Nism Series XV Research Analyst Exam Workbook

FORM L-1-A-RA
Aegon Life Insurance Company Limited

IRDA Registration No: 138
Date of Registration with IRDA: June 27, 2008
REVENUE ACCOUNT FOR THE NINE MONTHS ENDED DECEMBER 31, 2018
Policyholders’ Account (Technical Account)

(Rs. '000)
Particulars Schedule Three months ended Nine months ended Three months ended Nine months ended
December 31, 2018 December 31, 2018 December 31, 2017 December 31, 2017
Premiums earned – net
(a) Premium L-4 1,267,385 3,446,266 1,181,963 3,103,362
(b) Reinsurance ceded (130,419) (370,901) (103,169) (298,247)
(c) Reinsurance accepted - - - -
Sub Total 1,136,966 3,075,365 1,078,794 2,805,115
Income From Investments

(a) Interest, Dividends and Rent – Gross 285,223 848,883 236,796 718,427
(b) Profit on sale/redemption of investments 160,654 755,256 274,791 1,062,786
(c) (Loss) on sale/ redemption of investments (131,027) (331,875) (29,295) (135,980)
(d) Transfer/Gain on revaluation/change in fair value* 53,408 (30,564) 212,214 60,020
(e) Amortisation of premium / discount on investments 44,657 98,588 24,325 70,871
Other Income
(a) Interest on Policy loans 162 450 103 265
(b) Contribution from Shareholders' Account - - - -
(c) Linked Income - - - -
TOTAL (A) 1,550,043 4,416,103 1,797,728 4,581,504
Commission L-5 7,829 24,025 13,190 34,783
Operating Expenses related to Insurance Business L-6 332,835 943,433 419,330 1,162,369
Goods and Service Tax on Unit Linked Charges 9,144 29,381 10,472 29,835
Provision for Doubtful debts (269) 590 884 3,760
Bad debts written off - - - -
Provision for Tax
(a) Income Tax - - - -
Provisions (other than taxation)
(a) For diminution in the value of investments (Net) 30,000 30,000 - -
(b) Others - - - -
TOTAL (B) 379,539 1,027,429 443,876 1,230,747
Benefits Paid (Net) L-7 643,501 1,971,887 772,006 2,361,472

Interim in
Change Bonuses
valuation
Paidof liability in respect of life policies 368 1,302 635 1,881
(a) Gross**
Non Linked 616,752 1,561,813 562,895 1,315,794
Linked ( Fund Reserve) (81,606) (98,059) 137,186 (194,409)
(b) Amount ceded in Reinsurance (77,622) (226,333) (54,590) (145,230)
(c) Amount accepted in Reinsurance - - - -
TOTAL (C) 1,101,393 3,210,611 1,418,132 3,339,508
SURPLUS/(DEFICIT) (D)=(A)-(B)-(C) 69,111 178,063 (64,280) 11,249
APPROPRIATIONS
Transfer to Shareholders’ Account - - - -

Transfer to Balance Sheet being "Deficit in Revenue Account (Policyholders' Account)" 8,383 (33,936) (78,049) (119,588)
Balance being Funds for Future Appropriations 60,728 211,999 13,769 130,837
TOTAL (E) 69,111 178,063 (64,280) 11,249
* Represents the deemed realised gain as per norms specified by the Authority
**Represents Mathematical Reserves after allocation of bonus
The breakup of total surplus is as under:
(a) Interim Bonus Paid 368 1,302 634 1,881
(b) Allocation of Bonus to policyholders - - - -
(c) Surplus / (Deficit) shown in the Revenue Account 69,111 178,063 (64,280) 11,249
(d) Total Surplus: [(a)+(b)+(c)] 69,479 179,365 (63,646) 13,130
FORM L-2-A-PL
PROFIT AND LOSS ACCOUNT FOR THE NINE MONTHS ENDED DECEMBER 31, 2018
Shareholders’ Account (Non-technical Account)

(Rs. '000)
Particulars Three months ended Nine months ended Three months ended Nine months ended
Amount transferred from Policyholders Account (Technical Account) - - - -
Income From Investments

(a) Interest, Dividends and Rent – Gross 10,944 31,513 7,399 28,942
(b) Profit on sale/redemption of investments - 9,369 2,776 11,003
(c) (Loss on sale/redemption of investments) - - - -
(d) Transfer/Gain on revaluation/change in fair value - - - -
(e) Amortisation of premium/discount on investments 9,496 19,516 1,336 1,007
Other Income - - 199 559

TOTAL (A) 20,440 60,398 11,710 41,511
Expenses other than those directly related to the insurance business 327,661 912,701 202,348 606,951
Bad debts written off - - - -
Provisions (Other than taxation)
(a) For diminution in the value of investments (net) 15,321 20,000 - -
(b) Provision for doubtful debts - 7 - -
(c) Others - - - -
Contribution to the Policyholders Account (Technical Account) - - -
TOTAL (B) 342,982 932,708 202,348 606,951
Profit/(Loss) before tax (322,542) (872,310) (190,638) (565,440)

Provision for Tax
Current tax - - - -
Profit/(Loss) after tax (322,542) (872,310) (190,638) (565,440)
APPROPRIATIONS
(a) Balance at the beginning of the year/period (5,133,844) (4,584,076) (3,888,624) (3,513,822)
(b) Interim dividends paid during the year/period - - - -
(c) Proposed final dividend - - - -
(d) Dividend distribution on tax - - - -
(e) Transfer to reserves/ other accounts - - - -
Profit/ (Loss) carried forward to the Balance Sheet (5,456,386) (5,456,386) (4,079,262) (4,079,262)
FORM L-3-A-BS
BALANCE SHEET AS AT DECEMBER 31, 2018

(Rs. '000)
Particulars Schedule As at As at As at
December 31, 2018 December 31, 2017 March 31, 2018
SOURCES OF FUNDS
Shareholders’ Funds
Share Capital L-8, L-9 14,549,459 14,358,439 14,426,194
Reserves And Surplus L-10 5,506,905 4,040,505 4,837,305
Credit/(Debit) Fair Value Change Account (Net) - 59 328
Sub-Total 20,056,364 18,399,003 19,263,827
Borrowings L-11 700,000 700,000 700,000

Policyholders’ Funds:
Credit/(Debit) Fair Value Change Account (Net) 5,335 28,220 6,203
Policy Liabilities 11,629,766 9,234,705 10,280,672
Insurance Reserves
Linked Liabilities 7,996,849 8,360,972 8,513,725
Fair value change (30,565) 60,021 (403,358)
Provision For Linked Liabilities 7,966,284 8,420,993 8,110,367
Sub-Total 20,301,385 18,383,918 19,097,242
Funds for Discontinued Policies

Discontinued on account of non-payment of premium 875,326 964,699 845,891
Others 10,788 11,325 7,813
Funds For Future Appropriations

Linked - 6 -
Non Linked 897,911 137,707 685,912
TOTAL 42,141,774 37,896,658 39,900,685
APPLICATION OF FUNDS
Investments
Shareholders’ L-12 1,132,784 887,817 1,417,536
Policyholders’ L-13 13,008,311 10,299,462 11,078,780
Assets Held To Cover Linked Liabilities L-14 8,852,399 9,397,023 8,964,071
Loans L-15 615,437 515,866 551,115
Fixed Assets L-16 252,155 158,985 203,926
Current Assets
Cash and Bank Balances L-17 331,400 196,336 471,706
Advances And Other Assets L-18 1,537,137 1,169,811 1,328,056
Sub-Total (A) 1,868,537 1,366,147 1,799,762
Current Liabilities L-19 1,975,534 1,317,918 1,602,288

Provisions L-20 22,125 23,459 15,783
Sub-Total (B) 1,997,659 1,341,377 1,618,071
Net Current Assets (C) = (A – B) (129,122) 24,770 181,691

Miscellaneous Expenditure L-21 - - -
(To the extent not written off or adjusted)
Debit Balance of Profit and Loss Account 5,456,386 4,079,262 4,584,077
Deficit in the Revenue Account (Policyholders' Account) 12,953,424 12,533,472 12,919,489
TOTAL 42,141,774 37,896,658 39,900,685
CONTINGENT LIABILITIES
(Rs. '000)
Particulars As at As at As at
Partly paid – up investments - - -
Claims, other than against policies, not acknowledged as debts by the - - -
Company
Underwriting commitments outstanding - - -
Guarantees given by or on behalf of the Company# 2,500 - 2,500
Statutory demands/ liabilities in dispute, not provided for * 81,454 94,724 94,724
Reinsurance obligations to the extent not provided for in accounts - - -
Others
In relation to Claims against policies** 57,457 36,372 49,027
Others*** 1,928 1,928 1,928
Total 143,339 133,024 148,179
*The Company’s pending litigations comprise of claims against the Company primarily by the customers and proceedings on show cause cum demand notices
received from the respective Tax authorities.
The Company has reviewed all its pending litigations and proceedings and has adequately provided for where provisions are required and disclosed the
contingent liabilities where applicable, in the financial statements. The Company has been advised by the experts that the grounds of appeal are well
supported in law and therefore does not expect the outcome of these proceedings to have a materially adverse effect on its financial results.
**In respect of litigations, where the management assessment of a financial outflow is probable, the Company has made a provision of Rs ,66,010 ('000) as at
December 31, 2018 (Nine months ended December 31, 2017 Rs. 56,834 ('000) and year ended March 31, 2018 Rs. 51,663 ('000)).
***Represents the amount towards the retrospective amendment of Payment of Bonus Act effective from April 1, 2014 for the financial year 2014-15.
# Guarantee in favour of Unique Identification Authority of India
SCHEDULES FORMING PART OF THE REVENUE ACCOUNT FOR THE NINE MONTHS ENDED DECEMBER 31, 2018
FORM L-4 PREMIUM SCHEDULE
PREMIUM
(Rs. '000)
First year premiums 259,759 727,175 308,480 789,335
Renewal premiums 1,004,168 2,675,766 873,182 2,299,740
Single premiums 3,458 43,325 301 14,287
TOTAL PREMIUM 1,267,385 3,446,266 1,181,963 3,103,362
FORM L-5 COMMISSION SCHEDULE

COMMISSION EXPENSES
(Rs. '000)
Commission paid
Direct - First year premiums 2,256 6,550 6,447 18,742
- Renewal premiums 5,573 17,475 6,203 15,501
- Single premiums - - 540 540
Total (A) 7,829 24,025 13,190 34,783
Add : Commission on Re-insurance Accepted - - - -
Less : Commission on Re-insurance Ceded - - - -
Net Commission 7,829 24,025 13,190 34,783
Break-up of Commission Expense (Gross) incurred to procure business

Agents 2,532 8,035 3,957 8,856
Brokers 1,498 5,277 1,462 1,300
Corporate Agencies 3,597 10,421 7,644 24,468
Web aggregators 202 292 127 155
Referrals - - 0 4
Total (B) 7,829 24,025 13,190 34,783
SCHEDULE FORMING PART OF THE REVENUE ACCOUNT FOR THE NINE MONTHS ENDED DECEMBER 31, 2018
FORM L-6-OPERATING EXPENSES SCHEDULE

OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
(Rs. '000)
Employees’ remuneration and welfare benefits 249,996 706,200 235,190 660,096

Travel, conveyance & vehicle running expenses 12,081 34,748 11,773 33,288
Training expenses 148 595 491 2,302
Rents, rates and taxes 20,346 62,660 31,312 96,406
Repairs 791 3,902 282 3,616
Printing and stationery 1,980 5,992 2,105 7,096
Communication expenses 2,536 12,383 5,139 14,031
Legal and professional charges 12,220 39,003 10,987 27,714
Medical fees 14,124 61,254 19,152 57,868
Auditors' fees, expenses etc
a) (i) as auditor 928 2,678 875 2,625
(ii) Out of Pocket expenses - - - 6
b) as adviser or in any other capacity, in respect of
(i) Taxation matters - - - -
(ii) Insurance matters - - - -
(iii) Management services; - - - -
c) in any other capacity 10 20 10 20
Advertisement, Marketing and publicity 163,232 347,596 129,540 381,104
Interest and bank charges 8,373 22,901 12,097 25,760
Depreciation/Amortisation 26,510 78,090 21,011 60,818
Others:
Information technology and related expenses 60,269 179,999 51,718 156,104
Business Processing Services 19,664 64,459 30,068 62,956
Office expenses 5,143 15,577 4,628 17,209
Recruitment 4,058 16,723 8,687 16,667
Other Miscellaneous expenses 926 6,343 4,568 10,276
Electricity 3,709 12,973 5,064 13,693
Sales and Business Promotion expenses 11,161 37,970 10,612 41,510
Goods and Services tax 289 439 (20) 2,545
Stamp Duty on Policies 17,750 59,070 18,427 48,370
Sub total 636,244 1,771,575 613,715 1,742,077
Contribution from Shareholders Account towards Expense of Management (303,409) (828,142) (194,385) (579,709)
TOTAL 332,835 943,433 419,331 1,162,369
SCHEDULE FORMING PART OF THE REVENUE ACCOUNT FOR THE NINE MONTHS ENDED DECEMBER 31, 2018
FORM L-7-BENEFITS PAID SCHEDULE

BENEFITS PAID [NET]
(Rs. '000)
Insurance Claims
(a) Claims by Death, 131,177 560,751 123,007 339,282
(b) Claims by Maturity, 27,965 34,969 142 302
(c) Annuities/Pensions payment, 32 119 28 105
(d) Other benefits
(i) Riders 9,079 37,222 243 11,003
(ii) Health 2,382 8,258 398 8,612
(iii) Surrenders 386,514 1,385,024 634,160 1,984,224
(iv) Partial Withdrawal 13,917 41,653 (8,025) 83,175
(v) Survival Benefits 145,255 242,449 69,807 79,881
(vi) Other Benefits - Investment income on unclaimed amount 7,971 21,212 5,522 15,629
(Amount ceded in reinsurance):

(a) Claims by Death, (73,597) (333,342) (53,078) (152,192)
(b) Claims by Maturity, - - - -
(c) Annuities/Pensions payment, - - - -
(d) Other benefits
(i) Riders (6,000) (22,352) - (4,279)
(ii) Health (1,194) (4,076) (199) (4,271)
(iii) Surrenders - - - -
(iv) Partial Withdrawal - - - -
Amount accepted in reinsurance :

(a) Claims by Death, - - - -
(b) Claims by Maturity, - - - -
(c) Annuities/Pensions payment, - - - -
(d) Other benefits - - - -
(i) Riders - - - -
(ii) Surrenders - - - -
TOTAL 643,501 1,971,887 772,005 2,361,472
SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018
FORM L-8-SHARE CAPITAL SCHEDULE

SHARE CAPITAL
(Rs. '000)
Authorised Capital 20,000,000 20,000,000 20,000,000

2,000,000,000 Equity shares of Rs 10 each
Issued Capital 14,658,439 14,358,439 14,658,439
1,465,843,855 Equity shares (December 31, 2017 - 1,435,843,855) (March 31,
2018 - 1,465,843,855) of Rs 10 each
Subscribed Capital 14,549,459 14,358,439 14,426,194
2018 - 1,442,619,365) of Rs 10 each
Called up Capital 14,549,459 14,358,439 14,426,194
2018 - 1,442,619,365) of Rs 10 each
Less: Calls unpaid - - -
Add: Shares forfeited (Amount originally paid up) - - -
Less: Par value of Equity Shares bought back - - -
Less: Preliminary Expenses - - -
TOTAL 14,549,459 14,358,439 14,426,194
FORM L-9-PATTERN OF SHAREHOLDING SCHEDULE

PATTERN OF SHAREHOLDING
[As certified by the Management]
Particulars As at December 31, 2018 As at December 31, 2017 As at March 31, 2018
Number of shares % Number % Number %
of Holding of shares of Holding of shares of Holding
Promoters
- Indian
Bennett Coleman & Co. Limited 681,130,000 47% 681,130,000 47% 681,130,000 48%
Aegon Life Insurance Employee Benefits Trust 60,892,409 4% 51,150,368 4% 54,605,878 3%
- Foreign
Aegon India Holdings B.V. and its nominees 712,923,487 49% 703,563,487 49% 706,883,487 49%
TOTAL 1,454,945,896 100% 1,435,843,855 100% 1,442,619,365 100%
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018
FORM L-10-RESERVES AND SURPLUS SCHEDULE

RESERVES AND SURPLUS
(Rs. '000)
Particulars As at As at As at As at As at As at
December 31, 2018 December 31, 2018 December 31, 2017 December 31, 2017 March 31, 2018 March 31, 2018
Capital Reserve - - -
Capital Redemption Reserve - - -
Share Premium
Opening balance 4,837,305 - 3,969,868 - 3,969,868 -
Add: Additions during the year 669,600 - 70,637 - 867,437 -
Less: Utilized during the year - 5,506,905 - 4,040,505 - 4,837,305
Revaluation Reserve - - -
General Reserves - - - - - -
Less: Debit balance in Profit and Loss Account - - - - - -
Less: Amount utilized for Buy-back - - - - - -
Catastrophe Reserve - - -
Other Reserves - - -
Balance of profit in Profit and Loss Account - - -
TOTAL 5,506,905 4,040,505 4,837,305
FORM L-11-BORROWINGS SCHEDULE

BORROWINGS
(Rs. '000)
Debentures/Bonds 700,000 700,000 700,000
Banks - - -
Financial Institutions - - -
Others - - -
TOTAL 700,000 700,000 700,000
FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE

INVESTMENTS-SHAREHOLDERS
(Rs. '000)
LONG TERM INVESTMENTS
Government Securities and Government guaranteed bonds including 445,894 447,690 447,171
Treasury Bills
Other Approved Securities - - -
Approved Investments
(a) Shares
(aa) Equity - - -
(bb) Preference - - -
(b) Mutual Funds - - -
(c) Derivative Instruments - - -
(d) Debentures/ Bonds - - -
(e) Other Securities - - -
(f) Subsidiaries - - -
(g) Investment Properties-Real Estate - - -
Investments in Infrastructure and Social Sector 70,967 70,967 70,967
Other Investments
Equity Shares - - -
Debentures/ Bonds - - -
SHORT TERM INVESTMENTS

Government Securities and Government guaranteed bonds including - - -
Treasury Bills
(a) Shares
(aa) Equity - - -
(b) Mutual Funds - 169,160 299,628
(d) Debentures/ Bonds 38,941 - -
(e) Other Securities 556,978 200,000 599,770
Investments in Infrastructure and Social Sector 20,004 - -
Other Investments
Equity Shares - - -
Mutual funds - - -
TOTAL 1,132,784 887,817 1,417,536
Note:
i) Aggregate book value and market value of long term investments other than equity shares is Rs. 516,867 ('000) (At December 31,2017
Rs. 518,663 ('000) and At March 31,2018 Rs. 518,144 ('000)) and Rs. 505,365 ('000) (At December 31,2017 Rs. 504,814 ('000) and at March
31,2018 Rs. 500,413 ('000)) respectively.
ii) Aggregate book value and market value of Short term investments other than equity shares is Rs. 615,923 ('000) (At December 31,2017
Rs. 369,160 ('000) and at March 31,2018 Rs. 499,628 ('000)) and Rs.615,924 ('000) (At December 31,2017 Rs. 369,160 ('000) and at March
31,2018 Rs. 499,628 ('000)) respectively.
FORM L-13-INVESTMENTS POLICYHOLDERS SCHEDULE

INVESTMENTS-POLICYHOLDERS
(Rs. '000)
Government Securities and Government guaranteed bonds including 7,224,369 5,871,230 6,123,578
Treasury Bills
Other Approved Securities 866,442 426,896 522,243
(a) Shares
(aa) Equity - - -
(d) Debentures/ Bonds 999,168 300,466 699,634
(e) Other Securities - - -
Investments in Infrastructure and Social Sector 3,150,865 3,083,643 2,992,798
Other Investments
Equity Shares - - -

Treasury Bills
(a) Shares
(aa) Equity 164,478 276,333 253,354
(b) Mutual Funds - 231,612 247,101
(d) Debentures/ Bonds - - -
(e) Other Securities 483,353 9,376 26,623
Other Investments
Equity Shares 61,825 14,490 12,536
Investments in Infrastructure Sector - - -
Mutual funds - - -
TOTAL 13,008,311 10,299,462 11,078,780
Note:
i) Aggregate book value and market value of long term investments other than equity shares is Rs. 12,240,849 ('000) (At December 31,2017
Rs. 9,591,439 ('000) and at March 31,2018 Rs.9,807,287 ('000)) and Rs.12,439,902 ('000) (At December 31,2017 Rs. 9,784,333 ('000) and at
March 31,2018 Rs. 9,728,949 ('000)) respectively.
ii) Aggregate book value and market value of Short term investments other than equity shares is Rs. 514,311 ('000) (At December 31,2017
Rs. 347,251 ('000) and at March 31,2018 Rs. 366,168 ('000)) and Rs. 514,330 ('000) (At December 31,2017 Rs. 349,642 ('000) and at March
31,2018 Rs. 370,385 ('000)) respectively.
FORM L-14-ASSETS HELD TO COVER LINKED LIABILITIES SCHEDULE

ASSETS HELD TO COVER LINKED LIABILITIES
(Rs. '000)
Treasury Bills
Other Approved Securities 51,859 254,728 253,675
(a) Shares
(aa) Equity - - -
(d) Debentures/ Bonds 318,624 383,598 378,297
(e) Other Securities* - - -
Other Investments
Equity Shares - - -

Government Securities and Government guaranteed bonds including 1,115,211 961,960 810,975
Treasury Bills
Other Approved Securities 150,886 - -
(a) Shares
(aa) Equity 4,130,811 4,384,698 4,235,246
(b) Mutual Funds - 204,803 179,967
(d) Debentures/ Bonds 58,451 - -
(e) Other Securities* 417,631 275,814 537,413
Investments in Infrastructure and Social Sector 938,599 1,112,189 823,890
Other Investments
Equity Shares 372,295 243,245 131,499
Mutual Fund 265,076 384,481 281,672
Investments in Infrastructure Sector - - -
Net Current assets 45,758 56,733 266,929
TOTAL 8,852,399 9,397,023 8,964,071
Note:
i) Aggregate book value and market value of long term investments other than equity shares is Rs.1,338,454 ('000) (At December 31,2017 Rs.
1,756,526 ('000) and at March 31,2018 Rs. 1,350,828 ('000)) and Rs. 1,357,681 ('000) (At December 31,2017 Rs. 1,773,100 ('000)and at March
31,2018 Rs. 1,323,034 ('000)) respectively.
ii) Aggregate book value and market value of Short term investments other than equity shares is Rs. 2,031,748 ('000) (At December 31,2017 Rs.
1,799,274 ('000) and at March 31,2018 Rs. 652,013 ('000)) and Rs. 2,047,299 ('000) (At December 31,2017 Rs. 1,828,081 ('000) and at March
31,2018 Rs. 1,372,586 ('000)) respectively.
* Other Securities include the Bank Fixed Deposits.
FORM L-15-LOANS SCHEDULE

LOANS
(Rs. '000)
SECURITY-WISE CLASSIFICATION
Secured
(a) On mortgage of property
(aa) In India - - -
(bb) Outside India - - -
(b) On Shares, Bonds, Govt. Securities etc. - - -
(c) Loans against policies 6,513 4,362 5,056
(d) Others - - -
Unsecured 608,924 511,504 546,059
Total 615,437 515,866 551,115
BORROWER-WISE CLASSIFICATION
(a) Central and State Governments - - -
(b) Banks and Financial Institutions - - -
(c) Subsidiaries - - -
(d) Companies - - -
(e) Loans against policies 6,513 4,362 5,056
(f) Others 608,924 511,504 546,059
Total 615,437 515,866 551,115
PERFORMANCE-WISE CLASSIFICATION
(a) Loans classified as standard
(aa) In India 615,437 515,866 551,115
(b) Non-standard loans less provisions
(aa) In India - - -
Total 615,437 515,866 551,115
MATURITY-WISE CLASSIFICATION
(a) Short Term - - -
(b) Long Term 615,437 515,866 551,115
- -
Total 615,437 515,866 551,115
FORM L-16-FIXED ASSETS SCHEDULE

FIXED ASSETS
(Rs. '000)
Particulars Gross Block (at cost) Depreciation/ Amortisation Net Block
As at As at As at As at
As at Additions / As at Additions / On Sales / As at
Deletions December 31, December 31, December 31, December 31,
April 1, 2018 Adjustments April 1, 2018 Adjustments Adjustments March 31, 2018
2018 2018 2018 2017
Intangible Assets
Goodwill - - - - - - - - - - -
Software 921,315 32,260 - 953,575 785,741 60,206 - 845,947 107,628 115,611 135,574
Tangible Assets - - - -
Leasehold improvements 45,107 3,319 1,955 46,471 12,997 13,167 1,955 24,209 22,262 126 32,110
Furniture and Fittings 6,954 307 281 6,980 6,250 618 281 6,587 393 1,270 704
Information Technology Equipment 84,161 7,846 1,954 90,053 78,450 2,799 1,954 79,295 10,758 3,121 5,711
Vehicles 276 - - 276 275 - - 275 - - -
Office Equipment 17,659 2,820 1,029 19,450 13,787 1,300 903 14,184 5,266 2,821 3,872
Total 1,075,472 46,552 5,219 1,116,805 897,500 78,090 5,093 970,497 146,307 122,949 177,971
Capital Work In Progress - (including capital advances) 25,955 105,848 105,848 36,036 25,955
TOTAL 1,101,427 46,551 5,219 1,222,652 897,501 78,090 5,094 970,497 252,155 158,985 203,926
As on December 31, 2017 984,531 76,478 8,298 1,046,047 833,848 60,818 7,604 887,062 158,985
As on March 31, 2018 941,831 159,257 25,617 1,075,472 833,848 87,973 24,320 897,501 203,926
FORM L-17-CASH AND BANK BALANCE SCHEDULE

CASH AND BANK BALANCES
(Rs. '000)
Cash including cheques on hand, drafts and stamp in hand 62,506 12,079 91,619
Bank Balances
(a) Deposit Accounts - - -
(aa) Short-term (due within 12 months of the date of balance sheet) - - -
(bb) Others - - -
(b) Current Accounts 268,894 184,257 380,087
(c) Others - - -
Money at Call and Short Notice
(a) With Banks - - -
(b) With other Institutions - - -
Others - - -
TOTAL 331,400 196,336 471,706
Balances with non-scheduled banks - - -
CASH AND BANK BALANCES

In India 331,400 196,336 471,706
Outside India - - -
TOTAL 331,400 196,336 471,706
FORM L-18-ADVANCES AND OTHER ASSETS SCHEDULE

ADVANCES AND OTHER ASSETS
(Rs. '000)
ADVANCES
Reserve deposits with ceding companies - - -
Application money for investments - - -
Prepayments 21,801 18,014 35,175
Advances to Directors/Officers - - -
Advance tax paid and taxes deducted at source 491 1,001 432
(Net of provision for taxation)
Others
Advances to Suppliers
Gross 175,433 174,096 169,291
Less: Provision for doubtful advances (169,519) (168,892) (169,374)
Net 5,914 5,204 (83)
Advances to Employees 807 1,348 1,146
TOTAL (A) 29,013 25,567 36,670
OTHER ASSETS
Income accrued on investments 272,073 269,324 287,731
Income accrued on policy loans 728 343 431
Outstanding Premiums 104,039 95,736 174,565
Agents’ Balances
Gross 45,147 1,645 45,148
Less: Provision for doubtful agent's balances (44,825) - (44,381)
Net 322 1,645 767
Foreign Agencies Balances - - -
Due from other entities carrying on insurance business (including reinsurers) 227,182 135,291 155,191
Due from subsidiaries/ holding company - - -
Deposit with Reserve Bank of India - - -
[Pursuant to section 7 of Insurance Act, 1938]
Others
Refundable Security Deposits 100,513 105,426 90,734
Service Tax Unutilised Credit - 21,041 -
Outstanding sale pending settlement 272,951 568 11,712
Less: Provision for diminution of investments (20,000) - -
252,951 568 11,712
Goods & Service Tax Unutilised Credit 54,489 100,041 142,593
Management fees receivable 10,571 10,789 333
Sundry Debtors
Gross 19,924 7,227 22,440
Less: Provision for Sundry debtors (65) (230) (58)
Net 19,859 6,997 22,382
Gratuity - Plan Assets - - 1,331
Assets towards Unclaimed amount of Policyholders-Principal 409,059 367,217 368,490
Accrued Interest on unclaimed amount of the policyholders 56,338 29,826 35,126
Total Unclaimed amount of the Policyholders 465,397 397,043 403,616
TOTAL (B) 1,508,124 1,144,244 1,291,386
TOTAL (A+B) 1,537,137 1,169,811 1,328,056
SCHEDULES FORMING PART OF BALANCE SHEET AS AT DECEMBER 31, 2018
FORM L-19-CURRENT LIABILITIES SCHEDULE

CURRENT LIABILITIES
(Rs. '000)
Agents’ Balances 32,685 30,013 36,274

Balances due to other insurance companies - - -
Deposits held on re-insurance ceded - - -
Premiums received in advance 30,700 24,284 11,353
Unallocated premium 58,145 46,007 46,524
Sundry creditors 640,223 419,248 656,347
Due to subsidiaries/ holding company - - -
Claims Outstanding 120,564 55,026 72,117
Due to Directors/Officers - - -
Others:
Premium / proposal deposits to be refunded 6,120 - 23,414
Outstanding purchase pending settlement 300,640 3,772 41,364
Book Overdraft - - -
Others (includes statutory dues payable and payables to 29,077 40,941 45,587
employees)
Service Tax payable - (77) -
Goods & Service Tax payable 35,205 33,704 50,353
Reinsurance Premium Payable 256,778 208,276 215,339
Management fee payable - 80 -
Unclaimed amount of the Policyholders-Principal 409,059 426,818 368,490
Accrued Interest on unclaimed amount of the policyholders 56,338 29,826 35,126
Total Unclaimed amount of the Policyholders 465,397 456,644 403,616
TOTAL 1,975,534 1,317,918 1,602,288
FORM L-20-PROVISIONS SCHEDULE

PROVISIONS
(Rs. '000)
For taxation (less payments and taxes deducted at source) - - -

For proposed dividends - - -
For dividend distribution tax - - -
Others:
Provision for Gratuity 5,269 8,202 -
Provision for Long Term Compensated Absence 16,856 15,257 15,783
TOTAL 22,125 23,459 15,783
FORM L-21-MISCELLANEOUS EXPENDITURE SCHEDULE

MISCELLANEOUS EXPENDITURE
(To the extent not written off or adjusted )
(Rs. '000)
As at As at As at
Particulars
Discount Allowed in issue of shares/ debentures - - -
Others - - -
TOTAL - - -
FORM L-22: ANALYTICAL RATIOS
Insurer: Aegon Life Insurance Company Limited 31-Dec-18
Analytical Ratios for Life Companies

Three months ended Nine months ended Three months ended Nine months ended
Sl.No. Particulars
1 New business premium income growth rate - segment wise
Participating Individual -49% -48% 29% 3%
Participating Pension 0% 0% 0% 0%
Non - Participating Individual 1% 11% 116% 108%
Non - Participating Group 63% 268% 0% 0%
Non - Participating Annuity -100% -100% 100% 100%
Non - Participating Health -71% -64% -36% -11%
Linked Pension -100% -89% 100% 0%
Linked Life -18% -17% 75% 121%
Linked Group Gratuity 0% 0% 0% 0%
2 Net Retention Ratio 90% 89% 91% 90%
3 Expense of Management to Gross Direct Premium Ratio 27% 28% 37% 39%
4 Commission Ratio (Gross commission paid to Gross Premium) 1% 1% 1% 1%
5 Ratio of policy holder's liabilities to shareholder's funds 1299% 1299% 1052% 1052%
6 Growth rate of shareholders' fund * 18% -6% -30% -24%
7 Ratio of surplus to policyholders' liability 0% 1% 0% 0%
8 Change in net worth (Rs '000) (95,417) (113,708) (268,652) (554,407)
9 Profit after tax/Total Income -16% -16% -14% -12%
10 (Total real estate + loans)/(Cash & invested assets) 3% 3% 2% 2%
11 Total investments/(Capital + Surplus) -617% 1396% -283% 1152%
12 Total affiliated investments/(Capital+ Surplus) 0% 0% 0% 0%
13 Investment Yield (Gross and Net)
(i) With unrealized gains /losses
- Policyholders' Funds :
Participating 26% 8% -2% 6%
Non Participating 46% 11% -7% 4%
Pension Participating 17% 7% 1% 6%
Unit Linked 4% 7% 22% 15%
- Shareholders' Funds : 13% 6% -2% 4%
(ii) Without unrealized gains /losses
- Policyholders' Funds :
Participating 9% 9% 8% 10%
Non Participating 8% 8% 7% 9%
Pension Participating 7% 7% 7% 7%
Unit Linked 2% 6% 12% 8%
- Shareholders' Funds : 0% 5% 7% 7%
14 Conservation Ratio 85% 87% 74% 74%
15 Persistency Ratio ** ^ #
By annualized Premium
For 13th month 71% 77% 79% 72%
For 25th month 69% 64% 44% 43%
For 37th month 38% 38% 25% 30%
For 49th Month 23% 28% 40% 47%
for 61st month 36% 42% 40% 36%
By no.of policies
For 13th month 76% 80% 80% 74%
For 25th month 72% 67% 50% 51%
For 37th month 46% 47% 48% 49%
For 49th Month 46% 47% 54% 57%
for 61st month 51% 54% 49% 47%
16 NPA Ratio
Gross NPA Ratio NA NA NA NA
Net NPA Ratio NA NA NA NA
17 Solvency Ratio 1.99 1.99 1.66 2.01
Equity Holding Pattern for Life Insurers

1 (a) No. of shares 1,454,945,896 1,454,945,896 1,435,843,855 1,435,843,855
(b) Percentage of shareholding (Indian / Foreign)
2 - Indian 51% 51% 51% 51%
- Foreign 49% 49% 49% 49%
3 ( c) %of Government holding (in case of public sector insurance companies) NA NA NA NA
(a) Basic and diluted EPS before extraordinary items (net of tax expense) for the period (not to be
4 (0.18) (0.50) (0.18) (0.40)
annualized) (Rs.)
(b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period (not to be
5 (0.18) (0.50) (0.18) (0.40)
annualized) (Rs.)
6 (iv) Book value per share (Rs.) 1.13 1.13 1.24 1.24
* The growth rate in share holders fund is the absolute incremental growth from the year ended 31st March 2018 (in case of Nine months ended) and from 30th Sept 2018 (in case of Three Months)
** Persistency for the respective period i.e. Quarterly & YTD (Year to date) is the ratio of in-force policies at end of reporting period to the policies issued for the investigation period. For example, 13 month
persistency for quarter ended June 30, 2018 represents the ratio of in-force policies as at July 31, 2018 to the policies issued during April 01, 2018 to June 30, 2018.
^ Persistency numbers are calculated for the Retail business only.
# Persistency numbers have been calculated in accordance with the methodology in the circular on persistency (IRDA/ACT/CIR/MISC/035/01/2014) from the Insurance Regulatory and Development Authority of
India and hence are on non-reducing basis.
RECEIPTS AND PAYMENTS ACCOUNT FOR THE NINE MONTHS ENDED DECEMBER 31, 2018
FORM L-23-RECEIPTS AND PAYMENTS SCHEDULE

(Rs. '000)
CASH FLOWS FROM OPERATING ACTIVITIES
Premium collected from Policyholders, including advances receipts 1,276,645 3,530,466 1,208,311 3,286,253
Payments to reinsurers (net of claims) 22,010 (41,681) (61,173) (34,193)
Payment for operating expenses (534,071) (1,834,196) (564,454) (1,776,189)
Payments for Policyholders' Benefits (720,777) (2,284,513) (1,184,512) (2,865,186)
Payment of Commission (6,964) (27,170) (10,873) (41,569)
Deposits, Advances and Staff Loans refunded / (paid) (8,353) (9,440) (10,795) (9,521)
Taxes paid (56) (59) (51) (131)
Service tax collected (paid) (9,971) 43,136 779 (50,982)
Net cash used in operating activities 18,463 (623,457) (622,767) (1,491,518)
CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Fixed Assets (54,533) (102,044) (29,745) (64,475)
Proceeds from sale of Fixed Assets 102 444 - 528
Purchase of Investments (5,223,157) (14,482,886) (6,200,460) (11,918,044)
Proceeds from sale of Investments 4,085,878 13,422,200 5,583,308 12,036,407
Investments in money market instruments and in liquid mutual funds (Net) 665,645 (5,830) 367,960 (232,618)
Loans given to policyholders (254) (1,457) (673) (1,421)
Other loans (8,743) (62,865) - (30,561)
Interest, Rent and dividend received 329,790 908,633 213,966 734,975
Expenses related to Investments (1,239) (3,784) (1,395) (3,415)
Net cash used in investing activities (206,511) (327,589) (67,038) 521,376
CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from issuance of share capital 17,143 123,265 - 59,924
Proceeds from issuance of Non convertible debenture - - 700,000 700,000
Share Premium 201,600 669,600 - 70,637
Net cash from financing activities 218,743 792,865 700,000 830,561
Net increase in cash and cash equivalent 30,695 (158,181) 10,195 (139,581)
Cash and cash equivalent at the beginning of the period 307,010 495,886 192,808 342,584
Cash and cash equivalent at the end of the period 337,705 337,705 203,003 203,003
1. The above Receipts and Payments Account has been prepared as prescribed by Insurance Regulatory and Development Authority (Preparation of Financial Statements and Auditor's Report
of Insurance Companies) Regulations, 2002 under the "Direct Method" laid out in Accounting standard - 3 on Cash Flow Statements.
2. Cash and Cash equivalent at the end of the period comprises of the following Balance sheet amounts :
(Rs. In '000)
Particulars As at As at
December 31, 2018 December 31, 2017
Cash (including cheques, drafts, stamps in hand) 62,506 12,079
Bank Balances (Other than unit linked funds) 268,894 184,257
Bank Balances in Unit Linked Funds 6,305 6,667
Total 337,705 203,003
FORM L-24: VALUATION OF NET LIABILITIES
Insurer: Aegon Life Insurance Company Limited

31-Dec-18
(Rs in Lakhs)
Valuation of net liabilities
As at As at As at
Sl.No. Particular
1 Linked
a) Life 85,629 89,848 86,348
b) General Annuity - - -
c) Pension 3,823 4,705 4,081
d) Health - - -
2 Non-Linked
a) Life 114,915 91,305 101,544
b) General Annuity 30 27 30
c) Pension 265 242 264
d) Health 161 190 180
FORM L-25-(I): GEOGRAPHICAL DISTRIBUTION CHANNEL - INDIVIDUALS
Insurer: Aegon Life Insurance Company Limited Date: 31-Dec-18

(Rs in Lakhs)
Geographical Distribution of Total Business - Individual - Nine months ended December 31, 2018
Rural Urban Total Business
( Individual) (Individual ) (Individual )
Sl.No. State / Union Territory
No. of No. of Premium Sum No. of No. of Premium Sum Assured No. of No. of Premium Sum Assured
Policies Lives Assured Policies Lives Policies Lives
1 Andhra Pradesh - - (0) - 119 104 32 8,018 119 104 32 8,018
2 Arunachal Pradesh - - - - - - - - - - - -
3 Assam - - (0) (8) (9) (7) (1) (16) (9) (7) (1) (24)
4 Bihar - - - - - - - - - - - -
5 Chattisgarh (1) (1) (0) (2) (3) (2) (1) (8) (4) (3) (1) (10)
6 Goa 1 1 0 100 65 47 46 2,338 66 48 46 2,438
7 Gujarat - - 1 0 784 561 523 22,516 784 561 524 22,516
8 Haryana 3 3 1 6 107 84 46 6,101 110 87 47 6,107
9 Himachal Pradesh - - - - (1) (1) - (2) (1) (1) - (2)
10 Jammu & Kashmir - - 0 - - - 0 - - - 0 -
11 Jharkhand 2 2 (0) 2 (7) (5) 15 (23) (5) (3) 15 (21)
12 Karnataka (3) (1) (6) (55) 441 355 265 33,819 438 354 259 33,764
13 Kerala - - - - 3 3 6 75 3 3 6 75
14 Madhya Pradesh - - - - 152 92 67 7,977 152 92 67 7,977
15 Maharashtra 6,066 6,050 65 20,739 25,118 23,055 3,331 1,940,939 31,184 29,105 3,396 1,961,678
16 Manipur - - - - - - - - - - - -
17 Meghalaya - - - - - - - - - - - -
18 Mizoram - - - - - - - - - - - -
19 Nagaland - - - - - - - - - - - -
20 Orissa 24 22 1 128 144 98 91 5,182 168 120 92 5,310
21 Punjab 2 (1) 2 1 163 95 105 7,927 165 94 107 7,928
22 Rajasthan 3 2 (0) 2 138 110 52 7,070 141 112 52 7,072
23 Sikkim - - - - - - - - - - - -
24 Tamil Nadu (1) (1) 0 (1) 756 556 485 34,626 755 555 485 34,625
25 Telangana 1 1 0 50 583 514 325 38,496 584 515 325 38,546
26 Tripura - - - - - - - - - - - -
27 Uttar Pradesh 20 20 4 197 729 553 624 17,204 749 573 628 17,401
28 UttraKhand - - - - - - 0 - - - 0 -
29 West Bengal 21 21 6 19 332 200 315 5,866 353 221 321 5,885
30 Andaman & Nicobar Islands - - - - - - - - - - - -
31 Chandigarh (1) (3) 0 (10) 127 66 91 6,216 126 63 91 6,206
32 Dadra & Nagrahaveli - - - - - - - - - - - -
33 Daman & Diu - - - - - - - - - - - -
34 Delhi (4) (3) 1 13 366 283 141 21,312 362 280 142 21,325
35 Lakshadweep - - - - - - - - - - - -
36 Pondicherry - - - - - - - - - - - -
Total 6,133 6,112 77 21,181 30,107 26,761 6,557 2,165,634 36,240 32,873 6,634 2,186,815
FORM L-25-(II): GEOGRAPHICAL DISTRIBUTION CHANNEL - GROUP

(Rs in Lakhs)
Geographical Distribution of Total Business - Group - Nine months ended December 31, 2018
Rural Urban Total Business
(Group) (Group) (Group)
Sl.No. State / Union Territory
No. of No. of Premium Sum Assured No. of No. of Lives Premium Sum Assured No. of No. of Premium Sum Assured
Policies Lives Policies Policies Lives
1 Andhra Pradesh - - - - - - - - - - - -
2 Arunachal Pradesh - - - - - - - - - - - -
3 Assam - - - - - - - - - - - -
4 Bihar - - - - - - - - - - - -
5 Chattisgarh - - - - - - - - - - - -
6 Goa - - - - - - - - - - - -
7 Gujarat - - - - - - - - - - - -
8 Haryana - - - - - - - - - - - -
9 Himachal Pradesh - - - - - - - - - - - -
10 Jammu & Kashmir - - - - - - - - - - - -
11 Jharkhand - - - - - - - - - - - -
12 Karnataka - - - - - - - - - - - -
13 Kerala - - - - - - - - - - - -
14 Madhya Pradesh - - - - - - - - - - - -
15 Maharashtra - - - - 40 88,135 1,071 690,280 40 88,135 1,071 690,280
16 Manipur - - - - - - - - - - - -
17 Meghalaya - - - - - - - - - - - -
18 Mizoram - - - - - - - - - - - -
19 Nagaland - - - - - - - - - - - -
20 Orissa - - - - - - - - - - - -
21 Punjab - - - - - - - - - - - -
22 Rajasthan - - - - - - - - - - - -
23 Sikkim - - - - - - - - - - - -
24 Tamil Nadu - - - - - - - - - - - -
25 Telangana - - - - - - - - - - - -
26 Tripura - - - - - - - - - - - -
27 Uttar Pradesh - - - - - - - - - - - -
28 UttraKhand - - - - - - - - - - - -
29 West Bengal - - - - - - - - - - - -
30 Andaman & Nicobar Islands - - - - - - - - - - - -
31 Chandigarh - - - - - - - - - - - -
32 Dadra & Nagrahaveli - - - - - - - - - - - -
33 Daman & Diu - - - - - - - - - - - -
34 Delhi - - - - - - - - - - - -
35 Lakshadweep - - - - - - - - - - - -
36 Pondicherry - - - - - - - - - - - -
Total - - - - 40 88,135 1,071 690,280 40 88,135 1,071 690,280
FORM L-26: INVESTMENT ASSETS (LIFE INSURERS)-3A PART - A
Company Name & Code: Aegon Life Insurance Company Limited - 138
Statement as on : December 31, 2018
Statement of Investment Assets (Life Insurers)
(Business within India)
Periodicity of Submission: Quarterly Rs.in Lakhs
Total Application as per Balance Sheet (A) 421,417.73 Reconciliation of Investment Assets
Add (B) Total Investment Assets (as per Balance Sheet) 229,934.95
Provisions Sch-14 221.25 Balance Sheet Value of:
Current Liabilities Sch-13 19,755.34 A. Life Fund 140,736.22
19,976.59 B. Pension & Gen Annuity Fund 674.75
Less (C ) C. Unit Linked Funds 88,523.99
Debit Balance in P& L A/c 184,098.10 229,934.95
Loans Sch-09 6,154.37
Adv & Other Assets Sch-12 15,371.37
Cash & Bank Balance Sch-11 3,314.00
Fixed Assets Sch-10 2,521.55
Misc Exp. Not Written Off Sch-15 -
Funds available for Investments 229,934.95
NON - LINKED BUSINESS

SH PH
Book Value
UL-Non
Balance FRSM PAR NON PAR (SH+PH)
A. LIFE FUND % as per Reg Unit Res Actual % FVC Amount Total Fund Market Value
F=
(a) (b) (c) (d) (e)
[b+c+d+e]
Not Less than
1 G. Sec - 4,458.94 915.83 20,992.12 47,327.28 73,694.17 52.38% - 73,694.17 75,797.11
25%
Not Less than
2 G.Sec or Other Approved Securities (incl (i) above) - 4,458.94 921.53 32,380.93 47,622.13 85,383.54 60.69% - 85,383.54 87,271.09
50%
3 Investment subject to Exposure Norms
a. Housing & Infrastructure - - - - - - - - - -

1. Approved Investments Not Less than - 909.77 52.94 29,928.45 2,736.01 33,627.17 23.90% 30.51 33,657.68 33,741.20
2. Other Investments 15% - - - - - - 0.00% - - -
b. i) Approved Investments Not exceeding - 5,959.19 9.49 12,779.01 2,325.98 21,073.67 14.98% 3.08 21,076.75 20,965.19
ii) "Other Investments" not to exceed 15% 35% - - - 598.49 - 598.49 0.43% 19.76 618.25 618.25
TOTAL LIFE FUND 100% - 11,327.90 983.97 75,686.88 52,684.12 140,682.87 100.00% 53.35 140,736.22 142,595.73
PH
B. PENSION AND GENERAL ANNUITY FUND % as per Reg Book Value Actual % FVC Amount Total Fund Market Value
PAR NON PAR
1 G. Sec Not Less than 20% 293.09 - 293.09 43.44% - 293.09 308.55
2 G.Sec or Other Approved Securities (incl (i) above) Not Less than 40% 293.09 - 293.09 43.44% - 293.09 308.55
3 Balance in Approved investment Not Exceeding 60% 381.66 - 381.66 56.56% - 381.66 382.48
TOTAL PENSION, GENERAL ANNUITY FUND 100% 674.75 - 674.75 100.00% - 674.75 691.03
LINKED BUSINESS
PH
C. LINKED FUNDS % as per Reg Total Fund Actual %
PAR NON PAR
1 Approved Investment Not Less than 75% - 82,150.27 82,150.27 92.80%
2 Other Investments Not More than 25% - 6,373.71 6,373.71 7.20%

TOTAL LINKED INSURANCE FUND 100% - 88,523.99 88,523.99 100.00%
CERTIFICATION:
Certified that the information given here in are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed.
* Other Investments consists of ILFS Commercial Paper which pursuant to Rating downgrade from A1+ to D has been categorised in other Investment. Currently on this instrument no default of principal / interest has been made however, due
to rating downgrade, It has been valued at a discount of 25% to the face value on a prudent basis.
Date: Chief Financial Officer

FORM L-27: UNIT LINKED BUSINESS-3A
Unit Linked Insurance Business PART - B

Company Name & Code: Aegon Life Insurance Company Limited - 138
Periodicity of Submission : Quarterly Link to Item 'C' of FORM 3A (Part A) Par / Non-Par
Rs. Lakhs
ENHANCED EQUITY BALANCED CONSERVATIVE DEBT SECURED PENSION ENHANCED PENSION BALANCED PENSION DEBT PENSION SECURED ACCELERATOR STABLE DISCONTINUED POLICY
PARTICULARS PENSION INDEX FUND NAV PROTECTOR FUND BLUE CHIP FUND OPPORTUNITY FUND GROUP GRATUITY FUND TOTAL
FUND FUND FUND FUND FUND EQUITY FUND FUND FUND FUND FUND FUND FUND
Opening Balance (Market Value) 12,126.60 2,734.03 30.87 12,155.20 3,574.14 1,715.30 364.29 746.69 179.20 986.17 7,697.16 19,024.38 2,013.74 6,636.46 5,838.91 9,549.70 2,896.82 88,269.67
Add: Inflow during the Quarter 400.13 86.11 0.43 790.01 398.54 76.39 12.69 36.48 40.54 83.28 2.24 940.66 91.51 989.69 1,052.34 437.77 265.27 5,704.07
Increase / (Decrease) Value of Inv [Net] 231.46 42.52 0.40 153.03 (12.59) 31.89 5.68 6.66 2.67 21.73 200.04 220.68 29.75 108.49 (214.96) 140.00 51.62 1,019.05
Less: Outflow during the Quarter 1,023.34 261.01 2.56 895.02 301.91 128.85 33.24 80.13 41.26 129.47 370.97 1,187.35 151.79 245.10 361.89 1,012.46 170.09 6,396.43
TOTAL INVESTIBLE FUNDS (MKT VALUE) 11,217.56 2,440.18 29.62 12,411.78 3,423.80 1,612.71 348.72 710.68 186.28 939.96 7,207.88 18,831.82 1,983.97 8,223.98 7,167.40 8,906.88 2,880.77 88,523.99
ENHANCED EQUITY BALANCED CONSERVATIVE DEBT SECURED PENSION ENHANCED PENSION BALANCED PENSION DEBT PENSION SECURED ACCELERATOR STABLE DISCONTINUED POLICY
PENSION INDEX FUND NAV PROTECTOR FUND BLUE CHIP FUND OPPORTUNITY FUND GROUP GRATUITY FUND TOTAL
FUND FUND FUND FUND FUND EQUITY FUND FUND FUND FUND FUND FUND FUND
INVESTMENT OF UNIT FUND
Actual
Actual Inv. % Actual Actual Inv. % Actual % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual Actual Inv. % Actual
Inv.
Approved Investments (>=75%)
Central Govt Securities - - 112.29 4.60 21.19 71.55 5,088.52 41.00 129.91 3.79 - - 48.67 13.96 284.59 40.04 - - - - - - - - 39.48 1.99 - - - - - - - - 5,724.64 6.47
State Governement Securities - - - - - - - - 1,388.02 40.54 - - 40.28 11.55 - - 60.42 32.43 - - - - - - 20.14 1.02 - - - - - - - - 1,508.86 1.70
Other Approved Securities - - 311.22 12.75 - - - - - - - - 14.57 4.18 11.14 1.57 - - - - - - - - 181.65 9.16 - - - - - - - - 518.58 0.59
Corporate Bonds - - 139.87 5.73 - - 2,810.08 22.64 - - - - - - 117.91 16.59 - - - - - - - - 118.38 5.97 - - - - - - - - 3,186.24 3.60
Infrastructure Bonds* - - 347.35 14.23 - - 3,275.66 26.39 597.28 17.45 - - 9.76 2.80 222.34 31.29 - - - - - - - - 225.30 11.36 - - - - - - - - 4,677.70 5.28
Equity 9,571.04 85.32 1,406.84 57.65 4.93 16.66 - - - - 1,372.56 85.11 199.58 57.23 - - - - 872.24 92.80 4,191.36 58.15 16,401.66 87.10 1,294.84 65.27 6,983.34 84.91 5,546.67 77.39 - - 2,448.56 85.00 50,293.65 56.81
Money Market 82.09 0.73 19.32 0.79 2.45 8.27 872.13 7.03 1,267.93 37.03 18.87 1.17 21.99 6.31 56.02 7.88 123.67 66.39 14.53 1.55 2,834.63 39.33 927.41 4.92 23.41 1.18 89.86 1.09 502.96 7.02 8,887.65 99.78 38.10 1.32 15,783.02 17.83
Mutual funds - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Deposit with Banks - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Sub Total (A) 9,653.13 86.05 2,336.90 95.77 28.57 96.48 12,046.38 97.06 3,383.14 98.81 1,391.43 86.28 334.85 96.02 692.00 97.37 184.08 98.82 886.77 94.34 7,025.99 97.48 17,329.07 92.02 1,903.20 95.93 7,073.20 86.01 6,049.63 84.40 8,887.65 99.78 2,486.66 86.32 81,692.69 92.28
Current Assets:
Accrued Interest - - 37.29 1.53 0.73 2.45 377.37 3.04 54.17 1.58 - - 2.82 0.81 19.80 2.79 1.15 0.62 - - - - - - 23.48 1.18 - - - - - - - - 516.81 0.58
Dividend Recievable 7.48 0.07 0.38 0.02 0.00 0.00 - - - - 1.06 0.07 0.05 0.01 - - - - 0.21 0.02 0.98 0.01 8.36 0.04 0.37 0.02 5.37 0.07 - - - - 1.90 0.07 26.16 0.03
Bank Balance 0.04 0.00 0.03 0.00 0.02 0.08 0.18 0.00 0.04 0.00 0.03 0.00 0.03 0.01 0.03 0.00 0.33 0.18 0.02 0.00 25.34 0.35 0.19 0.00 0.03 0.00 0.04 0.00 0.11 0.00 33.54 0.38 0.03 0.00 60.04 0.07
Receivable for Sale of Investments 29.37 0.26 13.82 0.57 - - - - - - - - - - - - - - - - 20.62 0.29 35.81 0.19 - - - - - - - - - - 99.62 0.11
Application Money-Debt Sec/Tax
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
deducted at source payable
Receivable for subscription - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Receivable for Interest - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Other Current Assets (for Investments) (15.50) (0.14) (12.28) (0.50) (0.00) (0.00) 1.49 0.01 (10.08) (0.29) 0.37 0.02 (0.01) (0.00) (0.37) (0.05) 0.90 0.48 0.12 0.01 (2.95) (0.04) (29.14) (0.15) (0.58) (0.03) 45.63 0.55 48.02 0.67 (9.84) (0.11) (3.32) (0.12) 12.46 0.01
Less: Current Liabilities
Payable for Investments 6.74 0.06 5.34 0.22 - - - - - - 2.20 0.14 - - - - - - - - 110.27 1.53 - - - - 25.96 0.32 - - - - 4.13 0.14 154.64 0.17
Payable for Redemption - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Fund Mgmt Charges Payable 14.03 0.13 3.11 0.13 0.03 0.11 13.65 0.11 3.47 0.10 2.02 0.13 0.44 0.13 0.78 0.11 0.19 0.10 1.17 0.12 10.52 0.15 25.38 0.13 2.66 0.13 10.73 0.13 9.36 0.13 4.47 0.05 0.83 0.03 102.87 0.12
Other Current Liabilities (for Investments) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Sub Total (B) 0.62 0.01 30.79 1.26 0.72 2.42 365.39 2.94 40.65 1.19 (2.76) (0.17) 2.45 0.70 18.68 2.63 2.20 1.18 (0.82) (0.09) (76.79) (1.07) (10.16) (0.05) 20.64 1.04 14.34 0.17 38.77 0.54 19.23 0.22 (6.35) (0.22) 457.58 0.52
Other Investments (<=25%)
Corporate Bonds - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Infrastructure Bonds - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Equity 536.24 4.78 72.49 2.97 0.32 1.10 - - - - 76.56 4.75 11.42 3.27 - - - - 54.00 5.75 258.69 3.59 1,049.17 5.57 60.13 3.03 388.26 4.72 1,079.00 15.05 - - 136.66 4.74 3,722.95 4.21
Money Market.** - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Mutual funds 1,027.57 9.16 - - - - - - - - 147.48 9.14 - - - - - - - - - - 463.74 2.46 - - 748.18 9.10 - - - - 263.80 9.16 2,650.76 2.99
Sub Total (C) 1,563.81 13.94 72.49 2.97 0.32 1.10 - - - - 224.04 13.89 11.42 3.27 - - - - 54.00 5.75 258.69 3.59 1,512.91 8.03 60.13 3.03 1,136.44 13.82 1,079.00 15.05 - - 400.46 13.90 6,373.71 7.20
Total (A + B + C) 11,217.56 100.00 2,440.18 100.00 29.62 100.00 12,411.78 100.00 3,423.80 100.00 1,612.71 100.00 348.72 100.00 710.68 100.00 186.28 100.00 939.96 100.00 7,207.88 100.00 18,831.82 100.00 1,983.97 100.00 8,223.98 100.00 7,167.40 100.00 8,906.88 100.00 2,880.77 100.00 88,523.99 100.00
Fund Carried Forward (as per LB 2)
-
* includes Housing Sector Investment

** Other Investments consists of ILFS Commercial Paper which pursuant to Rating downgrade from A1+ to D has been categorised in Money Market. Currently on this instrument no default of principal / interest has been made however, due to rating downgrade, It has been valued at a discount of 25% to the face value on a prudent basis.
FORM L-28: ULIP-NAV-3A
Company Name & Code: Aegon Life Insurance Company Limited - 138 PART - C
Statement as on : December 31, 2018 Link to FORM 3A (Part B)
Periodicity of Submission: Quarterly
Assets Held on the NAV as on the NAV as per 2nd Previous Qtr 3rd Previous Qtr 4th Previous Qtr Annualised 3 Year Rolling
No Name of the Scheme Previous Qtr NAV
above date above date LB 2 NAV NAV NAV Return/Yield CAGR
1 Aegon Life Enhanced Equity Fund 11,217.56 27.0747 - 26.9491 26.4866 25.4936 26.6094 1.75% 10.50%
2 Aegon Life Balanced Fund 2,440.18 23.3799 - 23.2104 22.8820 22.2120 22.7824 2.62% 9.16%
3 Aegon Life Conservative Fund 29.62 21.8916 - 21.3117 21.0388 20.8407 20.7676 5.41% 8.23%
4 Aegon Life Debt Fund 12,411.78 24.6329 - 23.5374 23.2446 23.5487 23.4213 5.17% 7.25%
5 Aegon Life Secured Fund 3,423.80 19.3428 - 20.2380 20.3017 20.1633 19.8863 -2.73% 2.98%
6 Aegon Life Pension Enhanced Equity Fund 1,612.71 43.2593 - 43.0483 42.2980 40.6830 42.3771 2.08% 10.77%
7 Aegon Life Pension Balanced Fund 348.72 25.8133 - 25.5223 25.1283 24.2611 24.8212 4.00% 9.52%
8 Aegon Life Pension Debt Fund 710.68 19.7472 - 18.8724 18.7057 18.9651 18.8559 4.73% 6.87%
9 Aegon Life Pension Secured Fund 186.28 20.0586 - 19.7317 19.4528 19.2502 19.0195 5.46% 5.73%
10 Aegon Life Pension Index Fund 939.96 39.5911 - 39.9088 39.0998 36.9002 38.4023 3.10% 10.79%
11 Aegon Life NAV Protect Fund 7,207.88 18.8399 - 19.0213 18.5534 17.8545 18.2950 2.98% 8.12%
12 Aegon Life Accelerator Fund 18,831.82 17.9296 - 17.9564 17.7643 16.8513 17.8335 0.54% 9.77%
13 Aegon Life Stable Fund 1,983.97 17.4252 - 17.2582 17.0248 16.5235 16.9577 2.76% 9.14%
14 Aegon Life Discontinued Policy Fund 8,906.88 17.2525 - 16.9926 16.7417 16.5103 16.2913 5.90% 5.94%
15 Aegon Life Group Gratuity Equity Fund 2,880.77 21.9913 - 21.8245 21.3828 20.5238 21.3410 3.05% 11.58%
16 Aegon Life Blue Chip Equity Fund 8,223.98 13.1469 - 13.0901 12.8473 12.3588 12.9566 1.47% 9.80%
17 Aegon Life Opportunity Fund 7,167.40 11.5897 - 11.1521 11.4860 11.4041 12.3358 -6.05% NA
Total 88,523.99
CERTIFICATION
Certified that the information given herein are correct and complete to the best of my knowledge and belief and nothing has been concealed or suppressed.

FORM L-29: DETAIL REGARDING DEBT SECURITIES - LIFE FUND
Detail regarding debt securities (Rs in Lakhs)

Market Value Book Value
Particulars As at as % of total As at as % of total for As at as % of total As at as % of total for
December 31, 2018 for this class December 31, 2017 this class December 31, 2018 for this class December 31, 2017 this class
Break down by credit rating
AAA rated 139,574.88 99.65 108,944.31 96.07 137,707.66 99.64 107,149.56 96.01
AA or better 489.30 0.35 500.03 0.44 497.09 0.36 496.18 0.44
Rated below AA but above A - - - - - - - -
Rated below A but above B* - - - - - - - -
Any other 0.00 - 3,954.40 3.49 0.00 - 3,953.00 3.54
Total 140,064.18 100.00 113,398.74 100.00 138,204.75 100.00 111,598.74 100.00
Break down by residual maturity

Up to 1 year 10,860.16 7.75 10,844.79 9.56 10,859.96 7.86 10,819.48 9.69
More than 1 year and upto 3 years 0.00 - 218.77 0.19 0.00 - 216.22 0.19
More than 3 years and up to 7 years 5,025.42 3.59 1,583.07 1.40 5,225.79 3.78 1,503.99 1.35
Above 20 years 61,053.64 43.60 49,008.52 43.22 59,380.74 42.96 48,513.42 43.47
Total 140,064.18 100.00 113,398.74 100.00 138,204.75 100.00 111,598.74 100.00
Breakdown by type of the issuer

Central Government 85,847.97 61.29 66,587.90 58.72 83,745.07 60.59 65,828.08 58.99
State Government 8,567.79 6.12 4,116.98 3.63 8,664.42 6.27 4,268.96 3.83
Corporate Securities 45,648.42 32.59 42,693.86 37.65 45,795.26 33.14 41,501.70 37.19
Total 140,064.18 100.00 113,398.74 100.00 138,204.75 100.00 111,598.74 100.00
* Rated below A but above B consists of ILFS Commercial Paper which pursuant to Rating downgrade from A1+ to D has been categorised. Currently on this instrument no default of principal / interest has been
made however, due to rating downgrade, It has been valued at a discount of 25% to the face value on a prudent basis.
FORM L-29: DETAIL REGARDING DEBT SECURITIES - PENSION, GENERAL ANNUITY FUND

Market Value Book Value
Particulars As at as % of total for As at as % of total for As at as % of total for As at as % of total for
December 31, 2018 this class December 31, 2017 this class December 31, 2018 this class December 31, 2017 this class

AAA rated 691.03 100.00 595.53 91.78 674.75 100.00 579.77 91.58
AA or better - - - - - - - -
Rated below A but above B* - - - - - - - -
Any other 0.00 - 53.32 8.22 0.00 - 53.30 8.42
Total 691.03 100.00 648.85 100.00 674.75 100.00 633.07 100.00

Up to 1 year 442.38 64.02 311.32 47.98 442.38 65.56 311.31 49.17
More than 1 year and upto 3 years 0.00 - 89.50 13.79 0.00 - 89.37 14.12
More than 3 years and up to 7 years 0.00 - 0.00 - 0.00 - 0.00 -
More than 7 years and up to 10 years 24.52 3.55 14.17 2.19 23.11 3.42 13.54 2.14
Above 20 years 113.26 16.39 111.88 17.24 105.90 15.70 106.00 16.74
Total 691.03 100.00 648.85 100.00 674.75 100.00 633.07 100.00

Central Government 308.55 44.65 461.18 71.08 293.09 43.44 447.46 70.68
State Government - - - - - - - -
Corporate Securities 382.48 55.35 187.67 28.92 381.66 56.56 185.61 29.32
Total 691.03 100.00 648.85 100.00 674.75 100.00 633.07 100.00
FORM L-29: DETAIL REGARDING DEBT SECURITIES - LINKED FUND

Market Value Book Value *
Particulars As at as % of total As at as % of total As at as % of total As at as % of total
December 31, 2018 for this class December 31, 2017 for this class December 31, 2018 for this class December 31, 2017 for this class
AAA rated 31,399.04 100.00 29,050.53 80.67 31,234.71 100.00 28,956.43 81.43
AA or better 0.00 - 1,068.45 2.97 0.00 - 1,000.50 2.81
Rated below A but above B - - - - - - - -
Any other 0.00 - 5,892.83 16.36 0.00 - 5,601.06 15.75
Total 31,399.04 100.00 36,011.81 100.00 31,234.71 100.00 35,558.00 100.00

Up to 1 year 17,822.23 56.76 18,280.81 50.76 17,850.17 57.15 17,992.74 50.60
More than 1 year and upto 3 years 2,166.31 6.90 2,672.50 7.42 2,154.83 6.90 2,699.37 7.59
More than 10 years and up to 15 years 1,785.63 5.69 895.99 2.49 1,762.26 5.64 908.23 2.55
Above 20 years 986.61 3.14 2,642.32 7.34 972.80 3.12 2,784.96 7.83
Total 31,399.04 100.00 36,011.81 100.00 31,234.71 100.00 35,558.00 100.00

Central Government 21,441.73 68.29 17,851.37 49.57 21,370.76 68.42 18,030.93 50.71
State Government 1,508.86 4.81 2,028.88 5.63 1,535.77 4.92 2,054.78 5.78
Corporate Securities 8,448.45 26.90 16,131.56 44.80 8,328.18 26.66 15,472.29 43.51
Total 31,399.04 100.00 36,011.81 100.00 31,234.71 100.00 35,558.00 100.00
* Rated below A but above B consists of ILFS Commercial Paper which pursuant to Rating downgrade from A1+ to D has been categorised. Currently on this instrument no default of principal / interest has
been made however, due to rating downgrade, It has been valued at a discount of 25% to the face value on a prudent basis.
FORM L-30: RELATED PARTY TRANSACTIONS

(Rs in Lakhs)
Related Party Transactions*
Nature of Consideration paid / received

Sl.No. Name of the Related Party Relationship with the Description of Transactions / Categories Three months ended Nine months ended Three months ended Nine months ended
Company December 31, 2018 December 31, 2018 December 31, 2017 December 31, 2017
Subscription to Equity Shares (including securities premium) 2,100 7,300 - 1,000

1 Aegon India Holdings B.V. Interest on Debentures accrued but not due 168 501 82 82
Joint Venture and Issuance of Non Convertible Debentures - - 7,000 7,000
Entities where control
Insurance Premium received for Group Insurance Policies 273 273 - -
exists
Advertisement, Marketing and Publicity 107 107 - -
Director nomination fees- Receipts - - - 3
2 Bennett Coleman & Co. Limited
Director nomination fees- Payments - - - 3
Associate Companies Reimbursement for Expenses 105 152 2 12
3 AEGON Asia Pacific B.V.
where transactions Reimbursement for Travel Related Expenses - - 76 76
4 Aegon Life Insurance Employees Gratuity Trust have taken place Benefit Paid under Group Policy 28 51 57 96
5 AEGON N.V. during the year Reimbursement for Expenses 21 61 2 2
6 Vineet Arora** Managerial Remuneration 56 274 - -
7 K S Gopalakrishnan*** Managerial remuneration - - 215 366
*Related Party relationships are identified by the Management
** Joined as Managing Director and Chief Executive Officer with effect from January 2, 2018
*** Resigned as Managing Director and Chief Executive Officer with effect from November 17, 2017
FORM L-31-LNL-6: BOARD OF DIRECTORS & KEY PERSON

Date: 31-Dec-18
BOD and Key Person information
Sl. No. Name of person Role/designation Details of change in the period
1 Mr. Andrew Byrne Chairman
2 Mr. S. Sivakumar Non-executive Director
No Change
3 Mr. Srinivasan V Independent Director
4 Mr. G Ramaswamy Non-executive Director
5 Ms. Ketaki Gupte Non-executive Director Resigned on 06.12.2018
6 Ms. Mitu Samar Non-executive Director Appointed on 11.12.2018
7 Mr. Ramaswamy P Subramaniam Non-executive Director
8 Mr. N Kumar Independent Director
9 Mr. Nani Javeri Independent Director
10 Mr. Marco Keim Non-executive Director
11 Mr. Patrick Curtin Non-executive Director
12 Mr. Vineet Arora Managing Director & Chief Executive Officer
13 Mr. Rajeev Chugh Chief Financial Officer
14 Ms. Saba Adil Chief People Officer
No Change
15 Mr. Saibal Ghosh Chief Investment Officer
16 Mr. Souvik Jash Appointed Actuary
17 Mr. Jitin Parekh Company Secretary
18 Mr. Lee Waddle Chief Risk Officer
19 Mr. Douglas Kennedy Chief Technology Officer
20 Mr. Ahmed Zackaria Chief Distribution Officer
21 Mr. Anil Agarwal Head - Compliance
22 Mr. Kamlesh Khanchandani Head - Internal Audit
23 Mr. Mandeep Singh Dep. Vice President - Marketing Appointed as KMP on 16.10.2018
24 Mr. Daksh Pratap Singh Dep. Vice President - Analytics Appointed as KMP on 16.10.2018
Key Persons as defined in IRDAI Registration of Companies Regulations, 2000

FORM L-32: SOLVENCY MARGIN - KT 3
(See Regulation 4)
Insurance Regulatory and Development Authority (Actuarial Report and Abstract) Regulations, 2000
AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO
Date : 31-Dec-18
Form Code: 15
Name of Insurer: Aegon Life Insurance Company Limited Registration Number: 138 Classification Code: 1
Classification: Business Within India
Item Description Adjusted Value

(Rs in Lakhs)
-1 (2) (3)
01 Available Assets in Policyholders' Fund: 219,014
Deduct:
02 Mathematical Reserves 204,822
03 Other Liabilities -
04 Excess in Policyholders' funds 14,192
05 Available Assets in Shareholders Fund: 10,132
Deduct:
06 Other Liabilities of shareholders’ fund -
07 Excess in Shareholders' funds 10,132
08 Total ASM (04)+(07) 24,324
09 Total RSM 12,151
10 Solvency Ratio (ASM/RSM) 2.00
FORM L-33: NPAs-7A
Company Name & Code : Aegon Life Insurance Company Limited - 138
Statement as on : December 31, 2018 Name of the Fund: Life Fund
Details of Investment Portfolio
Periodicity of Submission : Quarterly
Has there been any

Interest Rate Default
Default Principal Waiver?
Instrument Total O/s Interest Principal Interest Due Deferred Deferred Rolled Classificatio Provision
COI Company Name Has there Principal Provision (Rs)
Type (Book Value) (Book Due from from Principal Interest Over? Board n (%)
% been (Book Value) Amount
Value) Approval Ref
revision?
Infrastructure Leasing & Financial

1 CPM 20,000,000 19,133,120 866,880 11/27/2018 11/27/2018 100% 20,000,000
Services Limited
CERTIFICATION

FORM L-33: NPAs-7A
Statement as on : December 31, 2018 Name of the Fund: Pension, General Annuity Fund
Has there been any

Total O/s Default Principal Waiver?
Instrument Interest Principal Interest Deferred Deferred Rolled Classificatio Provision Provision
COI Company Name Has there (Book Principal
Type (Book Due from Due from Principal Interest Over? Board n (%) (Rs)
% been Value) (Book Value) Amount
Value) Approval Ref
revision?
Nil
CERTIFICATION

FORM L-33: NPAs-7A
Statement as on : December 31, 2018 Name of the Fund: Linked Fund
Has there been any

Default Principal Waiver?
Instrument Total O/s Interest Principal Interest Due Deferred Deferred Rolled Classificatio Provision
COI Company Name Has there Principal (Book Board Provision (Rs)
Type (Book Value) (Book Due from from Principal Interest Over? n (%)
% been Value) Amount Approval
Value)
revision? Ref
Infrastructure Leasing & Financial

1 CPM 30,000,000 28,699,680 1,300,320 11/27/2018 11/27/2018 100% 30,000,000
Services Limited
CERTIFICATION

FORM L-34-YIELD ON INVESTMENTS-1
Company Name & Code : Aegon Life Insurance Company Limited- 138
Statement as on : December 31, 2018 Name of the Fund: Life Fund
Statement of Investment and Income on Investment
Periodicity of Submission: Quarterly (Rs.in Lakhs)
Current Quarter Year to Date Previous Year

Category Investment (Rs.) Income on Investment (Rs.) Income on Investment (Rs.) Income on
No. Category of Investment Gross Yield Net Yield Gross Yield Net Yield Gross Yield Net Yield
Code Investment Investment Investment
Book Value Market Value (%) (%) Book Value Market Value (%) (%) Book Value Market Value (%) (%)
(Rs.) (Rs.) (Rs.)
A GOVERNMENT SECURITIES
A01 Central Government Bonds CGSB 73,694 75,797 1,426 1.98% 1.98% 73,694 75,797 4,016 5.91% 5.91% 54,112 57,353 2,942 5.64% 5.64%
A02 Special Deposits CSPD - - - - - - - - - - - - - - -
A03 Deposit Under Section 7 of Insurance Act, 1938 CDSS - - - - - - - - - - - - - - -
A04 Treasury Bills CTRB - - - - - - - - - - - - - - -
B GOVERNMENT SECURITIES / OTHER APPROVED SECURITIES
B01 Central Government Guaranteed Loans / Bonds CGSL 3,025 2,906 57 1.89% 1.89% 3,025 2,906 172 5.68% 5.68% 2,012 2,046 75 3.80% 3.80%
B02 State Government Bonds SGGB 8,664 8,568 165 1.95% 1.95% 8,664 8,568 414 5.73% 5.73% 4,275 4,219 154 3.59% 3.59%
B03 State Government Guaranteed Bonds SGGL - - - - - - - - - - - - - - -
B04 Other Approved Securities (excluding infrastructure Investments) SGOA - - - - - - - - - - 11 13 1 4.56% 4.56%
B05 Guaranteed Equity SGGE - - - - - - - - - - - - - - -
HOUSING AND LOANS TO STATE GOVT. FOR HOUSING AND FIRE FIGHTING
C
EQUIPMENT
C01 Loans to State Government for Housing HLSH - - - - - - - - - - - - - - -
C02 Loans to State Government for Fire Fighting Equipment HLSF - - - - - - - - - - - - - - -
C03 Term Loan - HUDCO / NHB / Institution accredited by NHB HTLH - - - - - - - - - - - - - - -
C04 Commercial Papers - NHB / Institution accredited by NHB HTLN - - - - - - - - - - - - - - -
C05 Housing - Securitised Assets HMBS - - - - - - - - - - - - - - -
C06 Debentures / Bonds / CPs / Loans - (Promoter Group) HDPG - - - - - - - - - - - - - - -
TAXABLE BONDS
C07 Bonds / Debentures issued by HUDCO HTHD - - - - - - - - - - - - - - -
C08 Bonds / Debentures issued by NHB / Institutions accredited by NHB HTDN 6,768 6,692 133 2.06% 2.06% 6,768 6,692 359 6.07% 6.07% 6,047 6,265 287 4.31% 4.31%
Bonds / Debentures issued by Authority Constituted under any Housing /
C09 Building Scheme Approved By Central / State / any authority or Body HTDA - - - - - - - - - - - - - - -
Constituted by Central / State Act
TAX FREE BONDS
C10 Bonds / Debentures issued by HUDCO HFHD - - - - - - - - - - - - - - -
C11 Bonds / Debentures issued by NHB / Institutions accredited by NHB HFDN - - - - - - - - - - - - - - -
C12 Building Scheme Approved By Central / State / any authority or Body HFDA - - - - - - - - - - - - - - -
OTHER INVESTMENTS
C13 Debentures / Bonds / CPs / Loans HODS - - - - - - - - - - - - - - -
C14 Housing - Securitised Assets HOMB - - - - - - - - - - - - - - -
C15 Debentures / Bonds / CPs / Loans - (Promoter Group) HOPG - - - - - - - - - - - - - - -
D INFRASTRUCTURE INVESTMENTS
D01 Infrastructure - Other Approved Securities ISAS - - - - - - - - - - - - - - -
D02 Infrastructure - PSU - Equity Shares - Quoted ITPE 238 269 - 0.00% 0.00% 238 269 (27) -6.99% -6.99% 365 356 9 2.88% 2.88%
D03 Infrastructure - Corporate Securities - Equity Shares - Quoted ITCE - - - - - - - 66 14.63% 14.63% 137 141 18 21.89% 21.89%
Infrastructure - Equity and Equity related Instruments (Promoter Group)
D04 IEPG - - - - - - - - - - - - - - -
D05 Infrastructure - Securitised Assets IESA - - - - - - - - - - - - - - -

D06 Infrastructure - Debentures / Bonds / CPs / loans - (Promoter Group) IDPG - - - - - - - - - - - - - - -
D07 Infrastructure - Infrastructure Development Fund (IDF) IDDF 3,000 3,060 66 2.18% 2.18% 3,000 3,060 196 6.53% 6.53% 3,000 3,309 130 4.34% 4.34%
TAXABLE BONDS
D08 Infrastructure - PSU - Debentures / Bonds IPTD 22,124 22,230 456 2.10% 2.10% 22,124 22,230 1,381 6.33% 6.33% 20,350 21,845 828 4.29% 4.29%
D09 Infrastructure - PSU - CPs IPCP - - - - - - - - - - - - - - -
D10 Infrastructure - Other Corporate Securities - Debentures / Bonds ICTD 1,497 1,491 11 1.50% 1.50% 1,497 1,491 94 7.70% 7.70% 1,505 1,612 66 4.80% 4.80%
D11 Infrastructure - Other Corporate Securities - CPs ICCP - - - - - - - - - - - - - - -
D12 Infrastructure - Term Loans (with Charge) ILWC - - - - - - - - - - - - - - -
TAX FREE BONDS
D13 Infrastructure - PSU - Debentures / Bonds IPFD - - - - - - - - - - - - - - -
D14 Infrastructure - Other Corporate Securities - Debentures / Bonds ICFD - - - - - - - - - - - - - - -
(Rs.) (Rs.) (Rs.)
OTHER INVESTMENTS
D15 Infrastructure - Equity (including unlisted) IOEQ - - - - - - - - - - - - 6 9.32% 9.32%
D16 Infrastructure - Debentures / Bonds / CPs / loans IODS - - - - - - - - - - - - - - -
D17 Infrastructure - Securitised Assets IOSA - - - - - - - - - - - - - - -
D18 Infrastructure - Equity (Promoter Group) IOPE - - - - - - - - - - - - - - -
D19 Infrastructure - Debentures / Bonds / CPs / loans - (Promoter Group) IOPD - - - - - - - - - - - - - - -
E INVESTMENT SUBJECT TO EXPOSURE NORMS
E01 PSU - Equity shares - quoted EAEQ - - - - - - - (7) -4.33% -4.33% 172 150 (3) -1.77% -1.77%
E02 Corporate Securities - Equity shares (Ordinary)-quoted EACE 1,642 1,645 75 4.45% 4.45% 1,642 1,645 448 21.82% 21.82% 2,262 2,403 302 12.10% 12.10%
Equity Shares - Companies incorporated Outside India (invested prior to
E03 EFES - - - - - - - - - - - - - - -
IRDA Regulations)
E04 Equity Shares (Incl. Equity related Instruments) - Promoter Group EEPG - - - - - - - - - - - - - - -
E05 Corporate Securities - Bonds - (Taxable) EPBT 6,992 6,906 144 2.06% 2.06% 6,992 6,906 401 6.10% 6.10% 999 1,053 41 4.07% 4.07%
E06 Corporate Securities - Bonds - (Tax Free) EPBF - - - - - - - - - - - - - - -
E07 Corporate Securities - Preference Shares EPNQ - - - - - - - - - - - - - - -
E08 Corporate Securities - Investment in Subsidiaries ECIS - - - - - - - - - - - - - - -
E09 Corporate Securities - Debentures ECOS 2,000 1,974 41 2.35% 2.35% 2,000 1,974 81 6.52% 6.52% 510 519 21 4.04% 4.04%
Corporate Securities - Debentures / Bonds /CPs/ Loans - (Promoter
E10 EDPG - - - - - - - - - - - - - - -
Group)
E11 Corporate Securities - Derivative Instruments ECDI - - - - - - - - - - - - - - -
E12 Municipal Bonds - Rated EMUN - - - - - - - - - - - - - - -
E13 Investment Properties - Immovable EINP - - - - - - - - - - - - - - -
E14 Loans - Policy Loans ELPL - - - - - - - - - - - - - - -
E15 Loans - Secured Loans - Mortgage of Property in India (Term Loan) ELMI - - - - - - - - - - - - - - -
Loans - Secured Loans - Mortgage of Property outside India (Term Loan)
E16 ELMO - - - - - - - - - - - - - - -
Deposits - Deposit with Scheduled Banks, Fis (Incl. Bank Balance awaiting
E17 ECDB - - - - - - - - - - - - - - -
Investment), CCIL , RBI
E18 Deposits - CDs with Schedule Banks EDCD - - - - - - - - - - - - - - -
E19 Deposits - Repo / Reverse Repo - Govt Securities ECMR 10,051 10,051 93 1.00% 1.00% 10,051 10,051 93 1.00% 1.00% - - - - -
E20 Deposits - Repo / Reverse Repo - Corporate Securities ECCR - - - - - - - - - - - - - - -
E21 Deposit with primary Dealers duly recognised by RBI EDPD - - - - - - - - - - - - - - -
E22 CCIL - CBLO ECBO 0 - 56 0.58% 0.58% 0 - 92 1.78% 1.78% 3,934 3,934 105 2.93% 2.93%
E23 Commercial Papers ECCP 389 389 28 1.95% 1.95% 389 389 104 5.01% 5.01% - - - - -
E24 Application Money ECAM - - - - - - - - - - - - - - -
E25 Perpetual Debt Instruments of Tier I & II Capital Issued by PSU Banks EUPD - - - - - - - - - - - - - - -
Perpetual Debt Instruments of Tier I & II Capital Issued by Non- PSU Banks
E26 EPPD - - - - - - - - - - - - - - -
Perpetual Non-Cum. P Shares & Redeemable Cumulative P. Shares of Tier

E27 EUPS - - - - - - - - - - - - - - -
1 & 2 capital Issued by PSU Banks
E28 EPPS - - - - - - - - - - - - - - -
1 & 2 capital Issued by Non-PSU Banks
E29 Foreign Debt Securities (Invested prior to IRDA Regulations) EFDS - - - - - - - - - - - - - - -
E30 Mutual Funds - Gilt / G Sec / Liquid Schemes EGMF - - - - - - - 273 3.56% 3.56% 5,014 5,015 143 3.26% 3.26%
E31 Mutual Funds - (Under Insurer Promoter Group) EMPG - - - - - - - - - - - - - - -
E32 Passively Managed Equity ETF (Non Promoter Group) EETF - - - - - - - - - - - - - - -

E33 Passively Managed Equity ETF (Promoter Group) EETP - - - - - - - - - - - - - - -
E34 Net Current Assets (Only in respect of ULIP Business) ENCA - - - - - - - - - - - - - - -
F OTHER INVESTMENTS
F1 Other than approved Investments - Bonds - PSU - Taxable OBPT - - - - - - - - - - - - - - -
F2 Other than approved Investments - Bonds - PSU - Tax Free OBPF - - - - - - - - - - - - - - -
F3 Equity Shares (Incl Co-Op Society) OESH 598 618 2 0.70% 0.70% 598 618 (45) -23.53% -23.53% 180 156 20 10.68% 10.68%
F4 Equity Shares (PSU & Unlisted) OEPU - - - - - - - - - - - - - - -
F5 Equity Shares (Equity Related Instrument) - Promoter Group OEPG - - - - - - - - - - - - - - -
F6 Debentures OLDB - - - - - - - - - - - - - - -
F7 Debentures / Bonds / CPs / Loans - (Promoter Group) ODPG - - - - - - - - - - - - - - -
F8 Municipal Bonds OMUN - - - - - - - - - - - - - - -
F9 Commercial Paper * OACP - - (197) -100.00% -100.00% - - (193) -98.63% -98.63% - - - - -
F10 Preference Shares OPSH - - - - - - - - - - - - - - -
F11 Short-term Loans (Unsecured Deposit) OVNF - - - - - - - - - - - - - - -
F12 Short-term Loans (Unsecured Deposit) OSLU - - - - - - - - - - - - - - -
F13 Term Loans (Without Charges) OTLW - - - - - - - - - - - - - - -
F14 Mutual Funds - Debt / Income/Serial Plans/Liquid Schemes OMGS - - - - - - - - - - - - - - -
F15 Mutual Funds- (Under Insurer Promoter Group) OMPG - - - - - - - - - - - - - - -
F16 Passively Managed Equity ETF (Non Promoter Group) OETF - - - - - - - - - - - - - - -
F17 Passively Managed Equity ETF (Promoter Group) OETP - - - - - - - - - - - - - - -
F18 Derivative Instrument OCDI - - - - - - - - - - - - - - -
F19 Securitised Assets OPSA - - - - - - - - - - - - - - -
F20 Investment Properties - Immovable OIPI - - - - - - - - - - - - - - -
TOTAL 140,683 142,596 2,556 1.74% 1.74% 140,683 142,596 7,918 5.44% 5.44% 104,887 110,389 5,144 7.04% 7.04%
Securities under CAT Code - CDSS represents government securities and other approved securities placed to comply with the requirements of Section 7 of the Insurance Act, 1938.
*CAT Code OACP consists of Investment in ILFS Commercial Paper which was categorised in Other Investment in Sept'18 pursuant to Rating downgrade from A1+ to D. ILFS has defaulted on Principal / Interest In Nov'18 (on maturity) hence, we have made 100% provision on this investment in the current quarter.
CERTIFICATION

Statement as on : December 31, 2018 Name of the Fund: Pension, General Annuity Fund

(Rs.) (Rs.) (Rs.)
A01 Central Government Bonds CGSB 293 309 6 1.99% 1.99% 293 309 17.4 5.93% 5.93% 292 315 12 3.94% 3.94%
A04 Treasury Bills CTRB - - - - - - - - - - 153 153 5 3.02% 3.02%
B01 Central Government Guaranteed Loans / Bonds CGSL - - - - - - - - - - - - - - -
B02 State Government Bonds SGGB - - - - - - - - - - - - - - -
B04 Other Approved Securities (excluding infrastructure Investments) SGOA - - - - - - - - - - - - - - -
HOUSING AND LOANS TO STATE GOVT. FOR HOUSING AND FIRE FIGHTING
C
EQUIPMENT
TAXABLE BONDS
C08 Bonds / Debentures issued by NHB / Institutions accredited by NHB HTDN - - - - - - - - - - - - - - -
C09 Building Scheme Approved By Central / State / any authority or Body HTDA - - - - - - - - - - - - - - -
TAX FREE BONDS
C12 Building Scheme Approved By Central / State / any authority or Body HFDA - - - - - - - - - - - - - - -
OTHER INVESTMENTS
D02 Infrastructure - PSU - Equity Shares - Quoted ITPE - - - - - - - - - - - - - - -
D03 Infrastructure - Corporate Securities - Equity Shares - Quoted ITCE - - - - - - - - - - - - - - -
Infrastructure - Equity and Equity related Instruments (Promoter Group)
D04 IEPG - - - - - - - - - - - - - - -

D07 Infrastructure - Infrastructure Development Fund (IDF) IDDF - - - - - - - - - - - - - - -
TAXABLE BONDS
D08 Infrastructure - PSU - Debentures / Bonds IPTD 29 30 1 2.27% 2.27% 29 30 1.9 6.65% 6.65% 29 32 1 4.38% 4.38%
D10 Infrastructure - Other Corporate Securities - Debentures / Bonds ICTD - - - - - - - - - - - - - - -
TAX FREE BONDS
(Rs.) (Rs.) (Rs.)
OTHER INVESTMENTS
D15 Infrastructure - Equity (including unlisted) IOEQ - - - - - - - - - - - - - - -
E01 PSU - Equity shares - quoted EAEQ - - - - - - - - - - - - - - -
E02 Corporate Securities - Equity shares (Ordinary)-quoted EACE - - - - - - - - - - - - - - -
Equity Shares - Companies incorporated Outside India (invested prior to
E03 EFES - - - - - - - - - - - - - - -
IRDA Regulations)
E05 Corporate Securities - Bonds - (Taxable) EPBT - - - - - - - - - - - - - - -
E09 Corporate Securities - Debentures ECOS - - - - - - - - - - - - - - -
Corporate Securities - Debentures / Bonds /CPs/ Loans - (Promoter
E10 EDPG - - - - - - - - - - - - - - -
Group)
Loans - Secured Loans - Mortgage of Property outside India (Term Loan)
E16 ELMO - - - - - - - - - - - - - - -
Deposits - Deposit with Scheduled Banks, Fis (Incl. Bank Balance awaiting
E17 ECDB - - - - - - - - - - - - - - -
Investment), CCIL , RBI
E19 Deposits - Repo / Reverse Repo - Govt Securities ECMR 352 352 3 1.00% 1.00% 352 352 3.5 1.00% - - - - - -
E22 CCIL - CBLO ECBO (0) - 2 0.58% 0.58% (0) - 10.5 3.57% 3.57% 88 88 2 2.93% 2.93%
E23 Commercial Papers ECCP - - - - - - - - - - - - - - -
Perpetual Debt Instruments of Tier I & II Capital Issued by Non- PSU Banks
E26 EPPD - - - - - - - - - - - - - - -

E27 EUPS - - - - - - - - - - - - - - -
1 & 2 capital Issued by PSU Banks
E28 EPPS - - - - - - - - - - - - - - -
1 & 2 capital Issued by Non-PSU Banks
E30 Mutual Funds - Gilt / G Sec / Liquid Schemes EGMF - - - - - - - 1.8 3.63% 3.63% 46 46 1 3.18% 3.18%
E32 Passively Managed Equity ETF (Non Promoter Group) EETF - - - - - - - - - - - - - - -
E34 Net Current Assets (Only in respect of ULIP Business) ENCA - - - - - - - - - - - - - - -
F OTHER INVESTMENTS
F3 Equity Shares (Incl Co-Op Society) OESH - - - - - - - - - - - - - - -
F9 Commercial Paper OACP - - - - - - - - - - - - - - -
F11 Short-term Loans (Unsecured Deposit) OVNF - - - - - - - - - - - - - - -
F16 Passively Managed Equity ETF (Non Promoter Group) OETF - - - - - - - - - - - - - - -
TOTAL 675 691 12 1.18% 1.18% 675 691 35.1 3.46% 3.46% 608 634 20 5.32% 5.32%
CERTIFICATION

Statement as on : December 31, 2018 Name of the Fund: Linked Fund

Category
No. Category of Investment Investment (Rs.) Income on Gross Yield Net Yield Investment (Rs.) Income on Gross Yield Net Yield Investment (Rs.) Income on Gross Yield Net Yield
Code
Book Value Market Value Investment (%) (%) Book Value Market Value Investment (%) (%) Book Value Market Value Investment (%) (%)
A01 Central Government Bonds CGSB 5,667 5,725 349 6.34% 6.34% 5,667 5,725 358 6.59% 6.59% 5,822 5,801 216 3.47% 3.47%
A04 Treasury Bills CTRB 11,022 11,022 180 1.67% 1.67% 11,022 11,022 505 4.86% 4.86% 9,189 9,189 302 3.02% 3.02%
B01 Central Government Guaranteed Loans / Bonds CGSL - - - - - - - - - - - - - - -
B02 State Government Bonds SGGB 1,536 1,509 47 3.02% 3.02% 1,536 1,509 100 5.59% 5.59% 2,055 2,053 7 0.66% 0.66%
B04 Other Approved Securities (excluding infrastructure Investments) SGOA 505 519 31 6.11% 6.11% 505 519 38 7.50% 7.50% 493 518 24 4.60% 4.60%
C HOUSING AND LOANS TO STATE GOVT. FOR HOUSING AND FIRE FIGHTING EQUIPMENT
TAXABLE BONDS
C08 Bonds / Debentures issued by NHB / Institutions accredited by NHB HTDN 1,388 1,386 58 3.25% 3.25% 1,388 1,386 72 4.32% 4.32% 2,527 2,594 163 7.85% 7.85%
Bonds / Debentures issued by Authority Constituted under any Housing / Building Scheme
C09 Approved By Central / State / any authority or Body Constituted by Central / State Act HTDA - - - - - - - - - - - - - - -
TAX FREE BONDS

Bonds / Debentures issued by Authority Constituted under any Housing / Building Scheme
C12 Approved By Central / State / any authority or Body Constituted by Central / State Act HFDA - - - - - - - - - - - - - - -
OTHER INVESTMENTS
D02 Infrastructure - PSU - Equity Shares - Quoted ITPE 4,059 4,012 (62) -2.14% -2.14% 4,059 4,012 (147) -4.20% -4.20% 3,855 4,405 267 6.26% 6.26%
D03 Infrastructure - Corporate Securities - Equity Shares - Quoted ITCE 4,066 4,973 (461) -9.86% -9.86% 4,066 4,973 747 15.56% 15.56% 3,599 4,691 794 17.71% 17.71%
D04 Infrastructure - Equity and Equity related Instruments (Promoter Group) IEPG - - - - - - - - - - - - - - -
D07 Infrastructure - Infrastructure Development Fund (IDF) IDDF 497 502 23 4.67% 4.67% 497 502 10 1.76% 1.76% 1,005 1,067 33 1.93% 1.93%
TAXABLE BONDS
D08 Infrastructure - PSU - Debentures / Bonds IPTD 1,744 1,743 65 4.61% 4.61% 1,744 1,743 59 4.40% 4.40% 743 765 66 5.55% 5.55%
D10 Infrastructure - Other Corporate Securities - Debentures / Bonds ICTD 1,042 1,046 37 3.54% 3.54% 1,042 1,046 44 2.65% 2.65% 2,100 2,207 102 4.60% 4.60%
TAX FREE BONDS
OTHER INVESTMENTS
D15 Infrastructure - Equity (including unlisted) IOEQ - - - - - - - - - - - - 7 5.35% 5.35%
Category
No. Category of Investment Investment (Rs.) Income on Gross Yield Net Yield Investment (Rs.) Income on Gross Yield Net Yield Investment (Rs.) Income on Gross Yield Net Yield
Code
Book Value Market Value Investment (%) (%) Book Value Market Value Investment (%) (%) Book Value Market Value Investment (%) (%)
E01 PSU - Equity shares - quoted EAEQ 1,203 890 (55) -3.51% -3.51% 1,203 890 (87) -6.50% -6.50% 695 695 (86) -5.49% -5.49%
E02 Corporate Securities - Equity shares (Ordinary)-quoted EACE 36,979 40,418 743 1.82% 1.82% 36,979 40,418 3,518 8.19% 8.19% 37,603 42,805 3,874 8.81% 8.81%
E03 Equity Shares - Companies incorporated Outside India (invested prior to IRDA Regulations) EFES - - - - - - - - - - - - - - -
E05 Corporate Securities - Bonds - (Taxable) EPBT - - - - - - - - - - - - - - -
E09 Corporate Securities - Debentures ECOS 3,072 3,186 142 4.51% 4.51% 3,072 3,186 159 4.88% 4.88% 3,601 3,920 215 5.51% 5.51%
E10 Corporate Securities - Debentures / Bonds /CPs/ Loans - (Promoter Group) EDPG - - - - - - - - - - - - - - -
E16 Loans - Secured Loans - Mortgage of Property outside India (Term Loan) ELMO - - - - - - - - - - - - - - -
Deposits - Deposit with Scheduled Banks, Fish (Incl. Bank Balance awaiting Investment), CCIL ,
E17 ECDB - - - - - - - - - - - - 27 2.97% 2.97%
RBI
E19 Deposits - Repo / Reverse Repo - Govt Securities ECMR 4,176 4,176 50 1.00% 1.00% 4,176 4,176 50 1.00% 1.00% - - - - -
E22 CCIL - CBLO ECBO (0) - 34 0.58% 0.58% (0) - 101 3.56% 3.56% 3,006 3,006 80 2.93% 2.93%
E23 Commercial Papers ECCP 585 585 11 1.96% 1.96% 585 585 32 5.30% 5.30% - - - - -
E26 Perpetual Debt Instruments of Tier I & II Capital Issued by Non- PSU Banks EPPD - - - - - - - - - - - - - - -
Perpetual Non-Cum. P Shares & Redeemable Cumulative P. Shares of Tier 1 & 2 capital Issued by
E27 EUPS - - - - - - - - - - - - - - -
PSU Banks
Perpetual Non-Cum. P Shares & Redeemable Cumulative P. Shares of Tier 1 & 2 capital Issued by
E28 EPPS - - - - - - - - - - - - - - -
Non-PSU Banks
E30 Mutual Funds - Gilt / G Sec / Liquid Schemes EGMF - - - - - - - 63 3.47% 3.47% 2,442 2,443 98 3.29% 3.29%
E32 Passively Managed Equity ETF (Non Promoter Group) EETF - - - - - - - - - - - - (87) -4.13% -4.13%
E34 Net Current Assets (Only in respect of ULIP Business) ENCA 458 458 - - - 458 458 - - - 1,086 1,086 - - -
F OTHER INVESTMENTS
F3 Equity Shares (Incl Co-Op Society) OESH 3,726 3,723 4 0.22% 0.22% 3,726 3,723 (235) -15.90% -15.90% 2,000 1,840 (275) -10.09% -10.09%
F9 Commercial Papers * OACP - - (225) -98.92% -98.92% - - (290) -110.51% -110.51% - - - - -
F11 Venture Fund OVNF - - - - - - - - - - - - - - -
F16 Passively Managed Equity ETF (Non Promoter Group) OETF 2,467 2,651 211 7.80% 7.80% 2,467 2,651 229 7.73% 7.73% 3,672 3,558 (126) -4.49% -4.49%
TOTAL 84,192 88,524 1,181 1.27% 1.27% 84,192 88,524 5,327 5.63% 5.63% 85,493 92,643 5,699 10.94% 10.94%
* CAT Code OACP consists of Investment in ILFS Commercial Paper which was categorised in Other Investment in Sept'18 pursuant to Rating downgrade from A1+ to D. ILFS has defaulted on Principal / Interest In Nov'18 (on maturity) hence, we have made 100% provision on this investment in the current quarter.
CERTIFICATION

FORM L-35: DOWNGRADING OF INVESTMENTS - 2
Statement of Down Graded Investments Name of Fund: Life Fund
(Rs in Lakhs)
Date of Rating Current Date of
No Name of the Security COI Amount Original Grade Remarks
Purchase Agency Grade Downgrade
A. During the Quarter
NIL
B. As on Date
8.03% NCD VODAFONE IDEA LTD MD 14/02/2022 ICTD 4970898.595 5/25/2017 CRISIL AA+ AA 6/11/2018
CERTIFICATION
Certified that the information given herein are correct and complete to the best of my
knowledge and belief and nothing has been concealed or suppressed.

Statement of Down Graded Investments Name of Fund: Pension, General Annuity Fund
(Rs in Lakhs)
Date of Rating Original Current Date of
No Name of the Security COI Amount Remarks
Purchase Agency Grade Grade Downgrade
NIL
B. As on Date
NIL
CERTIFICATION

Statement as on : December 31, 2018 Name of Fund: Linked Fund
Statement of Down Graded Investments
(Rs in Lakhs)
Date of Original Current Date of
No Name of the Security COI Amount Rating Agency Remarks
Purchase Grade Grade Downgrade
NIL
B. As on Date
NIL
CERTIFICATION

FORM L-36: PREMIUM AND NUMBER OF LIVES COVERED BY POLICY TYPE

(Rs in Lakhs)
Three months ended December 31, 2018 Nine months ended December 31, 2018 Three months ended December 31, 2017 Nine months ended December 31, 2017
Sl. No Particulars
No. of No. of No. of No. of No. of No. of
Premium Sum Insured Premium No. of Lives Sum Insured Premium Sum Insured Premium No. of Lives Sum Insured
Policies * Lives Policies * Policies * Lives Policies *
1 First year Premium
i Individual Single Premium- (ISP)
From 0 - 10000 12 5,249 5,248 804 21 5,732 5,717 1,197 16 154 154 110 39 1,434 1,430 665
From 10,001 - 25,000 9 4 4 105 24 13 10 259 6 4 1 15 50 28 19 475
From 25,001 - 50,000 10 2 1 103 34 9 7 357 2 - - - 24 6 5 145
From 50,001 - 75,000 1 - - - 6 1 1 100 - - - - 7 1 1 8
From 75,001 - 100,000 1 - - - 2 - - - 9 1 1 10 20 2 2 19
From 100,001 - 125,000 0 - - - 0 - - - 0 - - - 1 - - -
Above 125,000 1 - - - 41 1 1 44 - - - - 2 - - -
ii Individual Single Premium (ISPA)- Annuity
From 0 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 150,000 - - - - - - - - - - - - - - - -
From 150,001 - 200,000 - - - - - - - - - - - - - - - -
From 200,001 - 250,000 - - - - - - - - - - - - - - - -
From 250,001 - 300,000 - - - - - - - - - - - - - - - -
Above 300,000 - - - - - - - - - - - - - - - -
iii Group Single Premium (GSP)
From 0 - 10000 - - - - - - - - - - - - - - - -
From 10,000 - 25,000 - - - - - - - - - - - - - - - -
From 25,001 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 75,000 - - - - - - - - - - - - - - - -
From 75,000 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 125,000 - - - - - - - - - - - - - - - -
Above 125,000 - - - - 305 - - - 173 17 21,834 160,860 203 18 24,301 209,760
iv Group Single Premium- Annuity- GSPA
From 0 - 50000 - - - - - - - - - - - - - - - -
From 50,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 150,000 - - - - - - - - - - - - - - - -
From 150,001 - 200,000 - - - - - - - - - - - - - - - -
From 200,001 - 250,000 - - - - - - - - - - - - - - - -
From 250,001 - 300,000 - - - - - - - - - - - - - - - -
Above 300,000 - - - - - - - - - - - - - - - -
v Individual non Single Premium- INSP
From 0 - 10000 189 3,452 3,241 222,571 693 13,028 12,309 826,724 352 5,482 5,182 351,732 890 14,450 13,568 956,572
From 10,001 - 25,000 600 3,921 3,406 328,454 1,780 12,227 10,688 1,058,276 677 4,969 4,391 345,121 1,879 13,772 12,274 1,009,070
From 25,001 - 50,000 456 1,190 916 74,766 1,179 3,136 2,326 200,535 592 1,635 1,302 60,807 1,662 4,610 3,596 183,289
From 50,001 - 75,000 173 283 192 12,448 442 695 489 36,446 230 413 339 10,520 573 1,029 737 33,298
From 75,001 - 100,000 310 306 214 7,218 724 722 489 19,131 341 337 303 6,997 863 821 668 18,918
From 100,001 - 125,000 62 60 40 3,557 197 159 112 7,728 132 120 85 2,733 281 261 186 13,802
Above 125,000 522 179 144 15,417 1,490 517 393 36,018 555 226 201 6,575 1,537 575 474 20,203
vi Individual non Single Premium- Annuity- INSPA
From 0 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 150,000 - - - - - - - - - - - - - - - -
From 150,001 - 2,00,000 - - - - - - - - - - - - - - - -
From 200,001 - 250,000 - - - - - - - - - - - - - - - -
From 250,001 - 300,000 - - - - - - - - - - - - - - - -
Above 300,000 - - - - - - - - - - - - - - - -
vii Group Non Single Premium (GNSP)
From 0 - 10000 - - - - - - - - - - - - - - - -
From 10,001 - 25,000 - - - - - - - - - - - - - - - -
From 25,001 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 75,000 - - - - - - - - - - - - - - - -
From 75,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 125,000 - - - - - - - - - - - - - - - -
Above 125,000 286 11 32,056 223,515 766 40 88,135 690,280 3 - 270 274 5 1 550 554
viii Group Non Single Premium- Annuity- GNSPA
From 0 - 10000 - - - - - - - - - - - - - - - -
From 10,001 - 25,000 - - - - - - - - - - - - - - - -
From 25,001 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 75,000 - - - - - - - - - - - - - - - -
From 75,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 125,000 - - - - - - - - - - - - - - - -
Above 125,000 - - - - - - - - - - - - - - - -
2 Renewal Premium
i Individual
From 0 - 10000 1,196 18,798 18,197 1,282,039 3,282 55,377 53,962 3,555,990 991 15,499 14,906 938,691 2,766 43,874 42,627 2,589,460
From 10,001 - 25,000 2,921 16,933 15,766 1,139,195 7,911 53,632 51,104 3,340,533 2,578 14,667 13,588 778,773 6,891 45,276 42,937 2,258,331
From 25,001 - 50,000 2,226 5,316 4,571 210,534 6,029 18,009 16,307 649,509 1,956 4,948 4,239 153,558 5,165 16,235 14,622 449,745
From 50,001 - 75,000 898 1,253 1,062 40,221 2,375 4,731 4,214 139,183 796 802 682 28,745 1,994 3,815 3,403 99,115
From 75,001 - 100,000 941 908 768 23,743 2,447 2,719 2,387 76,047 797 767 622 18,507 1,952 2,322 2,015 58,104
From 100,001 - 125,000 334 229 196 8,643 863 912 822 39,129 266 180 145 8,336 698 766 672 26,949
Above 125,000 1,439 511 407 44,853 3,704 1,649 1,448 95,425 1,162 428 340 39,398 2,800 1,305 1,132 79,903
ii Individual- Annuity
From 0 - 10000 - - - - - - - - - - - - - - - -
Three months ended December 31, 2018 Nine months ended December 31, 2018 Three months ended December 31, 2017 Nine months ended December 31, 2017
Sl. No Particulars
No. of No. of No. of No. of No. of No. of
Premium Sum Insured Premium No. of Lives Sum Insured Premium Sum Insured Premium No. of Lives Sum Insured
Policies * Lives Policies * Policies * Lives Policies *
From 10,001 - 25,000 - - - - - - - - - - - - - - - -
From 25,001 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 75,000 - - - - - - - - - - - - - - - -
From 75,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 125,000 - - - - - - - - - - - - - - - -
Above 125,000 - - - - - - - - - - - - - - - -
iii Group
From 0 - 10000 - - - - - - - - - - - - - - - -
From 10,001 - 25,000 - - - - - - - - - - - - - - - -
From 25,001 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 75,000 - - - - - - - - - - - - - - - -
From 75,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 125,000 - - - - - - - - - - - - - - - -
Above 125,000 87 - - - 146 - - - 186 - - - 732 - - -
iv Group- Annuity
From 0 - 10000 - - - - - - - - - - - - - - - -
From 10,001 - 25,000 - - - - - - - - - - - - - - - -
From 25,001 - 50,000 - - - - - - - - - - - - - - - -
From 50,001 - 75,000 - - - - - - - - - - - - - - - -
From 75,001 - 100,000 - - - - - - - - - - - - - - - -
From 100,001 - 125,000 - - - - - - - - - - - - - - - -
Above 125,000 - - - - - - - - - - - - - - - -
* No of policies in case of First year premium for ISP and INSP refers to no of new policies issued.
* No of policies in case of Renewal premium refers to those policies on which renewal premium is received.
FORM L-37: BUSINESS ACQUISITION THROUGH DIFFERENT CHANNELS (GROUP)
Date: 31-Dec-18
(Rs in Lakhs)
Business Acquisition through different channels (Group)
Three months ended December 31, 2018 Three months ended December 31, 2017 Nine months ended December 31, 2018 Nine months ended December 31, 2017
Sl.No.
No. of Policies/ No. of Lives No. of Policies/ No. of Lives No. of Policies/ No. of Lives No. of Policies/ No. of Lives
Channels Premium Premium Premium Premium
No. of Schemes Covered No. of Schemes Covered No. of Schemes Covered No. of Schemes Covered
1 Individual Agents - - - - - - - - - - - -
2 Corporate Agents - Banks - - - - 280 3 - - - 1 550 5
3 Corporate Agents - Others - - - - - - - - - - - -
4 Brokers 5 3,622 34 5 5,674 67 22 28,801 34 5 5,674 67
5 Micro Agents - - - - - - - - - - - -
6 Direct Business 6 28,434 253 12 16,160 106 18 59,334 1,037 13 18,627 136
Total(A) 11 32,056 286 17 22,114 176 40 88,135 1,071 19 24,851 208
1 Referral (B) - - - - - - - - - - - -
Grand Total (A+B) 11 32,056 286 17 22,114 176 40 88,135 1,071 19 24,851 208
FORM L-38: BUSINESS ACQUISITION THROUGH DIFFERENT CHANNELS (INDIVIDUAL)
Date: 31-Dec-18
(Rs in Lakhs)
Business Acquisition through different channels (Individuals)
Three months ended December Three months ended Nine months ended December Nine months ended
Sl.No. 31, 2018 December 31, 2017 31, 2018 December 31, 2017
Channels
No. of Policies Premium No. of Policies Premium No. of Policies Premium No. of Policies Premium
1 Individual agents (2) (1) 10 (2) (9) (4) (32) (3)
2 Corporate Agents-Banks 96 4 227 26 477 49 471 65
3 Corporate Agents -Others 85 69 1,055 265 225 139 3,337 881
4 Brokers 156 12 265 21 537 13 492 (59)
5 Micro Agents - - - - - - - -
6 Direct Business 14,311 2,261 11,784 2,601 35,012 6,438 32,718 6,950
7 IMF - - - - - - - -
Total (A) 14,646 2,346 13,341 2,912 36,242 6,636 36,986 7,833
1 Referral (B) - - - (0) (2) (2) 3 (5)
Grand Total (A+B) 14,646 2,346 13,341 2,912 36,240 6,634 36,989 7,828
FORM L-39: DATA ON SETTLEMENT OF CLAIMS (INDIVIDUAL)

(Rs in Lakhs)
Ageing of Claims *
No. of claims paid
Total No. of Total amount of
Sl.No. Types of Claims On or before 1-3 3-6 6 months -
1 month > 1 year claims paid claims paid
maturity months months 1 year
1 Maturity Claims - 121 - - - - 121 268
2 Survival Benefit # - 3,206 - - - 1 3,207 1,322
3 For Annuities / Pension - - - - - - - -
4 For Surrender - 1,965 8 2 2 - 1,977 4,687
5 Other benefits ## - 222 2 - - - 224 173
1 Death Claims - 102 - - - - 102 1,160

This data is for quarter ended December 31, 2018
*Ageing is computed from the date of completion of all necessary documentation in case of death claims and date of accounting
in case of Survival / Surrender/Maturity/Annuity/Other benefits
# Rider Claims (Critical Illness) and money backs are reported in Survival Benefit
## Rider Claims (Accident, income Benefit & Waiver Premium), Partial withdrawals and Health Claims are reported in Other Benefits
FORM L-39: DATA ON SETTLEMENT OF CLAIMS (GROUP)

(Rs in Lakhs)
Ageing of Claims *
No. of claims paid
Total No. of Total amount of
Sl.No. Types of Claims On or before 1-3 3-6 6 months -
1 month > 1 year claims paid claims paid
maturity months months 1 year
1 Maturity Claims - - - - - - - -
2 Survival Benefit - - - - - - - -
3 for Annuities / Pension - - - - - - - -
4 For Surrender - - - - - - - -
5 Other benefits - - - - - - - -
1 Death Claims - 21 - - - - 21 214

This data is for quarter ended December 31, 2018
*Ageing is computed from the date of completion of all necessary documentation.
FORM L-40: QUARTERLY CLAIMS DATA FOR LIFE (INDIVIDUAL)

No. of claims only
For
For Survival For Other
Sl. No. Claims Experience For Death Annuities
Maturity Benefit # Surrender Benefits ##
/ Pension
1 Claims o/s at the beginning of the period * 49 5 166 - 194 27
2 Claims reported during the period ** 93 124 3,160 - 2,012 223
3 Claims settled during the period 102 121 3,207 - 1,977 224
4 Claims repudiated during the period 8 - 2 - - 7
a Less than 2 years from the date of acceptance of risk 8 - 2 - - 2
b Greater than 2 year from the date of acceptance of risk - - - - - 5
5 Claims written back - - - - - -
6 Claims o/s at end of the period 32 8 117 - 229 19
a Less than 3 months 24 7 112 - 202 19
b 3 months to 6 months 8 - 1 - 9 -
c 6 months to 1 year - - 4 - 16 -
d 1 year and above - 1 - - 2 -
* Opening balance is the closing balance as on 30/09/2018
** In case of Health claims reported under Other Benefits, Claims reported includes net of claims reopened and claims closed due to other reason
# Rider Claims (Critical Illness) and money backs are reported in Survival Benefit
## Rider Claims (Accident, income Benefit & Waiver Premium), Partial withdrawals and Health Claims are reported in Other Benefits
FORM L-40: QUARTERLY CLAIMS DATA FOR LIFE (GROUP)

No. of claims only
For
For Survival For Other
Sl. No. Claims Experience For Death Annuities
Maturity Benefit Surrender Benefits
/ Pension
1 Claims o/s at the beginning of the period * 5 - - - - -
2 Claims reported during the period 22 - - - - -
3 Claims settled during the period 21 - - - - -
4 Claims repudiated during the period - - - - - -
a Less than 2 years from the date of acceptance of risk - - - - - -
b Greater than 2 year from the date of acceptance of risk - - - - - -
5 Claims written back - - - - - -
6 Claims o/s at end of the period 6 - - - - -
Less than 3 months 6 - - - - -
3 months to 6 months - - - - - -
6 months to 1 year - - - - - -
1 year and above - - - - - -
FORM L-41: GRIEVANCE DISPOSAL

GRIEVANCE DISPOSAL
Sl No. Particulars Opening Balance * Additions Complaints Resolved/ settled during Complaints Total complaints
as at the beginning the quarter Pending at the registered upto the
of the quarter Fully Partial Rejected end of the quarter during the
Accepted Accepted quarter financial year
1 Complaints made by customers

a) Death Claims - - - - - - 3
b) Policy Servicing 1 23 17 - 7 - 83
c) Proposal Processing - 11 4 - 7 - 58
d) Survival Claims - 5 2 - 3 - 15
e) ULIP Related - 1 1 - - - 1
f) Unfair Business Practices 7 159 14 10 134 8 593
g) Others 1 1 1 - 1 - 4
Total Number of complaints: 9 200 39 10 152 8 757
2 Total No . of policies during previous year 68,891

3 Total No. of claims during previous year ** 26,255
4 Total No. of policies during current year 36,280
5 Total No. of claims during current year ** 12,959
6 Total No. of Policy Complaints ( current year) 209
per 10, 000 policies ( current year)
7 Total No. of Claim Complaints (current year) 14
per 10,000 claims registered ( current year)
8 Duration wise Pending Status Complaints made by Complaints Total

customers made by
intermediaries
a) Upto 7 days 7 - 7
b) 7 - 15 days 1 - 1
c) 15-30 days - - -
d) 30-90 days - - -
e) 90 days & Beyond - - -
Total No. of complaints 8 - 8
** Claims refer to Death Claims and Survival Claims (Classification as per IRDA IGMS Master). Partial withdrawals are not considered here.
FORM L-42: VALUATION BASIS (Life Insurance)
a. How the policy data needed for valuation is accessed.

The data used for valuation is obtained from the policy administration systems 'FFA' (Future First Asia) & 'HPMS' (Health Portfolio Management System) for base, fund
and rider coverage.
For group policies, member-wise data is maintained and provided in an MS Excel based system
b. How the valuation bases are supplied to the system

Majority of the policy liability under Individual Par and Individual Non Par business (excluding unit liabilities) have been valued using actuarial software called
'MoSes'. The assumptions for each plan are fed in MoSes. Monthly cash flows are then projected by MoSes to determine the reserves using the specific characteristics
of each policy such as age at entry, sum assured, term, etc. A small proportion of the policy liabilities are valued using the excel spreadsheets. The valuation basis is
supplied in the excel template.
1) Interest : Maximum and minimum interest rate taken for each segment
i. Individuals Business
1. Participating policies Max: 6.70% and Min: 5.50%
2. Life - Non-participating Policies Max: 8.24% and Min: 5.50%
3. Annuities - Participating policies Not Applicable
4. Annuities - Non-participating policies Max: 5.24% and Min: 1.98%
5. Annuities - Individual Pension Plan Not Applicable
6. Unit Linked Max: 6.25% and Min: 5.50%
7. Health Insurance Max: 6.25% and Min: 5.50%
ii. Group Business Max: 6.25% and Min: 5.50%
2) Mortality Rates : the mortality rates used for each segment

1. Participating policies Max: 107.25% and Min: 74.25% of IAL 06-08
2. Life - Non-participating Policies Max: 181.5% and Min: 19.25% of IAL 06-08
4. Annuities - Non-participating policies 100% of Mortality for annuitants - LIC (a) (1996-98) Ultimate Rates
6. Unit Linked Max: 107.25% and Min: 74.25% of IAL 06-08
7. Health Insurance 60.75% of IAL 06-08
ii. Group Business Max: 181.5% and Min: 49.50% of IAL 06-08
3) Expense : (per policy & premium related maintenance expense)

1. Participating policies Rs.279 to Rs.684 p.a. & 1% of renewal premium
2. Life - Non-participating Policies Rs.279 to Rs.684 p.a. & 1% to 3% of renewal premium
4. Annuities - Non-participating policies Rs.266 p.a.
6. Unit Linked Rs.279 to Rs.684 p.a. & 0.5% of renewal premium
7. Health Insurance Rs. 644 to Rs.979 p.a. (Primary) & Rs.308 to Rs. 329 p.a. (Secondary)
ii. Group Business
1. Non Linked Regular Premium : Rs.268 + 1% of Renewal Premium
2. Unit Linked 18% of Single Premium
4) Bonus Rates (Declared on 31st March 2018) :

1. Life - Participating policies Min: 0.72% to Max: 7.5% (simple reversionary bonus)
2. (i) Pension - Participating policies Min: 1.6% to Max: 2.4% (simple reversionary bonus)
(ii) Pension - Participating policies 5% (terminal bonus) for policies maturing in FY 18-19.
ii. Group Business Not Applicable
5) Policyholders Reasonable Expectations:
Policyholders' reasonable expectations (PRE) are formed on the basis of the sales Illustrations and other policy communication provided by the company to its
participating policyholders. The company provides bonus rates under 6% and 10% interest rate scenarios for products launched uptil 2013 and provides bonus rates under
4% and 8% interest rate scenarios for products launched post 2014. The company considers this PRE while declaring bonus rates to its participating policyholders.
6) Taxation and Shareholder Transfers:
Mathematical reserves include allowance for shareholder share and taxes as applicable during the period of projection. The tax rate is as per prevailing laws. Currently
we have used a policyholder tax rate of 12.50% base plus applicable surcharge and cess. For shareholders’ share, we have considered 1/9th of the value of bonus
distributable to the policyholder
7) Basis of provisions for Incurred But Not Reported (IBNR):
IBNR reflects the total amount owed by the company to all valid claimants where the contingent event covered under the policy has occurred but has not been
reported. An explicit provision for IBNR was made based on the chain ladder method for Individual business and Group Linked business and total of last two months
mortality charges collected for Group Non Linked business.
8) Change in Valuation Methods or Bases

i. Individuals Assurances
Interest assumption has been revised taking into account the observed movement of G-Sec yield in the
1. Interest
market
2. Expenses Renewal expenses are revised to reflect the average inflation in FY 17-18.
3. Inflation No Change
4. Mortality Mortality assumptions have been revised in line with emerging experience.
ii. Annuities
1. Interest No Change
a. Annuity in payment No Change
b. Annuity during deferred period Not Applicable
c. Pension : All Plans Not Applicable
2. Expenses No Change
4. Mortality No Change
iii. Unit Linked
1. Interest
market
4. Mortality Mortality assumptions have been revised in line with emerging experience.
iv. Health
1. Interest
market
v. Group
1. Interest
market
* All assumptions described above include margins for adverse deviations (MADs)

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FORM L-1-A-RA

Aegon Life Insurance Company Limited

Policyholders’ Account (Technical Account)

Income From Investments

Commission L-5 7,829 24,025 13,190 34,783

Benefits Paid (Net) L-7 643,501 1,971,887 772,006 2,361,472

Transfer to Shareholders’ Account - - - -

Shareholders’ Account (Non-technical Account)

Income From Investments

Other Income - - 199 559

Profit/(Loss) before tax (322,542) (872,310) (190,638) (565,440)

BALANCE SHEET AS AT DECEMBER 31, 2018

Borrowings L-11 700,000 700,000 700,000

Funds for Discontinued Policies

Funds For Future Appropriations

Current Liabilities L-19 1,975,534 1,317,918 1,602,288

Net Current Assets (C) = (A – B) (129,122) 24,770 181,691

FORM L-5 COMMISSION SCHEDULE

Break-up of Commission Expense (Gross) incurred to procure business

FORM L-6-OPERATING EXPENSES SCHEDULE

Employees’ remuneration and welfare benefits 249,996 706,200 235,190 660,096

FORM L-7-BENEFITS PAID SCHEDULE

(Amount ceded in reinsurance):

Amount accepted in reinsurance :

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-8-SHARE CAPITAL SCHEDULE

Authorised Capital 20,000,000 20,000,000 20,000,000

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-9-PATTERN OF SHAREHOLDING SCHEDULE

SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-10-RESERVES AND SURPLUS SCHEDULE

FORM L-11-BORROWINGS SCHEDULE

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-12-INVESTMENTS SHAREHOLDERS SCHEDULE

SHORT TERM INVESTMENTS

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-13-INVESTMENTS POLICYHOLDERS SCHEDULE

SHORT TERM INVESTMENTS

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-14-ASSETS HELD TO COVER LINKED LIABILITIES SCHEDULE

SHORT TERM INVESTMENTS

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-15-LOANS SCHEDULE

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-16-FIXED ASSETS SCHEDULE

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-17-CASH AND BANK BALANCE SCHEDULE

CASH AND BANK BALANCES

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-18-ADVANCES AND OTHER ASSETS SCHEDULE

SCHEDULES FORMING PART OF BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-19-CURRENT LIABILITIES SCHEDULE

Agents’ Balances 32,685 30,013 36,274

FORM L-20-PROVISIONS SCHEDULE

For taxation (less payments and taxes deducted at source) - - -

SCHEDULE FORMING PART OF THE BALANCE SHEET AS AT DECEMBER 31, 2018

FORM L-21-MISCELLANEOUS EXPENDITURE SCHEDULE

Insurer: Aegon Life Insurance Company Limited 31-Dec-18

Analytical Ratios for Life Companies

Equity Holding Pattern for Life Insurers

FORM L-23-RECEIPTS AND PAYMENTS SCHEDULE

CASH FLOWS FROM INVESTING ACTIVITIES

CASH FLOWS FROM FINANCING ACTIVITIES