For the Quarter Ended June 30, 2020 Upto the Quarter Ended ...

For the Quarter

Ended June 30,

2020

Upto the Quarter

Ended June

30,2020

For the Quarter

Ended June 30,

2019

Upto the Quarter

Ended June

30,2019

1 Premium Earned (Net) NL-4-Premium

Schedule525922 525922 1003688 1003688

2 Profit/Loss on Sale/Redemption of Investments 20795 20795 0 0

3 Accretion of Discount on Investment 19142 19142 34424 34424

4 Income from administration of outgoing Co-insurance Business 15166 15166 0 0

5 Interest, Dividend & Rent -Gross 915775 915775 671266 671266

TOTAL (A) 1496800 1496800 1709378 1709378

1 Claims Incurred (Net) NL-5-Claims

Schedule289815 289815 (84022) (84022)

2 Commission NL-6-

Commission

Schedule

46921 46921 (20439) (20439)

3 Operating Expenses related to Insurance Business NL-7-Operating

Expenses

Schedule479249 479249 472442 472442

4 Premium Deficiency 0 0 0 0

5 Bank Interest 0 0 0 0

6 Expenses related to Investments :

a) Amortization of Premium on Investments 31663 31663 16231 16231

b) Bank Charges 0 0 6 6

c) Stock Holding Charges 656 656 662 662

d) Other Expenses 0 0 0 0

TOTAL (B) 848304 848304 384880 384880

648496 648496 1324498 1324498

APPROPRIATIONS

Transfer to Shareholders' Account 648496 648496 1324498 1324498

Transfer to Catastrophe Reserve 0 0 0 0

Transfer to Other Reserves 0 0 0 0

TOTAL 648496 648496 1324498 1324498

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

(Rs.’000)

FORM NL-1-B-RA

Agriculture Insurance Company of India Limited

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

REVENUE ACCOUNT FOR THE PERIOD ENDING 30TH JUNE, 2020

ScheduleParticularsSN

For the Quarter

Ended June 30,

2020

Upto the Quarter

Ended June

30,2020

For the Quarter

Ended June 30,

2019

Upto the

Quarter Ended

June 30,2019

1 OPERATING PROFIT/(LOSS)

(a) Fire Insurance

(b) Marine Insurance

(c) Misc. Insurance-Crop Insurance 648496 648496 1324498 1324498

2 INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent – Gross 453418 453418 475288 475288

(b) Profit on sale of Investments 10296 10296 0 0

(c) Loss on sale of Investments 0 0 0 0

(d) Accretion of Discount on Investment 9478 9478 24374 24374

3 OTHER INCOME

(a) Miscellaneous Receipts 1709 1709 44990 44990

(b) Profit on Sale of Assets 0 0 0 0

(c) Prior Period Income 0 0 0 0

TOTAL (A) 1123397 1123397 1869149 1869149

4 PROVISIONS (Other than taxation)

(a) For diminution in the value of investments

(Net)0 0 0 0

(b) Provision for Matured Investment 0 0 0 0

(c) Provision for doubtful debts 0 0 0 0

(d) Provision for Non-Performing Investments 0 0 0 0

5 OTHER EXPENSES

(a) Expenses other than those related to

Insurance Business

i) Amortisation of Premium on Investments 15677 15677 11492 11492

ii) Stock Holding Charges 325 325 469 469

iii) Bank Charges- Investment 0 0 5 5

iv) Other Expenses related to investment 0 0 0 0

(b) Bad debts written off 0 0 0 0

(c) Others 0

i) Loss on Sale of Assets 0 0 483 483

ii) Prior Period Expenses 0 0 0 0

iii) Wealth Tax 0 0 0 0

iii) Corporate Social Responsibility 0 0 1808 1808

v) Others 0 0 0 0

TOTAL (B) 16002 16002 14257 14257

Profit Before Tax C= (A-B) 1107395 1107395 1854892 1854892

PROVISION FOR TAXATION 278731 278731 648173 648173

Profit After Tax (D) 828664 828664 1206719 1206719

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

0 0 0 0

828664 828664 1206719 1206719

Balance of profit/ loss brought forward from last year

Balance carried forward to Balance Sheet

APPROPRIATIONS

(a) Interim dividend paid during the year

(b) Proposed final dividend Paid

(c) Dividend distribution tax

(d) Corporate social responsibility

(d) Transfer to General Reserves or Other Accounts

(Rs.’000)

FORM NL-2-B-PL



PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDING 30TH JUNE, 2020

SN Particulars Schedule

As at June 30,2020 As at June 30,2019

SOURCES OF FUNDS

Share Capital NL-8-Share Capital

Schedule2000000 2000000

Reserves and Surplus NL-10-Reserves and

Surplus Schedule 40266647 38877672

Fair Value Change Account (166295) 122467

Deferred Tax Liability (net) 0 0

Borrowings NL-11-Borrowings

Schedule

0 0

TOTAL 42100352 41000139

APPLICATION OF FUNDS

Investments NL-12-Investment

Schedule

78074097 61163403

Loans NL-13-Loans Schedule 138240 126336

Fixed Assets NL-14-Fixed Assets

Schedule

2452392 2641939

Deferred Tax Asset (net) 63377 49047

Current Assets

Cash and Bank Balances NL-15-Cash and bank

balance Schedule

53730469 60733729

Advances and Other Assets NL-16-Advances and

Other Assets Schedule

29884685 27056931

Sub-Total (a) 83615154 87790660

Current Liabilities NL-17-Current

Liabilities Schedule

110692521 102603584

Provisions NL-18-Provisions

Schedule 11550387 8167662

Sub-Total (B) 122242908 110771246

NET CURRENT ASSETS (C) = (A - B) (38627754) (22980586)

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 42100352 41000139

Contingent Liabilities

Claims, other than against policies, not

acknowledged as debts by the Company

0 0

FORM NL-3-B-BS


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

BALANCE SHEET AS AT 30TH JUNE, 2020

Particulars Schedule(Rs.’000)

For the Quarter

Ended June 30, 2020

Upto the Quarter

Ended June 30,2020

For the Quarter

Ended June 30,

2019

Upto the Quarter

Ended June

30,2019

Premium from direct business written3296159 3296159 976748 976748

Add: Premium on reinsurance accepted0 0 0 0

Less : Premium on reinsurance ceded 2443822 2443822 756903 756903

Net Premium 852337 852337 219845 219845

Adjustment for change in reserve for

unexpired risks-326415 (326415) 783843 783843

Premium Earned (Net) 525922 525922 1003688 1003688

FORM NL- 4 PREMIUM SCHEDULE



PREMIUM EARNED (NET)

(Rs in '000)

Particulars

For the Quarter

Ended June 30,

2020

Upto the

Quarter Ended

June 30,2020

For the Quarter

Ended June 30,

2019

Upto the Quarter

Ended June

30,2019

Claims paid- Direct 28793320 28793320 8897023 8897023

Add: Reinsurance Accepted 0 0 0 0

Less:Reinsurance Ceded 21408950 21408950 6659416 6659416

Net Claims paid 7384370 7384370 2237607 2237607

Add Claims Outstanding at the end

of the current year89961470 89961470 99703448 99703448


Less: Reinsurance Ceded 66516568 66516568 75059469 75059469

Net Claims Outstanding at the end of Current year23454145 23454145 24684338 24684338

Less Claims Outstanding at the end

of the previous year117675736 117675736 108465393 108465393


Less: Reinsurance Ceded 87136585 87136585 81499785 81499785

Net Claims Outstanding at the end of the previous year30548700 30548700 27005967 27005967

Gross Incurred Claims 1079054 1079054 135078 135078

Add :Re-insurance accepted to

direct claims(306) (306) 0 0

Less :Re-insurance Ceded to claims

paid788933 788933 219100 219100

Total Claims Incurred 289815 289815 (84022) (84022)

FORM NL-5 CLAIMS SCHEDULE

CLAIMS INCURRED [NET]



(Rs in '000)

Particulars

For the Quarter

Ended June 30, 2020

Upto the Quarter

Ended June 30,2020

For the Quarter

Ended June 30,

2019

Upto the Quarter

Ended June

30,2019

Commission paid

Direct 147017 147017 10061 10061

Add: Commission on Re-insurance Accepted 0 0 0 0

Less: Commission on Re-insurance Ceded* 100096 100096 30500 30500

Net Commission 46921 46921 (20439) (20439)

Agents 0 0 0 0

Brokers 50309 50309 2021 2021

Corporate Agency 0 0 0 0

Others: 0 0

(i) Micro Insurance Agents/NGO's etc 3080 3080 5202 5202

(ii) Reimbursement to GIPSA Companies

(Coinsurance-Tie Up)

0 0 0 0

(iii) Insurance Commission to Common Service

Centre (CSC)

93628 93628 2838 2838

TOTAL (B) 147017 147017 10061 10061


FORM NL-6 COMMISSION SCHEDULE


COMMISSION

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

(Rs in '000)

Particulars

For the Quarter

Ended June 30,

2020

Upto the Quarter

Ended June

30,2020

For the Quarter

Ended June 30,

2019

Upto the Quarter

Ended June

30,2019

1 Employees’ remuneration & welfare benefits 132201 132201 133414 133414

2 Travel, conveyance and vehicle running expenses 711 711 5463 5463

3 Training expenses 0 0 401 401

4 Rents, rates & taxes 18502 18502 19745 19745

5 Repairs 4095 4095 4135 4135

6 Printing & Stationery 1374 1374 2895 2895

7 Communication 832 832 2292 2292

8 Legal & Professional charges 1910 1910 435 435

9 Auditor's Fees, Expenses etc 0

(a) as auditor 763 763 710 710

(b) as adviser or in any other capacity, in respect

of 0

(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 17299 17299 3155 3155

11 Research & Development Expenses 0 0 0 0

12 Fee & Subscription to Statutory Authorities 8626 8626 12416 12416

13 Interest & Bank Charges 3657 3657 22 22

14 Depreciation 152581 152581 159310 159310

15 Information Technology 51077 51077 83447 83447

16 Service charges to Banks/FI's 47061 47061 12003 12003

17 Other 38560 38560 32598 32598

Total 479249 479249 472442 472442

FORM NL-7 OPERATING EXPENSES SCHEDULE



OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

(Rs in '000)

ParticularsSN

SN Particulars As at June 30,2020 As at June 30,2019

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 0 0

Add : Equity Shares forfeited (Amount

originally paid up)

0 0

Less : Par Value of Equity Shares bought

back

0 0

Less : Preliminary Expenses 0 0

Expenses including commission or

brokerage on

0 0

Underwriting or subscription of shares 0 0

TOTAL 2000000 2000000

FORM NL-8 SHARE CAPITAL SCHEDULE

SHARE CAPITAL



(Rs.’000)

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 Oriental Insurance Company Ltd. 17500 8.75% 17500 8.75%

United India Insurance Company Ltd. 17500 8.75% 17500 8.75%

The New India Assurance Company

Ltd. & its nominee

17500 8.75% 17500 8.75%

Foreign NIL NIL NIL NIL

Others

TOTAL 200000 100% 200000 100%

As at 30.06.2019As at 30.06.2020

FORM NL-9 PATTERN OF SHAREHOLDING SCHEDULE

PATTERN OF SHAREHOLDING

[As certified by the Management]

Shareholder



SN Particulars

1 Capital Reserve 0

2 Capital Redemption Reserve 0

3 Share Premium 0

4 General Reserve

Opening Balance 39437983 37670953

Less: Change in Depreciation Reserve as

per Companies Act 2013

Add: Profit transferred during the year 0 39437983 0 37670953

5 Catastrophe Reserve

6 Other Reserves 0 0

Balance of Profit in Profit & Loss Account 828664 1206719

TOTAL 40266647 38877672

(Rs in '000)

As at June 30 ,2020 As at June 30 ,2019

FORM NL-10 RESERVES AND SURPLUS SCHEDULE



RESERVES AND SURPLUS

SN Particulars As atJune 30 ,2020 As at June 30 ,2019

1 Debentures/ Bonds 0 0

2 Banks 0 0

3 Financial Institutions 0 0

4 Others (to be specified) 0 0

TOTAL 0 0

FORM NL-11 BORROWINGS SCHEDULE

BORROWINGS



(Rs.’000)

SN Particulars As at June 30 ,2020 As at June 30 ,2019

LONG TERM INVESTMENTS

1 Government securities and Government guaranteed bonds including Treasury Bills

17069905 10734453

2 Other Approved Securities 15352877 8872393

3 Other Investments

( a) Shares 0

(aa) Equity 2429618 2674950

(bb) Preference 0

( b) Mutual Funds 0

(c) Derivative Instruments 0

(d) Debentures/ Bonds 7172640 6571387

(e) Other Securities 0 0

(f) Subsidiaries 0

(g) Investment Properties-Real Estate 0

4 Investments in Infrastructure and Social Sector 7120525 6208513

5 Other than Approved Investments 303777 0

Sub-total (A) 49449342 35061696

SHORT TERM INVESTMENTS

1 Government securities and Government guaranteed bonds including Treasury Bills

1135758 6492370

2 Other Approved Securities 2638952 448318

3 Other Investments 0

(a) Shares 0

(aa) Equity 0

(bb) Preference 0

(b) Mutual Funds 7860325 5446440

(c) Derivative Instruments 0

(d) Debentures/ Bonds 4240385 6000493

(e) Other Securities 11441300 6358450

(f) Subsidiaries 0

(g) Investment Properties-Real Estate 0

4 Investments in Infrastructure and Social Sector 1308035 1205636

5 Other than Approved Investments 0 150000

Sub-total (B) 28624755 26101707

TOTAL 78074097 61163403

Note: Market Value of Investments on 30.06.2020 78074097 61163403

(Includes ammortized Book Value of Investment other than Equity, ETF & Mutual Fund) 67784154 53042013

Less: Fair Value Change Account (166295) 122467

Book Value of Investments as on 30.06.2020 78240392 61040936

Agriculture Insurance Company of India LimitedFORM NL-12 INVESTMENTS SCHEDULE

INVESTMENTS


(Rs.’000)

SN Particulars As at June 30 ,2020 As at June 30 ,2019

1 SECURITY-WISE CLASSIFICATION

Secured

(a) On mortgage of property

(aa) In India 0 0

(bb) Outside India 0 0

(b) On Shares, Bonds, Govt. Securities 0 0

(c) Others -Loan to staff 138240 126336

Unsecured 0 0

TOTAL 138240 126336

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) 138240 126336

TOTAL 138240 126336

3 PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard

(aa) In India 138240 126336


(b) Non-performing loans less provisions

(aa) In India 0 0


TOTAL 138240 126336

4 MATURITY-WISE CLASSIFICATION

(a) Short Term 11187 10113

(b) Long Term 127053 116224

TOTAL 138240 126336

FORM NL-13 LOANS SCHEDULE

LOANS



(Rs.’000)

(Rs. '000)

Opening as at

April, 1,2020Additions Deductions

Closing as at

June 30 ,2020

Opening as at

April, 1,2020For the Period

On sale

/adjustment

Transferred to

Retained

Earning

Upto June 30

,2020

As at June 30

,2020

As at March 31

,2020

(A)Intangible Assets

Computer Software 1726954 144613 0 1871567 918406 103683 0 0 1022089 849478 808548

(B)Tangible Assets .

Leasehold Property 990893 0 0 990893 53669 8369 0 62038 928855 937224

Buildings 405286 0 0 405286 122890 3292 0 0 126182 279104 282396

Furniture & Fixtures 108229 0 0 108229 47070 3928 0 0 50998 57231 61159

I.T. Equipments 703983 256 0 704239 370123 31248 0 0 401371 302868 333860

Vehicles 42462 0 0 42462 27741 1135 0 0 28876 13586 14721

Office Equipments 19516 95 0 19611 12879 597 0 0 13476 6135 6637

Elec.Equip.& Fittings 12858 53 0 12911 7717 322 0 0 8039 4872 5141

Sub-total (B) 2283227 404 0 2283631 642089 48892 0 0 690980 1592651 1641138

(C) Work In Progress 57986 0 47723 10263 0 0 0 0 0 10263 57986

GRAND 'TOTAL (A+B+C) 4068167 145018 47723 4165461 1560495 152575 0 0 1713069 2452392 2507672

PREVIOUS YEAR 3722816 358050 12699 4068167 927213 643121 9839 0 1560495 2507672 -

FORM NL-14



FIXED ASSETS

Cost/Gross Block Depreciation Net Block

Particulars


1 Cash (including cheques, drafts and stamps) 59 60

2 Bank Balances

(a) Deposit Accounts

(i) Short term (due with in 12 months) 51771370 60123471

(ii) Others 0 0

(b) (i) Current Accounts 1959040 610199

(ii) Others 0 0

3 Money at Call and Short Notice

(a) With Banks 0 0

(b) With other Institutions 0 0

4 Others 0 0

TOTAL 53730469 60733729

FORM NL-15 CASH AND BANK BALANCES SCHEDULE

CASH AND BANK BALANCES



(Rs.’000)


ADVANCES

1 Reserve deposits with ceding companies 0 0

2 Application money for investments 0 0

3 Prepayments 40250 60548

4 Advances to Directors/Officers 5333 6599

5 Advance tax paid and taxes deducted at source

(Net of provision for taxation) 1829043 1200709

6 Others:

(a) Advance Rent paid 0 0

(b) Sundry Advances 95637 50092

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

TOTAL (A) 1952430 1300116

OTHER ASSETS

1 Income accrued on investments

1 (a) Accrued but not due 2054454 1735973

1(b) Accrued and due 0 0

2 Outstanding Premiums 0 0

3 Agents’ Balances 0 0

4 Foreign Agencies Balance 0 0

5 Due from other entities carrying on insurance

business(including reinsurers)

104160 1544328

6 Due from subsidiaries/ holding company 0 0

7 Deposit with Reserve Bank of India 0 0

[Pursuant to section 7 of Insurance Act, 1938]

8 Matured Investment 300000 150000

Less: Provision for non-performing matured

Investment

(300000) (150000)

9 Others:

a) Sundry Deposits 120314 92572

b) Advance against Capital Assets 238556 143777

c) Short Collection of Premium 259117 89652

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

e) Government (Centre/States/Uts/Coffee Board) 22605766 18995613

f) Input Tax Credit-GST 21062 21415

Less: Provision for Doubtful Debts (20839) (21242)

10 Deposit pertaining to Unclaimed Amount of

policyholders

(a) Investment in Fixed Deposit with Banks 541445 1149944

(b) Interest Accrued but not due 8220 4783

TOTAL (B) 27932255 25756815

GRAND TOTAL (A+B) 29884685 27056931

ADVANCES AND OTHER ASSETS

FORM NL-16 ADVANCES AND OTHER ASSETS SCHEDULE



(Rs.’000)


1 Agents’ Balances 0 0

2 Balances due to other insurance companies 50317705 26588724

3 Deposits held on re-insurance ceded 0 0

4 Premiums received in advance 0 0

5 Unallocated Premium 0 0

6 Sundry Creditors 1676030 1601370

7 Due to subsidiaries/ holding company 0 0

8 Claims Outstanding 23357958 24162781

9 Due to Officers/ Directors 0 0

10 Others:

a) Excess Collection of Premium 1445768 1380899

b) Expenses Payable 143799 225569

c) Earnest Money Deposit 6814 0

d) Government (Centre/States/UTs/Coffee Board) 33184296 47720369

e) TDS Payable 10486 6189

11 Unclaimed Amount of policyholders 549665 917684

TOTAL 110692521 102603584

(Rs.’000)

FORM NL-17 CURRENT LIABILITIES SCHEDULE

CURRENT LIABILITIES




1 Reserve for Unexpired Risk 10842450 7190430

2 For taxation (less advance tax paid

and taxes deducted at source)

0 188173

3 For Proposed Dividends 0 0

4 For Dividend Distribution Tax 0 0

5 Others:

a) Provision for Retirement Benefits 273346 274493

b) Provision for Doubtful Debts 47 47

c) Provision on Standard Assets 0 0

d) Provision for Outstanding Expenses184536 114511

e) Provision for Purchase 0 0

f) Reserve for Loyalty Discount 8 8

g) Reserve for Premium Deficiency 0 0

h) Provision for Non-Performing

Investments 250000 400000

TOTAL 11550387 8167662

(Rs.’000)

FORM NL-18 PROVISIONS SCHEDULE

PROVISIONS




1 Discount Allowed in issue of

shares/ debentures

0 0

2 Others 0 0

Total 0 0

FORM NL-19 MISCELLANEOUS EXPENDITURE SCHEDULE

MISCELLANEOUS EXPENDITURE

(To the extent not written off or adjusted)



(Rs.’000)

(Rs. in Lakh)

SN Particular

Reserves for

unexpired

risks

Reserve for

Outstanding

Claims

IBNR Reserves Total Reserves

Reserves for

unexpired

risks

Reserve for

Outstanding

Claims

IBNR Reserves Total Reserves

1 Fire

2 Marine

a Marine Cargo

b Marine Hull

3 Miscellaneous

a Motor

b Engineering

c Aviation

d Liabilities

e Others

4 Health Insurance

5 Crop Insurance 108425 123997 110545 342966 71904 93349 153494 318748

Total Liabilities108425 123997 110545 342966 71904 93349 153494 318748

FORM NL-21 STATEMENT OF LIABILITIES

As at 30.06.2019As at 30.06.2020



Statement of Liabilities

For the Quarter

Ended June 30,

2020

Upto the Quarter

Ended June

30,2020

For the Quarter

Ended June 30,

2020

Upto the Quarter

Ended June

30,2020

Andhra Pradesh 0 0 0

Arunachal Pradesh 0 0 0

Assam 8148 8148 8148 8148

Bihar 185 185 185 185

Chhattisgarh 0 0 0

Goa 0 0 0

Gujarat 0 0 0

Haryana 861 861 861 861

Himachal Pradesh 704 704 704 704

Jammu & Kashmir 0 0 0

Jharkhand -3 -3 -3 -3

Karnataka 41 41 41 41

Kerala 62 62 62 62

Madhya Pradesh 1119 1119 1119 1119

Maharasthra 14046 14046 14046 14046

Manipur 0 0 0

Meghalaya 0 0 0

Mizoram 0 0 0

Nagaland 0 0 0

Orissa 0 0 0 0

Punjab 0 0 0

Rajasthan 0 0 0

Sikkim 0 0 0

Tamil Nadu 5987 5987 5987 5987

Telangana 1058 1058 1058 1058

Tripura 0 0 0

Uttar Pradesh 0 0 0

Uttrakhand 1253 1253 1253 1253

West Bengal -498 -498 -498 -498

Andaman & Nicobar Is. 0 0 0 0

Chandigarh 0 0 0 0

Dadra & Nagra Haveli 0 0 0 0

Daman & Diu 0 0 0 0

Delhi 0 0 0 0

Lakshadweep 0 0 0 0

Puducherry 0 0 0 0

Total 32962 32962 32962 32962

(Rs. in Lakh)

STATES

FORM NL-22 GEOGRAPHICAL DISTRIBUTION OF BUSINESS



GROSS DIRECT PREMIUM UNDERWRITTEN FOR AND UPTO THE QUARTER ENDED JUNE 30 ,2020

Crop Insurance Grand Total

(Rs in Lakhs)

S.No. Reinsurance Placements

Proportional Non-Proportional Facultative

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

2 No. of Reinsurers with rating AA but less than AAA 9 3555.00 165.52 0.00 15.22%

3 No. of Reinsurers with rating A but less than AA 42 19946.13 722.85 0.00 84.58%

4 No. of Reinsurers with rating BBB but less than A 1 46.35 2.38 0.00 0.20%

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

Total 52 23547.48 890.75 0.00 100.00%

Reinsurance Risk Concentration

No. of

reinsurers

Premium ceded to reinsurers Premium ceded to

reinsurers / Total

reinsurance

premium ceded

(%)

PERIODIC DISCLOSURESFORM NL-23

Agriculture Insurance Company of India Ltd.


CIN: U74999DL2002PLC118123

for the Quarter ending June 30, 2020

(Rs in Lakhs)

Line of BusinessTotal No. of

claims paid

Total amount

of claims paid

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

1 Fire

2 Marine Cargo

3 Marine Hull

4 Engineering

5 Motor OD

6 Motor TP

7 Health

8 Overseas Travel

9 Personal Accident

10 Liability

11 Crop 2617972 197795 600254 74742 3490763 287933.20

12 Miscellaneous

* The above figures pertains to quarter only

Sl.No.No. of claims paid

PERIODIC DISCLOSURESFORM NL-24 AGEING OF CLAIMS



CIN: U74999DL2002PLC118123

Ageing of Claims for the Quarter ending June 30 ,2020

Sl. No. ParticularsCrop (No. of

claims)Total

1 Claims O/S at the beginning of the period 8784917 8784917

2 Claims reported during the period 4036185 4036185

3 Claims Settled during the period 3490763 3490763

4 Claims Repudiated during the period 24460 24460

5 Claims closed during the period 25258 25258

6 Claims O/S at End of the period 9280621 9280621

Less than 3months 5245640 5245640

3 months to 6 months 2317635 2317635

6months to 1 year 189336 189336

1year and above 1528010 1528010

PERIODIC DISCLOSURESFORM NL-25 Quarterly claims data for Non-Life



CIN :U74999DL2002PLC118123

Quarterly claims data for the quarter ending June 30 ,2020

1 Fire

2 Marine Cargo

3 Marine Hull

4 Motor

5 Engineering

6 Aviation

7 Laibilities

8 Others-Crop Insurance 959315 216373 810924 216847 95932 121639 121639

9 Health

Total 959315 216373 810924 216847 95932 121639 121639


RSM

FORM NL-26 CLAIMS INFORMATION -KG TABLE I


Required Solvency Margin Based on Net Premium and Net Incurred Claims

SN Description

PREMIUM

RSM-2

(Rs. in Lakh)

RSM-1Gross

Premium

Net

Premium

Gross

incurred

claim

Net incurred

Claim

Sl. No.1

2

3 Out of approvals of previous year

4 Out of approvals of this year

5

6

7

8

9

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


Agriculture Insurance Company of India Ltd


CIN: U74999DL2002PLC118123

Office Information as at Jun 30, 2020

Office Information NumberNo. of offices at the beginning of the year 20

No. of branches approved during the year 0

No. of branches opened during the year0

0

No. of branches closed during the year 0

No of branches at the end of the year 20

No. of branches approved but not opened 0

No. of rural branches 0

No. of urban branches 20

(Rs. in Lakh)

No PARTICULARS SCH AMOUNT1 Investments 8 780740.97

2 Loans 9 1382.40

3 Fixed Assets 10 24523.92

4 Current Assets 0.00

a. Cash & Bank Balance 11 537304.69

b. Advances & Other Assets 12 298846.85

5 Current Liabilities 0.00

a. Current Liabilities 13 1106925.21

b. Provisions 14 115503.87

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) 2865227.91

Less: Other Assets SCH AMOUNT1 Loans (if any) 9 1382.40

2 Fixed Assets (if any) 10 24523.92

3 Cash & Bank Balance (if any) 11 537304.69

4 Advances & Other Assets (if any) 12 298846.85

5 Current Liabilities 13 1106925.21

6 Provisions 14 115503.87

7 Misc. Exp not Written Off 15 0.00

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

9 Investment Outside India 0.00

TOTAL (B) 2084486.94

'Investment Assets' As per FORM 3B (A-B) 780740.97

Balance FRSM+

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

1 G. Sec. Not less than 20% 0 46806.76 135249.87 182056.63 23.27% 0.00 182056.63 195002.53

2 G. Sec or Other Apporved Sec. (incl. (1) above) Not less than 30% 0 93063.75 268911.16 361974.91 46.26% 0.00 361974.91 384905.83

3 Investment subject to Exposure Norms 0.00 0.00

a. 'Housing & Loans to SG for Housing and FFE, Infrastructure Investments 0.00 0.00

1. Approved Investments Not less than 15% 0 34173.94 98746.64 132920.58 16.99% 0.00 132920.58 139568.56

2. Other Investments 0 0.00 0.00 0.00

b. Approved Investments Not exceeding 55% 0 73074.98 211152.87 284227.85 36.33% -1420.14 282807.71 285450.01

c. Other Investments (not exceeding 25%) Not exceeding 25% 0 843.44 2437.14 3280.58 0.42% -242.81 3037.76 3207.54

Total Investment Assets 100.00% 0 201156.11 581247.81 782403.92 100.00% -1662.95 780740.97 813131.94

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

FORM NL-28-STATEMENT OF ASSETS - 3B

AGRICULTURE INSUARNCE COMPANY OF INDIA LIMITED


CIN: U74999DL2002PLC118123

Statement as on: June 30, 2020

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

(Business within India)

Periodicity of Submission: Quarterly

No 'Investment' represented as Reg. %

SHPH Book Value (SH + PH) % Actual FVC Amount Total *Market Value

(h)

(Rs in Lakhs)

As at June 30, 2020 as % of total for this class As at June 30, 2019 as % of total for this class As at June 30, 2020 As % of total for this class As at June 30, 2019 As % of total for this class

Break down by credit rating

AAA rated 543569.69 76.59% 406998.0778 75.34% 512684.88 75.69% 398161.6968 75.07%

AA or better 49042.28 6.91% 64538.10163 11.95% 47705.89 7.04% 63673.93037 12.00%

Rated below AA but above A 0.00 0.00% 1003.50356 0.19% 0.00 0.00% 1000 0.19%

Rated below A but above B 0.00 0.00% 0 0.00% 0.00 0.00% 0 0.00%

Any other 117082.78 16.50% 67681.15461 12.53% 116913.00 17.26% 67584.5 12.74%

BREAKDOWN BY

RESIDUALMATURITY

Up to 1 year 209142.99 29.47% 210449.0239 38.96% 207627.35 30.65% 210069.3022 39.60%

more than 1 yearand upto 3 years 179580.37 25.30% 177472.0918 32.85% 170594.13 25.19% 173724.9817 32.75%

More than 3years and up to 7 years 154991.94 21.84% 141956.9902 26.28% 140373.70 20.73% 136738.1289 25.78%

More than 7 years and up to 10 years 108275.96 15.26% 1469.95557 0.27% 103634.99 15.30% 1510.2494 0.28%

above 10 years 57703.48 8.13% 8872.77608 1.64% 55073.60 8.13% 8377.46491 1.58%

Breakdown by type of the issurer

a. Central Government 195002.53 27.48% 177603.6978 32.88% 182056.63 26.88% 172268.2349 32.48%

b. State Government 189903.30 26.76% 96226.00904 17.81% 179918.29 26.56% 93224.13939 17.58%

c.Corporate Securities 324788.92 45.76% 266391.1308 49.31% 315328.86 46.56% 264927.7529 49.95%

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.

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

MARKET 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.


Agriculture Insurance Company of India Ltd


CIN: U74999DL2002PLC118123

Detail Regarding debt securities

For the Quarter

Ended June 30,

2020

Upto the Quarter

Ended June

30,2020

For the Quarter

Ended June 30,

2019

Upto the Quarter

Ended June

30,2019

1 Gross Direct Premium Growth Rate 237.46% 237.46% -84.10% -84.10%

2 Gross Direct Premium to Net Worth Ratio (In Times)* 0.08 0.08 0.03 0.03

3 Growth Rate of Net Worth* 3.57% 3.57% 6.97% 6.97%

4 Net Retention Ratio 25.86% 25.86% 22.51% 22.51%

5 Net Commission Ratio 5.50% 5.50% -9.30% -9.30%

6 Expenses of Management to Gross Direct Premium Ratio 19.00% 19.00% 49.40% 49.40%

7 Expense of Management to Net Written Premium Ratio 73.48% 73.48% 219.47% 219.47%

8 Net Incurred Claims to Net Earned Premium 55.11% 55.11% -8.37% -8.37%

9 Combined Ratio 116.84% 116.84% 197.23% 197.23%

10 Technical Reserves to Net Premium Ratio (in Times) 40.24 40.24 144.99 144.99

11 Underwriting Balance Ratio (in Times) -0.55 -0.55 0.63 0.63

12 Operating Profit Ratio 126.57% 126.57% 133.65% 133.65%

13 Liquid Assets to Liabilities Ratio (in Times) 2.40 2.40 2.72 2.72

14 Net Earnings Ratio 97.22% 97.22% 548.90% 548.90%

15 Return on Net Worth* 2.06% 2.06% 3.10% 3.10%

16 Available Solvency Margin Ratio to Required Solvency Margin Ratio* 2.92 2.92 2.99 2.99

17 NPA Ratio 0.70% 0.70% 0.90% 0.90%

1 (a) No. of shares200000000 200000000

2 (b) Percentage of shareholding (Indian / Foreign) 100% 100%

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

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

period (not to be annualized)

5(b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period

(not to be annualized)

6 (iv) Book value per share (Rs)

100% held by Govt.

Corporation/Companies/Bank

Rs. 10/- Per Share Rs. 10/- Per Share

100% held by Govt.

Corporation/Companies/Bank

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

Equity Holding Pattern for Non-Life Insurers

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

(Rs in Lakhs)

Quarter Ended

June 30 ,2020

Year Ended

June 30 ,2020

Quarter Ended

June 30 ,2019

Year Ended June 30

,2019

1 General Insurance Corpn of India 238706.57 238706.57 0.00 0.00

2 General Insurance Corpn of India 0.00 0.00 0.00 0.00

3 New India Assurance Company 0.00 0.00 0.00 0.00

4 National Insurance Company 0.00 0.00 361.59 361.59

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. 1,4 pertain to RI Premium paid to GIC & GIPSA Cos in respect of Outward Reinsurance Ceded

PERIODIC DISCLOSURESFORM NL-31: Related Party TransactionsAgriculture Insurance Company of India Limited


CIN: U74999DL2002PLC118123

Related Party Transactions

Sl.No. Name of the Related PartyNature of Relationship

with the Company

Description of

Transactions /

Categories

Consideration paid / received

Shareholder Reinsurance

List below the products and/or add-ons introduced during the period Q1 of FY 2020-21

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 Sampoorna Fasal Kawach IRDAN126CP0001V01202021 Misc (Engg Misc Others) Crop Insurance 12-05-2020 12-05-2020

2 Bangla Shasya Bima IRDAN126RP0001V02201920 Misc (Engg Misc Others) Crop Insurance 17-06-2020 17-06-2020

* The figures pertains to Quarter only

PERIODIC DISCLOSURESFORM NL-32 Products Information

Agriculture Insurance Company of India


CIN: U74999DL2002PLC118123

Products Information

SN DescriptionNotes

No.Amount

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

1 Available Assets in Policyholders’ Funds (adjusted value 1 1111043

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

Deduct:

2 Liabilities (reserves as mentioned in Form HG) 2 234541

3 Provision as per BS 3 108425

4 Other Liabilities (other liabilities in respect of 4 878635

Policyholders’ Fund as mentioned in Balance Sheet)

5 Excess in Policyholders’ Funds (1-2-3-4) 5 -110558

6 Available Assets in Shareholders’ Funds (value of 6 466689

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

Deduct:

7 Other Liabilities (other liabilities in respect of 7 828

Shareholders’ Fund as mentioned in Balance Sheet)

8 Excess in Shareholders’ Funds (5-6) 8 465861

9 Total Available Solvency Margin [ASM] (5+8) 355303

10 Total Required Solvency Margin [RSM] 121639

11 Solvency Ratio (Total ASM/Total RSM) 2.92

(Rs. in lakh)

SOLVENCY FOR THE YEAR ENDING 30th JUNE, 2020

AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO

FORM NL-33 SOLVENCY MARGIN-KGII



SN Name of Person Role/Designation Details of change in the period

1 Mr. Malay Kumar Poddar Chairman-cum-Managing Director No Change during the reported period

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

3 Dr. A.K.Bhutani Nominee Director No Change during the reported period

4 Mr. Suchindra Misra Nominee Director No Change during the reported period

5 Mr. Devesh Srivastava Additional Director No Change during the reported period

6 Mr. A.K.Parhi Additional Director No Change during the reported period

7 Ms. Tajinder Mukherjee Nominee Director No Change during the reported period

8 Mr. Atul Sahai Nominee Director No Change during the reported period

9 Mr. A.V. GirijaKumar Nominee Director Ceased to be on the Board w.e.f. 31.05.2020

10 Mr. Girish Radhakrishnan Nominee Director No Change during the reported period

1 Mr. Malay Kumar Poddar Chief Executive Officer No Change during the reported period

2 Mr. Surya Swaroop Saxena Chief Information Officer No Change during the reported period

3 Ms. M. Rajeshwari Singh Chief Financial Officer No Change during the reported period

4 Mr. B. S. Rahul Chief Underwriting Officer No Change during the reported period

5 Mr. Rampal S Rawat Chief Investment Officer No Change during the reported period

6 Mr. Ajay Singhal Chief Marketing Officer No Change during the reported period

7 Mr. Siddesh Ramsubramanian Appointed Actuary & Chief Risk Officer No Change during the reported period

8 Mr. B V Suryanarayana Chief Compliance Officer No Change during the reported period

9 Mr. Kamal Kishore Gupta Chief of Internal Audit No Change during the reported period

10 Mr. Vishal Gulati Chief Information Security Officer No Change during the reported period

11 Ms. Shuchi Company Secretary No Change during the reported period

Board of Directors

Key Persons

PERIODIC DISCLOSURES

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



CIN :U74999DL2002PLC118123

BOD and Key Person* information as on June 30 ,2020

%

Has there

been

revision?

AmountBoard

Approval Ref

IODS IL&FS Bonds 9.98 NO 500.00 500.00 49.90 12-05-2018 12-05-2017 - - NO 500.00 - INFRA BONDS 100.00 500.00

IODS IL&FS Bonds 8.00 NO 1000.00 1000.00 80.00 03-03-2019 03-03-2018 - - NO 1000.00 - INFRA BONDS 100.00 1000.00

IODS IL&FS Bonds 8.70 NO 1000.00 1000.00 130.14 25/7/2019 25/1/2018 - - NO 1000.00 - INFRA BONDS 100.00 1000.00

OBPT IL&FS FSL Bonds 9.60 NO 500.00 500.00 48.00 28/8/2019 28/8/2018 - - NO 500.00 - CORP. BONDS 100.00 500.00

IODS IL&FS Bonds 7.65 NO 1500.00 - 164.74 - 26/07/2018 - - NO - - INFRA BONDS 0.00 0.00

IODS IL&FS Bonds 7.90 NO 500.00 - 86.47 - 24/10/2017 - - NO - - INFRA BONDS 0.00 0.00

IODS IL&FS Bonds 9.98 NO 500.00 - 103.49 - 12-05-2017 - - NO - - INFRA BONDS 0.00 0.00

FORM NL-35-NON PERFORMING ASSETS-7A

AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED


CIN: U74999DL2002PLC118123

Statement as on: June 30, 2020

Details of Investment Portfolio

Periodicity of Submission : Quarterly

COI Company NameInstrument

Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Default

Interest (Book

Value)

Principal

Due from

Interest Due

fromProvision (Rs)

* The total exposure of AIC in IL&FS Ltd Group stands at Rs 55.00 crore. IL&FS Limited has defaulted on Principal Rs. 30 crores as on 30.06.2020

Deferred

Principal

Deferred

Interest

Rolled

Over?

Has there been any Principal

ClassificationProvision

(%)

Rs. Lakhs

Book Value*

1 CGSB 1,68,301.12 3,181.88 1.89 1.89 1.89 3,234.66

2 CTRB 5,186.17 65.47 1.26 1.26 1.26 283.97

3 SGGB 1,80,037.80 3,396.21 1.89 1.89 1.89 2,042.68

4 HTDA 46,277.07 964.23 2.08 2.08 2.08 1,354.42

5 HFHD 4,262.00 79.36 1.86 1.86 1.86 79.57

6 IPTD 2,835.43 63.31 2.23 2.23 2.23 425.83

7 ICTD 68,246.57 1,395.66 2.05 2.05 2.05 979.96

8 IPFD 12,001.76 223.77 1.86 1.86 1.86 224.33

9 EAEQ 13,067.99 0.00 0.00 0.00 0.00 12.66

10 EACE 12,580.94 0.00 0.00 0.00 0.00 10.58

11 EPBT 71,177.52 1,473.44 2.07 2.07 2.07 1,368.33

12 ECDB 1,20,271.54 1,906.02 1.58 1.58 1.58 1,543.61

13 EGMF 78,979.08 312.05 0.40 0.40 0.40 281.99

14 EETF 498.46 0.00 0.00 0.00 0.00 0.00

15 OBPT 1,000.00 5.26 0.53 0.53 0.53 21.77

16 OEPU 528.33 0.00 0.00 0.00 0.00 0.00

17 IODS 2,500.00 0.00 0.00 0.00 0.00 0.00

7,87,751.78 13,066.65 1.66 1.66 1.66 11,863.87

FORM NL-36-YIELD ON INVESTMENTS

AGRICULTURE INSUANCE COMPANY OF INDIA LIMITED


CIN: U74999DL2002PLC118123

Statement as on June 2020

Statement of Investment and Income on Investment


No Category of Investment Category Code

Current Quarter Year to Date (current year) Year to Date (previous year)

Investment (Rs.) Income On

Investment

(Rs.)

Gross Yield

(%)Net Yield (%)


Investment

(Rs.)

Gross

Yield (%)

Net Yield

(%)


Investment

(Rs.)

Gross

Yield (%)

Net

Yield

(%)Market Value Book Value* Market Value Book Value* Market Value

CENTRAL GOVERNMENT BONDS 1,76,772.33 1,68,301.12 1,76,772.33 3,181.88 1.89 1,66,365.18 1,70,723.84 1.94 1.94

TREASURY BILLS 5,155.72 5,186.17 5,155.72 65.47 1.26 17,025.70 16,900.42 1.67 1.67

STATE GOVERNMENT BONDS 1,86,379.93 1,80,037.80 1,86,379.93 3,396.21 1.89 99,399.65 1,02,574.76 2.06 2.06

BONDS / DEBENTURES ISSUED BY AUTHORITY CONSTITUTED UNDER ANY HOUSING / BUILDING 47,255.57 46,277.07 47,255.57 964.23 2.08 62,729.77 63,322.38 2.16 2.16

BONDS / DEBENTURES ISSUED BY HUDCO 4,360.29 4,262.00 4,360.29 79.36 1.86 4,262.00 4,223.41 1.87 1.87

INFRASTRUCTURE - PSU - DEBENTURES / BONDS 2,916.58 2,835.43 2,916.58 63.31 2.23 19,870.76 19,990.01 2.14 2.14

INFRASTRUCTURE - OTHER CORPORATE SECURITIES - DEBENTURES/ BONDS 69,767.25 68,246.57 69,767.25 1,395.66 2.05 48,278.09 48,343.59 2.03 2.03

INFRASTRUCTURE - PSU - DEBENTURES / BONDS 12,281.39 12,001.76 12,281.39 223.77 1.86 12,002.07 11,921.30 1.87 1.87

PSU - EQUITY SHARES - QUOTED 6,422.92 13,067.99 6,422.92 0.00 0.00 13,270.58 10,518.59 0.10 0.10

CORPORATE SECURITIES - EQUITY SHARES (ORDINARY)- QUOTED 13,900.56 12,580.94 13,900.56 0.00 0.00 12,376.46 16,308.19 0.09 0.09

CORPORATE SECURITIES - BONDS - (TAXABLE) 72,492.28 71,177.52 72,492.28 1,473.44 2.07 66,975.19 67,538.93 2.04 2.04

DEPOSITS - DEPOSIT WITH SCHEDULED BANKS, FIS (INCL. BANK BALANCE AWAITING INVESTMENT),

CCIL, RBI1,20,271.54 1,20,271.54 1,20,271.54 1,906.02 1.58 78,193.90 78,193.90 1.97 1.97

MUTUAL FUNDS - GILT / G SEC / LIQUID SCHEMES 78,996.50 78,979.08 78,996.50 312.05 0.40 34,635.78 35,456.08 0.81 0.81

PASSIVELY MANAGED EQUITY ETF (NON PROMOTER GROUP) 271.38 498.46 271.38 0.00 0.00 498.46 460.02 0.00 0.00

BONDS - PSU - TAXABLE 1,001.06 1,000.00 1,001.06 5.26 0.53 1,500.00 1,508.71 1.45 1.45

EQUITY SHARES (PSUS & UNLISTED) 224.48 528.33 224.48 0.00 0.00 18.73 4.87 0.00 0.00

INFRASTRUCTURE - DEBENTURES / BONDS / CPS / LOANS 2,633.74 2,500.00 2,633.74 0.00 0.00

Total 8,01,103.50 7,87,751.78 8,01,103.50 13,066.65 1.66 6,40,902.32 6,51,583.06 1.85 1.85

3,500.00 3,594.09 0.00 0.00

Rs. Lakhs

No Name of the Security COI Amount Date of

PurchaseRating Agency

Original

Grade

Current

Grade

Date of

DowngradeRemarks

A. During the Quarter ¹

B. As on Date ²

1 7.65% IL&FS NCB 26-07-2022 IODS 1500.00 03-08-2017 ICRA AAA D 17/09/2018 DEFAULT OF INTEREST ON 26.07.2019

2 7.90% IL&FS NCB 22-10-2021 IODS 500.00 24-10-2016 ICRA AAA D 17/09/2018 DEFAULT OF INTEREST ON 22.10.2018 & 22.10.2019

3 9.98% IL&FS NCB 05-12-2021 IODS 500.00 31-03-2012 ICRA AAA D 17/09/2018 DEFAULT OF INTEREST ON 05.12.2018 & 05.12.2019

4 7.32% CAN FIN HOMES LTD NCB 26-10-2020 HTDA 1,935.47 04-12-2018 ICRA AAA AA+ 06-05-2019


NIL

FORM NL-37-DOWN GRADING OF INVESTMENT

AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED


CIN: U74999DL2002PLC118123

Statement as on June 30, 2020

Statement of Down Graded Investments

Sr. No Line of Business Premium No. of Policies Premium No. of Policies Premium No. of Policies Premium No. of Policies

1 Fire

2 Cargo & Hull

3 Motor TP

4 Motor OD

5 Engineering

6 Workmen's Compensation

7 Employer's Liability

8 Aviation

9 Personal Accident

10 Health

11 Others* 32961.59 1311781 9767.48 105867 32961.59 1311781 9767.48 105867

Note:

1. Premium stands for amount of premium

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

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

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

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



CIN: U74999DL2002PLC118123

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

S.NO. Line of Business

Quarter ended

June 30 ,2020

Quarter ended

June 30 ,2019

Year ended

June 30 ,2020

Year ended

June 30 ,2019

(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 1311781 32961.59 470256.79

Social

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

PERIODIC DISCLOSURESFORM NL-39 Rural & Social Obligations



CIN: U74999DL2002PLC118123

Rural & Social Obligations (Annual Returns)

1 Fire

2 Cargo & Hull

3 Motor TP

4 Motor OD

5 Engineering

6 Workmen's Compensation

10 Health

11 Others*

7 Employer's Liability

8 Aviation

9 Personal Accident

1 Individual agents 0 0 0 0 0 0 0 0

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

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

4 Brokers 625333 7386.17 2663 63.45 625333 7386.17 2663 63.45

5 Micro Agents 7753 184.64 1157 2053.61 7753 184.64 1157 2053.61

6 Direct Business 46588 492.92 723 18.10 46588 492.92 723 18.10

7 Other 632107 24897.85 101324 7632.33 632107 24897.85 101324 7632.33

Total (A) 1311781 32961.59 105867 9767.48 1311781 32961.585 105867 9767.48

1 Referral (B)

Grand Total (A+B) 1311781 32961.59 105867 9767.48 1311781 32961.59 105867 9767.48

Note:

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

No. of Policies Premium

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

Quarter ended

June 30 ,2020

Quarter ended

June 30 ,2019

Year ended

June 30 ,2020

Year ended

June 30 ,2019

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

PERIODIC DISCLOSURESFORM NL-40 Business Acquisition through different channels



CIN: U74999DL2002PLC118123

(Rs in Lakhs)

Sl.No.

Business Acquisition through different channels

Channels

FORM NL-41 Grievance Disposal

Fully

Accepted

Partially

AcceptedRejected

1 Complaints made by customers

a) Proposal Related 16 3 1 0 17 1 19

b) Claim 69 478 21 32 357 137 547

c) Policy Related 15 20 1 3 26 5 35

d) premium 0 4 0 0 2 2 4

e) Refund 2 4 0 0 3 3 6

f) Coverage 0 4 0 1 1 2 4

g) Cover Note related 2 0 0 0 2 0 2

h) Products/Scheme 0 0 0 0 0 0 0

i) others 8 9 0 0 15 2 17

Total Number 112 522 23 36 423 152 634

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

5

Total 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 74 0 74

b) 16 - 30days 59 0 59

c) >30 days 19 0 19

Total Number 152 0 152

Complaints Resolved/setteled

during the quarter Complaints

Pending at the

end of the

quarter

Total

Complaints

registered upto

the quarter

during the

financial Year

As on 30.06.2020


GRIEVANCE DISPOSAL STATEMENT AS on 30.06.2020

SN Particulars

Opening

Balance as on

begining of

the quarter

Additions

during the

quarter

For the Quarter Ended June 30, 2020 Upto the Quarter Ended ...

Documents

Transcript of For the Quarter Ended June 30, 2020 Upto the Quarter Ended ...