0% found this document useful (0 votes)

35 views51 pages

Public Disclosure Q2 2023-24

Claim settlement

Uploaded by

cmmishra4218

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

0% found this document useful (0 votes)

35 views51 pages

Public Disclosure Q2 2023-24

Claim settlement

Uploaded by

cmmishra4218

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

You are on page 1/ 51

ACKO GENERAL INSURANCE LIMITED

Registration No. 157 dated September 18, 2017

PERIODIC DISCLOSURES
FORM NL-1B - REVENUE ACCOUNT
REVENUE ACCOUNT FOR THE PERIOD ENDED ON 30TH SEPTEMBER, 2023 (Amount in ₹ Lakhs)
Sr Particulars Schedule Fire Marine Miscellaneous Total
No Ref. Form No. For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22 Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22 Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22 Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22

1 Premiums earned (Net) NL-4 - - - - - - - - 28,690 55,903 20,455 36,365 28,690 55,903 20,455 36,365
2 Profit / (Loss) on sale / redemption of Investments - - - - - - - - 131 374 104 96 131 374 104 96
3 Interest, Dividend & Rent (Gross) (Note 1) - - - - - - - - 2,456 4,746 1,458 2,362 2,456 4,746 1,458 2,362
5 Others - - - - - - - - - - - - - - - -
(a) Other Income - - - - - - - - - - - - - - - -
(b) Contribution from the Shareholders' Account - - - - - - - - - - - - - - - -
(i) Towards Excess Expenses of Management - - - - - - - - 23,227 23,227 - - 23,227 23,227 - -
(ii) Others - - - - - - - - - - - - - - - -
Total (A) - - - - - - - - 54,504 84,250 22,017 38,823 54,504 84,250 22,017 38,823
6 Claims Incurred (Net) NL-5 - - - - - - - - 19,962 40,066 20,611 31,753 19,962 40,066 20,611 31,753
7 Commission (Net) NL-6 - - - - - - - - 4,270 7,333 408 331 4,270 7,333 408 331
8 Operating expenses related to Insurance Business NL-7 - - - - - - - - 22,255 40,282 17,033 34,024 22,255 40,282 17,033 34,024
9 Premium Deficiency - - - - - - - - - - - - - -
Total (B) - - - - - - - - 46,487 87,681 38,052 66,108 46,487 87,681 38,052 66,108
11 Operating Profit / (Loss) C = (A-B) - - - - - - - - 8,017 (3,431) (16,035) (27,285) 8,017 (3,431) (16,035) (27,285)
12 Appropriations:
Transfer to Shareholders' Account - - - - - - - - 8,017 (3,431) (16,035) (27,285) 8,017 (3,431) (16,035) (27,285)
Transfer to Catastrophe Reserve - - - - - - - - - - - - - - - -
Transfer to Other Reserves - - - - - - - - - - - - - - - -
Total (C) - - - - - - - - 8,017 (3,431) (16,035) (27,285) 8,017 (3,431) (16,035) (27,285)

Note - 1 (Amount in ₹ Lakhs)

Particulars Fire Marine Miscellaneous Total
For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22 Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22 Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22 Quarter Sep-23 quarter Sep-23 Quarter Sep-22 quarter Sep-22
Interest, Dividend & Rent - - - - - - - - 2,450 4,585 1,523 2,495 2,450 4,585 1,523 2,495
Add/Less:- - - - - - - - - - - - - - - - -
Investment Expenses - - - - - - - - - - - - - - - -
Amortisation of Premium/ Discount on Investments - - - - - - - - 6 161 (65) (133) 6 161 (65) (133)
Amount written off in respect of depreciated investments - - - - - - - - - - - - - - - -
Provision for Bad and Doubtful Debts - - - - - - - - - - - - - - - -
Provision for diminution in the value of other than actively traded Equities - - - - - - - - - - - - - - - -
Investment income from Pool - - - - - - - - - - - - - - - -
Interest, Dividend & Rent – Gross - - - - - - - - 2,456 4,746 1,458 2,362 2,456 4,746 1,458 2,362
- - - - - - - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL-2B - PL
PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED ON 30TH SEPTEMBER, 2023 (Amount in ₹ Lakhs)
Sr. Particulars Schedule For the Quarter Up to the For the Quarter Up to the
No. Ref. Form No. Sep-23 quarter Sep-23 Sep-22 quarter Sep-22
1 OPERATING PROFIT / (LOSS)
(a) Fire Insurance - - - -
(b) Marine Insurance - - - -
(c) Miscellaneous Insurance 8,017 (3,431) (16,035) (27,285)
8,017 (3,431) (16,035) (27,285)
2 INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent - Gross 1,455 2,772 1,819 2,922
(b) Profit on sale of Investments 92 252 198 220
(c) (Loss on sale/ redemption of investments) (14) (34) (70) (102)
(d) Amortization of Premium / Discount on Investments - - - -
1,533 2,990 1,947 3,040
3 OTHER INCOME
(a) Provision for diminution in value of investments written back - - - -
(b) Others - - 1 2
- - 1 2
TOTAL (A) 9,550 (441) (14,087) (24,243)
4 PROVISIONS (Other than taxation)
(a) For diminution in the value of investments - - - -
(b) For doubtful debts - - - -
(c) Others - - - -
5 OTHER EXPENSES
(a) Expenses other than those related to Insurance business 17 32 (21) 13
(b) Bad Debts/ Advances written off - - - -
(c) Interest on subordinated debt - - - -
(d) Expenses towards CSR activities - - - -
(e) Penalties - - - -
(f) Contribution to Policyholders' A/c - - - -
(i) Towards Excess Expenses of Management 23,227 23,227 - -
(ii) Others - - - -
(g) Others - - - -
TOTAL (B) 23,244 23,259 (21) 13
6 Profit/(Loss) Before Tax (A-B) (13,694) (23,700) (14,066) (24,256)
7 Provision for Taxation - - - -
8 Profit/(Loss) After Tax (13,694) (23,700) (14,066) (24,256)
Appropriations
(a) Interim dividends paid during the year - - - -
(b) Final dividend paid - - - -
(c) Transfer to any Reserves or other Accounts - - - -
Balance of Profit/(Loss) brought forward from last year (150,041) (140,035) (95,096) (84,906)
Balance carried forward to Balance sheet (163,735) (163,735) (109,162) (109,162)
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL-3B - BS
BALANCE SHEET AS AT 30TH SEPTEMBER, 2023 (Amount in ₹ Lakhs)
Sr. Particulars Schedule As at 30th As at 30th
No. Ref. Form No. September, 2023 September, 2022
SOURCES OF FUNDS
1 SHARE CAPITAL NL-8 244,600 214,600
2 SHARE APPLICATION MONEY PENDING ALLOTMENT - -
3 RESERVES AND SURPLUS NL-10 4,512 1,939
4 FAIR VALUE CHANGE ACCOUNT
-Shareholders' Funds 15 3
-Policyholders' Funds 25 2
5 BORROWINGS NL-11 - -
TOTAL 249,152 216,544
APPLICATION OF FUNDS
6 INVESTMENTS (SHAREHOLDERS) NL-12 90,542 106,493
7 INVESTMENTS (POLICYHOLDERS) NL-12A 151,075 98,087
8 LOANS NL-13 - -
9 FIXED ASSETS NL-14 716 517
10 DEFERRED TAX ASSET (NET) - -
11 CURRENT ASSETS
Cash and Bank Balances NL-15 2,135 1,407
Advances and Other Assets NL-16 9,093 16,347
Sub-Total (A) 11,228 17,754
12 DEFERRED TAX LIABILITY (Net)
13 CURRENT LIABILITIES NL-17 93,634 70,349
14 PROVISIONS NL-18 74,510 45,120
Sub-Total (B) 168,144 115,469
15 NET CURRENT ASSETS (C) = (A-B) (156,916) (97,715)
MISCELLANEOUS EXPENDITURE (To the extent not written
16 NL-19 - -
off or adjusted)
17 DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT 163,735 109,162
TOTAL 249,152 216,544

CONTINGENT LIABILITIES (Amount in ₹ Lakhs)

Sr. Particulars As at 30th As at 30th
No. September, 2023 September, 2022
1 Partly paid-up investments - -
2 Claims, other than against policies, not acknowledged as debts by the - -
3 Underwriting commitments outstanding (in respect of shares and securities) - -
4 Guarantees given by or on behalf of the Company - -
5 Statutory demands/ liabilities in dispute, not provided for - -
6 Reinsurance obligations to the extent not provided for in accounts - -
7 Others (litigation for trade mark infringement and advertisement) 200 300
TOTAL 200 300
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 4 - PREMIUM SCHEDULE
PREMIUM EARNED (NET) [CURRENT YEAR] (Amount in ₹ Lakhs)
Sr Particulars Fire Marine Miscellaneous Grand Total
No Marine Cargo Marine Hull Total Marine Motor OD Motor TP Total Motor Health Personal Accident Travel Insurance Total Health Workmen’s Public/ Product Liability Engineering Aviation Crop Insurance Other Miscellaneous Total Miscellaneous
Compensation/ segment
Employer’s Liability
For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter
Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23
1 Gross Direct Premium - - - - - - - - 6,911 12,502 11,717 21,585 18,628 34,087 22,247 43,147 158 413 908 2,271 23,313 45,831 - - 1,996 4,812 - - - - - - 1,147 2,339 45,084 87,069 45,084 87,069
2 Add : Premium on reinsurance accepted - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3 Less : Premium on reinsurance ceded - - - - - - - - 2,052 3,719 3,513 6,455 5,565 10,174 890 1,726 8 22 57 130 955 1,878 - - 870 2,455 - - - - - - 316 647 7,706 15,154 7,706 15,154
Net Written Premium - - - - - - - - 4,859 8,783 8,204 15,130 13,063 23,913 21,357 41,421 150 391 851 2,141 22,358 43,953 - - 1,126 2,357 - - - - - - 831 1,692 37,378 71,915 37,378 71,915
4 Add : Opening balance of UPR - - - - - - - - 7,970 7,387 15,721 15,415 23,691 22,802 35,396 30,052 321 232 42 39 35,759 30,323 - - 3,573 2,907 - - - - - - 1,376 1,043 64,399 57,075 64,399 57,075
5 Less : Closing balance of UPR - - - - - - - - 8,987 8,987 16,760 16,760 25,747 25,747 41,301 41,301 293 293 55 55 41,649 41,649 - - 4,090 4,090 - - - - - - 1,601 1,601 73,087 73,087 73,087 73,087
Net Earned Premium - - - - - - - - 3,842 7,183 7,165 13,785 11,007 20,968 15,452 30,172 178 330 838 2,125 16,468 32,627 - - 609 1,174 - - - - - - 606 1,134 28,690 55,903 28,690 55,903

Gross Direct Premium

- In India - - - - - - - - 6,911 12,502 11,717 21,585 18,628 34,087 22,247 43,147 158 413 908 2,271 23,313 45,831 - - 1,996 4,812 - - - - - - 1,147 2,339 45,084 87,069 45,084 87,069
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

PREMIUM EARNED (NET) [PREVIOUS YEAR] (Amount in ₹ Lakhs)

Gross Direct Premium

- In India - - - - - - - - 5,252 8,984 11,193 19,829 16,445 28,813 18,362 34,731 164 303 723 1,443 19,249 36,477 - - 2,355 4,038 - - - - - - 740 1,281 38,789 70,609 38,789 70,609
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 5 - CLAIMS SCHEDULE
CLAIMS INCURRED (NET) [CURRENT YEAR] (Amount in ₹ Lakhs)
Sr Particulars Fire Marine Miscellaneous Grand Total
No Marine Cargo Marine Hull Total Marine Motor OD Motor TP Total Motor Health Personal Accident Travel Insurance Total Health Workmen’s Public/ Product Engineering Aviation Crop Insurance Other Miscellaneous Total Miscellaneous
Compensation/ Liability segment
Employer’s Liability
For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Sep- Quarter quarter Sep- Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Sep-
Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 23 Sep-23 23 Sep-23 23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 23 Sep-23 23
1 Claims Paid (Direct) - - - - - - - - 6,947 13,728 2,443 3,523 9,390 17,251 9,406 20,250 56 135 92 200 9,554 20,585 - - 1,149 2,169 - - - - - - 967 1,672 21,060 41,677 21,060 41,677
2 Add : Re-insurance accepted to direct claims - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3 Less : Re-insurance ceded to claims paid - - - - - - - - 2,650 5,494 1,168 1,637 3,818 7,131 377 815 2 6 4 8 383 829 - - 536 1,029 - - - - - - 371 671 5,108 9,660 5,108 9,660
Net Claims Paid - - - - - - - - 4,298 8,234 1,275 1,886 5,572 10,120 9,029 19,436 54 129 88 192 9,171 19,756 - - 614 1,140 - - - - - - 596 1,002 15,952 32,017 15,952 32,017
4 Add : Claims Outstanding at the end of the year 1 1 - - - - - - 2,424 2,424 37,989 37,989 40,413 40,413 5,200 5,200 246 246 340 340 5,786 5,786 - - 295 295 - - - - - - 219 219 46,713 46,713 46,714 46,714
5 Less : Claims Outstanding at the beginning of the year 1 1 - - - - - - 2,355 1,816 34,369 30,447 36,724 32,263 4,955 5,504 188 150 332 325 5,475 5,979 - - 263 246 - - - - - - 241 176 42,703 38,664 42,704 38,665
Net Incurred Claims - - - - - - - - 4,367 8,842 4,895 9,428 9,261 18,270 9,274 19,132 112 225 96 207 9,482 19,563 - - 646 1,189 - - - - - - 574 1,045 19,962 40,066 19,962 40,066

Claims Paid (Direct)

- In India - - - - - - - - 6,947 13,728 2,443 3,523 9,390 17,251 9,406 20,250 56 135 92 200 9,554 20,585 - - 1,149 2,169 - - - - - - 967 1,672 21,060 41,677 21,060 41,677
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Estimates of IBNR and IBNER at the end of the period (net) 1 1 - - - - - - 577 577 27,921 27,921 28,498 28,498 1,880 1,880 239 239 244 244 2,363 2,363 - - 226 226 - - - - - - 55 55 31,142 31,142 31,143 31,143

Estimates of IBNR and IBNER at the beginning of the period

1 1 - - - - - - 518 403 24,883 22,222 25,401 22,625 2,082 2,332 162 106 249 218 2,493 2,656 - - 204 212 - - - - - - 102 95 28,200 25,588 28,201 25,589
(net)

CLAIMS INCURRED (NET) [PREVIOUS YEAR] (Amount in ₹ Lakhs)

Claims Paid (Direct)

- In India - - - - - - - - 6,806 11,616 1,358 1,923 8,164 13,539 11,769 19,640 19 30 91 170 11,879 19,840 - - 1,340 2,307 - - - - - - 387 623 21,770 36,309 21,770 36,309
- Outside India - - - - - - - - - - - - - - - - - - - 0 - - - - - - - - - - - - - - - - - -

Estimates of IBNR and IBNER at the end of the period (net) 3 3 - - - - - - 251 251 19,136 19,136 19,387 19,387 2,510 2,510 104 104 269 269 2,883 2,883 - - 283 283 - - - - - - 29 29 22,582 22,582 22,585 22,585

Estimates of IBNR and IBNER at the beginning of the period

3 3 - - - - - - 85 63 13,889 12,412 13,974 12,475 2,020 1,887 91 81 231 189 2,342 2,157 - - 263 286 - - - - - - 23 1 16,602 14,919 16,605 14,922
(net)
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017

PERIODIC DISCLOSURES
FORM NL 6 - COMMISSION SCHEDULE
COMMISSION PAID (NET) [CURRENT YEAR] (Amount in ₹ Lakhs)
Sr Particulars Fire Marine Miscellaneous Grand Total
No Marine Cargo Marine Hull Total Marine Motor OD Motor TP Total Motor Health Personal Accident Travel Insurance Total Health Workmen’s Public/ Product Engineering Aviation Crop Insurance Other Miscellaneous Total Miscellaneous
Compensation/ Liability segment
Employer’s Liability
For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter
Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23
1 Commission & Remuneration - - - - - - - - 227 566 360 1,142 587 1,708 3,453 5,547 9 23 211 373 3,673 5,943 - - 38 38 - - - - - - - - 4,298 7,689 4,298 7,689
2 Rewards - - - - - - - - 0 0 - - - - 822 1,269 1 2 60 106 883 1,377 - - - - - - - - - - - - 883 1,377 883 1,377
3 Distribution fees - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Gross Commission - - - - - - - - 227 566 360 1,142 587 1,708 4,275 6,816 10 25 271 479 4,556 7,320 - - 38 38 - - - - - - - - 5,181 9,066 5,181 9,066
4 Add : Commission on Re-insurance accepted - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5 Less : Commission on Re-insurance ceded - - - - - - - - 284 512 434 795 718 1,307 91 176 (0) 2 4 9 95 187 - - 66 174 - - - - - - 32 65 911 1,733 911 1,733
Net Commission - - - - - - - - (57) 54 (74) 347 (131) 401 4,184 6,640 10 23 267 470 4,461 7,133 - - (28) (136) - - - - - - (32) (65) 4,270 7,333 4,270 7,333

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:
Individual Agents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Corporate Agents-Banks/FII/HFC - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Corporate Agents-Others - - - - - - - - 193 496 342 1,111 535 1,607 3,423 5,250 1 1 270 477 3,694 5,728 - - - - - - - - - - - - 4,229 7,335 4,229 7,335
Insurance Brokers - - - - - - - - 34 70 18 31 52 101 852 1,566 9 24 1 2 862 1,592 - - 38 38 - - - - - - - - 952 1,731 952 1,731
Direct Business - Onlinec - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
MISP (Direct) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Web Aggregators - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Insurance Marketing Firm - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Common Service Centers - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Micro Agents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Point of Sales (Direct) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Others - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total - - - - - - - - 227 566 360 1,142 587 1,708 4,275 6,816 10 25 271 479 4,556 7,320 - - 38 38 - - - - - - - - 5,181 9,066 5,181 9,066
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Commission and Rewards on (Excluding Reinsurance)
Business written :
- In India - - - - - - - - 227 566 360 1,142 587 1,708 4,275 6,816 10 25 271 479 4,556 7,320 - - 38 38 - - - - - - - - 5,181 9,066 5,181 9,066
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

COMMISSION PAID (NET) [PREVIOUS YEAR] (Amount in ₹ Lakhs)

Break-up of the expenses (Gross) incurred to procure business to be furnished as per details indicated below:
Individual Agents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Corporate Agents-Banks/FII/HFC - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Corporate Agents-Others - - - - - - - - 64 109 24 46 88 155 4 81 - - - - 4 81 - - - - - - - - - - - - 92 236 92 236
Insurance Brokers - - - - - - - - 44 76 7 13 51 89 844 1,542 9 20 1 2 854 1,564 - - - - - - - - - - - - 905 1,653 905 1,653
Direct Business - Onlinec - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
MISP (Direct) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Web Aggregators - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Insurance Marketing Firm - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Common Service Centers - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Micro Agents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Point of Sales (Direct) - - - - - - - - - (1) - (14) - (15) - - - - - - - - - - - - - - - - - - - - - (15) - (15)
Others - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total - - - - - - - - 108 184 31 45 139 229 848 1,623 9 20 1 2 858 1,645 - - - - - - - - - - - - 997 1,874 997 1,874
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Commission and Rewards on (Excluding Reinsurance)
Business written :
- In India - - - - - - - - 108 184 31 45 139 229 848 1,623 9 20 1 2 858 1,645 - - - - - - - - - - - - 997 1,874 997 1,874
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017

PERIODIC DISCLOSURES
FORM NL 7 - OPERATING EXPENSES SCHEDULE
OPERATING EXPENSES [CURRENT YEAR] (Amount in ₹ Lakhs)
Sr Particulars Fire Marine Miscellaneous Grand Total
No Marine Cargo Marine Hull Total Marine Motor OD Motor TP Total Motor Health Personal Accident Travel Insurance Total Health Workmen’s Public/ Product Liability Engineering Aviation Crop Insurance Other Miscellaneous Total Miscellaneous
Compensation/ segment
Employer’s Liability
For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Quarter quarter Sep- Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Sep- Quarter quarter Sep-
Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 23 Sep-23 Sep-23 Sep-23 23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 Sep-23 23 Sep-23 23 Sep-23 23
1 Employees’ remuneration & welfare benefits - - - - - - - - 408 670 693 1,156 1,101 1,826 1,824 3,165 14 30 77 164 1,915 3,359 - - 98 180 - - - - - - 72 129 3,186 5,494 3,186 5,494
2 Travel, conveyance and vehicle running expenses - - - - - - - - 6 10 11 17 17 27 28 48 0 0 1 2 29 50 - - 1 4 - - - - - - 2 2 49 83 49 83
3 Training expenses - - - - - - - - 0 1 1 2 1 3 3 5 0 0 0 0 3 5 - - 0 0 - - - - - - 0 0 4 8 4 8
4 Rents, rates & taxes - - - - - - - - 11 17 18 29 29 46 49 79 0 1 2 4 51 84 - - 3 4 - - - - - - 2 3 85 137 85 137
5 Repairs & maintenance - - - - - - - - 2 5 4 8 6 13 10 21 0 0 0 1 10 22 - - 0 1 - - - - - - 0 1 16 37 16 37
6 Printing & stationery - - - - - - - - 0 0 0 0 - - 1 2 0 0 0 0 1 2 - - 0 0 - - - - - - 0 0 1 2 1 2
7 Communication - - - - - - - - 3 9 4 15 7 24 11 41 0 0 0 2 11 43 - - 0 2 - - - - - - 0 2 18 71 18 71
8 Legal & professional charges - - - - - - - - 27 51 47 87 74 138 121 240 1 2 5 12 127 254 - - 6 14 - - - - - - 5 10 212 416 212 416
9 Auditors' fees, expenses etc
(a) as auditor - - - - - - - - 1 2 1 3 2 5 5 8 0 0 0 0 5 8 - - 0 0 - - - - - - 0 0 7 13 7 13
(b) as adviser or in any other capacity, in respect of - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(i) Taxation matters - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(ii) Insurance matters - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(iii) Management services; and - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(c) in any other capacity - - - - - - - - (0) 0 (1) 0 (1) - (3) 1 (0) 0 (0) 0 (3) 1 - - (0) 0 - - - - - - (0) 0 (4) 1 (4) 1
10 Advertisement and publicity - - - - - - - - 1,818 3,094 3,077 5,330 4,895 8,424 8,063 14,592 59 140 335 754 8,457 15,486 - - 430 830 - - - - - - 316 596 14,098 25,336 14,098 25,336
11 Interest & Bank Charges - - - - - - - - 13 23 22 39 35 62 57 107 0 1 2 6 59 114 - - 3 6 - - - - - - 2 4 99 186 99 186
12 Depreciation - - - - - - - - 13 24 22 41 35 65 57 111 0 1 2 6 59 118 - - 3 6 - - - - - - 3 5 100 194 100 194
13 Brand/Trade Mark usage fee/charges - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
14 Business Development and Sales Promotion Expenses - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
15 Information Technology Expenses - - - - - - - - 446 806 754 1,389 1,200 2,195 1,962 3,802 15 36 78 197 2,055 4,035 - - 104 216 - - - - - - 76 155 3,435 6,601 3,435 6,601
16 Goods and Services Tax (GST) - - - - - - - - 2 3 3 5 5 8 8 14 0 0 0 1 8 15 - - 0 1 - - - - - - 0 1 13 25 13 25
17 Others:
(a) Solatium fund - Expenses - - - - - - - - - - 12 22 12 22 - - - - - - - - - - - - - - - - - - - - 12 22 12 22
(b) Stamp Duty Expenses - - - - - - - - 1 1 1 2 2 3 2 4 0 0 0 0 2 4 - - 0 0 - - - - - - 0 0 4 7 4 7
(c) Office Administrative expenses - - - - - - - - 4 8 7 14 11 22 16 39 0 0 1 2 17 41 - - 1 4 - - - - - - 1 2 30 69 30 69
(d) Recruitment Charges - - - - - - - - 2 5 3 8 5 13 7 22 0 0 0 1 7 23 - - 0 1 - - - - - - 0 1 12 38 12 38
(e) Subscriptions - - - - - - - - 7 7 13 13 20 20 35 35 0 0 2 2 37 37 - - 2 2 - - - - - - 1 1 60 60 60 60
(f) Business Support Services - - - - - - - - 78 128 130 220 208 348 345 603 3 6 15 31 363 640 - - 19 34 - - - - - - 14 25 604 1,047 604 1,047
(g) Brand Usage Charges - - - - - - - - 29 53 49 92 78 145 129 251 1 2 5 13 135 266 - - 7 14 - - - - - - 5 10 225 435 225 435
(h) Foreign Exchange rate difference - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(i) Sale of Assets - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(h) Miscellaneous Expenses - - - - - - - - (1) 0 (2) 0 (3) - (8) 0 (0) (0) (0) 0 (8) - - - (0) 0 - - - - - - (0) (0) (11) - (11) -
Total - - - - - - - - 2,870 4,917 4,869 8,492 7,739 13,409 12,722 23,190 93 219 525 1,198 13,340 24,607 - - 677 1,319 - - - - - - 499 947 22,255 40,282 22,255 40,282

- In India - - - - - - - - 2,870 4,917 4,869 8,492 7,739 13,409 12,722 23,190 93 219 525 1,198 13,340 24,607 - - 677 1,319 - - - - - - 499 947 22,255 40,282 22,255 40,282
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

OPERATING EXPENSES [PREVIOUS YEAR] (Amount in ₹ Lakhs)

Sr Particulars Fire Marine Miscellaneous Grand Total
No Marine Cargo Marine Hull Total Marine Motor OD Motor TP Total Motor Health Personal Accident Travel Insurance Total Health Workmen’s Public/ Product Liability Engineering Aviation Crop Insurance Other Miscellaneous Total Miscellaneous
Compensation/ segment
Employer’s Liability
For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the For the Up to the
Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Quarter quarter Sep- Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Quarter quarter Quarter quarter Quarter quarter Sep- Quarter quarter Sep- Quarter quarter Sep-
Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 22 Sep-22 Sep-22 Sep-22 22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 Sep-22 22 Sep-22 22 Sep-22 22
1 Employees’ remuneration & welfare benefits - - - - - - - - 253 470 550 1,047 803 1,517 1,551 3,271 13 28 62 130 1,626 3,429 - - 145 246 - - - - - - 38 74 2,612 5,266 2,612 5,266
2 Travel, conveyance and vehicle running expenses - - - - - - - - 5 9 11 20 16 29 30 63 1 1 1 2 32 66 - - 3 5 - - - - - - 1 1 52 101 52 101
3 Training expenses - - - - - - - - 0 0 0 2 - 2 1 3 0 0 0 0 1 3 - - 0 0 - - - - - - 0 0 1 5 1 5
4 Rents, rates & taxes - - - - - - - - 4 9 9 20 13 29 23 63 0 1 1 3 24 67 - - 2 5 - - - - - - 1 1 40 102 40 102
5 Repairs & maintenance - - - - - - - - 3 5 7 9 10 14 21 29 0 0 1 1 22 30 - - 2 2 - - - - - - 1 1 35 47 35 47
6 Printing & stationery - - - - - - - - 0 0 0 0 - - 1 1 0 0 0 0 1 1 - - 0 0 - - - - - - 0 0 1 1 1 1
7 Communication - - - - - - - - 3 5 4 10 7 15 11 32 0 0 0 1 11 33 - - 1 2 - - - - - - 0 1 19 51 19 51
8 Legal & professional charges - - - - - - - - 10 17 21 38 31 55 61 118 1 1 2 5 64 124 - - 6 9 - - - - - - 1 3 102 191 102 191
9 Auditors' fees, expenses etc
(a) as auditor - - - - - - - - 2 1 1 3 3 4 4 8 0 0 0 0 4 8 - - 0 1 - - - - - - 0 0 7 13 7 13
(b) as adviser or in any other capacity, in respect of - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(i) Taxation matters - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(ii) Insurance matters - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(iii) Management services; and - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
(c) in any other capacity - - - - - - - - 0 0 0 0 - - 0 1 0 0 0 0 - 1 - - 0 0 - - - - - - 0 0 - 1 - 1
10 Advertisement and publicity - - - - - - - - 1,227 2,258 2,662 5,030 3,889 7,288 7,526 15,726 66 132 299 626 7,891 16,484 - - 702 1,181 - - - - - - 188 355 12,670 25,308 12,670 25,308
11 Interest & Bank Charges - - - - - - - - 10 16 20 35 30 51 57 108 0 1 2 4 59 113 - - 5 8 - - - - - - 1 2 95 174 95 174
12 Depreciation - - - - - - - - 6 11 14 25 20 36 38 79 0 1 2 3 40 83 - - 4 6 - - - - - - 1 3 65 128 65 128
13 Brand/Trade Mark usage fee/charges - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
14 Business Development and Sales Promotion Expenses - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
15 Information Technology Expenses - - - - - - - - 83 161 180 359 263 520 502 1,123 5 10 20 45 527 1,178 - - 48 84 - - - - - - 13 25 851 1,807 851 1,807
16 Goods and Services Tax (GST) - - - - - - - - 0 0 0 0 - - 1 1 0 0 0 0 1 1 - - 0 0 - - - - - - 0 0 1 1 1 1
17 Others:
(a) Solatium fund - Expenses - - - - - - - - - - 20 20 20 20 - - - - - - - - - - - - - - - - - - - - 20 20 20 20
(b) Stamp Duty Expenses - - - - - - - - 0 1 1 2 1 3 3 5 0 0 0 0 3 5 - - 0 0 - - - - - - 0 0 4 8 4 8
(c) Office Administrative expenses - - - - - - - - 1 2 2 6 3 8 7 17 0 0 0 1 7 18 - - 1 1 - - - - - - 0 0 11 27 11 27
(d) Recruitment Charges - - - - - - - - 4 6 9 13 13 19 26 39 0 0 1 2 27 41 - - 2 3 - - - - - - 1 1 43 64 43 64
(e) Subscriptions - - - - - - - - 1 2 2 5 3 7 7 16 0 0 0 1 7 17 - - 1 1 - - - - - - 0 0 11 25 11 25
(f) Business Support Services - - - - - - - - 36 59 79 131 115 190 230 411 2 3 9 16 241 430 - - 20 32 - - - - - - 6 9 382 661 382 661
(g) Miscellaneous Expenses - - - - - - - - 1 2 2 5 3 7 7 14 0 0 0 1 7 15 - - 1 1 - - - - - - 0 0 11 23 11 23
Total - - - - - - - - 1,649 3,034 3,594 6,780 5,243 9,814 10,107 21,128 88 178 400 841 10,595 22,147 - - 943 1,587 - - - - - - 252 476 17,033 34,024 17,033 34,024

- In India - - - - - - - - 1,649 3,034 3,594 6,780 5,243 9,814 10,107 21,128 88 178 400 841 10,595 22,147 - - 943 1,587 - - - - - - 252 476 17,033 34,024 17,033 34,024
- Outside India - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 8 - SHARE CAPITAL SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Authorised Capital
2500000000 Equity Shares of ₹ 10 each 250,000 250,000
(Previous period : 2500000000 Equity Shares of ₹ 10 each)
2 Issued Capital
2446000000 Equity Shares of ₹ 10 each 244,600 214,600
(Previous period : 2146000000 Equity Shares of ₹ 10 each)
3 Subscribed Capital
2446000000 Equity Shares of ₹ 10 each 244,600 214,600
(Previous period : 2146000000 Equity Shares of ₹ 10 each)
4 Called up Capital
2446000000 Equity Shares of ₹ 10 each 244,600 214,600
(Previous period : 2146000000 Equity Shares of ₹ 10 each)
Less: Calls unpaid
Add: Equity Shares forfeited (amount orginally paid up) - -
Less: Par Value of Equity Shares bought back - -
Less: Preliminary Expenses - -
Expenses including commission or brokerage on - -
underwriting or subscription of shares - -
Preference Shares - -
5 Paid-up Capital
2446000000 Equity Shares of ₹ 10 each 244,600 214,600
(Previous period : 2146000000 Equity Shares of ₹ 10 each)
Preference Shares - -
Total 244,600 214,600
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 9 - PATTERN OF SHAREHOLDING SCHEDULE

Sr. No Particulars As at 30th September, 2023 As at 30th September, 2022

Number of % of Number of % of
Shares Holding Shares Holding
1 Promoters
a) Indian
- Acko Technologies & Services Private Limited 2,446,000,000 100 2,146,000,000 100
b) Foreign - - - -
2 Investors
a) Indian
b) Foreign - - - -
3 Others - - - -
Total 2,446,000,000 100 2,146,000,000 100.00
FORM NL-9A-SHAREHOLDING PATTERN SCHEDULE ANNEXURE A

DETAILS OF EQUITY HOLDING OF INSURERS

PART A:

PARTICULARS OF THE SHREHOLDING PATTERN OF THE ACKO GENERAL INSURANCE LIMITED

INSURANCE COMPANY, AS AT QUARTER ENDED SEPTEMBER 30, 2023

Sl. No. Category No. of No. of shares held % of Paid up equity (Rs. In Shares pledged or Shares under Lock in
Investors share- lakhs) otherwise encumbered Period
holdings

(I) (II) (III) (IV) (V) Number As a Number As a

of shares percentage of percentage of
(VI) of Total shares Total Shares
Shares held (VIII) held (IX) =
(VII) = (VIII)/(III)*10
(VI)/(III)*10 0
0
A Promoters & Promoters Group

A.1 Indian Promoters

i) Individuals/HUF (Names of major shareholders): - - - - - - -

(i)
(ii)
(iii)

ii) Bodies Corporate:

(i)Acko Technology & Services Private Limited 2,446,000,000 100 244,600 - - - -
(ii)
(iii)

iii) Financial Institutions/ Banks - - - - - - -

iv) Central Government/ State Government(s) / - - - - - - -

President of India

v) Persons acting in concert (Please specify) - - - - - - -

Page 1 of 7
vi) Any other (Please specify) - - - - - - -

A.2 Foreign Promoters

i) Individuals (Name of major shareholders): - - - - - - -

(i)
(ii)
(iii)

ii) Bodies Corporate: - - - - - - -

(i)
(ii)
(iii)

iii) Any other (Please specify) - - - - - - -

B. Non Promoters

B.1 Public Shareholders - - - - - - -

1.1) Institutions
i) Mutual Funds
ii) Foreign Portfolio Investors
iii) Financial Institutions/Banks
iv) Insurance Companies
v) FII belonging to Foreign promoter
vi) FII belonging to Foreign Promoter of Indian
Promoter
vii) Provident Fund/Pension Fund
viii) Alternative Investment Fund
ix) Any other (Please specify)

1.2) Central Government/ State Government(s)/ - - - - - - -

President of India

1.3) Non-Institutions - - - - - - -
i) Individual share capital upto Rs. 2 Lacs
ii) Indivudal share capital in excess of Rs. 2 Lacs

iii) NBFCs registered with RBI

iv) Others:

Page 2 of 7
- Trusts
- Non Resident Indian
- Clearing Members
- Non Resident Indian Non Repartriable

- Bodies Corporate
- IEPF
v) Any other (Please Specify)

B.2 Non Public Shareholders - - - - - - -

2.1) Custodian/DR Holder
2.2) Employee Benefit Trust
2.3) Any other (Please specify)

Total 2,446,000,000 100 244,600 - - - -

Foot Notes:
(a) All holdings, above 1% of the paid up equity, have to be separately disclosed.
(b) Indian Promoters - As defined under Regulation 2(1)(g) of the Insurance Regulatory and Development Authority
(Registration of Indian Insurance Companies) Regulations, 2000
(c) Where a company is listed, the column "Shares pledged or otherwise encumbered" shall not be applicable to
"Non Promoters" category

PARTICULARS OF THE SHAREHOLDING PATTERN IN THE INDIAN PROMOTER COMPANY(S) / INDIAN INVESTOR(S) AS INDICATED AT (A) ABOVE

PART B:

Name of the Indian Promoter / Indian Investor:

Acko Technology & Services Private Limited

(Please repeat the tabulation in case of more than one Indian Promoter / Indian Investor)

Sl. No. Category No. of No. of shares held % of Paid up equity (Rs. In Shares pledged or Shares under Lock in
Investors share- lakhs) otherwise encumbered Period
holdings
(I) (II) (III) (IV) (V) Number As a Number As a
of shares percentage of percentage of
(VI) of Total shares Total Shares
Shares held (VIII) held (IX) =
(VII) = (VIII)/(III)*10
(VI)/(III)*10 0
0
A Promoters & Promoters Group

Page 3 of 7
A.1 Indian Promoters - - - - - - -

i) Individuals/HUF (Names of major shareholders):

(i)
(ii)
(iii)

ii) Bodies Corporate:

(i)
(ii)
(iii)

iii) Financial Institutions/ Banks

iv) Central Government/ State Government(s) /

President of India

v) Persons acting in concert (Please specify)

vi) Any other (Please specify)

A.2 Foreign Promoters - - - - - - -

i) Individuals (Name of major shareholders):

(i)
(ii)
(iii)

ii) Bodies Corporate:

(i)
(ii)
(iii)

Page 4 of 7
iii) Any other (Please specify)

B. Non Promoters

B.1 Public Shareholders

1.1) Institutions
i) Mutual Funds
ii) Foreign Portfolio Investors
iii) Financial Institutions/Banks
iv) Insurance Companies
v) FII belonging to Foreign promoter of Indian
Promoter (e)
vi) FII belonging to Foreign promoter of Indian
Promoter (e)
vii) Provident Fund/Pension Fund
viii) Alternative Investment Fund
a. Ascent Private Equity Trust^ 1 4517000 3.35 11,475.42 - - - -
b. Ventureast Proactive Fund II^ 1 1331430 0.99 3595.18 - - - -
c. Baring Private Equity India AIF^ 1 1335000 0.99 3373.70 - - - -
d. Multiples Private Equity Fund III^ 1 7053719 5.23 37961.17 - - - -
ix) Any other (Please specify)
a. Amazon.Com NV Investment Holdings LLC^* 1 5204000 3.86 10,491.47 - - - -

b. RPS Ventures I L.P.^* 1 1787000 1.33 4549.90 - - - -

c. Intact Ventures Inc.^* 1 6360781 4.72 23,830.91 - - - -
d. RPS Sidecar Fund I L.P. ^* 1 950000 0.70 2850.13 - - - -
e. Munich Re Fund I L.P. ^* 1 5423086 4.02 18,594.23 - - - -
f. TI JPNIN India Holdco Ltd ^* 1 760000 0.56 2250.21 - - - -
g. Accel India IV (Mauritius) Ltd.^* 1 1055000 0.78 10.55 - - - -
h. Accel India V (Mauritius) Ltd.^* 1 11543000 8.56 7257.12 - - - -
i. SAIF India Partners IV Limited^* 1 8877000 6.58 5122.95 - - - -
j. Highscale Ventures Classic Fund LLC^* 1 2223000 1.65 22.23 - - - -
(Formerly known as Transamerica Ventures
Fund LLC)
k. Techpro Ventures LLP^ 1 2256260 1.67 22.56 - - - -
l.General Atlantic Singapore ACK Pte. Ltd.^* 1 24630582 18.27 129941.29 - - - -
m.Lightspeed Venture Partners Select IV 1 7325652 5.43 40325.31 - - - -
Mauritius^*
n.CPP Investment Board Private Holdings (4) 1 7053719 5.23 38164.06 - - - -
Inc.^*
o.Three State Capital Pte. Ltd^* 1 4556000 3.38 11600.08 - - - -

Page 5 of 7
1.2) Central Government/ State Government(s)/ - - - - - - - -
President of India

1.3) Non-Institutions
i) a. Venkatram Krishnan^ 1 151000 0.11 1.51 - - - -
b. Subba Rao Telidevara^ 1 51000 0.04 0.51 - - - -
ii) Individual share capital in excess of Rs. 2 Lacs

a. Varun Dua 1 5441557 4.04 54.42 - - - -

b. Ashish Dhawan^ 1 1780000 1.32 2194.90 - - - -
d. Rajeev Gupta^ 1 1238000 0.92 12.38 - - - -
e. Sunil Mehta 1 220000 0.16 2.20 - - - -
iii) NBFCs registered with RBI
iv) Others:
- Trusts
a. Alka DP Family Trust^ 1 200000 0.15 509.22 - - - -
b. Alka PN Family Trust^ 1 200000 0.15 509.22 - - - -
c. Hober Mallow Trust, acting through its trustee Catamaran1 Advisors LLP^
3119000 2.31 2220.59 - - - -
d. RA Trust represented by its trustee Aditya Agarwal^ 1 253000 0.19 759.04 - - - -
f. FPGA Family Foundation, represented by its trustee Binarystar
1 Holdings
2710000
LLP^ 2.01 6874.60 - - - -
- Non Resident Indian - - - - - - - -
- Clearing Members - - - - - - - -
- Non Resident Indian Non Repartriable
a. Binny Bansal^ 1 4124000 3.06 10500.16 - - - -
- Bodies Corporate - - - - - - - -
- IEPF - - - - - - - -
v) Any other (Please Specify) - - - - - - - -

B.2 Non Public Shareholders

2.1) Custodian/DR Holder
2.2) Employee Benefit Trust
ATSPL Employees and other Shareholders Welfare Trust, acting
1 through
11094140
its Trustees, Vistra
8.23 ITCL (India) Limited
110.94 - - - -
2.3) Any other (Please specify)

Total 32 134823926 100 375,188.16 - - -

Foot Notes:
(a) At A.1 and A.2 of part B above, the names of individuals and bodies corporate must be specifically and separately
mentioned.
(b). Insurers are required to highlight the categories which fall within the purview of Regulation 11(1)(ii) of the Insurance
Regulatory and Development Authority (Registration of Indian Insurance Companies) Regulations, 2000.
(c) Details of investors (excluding employees holding under ESOP) have to be provided where the insurance company is
unlisted.

Page 6 of 7
(d) Details of Indian investors, singly and jointly holding more than 1%, have to be provided where the insurance company
is listed.

( e) Please specify the names of the FIIS, indicating those FIIS which belong to the Group of the Joint Venture partner /
foreign investor of the Indian insurance company.

(f) Please specify the names of the OCBs, indicating those OCBs which belong to the Group of the Joint Venture partner /
foreign investor of the Indian insurance company.

# Please specify the names of FIIs, indicating those FIIs which belong to the Group of the Joint Venture partner/foreign investor of the Indian insurance company
$ Please specify the names of the OCBs, indicating those OCBs which belong to the Group of the Joint Venture Partner/forign investor of the Indian Insurance company
* All Entities are foreign shareholders of Indian Promoter (Acko Technology & Services Private Limited)
^ All CCPS taken into account asssuming full conversion into equity shares
26684 convertible warrants had been issued on a non repatriable basis on 21 July 2023.
The warrant holder may have the option to exercise the warrants within 90 days upon expiry of 12 months from the date of issuance otherwise the same shall lapse.

Page 7 of 7
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 10 - RESERVES AND SURPLUS SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Capital Reserve - -
2 Capital Redemption Reserve - -
3 Share Premium - -
4 General Reserve - -
Less: Amount utilized for Buy-back - -
Less: Amount utilized for issue of Bonus shares - -
5 Catastrophe Reserve - -
6 Other Reserves - -
-Share Based Payment Reserve - -
Balance at the begning of the year 3,403 918
Addition during the period 1,109 1,021
4,512 1,939
7 Balance of Profit/(Loss) in Profit and Loss Account - -
Total 4,512 1,939
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 11 - BORROWINGS SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Debentures/Bonds - -
2 Banks - -
3 Financial Institutions - -
4 Others - -
Total - -

Disclosure For Secured Borrowings:

(Amount in ₹ Lakhs)
Sr. No Source / Instrument Amount Borrowed Amount Of Nature Of
Security Security

- - - -
- - - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 12 & 12A - INVESTMENT SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars Shareholders (NL 12) Policyholders (NL 12A) Total
As at 30th As at 30th As at 30th As at 30th As at 30th As at 30th
September, 2023 September, 2022 September, 2023 September, 2022 September, 2023 September, 2022

(A) LONG TERM INVESTMENTS :

1 Govt Securities, Govt guaranteed Bonds incl Treasury Bills 31,906 41,361 53,238 38,096 85,144 79,457
2 Other Approved Securities - - - - - -
3 Other Investments - - - - - -
(a) Shares - - - - - -
(i) Equity Shares - - - - - -
(ii) Preference Shares - - - - - -
(b) Mutual Funds - - - - - -
(c) Derivative Instruments - - - - - -
(d) Debenture /Bonds 24,716 19,814 41,240 18,250 65,956 38,064
(e) Other Securities (FDs, CDs & CPs) 412 - 688 - 1,100 -
(f) Subsidiaries - - - - - -
(g) Investment Properties-Real Estate - - - - - -
4 Investments in Infrastructure and Housing 13,521 28,035 22,559 25,822 36,080 53,858
5 Other than approved investments - - - - - -
Total 70,555 89,210 117,725 82,168 188,280 171,378
(B) SHORT TERM INVESTMENTS :
1 Govt Securities, Govt guaranteed Bonds incl. Treasury Bills 2,101 5,814 3,506 5,355 5,607 11,169
2 Other Approved Securities - - - - - -
3 Other Investments - - - - - -
(a) Shares - - - - - -
(i) Equity Shares - - - - - -
(ii) Preference Shares - - - - - -
(b) Mutual Funds 2,834 4,001 4,729 3,685 7,563 7,686
(c) Derivative Instruments - - - - - -
(d) Debenture /Bonds 1,229 53 2,051 49 3,280 102
(e) Other Securities (FDs, CDs & CPs) 8,552 4,466 14,269 4,113 22,821 8,579
(f) Subsidiaries - - - - - -
(g) Investment Properties-Real Estate - - - - - -
4 Investments in Infrastructure and Housing 5,271 2,949 8,795 2,717 14,066 5,666
5 Other than approved investments - - - - - -
Total 19,987 17,283 33,350 15,919 53,337 33,202
Grand Total 90,542 106,493 151,075 98,087 241,617 204,580

Annexure A) Aggregate value of Investments other than Listed Equity Securities and Derivative Instruments
(Amount in ₹ Lakhs)
Sr. No Particulars Shareholders (NL 12) Policyholders (NL 12A) Total
As at 30th As at 30th As at 30th As at 30th As at 30th As at 30th
September, 2023 September, 2022 September, 2023 September, 2022 September, 2023 September, 2022

1 Long Term Investments :

Book Value 70,555 89,210 117,725 82,168 188,280 171,378
market Value 70,012 87,793 116,820 80,863 186,832 168,656
2 Short Term Investments :
Book Value 19,987 17,283 33,350 15,919 53,337 33,202
market Value 19,875 17,257 33,163 15,895 53,038 33,152
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 13 - LOANS SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Security wise Classification

Secured
(a) On mortgage of property - -
(aa) In India - -
(bb) Outside india - -
(b) On shares, Bonds, Govt Securities - -
(c ) Others - -
Unsecured - -
Total - -
2 Borrowerwise Classification
(a) Central and State Governments - -
(b) Banks and Financial Institutions - -
(c ) Subsidiaries - -
(d) Industrial Undertakings - -
(e) Companies
(f) Others - -
Total - -
3 Performancewise Classification
(a) Loans classified as standard
(aa) in India - -
(bb) outside India - -
(b) Non performing loans less provisions
(aa) in India - -
(bb) outside India - -
Total - -
4 Maturitywise Classification
(a) Short Term - -
(b) Long Term - -
Total - -

Provisions against Non-performing Loans:

(Amount in ₹ Lakhs)
Sr. No Non-Performing Loans Loan Amount Provision
1 Sub-standard - -
2 Doubtful - -
3 Loss - -
Total - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 14 - FIXED ASSETS SCHEDULE
[CURRENT YEAR] (Amount in ₹ Lakhs)
As at 30th September, 2023
Cost / Gross Block Depreciation Net Block
Opening Additions Deductions Closing Up to Last For the On Sales/ To Date As at 30th As at 31st
Sr. No. Particulars
Year period Adjustments September, March, 2023
2023

1 Goodwill - - - - - - - - - -
2 Intangibles: - - - - - - - - - -
- Computer Software 864 - - 864 864 - - 864 - -
3 Land - Freehold - - - - - - - - - -
4 Leasehold Improvements 2 - - 2 2 - - 2 - -
5 Buildings - - - - - - - - - -
6 Furniture & Fittings 10 2 - 12 10 0 - 10 2 -
7 Information Technology Equipment 1,222 156 95 1,283 557 182 94 645 638 665
8 Vehicles - - - - - - - - - -
9 Office Equipment 41 81 - 122 35 11 - 46 76 6
10 Others - - - - - - - - - -
Total 2,139 239 95 2,283 1,468 193 94 1,567 716 671
Work In Progress - - - - - - - - - -
Grand Total 2,139 239 95 2,283 1,468 193 94 1,567 716 671
Previous Period Total 1,581 260 1 1,840 1,196 128 1 1,323 517 385
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 15 - CASH AND BANK BALANCE SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Cash (including cheques, drafts and stamps) 7 12

2 Bank Balances - -
(a) Deposit Accounts - -
(aa) Short term (due within 12 months) - -
(bb) Others - -
(b) Current Accounts 1,599 1,203
(c ) Others - -
3 Money at call & short notice - -
With banks - -
With other institutions - -
4 Others (Wallet Balance) 529 192
Total 2,135 1,407

Balances with non-scheduled banks included in 2 and 3 above - -

Cash & Bank Balances

- In India 2,135 1,407
- Outside India - -

Cheques on hand amount to Rs. NIL (in Lakh) Previous Year : Rs. NIL (in Lakh)
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 16 - ADVANCES & OTHER ASSETS SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

(A) ADVANCES
1 Reserve Deposit with ceding Companies - -
2 Application Money for Investments - -
3 Prepayments 331 231
4 Advance to Directors / Officers - -
5 Advance Tax Paid and Tax Deducted at source (Net of provision 155 96
for taxation)
6 Others:
(a) Security Deposits 538 197
(b) GST input balance recoverable (net) 1,118 -
(c) Other Advances 139 1,791
Total (A) 2,281 2,315
(B) OTHER ASSETS
1 Income accrued on investments 5,884 4,248
2 Outstanding Premiums 554 203
Less : Provisions for doubtful
3 Agents' balances - -
4 Foreign Agencies Balances - -
5 Due from entities carrying on insurance business (including 11 2,189
reinsurers)
Less : Provisions for doubtful
6 Due from Subsidiaries/ Holdings - -
7 Investments held for Unclaimed Amount of Policyholders 20 -
8 Others
(a) Unsettled investment contract receivable - 7,102
(b) Other recoverable 343 290
Total (B) 6,812 14,032
Total (A) + (B) 9,093 16,347
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 17 - CURRENT LIABILITIES SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Agents’ Balances 3,636 726

2 Balances due to other insurance companies 14,542 9,889
3 Deposits held on reinsurances ceded - -
4 Premiums received in advance
(a) For Long term policies 7,112 3,411
(b) for Other Policies 1,717 1,176
5 Unallocated premium 4,639 6,421
6 Sundry Creditors 14,451 8,087
7 Due to subsidiaries/holding company 149 7
8 Claims outstanding 46,714 35,096
9 Due to Officers / Directors - -
10 Unclaimed Amount of policyholders 0 0
11 Income accrued on Unclaimed amounts - -
12 Interest payable on debentures/bonds - -
13 GST Liabilities 24 149
14 Others:
(a) Statutory Dues Payable 509 528
(b) Due to Solatium fund 141 95
(c) Unsettled investment contract payable - 4,764
Total 93,634 70,349

Details of unclaimed amounts and Investment Income thereon

(Annual Disclosure at the end of the Financial Year)
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Opening Balance 11 -
2 Add: Amount transferred to unclaimed amount 3 0
Add: Cheques issued out of the unclaimed amount but not
3 encashed by the policyholders (To be included only when the - -
cheques are stale)
4 Add: Investment Income - -
5 Less: Amount paid during the year 14 -
6 Less: Transferred to SCWF - -
7 Closing Balance of Unclaimed Amount - 0
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 18 - PROVISIONS SCHEDULE
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Reserve for Unexpired Risk 73,086 43,625

2 Reserve for Premium Deficiency - -
3
For Taxation (less advance tax paid and taxes deducted at source) - -
4 For Employee Benefits 1,424 1,495
5 Others - -
Total 74,510 45,120
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017
PERIODIC DISCLOSURES
FORM NL 19 -MISC EXPENDITURE SCHEDULE
(To the extent not written off or adjusted)
(Amount in ₹ Lakhs)
Sr. No Particulars As at 30th As at 30th
September, 2023 September, 2022

1 Discount allowed in issue of shares/debentures - -

2 Others - -
Total - -
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017

PERIODIC DISCLOSURES
FORM NL-20 - ANALYTICAL RATIO

For the Quarter Up to the For the Quarter Up to the

S.No. Particular
Sep-23 quarter Sep-23 Sep-22 quarter Sep-22
1 Gross Premium Growth Rate 16.23% 23.31% 58.70% 70.28%
2 Gross Premium to Networth Ratio 0.53 1.02 0.36 0.66
3 Growth rate of Net Worth (20.49%) (20.49%) 426.05% 426.05%
4 Net Retention Ratio 82.91% 82.60% 75.75% 75.97%
5 Net Commission Ratio 11.42% 10.20% 1.39% 0.62%
6 Expense of Management to Gross Direct Premium Ratio 60.86% 56.68% 46.48% 50.84%
7 Expense of Management to Net Written Premium 70.96% 66.21% 59.36% 64.05%
8 Net Incurred Claims to Net Earned premium 69.58% 71.67% 100.76% 87.32%
9 Claims paid to claims provisions 13.07% 18.02% 21.58% 22.38%
10 Combined ratio 140.54% 137.88% 160.12% 151.37%
11 Investment income ratio 7.09% 7.53% 6.93% 6.44%
12 Technical Reserves to Net Premium Ratio 3.21 1.67 2.68 1.47
13 Underwriting Balance Ratio (0.62) (0.57) (0.86) (0.82)
14 Operating Profit Ratio 27.94% (6.14%) (78.39%) (75.03%)
15 Liquid Assets to Liabilities Ratio 0.37 0.37 0.35 0.35
16 Net Earning Ratio (36.64%) (32.96%) (47.87%) (45.22%)
17 Return on Net Worth Ratio (16.04%) (27.76%) (13.10%) (22.59%)
Available Solvency Margin Ratio to Required Solvency
18 2.77 2.77 4.55 4.55
Margin Ratio
19 NPA Ratio
Gross NPA Ratio NA NA NA NA
Net NPA Ratio NA NA NA NA
20 Debt Equity Ratio NA NA NA NA
21 Debt Service Coverage Ratio NA NA NA NA
22 Interest Service Coverage Ratio NA NA NA NA
23 Earnings per share (0.61) (1.06) (0.76) (1.31)
24 Book value per share 3.49 3.49 5.00 5.00

Segmental Reporting up to the quarter

Expense of Expense of Net Incurred
Gross Direct Net Claims paid to Technical
Segments Net Retention Management to Management to Claims to Net Underwriting
Premium Commission claims Combined Ratio Reserves to net
Upto the quarter ended on 30th September, 2023 Ratio Gross Direct Net Written Earned balance ratio
Growth Rate Ratio provisions premium ratio
Premium Ratio Premium Ratio Premium
Fire
Current Period NA NA NA NA NA NA 0.00% NA - -
Previous Period -100.00% NA NA NA 0.00% 0.00% 0.00% 0.00% - -
Marine Cargo
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Marine Hull
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Total Marine
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Motor OD
Current Period 39.16% 70.25% 0.61% 43.86% 56.60% 123.10% 64.61% 179.70% 1.30 (0.92)
Previous Period 52.34% 53.26% -5.56% 35.82% 57.85% 114.23% 82.04% 172.07% 1.28 (1.03)
Motor TP
Current Period 8.86% 70.09% 2.29% 44.63% 58.42% 68.39% 5.89% 126.81% 3.62 (0.33)
Previous Period 35.55% 53.79% -6.13% 34.42% 57.44% 68.26% 7.31% 125.70% 3.41 (0.52)
Total Motor
Current Period 18.31% 70.15% 1.68% 44.35% 57.75% 87.13% 9.19% 144.88% 2.77 (0.53)
Previous Period 40.37% 53.62% -5.95% 34.86% 57.57% 82.06% 10.24% 139.62% 2.75 (0.67)
Health
Current Period 24.23% 96.00% 16.03% 69.54% 72.02% 63.41% 65.91% 135.43% 1.12 (0.62)
Previous Period 102.11% 95.96% 4.45% 65.51% 67.84% 95.75% 73.51% 163.59% 0.94 (0.94)
Personal Accident
Current Period 36.18% 94.77% 5.88% 59.14% 61.89% 68.09% 65.12% 129.99% 1.38 (0.41)
Previous Period -11.79% 92.42% 6.79% 65.35% 70.36% 36.84% 13.07% 107.20% 1.27 (0.13)
Travel Insurance
Current Period 57.31% 94.29% 21.95% 73.85% 77.91% 9.74% 22.42% 87.64% 0.18 0.12
Previous Period 22.22% 91.86% -0.30% 58.40% 63.12% 20.77% 10.26% 83.89% 0.28 0.16
Total Health
Current Period 25.64% 95.90% 16.23% 69.66% 72.21% 59.96% 63.53% 132.17% 1.08 (0.57)
Previous Period 94.98% 95.77% 4.29% 65.22% 67.68% 91.10% 68.82% 158.79% 0.92 (0.88)
Workmen’s Compensation/ Employer’s liability
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Public/ Product Liability
Current Period 19.17% 48.98% -5.77% 28.20% 50.19% 101.28% 60.72% 151.47% 1.86 (1.02)
Previous Period 84.82% 61.99% -7.43% 39.30% 55.97% 49.02% 38.08% 104.99% 1.36 (0.84)
Engineering
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Aviation
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Crop Insurance
Current Period NA NA NA NA NA NA NA NA NA NA
Previous Period NA NA NA NA NA NA NA NA NA NA
Other Miscellaneous
Current Period 82.64% 72.35% -3.84% 40.49% 52.13% 92.13% 33.16% 144.26% 1.08 (0.70)
Previous Period 2715.13% 58.73% -7.98% 37.17% 55.32% 91.93% 74.07% 147.24% 0.98 (1.03)
Total Miscellaneous
Current Period 23.31% 82.60% 10.20% 56.68% 66.21% 71.67% 33.16% 137.88% 1.67 (0.57)
Previous Period 70.29% 75.97% 0.62% 50.84% 64.05% 87.32% 74.07% 151.37% 1.47 (0.82)
Total-Current Period 23.31% 82.60% 10.20% 56.68% 66.21% 71.67% 18.02% 137.88% 1.67 (0.57)
Total-Previous Period 70.28% 75.97% 0.62% 50.84% 64.05% 87.32% 22.38% 151.37% 1.47 (0.82)
ACKO GENERAL INSURANCE LIMITED
Registration No. 157 dated September 18, 2017

PERIODIC DISCLOSURES
FORM NL 21 - RELATED PARTY

PART-A RELATED PARTY TRANSACTIONS

(Amount in ₹ Lakhs)
S.No. Name of the Related Nature of Relationship with Description of Transactions / Consideration paid / received*
Party the Company Categories For the Up to the For the Up to the
Quarter Sep- quarter Sep- Quarter Sep- quarter Sep-
23 23 22 22
1 Acko Technology and Holding Company Subscription received for additional
30,000 30,000 - 100,000
Services Pvt Ltd share capital
Premium received 109 229 474 694
Claims paid 267 556 547 994
Payment for technology support
2,480 4,789 231 461
services / Brand usage fee
Assistance in operation 151 312 - -
2 Coverfox Insurance Private company in which Commission towards broking services -
29 38 66 111
Broking Private Limited director is a shareholder
3 Key Management
Personnel :
(a) Mr. Varun Dua Managing Director & CEO
(upto 10th Nov., 2022)
(b) Mr. Sanjeev Srinivasan Managing Director & CEO Salary Bonus and Other Allowances 189 463 205 431
(c) Mr. Rohin Vig Chief Financial Officer Premium Recevied - - 2 2
(d) Mr. Biresh Giri Appointed Actuary Claims Paid - - - -
(e) Mr. Virendra Agarwal Chief Risk Officer (upto 26th
Sep., 2022)
(f) Mr. Ketul Patel Chief Risk Officer
(g) Mr. Manish Thakur Chief Investment Officer
(h) Mr. Animesh Das Chief Underwriting Officer
(i) Ms. Karishma Desai Chief Compliance Officer &
Company Secretary
(j) Mr. Naseem Halder Chief Technology Officer
from 1st June, 2022 to 3rd
July, 2023

PART-B RELATED PARTY TRANSACTION BALANCES - AS AT THE END OF THE QUARTER 30TH SEPTEMBER, 2023
(Amount in ₹ Lakhs)
S.No. Name of the Related Nature of Relationship with Amount of Outstanding Balances Whether Whether Details of any Balance Expenses
Party the Company including Commitments Payable / Secured? Guarantees under recognised up
Receivable If so, given Provision for to the
Nature of or doubtful quarter end
consideration received debts during the
to be relating to year in
provided at the respect of
the time of outstanding bad or
settlement balance dobutful
receivable debts due
from the
related party

1 Acko Technology and Holding Company 427 Payable No No NIL NIL

Services Pvt Ltd
2 Coverfox Insurance Private company in which 33 Payable No No NIL NIL
Broking Private Limited director is a shareholder
FORM NL-23 - SOLVENCY MARGIN (FORM IRDAI-GI-TA)

STATEMENT OF ADMISSIBLE ASSETS :

As at September 30, 2023

Name of Insurer: Acko General Insurance Limited

Registration Number: 157
Date of Registration: September 18, 2017
Classification: Business within India / Total Business
(All amounts in Rupees of Lakhs)
Item Policyholders Shareholders
Particulars Total
No. A/c. A/c.
Investments:
Shareholders as per NL-12 of BS - 90,542 90,542
Policyholders as per NL-12 A of BS 151,075 - 151,075
(A) Total Investments as per BS 151,075 90,542 241,616
(B) Inadmissible Investment assets as per Clause (1) of Schedule I of regulation - - -
(C) Fixed assets as per BS - 716 716
(D) Inadmissible Fixed assets as per Clause (1) of Schedule I of regulation - 2 2
Current Assets: -
(E) Cash & Bank Balances as per BS - 2,135 2,135
(F) Advances and Other assets as per BS 565 8,508 9,073
(G) Total Current Assets as per BS...(E)+(F) 565 10,643 11,208
(H) Inadmissible current assets as per Clause (1) of Schedule I of regulation 52 929 981
(I) Loans as per BS - - -
(J) Fair value change account subject to minimum of zero 25 15 39
Total Assets as per BS (excl. current liabilities and
(K) provisions)…(A)+(C)+(G)+(I) 151,640 101,900 253,540
(L) Total Inadmissible assets…(B)+(D)+(H)+(J) 77 945 1,022
Total Admissible assets for Solvency (excl. current liabilities and
(M) provisions)…(K)-(L) 151,563 100,955 252,518
(All amounts in Rupees of Lakhs)
Item Policyholders Shareholders
Inadmissible Investment assets (Item wise Details) Total
No. A/c. A/c.
Inadmissible Investment assets as per Clause (1) of Schedule I of regulation
Inadmissible Fixed assets
(a) Leasehold Improvements - -
(b) Furniture & Fittings 2 2
(c )
………………….
Inadmissible current assets
(a) Agents’ and Intermediaries’ balances and outstanding premiums in India, to
the extent they are not
realized within a period of thirty days 52 - 52
(b) Unutilised GST credit for more than 90 days - 929 929
(c )
………………….

Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time.
FORM NL-24 - SOLVENCY MARGIN (FORM IRDAI-GI-TR)

STATEMENT OF LIABILITIES :
As at September 30, 2023
(All amounts in Rupees of Lakhs)
Current Year
Gross
Item No. Reserve Net Reserve
Reserve
(a) Unearned Premium Reserve (UPR) 93,276 73,086
(b) Premium Deficiency Reserve (PDR) - -
(c) Unexpired Risk Reserve (URR)…(a)+(b) 93,276 73,086
(d) Outstanding Claim Reserve (other than IBNR reserve) 25,752 15,570
(e) IBNR reserve 55,470 31,143
(f) Total Reserves for Technical Liabilities…(c)+(d)+(e) 174,498 119,800

Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time.
FORM NL-25 - SOLVENCY MARGIN (TABLE IA)

Name of Insurer: Acko General Insurance Limited

Registration Number: 157
Date of Registration: September 18, 2017
Classification: Business within India / Total Business

TABLE IA: REQUIRED SOLVENCY MARGIN BASED ON NET PREMIUM AND NET INCURRED CLAIMS as on September 30, 2023
(All amounts in Rupees of Lakhs)
Gross Net Gross
Item No. Line of Business Net Incurred Claims RSM 1 RSM 2 RSM
Premiums Premiums Incurred Claims
(1) (2) (3) (4) (5) (6) (7) (8) (9)
1 Fire (2) (2) 1 0 (0) 0 0
2 Marine Cargo - - - - - - -
3 Marine - Other than Marine Cargo - - - - - - -
4 Motor 71,271 46,953 56,227 32,363 10,691 12,651 12,651
5 Engineering - - - - - - -
6 Aviation - - - - - - -
7 Liability 8,887 3,552 4,258 2,132 1,333 958 1,333
8 Health 82,204 78,810 44,334 42,521 15,762 12,756 15,762
9 Miscellaneous 5,040 3,528 3,220 1,960 706 676 706
10 Crop - - - - - - -
Total 167,401 132,841 108,040 78,977 28,491 27,042 30,452

Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time.
FORM NL-26 - SOLVENCY MARGIN (TABLE IB)

Name of Insurer: Acko General Insurance Limited

Registration Number: 157
Date of Registration: September 18, 2017
Classification: Business within India / Total Business
(All amounts in Rupees of Lakhs)
(1) (2) (3)
ITEM NO. DESCRIPTION AMOUNT
(A) Policyholder’s FUNDS 151,563
Available assets(as per Form IRDAI-GI-TA)
Deduct:
(B) Current Liabilities as per BS 119,800
(C) Provisions as per BS -
(D) Other Liabilities 31,763
(E) Excess in Policyholder’s funds (A)-(B)-(C)-(D) (0)
Shareholder’s FUNDS
(F) Available Assets 100,955
Deduct:
(G) Other Liabilities 16,581
(H) Excess in Shareholder’s funds (F-G) 84,375
(I) Total ASM (E+H) 84,375
(J) Total RSM 30,452
(K) SOLVENCY RATIO (Total ASM/ Total RSM) 2.77

Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended
from time to time.
FORM NL-27- PRODUCTS INFORMATION

Name of the Insurer: Acko General Insurance Limited

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

Class of Category of
Sl. No. Name of Product /Add On Co. Ref. No. IRDAI UIN Date of allotment of UIN
Business(a) product

1 Acko Private Car Package Policy (Modification) 157 IRDAN157RP0007V03201718 Motor Motor 14-08-2023 (Self Updated UIN)
2 Acko Private Car Policy - Bundled (Modification) 157 IRDAN157RP0014V02201819 Motor Motor 14-08-2023 (Self Updated UIN)
Acko General Insurance Limited
Registration Number 157 Dated 18th September 2017

FORM NL-28-STATEMENT OF ASSETS - 3B

PART - A
Company Name & Code: Acko General Insurance Limited / 157
Statement as on: 30th September, 2023
Statement of Investment Assets (General Insurer, Re-insurers)
(Business within India)
Periodicity of Submission: Quarterly (Q2 - FY 2023-24)
₹ in Lakhs
Section I
No PARTICULARS SCH + + AMOUNT
1 Investments
a. Shareholders Fund 8 90,533.56
b. PolicyholdersFund 8A 151,082.55
2 Loans 9 -
3 Fixed Assets 10 715.88
4 Deferred Tax Assets
5 Current Assets
a. Cash & Bank Balance 11 2,134.94
b. Advances & Other Assets 12 9,092.81
6 Current Liabilities
a. Current Liabilities 13 (93,634.06)
b. Provisions 14 (74,509.80)
c. Misc. Exp not Written Off 15 -
d. Debit Balance of P&L A/c 163,735.53
Application of Funds as per Balance Sheet (A) 249,151.41
Less: Other Assets SCH + + AMOUNT
1 Loans (if any) 9 -
2 Fixed Assets (if any) 10 715.88
3 Deferred Tax Assets -
4 Cash & Bank Balance (if any) 11 2,134.94
5 Advances & Other Assets (if any) 12 9,092.81
6 Current Liabilities 13 (93,634.06)
7 Provisions 14 (74,509.80)
8 Misc. Exp not Written Off 15 -
9 Debit Balance of P&L A/c 163,735.53
TOTAL (B) 7,535.30
'Investment Assets' As per FORM 3B (A-B) 241,616.11

Section II
SH Book Value (SH + FVC
+ PH % Total
No 'Investment' represented as Reg. % Balance FRSM PH) Amount Market Value
Actual
(a) (b) (c) d = (b+c) (e) (d + e)
Not less
1 G. Sec. - 27,583.19 46,030.88 73,614.07 30.47 - 73,614.07 72,926.80
than 20%
Not less
2 G. Sec or Other Apporved Sec. (incl. (1) above) - 34,004.24 56,746.33 90,750.58 37.57 - 90,750.58 89,873.21
than 30%
3 Investment subject to Exposure Norms - 56,514.79 94,311.98 150,826.77 62.43 38.77 150,865.54 149,997.63
a. Housing / Infra & Loans to SG for Housing and FFE
Not less
1. Approved Investments than 15% - 18,789.46 31,355.88 50,145.34 20.76 - 50,145.34 49,521.44
2. Other Investments - - - - - - - -
b. Approved Investments Not - 37,725.33 62,956.10 100,681.43 41.68 38.77 100,720.20 100,476.19
c. Other Investments (not exceeding 25%) exceeding - - - - - - - -
Total Investment Assets 100% - 90,519.03 151,058.31 241,577.35 100.00 38.77 241,616.11 239,870.84
Acko General Insurance Limited
Registration Number 157 Dated 18th September 2017

FORM NL-28-STATEMENT OF ASSETS - 3B

PART - B
Company Name & Code: Acko Geeral Insurance Limited / 157
Statement as on: 30th September, 2023
Statement of Accretion of Assets
(Business within India)
Periodicity of Submission: Quarterly (Q2 - FY 2023-24)
₹ in Lakhs

Opening Net Accretion

% to Opening TOTAL
No Category of Investments COI Balance for the Qtr. % to Total Accrual % to Total
Balance
(A) (B) (A+B)
1 Central Govt. Securities
Central Government Bonds CGSB 50,782.38 24.50% 22,831.69 66.55% 73,614.07 30.47%
Treasury Bills CTRB 14,074.84 6.79% -14,074.84 (41.02%) - -
2 Central Govt Sec, State Govt Sec or Other Approved Securities (incl (i) above)
Central Government Bonds CGSB 50,782.38 24.50% 22,831.69 66.55% 73,614.07 30.47%
Treasury Bills CTRB 14,074.84 6.79% -14,074.84 (41.02%) - -
Other Approved Securities (excluding Infrastructure Investments) SGOA - - - - - -
State Government Bonds SGGB 12,751.37 6.15% 4,385.13 12.78% 17,136.50 7.09%
3 Investment subject to Exposure Norms
a. Housing & Loans to SG for Housing and FFE
1. Approved Investments
Bonds / Debentures issued by NHB / Institutions accredited by NHB HTDN 24,198.68 11.68% 3,056.48 8.91% 27,255.15 11.28%
2. Other Investments
Reclassified Approved Investments - Debt HORD - - - - - -
b. Infrastructure Investments
1. Approved Investments
Infrastructure - PSU - Debentures / Bonds IPTD 22,961.52 11.08% -71.33 (0.21%) 22,890.18 9.48%
Infrastructure - PSU - Debentures / Bonds IPFD - - - - - -
Infrastructure - Other Corporate Securities - Debentures/ Bonds ICTD - - - - - -
2. Other Investments
c. Approved Investments
Commercial Papers ECCP 4,839.73 2.34% -4,839.73 (14.11%) - -
Deposits - Deposit With Scheduled Banks, FIS (Incl. Bank Balance Awaiting Investment),
ECDB CCIL, RBI27,785.13 13.41% -3,863.62 (11.26%) 23,921.51 9.90%
Corporate Securities - Debentures ECOS 45,279.13 21.85% 23,957.04 69.83% 69,236.18 28.66%
Deposits - CDs With Scheduled Banks EDCD - - - - - -
Mutual Funds - Gilt / G Sec / Liquid Schemes EGMF 4,595.91 2.22% 2,927.84 8.53% 7,523.75 3.11%
d. Other Investments (not exceeding 15%)
Debentures OLDB - - - - - -
Mutual Funds - Gilt / G Sec / Liquid Schemes OMGS - - - - - -

Total 207,268.69 100.00% 34,308.65 100.00% 241,577.35 100.00%

NL-29-Debt Sec IRDA Periodic Disclosures

PERIODIC DISCLOSURES
FORM NL-29 Detail regarding debt securities

Acko General
Insurer: Insurance Limited Date: 30-Sep-23

₹ in Lakhs
Detail Regarding debt securities
MARKET VALUE Book Value
as % of total for as % of total for as % of total for as % of total for
As at Sep 30, 2023 As at Sep 30, 2022 As at Sep 30, 2023 As at Sep 30, 2022
this class this class this class this class
Break down by credit rating
AAA rated 118,513.60 49.41 96,407.30 47.77 119,381.51 49.42 97,689.49 47.75
AA or better - - - - - - - -
Rated below AA but above A - - - - - - - -
Rated below A but above B - - - - - - - -
Any other (Govt. Securities) 89,873.21 37.47 89,136.49 44.17 90,750.58 37.57 90,626.33 44.30
Any other (Fixed Deposits) 23,921.51 9.97 8,579.03 4.25 23,921.51 9.90 8,579.03 4.19
Any other (Mutual Funds) 7,562.51 3.15 7,685.34 3.81 7,523.75 3.11 7,679.94 3.75

Total (A) 239,870.84 100.00 201,808.16 100.00 241,577.35 100.00 204,574.78 100.00

BREAKDOWN BY RESIDUALMATURITY
Up to 1 year 22,654.88 9.44 16,887.42 8.37 22,951.84 9.50 16,937.36 8.28
More than 1 year and upto 3 years 54,140.06 22.57 56,790.44 28.14 54,653.01 22.62 57,875.43 28.29
More than 3 years and up to 7years 48,448.69 20.20 63,573.90 31.50 48,789.15 20.20 64,354.89 31.46
More than 7 years and up to 10 years 50,845.24 21.20 25,750.80 12.76 51,309.12 21.24 26,434.56 12.92
Above 10 years 32,297.94 13.46 22,541.24 11.17 32,428.96 13.42 22,713.57 11.10
Any other (Fixed Deposits) 23,921.51 9.97 8,579.03 4.25 23,921.51 9.90 8,579.03 4.19
Any other (Mutual Funds) 7,562.51 3.15 7,685.34 3.81 7,523.75 3.11 7,679.94 3.75

Total (A) 239,870.84 100.00 201,808.16 100.00 241,577.35 100.00 204,574.78 100.00

Breakdown by type of the issurer

a. Central Government 72,926.80 30.40 71,500.81 35.43 73,614.07 30.47 72,638.05 35.51
b. State Government 16,946.42 7.06 17,635.68 8.74 17,136.50 7.09 17,988.27 8.79
c. Corporate Securities 118,513.60 49.41 96,407.30 47.77 119,381.51 49.42 97,689.49 47.75
Any other (Fixed Deposits) 23,921.51 9.97 8,579.03 4.25 23,921.51 9.90 8,579.03 4.19
Any other (Mutual Funds) 7,562.51 3.15 7,685.34 3.81 7,523.75 3.11 7,679.94 3.75

Total (A) 239,870.84 100.00 201,808.16 100.00 241,577.35 100.00 204,574.78 100.00

Page 1 of 1
FORM NL-30 -DETAILS OF NON-PERFORMING ASSETS
Company Name & Code: Acko General Insurance Limited / 157
Statement as on: 30th September, 2023
Details of Investment Portfolio
Periodicity of Submission: Quarterly (Q2 - FY 2023-24) ₹ in Lakhs
Bonds / Debentures Loan Other Debt instruments All Other Assets T0TAL
Prev. FY ( As Prev. FY ( As Prev. FY ( As Prev. FY ( As Prev. FY ( As
NO PARTICULARS YTD ( As on YTD ( As on YTD ( As on YTD ( As on YTD ( As on
on 31 Mar on 31 Mar on 31 Mar on 31 Mar on 31 Mar
date) date) date) date) date)
2023) 2023) 2023) 2023) 2023)
1 Investments Assets (As per Form 5) 119,381.51 99,815.37 - - 114,672.09 83,053.65 7,523.75 10,647.00 241,577.35 193,516.02
2 Gross NPA - - - - - - - - - -
3 % of Gross NPA on Investment Assets (2/1) - - - - - - - - - -
4 Provision made on NPA - - - - - - - - - -
5 Provision as a % of NPA (4/2) - - - - - - - - - -
6 Provision on Standard Assets - - - - - - - - - -
7 Net Investment Assets (1-4) 119,381.51 99,815.37 - - 114,672.09 83,053.65 7,523.75 10,647.00 241,577.35 193,516.02
8 Net NPA (2-4) - - - - - - - - - -
9 % of Net NPA to Net Investment Assets (8/7) - - - - - - - - - -
10 Write off made during the period - - - - - - - - - -
FORM NL-31-STATEMENT OF INVESTMENT AND INCOME ON INVESTMENT
Company Name & Code: ACKO General Insurance Limited & 157
Statement as on: 30th September, 2023
Statement of Investment and Income on Investment
Periodicity of Submission: Quarterly Rs. Lakhs
Current Quarter Year to Date (current year) Year to Date (previous year)2
Income on Income on
No. Category of Investment Category Code Gross Yield Gross Net Yield Income on Gross Net Yield
Investment (Rs.)¹ Investment Net Yield (%)² Investment (Rs.)¹ Investment Investment (Rs.)¹
(%)¹ Yield (%)¹ (%)² Investment (Rs.) Yield (%)¹ (%)²
(Rs.) (Rs.)
1 G. Sec
Central Government Bonds CGSB 70,572.12 1,220.15 6.88% 6.88% 56,842.03 2,196.90 7.73% 7.73% 67,285.09 2,331.11 6.91% 4.75%
Treasury Bills CTRB 3,700.17 29.69 3.19% 3.19% 10,481.75 252.73 4.82% 4.82% 3,293.40 17.82 1.08% 0.74%

2 Other Approved Sec/Guaranteed Sec

Deposit under Section 7 of Insurance Act, 1938 CDSS - - - - - - - - - - - -
State Government Bonds SGGB 13,260.38 200.30 6.01% 6.01% 13,464.00 455.88 6.77% 6.77% 14,689.56 447.36 6.07% 4.18%
Other Approved Securities (excluding Infrastructure Investments) SGOA - - - - - - - - - - - -
- - -
3 Housing & Loans to State Govt. for Housing / FFE
Bonds / Debentures issued by NHB / Institutions accredited by NHB HTDN 23,891.85 457.43 7.62% 7.62% 24,557.18 897.37 7.31% 7.31% 20,831.32 683.27 6.54% 4.50%
Commercial Papers - NHB / Institutions accredited by NHB HTLN - - - - - - - - - - - -
Reclassified Approved Investments HORD - - - - - - - - - - - -

4 Infrastructure Investment
Infrastructure - PSU - Equity shares - Quoted ITPE - - - - - - - - - - - -
Infrastructure - Corporate Securities - Equity shares-Quoted ITCE - - - - - - - - - - - -
Infrastructure - PSU - Debentures / Bonds IPTD 22,925.36 339.82 5.90% 5.90% 24,724.85 873.31 7.06% 7.06% 27,021.04 846.55 6.25% 4.30%
Infrastructure - PSU - Debentures / Bonds IPFD - - - - - - - - - - - -
Infrastructure - Other Corporate Securities - Debentures/ Bonds ICTD - - - - - - - - 5,050.23 107.05 4.23% 2.91%
Infrastructure - Other Corporate Securities - CPs ICCP - - - - - - - - - - - -

5 Approved Investments
Corporate Securities - Equity shares (Ordinary)- Quoted EACE - - - - - - - - - - - -
PSU - Equity shares - Quoted EAEQ - - - - - - - - - - - -
Commercial Papers - Approved Investment ECCP 4,849.39 27.16 2.23% 2.23% 4,803.71 117.70 4.90% 4.90% - - - -
Deposits - Deposit with Scheduled Banks, FIs (incl. Bank Balance awaiting
ECDB 25,069.73 490.83 7.79% 7.79% 24,801.98 956.50 7.71% 7.71% 10,545.46 277.61 5.25% 3.61%
Investment), CCIL, RBI
Corporate Securities - Debentures ECOS 60,685.37 1,162.44 7.62% 7.62% 54,595.50 2,058.60 7.54% 7.54% 19,189.49 660.49 6.87% 4.72%
Deposits - CDs with Scheduled Banks EDCD - - - - - - - - - - - -
Mutual Funds - Gilt / G Sec / Liquid Schemes EGMF 12,100.62 163.90 5.39% 5.39% 9,214.95 273.48 5.94% 5.94% 5,190.89 110.44 4.24% 2.92%
Corporate Securities - Bonds - (Taxable) EPBT - - - - - - - - - - - -
CCIL - CBLO ECBO 246.66 0.25 0.41% 0.41% 204.37 0.28 0.27% 0.27% - - - -
Application Money ECAM 5,086.81 - - - 5,086.81 - - - - - - -

6 Other Investment
Equity Shares (incl Co-op Societies) OESH - - - - - - - - - - - -
Mutual Funds - Debt / Income / Serial Plans / Liquid Secemes OMGS - - - - - - - - - - - -

TOTAL 230,893.06 4,091.97 - - 218,029.00 8,082.75 - - 173,096.47 5,481.69 - -

FORM NL-32-STATEMENT OF DOWN GRADED INVESTMENTS
Company Name & Code: ACKO General Insurance Limited & 157
Statement as on: 30th September, 2023
Statement of Down Graded Investments
Periodicity of Submission: Quarterly
Rs. Lakhs

Date of Date of last

No Name of the Security COI Amount Rating Agency Original Grade Current Grade Remarks
Purchase Downgrade

A. During the Quarter ¹

------------------------------------------NIL------------------------------------------

B. As on Date ²
------------------------------------------NIL------------------------------------------
FORM NL-33- REINSURANCE/RETROCESSION RISK CONCENTRATION

Name of the Insurer:

Acko General Insurance Limited Date: 9/30/2023
Registration No:157
(Amount in Rs. Lakhs)
S.No. Reinsurance/Retrocession Placements No. of Premium ceded to reinsurers (Upto the Quarter) Premium
reinsurers ceded to
Proportional Non-Proportional Facultative reinsurers /
Total
reinsurance
premium
ceded (%)
Outside India
1 No. of Reinsurers with rating of AAA and above
2 No. of Reinsurers with rating AA but less than AAA - 0.0%
3 No. of Reinsurers with rating A but less than AA 0.0%
4 No. of Reinsurers with rating BBB but less than A 0.0%
5 No. of Reinsurers with rating less than BBB 0.0%
Total (A) 0 - - - 0.0%
With In India
1 Indian Insurance Companies 0.0%
2 FRBs 1 11,249 204 75.6%
3 GIC Re 1 3,498 204 24.4%
4 Other (to be Specified) 0.0%
Total (B) 2 14,747 407 - 100.0%
Grand Total (C)= (A)+(B) 2 14,747 407 - 100.0%
FORM NL-34-GEOGRAPHICAL DISTRIBUTION OF BUSINESS

GROSS DIRECT PREMIUM UNDERWRITTEN (Amount in Rs. Lakhs)

Miscellaneous
Fire Marine Hull Marine Cargo Total Marine Motor OD Motor TP Total Motor Health Personal Travel Insurance Total Health Workmen’s Public/ Product Engineering Aviation Crop Insurance Other Misc Other Total Total
Accident Compensation Liability segments Miscellaneous
/ Employer’s (b)

Sl.No. State / Union Territory For the Upto the For the Upto For the Upto For the Upto For the Upto For the Upto the For the Upto the For the Upto the For the Upto For the Upto For the Upto the For Upto For the Upto the For Upto For the Upto For the Upto For Upto For the Upto the For the Upto the
Upto
Quarter quarter Quarter the Quarter the Quarter the Quarter the Quarter quarter Quarter quarter Quarter quarter Quarter the Quarter the Quarter quarter the the Quarter quarter the the Quarter the Quarter the For the the the Quarter quarter Quarter quarter
the
quarter quarter quarter quarter quarter quarter Quarte quart Quarte quarte quarter quarter Quarter Quar quar
quarter
r er r r ter ter
c
STATES
1 Andhra Pradesh - - - - - - - - 85 156 165 302 250 457 379 666 - 1 14 27 393 694 - - - - - - - - - - - - - - 643 1,151 643 1,151
2 Arunachal Pradesh - - - - - - - - 0 0 0 0 0 1 2 4 - 0 0 0 2 4 - - - - - - - - - - - - - - 3 5 3 5
3 Assam - - - - - - - - 1 3 3 8 5 11 56 105 - 1 16 39 72 145 - - - - - - - - - - - - - - 76 156 76 156
4 Bihar - - - - - - - - 65 114 140 250 205 364 566 798 (0) 0 3 7 568 806 - - - - - - - - - - - - - - 773 1,170 773 1,170
5 Chhattisgarh - - - - - - - - 32 64 55 101 87 164 73 138 - 0 2 4 75 142 - - - - - - - - - - - - - - 162 306 162 306
6 Goa - - - - - - - - 39 67 83 157 122 224 14 21 - 0 1 2 15 24 - - - - - - - - - - - - - - 137 248 137 248
7 Gujarat - - - - - - - - 417 750 734 1,264 1,151 2,013 356 614 (0) 1 16 32 372 647 - - - - - - - - - - - - - - 1,523 2,660 1,523 2,660
8 Haryana - - - - - - - - 316 564 452 876 768 1,440 4,650 8,158 8 49 31 87 4,688 8,295 - - 94 218 - - - - - - 887 1,840 - - 6,438 11,793 6,438 11,793
9 Himachal Pradesh - - - - - - - - 6 10 34 61 39 71 17 34 0 0 0 2 17 35 - - - - - - - - - - - - - - 56 106 56 106
10 Jharkhand - - - - - - - - 32 57 88 151 120 208 79 147 - 0 2 5 81 152 - - - 0 - - - - - - - - - - 201 361 201 361
11 Karnataka - - - - - - - - 1,904 3,426 2,635 4,858 4,539 8,283 6,976 13,238 56 164 188 415 7,220 13,817 - - 810 2,536 - - - - - - 42 87 - - 12,611 24,724 12,611 24,724
12 Kerala - - - - - - - - 74 164 281 530 355 694 194 348 - 0 8 15 202 364 - - 9 20 - - - - - - - - - - 567 1,078 567 1,078
13 Madhya Pradesh - - - - - - - - 46 93 93 179 140 272 422 654 - 1 10 21 431 676 - - - - - - - - - - - - - - 571 948 571 948
14 Maharashtra - - - - - - - - 1,319 2,355 2,098 3,844 3,418 6,199 3,746 6,726 38 92 108 231 3,892 7,049 - - 1,082 2,037 - - - - - - 218 411 - - 8,609 15,696 8,609 15,696
15 Manipur - - - - - - - - - - 0 0 0 0 4 7 - 0 0 0 4 8 - - - - - - - - - - - - - - 4 8 4 8
16 Meghalaya - - - - - - - - 0 0 0 1 0 1 3 6 - 0 0 0 3 7 - - - - - - - - - - - - - - 4 8 4 8
17 Mizoram - - - - - - - - 0 0 0 0 0 0 1 2 - 0 0 0 1 2 - - - - - - - - - - - - - - 2 3 2 3
18 Nagaland - - - - - - - - 0 0 0 1 0 1 3 6 - 0 0 0 3 6 - - - - - - - - - - - - - - 3 6 3 6
19 Odisha - - - - - - - - 49 93 95 181 144 274 106 307 - 0 6 15 112 322 - - - - - - - - - - - - - - 256 596 256 596
20 Punjab - - - - - - - - 32 55 127 228 159 283 125 220 - 0 5 11 130 232 - - - - - - - - - - - - - - 289 515 289 515
21 Rajasthan - - - - - - - - 102 206 205 402 307 608 271 509 0 2 15 34 286 544 - - - - - - - - - - - - - - 593 1,153 593 1,153
22 Sikkim - - - - - - - - 0 0 2 4 2 5 5 8 - 0 0 0 5 8 - - - - - - - - - - - - - - 7 13 7 13
23 Tamil Nadu - - - - - - - - 645 1,140 1,693 3,075 2,338 4,214 929 3,140 16 26 59 133 1,004 3,299 - - - - - - - - - - - - - - 3,342 7,514 3,342 7,514
24 Telangana - - - - - - - - 599 1,084 694 1,275 1,293 2,359 1,034 2,977 23 28 58 138 1,115 3,143 - - - - - - - - - - - - - - 2,407 5,502 2,407 5,502
25 Tripura - - - - - - - - 0 0 0 1 0 1 40 68 - 0 (0) 0 40 68 - - - - - - - - - - - - - - 40 69 40 69
26 Uttarakhand - - - - - - - - 26 48 69 130 95 177 41 91 0 1 2 5 43 97 - - - - - - - - - - - - - - 139 274 139 274
27 Uttar Pradesh - - - - - - - - 392 718 647 1,239 1,039 1,957 1,581 2,675 9 31 28 68 1,618 2,774 - - - - - - - - - - - - - - 2,658 4,731 2,658 4,731
28 West Bengal - - - - - - - - 123 216 338 598 461 814 241 431 - 1 16 39 256 470 - - - - - - - - - - - - - - 718 1,284 718 1,284
TOTAL (A) - - - - - - - - 6,305 11,383 10,733 19,714 17,038 31,097 21,913 42,099 150 399 587 1,331 22,651 43,829 - - 1,996 4,812 - - - - - - 1,147 2,339 - - 42,832 82,077 42,832 82,077
UNION TERRITORIESc
1 Andaman and Nicobar Islands - - - - - - - - 1 1 5 9 5 10 0 1 - - 0 0 0 1 - - - - - - - - - - - - - - 6 11 6 11
2 Chandigarh - - - - - - - - 21 38 38 71 59 109 7 13 - 0 2 4 9 17 - - - - - - - - - - - - - - 68 127 68 127
3 Dadra and Nagar Haveli - - - - - - - - 1 1 3 6 4 7 2 4 - - - - 2 4 - - - - - - - - - - - - - - 6 11 6 11
4 Daman & Diu - - - - - - - - 0 1 2 3 2 3 1 2 - - 0 0 1 2 - - - - - - - - - - - - - - 3 6 3 6
5 Govt. of NCT of Delhi - - - - - - - - 572 1,059 882 1,682 1,454 2,741 306 992 7 13 317 934 630 1,940 - - - - - - - - - - - - - - 2,084 4,681 2,084 4,681
6 Jammu & Kashmir - - - - - - - - 5 9 27 51 33 60 13 25 - 0 0 1 13 26 - - - - - - - - - - - - - - 46 87 46 87
7 Ladakh - - - - - - - - - - - - - - 0 0 - - - - 0 0 - - - - - - - - - - - - - - 0 0 0 0
8 Lakshadweep - - - - - - - - 0 0 3 5 3 5 0 0 - - - - 0 0 - - - - - - - - - - - - - - 3 5 3 5
9 Puducherry - - - - - - - - 5 10 24 44 30 54 5 9 - 0 1 1 5 11 - - - - - - - - - - - - - - 35 65 35 65
TOTAL (B) - - - - - - - - 606 1,119 984 1,871 1,590 2,990 334 1,048 7 13 320 940 661 2,002 - - - - - - - - - - - - - - 2,252 4,992 2,252 4,992

Outside India

1 TOTAL (C) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Grand Total (A)+(B)+(C) - - - - - - - - 6,911 12,502 11,717 21,585 18,628 34,087 22,247 43,147 158 413 907 2,271 23,312 45,831 - - 1,996 4,812 - - - - - - 1,147 2,339 - - 45,083 87,069 45,083 87,069
FORM NL-35- QUARTERLY BUSINESS RETURNS ACROSS LINE OF BUSINESS

Name of the Insurer: Acko General Insurance Limited Date: 30-Sep-2023

(Amount in Rs. Lakhs)

Sl.No. Line of Business For the Quarter For the corresponding upto the quarter Up to the corresponding
Q2 quarter of the previous Q2 quarter of the previous
year year
2022-23 2022-23
Premium No. of Policies Premium No. of Premium No. of Policies Premium No. of
Policies Policies
1 Fire - - - - - - - -
2 Marine Cargo - - - - - - - -
3 Marine Other than Cargo - - - - - - - -
4 Motor OD 6,911 504,610 5,251 468,872 12,502 906,578 8,984 824,206
5 Motor TP 11,717 162,111 11,193 137,284 21,585 308,849 19,829 255,748
6 Health 22,247 6,771 18,362 710 43,147 10,633 34,731 1,149
7 Personal Accident 158 60 164 52 413 123 303 117
8 Travel 907 3,137 723 3 2,271 3,145 1,443 8
9 Workmen’s Compensation/ Employer’s liability - - - - - - - -

10 Public/ Product Liability 1,996 62 2,355 31 4,812 84 4,038 52

11 Engineering - - - - - - - -
12 Aviation - - - - - - - -
13 Crop Insurance - - - - - - - -
14 Other segments ** - - - - - - - -
15 Miscellaneous 1,147 5 740 - 2,339 5 1,281 -
FORM NL-36- BUSINESS -CHANNELS WISE

Name of the Insurer: Acko General Insurance Limited

Sl.No. Channels For the Quarter upto the quarter For the corresponding Up to the corresponding
Q2 Q2 quarter of the previous quarter of the previous year
year 2022-23
2022-23
No. of Premium No. of Policies Premium No. of Premium No. of Policies Premium
Policies (Rs.Lakhs) (Rs.Lakhs) Policies (Rs.Lakhs) (Rs.Lakhs)

1 Individual agents - - - - - - - -
2 Corporate Agents-Banks - - - - - - - -
3 Corporate Agents -Others 91,187 5,417 174,334 9,282 65,019 1,578 112,942 3,336
4 Brokers 27,723 9,203 62,754 21,464 35,500 12,077 72,794 23,628
5 Micro Agents - - - - - - - -
Direct Business
-Officers/Employees
6
-Online (Through Company Website)
-Others 557,844 30,463 992,192 56,321 506,431 25,132 895,407 43,643
7 Common Service Centres(CSC) - - - - - - - -
8 Insurance Marketing Firm - - - - - - - -
9 Point of sales person (Direct) 2 0 137 1 2 0 137 1
10 MISP (Direct) - - - - - - - -
11 Web Aggregators - - - - - - - -
12 Referral Arrangements - - - - - - - -
13 Other (to be sepcified)
(i) __________________
(ii) __________________ - - - - - - - -

Total (A) 676,756 45,083 1,229,417 87,069 606,952 38,787 1,081,280 70,608
14 Business outside India (B) - - - - - - - -
Grand Total (A+B) 676,756 45,083 1,229,417 87,069 606,952 38,787 1,081,280 70,608
FORM NL-37-CLAIMS DATA

Name of the Insurer: ACKO General Insurance Limited Upto the quarter ending Q-2 FY'2023-24

No. of claims only

Sl. No. Claims Experience Fire Marine Marine Total Motor OD Motor TP Total Health Personal Travel Total Workmen’s Public/ Engineer Aviation Crop Other Miscellaneous Total
Cargo Hull Marine Motor Accident Health Compensation Product ing Insurance segments
/ Employer’s Liability **
liability
1 Claims O/S at the beginning of the period - - - - 4,954 1,601 6,555 5,086 19 424 5,529 - 591 - - - - 1,535 14,210
2 Claims reported during the period - - - - 72,264 1,171 73,435 59,170 22 1,691 60,883 - 21,683 - - - - 17,932 173,933
(a) Booked During the period - - - - 71,576 1,159 72,735 58,637 17 1,650 60,304 - 21,636 - - - - 17,789 172,464
(b) Reopened during the Period - - - - 688 12 700 533 5 41 579 - 47 - - - - 143 1,469
(c) Other Adjustment (to be specified)
(i)__________
(ii) - - - - - - - - - - - - - - - - - - -
3 Claims Settled during the period - - - - 65,299 589 65,888 52,329 21 1,515 53,865 - 21,107 - - - - 15,617 156,477
(a) paid during the period
(b) Other Adjustment ( to be specified) - - - - 65,299 589 65,888 52,329 21 1,515 53,865 - 21,107 - - - - 15,617 156,477
4 Claims Repudiated during the period - - - - 691 5 696 1,910 - - 1,910 - 32 - - - - 267 2,905
Other Adjustment ( to be specified)
(i)Claims Closed other than Repudiation - - - - 3,945 67 4,012 2,454 3 40 2,497 - 68 - - - - 955 7,532
Unclaimed (Pending claims which are
transferred to Unclaimed A/c. after the
5
mandatory period as prescribed by the
Authority) - - - - - - - - - - - - - - - - - - -
6 Claims O/S at End of the period - - - - 7,283 2,111 9,394 7,563 17 560 8,140 - 1,067 - - - - 2,628 21,229
Less than 3months - - - - 6,668 555 7,223 7,434 13 551 7,998 - 923 - - - - 2,452 18,596
3 months to 6 months - - - - 520 426 946 86 2 2 90 - 87 - - - - 116 1,239
6months to 1 year - - - - 61 605 666 35 - 4 39 - 49 - - - - 60 814
1year and above - - - - 34 525 559 8 2 3 13 - 8 - - - - - 580

Upto the quarter ending Q-2 FY'2023-24

(Amount in Rs. Lakhs)
Sl. No. Claims Experience Fire Marine Marine Total Motor OD Motor TP Total Health Personal Travel Total Workmen’s Public/ Engineer Aviation Crop Other Miscellaneous Total
Cargo Hull Marine Motor Accident Health Compensation Product ing Insurance segments
/ Employer’s Liability **
liability

1 Claims O/S at the beginning of the period - - - - 2,631.11 15,316.24 17,947.36 3,302.75 46.17 110.82 3,459.73 - 72.75 - - - - 139.74 21,619.58
2 Claims reported during the period - - - - 16,623.47 7,339.45 23,962.92 27,782.77 116.53 309.78 28,209.08 - 2,484.91 - - - - 1,698.65 56,355.56
(a) Booked During the period - - - - 16,399.65 7,247.23 23,646.88 - - - - - 2,479.34 - - - - 1,683.54 27,809.76
(b) Reopened during the Period - - - - 208.64 92.21 300.85 - - - - - 4.90 - - - - 15.11 320.86
(c) Other Adjustment (to be specified)
(i)__________
(ii) - - - - - - - - - - - - - - - - - - -
3 Claims Settled during the period - - - - 13,476.56 3,522.59 16,999.15 20,252.08 134.99 198.20 20,585.27 - 2,169.65 - - - - 1,672.42 41,426.48
(a) paid during the period
(b) Other Adjustment ( to be specified) - - - - 13,476.56 3,522.59 16,999.15 20,252.08 134.99 198.20 20,585.27 - 2,169.65 - - - - 1,672.42 41,426.48
4 Claims Repudiated during the period - - - - 181.30 45.13 226.42 947.87 - - 947.87 - 3.76 - - - - 13.28 1,191.33
Other Adjustment ( to be specified)
(i)Claims Closed other than Repudiation - - - - 796.14 562.71 1,358.85 1,676.60 20.31 66.12 1,763.02 - 7.54 - - - - 73.48 3,202.90
Unclaimed (Pending claims which are
transferred to Unclaimed A/c. after the
5
mandatory period as prescribed by the
Authority) - - - - - - - 0.10 - 0.08 0.18 - - - - - - - 0.18
6 Claims O/S at End of the period - - - - 2,948.20 18,830.72 21,778.93 3,453.08 6.92 110.45 3,570.45 - 140.12 - - - - 262.86 25,752.36
Less than 3months - - - - 2,228.01 3,808.96 6,036.97 3,352.24 5.95 92.62 3,450.81 - 121.97 - - - - 244.78 9,854.53
3 months to 6 months - - - - 466.37 2,903.47 3,369.83 73.77 0.49 2.14 76.41 - 11.22 - - - - 11.00 3,468.46
6months to 1 year - - - - 156.33 5,594.43 5,750.76 20.48 - 6.74 27.22 - 5.14 - - - - 7.08 5,790.20
1year and above - - - - 97.50 6,523.87 6,621.37 6.59 0.47 8.95 16.01 - 1.79 - - - - - 6,639.17

Page 1 of 1
FORM NL-39- AGEING OF CLAIMS

Name of the Insurer: ACKO General Insurance Limited

For the Quarter ending on Q-2 FY'2023-24 (Amount in Rs. Lakhs)

Ageing of Claims (Claims paid)

Sl.No. Line of Business No. of claims paid Amount of claims paid Total
Total
No. of
amount of
claims
claims paid
paid
upto 1 > 1 month > 3 months > 6 months and >1 >3 >5 upto 1 >1 >3 >6 >1 >3 >5
month and <=3 and <= 6 <= 1 year year years years month month months months year years years
months months and and and and and and and
<= 3 <= 5 <=3 <= 6 <= 1 <= 3 <= 5
years years months months year years years

1 Fire - - - - - - - - - - - - - - - -
2 Marine Cargo - - - - - - - - - - - - - - - -
3 Marine Other than Cargo - - - - - - - - - - - - - - - -
4 Motor OD 28,549 3,265 371 57 2 - - 4,675 1,519 516 110 7 - - 32,244 6,827
5 Motor TP 12 92 134 133 57 1 - 65 353 688 832 489 15 - 429 2,442
6 Health 25,332 1,062 110 11 10 - - 8,511 770 120 15 13 - - 26,525 9,430
7 Personal Accident 2 5 2 - - - - 1 27 5 - - - - 9 33
8 Travel 741 128 1 - - - - 69 22 0 - - - - 870 92
9 Workmen’s Compensation/ - - - - - - - - - - - - - - - -
Employer’s liability

10 Public/ Product Liability 10,654 334 37 2 - - - 1,093 52 4 0 0 - - 11,027 1,150

11 Engineering - - - - - - - - - - - - - - - -
12 Aviation - - - - - - - - - - - - - - - -
13 Crop Insurance - - - - - - - - - - - - - - - -
14 Other segments (a) - - - - - - - - - - - - - - - -
15 Miscellaneous 7,463 1,386 72 4 - - - 783 174 9 0 - - - 8,925 967

Upto the quarter ending Q-2 FY'2023-24 (Rs in Lakhs)

Ageing of Claims (Claims paid)
Sl.No. Line of Business Total
Total
No. of
No. of claims paid Amount of claims paid amount of
claims
claims paid
paid
>1 >3 >1 >3 >6 >1 >3
> 1 month > 3 months year years month months months year years
upto 1 > 6 months and >5 upto 1 >5
and <=3 and <= 6 and and and and and and and
month <= 1 year years month years
months months <= 3 <= 5 <=3 <= 6 <= 1 <= 3 <= 5
years years months months year years years
1 Fire - - - - - - - - - - - - - - - -
2 Marine Cargo - - - - - - - - - - - - - - - -
3 Marine Other than Cargo - - - - - - - - - - - - - - - -
4 Motor OD 58,525 5,934 709 127 4 - - 9,304 3,082 863 208 20 - - 65,299 13,477
5 Motor TP 19 134 173 178 81 4 - 99 589 897 1,086 791 60 - 589 3,523
6 Health 50,075 2,013 181 44 16 - - 18,244 1,656 300 35 17 - - 52,329 20,252
7 Personal Accident 9 7 4 1 - - - 38 41 30 26 - - - 21 135
8 Travel 1,313 195 5 2 - - - 140 38 21 0 - - - 1,515 198
9 Workmen’s Compensation/ - - - - - - - - - - - - - - - -
Employer’s liability

10 Public/ Product Liability 20,443 605 47 4 8 - - 2,084 80 5 0 1 - - 21,107 2,170

11 Engineering - - - - - - - - - - - - - - - -
12 Aviation - - - - - - - - - - - - - - - -
13 Crop Insurance - - - - - - - - - - - - - - - -
14 Other segments (a) - - - - - - - - - - - - - - - -
15 Miscellaneous 13,294 2,216 96 10 1 - - 1,400 259 12 1 0 - - 15,617 1,672

Page 1 of 1
FORM NL-41 OFFICES INFORMATION As at: September 30, 2023

Name of the Insurer: Acko General Insurance Limited

Sl. No. Office Information Number

1 No. of offices at the beginning of the year 5
2 No. of branches approved during the year 1
3 No. of branches opened during the Out of approvals of previous year 4
4 year Out of approvals of this year 1
5 No. of branches closed during the year 0
6 No of branches at the end of the year 10
7 No. of branches approved but not opened 0
8 No. of rural branches 0
9 No. of urban branches 10
No. of Directors:-
(a) Independent Director (a) 3
(b) Executive Director (b) 1
10
(c) Non-executive Director (c) 5*
(d) Women Director (d) 1**
(e) Whole time director (e) 1#
No. of Employees
(a) On-roll: 642
11
(b) Off-roll: 363
(c) Total 1005
No. of Insurance Agents and Intermediaries No. of Insurance Agents and Intermediaries
(a) Individual Agents, (a) 0
(b) Corporate Agents-Banks (b) 0
(c)Corporate Agents-Others (c) 11
(d) Insurance Brokers (d) 56
12
(e) Web Aggregators (e) 0
(f) Insurance Marketing Firm (f) 0
(g) Motor Insurance Service Providers (DIRECT) (g) 0
(h) Point of Sales persons (DIRECT) (h) 0
(i) Other as allowed by IRDAI (To be specified) (i) -

Employees and Insurance Agents and Intermediaries -Movement

Particulars Employees Insurance Agents and Intermediaries

Number at the beginning of the 627 64

quarter
Recruitments during the quarter 61 3
Attrition during the quarter 46 0
Number at the end of the quarter 642 67

*The Company has total 5 Non-Executive Directors, out of which 3 are Non-Executive, Independent Directors and 2 is Non-Executive, Non-Independent Director.
** The Company has 1 Women Director. She is also the Non-Executive, Non-Independent Director of the Company.
# The Company has total 1 Executive Director as on September 30, 2023, who is Managing Director & CEO.
FORM NL-42 BOARD OF DIRECTORS & KEY MANAGEMENT PERSONS

Name of the Insurer:Acko General Insurance Limited Date:30.09.2023

Board of Directors and Key Management Persons

Details of change in the
Sl. No. Name of person Designation Role /Category
period, if any
1 Mr. G N Agarwal Non-Executive Director Independent Director No change
2 Mr. Srinivasan V Non-Executive Director Independent Director No change
Mr. K. S. Independent Director No change
3
Gopalakrishnan Non-Executive Director
Ms. Ruchi Deepak Non-Executive Director Non-Independent No change
4
Director
Mr. Varun Dua Non-Executive Director Non-Independent No change
5 Director
Mr. Sanjeev Executive Director Managing Director & No change
6
Srinivasan CEO
7 Mr. Rohin Vig Chief Financial Officer Finance No change
8 Mr. Naseem Halder Chief Technology Officer Technology Ceased w.e.f 3rd July, 2023
9 Mr. Manish Thakur Chief Investment Officer Investment No change
10 Mr. Biresh Giri Appointed Actuary Actuarial No change
11 Mr. Animesh Das Chief Underwriting Officer Underwriting No change
12 Mr. Ketul Patel Chief Risk Officer Risk No change
Ms. Karishma Desai
13 Chief Compliance Officer & Compliance & No change
Company Secretary Secretarial
FORM NL-43-RURAL & SOCIAL OBLIGATIONS (QUARTERLY RETURNS)

Insurer: Acko General Insurance Limited Upto the Quarter ending on Sep'23

(Amount in Rs. Lakhs)

Rural & Social Obligations (Quarterly Returns)
Sl.No. Line of Business Particular No. of Premium Sum Assured
Policies Collected
Issued
Rural - - -
1 FIRE
Social - - -
Rural - - -
2 MARINE CARGO
Social - - -
Rural - - -
3 MARINE OTHER THAN CARGO
Social - - -
Rural 339,341 4,424 656,082
4 MOTOR OD
Social - - -
Rural 129,237 7,913 -
5 MOTOR TP
Social - - -
Rural 3,858 711 7,225,717
6 HEALTH
Social - 2,403 9,177,436
Rural - - -
7 PERSONAL ACCIDENT
Social - 2 64,250
Rural - - -
8 TRAVEL
Social - - -
Rural - - -
9 Workmen’s Compensation/ Employer’s liability
Social - - -
Rural - - -
10 Public/ Product Liability
Social - - -
Rural - - -
11 Engineering
Social - - -
Rural - - -
12 Aviation
Social - - -
(a) Rural - - -
13 Other Segment
Social - - -
Rural - - -
14 Miscellaneous
Social - - -
Rural 472436 13,049 7,881,799
Total
Social 0 2,405 9,241,686
FORM NL-44-MOTOR TP OBLIGATIONS (QUARTERLY RETURNS)

(i) Name of the Insurer: Acko General Insurance Limited

(ii) Registration No.157 and Date of Registration with the IRDAI: 18 Sep 2017
(iii) Gross Direct Premium Income during immediate preceding FY: Rs. 15,09,40,62,567/-
(iv) Gross Direct Motor Third Party Insurance Business Premium during immediate preceding FY: Rs. 4,44,30,04,256/-
(v) Obligation of the Insurer to be met in a financial year Rs. 337.40 Cr

Statement Period: Quarter ending __________

(Amount in Rs. Lakhs)

Items
For the Quarter Up to the Quarter
Gross Direct Motor Third Party Insurance Business
Premium in respect of liability only policies (L) 2,904 5,590
Gross Direct Motor Third Party Insurance Business
Premium in respect of package policies (P) 8,813 15,995
Total Gross Direct Motor Third Party Insurance
Business Premium (L+P) 11,717 21,585

Total Gross Direct Motor Own damage Insurance Business Premium 6,911 12,502
Total Gross Direct Premium Income 45,083 87,069
FORM NL-45-GREIVANCE DISPOSAL

Name of the Insurer:ACKO General Insurance Limited Date:30th Sep'2023

GRIEVANCE DISPOSAL
Sl No. Particulars Opening Balance * Additions during the Complaints Resolved Total Complaints
Complaints
quarter (net of Fully Partial Rejected registered up to
Pending at the
duplicate complaints) Accepted Accepted the quarter during
end of the quarter
the financial year
1 Complaints made by customers
a) Proposal Related 0 4 2 0 2 0 7
b) Claims Related 0 229 43 132 50 4 439
c) Policy Related 1 63 20 22 20 2 101
d) Premium Related 0 2 0 1 0 1 4
e) Refund Related 0 10 6 4 0 0 13
f) Coverage Related 0 8 2 4 2 0 13
g) Cover Note Related 0 0 0 0 0 0 0
h) Product Related 0 1 0 1 0 0 2
i) Others (to be specified)
(i)Enquiry
(ii) RSA 0 15 9 3 3 0 30
Total 1 332 82 167 77 7 609

Total No. of policies during

2 2,428,364
previous year:
Total No. of claims during
3 188,184
previous year:
Total No. of policies during 1,229,417
4
current year:
Total No. of claims during current
5 173,933
year:
Total No. of Policy Complaints
6 (current year) per 10,000 policies 1.38
(current year):
Total No. of Claim Complaints
(current year) per 10,000 claims
7 25.24
registered (current year):

Complaints made by
Complaints made by customers Total
Intermediaries
8 Duration wise Pending Status Percentage Percentage to
Percentage to
Number Number to Pending Number Pending
Pending complaints
complaints complaints
a) Up to 15 days 3 43% 0 0% 3 43%
b) 15 - 30 days 3 43% 0 0% 3 43%
c) 30 - 90 days 1 14% 0 0% 1 14%
d) 90 days & Beyond 0 0% 0 0% 0 0%
Total Number of Complaints 7 0 7
Form NL-46-VOTING ACTIVITY DISCLOSURE UNDER STEWARDSHIP CODE

Company Name & Code: ACKO General Insurance Limited & 157

For the Quarter ending: September 2023

Investee Type of Meeting Proposal of Description of the Management Vote Reason

Meeting Date
Company Name (AGM / EGM) Management / proposal Recommendation (For / Against/ supporting the
------------------------------------------NIL------------------------------------------

PL Bs Format
No ratings yet
PL Bs Format
782 pages
Public Disclosure For LI C
No ratings yet
Public Disclosure For LI C
88 pages
2022PA012376 - Taurus Armas DF2021 - em - Inglês
No ratings yet
2022PA012376 - Taurus Armas DF2021 - em - Inglês
105 pages
Manipalcigna Health Insurance Company Limited
No ratings yet
Manipalcigna Health Insurance Company Limited
45 pages
Sample Accounting System Template
No ratings yet
Sample Accounting System Template
247 pages
Yadav Ka Chhora
No ratings yet
Yadav Ka Chhora
67 pages
4190 - BHO - Fianacial Analysis Report - April 2025
No ratings yet
4190 - BHO - Fianacial Analysis Report - April 2025
63 pages
PublicDisclosures 1691493096
No ratings yet
PublicDisclosures 1691493096
49 pages
PublicDisclosure 1660281762
No ratings yet
PublicDisclosure 1660281762
48 pages
Reliance General Insurance Company Limited: Disclosures - Non-Life Insurance Companies
No ratings yet
Reliance General Insurance Company Limited: Disclosures - Non-Life Insurance Companies
48 pages
Accounting Report - December 2018
No ratings yet
Accounting Report - December 2018
72 pages
Audit Excel Checklists
No ratings yet
Audit Excel Checklists
92 pages
Reading Financial Statement by CFI
No ratings yet
Reading Financial Statement by CFI
66 pages
Annual Report of Reliance General Insurance On 10-11
No ratings yet
Annual Report of Reliance General Insurance On 10-11
49 pages
01 Public Dislosue On Website Q2 FY22-23
No ratings yet
01 Public Dislosue On Website Q2 FY22-23
74 pages
2023 40144 Royal Exchange Plc. - Year End - Financial Statement For 2023 Financial Statements January 2024
No ratings yet
2023 40144 Royal Exchange Plc. - Year End - Financial Statement For 2023 Financial Statements January 2024
65 pages
Bschedule 2022 M10 NW374 2023 20230221 101953
No ratings yet
Bschedule 2022 M10 NW374 2023 20230221 101953
65 pages
PD - Fy 13 14
No ratings yet
PD - Fy 13 14
60 pages
Kotak Mahindra Life Insurance Co. Ltd. - Q1 2020-21
No ratings yet
Kotak Mahindra Life Insurance Co. Ltd. - Q1 2020-21
61 pages
CFAS Mock Exam
No ratings yet
CFAS Mock Exam
13 pages
2016 AICPA FAR - Difficult
100% (1)
2016 AICPA FAR - Difficult
51 pages
JDFI Financial Results - March 2023
No ratings yet
JDFI Financial Results - March 2023
11 pages
Enterprise Group
No ratings yet
Enterprise Group
8 pages
Suman Electricals CMA
No ratings yet
Suman Electricals CMA
15 pages
Enterprise Group PLC: Unaudited Financial Statements For The Year Ended 31 December 2021
No ratings yet
Enterprise Group PLC: Unaudited Financial Statements For The Year Ended 31 December 2021
8 pages
NFRS Format
No ratings yet
NFRS Format
86 pages
Scabaa 2021-2023 - Taa
No ratings yet
Scabaa 2021-2023 - Taa
6 pages
MyOnlineCA Tax Relief Calculator 2024 Version Final
No ratings yet
MyOnlineCA Tax Relief Calculator 2024 Version Final
9 pages
B S R & Co. LLP Rajesh Gopinathan N Ganapathy Subramaniam
No ratings yet
B S R & Co. LLP Rajesh Gopinathan N Ganapathy Subramaniam
36 pages
As Per Our Report of Even Date Attached For and On Behalf of The Board
No ratings yet
As Per Our Report of Even Date Attached For and On Behalf of The Board
37 pages
Dish TV India Limited - 2q Fy25 - Financialsdocx
No ratings yet
Dish TV India Limited - 2q Fy25 - Financialsdocx
5 pages
22 23
No ratings yet
22 23
10 pages
Scabaa 2021-2023 - Taytagan
No ratings yet
Scabaa 2021-2023 - Taytagan
6 pages
Template Financier
No ratings yet
Template Financier
11 pages
Balance Sheet (31.03.2023)
No ratings yet
Balance Sheet (31.03.2023)
9 pages
Nursing Service Department: Revenues
No ratings yet
Nursing Service Department: Revenues
27 pages
(Rs. in '000s) Year Ended March 31, 2010 Year Ended March 31, 2009
No ratings yet
(Rs. in '000s) Year Ended March 31, 2010 Year Ended March 31, 2009
27 pages
Nalin Tax
No ratings yet
Nalin Tax
3 pages
Periodic Disclosures Form Nl-2-B-Pl
No ratings yet
Periodic Disclosures Form Nl-2-B-Pl
1 page
Adcon - SQ2024
No ratings yet
Adcon - SQ2024
3 pages
Income Statement
No ratings yet
Income Statement
1 page
Income Tax Calculator FY 2023-24 (AY 2024-25) - Harish
No ratings yet
Income Tax Calculator FY 2023-24 (AY 2024-25) - Harish
4 pages
Profit and Loss STMNT Tata Aig 2023-24
No ratings yet
Profit and Loss STMNT Tata Aig 2023-24
1 page
The Statement of Financial Position of Ninety LTD For The Last Two Years Are
No ratings yet
The Statement of Financial Position of Ninety LTD For The Last Two Years Are
2 pages
NL-2-Profit and Loss Account - 2
No ratings yet
NL-2-Profit and Loss Account - 2
1 page
NL 6 Commission Schedul0
No ratings yet
NL 6 Commission Schedul0
2 pages
Dish TV India Limited - 1q Fy25 - Financials 17
No ratings yet
Dish TV India Limited - 1q Fy25 - Financials 17
3 pages
PC Depot Trial Balance - Hezekiah Pardede
No ratings yet
PC Depot Trial Balance - Hezekiah Pardede
5 pages
Dish TV India Limited - 3q Fy25 - Financials
No ratings yet
Dish TV India Limited - 3q Fy25 - Financials
3 pages
Analysis of Financial Statements
25% (4)
Analysis of Financial Statements
46 pages
3-Statement Linking-6 May 24-Problem
No ratings yet
3-Statement Linking-6 May 24-Problem
9 pages
Statement of Financial Position Basic Problems Problem 1-1 (IFRS)
No ratings yet
Statement of Financial Position Basic Problems Problem 1-1 (IFRS)
7 pages
L-2 Profit and Loss Account
No ratings yet
L-2 Profit and Loss Account
1 page
HDFC NL-7-operating-expenses-scheduld
No ratings yet
HDFC NL-7-operating-expenses-scheduld
2 pages
ICICI Form-Nl-7-Operating-Expenses-Schedule
No ratings yet
ICICI Form-Nl-7-Operating-Expenses-Schedule
2 pages
D TGTTW I02 VXWxag 27 A9 NJ 7 BSH BYmj GZ RENTB5 PTu
No ratings yet
D TGTTW I02 VXWxag 27 A9 NJ 7 BSH BYmj GZ RENTB5 PTu
1 page
Worksheet 5 Transmittal Listing Jev
No ratings yet
Worksheet 5 Transmittal Listing Jev
3 pages
Income Tax Notes-IAS 12
No ratings yet
Income Tax Notes-IAS 12
11 pages
Mkombozi 2020
No ratings yet
Mkombozi 2020
1 page
Project Budget Monthly
No ratings yet
Project Budget Monthly
1 page
Mkombozi Commercial Bank - Financial Statement Dec - 2019 PDF
No ratings yet
Mkombozi Commercial Bank - Financial Statement Dec - 2019 PDF
1 page
Go Digit General Insurance Limited
No ratings yet
Go Digit General Insurance Limited
1 page
Form Nl-1-B-Ra Periodic Disclosures
No ratings yet
Form Nl-1-B-Ra Periodic Disclosures
1 page
14-2011 Cash Flow Projection For OCFC Based On 12-10 BOD Budget
No ratings yet
14-2011 Cash Flow Projection For OCFC Based On 12-10 BOD Budget
2 pages
Chap 6 Multiple Choice Questions For The Chapter With Answer
No ratings yet
Chap 6 Multiple Choice Questions For The Chapter With Answer
23 pages
Accounting For Changes and Error Analysis: Assignment Classification Table (By Topic)
No ratings yet
Accounting For Changes and Error Analysis: Assignment Classification Table (By Topic)
11 pages
IGate Patni M&a Deal
No ratings yet
IGate Patni M&a Deal
56 pages
IAS 16 Lectures Slides
No ratings yet
IAS 16 Lectures Slides
29 pages
Suggested Answers Global Financial Reporting Standards
No ratings yet
Suggested Answers Global Financial Reporting Standards
49 pages
Dabur Balance Sheet
No ratings yet
Dabur Balance Sheet
30 pages
XL Insurance Company Se 2022
No ratings yet
XL Insurance Company Se 2022
77 pages
Chapter - I
No ratings yet
Chapter - I
42 pages
Cfas Reviewer
No ratings yet
Cfas Reviewer
7 pages
Qatar Fuel Company Q.P.S.C ("WOQOD") - English Conso FS 2022 - Final Issued
No ratings yet
Qatar Fuel Company Q.P.S.C ("WOQOD") - English Conso FS 2022 - Final Issued
43 pages
United Bank For Africa (Ghana) Limited Summary Financial Statements For The Year Ended 31 December 2020
No ratings yet
United Bank For Africa (Ghana) Limited Summary Financial Statements For The Year Ended 31 December 2020
2 pages
Csibl Y04
No ratings yet
Csibl Y04
34 pages
Radico Khaitan Valuation
No ratings yet
Radico Khaitan Valuation
28 pages
Awasr Oman and Partners SAOC - FS 2020 English
No ratings yet
Awasr Oman and Partners SAOC - FS 2020 English
42 pages
Balance Sheet: KMC Speciality Hospitals (India) Limited
No ratings yet
Balance Sheet: KMC Speciality Hospitals (India) Limited
40 pages
CWA ICWA Final - Group IV - Advanced Financial Accounting and Reporting - December 2010
No ratings yet
CWA ICWA Final - Group IV - Advanced Financial Accounting and Reporting - December 2010
10 pages
This Study Resource Was: 1. in The Audit of The Heats Corporation's Financial Statements at December 31, 2005, The
No ratings yet
This Study Resource Was: 1. in The Audit of The Heats Corporation's Financial Statements at December 31, 2005, The
5 pages
Cbea FAR 01 Lecture 02
No ratings yet
Cbea FAR 01 Lecture 02
16 pages
Keloggs Dragon
No ratings yet
Keloggs Dragon
8 pages
Icag Nov 2020-Group Discuss...
No ratings yet
Icag Nov 2020-Group Discuss...
6 pages
Tax Jul Aug 2023 - Question
No ratings yet
Tax Jul Aug 2023 - Question
6 pages
Theory of Accounts
No ratings yet
Theory of Accounts
8 pages
Accounting For Liabilities
No ratings yet
Accounting For Liabilities
2 pages
Bankruptcy and Insolvency Taxation
From Everand
Bankruptcy and Insolvency Taxation
Grant W. Newton
No ratings yet
Commodity Contracts Dealing Revenues World Summary: Market Values & Financials by Country
From Everand
Commodity Contracts Dealing Revenues World Summary: Market Values & Financials by Country
Editorial DataGroup
No ratings yet
Portfolio Management Revenues World Summary: Market Values & Financials by Country
From Everand
Portfolio Management Revenues World Summary: Market Values & Financials by Country
Editorial DataGroup
No ratings yet