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S.No.

Form No Description
1 NL-1-B-RA Revenue Account
2 NL-2-B-PL Profit & Loss Account
3 NL-3-B-BS Balance Sheet
4 NL-4-PREMIUM SCHEDULE Premium
5 NL-5-CLAIMS SCHEDULE Claims Incurred
6 NL-6-COMMISSION SCHEDULE Commission
7 NL-7-OPERATING EXPENSES SCHEDULE Operating Expenses
8 NL-8-SHARE CAPITAL SCHEDULE Share Capital
9 NL-9-PATTERN OF SHAREHOLDING SCHEDULE Pattern of Shareholding
10 NL-10-RESERVE AND SURPLUS SCHEDULE Reserves and Surplus
11 NL-11-BORROWING SCHEDULE Borrowings
12 NL-12-INVESTMENT SCHEDULE Shareholders
13 NL-13-LOANS SCHEDULE Loans
14 NL-14-FIXED ASSETS SCHEDULE Fixed Assets
15 NL-15-CASH AND BANK BALANCE SCHEDULE Cash and Bank Balance
16 NL-16-ADVANCES AND OTHER ASSETS SCHEDULE Advances & Other Assets
17 NL-17-CURRENT LIABILITIES SCHEDULE Current Liabilities
18 NL-18-PROVISIONS SCHEDULE Provisions
19 NL-19-MISC EXPENDITURE SCHEDULE Misc Expenditure
20 NL-20-RECEIPTS AND PAYMENT SCHEDULE Receipts & Payment Statement
21 NL-21-STATEMENT OF LIABILITIES Statement of Liablities
22 NL-22-GEOGRAPHICAL DISTN OF BSNS Geographical Distribution of Business
23 NL-23-REINSURANCE RISK CONCENTRATION Reinsurance Risk Concentration
24 NL-24-AGEING OF CLAIMS Ageing of Claims
25 NL-25-CLAIMS DATA Claims Data
26 NL-26-CLAIMS INFORMATION Claims Information
27 NL-27-OFFICE OPENING Office Opening
28 NL-28-STATEMENT OF ASSETS Statement of Investment of Assets
29 NL-29-DEBT SECURITIES Debt Securities
30 NL-30-ANALYTICAL RATIOS Analytical Ratios
31 NL-31-RELATED PARTY TRANSACTIONS Related Party Transanctions
32 NL-32-PRODUCT INFORMATION Product Information
33 NL-33-SOLVENCY MARGIN Solvency
34 NL-34-BOD Board of Directors & Management
35 NL-35-NPAs NPAs
36 NL-36-YIELD ON INVESTMENTS Yield on Investment
37 NL-37-DOWN GRADING OF INVESTMENTS Downgrading of Investment
38 NL-38-BSNS RETURNS ACROSS LOB Quarterly Business Returns for different line of business (Premum amount and number of policies)
39 NL-39-RURAL AND SOCIAL SECTOR OBLIGATIONS Rural & Social Sector Obligations
40 NL-40-CHANNEL WISE PREMIUM Business Acquisition through different channels
41 NL-41-GRIEVANCE DISPOSAL Grievance Disposal
Disclosures - NON- LIFE INSURANCE COMPANIES
Reliance General Insurance Company Limited
FORM NL-1-B-RA
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Registration No. and Date of Registration with the IRDA: Regn. No. 103 dated 23.10.2000
REVENUE ACCOUNT FOR THE YEAR ENDED March 31, 2010 - Fire Insurance Business
Particulars Schedule FOR THE YEAR
ENDED MARCH 31,
2010
FOR THE YEAR
ENDED MARCH 31,
2009
(Rs.’000) (Rs.’000)
1 Premiums earned (Net) NL-4-Premium
Schedule
407,430 415,146
2 Profit/ Loss on sale/redemption
of Investments
13,374 12,684
3 Others (to be specified) - -
4 Interest, Dividend & Rent – Gross 59,250 57,460
TOTAL (A) 480,054 485,290
1 Claims Incurred (Net) NL-5-Claims
Schedule
317,232 288,940
2 Commission NL-6-Commission
Schedule
(141,866) (148,091)
3 Operating Expenses related to Insurance
Business
NL-7-Operating
Expenses Schedule
114,870 163,441
4 Premium Deficiency - -
TOTAL (B) 290,236 304,290
Operating Profit/(Loss) from
Fire/Marine/Miscellaneous Business
C= (A - B)
189,818 181,000
APPROPRIATIONS
Transfer to Shareholders’ Account
Transfer to Catastrophe Reserve
Transfer to Other Reserves (to be
specified)
TOTAL (C)
Schedules referred to above, significant accounting policies and notes to accounts form an integral
part of the Financial Statements.
PERIODIC DISCLOSURES
FORM NL-1-B-RA
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Registration No. and Date of Registration with the IRDA: Regn. No. 103 dated 23.10.2000
REVENUE ACCOUNT FOR THE YEAR ENDED March 31, 2010 - Marine Insurance Business
Particulars Schedule FOR THE YEAR
ENDED MARCH 31,
2010
FOR THE YEAR
ENDED MARCH
31, 2009
(Rs.’000) (Rs.’000)
1 Premiums earned (Net) NL-4-Premium
Schedule
179,990 151,073
2 Profit/ Loss on sale/redemption
of Investments
2,837 3,430
3 Others (to be specified) - -
4 Interest, Dividend & Rent – Gross 12,570 15,537
TOTAL (A) 195,397 170,040
1 Claims Incurred (Net) NL-5-Claims
Schedule
178,105 184,906
2 Commission NL-6-Commission
Schedule
(5,319) 1,046
3 Operating Expenses related to Insurance
Business
NL-7-Operating
Expenses Schedule
48,175 72,194
4 Premium Deficiency (25,400) 25,400
TOTAL (B) 195,561 283,546
Operating Profit/(Loss) from
Fire/Marine/Miscellaneous Business
C= (A - B)
(164) (113,506)
APPROPRIATIONS
Transfer to Shareholders’ Account
Transfer to Catastrophe Reserve
Transfer to Other Reserves (to be
specified)
TOTAL (C)
Schedules referred to above, significant accounting policies and notes to accounts form an
integral part of the Financial Statements.
PERIODIC DISCLOSURES
FORM NL-1-B-RA
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Registration No. and Date of Registration with the IRDA: Regn. No. 103 dated 23.10.2000
REVENUE ACCOUNT FOR THE YEAR ENDED March 31, 2010 - Miscellaneous Insurance Business
Particulars Schedule FOR THE YEAR
ENDED MARCH 31,
2010
FOR THE YEAR
ENDED MARCH 31,
2009
(Rs.’000) (Rs.’000)
1 Premiums earned (Net) NL-4-
Premium
Schedule
13,405,064 13,322,422
2 Profit/ Loss on sale/redemption
of Investments
173,479 161,389
3 Others - Exchange Gain/(Loss) 1,180 320
4 Interest, Dividend & Rent – Gross 768,561 731,082
TOTAL (A) 14,348,284 14,215,213
1 Claims Incurred (Net) NL-5-Claims
Schedule
11,361,605 10,262,723
2 Commission NL-6-
Commission
Schedule
(204,691) (168,412)
3 Operating Expenses related to Insurance
Business
NL-7-
Operating
Expenses
Schedule
4,643,285 5,174,786
4 Premium Deficiency - -
TOTAL (B) 15,800,199 15,269,097
Operating Profit/(Loss) from
Fire/Marine/Miscellaneous Business C=
(A - B)
(1,451,915) (1,053,884)
APPROPRIATIONS
Transfer to Shareholders’ Account
Transfer to Catastrophe Reserve
Transfer to Other Reserves (to be
specified)
TOTAL (C)
Schedules referred to above, significant accounting policies and notes to accounts form an
integral part of the Financial Statements.
PERIODIC DISCLOSURES
FORM NL-2-B-PL
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Registration No. and Date of Registration with the IRDA: Regn. No. 103 dated 23.10.2000
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED March 31, 2010
Particulars SCHEDULE FOR THE YEAR
ENDED MARCH
31, 2010
FOR THE YEAR
ENDED MARCH
31, 2009
(Rs.’000) (Rs.’000)
1 OPERATING PROFIT/(LOSS)
(a) Fire Insurance 189,818.00 181,000.10
(b) Marine Insurance (164.00) (113,506.37)
(c ) Miscellaneous Insurance (1,451,915.00) (1,053,883.60)
2 INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 395,473.00 396,038.66
(b) Profit on sale of investments 105,803.00 91,031.63
Less: Loss on sale of investments (16,537.00) (3,604.45)
3 OTHER INCOME (To be specified)
Profit / (Loss) on Sale of Assets (209.00) (1,734.89)
Miscellaneous Income 13,750.00 6,868.89
TOTAL (A) (763,981.00) (497,789.04)
4 PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - -
(b) For doubtful debts - -
(c) Others (to be specified) (137,600.00) -
5 OTHER EXPENSES
(a) Expenses other than those related to Insurance Business (3,889.00) (3,893.00)
(b) Bad debts written off - -
(c) Others (To be specified) - -
TOTAL (B) (141,489.00) (3,892.60)
Profit Before Tax (905,470.00) (501,681.64)
Provision for Taxation
(a) Current Tax - -
(b) Deferred Tax 401,200.00 -
(c ) Fringe Benefit Tax - (21,500.00)
Profit After Tax (504,270.00) (523,181.64)
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)
- -
Balance of profit/ loss brought forward from last year (1,654,654.00) (1,131,471.68)
Balance carried forward to Balance Sheet (2,158,924.00) (1,654,654.32)
Significant accounting policies and notes to accounts form an integral part of the Financial Statements.
PERIODIC DISCLOSURES
FORM NL-3-B-BS
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Registration No. and Date of Registration with the IRDA: Regn. No. 103 dated 23.10.2000
BALANCE SHEET AS AT 31ST MARCH 2010
Schedule As At 31-03-10 As At 31-03-09
(Rs.’000) (Rs.’000)
SOURCES OF FUNDS
SHARE
CAPITAL
NL-8-Share Capital
Schedule
1,152,239 1,130,811
SHARE APPLICATION MONEY PENDING
ALLOTMENT
RESERVES AND SURPLUS NL-10-Reserves and
Surplus Schedule
8,918,392 6,839,821
FAIR VALUE CHANGE ACCOUNT (88,817) (695,844)
BORROWINGS NL-11-Borrowings
Schedule
-
TOTAL 9,981,814 7,274,788
APPLICATION OF FUNDS
INVESTMENTS NL-12-Investment
Schedule
16,566,610 13,639,726
LOANS NL-13-Loans Schedule 300,627 300,627
FIXED ASSETS NL-14-Fixed Assets
Schedule
475,067 643,735
DEFERRED TAX ASSET 409,735 8,535
CURRENT ASSETS
Cash and Bank Balances NL-15-Cash and bank
balance Schedule
824,256 1,142,390
Advances and Other Assets NL-16-Advancxes and
Other Assets Schedule
7,423,960 5,594,945
Sub-Total (A) 8,248,216 6,737,335
CURRENT LIABILITIES NL-17-Current
Liabilities Schedule
11,025,054 8,809,835
PROVISIONS NL-18-Provisions
Schedule
7,152,311 6,899,989
DEFERRED TAX LIABILITY - -
Sub-Total (B) 18,177,365 15,709,824
NET CURRENT ASSETS (C) = (A - B) (9,929,149) (8,972,489)
MISCELLANEOUS EXPENDITURE (to the extent NL-19-Miscellaneous - -
DEBIT BALANCE IN PROFIT AND LOSS
ACCOUNT
2,158,924 1,654,654
TOTAL 9,981,814 7,274,788
CONTINGENT LIABILITIES
Particulars As At 31-03-10 As At 31-03-09
(Rs.’000) (Rs.’000)
Partly paid-up investments - -
Claims, other than against policies, not acknowledged
as debts by the company
- -
Underwriting commitments outstanding (in respect of
shares and securities)
- -
Guarantees given by or on behalf of the Company - -
Statutory demands/ liabilities in dispute, not provided
for
10,224 32,077
Reinsurance obligations to the extent not provided for
in accounts
- -
Others (to be specified) - -
TOTAL 10,224 32,077
Schedules referred to above, significant accounting policies and notes to accounts form an integral
part of the Financial Statements.
PERIODIC DISCLOSURES
FORM NL-4-PREMIUM SCHEDULE
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Registration No. and Date of Registration with the IRDA: Regn. No. 103 dated 23.10.2000
PREMIUM EARNED [NET]
Particulars FOR THE YEAR
ENDED MARCH 31,
2010
FOR THE YEAR
ENDED MARCH 31,
2009
(Rs.’000) (Rs.’000)
Premium from direct business written # 19,796,515 19,148,849
Service Tax ‐ ‐
Adjustment for change in reserve for unexpired risks ‐ ‐
Gross Earned Premium
19,796,515 19,148,849
Add: Premium on reinsurance accepted 1,762,584 1,604,363
Less : Premium on reinsurance ceded 7,271,879 6,757,604
Net Premium 14,287,220 13,995,608
Adjustment for change in reserve for unexpired risks (294,736) (106,968)
Premium Earned (Net) 13,992,484 13,888,641
* - Including Indian Motor Third Party Insurance Pool Transactions
(Refer note no. 19 in schedule 17 of notes to accounts)
PERIODIC DISCLOSURES
# - Includes premium reversal arising out of cancellation pertaining to previous years
amounting to Rs 81,242/- thousands.
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-5 - CLAIMS SCHEDULE
CLAIMS INCURRED [NET] (Rs. In '000)
Particulars
Financial
year
ending
Claims Paid from
direct business
written
Claims Paid
on reinsurance
Accepted
Claims Recovered
on reinsurance
ceded
Net Claims Paid
(3+4-5)
Outstanding
Claims on
31-03-2010 *
Outstanding
Claims on
31-03-2009
Net Claims Incurred
(6+7-8)
1 2 3 4 5 6 7 8 9
Fire Mar-10 779,642 16,363 532,948 263,057 274,149 219,974 317,232
Mar-09 1,057,877 8,110 769,226 296,761 219,974 227,794 288,940
Marine Cargo Mar-10 307,107 - 159,218 147,889 76,795 75,291 149,393
Mar-09 280,953 - 139,413 141,540 75,291 41,592 175,239
Marine Hull Mar-10 65,515 - 41,692 23,823 15,178 10,289 28,712
Mar-09 2,699 - 2,316 383 10,289 1,004 9,667
Marine Total Mar-10 372,622 - 200,910 171,712 91,973 85,580 178,105
Mar-09 283,652 - 141,729 141,923 85,580 42,596 184,906
Motor OD Mar-10 5,883,217 - 631,663 5,251,554 1,322,896 908,000 5,666,450
Mar-09 5,325,981 - 917,280 4,408,701 908,000 722,591 4,594,110
Motor TP Mar-10 2,123,632 - 1,356,838 766,794 6,373,689 4,465,492 2,674,991
Mar-09 630,921 - 262,825 368,096 4,465,492 2,238,767 2,594,821
Motor Total Mar-10 8,006,849 - 1,988,501 6,018,348 7,696,585 5,373,492 8,341,441
Mar-09 5,956,902 - 1,180,105 4,776,797 5,373,492 2,961,358 7,188,931
Employer's Liability Mar-10 21,217 - 2,820 18,397 17,982 17,828 18,551
Mar-09 30,922 - 5,152 25,770 17,828 7,082 36,516
Public Liability Mar-10 6,867 - 2,167 4,700 8,117 23,197 (10,380)
Mar-09 8,294 - 1,659 6,635 23,197 712 29,120
Engineering Mar-10 471,490 23 372,168 99,345 136,831 90,703 145,473
Mar-09 406,991 45 319,290 87,746 90,703 50,256 128,192
Aviation Mar-10 125,740 - 84,287 41,453 27,820 20,290 48,983
Mar-09 1,103 - 889 214 20,290 200 20,305
Personal Accident Mar-10 320,845 - 217,628 103,217 50,753 49,594 104,376
Mar-09 317,181 - 215,189 101,992 49,594 24,888 126,698
Health Mar-10 2,635,351 - 288,956 2,346,395 580,990 358,671 2,568,714
Mar-09 2,856,611 - 426,821 2,429,790 358,671 247,899 2,540,562
Other Misc. Mar-10 337,878 - 206,645 131,233 89,673 76,458 144,448
Mar-09 334,493 - 156,861 177,632 76,458 61,692 192,399
Misc Total Mar-10 11,926,237 23 3,163,172 8,763,088 8,608,751 6,010,234 11,361,605
Mar-09 9,912,497 45 2,305,966 7,606,576 6,010,234 3,354,087 10,262,723
Total MAR'10 13,078,501 16,386 3,897,030 9,197,857 8,974,872 6,315,787 11,856,942
Total MAR'09 11,254,026 8,155 3,216,921 8,045,260 6,315,787 3,624,478 10,736,569
* - Including Indian Motor Third Party Insurance Pool Transactions (Refer note no. 19 in schedule 17 of notes to accounts)
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-6-COMMISSION SCHEDULE
(Rs. In '000)
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Particulars
Financial year
ending
Commission paid
on direct
business written
Brokerage paid
on direct
business
Commission paid
on reinsurance
accepted
Commission
received from
reinsurance
ceded
Net commission
(3+4+5-6)
1 2 3 4 5 6 7
Fire Mar-10 18,557 31,073 3,479 194,975 (141,866)
Mar-09 17,008 41,805 4,752 211,656 (148,091)
Marine Cargo Mar-10 5,076 7,762 248 17,764 (4,678)
Mar-09 7,347 16,837 114 20,760 3,538
Marine Hull Mar-10 41 1,802 5 2,489 (641)
Mar-09 49 2,585 13 5,139 (2,492)
Marine Total Mar-10 5,117 9,564 253 20,253 (5,319)
Mar-09 7,396 19,422 127 25,899 1,046
Motor OD Mar-10 35,137 124,881 - 174,539 (14,521)
Mar-09 58,185 123,780 - 169,134 12,831
Motor TP Mar-10 - - - 31,695 (31,695)
Mar-09 - - - 24,040 (24,040)
Motor Total Mar-10 35,137 124,881 - 206,234 (46,216)
Mar-09 58,185 123,780 - 193,174 (11,209)
Employer's Liability Mar-10 990 2,764 - 1,396 2,358
Mar-09 1,260 2,518 - 1,657 2,121
Public Liability Mar-10 248 2,259 - 13,078 (10,571)
Mar-09 537 4,182 6 12,834 (8,109)
Engineering Mar-10 6,513 34,725 1,718 191,710 (148,754)
Mar-09 8,305 41,820 565 269,386 (218,696)
Aviation Mar-10 136 2,498 4,709 1,771 5,572
Mar-09 330 179 141 3,338 (2,688)
Personal Accident Mar-10 6,330 8,307 25 60,123 (45,461)
Mar-09 6,052 19,609 51 60,477 (34,765)
Health Mar-10 26,450 89,077 191 45,250 70,468
Mar-09 75,369 112,968 - 70,075 118,262
Other Misc. Mar-10 9,980 7,010 5 49,082 (32,087)
Mar-09 8,547 25,930 2 47,807 (13,328)
Misc Total Mar-10 85,784 271,521 6,648 568,644 (204,691)
Mar-09 158,585 330,986 765 658,748 (168,412)
Total MAR'10 109,458 312,158 10,380 783,872 (351,876)
Total MAR'09 182,989 392,213 5,644 896,303 (315,457)
(Rs. In '000)
Break-up of the
expenses (Gross)
incurred to procure
business to be
furnished as per
details indicated
below:
FOR THE
YEAR ENDED
MARCH 31,
2010
FOR THE YEAR
ENDED MARCH
31, 2009
Agents 92,282 113,554
Brokers 312,158 392,213
Corporate Agency 17,176 69,435
Referral - -
Others (pl. specify) - -
TOTAL (B) 421,616 575,202
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-7-OPERATING EXPENSES SCHEDULE
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS (Rs. In '000)
Particulars
FOR THE YEAR
ENDED MARCH
31, 2010
FOR THE YEAR
ENDED MARCH
31, 2009
1 Employees’ remuneration & welfare benefits 1,035,742 1,498,194
2 Company's contribution to Provident fund and others 54,435 52,512
3 Travel, conveyance and vehicle running expenses 43,306 95,439
4 Rents, rates & taxes 341,193 403,409
5 Repairs 127,535 176,379
6 Printing & Stationery 566,108 552,002
7 Communication expenses 137,676 207,645
8 Postage expenses 636,066 604,621
9 Legal & professional charges 151,664 193,911
10 Directors' Sitting fees 500 520
11 Auditors remuneration
a. Audit fees 2,150 1,900
b. Tax Audit fees 350 300
c. Certification Fees 85 75
12 Advertisement and Publicity 71,036 132,543
13 Interest and Bank Charges 31,975 31,852
14 Entertainment expenses 1,205 3,880
15 Office maintenance expenses 99,053 135,489
16 Office management expenses 953,752 872,547
17 Recruitment & Training expenses 13,399 21,343
18 Depreciation 316,437 229,256
19 Subscriptions and membership fees 23,790 16,083
20 Coinsurance Expenses (net) 14,162 7,858
21 Sales & Distribution expenses - -
22 Loss minimisation expenses - -
23 Miscellaneous expenses 188,600 176,556
TOTAL 4,810,219 5,414,314
Allocation:
Fire Revenue Account 114,870 163,441
Marine Revenue Account 48,175 72,194
Miscellaneous Revenue Account 4,643,285 5,174,786
Expenses not relating to Insurance Business taken in Profit & Loss A/c 3,889 3,893
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-8-SHARE CAPITAL SCHEDULE
SHARE CAPITAL
Particulars As at 31-03-2010 As at 31-03-2009
(Rs.’000). (Rs.’000).
1 Authorised Capital
20,00,00,000 Equity Shares of Rs.10 each 2,000,000 2,000,000
2 Issued Capital
115,223,941 Equity Shares of Rs.10each
(Previous year 11,30,81,084 Equity Shares)
1,152,239 1,130,811
3 Subscribed Capital
115,223,941 Equity Shares of Rs.10each
(Previous year 11,30,81,084 Equity Shares)
1,152,239 1,130,811
4 Called-up Capital
115,223,941 Equity Shares of Rs.10each
(Previous year 11,30,81,084 Equity Shares)
1,152,239 1,130,811
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 1,152,239 1,130,811
Note: Of the above 110,929,269 shares are held by Holding Company, Reliance
Capital Limited (previous year 108,786,412 Equity shares).
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE
SHARE CAPITAL
PATTERN OF SHAREHOLDING
[As certified by the Management]
Shareholder
Number of
Shares
% of Holding Number of
Shares
% of Holding
Promoters -
• Holding Company - Indian 110,929,269 96% 108,786,412 96%
• Holding Company - Foreign -
Others
• Reliance General Insurance
Employees Benefit Trust
4,294,672 4% 4,294,672 4%
TOTAL 115,223,941 100% 113,081,084 100%
As at 31-03-2009 As at 31-03-2010
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-10-RESERVE AND SURPLUS SCHEDULE
RESERVES AND SURPLUS
Particulars As at 31-03-2010 As at 31-03-2009
(Rs.’000). (Rs.’000).
1 Capital Reserve - -
2 Capital Redemption Reserve - -
3 Share Premium 8,918,392 6,839,821
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 - -
TOTAL 8,918,392 6,839,821
4
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-11-BORROWINGS SCHEDULE
BORROWINGS
Particulars As at 31-03-2010 As at 31-03-2009
(Rs.’000). (Rs.’000).
1 Debentures/ Bonds - -
2 Banks - -
3 Financial Institutions - -
4 Others (to be specified) - -
TOTAL - -
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-12-INVESTMENT SCHEDULE
INVESTMENT
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(Rs.’000). (Rs.’000).
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed bonds including
Treasury Bills
3,563,948 3,219,330
2 Other Approved Securities 1,342,781 554,112
3 Other Investments
( a) Shares - -
(aa) Equity 975,335 470,445
(bb) Preference - -
( b) Mutual Funds - -
(c) Derivative Instruments - -
(d) Debentures/ Bonds 2,025,963 2,486,581
(e) Other Securities (to be specified) - -
(f) Subsidiaries - -
(g) Investment Properties-Real Estate - -
4 Investments in Infrastructure and Social Sector 2,287,788 3,048,417
5 Other than Approved Investments 87,388 101,240
SHORT TERM INVESTMENTS
1 Government securities and Government guaranteed bonds including
Treasury Bills
301,255 673,069
2 Other Approved Securities 68,111 -
3 Other Investments
(a) Shares - -
(aa) Equity - -
(bb) Preference - -
(b) Mutual Funds 760,000 563,000
(a) Derivative Instruments - -
(b) Debentures/ Bonds 3,344,157 2,174,818
(c) Other Securities (to be specified) - -
(d) Subsidiaries - -
(e) Investment Properties-Real Estate - -
4 Investments in Infrastructure and Social Sector 1,007,125 298,714
5 Other than Approved Investments 802,759 50,000
TOTAL 16,566,610 13,639,726
Notes :
1. The market value of all investments as at 31st March, 2010 is Rs. 16,475,150 thousands (previous year Rs.
13,688,922 thousands)
2. Government Securities includes Rs. 104,894 thousand as at 31st March, 2010 (previous year Rs. 108,463
thousands), deposit u/s 7 of the Insurance Act, 1938.
3. All the above investments are performing assets.
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-13-LOANS SCHEDULE
LOANS
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(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 300,627 300,627
TOTAL 300,627 300,627
2 BORROWER-WISE CLASSIFICATION
(a) Central and State Governments - -
(b) Banks and Financial Institutions - -
(c) Subsidiaries - -
(d) Industrial Undertakings - -
(e) Others - Trustees of Reliance General
Insurance Employees Benefit Trust
300,627 300,627
TOTAL 300,627 300,627
3 PERFORMANCE-WISE CLASSIFICATION
(a) Loans classified as standard - -
(aa) In India 300,627 300,627
(bb) Outside India - -
(b) Non-performing loans less provisions - -
(aa) In India - -
(bb) Outside India - -
TOTAL 300,627 300,627
4 MATURITY-WISE CLASSIFICATION
(a) Short Term - -
(b) Long Term 300,627 300,627
TOTAL 300,627 300,627
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-14-FIXED ASSETS SCHEDULE
FIXED ASSETS
(Rs.’000)
Description
As at
01-04-09
Additions
Deductions/A
djustments
As at
31-03-10
As at 01-04-09 For the year
Deductions/
Adjustment
As at
31-03-10
As at
31-03-10
As at
31-03-09
Furniture & Fittings
91,445 33 534 90,944 40,633 9,188 217 49,604 41,339 50,812
Leasehold Improvements
76,742 - - 76,742 19,353 37,042 - 56,395 20,347 57,389
Information Technology Equipment
300,200 648 36,248 264,600 171,380 49,434 27,708 193,106 71,494 128,820
Intangible Asset (Computer Software)
351,538 151,446 - 502,984 167,446 190,098 - 357,544 145,440 184,092
Vehicles
22,895 - 916 21,979 13,285 2,396 541 15,141 6,838 9,610
Office Equipment
231,860 7,512 11,572 227,799 65,364 26,893 7,432 84,824 142,976 166,496
Plant & Machinery
12,340 - 747 11,593 1,967 1,387 138 3,215 8,378 10,373
Capital WIP
36,143 55,300 53,189 38,254 - - - - 38,254 36,143
Total
1,123,163 214,939 103,206 1,234,895 479,428 316,437 36,036 759,827 475,067 643,735
Previous Year
846,813 339,271 62,921 1,123,163 263,602 246,289 30,463 479,428 643,735 583,211
Gross Block Depreciation Net Block
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-15-CASH AND BANK BALANCE SCHEDULE
CASH AND BANK BALANCES
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(Rs.’000) (Rs.’000)
1 Cash (including cheques, drafts and
stamps)
28,694 17,650
2 Bank Balances
(a) Deposit Accounts - -
(aa) Short-term (due within 12
months)
- -
(bb) Others - -
(b) Current Accounts 795,562 372,977
(c) Others - Cheque in Transit - 724,022
(d) Others - Cash in Transit - 27,741
3 Money at Call and Short Notice
(a) With Banks - -
(b) With other Institutions - -
4 Others (to be specified) - -
TOTAL 824,256 1,142,390
Balances with non-scheduled banks
included in 2 and 3 above
- -
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
ADVANCES AND OTHER ASSETS
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(Rs.’000). (Rs.’000).
ADVANCES
1 Reserve deposits with ceding companies - -
2 Application money for investments - -
3 Prepayments 182,054 43,038
4 Advances to Directors/Officers - -
5 Advance tax paid and taxes deducted at
source (Net of provision for taxation)
85,139 70,335
6 Rental deposits 189,557 182,382
7 Advances to Staff 728 9,471
8 Unutilised Service Tax Credit 21,063 57,485
9 Other Advances 296,407 685,715
10 Provision (137,600) -
TOTAL (A) 637,348 1,048,426
OTHER ASSETS
1 Income accrued on investments 387,690 384,379
2 Outstanding Premiums - 11,119
3 Agents’ Balances 1,817 -
4 Foreign Agencies Balances - -
5 Due from other entities carrying on
insurance business
6,397,105 4,151,021
(including reinsurers)
6 Due from subsidiaries/ holding - -
7 Deposit with Reserve Bank of India - -
[Pursuant to section 7 of Insurance Act,
1938]
8 Others - ERF Investment in Fixed
Deposit with Banks
- -
TOTAL (B) 6,786,612 4,546,519
TOTAL (A+B) 7,423,960 5,594,945
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-17-CURRENT LIABILITIES SCHEDULE
CURRENT LIABILITIES
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(Rs.’000). (Rs.’000).
1 Agents’ Balances 765 2,219
2 Balances due to other insurance
companies
214,175 117,618
3 Deposits held on re-insurance
ceded
- -
4 Premiums received in advance 206,141 463,701
5 Unallocated Premium - -
6 Sundry creditors 792,841 938,120
7 Due to subsidiaries/ holding
company
- -
8 Claims Outstanding
(Includes claims related to
IMTPIP of Rs. 4,865,963 (Rs.
2,792,214). Refer note no.19)
8,974,872 6,315,788
9 Due to Officers/ Directors - -
10 Others - Environmental Relief
Fund Payable
133 9
11 Others - Premium Deficiency - 25,400
12 Others - Temporary Bank
Overdraft as per books of accounts
836,127 946,980
TOTAL 11,025,054 8,809,835
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-18-PROVISIONS SCHEDULE
PROVISIONS
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(Rs.’000). (Rs.’000).
1 Reserve for Unexpired Risk 7,124,658 6,829,922
2 For taxation (less advance tax paid and
taxes deducted at source)
- -
3 For proposed dividends - -
4 For dividend distribution tax - -
5 Others - Provision for Leave Encashment 27,653 70,067
6 Reserve for Premium Deficiency - -
TOTAL 7,152,311 6,899,989
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-19 MISC EXPENDITURE SCHEDULE
MISCELLANEOUS EXPENDITURE
(To the extent not written off or adjusted)
Particulars AS AT 31-03-2010 AS AT 31-03-2009
(Rs.’000). (Rs.’000).
1 Discount Allowed in issue of shares/
debentures
- -
2 Others (to be specified) - -
TOTAL - -
RELIANCE GENERAL INSURANCE COMPANY LIMITED
FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE
(Rs. In '000)
Particulars
Cash and cash equivalents at the beginning of the year 195,409 (562,086)
Cash flows from operating activities :
Direct Premiums received 19,629,825 19,391,542
Payment to re-insurers, net of commissions and claims (2,773,157) (2,732,285)
Payment to co-insurers, net claims recovery (235,595) (482,221)
Direct Claims Paid (13,078,500) (11,254,025)
Direct Commission / Brokerage Payments (424,869) (575,074)
Payment of other operating expenses (4,264,029) (4,624,053)
Preliminary and pre-operating expenses - -
Deposits, Advances, and Staff loans 131,205 (395,565)
Income tax paid (Net) (10,387) (3,030)
Wealth tax paid (27) (89)
Other Receipts/payments 14,931 7,191
Cash flow before extraordinary items (1,010,605) (667,610)
Cash flow from extraordinary operations - -
Cash flow from operating activities (1,010,605) (667,610)
Cash flows from investing activities :
Purchase of investments (Net) (26,509,508) (12,668,744)
Sale of investment (including gain/loss) 25,803,372 12,831,481
Purchase of fixed Assets (214,939) (339,272)
Proceeds from sale of fixed assets 66,961 30,724
Rent/ Interest/ Dividends received 943,667 955,669
Investment in money market instruments and in liquid
mutual funds (Net)
(1,382,339) (980,858)
Repayment received - -
Loan Given - (300,627)
Expenses related to investments (3,889) (3,893)
Net Cash flow from investing activies (1,296,675) (475,520)
Cash flows from financing activities :
Proceeds from issuance of share capital 2,100,000 1,900,627
Proceeds from borrowings - -
Repayment of borrowings - -
Interest/ Dividend Paid - -
Cash flow from financing activities 2,100,000 1,900,627
Cash and cash equivalents at the end of the year
including Bank Overdraft
(11,869) 195,409
* Cash and cash Equivalent at the end of period:
Cash & Bank balance as per schedule 824,256 1,142,390
Less: Temporary book over draft as per schedule (836,127) (946,981)
Cash and Cash Equivalent at the end of period (11,871) 195,409
Registration No and Date of Registration with the IRDA : Regn. No. 103 dated 23.10.2000
RECEIPTS AND PAYMENTS ACCOUNT FOR THE PERIOD ENDED 31st March, 2010
Current Year Previous Year
Insurer: Reliance General Insurance Company Ltd Date:
(Rs in Lakhs)
Sl.No. Particular
Reserves for
unexpired risks
Reserve for
Outstanding
Claims
IBNR Reserves Total Reserves
Reserves for
unexpired
risks
Reserve for
Outstanding
Claims
IBNR Reserves Total Reserves
1 Fire 1,680.00 2,442.13 299.36 4,421.49 2,402.00 2,037.65 162.08 4,601.73
2 Marine
a Marine Cargo 680.00 638.47 129.47 1,447.94 1,033.00 467.51 285.40 1,785.91
b Marine Hull 60.00 143.17 8.61 211.78 101.00 98.88 4.00 203.88
3 Miscellaneous
a Motor 55,036.58 65,949.14 11,016.70 132,002.42 50,077.22 46,016.62 7,718.31 103,812.15
b Engineering 2,100.00 1,294.17 74.14 3,468.31 1,300.00 807.02 100.00 2,207.02
c Aviation 100.00 273.20 5.00 378.20 32.00 200.91 2.00 234.91
d Liabilities 440.00 157.55 103.44 700.99 197.00 129.75 102.22 428.97
e Rural Insurance 130.00 160.94 - 290.94 229.00 160.02 - 389.02
f Others 1,320.00 922.50 320.82 2,563.32 1,978.00 512.89 765.90 3,256.79
4 Health Insurance 10,463.09 2,861.35 2,948.54 16,272.98 13,814.28 1,183.55 2,403.16 17,401.00
5 Total Liabilities 72,009.67 74,842.62 14,906.08 161,758.37 71,163.51 51,614.81 11,543.07 134,321.38
* Motor IBNR reserve does not inclide that relating to Motor Third Party Pool.
PERIODIC DISCLOSURES
FORM NL-21: Statement of Liabilities
As At 31‐03‐09
31-Mar-10
As At 31‐03‐10
Statement of Liabilities
FORM NL-22 Geographical Distribution of Business
Insurer: Reliance General Insurance Company Ltd Date: 31-Mar-10
GROSS DIRECT PREMIUM UNDERWRITTEN FOR THE FY: 09-10
(Rs in Lakhs)
For the yr Prev Yr For the yr Prev Yr
For the
yr Prev Yr
For the
yr Prev Yr For the yr Prev Yr For the yr Prev Yr For the yr Prev Yr For the yr Prev Yr
For the
yr Prev Yr
For the
yr Prev Yr For the yr Prev Yr For the yr Prev Yr
For the
yr Prev Yr
For the
yr Prev Yr For the yr Prev Yr For the yr Prev Yr
Andhra Pradesh 536 577 86 59 11 100 105 68 1,124 2,356 12,060 11,472 69 101 41 29 - - - - 530 407 1,322 1,289 - - - - 209 252 16,093 16,711
Assam 88 38 8 17 - - - - 26 12 1,911 2,189 3 2 0 1 - - - - 4 3 16 2,770 - - - - 32 9 2,087 5,041
Bihar 20 13 0 1 - - - - 4 2 1,441 1,232 1 0 0 0 - - - - 2 3 13 16 - - - - 46 8 1,527 1,274
Chandigarh 471 264 18 29 - - - - 16 2 2,030 2,014 0 2 2 1 - - - - 32 39 119 183 - - - - 69 401 2,757 2,937
Chattisgarh 21 9 3 5 - - 9 - 4 5 1,282 1,296 8 12 - - - - - - 45 30 9 15 - - - - 16 3 1,396 1,375
Delhi 1,882 1,651 374 333 54 65 73 9 1,195 1,907 14,691 11,704 111 108 639 903 - - - - 213 267 2,637 2,445 - - - - 701 474 22,571 19,865
Goa 5 11 1 (1) 13 10 - - 5 8 322 367 2 0 0 0 - - - - 0 1 15 28 - - - - 4 3 368 429
Gujarat 1,463 1,763 175 298 1 14 - (25) 401 640 7,142 7,604 143 155 26 24 - - - - 165 223 2,449 3,890 - - - - 859 1,225 12,824 15,812
Haryana 291 574 34 101 - 29 - - 853 1,036 9,011 7,149 17 18 40 98 - - - - 149 205 964 2,107 - - - - 704 1,069 12,064 12,385
Himachal Pradesh 20 2 0 0 - - - - 3 2 627 193 2 1 - 1 - - - - 0 0 1 2 - - - - 54 2 707 204
Jammu & Kashmir 26 12 (1) 2 - - - - 4 2 793 703 2 6 - 0 - - - - 0 1 11 14 - - - - 69 35 905 775
Jharkhand 36 21 22 19 - - - - 88 79 1,229 1,828 4 5 13 - - - - - 91 48 43 30 - - - - 38 19 1,565 2,050
Karnataka 340 301 75 90 2 3 - - 137 151 8,804 6,748 11 12 22 20 - - - - 276 293 3,198 5,927 - - - - 162 139 13,028 13,684
Kerala 129 112 9 11 4 2 - - 68 61 9,572 7,012 7 9 6 6 - - - - 50 48 454 566 - - - - 55 50 10,353 7,876
Madhya Pradesh 78 41 17 42 - - - - 58 46 1,879 1,825 2 5 0 2 - - - - 6 19 108 135 - - - - 48 14 2,196 2,127
Maharashtra 5,891 5,479 1,058 1,240 115 240 3,843 1,021 4,845 3,694 17,409 15,959 159 181 262 549 - - - - 67 896 5,406 7,121 - - - - 1,737 1,840 40,793 38,219
Orissa 84 57 6 13 - - - - 61 95 1,609 1,823 1 2 0 0 - - - - 4 4 15 39 - - - - 66 4 1,848 2,038
Puducherry 2 2 - 0 - - - - - 0 275 286 - 0 - - - - - - - 1 1 4 - - - - 0 1 277 295
Punjab 217 307 56 86 - - - - 38 52 4,396 4,396 7 6 8 4 - - - - 24 38 347 491 - - - - 128 110 5,221 5,489
Rajasthan 96 153 42 53 - - - - 41 95 5,000 4,121 10 8 0 1 - - - - 1,381 1,210 79 1,219 - - - - 107 14 6,758 6,874
Tamil nadu 319 572 322 438 22 - - - 261 279 8,267 7,062 31 28 19 22 - - - - 114 259 5,276 1,154 - - - - 87 175 14,716 9,987
Uttar Pradesh 394 363 68 99 - - 31 27 170 397 11,500 9,708 16 22 62 32 - - - - 19 67 517 805 - - - - 147 148 12,925 11,668
Uttarakhand 11 17 3 4 - - - - 4 11 1,145 856 2 2 - - - - - - 1 31 31 55 - - - - 8 2 1,204 977
West Bengal 1,537 1,343 356 282 6 14 - 2 980 993 9,475 8,937 72 138 40 56 - - - - 231 117 843 778 - - - - 238 735 13,779 13,396
Grand Total 13,957 13,684 2,733 3,223 228 477 4,061 1,101 10,388 11,923 131,871 116,482 681 825 1,183 1,749 - - - - 3,406 4,210 23,875 31,082 - - - - 5,583 6,733 197,965 191,488
Fire Marine (Cargo) Personal Accident Medical Insurance All Other Miscellaneous Grand Total Engineering Motor
PERIODIC DISCLOSURES
Marine (Hull) Aviation
Overseas medical
Insurance Employer's Liab Public Liab Product Liab Other Liab
STATES
Crop Insurance
Insurer: Reliance General Insurance Co.Ltd Date:
(Rs in Lakhs)
S.No. Reinsurance Placements
No. of
reinsurers
Proportional
Non-
Proportional
Facultative
Premium ceded to
reinsurers / Total
reinsurance
premium ceded (%)
1 No. of Reinsurers with rating of AAA and above
11 1,677.96 62.48 684.47 4.90%
2 No. of Reinsurers with rating AA but less than AAA
24 34,795.17 1,996.89 1,765.09 77.91%
3 No. of Reinsurers with rating A but less than AA
93 2,811.26 234.21 4,153.10 14.55%
4 No. of Reinsurers with rating BBB but less than A
8 12.71 2.97 695.22 1.44%
5 No. of Reinsurers with rating less than BBB
0 0.00 0.00 0.00 0.00%
6 No. of Indian reinsurer other than GIC
10 0.00 0.00 595.98 1.20%
Total 146 39,297.09 2,296.55 7,893.85 100.00%
PERIODIC DISCLOSURES
3/31/2010
FORM NL-23 :Reinsurance Risk Concentration
Reinsurance Risk Concentration
Insurer: Reliance General Insurance Company Limited Date:
(Rs in Lakhs)
Line of Business
Total No. of
claims paid
Total amount
of claims paid
1 month 1 ‐ 3 months 3 ‐ 6 months 6 months ‐ 1 year > 1 year
1
Fire 833 304 221 201 72 1631 7,321.93
2
Marine Cargo 2575 421 191 147 84 3418 3,071.07
3
Marine Hull 5 1 1 2 0 9 655.06
4
Engineering 624 318 191 172 81 1386 4,714.90
5
Motor OD 173631 60884 13196 3522 1164 252397 58,898.84
6
Motor TP 29 135 425 1542 1598 3730 9,325.58
7 Health 57310
26633
6782 3123 1252 95101 25,173.19
8
Overseas Travel 144 464 367 198 49 1222 1,185.31
9
Personal 1350 650 284 83 94 2461 4,815.05
10
Liability 65 31 33 27 4 160 280.83
11
Crop 0 0 0 0 0 0 -
12 Miscellaneous 1353 620 217 102 39 2332 3,322.65
Ageing of Claims
Sl.No.
PERIODIC DISCLOSURES
No. of claims paid
FORM NL-24 : Ageing of Claims
31/03/2010
Insurer: Reliance General Insurance Company Limited Date: 31/03/10
No. of claims only
Sl. No. Claims Experience Fire
Marine
Cargo
Marine
Hull
Engineer
ing
Motor OD Motor TP Health
Overseas
Travel
Personal
Accident
Liability Crop Credit
Miscellan
eous
Total
1 Claims O/S at the beginning of the period 330 339 7 384 12205 13226 8958 228 340 115 554 36686
2 Claims reported during the period 2681 4283 27 2150 306381 11113 115396 1705 4396 395 6048 454575
3 Claims Settled during the period 1631 3418 9 1386 252397 3730 95101 1222 2461 160 2332 363847
4 Claims Repudiated during the period 716 144 8 132 7124 10524 16 1676 30 3445 23815
5 Claims closed during the period 549 380 23290 397 5863 141 170 101 30891
6 Claims O/S at End of the period 664 511 17 636 35775 20212 12866 554 599 150 724 72708
Less than 3months 255 227 6 288 26624 2388 8634 325 348 47 446 39588
3 months to 6 months 177 125 4 196 6204 2675 1450 84 196 32 124 11267
6months to 1 year 125 122 3 109 2856 4409 1225 122 55 32 102 9160
1year and above
107 37 4 43 91 10740 1557 23 39 52 12693
PERIODIC DISCLOSURES
FORM NL-25 : Quarterly claims data for Non-Life
Solvency for the year ended on 31st March 2010
Required solvency margin based on net premium and net incurred claims (Rs. in Lacs)
1 Fire 14,561.00 3,352.00 8,861.00 3,172.00 1,456.00 1,329.00 1,456.00
2 Marine Cargo 2,733.00 1,354.00 2,834.00 1,494.00 328.00 510.00 510.00
3 Marine Hull 228.00 52.00 427.00 287.00 23.00 86.00 86.00
4 Motor 131,871.00 110,031.00 93,754.00 83,414.00 22,006.00 25,024.00 25,024.00
5 Engineering 10,475.00 3,267.00 4,959.00 1,455.00 1,047.00 744.00 1,047.00
6 Aviation 4,061.00 189.00 2,437.00 490.00 406.00 366.00 406.00
7 Laibilities 1,864.00 856.00 (83.00) 82.00 280.00 86.00 280.00
8 Others 8,989.00 2,845.00 8,178.00 2,488.00 1,258.00 1,717.00 1,717.00
9 Health 23,875.00 20,926.00 28,792.00 25,687.00 4,185.00 7,706.00 7,706.00
Total 198,656.00 142,872.00 150,159.00 118,569.00 30,990.00 37,569.00 38,233.00
Note : Rural Insurance is included in the respective class of business.
PERIODIC DISCLOSURES
FORM NL-26 : CLAIMS INFORMATION - KG Table I
RSM-1 RSM-2 RSM
Gross
Premium
Net
Premium
Gross
incurred
claim
Net incurred
Claim
Item
No. Description
PREMIUM CLAIMS
Insurer : Reliance General Insurance Company Limited.
FORM NL-27 : Offices information for Non-Life
Insurer: Reliance General Insurance Company Limited Date: 3/31/2010
Sl. No.
1
2
3
Out of
approvals
of
previous
year
4
Out of
approvals
of this
year
5
6
7
8
9
No. of branches approved but not opend
No. of rural branches
No. of urban branches
0
0
200
200
No. of offices at the beginning of the year
No. of branches approved during the year
No. of branches closed during the year
No of branches at the end of the year
No. of branches opened during the year 0
0
0
PERIODIC DISCLOSURES
Number
200
0
Office Information
FORM NL-28-STATEMENT OF ASSETS - 3B
COMPANY NAME : RELIANCE GENERAL INSURANCE COMPANY LIMITED
CODE: 103
STATEMENT AS ON : 31.03.2010
STATEMENT OF INVESTMENT ASSETS (General Insurer, Re-Insurers)
(Business within India)
PERIODICITY OF SUBMISSION : QUARTERLY Rs. In Lakhs
NO PARTICULARS SCH AMOUNT
1 Investments 8 165,666.10
2 Loans 9 3,006.27
3 Fixed Assets 10 4,750.67
4 Current Assets
a. Cash & Bank Balance 11 8,242.56
b. Advances & Other Assets 12 78,336.95
5 Current Liabilities
a. Current Liabilities 13 (110,250.54)
b. Provisions 14 (71,523.11)
c. Misc. Exp not written off - 0.00
d. Debit balance of P&L A/c - 21,589.24
Application Of Funds as per Balance Sheet (A) TOTAL (A) 99,818.14
Less : OTHER ASSETS SCH AMOUNT
1 Loans (if any) 9 3,006.27
2 Fixed Assets (if any) 10 4,750.67
3 Cash & Bank Balance (if any) 11 8,242.56
4 Advances & Other Assets (if any) 12 78,336.95
5 Current Liabilities 13 (110,250.54)
6 Provisions 14 (71,523.11)
7 Misc. Expenses not written off - 0.00
8 Debit balance of P&L A/c - 21,589.24
TOTAL (B) TOTAL (B) (65,847.96)
Investment Assets As Per FORM 3B (A - B) 165,666.10
Balance FRSM
1
(a) (b) (c) d=(b+c) (e) (d + e)
1 Government Securities Not less than 20% 0.00 12,368.65 26,283.38 38,652.03 23.21% 0.00 38,652.03 37,244.94
2 Government Securities or Other Approved Securities (incl. (1) above) Not less than 30% 0.00 16,883.50 35,877.45 52,760.95 31.68% 0.00 52,760.95 51,367.40
3 Investment subject to Exposure Norms
1. Housing & Loans to SG for Housing and FFE, Infrastructure Investments Not less than 15% 0.00 14,242.08 30,264.42 44,506.51 26.72% (453.42) 44,053.08 44,336.93
2.Approved Investments 0.00 19,265.49 40,939.17 60,204.66 36.15% (254.07) 59,950.59 60,160.73
3.Other Investments (not exceeding 25%) 0.00 2,906.29 6,175.87 9,082.16 5.45% (180.68) 8,901.48 8,886.45
Total Investment Assets 100% 0.00 53,297.37 113,256.91 166,554.27 100.00% (888.17) 165,666.10 164,751.50
Note :
1 FRMS refers Funds representing Solvency margin
2 Pattern of Investment will apply only to SH funds representing FRSM
3 Book value shall not include funds beyond Solvency Margin
4 Other Investments are as permitted under Sec 27A(2) and 27B(3)
% Actual
Total
MARKET VALUE
FVC Amount Book Value (SH + PH)
Not exceeding 55%
PH
No 'Investment' represented as Reg. %
SH
FORM NL-29 Detail regarding debt securities
Insurer: Reliance General Insurance Company Ltd. Date: 3/31/2010
(Rs in Lakhs)
As at 31/03/2010
as % of total for
this class
as at 31/03/2009
Of the previous
year
as % of total for
this class
As at 31/03/2010
as % of total for
this class
as at 31/03/2009
Of the previous
year
as % of total for
this class
Break down by credit rating
AAA rated 74,885.35 48.88% 71,108.45 54.37% 74,416.06 48.29% 70,255.76 53.92%
AA or better 6,347.81 4.14% 9,477.33 7.25% 6,338.15 4.11% 9,434.21 7.24%
Rated below AA but above A - 0.00% 504.12 0.39% - 0.00% 500.00 0.38%
Rated below A but above B - 0.00% - 0.00% - 0.00% - 0.00%
Any other 71,967.40 46.98% 49,687.17 37.99% 73,360.95 47.60% 50,095.10 38.45%
BREAKDOWN BY
RESIDUALMATURITY
Up to 1 year 62,949.62 41.09% 37,792.47 28.90% 62,752.49 40.72% 37,596.01 28.86%
more than 1 yearand upto
3years
40,505.86 26.44% 40,607.46 31.05% 40,178.79 26.07% 40,021.52 30.72%
More than 3years and up to
7years
36,213.22 23.64% 23,507.43 17.98% 36,702.81 23.82% 23,568.33 18.09%
More than 7 years and up to
10 years
10,449.21 6.82% 26,701.00 20.42% 11,098.61 7.20% 26,779.91 20.55%
above 10 years 3,082.65 2.01% 2,168.70 1.66% 3,382.47 2.19% 2,319.29 1.78%
Breakdown by type of the
issurer
a. Central Government 37,244.94 24.31% 44,057.17 33.69% 38,652.03 25.08% 44,465.10 34.13%
b. State Government 14,122.46 9.22% - 0.00% 14,108.92 9.15% - 0.00%
c.Corporate Securities 101,833.16 66.47% 86,719.90 66.31% 101,354.21 65.77% 85,819.96 65.87%
Note
1. In case of a debt instrument is rated by more than one agency, then the lowest rating will be taken for the purpose of classification.
Note 1: 'AAA rated' includes Securities having rating as P1+
Note 2: 'Any other' under 'Break down by credit rating' contains Liquid MFs / CBLO / G‐Sec etc. It does not contain any Security which is rated below B
2. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment regulations.
PERIODIC DISCLOSURES
Detail Regarding debt securities
MARKET VALUE Book Value
FORM NL-30 Analytical Ratios
Insurer: Reliance General Insurance Company Limited Date: 31-Mar-10
Sl.No. Particular For the Current Year
For the Previous
Year
1 Gross Premium Growth Rate 3% -2%
2 Gross Premium to shareholders' fund ratio 267% 341%
3 Growth rate of shareholders'fund 32% 16%
4 Net Retention Ratio 72% 73%
5 Net Commission Ratio -2% -2%
6 Expense of Management to Gross Direct Premium Ratio 26% 31%
7 Combined Ratio 92% 90%
8 Technical Reserves to net premium ratio 113% 94%
9 Underwriting balance ratio -16% -14%
10 Operationg Profit Ratio -6% -3%
11 Liquid Assets to liabilities ratio 44% 37%
12 Net earning ratio -4% -4%
13 Return on net worth ratio -7% -9%
14
Available Solvency margin Ratio to Required Solvency
Margin Ratio
1.70 1.59
15 NPA Ratio
Gross NPA Ratio 0% 0%
Net NPA Ratio 0% 0%
1 (a) No. of shares 115,223,941 113,081,084
2 (b) Percentage of shareholding (Indian / Foreign)
Indian 100% 100%
Foreign 0% 0%
3
( c) %of Government holding (in case of public sector
insurance companies)
0% 0%
4
(a) Basic and diluted EPS before extraordinary items (net of
tax expense) for the period (not to be annualized)
(4.46) (4.81)
5
(b) Basic and diluted EPS after extraordinary items (net of tax
expense) for the period (not to be annualized)
(4.46) (4.81)
6 (iv) Book value per share (Rs) 68.66 55.85
PERIODIC DISCLOSURES
Analytical Ratios for Non-Life companies
Equity Holding Pattern for Non-Life Insurers
FORM NL-30 Analytical Ratios
Insurer: Reliance General Insurance Company Limited Date: 31-Mar-10
Gross premium Growth
Rate Net Retention Ratio Net Commission Ratio
Underwriting Balance
Ratio
(Gross direct premium for
the current year divided by
the gross direct premium
for the previous year)
(Net premium divided by
gross direct premium)
(Gross Commission paid
net of reinsurance
commission divided by Net
premium for that segment)
(Underwriting profit divided
by net premium for the
respective class of
business)
Fire 2% 24% -42% 35%
2008-09 -4% 31% -35% 26%
Marine Cargo -15% 50% -3% -15%
2008-09 2% 55% 2% -56%
Marine Hull -52% 23% -12% -399%
2008-09 83% 17% -31% -83%
Motor 13% 83% 0% -13%
2008-09 -8% 86% 0% -11%
Employer Liability -17% 88% 4% 41%
2008-09 -4% 89% 3% -12%
Public Liability -32% 22% -41% 174%
2008-09 217% 20% -24% -27%
Engineering -13% 31% -46% 42%
2008-09 15% 18% -100% 108%
Aviation 269% 5% 30% -260%
2008-09 49% 6% -43% -261%
Personal Accident -19% 34% -40% 38%
2008-09 4% 37% -22% -11%
Health -23% 88% 3% -54%
2008-09 13% 89% 4% -35%
Other
Miscellaneous -17% 30% -19% 6%
2008-09 11% 26% -8% -27%
Total 3% 72% -2% -16%
2008-09 -2% 73% -2% -14%
Particulars
PERIODIC DISCLOSURES
FORM NL-31 : Related Party Transactions
Insurer: Reliance General Insurance Company Ltd Date: 31-Mar-10
(Rs in Lakhs)
S.No. Name of the Related Party Relationship Nature of transaction Current Year Previous Year
Share Capital Money Received
214.29 163.27
Share Premium Money Received
20,785.71 15,836.73
Premium 25.53 46.88
Claims 4.90 7.08
Software Purchased 375.94 28.79
Sale of Server 2.48 1.05
Reimbursements received for expenses
(Rent, Communication, Electricity)
30.79 10.39
Reimbursements paid for expenses (Rent,
Communication, Electricity, Professional
fees, Maintenance Charges)
489.06 597.78
Outstanding balance in CD A/c
0.50 0.75
Advisory fees - 5.98
Premium 115.06 68.52
Claims 1.62 1.65
Reimbursements received for expenses
(Rent, Communication, Electricity)
53.53 -
Outstanding balance in CD A/c
12.14 8.77
3 Reliance Capital Trustee Co Ltd Fellow Subsidiary
Premium 26.72 18.61
Premium 35.50 24.09
Foreign Currency Purchased
2.29 1.86
Foreign Currency Returned
0.85 -
Outstanding balance in CD A/c
5.18 -
Premium 0.22 0.45
Outstanding balance in CD A/c
0.15 0.25
Premium 87.64 123.55
Claims 0.23 0.24
7 Medybiz Pvt. Ltd
Fellow Subsidiary
Premium 0.28 0.35
Premium 7.82 15.81
Policy Management Paid 562.97 -
Claim Paid 0.12 -
Reimbursements received for expenses
(Rent, Maintenance)
12.28 10.76
Outstanding balance in CD A/c
3.81 1.47
Premium 2.96 2.17
Claims - 0.24
Outstanding balance in CD A/c
0.40 0.13
Premium 79.00 0.94
Claim 4.40 -
Reimbursements received for expenses
(Rent, Electricity)
59.89 55.62
Outstanding balance in CD A/c
5.91 16.98
11 Reliance Capital Partners Fellow Subsidiary
Premium 5.28 3.67
Premium 2.19 -
Outstanding balance in CD A/c
0.26 -
Remuneration 130.58 193.10
Premium 0.23 0.20
14 Independent Directors Sitting Fees 5.00 5.20
Note: Related Party relationship is as identified by the management and relied upon by the auditors.
PERIODIC DISCLOSURES
Related Party Transactions
1 Reliance Capital Ltd Holding company
2
Reliance Capital Asset Management
Ltd. Fellow Subsidiary
4 Reliance Money Express Ltd. Fellow Subsidiary
5 Reliance Equity Advisors India Ltd Fellow Subsidiary
6 Reliance Securities Ltd Fellow Subsidiary
8 Reliance Capital Services Pvt. Ltd Fellow Subsidiary
9 Reliance Equities International Pvt. Ltd Fellow Subsidiary
13 K.A. Somasekharan
Key Managerial
Personnel
10 Reliance Consumer Finance Pvt. Ltd. Fellow Subsidiary
12 Reliance Home Finance Fellow Subsidiary
FORM NL-32 Products Information
Insurer: Reliance General Insurance Company Limited Date: 31st March 10
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
1 Reliance Commercial Vehicle Package Policy‐Add On MOT‐04
IRDA/F&U/Add‐On
(Motor)/Reliance/09
Motor Internal Tariff 24‐Dec‐08 05‐May‐09
2 Reliance Private Car Package Policy‐Add On MOT‐02
IRDA/F&U/Add‐On
(Motor)/Reliance/09
Motor Internal Tariff 16‐Dec‐08 05‐May‐09
3 Reliance Two Wheeler Package Policy‐Add On MOT‐03
IRDA/F&U/Add‐On
(Motor)/Reliance/09
Motor Internal Tariff 24‐Dec‐08 05‐May‐09
4 Reliance FilmProtect Policy RGI MI 49 04/RD/RGICL/RFP/08‐09 Miscellaneous Individual 22‐Sep‐08 30‐Nov‐09
5 Reliance HealthWise Insurance Policy
RGICL / IRDA / 68
/ 2009
IRDA/NL/RGI/P/MISC(H)/1677/V.II/09‐
10
Miscellaneous Health 12‐Nov‐08 23‐Mar‐10
PERIODIC DISCLOSURES
Products Information
FORM NL-33 : SOLVENCY MARGIN - KGII
Insurer: Reliance General Insurance Company Limited
TABLE - II
Solvency for the Year ended on 31-03-2010
Available Solvency Margin and Solvency Ratio
(Rs. in Lacs)
Item Description Notes Amount
(1) (2) (3) (4)
1 Available Assets in Policyholders’ Funds (adjusted value 1 181,406.00
of Assets as mentioned in Form IRDA-Assets-AA):
Deduct:
2 Liabilities (reserves as mentioned in Form HG) 2 161,758.00
3 Other Liabilities (other liabilities in respect of 3 17,965.00
Policyholders’ Fund as mentioned in Balance Sheet)
4 Excess in Policyholders’ Funds (1-2-3) 1,683.00
5 Available Assets in Shareholders’ Funds (value of 4 66,000.00
Assets as mentioned in Form IRDA-Assets-AA):
Deduct:
6 Other Liabilities (other liabilities in respect of 5 2,814.00
Shareholders’ Fund as mentioned in Balance Sheet)
7 Excess in Shareholders’ Funds (5-6) 63,186.00
8 Total Available Solvency Margin [ASM] (4+7) 64,870.00
9 Total Required Solvency Margin [RSM] 38,233.00
10 Solvency Ratio (Total ASM/Total RSM) 1.70
Notes
1
2
3
4
5 Amount of other Liabilities arising in respect of policyholder's funds and as mentioned in the Balance Sheet.
PERIODIC DISCLOSURES
The Adjusted Value of Assets in respect of policyholders' funds as mentioned in Form IRDA-Assets-AA.
Amount of Total Liabilities as mentioned in Form HG.
Amount of other Liabilities arising in respect of policyholder's funds and as mentioned in the Balance Sheet.
Total Assets in respect of shareholder's funds as mentioned in Form IRDA-Assets-AA.
FORM NL-34
Insurer: Reliance General Insurance Co Ltd. Date: 31.3.2010
Sl. No. Name of person Role/designation Details of change in the period
1 Mr S.P. Talwar Director
2 Mr D Sengupta Director
3 Mr Rajendra Chitale Director
4 Mr Soumen Ghosh Director
5 Mr K.A.Somasekharan Executive Director & CEO Appointed w.e.f 24.10.2009
6 Mr Hemant jain CFO Redesignated as CFO w.e.f. 1.4.2010
7 Mr Krishna Cheemalapati CIO
8 Mr Sudarshanam Sundararajan Head‐ ERCG
Key Pesons as defined in IRDA Registration of Companies Regulations, 2000
PERIODIC DISCLOSURES
: Board of Directors & Key Person
BOD and Key Person information
FORM NL-35-NON PERFORMING ASSETS-7A
COMPANY NAME : RELIANCE GENERAL INSURANCE COMPANY LIMITED Name of the fund : General Fund
CODE: 103
STATEMENT AS ON : 31.03.2010
Details Of Investment Portfolio
PERIODICITY OF SUBMISSION : QUARTERLY
%
Has there
been
revision?
Amount
Board
Approval Ref
Note:
1. Category of Investment (COI) shall be as per INV/GLN/001/2003-04
2. FORM 7A shall be submitted in respect of each fund
3. Classification shall be as per F & A-Circulars -169-Jan-07 Dt.24-01-07
Default
Principal
(Book Value)
Default
Interest
(Book Value)
Principal
Due from
COI
Company
Name
Instrument
Type
Interest Rate
---------------------------- NIL ---------------------------
Has there been
any principal waiver?
Classification
Provision
(%)
Provision
(Rs.)
Interest
Due from
Deferred
Principal
Deferred
Interest
Rolled
Over?
Total O/S
(Book value)
FORM NL-36-YIELD ON INVESTMENTS 1 NAME OF THE FUND : GENERAL FUND
Company Name : Reliance General Insurance Company Limited
Company Code : 103
Statement Date: As at 31.03.2010
STATEMENT OF INVESTMENT AND INCOME ON INVESTMENT Rs. in Lakhs
Periodicity of Submission: Quarterly
No. Category of Investment Cat. Code
Investment
Income on
Investment
Gross Yield¹
(%)
Net Yield²
(%)
Investment
Income on
Investment
Gross
Yield¹
(%)
Net Yield²
(%)
Investment
Income on
Investment
Gross Yield¹
(%)
Net Yield²
(%)
1 CENTRAL GOVERNMENT SECURITIES
Central Government Bonds CGSB 35,051.87 608.76 1.70% 1.70% 35,051.87 2,924.21 8.05% 8.05% 31,124.09 4,931.18 12.56% 12.56%
Treasury Bills CTRB 2,489.77 28.07 0.97% 0.97% 2,489.77 210.73 3.89% 3.89% 6,730.69 25.16 4.31% 4.31%
Deposit under Section 7 of Insurance Act, 1938 CDSS 1,110.40 16.89 1.51% 1.51% 1,110.40 63.87 5.76% 5.76% 1,069.20 76.38 7.05% 7.05%
2
STATE GOVERNMENT / OTHER APPROVED SECURITIES /
OTHER GUARANTEED SECURITIES
State Government Bonds SGGB 7,476.81 60.52 1.66% 1.66% 7,476.81 79.33 4.09% 4.09% 0.00 0.00 0.00% 0.00%
Other Approved Securities (excluding Infrastructure
Investments)
SGOA 6,632.11 117.34 1.62% 1.62% 6,632.11 561.47 7.50% 7.50% 5,541.12 194.71 10.05% 10.05%
3
HOUSING & LOANS TO STATE GOVT. FOR HOUSING AND
FIRE FIGHTING EQUIPMENT
Bonds / Debentures issued by Authority constituted under
any Housing / Building Scheme approved by Central /
State / any Authority or Body constituted by Central /
State Act
HTDA 11,103.95 244.70 1.96% 1.96% 11,103.95 1,275.98 8.87% 8.87% 10,018.69 924.71 9.36% 9.36%
Bonds / Debentures issued by NHB / Institutions
accredited by NHB
HTDN 0.00 0.60 0.02% 0.02% 0.00 0.60 0.02% 0.02% 0.00 0.00 0.00% 0.00%
4 INFRASTRUCTURE / SOCIAL SECTOR INVESTMENTS
Infrastructure - PSU - Debentures / Bonds IPTD 20,366.60 434.60 2.06% 2.06% 20,366.60 2,043.37 11.21% 11.21% 20,793.45 1,539.08 9.27% 9.27%
Infrastructure - Other Corporate Securities - Debentures/
Bonds
ICTD 11,023.33 192.12 2.19% 2.19% 11,023.33 851.51 9.47% 9.47% 11,485.27 1,066.57 9.63% 9.63%
Infrastructure - PSU - CPs IPCP 0.00 0.00 0.00% 0.00% 0.00 19.06 0.81% 0.81% 0.00 0.00 0.00% 0.00%
Infrastructure - Other Corporate Securities - CPs ICCP 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00% 0.00% 0.00 5.08 12.40% 12.40%
Infrastructure - Equity and Equity Related Instruments
(Promoter Group)
IEPG 152.96 0.00 0.00% 0.00% 152.96 0.00 0.00% 0.00% 87.30 0.38 0.22% 0.22%
Infrastructure - Corporate Securities - Equity shares-
Quoted
ITCE 1,064.64 0.00 0.00% 0.00% 1,064.64 (1.20) -0.20% -0.20% 624.27 6.87 0.49% 0.49%
Infrastructure - PSU - Equity shares - Quoted ITPE 341.60 1.80 0.35% 0.35% 341.60 21.98 4.49% 4.49% 481.00 8.50 0.72% 0.72%
5 APPROVED INVESTMENT SUBJECT TO EXPOSURE NORMS
PSU - Equity shares - Quoted EAEQ 1,568.33 27.83 1.71% 1.71% 1,568.33 456.75 24.37% 24.37% 1,279.96 63.05 1.99% 1.99%
Corporate Securities - Equity shares (Ordinary)- Quoted EACE 8,185.02 30.99 0.39% 0.39% 8,185.02 318.37 4.01% 4.01% 3,424.49 148.53 0.96% 0.96%
Corporate Securities - Bonds - (Taxable) EPBT 9,403.42 191.36 2.06% 2.06% 9,403.42 1,024.95 10.43% 10.43% 11,531.00 1,504.55 9.61% 9.61%
Corporate Securities - Debentures ECOS 13,596.58 308.88 2.32% 2.32% 13,596.58 1,311.30 10.00% 10.00% 13,293.21 1,370.03 9.90% 9.90%
Commercial Papers ECCP 7,360.18 10.02 1.87% 1.87% 7,360.18 101.77 7.59% 7.59% 1,410.85 50.73 8.77% 8.77%
Perpetual Debt Instruments of Tier I & II Capital issued by
PSU Banks
EUPD 0.00 (11.25) -5.17% -5.17% 0.00 0.72 -4.34% -4.34% 0.00 20.31 9.94% 9.94%
Perpetual Debt Instruments of Tier I & II Capital issued by
Non-PSU Banks
EPPD 0.00 0.00 0.00% 0.00% 0.00 13.04 2.52% 2.52% 998.46 83.79 10.13% 10.13%
CCIL - CBLO ECBO 0.00 0.81 0.14% 0.14% 0.00 (27.06) -0.37% -0.37% 0.00 5.49 6.06% 6.06%
Deposits - Deposit with Scheduled Banks, FIs, CCIL, RBI ECDB 5,000.00 17.26 0.35% 0.35% 5,000.00 17.26 0.35% 0.35% 0.00 0.00 0.00% 0.00%
Deposits - CDs with Scheduled Banks EDCD 7,237.07 90.33 1.36% 1.36% 7,237.07 532.03 7.62% 7.62% 9,361.78 50.02 7.73% 7.73%
Mutual Funds - Gilt / G Sec / Liquid Schemes EGMF 5,600.00 56.89 1.00% 1.00% 5,600.00 208.47 4.53% 4.53% 570.00 102.97 8.32% 8.32%
Mutual Funds - (under Insurer's Promoter Group) EMPG 2,000.00 12.58 0.59% 0.59% 2,000.00 91.21 3.71% 3.71% 5,060.00 75.78 8.24% 8.24%
6 OTHER THAN APPROVED INVESTMENTS
Liquid Mutual Funds OMLF 0.00 0.00 0.00% 0.00% 0.00 0.00 0.00% 0.00% 0.00 191.55 9.46% 9.46%
Equity Shares (incl. Equity related Instruments) -
Promoter Group
OEPG 0.00 0.00 0.00% 0.00% 0.00 0.72 0.57% 0.57% 69.84 0.30 0.24% 0.24%
Debentures OLDB 0.00 0.00 0.00% 0.00% 0.00 32.08 6.42% 6.42% 500.00 13.77 9.76% 9.76%
Mutual Funds - Debt / Income / Serial Plans / Liquid
Schemes
OMGS 7,200.00 56.03 0.94% 0.94% 7,200.00 154.31 3.24% 3.24% 0.00 4.69 7.27% 7.27%
Mutual Funds - (under Insurer's Promoter Group) OMPG 800.00 9.48 0.46% 0.46% 800.00 51.28 1.97% 1.97% 0.00 1.35 6.50% 6.50%
Equity Shares (incl Co-op Societies) OESH 238.40 0.00 0.00% 0.00% 238.40 (130.05) -26.26% -26.26% 145.31 1.24 0.21% 0.21%
Securitised Assets OPSA 663.08 11.68 1.75% 1.75% 663.08 50.34 7.01% 7.01% 797.26 60.21 7.18% 7.18%
Total 165,666.11 2,518.30 1.58% 1.58% 165,666.11 12,258.41 8.12% 8.12% 136,397.22 12,526.96 9.34% 9.34%
Note : The Yields given are absolute
Note: Category of Investment (COI) shall be as per Guidelines
1 To be calculated based on monthly or lesser frequency 'weighted Average' Investments
2 Yield netted for Tax
3 Form - 1 shall be prepared in respect of each fund.
Current Quarter Year to Date Previous Year 2008-09
FORM NL-37-DOWN GRADING OF INVESTMENT-2
COMPANY NAME: RELIANCE GENERAL INSURANCE COMPANY LIMITED
CODE : 103
STATEMENT AS ON : 31.03.2010
STATEMENT OF DOWN GRADED INVESTMENTS
PERIODICITY OF SUBMISSION : QUARTERLY Rs. In Lakhs
No. Name of the Security COI AMOUNT
DATE OF
PURCHASE
RATING AGENCY
ORIGINAL
GRADE
CURRENT GRADE
DATE OF
DOWNGRADE
REMARKS
A. DURING THE QUARTER
1
:
B. AS ON DATE
2
:
7.40% IOC 2015 EPBT 1,000.00 6-Sep-05 ICRA LAAA LAA+ 29-Nov-07
9.40% Tata Tea Ltd. 2010 ECOS 1,500.00 7-Nov-07 ICRA LAA+ LAA 21-Oct-08
9.50% Citi Financial Cons. Finance India Ltd. 2010 ECOS 1,000.00 15-Oct-07 CRISIL AAA AA+ 31-Dec-08
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 presented in respect of each fund
4 Category of Investment (COI) shall be as per INV/GLN/001/2003-04
Name of Fund : General Fund
……………………………………NIL………………………………
PERIODIC DISCLOSURES
FORM NL-38 FY 09 Business Returns across line of Business
Insurer: Reliance General Insurance Co Ltd 31-Mar-10
(Rs in Lakhs)
Premium No. of Policies Premium No. of Policies
1 Fire 13,957.33 42,033 13,683.83 35,313
2 Marine Cargo 2,733.43 23,245 3,223.19 23,394
3 Marine Hull 227.66 102 476.83 156
4 Motor 131,870.99 2,156,957 116,481.80 1,819,568
5 Engineering 10,387.54 5,383 11,922.90 6,236
6 Employer's Liability 680.95 4,103 825.08 4,490
7 Product Liab 71.10 70 111.11 16
8 Public Liab 242.14 454 308.11 494
9 Other Liab 870.10 1,305 1,330.04 290
10 Aviation 4,060.53 113 1,101.15 93
11 Personal Accident 3,405.97 54,570 4,209.51 31,746
12 Health 23,874.79 972,912 31,082.08 775,005
13 All Other Misc 5,582.62 75,326 6,732.86 32,327
Total 197,965.15 3,336,573 191,488.49 2,729,128
FY 09‐10 FY 08‐09
Business Returns across line of Business
Sl.No. Line of Business
FORM NL-39 Rural & Social Obligations (FY Returns) FY 10
Insurer: Reliance General Insurance Co Ltd Date: 31-Mar-10
(Rs in Lakhs)
Rural & Social Obligations (FY Returns)
Sl.No. Line of Business Particular
No. of Policies
Issued
Premium
Collected Sum Assured ++
Rural 1,568 725.81 854,352.72
Social ‐ ‐ ‐
Rural 136 25.79 51,829.59
Social ‐ ‐ ‐
Rural 8,507 3,781.42 ‐
Social ‐ ‐ ‐
Rural 187,390 9,736.26 554,473.88
Social ‐ ‐ ‐
Rural 229 135.10 117,263.24
Social ‐ ‐ ‐
Rural 136 15.87 1,973.04
Social ‐ ‐ ‐
Rural 3 2.97 2,090.24
Social ‐ ‐ ‐
Rural 44 4.51 2,232.32
Social ‐ ‐ ‐
Rural ‐ ‐ ‐
Social ‐ ‐ ‐
Rural 2,937 114.58 562,393.96
Social 62 943.05 6,091,760.83
Rural 9,339 3,537.94 937,823.88
Social ‐ ‐ ‐
Rural 30,061 127.23 9,061,421.00
Social ‐ ‐ ‐
Rural 5,316 116.31 144,099.96
Social 3,618 110.06 3,587.98
9 Aviation
2 Cargo & Hull
3 Motor TP
5 Engineering
6 Workmen's Compensation/Employer's Liability
12 Ov. Medical Insurance
13 All Other Miscellaneous
PERIODIC DISCLOSURES
FY 09‐10
1 Fire
4 Motor OD
11 Medical Insurance
8 Other Liability Cover
7 Public Liability
10 Personal Accident
FORM NL-40 Business Acquisition through different channels
Insurer: Reliance Genral Insurance Co Ltd Date: 31-Mar-10
(Rs in Lakhs)
1 Individual agents 221,973 10,866.83 176,954 7,977.03
2 Corporate Agents‐Banks ‐ ‐ ‐ ‐
3 Corporate Agents ‐Others 1,341 135.32 31,231 3,189.33
4 Brokers 342,189 35,819.91 298,991 40,875.33
5 Micro Agents ‐ ‐ ‐ ‐
6 Direct Business 2,740,476 150,445.81 2,168,747 137,920.18
7 Others ‐ ‐ 53,205 1,525.48
Total (A) 3,305,979 197,268 2,729,128 191,487.35
1 Referral (B) 30,594 697.31 ‐ ‐
Grand Total (A+B) 3,336,573 197,965.19 2,729,128 191,487.35
Note:
1. Premium means amount of premium received from business acquired by the source
2. No of Policies stand for no. of policies sold
PERIODIC DISCLOSURES
No. of
Policies * Premium
No. of
Policies * Premium Sl.No.
Business Acquisition through different channels
Channels
FY 09‐10 FY 08‐09
FORM NL-41 : GREIVANCE DISPOSAL
Insurer: Reliance General Insurance Company Limited Date: 31.03.2010
Fully
Accepted
Partial
Accepted
Rejected
1 Complaints made by customers
a) Sales Related 0 18 14 4
b) Policy Administration Related 0 63 55 7 1
c) Insurance Policy Coverage related 0 2 1 1 0
d) Claims related 0 166 67 82 17
e) others 0 39 12 23 4
d) Total Number 0 288 135 0 127 26
2 Duration wise Pending Status
Complaints
made by
customers
Complaints
made by
intermediaries
Total
a) Less than 15 days 4 4
b) Greater than 15 days 22 22
Total Number 26 0 26
Sl No. Particulars Opening
Balance *
Additions
PERIODIC DISCLOSURES
GRIEVANCE DISPOSAL
Complaints Resolved Complaints
Pending