandran
Mr. Subramanian Suryanarayanan
Mr. Saket Singhal
Mr. Koushik Gopinath
Mr. Vijay Pandit

6
7
8
11
12
13
16
17
18

Role/designation
Chairman
Director
Director
Director
Director
Director
Director
CEO & Managing Director
CEO
COO
President Insurance
National Head - HR
Appointed Actuary
Chief Investment Officer
National Head - Internal Audit

Details of chang
No Change
No Change
No Change
No Change
No Change
No Change
No Change
Resigned. Tenure upto 11th Septe
W.e.f. 12th September, 2012
Additional Responsibility w.e.f. 12
W.e.f. 12th September, 2012
No Change
No Change
No Change
No Change

Key Persons as defined in IRDA Registration of Companies Regulations, 2000


FORM NL-35-NON PERFORMING ASSETS-7A
Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code
108 Statement as on: 31-March-2013
Details of Investment Portfolio
Periodicity of Submission : Quarterly

%
Company Name

Instrume
nt
Type

Interest
Rate

Total O/s
(Book

Default
Principal

Default
Interest

Principal
Due

Interest Due
from

Deferr
ed

Deferr
ed

Rolled
Over?

Has there been any Principal


Waiver?
Amoun

Board
Approval
Ref

Classifica
n

PERIODIC DISCLOSURES
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.

FORM NL-36-YIELD ON INVESTMENTS 1


Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108
Statement as on: 31-March-2013
Statement of Investment and Income on Investment

Periodicity of Submission: Quarterly


CATEGORY OF INVESTMENT
A
A0
1
A0
3
A0
4
B
B01
B0
3
C
C0
3
C0
7
C0
8

CENTRAL GOVERNMENT SECURITIES


Central Government Bonds
Deposit under Section 7 of Insurance Act, 1938
Treasury Bills
GOVERNMENT SECURITIES/ OTHER APPROVED SECURITIES
Central Government Guaranteed Loans and Bonds
State Government Guaranteed Loans
HOUSING SECTOR INVESTMENTS
Term Loan Debentures & CP to institutions accredited by NHB
Taxable Bonds
Taxable - Bonds / Debentures issued by NHB
Taxable - Bonds / Debentures issued by Authority constitued under any
Housing/Building Scheme approved by Central/State/any Authority or
Body Constituted by Central Sate Act

Rs. Lakhs

CAT
CODE
CG
SB
CD
SS
CT
RB
CG
SL
SG
GL
HT
LN
HT
DN
HT
DA

D0
9
D1
0
D11

INFRASTRUCTURE INVESTMENTS
Taxable Bonds
Taxable - Infrastructure / Social Sector - PSU - Debentures / Bonds
Taxable - Infrastructure / Social Sector - Other Corporate Securities
(Approved Investments) - Debentures/Bonds
Taxfree Bonds
Taxfree - Infrastructure / Social Sector - PSU - Debentures / Bonds
Taxfree - Infrastructure / Social Sector - Other Corporate Securities
(Approved Investments) - Debentures/Bonds
Infrastructure - Other Corporate Securities - CPs

E
E01
E0
2
E0
3
E0
4
E0
8
E1
4
E1
9

INVESTMENT SUBJECT TO EXPOSURE NORMS


PSU (Approved Investment) - Equity Shares - quoted
Corporate Securities (Approved Investment) - Equity Shares
(Ordinary) - quoted
Equity Shares ( incl.Equity Related Instru) - Promoter Group
Corporate Securites - Bonds - Taxable
Corporate Securites - (Approved Investment) - Debentures
Deposits - Deposit with Scheduled Banks
Deposits - Money at call and short notice with banks / Repo
Commercial Papers issued by a Company or All India Financial
Institutions rated Very Strong or more

EA
EQ
EA
CE
EE
PG
EP
BT
EC
OS
EC
DB
EC
MR
EC
CP

F
F01
F0
3

OTHER INVESTMENTS
Other than Approved Investments - Bonds - PSU - Taxable
Other than Approved Investments - Equity Shares (incl. PSUs and
Unlisted)

OB
PT
OE
SH

D0
6
D0
7

Grand Total

IPT
D
IC
TD
IPF
D
IC
FD
IC
CP

CURRENT QUARTER AS AT 31-MARCH-2013


INCOM
GROSS
INVESTMENT
NET YIELD
E
YIELD
117,735
2,654
9.80%
9.80%
116,215
2,426
10.43%
10.43%
1,520
27
7.33%
7.33%
201
5.81%
5.81%

YEAR TO DATE AS AT 31-MARCH-2013


GRO
NET
INVESTMENT
INCOME
SS
YIELD
YIEL
117,735
8,772
9.73%
9.73%
116,215
8,088
9.94%
9.94%
1,520
107
6.95%
6.95%
577
7.95%
7.95%

499
499

(28)
(37)
9

-8.29%
-17.13%
7.66%

-8.29%
-17.13%
7.66%

499
499

153
116
37

4.38%
3.89%
7.39%

4.38%
3.89%
7.39%

43,014
43,014
269

828
828
7

8.37%
0.00%
8.37%
7.42%

8.37%
0.00%
8.37%
7.42%

43,014
43,014
269

3,020
3,020
49

9.83%
0.00%
9.83%
6.05%

9.83%
0.00%
9.83%
6.05%

42,745

820

8.38%

8.38%

42,745
2,971

9.94%

57,712
55,158
54,163
995
2,554
2,554

1,939
1,687
1,516
171

13.63%
12.92%
15.09%

13.63%
12.92%
15.09%

57,712
55,158
54,163

7,154
4,647
4,154

10.18%
10.92%
12.00%

10.18%
10.92%
12.00%

5.67%
21.60%
21.60%
00
0
%
0.00%

995
2,554
2,554

494
2,425
2,425

6.21%
9.15%
9.15%

6.21%
9.15%
9.15%

82

0.00
6.61%

6.61%

24,561
840

145
(853)

0.73%
-61.39%

0.73%
-61.39%

4,146
2,995
2,599

(201)
(166)
244
45
57
738

-7.02
-66.24%
14.61%
11.64%
5.90%
7.53%

5.67%
21.60%
21.60%
.
000
%
0.00%

320
(79)

5.98%
-32.87%

5.98%
-32.87%

72

8. 93%

8.93%

(111)
112
29
177

-100.00%
12.30%
4.72%
0.00%
8.38%

-100.00%
12.30%
4.72%
0.00%
8.38%

26

10. 44%

10. 44%

0.00%
0.00%

0.00%
0.00%

0.00%

0. 00%

24,561
840

252
252

9.94%

.
000%

-7.02%

4 , 146
2,995
2,599

-66.24%
14.61%
11.64%
5.90%
7.53%
14.39%

44

4
4

14.39
4.92%
4.92%

4.92%
4.92%
0.00%

243,521

5,713

243,521

19,247

0.00

PERIODIC DISCLOSURES
FORM NL-37-DOWN GRADING OF INVESTMENT-2
Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108
Statement as on: 31-March-2013
From Date : 01-Jan-2013 To Date : 31-March-2013
Statement of Down Graded Investments
Periodicity of Submission: Quarterly
Rs. Lakhs
Name of the Security

COI

Amount

Date of
Purchase

Rating Agency

Original Grade

Current Grade

Date of
Downgrad

A
During the Quarter
.
NA

N
A

N
A

N
A

NA

NA

NA

N
A

N
A

N
A

N
A

NA

NA

NA

N
A

B
As on Date
.
NA

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.

D
a
t
e
:

PERIODIC DISCLOSURES
N
o
t
e
:
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

PERIODIC DISCLOSURES
FORM NL-56

Insurer: Tata AIG General Insurance Co. Ltd.

Date:
31-March-2013

(Rs in Lakhs)
Quarterly Business Returns across line of Business
Current Quarter
Sl.No.
1
2
3
4
5
8
9
10

Line of Business
Fire
Cargo & Hull
Motor TP
Motor OD
Engineering
Aviation
Personal Accident
Health
Others
Total

Premium
7,063
5,133
703
31,408
516
26
2,690
5,870
1,209
59,412

No. of Policies
24,599
9,782
13,711
550,385
473
174,861
115,337
25,542
918,312

Same Quarter previous year


Premium
3,654
4,450
3,260
18,661
584
2,718
3,618
1,094
41,890

No. of Policies
10,674
11,849
31,125
454,460
458
151,495
111,193
35,711
810,035

upto the period


Premium
27,458
21,066
6,941
97,476
5,106
110
12,016
18,187
5,457
213,507

No. of Policies
59,843
43,245
76,286
1,923,614
1,954
7
701,793
502,017
91,418
3,413,443

PERIODIC DISCLOSURES
FORM NL-57

FORM NL-39
Insurer:

Rural & Social Obligations (Quarterly Returns)


Tata AIG General Insurance Co. Ltd.

Date:
31-March-2013

(Rs in Lakhs)
Rural & Social Obligations (Quarterly Returns)

Sl.No.

Line of Business
Fir

1
2

Cargo & Hul

Motor T

Motor O
Engineerin

5
6

Workmen's Compensatio

Employer's Liabilit
Aviatio

8
9

Personal Acciden

10

Health

11

Others

Particular
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social
Rural
Social

CURRENT QUARTER
No. of Policies Issued
Premium Collected
4,769
1,119
418

501

Sum Assured
6,437,677

No. of Policies Issu


10,5

123,329

1,8

149,312

6,512

251,421

481,3

11

22

36,094

26

792

343

439

202,368

11,930

251

1,038,963

20,2

6,539
14,228

3,804
3,207
278

1,688,135
230,617
12,790

26,3

49,1

PERIODIC DISCLOSURES
FORM NL-58

Insure
r:

Tata AIG General Insurance Co.


Ltd.

Da
te:

31-March-2013
(Rs in Lakhs)

Business Acquisition through different channels


Current Quarter

Sl.No.
1
2
3
4
5
6

Channels
Individual Agents
Corporate Agents-Banks
Corporate Agents -Others
Brokers
Micro Agents
Direct Business
Total (A)

Referral (B)
Grand Total (A+B)

Same quarter Previous


Year

No.
of
Polici
196,202
90,419
52,983
97,484

Premium
17,990
3,472
1,069
16,920

No.
of
Polici
175,323
37,908
57,654
83,187

Premium
10,924
1,137
1,261
12,781

480,873
917,961
351
918,312

19,895
59,346
66
59,412

455,963
810,035
810,035

15,789
41,890
41,890

Note:
1. Premium means amount of remium
received f rom
business acuired b
the source p q y
2. No of Policies stand for no. of policies sold at coverage level

Up to the perio
No.
of
Polici
725,257
223,437
196,145
361,184
1,907,069
3,413,092
3,413,092

Premium
57,605
7,838
3,947
69,606
74,445
213,441
213,441

N
o
P

1,
3,

3,

PERIODIC DISCLOSURERS

FORM NL-41 GRIEVANCE DISPOSAL

Insurer: Tata AIG General Insurance Co. Ltd.


Date:
31-March-2013
GRIEVANCE DISPOSAL FOR THE QUARTER UPTO 31-MARCH2013 DURING THE FINANCIAL YEAR 2012-13

Sl. No.
1
a
)b
c) )
h
)

Particulars
Complaints made by customers
Proposal Related
Claim
Policy Related
Cover Note Related
Product
Total Number of complaints:

Total No. of policies during previous year:

Total No. of claims during previous year:

Opening Balance* As
on beginning of the
quarter
23
21
1
76

Additions during
the
quarter
7
274
519
5
1,218

2,437,155
298,336

Total No. of Claim Complaints (current year) per 10,000


claims registered (current year)

8
(a)
( d )30

Duration wise Pending Status


Upto 7
days
- 30 Days
- 90 Days
Total No. of Complaints

Complaints Resolved / Settled during


the quarter
Partial
Full
Rejecte
Accept
Accepted
d
ed
5
1
5
145
82
8
1
482
13
4
5
9
958
163
5

26.62
Complaints made by
Customers
50
78

Complaints made
by
Intermediaries -

Total
5
-0
7
8

Compl
Pendin
the
end o
quar

31-March-2013
Insurer: Tata AIG General Insurance Co. Ltd.

Date:

Total No. of policies during previous year:

Total No. of claims during previous year:

298,336

Total No. of claims during current year:

382,392

Total No. of Policy complaints (current year) per


10,000 policies (current year) ;

20.15

Total No. of Claim Complaints (current year) per 10,000


claims registered (current year)

26.62

8
(a)
( b )7
( c )15

Duration wise Pending Status


Upto 7
-days
15
- 30Days
Days

2,437,155

Complaints made by
Customers
50
28
-

Complaints made
by
Intermediaries -

Total
5
0
2
-8

( d )30
(e)

- 90 Days
90 days & Beyond
Total No. of Complaints

78

7
8

* Opening balance should tally with the closing balance of the previous financial year
Note:
1 Points 1 (a) to 1 (i) and Point No.2 have been considered for the calculation of Point No. 6
2 Points 1 (b) and Point No. 5 have been considered for the calculation of Point No. 7
PERIODIC DISCLOSURERS
FORM NL-41 GRIEVANCE DISPOSAL
GRIEVANCE DISPOSAL FOR THE FINANCIAL YEAR 2012-13

Sl. No.
1
a
)b
c) )
d
)e)
f)
g
)h
) i)

Particulars
Complaints made by customers
Proposal Related
Claim
Policy Related
Premium
Refund
Coverage
Cover Note Related
Product
Others
Total Number of complaints:

Opening Balance* As
on
beginning of the year
2
3
2
86
2
1
-9
1
3
9
1

Additions during
the
period
27
1,018
2,260
78
157
1,032
6
13
865
5,456

Complaints Resolved / Settled during the


period
Full
Partial
Accepted
Accepted
Rejected
22
563
2,095
64
127
841
6
10
749
4,477

1
231
52
5
9
29
41
368

3
235
110
14
15
167
2
78
624

Comp
Pend
th

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