IFFCO Tokio General Insurance is a joint venture between Indian Farmers Fertiliser Cooperative and its associates and Tokio Marine and Nichido Fire Group


the Annual Report of the IFFCO Tokio General Insurance Company is given below

Particulars 2015-16


Gross Written Premium 3,762.44

Less: Reinsurance Premium 803.33

Net Premium 2,959.11

Less: Adjustment for Changes in Reserve for Unexpired Risk 154.16

Earned Premium (A) 2,804.95

Commission Expenses – Net 49.54

Net Incurred Claims 2,219.67

Expenses of Management 729.11

Other Expenses ( 1.03)

T otal Underwriting Expenses (B) 2,997.29

Underwriting Profit/(Loss) (A) – (B) (192.34)

Investment Income allocated to Revenue account 362.92

Operating Profit/(Loss) 170.58

Investment Income allocated to P & L A/C 69.49

Others Income/(Expenses) (0.14)

Profit /(Loss) Before T ax 239.93