A presentation on Financial performance analysis on Agriculture Insurance Company of India(AIC). The full Presentation describes about the financial performance During the rabi and kariff Seasons.

1. FINANCIAL PERFORMANCE
ANALYSIS ON
FINANCIAL PERFORMANCE ANALYSIS ON
AGRICULTURE INSURANCE COMPANY OF
INDIA LIMITED (AIC)
Karteek Chedadeepu
BIFAAS
PGDM
SSIM

2. ➢ Claiming of risk from droughts,pests and diseases
➢ Agriculture insurance company came in 20th December 2002
different types of insurances
➢ Crop Insurance, Wheather Insurance, National Agriculture
Insurance Scheme, Pradhana Manthri Fasal Bhima Yojana, Varsha
Bheema Yojana.
➢ The first crop insurance scheme was “General Insurance”
Department of Life Insurance Corporation of India
➢ Prof V.M. Dandekar is the father of crop insurance,introduced the
pilot crop insurance in 1979
AGRICULTURE INSURANCE:

3. EVOLUTION OFAGRICULTURE INSURANCE SCHEMES
Name of the policy under Agriculture
Insurance
Time period
Comprehensive crop insurance 1985-1997
Experimental crop insurance 1997-98
National agriculture insurance scheme 1997-2000
Pilot scheme on seed crop insurance 2000
Farm income insurance scheme 2003-04
Pradana manthri fasal bhima yojana 2016 febrauary

4. REVIEW OF LITERATURE
➢ The agriculture insurance study on the income guarantee scheme or the risk
management tool,investment in infrastructure. -Jennifer iftt
➢ A study on interstate companies with respect to crop insurance ,the AIC
taken the role of implementation agency from analysis it shows the AIC
cannot bears all risk and gives poor interest, the private companies will bear
all risk. -Sinha
➢ Farmers perception and awareness about crop insurance in north east part of
India. - gowdappa, sb reddy, chandrashekar
➢ A study on farmers perception and awareness toward risk management tool.
-Suresh kumara, Barahb,ranganathana

5. OBJECTIVE OF STUDY
➢ The main objective of study is to know the
financial performance of the agriculture insurance
company.
➢ How many farmers were insured,from sum of
amount. And it can know the analysis from the
data.

6. RESEARCH METHODOLOGY
➢ This study is based on the secondary data
➢ The data is collected from the the
agriculture insurance company and IRDAI
annual reports

7. Data Analysis On Agri Insurance Company
Particulars 2009-10 2010-11 2011-2012 2012-13 2013-14 2014-15
Gross Direct
Premium
Growth Rate
82.42 2826 3214 2796 296 -19.30
Gross Direct
Premium To
Net Worth
Ratio*
196.95 173.09 186.60 189.06 1.7 1.28
Net Retention
Ratio
83.43 65.81 52.67 48.38 50.08 54.62
Net
Commission
Ratio
-3.49 -9,89 -17.43 -13.95% -10.13% -4.56
Expenses Of
Management
To Gross Direct
Premium Ratio
1.7 2.78 2.38 2.37 2.89 3.70
Combined
Ratio
93.95 75.89 60.48 79.51 98.24 108.55
Underwriting
Balance Ratio
-11.24 32.11 36.8 14.7 0.02 -0.09
Net Earnings
Ratio
2.63 29.63 37 21.83 14.62 11.23
Solvency 2.07 3.71 3.18 2.47 2.6 3.18

8. 100
80
60
40
20
0
Net
RRatio
-20
-15
etention
-10
-5
0
Net
Commission
Ratio
2009-10
2010-2011
2011-12
2012-13
2013-
14…
2014-15
3
2.5
2
1.5
1
0.5
0
Expenses of
Management
to Gross
Direct
Premium
Ratio
-20
-10
0
10
20
30
40
Underwriting
Balance Ratio
40
35
30
25
20
15
10
5
0
Net
Earnings
Ratio
4
3
2
1
0
Available
Solvency Margin
Ratio to Required
Solvency Margin
Ratio*
KEY ELEMENTS OFAIC
-5
0
5
10
15
20
25
30
35
2
2
2
2
2
2
Gross Direct Premium Growth Rate
009-10
010-11
011-2012
012-13
013-14
014-15

9. INTERPRETATIONS
➢ The gross domestic premium have an increase in the 2011 and there
is a change in 2015
➢ The net retention period has slightly decreased year
➢ The net commission period has slightly decreased and increased in
2015
➢ The combined ratio has gradually increased
➢ Net earnings ratio has been gradually increased and decreased
slightly
➢ Under write of balance ratio starts with negative. And there is a slight
I
➢ Increased and it came to negative points.

10. Present status Rabi crop insurance for 2011-15
Rabi
2010-11
Rabi 2011-
12
Rabi
2012-13
Rabi
2013-14
year No of
farmers
insured
Sum
insured
No of
farmers
insured
Sum
insured
No of
farmers
insured
Sum
insured
No of
farmers
insured
Sum
insured
2011-
12
16.67 1,128
crore
4.17
lakh
1,128
crore
496787
8
110105
5.62
- -
2012-
13
5.97 1,531
cror
- -
523929
9
112839
3.63
523929
9
112839
3.63
2013-
14
- - 20.37
crore
283458
crore
15702 11.636
136713
614167
7
157100
8.05
2014-
15
- - - - - -
397358
8
125520
4.1

11. Karif Crop Insurance For 2010-15
Karif
2011
Karif
2012
Karif
2013
Karif
2014
Year No of
farmer
s
insure
d
Sum
Insured
No of
farmers
insured
Sum
Insured
No of
farmers
insured
Sum
Insured
No of
farmers
insured
Sum
Insured
2011-12 - - 18.76
Crore
2,44,68
0 crore.
115545
61
234871
0.3
- -
2012-13 - - 20.37
Crore
283458
Crore
106454
05
271813
6
1064935
4
271990
6.0
2013-14 - - - - 103224
01
297960
1.5
9749600 290021
8.3
2014-15 - - - - - - 9683529 243878
3.9

12. Rabi 2010-11 18.76 crore
1,128 crore 4.17 lakh 1,128
crore
Rabi 2011-12 5.97 lakh 1,531
cror - -
Rabi 2012-13 - - 20.37crore
283458 crore
Rabi 2013-14
0
1000000
2000000
3000000
4000000
7000000
6000000
5000000
farmers insured
sum
farmers insured
sum
Kharif 2011 - - 18.76
crore 2,44,680crore.
Kharif 2012 - -
20.37
crore 283458 crore
Kharif 2013 - - -
-
Kharif
2014
2000000
0
4000000
6000000
8000000
14000000
12000000
10000000
farmers insured
2013-2014sum
2014-15 farmers insured
sum
Karif
Rabi

13. ANALYSIS OF CURRENT STATUS ON RABI AND
KARIF CROPS
➢ In 2010-11, Number of farmers were insured 16.67 for sum of 1,128
crores.
➢ In the Year 2011-12, These are the farmers were insured 4.17 lakh,
for sum of the 1,128 crore

14. CONCLUSION
➢ It is very important to the farmers, to mitigate the losses
➢ We can know the financialperformance of the agriculture
insurance company
➢ By this we can know the how many farmers are insured.
➢ And the growth of the company.
➢ It explains the less risk to farmers if they were insured.

15. THANK YOU