FORM NL-1-B-RA

Name of the Insurer: Tata AIG General Insurance Company Limited

IRDA Registration No. 108, dated January 22, 2001

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

(Rs. in '000s)
Particulars Schedule Year Ended Year Ended
March 31, 2010 March 31, 2009

Fire Marine Miscellaneous Total Fire Marine Miscellaneous Total

1 Premiums earned (Net) NL-4- 201,051 616,927 5,079,305 5,897,283 206,419 556,338 5,112,066 5,874,823
Premium
Schedule

2 Profit/ Loss on sale/redemption 4,830 11,719 98,919 115,468 729 1,647 13,373 15,749
of Investments
- -
3 Others 645 1,709 14,121 16,475 813 1,768 16,250 18,831
Co-insurance Administration income 2,007 338 538 2,883 1,240 863 477 2,580

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

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

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

1 Claims Incurred (Net) NL-5- 102,185 472,351 3,389,194 3,963,730 116,612 532,025 2,908,057 3,556,694
Claims
Schedule

2 Commission NL-6- (192,837) 14,738 400,949 222,850 (254,196) (7,026) 459,447 198,225
Commissio
n Schedule

3 Operating Expenses related to NL-7- 114,017 253,057 2,134,477 2,501,551 153,180 262,115 2,273,218 2,688,513
Insurance Business Operating
Expenses
Schedule
Contribution towards Solatium Fund 2,355 2,355 2,303 2,303

4 Premium Deficiency
Co-insurance Administration Fees 2,955 110 360 3,425 3,794 211 583 4,588
Motor pool Administration Fees - - 9,571 9,571 - - 17,343 17,343
TOTAL (B) 26,320 740,256 5,936,906 6,703,482 19,390 787,325 5,660,951 6,467,666
Operating Profit/(Loss) from 218,356 (70,342) (299,736) (151,722) 227,966 (187,786) (122,823) (82,643)
Fire/Marine/Miscellaneous
Business C= (A - B)
APPROPRIATIONS

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

Transfer to Catastrophe Reserve

Transfer to Other Reserves (to be
specified)
TOTAL (C) 218,356 (70,342) (299,736) (151,722) 227,966 (187,786) (122,823) (82,643)
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, 2010
Particulars Schedule Year Ended Year Ended
March 31, 2010 March 31, 2009
(Rs.’000) (Rs.’000)
1 OPERATING PROFIT/(LOSS)
(a) Fire Insurance 218,356 227,966
(b) Marine Insurance (70,342) (187,786)
(c ) Miscellaneous Insurance (299,736) (122,823)

2 INCOME FROM INVESTMENTS

(a) Interest, Dividend & Rent – Gross 222,290 217,855
(b) Profit on sale of investments 61,129 9,275
Less: Loss on sale of investments - -
(c) Amortization of Debt Securities (17,708) 1,280

3 OTHER INCOME (To be specified)

Claims Service Fees 3,388 5,664
Interest on Loan to Employees - -
Miscellaneous 612 2,787
TOTAL (A) 117,989 154,218

4 PROVISIONS (Other than taxation)

(a) For diminution in the value of investments
(b) For doubtful debts 17,553 51,245
(c) Others (to be specified) 2,922
Excess provision of earlier year written back (20,334) -

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

Amortization of Pre-operative Expenditure 238 -

Donation (202) 215
(Profit) / Loss on Sale / Write off of Fixed Assets (Net) - (764)

(b) Bad debts written off - 8,568

(c) Others (To be specified) - -

TOTAL (B) 177 59,264

Profit Before Tax 117,812 94,954

Prior Period Adjustments Account

Claims Incurred (Reinsurance Ceded) 70,000 -

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

Provision for Taxation

(a) Current tax [Incl. Interest Rs.('000s) 4,332 (Previous Year 4,477 91,223
Rs.('000s) 978)]
(b) Deferred tax (23,972) (50,126)
(c) Fringe benefits tax 350 11,454

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

APPROPRIATIONS
(a) Interim dividends paid during the year - -
(b) Proposed final dividend - -
(c) Dividend distribution tax - -
(d) Transfer to any Reserves or Other Accounts (to be - -
specified)
- Contingency reserve for Unexpired Risks - 151,237
Balance of profit/ loss brought forward from last year
240,912 349,746

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

FORM NL-3-B-BS

Name of the Insurer: Tata AIG General Insurance Company Limited

IRDA Registration No. 108, dated January 22, 2001

BALANCE SHEET AS AT MARCH 31, 2010

Schedule Year Ended Year Ended

March 31, 2010 March 31, 2009
(Rs.’000) (Rs.’000)
SOURCES OF FUNDS

SHARE CAPITAL NL-8-Share Capital 3,000,000 3,000,000

Schedule

SHARE APPLICATION MONEY PENDING ALLOTMENT - -

RESERVES AND SURPLUS NL-10-Reserves and 459,106 392,149

Surplus Schedule

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

BORROWINGS NL-11-Borrowings - -
Schedule

TOTAL 3,569,781 3,347,329

APPLICATION OF FUNDS

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

LOANS NL-13-Loans Schedule - -

FIXED ASSETS NL-14-Fixed Assets 293,258 275,453

Schedule

DEFERRED TAX ASSET 98,791 74,819

CURRENT ASSETS
Cash and Bank Balances NL-15-Cash and bank 641,729 466,622
balance Schedule
Advances and Other Assets NL-16-Advancxes and 3,209,625 2,914,854
Other Assets Schedule

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

CURRENT LIABILITIES NL-17-Current Liabilities 6,206,306 4,314,199

Schedule

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

DEFERRED TAX LIABILITY - -

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

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

MISCELLANEOUS EXPENDITURE (to the extent not written off NL-19-Miscellaneous - -

or adjusted) Expenditure Schedule

DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT - -

TOTAL 3,569,781 3,347,329

CONTINGENT LIABILITIES

Particulars Year Ended Year Ended

March 31, 2010 March 31, 2009
(Rs.’000) (Rs.’000)
1 Partly paid-up investments - -
2 Claims, other than against policies, not acknowledged as debts by - -
the company
3 Underwriting commitments outstanding (in respect of shares and - -
securities)
4 Guarantees given by or on behalf of the Company - -
5 Statutory demands/ liabilities in dispute, not provided for 59,580 35,430
6 Reinsurance obligations to the extent not provided for in accounts - -

7 Others (Insurance Claims disputed by the company, to the extent 11,066 5,275
not provided/reserved)
TOTAL 70,646 40,705
 Tata AIG General Insurance Company Limited
FORM NL-4-PREMIUM SCHEDULE
PREMIUM EARNED [NET]
(Rs. in '000s)
Particulars FIRE MARINE Year Ended March
MISCELLANEOUS
31, 2010
Workmen's Personal Health
Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance
Premium from direct business written 1,434,028 1,151,076 2,297,520 77,138 1,018,694 823,000 1,228,266 347,612 - 160,650 5,952,880 8,537,984
Service Tax - - - - - - - - - - - -
Adjustment for change in reserve for - - - - - - - - - - - -
unexpired risks
Gross Earned Premium - - - - - - - - - - - -
Add: Premium on reinsurance accepted 153,135 - 817,817 1,963 24,081 11,040 107,899 48,002 - 14,626 1,025,428 1,178,563
Less : Premium on reinsurance ceded 1,410,546 506,309 406,187 11,932 128,722 145,133 867,638 384,405 - 55,646 1,999,663 3,916,518
Net Premium 176,617 644,767 2,709,150 67,169 914,053 688,907 468,527 11,209 - 119,630 4,978,645 5,800,029
Adjustment for change in reserve for
unexpired risks 24,434 (27,840) 35,096 (3,065) 166,013 (35,819) (48,758) (3,899) - (8,908) 100,660 97,254

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

(Rs. in '000s)
Particulars FIRE MARINE Year Ended March
MISCELLANEOUS
31, 2009
Workmen's Personal Health
Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance
Premium from direct business written 1,447,597 1,118,238 2,247,877 48,212 1,165,593 738,882 1,030,037 339,890 - 102,879 5,673,370 8,239,205
Service Tax - - - - - - - - - - - -
Adjustment for change in reserve for - - - - - - - - - - - -
unexpired risks
Gross Earned Premium - - - - - - - - - - - -
Add: Premium on reinsurance accepted 190,177 - 943,529 11,120 14,571 50,635 71,111 16,360 - 31,909 1,139,235 1,329,412
Less : Premium on reinsurance ceded 1,408,113 529,144 396,540 33,419 121,448 76,485 722,994 348,984 - 56,621 1,756,491 3,693,748
Net Premium 229,661 589,094 2,794,866 25,913 1,058,716 713,032 378,154 7,266 - 78,167 5,056,114 5,874,869
Adjustment for change in reserve for -
unexpired risks (23,242) (32,756) 22,366 5,456 (76,735) 166,202 (61,004) (50) (283) 55,952 (46)

Premium Earned (Net) 206,419 556,338 2,817,232 31,369 981,981 879,234 317,150 7,216 - 77,884 5,112,066 5,874,823
 Tata AIG General Insurance Company Limited
FORM NL-5 - CLAIMS SCHEDULE
CLAIMS INCURRED [NET]
(Rs. in '000s)
Particulars FIRE MARINE Year Ended March
MISCELLANEOUS
31, 2010
Workmen's Personal Health
Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance
Claims paid - Direct 529,566 670,754 1,101,480 14,340 252,836 431,371 22,423 356,395 - 35,229 2,214,074 3,414,394
Add Claims Outstanding at the end of the year 71,166 411,120 2,664,259 28,476 254,957 197,443 516,193 57,394 - 45,935 3,764,657 4,246,943
Less Claims Outstanding at the beginning of the year 65,913 298,060 1,810,723 22,298 172,844 223,955 141,939 25,120 - 10,258 2,407,137 2,771,110
Gross Incurred Claims 534,819 783,814 1,955,016 20,518 334,949 404,859 396,677 388,669 - 70,906 3,571,594 4,890,227
Add :Re-insurance accepted to direct claims 17,189 1,783 346,821 3,833 8,787 30,562 3,846 2 - 14,039 407,890 426,862
Less :Re-insurance Ceded to claims paid 449,823 313,246 161,176 1,626 30,598 49,477 2,438 340,901 - 4,074 590,290 1,353,359

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

(Rs. in '000s)
Particulars FIRE MARINE Year Ended March
MISCELLANEOUS
31, 2009
Workmen's Personal Health
Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance
Claims paid - Direct 901,445 815,323 1,180,991 11,737 304,198 476,747 23,304 201,183 - 12,112 2,210,272 3,927,040
Add Claims Outstanding at the end of the year 65,913 298,060 1,810,723 22,298 172,844 223,955 141,939 25,120 - 10,258 2,407,137 2,771,110
Less Claims Outstanding at the beginning of the year 58,111 206,648 605,594 16,850 76,220 230,765 84,066 9,146 - 5,233 1,027,874 1,292,633
Gross Incurred Claims 909,247 906,735 2,386,120 17,185 400,822 469,937 81,177 217,157 - 17,137 3,589,535 5,405,517
Add :Re-insurance accepted to direct claims 8,158 2,313 (236,978) - 9,105 5,665 455 - - 30,993 (190,760) (180,289)
Less :Re-insurance Ceded to claims paid 800,793 377,023 183,204 1,791 43,444 64,878 4,232 192,324 - 845 490,718 1,668,534

Net Premium 116,612 532,025 1,965,938 15,394 366,483 410,724 77,400 24,833 - 47,285 2,908,057 3,556,694
FORM NL-6-COMMISSION SCHEDULE
(Rs. in '000s)
Year Ended
Particulars FIRE MARINE MISCELLANEOUS
March 31, 2010
Workmen's Personal Health
Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance
Commission Paid - Direct 84,186 136,597 111,958 5,848 96,198 47,823 124,722 14,394 - 13,688 414,631 635,414
Add: Reinsurance accepted 19,338 - 156,441 4,186 5,436 13,702 14,323 4,201 - 9,990 208,279 227,617
Less : Reinsurance ceded 296,361 121,859 58,805 1,470 17,874 36,266 27,368 76,225 - 3,953 221,961 640,181
Net Commission (192,837) 14,738 209,594 8,564 83,760 25,259 111,677 (57,630) - 19,725 400,949 222,850

Break up of Gross Commission

Agents 22,768 35,522 67,563 2,604 20,111 21,628 10,025 3,680 - 6,178 131,789 190,079
Brokers 59,947 96,022 14,213 3,198 17,196 11,201 113,884 11,650 - 6,980 178,322 334,291
Corporate Agents 1,471 5,053 30,182 46 58,891 14,994 813 (936) - 530 104,520 111,044
Referral - - - - - - - - - - - -
84,186 136,597 111,958 5,848 96,198 47,823 124,722 14,394 - 13,688 414,631 635,414

(Rs. in '000s)
Year Ended
Particulars FIRE MARINE MISCELLANEOUS
March 31, 2009
Workmen's Personal Health
Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance
Commission Paid - Direct 90,829 126,674 127,120 3,247 102,801 50,887 107,882 14,053 - 8,558 414,548 632,051
Add: Reinsurance accepted 6,493 - 192,660 3,892 3,093 17,959 3,824 3,451 - 26,502 251,381 257,874
Less : Reinsurance ceded 351,518 133,700 59,220 1,000 22,895 15,813 32,236 72,025 - 3,293 206,482 691,700
Net Commission (254,196) (7,026) 260,560 6,139 82,999 53,033 79,470 (54,521) - 31,767 459,447 198,225

Break up of Gross Commission

Agents 19,709 23,691 54,096 1,428 17,141 22,169 10,217 2,962 - 3,934 111,947 155,347
Brokers 59,276 88,726 13,698 1,743 16,298 12,244 95,758 9,726 - 4,544 154,011 302,013
Corporate Agents 11,844 14,257 59,326 76 69,362 16,474 1,907 1,365 - 80 148,590 174,691
Referral - - - - - - - - - - - -
90,829 126,674 127,120 3,247 102,801 50,887 107,882 14,053 - 8,558 414,548 632,051
 Tata AIG General Insurance Company Limited
FORM NL-7-OPERATING EXPENSES SCHEDULE
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
(Rs. in '000s)
Year Ended
FIRE MARINE MISCELLANEOUS
March 31, 2010
Workmen's Personal Health
FIRE MARINE Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance

Employees’ remuneration and welfare benefits 53,230 94,122 252,530 2,480 126,841 92,853 130,485 12,515 - 15,321 633,025 780,377
Travel, conveyance and vehicle running expenses 2,299 3,205 8,818 81 4,585 3,356 4,720 1,127 - 501 23,188 28,692
Training expenses 436 806 2,027 22 1,053 771 1,313 76 - 135 5,397 6,639
Rents, rates and taxes 16,083 44,578 130,523 580 71,765 52,535 36,362 5,564 - 3,582 300,911 361,572
Repairs 1,001 2,418 6,873 76 3,243 2,374 3,409 173 - 469 16,617 20,036
Printing and Stationery 1,042 2,808 9,510 74 7,044 5,156 3,405 203 - 458 25,850 29,700
Communication 3,446 8,605 25,141 286 15,882 11,627 12,355 508 - 1,765 67,564 79,615
Legal and Professional charges 12,232 34,587 147,680 563 86,849 63,577 29,328 10,997 - 3,478 342,472 389,291
Auditors' fees, expenses etc.
a) as auditors 120 314 943 12 438 321 470 11 - 71 2,266 2,700
b) as advisor or in any other capacity, in respect of :
(i) Taxation matters - - - - - - - - - - - -
(ii) Insurance matters - - - - - - - - - - - -
(iii) Management services - - - - - - - - - - - -
c) in any other capacity and 49 128 384 5 179 131 191 4 - 29 923 1,100
d) out of pocket expenses 4 10 29 - 13 10 14 - - 2 68 82
Advertisement and publicity 1,752 4,097 59,625 48 24,410 17,869 3,086 329 - 299 105,666 111,515
Interest and Bank Charges 1,040 2,734 8,199 100 40,323 29,518 4,086 93 - 619 82,938 86,712
Others:
Direct Telemarketing costs 2,677 7,037 40,297 258 87,069 63,738 10,518 240 - 1,593 203,713 213,427
Outsourced Operations costs 5,507 14,479 43,423 530 20,197 14,785 21,641 495 - 3,277 104,348 124,334
Agents Training 256 381 4,467 22 2,059 1,507 618 177 - 135 8,985 9,622
Business Development Expenses 483 633 8,075 - 1,787 1,308 803 246 - - 12,219 13,335
Foreign Exchange (Gain) / Loss 273 811 2,434 30 1,129 826 1,162 1,452 - 183 7,216 8,300
Information Technology Expenses 3,882 10,152 30,242 365 14,106 10,326 15,027 392 - 2,253 72,711 86,745
Miscellaneous Expenses 840 5,439 8,180 96 3,956 2,896 4,197 138 - 595 20,058 26,337
Depreciation/ Amortisation 7,365 15,713 40,096 386 19,229 14,076 19,965 2,204 - 2,386 98,342 121,420
Total 114,017 253,057 829,496 6,014 532,157 389,560 303,155 36,944 - 37,151 2,134,477 2,501,551
 Tata AIG General Insurance Company Limited
FORM NL-7-OPERATING EXPENSES SCHEDULE
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
(Rs. in '000s)
Year Ended
FIRE MARINE MISCELLANEOUS
March 31, 2009
Workmen's Personal Health
FIRE MARINE Motor Liability Engineering Aviation Others Total Grand Total
Compensation Accident Insurance

Employees’ remuneration and welfare benefits 66,012 94,591 251,743 5,223 153,576 102,810 107,353 15,821 - 5,213 641,739 802,342
Travel, conveyance and vehicle running expenses 3,596 3,970 10,665 208 7,321 4,901 5,039 1,961 - 221 30,316 37,882
Training expenses 962 1,617 6,038 138 3,629 2,429 2,668 99 - 125 15,126 17,705
Rents, rates and taxes 14,771 35,818 147,965 1,282 52,620 35,226 27,443 4,819 - 3,064 272,419 323,008
Repairs 1,098 2,081 6,860 158 3,644 2,439 2,607 207 - 142 16,057 19,236
Printing and Stationery 1,635 3,450 11,694 237 8,552 5,725 3,818 321 - 242 30,589 35,674
Communication 4,762 9,231 31,217 751 21,706 14,531 11,899 731 - 646 81,481 95,474
Legal and Professional charges 24,752 48,368 125,365 1,731 118,232 79,149 39,358 12,009 - 2,595 378,439 451,559
Auditors' fees, expenses etc.
a) as auditors 124 253 1,190 22 442 296 341 14 - 18 2,323 2,700
b) as advisor or in any other capacity, in respect of :
(i) Taxation matters - - - - - - - - - - - -
(ii) Insurance matters - - - - - - - - - - - -
(iii) Management services - - - - - - - - - - - -
c) in any other capacity and 61 124 360 11 216 145 167 7 - 9 915 1,100
d) out of pocket expenses 4 9 30 1 15 10 12 - - 1 69 82
Advertisement and publicity 914 1,569 29,494 93 25,945 17,369 1,833 99 - 609 75,442 77,925
Interest and Bank Charges 336 682 2,348 61 14,336 9,597 922 40 - 49 27,353 28,371
Others:
Direct Telemarketing costs 4,537 9,211 57,576 823 110,823 74,189 12,446 537 - 1,192 257,586 271,334
Outsourced Operations costs 8,625 17,507 61,638 1,565 30,668 20,530 23,658 1,021 - 1,276 140,356 166,488
Agents Training 3,149 4,141 31,502 204 18,757 12,557 3,714 406 - 652 67,792 75,082
Business Development Expenses 1,790 2,897 17,252 117 8,245 5,520 2,493 679 - 357 34,663 39,350
Foreign Exchange (Gain) / Loss 2,315 1,768 5,875 149 2,924 1,958 8,165 (649) - 122 18,544 22,627
Information Technology Expenses 4,743 9,560 32,828 826 16,422 10,994 12,625 610 - 680 74,985 89,288
Miscellaneous Expenses 752 1,432 4,093 102 2,291 1,533 1,786 111 - 90 10,006 12,190
Depreciation/ Amortisation 8,242 13,836 37,271 808 24,105 16,137 15,738 2,187 - 772 97,018 119,096
Total 153,180 262,115 873,004 14,510 624,469 418,045 284,085 41,030 - 18,075 2,273,218 2,688,513
 Tata AIG General Insurance Company Limited
FORM NL-8-SHARE CAPITAL SCHEDULE
SHARE CAPITAL
Particulars As at As at
March 31, 2010 March 31, 2009
(Rs.’000). (Rs.’000).
1 Authorised Capital
450,000,000 (Previous Year : 450,000,000) 4,500,000 4,500,000
Equity Shares of Rs.10 each
2 Issued Capital
300,000,000 (Previous Year : 300,000,000) 3,000,000 3,000,000
Equity Shares of Rs.10 each
3 Subscribed Capital
300,000,000 (Previous Year : 300,000,000) 3,000,000 3,000,000
Equity Shares of Rs.10 each
4 Called-up Capital
300,000,000 (Previous Year : 300,000,000) 3,000,000 3,000,000
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 3,000,000 3,000,000
 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, 2010 As at March 31, 2009

Number of % of Holding Number of % of Holding

Shares Shares
Promoters
• Indian - Tata Sons Limited 222,000,000 74% 222,000,000 74%
• Foreign - CHARTIS MEMSA Holdings Inc. (Formerly Known as AIG Memsa Holdings Inc.) 78,000,000 26% 78,000,000 26%
Others - - - -
TOTAL 300,000,000 100% 300,000,000 100%
 Tata AIG General Insurance Company Limited
FORM NL-10-RESERVE AND SURPLUS SCHEDULE
RESERVES AND SURPLUS
Particulars As at March 31, 2010 As at March 31, 2009
(Rs.’000). (Rs.’000).
1 Capital Reserve - -
2 Capital Redemption Reserve - -
3 Share Premium - -
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 151,237 151,237
6 Other Reserves (to be specified) -
7 Balance of Profit in Profit & Loss Account 307,869 240,912
TOTAL 459,106 392,149
 Tata AIG General Insurance Company Limited
FORM NL-11-BORROWINGS SCHEDULE
BORROWINGS

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

(Rs.’000). (Rs.’000).
1 Debentures/ Bonds - -
2 Banks - -
3 Financial Institutions - -
4 Others (to be specified) - -

TOTAL - -
 Tata AIG General Insurance Company Limited
FORM NL-12-INVESTMENT SCHEDULE
Investments

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

(Rs.’000). (Rs.’000).
LONG TERM INVESTMENTS
1 Government securities and Government 3,805,770 2,105,115
guaranteed bonds including Treasury Bills
2 Other Approved Securities 1,297,907 397,199
3 Other Investments
( a) Shares
(aa) Equity - -
(bb) Preference - -
( b) Mutual Funds - -
(c) Derivative Instruments - -
(d) Debentures/ Bonds 20,449 20,650
(e) Other Securities (to be specified) - -
(f) Subsidiaries - -
(g) Investment Properties-Real Estate - -
4 Investments in Infrastructure and Social Sector 2,126,124 2,152,044

5 Other than Approved Investments - -

SHORT TERM INVESTMENTS
1 Government securities and Government 100,110 1,095,200
guaranteed bonds including Treasury Bills
2 Other Approved Securities 1,159,675 1,245,701
3 Other Investments
(a) Shares
(aa) Equity - 28,592
(bb) Preference - -
(b) Mutual Funds - -
(a) Derivative Instruments - -
(b) Debentures/ Bonds - -
(c) Other Securities (to be specified) - -
(d) Subsidiaries - -
(e) Investment Properties-Real Estate - -
4 Investments in Infrastructure and Social Sector 49,657 99,829

5 Other than Approved Investments - -

TOTAL 8,559,692 7,144,330
 Tata AIG General Insurance Company Limited
FORM NL-13-LOANS SCHEDULE
LOANS

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

(Rs.’000). (Rs.’000).
1 SECURITY-WISE CLASSIFICATION
Secured
(a) On mortgage of property
(aa) In India - -
(bb) Outside India - -
(b) On Shares, Bonds, Govt. Securities - -
(c) Others (to be specified) - -
Unsecured - -
TOTAL - -
2 BORROWER-WISE CLASSIFICATION
(a) Central and State Governments - -
(b) Banks and Financial Institutions - -
(c) Subsidiaries - -
(d) Industrial Undertakings - -
(e) Others (to be specified) - -
TOTAL - -
3 PERFORMANCE-WISE CLASSIFICATION
(a) Loans classified as standard
(aa) In India - -
(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 - -
 Tata AIG Insurance Company Limited
FORM NL-14-FIXED ASSETS SCHEDULE

FIXED ASSETS
(Rs.’000)
Particulars Cost/ Gross Block Depreciation Net Block
Opening Additions/ Deductions/Ad Closing Up to Last For The Year On Sales/ To Date As at 31 March, As at 31 March,
Adjustments justments Year Adjustments 2010 2009
Goodwill - - - - - - - - - -
Intangibles (specify) 271,174 32,075 - 303,249 208,280 29,383 - 237,663 65,586 62,894
Land-Freehold - - - - - - - - - -
Leasehold Property 134,864 38,380 21,889 151,355 117,202 19,053 21,889 114,366 36,989 17,662
Buildings - - - - - - - - - -
Furniture & Fittings 50,130 13,273 1,491 61,912 43,289 5,013 1,491 46,811 15,101 6,841
Information Technology 371,875 32,246 51,677 352,444 228,558 52,070 47,743 232,885 119,559 143,317
Equipment
Vehicles 20,384 - 4,489 15,895 7,969 3,215 1,107 10,077 5,818 12,415
Office Equipment 91,166 29,087 11,411 108,842 61,836 12,686 10,803 63,719 45,123 29,330
Others (Specify nature) - - - - - - - - - -
TOTAL 939,593 145,061 90,957 993,697 667,134 121,420 83,033 705,521 288,176 272,459
Work in progress 5,082 2,994
Grand Total 939,593 145,061 90,957 993,697 667,134 121,420 83,033 705,521 293,258 275,453
PREVIOUS YEAR 833,601 138,268 32,276 939,593 574,127 119,096 26,089 667,134 275,453
 Tata AIG General Insurance Company Limited
FORM NL-15-CASH AND BANK BALANCE SCHEDULE
CASH AND BANK BALANCES

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

(Rs.’000) (Rs.’000)
1 Cash (including cheques, drafts and 333,655 245,661
stamps)
2 Bank Balances
(a) Deposit Accounts
(aa) Short-term (due within 12 - -
months)
(bb) Others 404 904
(b) Current Accounts 307,670 220,057
(c) Others (to be specified) - -
3 Money at Call and Short Notice
(a) With Banks - -
(b) With other Institutions - -
4 Others (to be specified) - -
TOTAL 641,729 466,622

Balances with non-scheduled banks

included in 2 and 3 above
 Tata AIG General Insurance Company Limited
FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
ADVANCES AND OTHER ASSETS

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

(Rs.’000). (Rs.’000).
ADVANCES
1 Reserve deposits with ceding companies - -

2 Application money for investments - -

3 Prepayments 32,165 37,664
4 Advances to Directors/Officers - -
5 Advance tax paid and taxes deducted at 17,965 22,078
source (Net of provision for taxation)

6 Others
Advance to Employees 1,479 798
Advance to Suppliers 10,269 14,171
Claims Recoverable 13,452 9,805
TOTAL (A) 75,330 84,516

OTHER ASSETS
1 Income accrued on investments 218,304 147,685
2 Outstanding Premiums 134,412 45,381
3 Agents’ Balances 16,072 49,358
4 Foreign Agencies Balances
5 Due from other entities carrying on 2,438,330 2,221,021
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 181 96
Deposits for Office Premises 113,349 93,400
Deposit for Office Premises jointly with - -
Tata AIG Life Insurance Company
Limited
Deposits with Telecom Authorities and 3,906 12,334
Housing Deposits for employees
Earnest Money Deposit 1,450 1,500
Other Deposits 44,245 40,545
Balance due from AIG entities 11,692 30,610
Balance due from Tata AIG Life 1,303 2,833
Insurance Company Limited
Service tax unutilised credit 141,495 139,982
Receivable from Service Providers 9,556 45,593
TOTAL (B) 3,134,295 2,830,338
TOTAL (A+B) 3,209,625 2,914,854
 Tata AIG General Insurance Company Limited
FORM NL-17-CURRENT LIABILITIES SCHEDULE

CURRENT LIABILITIES

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

(Rs.’000). (Rs.’000).
1 Agents’ Balances 47,194 47,286
2 Balances due to other insurance 443,573 504,156
companies (including. reinsurers)
3 Deposits held on re-insurance ceded - -

4 Premiums received in advance 732,780 463,588

5 Unallocated Premium 139,858 52,582
6 Sundry creditors 446,761 334,113
7 Due to subsidiaries/ holding
company
8 Claims Outstanding 4,312,193 2,771,110
9 Due to Officers/ Directors
10 Others (to be specified)
Due to AIG entities - 50,294
Deposit from Service Providers 43,398 25,721
Other Deposits Accepted 7,056 4,158
Due to Environment Relief Fund 834 2,542
Due to Solatium Fund 2,602 1,118
Due to Statutory Authorities 29,753 46,482
Payable on purchase of investments 33 28

Service Tax Liability 271 11,021

TOTAL 6,206,306 4,314,199
 Tata AIG General Insurance Company Limited
FORM NL-18-PROVISIONS SCHEDULE

PROVISIONS

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

(Rs.’000). (Rs.’000).
1 Reserve for Unexpired Risk 2,942,746 3,040,000
2 For taxation (less advance tax paid and 81,340 174,550
taxes deducted at source)
3 For proposed dividends - -
4 For dividend distribution tax - -
5 Others (for unrealised cheques) 2,922 -
6 Reserve for Premium Deficiency - -
TOTAL 3,027,008 3,214,550
 Tata AIG General Insurance Company Limited
FORM NL-19 MISC EXPENDITURE SCHEDULE

MISCELLANEOUS EXPENDITURE
(To the extent not written off or adjusted)

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

(Rs.’000). (Rs.’000).
1 Discount Allowed in issue of shares/ - -
debentures

2 Others (to be specified) - -

TOTAL - -
FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE
Format of Receipts and Payments A/c for the year ended March 31, 2010
(Rs in '000's)
Cash Flows from the operating activities:
Premium received from policyholders, including advance receipts 10,567,022
Other receipts 573
Payments to the re-insurers, net of commissions and claims (1,995,903)
Payments to co-insurers, net of claims recovery (231,621)
Payments of claims (3,686,797)
Payments of commission and brokerage (575,245)
Payments of other operating expenses (2,611,437)
Preliminary and pre-operative expenses
Deposits, advances and staff loans 6,585
Income taxes paid (Net) (93,983)
Service tax paid (584,451)
Other payments
Cash flows before extraordinary items 794,741
Cash flow from extraordinary operations
Net cash flow from operating activities 794,741
Cash flows from investing activities:
Purchase of fixed assets (60,000)
Proceeds from sale of fixed assets 8,126
Purchases of investments (93,663,663)
Loans disbursed
Sales of investments 92,529,240
Repayments received
Rents/Interests/ Dividends received 571,564
Investments in money market instruments and in liquid mutual funds (Net)*
Expenses related to investments
Net cash flow from investing activities (614,733)
Cash flows from financing activities:
Proceeds from issuance of share capital -
Proceeds from borrowing
Repayments of borrowing
Interest/dividends paid
Net cash flow from financing activities -
Effect of foreign exchange rates on cash and cash equivalents, net
Net increase in cash and cash equivalents: 180,008
Cash and cash equivalents at the beginning of the year 466,622
Cash and cash equivalents at the end of the year 646,630
____________________________________________________________________________________________
FORM NL-28-STATEMENT OF ASSETS - 3B
Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108
Statement as on: 31-Mar-2010
Statement of Investment Assets (General Insurer, Re-insurers)
(Business within India) Rs. In Lakhs
Periodicity of Submission: Quarterly

No PARTICULARS SCH AMOUNT

1 Investments 8 85,597
2 Loans 9 -
3 Fixed Assets 10 2,933
4 Current Assets -
a. Cash & Bank Balance 11 6,417
b. Advances & Other Assets 12 32,096
5 Current Liabilities -
a. Current Liabilities 13 62,063
b. Provisions 14 30,270
c. Misc. Exp not Written Off 15 -
d. Debit Balance of P&L A/c -
Application of Funds as per Balance Sheet (A) 34,710

Less: Other Assets SCH Amount

1 Loans (if any) 9 -
2 Fixed Assets (if any) 10 2,933
3 Cash & Bank Balance (if any) 11 6,417
4 Advances & Other Assets (if any) 12 32,096
5 Current Liabilities 13 62,063
6 Provisions 14 30,270
7 Misc. Exp not Written Off 15 -
8 Debit Balance of P&L A/c -
TOTAL (B) (50,887)
'Investment Assets' As per FORM 3B (A-B) 85,597

SH TOTAL MARKET
No. Investment Represented as % PH % ACTUAL FVC Amount Total
Balance FRSM (SH+PH) VALUE

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

1 Not less than
20%
Central Government Securities
2 Government Securities or Other Guaranteed Securities (including the 1 above)
Not less than
30%
- 15,033.37 24025.43 39,058.80 45.63% 39,058.80 37,600.50
3 Housing and Loans to SG for Housing and Fire Fighting Equipments Not less than
5%
- 4,430.20 7080.08 11,510.28 13.45% 11,510.28 11,587.39
4 Approved Investments
a) Infra Structure and Social Sector
(i) Infra Structure Not less than - 8,374.38 13383.44 21,757.82 25.42% 21,757.82 22,215.20
(ii) Social Sector 10% -
b)
(i) Others governed by Exposure Norms - 5,028.80 8036.74 13,065.54 15.26% (1,106.75) 11,958.78 13,070.23
Not exceeding
(ii) Out of above 55% Amount Invested in Other investment shall not
55%
exceed 25% - 78.71 125.78 204.49 0.24% 204.49 208.20
TOTAL 100% - 32,945.46 52,651.47 85,596.93 100.00% (1,106.75) 84,490.18 84,681.52
INVESTMENT

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-30-Ana Rat IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-30 Analytical Ratios

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

(Rs in Lakhs)
Analytical Ratios for Non-Life companies
Year Ended March Year Ended March
Sl.No. Particular Fire Marine Miscellaneous Fire Marine Miscellaneous
31, 2010 31, 2009
1 Gross Premium Growth Rate 1.55% -3.09% 2.94% 2.43% 9.46% 22.26% 13.33% 6.19%
2 Gross Premium to shareholders' fund ratio 272.19% 285.86%
3 Growth rate of shareholders'fund 6.65% 27.46%
4 Net Retention Ratio 59.69% 11.13% 56.01% 71.34% 61.40% 14.02% 52.68% 74.22%
5 Net Commission Ratio 3.84% -109.18% 2.29% 8.05% 3.37% -110.68% -1.19% 9.09%

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

7 Combined Ratio 74.16% 48.15% 92.28% 77.09% 76.55% 70.83% 107.89% 72.79%
8 Technical Reserves to net premium ratio 125.08% 167.77% 113.76% 125.04% 98.91% 108.95% 100.60% 98.26%
9 Underwriting balance ratio -13.57% 100.43% -18.81% -16.93% -9.73% 82.33% -38.76% -10.53%
10 Operationg Profit Ratio -2.62% 123.63% -10.91% -6.02% -1.41% 99.26% -31.88% -2.43%
11 Liquid Assets to liabilities ratio 10.34% 10.81%
12 Net earning ratio 1.15% 0.72%
13 return on net worth ratio 1.88% 1.27%
Available Solvency argin Ratio to Required Solvency
14
Margin Ratio
15 NPA Ratio
Gross NPA Ratio
Net NPA Ratio
Equity Holding Pattern for Non-Life Insurers
1 (a) No. of shares 300,000,000 300,000,000
2 (b) Percentage of shareholding (Indian / Foreign) 74% 74%
( c) %of Government holding (in case of public sector
3 - -
insurance companies)

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

4 0.22 0.16
tax expense) for the period (not to be annualized)

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

5 0.22 0.16
tax expense) for the period (not to be annualized)
6 (iv) Book value per share (Rs) 10 10

Page 23 of 27
FORM NL-35-NON PERFORMING ASSETS-7A
Company Name & Code: Tata AIG General Insurance Co. Ltd. - Code 108
Statement as on:31-Mar-10 Name of the Fund
Details of Investment Portfolio
Periodicity of Submission : Quarterly

Has there been any Principal

Interest Rate
Default Default Waiver?
Instrument Total O/s Principal Interest Due Deferred Deferred Rolled Provision
COI Company Name Has there Principal Interest (Book Classification Provision (Rs)
Type (Book Value) Due from from Principal Interest Over? Board (%)
% been (Book Value) Value) Amount
Approval Ref
revision?
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.
FORM NL-36-YIELD ON INVESTMENTS 1
COMPANY NAME: Tata AIG General Insurance Company Limited
CODE : 108
STATEMENT AS ON : 31/03/2010
STATEMENT OF INVESTMENT AND INCOME ON INVESTMENT
PERIODICITY OF SUBMISSION : QUARTERLY Rs. In Lakhs
CURRENT QUARTER YEAR TO DATE 3/31/2009
CAT
NO. CATEGORY OF INVESTMENT INVESTMENT GROSS NET INVESTMENT GROSS NET INVESTMENT GROSS NET
CODE INCOME INCOME INCOME
YIELD YIELD YIELD YIELD YIELD YIELD
A. CENTRAL GOVERNMENT SECURITIES
A01 Central Government Bonds CGSB 33,969.89 572.76 6.52% 6.52% 33,969.89 2,171.88 6.52% 6.52% 16,456.21 1,238.40 6.20% 6.20%
A02 Special Deposits CSPD - - - -
A03 Deposit under Section 7 of Insurance Act, 1938 CDSS 1,516.57 25.26 6.56% 6.56% 1,516.57 100.71 6.56% 6.56% 1,538.31 100.73 6.60% 6.60%
A04 Treasury Bills CTRB - - 2.85% 2.85% - 8.61 2.85% 2.85% 0.00 67.82 6.89% 6.89%
-
B. GOVERNMENT SECURITIES/ OTHER APPROVED SECURITIES -
B01 Central Government Guaranteed Loans / Bonds CGSL 3,572.34 60.83 6.86% 6.86% 3,572.34 702.35 6.86% 6.86% 14,008.63 1,378.14 7.21% 7.21%
B02 State Government Bonds SGGB - - - - -
B03 State Government Guaranteed Loans SGGL - - - - -
B04 Other Approved Securities ( ex.infrastrtucture investments)SGOA - - - - -
B05 Guaranteed Equity SGGE - - - - -
- -
- -
C. HOUSING SECTOR INVESTMENTS - -
C01 Loans to State Government for Housing HLSH - - - - -
C02 Loans to State Government for Fire fighting equipment HLSF - - - - -
C03 Term Loan -Hudco/NHB/Institutions accredited by NHB HTLH - - - - -
C04 CP-NHB/Institutions accredited by NHB HTLN - - - - -
C05 Housing - Securitised Assets HMBS - - - - -
C06 Debentures / Bonds / CPs/Loans -Promoter group HDPG - - - - -
Taxable Bonds - -
C06 Bonds / Debentures issued by Hudco HTHD - - - - -
C07 Bonds / Debentures issued by NHB/Inst acc by NHB HTDN - - - - -
C08 Bonds/Deb isued by authority approved by Govt HTDA 11,510.28 281.72 8.30% 8.30% 11,510.28 935.96 8.30% 8.30% 6,936.12 737.75 9.25% 9.25%
Tax Free Bonds - -
C09 Bonds / Debentures issued by Hudco HFHD - - - - -
C10 Bonds / Debentures issued by NHB/Inst acc by NHB HFDN - - - - -
C11 Bonds/Deb isued by authority approved by Govt HFDA - - - - -
- -
D. INFRASTRUCTURE INVESTMENTS - -
D01 Infrastructure - Other Approved securities ISAS - - - - -
D02 Infrastructure - PSU- Equity Shares - Quoted ITPE - - - - -
D03 Infrastructure - Corporate Securities- Equity Shares - Qutd ITCE - - - - -
D04 Infrastructure - Equity and equity related instr.-Promoter IEPG - - - - -
D05 Infrastructure - Securitised Assets IESA - - - - -
D06 Infrastructure - Debentures / Bonds/ CPs/-Promoter IDPG - - - - -
Taxable Bonds - -
D07 Infrastructure - PSU- Debentures / Bonds IPTD 21,261.24 441.93 8.95% 8.95% 21,261.24 1,986.56 8.95% 8.95% 15,481.92 1,145.17 9.66% 9.66%
D08 Infrastructure - PSU- CPs IPCP - - - -
D09 Infrastructure - Other Corporate sec- Deb / Bonds ICTD 496.57 141.49 9.64% 9.64% 496.57 644.23 9.64% 9.64% 7,036.81 569.07 0.09 9.43%
D10 Infrastructure - Other Corporate sec- CPs ICCP - - - - -
D11 Infrastructure - Term Loans with charge ILWC - - - - -
Tax Free Bonds - -
D12 Infrastructure - PSU- Debentures / Bonds IPFD - - - - -
D13 Infrastructure - Other Corporate sec- Deb / Bonds ICFD - - - - -
E. INVESTMENT SUBJECT TO EXPOSURE NORMS - -
E01 PSU -Eq Shares quoted EAEQ 1,592.13 9.95 6.97% 6.97% 1,592.13 157.61 6.97% 6.97% 335.61 7.77 7.80% 7.80%
E02 Corp Sec -Eq Shares quoted EACE 4,514.74 8.93 6.97% 6.97% 4,514.74 419.96 6.97% 6.97% 971.97 65.37 7.80% 7.80%
E03 Eq.Sh-Co.incorporated outside india prior to IRDA reg EFES - - - - -
E04 Eq.Sh incl.equity related instru. - Promoter group EEPG - - - - -
E05 Corporate Sec- Bonds - Taxable EPBT 1,963.31 34.10 8.24% 8.24% 1,963.31 86.14 8.24% 8.24% 2,000.00 228.03 0.08 8.22%
E06 Corporate Sec- Bonds - Tax free EPBF - - - - - 0.99 7.80% 7.80%
E07 Corporate Sec- Preference Shares EPNQ - - - - -
E08 Corporate Sec- Inv in subsidiaries ECIS - - - - -
E09 Corporate Sec- Debentures ECOS - - - - -
E10 Corporate Sec- Debentures/Bonds/CPs/Loan-Promoter EDPG - - - - -
E11 Corporate Sec- Derivative Instruments ECDI - - - - -
E12 Inv.Properties - Immovable EINP - - - - -
E13 Loans - Policy Loans ELPL - - - - -
E14 Loans - Sec loans - Property Mortgage term loan in India ELMI - - - - -
E15 Loans - Sec loans - Property Mortgage term loan o/India ELMO - - - - -
E16 Deposit -with Sch bk,Fis,CCIL,RBI ECDB - - - - -
E17 Deposit -CDs with Sch bk EDCD (0.00) - 7.64% 7.64% (0.00) 289.47 7.64% 7.64% 6,185.30 258.19 8.00% 8.00%
E18 Deposit - Repo / Reverse Repo ECMR 4,995.36 27.16 4.14% 4.14% 4,995.36 98.51 4.14% 4.14% 0.00 235.13 5.10% 5.10%
E19 Deposit with PDs duly recognised by RBI EDPD - - - - -
E20 CCIL-CBLO ECBO - - - - -
E21 Commercial Papers ECCP - - - - (0.00) 100.49 0.12 12.21%
E22 Application Money ECAM - - - - -
E23 Perpetual Debt Tier I & II - PSU Banks EUPD - - - - -
E24 Perpetual Debt Tier I & II - NON-PSU Banks EPPD - - - - -
E25 - - - - -
E26 - - - - -
E27 Foreign Debt Sec prior to IRDA reg EFDS - - - - -
E28 MF - Gilt / Gsec / Liquid EGMF - - - - -
E29 MF - Promoters group EMPG - - - - -
E30 Net Current Assets ( ULIP Only ) ENCA - - - - -
F. OTHER INVESTMENTS - -
F01 Bonds - PSU - Taxable OBPT 204.49 - 8.57% 8.57% 204.49 13.68 8.57% 8.57% 206.50 17.50 8.51% 8.51%
F02 Bonds - PSU - Tax Free OBPF - - - -
F03 Eq.Shares OESH - - 6.97% 6.97% - 60.57 6.97% 6.97% 285.92 10.09 7.80% 7.80%
F04 Eq.Shares ( PSU and unlisted) OEPU - - - - -
F05 Eq.Sh incl.equity related instru. - Promoter group OEPG - - - - -
F06 Debentures OLDB - - - - -
F07 Debentures / Bonds / CPs / Loans - Promoter ODPG - - - - -
F08 Commercial Papers OACP - - - - -
F09 Preference Shares OPSH - - - - -
F10 Venture Fund OVNF - - - - -
F11 Short Term Loans - Unsecured Deposits OSLU - - - - -
F12 Term Loans OTLW - - - - -
F13 MF - Debt / Income / Liq OMGS - - - - 2.03 7.80% 7.80%
F14 MF - Under Promoters group OMPG - - - - -
F15 Derivative Instruments OCDI - - - - -
F16 Securitised Assets OPSA - - - - -
F17 Investment properties - Immovable OIPI - - - - -
Total 85,596.93 1,604.12 85,596.93 7,676.24 71,443.29 6,162.68

CERTIFICATION
Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed

DATE :15/06/2010
Note: Previous years figures are linked to the old FORM 1 as submitted last year
Curr.Qtr Investment Fig is of date while curr.qtr income is for the period from Jan10- Mar10
FORM NL-37-DOWN GRADING OF INVESTMENT-2
COMPANY NAME: Tata AIG General Insurance Company Limited
CODE : 108
STATEMENT AS ON : 31/03/2010
STATEMENT OF DOWN GRADED INVESTMENTS
PERIODICITY OF SUBMISSION : QUARTERLY Rs. In Lakhs

AMOUNT (AS
CAT DATE OF RATING ORIGINAL DATE OF
NO PARTICULARS OF INVESTMENT PER BALANCE CURRENT GRADE REMARKS
CODE PURCHASE AGENCY GRADE DOWNGRADE
SHEET)
A. DURING THE QUARTER :

NIL

B. AS ON DATE :
1 9.75% HUDCO Bonds 2012 OBPT 204.49 8/29/2002 CRISIL AA+ AA- 6/1/2003 Downgrade

CERTIFICATION
Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed