PNB Metlife 2015-16

FORM L-1-A-RA
Name of the Insurer: PNB MetLife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd )
Registration No. and Date of Registration with the IRDA:117, August 6, 2001
REVENUE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2016
Policyholders Account (Technical Account)
Particulars
Schedule
FOR THE
QUARTER
ENDED MARCH
31, 2016
(Rs.000)
UP TO THE
QUARTER
ENDED MARCH
31, 2016
(Rs.000).
FOR THE
QUARTER
ENDED MARCH
31, 2015
(Rs.000)
UP TO THE
QUARTER
ENDED MARCH
31, 2015
(Rs.000).
Premiums earned net

(a)
Premium
(b)
Reinsurance ceded
(c)
Reinsurance accepted
10,252,490
L-4
(288,052)
-
28,278,346
(1,006,065)
-
9,359,407
(287,348)
-
24,611,858
(956,413)
-
Income from Investments

(a)
Interest, Dividends & Rent Gross
(b)
Profit on sale/redemption of investments
(c)
(Loss on sale/ redemption of investments)
(d)
Transfer/Gain on revaluation/change in fair value*
1,909,230
7,193,394
1,545,025
6,261,579
960,200
4,613,278
1,844,364
7,270,215
(363,601)
(1,034,182)
(70,225)
(1,716,245)
(7,945,453)
300,182
5,608
76,318
(575)
10,835,372
560,863
2,031,666
92,083
23,215
2,707,827
3,736,302
3,938
22,522
107,086
(944)
30,227,982
1,614,626
7,493,299
355,679
80,461
9,544,065
14,307,354
9,498
5,189
96,835
(3,700)
12,789,729
462,493
1,922,791
326,776
-
19,546
123,078
(3,801)
43,596,480
1,384,324
6,036,495
326,776
-
6,723
2,718,783
4,783,188
1,659
20,479
7,768,074
18,682,554
5,745
(821,337)
5,204,642
(180,793)
7,942,752
184,793
(6,204,554)
12,209,356
(194,134)
20,127,520
556,397
1,708,811
3,672,701
22,605
10,188,964
(118,017)
7,823,863
8,528,378
(287,610)
34,752,930
1,075,476
64,946
909,622
(1,092,585)
(118,017)
64,946
909,622
100,908
1,075,476
(12,447,123)
(1,092,585)
(13,539,708)
(13,640,616)
100,908
(13,539,708)
(414,723)
6,685,141
Transferred from Shareholders' Fund

Other Income
(a) Interest on policy loans
(b) Miscellaneous income
(c) Profit/(Loss) on sale of fixed assets(Net)
TOTAL (A)
Commission
Operating Expenses related to Insurance Business
Service tax on Charges
Provision for doubtful debts
Bad debts written off
Provision for Tax
Provisions (other than taxation)
(a) For diminution in the value of investments (Net)
(b) Advances & Recoveries
TOTAL (B)
Benefits Paid (Net)
Bonuses Paid
Change in valuation of liability in respect of life policies
(a)
Gross**
- Linked Liability
- Non Linked Liability
(b)
Amount ceded in Reinsurance
(c)
Amount accepted in Reinsurance
TOTAL (C)
SURPLUS/ (DEFICIT) (D) =(A)-(B)-(C)
APPROPRIATIONS
Transfer to Shareholders' Account
Transfer to Other Reserves
Balance being Funds for Future Appropriations
Surplus/(Deficit) after Appropriaton
TOTAL (D)
Balance at the beginning of year
Surplus/(Deficit) after appropriation
Balance carried to balance sheet
Details of Total Surplus
(a)
Interim Bonuses Paid
(b)
Allocation of Bonus to Policyholders'
(c)
Surplus shown in the Revenue Account
(d)
Total Surplus: [(a)+(b)+( c)]
Notes:
* Represents the deemed realised gain as per norms specified by the Authority.
** Represents Mathematical Reserves after allocation of bonus
L-5
L-6
L-7
93,123
322,422
(230,753)
184,793
(13,168,104)
(230,753)
(13,398,856)
3,938
838,110
184,793
1,026,841
93,123
322,422
140,852
556,397
(13,539,708)
140,852
(13,398,856)
9,498
838,110
556,397
1,404,005
1,659
584,510
(85,417)
500,752
5,745
584,510
1,075,476
1,665,731
FORM L-2-A-PL
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2016
Shareholders Account (Non-technical Account)
Particulars
Schedule
Amounts transferred from/to the Policyholders Account (Technical Account)

Income From Investments
(a) Interest, Dividends & Rent net of accretion/amortisation of discount/ premium)
(b) Profit on sale/redemption of investments
(c) (Loss on sale/ redemption of investments)
Other Income *
FOR THE
QUARTER
ENDED MARCH
31, 2016
Expense other than those directly related to the insurance business

Bad debts written off
Transfer to Policyholders' fund
Provisions (Other than taxation)
(a) For diminution in the value of investments (Net)
(b) Provision for doubtful debts
(c) Others*
TOTAL (B)
Profit/ (Loss) before tax
Provision for Taxation
Profit / (Loss) after tax
APPROPRIATIONS
(a) Balance at the beginning of the year.
(b) Interim dividends paid during the year
(c) Proposed final dividend
(d) Dividend distribution on tax
(e) Transfer to reserves/ other accounts (to be specified)
Profit carried to the Balance Sheet
* Represents Gain/(Loss) on account of unit compensation to policy holders.
L- 6 A
FOR THE
QUARTER
ENDED MARCH
31, 2015
UP TO THE
QUARTER
ENDED MARCH
31, 2015
(Rs.000).
93,123
(Rs.000).
93,123
(Rs.000).
64,946
(Rs.000).
64,946
135,149
-
528,093
163
-
125,473
9
-
494,174
9
-
TOTAL (A)
UP TO THE
QUARTER
ENDED MARCH
31, 2016
228,272
621,379
190,428
559,129
32,737
-
61,434
-
34,861
-
23,685
56,422
23,685
85,119
20,359
20,359
171,850
171,850
536,260
536,260
170,069
170,069
524,268
524,268
1,399,392
1,571,242
1,034,982
1,571,242
864,913
1,034,982
510,714
1,034,982
34,861
FORM L-3-A-BS
BALANCE SHEET AS AT MARCH 31, 2016
Particulars
Schedule
MARCH 31, 2016
MARCH 31, 2015
(Rs.000).
(Rs.000).
SOURCES OF FUNDS
SHAREHOLDERS FUNDS:
SHARE CAPITAL
RESERVES AND SURPLUS
L-8,L-9
20,128,843
20,128,843
L-10
1,571,242
1,034,982
CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT
Sub-Total
BORROWINGS
21,700,085
L-11
21,163,825
217,717
POLICYHOLDERS FUNDS:
CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT
POLICY LIABILITIES
56,862,658
INSURANCE RESERVES
44,844,926
PROVISION FOR LINKED LIABILITIES-NON UNIT
368,348
362,534
61,580,967
68,307,015
5,242,323
124,054,296
1,659,158
147,631,256
4,729,153
118,243,628
1,336,735
140,744,188
L-12
L-13
6,499,122
61,431,432
5,983,836
48,342,030
L-14
L-15
L-16
66,823,290
242,755
726,973
73,036,168
191,984
456,738
L-17
L-18
2,224,867
3,684,812
5,909,679
7,186,017
214,834
7,400,851
(1,491,173)
13,398,856
147,631,256
1,715,335
3,394,039
5,109,374
5,714,333
201,317
5,915,650
(806,276)
13,539,708
140,744,188
PROVISION FOR LINKED LIABILITIES-UNIT

FUNDS FOR DISCONTINUED POLICIES
- Discontinued on account of non- payment of premium
Sub-Total
FUNDS FOR FUTURE APPROPRIATIONS
TOTAL
APPLICATION OF FUNDS
INVESTMENTS
Shareholders
Policyholders
ASSETS HELD TO COVER LINKED LIABILITIES
LOANS
FIXED ASSETS
CURRENT ASSETS
Cash and Bank Balances
Advances and Other Assets
Sub-Total (A)
CURRENT LIABILITIES
PROVISIONS
Sub-Total (B)
NET CURRENT ASSETS (C) = (A B)
MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)
DEBIT BALANCE IN PROFIT & LOSS ACCOUNT (Shareholders Account)
DEBIT BALANCE OF REVENUE ACCOUNT
TOTAL
L-19
L-20
L-21
CONTINGENT LIABILITIES
Particulars
Partly paid-up investments

Claims, other than against policies, not acknowledged as debts by the company
MARCH 31, 2016
MARCH 31, 2015
(Rs.000)
49,814
Underwriting commitments outstanding (in respect of shares and securities)
Guarantees given by or on behalf of the Company
Statutory demands/ liabilities in dispute, not provided for

Reinsurance obligations to the extent not provided for in accounts
Claims under policies not acknowledged as debts
TOTAL
1,907,594
170,122
2,127,530
(Rs.000)
18,239
1,997,567
160,748
2,176,554
SCHEDULES FORMING PART OF FINANCIAL STATEMENTS
FORM L-4-PREMIUM SCHEDULE

PREMIUM
Particulars
FOR THE
UP TO THE
FOR THE
UP TO THE
QUARTER ENDED QUARTER ENDED QUARTER ENDED QUARTER ENDED
MARCH 31, 2016
MARCH 31, 2016
MARCH 31, 2015
MARCH 31, 2015
(Rs.000).
(Rs.000).
(Rs.000).
(Rs.000).
First year premiums
3,279,039
9,581,513
3,102,289
8,129,001
Renewal Premiums
6,793,474
18,246,679
6,198,601
16,321,236
179,977
450,154
58,517
161,621
10,252,490
28,278,346
9,359,407
24,611,858
10,252,490
28,278,346
9,359,407
24,611,858
Single Premiums
TOTAL PREMIUM
Premium Income from business written:
In India
Outside India
TOTAL PREMIUM
10,252,490
28,278,346
9,359,407
24,611,858
FORM L-5 - COMMISSION SCHEDULE

COMMISSION EXPENSES
Particulars
FOR THE
UP TO THE
FOR THE
UP TO THE
MARCH 31, 2016
MARCH 31, 2016
MARCH 31, 2015
MARCH 31, 2015
(Rs.000)
Commission paid
Direct - First year premiums
- Renewal premiums
- Single premiums
Add: Commission on Re-insurance Accepted
Less: Commission on Re-insurance Ceded
Net Commission
Break-up of the expenses (Gross) incurred to procure business to be
furnished as per details indicated below:
Agents
Brokers
Corporate Agency
Referral
Others
TOTAL (B)
(Rs.000)
(Rs.000)
(Rs.000)
409,823
150,507
533
1,179,957
433,064
1,605
306,562
155,526
405
945,828
437,415
1,081
560,863
1,614,626
462,493
1,384,324
101,655
3,650
453,654
21
1,883
560,863
312,251
14,287
1,279,340
(730)
9,478
1,614,626
105,546
5,112
351,991
(156)
462,493
348,685
17,065
1,019,732
(1,158)
1,384,324
FORM L-6-OPERATING EXPENSES SCHEDULE

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
Particulars
FOR THE
UP TO THE
FOR THE
UP TO THE
MARCH 31, 2016
MARCH 31, 2016
MARCH 31, 2015
MARCH 31, 2015
(Rs.000).
Employees remuneration & welfare benefits
(Rs.000).
(Rs.000).
(Rs.000).
1,242,144
4,891,351
1,121,706
3,815,325
39,084
153,893
30,344
131,508
3,259
42,169
12,158
55,404
148,032
470,139
181,097
524,188
Repairs
12,643
40,980
10,882
36,175
Printing & stationery
15,652
64,141
14,069
51,520
Communication expenses
45,285
169,403
35,207
102,418
Legal & professional charges
82,403
159,757
87,022
254,041
Medical fees
17,971
55,147
7,965
27,714
1,650
4,500
(100)
3,600
Travel, conveyance and vehicle running expenses

Training expenses
Rents, rates & taxes
Auditors' fees, expenses etc

a) as auditor
b) as adviser or in any other capacity, in respect of
(i)
Taxation matters
(ii)
Insurance matters
(iii)
Management services; and
(iv)
Expenses
620
676
45,499
200,107
21,696
3,937
58,607
33,676
2,269
57,481
170,776
603,332
74,057
27,652
162,803
159,845
49,670
192,496
56,252
243,560
10,606
30,150
36,046
24,420
(6,838)
26,625
2,031,666
7,493,299
c) in any other capacity
Advertisement and publicity

Business Development ,Sales promotion & Sales conference
Interest & Bank Charges
Recruitment expenses
Information technology expenses
Office expenses
Others
Depreciation
TOTAL
1,000
1,188
271
1,000
1,922,791
182,238
409,662
43,559
65,543
101,898
113,865
8,409
107,752
6,036,495
FORM L-6 A-OPERATING EXPENSES SCHEDULE

EXPENSE OTHER THAN THOSE DIRECTLY RELATED TO THE INSURANCE BUSINESS
Particulars
Employees remuneration & welfare benefits

Travel, conveyance and vehicle running expenses
Training expenses
Rents, rates & taxes
Repairs
Printing & stationery
Communication expenses
Legal & professional charges
Medical fees
Auditors' fees, expenses etc
a) as auditor
b) as adviser or in any other capacity, in respect of
(i) Taxation matters
(ii) Insurance matters
(iii) Management services; and
(iv) Expenses
c) in any other capacity
Advertisement and publicity
Business Development & Sales promotion
Interest & Bank Charges
Recruitment expenses
Information technology expenses
Office expenses
Power and water
Others
Depreciation
Corporate Social Responsibility
TOTAL
FOR THE
UP TO THE
FOR THE
UP TO THE
MARCH 31, 2016
MARCH 31, 2016
MARCH 31, 2015
MARCH 31, 2015
(Rs.000).
21,540
(3)
1
1
118
-
(Rs.000).
32,347
31
1
8
460
-
(Rs.000).
1,165
17
22
416
4
99
-
74
790
10,216
32,737
241
23
3,239
25,084
61,434
72
4
2,470
777
15,313
20,359
(Rs.000).
4,704
60
22
416
28
401
408
22
2,470
7
2,881
23,442
34,861
FORM L-7-BENEFITS PAID SCHEDULE

BENEFITS PAID [NET]
Particulars
FOR THE
UP TO THE
FOR THE
UP TO THE
MARCH 31, 2016
MARCH 31, 2016
MARCH 31, 2015
MARCH 31, 2015
(Rs.000).
(Rs.000).
(Rs.000).
(Rs.000).
1. Insurance Claims
(a) Claims by Death,
930,345
2,981,339
857,988
2,392,393
(b) Claims by Maturity,
219,482
455,448
76,638
502,239
(c) Annuities/Pension payment,
47,461
181,007
108,276
229,033
(d) Periodical Benefit
25,731
98,040
35,829
135,200
(e) Health
40,277
40,303
195
543
2,669,433
24,779
11,202,975
48,742
3,866,304
-
16,023,644
-
(f) Surrenders
(g) Others(Interest on unclaimed amount of policyholders)
2. (Amount ceded in reinsurance):
(221,188)
(700,482)
(162,035)
(600,093)
(18)
(18)

(e) Health
(f) Surrenders
(e) Health
(f) Surrenders
3. Amount accepted in reinsurance:
TOTAL
(7)
-
(405)
-
3,736,302
14,307,354
4,783,188
18,682,554
FORM L-8-SHARE CAPITAL SCHEDULE

SHARE CAPITAL
Particulars
Authorised Capital
MARCH 31, 2016

(Rs.000).
30,000,000
MARCH 31, 2015

(Rs.000).
30,000,000
3,000,000,000 (Previous period - 3,000,000,000) equity shares of Rs 10/- each

Issued Capital
20,128,843
20,128,843
20,128,843
20,128,843
2,012,884,283 (Previous period - 2,012,884,283) equity shares of Rs 10/- each

Subscribed, Called-up and Paid up Capital
2,012,884,283 (Previous period - 2,012,884,283 ) equity shares of Rs 10/- each
fully paid up
Less : Calls unpaid
Add : 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
20,128,843
20,128,843
Notes: None of the shareholders are having holding interest in the company
FORM L-9-PATTERN OF SHAREHOLDING SCHEDULE
PATTERN OF SHAREHOLDING
[As certified by the Management]
Shareholder
Promoters
Indian
Foreign
Others
TOTAL
MARCH 31, 2016

Number of Shares
% of Holding
MARCH 31, 2015

Number of Shares
% of Holding
1,489,534,370
523,349,913
74%
26%
1,489,534,370
523,349,913
74%
26%
2,012,884,283
100%
2,012,884,283
100%
FORM L-10-RESERVES AND SURPLUS SCHEDULE

RESERVES AND SURPLUS
Particulars
Capital Reserve
Capital Redemption Reserve
Share Premium
Revaluation Reserve
General Reserves
Less: Debit balance in Profit and Loss Account, if any
Less: Amount utilized for Buy-back
Catastrophe Reserve
Other Reserves (to be specified)
Balance of profit in Profit and Loss Account
TOTAL
MARCH 31, 2016

(Rs.000)
1,571,242
1,571,242
MARCH 31, 2015

(Rs.000)
1,034,982
1,034,982
FORM L-11-BORROWINGS SCHEDULE

BORROWINGS
Particulars
Debentures/ Bonds
Banks
Financial Institutions
Others
MARCH 31, 2016 MARCH 31, 2015

(Rs.000).
-
(Rs.000).
-
For Information technology equipments and software [Finance lease for

information technology equipments is secured against said assets. Net book
value as at March 31, 2016 of these equipments is Rs 152,113 (Previous year Rs
Nil)
217,717
Vehicle lease
TOTAL
217,717
Note: Amount due within 12 months from balance sheet date is Rs 47,084 (Previous year Rs Nil)
FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE

INVESTMENTS-SHAREHOLDERS
Particulars
MARCH 31, 2016 MARCH 31, 2015

(Rs.000)
(Rs.000)
3,496,235
3,450,882
406,063
406,710
LONG TERM INVESTMENTS

Government securities and Government guaranteed bonds including Treasury
Bills
Other Approved Securities
Other Investments
(a)Shares
(aa) Equity
(bb) Preference
(b) Mutual Funds
(c ) Derivative Instruments
(d) Debentures/ Bonds
756,765
655,889
(e) Other Securities (to be specified)
(f) Subsidiaries
Investment Properties-Real Estate

Investments in Infrastructure and Social Sector (including Housing)
1,138,840
Other than Approved Investments
1,222,915
-
SHORT TERM INVESTMENTS

Bills
Other Investments
(a)Shares
(aa) Equity
(bb) Preference
(b) Mutual Funds
(e) Other Securities - CP/CBLO/Bank Deposits
(f) Subsidiaries
(g) Bank Deposits
(h) Commercial Papers
Investment Properties-Real Estate
(a) Debentures/ Bonds
(b) Mutual funds
(c ) Other securities - Inter corporate deposit
(d) Other securities - Asset securitisation - Pass through certificates
TOTAL
398,341
-
49,968
162,633
90,277
6,499,122
The Market Value of the above total investment is Rs.6,597,596 (Previous Year - Rs.6,110,416)
96,019
-
151,421
5,983,836
FORM L-13-INVESTMENTS POLICYHOLDERS SCHEDULE

INVESTMENTS-POLICYHOLDERS
Particulars
MARCH 31, 2016 MARCH 31, 2015

(Rs.000)
(Rs.000)
35,466,995
32,263,054
68,912
68,634

Bills
Other Investments
(a) Shares
(aa) Equity
(bb)Preference
(b) Mutual Funds
(c)Derivative Instruments
7,167,603
1,963,832
(e) Other Securities (to be specified)
(f) Subsidiaries
(g) Investment Properties-Real Estate
14,235,623
11,751,904

(a) Equity
(b) Preference
(c) Debentures/ Bonds

Bills
Other Investments
(a) Shares
(aa) Equity
(bb) Preference
(b) Mutual Funds
(c)Derivative Instruments
(e) Other securities - Bank Deposits/CBLO/FD
(f) Subsidiaries
Investments in Infrastructure and Social Sector - Debt Securities (including
Housing)
TOTAL
48,693
48,143
315,137
866,165
3,915,951
-
50,145
1,065,797
-
212,518
264,356
61,431,432
48,342,030
Notes:
The Market Value of the above total investments is Rs.63,853,769 (Previous Year Rs.51,103,237)
FORM L-14-ASSETS HELD TO COVER LINKED LIABILITIES SCHEDULE

ASSETS HELD TO COVER LINKED LIABILITIES
Particulars
MARCH 31, 2016 MARCH 31, 2015

(Rs.000)
(Rs.000)
9,781,434
8,433,202
8,362
8,314
37,773,059
1,240,075
-
46,550,930
1,091,623
-
5,250,535
1,464,778
5,764,002
2,542,554
984,216
-
1,269,832
-
5,804,283
4,598,809

Bills
Other Investments
(a) Shares
(aa) Equity
(bb) Preference
(b) Mutual Funds
(c) Derivative Instruments
(e) Other Securities-Bank Deposits
(f) Subsidiaries
- Debt Securities (including Housing)
- Equities
(a) Equity
(b) Preference
(c) Debentures/ Bonds

Bills
Other Investments
(a) Shares
(aa) Equity
(bb) Preference
(b) Mutual Funds
202,858
(e) Other Securities - CP/CBLO/Bank Deposits
(f) Subsidiaries
(g) Other securities - CP/CBLO/Bank Deposits

(h) Investment Properties-Real Estate
3,880,897
235,534
101,318
1,833,060
109,698
(a) Mutual Funds
(b) Debentures/ Bonds
Other net current assets

TOTAL
197,259
66,823,290
732,826
73,036,168
FORM L-15-LOANS SCHEDULE

LOANS
Particulars
MARCH 31, 2016 MARCH 31, 2015

(Rs.000).
(Rs.000).
SECURITY-WISE CLASSIFICATION
Secured
(a) On mortgage of property
(aa)
In India
(bb)
Outside India
(b) On Shares, Bonds, Govt. Securities, etc.

(c) Loans against policies
242,755
191,984
(d) Others (to be specified)
Unsecured
TOTAL
242,755
191,984
BORROWER-WISE CLASSIFICATION
(a) Central and State Governments
(b) Banks and Financial Institutions
(c) Subsidiaries
(d) Companies
(e) Loans against policies
(f) Others (to be specified)
TOTAL
PERFORMANCE-WISE CLASSIFICATION
(a) Loans classified as standard
(aa)
In India
(bb)
Outside India
(b) Non-standard loans less provisions
(aa)
In India
(bb)
Outside India
TOTAL
MATURITY-WISE CLASSIFICATION
(a) Short Term
(b) Long Term
TOTAL
242,755
-
191,984
-
242,755
191,984
242,755
-
191,984
-
242,755
191,984
635
242,120
242,755
191,984
191,984
FORM 16-FIXED ASSETS SCHEDULE

FIXED ASSETS
(Rs.000)
Cost/ Gross Block
Particulars
Goodwill
Opening
Additions
-
Depreciation
Deductions
-
Closing
-
Up to Last Year
-
For The Period

-
Net Block
On Sales/
Adjustment
As at March 31,
2016
To Date
-
As at March 31,
2015
-
Intangibles (specify)
Computer Software
632,816
155,480
788,287
561,668
80,443
642,102
146,185
71,148
Tangibles (specify)
Land-Freehold
129,691
Buildings
180,588
8,465
86,058
13,717
13,394
782,052
48,724
216,507
Furniture & Fittings

Information technology equipment - Owned
Information technology equipment - Leased
Vehicles
Office Equipment
Others (Specify nature)
TOTAL
Work in progress
1,423
138,851
1,951,479
-
65,029
Leasehold Property
195,708
32,059
519,182
-
11,720
-
183,000
189,053
2,881
3,239
86,381
74,522
3,361
11,753
614,269
709,205
21,156
215,654
195,708
1,423
1,423
146,053
127,700
266,487
-
36,052
24,857
81,867
2,204,174
-
1,559,266
-
43,595
7,889
195,735
-
10,914
107,005
75,995
47,824
6,120
182,933
177,707
66,130
20,251
11,536
514,707
99,562
72,847
43,595
152,113
1,423
24,431
262,761
-
111,158
1,492,240
-
34,895
711,934
11,151
392,213
15,039
64,525
Grand Total
1,951,479
519,182
266,487
2,204,174
1,559,266
195,735
262,761
1,492,240
726,973
456,738
PREVIOUS YEAR
1,906,076
326,179
280,776
1,951,479
1,723,057
110,617
274,408
1,559,266
456,738
FORM L-17-CASH AND BANK BALANCE SCHEDULE

CASH AND BANK BALANCES
Particulars
Cash (including cheques, drafts and stamps)

Bank Balances
(a) Deposit Accounts
(aa)
Short-term (due within 12 months of the date of Balance Sheet)
(bb)
Others
(b) Current Accounts
(c ) Others (to be specified)
Money at Call and Short Notice
(a) With Banks
(b) With other Institutions
Others (to be specified)
TOTAL
Balances with non-scheduled banks included above
CASH & BANK BALANCES
In India
Outside India
TOTAL
MARCH 31, 2016 MARCH 31, 2015

(Rs.000).
(Rs.000).
520,347
651,522
480,679
400
1,223,441
-
745,800
400
317,613
-
2,224,867
1,715,335
2,224,867
2,224,867
1,715,335
1,715,335
FORM L-18-ADVANCE AND OTHER ASSETS SCHEDULE

ADVANCES AND OTHER ASSETS
Particulars
ADVANCES
Reserve deposits with ceding companies
Application money for investments
Prepayments
Advances to Directors/Officers
Advances to Suppliers
Less: Provision for doubtful recoveries
Advances to Employees
Advance tax paid and taxes deducted at source (Net of provision for taxation)
Other Advances
TOTAL (A)
OTHER ASSETS
Income accrued on investments
Outstanding Premiums
Agents Balances
Foreign Agencies Balances
Due from other entities carrying on insurance business (including reinsurers)
Due from subsidiaries/ holding company
Deposit with Reserve Bank of India [Pursuant to section 7 of Insurance Act, 1938]
Service tax/Cess unutilized credit
Deposits
Other receivables
TOTAL (B)
TOTAL (A+B)
MARCH 31, 2016

(Rs.000)
MARCH 31, 2015

(Rs.000)
50,396
74,462
10,000
64,462
11,871
247
53,093
180,069
46,203
49,210
10,000
2,002,944
976,667
50,557
50,557
226,691
85,349
101,233
30,312
312,869
141,342
70,921
3,504,743
3,684,812
39,210
7,736
63
57,170
150,382
1,576,786
994,944
58,970
58,970
213,221
35,743
95,886
19,000
256,635
37,215
177,478
76,886
3,119,944
3,270,326
FORM L-19-CURRENT LIABILITIES SCHEDULE

CURRENT LIABILITIES
Particulars
Agents Balances
Balances due to other insurance companies
Deposits held on re-insurance ceded
Premiums received in advance
Unallocated premium (policy/proposal deposits)
Sundry creditors
Due to subsidiaries/ holding company
Claims Outstanding
Annuities Due
Due to Officers/ Directors
Taxes deducted at source payable
Service tax payable
Unclaimed amount of policyholders
Litigated Claims & Other Liabilities
TOTAL
MARCH 31, 2016

(Rs.000).
303,289
520,252
890,251
83,840
1,849,869
907,986
150,688
88,522
2,211,613
179,708
7,186,017
MARCH 31, 2015

(Rs.000).
270,511
419,825
793,849
273,874
1,234,092
604,061
110,713
7,692
1,776,107
99,896
5,590,620
FORM L-20-PROVISIONS SCHEDULE

PROVISIONS
Particulars
For taxation (less payments and taxes deducted at source)

For proposed dividends
For dividend distribution tax
For gratuity
For compensated absences
TOTAL
MARCH 31, 2016 MARCH 31, 2015

(Rs.000).
167,282
47,552
214,834
(Rs.000).
149,457
51,860
201,317
FORM L-21-MISC EXPENDITURE SCHEDULE

MISCELLANEOUS EXPENDITURE
(To the extent not written off or adjusted)
Particulars
Discount Allowed in issue of shares/ debentures

TOTAL
MARCH 31, 2016 MARCH 31, 2015

(Rs.000).
-
(Rs.000).
-
PERIODIC DISCLOSURES
FORM L-30
: Related Party Transactions
Date: March 31st, 2016
(Rs in Lakhs)
Related Party Transactions

Consideration paid / received
Sl.No.
Name of the Related Party
MetLife International Holdings Inc
Punjab National Bank
Tarun Chugh
Nature of
Relationship with
the Company
Shareholder
Shareholder
Managing
Director
Description of Transactions / Categories
a) Peanut License fee

Charge
Payable
b) Conference expenses/Travel costs
Charge
Payable
c) Information technology expenses
Charge
Recoverable
d) Travel and other costs
Charge
Recoverable
e) Compensation costs
Charge
Recoverable
a) Commission
Charge
Payable
b) Bank Charges
Charge
Payable
c) Claims Settled
Charge
Payable
d)Premium received
Charge
Payable
e) Bank balances ( Current account/sort
term deposit)
Charge
Recoverable
f) Interest/Dividend received
Charge
Recoverable
g) Investment in Fixed deposit , Bond &
Equity
Charge
Recoverable
Managerial Remunaration
FOR THE
UP TO THE
FOR THE
UP TO THE
MARCH 31, 2016 MARCH 31, 2016 MARCH 31, 2015 MARCH 31, 2015
9
17
2
36
17
9
7
9
7
69
69
69
69
134
134
705
134
82
82
82
82
67
67
161
67
98
98
191
98
400
400
973
400
562
562
1,142
562
3,155
756
8,395
756
2,081
410
6,090
410
30
8
83
8
18
13
72
13
2
NIL
35
NIL
4
NIL
17,400
NIL
14
NIL
16.4
NIL
3
7
106
7
NIL
9,103
NIL
9,103
NIL
5,256
NIL
5,256
206
52
NIL
NIL
75
NIL
NIL
3,927
NIL
3,927
NIL
772
NIL
772
311
386
25
100
(50)
52
FORM L-31
LNL - 6 : Board of Directors & Key Person (15 - 16)

Date : March 31, 2016
BOD and Key Person information

Details of change in the period
BOARD OF DIRECTORS
Sl. No.
1
2
3
4
5
6
7
8
9
10
11
12
Name of person
Christopher G Townsend
Mehli K Mistry
Pheroze K Mistry
V K Chopra
Surbhit Dabriwala
Gaurav Deepak
M. Balachandran
Gauri Shankar
Toby Brown
Tarun Chugh
Vibha Paul Rishi
Usha Ananthasubramanian
Role/designation
Director - Chairman
Director
Director
Director
Director
Director
Director
Director
Director
Managing Director
Director
Director
Retired w.e.f. 31st March 2016
Inducted as Director on Board w.e.f. 23rd Dec 2015.
KEY PERSON
Sl. No.
1
2
3
4
5
6
7
8
Name of person
Tarun Chugh
MSVS Phanesh
P K Dinakar
Sanjay Kumar
P M Anil
Anjan Bhattacharya
Niraj Shah
Viraj Taneja
Role
MD & Chief Executive Officer
Chief Finance Officer
Appointed Actuary
Chief Investment Officer
Chief Compliance Officer
Chief Risk Officer
Chief Marketing Officer
Chief of Internal Audit
Designated w.e.f. 12th Jan 2016 in place of Ms Vijaya Nene.

Designated w.e.f. 4th May 2015 in place of Mr. Balachander Sekhar
Designated w.e.f. 8th Feb 2016 in place of Mr. Biswajit Choudhury
FORM L-32-SOLVENCY MARGIN - KT 3

(See Regulation 4)
Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000.
AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO.
March 31st, 2016
Form Code: 015
Name of Insurer:
PNB MetLife India Insurance Co. Ltd .

( Formerly known as MetLife India Insurance
Co. Ltd )
Classification:
Business Within India
Registration Number:117
Classification Code:01
Adjusted Value
Item
(1)
01
02
03
04
05
Description
[Amount (in rupees
lakhs)]
(4)
1,351,043
(2)
Available Assets in Policyholders' Fund:
Deduct:
Mathematical Reserves
Other Liabilities
Excess in Policyholders' funds
1,240,543
77,948
32,552
64,991
06
07
Available Assets in Shareholders Fund:

Deduct:
Other Liabilities of shareholders fund
Excess in Shareholders' funds
08
Total ASM (04)+(07)
97,543
09
Total RSM
46,198
0
64,991
10
Solvency Ratio (ASM/RSM)
Certification:
I, P K Dinakar ,
the Appointed Actuary, certify that the above statements have been prepared in
accordance with the section 64VA of the Insurance Act, 1938, and the amounts mentioned therein are true and fair
to the best of my knowledge.
Place:
Date:
MUMBAI
20/05/16
Notes
1. Item No. 01 shall be the amount of the Adjusted Value of Assets as mentioned in Form IRDA-Assets- AA as
specified under Schedule I of Insurance Regulatory and Development Authority (Assets, Liabilities, and
Solvency Margin of Insurers) Regulations, 2000;
2. Item No. 02 shall be the amount of Mathematical Reserves as mentioned in Form H;
3. Item Nos. 03 and 06 shall be the amount of other liabilities as mentioned in the Balance Sheet;
4. Items No. 05 shall be the amount of the Total Assets as mentioned in Form IRDA-Assets- AA as specified
under Schedule I of Insurance Regulatory and Development Authority (Assets, Liabilities, and Solvency
Margin of Insurers) Regulations, 2000.
2.11
Name and Signature of Appointed Actuary

P K Dinakar
FORM L-22
Analytical Ratios*
Sl.No.
Particular
Date : MARCH 31,2016
FOR THE
QUARTER ENDED
MARCH 31, 2016
UP TO THE
QUARTER ENDED
MARCH 31, 2016
FOR THE
UP TO THE QUARTER
QUARTER ENDED
ENDED MARCH 31,
MARCH 31, 2015
2015
New business premium income growth rate - segment wise

1.46
0.80
0.05
(0.19)
(0.13)
(0.06)
1.29
0.48
(136.69)
(136.69)
NA
NA
- Non- Par Annuity
NA
NA
NA
NA
- Non Par Pension
(1.00)
(0.96)
9.35
0.01
- Health
16357
54574
4.82
(0.87)
- Group - linked
(0.84)
(0.80)
(0.77)
(0.74)
- Individual Life - Linked
(0.59)
(0.12)
3.55
0.85
- Pension - linked
0.87
0.04
(1.03)
(0.97)
Net Retention Ratio
0.97
0.96
0.97
0.96
Expense of Management to Gross Direct Premium Ratio
0.25
0.32
0.25
0.30
Commission Ratio (Gross commission paid to Gross Premium)
0.05
0.06
0.05
0.06
Ratio of policy holder's liabilities to shareholder's funds
15.14
15.14
15.68
15.68
Growth rate of shareholders' fund
-0.70%
8.88%
-0.35%
8.93%
Ratio of surplus/(deficit) to policyholders' liability
0.00
0.00
(0.00)
0.01
Change in net worth (Rs. In '000)
(29,602)
625,176
0.03
- Participating policies
- Non-participating policies
- Pension
(58,903)
677,112
Profit after tax/Total Income
0.02
0.03
(0.00)
10
(Total real estate + loans)/(Cash & invested assets)
0.00
0.00
0.00
0.00
11
Total investments/(Capital + Surplus)
16.23
16.23
16.71
16.71
12
Total affiliated investments/(Capital+ Surplus)
0.05
0.05
0.01
0.01
13
Investment Yield (Annualised)

14.72%
7.95%
14.63%
21.63%
8.97%
9.03%
9.12%
9.08%
13.12%
7.78%
13.03%
18.22%
8.47%
8.86%
8.77%
9.15%
-Linked
0.60
0.66
1.19
0.73
-Non Linked
0.84
0.82
1.11
0.76
-Pension (both Linked and Non Linked)
0.27
0.27
0.36
0.54
-Health
0.60
0.44
0.57
0.40
For 13th month
67.12%
67.99%
64.77%
62.00%
For 25th month
45.47%
47.85%
45.40%
47.52%
For 37th month
39.25%
41.38%
39.83%
40.09%
For 49th Month
36.76%
36.67%
31.63%
32.38%
for 61st month
23.98%
20.20%
13.44%
16.45%
- Non linked Par (With unrealised gains/losses)

- Non linked Par (With realised gains/losses)
- Non linked Non Par (With unrealised gains/losses)
- Non linked Non Par (With realised gains/losses)
14
15
16
Conservation Ratio
Persistency Ratio
NPA Ratio
Gross NPA Ratio
Net NPA Ratio
Equity Holding Pattern for Life Insurers

1
(a) No. of shares
(b) Percentage of shareholding (Indian / Foreign)
(c) %of Government holding (in case of public sector insurance companies)
4
5
6
(a) Basic and diluted EPS before extraordinary items (net of tax expense) for the
period (not to be annualized)
(b) Basic and diluted EPS after extraordinary items (net of tax expense) for the
period (not to be annualized)
(iv) Book value per share (Rs)
2,012,884,283
2,012,884,283
2,012,884,283
2,012,884,283
74% : 26%
74% : 26%
74% : 26%
74% : 26%
Basic - Rs.0.09
Diluted - Rs.0.09
Basic - Rs.0.09
Diluted - Rs.0.09
4.12
Basic - Rs.0.27
Diluted - Rs.0.27
Basic - Rs.0.27
Diluted - Rs.0.27
4.12
Note:
1.Shareholders' funds are net of accumulated deficit in Reveneue Account, for the purpose of calculating relevant ratios.
2.Ratios are based on Public Disclosure guidelines issued by IRDA dated January 28, 2010
3.Persistency ratios are estimated as prescribed by IRDA circular IRDA/ACT/CIR/MISC/035/01/2014 dated on 23 January 2014
4.Persistency ratios are based on annualised premiums of the individual block of policies
Basic - Rs.0.08
Diluted - Rs.0.08
Basic - Rs.0.08
Diluted - Rs.0.08
3.79
Basic - Rs.0.26
Diluted - Rs.0.26
Basic - Rs.0.26
Diluted - Rs.0.26
3.79
L-24-Liab
IRDA Periodic Disclosures
FORM L-24
Valuation of net liabiltiies
(Rs in Lakhs)
Valuation of net liabiltiies

Sl.No.
1
a
b
c
d
2
a
b
c
d
Particular
Linked
Life
General Annuity
Pension
Health
Non-Linked
Life
General Annuity
Pension
Health
As at March 31, 2016
As at March 31, 2015
642,985
28,931
556,695
235
10,692
1,004
700,030
33,957
430,940
17,507
2
Statement showing the Age-wise Analysis of the Unclaimed Amount of the Policyholders as on March 31st, 2016
(Rs. In '000)
Sr.
Particulars
Total Amount
AGE-WISE ANALYSIS
Upto 1 month
Claims settled but not paid to the policyholders / insured due to any
reasons except under litigation from the insured / policyholders
1-6 Months
7-12 Months
13-18 Months
19-24 Months
25-30 months
31-36 months
Beyond 36
months
219,566
183,456
11,312
18,907
534
3,201
494
1,662
1,242,613
139,235
210,491
131,340
78,684
67,216
69,763
109,694
436,190
Any excess collection of the premium / tax or any other charges which
is refundable to the policyholders either as terms of conditions of the
policy or as per law or as may be directed by the Authority but not
refunded so far
671,014
210,939
74,980
99,758
50,788
41,359
48,015
25,075
120,101
Cheques issued by the Insurer for settlement under a, b or c above

4 and cheques have not been encashed by the policyholders / insured Refer Note
78,419
49,677
2,694
268
11
54
229
25,486
346,460
252,699
130,274
108,586
121,033
135,492
583,440
2 Sum due to the insured / policyholders on maturity or otherwise
Total
2,211,613
533,630
Note: Item No. 4 do not include cheques within the validity period of three months amounting to Rs 254,778 thousands (Previous Year Rs. 68,368 thousands)
L-25-(i)-Geog Dist-Individuals
FORM L-25- (i)
IRDA Periodic Disclosures
: Geographical Distribution Channel - Individuals
(Rs in Lakhs)
Geographical Distribution of Total Business - Individuals - April 2015 to Mar 2016

Sl.No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
State / Union Territory

Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chattisgarh
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu & Kashmir
Jharkhand
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mirzoram
Nagaland
Orissa
Punjab
Rajasthan
Sikkim
Tamil Nadu
Telangana
Tripura
Uttar Pradesh
UttraKhand
West Bengal
Andaman & Nicobar Islands
Chandigarh
Dadra & Nagrahaveli
Daman & Diu
Delhi
Lakshadweep
Puducherry
Company Total
No. of Policies
1,020
7
1,081
5,948
919
53
934
3,232
242
5,736
1,447
4,878
1,479
2,773
1,376
16
13
1
3,727
11,308
4,168
5
467
178
14,474
1,458
5,146
3
14
1,496
73,599
Rural
No. of Lives
Premium
1,020
7
1,081
5,948
919
53
934
3,232
242
5,736
1,447
4,878
1,479
2,773
1,376
16
13
1
3,727
11,308
4,168
5
467
178
14,474
1,458
5,146
3
14
1,496
73,599
325
1
294
1,587
346
41
265
1,021
152
1,325
413
1,440
605
667
493
7
3
0
765
4,184
1,109
3
156
77
3,584
515
1,565
1
13
507
21,463
Sum Assured
No. of Policies
8,878
22
5,745
29,971
6,299
1,134
8,232
17,484
1,353
18,076
6,199
66,616
10,838
12,819
14,277
200
66
2
16,213
50,302
22,358
65
4,171
1,900
56,534
9,612
24,182
40
92
9,753
403,437
2,861
20
2,277
4,061
649
219
3,705
5,157
10,042
20,263
1,459
16,857
5,457
4,296
9,857
33
55
15
3,878
15,017
2,601
20
3,933
1,481
10
20,513
2,470
8,512
49
439
20,765
12
166,983
Urban
No. of Lives
Premium
2,861
20
2,277
4,061
649
219
3,705
5,157
10,042
20,263
1,459
16,857
5,457
4,296
9,857
33
55
15
3,878
15,017
2,601
20
3,933
1,481
10
20,513
2,470
8,512
49
439
20,765
12
166,983
1,366
4
1,041
1,225
215
130
1,896
2,186
3,219
5,234
452
7,287
2,680
1,513
7,407
20
11
12
1,141
6,070
842
9
2,272
818
2
7,421
1,043
4,606
12
259
10,554
2
70,950
Sum Assured
No. of Policies
33,235
193
28,870
23,539
4,426
3,136
43,654
35,985
50,147
68,910
7,592
566,836
52,125
34,926
172,576
243
236
87
24,741
81,219
16,989
256
45,578
21,731
40
125,750
20,731
76,182
289
5,103
171,602
144
1,717,072
3,881
27
3,358
10,009
1,568
272
4,639
8,389
10,284
25,999
2,906
21,735
6,936
7,069
11,233
49
68
16
7,605
26,325
6,769
25
4,400
1,659
10
34,987
3,928
13,658
52
453
22,261
12
240,582
Total Business
No. of Lives
Premium
3,881
27
3,358
10,009
1,568
272
4,639
8,389
10,284
25,999
2,906
21,735
6,936
7,069
11,233
49
68
16
7,605
26,325
6,769
25
4,400
1,659
10
34,987
3,928
13,658
52
453
22,261
12
240,582
1,690
5
1,335
2,812
561
171
2,161
3,208
3,371
6,560
865
8,727
3,284
2,179
7,900
27
14
12
1,906
10,255
1,951
11
2,428
894
2
11,005
1,558
6,171
13
272
11,061
2
92,413
Sum Assured
42,113
216
34,615
53,510
10,725
4,270
51,886
53,469
51,501
86,986
13,791
633,453
62,963
47,744
186,853
442
302
89
40,954
131,522
39,347
322
49,748
23,631
40
182,285
30,344
100,365
330
5,196
181,355
144
2,120,509
FORM L-25- (ii)
: Geographical Distribution Channel - GROUP
(Rs in Lakhs)
Geographical Distribution of Total Business - Group - April 2015 to Mar 2016

Sl.No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
State / Union Territory

Andhra Pradesh
Arunachal Pradesh
Assam
Bihar
Chattisgarh
Goa
Gujarat
Haryana
Himachal Pradesh
Jammu & Kashmir
Jharkhand
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Manipur
Meghalaya
Mirzoram
Nagaland
Orissa
Punjab
Rajasthan
Sikkim
Tamil Nadu
Telangana
Tripura
Uttar Pradesh
UttraKhand
West Bengal
Andaman & Nicobar Islands
Chandigarh
Dadra & Nagrahaveli
Daman & Diu
Delhi
Lakshadweep
Puducherry
Company Total
No. of Policies
Rural
No. of Lives
Premium
59
40
731
4
46
50
17
5,613
65
154
92
430
88
108
206
25
1
1,380
17
401
62
381
4
43
43
10,060
Sum Assured
5
6
45
1
6
11
3
256
3
13
7
12
24
7
23
3
0
27
4
73
18
36
1
11
1
594
637
526
4,737
59
481
769
163
20,417
298
1,349
699
1,088
1,853
715
1,912
305
5
3,792
231
6,363
913
3,237
51
928
90
51,621
No. of Policies
11
1
1
14
40
91
2
91
1
2
13
29
11
6
32
345
Urban
No. of Lives
Premium
63,884
62
(213)
4,737
31,305
100,729
330
24,174
278
227,554
6,449
1,172
381,320
121
3,348
328
1
66,037
19,891
35,978
125
1,035
1
67
43,650
107
1,012,470
700
13
32
26
68
314
43
1,823
14
828
868
288
288
8
97
30
0
577
16
360
33
707
0
21
152
2
7,310
Sum Assured
491,751
851
6,155
18,747
26,328
1,391,820
3,121
85,541
1,107
1,255,985
61,349
11,943
1,130,187
3,887
35,134
3,819
5
280,637
98,401
241,267
2,069
1,709
9
1,954
114,899
305
5,268,982
No. of Policies
11
1
1
14
40
91
2
91
1
2
13
29
11
6
32
345
Total Business
No. of Lives
Premium
63,943
102
518
4,741
31,351
100,779
347
29,787
343
227,708
6,541
1,602
381,408
229
3,554
353
2
67,417
19,908
36,379
187
1,416
1
71
43,693
150
1,022,530
705
19
77
27
75
325
46
2,079
17
841
875
299
312
15
120
33
0
605
20
433
51
743
0
21
163
2
7,904
Sum Assured
492,388
1,377
10,893
18,806
26,809
1,392,589
3,284
105,958
1,405
1,257,334
62,048
13,031
1,132,041
4,602
37,046
4,125
10
284,429
98,633
247,630
2,982
4,946
9
2,005
115,827
396
5,320,603
FORM L-23-RECEIPT AND PAYMENTS SCHEDULE

(Rs in '000's)
Cash Flows from the operating activities:
Premium received from policyholders, including advance receipts
Other receipts
Payments to the re-insurers, net of commissions and claims/ Benefits
Payments to co-insurers, net of claims / benefit recovery
Payments of claims/benefits
28,887,338
127,720
(261,371)
(14,035,610)
Payments of commission and brokerage
(1,573,435)
Payments of other operating expenses
(7,336,536)
Preliminary and pre-operative expenses

Deposits, advances and staff loans
Income taxes paid (Net)
Service tax paid
Other payments
Cash flows before extraordinary items
Cash flow from extraordinary operations
Net cash flow from operating activities
(49,534)
(793,015)
4,965,557
4,965,557
Cash flows from investing activities:

Purchase of fixed assets
Proceeds from sale of fixed assets
Purchases of investments
Loans disbursed
Sales/ Maturity of investments
Repayments received
Rents/Interests/ Dividends received
Investments in money market instruments and in liquid mutual funds (Net)
Change in other current assets
Expenses related to investments
Net cash flow from investing activities
(237,968)
4,672
(63,320,062)
(53,114)
57,037,472
7,297,672
(5,184,697)
(4,456,025)
Cash flows from financing activities:

Proceeds from issuance of share capital
Refund of subscription received against rights issue
Proceeds from borrowing
Repayments of borrowing
Interest/dividends paid
Net cash flow from financing activities

Effect of foreign exchange rates on cash and cash equivalents, net
Net increase in cash and cash equivalents:
Cash and cash equivalents at the beginning of the year
509,532
1,715,335
Cash and cash equivalents at the end of the year

2,224,867
____________________________________________________________________________________________
FORM L-26-INVESTMENT ASSETS(LIFE INSURERS)-3A

(Read with Regulation 10)
Name of the Insurer: PNB Metlife India Insurance Company Limited
Registration Number: 117
PART - A
Statement as on: 31st Mar 2016

Statement of Investment Assets (Life Insurers)
(Business within India)
Periodicity of Submission: Quarterly
Rs.lakhs
Section I
Total Application as per Balance Sheet (A)
Add (B)
Provisions
Current Liabilities
Less (C )
Debit Balance in P& L A/c
Deferred tax asset
Loans
Adv & Other Assets
Cash & Bank Balance
Fixed Assets
Misc Exp. Not Written Off
1,476,313
2,148
71,860
1,550,321
Sch-14
Sch-13
Reconciliation of Investment Assets

Total Investment Assets (as per Balance Sheet)
Balance Sheet Value of:
A. Life Fund
B. Pention & General Annuity and Group Business
C. Unit Linked Funds
1,347,538
662,267
17,038
668,233
1,347,538
133,989
2,428
36,848
22,249
7,270
-
Sch-09
Sch-12
Sch-11
Sch-10
Sch-15
Funds available for Investments
1,347,538
Section II
NON - LINKED BUSINESS

SH
A. LIFE FUND
% as per Reg
Balance
PH
FRSM
(a)
1
2
3
Not Less than

25%
Central Govt Sec, State Govt Sec or Other Approved Not Less than
Securities (incl (i) above)
50%
Investment subject to Exposure Norms
a. Housing & Infrastructure
Not Less than
1. Approved Investments
15%
2. Other Investments
b. i) Approved Investments
Not exceeding
35%
ii) Other Investments
TOTAL LIFE FUND
100%
Central Govt. Sec
(b)
UL-Non Unit Res
PAR
NON PAR
(c)
(d)
(e)
(f) =
1
2
3
Central Govt. Sec

Central Govt Sec, State Govt Sec or Other Approved
Balance in Approved investment
TOTAL PENSION, GENERAL ANNUITY FUND
[b+c+d+e]
Actual %
FVC Amount
(g) = [(f) - (a)]%
(h)
1
2
Approved Investments
Other Investments
TOTAL LINKED INSURANCE FUND
Market Value
(i)=(a+f+h)
(j)
31,769
2,153
242,499
96,119
372,539
56
372,539
388,700
43,006
2,153
250,258
98,193
393,610
59
393,610
410,241
12,291
9,694
64,991
2,374
32,581
37,108
102,659
61,223
414,139
34,188
487
13,160
146,028
151,512
487
116,658
662,267
23
0
18
151,512
487
116,658
662,267
157,586
468
118,749
687,044
% as per Reg
PAR
(a)
Not Less than 20%

Not Less than 40%
Not Exceeding 60%
100%
5,115
5,211
3,001
8,212
NON PAR
(b)
2,695
2,695
6,131
8,826
Book Value
(c)= (a+b)
7,810
7,907
9,132
17,038
100
Actual %
FVC Amount
Total Fund
Market Value
(d)
(e)
(f)=(c+e)
(g)
46
46
54
100
LINKED BUSINESS
C. LINKED FUNDS
Total Fund
PH
B. PENSION & GENERAL ANNUITY AND GROUP BUSINESS
Book Value
(SH+PH)
% as per Reg
Not Less than 75%
Not More than 25%
100%
PH
PAR (a)
-
NON PAR (b)

658,391
9,842
668,233
Total Fund
(c) =
(a+b)
658,391
9,842
668,233
Actual %
(d)
99
1
100
7,810
7,907
9,132
17,038
8,106
8,207
9,262
17,469
FORM L-27-UNIT LINKED BUSINESS-3A

Unit Linked Insurance Business
Name of the Insurer: PNB Metlife India Insurance Company Limited ( Formerly known as MetLife India Insurance Co. Ltd )
Link to Item 'C' of FORM 3A (Part A)
Periodicty of Submission: Quarterly
PARTICULARS
ULIF00525/01/05ACCELE ULIF01015/12/09BALANCER2 ULIF00425/01/05BALANCE ULIF01721/12/10DISCONTIN ULIF01315/12/09FLEXICAPFN ULGF00205/06/04GRABALAN ULGF00105/06/04GRADE ULIF00325/01/05MODERA ULIF01115/12/09MULTIPLIE21 ULIF00625/01/05MULTIPLIER1
RATO117
F117
RFN117
U117
117
CE117
BTFND117
TORF117
17
17
Opening Balance (Market Value)

Add:
Inflow during the Quarter
34,396.32
48,349.57
52,393.75
55,346.06
4,725.87
8,804.47
2,426.23
95,518.11
78.41
1,977.29
83.68
5,337.51
3,473.54
124.30
277.24
88.21
1,827.23
1,708.70
(2,265.72)
53.44
218.18
27.12
(2,208.81)
(5,326.03)
(460.49)
Increase / (Decrease) Value of Inv [Net]

Less:
26,411.88
Outflow during the Quarter
TOTAL INVESTIBLE FUNDS (MKT VALUE)
(131.41)
(181.82)
862.14
215,068.37
595.26
500.75
1,287.47
6,170.18
1,001.14
286.93
204.67
125.86
3,200.66
5,956.60
25,434.54
35,741.45
46,963.96
52,423.23
55,552.74
4,616.67
9,095.23
2,415.69
91,935.87
205,494.44
ULIF00525/01/05ACCELE ULIF01015/12/09BALANCER2 ULIF00425/01/05BALANCE ULIF01721/12/10DISCONTIN ULIF01315/12/09FLEXICAPFN ULGF00205/06/04GRABALAN ULGF00105/06/04GRADE ULIF00325/01/05MODERA ULIF01115/12/09MULTIPLIE21 ULIF00625/01/05MULTIPLIER1
INVESTMENT OF UNIT FUND
Actual Inv.
Approved Investments (>=75%)

Central Govt Securities
State Governement Securities
Corporate Bonds
Infrastructure Bonds
Equity
Money Market Investments
Mutual funds
Deposit with Banks
Sub Total
(A)
Current Assets:
Accrued Interest
Dividend Recievable
Bank Balance
Receivable for Sale of Investments
Other Current Assets (for Investments)
Less: Current Liabilities
Payable for Investments
Fund Mgmt Charges Payable
Other Current Liabilities (for Investments)
Sub Total
(B)
Other Investments (<=25%)
Corporate Bonds
Equity
Mutual funds
Venture funds
Others
Sub Total
(C)
Total (A + B + C)
Fund Carried Forward (as per LB 2)
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
2,113.42
1,118.68
2,027.81
19,136.19
477.02
24,873.11
8.3%
0.0%
0.0%
4.4%
8.0%
75.2%
1.9%
0.0%
0.0%
97.8%
6,783.58
1,012.75
15.78
2,720.13
5,708.05
16,518.24
1,519.30
34,277.83
19.0%
2.8%
0.0%
7.6%
16.0%
46.2%
4.3%
0.0%
0.0%
95.9%
10,792.76
1,019.25
17.16
3,949.88
6,335.04
22,937.92
757.40
45,809.40
23.0%
2.2%
0.0%
8.4%
13.5%
48.8%
1.6%
0.0%
0.0%
97.5%
50,551.58
2,186.81
52,738.39
96.4%
0.0%
0.0%
0.0%
0.0%
0.0%
4.2%
0.0%
0.0%
100.6%
47,801.76
4,425.23
52,226.99
0.0%
0.0%
0.0%
0.0%
0.0%
86.0%
8.0%
0.0%
0.0%
94.0%
2,007.48
456.40
369.50
1,361.60
324.54
4,519.51
43.5%
0.0%
0.0%
9.9%
8.0%
29.5%
7.0%
0.0%
0.0%
97.9%
4,311.06
7.40
1,587.35
2,682.46
659.62
9,247.89
47.4%
0.0%
0.1%
17.5%
29.5%
0.0%
7.3%
0.0%
0.0%
101.7%
1,059.33
2.64
215.45
202.54
479.77
414.93
2,374.66
43.9%
0.0%
0.1%
8.9%
8.4%
19.9%
17.2%
0.0%
0.0%
98.3%
3,495.92
83,482.07
2,316.13
1,000.00
90,294.12
3.8%
0.0%
0.0%
0.0%
0.0%
90.8%
2.5%
0.0%
1.1%
98.2%
3,995.33
189,094.44
4,092.08
4,425.00
201,606.86
1.9%
0.0%
0.0%
0.0%
0.0%
92.0%
2.0%
0.0%
2.2%
98.1%
273.24
3.42
0.41
51.37
-
1.1%
0.0%
0.0%
0.2%
0.0%
541.22
2.19
1.34
44.54
393.54
1.5%
0.0%
0.0%
0.1%
1.1%
717.19
4.23
0.71
1,085.38
-
1.5%
0.0%
0.0%
2.3%
0.0%
1.77
-
0.0%
0.0%
0.0%
0.0%
0.0%
0.00
4.01
3.51
138.83
416.33
0.0%
0.0%
0.0%
0.2%
0.7%
63.87
0.19
0.32
3.47
-
1.4%
0.0%
0.0%
0.1%
0.0%
259.91
0.60
84.66
2.9%
0.0%
0.0%
0.0%
0.9%
28.62
0.09
0.37
1.18
4.09
1.2%
0.0%
0.0%
0.0%
0.2%
0.44
12.66
1.85
376.69
-
0.0%
0.0%
0.0%
0.4%
0.0%
24.39
28.18
3.25
845.81
-
0.0%
0.0%
0.0%
0.4%
0.0%
0.00
1.39
23.31
303.73
0.0%
0.0%
0.1%
1.2%
231.44
1.27
750.12
0.6%
0.0%
0.0%
2.1%
995.00
2.20
1.54
808.76
2.1%
0.0%
0.0%
1.7%
0.0%
0.0%
0.6%
-0.6%
712.78
2.16
(152.26)
1.3%
0.0%
0.0%
-0.3%
28.46
0.09
0.48
38.81
0.6%
0.0%
0.0%
0.8%
497.65
0.18
(152.66)
5.5%
0.0%
0.0%
-1.7%
0.00
0.11
34.24
0.0%
0.0%
0.0%
1.4%
0.00
3.60
74.16
313.89
0.0%
0.0%
0.1%
0.3%
0.00
11.25
63.86
826.51
0.0%
0.0%
0.0%
0.4%
0.0%
0.0%
1.0%
0.0%
0.0%
0.0%
1.0%
100.0%
713.50
713.50
35,741.45
35,741.45
0.0%
0.0%
2.0%
0.0%
0.0%
0.0%
2.0%
100.0%
345.80
345.80
46,963.96
46,963.96
0.0%
0.0%
0.7%
0.0%
0.0%
0.0%
0.7%
100.0%
0.0%
0.0%
6.3%
0.0%
0.0%
0.0%
6.3%
100.0%
58.35
58.35
4,616.67
4,616.67
0.0%
0.0%
1.3%
0.0%
0.0%
0.0%
1.3%
100.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
6.79
6.79
2,415.69
2,415.69
0.0%
0.0%
0.3%
0.0%
0.0%
0.0%
0.3%
100.0%
1,327.86
1,327.86
91,935.87
91,935.87
0.0%
0.0%
1.4%
0.0%
0.0%
0.0%
1.4%
100.0%
3,061.07
3,061.07
205,494.44
205,494.44
0.0%
0.0%
1.5%
0.0%
0.0%
0.0%
1.5%
100.0%
257.70
257.70
25,434.54
25,434.54
0.82
316.11
(315.16)
52,423.23
52,423.23
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
3,478.00
3,478.00
55,552.74
55,552.74
9,095.23
9,095.23
FORM L-27-UNIT LINKED BUSINESS-3A

Unit Linked Insurance Business
PART - B
Periodicty of Submission: Quarterly
Rs. Lakhs
PARTICULARS
ULIF01616/11/10NAVGUA
RANT117
Opening Balance (Market Value)

Add:
Inflow during the Quarter

Increase / (Decrease) Value of Inv [Net]
Less:
Outflow during the Quarter
TOTAL INVESTIBLE FUNDS (MKT VALUE)
Approved Investments (>=75%)

Central Govt Securities
State Governement Securities
Corporate Bonds
Equity
Money Market Investments
Mutual funds
Deposit with Banks
Sub Total
(A)
Current Assets:
Accrued Interest
Dividend Recievable
Bank Balance
Receivable for Sale of Investments
Other Current Assets (for Investments)
Less: Current Liabilities
Payable for Investments
Fund Mgmt Charges Payable
Other Current Liabilities (for Investments)
Sub Total
(B)
Other Investments (<=25%)
Corporate Bonds
Equity
Mutual funds
Venture funds
Others
Sub Total
(C)
Total (A + B + C)
Fund Carried Forward (as per LB 2)
Actual Inv.
ULIF00225/01/05PROTECTO ULIF01215/12/09VIRTUE2 ULIF00719/02/08VIRTUEFUND

RF117
FND117
117
Total of All Funds
6,645.85
8,304.77
84,487.21
17,994.80
3,117.03
10,542.29
676,405.23
14.76
624.11
651.91
7,298.29
1,489.36
503.10
103.94
25,661.60
24.33
142.12
172.66
2,058.33
434.52
(102.98)
(502.96)
(7,187.39)
1,911.75
463.77
1,098.37
1,485.76
1,935.44
91.81
330.13
26,646.54
0.00
6,948.31
8,030.97
92,358.07
17,983.24
3,425.35
9,813.15
668,232.90
ULIF01616/11/10NAVGUA
INVESTMENT OF UNIT FUND
ULIF00815/12/09PRESERVE ULIF00125/01/05PRESERVE ULIF00915/12/09PROTECTO

R2117
RF117
R2117
1,872.66
% Actual
ULIF00815/12/09PRESERVE ULIF00125/01/05PRESERVE ULIF00915/12/09PROTECTO

Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
ULIF00225/01/05PROTECTO ULIF01215/12/09VIRTUE2 ULIF00719/02/08VIRTUEFUND

Actual Inv.
% Actual
Actual Inv.
% Actual
Actual Inv.
% Actual
Total of All Funds

%
Actual
Actual Inv.
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
5,893.61
4.17
1,442.95
7,340.73
84.8%
0.0%
0.1%
0.0%
0.0%
0.0%
20.8%
0.0%
0.0%
105.6%
7,346.08
82.53
30.48
890.16
8,349.25
91.5%
1.0%
0.4%
0.0%
0.0%
0.0%
11.1%
0.0%
0.0%
104.0%
47,129.53
824.39
5.99
16,848.73
15,863.80
6,571.41
4,994.82
92,238.68
51.0%
0.9%
0.0%
18.2%
17.2%
0.0%
7.1%
0.0%
5.4%
99.9%
7,263.70
174.86
5,169.45
4,034.76
1,143.05
17,785.82
40.4%
1.0%
0.0%
28.7%
22.4%
0.0%
6.4%
0.0%
0.0%
98.9%
2,795.64
516.81
656,418.15
0.0%
0.0%
0.0%
0.0%
0.0%
81.6%
15.1%
0.0%
0.0%
96.7%
8,770.74
651.72
9,422.46
0.0%
0.0%
0.0%
0.0%
0.0%
89.4%
6.6%
0.0%
0.0%
96.0%
152,743.39
3,113.77
83.62
32,066.06
37,223.95
392,378.37
28,389.15
10,419.82
656,418.15
22.9%
0.5%
0.0%
4.8%
5.6%
58.7%
4.2%
0.0%
1.6%
98.2%
0.0%
0.0%
0.0%
0.0%
0.0%
78.45
1.28
25.84
1.1%
0.0%
0.0%
0.0%
0.4%
138.10
0.80
40.78
1.7%
0.0%
0.0%
0.0%
0.5%
2,108.28
5.20
1,545.67
2.3%
0.0%
0.0%
0.0%
1.7%
631.66
1.06
63.05
3.5%
0.0%
0.0%
0.0%
0.4%
0.48
25.55
35.16
0.0%
0.0%
0.0%
0.7%
1.0%
0.60
74.17
-
0.0%
0.0%
0.0%
0.8%
0.0%
4,865.37
54.98
23.54
2,646.99
2,609.14
0.7%
0.0%
0.0%
0.4%
0.4%
0.0%
0.0%
0.0%
0.0%
497.78
0.22
(392.42)
7.2%
0.0%
0.0%
-5.6%
497.65
0.31
(318.28)
6.2%
0.0%
0.0%
-4.0%
3,536.91
2.84
119.39
3.8%
0.0%
0.0%
0.1%
497.65
0.70
197.42
2.8%
0.0%
0.0%
1.1%
98.20
0.13
1,972.59
2.9%
0.0%
0.0%
-1.1%
123.36
0.54
3.23
(52.35)
1.3%
0.0%
0.0%
-0.5%
7,716.89
27.83
482.70
1,972.59
1.2%
0.0%
0.1%
0.3%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
92,358.07
92,358.07
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
17,983.24
17,983.24
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
150.04
150.04
658,540.79
658,540.79
0.0%
0.0%
4.4%
0.0%
0.0%
0.0%
4.4%
100.0%
0.0%
0.0%
4.5%
0.0%
0.0%
0.0%
4.5%
100.0%
9,842.16
9,842.16
668,232.90
668,232.90
0.0%
0.0%
1.5%
0.0%
0.0%
0.0%
1.5%
100.0%
6,948.31
6,948.31
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
100.0%
8,030.97
8,030.97
443.04
443.04
9,813.15
9,813.15
FORM L-28-ULIP-NAV-3A
PART - C
Link to FORM 3A (Part B)

Statement for the period: 01 Jan 2016 to 31 Mar 2016
Rs. Lakhs
Statement of NAV of Segregated Funds

Fund Name
No
SFIN
Date of Launch
Assets Under
NAV as per
Par/Non Par Management on
LB 2
the above date
NAV as on
the above
date*
2nd
3rd
4th
Previous Qtr
Return /
Previous Qtr Previous Qtr Previous Qtr
NAV
Yield
NAV
NAV
NAV
3 Year
Rolling
CAGR
Highest
NAV since
inception
ACCELERATOR
ULIF00525/01/05ACCELERATO117
25-Jan-05
NON PAR
25,434.54
31.96
31.96
32.51
32.77
33.71
34.24
-6.7%
9.62%
35.7997
BALANCER
ULIF00425/01/05BALANCERFN117
25-Jan-05
NON PAR
46,963.96
27.87
27.87
27.95
28.06
28.25
28.54
-2.4%
8.73%
29.3291
BALANCER II FUND
ULIF01015/12/09BALANCER2F117
15-Dec-09
NON PAR
35,741.45
15.43
15.43
15.50
15.49
15.45
15.52
-0.6%
10.23%
15.9524
DISCONTINUED POLICY FUND
ULIF01721/12/10DISCONTINU117
21-Dec-10
NON PAR
52,423.23
14.76
14.76
14.52
14.27
14.01
13.76
7.3%
7.74%
14.76
FLEXI CAP FUND
ULIF01315/12/09FLEXICAPFN117
15-Dec-09
NON PAR
55,552.74
15.95
15.95
16.66
16.67
17.01
17.10
-6.7%
14.65%
17.8851
GRATUITY BALANCED
ULGF00205/06/04GRABALANCE117
05-Jun-04
NON PAR
4,616.67
17.69
17.69
17.49
17.40
17.12
17.17
3.0%
9.7%
17.6922
GRATUITY DEBT
ULGF00105/06/04GRADEBTFND117
05-Jun-04
NON PAR
9,095.23
15.86
15.86
15.47
15.40
14.81
14.82
7.0%
7.64%
15.8577
MODERATOR
ULIF00325/01/05MODERATORF117
25-Jan-05
NON PAR
2,415.69
23.68
23.68
23.41
23.41
23.04
23.19
2.1%
7.77%
23.6821
MULTIPLIER
ULIF00625/01/05MULTIPLIER117
25-Jan-05
NON PAR
205,494.44
32.70
32.70
33.52
33.88
35.46
36.14
-9.5%
9.55%
38.1418
10
MULTIPLIER II FUND
ULIF01115/12/09MULTIPLIE2117
15-Dec-09
NON PAR
91,935.87
14.62
14.62
14.95
15.09
15.77
16.06
-9.0%
10.35%
16.936
11
NAV GUARANTEE FUND
ULIF01616/11/10NAVGUARANT117
16-Nov-10
NON PAR
14.34
14.14
13.91
13.74
NA
NA
14.5463
12
PRESERVER
ULIF00125/01/05PRESERVERF117
25-Jan-05
NON PAR
8,030.97
19.79
19.79
19.37
19.38
18.65
18.76
5.5%
6.32%
19.7901
13
PRESERVER II FUND
ULIF00815/12/09PRESERVER2117
15-Dec-09
NON PAR
6,948.31
15.89
15.89
15.57
15.56
14.97
15.06
5.5%
6.97%
15.8917
14
PROTECTOR
ULIF00225/01/05PROTECTORF117
25-Jan-05
NON PAR
17,983.24
21.62
21.62
21.09
20.99
20.26
20.29
6.5%
7.32%
21.6174
15
PROTECTOR II FUND
ULIF00915/12/09PROTECTOR2117
15-Dec-09
NON PAR
92,358.07
16.61
16.61
16.22
16.19
15.58
15.61
6.4%
7.93%
16.6079
18
VIRTUE
ULIF00719/02/08VIRTUEFUND117
19-Feb-08
NON PAR
9,813.15
16.45
16.45
17.26
17.56
17.55
17.56
-6.3%
17.12%
18.6358
19
VIRTUE II FUND
ULIF01215/12/09VIRTUE2FND117
15-Dec-09
NON PAR
3,425.35
16.65
16.65
17.26
17.50
17.41
17.39
-4.2%
18.19%
18.5454
Total
668,232.90
FORM L-29
Detail regarding debt securities - Non Linked Fund
Date: Mar 31st, 2016
(Rs. Lakhs)
Detail Regarding debt securities

MARKET VALUE
As at 31st Mar as % of total
2016 for this class
Book Value
as % of
As at 31st
total for
Mar 2015
this class
as % of
As at 31st total
Mar 2016 for this
class
As at 31st as % of total
Mar 2015 for this class
Break down by credit rating

AAA rated
AA or better
224,271
20,541
Rated below AA but above A
Rated below A but above B

Any other
- Soverign
- A1+
BREAKDOWN BY
RESIDUALMATURITY
Up to 1 year
more than 1 year and upto
3years
More than 3 years and up to
7years
10 years
15 years
20 years
Above 20 years
468
Breakdown by type of the

issurer
a. Central Government
b. State Government
c.Corporate Securities
34%
3%
0%
0.00
165,178
1,570
29%
0%
216,300
20,216
0%
458
0%
487
34%
3%
0%
0.00
157,568
1,523
29%
0%
0%
481
0%
418,448
4,995
63%
1%
392,759
5,086
70%
1%
401,517
4,995
62%
1%
371,515
5,086
69%
1%
15,683
2%
17,865
3%
15,657
2%
17,852
3%
61,406
9%
20,999
4%
60,268
9%
20,628
4%
72,819
11%
38,086
7%
70,463
11%
36,598
7%
91,830
14%
83,333
15%
88,757
14%
79,750
15%
57,522
9%
50,810
9%
55,100
9%
48,406
9%
23,324
3%
25,686
5%
22,864
4%
24,480
5%
346,138
52%
328,271
58%
330,405
51%
308,458
58%
401,604
16,845
250,274
60%
3%
37%
381,100
11,659
172,291
67%
2%
30%
385,099
16,418
241,998
60%
3%
38%
360,261
11,254
164,657
67%
2%
31%
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.
2. The detail of ULIP and Non-ULIP will be given separately.
3. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment
regulations.
FORM L-29
Detail regarding debt securities - Linked Fund
Date: Mar 31st, 2016
(Rs. Lakhs)
Detail Regarding debt securities

MARKET VALUE
As at 31st Mar as % of total
2016 for this class
Book Value
as % of
As at 31st
total for
Mar 2015
this class
as % of
As at 31st total for
Mar 2016 this
class
As at 31st as % of total
Mar 2015 for this class
Break down by credit rating

AAA rated
AA or better
Rated below AA but above A
Rated below A but above B
Any other
- Soverign
- A1+
69,290
-
30%
0%
0%
-
69,648
1,019
-
34%
1%
0%
0%
66,976
-
30%
0%
0%
-
67,061
1,000
-
34%
1%
0%
0%
155,941
4,995
68%
2%
130,403
1,847
64%
1%
154,739
4,995
68%
2%
128,167
1,847
65%
1%
67,422
29%
49,946
25%
67,378
30%
49928
18,314
8%
13,827
7%
17,944
8%
13516
7%
23,157
10%
27,430
14%
21,978
10%
26089
13%
54,237
24%
52,484
26%
53,010
23%
51030
26%
34,337
15%
30,030
15%
33,891
15%
29336
15%
BREAKDOWN BY
RESIDUALMATURITY
Up to 1 year
more than 1 year and upto
3years
7years
10 years
15 years
20 years
Above 20 years
25%
7,103
3%
16,063
8%
6,984
3%
15490
8%
25,657
11%
13,137
6%
25,525
11%
12686
6%
152,827
3,114
74,285
66%
1%
32%
130,179
224
72,514
64%
0%
36%
151,639
3,100
71,971
67%
1%
32%
Breakdown by type of the

issurer
a. Central Government
b. State Government
c.Corporate Securities
127,941
226
69,909
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.
2. The detail of ULIP and Non-ULIP will be given separately.
3. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment
regulations.
65%
0%
35%
FORM L-33-NPAs-7A
NAME OF THE FUND : LIFE FUND
Rs.Lakhs
DETAILS OF NON-PERFORMING ASSETS - QUARTERLY

Bonds / Debentures
NO
1
2
3
4
5
6
7
8
9
10
PARTICULARS
Investments Assets (As per Form 3A / 3B - Total Fund)
Gross NPA
% of Gross NPA on Investment Assets (2/1)
Provision made on NPA
Provision as a % of NPA (4/2)
Provision on Standard Assets
Net Investment Assets (1-4)
Net NPA (2-4)
% of Net NPA to Net Investment Assets (8/7)
Write off made during the period
YTD ( As on 31 Mar
2016)
Loans
YTD ( As on 31 Mar
2015)
229,537.85
229,537.85
-
YTD ( As on 31 Mar
2016)
154,314.19
154,314.19
-
Other Debt instruments
YTD ( As on 31 Mar
2015)
YTD ( As on 31 Mar
2016)
T0TAL
YTD ( As on 31 Mar
2015)
4,994.82
4,994.82
-
2,636.81
2,636.81
-
YTD ( As on 31 Mar
2016)
YTD ( As on 31 Mar
2015)
662,267.21
662,267.21
-
NAME OF THE FUND : PENSION, GENERAL ANNUITY & GROUP BUSINESS
520,991.06
520,991.06
Rs. Lakhs

Bonds / Debentures
NO
1
2
3
4
5
6
7
8
9
10
PARTICULARS
Gross NPA
Net NPA (2-4)
YTD ( As on 31 Mar
2016)
Loans
YTD ( As on 31 Mar
2015)
7,465.01
7,465.01
-
YTD ( As on 31 Mar
2016)
5,257.63
5,257.63
-
YTD ( As on 31 Mar
2015)
YTD ( As on 31 Mar
2016)
T0TAL
YTD ( As on 31 Mar
2015)
2,448.79
2,448.79
-
YTD ( As on 31 Mar
2016)
YTD ( As on 31 Mar
2015)
17,038.33
17,038.33
-
NAME OF THE FUND : LINKED FUND
22,267.60
22,267.60
Rs. Lakhs

Bonds / Debentures
NO
1
2
3
4
5
6
7
8
9
10
PARTICULARS
Gross NPA
Net NPA (2-4)
YTD ( As on 31 Mar
2016)
69,290.02
69,290.02
-
Loans
YTD ( As on 31 Mar
2015)
70,666.41
70,666.41
-
YTD ( As on 31 Mar
2016)
-
YTD ( As on 31 Mar
2015)
-
YTD ( As on 31 Mar
2016)
10,419.82
10,419.82
-
T0TAL
YTD ( As on 31 Mar
2015)
1,847.36
1,847.36
-
YTD ( As on 31 Mar
2016)
668,232.90
668,232.90
-
YTD ( As on 31 Mar
2015)
730,361.68
730,361.68
-
FORM L-34-YIELD ON INVESTMENTS-1 - Life

Name of the Fund Life Fund
Statement of Investment and Income on Investment

Rs. Lakhs
Current Quarter
No.
Category of Investment
Central Government Bonds

Deposit Under Section 7 of Insurance Act 1938
Treasury Bills
Other Approved Securities (excluding Infrastructure
Investments)
State Government Guaranteed Loans
Bonds / Debentures issued by NHB / Institutions accredited
by NHB
Infrastructure - Other Corporate Securities Debentures /
Bonds
Infrastructure - PSU - Debentures / Bonds
Long Term Bank Bonds App Inv - Infrastructure
Infrastructure - Debentures / Bonds / CPS / Loans
Year to Date (previous year)3
Year to Date (current year)
Category
Income on
Income on
Income on
Investment
Gross Net Yield Investment
Gross
Net Yield Investmen
Gross
Net Yield
Code
Investment
Investment
Investment
(Rs.)
Yield (%)
(%)
(Rs.)
Yield (%)
(%)
t (Rs.)
Yield (%)
(%)
(Rs.)
(Rs.)
(Rs.)
CGSB
CDSS
CTRB
362,623.3
29,599.6
7,551.6
522.8
2.1%
0.0%
1.8%
2.1%
0.0%
1.8%
349,145.8
1,151.7
17,546.3
29,434.3
8.0
1,291.2
8.4%
0.7%
7.4%
8.4%
0.7%
7.4%
293,868.1
1,150.3
8,769.9
24,813.9
95.9
616.5
8.4%
8.3%
7.0%
8.4%
8.3%
7.0%
SGOA
4,653.7
93.6
2.0%
2.0%
4,655.2
374.5
8.0%
8.0%
4,659.3
374.5
8.0%
8.0%
SGGL
15,840.9
337.8
2.1%
2.1%
13,627.9
1,166.5
8.6%
8.6%
10,920.1
946.8
8.7%
8.7%
HTDN
47,291.3
1,106.9
2.3%
2.3%
43,728.3
4,108.0
9.4%
9.4%
31,771.5
3,008.1
9.5%
9.5%
ICTD
4,276.8
106.0
2.5%
2.5%
9,595.4
889.9
9.3%
9.3%
6,348.5
608.0
9.6%
9.6%
IPTD
ILBI
IODS
89,574.2
486.3
1,987.7
9.7
2.2%
0.0%
2.0%
2.2%
0.0%
2.0%
85,735.5
1,001.0
484.2
7,719.6
51.9
39.0
9.0%
5.2%
8.1%
9.0%
5.2%
8.1%
71,332.9
478.7
6,598.8
39.0
9.3%
0.0%
8.1%
9.3%
0.0%
8.1%
Corporate Securities - Equity Shares (Ordinary) - Quoted
EACE
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
PSU - Equity Shares - Quoted

Commercial Papers
Deposits - Deposit with Scheduled Banks, FI's(incl. Bank
Balance awaiting Investment) , CCIL RBI
Corporate Securities - Debentures
Deposits - CDs with Scheduled Banks
Corporate Securities - Debentures / Bonds/ CPs /Loan (Promoter Group)
CCIL - CBLO
Mutual Funds - Gilt / G Sec / Liquid Schemes
Equity Shares (incl Co-op Societies )
Equity Shares (PSUs & Unlisted)
Debentures
Mutual Funds - Debt / Income / Serial Plans / Liquid
Secemes
EAEQ
ECCP
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
954.5
87.7
0.0%
9.2%
0.0%
9.2%
0.0%
0.0%
9.3%
1.6%
9.3%
1.6%
0.0%
0.0%
916.4
-
8.0%
0.0%
0.0%
0.0%
0.0%
8.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
TOTAL
0.0%
0.0%
0.0%
0.0%
ECOS
EDCD
67,920.5
310.2
1,512.2
1.9
2.2%
0.6%
2.2%
0.6%
45,901.9
224.4
4,164.9
19.4
9.1%
8.6%
9.1%
8.6%
EDPG
2,502.2
51.2
2.0%
2.0%
2,502.2
83.3
3.3%
3.3%
ECBO
EGMF
OESH
OEPU
OLDB
16,177.0
7,700.6
-
273.5
55.6
-
1.7%
0.7%
0.0%
0.0%
0.0%
1.7%
0.7%
0.0%
0.0%
0.0%
13,237.1
6,915.7
-
930.2
94.2
-
7.0%
1.4%
0.0%
0.0%
0.0%
7.0%
1.4%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
ECDB
OMGS
648,956.6
13,610.6
595,452.5
50,374.8
24,006.2
437.4
11,435.9
466,133.4
2,242.4
6.8
40,354.74
FORM L-34-YIELD ON INVESTMENTS-1 - Pension & Group

Name of the Fund Pension, General Annuity & Group Business

Rs. Lakhs
Current Quarter
No.
Year to Date (previous year)
Category
Income on
Income on
Income on
Investment
Gross
Net Yield Investment
Gross
Net Yield Investmen
Gross
Net Yield
Code
Investment
Investment
Investment
(Rs.)
Yield (%)
(%)
(Rs.)
Yield (%)
(%)
t (Rs.)
Yield (%)
(%)
(Rs.)
(Rs.)
(Rs.)
CGSB
6,110.2
131.8
2.2%
2.2%
6,497.5
557.4
8.6%
8.6%
9,232.3
799.0
8.7%
8.7%
Treasury Bills
CTRB
2,427.7
44.2
1.8%
1.8%
3,060.6
238.1
7.8%
7.8%
4,434.3
369.2
8.3%
8.3%
SGGL
0.0
0.0
0.0%
0.0%
502.5
4.5
0.9%
0.9%
3,066.9
284.0
9.3%
9.3%
SGOA
96.5
2.1
2.2%
2.2%
96.4
8.5
8.8%
8.8%
96.0
8.5
8.8%
8.8%
HTDN
1,779.7
38.0
2.1%
2.1%
1,449.1
129.3
8.9%
8.9%
2,960.3
295.7
10.0%
10.0%
Other Approved Securities (excluding

Infrastructure Investments)
Bonds / Debentures issued by NHB /
Institutions accredited by NHB
INFRASTRUCTURE - PSU - CPS
IPCP
0.0
0.0
0.0%
0.0%
0.0
0.0
0.0%
0.0%
1,476.5
47.3
3.2%
3.2%
Infrastructure - Other Corporate Securities

Debentures / Bonds
ICTD
607.0
14.8
2.4%
2.4%
627.6
64.5
10.3%
10.3%
1,482.5
149.1
10.1%
10.1%
IPTD
2,408.1
51.1
2.1%
2.1%
1,899.0
162.6
8.6%
8.6%
3,382.3
377.7
11.2%
11.2%
ECOS
1,570.8
35.5
2.3%
2.3%
1,186.5
111.2
9.4%
9.4%
6,239.2
656.9
10.5%
10.5%
CCIL - CBLO
ECBO
1,420.1
23.9
1.7%
1.7%
1,430.3
100.6
7.0%
7.0%
1,724.7
138.1
8.0%
8.0%
Commercial Papers
ECCP
495.3
9.6
1.9%
1.9%
693.8
57.4
8.3%
8.3%
577.2
52.3
9.1%
9.1%
EDCD
449.2
1.8
0.4%
0.4%
468.4
31.2
6.7%
6.7%
603.7
9.6
1.6%
1.6%
Mutual Funds - Gilt / G Sec / Liquid

Schemes
EGMF
0.0
0.0
0.0%
0.0%
0.0
0.0
0.0%
0.0%
0.0
0.0
0.0%
0.0%
17,364.6
352.7
17,911.7
1,465.4
35,275.9
3,187.2
TOTAL
FORM L-34-YIELD ON INVESTMENTS-1 - Linked

Name of the Fund Linked Fund

Rs. Lakhs
Current Quarter
No.
Category
Code
Investment
(Rs.)
Income on
Gross
Net Yield
Investment
Investment (Rs.)
Yield (%)
(%)
(Rs.)
Income on
Investment
(Rs.)
Year to Date (previous year)
Gross
Net Yield
Yield (%)
(%)
Investment
(Rs.)
Income on
Gross
Net Yield
Investment
Yield (%)
(%)
(Rs.)

Treasury Bills
CGSB
CTRB
SGGL
2
84,018.6
61,192.7
6,143.9
3
2,631.4
1,099.3
104.3
4
3.1%
1.8%
1.7%
5
3.1%
1.8%
1.7%
6
85,789.8
55,412.1
4,138.9
7
5,956.1
4,168.8
302.3
8
6.9%
7.5%
7.3%
9
6.9%
7.5%
7.3%
10
81,725.4
34,853.4
2,905.5
11
13,010.6
2,904.2
522.9
12
15.9%
8.3%
18.0%
13
15.9%
8.3%
18.0%
Other Approved Securities (excluding Infrastructure Investments)
SGOA
82.8
2.7
3.2%
3.2%
82.6
7.2
8.7%
8.7%
80.3
12.8
15.9%
15.9%
Bonds / Debentures issued by NHB / Institutions accredited by

NHB
HTDN
17,920.8
447.3
2.5%
2.5%
17,731.7
1,577.4
8.9%
8.9%
16,034.1
2,057.5
12.8%
12.8%
INFRASTRUCTURE - PSU - CPS
IPCP
0.0%
0.0%
0.0%
0.0%
976.8
1.8%
1.8%

Infrastructure - Other Corporate Securities Debentures / Bonds
Infrastructure - PSU - Equity shares - Quoted
Infrastructure - Corporate Securities - Equity shares-Quoted
Infrastructure - Debentures / Bonds / CPS / Loans
Infrastructure - Equity (including unlisted)
PSU - Equity Shares - Quoted
CCIL - CBLO
Corporate Securities - Equity Shares (Ordinary) - Quoted
Commercial Papers
Mutual Funds - Gilt / G Sec / Liquid Schemes
IPTD
ICTD
ITPE
ITCE
IODS
IOEQ
EAEQ
ECOS
ECBO
EACE
ECCP
EGMF
2.6%
2.8%
-1.1%
-8.8%
0.0%
-14.7%
-9.5%
2.8%
1.7%
-2.5%
0.0%
0.7%
2.6%
2.8%
-1.1%
-8.8%
0.0%
-14.7%
-9.5%
2.8%
1.7%
-2.5%
0.0%
0.7%
25,494.2
12,489.8
10,846.7
8,871.5
4,429.0
32,264.9
13,107.0
21,603.9
384,286.8
4,579.1
8.4%
8.2%
-5.7%
-32.8%
0.0%
-5.6%
-16.9%
9.4%
7.0%
-7.1%
0.0%
0.7%
8.4%
8.2%
-5.7%
-32.8%
0.0%
-5.6%
-16.9%
9.4%
7.0%
-7.1%
0.0%
0.7%
21,218.1
11,146.4
16,253.3
9,257.8
7,294.5
46,405.7
13,871.9
12,854.8
418,854.0
946.4
-
2,943.1
1,752.0
4,744.2
2,468.4
(436.5)
8,977.7
1,779.8
1,028.4
114,374.6
71.9
-
13.9%
15.7%
29.2%
26.7%
0.0%
-6.0%
19.3%
12.8%
8.0%
27.3%
7.6%
0.0%
13.9%
15.7%
29.2%
26.7%
0.0%
-6.0%
19.3%
12.8%
8.0%
27.3%
7.6%
0.0%
0.0%
0.0%
698.1
83.5
12.0%
12.0%
1,166.6
(139.9)
-12.0%
-12.0%
Equity Shares (incl. Equity related instruments) - Promoter Group ** EEPG

Deposits - Deposit with Scheduled Banks, FI's(incl. Bank Balance
awaiting Investment) , CCIL RBI
Application Money
Net Current Assets
Equity Shares (incl Co-op Societies )
Debentures
Mutual Funds - Debt / Income / Serial Plans / Liquid Secemes
Equity Shares (PSUs & Unlisted)
TOTAL
25,655.5
10,556.7
9,920.1
4,932.8
1,074.4
22,466.8
13,862.8
30,650.3
345,966.8
4,579.1
-
655.4
298.8
(104.4)
(435.7)
(157.6)
(2,127.2)
386.6
516.9
(8,631.2)
33.3
2,130.9
1,019.5
(614.2)
(2,909.7)
(247.8)
(5,454.3)
1,225.8
1,509.3
(27,105.6)
33.3
17.2
EDCD
4,994.8
1.7
0.0%
0.0%
1,166.9
41.1
3.5%
3.5%
1,050.5
3.2
0.3%
0.3%
ECDB
1,084.9
20.5
1.9%
1.9%
1,058.6
24.8
2.3%
2.3%
2,440.8
4.9
0.2%
0.2%
ECAM
ENCA
OESH
OLDB
OMGS
OEPU
1,972.6
7,771.5
654,848.0
0.0%
0.0%
7.0%
0.0%
0.0%
0.0%
0.0%
0.0%
7.0%
0.0%
0.0%
0.0%
4,994.5
1,972.6
6,604.0
697,622.6
0.2%
0.0%
-0.7%
0.0%
0.0%
0.0%
0.2%
0.0%
-0.7%
0.0%
0.0%
0.0%
7,328.3
11,076.9
717,741.6
0.0%
0.0%
30.0%
0.0%
0.0%
0.0%
0.0%
0.0%
30.0%
0.0%
0.0%
0.0%
541.9
(4,715.9)
7.5
(43.3)
(18,287.2)
3,325.1
159,422.0
FORM L-35-DOWNGRADING OF INVESTMENTS - 2
PART - A

NAME OF THE FUND : LIFE FUND
Statement of Down Graded Investments

Rs. Lakhs
No
A.
Name of the Security
Amount
Date of
Purchase
Rating
Agency
Original
Grade
Current
Grade
Date of
Downgrade
Remarks
During the Quarter
6.70% Reliance Infrastructure

Ltd NCD 19-08-2018
IODS
486.93
27/Nov/03 CRISIL
AAA
A-
15/02/16
ECOS
3494.41
21/May/12 CARE
AAA
AA+
17/03/16
ECOS
100.46
18/Feb/13 CARE
AAA
AA+
17/03/16
ECOS
500.00
8/Jun/12 CARE
AAA
AA+
17/03/16
ECOS
1000.00
8/Jun/12 CARE
AAA
AA+
17/03/16
ECOS
1000.00
11/Jun/12 CARE
AAA
AA+
17/03/16
ECOS
1000.00
6/Jun/12 CARE
AAA
AA+
17/03/16
ECOS
1000.00
6/Jun/12 CARE
AAA
AA+
17/03/16
6.70% Reliance Infrastructure

Ltd NCD 19-08-2018
IODS
486.93
27/Nov/03 CRISIL
AAA
A-
15/02/16
8.90% STEEL AUTHORITY OF

INDIA LTD. NCD 01-05-2019
ECOS
3494.41
21/May/12 CARE
AAA
AA+
17/03/16

ECOS
100.46
18/Feb/13 CARE
AAA
AA+
17/03/16

ECOS
500.00
8/Jun/12 CARE
AAA
AA+
17/03/16

ECOS
1000.00
8/Jun/12 CARE
AAA
AA+
17/03/16

ECOS
1000.00
11/Jun/12 CARE
AAA
AA+
17/03/16

ECOS
1000.00
6/Jun/12 CARE
AAA
AA+
17/03/16

ECOS
1000.00
6/Jun/12 CARE
AAA
AA+
17/03/16

B.
COI
Downgraded Five
times (Year 2009-10,
2012-13, 2013-14,
2014-15 & 2015-16)
As on Date
Downgraded Four
times (Year 2009-10,
2012-13 & 2013-14
& 2014-15)

NAME OF THE FUND : PENSION, GENERAL ANNUITY & GROUP BUSINESS
PART - A
Rs. Lakhs
No
A.
B.
COI
Amount
Date of
Purchase
Rating
Agency
Original
Grade
Current
Grade
Date of
Downgrade
During the Quarter

9.18% STEEL AUTHORITY OF INDIA
ECOS
LTD. NCD 27-08-2017
100.46
18-Feb-13 CARE
AAA
AA+
17-Mar-16
As on Date
9.18% STEEL AUTHORITY OF INDIA
ECOS
LTD. NCD 27-08-2017
100.46
18-Feb-13 CARE
AAA
AA+
17-Mar-16

NAME OF THE FUND : LINKED FUND
Remarks
PART - A
Rs. Lakhs
No
A.
During the Quarter
B.
As on Date
COI
Amount
Date of
Purchase
Rating
Agency
----------------------------NIL---------------------------------
----------------------------NIL---------------------------------
Original
Grade
Current
Grade
Date of
Downgrade
Remarks
FORM L-36 : Premium and number of lives covered by policy type

(Rs in Lakhs)
For the quarter ended March 2016
Sl. No
1
Premium
Particulars
No. of
Policies
No. of Lives
For the quarter ended March 2015Sum
Sum Insured,
Wherever
applicable
Premium
No. of
Policies
Upto the quarter ended March 2016
No. of Lives
Insured,
Wherever
applicable
18
10
4
2
67
31
68
17
225
Premium
No. of
Policies
No. of
Lives
Sum Insured,
Wherever
applicable
Premium
No. of
Policies
No. of
Lives
Sum Insured,
Wherever
applicable
First year Premum

i Individual Single Premium- (ISP)
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
13
40
78
13
37
12
43
From 0-50000
From 50,001-100,000
From 1,00,001-150,000
From 150,001- 2,00,000
From 2,00,001-250,000
From 2,50,001 -3,00,000
Above Rs. 3,00,000
44
14
40
19
43
30
21
4
5
2
5
43
30
21
4
5
2
5
111
77
243
17
46
15
56
11
(3)
2
1
1
236
18
10
4
2
-
38
94
113
33
66
27
471
141
84
45
8
9
4
22
141
84
45
8
9
4
22
326
306
355
48
95
44
552
27
65
45
9
86
39
42
13
3
9
39
42
13
3
9
468
17
17
143
222
100
26
454
750
ii Individual Single Premium (ISPA)- Annuity
50
47
23
50
19
50
iii Group Single Premium (GSP)

From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
From 0-50000
From 50,001-100,000
From 1,00,001-150,000
From 150,001- 2,00,000
From 2,00,,001-250,000
From 2,50,001 -3,00,000
Above Rs. 3,00,000
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
608
4,981
9,216
2,588
5,378
892
7,840
9,274
27,350
23,350
3,926
5,419
713
2,535
9,274
27,350
23,350
3,926
5,419
713
2,535
454
4,447
7,908
3,157
4,455
1,075
5,806
5,119
27,451
21,789
5,427
5,203
843
1,986
5,119
27,451
21,789
5,427
5,203
843
1,986
881
15,374
21,297
6,968
11,192
2,232
13,501
12,532
92,815
60,947
13,546
12,590
2,008
4,630
12,532
92,815
60,947
13,546
12,590
2,008
4,630
iv Group Single Premium- Annuity- GSPA
v Individual non Single Premium- INSP

82,035
224,923
152,331
45,267
56,027
19,309
93,045
22,283
102,508
138,057
60,960
70,282
18,268
94,742
1,977
16,885
25,112
9,441
13,568
3,463
20,499
32,094
101,648
69,059
13,880
14,482
2,256
6,850
32,094
101,648
69,059
13,880
14,482
2,256
6,850
250,757
701,659
476,141
166,531
175,791
54,815
293,089
147,569
452,745
426,203
165,314
170,181
48,124
220,056
vi Individual non Single Premium- Annuity- INSPA

From 0-50000
From 50,001-100,000
From 1,00,001-150,000
From 150,001- 2,00,000
From 2,00,,001-250,000
From 2,50,001 -3,00,000
Above Rs. 3,00,000
20
88
46
45
4
30
203
20
88
44
45
4
30
203
(1)
-
FORM L-36 : Premium and number of lives covered by policy type

(Rs in Lakhs)
Sl. No
Premium
Particulars
No. of
Policies
No. of Lives
For the quarter ended March 2015Sum
Sum Insured,
Wherever
applicable
Premium
No. of
Policies
No. of Lives
Insured,
Wherever
applicable
Premium
No. of
Policies
No. of
Lives
Sum Insured,
Wherever
applicable
vii Group Non Single Premium (GNSP)

From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
No. of
Policies
No. of
Lives
Sum Insured,
Wherever
applicable
372,037
952,340
880,433
441,696
378,865
149,521
575,669
10,381
39,362
38,362
13,989
17,157
4,517
26,124
132,848
290,294
132,320
38,538
27,140
6,176
13,786
131,039
288,813
131,797
38,452
27,019
6,145
13,651
372,936
905,809
791,194
375,363
373,776
129,118
611,047
75
455
140
96
61
74
42
166
467
336
63
194
17
230
1,851
6,144
2,353
382
784
62
385
1,834
6,091
2,332
381
777
62
380
93
573
239
111
74
77
173
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
1,639
13,239
18,865
5,696
9,416
1,885
11,083
36,179
108,174
68,109
18,253
13,714
3,053
6,097
35,616
107,038
67,448
18,049
13,493
2,963
5,911
112,656
373,441
408,339
187,651
184,928
62,022
275,196
1,551
11,881
16,218
5,536
8,154
2,036
11,824
34,950
97,801
55,479
13,539
10,738
2,316
4,918
35,553
98,879
55,967
13,693
10,929
2,380
5,032
96,056
292,123
308,993
130,377
144,449
46,928
215,333
5,473
37,491
48,203
16,813
23,273
5,980
27,814
100,147
274,271
149,397
50,113
29,157
8,426
14,130
93,022
251,040
138,614
40,763
26,862
6,699
12,508
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
3
119
70
14
44
4
39
353
767
203
48
53
6
21
351
764
200
48
51
6
21
45
284
41
39
25
24
20
33
119
80
17
49
5
25
465
942
266
64
77
11
38
469
949
270
64
79
11
38
46
293
44
38
25
24
36
83
262
156
43
126
17
94
806
2,474
742
198
183
30
96
777
2,133
647
151
168
22
77
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
From 0-10000
From 10,000-25,000
From 25001-50,000
From 50,001- 75,000
From 75,000-100,000
From 1,00,001 -1,25,000
Above Rs. 1,25,000
viii Group Non Single Premium- Annuity- GNSPA
Premium
Renewal Premium
i Individual
ii Individual- Annuity
iii Group
iv Group- Annuity
FORM L-37 :
Business Acquisition through different channels (Groups)

100
Business Acquisition through different channels (Group)
(Rs in Lakhs)

Sl.No.
No. of Policies/
No. of Schemes
Channels
Individual agents
Corporate Agents-Banks
Corporate Agents -Others
Brokers
40
Micro Agents
Direct Business
23
Referral (B)
Total(A)
65
No. of Lives
Covered

No. of Policies/
No. of Schemes
Premium
245
15,811
1,422
1,872
114,302
119,448
251,678
No. of Lives
Covered
65
251,678
No. of Policies/
No. of Schemes
Premium
No. of Lives
Covered

No. of Policies/
No. of Schemes
Premium
No. of Lives
Covered
Premium
2,220
13
105
49
18
25,801
99
16,358
658
50,081
4,001
29
139,237
1,936
68
274,763
392
35
438,660
2,246
109
430
-
1,284
733,285
Grand Total (A+B)
2,246
1,459
227
1,934
100
4,057
5,900
474,068
492,376
2,015
1,839
1,803
279
954,895
3,735
122
1,376,181
4,984
345
1,022,530
7,904
449
2,497,917
10,761
345
1,022,530
7,904
449
2,497,917
10,761
109
733,285
4,057
FORM L-38 :
Business Acquisition through different channels (Individuals)
Business Acquisition through different channels (Individuals)
(Rs in Lakhs)
Sl.No.
Channels
Individual agents
Corporate Agents-Banks
Corporate Agents -Others
Brokers
Micro Agents
Direct Business
No. of Policies
Premium
No. of Policies
Premium
No. of Policies
Premium
No. of Policies
Premium
3,064
8,534
3,104
28,206
9,282
28,764
9,256
43,060
19,329
42,284
15,954
142,856
53,684
131,114
44,149
4,655
2,128
69
10,922
60
2,305
156
(1)
18,742
72,677
(5)
9,949
14,918
32,344
1
Referral (B)
Grand Total (A+B)
6,220
Total (A)
72,677
32,344
(5)
-
(4)
(3)
37,055
18,610
8,447
58,613
67,864
27,573
240,592
92,441
199,234
(7)
(22)
(10)
(28)
(43)
(22)
67,857
27,551
240,582
92,413
199,191
72,145
29,421
72,168
FORM L-39 : Data on Settlement of Claims


(Rs in Lakhs)
Ageing of Claims
No. of claims paid
Sl.No.
Types of Claims
Total No. of
claims paid
Total amount of
claims paid
Maturity Claims
On or before
matuirty
106
874
13
789
Survival Benefit
255
74
38
41
33
995
443
166
for Annuities / Pension
52
52
475
For Surrender
31
10,896
16,509
Other benefits-Health
Death Claims-Group
550
550
4,296
Death Claims-Individual
940
30
973
5,351
201
1 month
1 - 3 months
10,664
3 - 6 months
6 months - 1 year
> 1 year
FOR L-40 : Yearly claims data for Life

No. of claims only

Sl. No.
1
2
3
4
5
6
7
Claims Experience
Claims O/S at the beginning of the period
Claims reported during the period
Claims Settled during the period
Claims Repudiated during the period
a Less than 2years from the date of acceptance of risk
b Grater than 2 year from the date of acceptance of risk
Claims Rejected
Claims Written Back
Claims O/S at End of the period
Less than 3months
3 months to 6 months
6months to 1 year
1year and above
For Death
for Maturity
Survival Benefit
For Annuities/
Pension
For Surrender
Other BenefitsHealth
38
226
2,684
1,611
2,152
577
62
13,326
1,523
995
443
52
10,896
97
94
1
2
27
1,383
135
13
5,114
24
1,383
135
13
5,114
FORM L-41
GREIVANCE DISPOSAL
GREIVANCE DISPOSAL FOR THE QUARTER ENDING
Sl No.
Opening
Balance *
As on
beginning of
the quarter
Particulars
Complaints Resolved/ settled during the quarter

Additions
during the
quarter
Fully Accepted
Partial
Accepted
Rejected
Complaints
Total complaints
Pending at the
registered upto
end of the
the quarter during
quarter
the financial year
Complaints made by customers

a) Death claims
45
43
107
b) Policy servicing
70
35
36
282
21
288
254
51
749
d) Survival Claims
67
16
57
347
e) ULIP related
31
(4)
39
258
51
789
(3)
821
22
2,699
c) Proposal processing
f) Unfair business practices

g) Others
Total Number of complaints
13
99
1,303
349
1,015
Total number of policies during previous year
Total number of claims during previous year
199,191
4,063
Total number of policies during current year
240,582
5
6
Total number of claims during current year

Total no. of Policy complaints (current year) per
10,000 policies (current year)
Total no. of Claim complaints (current year) per

10,000 claims registered (current year)
Duration wise Pending Status
4,980
225
215
Complaints
made by
customers
a) Upto 7 days
38
Complaints
made by
intermediaries
Total
38
b) 7-15 days
c) 15-30 days
d) 30-90 days
38
e) 90 days and beyond

Total Number of complaints
* Opening balance should tally with the closing balance of the previous financial year.
38
38
35
4,477
L-42- Valuation Basis (Life Insurance) Valuation as at March 31,2016
Valuation as at March 31,2016

a.How the policy data needed for valuation is
accessed.
b.How the valuation bases are supplied to the

system
1) Interest : Maximum and minimum interest rate

taken for each segment
i. Individual Business
1. Life- Participating policies
2. Life- Non-participating Policies
3. Annuities- Participating policies
4. Annuities Non-participating policies
5. Annuities- Individual Pension Plan
6. Unit Linked
7. Health Insurance
ii. Group Business
1.Premium Guarentee Less than 5 Yr.
2.Premium Guarentee More than 5 Yr.
The Policy data required for the purpose of valuation is obtained from
the policy administration system ( Life-Asia for individual business
and Group Asia for group business). The data is subject to various
checks before using it for liability calculations.
The valuation projections are primarily modelled (separately for each
product) in MG-ALFA the actuarial software used for calculating the
mathematical reserves. The software allows the specification and
input of each of the valuation parameters for the modelled products.
6.00% pa
5.5% pa
6.00% pa
5.5% pa
NA
5.5% pa
5.5% pa
NA
5.5% pa
2) Mortality Rates : the mortality rates used for each

segment
70% to 100% of IALM 2006-08 table
45% to 330% of IALM 2006-08 table
70% to 100% of IALM 2006-08 table
70% to 90% of LIC 96-98 Annuitants mortality table
NA
6. Unit Linked
70% to 90% of IALM 2006-08 table
7. Health Insurance
85% of IALM 2006-08 table for mortality
ii. Group Business
NA
80% of IALM 2006-08 table
3) Expense :
Per Policy
Rs 110 to Rs 665 p.a. depending on duration and policy type

Rs 225 p.a. and
0.6% of annuity payments
NA

6. Unit Linked
7. Health Insurance
ii. Group Business

NA
Rs 25 to Rs 60 p.a.
Simple Reversionary bonus: 0.8% to 3.5% of Sum Assured.
Compound Reversionary bonus: 2.5% to 3% of Sum Assured plus
accrued reversionary bonuses.
Terminal bonus : 5%-15% of accrued reversionary bonus.
4) Bonus Rates :
5) Policyholders Reasonable Expectations
ii. Group Business

8) Change in Valuation Methods or Bases
i. Individuals Assurances
Non Par
1. Interest
2. Expenses
3. Inflation
4. Mortality
Par
1. Interest
2. Expenses
3. Inflation
4. Mortality
Pension
1. Interest
2. Expenses
3. Inflation
4. Mortality
Annuities
1. Interest
a.Annuity in payment
b.Annuity during deferred period
c.Pension : All Plans
2. Expenses
3. Inflation
4. Mortality
iii. Unit Linked
1. Interest
2. Expenses
3. Inflation
4. Mortality
iv.Health
1. Interest
2. Expenses
3. Inflation
4. Mortality
v. Group
1. Interest
2. Expenses
3. Inflation
4. Mortality
0% to 1.4% of AP depending on duration and

policy type
policy type
policy type
NA
NA
policy type
NA
NA
For par policies, the reserves are calculated by taking into account
the future reversionary bonuses, terminal bonus and the accrued
reversionary bonus as per the policy terms and conditions. This is in
line with our illustrations demonstrated to the policyholders
6) Taxation and Shareholder Transfers

Allowed for in the valuation of participating policies.
7) Basis of provisions for Incurred But Not Reported
(IBNR)
Premium Related (% of Annualised Premium)
A maximum reporting delay up to 3 months is assumed. Expected

proportions of unreported deaths for each monthly duration are
applied to estimate the IBNR provision for individual business.
Estimates of unreported claims calculated using run-off triangle
approach.
No Change
Change in duration-wise premium related expenses
No Change
Channelwise break-up of mortality factored in
No Change
No Change
No Change
No Change
No Change
No Change
NA
NA
NA
NA
NA
NA
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
No Change
Reduced by 20%- 25% of IALM 2006-08 mortality table
0% to 28% of premium depending on duration

and policy type

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FORM L-1-A-RA

Premiums earned net

Income from Investments

Interest, Dividends & Rent Gross

Profit on sale/redemption of investments

(Loss on sale/ redemption of investments)

Transfer/Gain on revaluation/change in fair value*

Transferred from Shareholders' Fund

Amounts transferred from/to the Policyholders Account (Technical Account)

Expense other than those directly related to the insurance business

* Represents Gain/(Loss) on account of unit compensation to policy holders.

BALANCE SHEET AS AT MARCH 31, 2016

MARCH 31, 2016

MARCH 31, 2015

CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT

PROVISION FOR LINKED LIABILITIES-NON UNIT

PROVISION FOR LINKED LIABILITIES-UNIT

Partly paid-up investments

MARCH 31, 2016

MARCH 31, 2015

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

SCHEDULES FORMING PART OF FINANCIAL STATEMENTS

FORM L-4-PREMIUM SCHEDULE

First year premiums

FORM L-5 - COMMISSION SCHEDULE

FORM L-6-OPERATING EXPENSES SCHEDULE

Printing & stationery

Legal & professional charges

Travel, conveyance and vehicle running expenses

Auditors' fees, expenses etc

Management services; and

c) in any other capacity

Advertisement and publicity

FORM L-6 A-OPERATING EXPENSES SCHEDULE

Employees remuneration & welfare benefits

FORM L-7-BENEFITS PAID SCHEDULE

(b) Claims by Maturity,

(c) Annuities/Pension payment,

(d) Periodical Benefit

(b) Claims by Maturity,

(c) Annuities/Pension payment,

(d) Periodical Benefit

(a) Claims by Death,

(b) Claims by Maturity,

FORM L-8-SHARE CAPITAL SCHEDULE

MARCH 31, 2016

MARCH 31, 2015

3,000,000,000 (Previous period - 3,000,000,000) equity shares of Rs 10/- each

2,012,884,283 (Previous period - 2,012,884,283) equity shares of Rs 10/- each

MARCH 31, 2016

MARCH 31, 2015

FORM L-10-RESERVES AND SURPLUS SCHEDULE

MARCH 31, 2016

MARCH 31, 2015

FORM L-11-BORROWINGS SCHEDULE

MARCH 31, 2016 MARCH 31, 2015

For Information technology equipments and software [Finance lease for

FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE

MARCH 31, 2016 MARCH 31, 2015

LONG TERM INVESTMENTS

(b) Mutual Funds

(d) Debentures/ Bonds