shriram financials - 1qfy2014

8/12/2019 Shriram Financials - 1QFY2014

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Annexure-II

Annually Halfyearly Quarterly

(within 6

months from

the end of the

period)

(within 2 months

from the end of

the period)

(within 45

days from

the end of

the period)

1 NL-1-B-RA Revenue Account P

2 NL-2-B-PL Profit & Loss Account P

3 NL-3-B-BS Balance Sheet P

4 NL-4-PREMIUM

SCHEDULE

PremiumP P P

Electronic

5 NL-5-CLAIMS

SCHEDULE

Claims IncurredP P P

Electronic

6 NL-6-COMMISSION

SCHEDULE

CommissionP P P

Electronic

7 NL-7-OPERATING

EXPENSES SCHEDULE

Operating ExpensesP P P

Electronic

8 NL-8-SHARE CAPITAL

SCHEDULE

Share CapitalP P P

Electronic

9 NL-9-PATTERN OF

SHAREHOLDING

SCHEDULE

Pattern of Shareholding

P P P

Electronic

10 NL-10-RESERVE AND

SURPLUS SCHEDULE

Reserves and SurplusP P P

Electronic

11 NL-11-BORROWING

SCHEDULE

BorrowingsP P P

Electronic

12 NL-12-INVESTMENT

SCHEDULE

ShareholdersP P P

Electronic

13 NL-13-LOANS

SCHEDULE

LoansP P P

Electronic

14 NL-14-FIXED ASSETS

SCHEDULE

Fixed AssetsP P P

Electronic

15 NL-15-CASH AND BANK

BALANCE SCHEDULE

Cash and Bank BalanceP P P

Electronic

16 NL-16-ADVANCES AND

OTHER ASSETSSCHEDULE

Advances & Other Assets

P P P

Electronic

17 NL-17-CURRENT

LIABILITIES SCHEDULE

Current LiabilitiesP P P

Electronic

18 NL-18-PROVISIONS

SCHEDULE

ProvisionsP P P

Electronic

19 NL-19-MISC

EXPENDITURE

SCHEDULE

Misc Expenditure

P P P

Electronic

20 NL-20-RECEIPTS AND

PAYMENT SCHEDULE

Receipts & Payment StatementP X X Electronic

21 NL-21-STATEMENT OF

LIABILITIES

Statement of LiablitiesP P P

Electronic

22 NL-22-GEOGRAPHICAL

DISTN OF BSNS

Geographical Distribution of BusinessP P P

Electronic

23 NL-23-REINSURANCE

RISK CONCENTRATION

Reinsurance Risk ConcentrationP P P

Electronic

24 NL-24-AGEING OF

CLAIMS

Ageing of ClaimsP P P

Electronic

25 NL-25-CLAIMS DATA Claims Data P P P

Disclosures - NON- LIFE INSURANCE COMPANIES

S.No. Form No Description Mode of Disclosure

** **

Annual and half yearly to be published in

newspaper as stated below and quarterly to

be displayed in electronic format.


2/44

Name of the Insurer: Shriram General Insurance Company Limited

Registration No. and Date of Registration with the IRDA Registration No. 137 Dated May 08,2008

Particulars Schedule FOR THE QUARTER-

April 2013 to June 2013

UP TO THE QUARTER -

June 2013

FOR THE QUARTER-

April 2012 to June

2012

UP TO THE

QUARTER -June

2012

(Rs.000) (Rs.000) (Rs.000) (Rs.000)

1 Premiums earned (Net) NL-4-Premium

Schedule

3479935 3479935 1822026 1822026

2 Profit/ Loss on sale/redemption

of Investments

0 0 0 0

3 Others (to be specified) -2042 -2042 3340 3340

4 Interest, Dividend & Rent Gross 696170 696170 537785 537785

TOTAL (A) 4174063 4174063 2363151 2363151

1 Claims Incurred (Net) NL-5-Claims

Schedule

3162691 3162691 1588501 1588501

2 Commission NL-6-CommissionSchedule 80529 80529 54293 54293

3 Operating Expenses related to Insurance

Business

NL-7-Operating

Expenses Schedule

311181 311181 331116 331116

4 Premium Deficiency 0 0 0 0

5 Expected loss from Third Party Pool

Account with GIC

155704 155704

0 0

6 Expected loss from Declined pool 8200 8200 0 0

TOTAL (B) 3718304 3718304 1973911 1973911Operating Profit/(Loss) from 455758 455758 389240 389240

APPROPRIATIONS

Transfer to ShareholdersAccount

FORM NL-1-B-RA

REVENUE ACCOUNT FOR PERIOD ENDED


3/44


Registration No. and Date of Registration with the IRDA Registration No. 137 Dated May 08,2008

PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED

Particulars Schedule FOR THE QUARTER-


UP TO THE

QUARTER -June 2013

FOR THE QUARTER-


UP TO THE QUARTER -

June 2012

(Rs.000) (Rs.000) (Rs.000) (Rs.000)

1 OPERATING PROFIT/(LOSS)

(a) Fire Insurance (2016) (2016) (2481) (2481)(b) Marine Insurance (185) (185) 118 118

(c ) Miscellaneous Insurance 457959 457959 391604 391604

2 INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent Gross 54985 54985 43476 43476

(b) Profit on sale of investments

Less: Loss on sale of investments

3 OTHER INCOME (To be specified) 0 0 0 0

TOTAL (A) 510743 510743 432716 432716

4 PROVISIONS (Other than taxation)

(a) For diminution in the value of

investments

(b) For doubtful debts

(c) Others (to be specified)

5 OTHER EXPENSES

(a) Expenses other than those related to Insurance

Business

566 566 11570 11570

(b) Bad debts written off

(c) Others (To be specified)

TOTAL (B) 566 566 11570 11570

Profit Before Tax 510177 510177 421146 421146

Provision for Taxation 122476 122476 141931 141931

Profit/(Loss) After Tax 387701 387701 279215 279215

APPROPRIATIONS

(a) Interim dividends paid during the year

(b) Proposed final dividend(c) Dividend distribut ion tax

(d) Transfer to any Reserves or Other

Accounts (to be specified)

Balance of profit/ loss brought forward from last1962336 1962336 860484 860484

Balance carried forward to Balance Sheet 2350037 2350037 1139699 1139699

Notes: to Form NL-1-B-RA and NL-2-B- PL

(a) Premium income received from business concluded in and outside India shall be separately disclosed.

(b) Reinsurance premiums whether on business ceded or accepted are to be brought into account gross (i.e. before deducting commissions) under the head reinsurance premiums.

(c) Claims incurred shall comprise claims paid, specific claims settlement costs wherever applicable and change in the outstanding provision for claims at the year-end,.

(d) Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000 whichever is higher, shall be shown as a separate line item.

(e) Fees and expenses connected with claims shall be included in claims.

(f) Under the sub-head "Othersshall be included items like foreign exchange gains or losses and other items.

(h) Income from rent shall include only the realised rent. It shall not include any notional rent.

FORM NL-2-B-PL

(g) Interest, dividends and rentals receivable in connection with an investment should be stated as gross amount, t he amount of income tax deducted at source being included under 'advance taxes paid

and taxes deducted at source..


4/44


Registration No. and Date of Registration with the IRDA: Registration No. 137 Dated May 08,2008

BALANCE SHEET AS AT

Schedule As at 30.6.2013 As at 30.6.2012

(Rs.000). (Rs.000).

SOURCES OF FUNDS

SHARE

CAPITAL

NL-8-Share Capital Schedule 2580000 1480000

SHARE APPLICATION MONEY PENDING

ALLOTMENT

0 814000

RESERVES AND SURPLUS NL-10-Reserves and SurplusSchedule

2350036 1139700

FAIR VALUE CHANGE ACCOUNT

BORROWINGS NL-11-Borrowings Schedule 0 0

TOTAL 4930036 3433700

APPLICATION OF FUNDS

INVESTMENTS NL-12-Investment Schedule 21978981 11831942

LOANS NL-13-Loans Schedule 0 0

FIXED ASSETS NL-14-Fixed Assets Schedule 211418 230795

DEFERRED TAX ASSET 92416 172529

CURRENT ASSETS

Cash and Bank Balances NL-15-Cash and bank balance

Schedule

2725620 469445

Advances and Other Assets NL-16-Advancxes and Other

Assets Schedule

16213400 17784909

Sub-Total (A) 18939020 18254354

CURRENT LIABILITIES NL-17-Current Liabilities Schedule 28964167 22060252

FORM NL-3-B-BS


5/44

PREMIUM EARNED [NET]

Particulars FOR THEQUARTER- April

2013 to June 2013

UP TO THEQUARTER -June

2013

FOR THE QUARTER-April 2012 to June 2012


2012

(Rs.000) (Rs.000) (Rs.000) (Rs.000)

Premium from direct business written 3640160 3640160 3279473 3279473

Service Tax

Adjustment for change in reserve for

unexpired risks

Gross Earned Premium 3640160 3640160 3279473 3279473

Add: Premium on reinsurance accepted 11122 11122 167226 167226

Less : Premium on reinsurance ceded 228105 228105 357140 357140

Net Premium 3423178 3423178 3089558 3089558

Adjustment for change in reserve for

unexpired risks

-56757 -56757 1267533 1267533

Premium Earned (Net) 3479935 3479935 1822026 1822026

FORM NL-4-PREMIUM SCHEDULE

Note: Reinsurance premiums whether on business ceded or accepted are to be brought into account, before deducting

commission, under the head of reinsurance premiums.


6/44

CLAIMS INCURRED [NET]

Particulars FOR THE QUARTER-April 2013 to June

2013


2013

FOR THE QUARTER-April 2012 to June 2012


2012

(Rs.000) (Rs.000) (Rs.000) (Rs.000)

Claims paid

Direct claims 489862 489862 618059 618059

Add Claims Outstanding at the end of

the year

12341194 12341194 4004225 4004225

Less Claims Outstanding at the

beginning of the year

9608911 9608911 2993634 2993634

Gross Incurred Claims 3222144 3222144 1628651 1628651

Add :Re-insurance accepted to direct

claims 117 117 41593 41593

Less :Re-insurance Ceded to claims paid 59571 59571 81743 81743

Total Claims Incurred 3162691 3162691 1588501 1588501

Notes:

FORM NL-5 - CLAIMS SCHEDULE

a) Incurred But Not Reported (IBNR), Incurred but not enough reported [IBNER] claims should be included in the

amount for outstanding claims.

b) Claims includes specific claims settlement cost but not expenses of management

c) The surveyor fees, legal and other expenses shall also form part of claims cost.

d)

Claims cost should be adjusted for estimated salvage value if there is a sufficient certainty of its realisation.


7/44

COMMISSION

Particulars FOR THE QUARTER-


UP TO THE QUARTER

-June 2013

FOR THE QUARTER- April

2012 to June 2012

UP TO THE QUARTER -

June 2012

(Rs.000) (Rs.000) (Rs.000) (Rs.000)

Commission paid

Direct 102466 102466 87428 87428

Add: Re-insurance Accepted 0 0 0 0

Less: Commission on Re-insurance

Ceded

21937 21937 33135 33135

Net Commission 80529 80529 54293 54293

Agents 5968 5968 6580 6580

Brokers 93517 93517 80848 80848

Corporate Agency 2981 2981 0 0

Referral 0 0 0 0

Others (pl. specify) 0 0 0 0

TOTAL (B) 102466 102466 87428 87428

FORM NL-6-COMMISSION SCHEDULE

Break-up of the expenses (Gross) incurred to procure business

to be furnished as per details indicated below:

Note: The profit/ commission, if any, are to be combined with the Re-insurance accepted or Re-insurance ceded figures.


8/44

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

Particulars FOR THE QUARTER-


UP TO THE QUARTER -

June 2013

FOR THE QUARTER-


UP TO THE QUARTER -

June 2012

(Rs.000) (Rs.000) (Rs.000) (Rs.000)

1 Employeesremuneration & welfare

benefits

86340 86340 75943 75943

2 Travel, conveyance and vehicle

running expenses

12496 12496 12530 12530

3 Training expenses 400 400 364 364

4 Rents, rates & taxes 16457 16457 13679 13679

5 Repairs 2224 2224 2023 2023

6 Printing & stationery 6906 6906 4905 4905

7 Communication 5294 5294 4824 4824

8 Legal & professional charges 5842 5842 45369 453699 Auditors' fees, expenses etc

(a) as auditor 225 225 0 0

(b) as adviser or in any other capacity,

in respect of

0 0 0 0

(i) Taxation matters 81 81 0 0

(ii) Insurance matters

(iii) Management services; and

(c) in any other capacity 170 170 162 162

10 Advertisement and publicity 620 620 385 385

11 Interest & Bank Charges 910 910 1111 1111

12 Business development expenses 58934 58934 52985 52985

13 Information Technology Expenses 85186 85186 84186 84186

14 Others (to be specified) 19681 19681 22573 22573

15 Depreciation 9415 9415 10076 10076

TOTAL 311181 311181 331116 331116

FORM NL-7-OPERATING EXPENSES SCHEDULE

Note: Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000 whichever is

higher, shall be shown as a separate line item.


9/44

SHARE CAPITAL

Particulars As at 30.6.2013 As at 30.6.2012

(Rs.000). (Rs.

000).

1 Authorized Capital 4000000 4000000

400000000 Equity Shares of Rs.10 each (Previous

Year 12500000Equity Shares of Rs 10 each)

2 Issued Capital 2580000 2580000


Year 105000000 shares of Rs 10 each )

3 Subscribed Capital 2580000 2294000


Year 229400000 shares of Rs 10 each )

4 Called-up Capital 2580000 1480000

258000000 Equity Shares of Rs.10 each (PreviousYear 148000000 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 2580000 1480000

FORM NL-8-SHARE CAPITAL SCHEDULE


10/44

SHARE CAPITAL

PATTERN OF SHAREHOLDING[As certified by the Management]

Shareholder

Number of

Shares

% of Holding Number of

Shares

% of Holding

Promoters

Indian 258000000 100% 109520012 74%

Foreign 0 0% 38479988 26%

Others 0 0% 0 0%

TOTAL 258000000 100% 148000000 100%

FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE

As at 30.6.2013 As at 30.6.2012


11/44

RESERVES AND SURPLUS


(Rs.000). (Rs.000).

1 Capital Reserve

2 Capital Redemption Reserve

3 Share Premium

General Reserves

Less: Debit balance in Profit and Loss

Account

Less: Amount utilized for Buy-back

5 Catastrophe Reserve

6 Other Reserves (to be specified)

7 Balance of Profit in Profit & Loss

Account

2350036 1139700

TOTAL 2350036 1139700

Note:

4

Additions to and deductions from the reserves should be disclosed under each of the specified heads.

FORM NL-10-RESERVE AND SURPLUS SCHEDULE


12/44

BORROWINGS


(Rs.000). (Rs.000).

1 Debentures/ Bonds 0 0

2 Banks 0 0

3 Financial Institutions 0 0

4 Others (to be specified) 0 0

TOTAL 0 0

Notes:

FORM NL-11-BORROWINGS SCHEDULE

a) The extent to which the borrowings are secured shall be separately disclosed stating

the nature of the security under each sub-head.

b) Amounts due within 12 months from the date of Balance Sheet should be shown

separately


13/44

Investments


(Rs.000). (Rs.000).

LONG TERM INVESTMENTS

1 Government securities and Government

guaranteed bonds including Treasury Bills

8249556 4145109

2 Other Approved Securities

3 Other Investments

( a) Shares

(aa) Equity

(bb)Preference

( b) Mutual Funds

(c) Derivative Instruments

(d) Debentures/ Bonds 4222139 2576469

(e) Other Securities (to be specified)

(f) Subsidiaries

(g) Investment Properties-Real Estate

(h) Fixed Deposites with Scheduled Banks 1684700

4 Investments in Infrastructure and Social Sector 6356684 3070923

5 Other than Approved Investments

SHORT TERM INVESTMENTS1 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 410467 225060

(a) Derivative Instruments

(b) Debentures/ Bonds 350000 0(c) Other Securities (to be specified)

(d) Subsidiaries

(e) Investment Properties-Real Estate

(f) Certificate of Deposit and Fixed deposits 655434 1790400

FORM NL-12-INVESTMENT SCHEDULE


14/44

LOANS


(Rs.000). (Rs.000).

1 SECURITY-WISE CLASSIFICATION

Secured 0 0

(a) On mortgage of property 0 0

(aa) In India 0 0

(bb)Outside India 0 0(b) On Shares, Bonds, Govt. Securities 0 0

(c) Others (to be specified) 0 0

Unsecured 0 0

TOTAL 0 0

2 BORROWER-WISE CLASSIFICATION

(a) Central and State Governments 0 0

(b) Banks and Financial Institutions 0 0

(c) Subsidiaries 0 0

(d) Industrial Undertakings 0 0

(e) Others (to be specified) 0 0

TOTAL 0 0

3 PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard 0 0

(aa) In India 0 0

(bb)Outside India 0 0

(b) Non-performing loans less provisions 0 0

(aa) In India 0 0(bb)Outside India 0 0

TOTAL 0 0

4 MATURITY-WISE CLASSIFICATION

( ) Sh T 0 0

FORM NL-13-LOANS SCHEDULE


15/44

FIXED ASSETS

(Rs.000)

ParticularsOn Sales/

Adjustments

Goodwill 0 0 0 0 0 0 0 0 0 0

Intangibles (specify) 92492 0 0 92492 79076 1623 0 80699 11793 13416

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

Leasehold Property 65083 96 0 65179 16946 1556 0 18501 46677 48137

Buildings 92365 0 0 92365 7222 375 0 7597 84768 85143

Furniture & Fittings 22745 511 0 23257 11713 905 0 12618 10639 11032

Information Technology

Equipment

101961 1630 0 103590 58329 4694 0 63023 40567 43631

Vehicles 1977 0 0 1977 726 47 0 773 1204 1251

Office Equipment 16135 1016 0 17151 2783 215 0 2998 14153 13352

Others (Specify nature) 0 0 0 0 0 0 0 0 0 0

TOTAL 392758 3253 0 396011 176795 9415 0 186210 209800 215962

Work in progress 334 19594 18310 1617 0 0 0 0 1617 334

Grand Total 393092 22848 18310 397628 176795 9415 0 186210 211418 216296

PREVIOUS YEAR 367929 43473 18310 393092 139166 37629 0 176795 216296 228763

Note:

Assets included in land, property and buildingabove exclude Investment Properties as defined in note (e) to Form NL-12-Investment Schedule.

As at 30.6.2013 As at 30.6.2012

FORM NL-14-FIXED ASSETS SCHEDULE

Cost/ Gross Block Depreciation Net Block Opening Additions Deductions Closing Up to Last

Year

For The Period To Date


16/44

CASH AND BANK BALANCES


(Rs.000). (Rs.000).

1 Cash (including cheques, drafts and

stamps)

2319 2617

2 Bank Balances

(a) Deposit Accounts

(aa) Short-term (due within 12months)

(bb) Others

(b) Current Accounts 2723300 466828

(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 2725620 469445

Balances with non-scheduled banks

included in 2 and 3 above

Note : Bank balance may include remittances in transit. If so, the nature and amount should be separately stated.

FORM NL-15-CASH AND BANK BALANCE SCHEDULE


17/44

ADVANCES AND OTHER ASSETS


(Rs.000). (Rs.000).

ADVANCES

1 Reserve deposits with ceding companies 1488 1952

2 Application money for investments 0 19800

3 Prepayments 83 83 04 Advances to Directors/Officers

5 Advance tax paid and taxes deducted at

source (Net of provision for taxation)

0 0

6 Others

Advances to Employees 547 384

Advances recoverable in cash or in kind: 2470 11660

Claim recoverable from Insurancecompany

0 0

TOTAL (A) 4588 33880

OTHER ASSETS

1 Income accrued on investments 926973 732225

2 Outstanding Premiums 951316 732412

3 AgentsBalances

4 Foreign Agencies Balances

5 Due from other entities carrying on

insurance business

14317224 16230844

(including reinsurers)

6 Due from subsidiaries/ holding

FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE


18/44

CURRENT LIABILITIES


(Rs.000). (Rs.000).

1 AgentsBalances 35430 30014

2 Balances due to other insurance

companies

41049 259771

3 Deposits held on re-insurance

ceded

0 0

4 Premiums received in advance 246113 708270

5 Unallocated Premium

6 Sundry creditors 126413 132035

7 Unclaimed Amount 159358 74427

8 Due to subsidiaries/ holding

company

9 Claims Outstanding 28132096 20787493

10 Due to Officers/ Directors

11 Premium Deficiency 0 0

12 Others

Service Tax Liability 137918 0

Tax deducted payable 6525 13326

GST 550 506

Other Statutory dues 2770 2790

Solatium Fund 22339 12693

Salary Payable 38925 38271

Audit Fee Payable 294 27Miscellaneous 14389 630

TOTAL 28964167 22060252

FORM NL-17-CURRENT LIABILITIES SCHEDULE


19/44

PROVISIONS


(Rs.000). (Rs.000).

1 Reserve for Unexpired Risk 7305314 4821653

2 For taxation (less advance tax paid and

taxes deducted at source)

3131 159143

3 For proposed dividends 0 0

4 For dividend distribution tax 0 0

5 Others (to be specified) 0 0

Provision for Retirement

Benefits/Employee Benefits

19186 14872

6 Reserve for Premium Deficiency

TOTAL 7327631 4995668

FORM NL-18-PROVISIONS SCHEDULE


20/44

MISCELLANEOUS EXPENDITURE

(To the extent not written off or adjusted)


(Rs.000). (Rs.000).

1 Discount Allowed in issue of shares/

debentures - -

2 Others (to be specified) - -TOTAL

FORM NL-19 MISC EXPENDITURE SCHEDULE


21/44

NL-21-Liab IRDA Periodic Disclosures

Insurer: Date:

(Rs in Lakhs)

Sl.No. ParticularReserves for

unexpired risks

Reserve for

Outstanding ClaimsIBNR Reserves Total Reserves

Reserves for

unexpired risks

Reserve for

Outstanding ClaimsIBNR Reserves Total Reserves

1 Fire 178 102 4 284 178 102 4 284

2 Marine

a Marine Cargo 25 12 21 58 25 12 21 58

b Marine Hull 0 0 0 0 0 0 0 0

3 Miscellaneous

a Motor 47816 81296 126301 255413 47816 81296 126301 255413

b Engineering 100 35 22 157 100 35 22 157

c Aviation 0 0 0 0 0 0 0 0

d Liabilities 23 4 6 33 23 4 6 33

e Others 75 57 14 146 75 57 14 146

4 Health Insurance 0 0 0 0 0 0 0 05 Total Liabilities 48217 81506 126368 256091 48217 81506 126368 256091

PERIODIC DISCLOSURESFORM NL-21 Statement of Liabilities

Shriram General Insurance Co. Ltd As at 30.6.2013

Statement of LiabilitiesAs At 30.6.2013 As At 30.6.2012

Page 21 of 44


22/44

NL-22-Geog Dist Bsns IRDA Periodic Disclosures

FORM NL-22 Geographical Distribution of Business

Insurer: Shriam General Insurance Co. Ltd. Date:

GROSS DIRECT PREMIUM UNDERWRITTEN FOR THE QUARTER:

(Rs in Lakhs)

STATES

For the

qtr

Upto

the qtr

For

the qtr

Upto

the qtr

For

the qtr

Upto

the qtr

For

the qtr

Upto

the qtr

For the

qtr

Upto the

qtr

For the

qtr

Upto the

qtr

For

the qtr

Upto

the qtr

For the

qtr

Upto the

qtr

For the

qtr

Upto

the qtr

For

the qtr

Upto

the qtr

For

the qtr

Upto

the qtr

For the

qtr

Upto

the qtr

For the

qtr

Upto the

qtr

Andhra Pradesh 10.24 10.24 0.07 0.07 N.A N.A 14.67 14.67 1983.08 1983.08 3574.51 3574.51 1.96 1.96 2.75 2.75 N.A N.A N.A N.A N.A N.A 2.56 2.56 5589.85 5589.85

Arunachal Pradesh 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 0.00 0.00

Assam 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 69.16 69.16 142.04 142.04 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 211.20 211.20

Bihar 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 285.15 285.15 436.49 436.49 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 721.64 721.64

CHATTISGARH 0.27 0.27 0.00 0.00 N.A N.A 0.63 0.63 261.10 261.10 394.97 394.97 0.66 0.66 0.01 0.01 N.A N.A N.A N.A N.A N.A 0.20 0.20 657.84 657.84

Goa 0.01 0.01 0.00 0.00 N.A N.A 0.00 0.00 6.27 6.27 14.15 14.15 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.05 0.05 20.48 20.48

Gujarat 2.70 2.70 0.18 0.18 N.A N.A 1.26 1.26 477.02 477.02 958.55 958.55 2.32 2.32 0.35 0.35 N.A N.A N.A N.A N.A N.A 0.18 0.18 1442.56 1442.56

Haryana 1.29 1.29 0.08 0.08 N.A N.A 9.31 9.31 434.31 434.31 717.46 717.46 1.80 1.80 0.25 0.25 N.A N.A N.A N.A N.A N.A 1.14 1.14 1165.63 1165.63

Himachal Pradesh 0.40 0.40 0.00 0.00 N.A N.A 0.80 0.80 227.75 227.75 418.97 418.97 3.55 3.55 0.57 0.57 N.A N.A N.A N.A N.A N.A 0.03 0.03 652.06 652.06JAMMU KASHMIR 0.03 0.03 0.00 0.00 N.A N.A 0.42 0.42 86.41 86.41 146.98 146.98 0.07 0.07 0.07 0.07 N.A N.A N.A N.A N.A N.A 0.12 0.12 234.09 234.09

Jharkhand 1.02 1.02 0.08 0.08 N.A N.A 3.44 3.44 148.54 148.54 255.90 255.90 0.56 0.56 0.07 0.07 N.A N.A N.A N.A N.A N.A 0.27 0.27 409.88 409.88

Karnataka 4.46 4.46 0.01 0.01 N.A N.A 8.15 8.15 1110.20 1110.20 2390.72 2390.72 0.00 0.00 0.24 0.24 N.A N.A N.A N.A N.A N.A 0.09 0.09 3513.88 3513.88

Kerala 0.01 0.01 0.01 0.01 N.A N.A 0.11 0.11 257.26 257.26 787.23 787.23 0.00 0.00 0.19 0.19 N.A N.A N.A N.A N.A N.A 0.04 0.04 1044.86 1044.86

Madhya Pradesh 0.84 0.84 0.00 0.00 N.A N.A 4.76 4.76 565.72 565.72 995.18 995.18 0.96 0.96 0.24 0.24 N.A N.A N.A N.A N.A N.A 1.93 1.93 1569.63 1569.63

MAHARASHTRA 14.43 14.43 0.28 0.28 N.A N.A 10.93 10.93 1218.63 1218.63 2326.25 2326.25 3.51 3.51 25.01 25.01 N.A N.A N.A N.A N.A N.A 4.53 4.53 3603.58 3603.58

Manipur 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 0.00 0.00

MEGHALAYA 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 1.47 1.47 2.71 2.71 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 4.18 4.18

Mizoram 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 0.00 0.00

Nagaland 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 2.06 2.06 2.46 2.46 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 4.52 4.52

Orissa 0.07 0.07 0.00 0.00 N.A N.A 0.00 0.00 193.09 193.09 419.08 419.08 0.00 0.00 0.02 0.02 N.A N.A N.A N.A N.A N.A 0.00 0.00 612.25 612.25

Punjab 1.02 1.02 0.00 0.00 N.A N.A 0.34 0.34 221.06 221.06 364.36 364.36 0.07 0.07 0.12 0.12 N.A N.A N.A N.A N.A N.A 0.23 0.23 587.21 587.21

Rajasthan 4.30 4.30 1.16 1.16 N.A N.A 13.47 13.47 827.57 827.57 1506.40 1506.40 3.60 3.60 0.50 0.50 N.A N.A N.A N.A N.A N.A 2.28 2.28 2359.29 2359.29

Sikkim 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 6.86 6.86 14.40 14.40 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 21.26 21.26

Tamil Nadu 166.37 166.37 24.68 24.68 N.A N.A 35.43 35.43 1649.90 1649.90 3762.63 3762.63 18.33 18.33 25.92 25.92 N.A N.A N.A N.A N.A N.A 109.44 109.44 5792.71 5792.71

Tripura 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 13.02 13.02 43.88 43.88 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 56.91 56.91

Uttar Pradesh 5.10 5.10 0.72 0.72 N.A N.A 33.58 33.58 1485.21 1485.21 2392.13 2392.13 2.95 2.95 1.83 1.83 N.A N.A N.A N.A N.A N.A 13.01 13.01 3934.53 3934.53

UTTARAKHAND 0.26 0.26 0.00 0.00 N.A N.A 0.00 0.00 113.67 113.67 228.99 228.99 0.42 0.42 0.15 0.15 N.A N.A N.A N.A N.A N.A 0.08 0.08 343.56 343.56

West Bengal 10.10 10.10 0.00 0.00 N.A N.A 1.57 1.57 306.64 306.64 624.83 624.83 0.11 0.11 0.16 0.16 N.A N.A N.A N.A N.A N.A 0.30 0.30 943.71 943.71

Andaman & Nicobar Is. 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 0.00 0.00

Chandigarh 0.12 0.12 0.00 0.00 N.A N.A 0.00 0.00 8.96 8.96 18.41 18.41 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 27.50 27.50

Dadra & Nagra Haveli 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 1.37 1.37 2.72 2.72 0.05 0.05 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 4.15 4.15

Daman & Diu 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 0.65 0.65 1.06 1.06 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 1.71 1.71

Delhi 3.61 3.61 0.42 0.42 N.A N.A 2.71 2.71 309.14 309.14 455.47 455.47 1.28 1.28 0.41 0.41 N.A N.A N.A N.A N.A N.A 2.55 2.55 775.60 775.60

Lakshadweep 0.00 0.00 0.00 0.00 N.A N.A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 0.00 0.00

PONDICHERRY 2.60 2.60 0.00 0.00 N.A N.A 0.00 0.00 23.76 23.76 68.96 68.96 0.00 0.00 0.00 0.00 N.A N.A N.A N.A N.A N.A 0.00 0.00 95.32 95.32

Total 229.25 229.25 27.69 27.69 0.00 0.00 141.59 141.59 12295.03 12295.03 23467.91 23467.91 42.20 42.20 58.88 58.88 0.00 0.00 0.00 0.00 0.00 0.00 139.05 139.05 36401.60 36401.60

Personal

Accident

Medical

Insurance

Overseas

medical

Insurance

Crop

Insurance

All Other

Miscellaneous Grand Total

PERIODIC DISCLOSURES

30.06.2013

Fire

Marine

(Cargo) Marine (Hull) Engineering Motor Own Damage Motor Third Party

Liability

insurance

Page 22 of 44


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NL-23-Risk RI Conc IRDA Periodic Disclosures

Insurer: SHRIRAM GENERAL INSURANCE CO. LTD. Date: 30-06-2013

(Rs in Lakhs)

S.No. Reinsurance Placements

Proportional Non-Proportional Facultative

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

2 No. of Reinsurers with rating AA but less than AAA 1 37.82 1.28%

3 No. of Reinsurers with rating A but less than AA 4 78.97 15.99 2.33 3.28%

4 No. of Reinsurers with rating BBB but less than A 5 2435.31 102.19 23.44 86.39%

5 No. of Reinsurres with rating less than BBB 5 226.52 41.71 9.05%

6 Total 2778.62 159.89 25.77


Reinsurance Risk Concentration

No. of

reinsurers

Premium ceded to reinsurers Premium

ceded to

reinsurers /

Total

reinsurance

premium

ceded (%)

FORM NL-23 Reinsurance Risk Concentration

Page 23 of 44


24/44

NL-24-Age Clm IRDA Periodic Disclosures

Insurer: SHRIRAM GENERAL INSURANCE COMPANY LIMITED Date:

(Rs in Lakhs)

Line of Business

Total No.

of claims

paid

Total

amount of

claims paid1 month 1 - 3 months 3 - 6 months 6 months - 1 year > 1 year

1 Fire 0 1 6 10 1 18 13.84

2 Marine Cargo 0 0 1 1 0 2 2.483 Marine Hull 0 0 0 0 0 0 0.00

4 Engineering 0 3 2 1 0 6 5.28

5 Motor OD 1660 7801 1407 293 134 11295 3732.12

6 Motor TP 2 5 16 38 196 257 510.14

7 Health 0 0 0 0 0 0 0.00

8 Overseas Travel 0 0 0 0 0 0 0.00

9 Personal Accident 10 5 1 0 0 16 23.70

10 Liability 0 1 0 1 0 2 0.06

11 Crop 0 0 0 0 0 0 0.00

12 Miscellaneous 1 4 4 4 0 13 16.47


30.06.2013

.

Sl.No.No. of claims paid

FORM NL-24 Ageing of Claims

Page 24 of 44


25/44

NL-25-Clm Data IRDA Periodic Disclosures

Insurer: SHRIRAM GENERAL INSURANCE COMPANY LIMITED Date: 30.06.2013

No. of claims only

Sl. No. Claims Experience FireMarine

Cargo

Marine

Hull

Engineeri

ng

Motor

ODMotor TP Health

Overseas

Travel

Personal

AccidentLiability Crop Credit

Miscellan

eousTotal

1 Claims O/S at the beginning of the period 26 9 0 20 11428 4723 0 0 17 9 0 0 36 16268

2 Claims reported during the period 12 3 0 19 16765 3545 0 0 27 2 0 0 22 20395

3 Claims Settled during the period 18 2 0 6 11295 257 0 0 16 2 0 0 13 11609

4 Claims Repudiated during the period 0 0 0 0 1007 0 0 0 0 0 0 0 0 1007

5 Claims closed during the period 3 2 0 1 1948 425 0 0 7 2 0 0 1 2389

6 Claims O/S at End of the period 17 8 0 32 13943 7586 0 0 21 7 0 0 44 21658

Less than 3 months 9 1 0 16 9068 2016 0 0 10 1 0 0 18 11139

3 months to 6 months 4 1 0 6 2231 1334 0 0 1 4 0 0 6 3587

6 months to 1 year 1 1 0 4 1071 1580 0 0 4 2 0 0 7 2670

1 year and above 3 5 0 6 1573 2656 0 0 6 0 0 0 13 4262

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


Page 25 of 44


26/44

Insurer : Shriram General Insurance Co. Ltd.Solvency for the quarter ended 30.06.2013

Required solvency margin based on net premium and net incurred claims (Rs. in Lacs)

RSM

1 Fire 1432.79 677.57 680.53 380.21 143.28 114.06 143.28

2 Marine Cargo 163.26 19.96 109.96 30.80 19.59 41.40 41.40

3 Marine Hull 0.00 0.00 0.00 0.00 0.00 0.00 0.00

4 Motor 155165.34 140996.58 106188.26 104034.24 28199.32 31210.27 31210.27

5 Engineering 645.15 308.72 152.46 138.80 64.51 41.64 64.516 Aviation 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7 Laibilities 102.22 87.91 19.35 19.27 17.58 5.78 17.58

8 Others 885.53 259.35 494.89 255.51 123.97 103.93 123.97

9 Health 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total 158394.29 142350.09 107645.45 104858.83 28568.25 31517.08 31601.01

Gross

incurred claim

Net

incurred

Claim RSM-1 RSM-2

FORM NL-26 - CLAIMS INFORMATION - KG Table I

Item

No. Description

PREMIUM

Gross

Premium

Net

Premium


27/44

NL-27-Off Op IRDA Periodic Disclosures

FORM NL-27 Offices information for Non-Life

Insurer:

Shriram General Insurance

Co. Ltd. Date: 30.06.2013

Sl. No.

1

2

3

Out of approvals of

previous year

4

Out of approvals of this

year5

6

7

8

9 No. of urban branches 92

No. of branches opened

during the quarter

2

0

No. of rural branches 0

No. of branches closed during the quarter 1

No of branches at the end of the quarter 92

No. of branches approved but not opened 0


Office Information Number

No. of offices at the beginning of the quarter 91

0No. of branches approved during the quarter

Page 27 of 44


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Company Name: SHRIRAM GENERAL INSURANCE COMPANY LIMITED Code : 137

Statement as on: June 30, 2013

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

(Business within India)

Periodicity of Submission: Quarterly

Rs. In Lakhs

No PARTICULARS SCH AMOUNT

1 Investments 8 219789.8

2 Loans 9 0

3 Fixed Assets 10 2114.00

4 Current Assets 0.00

a. Cash & Bank Balance 11 27256.00

b. Advances & Other Assets 12 162134.00

5 Current Liabilities 0.00

a. Current Liabilities 13 289641.60

b. Provisions 14 73276.00

c. Misc. Exp not Written Off 15 -

d. Debit Balance of P&L A/c 0

Application of Funds as per Balance Sheet (A) 774211.4

Less: Other Assets SCH Amount

1 Loans (if any) 9 0

2 Fixed Assets (if any) 10 2114.00

3 Cash & Bank Balance (if any) 11 27256.00

4 Advances & Other Assets (if any) 12 162134.00

5 Current Liabilities 13 289641.60

6 Provisions 14 73276.00

7 Misc. Exp not Written Off 15

8 Debit Balance of P&L A/c 0.00

TOTAL (B) 554421.60

'Investment Assets' As per FORM 3B (A-B) 219789.80

Note: Cash & Bank Balance include investment in Fixed Deposits with

scheduled Banks of Rs. 17904.00 Lacs and Advances and other assets

includes application money of Rs. 198 Lac.

PERIODIC DISCLOSURESFORM NL-28-STATEMENT OF ASSETS - 3B


29/44

Balance FRSM+

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

1 G. Sec.Not less than

20%13214.86 42023.24 55238.10 25.13% - 55238.10 57,962.56

2 G. Sec or Other Apporved Sec. (incl. (1) above)Not less than

30%13214.86 69280.70 82495.56 37.53% - 82495.56 86,593.73

3 Investment subject to Exposure Norms 0.00 0.00 -

1. 'Housing & Loans to SG for Housing and FFE, Infrastructure

Investments

Not less than

15%10775.00 80854.69 91629.69 41.69% - 91629.69 94,376.35

2. Approved Investments 11598.00 34066.49 45664.49 20.78% - 45664.49 46,018.25

3. Other Investments (not exceeding 25%) 0.00 27000.00 27000.00 - 27000.00 27,000.00

4. Advances and other assets (fund receivable from insurers as per

clean cut settlement of India Motor Third Party Insurance Pool)0.00 143172.00 143172.00 143172.00 143172.00

Total Investment Assets 100.00% 0.00 35587.86 354373.88 389961.74 100.00% 0.00 389961.74 397160.33

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

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

(A

) Book Value shall not include funds beyond Solvency Margin

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

PHBook Value

(SH + PH)%

Actual

FVC

AmountTotal

Market Value

Not

exceeding

55%

No 'Investment' represented as Reg. %

SH


30/44

NL-29-Debt Sec IRDA Periodic Disclosures

Insurer: Date: 30.06.2013

As at 30.06.2013as % of total for

this class

as at 31 March Of

the previous year

as % of total for

this classAs at 30.06.2013

as % of total for

this class

as at 31 March Of

the previous year

as % of total for

this class

Break down by credit rating

AAA rated 106304.72 46.83 99749.97 50.76 103338.16 47.02 98124.27 50.83

AA or better 10688.54 4.71 12188.32 6.20 10554.75 4.80 12103.80 6.27

Rated below AA but above A

Rated below A but above B

Any other

a) Sovereign Paper 83009.46 36.57 74884.75 38.11 78995.56 35.94 73311.11 37.98

b) Govt. Guaranteed Paper 3584.27 1.58 3685.17 1.88 3500.00 1.59 3500.00 1.81

b) Deposit with Scheduled

Banks23401.34 10.31 6001.34 3.05 23401.34 10.65 6001.34 3.11

TOTAL 226988.33 100.00 196509.56 100 219789.81 100.00 193040.52 100.00

BREAKDOWN BY

RESIDUALMATURITY

Up to 1 year 11161.37 4.92 7213.41 3.67 11159.03 5.08 7204.04 3.73

more than 1 yearand upto

3years57208.01 25.20 42740.95 21.75 56646.67 25.77 42454.57 21.99

More than 3years and up to

7years52889.87 23.30 44275.15 22.53 51686.81 23.52 43505.07 22.54

More than 7 years and up to

10 years51273.53 22.59 46769.22 23.80 48768.72 22.19 45481.80 23.56

above 10 years 54455.55 23.99 55510.83 28.25 51528.58 23.44 54395.04 28.18

TOTAL 226988.33 100.00 196509.56 100.00 219789.81 100.00 193040.52 100.00

Breakdown by type of theissurer

a. Central Government 57962.56 25.54 53650.98 27.30 55238.10 25.13 52561.96 27.23

b. State Government 28631.16 12.61 24918.94 12.68 27257.45 12.40 24249.16 12.56

c.Corporate Securities 107671.76 47.43 104510.98 53.18 104684.45 47.63 102873.48 53.29

d. Scheduled Commercial

Banks28618.18 12.61 11178.18 5.69 28505.14 12.97 11105.46 5.75

e. Mutual Fund - Liquid Funds 4104.67 1.81 2250.47 1.15 4104.67 1.87 2250.47 1.17

TOTAL 226988.33 100.00 196509.56 100.00 219789.81 100.00 193040.52 100

0 0


Detail Regarding debt securitiesMARKET VALUE Book Value

Shriram General Insurance Company Limited

FORM NL -29 Detail regarding debt securities

Page 30 of 44


31/44

NL-30-Ana Rat IRDA Periodic Disclosures

Insurer: Shriram General Insurance Company Limited As on 30.6.2013

Sl.No. Particular

FOR THE QUARTER

April 2013 to June

2013

UP TO THE

QUARTER -June

2013

FOR THEQUARTER-

April 2012 to

June 2012

UP TO THE

QUARTER -June

2012

1 Gross Premium Growth Rate -76% -76% 41% 41%

2 Gross Premium to shareholders' fund ratio 74% 74% 96% 96%

3 Growth rate of shareholders'fund 9% 9% 47% 47%

4 Net Retention Ratio 94% 94% 94% 94%

5 Net Commission Ratio 3% 3% 3% 3%

6 Expense of Management to Gross Direct Premium Ratio 11% 11% 13% 13%

7 Combined Ratio 102% 102% 32% 32%

8 Technical Reserves to net premium ratio 1035% 1035% 829% 829%

9 Underwriting balance ratio -7% -7% -8% -8%

10 Operating Profit Ratio 13% 13% 21% 21%11 Liquid Assets to liabilities ratio 52% 52% 73% 73%

12 Net earning ratio 11% 11% 9% 9%

13 return on net worth ratio 8% 8% 8% 8%

14Available Solvency margin Ratio to Required Solvency

Margin Ratio1.52 1.52 1.90 1.90

15 NPA Ratio

Gross NPA Ratio NIL NIL NIL NIL

Net NPA Ratio NIL NIL NIL NIL

1 (a) No. of shares 258000000 258000000 148000000 148000000

2 (b) Percentage of shareholding (Indian / Foreign) 100/0 100/0 74 / 26 74 / 26

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

insurance companies)0 0 0 0

4(a) Basic and diluted EPS before extraordinary items (net of

tax expense) for the period (not to be annualized)1.50 1.50 1.89 1.89

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

expense) for the period (not to be annualized)1.50 1.50 1.89 1.89

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

Note :

* Plans are afoot to meet the Solvency requirement


Analytical Ratios for Non-Life companies

Equity Holding Pattern for Non-Life Insurers

FORM NL-30 Analytical Ratios

Page 31 of 44


32/44

NL-31-Rel Par IRDA Periodic Disclosures

Insurer: Shriram General Insurance Company Limited Date 30.6.2013

(Rs in Lakhs)

For the quarterup to the

Quarter

Correspodning

quarter of the

preceeding year

up to the Quarter

of the prceeding

year

1 Jasmit Singh GujralManaging Director &

CEORemuneration 10.41 10.41 6.30 6.30

2 Jasmit Singh GujralManaging Director &

CEOPremium Received

0.25 0.25 0.00 0.00

3 Shriram Capital Limited Holding company Rent 3.62 3.62 3.54 3.54

4 Shriram Capital Limited Holding company Other expenses 0.93 0.93 1.16 1.165 Shriram Capital Limited Holding company Share Capital 0.00 0.00 1982.00 1982.00

6 Shriram Capital Limited Holding companyShare application

money 0.00 0.00 8140.00 8140.00

7 Shriram Capital Limited Holding company Premium Received 0.40 0.40 10.35 10.35

8 Sanlam Limited Foreign Promoter Share Capital 0.00 0.00 696.38 696.38

9 Shriram City Union Finance Co. ltd. Associate Concern Rent 0.30 0.30 0.30 0.30

10 Shriram City Union Finance Co. ltd. Associate Concern Premium Received 35.35 35.35 24.29 24.29

11 Shriram City Union Finance Co. ltd. Associate Concern Claim760.78 760.78 0.00 0.00

12 Shriram City Union Finance Co. ltd. Associate Concern Investment inDebentures & Bonds

0.00 0.00 99.41 99.41

13 Shriram City Union Finance Co. ltd. Associate Concern Application of Bonds 0.00 0.00 98.00 98.00

14 Shriram City Union Finance Co. ltd. Associate ConcernInterest on

Debenture & Bonds34.62 34.62 22.98 22.98

15Shriram Life Insurance Company

LimitedAssociate Concern Premium Received

0.12 0.12 0.00 0.00

16 Shriram Fortune Solutions Ltd Associate Concern Claim 12.81 12.81 18.82 18.82

PERIODIC DISCLOSURESFORM NL -31 : Related Party Transactions

Related Party Transactions

Sl.No. Name of the Related PartyNature of Relationship

with the Company

Description of

Transactions /

Categories

Consideration paid / received

Page 32 of 44


33/44

NL-31-Rel Par IRDA Periodic Disclosures

PERIODIC DISCLOSURESFORM NL -31 : Related Party Transactions

17Bharat Re- Insurance Services Pvt

Ltd.Associate Concern Commission 72.01 72.01 33.67 33.67

18 Bharat Re- Insurance Services PvtLtd.

Associate Concern Premium Received 13.78 13.78 0.00 0.00

19Bharat Re- Insurance Services Pvt

Ltd.Associate Concern Claim 0.30 0.30 0.00 0.00

20Shriram Transport Finance

Company Ltd.Associate Concern

Investment in

Debentures & Bonds1800.00 1800.00 99.42 99.42


Company Ltd.Associate Concern

Interest on

Debenture & Bonds230.30 230.30 109.44 109.44


Company Ltd.Associate Concern Premium Received

68.69 68.69 33.18 33.18


Company Ltd.Associate Concern Claim 96.67 96.67 75.17 75.17

24 Shriram Housing Finance Ltd Associate Concern Rent Received 0.65 0.65 0.65 0.65

25 Shriram Housing Finance Ltd Associate Concern Expenses Received 0.14 0.14 0.00 0.00

26Shriram Investments Holding

LimitedAssociate Concern Premium Received

0.001 0.001 0.00 0.00

27Shriram Equipment Finance

Company LimitedAssociate Concern Premium Received

0.14 0.14 0.00 0.00

28 Shriram Automall India Limited Associate Concern Claim 20.77 20.77 0.00 0.00

Page 33 of 44


34/44

NL-32-Prod IRDA Periodic Disclosures

Insurer: Date: 30.06.2013

List below the products and/or add-ons introduced during the period

Sl. No. Name of Product Co. Ref. No. IRDA Ref.no.Class of

Business*

Category of

product

Date of filing of

Product

Date IRDA

confirmed

filing/ approval


Products Information

FORM NL -32 Products Information

Shriram General Insurance Co. Ltd.

Page 34 of 44


35/44

Insurer: Shriram General Insurance Co. Ltd.

Solvency for the Quarter ended 30.06.2013

Available Solvency Margin and Solvency Ratio

(Rs. in Lacs)

Item Description Notes No. Amount

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

1 Available Assets in Policyholders Funds (adjusted valueof Assets as mentioned in Form IRDA-Assets-AA): 356835.23

Deduct:

2 Liabilities (reserves as mentioned in Form HG) 354374.10

3 Other Liabilities (other liabilities in respect of 2461.13

Policyholders Fund as mentioned in Balance Sheet)

4 Excess in PolicyholdersFunds (1-2-3) 0.00

5 Available Assets in Shareholders Funds (value of

Assets as mentioned in Form IRDA-Assets-AA): 54112.65

Deduct:

6 Other Liabilities (other liabilities in respect of

Shareholders Fund as mentioned in Balance Sheet) 6082.76

7 Excess in ShareholdersFunds (5-6) 48029.89

8 Total Available Solvency Margin [ASM] (4+7) 48029.89

9 Total Required Solvency Margin [RSM] 31601.02

FORM NL-33 - SOLVENCY MARGIN - KGII

TABLE - II



36/44

NL-34-BOD IRDA Periodic Disclosures

Insurer: SHRIRAM GENERAL INSURANCE CO. LTD. Date: 30.06.2013

Sl. No. Name of person Role/designation

1 P.S. GOPALAKRISHNAN DIRECTOR

2 JASMIT SINGH GUJRAL MANAGING DIRECTOR & CEO

3 G ANANTHARAMAN DIRECTOR

4 MATHEW VERGHESE DIRECTOR

5 C.M. DIXIT DIRECTOR

6 G.S. SUNDARAJAN DIRECTOR

7 HENDRI M. NIGRINI DIRECTOR

8 STEPHANUS PHILIPUS MOSTERT ADDITIONAL DIRECTOR

9 GAURAV TREHAN DIRECTOR

10 P.A. BALASUBRAMANIAN APPOINTED ACTUARY

11 ANIL KUMAR AGGARWAL CHIEF FINANCIAL OFFICER

12 NEERAJ PRAKASH CHIEF MARKETING OFFICER

13 ASHWANI DHANAWAT CHIEF INVESTMENT OFFICER

14 NISHA BANSAL CHIEF INTERNAL AUDITOR

Key Pesons as defined in IRDA Registration of Companies Regulations, 2000


BOD and Key Person informationDetails of change in the period

FORM NL -34: Board of Directors & Key Person

Page 36 of 44


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Co mp an y N am e : S hr ir am G en er al I ns ur an ce C o. L td. C od e : 1 37

Statement as on: June 30, 2013 General Business

Details of Investment Portfolio

Periodicity of Submission : Quarterly

%

Has there

been

revision?

AmountBoard

Approval Ref

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.


Name of the Fund

COI Company NameInstrument

Type

Interest Rate

Total O/s

(Book Value)

Default

Principal

(Book Value)

Default

Interest

(Book Value)

FORM NL-35-NON PERFORMING ASSETS-7A

NIL

ClassificationProvision

(%)Provision (Rs)

Principal

Due from

Interest Due

from

Deferred

Principal

Deferred

Interest

Rolled

Over?

Has there been any


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Company Name : Shriram General Insurance Company Limited Code : 137

Statement as on: June 30, 2013 Name of the Fund : General Business

Statement of Investment and Income on I nvestment

Periodicity of Submission: Quarterly Rs. Lakhs

Book Value

Market

Value Book Value

Market

Value Book Value

Market

Value

1 G - Sec (Central Govt Securities)

Central Government Bonds CGSB 54,184.75 56,833.48 1,134.36 2.10 1.42 54,184.75 56,833.48 1,134.36 2.10 1.42 51,509.85 52556.85 3,277.00 8.38 5.66

Depost under Section 7 of Insurance Act,

1938 CDSS 1,053.35 1,129.08 22.97 2.14 1.45 1,053.35 1,129.08 22.97 2.14 1.45 1,053.00 1094.13 92.00 8.57 5.79

Treasury Bills CTRB

Central Government Guaranteed Loans CGSL

Special Deposits CSPD

2

G - Sec (State Govt Securties) or Other

Approved Sec/Guaranteed Sec

State Government Bonds SGGB 23,757.45 23,757.45 510.21 2.16 1.46 23,757.45 23,757.45 510.21 2.16 1.46 20,749.15 21233.87 768.00 8.72 5.89

State Guaranteed Loans SGGL 3,500.00 3,584.27 84.87 2.43 1.64 3,500.00 3,584.27 84.87 2.43 1.64 3,500.00 3685.17 340.00 9.70 6.55

3 Investments Subject to Exposure Norms

(a) Housing & Loans to State Govt. for Housing / FFE

Bonds / Debentures ssued by HUDCO HTHD 1,350.00 1,358.29 30.02 2.23 1.51 1,350.00 1,358.29 30.02 2.23 1.51 1,350.00 1351.711 49.00 8.92 6.03

Bonds / Debentures issued byNHB/Institutions accredited to NHB HTDN 24,212.86 24,487.62 558.09 2.35 1.59 24,212.86 24,487.62 558.09 2.35 1.59 24,218.00 24376.42 1,876.00 9.47 6.40

Bonds / Debentures ssued by HUDCO HFHD 2,000.00 2,172.22 37.45 1.88 2.78 2,000.00 2,172.22 37.45 1.88 2.78 2,000.00 2075.151 18.00 7.51 7.51Bonds / Debentures ssued by

NHB/nsttutons accredted to NHB HFDN

Bonds / Debentures ssued by Authorty

consttuted under any Housng / Buldng

Scheme approved by Central / State / any

Authorty or Body consttuted by Central /

State Act HFDA

4 (b) Infrastructure Investments

TAXABLE BONDS OF

Infrastructure / Social Sector - PSU -

Debentures / Bonds IPTD 51,266.23 52,714.20 1,182.82 2.32 1.57 51,266.23 52,714.20 1,182.82 2.32 1.57 51,251.00 52236.94 3,957.00 9.28 6.27

Infrastructure/ Socal Sector - Other

Corporate Securtes (Approved nvestments) -

Debentures/ Bonds ICTD 1,500.00 1,524.23 31.73 2.12 1.43 1,500.00 1,524.23 31.73 2.12 1.43 1,500.00 1508.623 134.00 8.48 5.73Infrastructure / Socal Sector - PSU -

Debentures / Bonds IPFD 11,300.62 12,119.80 207.56 1.84 2.73 11,300.62 12,119.80 207.56 1.84 2.73 11,301.00 11623.579 226.00 7.37 7.37

5 ( c) Approved Investments

Corporate Securites - Bonds - (Taxable) EPBT 10,055.90 10,055.90 264.93 2.66 1.79 10,055.90 10,055.90 264.93 2.66 1.79 8,255.00 8255.00 763.00 10.68 7.21Corporate Securites (Approved Investment)

- Debentures ECOS 2,998.86 3,115.68 70.83 2.37 1.60 2,998.86 3,115.68 70.83 2.37 1.60 2,999.00 3083.47 250.00 9.47 6.40

Deposits - Deposit wth scheduled banks ECDB 23,401.34 23,401.34 246.78 2.17 1.46 23,401.34 23,401.34 246.78 2.17 1.46 6001.00 6001.00 1,051.00 9.58 6.47

Perpetual Debt Instruments of Tier &

Capital Issued by PSU Banks EUPD 4,664.06 4,757.79 106.04 2.28 1.54 4,664.064,757.79

106.04 2.28 1.54 4,664.004720.3248

364.00 9.13 6.17

Perpetual Debt Instruments of Tier &

Capital Issued by NON PSU Banks EPPD 439.74 459.05 10.97 2.50 1.69 439.74 459.05 10.97 2.50 1.69 439.70 456.52 44.00 10.00 6.76

Liquid Fund - MF OMLF 4,104.67 4,104.67 41.01 1.54 2.28 4,104.67 4,104.67 41.01 1.54 2.28 2,250.00 2,250.00 128.00 6.89 6.89

Application Money ECAM - -

Investment (Rs.)Income on

Investment

(Rs.)

Net Yield

(%)

Previous YearYear to Date


Category of Investment

FORM NL-36-YIELD ON INVESTMENTS 1

Gross

Yield (%)

Net Yield

(%)

Gross

Yield (%)

Category

Code

Current Quarter

Income on

Investment

(Rs.)

No.Investment (Rs.) Income on

Investment

(Rs.)

Gross Yield

(%)

Net Yield

(%)

Investment (Rs.)


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6 (d) Other Investments

Liquid Fund - MF OMLF

TOTAL 2,19,789.83 2,25,575.06 4,540.64 2.27 1.60 2,19,789.83 2,25,575.06 4,540.64 2.27 1.60 1,93,040.70 1,96,508.75 13,466.00 9.19 6.62

Note:

The Yield given are absolute

1

2 Yield netted for Tax3 FORM-1 shall be prepared in respect of each fund.

Category of Investment (COI)are as per Guidelines

To be calculated based on Monthly or lesser frequency 'Weighted Agerage' of Investments


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Company Name: Shriram General Insurance Co. Ltd. Code : 137

Statement as on: June 30, 2013 Name of Fund - General BusinessStatement of Down Graded Investments

Periodicity of Submission: Quarterly

Rs. Lakhs

No Name of the Security COI AmountDate of

PurchaseRating Agency

Original

Grade

Current

Grade

Date of

DowngradeRemarks

A. During the Quarter

NIL

B. As on Date

Note:

1 Provide details of Down Graded Investments during the Quarter.

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

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

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

FORM NL-37-DOWN GRADING OF INVESTMENT-2



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Insurer: Shriram General Insurance Co. Ltd. Date: 30.06.2013

(Rs in Lakhs)

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

1 Fire 229.25 1222 160.12 502 229.25 1222 160.12 502

2 Cargo & Hull 27.69 158 35.28 327 27.69 158 35.28 327

3 Motor TP 23467.91 337476 19776.68 372468 23467.91 337476 19776.68 372468

4 Motor OD 12295.03 327769 12666.24 370963 12295.03 327769 12666.24 370963

5 Engineering 141.59 345 87.16 121 141.59 345 87.16 121

6 Workmen's Compensation 28.20 214 10.78 64 28.20 214 10.78 64

7 Other's Liability 14.00 40 9.02 24 14.00 40 9.02 24

8 Aviation N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.

9 Personal Accident 58.88 2244 25.29 2387 58.88 2244 25.29 2387

10 Health N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.

11 Others* 139.05 1104 24.16 2242 139.05 1104 24.16 2242

Note:

1. Premium stands for amount of premium

2. The line of business which are not applicable for the company is filled up with NA.

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


same period of the previos year

Sl.No. Line of Business

Current Quarter Same Quarter previous year upto the period

Quarterly Business Returns across line of Business

FORM NL -38 Quarterly Business Returns across line of Business


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Insurer: Shriram General Insurance Co. Ltd. Date: 30.06.13

(Rs in Lakhs)

Sl.No. Line of Business Particular

No. of Policies

Issued/Lives Premium Collected Sum Assured

Rural 0 0 0

Social 0 0 0

Rural 0 0 0

Social 0 0 0

Rural 23039 1457.16 0Social 0 0 0

Rural 22633 852.67 80015.73

Social 0 0 0

Rural 0 0 0

Social 0 0 0

Rural 0 0 0

Social 0 0 0

Rural 0 0 0

Social 0 0 0

Rural 0 0 0

Social 0 0 0

Rural 0 0 0

Social 5022 0.70 1255.50

Rural 0 0 0

Social 0 0 0

Rural 0 0 0

Social 0 0 0


Rural & Social Obligations (Quarterly Returns)

1 Fire

2 Cargo & Hull

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

3 Motor TP

4 Motor OD

5 Engineering

6 Workmen's Compensation

7 Employer's Liability

8 Aviation

9 Personal Accident

10 Health

11 Others*


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Insurer: Shriram General Insurance Co. Ltd. Date 30.06.2013

(Rs in Lakhs)

1 Individual agents 35703 2241.42 40709 1739.86 35703 2241.42 40709 1739.86

2 Corporate Agents-Banks 0 0.00 0 0.00 0 0.00 0 0.00

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

4 Brokers 176759 27992.34 146881 22302.37 176759 27992.34 146881 22302.37

5 Micro Agents 0 0.00 0 0.00 0 0.00 0 0.00

6 Direct Business 130341 6167.84 190545 8752.50 130341 6167.84 190545 8752.50

Total (A) 342803 36401.60 378135 32794.73 342803 36401.60 378135 32794.73

1 Referral (B) 0 0 0 0 0 0 0 0

Grand Total (A+B) 342803 36401.5976 378135 32794.73 342803 36401.59764 378135 32794.73

Note:

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

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

FORM NL -40 Business Acquisition through different channels


Sl.No. Channels

Current Quarter Same quarter Previous Year Up to the period

Business Acquisition through different channels

Same period of the previous year

No. of

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


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PERIODIC DISCLOSURESFORM NL-41 GREIVANCE DISPOSAL

Insurer: SHRIRAM GENERAL INSURANCE CO. LTD. Date: 30.6.2013

GRIEVANCE DISPOSAL FOR THE PERIOD UPTO 30.06.2013 DURING THE FINANCIAL YEAR 2013-14

Sl No. Particulars

Fully Accepted Partial Accepted Rejected

1 Complaints made by cu sto mers

a) Proposal Related 0 1 0 0 1 0 1

b) Claim 1 59 21 0 35 3 59

c) Policy Related 0 5 1 0 4 0 5

d) Premium 0 1 1 0 0 0 1

e) Refund 0 1 0 0 1 0 1

f) Coverage 0 0 0 0 0 0 0

g) Cover Note Related 0 1 0 0 0 1 1

h) Product 0 0 0 0 0 0 0

i) others 0 3 1 0 2 0 3

Total Number 1 71 24 0 43 4 71

2 Total No. of policies during previous year: 1651764

3 Total No. of claims during previous year: 76460

4 Total No. of policies during current year: 342803

5 Total No. of Claims during current year: 24257

6

Total No. of Policy Complaints (current

year) as per 10,000 policies (current year): 0.35

7

Total No. of Claim Complaints (current

year) as per 10,000 claims registered

(current year):24.32

8 Duration wise Pen ding Statu s

customers

intermediaries Total

a) Upto 7 days 3 0 3

b) 7-15 days 1 0 1

c) 15-30days 0 0 0

d) 30-90 days 0 0 0

e) 90 days & Beyond 0 0 0

Total Number 4 0 4

* Opening balance should tally with the closing balance of the previous financial year.

Opening Balance * As

on beginning of thequarter

Additions during thequarter

Complaints Resolved/Settled during the

uarter

Complaints Pending

at the end of thequarter

Total

Complaints

registere

shriram financials - 1qfy2014

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