FORM NL-1-B-RA IRDA Registration No. 108, dated · PDF fileFORM NL-1-B-RA Name of the Insurer: Tata AIG General Insurance Company Limited IRDA Registration No. 108, dated January 22,

FORM NL-1-B-RA

Name of the Insurer: Tata AIG General Insurance Company Limited

IRDA Registration No. 108, dated January 22, 2001

REVENUE ACCOUNT** FOR THE YEAR ENDED MARCH 31, 2010

(Rs. in '000s)

Particulars Schedule

Fire Marine Miscellaneous Total Fire Marine Miscellaneous Total

1 Premiums earned (Net) NL-4-

Premium

Schedule

201,051 616,927 5,079,305 5,897,283 206,419 556,338 5,112,066 5,874,823

2 Profit/ Loss on sale/redemption

of Investments

4,830 11,719 98,919 115,468 729 1,647 13,373 15,749

- -

3 Others 645 1,709 14,121 16,475 813 1,768 16,250 18,831

Co-insurance Administration income 2,007 338 538 2,883 1,240 863 477 2,580

Amortisation of Investments (1,399) (3,395) (28,656) (33,450) 101 227 1,846 2,174

4 Interest, Dividend & Rent – Gross 37,542 42,616 472,943 553,101 38,054 38,696 394,116 470,866

TOTAL (A) 244,676 669,914 5,637,170 6,551,760 247,356 599,539 5,538,128 6,385,023

1 Claims Incurred (Net) NL-5-

Claims

Schedule

102,185 472,351 3,389,194 3,963,730 116,612 532,025 2,908,057 3,556,694

2 Commission NL-6-

Commissio

n Schedule

(192,837) 14,738 400,949 222,850 (254,196) (7,026) 459,447 198,225

3 Operating Expenses related to

Insurance Business

NL-7-

Operating

Expenses

Schedule

114,017 253,057 2,134,477 2,501,551 153,180 262,115 2,273,218 2,688,513

Contribution towards Solatium Fund 2,355 2,355 2,303 2,303

4 Premium Deficiency

Co-insurance Administration Fees 2,955 110 360 3,425 3,794 211 583 4,588

Motor pool Administration Fees - - 9,571 9,571 - - 17,343 17,343

TOTAL (B) 26,320 740,256 5,936,906 6,703,482 19,390 787,325 5,660,951 6,467,666

Operating Profit/(Loss) from

Fire/Marine/Miscellaneous

Business C= (A - B)

218,356 (70,342) (299,736) (151,722) 227,966 (187,786) (122,823) (82,643)

APPROPRIATIONS

Transfer to Shareholders’ Account 218,356 (70,342) (299,736) (151,722) 227,966 (187,786) (122,823) (82,643)

Transfer to Catastrophe Reserve

Transfer to Other Reserves (to be

specified)

TOTAL (C) 218,356 (70,342) (299,736) (151,722) 227,966 (187,786) (122,823) (82,643)

Year Ended

March 31, 2010

Year Ended

March 31, 2009

FORM NL-2-B-PL



PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2010

Particulars Schedule Year Ended

March 31, 2010

Year Ended

March 31, 2009

(Rs.’000) (Rs.’000)

1 OPERATING PROFIT/(LOSS)

(a) Fire Insurance 218,356 227,966

(b) Marine Insurance (70,342) (187,786)

(c ) Miscellaneous Insurance (299,736) (122,823)

2 INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent – Gross 222,290 217,855

(b) Profit on sale of investments 61,129 9,275

Less: Loss on sale of investments - -

(c) Amortization of Debt Securities (17,708) 1,280

3 OTHER INCOME (To be specified)

Claims Service Fees 3,388 5,664

Interest on Loan to Employees - -

Miscellaneous 612 2,787

TOTAL (A) 117,989 154,218

4 PROVISIONS (Other than taxation)

(a) For diminution in the value of investments

(b) For doubtful debts 17,553 51,245

(c) Others (to be specified) 2,922

Excess provision of earlier year written back (20,334) -

5 OTHER EXPENSES

(a) Expenses other than those related to Insurance Business - -

Amortization of Pre-operative Expenditure 238 -

Donation (202) 215

(Profit) / Loss on Sale / Write off of Fixed Assets (Net) - (764)

(b) Bad debts written off - 8,568

(c) Others (To be specified) - -

TOTAL (B) 177 59,264

Profit Before Tax 117,812 94,954

Prior Period Adjustments Account

Claims Incurred (Reinsurance Ceded) 70,000 -

Profit / (Loss) Before Tax 47,812 94,954

Provision for Taxation

(a) Current tax [Incl. Interest Rs.('000s) 4,332 (Previous Year

Rs.('000s) 978)]

4,477 91,223

(b) Deferred tax (23,972) (50,126)

(c) Fringe benefits tax 350 11,454

Profit / (Loss) After Tax 66,957 42,403

APPROPRIATIONS

(a) Interim dividends paid during the year - -

(b) Proposed final dividend - -

(c) Dividend distribution tax - -

(d) Transfer to any Reserves or Other Accounts (to be

specified)

- -

- Contingency reserve for Unexpired Risks - 151,237

Balance of profit/ loss brought forward from last year240,912 349,746

Balance carried forward to Balance Sheet 307,869 240,912

FORM NL-3-B-BS



BALANCE SHEET AS AT MARCH 31, 2010

Schedule Year Ended

March 31, 2010

Year Ended

March 31, 2009

(Rs.’000) (Rs.’000)

SOURCES OF FUNDS

SHARE CAPITAL NL-8-Share Capital

Schedule

3,000,000 3,000,000

SHARE APPLICATION MONEY PENDING ALLOTMENT - -

RESERVES AND SURPLUS NL-10-Reserves and

Surplus Schedule

459,106 392,149

FAIR VALUE CHANGE ACCOUNT 110,675 (44,820)

BORROWINGS NL-11-Borrowings

Schedule

- -

TOTAL 3,569,781 3,347,329

APPLICATION OF FUNDS

INVESTMENTS NL-12-Investment Schedule 8,559,692 7,144,330

LOANS NL-13-Loans Schedule - -

FIXED ASSETS NL-14-Fixed Assets

Schedule

293,258 275,453

DEFERRED TAX ASSET 98,791 74,819

CURRENT ASSETS

Cash and Bank Balances NL-15-Cash and bank

balance Schedule

641,729 466,622

Advances and Other Assets NL-16-Advancxes and

Other Assets Schedule

3,209,625 2,914,854

Sub-Total (A) 3,851,354 3,381,476

CURRENT LIABILITIES NL-17-Current Liabilities

Schedule

6,206,306 4,314,199

PROVISIONS NL-18-Provisions Schedule 3,027,008 3,214,550

DEFERRED TAX LIABILITY - -

Sub-Total (B) 9,233,314 7,528,749

NET CURRENT ASSETS (C) = (A - B) (5,381,960) (4,147,273)

MISCELLANEOUS EXPENDITURE (to the extent not written off

or adjusted)

NL-19-Miscellaneous

Expenditure Schedule

- -

DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT - -

TOTAL 3,569,781 3,347,329

CONTINGENT LIABILITIES

Particulars Year Ended

March 31, 2010

Year Ended

March 31, 2009

(Rs.’000) (Rs.’000)

1 Partly paid-up investments - -

2 Claims, other than against policies, not acknowledged as debts by

the company

- -

3 Underwriting commitments outstanding (in respect of shares and

securities)

- -

4 Guarantees given by or on behalf of the Company - -

5 Statutory demands/ liabilities in dispute, not provided for 59,580 35,430

6 Reinsurance obligations to the extent not provided for in accounts - -

7 Others (Insurance Claims disputed by the company, to the extent

not provided/reserved)

11,066 5,275

TOTAL 70,646 40,705

FORM NL-4-PREMIUM SCHEDULE

PREMIUM EARNED [NET]

(Rs. in '000s)

Particulars FIRE MARINEMISCELLANEOUS

Year Ended March

31, 2010

MotorWorkmen's

Compensation

Personal

Accident

Health

InsuranceLiability Engineering Aviation Others Total Grand Total

Premium from direct business written 1,434,028 1,151,076 2,297,520 77,138 1,018,694 823,000 1,228,266 347,612 - 160,650 5,952,880 8,537,984

Service Tax - - - - - - - - - - - -

Adjustment for change in reserve for

unexpired risks

- - - - - - - - - - - -

Gross Earned Premium - - - - - - - - - - - -

Add: Premium on reinsurance accepted 153,135 - 817,817 1,963 24,081 11,040 107,899 48,002 - 14,626 1,025,428 1,178,563

Less : Premium on reinsurance ceded 1,410,546 506,309 406,187 11,932 128,722 145,133 867,638 384,405 - 55,646 1,999,663 3,916,518

Net Premium 176,617 644,767 2,709,150 67,169 914,053 688,907 468,527 11,209 - 119,630 4,978,645 5,800,029


unexpired risks 24,434 (27,840) 35,096 (3,065) 166,013 (35,819) (48,758) (3,899) - (8,908) 100,660 97,254

Premium Earned (Net) 201,051 616,927 2,744,246 64,104 1,080,066 653,088 419,769 7,310 - 110,722 5,079,305 5,897,283

(Rs. in '000s)


Year Ended March

31, 2009

MotorWorkmen's

Compensation

Personal

Accident

Health


Premium from direct business written 1,447,597 1,118,238 2,247,877 48,212 1,165,593 738,882 1,030,037 339,890 - 102,879 5,673,370 8,239,205

Service Tax - - - - - - - - - - - -


unexpired risks

- - - - - - - - - - - -

Gross Earned Premium - - - - - - - - - - - -

Add: Premium on reinsurance accepted 190,177 - 943,529 11,120 14,571 50,635 71,111 16,360 - 31,909 1,139,235 1,329,412

Less : Premium on reinsurance ceded 1,408,113 529,144 396,540 33,419 121,448 76,485 722,994 348,984 - 56,621 1,756,491 3,693,748

Net Premium 229,661 589,094 2,794,866 25,913 1,058,716 713,032 378,154 7,266 - 78,167 5,056,114 5,874,869


unexpired risks (23,242) (32,756) 22,366 5,456 (76,735) 166,202 (61,004) (50)

-

(283) 55,952 (46)

Premium Earned (Net) 206,419 556,338 2,817,232 31,369 981,981 879,234 317,150 7,216 - 77,884 5,112,066 5,874,823

Tata AIG General Insurance Company Limited

FORM NL-5 - CLAIMS SCHEDULE

CLAIMS INCURRED [NET]

(Rs. in '000s)


Year Ended March

31, 2010

MotorWorkmen's

Compensation

Personal

Accident

Health


Claims paid - Direct 529,566 670,754 1,101,480 14,340 252,836 431,371 22,423 356,395 - 35,229 2,214,074 3,414,394

Add Claims Outstanding at the end of the year 71,166 411,120 2,664,259 28,476 254,957 197,443 516,193 57,394 - 45,935 3,764,657 4,246,943

Less Claims Outstanding at the beginning of the year 65,913 298,060 1,810,723 22,298 172,844 223,955 141,939 25,120 - 10,258 2,407,137 2,771,110

Gross Incurred Claims 534,819 783,814 1,955,016 20,518 334,949 404,859 396,677 388,669 - 70,906 3,571,594 4,890,227

Add :Re-insurance accepted to direct claims 17,189 1,783 346,821 3,833 8,787 30,562 3,846 2 - 14,039 407,890 426,862

Less :Re-insurance Ceded to claims paid 449,823 313,246 161,176 1,626 30,598 49,477 2,438 340,901 - 4,074 590,290 1,353,359

Net Premium 102,185 472,351 2,140,661 22,725 313,138 385,944 398,085 47,770 - 80,871 3,389,194 3,963,730

(Rs. in '000s)


Year Ended March

31, 2009

MotorWorkmen's

Compensation

Personal

Accident

Health


Claims paid - Direct 901,445 815,323 1,180,991 11,737 304,198 476,747 23,304 201,183 - 12,112 2,210,272 3,927,040

Add Claims Outstanding at the end of the year 65,913 298,060 1,810,723 22,298 172,844 223,955 141,939 25,120 - 10,258 2,407,137 2,771,110

Less Claims Outstanding at the beginning of the year 58,111 206,648 605,594 16,850 76,220 230,765 84,066 9,146 - 5,233 1,027,874 1,292,633

Gross Incurred Claims 909,247 906,735 2,386,120 17,185 400,822 469,937 81,177 217,157 - 17,137 3,589,535 5,405,517

Add :Re-insurance accepted to direct claims 8,158 2,313 (236,978) - 9,105 5,665 455 - - 30,993 (190,760) (180,289)

Less :Re-insurance Ceded to claims paid 800,793 377,023 183,204 1,791 43,444 64,878 4,232 192,324 - 845 490,718 1,668,534

Net Premium 116,612 532,025 1,965,938 15,394 366,483 410,724 77,400 24,833 - 47,285 2,908,057 3,556,694


FORM NL-6-COMMISSION SCHEDULE

(Rs. in '000s)

Particulars FIRE MARINE MISCELLANEOUSYear Ended

March 31, 2010

MotorWorkmen's

Compensation

Personal

Accident

Health


Commission Paid - Direct 84,186 136,597 111,958 5,848 96,198 47,823 124,722 14,394 - 13,688 414,631 635,414

Add: Reinsurance accepted 19,338 - 156,441 4,186 5,436 13,702 14,323 4,201 - 9,990 208,279 227,617

Less : Reinsurance ceded 296,361 121,859 58,805 1,470 17,874 36,266 27,368 76,225 - 3,953 221,961 640,181

Net Commission (192,837) 14,738 209,594 8,564 83,760 25,259 111,677 (57,630) - 19,725 400,949 222,850

Break up of Gross Commission

Agents 22,768 35,522 67,563 2,604 20,111 21,628 10,025 3,680 - 6,178 131,789 190,079

Brokers 59,947 96,022 14,213 3,198 17,196 11,201 113,884 11,650 - 6,980 178,322 334,291

Corporate Agents 1,471 5,053 30,182 46 58,891 14,994 813 (936) - 530 104,520 111,044

Referral - - - - - - - - - - - -

84,186 136,597 111,958 5,848 96,198 47,823 124,722 14,394 - 13,688 414,631 635,414

(Rs. in '000s)

Particulars FIRE MARINE MISCELLANEOUSYear Ended

March 31, 2009

MotorWorkmen's

Compensation

Personal

Accident

Health


Commission Paid - Direct 90,829 126,674 127,120 3,247 102,801 50,887 107,882 14,053 - 8,558 414,548 632,051

Add: Reinsurance accepted 6,493 - 192,660 3,892 3,093 17,959 3,824 3,451 - 26,502 251,381 257,874

Less : Reinsurance ceded 351,518 133,700 59,220 1,000 22,895 15,813 32,236 72,025 - 3,293 206,482 691,700

Net Commission (254,196) (7,026) 260,560 6,139 82,999 53,033 79,470 (54,521) - 31,767 459,447 198,225

Break up of Gross Commission

Agents 19,709 23,691 54,096 1,428 17,141 22,169 10,217 2,962 - 3,934 111,947 155,347

Brokers 59,276 88,726 13,698 1,743 16,298 12,244 95,758 9,726 - 4,544 154,011 302,013

Corporate Agents 11,844 14,257 59,326 76 69,362 16,474 1,907 1,365 - 80 148,590 174,691

Referral - - - - - - - - - - - -

90,829 126,674 127,120 3,247 102,801 50,887 107,882 14,053 - 8,558 414,548 632,051

FORM NL-7-OPERATING EXPENSES SCHEDULE

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

(Rs. in '000s)

FIRE MARINE MISCELLANEOUSYear Ended

March 31, 2010

FIRE MARINE MotorWorkmen's

Compensation

Personal

Accident

Health


Employees’ remuneration and welfare benefits 53,230 94,122 252,530 2,480 126,841 92,853 130,485 12,515 - 15,321 633,025 780,377

Travel, conveyance and vehicle running expenses 2,299 3,205 8,818 81 4,585 3,356 4,720 1,127 - 501 23,188 28,692

Training expenses 436 806 2,027 22 1,053 771 1,313 76 - 135 5,397 6,639

Rents, rates and taxes 16,083 44,578 130,523 580 71,765 52,535 36,362 5,564 - 3,582 300,911 361,572

Repairs 1,001 2,418 6,873 76 3,243 2,374 3,409 173 - 469 16,617 20,036

Printing and Stationery 1,042 2,808 9,510 74 7,044 5,156 3,405 203 - 458 25,850 29,700

Communication 3,446 8,605 25,141 286 15,882 11,627 12,355 508 - 1,765 67,564 79,615

Legal and Professional charges 12,232 34,587 147,680 563 86,849 63,577 29,328 10,997 - 3,478 342,472 389,291

Auditors' fees, expenses etc.

a) as auditors 120 314 943 12 438 321 470 11 - 71 2,266 2,700

b) as advisor or in any other capacity, in respect of :

(i) Taxation matters - - - - - - - - - - - -

(ii) Insurance matters - - - - - - - - - - - -

(iii) Management services - - - - - - - - - - - -

c) in any other capacity and 49 128 384 5 179 131 191 4 - 29 923 1,100

d) out of pocket expenses 4 10 29 - 13 10 14 - - 2 68 82

Advertisement and publicity 1,752 4,097 59,625 48 24,410 17,869 3,086 329 - 299 105,666 111,515

Interest and Bank Charges 1,040 2,734 8,199 100 40,323 29,518 4,086 93 - 619 82,938 86,712

Others:

Direct Telemarketing costs 2,677 7,037 40,297 258 87,069 63,738 10,518 240 - 1,593 203,713 213,427

Outsourced Operations costs 5,507 14,479 43,423 530 20,197 14,785 21,641 495 - 3,277 104,348 124,334

Agents Training 256 381 4,467 22 2,059 1,507 618 177 - 135 8,985 9,622

Business Development Expenses 483 633 8,075 - 1,787 1,308 803 246 - - 12,219 13,335

Foreign Exchange (Gain) / Loss 273 811 2,434 30 1,129 826 1,162 1,452 - 183 7,216 8,300

Information Technology Expenses 3,882 10,152 30,242 365 14,106 10,326 15,027 392 - 2,253 72,711 86,745

Miscellaneous Expenses 840 5,439 8,180 96 3,956 2,896 4,197 138 - 595 20,058 26,337

Depreciation/ Amortisation 7,365 15,713 40,096 386 19,229 14,076 19,965 2,204 - 2,386 98,342 121,420

Total 114,017 253,057 829,496 6,014 532,157 389,560 303,155 36,944 - 37,151 2,134,477 2,501,551


FORM NL-7-OPERATING EXPENSES SCHEDULE

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

(Rs. in '000s)

FIRE MARINE MISCELLANEOUSYear Ended

March 31, 2009

FIRE MARINE MotorWorkmen's

Compensation

Personal

Accident

Health


Employees’ remuneration and welfare benefits 66,012 94,591 251,743 5,223 153,576 102,810 107,353 15,821 - 5,213 641,739 802,342

Travel, conveyance and vehicle running expenses 3,596 3,970 10,665 208 7,321 4,901 5,039 1,961 - 221 30,316 37,882

Training expenses 962 1,617 6,038 138 3,629 2,429 2,668 99 - 125 15,126 17,705

Rents, rates and taxes 14,771 35,818 147,965 1,282 52,620 35,226 27,443 4,819 - 3,064 272,419 323,008

Repairs 1,098 2,081 6,860 158 3,644 2,439 2,607 207 - 142 16,057 19,236

Printing and Stationery 1,635 3,450 11,694 237 8,552 5,725 3,818 321 - 242 30,589 35,674

Communication 4,762 9,231 31,217 751 21,706 14,531 11,899 731 - 646 81,481 95,474

Legal and Professional charges 24,752 48,368 125,365 1,731 118,232 79,149 39,358 12,009 - 2,595 378,439 451,559

Auditors' fees, expenses etc.

a) as auditors 124 253 1,190 22 442 296 341 14 - 18 2,323 2,700

b) as advisor or in any other capacity, in respect of :

(i) Taxation matters - - - - - - - - - - - -

(ii) Insurance matters - - - - - - - - - - - -

(iii) Management services - - - - - - - - - - - -

c) in any other capacity and 61 124 360 11 216 145 167 7 - 9 915 1,100

d) out of pocket expenses 4 9 30 1 15 10 12 - - 1 69 82

Advertisement and publicity 914 1,569 29,494 93 25,945 17,369 1,833 99 - 609 75,442 77,925

Interest and Bank Charges 336 682 2,348 61 14,336 9,597 922 40 - 49 27,353 28,371

Others:

Direct Telemarketing costs 4,537 9,211 57,576 823 110,823 74,189 12,446 537 - 1,192 257,586 271,334

Outsourced Operations costs 8,625 17,507 61,638 1,565 30,668 20,530 23,658 1,021 - 1,276 140,356 166,488

Agents Training 3,149 4,141 31,502 204 18,757 12,557 3,714 406 - 652 67,792 75,082

Business Development Expenses 1,790 2,897 17,252 117 8,245 5,520 2,493 679 - 357 34,663 39,350

Foreign Exchange (Gain) / Loss 2,315 1,768 5,875 149 2,924 1,958 8,165 (649) - 122 18,544 22,627

Information Technology Expenses 4,743 9,560 32,828 826 16,422 10,994 12,625 610 - 680 74,985 89,288

Miscellaneous Expenses 752 1,432 4,093 102 2,291 1,533 1,786 111 - 90 10,006 12,190

Depreciation/ Amortisation 8,242 13,836 37,271 808 24,105 16,137 15,738 2,187 - 772 97,018 119,096

Total 153,180 262,115 873,004 14,510 624,469 418,045 284,085 41,030 - 18,075 2,273,218 2,688,513


FORM NL-8-SHARE CAPITAL SCHEDULE

SHARE CAPITAL

Particulars As at

March 31, 2010

As at

March 31, 2009

(Rs.’000). (Rs.’000).

1 Authorised Capital

450,000,000 (Previous Year : 450,000,000)

Equity Shares of Rs.10 each

4,500,000 4,500,000

2 Issued Capital

300,000,000 (Previous Year : 300,000,000)


3,000,000 3,000,000

3 Subscribed Capital

300,000,000 (Previous Year : 300,000,000)


3,000,000 3,000,000

4 Called-up Capital

300,000,000 (Previous Year : 300,000,000)


3,000,000 3,000,000

Less : Calls unpaid - -

Add : Equity Shares forfeited (Amount originally

paid up)

- -

Less : Par Value of Equity Shares bought back - -

Less : Preliminary Expenses - -

Expenses including commission or

brokerage on

Underwriting or subscription of

shares

TOTAL 3,000,000 3,000,000


FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE

SHARE CAPITAL

PATTERN OF SHAREHOLDING

[As certified by the Management]

Shareholder

Number of

Shares

% of Holding Number of

Shares

% of Holding

Promoters

• Indian - Tata Sons Limited 222,000,000 74% 222,000,000 74%

• Foreign - CHARTIS MEMSA Holdings Inc. (Formerly Known as AIG Memsa Holdings Inc.) 78,000,000 26% 78,000,000 26%

Others - - - -

TOTAL 300,000,000 100% 300,000,000 100%

As at March 31, 2009As at March 31, 2010


FORM NL-10-RESERVE AND SURPLUS SCHEDULE

RESERVES AND SURPLUS

Particulars As at March 31, 2010 As at March 31, 2009

(Rs.’000). (Rs.’000).

1 Capital Reserve - -

2 Capital Redemption Reserve - -

3 Share Premium - -

General Reserves - -

Less: Debit balance in Profit and Loss Account - -

Less: Amount utilized for Buy-back - -

5 Catastrophe Reserve - -

- Contingency reserve for Unexpired Risks 151,237 151,237

6 Other Reserves (to be specified) -

7 Balance of Profit in Profit & Loss Account 307,869 240,912

TOTAL 459,106 392,149

4


FORM NL-11-BORROWINGS SCHEDULE

BORROWINGS


(Rs.’000). (Rs.’000).

1 Debentures/ Bonds - -

2 Banks - -

3 Financial Institutions - -

4 Others (to be specified) - -

TOTAL - -


FORM NL-12-INVESTMENT SCHEDULE

Investments


(Rs.’000). (Rs.’000).

LONG TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills

3,805,770 2,105,115

2 Other Approved Securities 1,297,907 397,199

3 Other Investments

( a) Shares

(aa) Equity - -

(bb) Preference - -

( b) Mutual Funds - -

(c) Derivative Instruments - -

(d) Debentures/ Bonds 20,449 20,650

(e) Other Securities (to be specified) - -

(f) Subsidiaries - -

(g) Investment Properties-Real Estate - -

4 Investments in Infrastructure and Social Sector 2,126,124 2,152,044

5 Other than Approved Investments - -

SHORT TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills

100,110 1,095,200

2 Other Approved Securities 1,159,675 1,245,701

3 Other Investments

(a) Shares

(aa) Equity - 28,592

(bb) Preference - -

(b) Mutual Funds - -

(a) Derivative Instruments - -

(b) Debentures/ Bonds - -

(c) Other Securities (to be specified) - -

(d) Subsidiaries - -

(e) Investment Properties-Real Estate - -

4 Investments in Infrastructure and Social Sector 49,657 99,829

5 Other than Approved Investments - -

TOTAL 8,559,692 7,144,330


FORM NL-13-LOANS SCHEDULE

LOANS


(Rs.’000). (Rs.’000).

1 SECURITY-WISE CLASSIFICATION

Secured

(a) On mortgage of property

(aa) In India - -

(bb) Outside India - -

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

(c) Others (to be specified) - -

Unsecured - -

TOTAL - -

2 BORROWER-WISE CLASSIFICATION

(a) Central and State Governments - -

(b) Banks and Financial Institutions - -

(c) Subsidiaries - -

(d) Industrial Undertakings - -

(e) Others (to be specified) - -

TOTAL - -

3 PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard

(aa) In India - -


(b) Non-performing loans less provisions

(aa) In India - -


TOTAL - -

4 MATURITY-WISE CLASSIFICATION

(a) Short Term - -

(b) Long Term - -

TOTAL - -


FORM NL-14-FIXED ASSETS SCHEDULE

FIXED ASSETS

(Rs.’000)

ParticularsOn Sales/

Adjustments

Goodwill - - - - - - - - - -

Intangibles (specify) 271,174 32,075 - 303,249 208,280 29,383 - 237,663 65,586 62,894

Land-Freehold - - - - - - - - - -

Leasehold Property 134,864 38,380 21,889 151,355 117,202 19,053 21,889 114,366 36,989 17,662

Buildings - - - - - - - - - -

Furniture & Fittings 50,130 13,273 1,491 61,912 43,289 5,013 1,491 46,811 15,101 6,841

Information Technology

Equipment

371,875 32,246 51,677 352,444 228,558 52,070 47,743 232,885 119,559 143,317

Vehicles 20,384 - 4,489 15,895 7,969 3,215 1,107 10,077 5,818 12,415

Office Equipment 91,166 29,087 11,411 108,842 61,836 12,686 10,803 63,719 45,123 29,330

Others (Specify nature) - - - - - - - - - -

TOTAL 939,593 145,061 90,957 993,697 667,134 121,420 83,033 705,521 288,176 272,459

Work in progress 5,082 2,994

Grand Total 939,593 145,061 90,957 993,697 667,134 121,420 83,033 705,521 293,258 275,453

PREVIOUS YEAR 833,601 138,268 32,276 939,593 574,127 119,096 26,089 667,134 275,453

Tata AIG Insurance Company Limited

To Date

Cost/ Gross Block Depreciation Net BlockClosing Up to Last

Year

For The Year As at 31 March,

2010

As at 31 March,

2009

Opening Additions/

Adjustments

Deductions/Ad

justments

FORM NL-15-CASH AND BANK BALANCE SCHEDULE

CASH AND BANK BALANCES

Particulars As at 31 March, 2010 As at 31 March, 2009

(Rs.’000) (Rs.’000)

1 Cash (including cheques, drafts and

stamps)

333,655 245,661

2 Bank Balances

(a) Deposit Accounts

(aa) Short-term (due within 12

months)

- -

(bb) Others 404 904

(b) Current Accounts 307,670 220,057

(c) Others (to be specified) - -

3 Money at Call and Short Notice

(a) With Banks - -

(b) With other Institutions - -


TOTAL 641,729 466,622

Balances with non-scheduled banks

included in 2 and 3 above


FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE

ADVANCES AND OTHER ASSETS


(Rs.’000). (Rs.’000).

ADVANCES

1 Reserve deposits with ceding companies - -

2 Application money for investments - -

3 Prepayments 32,165 37,664

4 Advances to Directors/Officers - -

5 Advance tax paid and taxes deducted at

source (Net of provision for taxation)

17,965 22,078

6 Others

Advance to Employees 1,479 798

Advance to Suppliers 10,269 14,171

Claims Recoverable 13,452 9,805

TOTAL (A) 75,330 84,516

OTHER ASSETS

1 Income accrued on investments 218,304 147,685

2 Outstanding Premiums 134,412 45,381

3 Agents’ Balances 16,072 49,358

4 Foreign Agencies Balances

5 Due from other entities carrying on

insurance business (including reinsurers)

2,438,330 2,221,021

6 Due from subsidiaries/ holding - -

7 Deposit with Reserve Bank of India

[Pursuant to section 7 of Insurance Act,

1938]

- -

8 Others

Salvage and Subrogation 181 96

Deposits for Office Premises 113,349 93,400

Deposit for Office Premises jointly with

Tata AIG Life Insurance Company

Limited

- -

Deposits with Telecom Authorities and

Housing Deposits for employees

3,906 12,334

Earnest Money Deposit 1,450 1,500

Other Deposits 44,245 40,545

Balance due from AIG entities 11,692 30,610

Balance due from Tata AIG Life

Insurance Company Limited

1,303 2,833

Service tax unutilised credit 141,495 139,982

Receivable from Service Providers 9,556 45,593

TOTAL (B) 3,134,295 2,830,338

TOTAL (A+B) 3,209,625 2,914,854


FORM NL-17-CURRENT LIABILITIES SCHEDULE

CURRENT LIABILITIES


(Rs.’000). (Rs.’000).

1 Agents’ Balances 47,194 47,286

2 Balances due to other insurance

companies (including. reinsurers)

443,573 504,156

3 Deposits held on re-insurance ceded - -

4 Premiums received in advance 732,780 463,588

5 Unallocated Premium 139,858 52,582

6 Sundry creditors 446,761 334,113

7 Due to subsidiaries/ holding

company

8 Claims Outstanding 4,312,193 2,771,110

9 Due to Officers/ Directors

10 Others (to be specified)

Due to AIG entities - 50,294

Deposit from Service Providers 43,398 25,721

Other Deposits Accepted 7,056 4,158

Due to Environment Relief Fund 834 2,542

Due to Solatium Fund 2,602 1,118

Due to Statutory Authorities 29,753 46,482

Payable on purchase of investments 33 28

Service Tax Liability 271 11,021

TOTAL 6,206,306 4,314,199


FORM NL-18-PROVISIONS SCHEDULE

PROVISIONS


(Rs.’000). (Rs.’000).

1 Reserve for Unexpired Risk 2,942,746 3,040,000

2 For taxation (less advance tax paid and

taxes deducted at source)

81,340 174,550

3 For proposed dividends - -

4 For dividend distribution tax - -

5 Others (for unrealised cheques) 2,922 -

6 Reserve for Premium Deficiency - -

TOTAL 3,027,008 3,214,550


FORM NL-19 MISC EXPENDITURE SCHEDULE

MISCELLANEOUS EXPENDITURE

(To the extent not written off or adjusted)


(Rs.’000). (Rs.’000).

1 Discount Allowed in issue of shares/

debentures

- -


TOTAL - -


FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE

Format of Receipts and Payments A/c for the year ended March 31, 2010

(Rs in '000's)

Cash Flows from the operating activities:

Premium received from policyholders, including advance receipts 10,567,022

Other receipts 573

Payments to the re-insurers, net of commissions and claims (1,995,903)

Payments to co-insurers, net of claims recovery (231,621)

Payments of claims (3,686,797)

Payments of commission and brokerage (575,245)

Payments of other operating expenses (2,611,437)

Preliminary and pre-operative expenses

Deposits, advances and staff loans 6,585

Income taxes paid (Net) (93,983)

Service tax paid (584,451)

Other payments

Cash flows before extraordinary items 794,741

Cash flow from extraordinary operations

Net cash flow from operating activities 794,741

Cash flows from investing activities:

Purchase of fixed assets (60,000)

Proceeds from sale of fixed assets 8,126

Purchases of investments (93,663,663)

Loans disbursed

Sales of investments 92,529,240

Repayments received

Rents/Interests/ Dividends received 571,564

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

Expenses related to investments

Net cash flow from investing activities (614,733)

Cash flows from financing activities:

Proceeds from issuance of share capital -

Proceeds from borrowing

Repayments of borrowing

Interest/dividends paid

Net cash flow from financing activities -

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

Net increase in cash and cash equivalents: 180,008

Cash and cash equivalents at the beginning of the year 466,622

Cash and cash equivalents at the end of the year 646,630

____________________________________________________________________________________________

NL-21-Liab IRDA Periodic Disclosures

FORM NL-21 Statement of Liabilities

Insurer: TATA AIG General Insurance Company Ltd Date:

(Rs in Lakhs)

Sl.No. ParticularReserves for

unexpired risks

Reserve for

Outstanding ClaimsIBNR Reserves Total Reserves

Reserves for

unexpired risks

Reserve for

Outstanding ClaimsIBNR Reserves Total Reserves

1 Fire 1,599 1,019 345 2,963 1,843 394 265 2,502

2 Marine

a Marine Cargo 3,224 2,812 1,299 7,335 2,945 2,053 927 5,926

b Marine Hull - - - - - - - -

3 Miscellaneous

a Motor 10,380 6,879 2,066 19,325 10,816 5,837 1,322 17,976

b Engineering 97 303 271 671 58 166 85 309

c Aviation - - - - - - - -

d Liabilities 4,633 2,986 2,461 10,080 4,115 678 965 5,758

e Others 675 293 166 1,135 586 63 39 689

4 Health Insurance 5,265 2,633 1,891 9,789 8,859 2,414 1,554 12,827

5 Total Liabilities 25,874 16,925 8,499 51,298 29,223 11,606 5,158 45,986

Note Figures Excluding Motor Pool

As At March 31, 2009

PERIODIC DISCLOSURES

31.03.2010

As At March 31, 2010

Statement of Liabilities

FORM NL-23 Reinsurance Risk Concentration

Insurer: TATA AIG GENERAL INSURANCE COMPANY LIMITED Date:

(Rs in Lakhs)

S.No. Reinsurance Placements

Proportional Non-Proportional

Facultative

1 No. of Reinsurers with rating of AAA and above 3 313 28 15 0.91%2 No. of Reinsurers with rating AA but less than AAA 3 2,193 1,445 115 9.58%3 No. of Reinsurers with rating A but less than AA 40 6,357 4,031 6,890 44.11%4 No. of Reinsurers with rating BBB but less than A 5 15,889 1,536 355 45.40%5 No. of Reinsurres with rating less than BBB - - - - 0.00%6 Total 51 24,751 7,041 7,373 100.00%

Premium ceded to

reinsurers / Total

reinsurance premium

ceded (%)


31-Mar-10

Reinsurance Risk Concentration

No. of reinsurer

s

Premium ceded to reinsurers

Insurer: TATA AIG General Insurance Company Limited Date:

No. of claims only

Sl. No. Claims Experience Fire Marine Cargo

Marine Hull

Engineering Motor OD Motor

TP Health Overseas Travel

Personal Accident Liability Crop Credit Miscella

neous Total

1 Claims O/S at the beginning of the period 800 1,903 - 88 2,283 3,771 - 1,266 899 115 - - 1,290 12,415 2 Claims reported during the period 1,645 3,158 - 181 15,112 799 - 3,153 2,069 149 - - 2,380 28,646 3 Claims Settled during the period 1,590 3,050 - 135 15,025 744 - 2,953 1,866 114 - - 1,810 27,287 4 Claims Repudiated during the period 119 142 - 5 192 14 - 290 224 3 - - 114 1,103 5 Claims closed during the period6 Claims O/S at End of the period 736 1,869 - 129 2,178 3,812 - 1,176 878 147 - - 1,746 12,671

Less than 3months 439 1,099 - 82 1,723 609 - 995 647 54 - - 1,122 6,770 3 months to 6 months 122 298 - 19 181 554 - 117 103 24 - - 380 1,798 6months to 1 year 107 231 - 20 96 886 - 44 39 37 - - 243 1,703 1year and above 68 241 - 8 178 1,763 - 20 89 32 - - 1 2,400

Sl. No. Claims Experience Fire Marine Cargo

Marine Hull

Engineering Motor OD Motor

TP Health Overseas Travel

Personal Accident Liability Crop Credit Miscella

neous Total

1 Claims O/S at the beginning of the period 811 1,707 - 83 2,529 3,265 - 1,391 720 82 - - 229 10,817 2 Claims reported during the period 6,482 12,523 - 427 57,297 3,037 - 13,217 7,640 442 - - 6,217 107,282 3 Claims Settled during the period 6,045 11,721 - 355 56,980 2,431 - 12,281 6,578 346 - - 4,337 101,074 4 Claims Repudiated during the period 512 640 - 26 668 59 - 1,151 904 31 - - 363 4,354 5 Claims closed during the period6 Claims O/S at End of the period 736 1,869 - 129 2,178 3,812 - 1,176 878 147 - - 1,746 12,671

Less than 3months 439 1,099 - 82 1,723 609 - 995 647 54 - - 1,122 6,770 3 months to 6 months 122 298 - 19 181 554 - 117 103 24 - - 380 1,798 6months to 1 year 107 231 - 20 96 886 - 44 39 37 - - 243 1,703 1year and above 68 241 - 8 178 1,763 - 20 89 32 - - 1 2,400

Year Ended March 31, 2010

PERIODIC DISCLOSURESFORM NL-25

31-Mar-2010

Quarter Ended March 31, 2010

NL-27-Off Op IRDA Periodic Disclosures

FORM NL-27 Offices information for Non-Life

Insurer: Tata AIG General Insurance Co Ltd Date: 31.03.2010

Sl. No.

1

2

3

Out of approvals of

previous year

4

Out of approvals of this

year

5

6

7

8

9

No. of branches approved but not opend

No. of rural branches

No. of urban branches 48

1

48

No. of offices at the beginning of the year

No. of branches approved during the year

No. of branches closed during the year

No of branches at the end of the year

No. of branches opened

during the year

1


Number

48

Office Information

FORM NL-28-STATEMENT OF ASSETS - 3B

Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108

Statement as on: 31-Mar-2010

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

(Business within India) Rs. In Lakhs

Periodicity of Submission: Quarterly

No PARTICULARS SCH AMOUNT

1 Investments 8 85,597

2 Loans 9 -

3 Fixed Assets 10 2,933

4 Current Assets -

a. Cash & Bank Balance 11 6,417

b. Advances & Other Assets 12 32,096

5 Current Liabilities -

a. Current Liabilities 13 62,063

b. Provisions 14 30,270

c. Misc. Exp not Written Off 15 -

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

Application of Funds as per Balance Sheet (A) 34,710

Less: Other Assets SCH Amount

1 Loans (if any) 9 -

2 Fixed Assets (if any) 10 2,933

3 Cash & Bank Balance (if any) 11 6,417

4 Advances & Other Assets (if any) 12 32,096

5 Current Liabilities 13 62,063

6 Provisions 14 30,270

7 Misc. Exp not Written Off 15 -

8 Debit Balance of P&L A/c -

TOTAL (B) (50,887)

'Investment Assets' As per FORM 3B (A-B) 85,597

Balance FRSM

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

1 Not less than

20%

2Not less than

30%- 15,033.37 24025.43 39,058.80 45.63% 39,058.80 37,600.50

3 Not less than

5%- 4,430.20 7080.08 11,510.28 13.45% 11,510.28 11,587.39

4 Approved Investments

a) Infra Structure and Social Sector

(i) Infra Structure - 8,374.38 13383.44 21,757.82 25.42% 21,757.82 22,215.20

(ii) Social Sector -

b)

(i) Others governed by Exposure Norms - 5,028.80 8036.74 13,065.54 15.26% (1,106.75) 11,958.78 13,070.23

(ii) Out of above 55% Amount Invested in Other investment shall not

exceed 25% - 78.71 125.78 204.49 0.24% 204.49 208.20

TOTAL

INVESTMENT

100% - 32,945.46 52,651.47 85,596.93 100.00% (1,106.75) 84,490.18 84,681.52

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: Signature:

Full name:

Designation:

MARKET

VALUE

Central Government Securities

Government Securities or Other Guaranteed Securities (including the 1 above)

Housing and Loans to SG for Housing and Fire Fighting Equipments

PHTOTAL

(SH+PH)% ACTUAL FVC Amount TotalNo. Investment Represented as %

SH

Not less than

10%

Not exceeding

55%

NL-29-Debt Sec IRDA Periodic Disclosures

FORM NL-29 Detail regarding debt securities


(Rs in Lakhs)

As at March 31,

2010

as % of total for

this class

As at March 31,

2009

as % of total for

this class

As at March 31,

2010

as % of total for

this class

As at March 31,

2009

as % of total for

this classBreak down by credit

rating

AAA rated 35,771 49% 29,826 47% 35,231 47% 29,455 46%

AA or better - 0% 1,954 3% - 0% 2,000 3%

Rated below AA but above A 208 0% 201 0% 204 0% 206 0%

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

Any other 37,601 51% 31,848 50% 39,059 52% 32,003 50%

BREAKDOWN BY

RESIDUALMATURITY

Up to 1 year 2,019 3% 16,984 27% 1,992 3% 16,914 27%

more than 1 yearand upto

3years 21,374 29% 19,385 30% 20,765 28% 18,958 30%

More than 3years and up to

7years 47,778 65% 24,482 38% 49,111 66% 24,658 39%

More than 7 years and up to

10 years 2,409 3% 2,978 5% 2,627 4% 3,134 5%

above 10 years 0% - 0% - 0%

Breakdown by type of the

issurer

a. Central Government 37,601 51% 31,848 50% 39,059 52% 32,003 50%

b. State Government - 0% - 0% - 0% - 0%

c.Corporate Securities 35,979 49% 31,981 50% 35,436 48% 31,661 50%


MARKET VALUE Book Value

Detail Regarding debt securities

NL-30-Ana Rat IRDA Periodic Disclosures

FORM NL-30 Analytical Ratios

Insurer: Tata AIG General Insurance Co. Ltd. Date: 31-Mar-10

(Rs in Lakhs)

Sl.No. ParticularYear Ended March

31, 2010Fire Marine Miscellaneous

Year Ended March

31, 2009Fire Marine Miscellaneous

1 Gross Premium Growth Rate 1.55% -3.09% 2.94% 2.43% 9.46% 22.26% 13.33% 6.19%

2 Gross Premium to shareholders' fund ratio 272.19% 285.86%

3 Growth rate of shareholders'fund 6.65% 27.46%

4 Net Retention Ratio 59.69% 11.13% 56.01% 71.34% 61.40% 14.02% 52.68% 74.22%

5 Net Commission Ratio 3.84% -109.18% 2.29% 8.05% 3.37% -110.68% -1.19% 9.09%

6 Expense of Management to Gross Direct Premium Ratio 29.30% 7.95% 21.98% 35.86% 32.63% 10.58% 23.44% 40.07%

7 Combined Ratio 74.16% 48.15% 92.28% 77.09% 76.55% 70.83% 107.89% 72.79%

8 Technical Reserves to net premium ratio 125.08% 167.77% 113.76% 125.04% 98.91% 108.95% 100.60% 98.26%

9 Underwriting balance ratio -13.57% 100.43% -18.81% -16.93% -9.73% 82.33% -38.76% -10.53%

10 Operationg Profit Ratio -2.62% 123.63% -10.91% -6.02% -1.41% 99.26% -31.88% -2.43%

11 Liquid Assets to liabilities ratio 10.34% 10.81%

12 Net earning ratio 1.15% 0.72%

13 return on net worth ratio 1.88% 1.27%

14Available Solvency argin Ratio to Required Solvency

Margin Ratio

15 NPA Ratio

Gross NPA Ratio

Net NPA Ratio

1 (a) No. of shares 300,000,000 300,000,000

2 (b) Percentage of shareholding (Indian / Foreign) 74% 74%

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)0.22 0.16

5(b) Basic and diluted EPS after extraordinary items (net of

tax expense) for the period (not to be annualized)0.22 0.16

6 (iv) Book value per share (Rs) 10 10


Analytical Ratios for Non-Life companies

Equity Holding Pattern for Non-Life Insurers

Page 23 of 27

NL-31-Rel Par IRDA Periodic Disclosures


(Rs in Lakhs)

2009-10 2008-09

1Infiniti Retail Limited (formerly Value

Electronics Limited)Fellow Subsidiary Receiving of Services 9 22

2Tata AIG Life Insurance Company

Limited Fellow Subsidiary Receiving of Services 211 357

3Tata Business Support Services


4 Tata Consultancy Services Limited Fellow Subsidiary Receiving of Services 200 546

5Tata Teleservices (Maharashtra)


6 Tata Teleservices Limited Fellow Subsidiary Receiving of Services 31 74

7TC Travel And Services Limited

(W.E.F. 15.10.08)Fellow Subsidiary Receiving of Services 57 33

8 Tata Sons Ltd Holding Company Receiving of Services - 1


Limited Fellow Subsidiary Services Provided 84 206

1021st Century Infra Tele Limited

(W.E.F. 01.07.08)Fellow Subsidiary Premium Income 0 -

11 CMC Limited Fellow Subsidiary Premium Income 1 2

12Computational Research Laboratories

Limited Fellow Subsidiary Premium Income 12 23

13Concept Marketing and Advertising

LimitedFellow Subsidiary Premium Income 0 0

14 Ewart Investments Limited Fellow Subsidiary Premium Income 1 -


Electronics Limited)Fellow Subsidiary Premium Income 465 16

16TRIL Roads Private Limited (formerly

Navinya Buildcon Private Limited)Fellow Subsidiary Premium Income

0 -

17Nova Integrated Systems Limited


18Tata Advanced Systems Limited




20 Tata Asset Management Limited Fellow Subsidiary Premium Income 46 2



22Tata Capital Housing Finance Limited


23 Tata Capital Limited Fellow Subsidiary Premium Income 13 6

24 Tata Capital Markets Limited Fellow Subsidiary Premium Income 0 -

25 Tata Consultancy Services Limited Fellow Subsidiary Premium Income 647 469

26Tata Housing Development Company

Limited (formerly THDC Limited)Fellow Subsidiary Premium Income

7 -

27 Tata Internet Services Limited Fellow Subsidiary Premium Income 2 2

28 Tata Limited Fellow Subsidiary Premium Income 60 -

29 Tata Petrodyne Limited Fellow Subsidiary Premium Income 1 1

30 Tata Realty and Infrastructure Limited Fellow Subsidiary Premium Income 5 3

31 Tata Securities Limited Fellow Subsidiary Premium Income 2 2

32 Tata Sky Limited Fellow Subsidiary Premium Income 6 0

33 Tata Sons Limited Holding Company Premium Income 130 9


Limited Fellow Subsidiary Premium Income 0 -

35 Tata Teleservices Limited Fellow Subsidiary Premium Income 95 48



37

Tata Consulting Engineers Limited

(formerly TCE Consulting Engineers

Limited)

Fellow Subsidiary Premium Income2 1

38

TCS e-Serve Limited (Formerly

Citigroup Global Services Limited)

(w.e.f. 31.12.08 )

Fellow Subsidiary Premium Income1 -

39 Wireless TT Info Services Limited Fellow Subsidiary Premium Income 1 -

40 C-Edge Technologies Ltd. Fellow Subsidiary Premium Income - 0

41 TRIF Investment Management Limited Fellow Subsidiary Premium Income - 19


Electronics Limited)Fellow Subsidiary Claims Paid 22 0


Limited Fellow Subsidiary Claims Paid 13 76

44 Tata Asset Management Limited Fellow Subsidiary Claims Paid 10 -


Limited Fellow Subsidiary Claims Paid 1 1

46Tata Capital Limited (formerly Primal

Investment and Finance Limited)Fellow Subsidiary Claims Paid

1 -

47 Tata Consultancy Services Limited Fellow Subsidiary Claims Paid 24 13

48Tata Housing Development Company

Limited (formerly THDC Limited)Fellow Subsidiary Claims Paid

0 -

49 Tata Limited Fellow Subsidiary Claims Paid 2 -

50 Tata Realty and Infrastructure Limited Fellow Subsidiary Claims Paid 1 -

51 Tata Securities Limited Fellow Subsidiary Claims Paid 0 0

52 Tata Sky Limited Fellow Subsidiary Claims Paid 1 -

53 Tata Sons Limited Holding Company Claims Paid 1 1

54 Tata Teleservices Limited Fellow Subsidiary Claims Paid 43 25


(W.E.F. 15.10.08)Fellow Subsidiary Claims Paid 2 -

56 Wireless TT Info Services Limited Fellow Subsidiary Claims Paid 9 -


Limited Fellow Subsidiary

Amount due to the

entity 69 -

58 Tata Consultancy Services Limited Fellow SubsidiaryAmount due to the

entity 31 43

59 Tata Sky Limited Fellow SubsidiaryAmount due to the

entity 3 -

60 Tata Teleservices Limited Fellow SubsidiaryAmount due to the

entity 5 0

61Infiniti Retail Limited (Formerly Value

Electronics Limited)Fellow Subsidiary

Amount due to the

entity - 0


LimitedFellow Subsidiary

Amount due to the

entity - 11

63TC Travel& Services Limited (W.E.F.

15.10.08)Fellow Subsidiary

Amount due to the

entity - 4


Limited Fellow Subsidiary

Amount due from the

entity 13 17

65 Tata Sons Ltd Holding CompanyIssue of equity share

capital - 5,550

66AIG Memsa Holding Inc. (Now known

as Chartis Memsa Holding Inc.)

Company having

Substantial Interest

Issue of equity share

capital- 1,950

67 Mr. Gaurav GargKey Management

Personnel Remuneration Paid 166 151

PERIODIC DISCLOSURESFORM NL-31

Related Party Transactions

Sl.No. Name of the Related PartyNature of Relationship

with the Company

Description of

Transactions /

Categories

Consideration paid / received

FORM NL-35-NON PERFORMING ASSETS-7A

Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108

Statement as on:31-Mar-10

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.

NIL

Name of the Fund

COI Company NameInstrument

Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Default

Interest (Book

Value)

Principal

Due from

Interest Due

from

Deferred

Principal

Deferred

InterestProvision (Rs)

Rolled

Over?

Has there been any Principal

Waiver?

ClassificationProvision

(%)

FORM NL-36-YIELD ON INVESTMENTS 1

COMPANY NAME: Tata AIG General Insurance Company Limited

CODE : 108

STATEMENT AS ON : 31/03/2010

STATEMENT OF INVESTMENT AND INCOME ON INVESTMENT

PERIODICITY OF SUBMISSION : QUARTERLY Rs. In Lakhs

INVESTMENTINCOME

GROSS

YIELD

NET

YIELD

INVESTMENTINCOME

GROSS

YIELD

NET

YIELD

INVESTMENTINCOME

GROSS

YIELD

NET

YIELD

A. CENTRAL GOVERNMENT SECURITIES

A01 Central Government Bonds CGSB 33,969.89 572.76 6.52% 6.52% 33,969.89 2,171.88 6.52% 6.52% 16,456.21 1,238.40 6.20% 6.20%

A02 Special Deposits CSPD - - - -

A03 Deposit under Section 7 of Insurance Act, 1938 CDSS 1,516.57 25.26 6.56% 6.56% 1,516.57 100.71 6.56% 6.56% 1,538.31 100.73 6.60% 6.60%

A04 Treasury Bills CTRB - - 2.85% 2.85% - 8.61 2.85% 2.85% 0.00 67.82 6.89% 6.89%

-

B. GOVERNMENT SECURITIES/ OTHER APPROVED SECURITIES -

B01 Central Government Guaranteed Loans / Bonds CGSL 3,572.34 60.83 6.86% 6.86% 3,572.34 702.35 6.86% 6.86% 14,008.63 1,378.14 7.21% 7.21%

B02 State Government Bonds SGGB - - - - -

B03 State Government Guaranteed Loans SGGL - - - - -

B04 Other Approved Securities ( ex.infrastrtucture investments)SGOA - - - - -

B05 Guaranteed Equity SGGE - - - - -

- -

- -

C. HOUSING SECTOR INVESTMENTS - -

C01 Loans to State Government for Housing HLSH - - - - -

C02 Loans to State Government for Fire fighting equipment HLSF - - - - -

C03 Term Loan -Hudco/NHB/Institutions accredited by NHB HTLH - - - - -

C04 CP-NHB/Institutions accredited by NHB HTLN - - - - -

C05 Housing - Securitised Assets HMBS - - - - -

C06 Debentures / Bonds / CPs/Loans -Promoter group HDPG - - - - -

Taxable Bonds - -

C06 Bonds / Debentures issued by Hudco HTHD - - - - -

C07 Bonds / Debentures issued by NHB/Inst acc by NHB HTDN - - - - -

C08 Bonds/Deb isued by authority approved by Govt HTDA 11,510.28 281.72 8.30% 8.30% 11,510.28 935.96 8.30% 8.30% 6,936.12 737.75 9.25% 9.25%

Tax Free Bonds - -

C09 Bonds / Debentures issued by Hudco HFHD - - - - -

C10 Bonds / Debentures issued by NHB/Inst acc by NHB HFDN - - - - -

C11 Bonds/Deb isued by authority approved by Govt HFDA - - - - -

- -

D. INFRASTRUCTURE INVESTMENTS - -

D01 Infrastructure - Other Approved securities ISAS - - - - -

D02 Infrastructure - PSU- Equity Shares - Quoted ITPE - - - - -

D03 Infrastructure - Corporate Securities- Equity Shares - Qutd ITCE - - - - -

D04 Infrastructure - Equity and equity related instr.-Promoter IEPG - - - - -

D05 Infrastructure - Securitised Assets IESA - - - - -

D06 Infrastructure - Debentures / Bonds/ CPs/-Promoter IDPG - - - - -

Taxable Bonds - -

D07 Infrastructure - PSU- Debentures / Bonds IPTD 21,261.24 441.93 8.95% 8.95% 21,261.24 1,986.56 8.95% 8.95% 15,481.92 1,145.17 9.66% 9.66%

D08 Infrastructure - PSU- CPs IPCP - - - -

D09 Infrastructure - Other Corporate sec- Deb / Bonds ICTD 496.57 141.49 9.64% 9.64% 496.57 644.23 9.64% 9.64% 7,036.81 569.07 0.09 9.43%

D10 Infrastructure - Other Corporate sec- CPs ICCP - - - - -

D11 Infrastructure - Term Loans with charge ILWC - - - - -

Tax Free Bonds - -

D12 Infrastructure - PSU- Debentures / Bonds IPFD - - - - -

D13 Infrastructure - Other Corporate sec- Deb / Bonds ICFD - - - - -

E. INVESTMENT SUBJECT TO EXPOSURE NORMS - -

YEAR TO DATE 3/31/2009

NO. CATEGORY OF INVESTMENTCAT

CODE

CURRENT QUARTER

E01 PSU -Eq Shares quoted EAEQ 1,592.13 9.95 6.97% 6.97% 1,592.13 157.61 6.97% 6.97% 335.61 7.77 7.80% 7.80%

E02 Corp Sec -Eq Shares quoted EACE 4,514.74 8.93 6.97% 6.97% 4,514.74 419.96 6.97% 6.97% 971.97 65.37 7.80% 7.80%

E03 Eq.Sh-Co.incorporated outside india prior to IRDA reg EFES - - - - -

E04 Eq.Sh incl.equity related instru. - Promoter group EEPG - - - - -

E05 Corporate Sec- Bonds - Taxable EPBT 1,963.31 34.10 8.24% 8.24% 1,963.31 86.14 8.24% 8.24% 2,000.00 228.03 0.08 8.22%

E06 Corporate Sec- Bonds - Tax free EPBF - - - - - 0.99 7.80% 7.80%

E07 Corporate Sec- Preference Shares EPNQ - - - - -

E08 Corporate Sec- Inv in subsidiaries ECIS - - - - -

E09 Corporate Sec- Debentures ECOS - - - - -

E10 Corporate Sec- Debentures/Bonds/CPs/Loan-Promoter EDPG - - - - -

E11 Corporate Sec- Derivative Instruments ECDI - - - - -

E12 Inv.Properties - Immovable EINP - - - - -

E13 Loans - Policy Loans ELPL - - - - -

E14 Loans - Sec loans - Property Mortgage term loan in India ELMI - - - - -

E15 Loans - Sec loans - Property Mortgage term loan o/India ELMO - - - - -

E16 Deposit -with Sch bk,Fis,CCIL,RBI ECDB - - - - -

E17 Deposit -CDs with Sch bk EDCD (0.00) - 7.64% 7.64% (0.00) 289.47 7.64% 7.64% 6,185.30 258.19 8.00% 8.00%

E18 Deposit - Repo / Reverse Repo ECMR 4,995.36 27.16 4.14% 4.14% 4,995.36 98.51 4.14% 4.14% 0.00 235.13 5.10% 5.10%

E19 Deposit with PDs duly recognised by RBI EDPD - - - - -

E20 CCIL-CBLO ECBO - - - - -

E21 Commercial Papers ECCP - - - - (0.00) 100.49 0.12 12.21%

E22 Application Money ECAM - - - - -

E23 Perpetual Debt Tier I & II - PSU Banks EUPD - - - - -

E24 Perpetual Debt Tier I & II - NON-PSU Banks EPPD - - - - -

E25 - - - - -

E26 - - - - -

E27 Foreign Debt Sec prior to IRDA reg EFDS - - - - -

E28 MF - Gilt / Gsec / Liquid EGMF - - - - -

E29 MF - Promoters group EMPG - - - - -

E30 Net Current Assets ( ULIP Only ) ENCA - - - - -

F. OTHER INVESTMENTS - -

F01 Bonds - PSU - Taxable OBPT 204.49 - 8.57% 8.57% 204.49 13.68 8.57% 8.57% 206.50 17.50 8.51% 8.51%

F02 Bonds - PSU - Tax Free OBPF - - - -

F03 Eq.Shares OESH - - 6.97% 6.97% - 60.57 6.97% 6.97% 285.92 10.09 7.80% 7.80%

F04 Eq.Shares ( PSU and unlisted) OEPU - - - - -

F05 Eq.Sh incl.equity related instru. - Promoter group OEPG - - - - -

F06 Debentures OLDB - - - - -

F07 Debentures / Bonds / CPs / Loans - Promoter ODPG - - - - -

F08 Commercial Papers OACP - - - - -

F09 Preference Shares OPSH - - - - -

F10 Venture Fund OVNF - - - - -

F11 Short Term Loans - Unsecured Deposits OSLU - - - - -

F12 Term Loans OTLW - - - - -

F13 MF - Debt / Income / Liq OMGS - - - - 2.03 7.80% 7.80%

F14 MF - Under Promoters group OMPG - - - - -

F15 Derivative Instruments OCDI - - - - -

F16 Securitised Assets OPSA - - - - -

F17 Investment properties - Immovable OIPI - - - - -

Total 85,596.93 1,604.12 85,596.93 7,676.24 71,443.29 6,162.68

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 :15/06/2010

Note: Previous years figures are linked to the old FORM 1 as submitted last year

Curr.Qtr Investment Fig is of date while curr.qtr income is for the period from Jan10- Mar10

FORM NL-37-DOWN GRADING OF INVESTMENT-2

COMPANY NAME: Tata AIG General Insurance Company Limited

CODE : 108

STATEMENT AS ON : 31/03/2010

STATEMENT OF DOWN GRADED INVESTMENTS

PERIODICITY OF SUBMISSION : QUARTERLY Rs. In Lakhs

NO PARTICULARS OF INVESTMENTCAT

CODE

AMOUNT (AS

PER BALANCE

SHEET)

DATE OF

PURCHASE

RATING

AGENCY

ORIGINAL

GRADECURRENT GRADE

DATE OF

DOWNGRADEREMARKS

A. DURING THE QUARTER :

B. AS ON DATE :

1 9.75% HUDCO Bonds 2012 OBPT 204.49 8/29/2002 CRISIL AA+ AA- 6/1/2003 Downgrade

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

NIL

FORM NL-39 Rural & Social Obligations


(Rs in Lakhs)

Sl.No. Line of Business Particular No. of Policies Issued Premium Collected Sum Assured

Rural 779 721

Social

Rural 268 551

Social

Rural - -

Social

Rural 76,186 2,602

Social

Rural 20 31

Social

Rural 421 23

Social

Rural 183 224

Social

Rural

Social

Rural 5,209 425

Social 90 13

Rural 3,467 1,540

Social

Rural 8,999 421

Social

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


Rural & Social Obligations

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*

Documents

FORM NL-1-B-RA IRDA Registration No. 108, dated · PDF fileFORM NL-1-B-RA Name of the Insurer: Tata AIG General Insurance Company Limited IRDA Registration No. 108, dated January 22,