INDIAFIRST LIFE INSURANCE COMPANY LIMITED

Registration with IRDA : 143 dated 5th November 2009

Form-L-22-ANALYTICAL RATIOS

Quarter ended Period ended Quarter ended 30 Period ended

Sr. No. Particular
30 Jun 2020 30 Jun 2020 Jun 2019 30 Jun 2019
1 New business premium income growth rate - segment wise
a) Linked Business Individual (50.60%) (50.60%) 2.41% 2.41%
b) Linked Business Group 128.71% 128.71% 1.28% 1.28%
c) Linked Pension Business Nil Nil Nil Nil
d) Non-Linked Business Individual (25.16%) (25.16%) (0.82%) (0.82%)
e) Non-Linked Business Individual Variable (58.61%) (58.61%) (88.30%) (88.30%)
f) Non Par Non Linked Health Business Nil Nil (100.00%) (100.00%)
g) Non Par Non Linked Individual Annuity 15.64% 15.64% 50.00% 50.00%
h) Non-Linked Business Group Pension (43.87%) (43.87%) (99.71%) (99.71%)
i) Non-Linked Business Group (0.59%) (0.59%) 64.20% 64.20%
j) Non-Linked Business Group Health (78.30%) (78.30%) 1901.26% 1901.26%
k) Non-Linked Business Group Variable (100.00%) (100.00%) 376045.17% 376045.17%
l) Non-Linked Business Group Pension Variable (90.59%) (90.59%) Nil Nil
m) Participating Non Linked Individual (16.77%) (16.77%) 53.16% 53.16%
n) Participating Non Linked Individual Pension (72.43%) (72.43%) 56.95% 56.95%
o) Participating Non Linked Group Pension Nil Nil Nil Nil
p) Participating Non Linked Group Pension Variable (74.71%) (74.71%) 26.63% 26.63%
q) Participating Non Linked Group Non Pension Variable (21.28%) (21.28%) (65.97%) (65.97%)
r) Total Business (39.89%) (39.89%) 28.98% 28.98%
2 Net Retention Ratio 95.11% 95.11% 97.24% 97.24%
3 Expense of Management to Gross Direct Premium Ratio 21.41% 21.41% 15.97% 15.97%
4 Commission Ratio (Gross commission paid to Gross Premium) 2.78% 2.78% 3.13% 3.13%
5 Ratio of policy holder's liabilities to shareholder's funds 20.10 20.10 23.32 23.32
6 Growth rate of shareholders' fund 21.75% 21.75% 1.93% 1.93%
7 Ratio of surplus to policyholders' liability 0.00 0.00 0.00 0.00
8 Change in net worth (Rs.in '000) 1,311,740.79 1,311,740.79 114,332.74 114,332.74
9 Profit after tax/Total Income (0.96%) (0.96%) (6.30%) (6.30%)
10 (Total real estate + loans)/(Cash & invested assets) 0.06 0.06 0.05 0.05
11 Total investments/(Capital + Surplus) 16.29 16.29 19.24 19.24
12 Total affiliated investments/(Capital+ Surplus) 0.95% 0.95% 1.97% 1.97%
13 Investment Yield (Gross and Net)
A. Without Unrealised Gain
Shareholder's Fund 7.65% 7.65% (30.91%) (30.91%)
Policholder's Fund
Non Linked
Par 7.69% 7.69% 7.46% 7.46%
Non Par 7.44% 7.44% 7.22% 7.22%
Linked
Non Par (0.98%) (0.98%) 2.43% 2.43%
B. With Unrealised Gain
Shareholder's Fund 21.81% 21.81% (29.59%) (29.59%)
Policholder's Fund
Non Linked
Par 18.80% 18.80% 13.60% 13.60%
Non Par 17.39% 17.39% 10.48% 10.48%
Linked
Non Par 54.89% 54.89% 3.87% 3.87%
14 Conservation Ratio
a) Linked Business Individual 86.84% 86.84% 84.97% 84.97%
b) Linked Business Group NA NA NA NA
c) Linked Pension Business 90.81% 90.81% 91.07% 91.07%
d) Non-Linked Business Individual 72.63% 72.63% 86.42% 86.42%
e) Non-Linked Business Individual Variable 88.10% 88.10% 65.88% 65.88%
f) Non Par Non Linked Health Business 26.33% 26.33% 31.34% 31.34%
g) Non Par Non Linked Individual Annuity NA NA NA NA
h) Non-Linked Business Group Pension NA NA NA NA
i) Non-Linked Business Group 5.46% 5.46% NA NA
j) Non-Linked Business Group Health NA NA NA NA
k) Non-Linked Business Group Variable NA NA NA NA
l) Non-Linked Business Group Pension Variable NA NA NA NA
m) Participating Non Linked Individual 69.12% 69.12% 81.69% 81.69%
n) Participating Non Linked Individual Pension 74.13% 74.13% 90.14% 90.14%
o) Participating Non Linked Group Pension NA NA NA NA
p) Participating Non Linked Group Pension Variable NA NA NA NA
q) Participating Non Linked Group Non Pension Variable NA NA NA NA
15 Persistency Ratio (excluding single premium based on no. of policies)*
For 13th month 66.60% 66.60% 65.43% 65.43%
For 25th month 55.93% 55.93% 57.58% 57.58%
For 37th month 50.45% 50.45% 53.10% 53.10%
For 49th Month 48.34% 48.34% 45.32% 45.32%
for 61st month 37.59% 37.59% 37.30% 37.30%
Persistency Ratio (excluding single premium based on premium)*
For 13th month 73.81% 73.81% 75.07% 75.07%
For 25th month 65.38% 65.38% 67.66% 67.66%
For 37th month 61.01% 61.01% 63.29% 63.29%
For 49th Month 57.62% 57.62% 51.27% 51.27%
for 61st month 39.82% 39.82% 38.05% 38.05%
Persistency Ratio (including single premium based on no. of policies)*
For 13th month 78.18% 78.18% 74.75% 74.75%
For 25th month 67.41% 67.41% 62.61% 62.61%
For 37th month 55.77% 55.77% 64.90% 64.90%
For 49th Month 59.19% 59.19% 63.07% 63.07%
for 61st month 46.44% 46.44% 53.42% 53.42%
Persistency Ratio (including single premium based on premium)*
For 13th month 79.03% 79.03% 79.16% 79.16%
For 25th month 69.82% 69.82% 71.67% 71.67%
For 37th month 64.82% 64.82% 70.36% 70.36%
For 49th Month 64.14% 64.14% 68.55% 68.55%
for 61st month 54.11% 54.11% 59.14% 59.14%
16 NPA Ratio
Gross NPA Ratio 1.40% 1.40% 1.47% 1.47%
Net NPA Ratio 0.00% 0.00% 0.55% 0.55%
17 Solvency Ratio 180.00% 180.00% 179.00% 179.00%
Equity Holding Pattern for Life Insurers
1 (a) No. of shares 663,461,539 663,461,539 625,000,000 625,000,000
2 (b) Percentage of shareholding (Indian / Foreign)
Indian 74.00% 74.00% 74.00% 74.00%
Foreign 26.00% 26.00% 26.00% 26.00%
3 ( c) %of Government holding (in case of public sector insurance companies) 0.00% 0.00% 0.00% 0.00%

(a) Basic and diluted EPS before extraordinary items (net of tax expense) for the
4 (0.18) (0.18) (0.97) (0.97)
period (not to be annualized)
(b) Basic and diluted EPS after extraordinary items (net of tax expense) for the period
5 (0.18) (0.18) (0.97) (0.97)
(not to be annualized)
6 (iv) Book value per share (Rs) 11.07 11.07 9.65 9.65