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ANNUAL REPORT 2011-12

STATEMENT 43
COMPANY WISE NUMBER OF MICRO INSURANCE AGENTS
As on 1st April,
2011

Additions during
2011-12

AEGON RELIGARE

AVIVA

210

210

BIRLA SUNLIFE

33

75

18

90

CANARA HSBC

DLF PRAMERICA

EDELWEISS TOKIO

FUTURE GENERALI

HDFC STANDARD

47

11

58

ICICI PRUDENTIAL

IDBI FEDERAL

INDIAFIRST

ING VYSYA

KOTAK MAHINDRA

MAX LIFE

METLIFE

12

RELIANCE

SAHARA

15

15

SBI LIFE

Life Insurer

BAJAJ ALLIANZ
BHARTI AXA

SHRIRAM LIFE
STAR UNION DAI-ICHI

Deletions during As on 31st March,


2011-12
2012

421

421

TATA AIA

443

29

29

443

PRIVATE TOTAL

758

541

48

1251

9724

2910

1088

11546

10482

3451

1136

12797

LIC
INDUSTRY TOTAL

194

STATEMENT 44

GROSS DIRECT PREMIUM OF NON-LIFE INSURERS (WITHIN & OUTSIDE INDIA)


(` Crore)
INSURER
BAJAJ ALLIANZ

NATIONAL
NEW INDIA
ORIENTAL
UNITED
PUBLIC SECTOR
TOTAL
AIC
ECGC
APOLLO MUNICH
MAX BUPA
STAR HEALTH

2001-02

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10

2010-11

2011-12

141.96

296.48

476.53

851.62

1272.29

1786.34

2379.92

2619.29

2482.33

2869.96

3286.62

5.83

1.07
0.24

7.14
2227.73
3493.05
2247.10
2524.00
10491.88

10499.02

28.13
70.51

77.46
71.13

78.46

467.65
(6453.98)
2439.41
4198.06
2498.64
2781.48
11917.59
(13.59)
12385.24
(17.97)

338.52

14.79

9.49
211.66
213.33

185.68
184.44

233.93

1349.80
(188.64)
2869.87
4812.79
2868.15
2969.63
13520.44
(13.45)
14870.25
(20.06)

374.78

97.05

112.95
486.73
322.24

161.06
257.76

343.52

2257.83
(67.27)
3399.97
4921.47
2899.74
3063.47
14284.65
(5.65)
16542.49
(11.25)
369.21
445.48

169.25

175.63
873.86
496.64

161.68
330.70

448.24

3507.62
(55.35)
3810.65
5103.16
3090.55
2944.46
14948.82
(4.65)
18456.45
(11.57)
549.72
515.55

220.18

200.94
1582.86
892.72

162.33
458.64

572.70

5362.66
(52.89)
3536.34
5675.54
3609.77
3154.78
15976.44
(6.87)
21339.10
(15.62)
555.83
577.33

311.73

194.00
2989.07
1144.47

912.23
598.20

710.55

8646.57
(61.24)
3827.12
5936.78
4020.78
3498.77
17283.45
(8.18)
25930.02
(21.51)
564.67
617.66

522.34
9.81
220.60
3307.12
1128.15

1946.42
694.41

782.64
0.48
10991.89
(27.12)
4021.97
6151.97
3900.22
3739.56
17813.71
(3.07)
28805.60
(11.09)
835.11
668.37
2.97

28.50
685.44
186.49
339.21
3402.04
1374.06

1914.88
803.36

113.76
823.92
30.14
12321.09
(12.09)
4295.85
6455.79
4077.89
4277.77
19107.31
(7.26)
31428.40
(9.11)
833.44
744.68
48.14

310.82
784.85
376.61
915.40
3295.06
1457.84

1.32
1979.65
913.11

416.93
853.80
189.28
13977.00
(13.44)
4645.99
7099.14
4854.67
5239.05
21838.85
(14.30)
35815.85
(13.96)
1520.40
813.00
114.66
0.13

553.90
967.99
600.16
1279.91
4251.87
1783.18
17.24
4.90
1655.43
1143.99
43.02
780.89
1173.09
299.10
17424.63
(24.67)
6245.17
8225.51
5569.88
6376.66
26417.21
(20.96)
43841.84
(22.41)
1950.05
885.47
282.69
25.53

884.00
1346.54
919.76
1839.46
5150.14
1975.24
143.40
14.79
1712.55
1479.79
250.14
1266.44
1641.57
404.58
22315.03
(28.07)
7815.69
10073.88
6194.60
8179.29
32263.46
(22.13)
54578.49
(24.49)
2576.85
1004.83
475.64
99.08

22.51

168.19

509.86

961.65

1227.55

1085.06

Note: Figures in the bracket represents the growth over the previous year in per cent.
represents business not started.

ANNUAL REPORT 2011-12

195

BHARTI AXA
CHOLAMANDALAM
FUTURE GENERALI
HDFC ERGO
ICICI LOMBARD
IFFCO TOKIO
L&T GENERAL
RAHEJA QBE
RELIANCE
ROYAL SUNDARAM
SBI GENERAL
SHRIRAM
TATA AIG
UNIVERSAL SOMPO
PRIVATE SECTOR

2000-01

STATEMENT 45

SEGMENT WISE GROSS DIRECT PREMIUM INCOME OF NON-LIFE INSURERS (WITHIN INDIA)
(` Lakh)

Insurer/
Segments
BAJAJ ALLIANZ

Fire

Marine

2010-11

2011-12

2010-11

Motor

Health

2011-12

2010-11

2011-12

2010-11

Others

TOTAL

2011-12

2010-11

2011-12

2010-11

2011-12

28728

7898

8991

171407

195113

33970

42729

47340

53102

286996

328662

3881

4338

1,122

1,711

41,606

62,979

5,278

14,543

3503

4829

55390

88400

CHOLAMANDALAM

5681

7163

4367

5045

62359

88088

14814

22890

9579

11468

96799

134654

FUTURE GENERALI

5912

8407

3072

3953

31933

53486

13331

17599

5768

8531

60016

91976

HDFC ERGO

18017

26754

4842

6090

42070

67104

32873

41150

30190

42849

127991

183946

ICICI LOMBARD

28346

30836

16637

19891

154496

213884

128130

143584

97578

106819

425187

515014

IFFCO TOKIO

18805

17520

12798

13062

96111

111235

17921

16244

32682

39463

178318

197524

L&T GENERAL

246

1331

43

603

1,095

9,400

60

828

281

2178

1724

14340

RAHEJA QBE

25

54

24

34

437

1388

490

1479

10627

11633

2300

4049

107487

113500

25428

22528

19701

19545

165543

171255

ROYAL SUNDARAM

4583

5107

2520

3152

79303

106696

17910

23114

10082

9911

114399

147979

SBI GENERAL

2310

15803

17

184

3,484

12

374

1956

5169

4302

25014

442

776

93

190

76,830

124,747

723

930

78089

126644

15929

19026

15363

18901

42147

76044

11071

13769

32799

36417

117309

164157

5585

7728

597

890

16,344

21,540

2,349

3,574

5035

6727

29910

40458

146770

185202

71673

86714

923219

1247335

303148

362924

297653

349327

1742463

2231503

NATIONAL

57079

68002

30457

34959

276720

361829

168130

207960

89687

106319

622072

779069

NEW INDIA

104926

115081

54956

60642

230338

304039

200337

234917

119157

139607

709714

854287

ORIENTAL

66205

77438

44638

48332

174595

215079

151603

148747

108693

115193

545733

604789

UNITED

80533

97247

50153

56811

212400

295583

171176

223181

123405

145107

637666

817929

PUBLIC TOTAL

308742

357768

180203

200745

894053

1176530

691246

814806

440941

506226

2515185

3056074

GRAND TOTAL

455512

542971

251876

287459

1817272

2423864

994393

1177730

738594

855553

4257647

5287577

RELIANCE

196

SHRIRAM
TATA AIG
UNIVERSAL SOMPO
PRIVATE TOTAL

ANNUAL REPORT 2011-12

26381

BHARTI AXA

5035
2004
11287
11314
1949
1401

IFFCO-TOKIO

TATA AIG

ICICI LOMBARD

BAJAJ ALLIANZ

CHOLAMANDALAM

HDFC ERGO

197
295486

GRAND TOTAL

45291

UNITED
254047

44827

ORIENTAL

PUBLIC TOTAL

121247

NEW INDIA

(22)

L&T GENERAL

42681

(151)

SBI GENERAL

NATIONAL

(94)

RAHEJA QBE

41440

632

BHARTI AXA

PRIVATE TOTAL

218

2244

SHRIRAM

UNIVERSAL SOMPO

967

3075

RELIANCE

FUTURE GENERALI

1581

2010-11

Fire

ROYAL SUNDARAM

Insurer

347559

300376

58441

51432

137897

52606

47183

143

680

49

521

241

2914

1355

2708

2893

13021

11459

1858

5131

3023

1188

2011-12

112683

84351

24521

22697

22899

14234

28333

(24)

(18)

(26)

334

81

525

777

1223

5728

4248

9193

3882

1256

1144

2010-11

135968

99536

26173

25455

30253

17655

36432

172

(19)

430

21

197

1108

1502

1418

6128

5389

13838

4010

987

1244

2011-12

Marine

1527063

789024

175542

155012

231193

227277

738039

91

(78)

10

25609

32552

12245

23053

35225

43502

147636

143004

34086

78403

99436

63264

2010-11

1965856

1002477

225562

184789

294035

298092

963378

3687

2173

113

45030

53702

15359

35779

53592

59031

170298

190185

63851

98012

88021

84545

2011-12

Motor

773829

545725

133453

117915

161242

133115

228103

16

3847

1912

6518

15474

10806

29199

99415

9270

14638

20696

16313

2010-11

946344

680384

192361

129914

197465

160644

265960

402

243

9345

2554

10554

19621

17297

35626

109915

9839

12613

19437

18515

2011-12

Health

SEGMENT WISE NET PREMIUM INCOME (EARNED)

454412

346833

85956

91038

110751

59088

107579

(33)

(7)

(65)

1148

224

2793

1849

7759

5257

21088

27663

18116

11552

4917

5317

2010-11

543033

410068

106186

97717

127809

78356

132965

485

384

625

1136

322

3629

3337

14025

6274

22396

37952

19045

13501

4841

5012

2011-12

Others

3163473

2019980

464763

431490

647332

476395

1143493

28

(253)

(175)

31570

33003

19275

32912

60636

62737

214965

285616

72669

113510

129380

87619

2010-11

3938760

2492842

608724

489306

787459

607353

1445919

4889

3461

794

56463

54286

24654

52133

91447

86913

247468

354900

108432

133268

116309

110503

2011-12

TOTAL

(` Lakh)

STATEMENT 46

ANNUAL REPORT 2011-12

198
0

3
1

ORIENTAL

UNITED INDIA

* Not recorded due to coinsurance

14
70000

GRAND TOTAL

662

STAR HEALTH

MAX BUPA

APOLLO MUNICH

PRIVATE HEALTH
INSURERS

69057

6341

NEW INDIA

PUBLIC TOTAL

62712

NATIONAL

943

UNIVERSAL SOMPO

PRIVATE TOTAL

0
15

SBI GENERAL

TATA AIG

ROYAL SUNDARAM

SHRIRAM

0
8

RELIANCE

L&T GENERAL

RAHEJA QBE

71
134

IFFCO TOKIO

HDFC ERGO

ICICI LOMBARD

FUTURE GENERALI

32

CHOLAMANDALAM MS

BHARTI AXA

165565

75327

1971

45498

15018

12231

2752

15496

120067

3151

4080

1078

427

23839

10194

2197.17

582.66

0.00

29.64

790.78

344.00

175.00

39.55

232.23

1406.39

0.00

40.57

0.00

0.00

59.08

10.46

0.00

0.00

31.54

471.74

11.01

0.00

161.07

8.62

0.00

55552

4121

216

344

39603

14220

6628

5275

13480

15949

165

505

658

31

726

2002

422

529

1311

2447

2463

32150

242

69

621

21589

7000

1394

4937

8258

10561

150

1737

1660

195

1099

2289

634

202

482

494

683

53323

21164

47959

93798

200

6695

110403

108624

7487

5832

4426

51185

582515

42152

91

940027

108482

375099

68355

388091

5987.28 2075881

41.21

22.00

202.36

4176.38

1252.00

753.00

1113.50

1057.88

21719

1977

113

284

2444

334

800

238

1072

19274

130

76

92

340

15398

300

251

25

170

13

105

2500

60920

214143

17739

190

3073

271079

327925

11473

25477

7537

273442

678978

146
423273

34064
1397.76 6048466

273.15

53.00

137.58

620.37 4375485

129.00 1156004

270.00

55.01 1450661

166.36 1089842

18961

526

33

244

13390

3025

3299

4337

2729

5571

61

365

48

3073

286

276

18

41

588

55988

82099

262614

112203

421

10628

383555

436971

19489

32652

14410

327090

285

3288

6274

3126

196

19997

26713

1162

245

10887

515

1376

No. of
No. of
policies Persons
Covered

Total

1242
76432

78073

215

3119

82921

25377

17725

12264

27555

1055.28

99.00

454.12

8020.73

2232.00

1493.00

2223.66

2072.07

5020.29

35.74

50.19

0.00

0.66

231.14

189.34

0.00

8.28

191.31

1448.06

395.78

119.84

228.93

145.43

367.19

Premium

3458.81 8249898 238395 13041.02

158.26 1009923

24.00

84.54

2433.21 5424172

507.00 1278707

295.00 1060708

1015.61 1530632

615.60 1554125

1025.60 2825726 155474

0.63

9.22

0.00

0.00

104.08

7.74

0.00

0.15

17.55

235.70

221.99

4.41

9.78

2.74

144.82

No. of
No. of Premium
policies Persons
Covered

Individual Insurance
excluding Family /Floater
Policies

777.39 1672981

15.74

0.40

0.00

0.00

20.16

58.39

0.00

0.26

6.69

113.17

60.32

4.04

9.22

3.32

21.96

No. of
No. of Premium
policies Persons
Covered

Family/Floater Insurance
excluding Individual
Policies

810.91 1135854

19.37

0.00

0.00

0.66

47.82

112.75

0.00

7.87

135.53

627.45

102.46

111.39

48.86

130.75

200.42

No. of
No. of Premium
policies Persons
Covered

No. of
No. of Premium
policies Persons
Covered

Group Insurance Schemes


excluding Govt Sponsored
Schemes

Government Sponsored
Schemes

BAJAJ ALLIANZ

Insurer

(No. of persons in '000) (Premium in ` Crore)

HEALTH INSURANCE (OTHER THAN TRAVEL-DOMESTIC/OVERSEAS & PERSONAL ACCIDENT):


GROSS PREMIUM AND NUMBER OF PERSONS COVERED (2011-12)

STATEMENT 47

ANNUAL REPORT 2011-12

Contd... STATEMENT 47

0
0
0

L&T GENERAL

RAHEJA QBE

RELIANCE

199

3
3

ORIENTAL

UNITED INDIA

94241

GRAND TOTAL

* Not recorded due to coinsurance.

0
5

STAR HEALTH

164

MAX BUPA

APOLLO MUNICH

PRIVATE HEALTH
INSURERS

93920

2397

PUBLIC TOTAL

91517

NEW INDIA

321

NATIONAL

PRIVATE TOTAL

641

6
0

TATA AIG

UNIVERSAL SOMPO

189067

126933

159

35352

14520

5389

1030

14413

153715

SHRIRAM

2774

16403

179

6626

SBI GENERAL

31

39

IFFCO TOKIO

ROYAL SUNDARAM

46

HDFC ERGO

ICICI LOMBARD

FUTURE GENERALI

24

CHOLAMANDALAM MS

BHARTI AXA

2198.01

888.68

0.00

5.87

584.51

174.95

176.88

32.22

200.46

1613.50

0.00

14.16

0.00

0.00

27.38

0.00

0.00

0.00

60.17

473.53

46.61

0.00

85.71

11.38

0.00

56231

3436

12

235

38661

11246

5888

3976

17551

17570

92

409

814

898

2178

235

762

4437

1321

2741

22618

140

407

17511

5429

2736

3213

6133

5107

81

112

908

1424

934

312

125

264

399

449136

10560

47

774681

70821

333229

53266

317365

962293

41478

16007

58498

115389

8101

122561

70027

4101

2927

3918

59543

16348

1524

27

147

2005

189

746

168

902

14343

103

72

61

19

321

165

16

11795

86

1425

91321

280342

20442

1725

162717

263718

8140

10555

9144

252347

984241

904015

603188

354501

19794

119

993.87 5022729

172.77

13.02

78.18

468.57 3546439

85.00

185.00

47.16 1054995

151.41

25508

441

19

184

12395

3052

3075

3753

2515

13113

91

519

1725

173

238

18

22

9144

536

42995

107334

339280

136645

10763

287502

333986

13003

17943

14383

314631

986085

807078

30366

565

2886.50 6910175

106.89

12.16

49.88

2044.45 4453701

466.81

942308

915.98 1114634

546.24 1410674
115.42

Total

253541

129038

47

897

67263

23190

11945

8164

23963

186278

187

804

3466

908

1744

18320

1516

346

6781

21203

1022

No. of
No. of
policies Persons
Covered

842.05 2456474

0.40

40.33

0.00

0.00

98.89

8.56

0.00

0.00

18.04

179.23

150.41

2.93

20.35

2.98

150.99

No. of
No. of Premium
policies Persons
Covered

Individual Insurance
excluding Family /Floater
Policies

525.30 1476290

9.85

0.18

0.00

0.00

14.36

59.56

0.00

0.00

4.36

116.86

34.55

2.23

2.54

2.32

14.53

No. of
No. of Premium
policies Persons
Covered

Family/Floater Insurance
excluding Individual
Policies

4952.12 1736974

31.35

0.28

132.28

3591.47

985.00

815.28

1008.01

783.18

1360.65

13.20

0.00

0.00

0.00

38.47

149.10

0.00

0.00

94.17

511.68

88.75

91.58

39.54

36.10

134.15

No. of
No. of Premium
policies Persons
Covered

No. of
No. of Premium
policies Persons
Covered

Group Insurance Schemes


excluding Govt Sponsored
Schemes

Government Sponsored
Schemes

BAJAJ ALLIANZ

Insurer

11030.50

1199.69

25.46

266.21

6689.00

1711.76

1292.58

2003.37

1681.29

4341.50

23.45

54.67

179.10

217.22

176.74

1281.30

320.33

96.74

148.14

52.78

299.67

Premium

(No. of persons in '000) (Premium in ` Crore)

HEALTH INSURANCE (OTHER THAN TRAVEL-DOMESTIC/OVERSEAS & PERSONAL ACCIDENT): GROSS PREMIUM
AND NUMBER OF PERSONS COVERED (2010-11)

ANNUAL REPORT 2011-12

200
540

GRAND TOTAL

7729

1712

613

640

459

6018

1123

4895

52.70

44.92

3.06

30.34

11.52

0.00

7.78

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.93

0.00

6.85

0.00

0.00

0.00

0.00

No. of Premium
Persons
Covered

* Not recorded due to coinsurance.

532

PUBLIC TOTAL

UNITED INDIA

16

PRIVATE TOTAL

ORIENTAL

UNIVERSAL SOMPO

TATA AIG

515

STAR HEALTH

NEW INDIA

SHRIRAM GENERAL

NATIONAL

SBI GENERAL

MAX BUPA

L&T GENERAL

ROYAL SUNDARAM

IFFCO TOKIO

ICICI LOMBARD

HDFC ERGO

RELIANCE

FUTURE GENERALI

RAHEJA QBE

0
0

CHOLAMANDALAM MS

BAJAJ ALLIANZ

BHARTI AXA

No. of
policies

Government Sponsored
Schemes

APOLLO MUNICH

Insurer

STATEMENT 48

415328

266145

203363

331

2538

59913

149183

516

50559

9372

185

22948

2776

172

18

10746

2757

34880

1548

5482

2719

4304

200

No. of
policies

111110

83277

78498

551

984

3245

27833

629

9934

600

64

1550

24

303

25

3487

4661

1410

1681

3254

201

759.25

424.88

163.38

111.71

19.05

130.74

334.37

2.54

46.05

9.88

2.32

0.00

19.75

24.27

0.50

0.00

1.79

26.25

51.57

26.58

31.81

45.69

20.84

20.63

3.88

No. of Premium
Persons
Covered

Group Insurance Schemes


excluding Govt Sponsored
Schemes

705168

250850

250850

454318

11966

16

442336

No. of
policies

1556

552

552

1004

57

947

8612

34244

217440

7178

86522

20277

11

7174

32962

653979

663861

56495

14462

6428

511582

774

No. of
policies

0.00

546682

644904

13436

292070

146.88 3819093

66.06 1497092

0.00

66.06

5138

1997

806

39

292

860

3140

34

236

95

12

76

654

640

58

18

512

783

58045

19944

9147

515886

974

No. of
policies

9128

96769

226812

7379

109470

23053

183

7192

43708

656742

606595

848268

13783

545973

447.78 4940129

121.10 2014619

21.79

27.48

45.35

26.48

326.68 2925510

2.09

46.63

7.40

0.31

0.00

17.87

1.34

0.00

0.00

0.12

1.36

86.48

102.13 1141077

7.63

1.46

0.98

37.85

13.02

No. of Premium
Persons
Covered

Individual Insurance
excluding Family /Floater
Policies

80.82 2322001

0.00

22.29

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

58.53

0.00

0.00

0.00

0.00

0.00

No. of Premium
Persons
Covered

Family/Floater Insurance
excluding Individual Policies

125534

87538

79917

1230

2286

4105

37996

637

10025

837

72

1645

24

315

101

5264

6248

6363

1699

3261

521

984

1406.61

656.96

188.23

169.53

141.98

157.22

749.65

4.63

114.97

17.28

2.64

0.00

37.62

25.61

0.50

0.00

1.91

27.61

138.99

187.24

46.30

47.15

21.82

58.48

16.90

No. of Premium
Persons
Covered

Total

(No. of persons in '000) (Premium in ` crore)

PERSONAL ACCIDENT INSURANCE PREMIUM AND NUMBER OF PERSONS COVERED (2011-12)

ANNUAL REPORT 2011-12

201
612
620

GRAND TOTAL

PUBLIC TOTAL

UNITED INDIA

27

PRIVATE TOTAL

ORIENTAL

UNIVERSAL SOMPO

TATA AIG

585

STAR HEALTH

NEW INDIA

SHRIRAM GENERAL

NATIONAL

SBI GENERAL

MAX BUPA

L&T GENERAL

ROYAL SUNDARAM

IFFCO TOKIO

ICICI LOMBARD

HDFC ERGO

RELIANCE

FUTURE GENERALI

RAHEJA QBE

0
0

CHOLAMANDALAM MS

BAJAJ ALLIANZ

BHARTI AXA

No. of
policies

31974

1635

1080

555

30339

25000

444

4895

72.31

62.51

0.00

52.99

9.52

0.00

9.80

0.00

0.00

1.29

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1.66

0.00

6.85

0.00

0.00

0.00

0.00

No. of Premium
Persons
Covered

Government Sponsored
Schemes

APOLLO MUNICH

Insurer

Contd.STATEMENT 48

729715

241331

200685

274

2231

38141

488384

173

70225

8323

60

24401

6356

12

9785

2916

350917

983

7435

2080

4542

170

No. of
policies

101696

75457

70842

456

956

3203

26239

229

12107

174

80

1766

164

16

23

3322

3548

522

1163

2945

10

172

654.71

379.76

151.97

94.07

17.57

116.15

274.95

1.86

42.74

6.89

2.24

0.00

21.70

28.74

0.54

0.00

0.10

26.57

44.33

17.68

15.61

30.76

14.16

18.00

3.03

No. of Premium
Persons
Covered

Group Insurance Schemes


excluding Govt Sponsored
Schemes

332025

260880

260880

71145

16603

90

54452

No. of
policies

894

652

652

242

68

174

6772

38936

283923

15957

384697

47711

12

42942

358906

764789

40287

15884

10676

479056

620

No. of
policies

0.00

506686

636948

39586

295543

85.75 3969931

59.04 1478763

0.00

0.00

59.04

7209

1942

796

14

296

836

5268

2078

39

302

16

402

99

359

798

48

17

11

479

620

41272

23319

12756

483598

790

No. of
policies

6945

125764

292247

16107

409098

54067

24

52727

361827

544827

837633

39887

559239

397.58 5032291

100.84 1981586

20.08

26.33

39.36

15.07

296.74 3050705

1.60

61.25

8.30

0.59

0.00

20.39

1.86

0.00

0.00

0.00

1.66

48.55

103.08 1170158

5.57

1.52

0.90

31.89

9.60

No. of Premium
Persons
Covered

Individual Insurance
excluding Family /Floater
Policies

26.71 2491168

0.00

18.29

0.00

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

8.41

0.00

0.00

0.00

0.00

0.00

No. of Premium
Persons
Covered

Family/Floater Insurance
excluding Individual Policies

141774

79685

71638

1550

2458

4040

62088

2307

12213

25476

96

2168

164

16

121

4125

4520

5465

1180

2955

489

792

1210.34

602.15

172.05

173.39

125.49

131.22

608.19

3.46

122.28

16.47

2.83

0.00

42.09

30.60

0.55

0.00

0.10

28.23

94.53

129.17

28.03

32.28

15.06

49.88

12.62

No. of Premium
Persons
Covered

Total

(No. of persons in '000) (Premium in ` crore)

PERSONAL ACCIDENT INSURANCE PREMIUM AND NUMBER OF PERSONS COVERED (2010-11)

ANNUAL REPORT 2011-12

Corporate
Agents

Banks

Brokers

Referral
Arrangements

Direct
Business

Others

Total

(Premium in ` Crore) (Policies in '000)

202
52396

GRAND TOTAL

Credit Insurance
3558

319

Crop Insurance

Miscellaneous

422

Overseas Medical
Insurance

2919

Personal Accident
8235

269

Liability Insurance

Medical Insurance

8867

24797

232

38

975

1762

20917

1221

52

82

4098

347

287

5411

6727

566

105

588

1420

1986

210

106

189

206

365

720

10

159

1239

102

19

271

92

198

417

18

10

93

7076

1614

31

1242

1497

107

1089

18

20

1448

3273

398

13

693

311

18

367

640

42

46

732

5392

133

302

382

279

25

374

3539

51

144

152

9921

409

53

24

35

2778

250

466

1080

1884

773

150

128

615

1276

371

89

15

10

162

78

192

20

35

89

29

21775

972

12

87

1636

854

1142

21

4694

11780

41

158

370

18556

1171

1020

75

171

4783

346

236

2383

4038

846

316

732

568

1871

3312

92

856

18

423

171

286

1431

24

3865

101

2710

332

17

255

283

36

25

20

59

92308

6668

12

1284

2516

11341

6222

328

14704

43518

355

49

1313

3993

57964

3423

1089

2867

324

12963

1366

1024

9729

14078

2284

487

999

1850

5480

Policies Premium Policies Premium Policies Premium Policies Premium Policies Premium Policies Premium Policies Premium Policies Premium

Individual
Agents

Motor Third Party

Motor Own Damage

Engineering

Aviation

Marine (Hull)

Marine (Cargo)

Fire

Type of Channel

CHANNEL WISE GROSS DIRECT PREMIUM INCOME FOR 2011-12

STATEMENT 49

ANNUAL REPORT 2011-12

9798.30

Madhya Pradesh

203
19021.76
13402.04

Punjab

Rajasthan

337.73

Daman & Diu

1137.20

37.04

29053.15

254.34

440.47

587.55

171.83

9484.03

679.80

7639.81

21.38

16464.46

33.46

4169.25

4162.15

1278.53

12.01

57.85

386.94

12.92

54464.30

3753.46

1721.70

9546.03

362.20

1100.49

374.86

8329.72

13354.30

2612.41

1258.86

412.93

759.63

770.50

9616.99

Marine
Cargo

22.30

131.33

2213.50

0.00

348.43

5.89

57.05

1139.79

41.86

291.63

13.27

5109.59

0.00

15.43

1772.53

100.32

0.00

3.24

92.22

0.19

67017.60

-5.72

1962.82

2499.63

32.92

72.39

0.43

4458.68

5883.21

4397.53

7.96

18.48

214.64

145.67

1950.57

Marine
Hull

Note: TP-Third Party; OD-Own Damage

547626.43 184522.56 100015.37

Puducherry

Total

480.31
2890.87

Lakshadweep

43786.68

1882.69

Dadra & Nagra Haveli

Delhi

589.72
1556.33

West Bengal

Chandigarh

3765.05
23675.16

Uttrakhand

Andaman & Nicobar Is.

21000.63

193.23

42873.49

Uttar Pradesh

Tripura

Tamil Nadu

140.51

7788.79

Orissa

Sikkim

426.11
133.25

Nagaland

Meghalaya

Mizoram

133.29
2288.50

Manipur

166012.93

13070.80

Kerala

Maharashtra

27672.16

22399.74

Haryana

Karnataka

56117.48

Gujarat

2635.68

4370.84

Goa

Jharkhand

3414.12

Chhattisgarh

5716.51

2946.86

Bihar

Jammu & Kashmir

4251.32

Assam

4244.11

1521.58

Himachal Pradesh

37087.86

Arunachal Pradesh

Fire

Andhra Pradesh

State/Union Territory

48362.59

0.00

0.00

3757.90

0.00

5.82

30.40

2.13

166.54

1620.76

237.60

18.46

2285.61

0.00

36.09

897.55

134.15

0.00

0.00

109.72

0.00

29406.31

38.24

467.42

3654.27

72.31

167.49

40.01

2490.86

143.02

1978.71

6.92

27.39

0.00

0.00

566.90

227983.14

659.29

133.76

20202.69

236.72

636.05

324.44

239.32

12946.17

1203.64

10620.83

61.21

19383.93

420.26

3224.93

7408.07

5722.67

150.36

218.54

1044.99

105.20

57273.25

4030.64

2699.24

11048.45

2244.62

3071.78

2189.95

7911.07

13091.60

1196.75

3906.76

2640.99

2986.13

1258.80

27490.05

Aviation Engineering

41573.55

62712.26

73936.08

10769.13

10737.41

7774.32

28506.58

66609.40

7216.11

15315.78

18042.37

14124.17

2041.77

66718.83

Motor TP

1059.37

799.15

50770.39

31888.22

24323.97

768.76

3888.73

4678.05

1996.48

5753.00

525.74

42237.83

365.05

4211.48

5857.48

3216.86

43688.07

8854.02

68544.60

68.49

1.35

12768.03

60.16

295.84

129.15

4.50

4271.41

207.92

2587.77

20.55

7242.71

22.40

1047.27

1951.64

556.70

18.94

56.33

977.30

28.63

39863.25

929.05

1079.05

10384.64

316.24

314.26

176.80

2779.85

7274.66

614.11

665.82

257.57

259.38

225.80

4810.05

Liability

326.90

21.42

12271.09

56.17

620.01

455.42

172.10

3986.14

472.75

4988.22

88.07

15758.64

24.06

3103.56

4249.65

1557.77

9.32

350.93

710.15

58.71

37827.42

1865.59

3798.49

9415.43

1158.68

2268.90

249.34

5652.82

10576.15

731.42

977.83

1364.26

690.59

468.22

10266.00

Personal
Accident

1403802.11 980452.47 102267.61 136592.24

7269.70

695.57

99593.81

641.10

4407.54

15898.46

3651.58

57698.77

10449.01

94883.63

1623.07

127713.31 106739.77

847.09

60987.61

51757.87

29246.63

944.71

4749.63

6319.87

1868.55

229419.77 144207.70

49841.55

72509.93

104907.85

15201.54

13379.17

7821.48

50047.63

110342.58

10205.02

22249.59

24136.74

16843.46

3286.94

92361.39

Motor OD

1296282.04

6741.63

84.66

127147.15

205.48

5514.22

6149.79

1372.70

78556.81

2411.94

42504.72

2658.44

121017.49

76.45

11029.39

27425.21

5178.76

467.77

2509.10

7309.50

367.42

368207.91

11319.68

45128.38

117786.47

3876.30

6067.04

1936.65

60447.05

79763.01

11279.70

1659.36

26048.74

5873.34

2037.83

106121.93

Health

101.43

0.00

543.81

0.01

0.00

35.94

4.04

12840.18

1142.35

8573.83

19.81

7782.28

2.76

56760.62

309.71

22388.47

5.14

6.51

21.60

24.99

20766.50

23179.17

494.01

10344.97

1291.16

98.78

1447.26

1599.30

16144.82

1.01

5953.43

40766.43

813.55

1.23

53250.45

0.00

0.00

14275.52

0.00

0.00

1251.12

0.00

5430.67

0.00

5373.76

0.00

15013.36

0.00

1736.53

3582.15

496.12

0.00

0.00

0.00

0.00

38518.11

1270.59

2403.98

6253.27

0.00

0.00

0.00

2971.35

5925.13

0.00

0.05

0.00

0.00

0.00

4415.51

32420.56 286715.55 108917.22

42.56

0.38

3764.21

0.24

54.23

425.94

3.92

1032.93

55.42

503.42

1.00

2844.73

0.95

296.29

875.98

66.08

0.31

7.91

55.34

2.75

12047.43

215.27

835.23

3728.68

77.61

46.50

18.20

534.15

2012.65

119.08

35.05

35.24

31.06

20.81

2628.99

341574.75

996.13

161.55

26407.04

115.59

799.20

2172.91

585.70

11349.45

2051.57

25023.13

193.79

22376.50

84.45

32293.24

8349.69

7175.07

103.86

478.28

1075.43

230.85

72117.10

14659.99

11803.30

18690.05

2464.44

4764.49

1630.38

17745.83

19534.15

2939.00

7016.44

7526.66

2100.39

1129.62

15429.47

5797534.67

26009.52

2273.10

438022.41

2272.61

19216.01

34880.82

10071.46

266266.12

32956.10

292773.58

6908.76

512605.88

2451.54

238872.65

163652.20

106014.03

2614.43

12753.13

25069.61

3892.86

1337149.60

162469.37

220686.61

409867.98

40502.82

47805.21

27903.78

215874.62

406772.16

47661.69

62467.97

124224.63

48947.65

12908.75

432714.97

Total

(` Lakh)

STATEMENT 50

Overseas
Crop
Credit Miscellaneous
Mediclaim Insurance Insurance

STATE-WISE GROSS DIRECT PREMIUM INCOME FOR 2011-12

ANNUAL REPORT 2011-12

30253
25455

NEW INDIA 137897 197465

51432 129914

58441 192361

300376 680384

ORIENTAL

UNITED

TOTAL

78356

97717

225562 106186

184789

294035 127809

298092

608724

489306

787459

607353

Motor Others 2011-12

464763

431490
44188 187902

51582 133585
56850

48009

75308

47766

538694

445353

708753

531407
97.24

82.07 105.09

75.61

97.68

406536 100.29 102.83


438564

Incurred Claims Ratio


(%)

STATEMENT 51

84.32

86.55

83.91

92.35

82.79 101.12

80.33 103.76

91.77

77.26

55.58

53.54

49.13

58.92

60.96

89.22

88.50

91.02

90.01

87.50

97.03

94.36

94.22

100.80

97.05

Fire Health Marine Motor Others 2011-12 2010-11

652487 120.19

462328

2010-11

83522 925751 227933 2224206 1959914 101.43 100.28

21669 228084

20447 191730

27764 247928

13641 258009

Motor Others 2011-12

Claims Incurred (Net)


(` Lakh)
Health Marine

43175 168816

Fire

647332 165735 192018

476395

2010-11

99536 1002477 410068 2492842 2019980 304680 682321

26173

17655

Fire Health Marine

Net Earned Premium


(` Lakh)

52606 160644

NATIONAL

Insurer

INCURRED CLAIMS RATIO: PUBLIC SECTOR NON-LIFE INSURERS

ANNUAL REPORT 2011-12

204

205
1858
2914
47183

TATA AIG

UNIVERSAL SOMPO

TOTAL

53592

35779

59031

45030

19621

10554

17297

9345

35626

15359

63851

53702

2173

84545

88021

113

3687

98012

2554

9839

243

18515

19437

402

12613

91447

52133

86913

56463

60636

32912

62737

31570

794

4889
(175)

28

54286

3461

3629

24654

19045 108432

322

384

5012 110503

19275

72669

33003

(253)

87619

4841 116309 129380

625

485

13501 133268 113510

37952 354900 285616

14025

3337

6274

1136

22396 247468 214965

36432 963378 265960 132965 1445919 1143493

197

13838

21

(19)

1244

987

172

4010

5389 190185 109915

1502

1108

1418

430

6128 170298

Motor Health Others 2011-12 2010-11

Net Earned Premium


(` Lakh)

Note: Figures in brackets indicate negative values.

241

49

RAHEJA QBE

SHRIRAM

143

L&T GENERAL

680

5131

IFFCO TOKIO

SBI GENERAL

11459

ICICI LOMBARD

1188

2708

HDFC ERGO

ROYAL SUNDARAM

1355

FUTURE GENERALI

3023

2893

CHOLAMANDALAM

RELIANCE

521

13021

Fire Marine

BHARTI AXA

BAJAJ ALLIANZ

INSURER

31641

1384

1109

163

1230

563

2643

32

134

3859

9049

1620

1573

1573

443

6265

53111

28020

48192

39034

173

4091

97682

16191

64365

37486

3171

74259

2620

4885

298

9417

16672

737

10821

94739

13250

9032

13234

7517

29899 939890 206920

222

11219

35

24

279

1029 101579

12

240

3815

5157 224565

2458

839

1102

244

23697

76643

40973

65818

47507

50988

27902

48578

27596

417

5736

183

245

99046

21876

86383

37836

4993

86559

14216

54311

25508

564

66022

67229 1275579 991490

1459

4805

152

268

2042

4664 126587 133138

200

534

7189 123367

26580 360091 273064

6203

1508

1716

270

9639 190795 170127

Motor Health Others 2011-12 2010-11

3223 147970

Fire Marine

Claims Incurred (Net)


(` Lakh)

22.39

104.30

195.25

139.56

95.15

95.69

163.65

75.75

77.72

56.64

52.60

67.06

47.50

59.68

67.82

82.07

112.36

81.08

171.08

181.05 (126.60)

47.39

87.43

65.37

93.23

75.21

78.97

59.83

116.05

54.37

85.10

48.12

Fire Marine

INCURRED CLAIMS RATIO: PRIVATE SECTOR NON-LIFE INSURERS

97.56

105.42

100.81

69.80

145.93

87.83

115.40

152.55

110.96

99.66

118.08

99.10

78.32

81.64

86.68

86.89

77.80

102.59

49.65

122.82

50.86

85.77

183.40

85.79

86.19

67.53

85.58

76.51

80.44

66.52

50.56

40.20

25.23

47.20

69.85

40.73

96.35

31.99

110.13

53.24

70.04

44.23

45.21

27.36

23.74

43.04

868.64

87.26

95.61

84.09

84.78

77.43

87.41

79.14

75.35

102.90

88.22

88.73

79.67

69.70

86.71

73.75

74.74

77.29

144.26 (222.74)

78.33

108.84

52.53 (104.47)

117.32

92.57

101.46

83.81

78.59

75.73

84.14

77.10

Motor Health Others 2011-12 2010-11

Incurred Claims Ratio


(Per cent)

STATEMENT 52

ANNUAL REPORT 2011-12

206
(51)

7489

INCOME TAX DEDUCTED AT


SOURCE AND PROVISION FOR
TAX

NET PROFIT AFTER TAX

Note: Figures in brackets indicate negative values.

7540

PROFIT BEFORE TAX

(18381)

OTHER INCOME LESS OTHER


OUTGO

32521

(585)

33106

(20229)

171387

-19.44%

-32.79%
182142

(118052)

12.65%

11.61%
(156222)

87932

62576

27.90%

31.60%

GROSS INVESTMENT INCOME

UNDERWRITING PROFIT/LOSS

INCREASE IN RESERVE FOR


UNEXPIRED RISK

193999

170289

76.43%

85.78%

COMMISSION, EXPENSES OF
MANAGEMENT

531406

462328

INCURRED CLAIMS (NET)

695285

2011-12

538971

2010-11

NATIONAL

NET PREMIUM

PARTICULARS

(42156)

(1019)

(41137)

(11943)

235151

-40.84%

(264344)

10.00%

71891

36.04%

259190

90.72%

652487

719223

2010-11

17932

2315

15617

(382)

233475

-27.62%

(217476)

10.22%

89662

33.77%

296182

80.80%

708753

877121

2011-12

NEW INDIA

5462

(12579)

18041

(725)

179656

-37.29%

(160891)

6.43%

29668

40.30%

185844

88.16%

406536

461158

2010-11

26116

(11652)

37768

748

160963

-25.33%

(123943)

6.56%

34359

32.06%

167897

85.05%

445353

523665

2011-12

ORIENTAL

13054

(28)

13083

(695)

187271

-37.33%

(173493)

9.17%

46931

39.03%

199692

85.71%

438564

511694

2010-11

38679

(8249)

46928

(7405)

176601

-20.09%

(122268)

10.21%

69229

28.36%

192298

79.46%

538694

677952

2011-12

UNITED

UNDERWRITING EXPERIENCE AND PROFITS OF PUBLIC SECTOR COMPANIES

(16151)

(13678)

(2473)

(31744)

784220

-37.37%

(754950)

9.46%

211066

36.53%

815015

87.85%

1959914

2231046

2010-11

115248

(18171)

133419

(27268)

742426

-23.34%

(581739)

10.14%

281182

30.65%

850375

80.18%

2224206

2774023

2011-12

TOTAL

(` Lakh)

STATEMENT 53

ANNUAL REPORT 2011-12

207
4327

Note: Figures in brackets indicate negative values.

NET PROFIT AFTER TAX

(1864)

6191

PROFIT BEFORE TAX

INCOME TAX DEDUCTED AT SOURCE


AND PROVISION FOR TAX

1984

12365

(7034)

19399

1995

35425

-7.28%

-11.08%
28017

(18021)

8.20%

6.96%
(23810)

22099

16085

27.71%

29.71%

OTHER INCOME LESS OTHER OUTGO

GROSS INVESTMENT INCOME

UNDERWRITING PROFIT/LOSS

INCREASE IN RESERVE FOR


UNEXPIRED RISK

74694

68648

70.78%

73.63%

COMMISSION, EXPENSES OF
MANAGEMENT

190795

170127

CLAIMS INCURRED (NET)

269567

2011-12

231050

2010-11

BAJAJ ALLIANZ

NET PREMIUM

Particulars

(17035)

(5)

(17030)

759

2328

-36.33%

(20117)

27.37%

11897

55.42%

24091

63.49%

27596

43468

2010-11

(13945)

(13950)

2318

4163

-23.49%

(20431)

21.28%

15265

40.97%

29386

66.23%

47507

71728

2011-12

BHARTI AXA

(2293)

(34)

(2259)

93

6622

-14.30%

(8974)

13.69%

9949

31.83%

23132

66.83%

48578

72686

2010-11

1912

363

1549

9857

-9.57%

(8314)

12.28%

12164

29.68%

29409

66.43%

65818

99077

2011-12

CHOLAMANDALAM MS

(8952)

(8952)

54

3977

-39.45%

(12983)

18.53%

7484

44.54%

17992

69.07%

27902

40395

2010-11

(5145)

(5145)

(37)

7164

-23.54%

(12272)

19.56%

12674

36.16%

23433

63.22%

40973

64807

2011-12

FUTURE
GENERALI

UNDERWRITING EXPERIENCE AND PROFITS OF PRIVATE SECTOR COMPANIES

(3643)

(3643)

(2438)

8204

-9.97%

(9408)

21.77%

16878

24.58%

19056

65.78%

50988

77514

2010-11

(3970)

(3970)

(8006)

13857

-6.95%

(9820)

21.43%

24941

21.16%

24625

65.85%

76643

116388

2011-12

HDFC ERGO

(` Lakh)

STATEMENT 54

ANNUAL REPORT 2011-12

208
(18911)

9.36%

11719

26.65%

33375

79.09%

99046

125229

(24156)

6.37%

9062

23.93%

34058

86.68%

123367

142330

(6290)

96.89%

878

670.55%

6073

27.01%

245

906

2010-11

(8034)

200

(8234)

1753

40009

(41633)

(2111)

(39521)

(4855)

51677

(3270)

1667

(4937)

99

13875

(3180)

1483

(4663)

100

19393

(5932)

(5932)

(74)

432

1465

-3847.90%

183

(5)

2010-11

(10570)

47.92%

4499

(10596)

(1)

(10595)

(1006)

980

126587

118394

2011-12

(13900)

36.75%

42436

(1005)

(46193)

46.38% -12.04%

686

93.37%

1382

(52812)

1.76%

2085

35.93%

42534

(727)

(727)

(141)

1237

580

577

(29)

1611

(31160)

(184)

(30976)

(1901)

17118

(34320)

(160)

(34160)

(1958)

20610

1040.02% -126.67% -35.70% -45.41%

(1823)

-3583.13%

171

133138

115480

2010-11

RELIANCE

(` Lakh)

28.16% 115.29% 106.92%

417

1480

2011-12

RAHEJA QBE

103.56% -30774.37%

9723

61.10%

5736

9388

2011-12

L&T GENERAL

-17.50% -24.33% -16.66% -18.13% -22335.16% -216.20%

(86344)

13.62%

5.84%
(49997)

55974

17702

19.75%

20.62%

Note: Figures in brackets indicate negative values.

NET PROFIT AFTER TAX

INCOME TAX DEDUCTED AT SOURCE


AND PROVISION FOR TAX

PROFIT BEFORE TAX

OTHER INCOME LESS OTHER OUTGO

GROSS INVESTMENT INCOME

UNDERWRITING PROFIT/LOSS

INCREASE IN RESERVE FOR


UNEXPIRED RISK

81154

87.64%

90.03%
62549

360091

273064

CLAIMS INCURRED (NET)

410874

303318

COMMISSION, EXPENSES OF
MANAGEMENT

IFFCO TOKIO

2010-11 2011-12 2010-11 2011-12

ICICI LOMBARD

NET PREMIUM

Particulars

UNDERWRITING EXPERIENCE AND PROFITS OF PRIVATE SECTOR COMPANIES

Contd... STATEMENT 54

ANNUAL REPORT 2011-12

209

11.53%

8.97%

22

68

(46)

87

13465

Note: Figures in brackets indicate negative values.

(2014)

NET PROFIT AFTER TAX

(1488)

PROFIT BEFORE TAX


(526)

18

OTHER INCOME LESS


OTHER OUTGO

INCOME TAX DEDUCTED


AT SOURCE AND
PROVISION FOR TAX

9450

(2682)

(2682)

(5)

5105

(9535)

11

(9546)

124

5388

1255

(571)

1826

172

3493

-5.58%

26.15%

11685

-12.50% -12.30% 3075.00% -435.09%

78.46%

12605

20.89%

9335

57.08%

25508

44688

(1840)

(7783)

122.26%

1390

84.19%

13526

31.08%

4993

16066

2011-12 2010-11

(12963)

17.00%

14884

35.77%

31321

62.03%

54311

87553

2010-11

(18397)

17.22%

22560

30.88%

40446

65.95%

86383

130991

2011-12

TATA AIG

(7357)

14.58%

3291

55.02%

12416

63.00%

14216

22566

2010-11

2010-11

2011-12

TOTAL

9.41%

118742

31.01%

391406

78.55%

13.47%

225159

28.14%

470285

76.33%

991490 1275579

(11413) (239403) (299945)

18.29%

5518

47.03%

14190

72.51%

21876

30172 1262235 1671077

2011-12

UNIVERSAL
SOMPO

(` Lakh)

6153

(3079)

9231

(185)

7151

(458)

1647

(2105)

(583)

11441

(2858)

1647

(4505)

(693)

14584

(5125)

(73)

(5051)

(351)

2656

(7866)

736

(8602)

(229)

3040

(12367)

208365

(8069)

(85743) (112015)

256

(85999) (103946)

(560)

153963

4.17% -17.84% -16.97% -38.17% -46.29% -20.94% -20.74%

2265

16.36%

10621

21.85%

14184

58.29%

37836

64906

2011-12

SHRIRAM

(15058)

(10955) (13597)

14406

612.64%

33.82% 30.06%
8630

6965

37542

32553

GROSS INVESTMENT
INCOME

UNDERWRITING PROFIT/
LOSS

INCREASE IN RESERVE
FOR UNEXPIRED RISK

COMMISSION, EXPENSES
OF MANAGEMENT

49.63%

68.59% 69.30%

1137
564

66022

CLAIMS INCURRED (NET)

124909

2010-11

SBI GENERAL

86559

96250

2010-11 2011-12

ROYAL
SUNDARAM

NET PREMIUM

Particulars

UNDERWRITING EXPERIENCE AND PROFITS OF PRIVATE SECTOR COMPANIES

Contd... STATEMENT 54

ANNUAL REPORT 2011-12

58.47

RAHEJA QBE

210
517.76
120.68

TATA AIG

UNIVERSAL SOMPO

UNITED INDIA

2837.93

2428.39

* FFE: Fire Fighting Equipments.

14061.19 16062.94

2373.68

ORIENTAL

3782.28

19864.90 24241.07

2194.86

NEW INDIA

2305.71

4708.63

8178.14

112.43

737.41

84.88

248.94

60.86

480.39

759.26

63.49

54.00

89.65

522.14

2231.93

567.79

210.94

268.99

324.02

GRAND TOTAL

3322.97

NATIONAL

111.09
1249.92

PUBLIC TOTAL

4322.40
1847.28

GIC

5803.71

129.72

STAR HEALTH

PRIVATE TOTAL

183.28

60.84

SHRIRAM

SBI GENERAL

358.00

49.86

MAX BUPA

ROYAL SUNDARAM

56.54

L&T GENERAL

634.17

492.24

IFFCO TOKIO

RELIANCE

376.83

139.34

FUTURE GENERALI
1150.69

260.55

CHOLAMANDALAM MS

ICICI LOMBARD

170.48

BHARTI AXA

HDFC ERGO

77.09
967.17

BAJAJ ALLIANZ

14.31

8191.11

7052.52

1228.31

967.78

1222.61

1181.01

2452.82

1138.59

3.99

40.44

0.00

57.95

93.30

88.53

61.02

0.00

10.05

0.00

114.17

301.58

0.00

65.39

35.61

0.00

252.23

9338.75

8149.64

1303.90

1145.78

1466.86

1299.03

2934.08

1189.11

19.20

40.32

0.00

92.89

93.30

80.38

65.18

0.00

9.74

0.00

248.89

0.00

27.82

120.80

111.48

0.00

259.78

19.33

31.3.2012

31.3.2011

31.3.2011

31.3.2012

State Government
& Other Approved
Securities

Central Government
Securities

APOLLO MUNICH

Insurer

6973.44

4907.42

1185.09

463.05

1028.59

664.30

1566.40

2066.02

36.57

255.19

45.04

55.54

59.34

229.78

286.70

10.00

7.50

3.97

184.93

249.74

95.34

53.60

90.42

30.10

351.22

21.03

31.3.2011

8447.55

1569.18

1056.55

1751.62

1679.99

2390.21

3768.34

85.30

361.55

54.90

163.86

156.40

347.75

332.89

20.27

20.08

8.01

340.41

563.48

223.41

147.51

141.34

60.78

697.65

42.77

31.3.2011

164.23

139.40

27.23

332.68

293.83

490.19

1119.07

81.47

74.03

33.97

936.03

2776.89

837.50

318.69

511.25

528.57

1613.99

192.48

31.3.2012

4403.74

3060.97

5898.07

2739.93

7572.73

5065.31

3373.25

7263.07

3512.41

8877.14

8093.31 10471.51

84.09

184.34

101.05

275.45

234.79

358.89

803.06

93.01

36.23

9.69

686.24

2073.16

527.19

191.50

404.84

327.68

1571.29

130.81

31.3.2011

Approved
Investments

9867.33 23675.44 28091.18

2082.92

1229.75

1794.62

2173.94

2586.10

5330.84

69.96

727.20

49.85

299.36

166.10

445.80

455.26

30.21

29.82

25.56

393.74

697.90

327.34

192.91

158.35

120.41

1084.24

56.84

31.3.2012

Infrastructure
Investments

8178.67 12215.89 15198.17 31768.76 38562.68

5564.50

1339.51

625.00

1167.46

778.05

1654.48

2614.17

41.43

240.54

45.01

154.69

69.63

344.07

285.78

24.96

14.90

20.85

213.66

371.69

120.15

81.07

129.19

80.78

336.70

39.09

31.3.2012

Housing & Loans to


State Government for
Housing and FFE*

ASSETS UNDER MANAGEMENT OF NON-LIFE INSURERS

3506.08

3091.17

487.58

471.51

380.29

278.55

1473.25

414.91

0.94

3.13

0.00

44.34

0.00

0.10

19.06

0.00

8.24

0.00

0.00

255.44

0.48

4.51

34.85

21.44

12.34

10.05

31.3.2011

331.57

1362.41

330.71

780.43

604.67

1383.06

2136.90

181.75

131.95

78.21

1817.99

4594.09

1223.25

601.85

967.61

610.49

3851.90

296.06

31.3.2011

408.51

1886.87

206.98

1128.57

683.72

1840.93

2709.70

200.13

189.09

190.31

2328.47

6272.81

1888.04

930.18

1259.27

1075.85

4546.43

418.83

31.3.2012

Total Investments

8391.06 10734.57
8214.72

9164.87

3749.13 82520.18 99268.48

3368.23 61235.30 71103.81

639.78 11247.57 13269.34

362.70

295.00 13604.15 15769.29

665.44

1405.32 19777.80 22165.74

380.90 21284.87 28164.67

1.26

2.00

0.00

0.00

0.00

0.11

25.15

0.00

6.59

20.28

14.01

194.40

7.44

5.79

80.01

22.07

1.80

0.00

31.3.2012

Other Investments

(` Crore)

STATEMENT 55

ANNUAL REPORT 2011-12

ANNUAL REPORT 2011-12


STATEMENT 56

EQUITY SHARE CAPITAL OF NON-LIFE INSURERS


(` Crore)
Insurer

As on 31st
March, 2011

Infusion
As on 31st
During the March, 2012
year

Foreign
Promoter

Indian
Promoter

FDI (%)

BAJAJ ALLIANZ

110.23

0.00

110.23

28.66

81.57

26.00

BHARTI AXA

422.27

281.22

703.49

156.33

547.16

22.22

CHOLAMANDALAM MS

266.96

16.69

283.65

73.75

209.90

26.00

FUTURE GENERALI

475.00

45.00

520.00

132.60

387.40

25.50

HDFC ERGO

486.00

37.00

523.00

135.98

387.02

26.00

ICICI LOMBARD

404.57

32.02

436.58

112.66

323.93

25.80

IFFCO TOKIO

247.00

22.32

269.32

70.02

199.30

26.00

L&T GENERAL

200.00

125.00

325.00

0.00

325.00

0.00

RAHEJA QBE

207.00

0.00

207.00

53.82

153.18

26.00

RELIANCE

116.67

4.52

121.19

0.00

121.19

0.00

ROYAL SUNDARAM

250.00

40.00

290.00

75.40

214.60

26.00

SBI GENERAL

150.00

0.00

150.00

39.00

111.00

26.00

SHRIRAM

105.00

16.22

121.22

31.52

89.70

26.00

TATA AIG

365.00

85.00

450.00

117.00

333.00

26.00

UNIVERSAL SOMPO

150.00

200.00

350.00

91.00

259.00

26.00

3955.70

904.98

4860.68

1117.73

3742.95

23.00

NATIONAL

100.00

0.00

100.00

0.00

100.00

0.00

NEW INDIA

200.00

0.00

200.00

0.00

200.00

0.00

ORIENTAL

100.00

0.00

100.00

0.00

100.00

0.00

UNITED INDIA

150.00

0.00

150.00

0.00

150.00

0.00

PUBLIC TOTAL

550.00

0.00

550.00

0.00

550.00

0.00

4505.70

904.98

5410.68

1117.73

4292.95

20.66

196.20

58.45

254.65

65.38

189.27

25.68

PRIVATE TOTAL

TOTAL (NON-LIFE)
STANDALONE HEALTH PRIVATE
APOLLO MUNICH
MAX BUPA

271.00

81.00

352.00

91.52

260.48

26.00

STAR HEALTH

202.99

75.78

278.77

49.82

228.95

17.87

AIC

200.00

0.00

200.00

0.00

200.00

0.00

ECGC

900.00

0.00

900.00

0.00

900.00

0.00

430.00

0.00

430.00

0.00

430.00

0.00

6705.89

1120.21

7826.10

1324.45

6501.65

16.92

SPECIALISED INSURERS

REINSURER
GIC
GRAND TOTAL (NON-LIFE)

211

ANNUAL REPORT 2011-12


STATEMENT 57

SOLVENCY RATIO OF NON-LIFE INSURERS


Sl. Insurer
No.

March
2011

June
2011

September
2011

December
2011

March
2012

PRIVATE INSURERS
1

BAJAJ ALLIANZ

1.73

1.64

1.73

1.84

1.56

BHARTI AXA

1.70

1.81

1.80

1.35

2.18

CHOLAMANDALAM MS

1.61

1.55

1.72

1.57

1.33

FUTURE GENERALI

2.06

1.90

1.90

1.88

1.69

HDFC ERGO

1.71

1.65

1.66

1.74

1.57

ICICI LOMBARD

1.56

1.64

1.56

1.60

1.36

IFFCO TOKIO

1.23

1.33

1.40

1.41

1.22

L&T GENERAL

2.30

1.55

2.10

2.25

2.41

RAHEJA QBE

3.65

3.67

3.69

3.73

3.77

10

RELIANCE

1.15

1.35

1.40

1.42

1.39

11

ROYAL SUNDARAM

1.56

1.43

1.40

1.38

1.36

12

SBI GENERAL

12.00

11.42

11.13

10.65

10.23

13

SHRIRAM

1.32

1.33

1.41

1.11

0.92

14

TATA AIG

1.68

1.55

1.56

1.60

1.40

15

UNIVERSAL SOMPO

2.14

1.56

1.32

1.05

2.95

PUBLIC INSURERS
16

NATIONAL

1.34

1.41

1.39

1.29

1.37

17

NEW INDIA

2.90

2.59

2.27

1.95

2.03

18

ORIENTAL

1.34

1.32

1.49

1.31

1.38

19

UNITED INDIA

2.89

3.63

2.87

2.82

2.71

STANDALONE HEALTH PRIVATE


20

APOLLO MUNICH

1.89

2.20

2.01

2.09

1.59

21

MAX BUPA

2.03

1.94

2.11

2.02

1.91

22

STAR HEALTH

1.50

1.66

1.55

1.54

1.66

SPECIALISED INSURERS
23

AIC

3.71

4.29

4.06

4.12

3.18

24

ECGC

9.05

10.49

12.02

12.42

10.10

3.35

3.37

3.23

2.32

1.59

REINSURER
25

GIC

212

1421
14424

Commission

Operating Expenses related to


Insurance Business

213
166

15653

144745

25544

462328

621346

53433

91517

476395

Total

1747 (44561) (27090)

1747 (44561) (27090)

15723

17672 590637 648435


1747 (44561) (27090)

166

15486

125167

22933

426885

546077

46668

79929

419480

Misc

2836

2836

60797
2836

14152

3470

43175

63633

5724

11

5292

52606

Fire

NATIONAL

15723

40126
15723

61

5154

1190

11266

19419

1912

3274

14234

Marine

2010-11

Note: Figures in brackets indicate negative amounts

APPROPRIATIONS
Transfer to Shareholders' Account
Transfer to Catastrophe Reserve
Transfer to Other Reserves
TOTAL (C )

TOTAL (B)
Operating Profit/(Loss) from
Fire/Marine/Miscellaneous
Business C= (A B)

Foreign Taxes

106

24176

Claims Incurred (Net)

Others- Amortizations, Write offs


& Provisions

55850

4854

8314

42681

Fire

TOTAL (A)

Interest, Dividend & Rent Gross

Others

Profit/ Loss on sale/redemption of


Investments

Premiums earned (Net)

PARTICULARS

2947

2947

19698
2947

4815

1242

13641

22645

2589

2394

17655

Marine

(1917)

(1917)

665434
(1917)

20524

138893

31426

474591

663517

65455

449

60521

537092

Misc

2011-12

235

40425

17780

127227

146939

14823

10869

121247

Fire

3866 (38728)

3866 (38728)

745929 185667
3866 (38728)

20524

157861

36138

531406

749795

73768

68207

607353

Total

Misc

61075

44781

43865

969

1267

194323

64867

652487

785803

79892

58579

647332

Total

96

(130)

40323

19301

165735

158143

21359

(11004)

9892

137897

Fire

(8900) (79513) (127141) (67183)

(8900) (79513) (127141) (67183)

38722 688555 912945 225326


(8900) (79513) (127141) (67183)

63

9672 144225

3223

25764 499496

29822 609042

3994

2929

22899 503186

Marine

2010-11

NEW INDIA

PUBLIC SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

Misc

75625

35024

68206

52

(459)

149

(622)

206432

89750

708753

926503

102553

47495

787459

Total

(1889)

(1889)

(8886)

(8886)

(77958)

(77958)

40291 738845 1004462


(1889) (8886) (77958)

(34)

10317 155791

2243

27764 515254

38402 729958

5569

2579

30253 619309

Marine

2011-12

(` Lakh)

STATEMENT 58

ANNUAL REPORT 2011-12

1949
19872

Commission

Operating Expenses related to


Insurance Business

214
(2158)

Total

47132

(206)

68477

56154

(389)

81585

24414

28590

569

677

(2109) (19952) (24218)

(2109) (19952) (24218)

(2109) (19952) (24218)

31169 499320 593058

32

9298 128084 157254

2227

19612 346254 406536

29061 479369 568840

2667

(179)

3875

(6395)

(6395)

(6395)

72127

(85)

17693

2937

51582

65733

7611

30

6660

51432

Total

56276

(110)

49244

67238

(141)

58837

27136

32453

(628)

(750)

1344

1344

1344

7791

7791

7791

2740

2740

2740

30334 510038 612499

(37)

7544 110207 135443

2380

20447 373323 445353

31677 517829 615239

3351

(61)

2932

25455 412419 489306

Misc

2011-12
Fire Marine

ORIENTAL

22697 363966 431490

Note: Figures in brackets indicate negative amounts

TOTAL (C )

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

(2158)

Operating Profit/(Loss) from


Fire/Marine/Miscellaneous
Business C= (A B)

APPROPRIATIONS

62568
(2158)

TOTAL (B)

Foreign Taxes

77

40670

Claims Incurred (Net)

Others- Amortizations, Write offs &


Provisions

60410

6355

(4)

9233

44827

Misc

2010-11
Fire Marine

TOTAL (A)

Interest, Dividend & Rent Gross

Others

Profit/ Loss on sale/redemption of


Investments

Premiums earned (Net)

PARTICULARS

2341

2341

2341

53253

66

21809

240

31138

55594

4772

(8)

5539

45291

Misc

Total

45965

105

50465

53354

97

59041

25567

27154

601

703

(2523) (61522) (61704)

(2523) (61522) (61704)

(2523) (61522) (61704)

32699 553007 638959

36

9604 141126 172538

1347

21712 385714 438564

30176 491485 577255

2617

3037

24521 394951 464763

Fire Marine

2010-11

3910

3910

3910

63695

413

18029

1065

44188

67604

5710

3451

58441

56850

107

34358

65753

114

39739

33778

35692

4110

4753

1110 (26435) (21415)

1110 (26435) (21415)

1110 (26435) (21415)

30190 641861 735745

231

7440 131137 156606

850

21669 472837 538694

31300 615425 714329

3193

1930

26173 524110 608724

Total

(240153)

(240153)

(240153)

2793397

166

18301

668860

146155

1959914

2553244

242834

(292)

290722

2019980

2010-11

(92767)

(92767)

(92767)

3098635

149

23905

656341

194033

2224206

3005867

309313

(27)

214278

2492842

2011-12

PUBLIC
TOTAL

(` Lakh)

Contd... STATEMENT 58

Misc

2011-12
Fire Marine

UNITED

PUBLIC SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

215

Note : Figures in brackets indicate negative values.

OTHER INCOME
TOTAL (A)
PROVISIONS (Other than taxation)
(a) For diminution in the value of investments
(b) For doubtful debts
(c) Others
OTHER EXPENSES
(a) Expenses other than those related to Insurance Business
(b) Bad debts written off
(c) Others
TOTAL (B)
Profit Before Tax
Provision for Taxation
Profit after Tax
Transfer from General Reserves/Equilisation Reserve
APPROPRIATIONS
(a) Interim dividends paid during the year
(b) Proposed final dividend
(c) Dividend distribution tax
Contingency reserves for Unexpired Risks (Schedule 16B)
(d) Transfer to any Reserves or Other Accounts
Transfer to General Reserve
Transfer to UK Equalization Reserve
Balance of Profit / Loss B/f from last year
Balance C/f to Balance Sheet

INCOME FROM INVESTMENTS


(a) Interest, Dividend & Rent Gross
(b) Profit on sale of investments
Less: Loss on sale of investments

(a) Fire Insurance


(b) Marine Insurance
(c) Miscellaneous Insurance

OPERATING PROFIT/(LOSS)

PARTICULARS
2010-11

8794
41853
(1349)
(11451)

318
21229
8746
33106
(585)
32521

32521

(420)
2673

318
579
3150
7540
(51)
7489

7489

15168
14244
(219)

(42123)

(33)

185
10376
(41137)
(1019)
(42156)

355
9123
713

(300)
(30761)

55780
40899

13283
(5083)

4000
649

266
(10047)
15617
2315
17932
5083

389
(11119)
417

101
5569

57019
26407

(67183)
(1889)
(8886)
(77958)

2011-12

NEW INDIA

2836 (38728)
2947
(8900)
(1917) (79513)
3866 (127141)

2011-12

716
10690

13663
23529
(128)

15723
1747
(44561)
(27090)

2010-11

NATIONAL

3083

2379

(54)
1015
18041
(12579)
5462

(4)
804
268

1357
19056

17089
24828

(2158)
(2109)
(19952)
(24218)

2010-11

26116

(479)
2455
37768
(11652)
26116

49
2660
225

2594
40223

18607
16282

(6395)
1344
7791
2740

2011-12

ORIENTAL

9569

3000
486

1866
479
13083
(28)
13054

98

(306)
(1178)

390
13562

34655
40221

2341
(2523)
(61522)
(61704)

2010-11

2010-11

14411

7800
1264
15204

1542
2765
46928
(8249)
38679

77

903
244

9736
49694

38254
23119

(21983)

3000
453
2379

2576
15020
(2473)
(13678)
(16151)

416

(375)
11422
981

2163
12547

121187
129477
(128)

86331

11800
1913
15204

22557
3919
133419
(18701)
115248

395

(8)
(19665)
641

21225
137338

129048
80052
(219)

(66831)
3511
(29448)
(92767)

2011-12

PUBLIC TOTAL

(` Lakh)

STATEMENT 59

3910 (22821)
1110 (11785)
(26435) (205547)
(21415) (240153)

2011-12

UNITED INDIA

PUBLIC SECTOR NON-LIFE INSURERS : SHAREHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

216
672809
290024
962833

CURRENT LIABILITIES

Provisions

Sub-Total (B)

Note: Figures in brackets indicate negative values.

TOTAL

Profit & Loss Account (Debit Balance)

Misc. Expenditure (to the extent not written off or adjusted)

979860

3237

(680885)

281948

Sub-Total (A)

Net Current Assets (C)= (A-B)

202985

Advances and Other Assets

Cash & Bank Balance

CURRENT ASSETS
78963

11293

Fixed Assets

Deferred Tax Assets

34237

1611977

979860

Loans

Investments

APPLICATION OF FUNDS

TOTAL

Deferred Tax Liability

Borrowings

155779
814081

Fair Value Change Account

10000

914514

2428

(850680)

1078739

365156

713583

228060

113186

114874

9916

25119

1727732

914514

716214

188300

10000

2384355

13725

(551627)

1591497

463661

1127836

1039870

509425

530445

10186

15683

48566

2847822

2384355

1673201

691154

20000

2012

2317649

10294

(584002)

1908919

561824

1347095

1324916

610699

714217

13233

15472

42331

2820322

2317649

1544520

753130

20000

2011

2011

2012

NEW INDIA

NATIONAL

Reserves & Surplus

Share Capital

SOURCES OF FUNDS

1031182

11885

(557398)

919534

289250

630283

362136

191508

170628

8736

27414

1540546

1031182

832781

188402

10000

2011

2012

996047

8914

(619835)

1009631

328825

680806

389796

191192

198604

10780

22586

1573603

996047

771529

214518

10000

ORIENTAL

PUBLIC SECTOR NON-LIFE INSURERS : BALANCE SHEET


(AS ON 31st MARCH, 2012)

896419

(679263)

971366

298237

673130

292103

193324

98780

8642

40367

1526672

896419

471625

409793

15000

2011
15000

2012

4445230

1341172

3104057

1976057

1097241

878816

10186

44354

150583

7527018

5291815

3791688

1445128

55000

2011

55000

2012

5231269

1632379

3598890

2335850

1171180

1164670

13233

46512

125604

7760073

5071639

3420945

1595694

TOTAL

843429

5291815

28847

5071639

21635

(840901) (2469172) (2895419)

1233980

376575

857405

393079

256104

136975

10345

35569

1638417

843429

388681

439747

UNITED

(` Lakh)

STATEMENT 60

ANNUAL REPORT 2011-12

5231

Operating Expenses related to Insurance Business

217

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

APPROPRIATIONS

Operating Profit/(Loss) C= (A - B)

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

5428

5428

5428

10836

(661)

Commission

Co-insurance administration fee

6265

16264

Claims Incurred (Net)

TOTAL (A)

2460

789

Others

Interest, Dividend & Rent Gross

(6)

13021

Fire

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

1526

1526

1526

5406

1749

434

3223

6932

770

36

(2)

6128

Marine

4805

4805

4805

249474

32

195

60243

7698

181306

254279

24917

1108

(65)

228319

Misc.

11759

11759

11759

265716

32

195

67223

7471

190795

277475

28147

1933

(73)

247468

2011-12

BAJAJ ALLIANZ

(215)

(215)

(215)

238411

(535)

171

64612

4036

170127

238196

21453

1627

151

214965

2010-11

(861)

(861)

(861)

1655

208

27

1421

(444)

443

794

174

99

521

Fire

(135)

(135)

(135)

673

561

(132)

244

538

69

39

430

Marine

(14182)

(14182)

(14182)

74888

72

16

26978

1002

46821

60707

3306

1882

55512

Misc.

BHARTI AXA

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

(15177)

(15177)

(15177)

77216

72

208

43

28960

426

47507

62039

3548

2020

56463

2011-12

(17606)

(17606)

(17606)

51560

267

(403)

24485

(395)

27596

33954

2018

365

31570

2010-11

(` Lakh)

STATEMENT 61

ANNUAL REPORT 2011-12

218

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

APPROPRIATIONS

Operating Profit/(Loss) C= (A - B)

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

Co-insurance administration fee

Operating Expenses related to Insurance Business

640

640

640

2852

1263

16

1573

Claims Incurred (Net)

Commission

3492

TOTAL (A)

592

Others

Interest, Dividend & Rent Gross

2893

Fire

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

163

163

163

1408

694

(389)

1102

1571

148

1418

Marine

(1799)

(1799)

(1799)

90967

26083

1742

63143

89169

6509

56

82602

Misc.

(996)

(996)

(996)

95227

28041

1368

65818

94231

7249

63

86913

2011-12

CHOLAMANDALAM

(4038)

(4038)

(4038)

71582

(128)

23311

(178)

48578

67544

4661

138

62737

2010-11

(1421)

(1421)

(1421)

3252

2249

(570)

1573

1831

441

33

1355

Fire

(344)

(344)

(344)

1634

852

(57)

839

1291

169

13

1108

Marine

(5720)

(5720)

(5720)

59519

20497

461

38561

53799

3822

19

289

49670

Misc.

(7485)

(7485)

(7485)

64405

23599

(166)

40973

56921

4432

21

335

52133

2011-12

(10543)

(10543)

(10543)

45851

(75)

32

19325

(1333)

27902

35308

2196

192

32912

2010-11

(` lakh)

Contd... STATEMENT 61

FUTURE GENERALI

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

219

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

1662

1662

1662

Operating Profit/(Loss) C= (A - B)

APPROPRIATIONS

1619

1522

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

Co-insurance administration fee

Operating Expenses related to Insurance Business

(1523)

1620

Claims Incurred (Net)

Commission

3281

TOTAL (A)

490

43

Others

Interest, Dividend & Rent Gross

40

2708

Fire

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

(1264)

(1264)

(1264)

2919

576

(115)

2458

1655

143

(1)

12

1502

Marine

(8232)

(8232)

(8232)

104524

7794

26886

(2721)

72565

96291

8425

(60)

688

87238

Misc.

HDFC ERGO

(7834)

(7834)

(7834)

109062

7794

28984

(4359)

76643

101227

9058

(18)

740

91447

2011-12

(6115)

(6115)

(6115)

72286

2241

22920

(3864)

50988

66170

4864

319

352

60636

2010-11

(2360)

(2360)

(2360)

14886

5244

592

9049

12526

679

229

159

11459

Fire

(2094)

(2094)

(2094)

7925

(12)

3371

(591)

5157

5832

363

(6)

85

5389

Marine

(42235)

(42235)

(42235)

418421

78673

(6136)

345884

376186

25341

6849

5944

338051

Misc.

(46689)

(46689)

(46689)

441232

(12)

87289

(6135)

360091

394544

26383

7072

6189

354900

2011-12

(18021)

(18021)

(18021)

335798

185

67979

(5430)

273064

317777

16769

5792

9599

285616

2010-11

(` Lakh)

Contd... STATEMENT 61

ICICI LOMBARD

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

220

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

(168)

(168)

(168)

Operating Profit/(Loss) C= (A - B)

APPROPRIATIONS

5951

3126

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

Co-insurance administration fee

Operating Expenses related to Insurance Business

(1034)

3859

Claims Incurred (Net)

Commission

5782

706

Interest, Dividend & Rent Gross

TOTAL (A)

(73)

17

5131

Fire

Others

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

(910)

(910)

(910)

5712

2330

(434)

3815

4802

768

19

4010

Marine

(6925)

(6925)

(6925)

145762

29802

268

115692

138837

14303

62

345

124127

Misc.

IFFCO TOKIO

(8003)

(8003)

(8003)

157424

35257

(1200)

123367

149421

15777

(5)

381

133268

2011-12

(7351)

(7351)

(7351)

132422

31864

1511

99046

125070

11323

(44)

282

113510

2010-11

(714)

(714)

(714)

884

917

(169)

134

170

23

143

Fire

(481)

(481)

(481)

665

416

240

184

10

172

Marine

(10032)

(10032)

(10032)

14852

935

8546

5362

4820

214

32

4574

Misc.

(11226)

(11226)

(11226)

16400

941

9878

(155)

5736

5174

248

37

4889

2011-12

(6252)

(6252)

(6252)

6329

11

6109

(36)

245

77

54

(5)

28

2010-11

(` Lakh)

Contd... STATEMENT 61

L&T GENERAL

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

59

32
(7)
120

TOTAL (A)

Claims Incurred (Net)

Commission

Operating Expenses related to Insurance Business

221

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

APPROPRIATIONS

Operating Profit/(Loss) C= (A - B)

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

(106)

(106)

(106)

166

22

11

Interest, Dividend & Rent Gross

Co-insurance administration fee

(0)

49

Fire

Others

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

(13)

(13)

(13)

20

12

Marine

(769)

(769)

(769)

1638

1121

144

373

869

103

25

739

Misc.

RAHEJE QBE

(889)

(889)

(889)

1823

25

1243

138

417

935

114

25

794

2011-12

(1774)

(1774)

(1774)

1648

1429

36

183

(126)

43

(175)

2010-11

580

580

580

3276

1178

(545)

2643

3856

735

98

3023

Fire

(27)

(27)

(27)

1304

30

314

(69)

1029

1276

256

34

987

Marine

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

(39001)

(39001)

(39001)

164500

36844

4741

122915

125499

11630

48

1522

112299

Misc.

RELIANCE

(38419)

(38419)

(38419)

169050

38336

4127

126587

130631

12621

48

1653

116309

2011-12

(35266)

(35266)

(35266)

175574

44687

(2252)

133138

140308

10023

10

894

129380

2010-11

(` Lakh)

Contd... STATEMENT 61

ANNUAL REPORT 2011-12

222

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

659

659

659

Operating Profit/(Loss) C= (A - B)

APPROPRIATIONS

947

714

(329)

563

1606

416

1188

Fire

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

Co-insurance administration fee

Operating Expenses related to Insurance Business

Commission

Claims Incurred (Net)

TOTAL (A)

Interest, Dividend & Rent Gross

Others

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

668

668

668

696

358

60

279

1364

118

1244

Marine

(4503)

(4503)

(4503)

122457

34246

2493

85718

117954

9803

71

108071

Misc.

(3176)

(3176)

(3176)

124101

35318

2224

86559

120924

10338

75

110503

2011-12

ROYAL SUNDARAM

(3721)

(3721)

(3721)

98575

30471

2082

66022

94854

7082

17

136

87619

2010-11

(8462)

(8462)

(8462)

9674

8490

(46)

1230

1212

493

21

18

680

Fire

(137)

(137)

(137)

121

99

(2)

24

(16)

(18)

Marine

(5682)

(5682)

(5682)

8724

4863

123

3738

3042

164

72

2800

Misc.

(14281)

(14281)

(14281)

18519

13451

75

4993

4238

659

93

24

3462

2011-12

(7716)

(7716)

(7716)

7529

7055

(90)

564

(186)

65

(253)

2010-11

(` Lakh)

Contd... STATEMENT 61

SBI GENERAL

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

(80)

Commission

223

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

107

107

107

Operating Profit/(Loss) C= (A - B)

APPROPRIATIONS

169

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

Co-insurance administration fee

86

163

Claims Incurred (Net)

Operating Expenses related to Insurance Business

276

35

241

Fire

TOTAL (A)

Interest, Dividend & Rent Gross

Others

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

(38)

(38)

(38)

67

18

19

(5)

35

29

21

Marine

7764

7764

7764

51982

179

12433

1732

37638

59746

5610

112

54024

Misc.

SHRIRAM

7833

7833

7833

52218

179

18

12537

1647

37836

60051

5653

112

54286

2011-12

1228

1228

1228

35021

178

7871

1464

25508

36248

2984

262

33003

2010-11

2764

2764

2764

(304)

41

1131

(2585)

1109

2460

579

13

1858

Fire

(1548)

(1548)

(1548)

16404

3248

1936

11219

14856

1003

(42)

58

13838

Marine

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

(8857)

(8857)

(8857)

110848

96

(25)

33593

3124

74055

101991

8974

(227)

509

92735

Misc.

TATA AIG

(7641)

(7641)

(7641)

126948

96

(25)

49

37971

2474

86383

119307

10556

(260)

580

108432

2011-12

(4902)

(4902)

(4902)

85786

72

43

38

29422

1899

54311

80884

6930

(249)

1534

72669

2010-11

(` Lakh)

Contd... STATEMENT 61

ANNUAL REPORT 2011-12

(95)
2547

Commission

Operating Expenses related to Insurance Business

224

Note : Figures in brackets indicate negative amounts.

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

(695)

(695)

(695)

Operating Profit/(Loss) C= (A - B)

APPROPRIATIONS

3836

TOTAL (B)

Exceptional Item (IMTPIP)

Others-Miscellaneous

Premium Deficiency

Solatium Fund

Co-insurance administration fee

1384

253

Interest, Dividend & Rent Gross

Claims Incurred (Net)

(12)

Others

3142

(13)

Profit/ Loss on sale/redemption of Investments

TOTAL (A)

2914

Fire

Premiums earned (Net)

PARTICULARS

(77)

(77)

(77)

297

(145)

293

(73)

222

220

25

(1)

(1)

197

Marine

(8814)

(8814)

(8814)

31792

10494

1024

20270

22978

1592

(73)

(83)

21542

Misc.

UNIVERSAL SOMPO

(9586)

(9586)

(9586)

35925

(145)

13334

856

21876

26339

1869

(87)

(98)

24654

2011-12

(6161)

(6161)

(6161)

26828

170

27

11646

769

14216

20667

1263

(33)

162

19275

2010-11

PRIVATE SECTOR NON-LIFE INSURERS : POLICYHOLDERS ACCOUNT

(151809)

(151809)

(151809)

1755266

7794

347

1068

216

49

461422

8792

1275579

1603457

136651

10969

9916

1445920

2011-12

Total

(128454)

(128454)

(128454)

1385200

2241

517

(776)

283

38

393188

(1782)

991490

1256746

91728

8089

13436

1143493

2010-11

(` Lakh)

Contd... STATEMENT 61

ANNUAL REPORT 2011-12

6260
152
(108)
286
6375

INCOME FROM INVESTMENTS


(a) Interest, Dividend & Rent Gross
(b) Profit on sale of investments
Less: Loss on sale of investments

Other Income
TOTAL (A)

225

Note :Figures in brackets indicate negative amounts.

55973

Balance C/f to Balance Sheet

68338

55973

(7034)
12365

(1864)
4327

51645

19399

137

184
6191

144

(7)

575
19536

7221
56
(75)

5428
1526
4805

151

Balance of profit/ loss B/f from last year

APPROPRIATIONS
(a) Interim dividends paid during the year
(b) Proposed final dividend
(c) Dividend distribution tax
(d) Transfer to any Reserves or Deferred Tax
of last year or reserve for Unexpired Risks
(e) Catastrophe Reserve

Profit Before Tax


Add/(Less): Prior Period Adjustments Account
Add/(Less):Provision for Taxation/Deferred Tax
Profit After Tax

OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business
(b) Bad debts written off
(c) Others -preliminary & pre-operative,
amortizations
TOTAL (B)

33

3724
995
(4934)

Provisions (Other than taxation)


(a) For diminution in the value of investments
(b) For doubtful debts
(c) Others

BHARTI AXA

CHOLAMANDALAM

FUTURE
GENERALI

HDFC ERGO

ICICI LOMBARD

IFFCO TOKIO

L&T GENERAL

(38392)

(21358)

(5)
(17035)

(17030)

214

214

481
(16816)

106
203

(1134)
(272)
(16200)

(52342)

(38392)

(5)
(13950)

(13945)

91

91

8
(13854)

437
170
708

(861)
(135)
(14182)

(957)

775

561

(34)
(2293)

(2259)

(2259)

1733
89
(43)

45
192
(4276)

(957)

(955)

363
1912

1549

1549

2511
34
(0)

640
163
(1799)

(28388)

(19436)

(8952)

(8952)

44

44

(8908)

1481
129

(1013)
(610)
(8895)

(33534)

(28388)

(5145)

(5145)

44

44

(5102)

2215
168

(1421)
(344)
(5720)

(20357)

(16715)

(3643)

(3643)

32

32

(68)
(3611)

2399
174

1036
48
(7199)

(24327)

(20357)

(3970)

(3970)

94

93

(42)
(3876)

3698
302

1662
(1264)
(8232)

1765

17450

940
1052

5659

200
(8034)

(8234)

(39868)

1765

(2111)
(41633)

(39521)

3327

7
324

250
810
3899

200

2796

478
(36194)

8726
1795
(506)

(2360)
(2094)
(42235)

136

2704

248
(4335)

9129
4513
(204)

(2707)
(2220)
(13136)

4033

7300

(3)

1667
(3270)

(4937)

52

52

196
(4885)

2216
55

(1734)
(1197)
(4420)

854

4033

1484
(3179)

(4663)

76

76

181
(4587)

3159
76

(168)
(910)
(6925)

(6741)

(809)

(5932)

(5932)

16

16

0
(5917)

370
12
(47)

(873)
(179)
(5200)

(17337)

(6741)

(1)
(10596)

(10595)

54

54

1
(10541)

596
100
(11)

(714)
(481)
(10032)

2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12

BAJAJ ALLIANZ

OPERATING PROFIT/(LOSS)
(a) Fire Insurance
(b) Marine Insurance
(c) Miscellaneous Insurance

PARTICULARS

PRIVATE SECTOR NON-LIFE INSURERS : SHAREHOLDERS ACCOUNT

STATEMENT 62

ANNUAL REPORT 2011-12

226
(2226)

Balance C/f to Balance Sheet

(1646)

(52749)

(21589)

(184)
(31160)

3
580

(727)

(2226)

(30976)

(1449)

577

30

16

(45)

(1404)

412
(29527)

4819
1382
(875)

1559
222
(37046)

(727)

30

607

1461
34

(106)
(13)
(769)

16

(711)

1173
(110)

(315)
(50)
(1410)

(1499)

Note :Figures in brackets indicate negative amounts.

RELIANCE

ROYAL SUNDARAM

SBI GENERAL

SHRIRAM

TATA AIG

UNIVERSAL
SOMPO

TOTAL

(87069)

(52749)

(160)
(34320)

(34160)

(2188)

(71)

(2117)

194
(31972)

5545
768
(31)

580
(27)
(39001)

2365

4379

(526)
(2014)

(1488)

6
(1483)

2179
54

659
157
(4536)

2387

2365

68
22

(46)

56

56

135
11

3023
30

659
668
(4503)

(3781)

(1099)

(2682)

(2682)

13

13

7
(2669)

5018
22

(3966)
(46)
(3704)

(13316)

(3781)

11
(9535)

(9546)

12

12

44
(9533)

4539
165

(8462)
(138)
(5682)

2452

1197

(571)
1255

1826

15

15

8605

2452

(3079)
6153

9231

24

24

9255

19

13
1841

1404

107
(38)
7764

600

197
5
1025

2620

3079

1647
(458)

(2105)

(238)

2620

1647
(2859)

(4505)

833

72

698

132

792
(3673)

3151
298
(272)

2764
(1548)
(8857)

(2)

65

57
(2033)

2318
659
(165)

2368
(1889)
(5381)

(11800)

(6676)

(73)
(5125)

(5051)

30
(5044)

1020
211
(144)

763
(454)
(4944)

(19666)

(11800)

736
(7866)

(8602)

17

2
15

21
(8585)

1090
60
(169)

2608

13
443

1348

2921
(2117)

2387
(96958)

48777
4056
(338)

(96185)

(955)

(96185) (209159)

(3355)

937
1613

5659

256
(8078)
(85743) (112019)

(85999) (103941)

3122

259
831

634

2801
(1404)

1656
(79980)

40821
7544
(1573)

(695)
(1392)
(2949)
(77)
(5298)
(4711)
(8814) (120254) (144181)

2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12

RAHEJA QBE

Balance of profit/ loss B/f from last year

APPROPRIATIONS
(a) Interim dividends paid during the year
(b) Proposed final dividend
(c) Dividend distribution tax
(d) Transfer to any Reserves or Deferred Tax
of last year or reserve for Unexpired Risks
(e) Catastrophe Reserve

Profit Before Tax


Add/(Less): Prior Period Adjustments Account
Add/(Less):Provision for Taxation/Deferred Tax
Profit After Tax

OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business
(b) Bad debts written off
(c) Others -preliminary & pre-operative,
amortizations
TOTAL (B)

Provisions (Other than taxation)


(a) For diminution in the value of investments
(b) For doubtful debts
(c) Others

Other Income
TOTAL (A)

INCOME FROM INVESTMENTS


(a) Interest, Dividend & Rent Gross
(b) Profit on sale of investments
Less: Loss on sale of investments

OPERATING PROFIT/(LOSS)
(a) Fire Insurance
(b) Marine Insurance
(c) Miscellaneous Insurance

PARTICULARS

PRIVATE SECTOR NON-LIFE INSURERS : SHAREHOLDERS ACCOUNT

Contd... STATEMENT 62

ANNUAL REPORT 2011-12

227
4175

130055
361096

Provisions

Sub-Total (B)

151185

290842
24351

32120

9456

7335

Note : Figures in brackets indicates negative values.

55895

95873

TOTAL

83561

38392

Profit & Loss Account (Debit Balance)

Misc. Expenditure (to the extent not


written off or adjusted)

(47014)

231041

CURRENT LIABILITIES

37496
126763

NET CURRENT ASSETS (C) = (A - B) (267171) (315265)

93925

Sub-Total (A)

2121

3466

61051

55895

56471

27366

Advances and Other Assets

89266

3760

20808

386569

95873

442027

66559

Cash and Bank Balances

CURRENT ASSETS

15607

Deferred Tax Asset

330949

83561

Fixed Assets

Loans

Investments

APPLICATION OF FUNDS

TOTAL

Deferred Tax Liability

Others

(150)

85697

52342

(77423)

97399

39969

57430

19976

13705

6271

3192

107587

85697

15347
(40)

26696

2011

26703

957

(73757)

91044

37183

53861

17288

16590

698

2892

96610

26703

47

47500

2011

61898

21599

40299

21521

19473

2048

2152

59585

49748

32569

49748

28388

(97135) (40377)

118401

49600

68801

21266

17311

3955

383

3591

125730

32569

(87)

4292

28365

2012

(2)

Borrowings

(97)

13665

70349

2012

61474

33534

(64577)

111113

35247

75866

46537

41654

4882

1597

90920

61474

(26)

9500

52000

2012

FUTURE
GENERALI

Fair Value Change Account

85000

42227

2011

CHOLAMANDALAM

2250

72634

Reserves & Surplus

11023

2012

BHARTI AXA

Share Application Money

11023

2011

BAJAJ ALLIANZ

Share Capital

SOURCES OF FUNDS

184912

70993

113919

39342

19661

19681

9971

188776

77504

31

(27)

25200

52300

2012

628470

144315

484155

312798

273797

39001

4729

38813

466530

194399

7293

34023

112626

40457

2011

901732

200435

701296

406577

364003

42574

2617

39960

603362

190651

4959

19

142015

43658

2012

ICICI-LOMBARD

62800

20357

77504

24327
194399

190651

39868

(88246) (145570) (315672) (495155)

110446

45899

64547

22200

11876

10325

8327

122361

62800

61

39

3700

10400

48600

2011

HDFC ERGO

PRIVATE SECTOR NON-LIFE INSURERS : BALANCE SHEET


(AS ON 31st MARCH)

231701

72430

159271

130832

40986

89846

3960

2698

147700

53488

26553

26932

2012

44166

53488

(84467) (100869)

173293

63368

109925

88826

30290

58535

2472

2372

123789

44166

19465

24700

2011

IFFCO-TOKIO

20002

6741

(1499)

3160

941

2218

1660

1184

477

7140

7621

20002

20000

2011

32510

17337

(11622)

15945

6559

9386

4323

3494

829

8264

18531

32510

10

32500

2012

L&T GENERAL

(` Lakh)

STATEMENT 63

ANNUAL REPORT 2011-12

228
747
770
449
233
682
88

Advances and Other Assets

Sub-Total (A)

CURRENT LIABILITIES

Provisions

Sub-Total (B)

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

20701

TOTAL

Note : Figures in brackets indicates negative values.

2226

Profit & Loss Account (Debit Balance)

Misc. Expenditure (to the extent not


written off or adjusted)

22

Cash and Bank Balances

CURRENT ASSETS

191978

57537

134441

30529

23807

6722

3887

235976

60592

175384

27897

21687

6210

3727

2512

3006

270213

158450

(756)

147087

12119

128314

49587

78727

18096

13557

4539

516

1269

138271

29839

(26)

4865

25000

2011

20707

1646
114935

52749

158450

87069
29839

36121

(149765)

170670

63995

106675

20905

13892

7014

584

1249

184053

36121

(166)

7287

29000

2012

ROYAL
SUNDARAM

(1137) (161449) (208078) (110218)

1868

949

919

731

645

86

181

3022

Deferred Tax Asset

213

213718

114935

29

103239

11667

Fixed Assets

20013

20707

20700

3006

18175

20701

20700

2012

2011

2011

2012

RELIANCE

RAHEJA QBE

Loans

Investments

APPLICATION OF FUNDS

TOTAL

Deferred Tax Liability

Others

Borrowings

Fair Value Change Account

Share Application Money

Reserves & Surplus

Share Capital

SOURCES OF FUNDS

65310

3781

62

10123

1425

8698

10185

3049

7136

7713

53754

65310

50310

15000

2011

65315

13316

(17785)

28425

14066

14359

10640

4023

6617

6868

62916

65315

50310

15000

2012

SBI
GENERAL

12952

(50727)

73066

24994

48072

22339

2533

19806

772

2092

60815

12952

2452

10500

2011

128486

44687

83799

28042

22719

5323

1189

3285

136241

40271

(362)

4133

36500

2011

2012

181693

67217

114475

32109

21390

10719

2836

2986

188687

44925

(1349)

1274

45000

TATA AIG

23405

40271

44925

(73980) (100444) (149584)

231891

38318

193573

157911

137940

19971

955

2288

94143

23405

2678

8605

12122

2012

SHRIRAM

PRIVATE SECTOR NON-LIFE INSURERS : BALANCE SHEET


(AS ON 31st MARCH)

23387

11800

(23807)

33276

12649

20627

9469

7688

1782

82

2347

32964

23387

(193)

8580

15000

2011

2051802

658823

1392979

687104

462010

225095

17822

100709

3006

1922433

844667

108

6647

39973

402369

395570

2011

2012

3007490

889596

2117894

1080056

749406

330650

19644

107898

3006

2529901

1022119

31

2273

12197

521550

486068

TOTAL

43429

19666

844667

165393

1022119

289105

(19490) (1364698) (1927434)

53737

18041

35696

34247

11519

22728

818

1735

40700

43429

(151)

8580

35000

2012

UNIVERSAL
SOMPO

(` Lakh)

Contd. STATEMENT 63

ANNUAL REPORT 2011-12

229

Note : Figures in brackets indicate negative values

TOTAL (C)

Transfer to Other Reserves

Transfer to Catastrophe Reserve

Transfer to Shareholders' Account

(8771.98)

(8771.98)

(8771.98)

Operating Profit/(Loss) from Fire/Marine/


Miscellaneous Business C= (A - B)

APPROPRIATIONS

24315.52

TOTAL (B)

Foreign Taxes

Others- Amortizations, Write offs & Provisions

13325.92

1774.24

Commission

Operating Expenses related to Insurance Business

9215.36

15543.54

669.64

14873.90

2010-11

13212.90

12667.87

138.96

406.07

928.87

114.24

814.63

2010-11

18348.33

14939.76

549.69

2858.88

5509.90

418.07

5091.83

2011-12

MAX BUPA

(6187.93) (12284.03) (12838.43)

(6187.93) (12284.03) (12838.43)

(6187.93) (12284.03) (12838.43)

37750.68

17428.39

2813.39

17508.90

31562.75

1480.36

30082.39

2011-12

APOLLO MUNICH

Claims Incurred (Net)

TOTAL (A)

Interest, Dividend & Rent Gross

Others

Profit/ Loss on sale/redemption of Investments

Premiums earned (Net)

PARTICULARS

98166.39

20278.46

464.71

77423.22

82065.55

1257.24

(42.47)

80850.78

2011-12

121536.18

35071.20

1029.83

85435.15

100863.11

2035.00

98828.11

2010-11

2011-12

154265.40

52646.61

3827.79

97791.00

119138.20

3155.67

(42.47)

116025.00

TOTAL

(` Lakh)

STATEMENT 64

382.94 (16100.84) (20673.07) (35127.20)

382.94 (16100.84) (20673.07) (35127.20)

382.94 (16100.84) (20673.07) (35127.20)

84007.76

9077.41

-883.37

75813.72

84390.70

1251.12

83139.58

2010-11

STAR HEALTH

HEALTH INSURERS : POLICYHOLDERS ACCOUNT

ANNUAL REPORT 2011-12

230
(26991.18)

Balance C/f to Balance Sheet

Note: Figures in brackets indicate negative values

(19047.04)

(31733.90)

(26991.18)

(4741.32)
1.40
(4742.72)

107.96

99.49
(7943.30)
0.84
(7944.14)

107.96

1257.10
179.38
91.44
(2538.00)
52.03
(4633.36)

(6187.93)
(6187.93)

2011-12

81.99

17.50

820.63
81.70
41.92
(17.75)
168.98
(7843.81)

(8771.98)
(8771.98)

2010-11

APOLLO MUNICH

APPROPRIATIONS
(a) Interim dividends paid during the year
(b) Proposed final dividend
(c) Dividend distribution tax
(d) Transfer to any Reserves or Other Accounts
Transfer to General Reserve
Balance of Profit / Loss B/f from last year

Profit Before Tax


Provision for Taxation
Profit after Tax

OTHER EXPENSES
(a) Expenses other than those related to Insurance Business
(b) Bad debts written off
(c) Others
TOTAL (B)

PROVISIONS (Other than taxation)


(a) For diminution in the value of investments
(b) For doubtful debts
(c) Others

INCOME FROM INVESTMENTS


(a) Interest, Dividend & Rent Gross
(b) Amortisation of discount /premium
(c) Profit on sale of investments
Less: Loss on sale of investments
OTHER INCOME
TOTAL (A)

(a) Fire Insurance


(b) Marine Insurance
(c) Miscellaneous Insurance

OPERATING PROFIT/(LOSS)

PARTICULARS

(11.46)
(11886.56)

8.92
(11595.24)

(15920.57)

(4295.79)

(11624.74)
0.04
(11624.78)

(27807.13)

(15920.53)

(11886.56)
0.04
(11886.60)

199.61

83.98

29.50
29.50

763.72

(12838.43)
(12838.43)

2011-12

595.89

(12284.03)
(12284.03)

2010-11

MAX BUPA

(257.55)

(257.55)

739.11

1167.01
427.90
739.11

15.82
15.82

1182.83

799.89

382.94
382.94

2010-11

(15011.60)

(257.55)

(15445.49)
(691.45)
(14754.04)

(1.22)
(1.22)

(15446.71)

(22.86)

676.99

(16100.84)
(16100.84)

2011-12

STAR HEALTH

HEALTH INSURERS : SHAREHOLDERS ACCOUNT

(43169.30)

(23600.38)

739.11

(18401.03)
428.78
(18829.81)

45.32
144.81

81.99

17.50

2216.41
81.70
125.90
(17.75)
177.90
(18256.22)

(20673.07)
(20673.07)

2010-11

(74552.63)

(43169.26)

(32073.37)
(690.01)
(31383.36)

(1.22)
106.74

107.96

2697.81
179.38
291.05
(2560.86)
40.57
(31966.63)

(35127.20)
(35127.20)

2011-12

TOTAL

(` Lakh)

STATEMENT 65

ANNUAL REPORT 2011-12

231
37521.52

TOTAL

Note : Figures in brackets indicate negative values

26991.18

Profit & Loss Account (Debit Balance)

Miscellaneous Expenditure
(to the extent not written off or adjusted)

35993.18

22946.93

13046.25

16222.53

6207.40

10015.13

1388.05

32749.70

46101.00

3.86

20632.14

25465.00

2012

46101.00

31733.90

(16235.01) (19770.65)

25469.77

Sub-Total (B)

Net Current Assets (C)= (A-B)

12293.51
13176.26

9234.76

Sub-Total (A)

Provisions

3799.82

Advances and Other Assets

CURRENT LIABILITIES

5434.94

1556.21

25209.14

37521.52

23.38

17878.14

19620.00

2011

APOLLO MUNICH

Cash & Bank Balance

CURRENT ASSETS

Deferred Tax Assets

Fixed Assets

Loans

Investments

APPLICATION OF FUNDS

TOTAL

Borrowings

Deferred Tax Liability

Fair Value Change Account

Reserves & Surplus

Share Application Money

Share Capital

SOURCES OF FUNDS

PARTICULARS

27109.77

15920.53

(3569.28)

5684.47

1596.59

4087.88

2115.19

1447.33

667.86

2132.45

12626.07

27109.77

9.77

27100.00

2011

2012

38456.20

27807.09

(6829.45)

12209.64

5485.06

6724.58

5380.19

1535.64

3844.55

2148.73

15329.83

38456.20

6.20

3250.00

35200.00

MAX BUPA

HEALTH INSURERS : BALANCE SHEET


(AS ON 31st MARCH)

38007.06

257.55

8099.61

34015.51

23597.48

10418.03

42115.12

30598.80

11516.32

6165.84

23484.06

38007.06

691.45

6708.33

10308.28

20299.00

2011

44182.62

15011.60

4220.05

37721.85

23738.08

13983.77

41941.90

37146.14

4795.77

6458.43

18492.54

44182.62

691.45

16305.38

27877.24

2012

STAR HEALTH

85924.67

52170.07

33754.60

63544.62

44889.18

18655.45

9995.21

66572.07

128739.82

691.45

10.06

36937.52

3250.00

88542.24

2012

102638.35

43169.26

128739.82

74552.59

(11704.68) (22380.05)

65169.75

38370.33

26799.42

53465.07

35845.95

17619.12

9854.50

61319.27

102638.35

691.45

33.15

24586.47

10308.28

67019.00

2011

TOTAL

(` Lakh)

STATEMENT 66

ANNUAL REPORT 2011-12

ANNUAL REPORT 2011-12


STATEMENT 67

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LTD. (ECGC):


POLICYHOLDERS ACCOUNT
(` Lakh)
PARTICULARS

2010-11

2011-12

67486.25

76625.24

Profit/ Loss on sale/redemption of Investments

346.23

145.56

Others

600.91

500.02

Interest, Dividend & Rent Gross

13662.50

18948.63

TOTAL (A)

82095.88

96219.46

Claims Incurred (Net)

75743.87

67961.21

(953.21)

(5792.02)

Operating Expenses related to Insurance Business

15147.54

12669.46

Other - Premium Deficiency

(4819.81)

4686.09

TOTAL (B)

85118.39

79524.74

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B)

(3022.51)

16694.72

(3022.51)

16694.72

(3022.51)

16694.72

Premiums earned (Net)

Commission

Others- Amortizations, Write offs & Provisions


Foreign Taxes

APPROPRIATIONS
Transfer to Shareholders' Account
Transfer to Catastrophe Reserve
Transfer to Other Reserves
TOTAL (C)
Note : Figures in brackets indicate negative values

232

ANNUAL REPORT 2011-12


STATEMENT 68

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LTD. (ECGC):


SHAREHOLDERS ACCOUNT
(` Lakh)
PARTICULARS

2010-11

2011-12

(3022.51)
(3022.51)

16694.73
16694.73

INCOME FROM INVESTMENTS


(a) Interest, Dividend & Rent Gross
(b) Profit on sale of investments
Less: Loss on sale of investments

13667.14
346.23

16141.43
124.00

OTHER INCOME
TOTAL (A)

1062.98
12053.83

131.08
33091.23

OPERATING PROFIT/(LOSS)
(a) Fire Insurance
(b) Marine Insurance
(c) Miscellaneous Insurance

PROVISIONS (Other than taxation)


(a) For diminution in the value of investments
(b) For doubtful debts
(c) Others

6.00

OTHER EXPENSES
(a) Expenses other than those related to Insurance Business
(b) Bad debts written off
(c) Others
TOTAL (B)
Profit Before Tax
Provision for Taxation
Prior Period Adjustments
Profit after Tax
APPROPRIATIONS
(a) Interim dividends paid during the year
(b) Dividend distribution tax on Interim Dividends
(b) Proposed final dividend
(c) Dividend distribution tax
(d) Transfer to any Reserves or Other Accounts
Transfer to General Reserve
Balance of Profit / Loss B/f from last year
Balance C/f to Balance Sheet
Note : Figures in brackets indicate negative values

233

285.20
291.20

318.84
318.84

11762.63
3589.38
(393.20)
8566.46

32772.39
10188.36
63.04
22520.99

2610.00
423.41

2700.00
438.01
2700.00
438.01

5534.00
1.98
1.03

16245.00
1.03
1.01

ANNUAL REPORT 2011-12


STATEMENT 69

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LTD (ECGC): BALANCE SHEET


(AS ON 31st MARCH)
(` Lakh)
Particulars

2011

2012

90000.00

90000.00

108270.90

124515.88

7951.37

2258.74

206222.28

216774.62

316356.16

339043.21

14319.47

14704.61

Cash & Bank Balance

87686.18

90244.68

Advances and Other Assets

44382.94

50485.39

Sub-Total (A)

132069.12

140730.07

CURRENT LIABILITIES

208767.28

228781.47

48159.98

50958.23

256927.26

279739.70

(124858)

(139010)

404.80

2036.44

206222.28

216774.63

SOURCES OF FUNDS
Share Capital
Reserves & Surplus
Fair Value Change Account
Borrowings
Deferred Tax Liability
TOTAL
APPLICATION OF FUNDS
Investments
Loans
Fixed Assets
CURRENT ASSETS

Provisions
Sub-Total (B)
Net Current Assets (C)= (A-B)
Deferred Tax Assets
Miscellaneous Expenditure (to the extent not written off or adjusted)
Profit & Loss Account (Debit Balance)
TOTAL

234

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