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, 2008

(Rs. in '000s)

Particulars

Schedule

Year Ended March 31, 2008

Year Ended March 31, 2007

Fire 1 Premiums earned (Net) NL-4Premium Schedule 166,222

Marine 442,620

Miscellaneous 3,929,630

Total 4,538,472

Fire 148,932

Marine 309,931

Miscellaneous 3,357,595

Total 3,816,458

2 Profit/ Loss on sale/redemption of Investments 3 Others (to be specified) Co-insurance Administration income Amortisation of Investments 4 Interest, Dividend & Rent Gross TOTAL (A) 1 Claims Incurred (Net) NL-5Claims Schedule NL-6Commissio n Schedule

115 417 905 (390) 42,679 209,948 65,652

218 997 79 (743) 29,472 472,643 361,184

1,755 9,394 1,050 (5,967) 252,379 4,188,241 2,042,672

2,088 10,808 2,034 (7,100) 324,530 4,870,832 2,469,508

1,492 239 1,196 (1,066) 17,623 168,416 63,479

2,803 342 87 (2,002) 19,526 330,687 255,235

25,159 3,567 891 (17,972) 175,298 3,544,538 1,752,386

29,454 4,148 2,174 (21,040) 212,447 4,043,641 2,071,100

2 Commission

(235,233)

(16,839)

266,817

14,745

(277,810)

(12,700)

196,085

(94,425)

3 Operating Expenses related to Insurance Business

NL-7Operating Expenses Schedule

126,084

199,021

1,964,842

2,289,947

153,694

136,572

1,616,398

1,906,664

Contribution towards Solatium Fund 4 Premium Deficiency Co-insurance Administration Fees Motor pool Administration Fees TOTAL (B) Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) APPROPRIATIONS Transfer to Shareholders Account Transfer to Catastrophe Reserve Transfer to Other Reserves (to be specified) TOTAL (C)

2,595

2,595

2,799

2,799

4,119 (39,378) 249,326

173 543,539 (70,896)

669 14,395 4,291,990 (103,749)

4,961 14,395 4,796,151 74,681

4,142 (56,495) 224,911

50 379,157 (48,470)

768 3,568,436 (23,898)

4,960 3,891,098 152,543

249,326

(70,896)

(103,749)

74,681

224,911

(48,470)

(23,898)

152,543

249,326

(70,896)

(103,749)

74,681

224,911

(48,470)

(23,898)

152,543

FORM NL-2-B-PL

Name of the Insurer:

Tata AIG General Insurance Company Limited

IRDA Registration No. 108, dated January 22, 2001 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2008 Particulars Schedule

Year Ended March 31, 2008

Year Ended March 31, 2007

(Rs.000) 1 OPERATING PROFIT/(LOSS) (a) Fire Insurance (b) Marine Insurance (c ) Miscellaneous Insurance INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent Gross (b) Profit on sale of investments Less: Loss on sale of investments (c) Amortization of Debt Securities 249,326.00 (70,896.00) (103,749.00)

(Rs.000)
224,911.00 (48,470.00) (23,898.00)

187,358.00 1,389.00 (4,723.00)

152,560.00 25,961.00 (4,066.00) (15,641.00)

OTHER INCOME (To be specified) Claims Service Fees Interest on Loan to Employees Miscellaneous TOTAL (A)

2,719.00 1.00 2,065.00

1,455.00 1.00 856.00

263,490.00

313,669.00

PROVISIONS (Other than taxation) (a) For diminution in the value of investments (b) For unrealised cheques (c) For doubtful debts (d) Others (to be specified) Excess provision of earlier year written back OTHER EXPENSES (a) Expenses other than those related to Insurance Business Amortization of Pre-operative Expenditure Donation (Profit) / Loss on Sale / Write off of Fixed Assets (Net) (b) Bad debts written off (c) Others (To be specified)

(7,280.00)

3,010.00 4,270.00 (23,907.00)

721.00 (926.00) 1,754.00 -

5.00 (178.00) -

TOTAL (B) Profit Before Tax Provision for Taxation (a) Current tax [incl. interest Rs.('000s) 978, (2007: Rs.('000s) Nil)] (b) Deferred tax (c) Fringe benefits tax Profit / (Loss) After Tax 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 Balance of profit/ loss brought forward from last year Balance carried forward to Balance Sheet

(5,731.00) 269,221.00 110,000.00 (16,962.00) 14,448.00

161,735

(16,800.00) 330,469.00 115,160.00 (12,180.00) 11,789.00

215,700

188,011 349,746

(27,689) 188,011

FORM NL-3-B-BS Name of the Insurer: Tata AIG General Insurance Company Limited

Registration No. and Date of Registration with the IRDA BALANCE SHEET AS AT MARCH 31, 2008

Schedule

Year Ended March 31, 2008

Year Ended March 31, 2007

(Rs.000) SOURCES OF FUNDS SHARE CAPITAL NL-8-Share Capital Schedule 2,250,000

(Rs.000)

2,250,000

SHARE APPLICATION MONEY PENDING ALLOTMENT RESERVES AND SURPLUS NL-10-Reserves and Surplus Schedule

349,746

188,011

FAIR VALUE CHANGE ACCOUNT BORROWINGS NL-11-Borrowings Schedule

26,522

16,235

TOTAL APPLICATION OF FUNDS INVESTMENTS NL-12-Investment Schedule

2,626,268

2,454,246

6,819,237

5,283,397

LOANS FIXED ASSETS

NL-13-Loans Schedule NL-14-Fixed Assets Schedule

269,179

295,268

DEFERRED TAX ASSET CURRENT ASSETS Cash and Bank Balances Advances and Other Assets

24,693

7,731

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

306,830 1,258,788

528,059 1,130,881

Sub-Total (A) CURRENT LIABILITIES NL-17-Current Liabilities Schedule NL-18-Provisions Schedule

1,565,618 2,920,979

1,658,940 2,455,941

PROVISIONS DEFERRED TAX LIABILITY Sub-Total (B) NET CURRENT ASSETS (C) = (A - B)

3,131,480 6,052,459 (4,486,841) -

2,335,149 4,791,090 (3,132,150) -

MISCELLANEOUS EXPENDITURE (to the extent not written off NL-19-Miscellaneous or adjusted) Expenditure Schedule DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT TOTAL

2,626,268

2,454,246

CONTINGENT LIABILITIES Particulars

Year Ended March 31, 2008 Year Ended March 31, 2007

1 2 3 4 5 6 7

Partly paid-up investments Claims, other than against policies, not acknowledged as debts by the company Underwriting commitments outstanding (in respect of shares and securities) Guarantees given by or on behalf of the Company Statutory demands/ liabilities in dispute, not provided for Reinsurance obligations to the extent not provided for in accounts Others (to be specified) TOTAL

(Rs.000) -

(Rs.000) -

Tata AIG General Insurance Company Limited

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

FIRE MARINE Workmen's Compensation 49,724 Personal Accident 1,058,698 Health Insurance 683,002 MISCELLANEOUS Motor Liability 916,457 Engineering 267,561 Aviation Others Total (Rs. in '000s) Year Ended March 31, 2008 Grand Total

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

1,297,748

978,612

2,532,488

1,297,748
41,801 1,163,811

978,612
8,087 463,092

2,532,488
704,941 467,150

49,724
7,530

1,058,698
5,868 159,346

683,002
6,047 101,844

916,457
62,498 790,814

267,561
27,378 287,891

42,147 42,147
58,930 20,384

5,550,077 5,550,077 865,662 1,834,959 4,580,780 (651,150) 3,929,630

7,826,437

175,738
(9,516)

523,607
(80,987)

2,770,279
(289,330)

42,194
(12,413)

905,220
(30,203)

587,205
(216,393)

188,141
(51,409)

7,048
4,538 -

80,693
(55,940)

7,826,437 915,550 3,461,862 5,280,125 (741,653) 4,538,472

(Rs. in '000s) Year Ended March 31, 2007

166,222

442,620

2,480,949

29,781

875,017

370,812

136,732

11,586

24,753

Particulars

FIRE

MARINE Workmen's Compensation 34,489 Personal Accident 714,072 Health Insurance

MISCELLANEOUS Motor Liability 735,130 Engineering 254,613 Aviation Others Total

Grand Total

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

1,369,500

701,480

2,730,869

533,573

1,369,500
74,256 1,245,585

701,480
11,622 351,476

2,730,869
150,000 557,813

34,489
23,079

714,072
141,743

533,573
106,686

735,130
65,455 560,856

254,613
8,840 242,907

31,744 31,744
27,259

5,034,490 5,034,490 224,295 1,660,343 3,598,442 (240,847) 3,357,595

7,105,470 7,105,470 310,173 3,257,404 4,158,239 (341,781) 3,816,458

198,171
(49,239)

361,626
(51,695)

2,323,056
(34,279)

11,410
(2,698)

572,329
(136,395)

426,887
(20,030)

239,729
(41,335)

20,546
(3,704) -

4,485
(2,406)

148,932

309,931

2,288,777

8,712

435,934

406,857

198,394

16,842

2,079

Tata AIG General Insurance Company Limited

FORM NL-5 - CLAIMS SCHEDULE CLAIMS INCURRED [NET] Particulars

FIRE MARINE Motor Workmen's Compensation 7,749 Personal Accident 183,305 MISCELLANEOUS Health Insurance 226,006 Liability 45,306 Engineering 65,163 Aviation Others Total (Rs. in '000s) Year Ended March 31, 2008 Grand Total

Claims paid - Direct Add Claims Outstanding at the end of the year Less Claims Outstanding at the beginning of the year Gross Incurred Claims Add :Re-insurance accepted to direct claims Less :Re-insurance Ceded to claims paid Net Premium

554,312

548,196

1,262,774

58,111 49,354 563,069

169 497,586

206,648 149,928 604,916

4,880 248,612

605,594 531,556 1,336,812

428,217 234,555

16,850 10,909 13,690

1,458

76,220 47,935 211,590

29,810

230,765 138,917 317,854

40,018

84,066 70,732 58,640

255 30,948

9,146 8,307 66,002

7,066 66,817

1,233 5,233 99 6,367

215

1,791,536 1,027,874 808,455 2,010,955 435,538 403,821 2,042,672

2,894,044 1,292,633 1,007,737 3,178,940 440,587 1,150,019 2,469,508

(Rs. in '000s) Year Ended March 31, 2007

65,652

361,184

1,530,474

12,232

181,780

277,836

27,947

6,251

6,152

Particulars

FIRE

MARINE Motor Workmen's Compensation 6,391 Personal Accident 138,414

MISCELLANEOUS Health Insurance 186,831 Liability 121,618 Engineering 43,806 Aviation Others Total

Grand Total

Claims paid - Direct Add Claims Outstanding at the end of the year Less Claims Outstanding at the beginning of the year Gross Incurred Claims Add :Re-insurance accepted to direct claims Less :Re-insurance Ceded to claims paid Net Premium

695636 49354

367,920

1,371,161

149,928 109,562 42315 702675 211 639407 63479 408,286

44,900 197,951

531,556 344,633 1,558,084

99,505 288,107

10,909 3,904 13,396

1,278

47,935 95,714 90,635

27,683

138,917 36,639 289,109

36,404

70,732 81,024 111,326

124,437 184,114

8,307 5,348 46,765

4,731 44,794 -

884 99 2,986 (2,003)

1,219

1,869,105 808,455 570,248 2,107,312

228,673 583,599

2,932,661 1,007,737 722,125 3,218,273 273,784 1,420,957 2,071,100

255,235

1,369,482

12,118

62,952

252,705

51,649

6,702

(3,222)

1,752,386

Tata AIG General Insurance Company Limited

FORM NL-6-COMMISSION SCHEDULE COMMISSION

Particulars FIRE FIRE Commission Paid - Direct Add: Reinsurance accepted Less : Reinsurance ceded Net Commission 76,513 4,818 316,564 (235,233) MARINE MARINE 100,307 117,146 (16,839) Motor 147,593 96,325 51,323 192,595 Workmen's Compensation 3,168 1,525 1,643 MISCELLANEOUS Personal Health Insurance Accident 86,282 52,267 1,760 1,814 39,835 25,245 48,207 28,836 Liability 98,255 3,343 45,798 55,800 Engineering 10,690 1,229 91,914 (79,995) Aviation Others 2,948 17,679 896 19,731 Total 401,203 122,150 256,536 266,817 (Rs. in '000s) Year Ended March 31, 2008 Grand Total 578,023 126,968 690,246 14,745

Break up of Gross Commission

Agents Brokers Corporate Agents Referral 22,015 46,130 8,368 76,513 28,191 67,900 4,216 100,307 91,158 11,159 45,276 147,593 1,364 1,771 33 3,168 14,423 15,752 56,107 86,282 21,952 10,373 19,942 52,267 9,507 87,811 937 98,255 3,330 6,347 1,013 10,690 2,218 427 303 2,948 143,952 133,640 123,611 401,203 194,158 247,670 136,195 578,023 (Rs. in '000s) Year Ended March 31, 2007 Engineering 7,991 85,361 (77,370) Aviation Others 795 2,108 (1,313) Total 414,020 48,214 266,149 196,085 Grand Total 566,236 50,767 711,428 (94,425)

Particulars

FIRE

MARINE Motor Workmen's Compensation 2,248 1,500 748

MISCELLANEOUS Personal Health Insurance Accident 61,285 48,421 35,375 27,023 25,910 21,398 Liability 80,030 3,214 41,515 41,729

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

76,934 2,553 357,297 (277,810)

75,282 87,982 (12,700)

213,250 45,000 73,267 184,983

Break up of Gross Commission

Agents Brokers Corporate Agents Referral 27,667 37,646 11,621 76,934 22,139 42,798 10,345 75,282 135,670 13,432 64,148 213,250 1,137 1,067 44 2,248 10,502 14,365 36,418 61,285 20,561 7,716 20,144 48,421 6,203 70,860 2,967 80,030 3,013 4,725 253 7,991 91 704 795 177,177 112,869 123,974 414,020 226,983 193,313 145,940 566,236

Tata AIG General Insurance Company Limited

FORM NL-7-OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

FIRE MARINE Motor Employees remuneration and welfare benefits (Refer Notes 11 and 24 of Schedule 16) Travel, conveyance and vehicle running expenses Training expenses Rents, rates and taxes Repairs Printing and Stationery Communication Legal and Professional charges Auditors' fees, expenses etc. a) as auditors b) as advisor or in any other capacity, in respect of : (i) Taxation matters (ii) Insurance matters (iii) Management services c) in any other capacity and d) out of pocket expenses Advertisement and publicity Interest and Bank Charges Others: Agents Training Business Development Expenses Foreign Exchange (Gain) / Loss Information Technology Expenses Miscellaneous Expenses Depreciation Total 44,088 2,633 1,870 6,517 616 1,064 3,660 67,023 103 35 2 823 363 1,450 13,454 (304) 2,069 1,929 6,299 153,694 60,808 2,960 2,384 11,133 1,093 2,286 6,731 21,613 198 66 4 1,683 696 2,393 7,253 (642) 3,756 1,814 10,343 136,572 269,295 11,597 9,312 88,784 6,040 12,848 36,602 69,014 1,203 401 21 37,030 4,281 27,012 134,476 (3,927) 23,572 13,084 47,840 788,485 Workmen's Compensation 2,702 119 83 521 67 105 404 599 14 5 68 50 139 10 (46) 262 115 503 5,720 Personal Accident 105,301 8,088 3,084 28,262 2,046 7,974 39,264 71,947 334 111 6 8,497 8,869 9,555 35,125 (1,094) 6,298 3,289 20,747 357,703 Health Insurance 57,422 4,410 1,681 15,412 1,116 4,348 21,411 39,233 182 60 3 4,633 4,836 5,211 19,154 (596) 3,435 1,793 11,313 195,057 MISCELLANEOUS Liability 77,589 4,048 2,443 13,962 1,615 2,486 9,525 22,480 313 104 6 1,578 1,101 3,390 2,651 (1,022) 5,812 2,846 12,943 163,870 Engineering 17,521 1,076 283 2,510 155 307 896 55,687 23 7 216 74 282 3,576 (83) 444 386 2,209 85,569 Aviation Others 6,828 294 236 2,251 153 326 928 1,750 30 11 1 939 109 685 3,410 (100) 598 332 1,213 19,994 Total 536,658 29,632 17,122 151,702 11,192 28,394 109,030 260,710 2,099 699 37 52,961 19,320 46,274 198,402 (6,868) 40,421 21,845 96,768 1,616,398 (Rs. in '000s) Year Ended March 31, 2007 Grand Total 641,554 35,225 21,376 169,352 12,901 31,744 119,421 349,346 2,400 800 43 55,467 20,379 50,117 219,109 (7,814) 46,246 25,588 113,410 1,906,664

Tata AIG General Insurance Company Limited

FORM NL-7-OPERATING EXPENSES SCHEDULE OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

FIRE MARINE Motor Employees remuneration and welfare benefits (Refer Notes 11 and 24 of Schedule 16) Travel, conveyance and vehicle running expenses Training expenses Rents, rates and taxes Repairs Printing and Stationery Communication Legal and Professional charges Auditors' fees, expenses etc. a) as auditors b) as advisor or in any other capacity, in respect of : (i) Taxation matters (ii) Insurance matters (iii) Management services c) in any other capacity and d) out of pocket expenses Advertisement and publicity Interest and Bank Charges Others: Agents Training Business Development Expenses Foreign Exchange (Gain) / Loss Information Technology Expenses Miscellaneous Expenses Depreciation Total 53,924 3,803 1,183 11,120 869 1,303 3,219 30,794 115 87,047 5,046 2,558 18,709 1,753 3,072 6,643 36,176 246 276,793 16,031 9,487 143,604 7,418 12,277 25,912 148,217 999 508 56 34,868 5,569 38,863 12,837 498 42,692 15,152 42,831 834,612 Workmen's Compensation 4,525 246 126 820 115 171 448 1,179 19 Personal Accident 145,372 9,328 3,444 55,767 2,996 9,186 30,141 147,313 407 MISCELLANEOUS Health Insurance 94,302 6,051 2,234 36,176 1,944 5,959 19,553 95,562 264 Liability 96,227 5,999 2,893 18,156 2,063 3,099 8,046 28,481 319 Engineering 15,300 942 118 3,132 170 251 520 22,665 13 Aviation Others 5,154 299 177 2,674 138 229 483 2,761 18 Total 637,673 38,896 18,479 260,329 14,844 31,172 85,103 446,178 2,039 1,042 114 107,774 25,245 58,081 19,233 1,036 84,955 33,668 98,981 1,964,842 (Rs. in '000s) Year Ended March 31, 2008 Grand Total 778,644 47,745 22,220 290,158 17,466 35,547 94,965 513,148 2,400 1,226 134 111,616 27,148 62,441 22,109 1,226 99,635 44,816 117,303 2,289,947

59 7 2,044 610 1,535 1,416 65 4,697 2,927 6,394 126,084

125 13 1,798 1,293 2,825 1,460 125 9,983 8,221 11,928 199,021

10 1 11 100 111 4 9 760 189 666 9,510

208 23 43,184 10,747 9,692 2,934 209 16,545 7,099 24,302 518,897

135 15 28,013 6,972 6,287 1,903 136 10,733 4,606 15,765 336,610

162 17 776 1,674 2,137 563 156 12,772 4,887 12,935 201,362

9 1 273 79 267 753 19 658 1,451 1,684 48,305

0 -

10 1 649 104 724 239 9 795 284 798 15,546

Tata AIG General Insurance Company Limited

FORM NL-8-SHARE CAPITAL SCHEDULE SHARE CAPITAL Particulars

As at March 31, 2008 (Rs.000). 2,250,000

As at March 31, 2007 (Rs.000). 2250000

1 Authorised Capital 225,000,000 Equity Shares of Rs.10 each 2 Issued Capital 225,000,000 Equity Shares of Rs.10 each 3 Subscribed Capital 225,000,000 Equity Shares of Rs.10 each 4 Called-up Capital 225,000,000 Equity Shares of Rs.10 each Less : Calls unpaid Add : Equity Shares forfeited (Amount originally paid up) Less : Par Value of Equity Shares bought back Less : Preliminary Expenses Expenses including commission or brokerage on Underwriting or subscription of shares TOTAL

2,250,000

2250000

2,250,000

2250000

2,250,000 -

2250000 -

2,250,000

2,250,000

Tata AIG General Insurance Company Limited

FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE SHARE CAPITAL PATTERN OF SHAREHOLDING [As certified by the Management] Shareholder

As at March 31, 2008 Number of Shares % of Holding

As at March 31, 2007 Number of Shares 166,500,000 58,500,000 225,000,000 % of Holding

Promoters Indian - Tata Sons Limited Foreign - AIG MEMSA Holdings Inc.

166,500,000 58,500,000 225,000,000

74% 26% 100%

74% 26% 100%

Others TOTAL

Tata AIG General Insurance Company Limited

FORM NL-10-RESERVE AND SURPLUS SCHEDULE RESERVES AND SURPLUS Particulars 1 Capital Reserve 2 Capital Redemption Reserve 3 Share Premium 4 General Reserves Less: Debit balance in Profit and Loss Account Less: Amount utilized for Buy-back 5 Catastrophe Reserve - Contingency reserve for Unexpired Risks (Refer Note 31 of Schedule 16) 6 Other Reserves (to be specified) 7 Balance of Profit in Profit & Loss Account TOTAL

As at March 31, 2008 (Rs.000). -

As at March 31, 2007 (Rs.000). -

349,746 349,746

188,011 188,011

Tata AIG General Insurance Company Limited

FORM NL-11-BORROWINGS SCHEDULE BORROWINGS Particulars 1 Debentures/ Bonds 2 Banks 3 Financial Institutions 4 Others (to be specified) TOTAL As at March 31, 2008 As at March 31, 2007 (Rs.000). (Rs.000). -

Tata AIG General Insurance Company Limited

FORM NL-12-INVESTMENT SCHEDULE Investments Particulars LONG TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 2 Other Approved Securities 3 Other Investments ( a) Shares (aa) Equity (bb) Preference ( b) Mutual Funds (c) Derivative Instruments (d) Debentures/ Bonds (e) Other Securities (to be specified) (f) Subsidiaries (g) Investment Properties-Real Estate 4 Investments in Infrastructure and Social Sector 5 Other than Approved Investments (a) Shares : Equity (b) Debentures/ Bonds SHORT TERM INVESTMENTS 1 Government securities and Government guaranteed bonds including Treasury Bills 2 Other Approved Securities 3 Other Investments (a) Shares (aa) Equity (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 5 Other than Approved Investments (a) Shares : Equity TOTAL As at March 31, 2008 (Rs.000). 2,453,976 200,000 As at March 31, 2007 (Rs.000). 3,091,788 410,089

341,558 849,429 20,850 1,337,842 797,742

199,177 641,486 71,050 50,408 478,249

158,878
144,776 -

52,660
171,029 -

494,253 19,933 6,819,237

100,163 17,298 5,283,397

Tata AIG General Insurance Company Limited

FORM NL-13-LOANS SCHEDULE LOANS Particulars 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 (bb) Outside India (b) Non-performing loans less provisions (aa) In India (bb) Outside India TOTAL 4 MATURITY-WISE CLASSIFICATION (a) Short Term (b) Long Term TOTAL As at March 31, 2008 (Rs.000). As at March 31, 2007 (Rs.000).

Tata AIG General Insurance Company Limited

FORM NL-14-FIXED ASSETS SCHEDULE FIXED ASSETS Particulars

Opening

Cost/ Gross Block

Additions Deductions Closing Up to Last Year

Depreciation
For The Period
On Sales/ Adjustments

To Date

Goodwill Intangibles (specify) Land-Freehold Leasehold Property Buildings Furniture & Fittings Information Technology Equipment Vehicles Office Equipment Others (Specify nature) TOTAL Work in progress Grand Total PREVIOUS YEAR

229,330 115,279 46,760 272,595 14,478 76,128 754,570 754,570 588,252

12,948 7,910 3,243 54,833 7,090 8,016 94,040 94,040 167,209

321 11,354 2,839 495 15,009 15,009 891

242,278 123,189 49,682 316,074 18,729 83,649 833,601 833,601 754,570

147,943 73,026 32,476 167,418 7,844 42,233 470,940 470,940 358,063

28,973 26,744 6,086 40,260 2,781 12,459 117,303 117,303 113,410

321 11,115 2,364 316 14,116 14,116 533

176,916 99,770 38,241 196,563 8,261 54,376 574,127 574,127 470,940

(Rs.000) Net Block As at 31 March, As at 31 March, 2008 2007 65,362 81,387 23,419 42,253 11,441 14,284 119,511 105,177 10,468 29,273 259,474 9,705 269,179 295,268 6,634 33,895 283,630 11,638 295,268

Tata AIG General Insurance Company Limited

FORM NL-15-CASH AND BANK BALANCE SCHEDULE CASH AND BANK BALANCES Particulars 1 Cash (including cheques, drafts and stamps) 2 Bank Balances (a) Deposit Accounts (aa) Short-term (due within 12 months) (bb) Others (b) Current Accounts (c) Others (to be specified) 3 Money at Call and Short Notice (a) With Banks (b) With other Institutions 4 Others (to be specified) TOTAL Balances with non-scheduled banks included in 2 and 3 above
As at 31 March, 2008 As at 31 March, 2007

(Rs.000) 145,874

(Rs.000) 3,077

160,956 306,830

524,982 528,059

Tata AIG General Insurance Company Limited

FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE ADVANCES AND OTHER ASSETS Particulars ADVANCES 1 Reserve deposits with ceding companies 2 Application money for investments 3 Prepayments 4 Advances to Directors/Officers 5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 6 Others Advance to Employees Advance to Suppliers Claims Recoverable TOTAL (A) OTHER ASSETS 1 Income accrued on investments 2 Outstanding Premiums 3 Agents Balances Less: Provision for doubtful receivables 4 Foreign Agencies Balances 5 Due from other entities carrying on insurance business (including reinsurers) 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 Deposits for Office Premises Deposit for Office Premises jointly with Tata AIG Life Insurance Company Limited Deposits with Telecom Authorities and Housing Deposits for employees Earnest Money Deposit Other Deposits Balance due from AIG entities Balance due from Tata AIG Life Insurance Company Limited Service tax unutilised credit Receivable from Service Providers TOTAL (B) TOTAL (A+B) As at March 31, 2009 As at March 31, 2008 (Rs.000). (Rs.000). 27,953 10,584 6,447 46,992

832 5,128 18,433 62,930

929 6,199 19,001 79,568

106,429 51,969 56,973 -

87,899 5,923 29,895 (4,270)

789,350

695,454

53 87,072 -

84,151 -

23,625 2,000 6,772 13,507 58,108 1,195,858 1,258,788

53,921 5,900 3,346 1,778 87,316 1,051,313 1,130,881

Tata AIG General Insurance Company Limited

FORM NL-17-CURRENT LIABILITIES SCHEDULE CURRENT LIABILITIES Particulars 1 Agents Balances 2 Balances due to other insurance companies 3 Deposits held on re-insurance ceded 4 Premiums received in advance 5 Unallocated Premium 6 Sundry creditors 7 Due to subsidiaries/ holding company 8 Claims Outstanding 9 Due to Officers/ Directors 10 Others (to be specified) Due to AIG entities Deposit from Service Providers Due to Environment Relief Fund Due to Solatium Fund Due to Statutory Authorities Payable on purchase of investments Service Tax Liability TOTAL As at March 31, 2008 As at March 31, 2007 (Rs.000). (Rs.000). 35,276 37,358 815,781 730,893 333,600 26,994 311,846 352,885 5,917 203,017

1,292,633

1,007,737

9,722 40,194 727 51,941 3 2,262 2,920,979

33,513 32,237 2,799 36,137 13,448 2,455,941

Tata AIG General Insurance Company Limited

FORM NL-18-PROVISIONS SCHEDULE PROVISIONS Particulars 1 Reserve for Unexpired Risk 2 For taxation (less advance tax paid and taxes deducted at source) 3 For proposed dividends 4 For dividend distribution tax 5 Others - Unrealised Cheques 6 Reserve for Premium Deficiency TOTAL As at March 31, 2008 (Rs.000). 3,039,954 91,526 3,131,480 As at March 31, 2007 (Rs.000). 2,298,301 33,838 3,010 2,335,149

Tata AIG General Insurance Company Limited

FORM NL-19 MISC EXPENDITURE SCHEDULE MISCELLANEOUS EXPENDITURE (To the extent not written off or adjusted) Particulars 1 Discount Allowed in issue of shares/ debentures 2 Others (to be specified) TOTAL As at March 31, 2008 (Rs.000). As at March 31, 2007 (Rs.000). -

Tata AIG General Insurance Company Limited

FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE Format of Receipts and Payments A/c for the year ended March 31, 2008 (Rs in '000's) Cash Flows from the operating activities: Premium received from policyholders, including advance receipts Other receipts Payments to the re-insurers, net of commissions and claims Payments to co-insurers, net of claims recovery Payments of claims Payments of commission and brokerage Payments of other operating expenses Preliminary and pre-operative expenses Deposits, advances and staff loans Income taxes paid (Net) Service tax paid Other payments Cash flows before extraordinary items Cash flow from extraordinary operations Net cash flow from operating activities Cash flows from investing activities: Purchase of fixed assets Proceeds from sale of fixed assets Purchases of investments Loans disbursed Sales of investments Repayments received Rents/Interests/ Dividends received Investments in money market instruments and in liquid mutual funds (Net)* Expenses related to investments Net cash flow from investing activities Cash flows from financing activities: Proceeds from issuance of share capital Proceeds from borrowing Repayments of borrowing Interest/dividends paid Net cash flow from financing activities Effect of foreign exchange rates on cash and cash equivalents, net Net increase in cash and cash equivalents: Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year 8,826,103 4,791 (1,321,807) (167,774) (3,030,400) (498,585) (2,324,126) 30,476 (29,546) (535,876) 953,256 953,256 (92,664) 1,553 (61,685,917) 60,187,415 415,128 (1,174,485) (221,229) 528,059 306,830

NL-21-Liab

IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-21 Statement of Liabilities
31-Mar-08

Insurer: Tata AIG General Insurance Company Limited Date:

(Rs in Lakhs)

Statement of Liabilities As at March 31, 2008

Sl.No. 1 2 a b 3 a b c d e 4 5 Particular Fire Marine Marine Cargo Marine Hull Miscellaneous Motor Engineering Aviation Liabilities Others Health Insurance Total Liabilities Reserves for unexpired risks
1,611 2,618 11,630 57 3,560 583 7,462 27,521

As at March 31, 2007

Total Reserves
2,192 4,685 17,686 149 4,569 636 10,532 40,447

Reserve for Outstanding Claims

515 1,608 4,856 40 507 40 2,124 9,691

IBNR Reserves
66 458 1,200 51 502 12 946 3,235

Reserves for unexpired risks

1,515 1,808 11,615 103 2,921 24 4,996 22,983

Reserve for Outstanding Claims

441 1,131 4,138 44 343 1,166 7,263

IBNR Reserves
53 368 1,178 39 473 1 702 2,814

Total Reserves
2,009 3,307 16,931 186 3,738 25 6,865 33,060

FORM NL-26 - CLAIMS INFORMATION - KG Table I

Insurer : Tata AIG General Insurance Company Limited

Solvency for the year ended March 31, 2008 Required solvency margin based on net premium and net incurred claims (Rs. in Lacs) PREMIUM Net incurred Item Gross Net Gross RSM-1 RSM-2 No. Description Premium Premium incurred claim Claim RSM 1 Fire 13,396 1,757 8,892 656 1,340 1,334 1,340 2 Marine Cargo 9,867 5,236 6,980 3,611 1,184 1,256 1,256 3 Marine Hull 4 Motor 26,616 21,945 15,891 11,792 4,389 3,576 4,389 5 Engineering 2,949 70 1,919 63 295 288 295 6 Aviation 7 Laibilities 10,287 2,303 3,307 710 1,543 744 1,543 8 Others 1,011 807 111 63 161 23 161 9 Health 17,536 14,924 6,334 4,596 2,985 1,425 2,985 Total 81,662 47,043 43,434 21,491 11,897 8,646 11,969

NL-27-Off Op

IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-27
Insurer:

Offices information for Non-Life

Tata AIG General Insurance Co Ltd Date: 31.03.2008

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

Office Information No. of offices at the beginning of the year No. of branches approved during the year Out of approvals of No. of branches opened previous year during the year Out of approvals of this year No. of branches closed during the year No of branches at the end of the year No. of branches approved but not opend No. of rural branches No. of urban branches

Number 40

2 42

42

FORM NL-28-STATEMENT OF ASSETS - 3B Company Name & Code: Tata AIG General Insurance Company Limited Code - 108 Statement as on: March 31, 2008 Statement of Investment Assets (General Insurer, Re-insurers) (Business within India) Periodicity of Submission: Quarterly Rs. In Lakhs

No 1 2 3 4 Investments Loans Fixed Assets Current Assets a. Cash & Bank Balance

PARTICULARS

SCH 8 9 10

AMOUNT 68,192 2,692 -

11 12

3,068 12,588 -

b. Advances & Other Assets 5 Current Liabilities a. Current Liabilities b. Provisions c. Misc. Exp not Written Off d. Debit Balance of P&L A/c Application of Funds as per Balance Sheet (A)

13 14 15

29,210 31,315 -

26,016

Less: Other Assets 1 2 3 4 5 6 7 8 Loans (if any) Fixed Assets (if any) Cash & Bank Balance (if any) Advances & Other Assets (if any) Current Liabilities Provisions Misc. Exp not Written Off Debit Balance of P&L A/c

SCH 9 10 11 12 13 14 15

Amount 2,692 3,068 12,588 29,210 31,315

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

(42,177) 68,192

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:

NL-29-Debt Sec

IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-29
Insurer:

Detail regarding debt securities

Tata AIG General Insurance Co Ltd Date: 31.03.2008

(Rs in Lakhs)

Detail Regarding debt securities

MARKET VALUE Book Value As at March 31, as % of total for As at March 31, as % of total for As at March 31, as % of total for As at March 31, as % of total for 2008 this class 2007 this class 2008 this class 2007 this class Break down by credit rating AAA rated AA or better Rated below AA but above A Rated below A but above B Any other BREAKDOWN BY RESIDUALMATURITY Up to 1 year more than 1 yearand upto 3years More than 3years and up to 7years More than 7 years and up to 10 years above 10 years Breakdown by type of the issurer a. Central Government b. State Government c.Corporate Securities

19,173 1,952 197 37,049

33% 3% 0% 0% 63%

15,331 649 30,143

33% 0% 1% 0% 65%

19,400 2,000 209 37,918

33% 3% 0% 0% 64%

15,719 711 31,422

33% 0% 1% 0% 66%

20,743 16,590 16,750 4,287 -

36% 28% 29% 7% 0%

5,649 21,637 15,085 1,441 2,311

12% 47% 33% 3% 5%

20,869 16,835 17,070 4,753 -

35% 28% 29% 8% 0%

5,711 22,089 15,757 1,618 2,677

12% 46% 33% 3% 6%

37,049 21,322

63% 0% 37%

30,143 15,980

65% 0% 35%

37,918 21,609

64% 0% 36%

31,422 16,430

66% 0% 34%

NL-30-Ana Rat

IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-30 Analytical Ratios

Insurer:

Tata AIG General Insurance Company Limited

Date:

31-Mar-08

Analytical Ratios for Non-Life companies

Sl.No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Particular Gross Premium Growth Rate Gross Premium to shareholders' fund ratio Growth rate of shareholders'fund Net Retention Ratio Net Commission Ratio Expense of Management to Gross Direct Premium Ratio Combined Ratio Technical Reserves to net premium ratio Underwriting balance ratio Operationg Profit Ratio Liquid Assets to liabilities ratio Net earning ratio return on net worth ratio Available Solvency argin Ratio to Required Solvency Margin Ratio NPA Ratio Gross NPA Ratio Net NPA Ratio Year Ended March Year Ended March 31, 2008 31, 2007 17.89% 22.42% 332.87% 7.01% 60.40% 0.28% 29.26% 72.40% 82.05% -4.64% 1.41% 10.50% 3.06% 6.16% 191% 302.16% 23.31% 56.07% -2.27% 26.83% 77.27% 79.51% -1.64% 3.67% 21.50% 5.19% 8.79% 185%

Equity Holding Pattern for Non-Life Insurers

1 2 3 4 5 6 (a) No. of shares (b) Percentage of shareholding (Indian / Foreign) ( c) %of Government holding (in case of public sector insurance companies) (a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be annualized) (b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be annualized) (iv) Book value per share (Rs) 225,000,000 74% 0.72 0.72 10 166,500,000 74% 1.10 1.10 10

NL-31-Rel Par

IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-31
Insurer: Tata AIG General Insurance Co Ltd Date: 31.03.2008

(Rs in Lakhs)

Related Party Transactions

Sl.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories Receiving of Services Receiving of Services Receiving of Services Receiving of Services Receiving of Services Receiving of Services Receiving of Services Receiving of Services Services Provided Services Provided Rent Expenditure Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Premium Income Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Claims Paid Consideration paid / received 2007-08 2006-07

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58

Infiniti Retail Limited (formerly Value Electronics Fellow Subsidiary Limited) Tata AIG Life Insurance Company Limited Tata Business Support Services Limited Tata Consultancy Services Limited Tata Teleservices (Maharashtra) Limited Tata Teleservices Limited Tata Sons Ltd AIG Memsa Holding Inc. (Now known as Chartis Memsa Holding Inc.) Tata AIG Life Insurance Company Limited AIG Memsa Holding Inc. (Now known as Chartis Memsa Holding Inc.) Tata AIG Life Insurance Company Limited CMC Limited Computational Research Laboratories Limited Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Holding Company Company having Substantial Interest Fellow Subsidiary Company having Substantial Interest Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary

3 494 128 434 125 60 1 230 124 28 1 24 26 95 1 4 594 2 1 3 1 5 50 2 12 2 2 0 11 0 30 0 0 4 1 2 0 0

364 16 139 43 0 465 71 1 6 0 0 34 1 19 631 4 0 8 12 1 7 0 13 1 1 812 0 1 3 5 0 36 0 19 52 335 2,220 780

Concept Marketing and Advertising Limited Fellow Subsidiary Infiniti Retail Limited (formerly Value Electronics Fellow Subsidiary Limited) Tata AIG Life Insurance Company Limited Fellow Subsidiary Tata Asset Management Limited Tata Business Support Services Limited (formerly E2E Serxiz Solutions Ltd) Tata Consultancy Services Limited Tata Internet Services Limited Tata Petrodyne Limited Tata Realty and Infrastructure Limited Tata Securities Limited Tata Sky Limited Tata Sons Limited Tata Teleservices (Maharashtra) Limited Tata Teleservices Limited Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Holding Company Fellow Subsidiary Fellow Subsidiary

Tata Consulting Engineers Limited (formerly TCE Fellow Subsidiary Consulting Engineers Limited) THDC Limited Tata Investment Corporation Limited Tata AIG Life Insurance Company Limited Tata Business Support Services Limited (formerly E2E Serxiz Solutions Ltd) Tata Consultancy Services Limited Tata Realty and Infrastructure Limited Tata Securities Limited Tata Sky Limited Tata Sons Limited Tata Teleservices Limited Computational Research Laboratories Limited CMC Limited THDC Limited Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Holding Company Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary

Tata Consulting Engineers Limited (formerly TCE Fellow Subsidiary Consulting Engineers Limited) Tata Business Support Services Limited Tata Consultancy Services Limited Tata Teleservices Limited Tata AIG Life Insurance Company Limited Tata Teleservices (Maharashtra) Limited Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary

AIG Memsa Holding Inc. (Now known as Chartis Company having Memsa Holding Inc.) Substantial Interest Tata AIG Life Insurance Company Limited Fellow Subsidiary

AIG Memsa Holding Inc. (Now known as Chartis Company having Memsa Holding Inc.) Substantial Interest Tata Sons Ltd Holding Company

AIG Memsa Holding Inc. (Now known as Chartis Company having Memsa Holding Inc.) Substantial Interest Tata AIG Life Insurance Company Limited Tata Consultancy Services Limited Tata Teleservices (Maharashtra) Limited Mr. Gaurav Garg (since 01.07.07) Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Key Management Personnel Key Management Personnel Key Management Personnel

Amount due to the entity Amount due to the entity Amount due to the entity Amount due to the entity Amount due to the entity Amount due to the entity Amount due from the entity Amount due from the entity Issue of equity share capital Issue of equity share capital Purchase of Fixed Assets Purchase of Fixed Assets Purchase of Fixed Assets Remuneration Paid Remuneration Paid Remuneration Paid

81 68 17 28 135 64 0 123 8 10

438 1 79 -

Mr. Dalip Verma (upto 30.04.07) Mr. Michael Carlin (01.05.07 to 30.06.07)

FORM NL-33 - SOLVENCY MARGIN - KGII TABLE - II Insurer: Tata AIG General Insurance Company Limited

Solvency for the Year ended on March 31, 2008 Available Solvency Margin and Solvency Ratio Item (1) 1 Description (2) Available Assets in Policyholders Funds (adjusted value of Assets as mentioned in Form IRDA-Assets-AA): Deduct: Liabilities (reserves as mentioned in Form HG) Other Liabilities (other liabilities in respect of Policyholders Fund as mentioned in Balance Sheet) Excess in Policyholders Funds (1-2-3) Available Assets in Shareholders Funds (value of Assets as mentioned in Form IRDA-Assets-AA): Deduct: Other Liabilities (other liabilities in respect of Shareholders Fund as mentioned in Balance Sheet) Excess in Shareholders Funds (5-6) Total Available Solvency Margin [ASM] (4+7) Total Required Solvency Margin [RSM] Solvency Ratio (Total ASM/Total RSM) Notes No. (3) (Rs. in Lacs) Amount (4) 54,517 40,447 17,199 (3,129) 25,997 25,997 22,869 11,969 1.91

2 3 4 5

6 7 8 9 10

FORM NL-35-NON PERFORMING ASSETS-7A Company Name & Code:Tata AIG General Insurance Company Limited - Code 108 Statement as on: 31-Mar-09 Details of Investment Portfolio Periodicity of Submission : Quarterly Name of the Fund

Interest Rate COI Company Name Instrument Type % Has there been revision? Total O/s (Book Value)

Default Default Principal Interest (Book (Book Value) Value)

Principal Due from

Interest Due from

Deferred Principal

Deferred Interest

Rolled Over?

Has there been any Principal Waiver? Classification Provision (%) Provision (Rs) Amount Board Approval Ref

NIL

CERTIFICATION Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed. Date: Signature Full Name & Designation Note: A. Category of Investmet (COI) shall be as per INV/GLN/001/2003-04 B. FORM 7A shall be submitted in respect of each 'fund'. C. Classification shall be as per F&A-Circulars-169-Jan-07 Dt.24-01-07.
J HARI NARAYAN, CHAIRMAN [ADVT/III/IV/161/Exty.]

FORM 1

FORM NL-36-YIELD ON INVESTMENTS 1 Company Name : Tata AIG General Insurance Company Limited Company Code : 108 Statement Date : As at 31 March 2008 Statement of Investment and Income on Investment as at 31 March 2008 Periodicity of Submission: Yearly NO CATEGORY OF INVESTMENT CATEGORY CODE INVESTMENTS (RS.) CURRENT YEAR INCOME ON GROSS YIELD NET YIELD INVESTMENTS (RS.) (%) (%) Rs. In lakhs PREVIOUS YEAR INCOME ON GROSS YIELD NET YIELD INVESTMENTS (RS.) (%) (%)

INVESTMENTS (RS.)

A A1 A5 C5 C6 C7 D2 E E1 E2 E6 E7 E10 E16 E17 F F1 F2 F3 F9

CENTRAL GOVERNMENT SECURITIES Central Govt. Treasury Bills Securities, Central Govt. Guaranteed Bonds Taxable Bonds of Bonds/Debentures issued by HUDCO Bonds/Debentures issued by NHB Bonds/Debentures issued by Authority constituted under any Housing/Building Taxable Bonds of Infrastructure / Social Sector - PSU - Debentures / Bonds APPROVED INVESTMENT SUBJECT TO EXPOSURE NORMS Actively Traded PSU - (Approved Investment) - Equity Shares - quoted Corporate Securities (Approved Investment) - Equity Shares (Ordinary) - quoted Thinly Traded / Unquoted Corporate Securities - Bonds - (Taxable) Corporate Securities - Bonds - (Tax Free) Corporate Securities (Approved Investment) - Debentures Deposits - Deposit with Scheduled Banks Deposits - Money at call and short notice with Banks / Repo OTHER THAN APPROVED INVESTMENTS Other than Approved Investments - Bonds - PSU - Taxable Other than Approved Investments - Bonds - PSU - Tax Free Other than Approved Investments - Equity Shares (incl. PSUs & Unlisted) Corporate Securities (Other than Approved Investment) - Mutual Funds - Liquid Fund - MF - Others - MF Corporate Securities (Other than Approved Investment) - Derivative Instruments Other than Approved Investment - PTC/Securitised Assets - Under Approved Sectors TOTAL

CGSB CTRB

37,918.18

2,538.29

7.60%

7.60%

31,421.96

1,939.79

7.28%

7.28%

HTHD HTDN HTDA IPTD

4,863.34 13,436.82

77.98 341.18 899.30

13.66% 9.74% 9.01%

13.66% 9.74% 9.01%

1,219.58 2,482.47 7,416.49

114.52 135.69 437.82

8.54% 7.09% 6.76%

8.54% 7.09% 6.76%

EAEQ EACE EPBT EPBF ECOS ECDB ECMR

332.89 1,255.89

3.12 4.87

1.37% 0.59%

1.37% 0.59%

125.79 400.81

180.35 369.02

79.18% 45.90%

79.18% 45.90%

100.13 3,000.00 1,879.11 4,998.18

6.01 310.71 169.18 156.28

6.16% 8.64% 9.59% 4.28%

6.16% 8.64% 9.59% 4.28%

100.89 4,500.00 1,817.03 2,465.46

5.98 284.29 36.14 146.72

6.09% 9.95% 3.06% 4.07%

6.09% 9.95% 3.06% 4.07%

OBPT OBPF OESH OMLF OMOT OCDI OPSA

208.50 199.33 -

52 10.80 36.84

11.94% 5.97% -200.03%

11.94% 5.97% -200.03%

710.51 172.98 0.00

81.95 (7.82) -

26.08% -3.34% -

26.08% -3.34% -

F10 F11

68,192.37

4,606.33

7.91%

7.91%

52,833.97

3,724.46

8.06%

8.06%

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 :

9-Jun-08

Sriram Yarlagadda VICE PRESIDENT - FINANCE & ACCOUNTS

FORM NL-37-DOWN GRADING OF INVESTMENT-2 COMPANY NAME: Tata AIG General Insurance Company Limited CODE : 108 STATEMENT AS ON : 31/12/2008 STATEMENT OF DOWN GRADED INVESTMENTS PERIODICITY OF SUBMISSION : QUARTERLY AMOUNT (AS PER BALANCE SHEET)

Rs. In Lakhs
DATE OF PURCHASE ORIGINAL GRADE DATE OF DOWNGRADE

NO A.

PARTICULARS OF INVESTMENT DURING THE QUARTER :

CAT CODE

RATING AGENCY

CURRENT GRADE

REMARKS

Citifinancial Consumer Finance India Ltd EPBT Citifinancial Consumer Finance India Ltd EPBT

1,500.00 500.00

5/8/2006 ICRA 1/12/2007 ICRA

LAAA LAAA

AA+ AA+

12/24/2008 Downgrade 12/24/2008 Downgrade

B.

AS ON DATE : 1 9.75% HUDCO Bonds

OBPT

206.99

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

DATE :10/02/2009 KOUSHIK GOPINATH CHIEF INVESTMENT OFFICER

PERIODIC DISCLOSURES
FORM NL-39
Insurer:

Rural & Social Obligations

Tata AIG General Insurance Co Ltd Date: 31.03.2008

(Rs in Lakhs)

Rural & Social Obligations

Sl.No. 1 2 3 4 5 6 7 8 9 10 11 Line of Business Fire Cargo & Hull Motor TP Motor OD Engineering Workmen's Compensation Employer's Liability Aviation Personal Accident Health Others* Particular Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social Rural Social No. of Policies Issued 356 115 83,087 27 14 26 Premium Collected 1,235 194 1,640 252 9 80 Sum Assured

3,548 24 1,655 23,564

107 23 57 595

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