FORM NL-1-B-RA Agriculture Insurance Company of … · For the quarter Up to the Quarter For the...

For the quarter Up to the Quarter

For the

corresponding

quarter of the

preceding year

Up to the

corresponding

Quarter of the

preceding year

01.04.2017 to

30.06.2017

01.04.2017 to

30.06.2017

01.04.2016 to

30.06.2016

01.04.2016 to

30.06.2016

1 Premium Earned (Net)

NL-4-

Premium

Schedule 1197708 1836801 1836801

2 Profit/Loss on Sale/Redemption of Investments 30765 30765 7578 7578

3 Accretion of Discount on Investment 159600 159600 7258 7258

4 Interest, Dividend & Rent -Gross 908286 908286 692848 692848

TOTAL (A) 2296359 2296359 2544485 2544485

1 Claims Incurred (Net)

NL-5-Claim

Schedule (919394) (919394) 1749684 1749684

2 Commission

NL-6-

Commission

Schedule (385) (385) (21370) (21370)

3 Operating Expenses related to Insurance Business

NL-7-

Operating

Expense

Schedule 258121 258121 294820 294820

4 Premium Deficiency 0 0

5 Bank Interest 12209 12209

6 Expenses related to Investments :

a) Amortization of Premium on Investments 10222 10222 4600 4600

b) Stock Holding Charges 622 622 415 415

c) Bank Interest & Charges 0 0 0 0

d) Other expenses related to investment 48 48 16 16

TOTAL (B) (650766) (650766) 2040374 2040374

Operating Profit from Crop Insurance Business C=(A-B) 2947125 2947125 504111 504111

APPROPRIATIONS

Transfer to Shareholders' Account 2947125 2947125 504111 504111

Transfer to Catastrophe Reserve 0 0 0 0

Transfer to Other Reserves 0 0 0 0

TOTAL 2947125 2947125 504111 504111

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 ENDING 30TH JUNE 2017

SN Particulars

(Rs. in '000)

For the quarter Up to the Quarter

For the

corresponding

quarter of the

preceding year

Up to the

corresponding

Quarter of the

preceding year

01.04.2017 to

30.06.2017

01.04.2017 to

30.06.2017

01.04.2016 to

30.06.2016

01.04.2016 to

30.06.2016

1 OPERATING PROFIT/(LOSS)

(a) Fire Insurance

(b) Marine Insurance

(c ) Misc. Insurance-Crop

Insurance

2947125 2947125 504111 504111

2 INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent – Gross 244857 244857

487260 487260

(b) Profit on sale of investments 8294 8294 5329 5329

Less: Loss on sale of investments 0 0 0 0

c) Accretion of Discount on 43025 43025 5105 5105

3 OTHER INCOME

a) Miscellaneous Receipts 26318 26318 970 970

b) Income from administration of

outgoing Co-insurance Business

255 255 130 130

TOTAL (A) 3269874 3269874 1002905 1002905

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 (180665) (180665) 1316 1316

5 OTHER EXPENSES

(a) Expenses other than those

related to Insurance Business

i) Amortisation of Premium on

Investments

2755 2755 3236 3236

ii) Stock Holding Charges 168 168 292 292

iii) Bank Charges 0 0 0 0

iv) Other expenses related to

investment

13 13 11 11

(b) Bad debts written off 0 0 0 0

(c) Others

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

ii) Prior Period Expenses 0 0 30 30

iii) Corporate Social Responsibility 2830 2830 10657 10657

iv) Other 0 0 5 5

TOTAL (B) (174899) (174899) 15547 15547

Profit Before Tax (C=A-B) 3444773 3444773 987358 987358

Provision for Taxation 1077985 1077985 320657 320657

Profit After Tax (D) 2366788 2366788 666701 666701

0 0 0 0

0 0 0 0

0 0 0 0

(d) Corporate social responsibility 0 0 0 0

0 0 0 0

2366788 2366788 666701 666701

(e) Transfer to any Reserves or Other

Balance of profit/ loss brought forward from

Balance carried forward to Balance Sheet

APPROPRIATIONS

(a) Interim dividends paid during the year

(b) Proposed final dividend

(c) Dividend distribution tax

FORM NL-2-B-PL



PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDING 30TH JUNE, 2017

SN Particulars Schedule

(Rs. in '000)

CIN: U74999DL2002PLC118123

UP TO THE QUARTERup to the Quarter of the

preceeding year

01.04.2017 to 30.06.2017 01.04.2016 to 30.06.2016

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

30039401 25101633

FAIR VALUE CHANGE

ACCOUNT

137034 (83871)

DEFERRED TAX LIABILITY 34499 10497

BORROWINGS NL-11-Borrowings

Schedule

961737 2016900

TOTAL 33172671 29045159

APPLICATION OF FUNDS

INVESTMENTS NL-12-Investment

Schedule

73188101 57050417

LOANS NL-13-Loans

Schedule

65484 38837

FIXED ASSETS NL-14-Fixed Assets

Schedule

1264090 546479

DEFERRED TAX ASSET 0 0

CURRENT ASSETS

CASH AND BANK BALANCES NL-15-Cash and

bank Balance

Schedule

19858326 3388940

ADVANCES AND OTHER

ASSESTS

NL-16-Advances and

Other Assets

Schedule

8980589 12704683

Sub-Total (A) 28838915 16093623

CURRENT LIABILITIES NL-17-Current

Liabilities Schedule

62118332 32837150

PROVISIONS NL-18-Provisions

Schedule

8065587 11847047

DEFERRED TAX LIABILITY

Sub-Total (B) 70183919 44684197

NET CURRENT ASSETS (C) =

(A - B)

(41345004) (28590574)

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 33172671 29045159

Particulars Schedule

FORM NL-3-B-BS



BALANCE SHEET AS AT 30TH JUNE, 2017

(Rs. in '000)

CIN: U74999DL2002PLC118123

For the quarter Up to the quarter

For the corresponding

quarter of the

preceding year

Up to the

corresponding Quarter

of the preceding year

01.04.2017 to 30.06.2017 01.04.2017 to 30.06.2017 01.04.2016 to 30.06.2016 01.04.2016 to 30.06.2016

Premium from Direct Business

written(Net of Service Tax) 401768 401768 2421123 2421123

Add: Premium on reinsurance

accepted 86989 86989 0 0

Less : Premium on reinsurance

ceded 310812 310812 203652 203652

Net Premium 177945 177945 2217471 2217471

Adjustment for change in reserve for

unexpired risks1019763 1019763 (380670) (380670)

Premium Earned (Net) 1197708 1197708 1836801 1836801

Particulars

PREMIUM EARNED (NET) FOR THE PERIOD ENDING 30TH JUNE, 2017

FORM NL- 4 - PREMIUM SCHEDULE



(Rs in '000)

CIN: U74999DL2002PLC118123


For the

corresponding

quarter of the

preceding year

Up to the

corresponding

Quarter of the

preceding year

01.04.2017 to

30.06.2017

01.04.2017 to

30.06.2017

01.04.2016 to

30.06.2016

01.04.2016 to

30.06.2016

Claims Paid - Direct 20980498 20980498 7633078 7633078

Add: Reinsurance Accepted 7157 7157 0 0

Less:Reinsurance Ceded 14963899 14963899 1654080 1654080

Net Claims paid 6023756 6023756 5978998 5978998

Add: Claims Outstanding at the end of the current year 84805799 84805799 45399784 45399784

Add: Reinsurance Accepted 86836 86836 0 0 Less: Reinsurance Ceded 58116365 58116365 22939051 22939051 Net Claims Outstanding at the end of Current year 26776270 26776270 22460733 22460733

Less :Claims Outstanding at the beginning 108486297 108486297 52326983 52326983

Add: Reinsurance Accepted 16393 16393 0 0

Less: Reinsurance Ceded 74783270 74783270 25636936 25636936

Net Claims Outstanding at the beginning 33719420 33719420 26690047 26690047

Gross Incurred Claims (2700000) (2700000) 705879 705879

Add: Re-insurance accepted to direct claims 77600 77600 0 0

Less: Re-insurance Ceded to claims paid (1703006) (1703006) (1043805) (1043805)

Total Claims Incurred (919394) (919394) 1749684 1749684



FORM NL-5 - CLAIMS SCHEDULE

Particulars

CLAIMS INCURRED [NET] FOR THE PERIOD ENDING 30TH JUNE, 2017

(Rs in '000)

CIN: U74999DL2002PLC118123

For the Quarter Up to the Quarter


quarter of the preceding

year

Up to the corresponding

Quarter of the preceding

year

01.04.2017 to 30.06.2017 01.04.2017 to 30.06.2017 01.04.2016 to 30.06.2016 01.04.2016 to 30.06.2016

Direct11459 11459 292 292

Add: Re-insurance Accepted21290 21290 0 0

Less: Commission on Re-insurance Ceded33134 33134 21662 21662

Net Commission(385) (385) (21370) (21370)

Agents 0 0 0 0

Brokers11442

11442 172 172

Corporate Agency 0 0 0 0

Others: 0

(i) Micro Insurance Agents/NGO's etc17

17 101 101

(ii) Service Charges to Banks0

0 0 0

(iii) Reimbursement to GIPSA Companies

(Coinsurance-Tie Up)0 0 19 19

iv) Insurance Commission to others 0 0 0 0

TOTAL (B) 11459 11459 292 292

COMMISSION FOR THE PERIOD ENDING 30TH JUNE, 2017



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 of the preceding

year

Up to the corresponding

Quarter of the preceding

year

01.04.2017 to 01.04.2017 to 01.04.2016 to 30.06.2016 01.04.2016 to 30.06.2016

1 Employees' Remuneration & Welfare benefits 103683 103683 186266 186266

2 Travel, conveyance and vehicle running

expenses

6063 6063 6477 6477

3 Training expenses 198 198 66 66

4 Rents, rates & taxes 26335 26335 20081 20081

5 Repairs 2681 2681 1934 1934

6 Printing & Stationery 1844 1844 1609 1609

7 Communication 1859 1859 1470 1470

8 Legal & Professional Charges 1769 1769 1147 1147

9 Auditor's Fees, Expenses etc

(a) as auditor 1437 1437 127 127 (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 2633 2633 8527 8527

11 Research & Development Expenses 0 0 0 0

12 Fee & Subscription to Statutory Authorities 5225 5225 4831 4831

13 Interest & Bank Charges 27 27 44 44

14 Depreciation 26435 26435 25685 25685

15 Information Technology 48610 48610 26731 26731

16 Service charges to Banks/FI's 11360 11360 1816 1816

17 Other 17962 17962 8009 8009

Total 258121 258121 294820 294820



FORM NL-7 OPERATING EXPENSES SCHEDULE

SN Particulars

FOR THE PERIOD ENDING 30TH JUNE, 2017

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

(Rs in '000)

CIN: U74999DL2002PLC118123

SN Particulars As at 30.06.2017

As at 30.06.2016 for the

corresponding previous

year

1 Authorised Capital

Equity Shares of Rs 10 each 15000000 15000000

2 Issued Capital

Equity Shares of Rs.10 each 2000000 2000000

3 Subscribed Capital


4 Called-up Capital


Less : Calls unpaid

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 AS AT 30TH JUNE, 2017

(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


corresponding previous yearAs at 30.06.2017

PATTERN OF SHAREHOLDING AS AT 30TH JUNE, 2017

[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

6 Other Reserves

Balance of Profit in Profit & Loss Account 2366788 666701

TOTAL 30039401 25101633

(Rs in '000)

As at 30.06.2017



year

FORM NL-10 - RESERVES AND SURPLUS SCHEDULE



RESERVES AND SURPLUS AS AT 30TH JUNE, 2017

CIN: U74999DL2002PLC118123


As at 30.06.2016 for

the corresponding

previous year

1 Debentures/ Bonds 0 02 Banks 961737 2016900

3 Financial Institutions 0 0

4 Others (to be specified) 0 0

961737 2016900TOTAL

CIN: U74999DL2002PLC118123

FORM NL-11 - BORROWINGS SCHEDULE

BORROWINGS AS AT 30TH JUNE, 2017



(Rs.’000)


As at 30.06.2016 for

the corresponding

previous year

LONG TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills 11345356 11643692

2 Other Approved Securities 7695055 6958244

3 Other Investments

( a) Shares

(aa) Equity 2028034 1065552

(bb) Preference

( b) Mutual Funds 0 0

(c) Derivative Instruments 0 0

(d) Debentures/ Bonds 8444358 6899246

(e) Other Securities-Tier II Bonds 0 0

(f) Subsidiaries 0 0

(g) Investment Properties-Real Estate 0 0

4 Investments in Infrastructure and Social Sector

6884747 5475495

5 Other than Approved Investments 14178 12880

Sub-total (A) 36411728 32055109

SHORT TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills 17989513 1030333

2 Other Approved Securities 60483 81090

3 Other Investments 0 0

(a) Shares 0 0

(aa) Equity 0 0

(bb) Preference 0 0

(b) Mutual Funds 43782 1270503

(c) Derivative Instruments 0 0

(d) Debentures/ Bonds 2474952 2000000

(e) Other Securities (Commercial Papers) 15218816 18695850

(f) Subsidiaries 0 0

(g) Investment Properties-Real Estate 0 0

4 Investments in Infrastructure and Social Sector

988827 950204

5 Other than Approved Investments 0 967328

Sub-total (B) 36776373 24995308

TOTAL 73188101 57050417

(Rs.’000)


FORM NL-12 - INVESTMENT SCHEDULE

INVESTMENTS AS AT 30TH JUNE, 2017


CIN: U74999DL2002PLC118123




year

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 65484 38837

Unsecured 0 0

TOTAL 65484 38837

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) 65484 38837

TOTAL 65484 38837

3 PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard

(aa) In India 65484 38837


(b) Non-performing loans less provisions

(aa) In India 0 0


TOTAL 65484 38837

4 MATURITY-WISE CLASSIFICATION

(a) Short Term 0 0

(b) Long Term 65484 38837

TOTAL 65484 38837

FORM NL-13 LOANS SCHEDULE

LOANS AS AT 30TH JUNE, 2017



(Rs. in '000)

CIN: U74999DL2002PLC118123

As at

01.04.2017

Addition

: during

the year

Less:Discar

ded/Sale

during the

year

As at

30.06.2017

As at

01.04.2017

For the

current

year

On sale

/adjustment

Transferre

d to

Retained

Earning

Upto date

30.06.2017

As at

30.06.2017

As at

31.03.2017

Goodwill

Intangibles (Computer Software) 466066 384 0 466450 338742 17017 0 0 355759 110691 127324

Land-Freehold 0 0 0 0 0 0 0 0 0 0

Leasehold Property 0 0 0 0 0 0 0 0 0 0

Buildings 364494 6925 0 371419 79925 3545 0 0 83470 287949 284569

Furniture & Fittings 16946 202 0 17148 12236 294 0 0 12530 4618 4710

Information Technology Equipment 161248 3491 0 164739 132712 3747 0 0 136459 28280 28536

Vehicles 32552 4033 828 35757 17382 860 0 0 18242 17515 15170

Office Equipment 11028 509 84 11453 8824 146 0 0 8970 2483 2204

Electrical Equipment & Fittings 9923 369 0 10292 6889 210 0 0 7099 3193 3034

Work In Progress 582731 226630 0 809361 0 0 0 0 0 809361 582731

GRAND TOTAL 1644988 242543 912 1886619 596710 25819 0 0 622529 1264090 1048278

PREVIOUS YEAR(31.03.2017) 1095975 600387 51374 1644988 521488 122560 47339 0 596710 1048278 -

CIN: U74999DL2002PLC118123


Cost/Gross Block

Particulars

(Rs.’000)

FORM NL-14 - FIXED ASSETS SCHEDULE

FIXED ASSETS AS AT 30TH JUNE, 2017


Depreciation Net Block

FOR THE

QUARTER

UP TO THE

QUARTER


quarter of the

preceding year

Up to the

corresponding

Quarter of the

preceding year

01.04.2017 to

30.06.2017

01.04.2017 to

30.06.2017

01.04.2016 to

30.06.2016

01.04.2016 to

30.06.2016

1 Cash (including cheques, drafts and

stamps)

43 43 56 56

2 Bank Balances

(a) Deposit Accounts

(aa) Short term (due within 12 months)

(i) Govt. A/c with IDBI Bank 18273190 18273190 857100 857100

(ii) Others 0 0 (b) (i) Current Accounts 1585093 1585093 2531784 2531784 (ii) Others 0 0 0 0

3 Money at Call and Short Notice

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

4 Others 0 0 0 0TOTAL 19858326 19858326 3388940 3388940

FORM NL-15 - CASH AND BANK BALANCES SCHEDULE

CASH AND BANK BALANCES AS AT 30TH JUNE, 2017



(Rs.’000)

ParticularsSN

CIN: U74999DL2002PLC118123



corresponding

previous year

ADVANCES

1 Reserve deposits with ceding companies 0 0

2 Application money for investments 0 0

3 Prepayments 23357 32198

4 Advances to Directors/Officers 4919 3285

5 Advance tax paid and taxes deducted at source

(Net of provision for taxation)

1321362 1177556

6 Others:

(a) Advance Rent paid 612 5626

(b) Sundry Advances 21205 33229

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

TOTAL (A) 1353622 1234061

OTHER ASSETS

1(a) Income accrued on investments

Accrued but not due 1824003 2041162

Accrued and due

1(b) Income accrued on Flexi deposit

2 Outstanding Premiums

3 Agents’ Balances

4 Due from other entities carrying on insurance

business(including reinsurers)

48713 1387649

5 Due from subsidiaries/ holding

6 Others:

a) Sundry Deposits 85253 50368

b) Advance against Capital Assets 859612 776580

c) Short Collection 17645 215755

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

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

Board)

2770499 4977578

f) Service Tax Unutilized Credit 21242 21531

TOTAL (B) 7626967 11470622

GRAND TOTAL (A+B) 8980589 12704683

CIN: U74999DL2002PLC118123

ADVANCES AND OTHER ASSETS AS AT 30TH JUNE, 2017

FORM NL-16 - ADVANCES AND OTHER ASSETS SCHEDULE



(Rs.’000)

SN ParticularsAs at 30.06.2017 for

the current quarter

As at 30.06.2016 for

the corresponding

previous quarter

1 Agents’ Balances 0 0

2 Balances due to other insurance companies 15537518 47979

3 Deposits held on re-insurance ceded 0 0

4 Premiums received in advance 0 0

5 Unallocated Premium 0 0

6 Sundry Creditors 935976 759373

7 Due to subsidiaries/ holding company 0 0

8 Claims Outstanding 26734448 22410218

9 Due to Officers/ Directors 0 0

10 Others:

a) Excess Collection of Premium 957217 900472

b) Expenses Payable 277804 87267

c) Earnest Money Deposit 5041 2714

d) Government (Centre/States/UTs/Coffee Board) 17351295 8343211

11 Unclaimed Amount of policyholders 319033 285916

TOTAL 62118332 32837150

FORM NL-17 - CURRENT LIABILITIES SCHEDULE



CURRENT LIABILITIES FOR THE PERIOD ENDING 30TH JUNE, 2017

(Rs.’000)




year

1 Reserve for Unexpired Risk 7869822 11520905

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

3 For Proposed Dividends 0 0

4 For Dividend Distribution Tax 0 0

5 Others:

(i) Provision for Retirement Benefits 179788 168350

(ii) Provision for Doubtful Debts 47 47

(iii) Provision on Standard Assets 0 140353

(iv) Provision for Loyalty Discount 8 8

(v) Provision for Outstanding Expenses 10200 7200

(vi) Provision for Purchase 5722 10184

(vii) Reserve for Premium Deficiency 0 0

TOTAL 8065587 11847047

(Rs.’000)

FORM NL-18 - PROVISIONS SCHEDULE

PROVISIONS AS AT 30TH JUNE, 2017



CIN: U74999DL2002PLC118123


As at 30.06.2016 for

the corresponding

previous year

1 Discount Allowed in issue of

shares/ debentures

0 0

2 Others :

(i) Research & Development

Expenses

0 0

(ii) Preliminary Expenses 0 0

FORM NL-19 - MISCELLANEOUS EXPENDITURE SCHEDULE

MISCELLANEOUS EXPENDITURE AS AT 30TH JUNE, 2017

(To the extent not written off or adjusted)



(Rs.’000)

CIN: U74999DL2002PLC118123

Particulars Amount

(Rs in '000)

Cash Flows from the Operating Activities:

Premium received from policyholders, including advance receipts 258211

Other receipts 26574

Payments to the re-insurers, net of commissions and claims 14776275

Payments to co-insurers, net of claims recovery 0

Payments of claims (20987655)

Payments of commission and brokerage (32749)

Payments of other operating expenses (275729)

Preliminary and pre-operative expenses 0

Deposits, advances and staff loans (16455)

Income taxes paid (Net) (360000)

Service tax paid (0)

Other payments (2830)

Increase/decrease in current assets 12437177

Increase/decrease in liability (2220514)

Cash flows before extraordinary items 3602305

Cash flow from extraordinary operations 0

Net cash flow from operating activities 3602305

Cash flows from investing activities:

Purchase of fixed assets (237350)

Proceeds from sale of fixed assets 912

Purchases of investments (426396)

Loans disbursed 0

Sales of investments 0

Repayments received 0

Rents/Interests/ Dividends received 911800

Investments in money market instruments and in liquid mutual funds (Net)* 2343660

Expenses related to investments (850)

Net cash flow from investing activities 2591776

Cash flows from financing activities:

Proceeds from issuance of share capital 0

Proceeds from borrowing 961737

Repayments of borrowing 0

Increase in Liabilities 0

Interest/dividends paid 0

Net cash flow from financing activities 0

Net cash flow from financing activities 961737

Effect of foreign exchange rates on cash and cash equivalents, net 0

Net increase in cash and cash equivalents: 7155817

Cash and cash equivalents at the beginning of the year 12702509

Cash and cash equivalents at the end of the year 19858326

FORM NL-20 RECEIPT AND PAYMENTS SCHEDULE


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

RECEIPT AND PAYMENTS FOR THE PERIOD ENDING 30TH JUNE, 2017

CIN: U74999DL2002PLC118123

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 78698 150751 117011 346461 115233 122190 102418 339840

5 Total Liabilities 78698 150751 117011 346461 115233 122190 102418 339840

FORM NL-21 - STATEMENT OF LIABILITIES

FOR THE QUATER (01.04.2017-30.06.2017)



STATEMENT OF LIABILITIES AS AT 30TH JUNE, 2017

(Rs. in Lakh)

FOR THE CORRESPONDING QUARTER OF

PRECEEDING YEAR(01.04.2016-30.06.2016)

CIN: U74999DL2002PLC118123

For the Quarter 1 FY

2017-18

Upto the Quarter 1 FY

2017-18

For the Quarter 1

FY 2017-18

Upto the Quarter 1

FY 2017-18

Andhra Pradesh 76.45 76.45 76.45 76.45

Arunachal Pradesh 0.00 0.00 0.00 0.00

Assam 0.00 0.00 0.00 0.00

Bihar 0.00 0.00 0.00 0.00

Chhattisgarh -0.33 -0.33 -0.33 -0.33

Goa 0.00 0.00 0.00 0.00

Gujarat 1.52 1.52 1.52 1.52

Haryana 0.00 0.00 0.00 0.00

Himachal Pradesh 981.92 981.92 981.92 981.92

Jammu & Kashmir 0.00 0.00 0.00 0.00

Jharkhand 0.01 0.01 0.01 0.01

Karnataka 90.34 90.34 90.34 90.34

Kerala 22.37 22.37 22.37 22.37

Madhya Pradesh 219.39 219.39 219.39 219.39

Maharasthra 0.80 0.80 0.80 0.80

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 0.00 0.00 0.00 0.00

Punjab 0.00 0.00 0.00 0.00

Rajasthan 813.46 813.46 813.46 813.46

Sikkim 0.00 0.00 0.00 0.00

Tamil Nadu 1059.09 1059.09 1059.09 1059.09

Telangana 0.00 0.00 0.00 0.00

Tripura 0.00 0.00 0.00 0.00

Uttar Pradesh 899.72 899.72 899.72 899.72

Uttrakhand 3043.73 3043.73 3043.73 3043.73

West Bengal -3190.80 -3190.80 -3190.80 -3190.80

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 4017.68 4017.68 4017.68 4017.68

Grand Total

GROSS UNDERWRITTEN PREMIUM FOR THE PERIOD ENDING 30TH JUNE, 2017

(Rs. in Lakh)

STATES

CIN: U74999DL2002PLC118123

Crop Insurance

FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS



FORM NL-23 Reinsurance Risk Concentration

Insurer Agriculture Insurance Company of India Ltd.

CIN U74999DL2002PLC118123

Statement as on 30.06.2017 (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

2 No. of Reinsurers with rating AA but less than AAA 6 135.30 16.60 4.89

3 No. of Reinsurers with rating A but less than AA 42 492.45 36.19 17.01

4 No. of Reinsurers with rating BBB but less than A 2 9.13 0.58 0.31

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

6 No. of Indian Reinsurers 10 2370.98 46.88 77.79

Total 60 3007.87 100.25 100.00

Nil

PERIODIC DISCLOSURES

Reinsurance Risk Concentration

No. of

reinsurers

Premium ceded to reinsurers Premium ceded

to reinsurers /

Total

reinsurance

premium ceded

(%)

FORM NL-24 Ageing of Claims


CIN U74999DL2002PLC118123

Statement for the year ending 30.06.2017 (Rs in Lakhs)

Line of BusinessTotal No. of

claims paid

Total

amount of

claims paid1 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 493359 986720 28043 878449 27174 2413745 209804

12 Miscellaneous


Ageing of Claims

Sl.No.No. of claims paid

FORM NL-25 : Quarterly claims data for Non-Life


CIN U74999DL2002PLC118123

Statement for the Quarter ended 30.06.2017

No. of claims only

Sl. No. Claims Experience Crop Total

1 Claims O/S at the beginning of the period 7939232 7939232

2 Claims reported during the period 452143 452143

3 Claims Settled during the period 2413745 2413745

4 Claims Repudiated during the period 8 8

5 Claims closed during the period 13 13

6 Claims O/S at End of the period 5977609 5977609

7 Less than 3months 2290372 2290372

8 3 months to 6 months 205833 205833

9 6months to 1 year 1285113 1285113

10 1year and above 2196291 2196291


1 Fire

2 Marine Cargo

3 Marine Hull

4 Motor

5 Engineering

6 Aviation

7 Laibilities

8 Others-Crop Insurance 679503 157396 803630 213231 67950 120544 120544

9 Health

Total 679503 157396 803630 213231 67950 120544 120544

CIN: U74999DL2002PLC118123

CLAIMS

FORM NL-26 CLAIMS INFORMATION -KG TABLE I



REQUIRED SOLVENCY MARGIN BASED ON NET PREMIUM AND NET INCURRED CLAIMS

(Rs. in Lakh)

SN Description

PREMIUM

RSMGross

Premium

Net

Premium

Gross

incurred

claim

Net

incurred

Claim

RSM-1 RSM-2

FORM NL-27 Offices information for Non-Life

Insurer: Agriculture Insurance Company of India Ltd

CIN U74999DL2002PLC118123

Statement as on 30.06.2017

Sl. No.

1

2

3 Out of approvals of previous year

4 Out of approvals of this quarter

5

6

7

8

9

Th above figure includes 1 Head Office at Delhi, 17 Regional Offices at various locations and 1 One Man Office at Shimla.


Office Information Number

No. of offices at the beginning of the quarter 19

No. of branches approved during the quarter 0

No. of branches opened during the quarter0

0

No. of branches closed during the quarter 0

No of branches at the end of the quarter 19

No. of branches approved but not opened 0

No. of rural branches Nil

No. of urban branches 19

FORM NL-28-STATEMENT OF ASSETS - 3B

Company Name & Code:

Statement as on:

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

(Business within India) Rs. In Lakhs

Periodicity of Submission: Quarterly

No PARTICULARS SCH AMOUNT1 Investments 8 731881.02

2 Loans 9 654.84

3 Fixed Assets 10 12640.90

4 Current Assets 0.00

a. Cash & Bank Balance 11 198583.26

b. Advances & Other Assets 12 89805.89

5 Current Liabilities 0.00

a. Current Liabilities 13 621183.32

b. Provisions 14 80655.87

c. Misc. Exp not Written Off 15 0.00

d. Debit Balance of P&L A/c 16 0.00

Application of Funds as per Balance Sheet (A) 1735405

Less: Other Assets SCH AMOUNT1 Loans (if any) 9 654.84

2 Fixed Assets (if any) 10 12640.90

3 Cash & Bank Balance (if any) 11 198583.26

4 Advances & Other Assets (if any) 12 89805.89

5 Current Liabilities 13 621183.32

6 Provisions 14 80655.87

7 Misc. Exp not Written Off 15 0.00

8 Debit Balance of P&L A/c 16 0.00

TOTAL (B) 1003524.08

'Investment Assets' As per FORM 3B (A-B) 731881.02

Balance FRSM+

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

1 G. Sec. Not less than 20% 0 79086.81 214261.88 293348.68 40.16% 0 293348.68 299834.20

2 G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% 0 99995.74 270908.33 370904.07 50.77% 0 370904.07 382636.03

3 Investment subject to Exposure Norms

1.'Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% 0 34465.66 93374.33 127839.99 17.50% 0 127839.99 130560.11

2. Approved Investments Not exceeding 55% 0 62377.84 168993.96 231371.80 31.67% 1623.37 232995.17 234220.91

3. Other Investments (not exceeding 25%) Not exceeding 25% 0 106.45 288.38 394.83 0.05% -253.04 141.78 141.78Total Investment Assets 100.00% 0 196945.68 533565.01 730510.69 100.00% 1370.33 731881.02 747558.82

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

Certification:

Certified that the information given herein are correct and complete to the best

of my knowledge and belief and nothing has been concealed or suppressed

Note: (+) FRMS refers 'Funds representing Solvency Margin'

(*) Pattern of Investment will apply only to SH funds representing FRMS

(A) Book Value shall not include funds beyond Solvency Margin

Other Investments' are as permitted under Sec 27A(2) and 27B(3)

Reg. %SH PH Book Value (SH + PH)

% ActualFVC Amount Total

*Market Value

AGRICULTURE INSUARNCE COMPANY OF INDIA LIMITED, CODE NO.126CIN: U74999DL2002PLC118123

30TH JUNE 2017

No 'Investment' represented as

FORM NL-29 Detail regarding debt securities

Insurer: Agriculture Insurance Company of India Ltd Date: 30-06-2017

CIN: U74999DL2002PLC118123

(Rs in Lakhs)

As at 30.06.2017as % of total for this

class

as at 30.06.16 of the

previous year

as % of total for this

classAs at 30.06.2017

as % of total for

this class

as at 30.06.16 of

the previous year

as % of total for

this class

Break down by credit rating

AAA rated 521122.52 40.25% 312066.44 57.19% 506426.09 39.85% 304620.99 56.64%

AA or better 53388.21 15.52% 46134.65 8.45% 52406.83 15.41% 45762.06 8.51%

Rated below AA but above A

Rated below A but above B 504.35 0.09% 500.53 0.09%

Any other 152188.16 44.23% 186958.50 34.26% 152188.16 44.75% 186958.50 34.76%

BREAKDOWN BY

RESIDUALMATURITY

Up to 1 year 367665.80 50.59% 228265.03 41.83% 367325.92 51.66% 228075.31 42.41%

more than 1 yearand upto 3

years125874.19 17.32% 82642.32 15.15% 122986.84 17.30% 81326.44 15.12%

More than 3years and up to 7

years148340.83 20.41% 131704.46 24.14% 141723.39 19.93% 129109.83 24.01%

More than 7 years and up to 10

years71686.12 9.86% 79171.83 14.51% 66281.80 9.32% 75994.16 14.13%

above 10 years 13131.95 1.81% 23880.30 4.38% 12703.14 1.79% 23336.34 4.34%

Breakdown by type of the

issurer

a. Central Government 299834.20 41.26% 129675.94 23.76% 293348.68 41.26% 126740.26 23.56%

b. State Government 82801.83 11.39% 73457.32 13.46% 77555.39 10.91% 70393.34 13.09%

c.Corporate Securities 344062.86 47.35% 342530.68 62.77% 340117.01 47.84% 340708.48 63.35%


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.

3. Corporate securities includes Investments in Coporate Bonds/Debts along with Fixed Deposit

For The Quarter upto the Qtr.

For the

corresponding

Quarter of the

preceding year

upto

corresponding

Quarter of the

preceding year

01.04.2017 to

30.06.2017

01.04.2017 to

30.06.2017

01.04.2016 to

30.06.2016

01.04.2016 to

30.06.2016

1 Gross Direct Premium Growth Rate -83.41% -83.41% 53.56% 53.56%

2 Gross Direct Premium to Net Worth Ratio (In Times)* 0.01 0.01 0.10 0.10

3 Growth Rate of Net Worth* 19.67% 19.67% 10.06% 10.06%

4 Net Retention Ratio 36.41% 36.41% 91.59% 91.59%

5 Net Commission Ratio -0.22% -0.22% -0.96% -0.96%

6 Expenses of Management to Gross Direct Premium Ratio 67.10% 67.10% 12.19% 12.19%

7 Expense of Management to Net Written Premium Ratio 151.50% 151.50% 13.31% 13.31%

8 Net Incurred Claims to Net Earned Premium -76.76% -76.76% 95.26% 95.26%

9 Combined Ratio 68.08% 68.08% 107.59% 107.59%

10 Technical Reserves to Net Premium Ratio (in Times) 194.93 194.93 15.34 15.34

11 Underwriting Balance Ratio (in Times) 1.55 1.55 -0.10 -0.10

12 Operating Profit Ratio 246.97% 246.97% 28.38% 28.38%

13 Liquid Assets to Liabilities Ratio (in Times) 1.63 1.63 0.83 0.83

14 Net Earnings Ratio 1330.07% 1330.07% 30.07% 30.07%

15 Return on Net Worth* 7.88% 7.88% 2.66% 2.66%

16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* 2.13 2.13 3.14 3.14

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)

FORM NL-30 ANALYTICAL RATIOS


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

ANALYTICAL RATIOS FOR NON-LIFE COMPANIES

SN Particulars

CIN: U74999DL2002PLC118123

Rs. 10/- Per Share

*does not include Rs. 200 crore adhoc payment to Government of India

Equity Holding Pattern for Non-Life Insurers

200000000

100%

100% held by Govt. Corporation/Companies/Bank

11.83 3.33

FORM NL-31 : Related Party Transactions


CIN U74999DL2002PLC118123 (Rs in Lakhs)

For the quarterup to the

Quarter

Correspodning

quarter of the

preceeding year

up to the Quarter of

the prceeding year

1 General Insurance Corpn of India 149631.11 149631.11 2763.93 2763.93

2 General Insurance Corpn of India 866.46 866.46 0.00 0.00

3 New India Assurance Company 0.00 0.00 0.00 0.00

4 National Insurance Company 0.00 0.00 0.00 0.00

5 Oriental Insurance Company 0.00 0.00 0.00 0.00

6 United India Insurance Company 0.00 0.00 0.00 0.00

*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

Shareholder Reinsurance


Related Party Transactions

Sl.No. Name of the Related PartyNature of Relationship

with the Company

Description of

Transactions /

Categories

Consideration paid / received*

FORM NL-32

Insurer: Agriculture Insurance Company of India

CIN U74999DL2002PLC118123

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 PMFBY (CSC) AIC-AG-P17-02-V01-17-18 Crop Insurance Retail 13.07.2016 12.04.2017

2 RWBCIS IRDAN126P0002V02200708 Crop Insurance Retail 13.07.2016 21.04.2017

3 RWBCIS (micro) AIC-OM-PIB-07-VO1-17-18 Crop Insurance Retail 13.07.2016 05.05.2017

4 RWBCIS (CSC) AIC-WE-P18-06-VO1-17-18 Crop Insurance Retail 13.07.2016 05.05.2017

PERIODIC DISCLOSURES Products Information

Products Information for the quarter ended June 30, 2017

SN DescriptionNotes

No.Amount

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

1 Available Assets in Policyholders’ Funds (adjusted value 1 697877

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

Deduct:

2 Liabilities (reserves as mentioned in Form HG) 2 346461

3 Other Liabilities (other liabilities in respect of 3 364996

Policyholders’ Fund as mentioned in Balance Sheet)

4 Excess in Policyholders’ Funds (1-2-3) 4 -13579

5 Available Assets in Shareholders’ Funds (value of 5 270466

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 270466

8 Total Available Solvency Margin [ASM] (4+7) 256887

9 Total Required Solvency Margin [RSM] 120544

10 Solvency Ratio (Total ASM/Total RSM) 2.13

FORM NL-33 SOLVENCY MARGIN-KGII



SOLVENCY FOR THE QUARTER ENDING 30TH JUNE, 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

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

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

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

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

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

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

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

9 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

Board of Directors

FORM NL-34



For the period ending 30.06.2017 of FY 2017-18

Board of Directors and Key Person information

CIN :U74999DL2002PLC118123

FORM NL-35-NON PERFORMING ASSETS-7A


Statement as on:

Details of Investment Portfolio

Periodicity of Submission : Quarterly

%

Has there

been

revision?

AmountBoard

Approval Ref

CERTIFICATION

Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed.

Note:

A. Category of Investmet (COI) shall be as per INV/GLN/001/2003-04

B. FORM 7A shall be submitted in respect of each 'fund'.

C. Classification shall be as per F&A-Circulars-169-Jan-07 Dt.24-01-07.

Rolled

Over?

Has there been any

Principal Waiver?

ClassificationProvision

(%)Provision (Rs)

NIL

Default

Principal

(Book Value)

Default

Interest

(Book Value)

Principal

Due from

Interest Due

from

Deferred

Principal

Deferred

Interest

AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED, CODE NO.126

CIN: U74999DL2002PLC118123

30TH JUNE 2017

COI Company NameInstrument

Type

Interest Rate

Total O/s

(Book Value)

FORM NL-36-YIELD ON INVESTMENTS 1


Statement as on:

Statement of Investment and Income on Investment

Periodicity of Submission: Quarterly Rs. Lakhs

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

A1 CENTRAL GOVERNMENT BONDS CGSB 1,21,150.69 1,26,813.81 2,415.58 7.98 5.22 1,21,150.69 1,26,813.81 2,415.58 7.98 5.22 1,26,262.10 1,28,361.33 2,509.37 7.95 5.20

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 1,30,437.57 1,29,828.86 1,975.42 6.06 3.96 1,30,437.57 1,29,828.86 1,975.42 6.06 3.96 2,481.89 2,463.30 36.70 5.91 3.87

B1 STATE GOVERNMENT BONDS SGGB 77,575.19 82,645.52 1,633.96 8.43 5.51 77,575.19 82,645.52 1,633.96 8.43 5.51 70,317.30 73,004.61 1,505.83 8.57 5.60

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 1,005.83 22.50 9.00 5.89

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 42,041.01 42,788.92 898.25 8.55 5.59 42,041.01 42,788.92 898.25 8.55 5.59 38,759.11 39,329.56 896.66 9.25 6.05

C8 BONDS / DEBENTURES ISSUED BY HUDCO HFHD 4,262.00 4,225.87 79.57 7.47 7.47 4,262.00 4,225.87 79.57 7.47 7.47 4,262.00 4,053.02 79.36 7.45 7.45

D08 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPTD 19,127.13 19,645.86 401.98 8.41 5.50 19,127.13 19,645.86 401.98 8.41 5.50 20,474.98 21,040.50 433.75 8.47 5.54

D10INFRASTRUCTURE - OTHER CORPORATE SECURITIES -

DEBENTURES/ BONDSICTD 46,615.50 47,427.28 988.75 8.48 5.55 46,615.50 47,427.28 988.75 8.48 5.55 31,540.13 32,059.22 732.46 9.29 6.07

D13 INFRASTRUCTURE - PSU - DEBENTURES / BONDS IPFD 12,002.69 12,004.80 224.33 7.48 7.48 12,002.69 12,004.80 224.33 7.48 7.48 12,003.00 11,543.17 223.77 7.46 7.46

E1 PSU - EQUITY SHARES - QUOTED EAEQ 6,333.22 6,941.53 298.96 18.88 18.88 6,333.22 6,941.53 298.96 18.88 18.88 4,697.43 3,793.15 28.39 2.42 2.42

E17

DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS

(INCL. BANK BALANCE AWAITING INVESTMENT), CCIL,

RBI

ECDB 1,58,160.57 1,58,160.57 2,789.30 7.05 4.61 1,58,160.57 1,58,160.57 2,789.30 7.05 4.61 2,13,215.76 2,13,215.76 4,255.55 7.98 5.22

E2CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)-

QUOTEDEACE 12,429.78 13,018.75 109.15 3.51 3.51 12,429.78 13,018.75 109.15 3.51 3.51 7,479.85 6,846.54 104.52 5.59 5.59

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 0.00 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12,430.81 22,236.46 118.85 3.82 3.82

E6 CORPORATE SECURITIES - BONDS - (TAXABLE) EPBT 58,981.24 60,097.17 1,276.37 8.66 5.66 58,981.24 60,097.17 1,276.37 8.66 5.66 45,081.72 45,693.93 1,032.01 9.16 5.99

F12 EQUITY SHARES (PSUS & UNLISTED) OEPU 394.83 174.15 0.00 0.00 0.00 394.83 174.15 0.00 0.00 0.00 394.83 128.80 1.96 1.99 1.99

F14MUTUAL FUNDS - DEBT / INCOME / SERIAL PLANS /

LIQUID SECEMESOMGS 93,762.87 4,92,985.17 956.09 4.08 4.08 93,762.87 4,92,985.17 956.09 4.08 4.08 17,931.40 26,228.83 156.72 3.50 3.50

F01 BONDS - PSU - TAXABLE OBPT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 500.63 504.70 10.96 8.75 8.75

PASSIVELY MANAGED EQUITY ETF (NON PROMOTER

GROUP)EETF 494.37 493.54 0.00 0.00 0.00 494.37 493.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TOTAL 7,83,768.65 11,97,251.81 14,047.71 7.16 5.00 7,83,768.65 11,97,251.81 14,047.71 7.16 5.00 6,08,832.93 6,31,508.71 12,149.33 8.00 5.40


*Market Values on 30/06/2017 are shown for Current Quarter and Year to Date

CERTIFICATION

Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed.

Date:

Note:Category of Investment (COI) shall be as per

Guidelines1

To be calculated based on Monthly or lesser

frequency 'Weighted Agerage' of Investments2 Yield netted for Tax

3 FORM-1 shall be prepared in respect of each fund.

4 Yields mentioned above are Annualized Yield

Gross

Yield (%)¹

Net Yield

(%)²

Year to Date Previous Year

Gross Yield

(%)¹

Net

Yield

(%)²

Gross

Yield

(%)¹

Net

Yield

(%)²

Investment (Rs.) Income on

Investment

(Rs.)


Investment

(Rs.)

AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED, CODE NO.126

30TH JUNE 2017

CIN: U74999DL2002PLC118123

No. Category of InvestmentCategory

Code

Current Quarter


Investment

(Rs.)

FORM NL-37-DOWN GRADING OF INVESTMENT-2


Statement as on:

Statement of Down Graded Investments

Periodicity of Submission: Quarterly

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

B. As on Date ²

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

CERTIFICATION

Certified that the information given herein are correct and complete to the best of my

knowledge and belief and nothing has been concealed or suppressed.

Note:

1 Provide details of Down Graded Investments during the Quarter.

2 Investments currently upgraded, listed as Down Graded during earlier Quarter shall be deleted from the Cumulative listing.

3 FORM-2 shall be prepared in respect of each fund.

4 Category of Investmet (COI) shall be as per INV/GLN/001/2003-04

AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED,CODE NO.126

CIN: U74999DL2002PLC118123

30TH JUNE 2017

NIL

FORM NL-38 Quarterly Business Returns across line of Business

Insurer: Agriculture Insurance Company of India Ltd.

CIN U74999DL2002PLC118123

(Rs in Lakhs)

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* 4017.68 48345 2421.12 188274 4017.68 48345 2421.12 188274

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


Quarterly Business Returns across line of Business

S.NO. Line of Business

For Q1 2017-18 For Q1 2016-17 Upto Q1 2017-18 Upto Q1 2016-17

FORM NL-39 Rural & Social Obligations (Quarterly Returns)

Insurer: AIC

CIN U74999DL2002PLC118123

Statement for the quarter ended 30.06.2017 (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 48345 4017.68 48540.58

Social

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


Rural & Social Obligations (Quarterly Returns)

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*

FORM NL-40 Business Acquisition through different channels

Insurer: Agriculture Insurance Company of India Ltd.

CIN U74999DL2002PLC118123

(Rs in Lakhs)

1 Individual agents

2 Corporate Agents-Banks

3 Corporate Agents -Others

4 Brokers -59519 -3115.05 790 29.11 -59519 -3115.05 790 29.11

5 Micro Agents 48064 2215.86 2 0.08 48064 2215.86 2 0.08

6 Direct Business 1152 32.93 676 84.06 1152 32.93 676 84.06

7 Other 58648 4883.94 186806 24097.98 58648 4883.94 186806 24097.98

Total (A) 48345 4017.68 188274 24211.23 48345 4017.68 188274 24211.23

1 Referral (B) 0 0 0 0

Grand Total (A+B) 48345 4017.68 188274 24211.23 48345 4017.68 188274 24211.23

Note:

1. Premium means amount of premium received from business acquired by the source

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


Sl.No.

Business Acquisition through different channels

Channels

For Q1 2017-18 For Q1 2016-17 Upto Q1 2017-18 Upto Q1 2016-17

No. of

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

Insurer -Agriculture Insurance Company of India Limited

CIN U74999DL2002PLC118123

Fully

Accepted

Partial

AcceptedRejected

1 Complaints made by customers

a) Proposal Related 0 0 0 0 0 0 0

b) Claim 25 61 15 9 42 20 86

c) Policy Related 0 0 0 0 0 0 0

d) premium 0 0 0 0 0 0 0

e) Refund 0 0 0 0 0 0 0

f) Coverage 0 0 0 0 0 0 0

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

h) Products 0 1 0 0 1 0 1

i) others 0 55 0 1 54 0 55

Total Number 25 118 16 10 97 20 143

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 2 0 2

c) >30 days 15 0 15

Total Number 20 0 20

FORM NL-41 Grievance Disposal


GRIEVANCE DISPOSAL STATEMENT AS on 30.06.2017

SN Particulars

Opening Balance

as on begining of

the quarter

Additions during

the quarter

Complaints Resolved/setteled

during the quarter Complaints

Pending at the

end of the

quarter

*Total

Complaints

registered upto

the quarter

during the

* Includes balance 12 complaints of FY 2015-16 & 3 complaints of FY 16-17

FY 2017-18 as on 30.06.2017

FORM NL-1-B-RA Agriculture Insurance Company of … · For the quarter Up to the Quarter For the...

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