India’s Top PSUs 2019

India’s Top PSUs 2019 70 Dun & Bradstreet D-U-N-S® No Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income Net Premium Earned AUM Ratios (%) Solvency Ratio Net Premium Growth Dun & Bradstreet D-U-N-S® No Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income Net Premium Earned AUM Ratios (%) Solvency Ratio Net Premium Growth Dun & Bradstreet D-U-N-S® No Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income Net Premium Earned AUM Ratios (%) Solvency Ratio Net Premium Growth Agriculture Insurance Company of India Limited About the Company Agriculture Insurance Company of India Ltd (AIC) was incorporated in Dec 2002 and commenced business from Apr 2003. The company is primarily engaged in offering yield-based and weather-based crop insurance in 500 districts in India. Few of the agriculture insurance schemes offered by AIC are weather-based crop insurance scheme, potato insurance, Pulp wood tree insurance, rainfall insurance, bio fuel tree plant insurance scheme, cardamom plant and yield insurance scheme, potato insurance, pulpwood insurance, and rubber plantation insurance among others. In FY 2018, AIC recorded gross direct premium of INR 789,339 Lakhs registering y-o-y growth of 13.09%. As of 31-Mar-2018, solvency ratio of the company was to 2.03 compared to 1.84 in FY 2017. Plate B & C, 5 Floor, Block 1, East Kidwai Nagar, New Delhi - 110023, Delhi Website: www.aicofindia.com 65-004-8122 23,211.5 N.A. 17,795.2 N.A. 75,897.0 N.A. 2.0 N.A. (11.2) N.A. General Insurance Corporation of India About the Company General Insurance Corporation of India (GIC Re) was incorporated in 1972 with the purpose of superintending, controlling and carrying on the business of general insurance. After the enactment of IRDA, 1999, GIC Re was renotified as the Indian reinsurer in 2000, and subsequently its ownership was vested with the GoI in 2003. GIC Re is a global reinsurance and risk solutions provider. In India, GIC Re provides reinsurance to the direct general insurance companies, being the sole reinsurer in the domestic arena. Across the border, the company has presence in the Afro-Asian region, SAARC countries, South East Asia, Middle East and Africa. The company operates offices in Dubai, Malaysia, London and Moscow. Suraksha, 170, Jamshedji Tata Road, Churchgate, Mumbai - 400020, Maharashtra Website: www.gicofindia.com 65-073-3371 434,498.6 443,034.6 380,960.5 376,790.8 478,165.2 N.A. 1.7 2.1 42.6 (1.1) ECGC Limited About the Company ECGC Ltd (ECGC), established in 1957, is a premier export credit agency of the Government of India. ECGC provides a range of credit risk insurance cover to exporters against loss in export of goods and services. ECGC also offers export credit insurance cover to banks and financial institutions. Moreover, the company provides overseas investment insurance to Indian companies investing in joint ventures abroad in the form of equity or loan. As of Mar 31, 2018, ECGC had 34,740 covers in force with a maximum liability of ` 961.01 bn. The total risk value covered during the year for exporters was ` 1773.49 bn and for banks was ` 4566.84 bn with total insured value of ` 6414.49 bn. Express Towers, 10th Floor, Nariman Point, Mumbai - 400021, Maharashtra Website: www.ecgc.in 86-242-3225 15,355.3 N.A. 8,392.4 N.A. 84,863.3 N.A. 9.9 N.A. (3.7) N.A.