78
P3f/f}+ jflif{s k|ltj]bg @)&!÷)&@ lzv/ OG:of]/]G; s+= ln=

Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

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Page 1: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

P3f/f}+ jflif{s k|ltj]bg

@)&!÷)&@

lzv/ OG:of]/]G; s+= ln=

Page 2: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

Joj:yfkg

lbk k|sfz kf08]k|d'v sfo{sf/L clws[t

k'is/ dxtjl/i7 ;Nnfxsf/ahf/ Joj:yfkg

ljsf; h+uaxfb'/ /f0ffcWoIf

;+rfns ;ldlt

OGb| k|;fb sdf{rfo{:jtGq ;+rfns

:sGb cdfTo;+rfns

;j{;fwf/0f z]o/wgLx?sf] t˚{af6

/d]z s'df/ n'O{+6]n;+rfns

a'4 Po/ k|f= ln= sf] t˚{af6

cf+ l5/L z]kf{;+rfns

uf}/j cu|jfn;+rfns

la=s]= cu|jfnla=s]= cu|jfn P08 s+=, rf6{8{ PsfpG6]G6;\

n]vfk/LIfs

lh=lk= /fhjfxs P08 s+=rf6{8{ PsfpG6]G6;\cfGtl/s n]vfk/LIfs

;'zLn s'df/ kGtsfg"gL ;Nnfxsf/h'l/i6 P08 s+=

/fds[i0f lg/fnfsfg"gL ;Nnfxsf/

dg' n kmd{

ladn /fh g]kfnjl/i7 ;Nnfxsf/bfjL tyf k'gaL{df

;ljtf df:s]gfoa dxfk|aGwsc08//fOl6·

plbt sfn];xfos dxfk|aGws

cg';Gwfg tyf ljsf;

al/idf cfrfo{ -;fpb_;xfos dxfk|aGwsbfjL tyf xjfO{ aLdf

k|HHjn cfrfo{;xfos dxfk|aGws

k"jf{~rn If]qLo sfof{no

/fh]Gb| k|;fb >]i7;+rfns

;'/h /fhjfxsn]vf k|aGws tyfsDkgL ;lrj

k|sfz yfkfjl/i7 k|aGws

bfjL

Page 3: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!

o; sDkgLsf] ;+rfns ;ldltsf] ldlt @)&@÷!!÷!! ut] a;]sf] ;+rfns ;ldltsf] !#% cf}+ a}7ssf] lg0f{ofg';f/lgDg lnlvt ldlt, ;do tyf :yfgdf lgDg k|:tfj pk/ 5n˚n u/L lg0f{o ug{ sDkgLsf] P3f/f}+ jflif{s ;fwf/0f ;efa:g] ePsf]n] ;Dk"0f{ z]o/wgL dxfg'efjx¿nfO{ pkl:yltsf] nflu cg'/f]w 5 .

ldlt, ;do / :yfgM

ldlt M @)&@ ;fn r}t % ut] z'qmaf/ -tb\g';f/ !* dfr{, @)!^_�.

;do M laxfg !!M)) ah] .

:yfg M sDkgLsf] s]Gb|Lo sfof{no, lzv/ lah ;]G6/, yfkfynL, sf7df8f}+ .

5n˚nsf ljifox¿M!= ;fdfGo k|:tfjM

s= cf=j= @)&!÷)&@ sf] ;+rfns ;ldltsf] jflif{s k|ltj]bg pk/ 5n˚n u/L ;f]nfO{ kfl/t ug]{ af/] .

v= cf=j= @)&!÷)&@ sf] n]vfk/LIf0f k|ltj]bg ;lxtsf] ljQLo ljj/0fx¿ pk/ 5n˚n u/L ;f]nfO{ kfl/t ug]{ .

u= ;+rfns ;ldltaf6 k|:tfljt !=@^#!%*∞ gub nfef+z kfl/t ug]{ -k|:tfljt af]g; z]o/sf] s/ k|fof]hgfy{_ .

3= n]vfk/LIf0f ;ldltsf] l;kmfl/; adf]lhd cfly{s jif{ @)&@÷)&# sf] nflu n]vfk/LIfssf] lgo'lQm tyf kfl/>ldstf]Sg] -la=s]= cu|jfn P08 sDkgL rf6{8 PsfpG6]G6;\ k'gM lgo'lQmsf] nflu of]Uo x'g''x'G5 ._

ª= ;j{;fwf/0f z]o/wgLx¿sf] tkm{af6 k|ltlglwTj ug]{ ;+rfns kb ;+Vof – ! sf] lgjf{rg ug]{ af/] .

r= ljljw .

@= ljz]if k|:tfjMs= ;+rfns ;ldltsf] k|:tfj adf]lhd r'Qmf k"“hLsf] @$ k|ltzt af]g; z]o/sf] k|:tfj kfl/t ug]{]{ . -af]g; z]o/

ljt/0f ubf{ vl08t z]o/sf] xsdf dflyNnf] glhssf] c+sdf kl/0ft ug]{ / ;f] ubf{ ;fljss} z]o/ :jfldTj-k"“hL ∞_ sfod /fVg] u/L hf/L k"“hL tyf r'Qmf k"“hL ;+zf]wg ug]{ . o;/L z]o/ ;+Vof yk36 ug]{ clwsf/;+rfns ;ldltnfO{ lbg] ._

v= sDkgLn] ;+rfns ;ldltsf] lg0f{o adf]lhd ul/Psf] rGbf tyf ;+:yfut ;fdflhs pQ/bfloTj cGtu{tsf vr{/sdnfO{ cg'df]bg ug]{ af/] .

u= k|aGw–kq tyf lgodfjnLdf cfjZos ;+zf]wg ug]{ / ;f] sfo{ ;DkGg ug{ ;+rfns ;ldltnfO{ cfjZos ;Dk"0f{clwsf/ k|Tofof]hg ug]{ .

lzv/ OG:of]/]G; sDkgL ln= sf]P3f/f}+ jflif{s ;fwf/0f ;ef a:g] ;DaGwL ;"rgf

;+rfns ;ldltsf] cf1fn]sDkgL ;lrj

Page 4: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

@

;fwf/0f ;ef ;DaGwL hfgsf/L

!= ;efdf efu lng cfpg' x'g] dxfg'efjx¿n] k|j]z–kq jf cfgf] z]o/ k|df0f–kq k|:t't u/]kl5 dfq

;ef sIfdf k|j]z ug{ kfOg] 5 . s'g} z]o/wgL dxfg'efjn] s'g} sf/0fjz k|j]z–kq k|fKt ug{ g;Sg'

ePdf sDkgLsf] s]Gb|Lo sfof{no, lzv/ lah ;]G6/, yfkfynL, sf7df8f}+df ;fwf/0f ;ef x'g] ldlt

cufj} ;Dks{ /fVg' eO{ k|j]z kq k|fKt ug'{ x'g cg'/f]w ul/G5 .

@= ;efdf efu lngsf nflu k|ltlgw -k|f]S;L_ lgo'Qm ug{ rfxg] z]o/wgL dxfg'efjx¿n] k|ltlglw

-k|f]S;L_ ˚f/fd ;ef x'g] lbg eGbf slDtdf $* 306f cufj} cyf{t\ @)&@÷!@÷)# ut] lbgsf] !!M))

ah]leq sDkgLsf] s]Gb|Lo sfof{nodf btf{ u/fO;Sg' kg]{5 . Ps hgf z]o/wgLn] Ps hgfeGbf a9LnfO{

k|ltlglw -k|f]S;L_ lgo'Qm ug{ ;lsg] 5}g . PseGbf a9L k|ltlglw -k|f]S;L_ lgo'Qm ePsf] kfOPdf

;a}eGbf klxnf sDkgLdf btf{ ePsf] k|ltlglw -k|f]S;L_ dfq dfGo x'g]5 . k|ltlglw -k|f]S;L_ lgo'Qm

ul/;s] kl5 k|ltlglw -k|f]S;L_ ab/ gu/L s'g} z]o/wgLn] ;efdf efu lng rfx]df efu lng ;Sg'

x'g]5 . t/ dtbfg ug{ kfpg' x'g] 5}g .

#= gfafns jf ljIfLKt z]o/wgLx¿sf] t {̊af6 sDkgLsf] z]o/wgLx¿sf] nut lstfadf ;+/Ifssf] ¿kdf

gfd btf{ ePsf] JolQmnfO{ dfq ;+/Ifssf] ¿kdf dfGotf lbOg] 5 .

$= ;+o'Qm ¿kdf /x]sf] z]o/wgLsf] xsdf z]o/wgLsf] nut lstfadf klxnf] gfd pNn]v ePsf] JolQmn]

cyjf ;j{;Ddltaf6 k|ltlglw -k|f]S;L_ lgo'Qm ul/Psf] Ps hgf JolQmn] dfq ;efdf efu lng kfOg]

5 .

%= ;efsf] lbg ;ef z'¿ x'g'eGbf cufj} ;ef sIfdf pkl:yt eO{ lbg'x'g ;Dk"0f{ z]o/wgL dxfg'efjx¿nfO{

cg'/f]w ul/G5 .

^= ldlt @)&@ ;fn kmfu'g @) ut]b]lv ;fwf/0f ;ef ;DkGg gx'Gh]n;Dd z]o/ bflvn vf/]h aGb

ul/Psf] 5 .

&= 5nkmnsf] ljifo cGtu{t ljljw zLif{s ;DaGwdf z]o/wgL dxfg'efjx¿n] 5nkmn ug{ rfxg' ePsf]

ljifoaf/] @)&@ ;fn kmfu'g @# ut];Dd sDkgL ;lrj dfkm{t ;+rfns ;ldltsf] cWoIfnfO{ lnlvt

hfgsf/L lbg'kg]{5 . To:tf] ljifo ;+rfns ;ldltsf] cWoIfnfO{ plrt nfu]df dfq 5nkmnsf] nflu

;dfj]z ul/g] 5 .

*= ;ef ;DaGwL cGo lj:t[t hfgsf/Lsf] nflu sDkgLsf] s]Gb|Lo sfof{no, lzv/ lah ;]G6/, yfkfynL,

sf7df8f}+df, sfof{no ;doleq ;Dks{ /fVg cg'/f]w ul/G5 .

(= sDkgLsf] ;+rfns kbsf] lgjf{rg ;DaGwL ;Dk"0f{ ;"rgf Pj+ hfgsf/Lx¿ sDkgLsf] s]lGb|o sfof{nosf]

;"rgf kf6Ldf 6f“; ul/g] 5 .

Page 5: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

lzv/ OG:of]/]G; sDkgL lnld6]8lzv/ lah ;]G6/, yfkfynL, kf]i6 aS; g+= !)^(@, sf7df8f}+, g]kfn .

˚f]g g+= $@$^!)!, ofS; g+= (&&–!–$@$^!)#

k|j]z–kq

z]o/wgLsf] gfdM ===================================================================================================================================

z]o/wgLsf] ;xL ===========================================, z]o/ k|df0f–kq g+= ============================= z]o/ ;+VofM =================

lzv/ OG:of]/]G; sDkgL lnld6]8sf] @)&@ ;fn r}t % ut] z'qmjf/sf lbg x'g] P3f/f}+ jflif{s ;fwf/0f ;efdf pkl:yt

x'g hf/L ul/Psf] k|j]z–kq .

gf]6M z]o/jfnf cf }̊+n] vfnL sf]i6x¿ eg'{ xf]nf .-;ef sIfdf k|j]z ug{ of] k|j]z kq clgjfo{ ¿kdf lnO{ cfpg' x'g cg'/f]w 5 ._

>L ;+rfns ;ldlt,lzv/ OG:of]/]G; s= ln=yfkfynL, sf7df8f}+ .

ljifoM k|ltlglw lgo'Qm u/]sf] af/] .

dxfzo,

========================= lhNnf =========================== g=kf=÷uf=lj=;= ============================= j8f g+= ========== a:g] d÷xfdL

=========================== n] To; sDkgLsf] z]o/jfnfsf] x}l;otn] @)&@ ;fn r}t % ut] z'qmjf/sf lbg x'g] P3f/f}+ jflif{s

;fwf/0f ;efdf :jo+ pkl:yt eO{ 5n˚n tyf lg0f{odf ;xefuL x'g g;Sg] ePsf]n] pQm ;efdf efu lng tyf dtbfg

ug{sf nflu =============================================== lhNnf g=kf=÷uf=lj=;= ==================================== j8f g+= ===========

a:g] To; sDkgLsf z]o/jfnf >L÷>LdtL=================================……………=====………========================

z]o/ k|df0f kq g+= =========================== nfO{ d]/f]÷xfd|f] k|ltlglw dgf]lgt u/L k7fPsf] 5'÷5f}+ .

b:tvtM ==============================================

lgj]bs, gfdM ========================================

7]ufgfM =================================================

k|=k=g+=÷z]o/wgL g+=M===============================

ls=g+= ====================== b]lv ===================;Dd

ldltM =====================================================

gf]6M of] lgj]bg ;fwf/0f ;ef x'g' eGbf slDtdf $* 306f cufj} sDkgLsf] s]GıLo sfof{no yfkfynL, sf7df8f}+df k]z ul/;Sg' kg]{5 ._

sDkgL ;lrj

Page 6: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf
Page 7: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

cWoIfsf] dGtJo ÷ �&k|d'v sfo{sf/L clws[tsf] dGtJo ÷ �*;+rfns ;ldltsf] k|ltj]bg ÷ �(n]vfk/LIfssf] k|ltj]bg ÷ @@jf;nft ÷ @#gf˚f–gf]S;fg lx;fa ÷ @$OSo'6Ldf ePsf] kl/jt{g ;DaGwL ljj/0f ÷ @%gub k|jfxsf] ljj/0f ÷ @^PsLs[t cfo–Joo lx;fa ÷ @&clUg aLdfsf] cfo–Joo lx;fa ÷ @*;fd'lb|s aLdfsf] cfo–Joo lx;fa ÷ @(df]6/ aLdfsf] cfo–Joo lx;fa ÷ #)OlGhgLol/· aLdfsf] cfo–Joo lx;fa ÷ #!xjfO{ aLdfsf] cfo–Joo lx;fa ÷ #@kz'k+IfL tyf afnL aLdfsf] cfo–Joo lx;fa ÷ ##ljljw aLdfsf] cfo–Joo lx;fa ÷ #$cg;"rLx? ÷ #%–%!ljQLo ljj/0f;+u ;DalGwt k|d'v n]vf gLltx? ÷ %@–%&ljQLo ljj/0f;+u ;DalGwt n]vf;DaGwL l6Kk0fLx? ÷ %*–^%k|d'v ;"rsf°x? ÷ ^^aLdf°sf] ljj/0f ÷ ^&aLdf ;ldltsf] :jLs[lt kq ÷ ^*aLdf ;ldltsf] :jLs[lt kq ;DaGwL Joj:yfkgsf] k|To'Q/ ÷ ^(k|aw–kq tyf lgodfjnL ;+zf]wg ÷ &)–&@Comparison with Market Average ÷ &#–&$gf]6 ÷ &%zfvf ;+hfn÷ &^

ljifo–;"rL

Page 8: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

bzf}+ jflif{s ;fwf/0f ;ef k|d'v sfo{sf/L clws[taf6 ;fwf/0f ;efdf efjL of]hgfx? k|:t't ul/+b}

ljljw ljwfdf pTs[i6 sd{rf/Lx? e"sDk kLl8tnfO{ bfjL e'QmfgL ul/b}+ g'jfsf]6 zfvfsf k|d'v

s[lif aLdfsf nflu :ynut cjnf]sg ub}{ sDkgLsf sd{rf/L gf/fo0fu9df sd{rf/Lx?nfO{ tflnd lbb}+

a}+s;{x?nfO{ kf]v/fdf tflnd lbb}+ e"sDk kLl8tnfO{ /fxt ljt/0f ub}{ sDkgLsf sd{rf/L

ultljlw

Page 9: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

&

cWoIfsf] dGtJo

rfn' cf=j=df o; sDkgLn] ;DkGgu/]sf] ;fwf/0f z]o/sf] gofF lgisfzgtyf o; ;fwf/0f ;efaf6 kfl/t x'g]af]g; z]o/ kZrft\ g]kfnsf] lghLIf]qaf6 k|jl4{t aLdf sDkgLx?dWo]?= krf; s/f]8 eGbf a9L r'Qmf k"“hLtyf ¿= !)) s/f]8eGbf a9L g]6jy{x'g] klxnf] lghL{jg aLDff sDkgLsf]?kdf :yflkt ug{ ;kmn ePsf5f}+ .

lzv/ OG:of]/]G; sDkgL ln= sf] P3f/f}+ jflif{s ;fwf/0f ;efdfpkl:yt ;Dk"0f{ z]o/wgL tyf cfdlGqt dxfg'efjx?df xflb{s :jfutclejfbg JoQm ug{ rfxG5f}+ .

g]kfnsf] !& lghL{jg aLDff sDkgLx?dWo] !% cf}+ aLdf sDkgLsf]?kdf :yflkt o; lzv/ OG:of]/]G; sDkgLn] cfgf] :yfkgfsfnsf]!! cf}+ jif{df g} aLdfz'Ns cfDbfgL, hf/L aLDffn]v ;+Vof, v'b gfkmf,g]6jy{, bfjL e'QmfgLdf cu|0fL :yfgdf /xg ;kmn ePsf] ;xif{hfgsf/L u/fpg rfxG5f}+ .

j};fv !@ df cfPsf] ljgfzsf/L e"sDkaf6 cfgf aLldt dxfg'efjx?dfkg{ uPsf] Iflt nufot cGo Ifltsf] oyfzSo rfF8f] bfjL km5\of}{6ug{ sDkgL k|oTgzLn /xFb} cfPsf] 5 . o; sDkgLdf k/]sf] sl/a!,%)) e"sDk bfjLx?dWo] xfn;Dd () k|ltzt bfjLsf] km5\of}{6eO;s]sf] 5 . sDkgLn] cjnDag u/]sf] hf]lvdf°g tyf k'gaL{dfgLltsf] sf/0f ljgfzsf/L e"sDkaf6 ;[lht bfjLsf afah'b sDkgLsf]gfkmf tyf ljQLo cj:yfdf ;f/e"t c;/ gk/]sf] hfgsf/L u/fpgrfxG5f}+ .

rfn' cf=j=df o; sDkgLn] ;DkGg u/]sf] ;fwf/0f z]o/sf] gofFlgisfzg tyf o; ;fwf/0f ;efaf6 kfl/t x'g] af]g; z]o/ kZrft\g]kfnsf] lghL If]qaf6 k|jl4{t aLdf sDkgLx?dWo] ?= krf; s/f]8eGbf a9L r'Qmf k"“hL tyf ?= !)) s/f]8eGbf a9L g]6jy{ x'g] klxnf]lghL{jg aLDff sDkgLsf] ?kdf :yflkt ug{ ;kmn ePsf 5f}+ .sDkgLn] th'{df ub}{ cfO/x]sf] of]hgf tyf /0fgLltn] eljiodfsDkgLsf] ljQLo cj:yf cem ;'b[9 x'Fb} hfg] ljZjf; lbnfpgrfxG5f}+ .

b]zdf hf/L /fhg}lts cl:y/tf tyf ;+ljwfg hf/L kZrft\ eljiodfx'g] k|zf;lgs km]/abnnfO{ dWogh/ ub}+ ;do;fk]If of]hgf tyf/0fgLltx? agfO{ sDkgLnfO{ cem ;zQm agfpFb} ;Dk"0f{ z]o/wgLnfO{bL3{sfnLg k|ltkmn k|bfg ug{ ;+rfns ;ldlt k|ltj4 /x]sf] ;xif{hfgsf/L u/fpg rfxG5f}+ .

cGTodf sDkgLsf] ;kmntfdf ;fy lbg' x'g] Joj:yfkg, sd{rf/Lx?,lgods lgsfo, k'gaL{dsx? tyf z]o/wgL dxfg'efjx?nfO{ xflb{swGojfb JoQm ug{ rfxG5f}+ .

ljsf; h+uaxfb'/ /f0ffcWoIf

Page 10: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

***

k|d'v sfo{sf/L clws[tsf] dGtJo

*

o; sDkgLsf] Joj:yfkg tyfsd{rf/L ;d"x h:tf];'s} r'gf}tLtyf ;d:ofx?nfO{ cj;/sf ?kdfkl/0ft u/L cufl8 a9\g ;Ifd/x]sf] tyf o; sDkgLsf aLldtdxfg'efjx?nfO{ e/kbf]{ aLDff ;]jfpknAw u/fpg] / nufgLstf{sf]nufgL ;'/lIft /fVg ;bf cu|;//xg] ljZjf; lbnfpg rfxG5' .

lzv/ OG:of]/]G; sDkgL ln= sf] o; !! cf+} jflif{s ;fwf/0f ;efdfpkl:yt ;Dk"0f{ z]o/wgL tyf cfdlGqt dxfg'efjx?df xflb{sclejfbg tyf :jfut JoQm ug{ rfxG5' . ljutsf ;fwf/0f ;efx?dfem}+ o; ;fwf/0f ;efdf ;d]t z]o/wgL dxfg'efjx?af6 sDkgLnfO{cd"No ;Nnfx tyf ;'emfj k|fKt x'g] ck]Iff lnPsf] 5' .

z]o/wgL dxfg'efjx?af6 k|fKt ;Nnfx tyf ;'emfjnfO{ Wofgdf /fvLJoj:yfkg ;d]tsf] ;+nUgtfdf ;+rfns ;ldltaf6 th'{df ul/Psf]gLlt tyf of]hgf adf]lhd sDkgLn] cfgf] Jofj;flos sfo{qmdx?;+rfng ub}{ g]kfnL aLdf If]qdf cu|0fL :yfg xfl;n ug{ ;kmnePsf 5f}+ . cem} klg cw{ Jofj;flos l:yltdf /x]sf] g]kfnL aLdfJoj;fonfO{ k"0f{?kdf Jofj;flosLs/0f tkm{ pGd'v u/fO{ aLdfJoj;fonfO{ g]kfnL cy{tGqsf] dxŒjk"0f{ c+usf ?kdf ljsf; ug{xfdL cu|;/ /xFb} cfPsf 5f}+ . lghL{jg aLdf Joj;fosf] x/]s If]qdfpTs[i6 :t/ sfod u/L /fi6«sf cGo aLDff sDkgLx?sf] nflu ;d]tdfu{bz{ssf ?kdf cufl8 a9\b} hfg] xfd|f] nIo /x]sf] 5 .

aLdf P]g, aLDff lgodfjnL, tyf aLdf ;ldltaf6 hf/L cGo lgb]{zgsf]clwgdf /xL cGo P]g tyf sfg"gsf] k"0f{ kfngf u/L sDkgLsf x/]sultljlwnfO{ kf/bzL{ agfO{ cufl8 a9\g sDkgL k|ltj4 /x]sf]hfgsf/L u/fpg rfxG5' .

xfd|f] sDkgL g]kfnL lghL{jg aLdf If]qdf cfh{g u/]sf] ;kmntfnfO{sfod /fVb} hf]z tyf hfFu/sf ;fy gofF If]qx?df yk ;kmntfxfl;n ug{ k|oTgzLn 5 . t/ b]zsf] ljBdfg t/n /fhg}ltscj:yfsf sf/0f v'lDr/x]sf] cfly{s jftfj/0fdf y'k}| r'gf}tL tyf;d:ofx?n] cfpFbf lbgx? ;/n gx'g ;S5g\ . tyflk, o;sDkgLsf] Joj:yfkg tyf sd{rf/L ;d"x h:tf];'s} r'gf}tL tyf;d:ofx?nfO{ cj;/sf ?kdf kl/0ft u/L cufl8 a9\g ;Ifd /x]sf]tyf o; sDkgLsf aLldt dxfg'efjx?nfO{ e/kbf]{ aLDff ;]jf pknAwu/fpg] / nufgLstf{sf] nufgL ;'/lIft /fVg ;bf cu|;/ /xg]ljZjf; lbnfpg rfxG5' .

cGTodf sDkgLnfO{ lg/Gt/ ;fy lbg'x'g] ;Dk"0f{ z]o/wgL dxfg'efjx?,xfdLnfO{ dfu{bz{g k|bfg ug'{x'g] ;Dk"0f{ lgods lgsfo, ;+rfns;ldlt nufot Joj:yfkg tyf ;Dk"0f{ sd{rf/Lx?df xflb{s wGojfbJoQm ug{ rfxG5' .

lbk k|sfz kf08]k|d'v sfo{sf/L clws[t

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(

cfb/0fLo z]o/wgL dxfg'efjx¿, lzv/ OG:of]/]G; sDkgL lnld6]8sf] o; P3f/f}+ jflif{s ;fwf/0f ;efdf pkl:yt ;Dk"0f{ cfb/0fLo z]o/wgL tyf

cfdlGqt dxfg'efjx¿nfO{ ;+rfns ;ldltsf] tk{mjf6 xflb{s :jfut clejfbg JoQm ub{5f}+ . ljutsf ;fwf/0f;efx¿df z]o/wgL dxfg'efjx¿n] lbg'ePsf uxg Pj+ dxŒjk"0f{ ;'emfjx¿nfO{ oyf;Dej cjnDag u/L cl3 a9\gx/;Dej k|of;/t /x]sf] hfgsf/L u/fp“b} sDkgL P]g, @)^# sf] bkmf !)( adf]lhd cfly{s jif{ @)&!÷)&@ sf]ljQLo ljj/0fx¿ ;lxtsf] jflif{s k|ltj]bg cg'df]bgsf] nflu oxf“x¿ ;dIf k|:t't ub{5f}+, h;nfO{ oxf“x¿sf] ;dy{gn]k"0f{tf kfpg] ljZjf; lnPsf 5f}+ .

!_ ljut jif{sf] sf/f]jf/sf] l;+xfjnf]sgM

sDkgLsf] ljut jif{ tyf ;dLIff cjlwsf] sf/f]jf/sf] ;+lIfKt emns lgDg cg';f/ /x]sf] 5M

lzv/ OG:of]/]G; sDkgL lnld6]8;+rfns ;ldltsf] cf=j= @)&!÷&@ sf]

jflif{s k|ltj]bg

¿= xhf/df

qm=;+= ljj/0f cf=j= @)&!÷&@ cf=j= @)&)÷&! j[l4 -∞_!= aLdfn]v ;+Vof !%%,@&@ !)!,@$@ %#=#&@= aLdfz'Ns cfh{g !,#%%,!(!,(&@ !,)%@,@#)=#%^ @*=&(#= k'gaL{df z'Ns &!!,$$#,*$& ^)@,@()=!#% !*=!@$= v'b wf/0f ^$#,&$*,!@% $$(,($)=@@! $#=)&%= v'b wf/0f÷aLdfz'Ns cfh{g -∞_ $&=%) $@=&^ !!=)(^= k'gaL{df sldZfg cfo !##,!@$,#@@ !!*,!)@=#** !@=&@&= k'gaL{df sldZfg cfo÷ k'gaL{df z'Ns -∞_ !*=&! !(=^! -$=%&_*= Joj:yfkg vr{ !%#,(%%,&)@ !@@,&%%=@@* @%=$@( Joj:yfkg vr{÷aLdf z'Ns cfh{g -∞_ !!=#^ !!=^& -@=^@_!)= s'n nufgL *^$,#^*,*(@ ^)!,@#@=&@& $#=&&!!= Jofh cfDbfgL $$,#*%,@#^ #(,*&)=*&) !!=#@!@= Jofh cfDbfgL÷s'n nufgL -∞_ %=!# ^=^# -@@=%&_!#= v'b gfkmf @!(,^!*,*%^ !#!,!@&=!#! ^&=$(!$= v'b gfkmf÷aLdfz'Ns cfh{g -∞_ !^=@! !@=$^ #)=)$!%= g]6 jy{ &(*,$&#,#(# %*%,!^!=*$( #^=$%

Gross Premium

Financial Years

Amou

nt in

Crore

s

1325 32 34 42

5361

86 92105

135

0

20

40

60

80

100

120

140

160

61/62 62/63 63/64 64/65 65/66 66/67 67/68 68/69 69/70 70/71 71/72

aLdfz'Nsljut b'O{ bzsb]lv hf/L ;+qmd0fsfnLg /fhg}lts cj:yfsf]sf/0f b]zsf] ;Dk"0f{ cfly{s If]qsf] ljsf;qmd ;':t /x“b}cfPsf] tyf ljut cf7 jif{b]lv gof“ ;+ljwfg hf/L ug]{qmddf ljBdfg cGof}n cy{ /fhg}lts jftfj/0fsf sf/0fb]zsf] cfly{s lqmofsnfk tyf nufgLdf ;Lldttf /x“b}cfPsf] 5 .

o:tf] k|lts"n cy{ /fhg}lts cj:yfdf ;d]t o; sDkgLn]cfgf] Joj:ffodf pT;fxk|b j[l4 xfl;n ug{ ;kmn ePsf]hfgsf/L u/fpg rfxG5f}+ . g]kfnsf] lghL{jg aLdf If]qdfsl/a !% k|ltztsf] jflif{s j[l4b/ /x“b} cfPsf]df sDkgLn]cf=j= @)&!÷&@ Dff @(∞ sf] j[l4 xfl;n ug{ ;kmn ePsf]Joxf]/f ;xif{ hfgsf/L u/fpg rfxG5f}+ . cf=j= @)&).&!df ¿= !)% s/f]8 @@ nfvsf] s'n aLdfz'Ns ;+sng u/]sf] o; sDkgLn] cf=j= @)&!.&@ df ? !#% s/f]8%@ nfvsf] s'n aLdfz'Ns ;+sng u/L g]kfnsf] lghL{jg aLdf ahf/df cfgf] lx:;f !@ k|ltzteGbf a9Lk'¥ofpg ;kmn ePsf 5f}+ . ljut cf=j=df em}+ g]kfnL lghL{jg aLdf ahf/df !) k|ltzteGbf a9L ahf/ lx:;fx'g] xfdL Psdfq sDkgL /x]sf] ;xif{ hfgsf/L u/fpg rfxG5f}+ .

Page 12: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!)

ljgfzsf/L e"sDk cfPsf] sl/a *) lbg leq sDkgLdf k/]sf] e"sDk bfjLsf] %) k|ltzt bfjL e'QmfgL ug{;kmn ePsf]df sDkgLsf] Joj:yfkgnfO{ xflb{s wGojfb JoQm ug{ rfxG5f}+ . ;fy} e"sDk bfjLnfO{ ;dod} e'QmfgLug{ d2t ug]{ k'gaL{dsx¿ tyf k'gaL{df a|f]s/nffO{ ;d]t xflb{s wGoafb JoQm ug{ rfxG5f}+ . ljgfzsf/L e"sDksfsf/0f ;fdflhs /xg;xgdf cfPsf] ;d:ofx¿ Tfyf cGo cK7]/f kl/l:yltx¿sf afah'b sDkgLsf] ;]jfnfO{ c;/kg{ glbg lg/Gt/ nfluk/]sf ;Dk"0f{ sd{rf/Lx¿k|lt ;+rfns ;ldlt xflb{s wGojfb JoQm ub{5 .

ljgfzsf/L e"sDksf sf/0f xfd|f aLldt dxfg'efjx¿nfO{ kg{ uPsf]] cfly{s hf]lvdnfO{ aLdf bfjL e'QmfgLsf]dfWodaf6 lg/fs/0f ug{ d2t ug{ kfPsf]df xfdL ;Gt'li6 JoQm ug{ rfxG5f}+ . tyflk sDkgLsf] aLdf bfjL e'QmfgLug]{ rfxgf tyf Ifdtf x'“bfx'“b} klg lgDg adf]lhdsf ljljw sf/0fx¿n] sltko aLldt dxfg'efjx¿nfO{ Gofof]lrtaLdf bfjL e'QmfgL ug{ g;lsPsf] hfgsf/L u/fpg rfxG5f}+ .

qm=;+= aLdf lsl;dk]ZsL e'QmfgLbfjL km5\of}{6

;+Vof ;+Vof/sd ¿= /sd ¿=

!= clUg aLdf @%* !&,^(,)(,)*)=&* !^ $,@!,%^,)))=))@= ufx{:y @() &,*%,&(,@*$=$$ $ ^^,!(,)@%=))#= lghL ;jf/L #% %!,$),@%)=)) ! #,)),)))=))$= Jofj;flos ;jf/L * !),&!,%@@=$) – –%= df]6/;fOsn & !,#$,@@)=)) – –^= OlGhgLol/¨ – %,)!@=)) ! %,!),)))=))&= JolQmut b'3{6gf #$ !,!#,^*,*#&=^% – –*= kz' @( @@,&#,())=)) – –

hDdf ^^! @&,%$,*@,!)&=@^ @@ $,(%,*%,)@%=))@)&@ cfiff9 d;fGt;Dd k/]sf] bfjL ;+Vof !,#%)e'QmfgL k|ltzt %)=^

Gross Claim Paid

Financial Years

Amou

nt in

Cro

res

062/63 063/64 064/65 065/66 066/67 067/68 068/69 069/70 070/71

49

1719

33

12

34

83

43 43

0

20

40

60

80

100

071/72

89

aLdfn]v ;+Vofcf=j= @)&!.&@ df sDkgLn] hf/L u/]sf] aLdfn]v ;+Vofdf ;d]t pNn]Vo j[l4 xfl;n ePsf] 5 . cf=j= @)&).&!df !,)!,@$@ j6f aLdfn]v hf/L ul/Psf]df cf=j= @)&!.&@ df !,%%,@&@ j6f aLdfn]v hf/L ePsf 5g\ h;nfO{pT;fxk|b dfGg'kb{5 . o;sf nflu sDkgLsf ;Dk"0f{ sd{rf/L, aLldt Pj+ z'elrGtsx¿k|lt s[t1tf 1fkg ug{rfxG5f}+ .

aLdf bfjLljut jif{x¿df x/]s jif{ ¿= $) s/f]8eGbf a9L bfaL e'QmfgL ub}{ cfPsf] o; sDkgLn] cf=j= @)&!.&@ dfe"sDk bfjL ;lxt s'n ¿= ** s/f]8 @( nfvsf] bfjL e'QmfgL ul/Psf] hfgsf/L u/fpg rfxG5f} + .@)&@ cfiff9 d;fGt;Dd o; sDkgLaf6 e'QmfgL ul/Psf] e"sDk bfjLx¿sf] ljj/0f lgDg adf]lhd /x]sf] 5M

No. of Policies Issued

Financial Years

No

. o

f P

olicie

s ‘000

37 36 39

56

101

155

4 816 18 19

0

50

100

150

200

61/62 62/63 63/64 64/65 65/66 66/67 67/68 68/69 69/70 70/71 71/72

Page 13: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!!

sDkgLn] cfly{s jif{ @)&)÷&! df /sd ¿= $# s/f]8 ## nfvsf] s'n bfjL Joj:yfkg u/]sf] lyof] eg] cf=j=@)&!÷&@ Dff s'n /sd ¿= @)) s/f]8 ^( nfvsf] bfjL Joj:yfkg u/]sf] 5 . j}zfv !@ sf] ljgfzsf/L e"sDkn];[hgf u/]sf] bfjLx¿sf sf/0f cf=j= @)&!÷&@ df bfjLsf] /sd a9\g uPsf] xf] .

cf=j= @)&!.&@ df jL/u+h e+;f/ sfof{nol:yt e+;f/ uf]bfddf ePsf] 7"nf] cfunfuLn] ;[hgf u/]sf]] aLdf bfjLx¿sf]sf/0f ;fd'lb|s aLdfdf bfjL /sd ut cf=j=sf] t'ngfdf pNn]Vo j[l4 x'g uPsf] xf] . ;fy} ut cf=j=df Ps x]lnsK6/b'3{6gfsf] Ifltk"lt{sf sf/0f xjfO{ aLdfsf] bfjL /sd a9g uPsf] hfgsf/L u/fpg rfxG5f}+ .

sDkgLåf/f e''QmfgL ul/Psf bfjLsf] sf/0fn] g} hgdfg;df sDkgLk|ltsf] ljZjf; a9]sf] tYonfO{ Wofgdf /fvL bfjLkm5\of}{6 k|lqmofnfO{ ;/n, r':t / emGem6 d'Qm agfpg sDkgL k|oTgzLn /x]sf] 5 . o; cleofgsf nflu sDkgLsf]bfjL zfvfnfO{ cem ;'b[9 ub}{ hfg] sDkgLsf] gLlt /x]sf] Joxf]/f cjut u/fpg rfxG5f}+ . o;n] sDkgLdflysf]ljZj;lgotf j[l4 ug{df lgs} 7"nf] e"ldsf v]n]sf] dx;"; u/]sf 5f} .

v'b wf/0f tyf k'gaL{df sldzgsDkgLsf] g]6jy{df ePsf] j[l4;+u} sDkgLn] cfgf] v'b wf/0fsf] /sd a9fp“b} cfO/x]sf] 5 . ;fljssf] t'ngfdf sDkgLn]cfgf] k'gaL{df Joj:yfdf cfgf] wf/0f /sd a9fPsf] sf/0fn] ubf{ cf=j= @)&!.&@ df sDkgLsf] v'b wf/0f k|ltzt$&=%∞ k'u]sf] 5 . sDkgLsf] g]6jy{ a9\b} uPsf] cj:yfdf sDkgLsf] v'b wf/0f lg/Gt/ ¿kdf j[l4 ub}{ hfg] gLltsDkgLn] lnPsf] hfgsf/L u/fpg rfxG5f}+ .

sDkgLsf] clUg aLdf, ;fd'lb|s aLdf nufot cGo aLdfsf] aLdfz'Nsdf ePsf] j[l4 ;+u} sDkgLsf] k'gaL{df sldzgcfodf ;d]t j[l4 x'g uPsf] 5 . cf=j= @)&).&! df ¿= !! s/f]8 *! nfv k'gaL{df sldzg k|fKt ePsf]df cf=j=@)&!.&@ df ¿= !# s/f]8 #! nfvsf] k'gaL{df sldzg k|fKt ePsf] 5 .

Joj:yfkg vr{Joj:yfkg vr{sf] xsdf cf=j= @)&).&! sf] t'ngfdf cf=j= @)&!.&@ df @%=$@∞ n] j[l4 ePsf] 5 . lgDg adf]lhdsfsf/0fn] ubf{ Joj:yfkg vr{df pNn]Vo /sd j[l4 ePsf] xf] .

– sDkgLn] hf/L u/]sf] aLdfn]vsf] ;+Vofdf ePsf] j[l4sf sf/0f 5kfO{ tyf d;nGb vr{ /sd j[l4 ePsf] 5 .

qm=;+= ljj/0f j[l4 -∞_cf=j= @)&)÷)&!cf=j= @)&!÷)&@

/sd ¿= /sd ¿=k|ltzt k|ltzt

!= clUg aLdf !,!(,%#,$),(&^ %(=%^ !#,)(,&),&(& #)=@@ *!#@= ;fd'lıs aLdf !),$#,(),&#( %=@) -%,#!,*)!_ )=!@ !(%#)#= df]6/ aLdf @@,#$,$^,&&* !!=!# !(,%!,^$,!&& $%=)$ !$$= OlGhgLol/¨ aLdf !!,)),)&,)!) %=$* !,)@,)@,)^* @=#% (&*%= xjfO{ aLdf @$,(*,##,*** !@=$% $&,$%,@*& !=!) %!^%^= s[lif aLdf !,&),@^,!^* )=*% @*,!),@@% )=^% %)^&= ljljw aLdf !),^*,^@,(*^ %=#@ *,(@,*%,*(! @)=^) @)

hDdf @,)),^(,)*,%$^ !))=)) $#,##,$^,^$# !))=)) #^#

– aLldt ;DklQsf] Go"gM aLdf -;DklQsf] jfl:tljs d"NoeGbf sd d"Nodf aLdf ug'{_

– aLldtn] cfgf] ;Dk"0f{ ;DklQsf] aLdf ;'/If0f k|fKt gug'{ .

– aLdfn]vsf] ;dod} gjLs/0f gx'g' .

– gf]S;fgLsf] /sd aLdfn]v adf]lhdsf] clgjfo{ clwsleq kg'{ .

– plrt ;'/If0f tkm{ Wofg ghfg' .

sDkgLn] cf=j= @)&!÷&@ Tfyf cf=j= @)&)÷&! df Joj:yfkg u/]sf] bfjLsf] -bfjL e'QmfgL ± e'QmfgL x'g af“sLbfjL – z'¿sf] e'QmfgL x'g af“sL bfjL_ ljj/0f lgDgfg';f/ /x]sf] 5M

Page 14: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!@

– cf=j= @)&!÷&@ df :yfkgf ul/Psf] yk gof“ zfvfdf lgo'lQm ul/Psf] sd{rf/Lsf] tna eQfsf sf/0f ePsf]tna j[l4 tyf 3/ ef8f, kl/jxg nufot cGo k|zf;lgs vr{df j[l4 ePsf] 5 .

– s[lif tyf kz'aLdfsf] k|j4{gsf] nflu s[lif aLdf k|d'v ;lxt s[lif tyf kz' k|fljlwsx¿ lgo'lQm ul/Psf] sf/0fsd{rf/L vr{df yk /sd j[l4 ePsf] 5 .

Joj:yfkg vr{sf] /sddf j[l4 eP tfklg Joj:yfkg vr{ tyf aLdfz'Nssf] cg'kft @=% k|ltztn] 36]sf] hfgsf/Lu/fpg rfxG5f}+ .

nufgL tyf nufgL cfosDkgLsf] nufgLsf] xsdf $#=&&∞ sf] j[l4 xfl;n ePsf] 5 .cf=j= @)&).&! df ¿= ^) s/f]8 !@ nfv s'n nufgL /x]sf]dfcf=j= @)&!÷&@ df ¿= *^ s/f]8 $# nfv k'u]sf] 5 . sDkgLn]cf=j= @)&!.&@ df cfslids aLdf sf]if g]kfn k'gaL{df sDkgLdfkl/0ft eP kZrft k|fKt nfef+zdWo] ¿= ^&,&$@,))) nfO{sDkgLn] g]kfn k'gaL{df sDkgL ln= sf] k|aGw–kq tyf lgodfjnLx:tfIf/ ubf{ sa'n u/]sf] /sd;+u ;dfof]hg u/L z]o/ nufgLcGtu{t b]vfOPsf] 5 .

nufgL /sddf pNn]Vo /sd j[l4 eP tfklg a}+ls¨ t/ntfsf];d:ofsf] sf/0f d'2tL lgIf]kdf kfpg] Jofhb/ 36]sf] sf/0fnufgL k|ltkmn 36]sf] 5 . cf=j= @)&).&! df ^=^#∞ nufgLk|ltkmn /x]sf]df cf=j= @)&!.&@ df %=!#∞ df em/]sf] 5 .

d'2tL lgIf]kdf kfpg] Jofhb/ 3l6/x]sf] cj:yfdf sDkgLn] cfgf] nufgLnfO{ aLdf ;ldltsf] lgb]{zgsf] clwgdf

/xL ljljwLs/0f ub}{ hfg] gLlt lnPsf] 5 .

v'b gfkmf tyf g]6jy{@)&@ a}zfv !@ df cfPsf] ljgfzsf/L e"sDksf sf/0f ;[hgf ePsf] aLdf bfjLx¿sf] afah'b sDkgLsf] cf=j=

@)&!.&@ sf] v'b gfkmfdf #) k|ltztn] j[l4 ePsf] 5 . cf=j= @)&).&! df ¿= !# s/f]8 !! nfv v'b gfkmf cfh{g

ePsf]df cf=j= @)&!.&@ df ¿= @! s/f]8 (^ nfv sf] v'b gfkmf cfh{g ePsf] 5 . sDkgLn] cjnDag u/]sf] k'gaL{df

gLltsf sf/0f a}zfv !@ df cfPsf] ljgfzsf/L e"sDkn] ;[hgf u/]sf]] aLdf bfjL /sddf sDkgLsf] v'b lx:;f Go"g

/x]sf] hfgsf/L u/fpg rfxG5f}+ . ljgfzsf/L e"sDk kZrft\ vl/b ul/Psf] yk dxfljklQ k'gaL{df Joj:yfsf] sf/0f

k'gaL{df z'Ns vr{ a9\g uPsf]] 5 . cf=j= @)&!.&@ df g]kfn k'gaL{df sDkgL ln=af6 k|fKt gub nfef+zsf] sf/0f

;d]t v'b gfkmfdf yk j[l4 ePsf] hfgsf/L u/fpg rfxG5f}+ .

Net Worth

Am

ou

nt

in C

rore

Financial Years

1723

28

36

13 14 15

0

10

20

30

40

50

60

70

063/64 064/65 065/66 066/67 067/68 068/69 069/70 070/71

58

071/72

80

9080

Financial Years

Profit after Tax

Am

ou

nt

in C

rore

3.2

13.3

0.3 0.6 1.3 1.32.5

5.6 5.8 8.2

22

0

5

10

15

20

25

61/62 62/63 63/64 64/65 65/66 66/67 67/68 68/69 69/70 70/71 71/72

Investment(Including Fixed Asset)

Financial Years

Am

ou

nt

in C

rore

9 12 16 1625

3750

5768

87

116

20

40

60

80

100

120

140

61/62 62/63 63/64 64/65 65/66 66/67 67/68 68/69 69/70 70/71 71/720

Page 15: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!#

@)&!.#.#! df ¿= %* s/f]8 %! nfvsf] g]6jy{ /x]sf]df @)&@.#.#! ;Dd sDkgLsf] g]6jy{ #^=$%∞ n] jl4 eO{¿= &( s/f]8 *% Nffv k'u]sf] 5 eg] rfn' cf=j=sf] bf];|f] q}dfl;s;Dd g]6jy{ ¿= !@# s/f]8 k'u]sf] ;xif{ hfgsf/Lu/fpg rfxG5f}+ . sDkgLn] cjnDag ub}{ cfPsf] Joj;fo lj:tf/sf] of]hgf tyf /0fgLltaf6 eljiodf sDkgLsf]ljQLo cj:yf yk ;'b[9 x'“b} hfg] ljZjf; lnPsf 5f}+ .

r'Qmf k"FhLcf=j= @)&).&! ;Dd sDkgLsf] r'Qmf k"“hL ¿= @(,&&,&@,))) /x]sf]df bzf}+ ;fwf/0f ;efaf6 lg0f{o eP adf]lhdsf]]af]gz z]o/sf] ljt/0f kZrft\ @)&@ c;f/ d;fGt;Dd sDkgLsf] r'Qmf k"“hL ¿= #%,&^,(!,))) k'u]sf] hfgsf/Lu/fpg rfxG5f}+ .

sDkgLsf] bzf}+ ;fwf/0f ;efaf6 ;j{;fwf/0f z]o/sf] cg'kft #) k|ltzt k'¥ofpg ;j{;fwf/0f z]o/sf] gof“ lgisfzgug]{ lg0f{o ePadf]lhd cf=j=@)&!.&@ leq} gof“ lgisfzg ;DkGg ug]{ nIo /x] tfklg a}zfv !@ sf] ljgfzsf/Le"sDkn] lgDTofPsf] cl:y/ jftfj/0fsf sf/0f cf=j= @)&!.&@ leq} gof“ lgisfzg ;DkGg ug{ g;lsPsf] hfgsf/Lu/fpg rfxG5f}}+ .

rfn' cf=j=sf] dl;+/ !& b]lv @! Uft];Dd %,!),(** lsQf ;fwf/0f z]o/sf] ¿= ^%) sf b/df gof“ lgisfzg v'Nnfu/L kf}if dlxgfleq} lgisfzgsf] af“8kmf“8 u/L lgisflzt z]o/sf] g]kfn :6s PS;r]~h ln=df ;"rLs/0f tyf l;l8P;P08 lSnol/ª ln= df cef}ltsLs/0f ;d]t ;DkGg eO;s]sf] hfgsf/L u/fpg rfxG5f}+ .

gof“ lgisfzg kZrft sDkgLsf] r'Qmf k"“hL ¿= $),*&,*(,*)) k'u]sf] 5 eg] z]o/ lk|ldod afkt ¿= @*,!),$#,$))hDdf ePsf] 5 . ;+rfns ;ldltaf6 k|:tfljt af]gz z]o/ o; ;fwf/0f ;efaf6 cg'df]bg eP kZrft sDkgLsf]r'Qmf k"“hL ¿= %),^*,((,$)) k'Ug] hfgsf/L u/fpg rfxG5f}+ . cfufdL jif{x¿df qmlds ¿kdf r'Qmf k"“hLdf j[l4ub}{ hfg] sDkgLsf] of]hgf /x]sf] hfgsf/L u/fpg rfxG5f}+ .

c;dfKt hf]lvd Joj:yfaLdf lgodfjnL adf]lhd v'b aLdfz'Nssf] %) k|ltztn] c;dfKt hf]lvd jfktsf] Joj:yf /sd cf=j= @)&)÷&!df ¿= @# s/f]8 @# nfvaf6 a9]/ cf=j= @)&!÷&@ Dff ¿= #@ s/f]8 !* nfv k'u]sf] 5 . c;dfKt hf]lvd Joj:yfdfx'g] j[l4n] sDkgLsf] cfufdL jif{x¿sf] ljQLo cj:yf cem ;'b[9 x'g] ;+s]t ub{5 . o;n] sDkgLsf] hf]lvd wf/0fug]{ Ifdtfdf yk j[l4 x'g] hfgsf/L u/fpg rfxG5f}+ .

;f]Ne]G;L cg'kft;f]Ne]G;L cg'kftn] aLdf sDkgLsf] bfloTjsf] t'ngfdf sDkgLsf] k"“hLsf]if, hu]8f tyf ;DklQ kof{Kttfsf] d"NofÍgub{5 . aLdf ;ldltsf]] ;f]Ne]G;L dflh{g lgb]{lzsf adf]lhd lghL{jg aLdf sDkgLsf] xsdf !=% eGbf dflysf] ;f]Ne]G;Lcg'kftnfO{ /fd|f] dflgG5 . cf=j= @)&!÷&@ sf] cGTodf o; sDkgLsf] ;f]Ne]G;L cg'kft #=@ /x]sf] ;xif{ hfgsf/Lu/fpg rfxG5f}+ . o;n] sDkgLn] cfgf] bfloTj km5\of{}6 ug{ oYf]i6 ;DklQ tyf k"“hLsf]if sfod /x]sf] hgfp“5 .

sDkgLn] cfh{g u/]sf] v'b gfkmf, nufgLdf ePsf] j[l4, sDkgLsf] g]6jy{df ePsf] j[l4, z]o/ lk|ldod tyf cGo hu]8f/sd / ;f]Ne]G;L cg'kftnfO{ x]bf{ sDkgLsf] ljQLo cj:yf Psbd ;'b[9 x'“b} uO/x]sf] z]o/wgL dxfg'efjdf ;xif{hfgsf/L u/fpg rfxG5f}+ .

/fhZjdf of]ubfgsDkgLn]] cfly{s jif{ @)&!÷&@ df d"No clej[l4 s/, cfos/ tyf ;|f]tdf s/ nufot ljleGg zLif{sx¿df sl/a¿= @% s/f]8 /fhZj bflvnf u/L b]zsf] cy{tGqdf 6]jf k'¥ofpg d2t u/]sf 5f}+ .

zfvf lj:tf/aLdfsf] kx'“rnfO{ ufp“–ufp“ k'¥ofpg] p2]Zo ;lxt Jofj;flos ;DefJotf cWoog u/L sDkgLn] cfgf] zfvf lj:tf/ub}{ cfO/x]sf] 5 . cf=j= @)&!.&@ df sfjf;f]tL, jflnª, 8'd|], wflbª, g'jfsf]6 u/L yk kf“r :yfgx¿df zfvf sfof{nolj:tf/ ul/Psf] lyof] eg] rfn' cf=j=@)&@.&# df xfn;Dd eQmk'/, uf]+ua' / rfjlxndf yk zfvf sfof{no :yfkgfu/L s'n zfvf ;+Vof #) k'¥ofOPsf] 5 . lgs6 eljiodf g} cfgf] zfvf ;+Vof %) k'¥ofpg] nIo /x]sf] hfgsf/Lu/fpg rfxG5f}+ .

Page 16: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!$

dfgj ;+;fwgsDkgLsf] ;kmntf sd{rf/Lsf] sfo{s'zntf, bIftf / nugzLntfdf lge{/ /xg] ePsf]n] cfgf] sd{rf/Lx¿sf] sfo{bIftftyf dgf]an clej[l4 ug{ ljleGg k|sf/sf k|lzIf0f Pj+ tflndx¿ k|bfg ub}{ cfPsf 5f}+ . sDkgLn] sd{rf/Lx¿sf]sfo{s'zntf Pj+ cg'ejsf] cfwf/df lgoldt tna a[l4, j9'jf, uf8L tyf kl/jxg ;'ljwf / cfjZostf cg';f/ljefuLo x]/k]m/ tyf ljleGg txdf gof“ lgo'lQm ;d]t ug]{ u/]sf 5f} . sd{rf/Lx¿k|lt sDkgLn] u/]sf] nufgL cg'¿kcfufdL lbgdf cfOkg{ ;Sg] h:tf];'s} r'gf}tLx¿ ;fdgf ug{ sd{rf/Lx¿ ;kmn x'g]df xfdL ljZj:t /x]sf 5f}+ . cfly{sjif{ @)&!.&@ sf] cGTo;Dddf sDkgLdf :yfoL tyf s/f/sf sd{rf/L u/L s'n @@( sd{rf/L sfo{/t 5g\ h;dWo]&% hgf dlxnf sd{rf/L /x]sf] hfgsf/L u/fpg rfxG5f}+ .

sDkgLn] dfgj ;+;fwg If]qdf u/]sf] nufgLsf] kmn:j¿k sDkgLn] e"sDk bfjLsf] r':t Joj:yfkg ug{ ;lsPsf]xf] . ;fy} sDkgLsf] dfgj ;+;fwg ;|f]ts} sf/0f sDkgLsf] Joj;fodf cfsif{s j[l4 x'“b} cfPsf] 5 eg] aLldtdxfg'efjx¿ Tfyf k'gaL{dsx¿sf] ljZjf; lhTg ;kmn x'“b} cfPsf 5f}+ .

;+:yfut ;fdflhs pQ/bfloTjk|fs[lts k|sf]kaf6 kLl8t g]kfnL hgtfsf] ;xof]usf cltl/Qm b]zsf] lzIff tyf :jf:Yo If]qdf ;+:yfut ;fdflhspQ/bfloTj jxg ug]{ sDkgLsf] p2]Zo /x]sf] hfgsf/L u/fpg rfxG5f}+ .

a}zfv !@ df cfPsf] ljgfzsf/L e"sDk kLl8tsf] ;xof]ufy{ k|wfgdGqL b}jLk|sf]k /fxt sf]ifdf ¿= %,)),))) tyf;f];fO6L ckm PS; a'9flgns07 :6'8]G6;sf] /fxt sf]ifdf ¿= %,)),))) hDdf ul/Psf] 5 eg] e"sDkn] c;/ u/]sf]ufp“x¿df vfBfGg tyf c:yfoL a;f]af;sf] Joj:yfsf] nflu ¿= $!),))) vr{ ul/Psf] hfgsf/L u/fpg rfxG5f}+ .

o;sf ;fy} :jf:Yo tyf lzIff If]qdf cfgf] ;fdflhs pQ/bfloTj axg ug]{ p2]Zon] /fli6«o ls8\gL s]Gb|nfO{ ljleGgpks/0f vl/b ug{ ¿= %,)),))) tyf >L ;Kt Clif u'?s'n ;+:s[t j]b ljBf>dnfO{ ¿= !,@),))) e'QmfgL ul/Psf]hfgsf/L u/fpg rfxG5f}+ .

sDkgL P]gsf] bkmf !)% adf]lhd oL vr{x¿nfO{ cg'df]bg ug{sf nflu o; ;fwf/0f ;efdf k|:tfj k]z u/]sf 5f}+ .

s[lif tyf kz' aLdfg]kfn ;/sf/n] cjnDjg u/]sf] s[lif If]qsf] Jofj;flosLs/0fsf] nflu lnPsf] s[lif aLdf gLltnfO{ o; sDkgLn] pRrk|fyldstfdf /flv s[lif aLdf If]qdf klg pNn]vgLo of]ubfg k'¥ofp“b} cfO/x]sf] pNn]v ug{ rfxG5f} . ;f]xL adf]lhds[lif aLdfsf] k|j{4gsf] nflu aLdf ;ldltn] lgwf{/0f u/] adf]lhdsf] % lhNnfx¿dWo] dsjfgk'/, lrtjg, wflb¨,g'jfsf]6df zfvf sfof{no :yfkgf ul/;s]sf 5f}+ eg] rf“8} g} /;'jf lhNnfdf ;d]t zfvf sfof{no lj:tf/ ug]{ tof/Ldf/x]sf 5f}+ . s[lif tyf kz' aLdf k|j4{gs} nflu h'Dnfdf ;d]t s[lif sfof{no :yfkgf ul/;s]sf 5f}+ .

s[lif tyf kz'aLdf cGtu{t cf=j= @)&).&! df hDdf ¿= $) nfvsf] aLDffz'Ns cfh{g ul/Psf]df cf=j= @)&!.&@df ¿= @ s/f]8 !^ nfvsf] aLdfz'Ns cfh{g ePsf] 5 . To;} u/L cf=j= @)&).&! df hDdf ¿= !* nfvsf] bfjLe'QmfgL ul/Psf]df cf=j= @)&!.&@ df ¿= ! s/f]8 #$ nfvsf] bfjL e'QmfgL ul/Psf] hfgsf/L u/fpg rfxG5f}+ .

Earning Per Share

No. of Shares (in lakh)Earning per Share

Financial Years

10 12.5

17.5

29.77

26

20

26

47

44

1012.5 12.5

12.5

12.5 12.5

10

10

45 46

0

5

10

15

20

25

30

35

40

45

50

061/62 062/63 063/64 064/65 065/66 066/67 067/68 068/69 069/70 070/71

60

70

071/72

61

35.77

No. of Branches

61/62 62/63 63/64 64/65 65/66 66/67 67/68 68/69 69/70 70/71 71/72

15 6

11

30

2218

0

20

40

10

30

11 13 14 15

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!%

@_ /fli6«o tyf cGt/f{li6«o kl/l:yltaf6 sDkgLsf] sf/f]jf/df k/]sf] c;/Ma}zfv !@ df uPsf] ljgfzsf/L e"sDksf sf/0f hgdfg;df aLdfsf] dxŒj ;DaGwL hgr]tgfdf ePsf] clej[l4,Go"gM aLdfdf ePsf] s6f}tL tyf e"sDk bfjL tyf cGo aLdf bfjLsf] e'QmfgLdf o; sDkgLn] b]vfPsf] tbf?stfsf]sf/0f sDkgLsf] ;fvdf j[l4 x'g'sf ;fy} sDkgLsf] Joj;fodf ;d]t yk j[l4 xfl;n ePsf] 5 . tyflk, e"sDksfsf/0f ;[hgf ePsf] bfjL e'QmfgLsf] 7"nf] lx:;f k'gaL{dsn] Joxf]g'{kg]{ ePsf] sf/0f ljgfzsf/L e"sDk kZrft rfn'cf=j=b]lv g} nfu" x'g] u/L k'gaL{df z'Nsdf k|fKt x'g] k'gaL{df sldzg k|ltzt 36fOPsf] 5 eg] cfp“bf] s]xL jif{;Ddgfkmf sldzg ;d]t cfh{g gx'g] b]lvG5 . o;sf ;fy} blIf0f Pl;ofnL d'n'sx¿df ut cf=j= tyf rfn' cf=j=dfe"sDksf] ;+Vof al9/x]sf] sf/0f eljiodf dxfljklQ k'gaL{df z'Nsdf ;d]t j[l4 x'g hfg] b]lvG5 . oL sf/0fx¿n]sDkgLsf] gfkmf–gf]S;fgdf k|ToIf c;/ kg]{ ub{5 .

#_ k|ltj]bg tof/ ePsf] ldlt;Dd rfn' jif{sf] pknlAw / eljiodf ug'{kg]{ s'/fsf] ;DaGwdf ;+rfns ;ldltsf]wf/0ffMrfn' cf=j=sf] k|yd dlxgf tyf bf];|f] dlxgfdf sDkgLn] cfgf] Joj;fodf sl/a &) k|ltztsf] j[l4b/ xfl;n ug{;kmn ePsf]df ;+ljwfg hf/L kZrft ljsl;t /fhg}lts 36gfqmd;+u} b]zsf] k|d'v cf}Bf]lus tyf cfly{sIf]qx¿df ePsf aGb, x8\tfn tyf gfsfdf ePsf cj/f]wsf sf/0f g]kfnsf] ;d:t cy{tGqdf k/]sf] gsf/fTdsc;/;+u} o; sDkgLsf] Jofj;flos j[l4b/df ;d]t ¥xf; cfPsf] 5 .

rfn' cf=j= df o; k|ltj]bg tof/ ubf{sf] cjlw;Dd ¿= !)) s/f]8sf] aLdfz'Ns cfh{g ug{ ;kmn ePsf 5f}+ .pQm /sd ut cf=j= sf] ;f]xL ;do;Ddsf] cflh{t aLdfz'Ns ¿= *@ s/f]8eGbf @@ k|ltztn] j[l4 ePsf] hfgsf/Lu/fpg rfxG5f}+ . ljutdf ePsf gfsf cj/f]wsf] ;dfwfg kZrft sDkgLsf] Joj;fodf yk j[l4 x'g] k|If]k0f ug{;lsG5 . rfn' cf=j=sf] xfn;Ddsf] pknlAw tyf cfp“bf lbgx¿sf] k|If]k0f cg';f/ rfn' cf=j=df sl/a ¿= !*)s/f]8sf] aLdfz'Ns cfh{g ug]{ nIo /x]sf] 5 . pQm nIo xfl;n ug{sf] nflu cfjZos /0fgLltx¿ cjnDag ub}{hfg] hfgsf/L u/fpg rfxG5f}+ .

rfn' jif{df sDkgLn] ;DkGg u/]sf] ;fwf/0f z]o/sf] gof“ lgisfzg kZrft o; sDkgL r'Qmf k"“hL tyf g]6jy{df;d]t g]kfnsf] lghL{jg aLDff sDkgLx¿dfem cu|0fL :yfgdf /xg ;kmn ePsf] hfgsf/L u/fpg rfxG5f}+ . rfn'cf=j=sf] bf];|f] q}dfl;s;Dd o; sDkgLsf] r'Qmf k"“hL ¿= $),*&,*(,*)) /x]sf] 5 eg] ;+rfns ;ldltn] k|:tfju/]sf] @$ k|ltztsf] af]g; z]o/nfO{ o; ;fwf/0f ;efn] cg'df]bg u/] kZrft r'Qmf k"“hL ¿= %),^*,((,$))k'Ug]5 . rfn' cf=j=sf] bf];|f] q}dfl;s;Dd g]6jy{ ¿= !,@#,!*,)),#)( /x]sf] o; sDkgL g]kfnsf] lghL If]qx¿af6k|jl4{t lghL{jg aLdf sDkgLx¿dWo] ¿= !)) s/f]8 eGbf a9L g]6jy{ x'g] Psdfq sDkgLsf ¿kdf /x]sf] ;xif{hfgsf/L u/fpg rfxG5f}+ .

sDkgLsf] ljQLo Ifdtfdf cfPsf] j[l4;+u} sDkgLsf] hf]lvdfÍg gLlt (underwriting Policy) k'gaL{df gLltnfO{ ;fdlos¿kdf kl/dfh{g ub}{ hfGf] hfgsf/L u/fpg rfxG5f}+ .cf=j=@)&@.&# sf] bf];|f] q}dfl;s;Ddsf] k|d'v cfly{s ;"rfÍx¿ lgDgadf]lhd /x]sf] 5 M

qm=;+= ljj/0f /sd ¿=!= r'Qmf k"“hL $),*&,*(,*))@= g]6jy{ !,@#,!*,)),#)(#= s'n aLdfz'Ns &%,%!,^!,)$&$= v'b aLdfz'Ns #^,!%,($,!()%= v'b gfkmf !),!!,*$,&!^^= s'n bfjL e'QmfgL $#,#&,)),^$!&= v'b bfjL e'QmfgL !#,@&,*^,#%#*= c;dfKt hf]lvd hu]8f $#,&@,^),)@#

dfly pNn]lvt ljQLo ;"rfÍx¿ adf]lhd o; sDkgL x/]s If]qdf cu|0fL :yfgdf /xg ;kmn ePsf] ;xif{ hfgsf/Lu/fpg rfxG5f}+ . sDkgLn] th'{df u/]sf] of]hgf tyf /0fgLltn] eljiodf sDkgLsf] ljQLo cj:yf yk ;'b[9 x'“b}hfg] ljZjf; lbnfpg rfxG5f}+ .

Page 18: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!^

$_ cf}Bf]lus Pj+ Jofj;flos ;DaGwMb]zsf ljleGg jfl0fHo a}+s tyf ljQLo ;+:yfx¿, pBf]uL tyf Joj;foLx¿, Po/ nfOG; sDkgL, dfp06]gLol/¨÷6]«ls¨Ph]G;Lx¿, u}/;/sf/L lgsfox¿, pBf]u Jofkf/ tyf ljleGg sfof{no / JolQmx¿;+u o; sDkgLsf] Jofj;flos;DaGw /x“b} cfPsf] 5�. sDkgLsf] ;+rfns ;ldltsf kbflwsf/L, sDkgLsf Joj:yfks Pj+ sd{rf/Lx¿ dfk{mtcfgf] ;fljs tyf ;DefJo u|fxsx¿;+u klg Jofj;flos ;DaGwnfO{ lg/Gt/ ¿kdf ;'dw'/ /fVg ;Ifd ePsf5f}+�eg] gof“ zfvfx¿sf] lj:tf/;+u} sDkgLsf] Jofj;flos ;DaGw clw/fHoe/ lj:tf/ x'“b} cfO/x]sf] 5 .

a};fv !@ df cfPsf] ljgfzsf/L e"sDksf sf/0f ;[hgf ePsf] bfjLsf] bfjL e'QmfgLdf sDkgLn] b]vfPsf]tbf?stfsf] sf/0f sDkgLsf] Jofj;flos ;DaGwx¿ yk ;'dw'/ x'g'sf ;fy} sDkgLsf] ;fvdf ;d]t j[l4 ePsf]xfdLn] dx;"; u/]sf 5f}+ .

sDkgLn] cfGtl/s ¿kdf klg cGo aLdf sDkgLx¿;+u k'gaL{df cfbfg–k|bfg ub}{ Jofj;flos ;DaGwnfO{ lg/Gt/tflbO/x]sf] hfgsf/L u/fp“b5f}�. sDkgLleq klg sDkgL Joj:yfkgn] lgoldt ¿kdf ;Dk"0f{ sd{rf/Lx¿sf] a}7s/fvL sd{rf/Lx¿sf ;d:of Pj+ u'gf;fx¿ pk/ pko'Qm ;dfwfg ug{ cfjZos Joj:yf ldnfpg] u/]sf] 5 .h;n] ubf{ sDkgL Joj:yfkg / sd{rf/Lx¿aLr cToGt ;'dw'/ ;DaGw sfod /x]sf] dx;"; u/]sf 5f}�.

sDkgLn] cfp“bf lbgx¿df cGo lghL{jg aLdf sDkgLx¿;+u cfjZostf cg';f/ Jofj;flos tyf /0fgLlts;fem]bf/L u/L cl3 a9\g] of]hgf /x]sf] Joxf]/f hfgsf/L u/fpg rfxG5f}+ .

%_ ;+rfns ;ldltdf ePsf] x]/km]/ / ;f]sf] sf/0fMcf=j=@)&!.&@ df ;j{;fwf/0f z]o/wgLsf tkm{af6 lgjf{lrt ;+rfns >L ls/0f z]v/ cdfToHo'n] /fhLgfdflbg'ePsf] hfgsf/L u/fpg rfxG5f}+ . lghsf] /fhLgfdf kZrft\ o; sDkgLsf] ;+rfns ;ldltsf] a}7saf6o; jflif{s ;fwf/0f ;ef;Ddsf] nflu >L :sGb cdfToHo"nfO{ ;+rfnsdf lgo'lQm ul/Psf] hfgsf/L u/fpgrfxG5f}+ . ;fy}, ;+:yfks ;d"xaf6 lgjf{lrt ;+rfns >L k|lbkh+h kf08]Ho"n] ;d]t ;+rfns kbaf6 /fhLgfdflbg'ePsf] hfgsf/L u/fpg rfxG5f}+ . sDkgLsf] k|aGw–kq tyf lgodfjnL ;+zf]wg k|:tfj kfl/t eP kZrft\;DalGwt lgsfoaf6 :jLs[lt k|fKt u/L ;+rfns ;ldltdf cfjZos km]/abn ul/g] hfgsf/L ul/g] 5 .

^_ sf/f]jf/nfO{ c;/ kfg]{ d'Vo s'/fx¿Mo; sDkgLsf] sf/f]jf/nfO{ lgDg s'/fx¿n] k|efj kfg]{ u/]sf] 5M– e"sDk, af9L nufot dxfljklQ hf]lvdx¿– Af9\bf] c:j:y k|lt:kwf{– k|lts"n /fhg}lts jftfj/0f– cl:y/ cfly{s ;fdflhs ljsf;– lgodgsf/L lgsfon] ;do–;dodf hf/L ug]{ lgb]{zgx¿– /fi6«sf] df}lb|s t/ntfdf x'g] kl/jt{gsf sf/0f a}+s tyf ljQLo ;+:yfn] k|bfg ug]{ Jofh b/df cfpg] kl/jt{g

dfly pNn]lvt s'/fx¿af6 sDkgLnfO{ kfg]{ k|efjx¿nfO{ Go"gLs/0f ug{ cfjZos /0fgLlt tyf of]hgfx¿ th'{dfub}{ cufl8 al9/x]sf] hfgsf/L u/fpg rfxG5f}+ .

&_ n]vfk/LIf0f k|ltj]bgdf s}lkmot k|;·Mcfly{s jif{ @)&!÷)&@ sf] n]vfk/LIf0f k|ltj]bgdf n]vfk/LIfsaf6 s'g} ;f/e"t s}lkmot gePsf] z]o/wgLdxfg'efjx¿df hfgsf/Lsf] nflu cg'/f]w ub{5f}+�.

*_ nfef+zMsDkgLn] rfn' cf=j= @)&@.&# df ;j{;fwf/0f z]o/sf] gof“ lgisfzg u/]sf] x'“bf lwtf]kq lgisfzg lgb]{lzsfsf]lgb]{zg #@ tyf sDkgL P]gsf] bkmf !*@ adf]lhd sDkgLn] ljt/0f ug]{ nfef+zdf gof“ lgisfzgaf6 sfodx'g cfPsf z]o/wgLx¿sf] ;d]t ;xeflutf /xg] hfgsf/L u/fpg rfxG5f}+ .

sDkgLn] cfly{s jif{ @)&!÷&@ sf] gfkmf, ljut jif{x¿df cfh{g ePsf] z]o/ lk|ldod /sd tyf ljut cf=j=df;[hgf ul/Psf] dxfljklQ hu]8f afktsf] /sdaf6 @% k|ltzt af]]gz z]o/ tyf af]gz z]o/df cfos/ P]gadf]lhd >f]tdf nfUg] % k|ltzt s/ k|fof]hgsf nflu !=#!%* k|ltzt gub nfef+z k|:tfj u/]sf]df >L aLdf

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!&

;ldltaf6 ldlt @)&@.!!.)^ df …ut jif{ dxfljklQ hu]8f sf]ifsf] nflu 5'6\ofOPsf] /sd rfn' cf=j=df af]gzz]o/sf] dfWodaf6 jlxu{dg gu/L oyfjt sfod /fvL cfufdL cf=j=df pQm hu]8f sf]ifdf ;dfof]hg ug'{x'gÚadf]lhdsf] lgb]{zg k|fKt ePsf] hfgsf/L u/fp“b} pQm lgb]{zg adf]lhd o; sDkgLsf] ;+rfns ;ldltsf] ldlt@)&@.!!.!! sf] lg0f{oaf6 @$ k|ltzt af]g; z]o/ tyf !=@^#@ k|ltzt gub nfef+zsf] ;+zf]lwt k|:tfj ul/Psf]hfgsf/L u/fpg rfxG5f}+ . pQm k|:tfj o; ;fwf/0f ;efn] kfl/t ug]{5 eGg] ljZjf; lnPsf 5f}+ .

(_ z]o/ hkmt ;DaGwLMsDkgLn] cf=j= @)&!÷&@ df s'g} z]o/ hkmt gu/]sf] Joxf]/f z]o/wgL dxfg'efjx¿df hfgsf/L u/fp“b5f}+�.

!)_ ljut cfly{s jif{df sDkgL / ;xfos sDkgLsf] sf/f]af/sf] k|ult / ;f] cfly{s jif{sf] cGTodf /x]sf]l:yltsf] k'g/fjnf]sgMo; sDkgLsf] s'g} ;xfos sDkgL g/x]sf] Joxf]/f hfgsf/L u/fp“b5f}+ .

!!_ sDkgL tyf To;sf] ;xfos sDkgLn] cfly{s jif{df ;DkGg u/]sf] k|d'v sf/f]jf/x¿ / ;f] cjlwdf sDkgLsf]sf/f]jf/df cfPsf] s'g} dxŒjk"0f{ kl/jt{gMsDkgLsf] s'g} ;xfos sDkgL g/x]sf] pk/f]Qmfg';f/sf] s'g} sf/f]jf/ g/x]sf] Joxf]/f hfgsf/L u/fp“b5f}+�.

!@_ ljut cfly{s jif{df sDkgLsf] cfwf/e"t z]o/wgLx¿n] sDkgLnfO{ pknAw u/fPsf] hfgsf/LMsDkgLnfO{ cfwf/e"t z]o/wgLx¿af6 s'g} hfgsf/L k|fKt gePsf] Joxf]/f cjut u/fp“b5f}+�.

!#_ ljut cfly{s jif{df sDkgLsf ;+rfns tyf kbflwsf/Lx¿n] lnPsf] z]o/sf] :jfldTjsf] ljj/0f / sDkgLsf]z]o/ sf/f]jf/df lghx¿ ;+nUg /x]sf] eP ;f] ;DaGwdf lghx¿af6 sDkgLn] k|fKt u/]sf] hfgsf/LMcfly{s jif{ @)&!.&@ df o; sDkgLsf ;+rfns tyf kbflwsf/Lx¿n] lnPsf] z]o/ :jfldTjdf sDkgLn] hf/Lu/]sf] af]gz z]o/sf sf/0f z]o/ :jfldTjdf ePsf] j[l4 afx]s cGo s'g} kl/jt{g gePsf] hfgsf/L u/fpgrfxG5f}+ .

sDkgLsf] z]o/ sf/f]jf/df s'g} klg ;~rfns ;+nUg gx'g' ePsf] Joxf]/f hfgsf/L u/fp+b5f} .

!$_ ljut cfly{s jif{df sDkgL;+u ;DalGwt ;Demf}tfx¿df s'g} ;+rfns tyf lghsf] glhssf] gft]bf/sf]JolQmut :jfy{sf] af/]df pknAw u/fOPsf] hfgsf/Lsf] Joxf]/fMljut cf=j=df sDkgLsf ;+rfns tyf lghsf] glhssf] gft]bf/x¿;+u sDkgL;+u ;DalGwt s'g} klg ;Demf}tfx¿df:jfy{ g/x]sf] Joxf]/f cjut u/fp“b5f}+�.

!%_ sDkgLn] cfgf] z]o/ cfkm}+n] vl/b u/]sf] eP To;/L cfgf] z]o/ vl/b ug'{sf] sf/0f, To:tf] z]o/sf];+Vof / c+lst d"No tyf To;/L z]o/ vl/b u/] jfkt sDkgLn] e'QmfgL u/]sf] /sdMsDkgLn] cfgf] z]o/ cfkm}+n] vl/b gu/]sf] Joxf]/f hfgsf/L u/fp“b5f}+�.

!^_ cfGtl/s lgoGq0f k|0ffnL eP jf gePsf] / ePsf] eP ;f]sf] lj:t[t ljj/0fMsDkgLsf] cfGtl/s lgoGq0f k|0ffnLnfO{ k|efjsf/L agfpg lgDg adf]lhdsf] bfaL pk;ldlt, nufgL pk;ldlt,hf]lvd Joj:yfkg tyf ;f]Ne]G;L pk;ldlt, sd{rf/L Joj:yfkg tyf ;]jf zt{ pk;ldlt tyf n]vfk/LIf0fpk;ldltx¿ u/L % j6f pk;ldltx¿ u7g ul/Psf] 5 .

n]vfk/LIf0f pk;ldlt!= >L OGb| k|;fb sdf{rfo{, ;+rfns ;+of]hs@= >L uf}/j cu|jfn, ;+rfns ;b:o#= >L :sGb cdfTo, ;+rfns ;b:o

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!*

hf]lvd Joj:yfkg tyf ;f]Ne]G;L pk;ldlt

!= >L /fh]Gb| k|;fb >]i7, ;+rfns ;+of]hs

@= >L uf}/j cu|jfn, ;+rfns ;b:o

#= >L OGb| k|;fb sdf{rfo{, ;+rfns ;b:o

sd{rf/L Joj:yfkg tyf ;]jf zt{ pk;ldlt

!= >L /d]z s'df/ n'O“6]n, ;+rfns ;+of]hs

@= >L :sGb cdfTo, ;+rfns ;b:o

#= >L /fh]Gb| k|;fb >]i7, ;+rfns ;b:o

nufgL pk;ldlt

!= >L uf}/j cu|jfn, ;+rfns ;+of]hs

@= >L lbk k|sfz kf08], k|d'v sfo{sf/L clws[t ;b:o

#= >L ;'/h /fhjfxs, n]vf k|jGws ;b:o

bfjL pk;ldlt

!= >L /fh]Gb| k|;fb >]i7, ;+rfns ;+of]hs

@= >L lbk k|sfz kf08], k|d'v sfo{sf/L clws[t ;b:o

#= >L ljdn /fh g]kfn, jl/i7 ;Nnfxsf/ ;b:o

!&_ ljut cfly{s jif{sf] s'n Joj:yfkg vr{sf] ljj/0fMljut cfly{s jif{sf] s'n Joj:yfkg vr{sf] ljj/0f o;};fy ;+nUg sDkgLsf] ljQLo k|ltj]bgsf] cg';"rL -%_df pNn]v ul/Psf] 5�.

!*_ n]vfk/LIf0f ;ldltsf ;b:ox¿sf] gfdfjnL, lghx¿n] k|fKt u/]sf] kfl/>lds, eQf tyf ;'lawf, ;f];ldltn] u/]sf] sfd sf/jfxLsf] ljj/0f / ;f] ;ldltn] s'g} ;'emfj lbPsf] eP ;f]sf] ljj/0fMn]vfkl/If0f pk–;ldltsf ;b:ox¿sf] gfdfjnL lgDgfg';f/ /x]sf] 5M

!= >L OGb| k|;fb sdf{rfo{, ;+rfns – ;+of]hs

@= >L uf}/j cu|jfn, ;+rfns – ;b:o

#= >L :sGb cdfTo, ;+rfns – ;b:o

n]vfk/LIf0f pk–;ldltn] sDkgL P]g tyf AfLdf ;ldltn] hf/L u/]sf] lgb]{zgsf] cwLgdf /xL sfd ub}{ cfPsf]5 . n]vfk/LIf0f pk–;ldltsf ;+of]hs / ;b:ox¿nfO{ x/]s a}7sdf ¿= @,%)) sf b/n] a}7s eQf k|bfgul/G5 . cfly{s jif{ @)&!.&@ df n]vfk/LIf0f ;ldltsf] a}7s eQf afkt s'n ¿= $@,%)) e'QmfgL ul/Psf]5 .

n]vfk/LIf0f pk–;ldltn] u/]sf] sfd sf/jfxLsf] ljj/0fM– cf=j= @)&).&! sf]] jflif{s ljQLo ljj/0f tyf jf≈o n]vfk/LIf0f k|ltj]bg tyf ;f]sf] Joj:yfkgn] lbPsf]

hjfkm pk/ 5nkmn .

– cfGtl/s n]vfk/LIf0f k|ltj]bg tyf ;f] k|ltj]bg dfly Joj:yfkgn] lbPsf] hjfkm pk/ 5nkmn .

– cfGtl/s tyf jf≈o n]vfk/LIf0f sfo{qmd pk/ 5nkmn .

– aLdf ;ldltn] ;do–;dodf ul/g] ;'kl/j]If0fsf] k|ltj]bg pk/ 5nkmn .

– cfGtl/s n]vfk/LIf0f k|ltj]bg, jf≈o n]vfk/LIf0f k|ltj]bgdf cf}+NofPsf sdL sdhf]/LnfO{ lg/fs/0f ug{Joj:yfkgnfO{ cfjZos ;Nnfx / ;'emfj k|bfg .

Page 21: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

!(

!(_ ;+rfns, k|aGw ;+rfns, sfo{sf/L k|d'v, sDkgLsf cfwf/e"t z]o/wgL jf lghsf] glhssf gft]bf/ jflgh ;+nUg /x]sf] kmd{, sDkgL jf ;+ul7t ;+:yfn] sDkgLnfO{ s'g} /sd a'emfpg af“sL eP ;f] s'/fMsDkgLnfO { To:tf ] s 'g } klg /sd a'emfpg af “sL g/x ]sf ] Joxf ]/f hfgsf/L u/fp “b5f } + .

@)_ ;+rfns, k|aGw ;+rfns, sfo{sf/L k|d'v tyf kbflwsf/Lx¿nfO{ e'QmfgL ul/Psf] kfl/>lds, eQf tyf;'ljwfsf] /sdM;+rfns, k|aGw ;+rfns, sfo{sf/L k|d'v tyf cGo kbflwsf/Lx¿nfO{ e'QmfgL ul/Psf] kfl/>lds, eQf tyf;'ljwfsf] /sd lgDgfg';f/ /x]sf] 5 .

ljj/0f /sd ¿=;+rfns ;ldltsf] a}7s eQf %,**,)))cGo ;ldltsf] a}7s eQf !,(@,%))k|d'v sfo{sf/L clws[tnfO{ e'QmfgL u/]sf] tna eQf tyf sd{rf/L af]g; /sd #$,!*,$#)cGo k|jGwsx¿nfO{ e'QmfgL u/]sf] tna eQf tyf sd{rf/L af]g; /sd @,^^,#&,#&&

dfly pNn]lvt jfx]s k|d'v sfo{sf/L clws[t tyf k|jGwsx¿nfO{ sDkgLsf] lgodfjnL cg';f/ ;jf/L ;'ljwf,OGwg tyf ;+rf/ ;'ljwf lbOPsf] 5 .

@!_ z]o/wgLx¿n] a'lemlng af“sL /x]sf] nfef+zsf] /sdMsDkgLsf z]o/wgLx¿n] ¿= %,*$,%*& nfef+z a'lemlng af“sL /x]sf] 5 .

@@_ bkmf !$! adf]lhd ;DklQ vl/b jf laqmL u/]sf] s'/fsf] ljj/0fMkl5Nnf] cfly{s jif{sf] ;DklQsf] d"Nosf] !% k|ltzteGbf a9L d"Nosf] ;DklQ vl/b ul/Psf] 5}g .

@#_ bkmf !&% adf]lhd ;Da4 sDkgLaLr ePsf] sf/f]jf/sf] ljj/0fMo; sDkgLsf] ;xfos sDkgL gePsf] / of] sDkgL s'g} d'Vo sDkgLsf] ;xfos sDkgL klg gePsf] x'“bf pk/f]Qmbkmfdf pNn]v eP adf]lhd s'g} sf/f]jf/ gePsf] hfgsf/L u/fp“b5f}+�.

@$_ o; P]g tyf k|rlnt sfg"g adf]lhd ;+rfns ;ldltsf] k|ltj]bgdf v'nfpg' kg]{ cGo s'g} s'/fMo; k|ltj]bgsf] ;fGble{s 7fp“df v'nfPsf] 5 .

sDkgL lgb]{lzsf, @)&@ sf] lgb]{zg *^ adf]lhdsf] pb\3f]if0fo; sDkgLaf6 sDkgL P]gsf] bkmf &^ adf]lhd cf=j= ;dfKt ePsf] ^ dlxgfleq jflif{s ;fwf/0f ;ef ;DkGgug'{kg]{ Joj:yf afx]s sDkgL P]gsf] k"0f{ kfngf ePsf] hfgsf/L u/fpg rfxG5f}+ .

Page 22: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

@)

%= ;d:of tyf r'gf}tLx¿Mg]kfnsf] ljQLo If]qdf bIf hgzlQmsf] sldn] ubf{ hgzlQm ljsf; tyf kl/rfngdf /x]sf] ;d:of tyf r'gf}tL .k|fs[lts k|sf]k h:t} e"sDk, af9L, klx/f] nufotn] lgDTofpg] dxfljklQ hf]lvd .a}+s tyf ljQLo ;+:yfx¿sf] d'2tL lgIf]kdf 36\bf] Jofhb/ .ljutdf ePsf gfsf cj/f]wsf sf/0f b]zsf] cy{tGqdf k/]sf] c;/ .cl:y/ /fhg}lts jftfj/0faf6 pTkGg cfly{s tyf cGo ;d:ofx¿ .c:j:y ahf/ k|lt:kwf{ .

k|yd (%% ^#( *)# $)% &%,*)#bf];|f] *&@ &)% *$) $@@ &$,*^*t];|f] *&@ ^&$ &!% #!$ %#,@*@rf}yf] *^% $() ^() $)* ^*,^(*

q}df; clwstd d"No Go"gtd d"No clGtd d"No sf/f]af/ ;+Vof z]o/ ;+Vof

lwtf]kq btf{ tyf lgisfzg lgodfjnL @)^% sf] lgod @@ sf] pklgod ! adf]lhd

v'nfpg'kg]{ yk ljj/0f

!= sfg"gL sf/jfxL ;DaGwL ljj/0fM

– sDkgLn] jf sDkgLsf lj¿¢ bfo/ ePsf] d'2fsf] ljj/0fM gePsf]

– sDkgLsf] ;+rfns jf ;+:yfksn] jf ;+rfns jf :f+:Yffks lj¿¢df k|rlnt lgodsf] cj1f jf kmf}hbf/L ck/fwu/]sf] ;DaGwdf s'g} d'2f bfo/ u/]sf] jf ePsf] eP ;f]sf] ljj/0fM gePsf]

– sDkgLsf] ;+rfns jf ;+:yfks lj¿¢ cfly{s ck/fw u/]sf] ;DaGwdf s'g} d'2f bfo/ ePsf] eP ;f]sf] ljj/0fMgePsf]

@= sDkgLsf] z]o/ sf/f]af/ tyf k|ultsf] ljZn]if0fMg]kfn lwtf]kq ljlgdo ahf/df ePsf] sDkgLsf] z]o/ sf/f]af/n] nufgLstf{sf] sDkgL k|lt ljZj;lgotf emNsfPsf]xfdLnfO{ dx;"; ePsf] 5 . cfly{s jif{ @)&!.&@ df o; sDkgLsf] z]o/ clwstd ¿= (%% ;Dddf v/Lb laqmL ePsf]lyof] eg] Go"gtd ¿= $() df sf/f]af/ ePsf] lyof] . j}zfv !@ df cfPsf] ljgfzsf/L e"sDkkZrft\ b]zsf] ;Dk"0f{cy{tGqdf k/]sf] c;/;+u} sDkgLsf] z]o/sf] ahf/ d"Nodf ;d]t c;/ kg{ uPsf] xfd|f] wf/0f /x]sf] 5 .

#= lwtf]kq ahf/df sDkgLsf] z]o/ sf/f]af/sf] ;DaGwdf Joj:yfkgsf] wf/0ffMljut jif{x¿df sDkgLsf] ;+:yfks z]o/sf] lx:;f *) k|ltzt ePsf] / ;j{;fwf/0f z]o/sf] lx:;f hDdf @) k|ltztdfqePsf] sf/0fn] sDkgLsf] z]o/ sf/f]af/ ;+Vof cGo lghL{jg sDkgLsf] t'ngfdf sd /x“b} cfPsf]df rfn' cf=j= dfsDkgLn] ;j{;fwf/0f z]o/sf] lx:;f #)∞ k'¥ofpg yk %,!),(** lsQf z]o/sf] gof“ lgisfzg ;DkGg ul/;s]sf] x'“bfsDkgLsf] z]o/ sf/f]af/sf] ;fy} ahf/ k"“hLs/0f ;d]t a9\g] ljZjf; /x]sf] 5 .

$= ;dLIff cjlwsf] k|To]s q}dfl;s cjlwdf sDkgLsf] z]o/sf] clwstd, Go"gtd / clGtd d"Nosf] ;fy} s'n sf/f]af/;+Vof / z]o/ ;+VofM

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@!

;+rfns ;ldltsf] tkm{af6ljsf; h+uaxfb'/ /f0ff

cWoIf

;+rfns ;ldltsf] tkm{af6/fh]Gb| k|;fb >]i7

;+rfns

/0fgLlthgzlQm ljsf; tyf kl/rfngsf] nflu x/]s lbg cfgf sd{rf/Lx¿nfO{ tflndsf] Joj:yf ub}{ cfPsf 5f}+ . ljutdfem}+ sDkgLn] x/]s If]qdf j}slNks hgzlQm ljsf; ub}{ hfg] qmdnfO{ lg/Gt/tf lbOg]5 .

k|fs[lts k|sf]kaf6 ;[hgf x'g] dxfljklQ hf]lvdnfO{ Joj:yfkg ug{ cfgf] wf/0f zlQmsf] d"NofÍg ub}{ s'zn k'gaL{dfJoj:yf ub}{ hfg] /0fgLlt /x]sf] 5 .

d'2tL lgIf]ksf] 36\bf] Jofhb/sf sf/0f nufgL cfodf cfpg ;Sg] ¥xf;nfO{ ;dfwfg ug{ aLdf ;ldltsf] lgb]{zgleq/xL sDkgLsf] nufgLnfO{ ljljlws/0f ub}{ hfg] /0fgLlt /x]sf] 5 .

b]zdf lj3Dffg /fhg}lts ljsf;qmdsf sf/0f ;[hgf x'g] hf]lvd tyf r'gf}tLx¿sf lglDt cfjZos of]hgfsf ;fysDkgL cuf8L a9g] /0fgLlt /x]sf] 5 .

c:j:y ahf/ k|lt:kwf{df cfgf] Joj;fo j[l4 ug{ cfgf] hf]lvdfÍg tyf bfjL e'QmfgL ;]jfnfO{ ;do ;fGble{s ¿kdfk|efjsf/L agfp“b} hfg] gLlt /x]sf] 5 .

;fy}, sDkgLsf] hf]lvd jxg ug]{ IfdtfnfO{ cWoog ub}{ eljiodf :jb]zL tyf ljb]zL aLdf sDkgLx¿nfO{ ;d]t k'gaL{df;]jf k|bfg ub}{ hfg] p2]Zo /x]sf] hfgsf/L u/fpg rfxG5f}+ .

wGojfb 1fkgMsDkgL] ;'rf¿ ¿kn] ;+rfngsf] nflu cljlR5Gg ¿kdf ;xof]u k'¥ofpg' x'g] z]o/wgL dxfg'efj, aLdf ;ldlt, cfGtl/s

/fHfZj ljefu, g]kfn lwtf]kq ljlgdo ahf/ lnld6]8, g]kfn lwtf]kq af]8{, l;l8P; P08 lSnol/¨ ln=, g]kfn /fi6« a}+snufot cGo ;Dk"0f{ lgodgsf/L lgsfox¿, g]kfn k'gaL{df sDkgL tyf cGo aLdf / k'gaL{df sDkgL, jfl0fHo a}+s Pj+ ljQLo;+:yfx¿, a|f]s/, ;e]{o/, n]vfk/LIfs ;lxt tyf aLdf clestf{ nufot ;Dk"0f{ z'e]R5'sx¿df ;+rfns ;ldltsf] tkm{jf6cfef/ Pj+ wGojfb 1fkg ub{5f}+ .

sDkgLsf] Joj;fonfO{ ljZjf; / OdfGbf/Lsf ;fy cufl8 a9fpg lg/Gt/ k|oTgdf /xg] sfo{sf/L k|d'v, sDkgLsfsd{rf/LnfO{ wGojfb 1fkg ub}{ lghx¿sf] k|ltj¢tf / ;dk{0fnfO{ ;+rfns ;ldltsf] tk{maf6 sb/ Pj+ k|z+;f JoQm ug{rfxG5f} .

sDkgLnfO{ ljZjf; u/L lg/Gt/ ;]jfsf] cj;/ k|bfg ug'{ x'g] xfd|f ;Dk"0f{ u|fxsju{k|lt ljz]if tyf xflb{s s[t1tf1fkg ub{5f} .

cGTodf sDkgLsf z]o/wgL dxfg'efjx¿af6 ;efsf] sfo{;"rL adf]lhdsf k|:tfjx¿ pk/ 5nkmn u/L :jLs[t ug''{x'g]5 eGg] ck]Iff /fVb} cfufdL lbgdf klg lg/Gt/ ;xof]u tyf z'e]Iff k|fKt eO/xg] cfzf / ljZjf;sf ;fy of] k|ltj]bg6'+Uofpg] cg'dlt rfxG5' .

wGojfb ⁄

Page 24: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

n]vfk/LIfssf] k|ltj]bg

B.K. Agrawal & Co.Chartered AccountantsMember Crowe Horwath International

Saraswati Vatika122 Pannahiti Marg, Sifal Ward No. 7P.O. Box 3761, Kathmandu, NepalT: +977 1 4481865, 4467694F: +977 1 4480065E: [email protected]: [email protected]: www.crowehorwath.net/np

xfdLn] lzv/ OG:of]/]G; sDkgL lnld6]8sf] o;};fy ;+nUg @)&@ cfiff9 #! ut]sf] jf;nft, ;f] ldltdf ;dfKt ePsf] cfly{s jif{sf]gfkmf–gf]S;fg lx;fa, gub k|jfx ljj/0f, OSo'6Ldf ePsf] kl/jt{g / k|d'v n]vfgLlt tyf n]vf ;DaGwL l6Kk0fLx¿sf] n]vfk/LIf0f ;DkGgu/]sf 5f}+ .

ljQLo ljj/0fx¿ pk/ Joj:yfkgsf] pQ/bfloTj

g]kfn n]vfdfg cg'¿k oyfy{ / plrt lrq0f ug]{ ljQLo ljj/0fx¿ tof/ Pj+ k|:t't ug]{ pQ/bfloTj Joj:yfkgdf /x]sf] 5 . oL pQ/bfloTjcGtu{t ljQLo ljj/0f unt cf+s8f /lxt, hfn;fhL jf ;f/e"t lsl;dn] q'l6/lxt 5 egL ljQLo ljj/0f tof/ / k|:t'tLs/0f ug]{ ;DaGwLcfGtl/s lgoGq0f k|0ffnLsf] th'{df, sfof{Gjog / ;+rfng ug]{ sfo{ n]vfgLltx¿sf] 5gf}6 tyf nfu" ug{ Pj+ kl/l:ylt cg';f/ n]vf;DaGwLdxŒjk"0f{ cg'dfg ug]{ kb{5g\ .

n]vfk/LIfssf] pQ/bfloTj

ljQLo ljj/0fx¿ pk/ n]vfk/LIf0fsf] cfwf/df dGtJo JoQm ug'{ xfd|f] pQ/bfloTj xf] . xfdLn] xfd|f] n]vfk/LIf0f g]kfn n]vfk/LIf0fdfgadf]lhd ;DkGg u¥of}+ . oL dfgn] xfdLnfO{ Joj;flos g}ltstfsf] kfngf ug]{ tyf ljQLo ljj/0fx¿ ;f/e"t ¿kdf q'l6/lxt ePsf] af/]dfdgfl;a cfZjf;g k|fKt ug{ xfdLnfO{ n]vfk/LIf0fsf] of]hgf agfpg / n]vfk/LIf0f ;DkGg ug{ clgjfo{ u/fp“5g\ .n]vfk/LIf0f cGtu{t ljQLo ljj/0fdf pNn]lvt /sd / v'nf;fnfO{ k'li6 ug]{ k|df0f k|fKt ug]{ ;DaGwL ;Dkfbg sfo{ljlw ;+nUg x'G5 . o;/L5gf}6 ul/Psf] sfo{ljlw rfx] hfn;fhL jf uNtLaf6 xf];\, ;f/e"t ¿kdf q'l6/lxt k|:t'lt x'g ;Sg] hf]lvdsf] n]vfhf]vf ;lxt xfd|f]Jofj;flos lg0f{odf cfwfl/t 5 . To;/L hf]lvdsf] n]vfhf]vf ug]{ qmddf, xfdLn] sDkgLsf] cfGtl/s lgoGq0f pk/ g} /fo JoQm ug]{p2]Zon] ge}, kl/l:ylt cg';f/ xfd|f] n]vfk/LIf0f sfo{ljlw tof/ ubf{, sDkgLn] ljQLo ljj/0f tof/ Pj+ k|:t'lt ug]{ qmddf cjnDagu/]sf] cfGtl/s lgoGq0f k|0ffnLsf] ljZn]if0f u/]sf 5f}+ . n]vfk/LIf0f Joj:yfkgåf/f k|of]udf NofOPsf n]vf l;4fGtx¿ Pj+ ul/Psf dxŒjk"0f{cg'dfgx¿sf] pko'Qmtfsf] tyf d"NofÍgsf ;fy} ;du| ljQLo ljj/0f k|:t'ltsf] n]vfhf]vf ;d]t ;dfj]z x'G5 .

sDkgL P]g, @)^#, aLdf P]g, @)$( tyf cGo k|rlnt P]gn] tf]s]sf] s'/fx¿sf] k|ltj]bg

xfdLn] ;DkGg ul/Psf n]vfk/LIf0fsf] cfwf/df lgDgfg';f/sf] k|ltj]bg k]z ub{5f}+M–

-s_ n]vfk/LIf0f ;DkGg ug{ cfjZos 7fg]sf ;"rgf, :ki6Ls/0f / hjfkm pknAw ePsf 5g\ .-v_ ;+nUg jf;nft, gfkmf–gf]S;fg lx;fa / gub k|jfx ljj/0f / ;+nUg cg';"rLx¿ aLdf ;ldltsf] 9f“rf / tl/sf cg';f/ tof/ ul/Psf]

5 / pQm ljj/0fx¿ sDkgLn] /fv]sf] lx;fa, lstfa axLvftf >]:tf / n]vf;+u b'?:t /x]sf 5g\ .-u_ sDkgLn] cfgf] lx;fa–lstfa k|rlnt sfg"g / k|rng cg';f/ 7Ls;+u /fv]sf] 5 .-3_ xfd|f] /fodf / xfdLn] hfg] a'em];Dd tyf xfdLnfO{ k|fKt ;"rgf tyf :ki6Ls/0f / xfdLn] n]vfk/LIf0f u/]sf] cfwf/df sDkgLsf]

;+rfns ;ldltsf jf k|ltlglw jf s'g} kbflwsf/L jf s'g} sd{rf/Ln] k|rlnt sfg"g ljkl/t n]vf;DaGwL s'g} sfdsfh jf clgoldtsfo{ u/]sf] jf sDkgLsf] ;DklQ lxgfldgf u/]sf] jf sDkgLsf] xflg–gf]S;fgL u/] u/fPsf] 5}g .

-ª_ sDkgLdf n]vf;DaGwL s'g} hfn;fhL u/]sf] xfd|f] hfgsf/Ldf cfPg .

n]vfk/LIfssf] dGtJoxfd|f] /fodf ljQLo ljj/0fsf] cg';"rL @% tyf @^ df pNn]v ePsf] k|d'v n]vf gLlt tyf n]vf ;DaGwL l6Kk0fLx¿n] kfg{ ;Sg] c;/afx]s sDkgLsf] @)&@ cfiff9 #! ut]sf] ljQLo l:ylt, ;f] ldltdf cGTo ePsf] ;+rfng glthf / gub k|jfx ljj/0f ;d]tsf] ;xL /;d"lrt lrq0f ub{5 / oL ljj/0fx¿ sDkgL P]g, @)^#, aLdf P]g, @)$(, aLdf ;ldltsf] lgb]{lzsf, g]kfn n]vfdfg (Nepal Accounting

Standards) tyf n]vfsf] ;j{dfGo l;4fGt tyf k|rng cg';f/ tof/ ul/Psf 5g\ .

sf7df8f}+ldltM– @)&@÷)(÷)&

lgM la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06\;

l;P= la=s]= cu|jfnjl/i7 ;fem]bf/

@@

Page 25: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

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la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

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cfO{=lk= sdf{rfo{����

;+efljt bfloTjx¿ljj/0f o; jif{ ut jif{

r'Qmf jf e'QmfgL x'g af“sL nufgL – –k|Tofe"lt k|ltj4tf – –aLdfn]v cGtu{t eGbf afx]saf6 aLds pk/ bfjL k/]sf] t/ aLdsn]bfloTj :jLsf/ gu/]sf] – –aLdsn] jf aLdssf] tkm{af6 lbOPsf] Uof/]06L – –cGo -ljj/0f v'nfpg]_ – –hDdf – –

lzv/ OG:of]/]G; sDkgL lnld6]8@)&@÷)#÷#! sf] jf;nft

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

;+efljt bfloTjx¿ / cg';"rL ^ tyf !@ b]lv @^ ;Dd o;sf cleGg c+u x'g\ .

;|f]t!= r'Qmf k"“hL !# #%,&^,(!,))) @(,&&,&@,)))@= hu]8f tyf sf]if !$ !@,$$,)&,%$# *,$@,$&,&!(#= aLdf sf]if !@ #),%(,*),^(# !(,&),#@,%&($= dxf–ljklQ hu]8f !% !,!),*),*%^ &#,##,!@*%= ltg{ af“sL bL3{sfnLg C0f tyf ;fk6L !^ – –

�������������s'n ;|f]t &(,(!,^),)(@ %*,^#,*%,$@&pkof]u

^= l:y/ ;DklQ -v'b_ !& @!,@),*(,%@) @@,!$,)%,$!*&= bL3{sfnLg nufgL !* @^,%!,^*,*(@ !$,)&,*@,&@&*= bL3{sfnLg shf{ @) – –

rfn' ;DklQ shf{ tyf k]ZsLx¿M – –(= gub tyf a}+s df}Hbft !( !&,%),&#,)^* &,&(,^),()$!)= cNksfnLg nufgL !* %(,(@,)),))) $^,)$,%),)))!!= cNksfnLg shf{ @) – –!@= cGo ;DklQ @! ^!,!!,@^,*&* $&,^@,#^,&%%

������������hDdf -s_ -(±!)±!!±!@_ !,#*,%#,((,($^ !,)!,$^,$&,^%(rfn' bfloTj tyf Joj:yfx¿M

!#= rfn' bfloTj @@ $%,#&,(),%^* ##,@!,!!,$^^!$= c;dfKt hf]lvd jfkt Joj:yf @# ##,*),&$,$)( @#,@#,(&,@)!!%= e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ !$,$!,&(,&(( !@,)&,*^,#$(!^= cGo Joj:yf @#…sÚ !@,*!,$),!() !),^#,&(,@$@

������������hDdf -v_ -!#±!$±!%±!^_ !,)^,$!,*$,(^^ &(,!^,&$,@%&!&= v'b rfn' ;DklQ -u_ ≠ -s_ – -v_ #@,!@,!$,(*) @@,@(,&#,$)#!*= ckn]vg jf ;dfof]hg x'g af“sL ljljw vr{x¿ @$ ^,*^,^(( !@,@#,*&*!(= gfkmf–gf]S;fg lx;faaf6 ;f/]sf] gf]S;fg – –

������������s'n pkof]u -^±&±*±!&±!*±!(_ &(,(!,^),)(@ %*,^#,*%,$@&

@#

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;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

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lzv/ OG:of]/]G; sDkgL lnld6]8cf=j= @)&!÷)&@ sf] gfkmf–gf]S;fg lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL @, % tyf & b]lv !@, !$ / !% ;Dd o;sf cleGg c+u x'g\ .

cfDbfgL!= cfo–Joo lx;faaf6 ;f/]sf] gfkmf÷-gf]S;fg_ & @&,@*,#$,$$^ !(,*#,(),$!$@= nufgL shf{ tyf cGoaf6 cfo @ %,&!,(&,#%* @,!(,@$,@&(#= Joj:yf lkmtf{ * – !,$*,)%!$= cGo cfDbfgL – –

������������hDdf cfDbfgL -s_ ##,)),#!,*)$ @@,)$,^@,&$$vr{

%= Joj:yfkg vr{ % !,%#,(%,%&) !,@@,&%,%@#^= ckn]vg vr{ ( $,#&,)&* %,%),$^@&= z]o/ ;DaGwL vr{ (…sÚ ##,&@,$^& #,%@,&(%*= cGo vr{x¿ !) – –(= gf]S;fgLsf] nflu Joj:yf !! !),!$,#^! (,&(,!)&!)= sd{rf/L cfjf; Joj:yf – –!!= sd{rf/L af]g; Joj:yf @,*!,^$,&%& !,*&,%$,(*&!@= ;dfof]lht cfos/ -c_ ≠ -cf_ – -O{_ ^,@),@*,&!^ %,^$,@@,&#(

cf_ cfos/ ^,#&,%!,#$# %,&&,^$,@%&O{_ :yug s/ ;DklQ÷bfloTj -!&,@@,^@*_ -!#,$!,%!*_������������hDdf vr{ -v_ !!,)$,!@,($( *,(#,#%,^!#v'b gfkmf ÷-gf]S;fg_ -u_ ≠ -s_ – -v_ @!,(^,!*,*%% !#,!!,@&,!#!

!#= aLdf sf]ifdf ;f/]sf] !@ -!),*(,$*,!!#_ -^,$*,(@,*)^_aLdf hu]8fdf ;f/]sf] – –

!$= cl3Nnf] jif{;+u ;DalGwt vr{ -!$,$^,!**_ -@,@#,(&)_!%= cl3Nnf] jif{af6 ;fl/Psf] gfkmf÷-gf]S;fg_ !%,*$,))^ &#,@),(@(

af“8kmf“8sf] nflu pknAw /sd !!,)*,)*,%^) &,##,#!,@*#dxf–ljklQ hu]8faf6 ;fl/Psf] /sd &#,##,!@* –z]o/ lk|ldodaf6 ;fl/Psf] /sd &#,%),%() –

!^= -s_ :yug s/ hu]8f !$ -!&,@@,^@*_ -!#,$!,%!*_-v_ k"[hLut hu]8f !$ – –-u_ ljz]if hu]8f !$ – –-3_ cGo hu]8f -ljj/0f v'nfpg]_ !$ – –-ª_ k|:tfljt nfef+z !$ – –

c= af]gz z]o/ !$ -!),@!,(&,$%)_ -%,(%,%$,$))_cf= gub nfef+z @# …sÚ -%#,&*,*!#_ -#!,#$,$$@_

-r_ dxfljklQ hu]8f !% -!,!),*),*%^_ -&#,##,!@*_!&= jf;nftdf ;f/]sf] gfkmf÷-gf]S;fg_ %!,!@,%#! !(,^&,&(%

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@^

lzv/ OG:of]/]G; sDkgL lnld6]8cf=j= @)&!÷)&@ sf] gub k|jfxsf] ljj/0f

qm=;+= ljj/0f o; jif{ ut jif{

s= sf/f]af/ ;+rfngaf6 gub k|jfxaLdfz'Ns cfDbfgL !,#!,*#,&),!)! !,)%,)),^),*^(k'gaL{df z'Ns cfDbfgL #,$^,@&,#$( @!,^(,$*&k'gaL{df sldzg cfDbfgL !#,#!,@$,#@@ !!,*!,)@,#**cGo k|ToIf cfDbfgL – –k'gaL{dsaf6 k|fKt bfjL l/se/L ^@,@#,@#,!$^ @%,!&,)%,&*^k'gaL{df z'Ns e'QmfgL -&!,!$,$#,*$&_ -^#,$^,&@,^!)_k'gaL{df sldzg e'QmfgL -$,)$,^#%_ -%,*^,^$%_clestf{ z'Ns e'QmfgL -$,*%,)^,^%(_ -#,&!,$$,**^_bfjL e'QmfgL -&$,&%,!^,!^&_ -$@,^(,##,*(*_;]jf z'Ns e'QmfgL -#%,%#,$#$_ -#$,!^,^#)_Joj:yfkg vr{ e'QmfgL -!$,!#,@@,$(@_ -!),$#,$),(%%_sd{rf/L af]g; e'QmfgL -!,*&,%$,(*&_ -!,)@,&&,!&#_cfos/ e'QmfgL -*,*),%(,^(*_ -%,%&,&&,$$@_rfn' ;DklQdf -j[l4_÷sdL -@#,$#,(),$^(_ -!,)!,&*,$(!_rfn' bfloTjdf j[l4÷-sdL_ !*,%!,#(,!%# -&,%$,$),(@#_sf/f]af/ ;+rfngaf6 v'b gub k|jfx -s_ @(,(^,#!,^*# ^,#@,^*,*&&

v= nufgL ultljlwaf6 gub k|jfxl:y/ ;DklQdf -j[l4_÷sdL -^^,)%,)@&_ -!,@$,)&,@#)_;/sf/L / ;/sf/sf] hdfgt k|fKt ;]So'l/6Ldf nufgLdf -j[l4_÷sdL *@,%),))) -&!,@%,)))_a}+s tyf ljQLo ;+:yfsf] d'2tL lgIf]kdf nufgLdf -j[l4_÷sdL -!@,$%,)),)))_ -!!,^^,#),)))_a}+s tyf ljQLo ;+:yfsf] cGo lgIf]k nufgLdf -j[l4_÷sdL – –OSo"6L z]o/ nufgLdf -j[l4_÷sdL -&,&),%#,)^%_ -!,$%,#$,%#@_cu|flwsf/ z]o/ ÷ l8a]Gr/df nufgLdf -j[l4_÷sdL – -#,)!,&%,)))_cGo nufgLdf -j[l4_÷sdL -%^,^@,%@(_ -#,*&,^&&_k]ZsL tyf shf{df -j[l4_÷sdL – –e'QmfgL k|fKt Jofh cfDbfgL -nufgLdf_ $,$&,#@,^)% $,%^,!!,!@!e'QmfgL k|fKt l8le8]G8 !,!^,*#,&!$ !,%!,@&@ef8f cfDbfgL !,#&,&%,#)# !,@*,^%,#%(e'QmfgL k|fKt Aofh cfDbfgL -shf{df_ – –cGo ck|ToIf cfDbfgL – !^,^(,(%!nufgL ultljlwaf6 v'b gub k|jfx -v_ -!#,%#,&*,(((_ -!@,)(,^!,&#^_

u= ljQLo ;|f]t sf/f]af/af6 gub k|jfxz]o/af6 k|fKt /sd – (,$*,%),%()ltg{ af“sL ;fk6Ldf -j[l4_÷sdL – –cNksfnLg C0fdf -j[l4_÷sdL -%,*#,@*,$!)_ –C0f ;fk6Ldf Aofh e'QmfgL -@*,^),((!_ -!@,)),%%)_nfef+z e'QmfgL -#!,#$,$$@_ -@$,)$,&&(_z]o/ lgisfzg vr{ -@*,!^,^&&_ -#,%@,&(%_ljQLo ;|f]t sf/f]af/af6 v'b gub k|jfx -u_ -^,&!,$),%@)_ (,)*,(@,$^%o; jif{sf] ;Dk"0f{ ultljlwaf6 v'b gub k|jfx ≠ -s_±-v_±-u_ (,&!,!@,!^$ #,#!,((,^)^gub tyf a}+sdf /x]sf] z'? df}Hbft &,&(,^),()$ $,$@,)&,($%gub tyf a}+sdf /x]sf] clGtd df}Hbft !&,%),&#,)^* &,&(,^),()$

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 29: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

@&

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] Plss[t cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! ^$,#&,$*,!@% $$,((,$),@@!@= k'gaL{df sldzg cfo !#,#!,@$,#@@ !!,*!,)@,#**#= nufgL, shf{ tyf cGoaf6 cfo @ &,(^,*#,)@! #,*),&&,^(*$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf !@,)&,*^,#$( !@,@#,%@,@&*^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf @!,^!,(^,*%$ !^,#@,!$,)%&

������������hDdf cfo -s_ !,!(,#%,#*,^&! *(,!^,*^,^$!Joo

&= bfjL e'QmfgL -v'b_ # @^,)^,)%,)%! !*,((,*&,#@^*= clestf{ sldzg $,%&,&!,^^@ $,)&,@!,!$((= k'gaL{df sldzg vr{ $,)$,^#% %,*^,^$%!)= ;]jf z'Ns -v'b_ $ ^$,#&,$*! $$,((,$)@

!!= cGo k|ToIf vr{ @*,&!,$)@ !@,^%,%$@!@= Joj:yfkg vr{ % !#,*%,^),!#@ !!,)$,&(,&)%!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ !$,$!,&(,&(( !@,)&,*^,#$(!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf #@,!*,&$,)^@ @@,$(,&),!!)

������������hDdf Joo -v_ (@,)&,)$,@@$ ^(,#@,(^,@@&gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ @&,@*,#$,$$& !(,*#,(),$!$

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 30: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

@*

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] clUg aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! %,*!,!(,(!% %,^$,$),!$#@= k'gaL{df sldzg cfo ^,#),@),))) $,#%,#),$@##= nufgL, shf{ tyf cGoaf6 cfo @ !,#^,$^,@*@ &@,(),$()$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf !,#$,*$,*%% !,^*,!#,(!$^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf @,*@,@),)&! !,&#,&%,$!&

������������hDdf cfo -s_ !&,^$,(!,!@# !$,!$,%),#**Joo

&= bfjL e'QmfgL -v'b_ # !,$&,!&,*&) %#,)$,!%%*= clestf{ sldzg (&,)^,)%! (%,((,@#!(= k'gaL{df sldzg vr{ @,)#,&#^ #,!),&^@!)= ;]jf z'Ns -v'b_ $ %,*!,!(( %,^$,$)!!!= cGo k|ToIf vr{ – –!@= Joj:yfkg vr{ % @,%$,#$,^(& !,(^,(!,)&)!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ !,*),@!,)%# !,#$,*$,*%%!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf @,(),%(,(%& @,*@,@),)&!

������������hDdf Joo -v_ (,&&,@$,%^# &,&!,&$,%$^gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ &,*&,^^,%^) ^,$@,&%,*$@

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 31: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

@(

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] ;fd'lb|s aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! !,%%,$%,)%* @,@),#&,@((@= k'gaL{df sldzg cfo !,(^,#^,&$( !,*%,%!,@%$#= nufgL, shf{ tyf cGoaf6 cfo @ #%,!@,$)^ @%,%(,%)#$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf @^,$&,^)! $$,$$,##$^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf @@,$%,#(# &,)!,@)!

������������hDdf cfo -s_ $,#%,*&,@)* $,*@,(#,%(@Joo

&= bfjL e'QmfgL -v'b_ # @&,)#,((@ !*,(&,()#*= clestf{ sldzg !^,^),*%( !*,*&,*%@(= k'gaL{df sldzg vr{ !,#$,##& !,*(,%%@!)= ;]jf z'Ns -v'b_ $ !,%%,$%! @,@),#&#!!= cGo k|ToIf vr{ – –!@= Joj:yfkg vr{ % ^(,%),^@@ &$,)@,^$%!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ #&,)),*!) @^,$&,^)!!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf &&,&@,%@( !,!),!*,^%)

������������hDdf Joo -v_ @,#),&*,%(( @,%@,^$,%&&gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ @,)%,)*,^)( @,#),@(,)!%

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 32: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

#)

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] df]6/ aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! %!,*%,@#,(!# #!,^&,&%,)$%@= k'gaL{df sldzg cfo !,&!,%!,)@) !,!$,&&,)%%#= nufgL, shf{ tyf cGoaf6 cfo @ %,$&,!*,$@* @,@^,^(,&@($= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf (,)(,^),#@* (,!(,)),@@^^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf !%,*#,*&,%@# !@,((,)^,$)!

������������hDdf cfo -s_ *#,(&,$!,@!! %&,@&,@*,$%%Joo

&= bfjL e'QmfgL -v'b_ # @),$$,&*,))* !%,(*,%),!@&*= clestf{ sldzg @,^#,)$,%($ @,)#,@(,!^@(= k'gaL{df sldzg vr{ @!,@&) !*,$@@!)= ;]jf z'Ns -v'b_ $ %!,*%,@#( #!,^&,&%)!!= cGo k|ToIf vr{ – –!@= Joj:yfkg vr{ % ^,!$,@),#$% $,@%,!%,#*&!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ !),&(,@^,%)! (,)(,^),#@*!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf @%,(@,^!,(%& !%,*#,*&,%@#

������������hDdf Joo -v_ ^^,$%,(&,(!$ $&,%@,@*,^((gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ !&,%!,$#,@(* (,&$,((,&%&

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 33: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

#!

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] OlGhgLol/· aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! !,@#,#%,!$@ !(,$),!!%@= k'gaL{df sldzg cfo %*,*@,)$* ($,*$,@^(#= nufgL, shf{ tyf cGoaf6 cfo @ @),&%,#(# &,&$,(%!$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf %!,)@,^^) $),**,*%)^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf (,&),)%* %,&*,!^!

������������hDdf cfo -s_ @,^#,^%,#)! !,^*,^^,#$^Joo

&= bfjL e'QmfgL -v'b_ # !&,%%,%#* !^,@^,#)#*= clestf{ sldzg !%,)!,#*! !*,)^,#!#(= k'gaL{df sldzg vr{ !@,@$) !%,#))!)= ;]jf z'Ns -v'b_ $ !,@#,#%! !(,$)!!!= cGo k|ToIf vr{ – –!@= Joj:yfkg vr{ % $^,@(,@)$ #(,^),&%$!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ ^@,(),!@^ %!,)@,^^)!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf ^!,^&,%&! (,&),)%*

������������hDdf Joo -v_ @,)$,&(,$!! !,#%,)),&*(gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ %*,*%,*() ##,^%,%%*

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 34: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

#@

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] xjfO{ aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! &,#^,(%* !,)!,*),@@*@= k'gaL{df sldzg cfo #*,$*,##^ %%,%@,)))#= nufgL, shf{ tyf cGoaf6 cfo @ *,*%,^#^ !),!*,^^&$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf $$,)*( !),@@,)@)^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf %),(),!!$ @@,#^,(&&

������������hDdf cfo -s_ !,)^,)%,!## @,)),)(,*(@Joo

&= bfjL e'QmfgL -v'b_ # &,$(,@&& @#,&!,$&@*= clestf{ sldzg – –(= k'gaL{df sldzg vr{ – –!)= ;]jf z'Ns -v'b_ $ &,#&) !,)!,*)@!!= cGo k|ToIf vr{ – –!@= Joj:yfkg vr{ % @,)@,@#,$^( @,)@,!#,&)&!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ ^),@*^ $$,)*(!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf #,^*,$&( %),(),!!$

������������hDdf Joo -v_ @,!$,)*,**! @,&*,@!,!*$gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ -!,)*,)#,&$*_ -&*,!!,@(@_

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

lasf; h+uaxfb'/ /f0ff����

/fh]Gı k|;fb >]i7����

cfO{=lk= sdf{rfo{����

Page 35: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

##

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] kz'k+IfL tyf jfnL aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! *(,#$,!*& @@,%&,##&@= k'gaL{df sldzg cfo – –#= nufgL, shf{ tyf cGoaf6 cfo @ %,$),#$@ #,@@$$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf $,*#,(#* –^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf !!,@*,^^* –

������������hDdf cfo -s_ !,!),*&,!#% @@,^),%^!Joo

&= bfjL e'QmfgL -v'b_ # $@,%%,&%# &,@*,^*%*= clestf{ sldzg *,!*,!%@ $,)&,@#@(= k'gaL{df sldzg vr{ – –!)= ;]jf z'Ns -v'b_ $ *(,#$@ @@,%&#!!= cGo k|ToIf vr{ @*,&!,$)@ !@,^%,%$@!@= Joj:yfkg vr{ % @@,%(,($% #,&(,^@)!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ @),(@,@*@ $,*#,(#*!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf $$,^&,)(# !!,@*,^^*

������������hDdf Joo -v_ !,^*,%#,(^( $$,!^,@%*gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ -%&,^^,*#$_ -@!,%%,^(*_

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

/d]z s'df/ n'O“6]n����

uf}/j cu|jfn����

:sGb cdfTo����

;'/h /fhjfxs���������������

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#$

lzv/ OG:of]/]G; sDkgL lnld6]8cfly{s jif{ @)&!÷)&@ sf] ljljw aLdfsf] cfo–Joo lx;fa

qm=;+= ljj/0f cg';"rL o; jif{ ut jif{

cg';"rL ! b]lv ^ ;Dd o;sf cleGg c+u x'g\ .

cfo!= aLdfz'Ns -v'b_ ! @,(%,%@,(%@ $,)#,!),)%$@= k'gaL{df sldzg cfo @,#%,*^,!^( @,(%,)&,#*&#= nufgL, shf{ tyf cGoaf6 cfo @ $#,)$,%#$ #&,^!,!#$$= cGo k|ToIf cfo – –%= cfly{s jif{sf] z'?sf] e'QmfgL x'g af“sL bfjL jfkt Joj:yf *),^@,*&* $),*@,(##^= cfly{s jif{sf] z'?sf] c;dfKt hf]lvd jfkt Joj:yf @,)!,%%,)@& !,@$,!%,())

������������hDdf cfo -s_ *,%^,^!,%^) (,)),&&,$)*Joo

&= bfjL e'QmfgL -v'b_ # #,!(,$$,^!# !,*@,)*,^*!*= clestf{ sldzg %&,*),^@% ^^,(!,#%((= k'gaL{df sldzg vr{ ##,)%@ %@,^)&!)= ;]jf z'Ns -v'b_ $ @,(%,%#) $,)#,!)!!!= cGo k|ToIf vr{ – –!@= Joj:yfkg vr{ % !,&^,$!,*%) !,^#,!^,%@@!#= cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL bfjL jfkt Joj:yf ^ ^),**,&$@ *),^@,*&*!$= cfly{s jif{sf] cGTodf c;dfKt hf]lvd jfkt Joj:yf !,$&,&^,$&^ @,)!,%%,)@&

������������hDdf Joo -v_ &,^%,^),*** ^,(*,(),!&%gfkmf–gf]S;fg lx;fadf ;f/]sf] jrt÷-gf]S;fg_ ≠ -s_–-v_ (!,)),^&@ @,)!,*&,@##

lbk k|sfz kf08]�������� �������

sf7df8f}+&÷)(÷@)&@

l;=P=, la=s]= cu|jfnk|jGws ;fem]bf/

la=s]= cu|jfn P08 s+=rf6{8{ Psfp06]06;\

;+nUg k|ltj]bg cg';f/cf“ l5/L z]kf{����

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Page 37: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

#%

-s_ aLdfz'Ns -v'b_ cg';"rL– !

qm=;+= aLdfsf] lsl;ds'n aLdfz'Ns k'gaL{df z'Ns e'QmfgL (Ceded) aLdfz'Ns -v'b_

o; jif{ ut jif{ o; jif{ ut jif{ o; jif{ ut jif{

!= clUg aLdf @^,#!,!%,^@) !(,)@,!$,*$* @),$(,(%,&)% !#,#&,&$,&)% %,*!,!(,(!% %,^$,$),!$#

@= ;fd'lb|s aLdf &,&&,#(,#*& &,)#,*#,#^% ^,@!,($,#@( $,*#,$^,)^^ !,%%,$%,)%* @,@),#&,@((

#= df]6/ aLdf %(,@%,^%,&#^ $),**,*@,)!( &,$),$!,*@# (,@!,)^,(&$ %!,*%,@#,(!# #!,^&,&%,)$%

$= OlGhgLol/¨ aLdf $,%@,&^,!)$ #,*!,@#,%(! #,@(,$),(^@ #,^!,*#,$&^ !,@#,#%,!$@ !(,$),!!%

% xjfO{ aLdf !*,^),^!,&!( !*,$^,%),^)@ !*,%#,@$,&^! !&,$$,&),#&$ &,#^,(%* !,)!,*),@@*

^= kz'k+IfL tyf afnL aLdf @,!&,(!,((& #(,(!,$$^ !,@*,%&,*!) !&,#$,!)( *(,#$,!*& @@,%&,##&

&= ljljw aLdf !^,*^,$!,$)( !%,%(,*$,$*% !#,(),**,$%& !!,%^,&$,$#! @,(%,%@,(%@ $,)#,!),)%$

hDdf !,#%,%!,(!,(&@ !,)%,@@,#),#%^ &!,!$,$#,*$& ^),@@,(),!#% ^$,#&,$*,!@% $$,((,$),@@!

-v_ s'n aLdfz'Ns

qm=;+= aLdfsf] lsl;dk|ToIf aLdfz'Ns k|fKt k'gaL{df z'Ns (Accepted) s'n aLdfz'Ns -v'b_

o; jif{ ut jif{ o; jif{ ut jif{ o; jif{ ut jif{

!= clUg aLdf @$,#&,!@,%%# !*,($,&%,%** !,($,)#,)^^ &,#(,@^) @^,#!,!%,^@) !(,)@,!$,*$*

@= ;fd'lb|s aLdf ^,%^,)*,%&# ^,(%,!),$@( !,@!,#),*!$ *,&@,(#^ &,&&,#(,#*& &,)#,*#,#^%

#= df]6/ aLdf %(,!#,*(,#() $),*&,)#,*@$ !!,&^,#$^ !,&*,!(% %(,@%,^%,&#^ $),**,*@,)!(

$= OlGhgLol/¨ aLdf $,$),(!,#() #,&(,*&,$** !!,*$,&!$ !,#^,!)# $,%@,&^,!)$ #,*!,@#,%(!

% xjfO{ aLdf !*,^),^!,&!( !*,$^,%),^)@ – – !*,^),^!,&!( !*,$^,%),^)@

^= kz'k+IfL tyf afnL aLdf @,!^,!),@(% #(,(!,$$^ !,*!,&)@ – @,!&,(!,((& #(,(!,$$^

&= ljljw aLdf !^,*),(),&)# !%,%&,$!,$(@ %,%),&)^ @,$@,((# !^,*^,$!,$)( !%,%(,*$,$*%

hDdf !,#@,)%,^$,^@# !,)%,)),^),*^( #,$^,@&,#$( @!,^(,$*& !,#%,%!,(!,(&@ !,)%,@@,#),#%^

Page 38: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

#^

nufgL, shf{ tyf cGoaf6 cfosf] af“8kmf“8

qm=;+= ljj/0f o; jif{ ut jif{

!= gfkmf–gf]S;fg lx;fadf ;f/]sf] %,&!,(&,#%* @,!(,@$,@&(@= clUg aLdfsf] cfo–Joo lx;fadf ;f/]sf] !,#^,$^,@*@ &@,(),$()#= ;fd'lb|s aLdfsf] cfo–Joo lx;fadf ;f/]sf] #%,!@,$)^ @%,%(,%)#$= df]6/ aLdfsf] cfo–Joo lx;fadf ;f/]sf] %,$&,!*,$@* @,@^,^(,&@(%= OlGhgLol/¨ aLdfsf] cfo–Joo lx;fadf ;f/]sf] @),&%,#(# &,&$,(%!^= xjfO{ aLdfsf] cfo–Joo lx;fadf ;f/]sf] *,*%,^#^ !),!*,^^&&= kz'k+IfL tyf afnL aLdfsf] cfo–Joo lx;fadf ;f/]sf] %,$),#$@ #,@@$*= ljljw aLdfsf] cfo–Joo lx;fadf ;f/]sf] $#,)$,%#$ #&,^!,!#$

hDdf !#,^*,*),#&( ^,)),)!,(&*

nufgL, shf{ tyf cGoaf6 cfo cg';"rL– @

qm=;+= ljj/0f o; jif{ ut jif{

!= ;/sf/L / ;/sf/sf] hdfgt k|fKt ;]So'l/l6af6 cfo @&,&$,#!( #^,^@,%!*@= jfl0fHo a}+ssf] d'2tL lgIf]kaf6 cfo @,*^,)^,)&& @,$&,$),*(*#= ljsf; a}+ssf] d'2tL lgIf]kaf6 cfo %@,^*,^^) $$,^),()*$= gful/s nufgL of]hgfaf6 cfo – –%= ljQLo ;+:yfsf] d'2tL lgIf]kaf6 cfo (,)!,(&( !@,%^,#$$^= klAns sDkgLsf] ;fwf/0f z]o/af6 nfef+z &,%*,%$,@*% !,%!,@&@&= cu|flwsf/ z]o/af6 nfef+z – –*= a}+s tyf ljQLo ;+:yfsf] l8a]Gr/af6 cfo %),)&,^## $#,%*,#@*(= 3/ ef8faf6 cfo !,#&,&%,#)# !,@*,^%,#%(!)= shf{af6 cfo – –!!= cGo lgIf]kaf6 -d'2tL afx]s_ cfo !*,@^,%^* !@,$),^)!!@= nufgL laqmLdf gfkmf Go"gM nufgL laqmLdf gf]S;fg @!,^^,()* @(,*%,!!#!#= nufgL -vl/b_ df gfkmf Go"gM l:y/ ;DklQ laqmLaf6 gf]S;fg – –!$= l:y/ ;DklQ laqmLaf6 gfkmf Go"gM l:y/ ;DklQ laqmLaf6 gf]S;fg – (,*!,*$(!%= vftf ckn]vg – –!^= cl3Nnf jif{;+u ;DalGwt cfo !,&*,))) !^,@*,*#&!&= cGo cfo %,@),^$& !^,^(,(%)

��� hDdf !#,^*,*),#&( ^,)),)!,(&*

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#*

Joj:yfkg vr{ cg';"rL– %

qm=;+= ljj/0f o; jif{ ut jif{

!= sd{rf/L vr{ -cg';"rL %=! adf]lhd_ *,#^,*(,)!! ^,#*,@!,(^%@= 3/ ef8f $@,($,((% #!,^#,&)^#= lah'nL tyf kfgL @^,&),%$! #),*@,^$$$= dd{t tyf ;Def/

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@$= Aofh @*,^),((! !@,)),%%)@%= a}+s rfh{ @,%!,((^ !,%!,*#&@^= z'Ns tyf b:t'/ !$,@^,!(% (,!*,((%@&= ¥xf; s§L !,%(,@),(@^ !,^@,)&,)$%@*= x'nfs l6s6 @,*),^$% @,(&,&%$@(= cGo

-s_ z'Ns, b:t'/ tyf gjLs/0f @,^%,*)% #,)#,)$)-v_ k"hf vr{ @,&@,*)@ @,(),(%*-u_ Joj:yfkg ;]jf z'Ns – –-3_ ljljw #(,@*( !,)%,)*&-ª_ sDKo"6/ ;6j]o/ ;kf]6{ ;le{; vr{ #$,*),)*) @),^&,@^)-r_ ljlgdo gf]S;fg *,@%,!*$ –-5_ ;+:yfut ;fdflhs pQ/bfloTj vr{ !(,@),))) –af“8kmf“8sf nflu hDdf !%,#(,%%,&)@ !@,@&,%%,@@*

Page 41: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

#(

sd{rf/L vr{ cg';"rL– %=!

qm=;+= ljj/0f o; jif{ ut jif{

!= tna $,@#,(),!!) #,@&,&!,@$*@= eQf @,@&,$*,&@! !,$%,^^,&**#= bz}+ vr{ $$,*&,&#! #%,!!,@*$$= ;~rosf]ifdf yk @^,#),@@@ @#,($,$%(%= tflnd vr{ !@,*#,$&( !*,!),)(^^= kf]zfs !!,**,%(( &,*&,*%&&= cf}ifwf]krf/ – –*= aLdf – –(= k]G;g tyf pkbfg vr{ tyf Joj:yf !^,$),()% @^,(#,@%!!)= ljbf afktsf] vr{ tyf Joj:yf $%,(&,%!& #^,$(,#@)!!= cGo ;'ljwf jfkt vr{ tyf Joj:yf -ljj/0f v'nfpg]_ – –!@= cGo – –

sd{rf/L sNof0fsf/L vr{ @&,@!,&@* !^,#&,^^!

��hDdf *,#^,*(,)!! ^,#*,@!,(^%

af“8kmf“8sf] nflu hDdf

qm=;+= ljj/0f o; jif{ ut jif{

!= gfkmf–gf]S;fg lx;fadf ;f/]sf] !,%#,(%,%&) !,@@,&%,%@#aLdfsf] cfo–Joo lx;fadf ;f/]sf]

@= clUg aLdfsf] cfo–Joo lx;fadf ;f/]sf] @,%$,#$,^(& !,(^,(!,)&)#= ;fd'lb|s aLdfsf] cfo–Joo lx;fadf ;f/]sf] ^(,%),^@@ &$,)@,^$%$= df]6/ aLdfsf] cfo–Joo lx;fadf ;f/]sf] ^,!$,@),#$% $,@%,!%,#*&%= OlGhgLol/¨ aLdfsf] cfo–Joo lx;fadf ;f/]sf] $^,@(,@)$ #(,^),&%$^= xjfO{ aLdfsf] cfo–Joo lx;fadf ;f/]sf] @,)@,@#,$^( @,)@,!#,&)&&= kz'k+IfL tyf afnLsf] cfo–Joo lx;fadf ;f/]sf] @@,%(,($% #,&(,^@)*= ljljw aLdfsf] cfo–Joo lx;fadf ;f/]sf] !,&^,$!,*%) !,^#,!^,%@@

hDdf !%,#(,%%,&)@ !@,@&,%%,@@*

Page 42: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$)

qm=;+=

aLdfsf] ls

l;d

cfly

{s j

if{sf] cGTod

f e'Qmfg

L x'g

af“s

L bfjL

afkt

Joj:

yfcg';

"rL–

^

rfn' c

f=j=df k/]sf]

e'Qmfg

L x'g

af“sL b

fjL

Ps c

f=j= c

l3k/]sf] e

'QmfgL x'g

af“sL b

fjL

b'O{ c

f=j= c

l3k/]sf] e

'QmfgL x'g

af“sL b

fjL

tLg cf=j= j

f ;f] e

Gbf

cl3 k

/]sf] e'Q

mfgL

x'g a

f“sL bfjL

;[hgf e

Psf] t/

hfgs

f/Ldf gcfPsf] bfjL

-cg'd

flgt_

e'Qmfg

L x'g

af“sL

hDdf b

fjL

e'Qmfg

L x'g

af“sL

hDdf b

fjLdf

k'gaL{dfsf] lx

:;f

e'Qmfg

L x'g

af“sL

bfjL a

fkt

Joj:yf

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aLd

f!,!!

,*#,)*

,(()

%,)^

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Page 43: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$!

Joj:yf lkmtf{

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– *

!= nufgLdf gf]S;fgLsf] nflu Joj:yf lkmtf{ – –@= shf{df gf]S;fgLsf] nflu Joj:yf lkmtf{ – –#= z+sf:kb cf;fdL Joj:yf lkmtf{ – –$= cGo Joj:yf lkmtf{ – !,$*,)%!

hDdf – !,$*,)%!

ckn]vg vr{x¿

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– (

!= k|f/lDes vr{x¿ – –

@= k"j{ ;+rfng vr{x¿ – –

#= k/ ;fl/Psf vr{x¿ – –

$= ckn]vg ul/Psf] nufgL – –

%= ckn]vg ul/Psf] shf{ – –

^= ckn]vg ul/Psf] cf;fdL – –

&= cGo ckn]vg

*= l:y/ ;DklQ ckn]vg – –(= art C0fkqsf] nufgLsf] lk|ldoddf ul/Psf] e'QmfgL $,#&,)&* %,%),$^@

��hDdf $,#&,)&* %,%),$^@

cfo–Joo lx;fax¿af6 gfkmf–gf]S;fg lx;fadf ;f/]sf] /sd

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– &

!= clUg aLdfsf] cfo–Joo lx;faaf6 ;f/]sf] &,*&,^^,%^) ^,$@,&%,*$@

@= ;fd'lb|s aLdfsf] cfo–Joo lx;faaf6 ;f/]sf] @,)%,)*,^)( @,#),@(,)!%

#= df]6/ aLdfsf] cfo–Joo lx;faaf6 ;f/]sf] !&,%!,$#,@(* (,&$,((,&%&

$= OlGhgLol/¨ aLdfsf] cfo–Joo lx;faaf6 ;f/]sf] %*,*%,*() ##,^%,%%*

%= xjfO{ aLdfsf] cfo–Joo lx;faaf6 ;f/]sf] -!,)*,)#,&$*_ -&*,!!,@(@_

^= kz'k+IfL tyf afnL aLdfsf] cfo–Joo lx;fadf ;f/]sf] -%&,^^,*##_ -@!,%%,^(*_

&= ljljw aLdfsf] cfo–Joo lx;faaf6 ;f/]sf] (!,)),^&@ @,)!,*&,@##

hDdf @&,@*,#$,$$^ !(,*#,(),$!$

Page 44: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$@

gf]S;fgLsf] nflu Joj:yf

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !!

!= nufgLdf gf]S;fgLsf] nflu Joj:yf !),!!,^$* !,@(,()%

@= shf{df gf]S;fgLsf] nflu Joj:yf – –

#= z+sf:kb cf;fdL Joj:yf – –

$= cGo Joj:yf @,&!# *,$(,@)@

hDdf !),!$,#^! (,&(,!)&

cGo vr{x¿

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !)

!= b08 hl/jfgf – –

@= ljnDa z'Ns hl/jfgf – –

#= cGo – –

hDdf – –

z]o/ ;DaGwL vr{

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– ( …sÚ

!= z]o/ lgisfzg vr{ – #,%@,&(%

@= z]o/ /lhi6«]zg vr{ #,$),#*@ –

#= z]o/ ;"rLs/0f vr{ @,!%,$)* –

$= nfef+z ljt/0f vr{ – –

%= z]o/ ;DaGwL cGo vr{ @*,!^,^&& –

hDdf ##,&@,$^& #,%@,&(%

aLdfsf]if cg';"rL– !@

qm=;+= aLdfsf] lsl;djif{sf] z'¿df aLdfsf]if gfkmf–gf]S;fg lx;faaf6 ;f/]sf] jif{sf] cGTodf aLdfsf]if

o; jif{ ut jif{ o; jif{ ut jif{ o; jif{ ut jif{

!= clUg aLdf %,$*,%),$^) #,$*,#!,&*@ @,(^,%@,!)$ @,)),!*,^&& *,$%,)@,%^% %,$*,%),$^)

@= ;fd'lb|s aLdf !,((,!&,&$& !,@&,$%,#&@ &&,@),%&( &!,&@,#&% @,&^,#*,#@^ !,((,!&,&$&

#= df]6/ aLdf (,@%,^),)@* ^,@!,(#,&&( ^,%(,##,^%& #,)#,^^,@$( !%,*$,(#,^*% (,@%,^),)@*

$= OlGhgLol/¨ aLdf $(,%*,*(@ #(,!),^(! @@,!%,&&% !),$*,@)! &!,&$,^^& $(,%*,*(@

% xjfO{ aLdf – – – – – –

^= kz'k+IfL tyf afnL aLdf – – – – – –

&= ljljw aLdf @,$&,$%,$%@ !,*$,%*,!$( #$,@%,((* ^@,*&,#)# @,*!,&!,$%) @,$&,$%,$%@

hDdf !(,&),#@,%&( !#,@!,#(,&&@ !),*(,$*,!!$ ^,$*,(@,*)^ #),%(,*),^(# !(,&),#@,%&(

Page 45: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$#

-v_ z]o/sf] :jfldTjsf] ;+/rgf

o; jif{ ut jif{

;fwf/0fz]o/ ;+Vof

:jfldTjsf] ∞;fwf/0f

z]o/ ;+Vof:jfldTjsf] ∞

z]o/wgL

;+:y

fks

g]kfnL ;+ul7t ;+:yfx¿ $,&@,!%@ !#=@) #,(#,)%( !#=@)

g]kfnL gful/s @#,*(,#&^ ^^=*) !(,*(,!!& ^^=*)

ljb]zL

hDdf @*,^!,%@* *)=)) @#,*@,!&^ *)=))

;j{;fwf/0f &,!%,#*@ @)=)) %,(%,%$$ @)=))

s'n #%,&^,(!) !))=)) @(,&&,&@) !))=))

-s_ z]o/sf] k"“hL

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !#

!= clws[t k"“hL

-s_ ¿= !)) b/sf] ^),)),))) yfg ;fwf/0f z]o/ ^),)),)),))) ^),)),)),)))

@= hf/L k"“hL

-s_ ¿= !)) b/sf] #%,&^,(!) yfg ;fwf/0f z]o/ #%,&^,(!,))) @(,&&,&@,)))

#= r'Qmf k"“hL

-s_ ¿= !)) b/sf] #%,&^,(!) yfg ;fwf/0f z]o/ #%,&^,(!,))) @(,&&,&@,)))

��hDdf #%,&^,(!,))) @(,&&,&@,)))

Page 46: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$$

hu]8f tyf sf]if

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !$

!= :yug s/ hu]8f &%,%&,@*) %*,#$,^%@@= aLdf hu]8f – –#= k"“hLut hu]8f – –$= ljz]if hu]8f – –%= cGo hu]8f

-s_ ;fwf/0f hu]8f (%,$),@*@ (%,$),@*@-v_ c;'n x'g af“sL aLdfz'Ns afkt hu]8f – –

^= z]o/ lk|ldod – &#,%),%()&= k|:tfljt af]gz z]o/ !),@!,(&,$%) %,(%,%$,$))*= k"“hLs[t x'g af“sL af]gz z]o/ – –(= gfkmf–gf]S;fg lx;faaf6 ;f/]sf] gfkmf %!,!@,%#! !(,^&,&(%

��hDdf !@,$$,)&,%$# *,$@,$&,&!(

-u_ Ps k|ltzt jf a9L z]o/ :jfldTj ePsf z]o/wgLx¿sf] ljj/0f

o; jif{ ut jif{

/sd:jfldTjsf] ∞ /sd:jfldTjsf] ∞z]o/wgLqm=;+=

;d"x …sÚ!= ljsf; h+u axfb'/ /f0ff (=@) #,@(,)&,%)) (=@) @,&#,(%,)))@= a'4 Po/ k|f= ln= (=@) #,@(,)&,%)) (=@) @,&#,(%,)))#= cf“ l5/L z]kf{ (=@) #,@(,)&,%)) (=@) @,&#,(%,)))$= uf}/a cu|jfn !$=*# %,#),$#,&)) (=@) @,&#,(%,)))%= s}nfz k|;fb l;/f]lxof $=^$ !,^%,(^,*)) $=^$ !,#*,!^,^))^= ljgf]b /fh 1jfnL – – $=^$ !,#*,!^,^))&= kljq s'df/ sfsL{ !=(@ ^*,^&,^)) !=(@ %&,!&,@))*= cf¨ 8]G8L z]kf{ !=@) $@,(@,#)) !=@) #%,&#,#))(= z]v/ a:Goft !=@) $@,(@,#)) !=@) #%,&#,#))!)= bfjf hfª\a' z]kf{ !=@) $@,(@,#)) !=@) #%,&#,#))

;d"x …vÚ!!= /fh]Gb| k|;fb >]i7 $=)) !,$#,)&,&)) $=)) !,!(,!),())!@= nf]d; OGe]i6d]G6 k|f= ln= $=)) !,$#,)&,&)) $=)) !,!(,!),())!#= ;+lrtf :jf/ kf08] $=)) !,$#,)&,&)) $=)) !,!(,!),())!$= cld/ k|tfa h=a= /f0ff !=)! #^,)#,&)) @=$) &!,$^,%))!%= lht]Gb| jfx]tL @=$) *%,*$,%)) @=$) &!,$^,%))!^= ls/0f k|sfz kf08] @=)) &!,%#,*)) @=)) %(,%%,$))!&= kjg s'df/ cu|jfn @=)) &!,%#,*)) @=)) %(,%%,$))

;d"x …uÚ!*= /Ltf kf08] – – !=#! @@,(@,*))!(= d}of a'9fyf]sL !=)! #^,)$,*)) !=%) @^,!*,)))

hDdf @^,!!,#!,@)) @@,)$,(&,^))

Page 47: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$%

ltg{ af“sL bL3{sfnLg C0f tyf ;fk6L

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !^

!= l8a]Gr/ ÷ a08 – –

@= a}+s – –

#= ljQLo ;+:yf – –

$= cGo -ljj/0f v'nfpg]_ – –

hDdf – –

dxf–ljklQ hu]8f

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !%

!= gfkmf–gf]S;fg lx;faaf6 ;f/]sf] gfkmf !,!),*),*%^ &#,##,!@*

hDdf !,!),*),*%^ &#,##,!@*

Page 48: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$^

ljj/

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Page 49: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$&

nufgL

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !*

-s_ bL3{sflng nufgL

!= ;/sf/L / ;/sf/sf] hdfgt k|fKt ;]So'l/6L $,#),)),))) $,#),)),)))

@= jfl0fHo a}+ssf] d'2tL lgIf]k @%,)),))) !,%),)),)))

#= ljsf; a}+ssf] d'2tL lgIf]k %),)),))) %),)),)))

$= gful/s nufgL of]hgf – –

%= ljQLo ;+:yfsf] d'2tL lgIf]k – –

^= klAns sDkgLsf] ;fwf/0f z]o/ -cg';"rL !*=! adf]lhd_ $,&(,@&,##@ !,^),$$,)#@

&= a}+s tyf ljQLo ;+:yfsf] cu|flwsf/ z]o/÷l8a]Gr/ $,@^,&%,))) %,@^,&%,)))

*= cGo

s= cfsl:ds aLdfsf]if !!,@(,!!,&^% #%,&!,$@(

v= gful/s nufgL sf]if -pkbfg sf]if_ ($,!%,*(% %$,(@,@^^

u= Do"rn km08 !&,#*,()) –

���hDdf @^,%!,^*,*(@ !$,)&,*@,&@&

-v_ cNksflng nufgL

!= ;/sf/L / ;/sf/sf] hdfgt k|fKt ;]So'l/6L – *@,%),)))

@= jfl0fHo a}+ssf] d'2tL lgIf]k %!,@!,)),))) #&,*^,)),)))

#= ljsf; a}+ssf] d'2tL lgIf]k ^,)^,)),))) %,&!,)),)))

$= gful/s nufgL of]hgf – –

%= ljQLo ;+:yfsf] d'2tL lgIf]k !,!%,)),))) !,!%,)),)))

^= a}+s tyf ljQLo ;+:yfsf] cu|flwsf/ z]o/÷l8a]Gr/ !,%),)),))) %),)),)))

&= jfl0fHo a}+ssf] Jofh k|fKt x'g] cGo lgIf]k – –

*= ljsf; a}+ssf] Jofh k|fKt x'g] cGo lgIf]k – –

(= ljQLo ;+:yfsf] Jofh k|fKt x'g] cGo lgIf]k – –

!)= cGo Jofh k|fKt x'g] cGo lgIf]k – –

hDdf %(,(@,)),))) $^,)$,%),)))

s'n hDdf *^,$#,^*,*(@ ^),!@,#@,&@&

Page 50: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$*

gub tyf a}+s df}Hbft

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– !(

!= gub df}Hbft @,)*,($( @,$@,&#$hDdf @,)*,($( @,$@,&#$

@= a}+s df}Hbft-s_ jfl0fHo a}+sx¿sf] df}Hbft &,(&,##,$!% $,$&,(@,$&%-v_ ljsf; a}+sx¿sf] df}Hbft %,&(,&*,&$* !,^#,*@,*^&-u_ ljQLo ;+:yfx¿sf] df}Hbft %(,#*,!*$ $*,)*,($$-3_ cGo

r]s df}Hbft #,)^,!$,*@$ !,!!,*),%#@c;lkm{ %,(*,($* %,%#,#%#hDdf !&,$*,^$,!!( &,&&,!*,!&)s'n !&,%),&#,)^* &,&(,^),()$

z]o/df nufgL

qm=;+= ljj/0f ahf/ d"No

cg';"rL– !*=!

v'b /sd c+lst d"No k/n d"No

!= s[lt Soflk6n P08 OGe]i6d]06 ln= sf] !%,))) yfg z]o/ !%,)),))) !%,)),))) !%,)),))) !%,)),)))@= a'6jn kfj/ sDkgL ln= @!,)#,$%) #,@!,%)) @!,@!,%&( !(,*#,^%%#= km]jf kmfOgfG; sDkgL ln= #,&),$$) !,@!,$)) #,&#,*$( @,&),*!!$= lxdfnog a}+s lnld6]8 – @,@)) – !&,**^%= df5fk'R5«] a}+s lnld6]8 !^,@!,^@^ @,(&,%)) !^,#%,($) !^,&*,)*)^= gljn a}+s lnld6]8sf] k|f]df]6/ z]o/ !,$!,*%,#@) !!,)&,#)) !,$@,($,^$% !,$^,^),^%@&= g]kfn a}+s lnld6]8 $,&*,%)) !,%),))) $,*@,*** $,%&,%))*= Pg cfO{ l; Plzof a}+s lnld6]8 !*,%(,!*! @,&&,%)) !*,&^,%#* !&,!@,!&%(= PgPdla a}+s lnld6]8 &,%&,*$^ !,*@,!)) &,^$,*)% (,@#,@$&!)= lgw{g pTyfg a}+s lnld6]8 – %$,^)) – &,^$,($^!!= k|fOd sdl;{on a}+s lnld6]8 @,(^,!$^ ^#,$)) @,(%,$@) @,**,$&)!@= l;4fy{ a}+s lnld6]8 !!,%%,)(% !,^%,!)) !!,^%,&#) !!,!(,#$$!#= l;4fy{ OGe]i6d]G6 u|f]y l:sd ! !!,!),))) &%,)),))) !!,!&,($@ !!,!),)))!$= l;len a}+s lnld6]8 !,*!,(*( ^%,&)) !,*#,^%( !,&&,#()!%= ;]Gr'/L sdl;{on a}+s lnld6]8 @,)@,*^* ^$,*)) @,)$,*** @,)^,&!@!^= Pe/]i6 a}+s lnld6]8 @!,^%,@)) ((,^)) @!,*$,#(* @!,!!,%@)!&= ul/df ljsf; a}+s lnld6]8 $,$^,)** !,$(,*)) $,%),*)! $,%^,*()!*= Unf]an cfOPdO{ a}+s lnld6]8 #,$$,^$^ *%,^)) #,$&,($# $,!),)@$!(= n'lDagL a}+s lnld6]8 %,!%,%)) !,%),))) %,@),@@& %,!#,)))@)= PgPdla ;'ne OGe]i6d]G6 km08 ! &,%^,()) &%,^(,))) &,%^,()) &,%^,())@!= ;f+lu|nf 8]enkd]G6 a}+s lnld6]8 !,@(,#%) #(,*)) !,#),^@) !,@$,(&@@@= ;flgdf a}+s lnld6]8 @,($,$)) $*,()) @,(&,!)$ @,&!,#(%@#= g]kfn P;lacfO{ a}+s lnld6]8 $,@&,#)$ $@,%)) $,#!,@@$ #,&^,(&%@$= ;]jf ljsf; a}+s lnld6]8 !),!^,)@^ #,^$,^)) !),%$,(*@ (,(%,#%*@%= ;g/fOh a}+s lnld6]8 (,&),&(# @,%@,&)) (,&*,((! !),#^,)&)@^= g]kfn OGe]i6d]G6 a}+s lnld6]8 k|f]df]6/ z]o/ !,$$,)@,%)) @&,!!,))) !,$$,&#,@^^ !,$),(&,@))@&= s[lif ljsf; a}+s lnld6]8 **,%$$ !(,#)) **,%$$ *#,#&^@*= ?/n dfOqmf] kmfOgfG; 8]enkd]G6 ;]G6/ ln= !,*%,&*@ @#,$)) !,*%,&*@ !$,(),%*$@(= lqj]0fL ljsf; a}+s lnld6]8 *,^^& #,%)) *,^^& (,#!)

hDdf $,&%,&$,!^! @,#$,#@,*)) $,&(,@&,##@ $,(^,)$,$$@

Page 51: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

$(

cGo shf{

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– @)

-s_ bL3{sfnLg!= clestf{nfO{ shf{ –���� –�����@= sd{rf/LnfO{ shf{ –���� –�����#= cGo –���� –��������hDdf –���� –�����

-v_ cNksfnLg!= clestf{nfO{ shf{ –���� –�����@= sd{rf/LnfO{ shf{ –���� –�����#= cGo –���� –��������hDdf –���� –�����

cGo ;DklQ

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– @!

!= nufgLaf6 k|fKt x'g af“sL cfo #@,((,^^* &,*!,$*@@= shf{af6 k|fKt x'g af“sL Aofh – –#= cGo aLdsaf6 k|fKt x'g af“sL @,((,)(,))^ !#,&^,&$,@@$$= k'gaL{dsaf6 k|fKt x'g af“sL @*,!^,!&,*#* @!,!*,(&,%#%%= ljljw cf;fdL *%,##,^!@ !,$#,^!,*&&^= clu|d e'QmfgL @&,%@,$&( !#,&&,)%@&= sd{rf/L k]ZsL *%,^%,*&) $%,^&,&@!*= cGo k]ZsL #%,)&,$&* @%,!!,)!&(= w/f}6L !,&),(^,#)) !,#!,$(,*$*!)= c;'n x'g af“sL aLdfz'Ns

Go"gM c;'n x'g af“sL aLdfz'Ns d'NtaL (Suspense) – –!!= cGo ljj/0f

s_ clu|d bfjL e'QmfgL !%,!!,$(,^)( !,%&,#&,%&(v_ cGo ;DklQ – –u_ dflh{g dgL &,%^,^(& &,)!,*(&3_ clu|d cfos/ *,^$,^),^(# %,^!,^%,@%@ª_ :yug s/ ;DklQ &%,%&,@*) %*,#$,^%!r_ c;'n x'g af“sL ef8f &%,^*,*^! &#,&^,^@!5_ nufgLsf] nflu clu|d e'QmfgL %,)),))) $!,)),)))h_ k|fKt x'g'kg]{ aLdf bfjL !*,%!,$** –

hDdf ^!,!!,@^,*&* $&,^@,#^,&%%

Page 52: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

%)

rfn' bfloTj

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– @@

!= clestf{nfO{ lbg af“sL $@,$),*%$ ^(,&%,*%!@= cGo aLdsnfO{ lbg af“sL #(,@&,#(& !&,^^,**,^%)#= k'gaL{dsnfO{ lbg af“sL ^,(),#@,@@& *,&%,**,!^%$= cNksflng ;fk6L %,*#,@*,$!) –%= aLdfz'Ns w/f}6L #$,%@,()( %^,$&,$#!^= k"0f{ ljj/0f gv'n]sf] aLdfz'Ns – –&= ljljw ;fx" @&,)@,$(,%%& !,*(,!@,^$)*= ;xfos÷xf]lN8¨ sDkgLnfO{ lbg af“sL – –(= ;|f]tdf s§f ul/Psf] s/ ltg{ af“sL %(,@(,@@@ ^^,*&,#!)!)= d"No clej[l4 s/ ltg{ af“sL @,!!,^#,)%( !,#),!!,($)!!= cfos/ ltg{ af“sL – –!@= ;]jf z'Ns ltg{ af“sL !,@!,@(,@)! (@,$%,!%$!#= sd{rf/LnfO{ lbg af“sL – –!$= ;+rfnsnfO{ lbg af“sL – –!%= e'QmfgL lbg af“sL nfef+z -l8le8]08_ *,$*,@!! *,$*,@!!!^= e'QmfgL lbg af“sL af]g; @@,!%,%@# $&,$),@&&!&= cGo –

-s_ uf8L ;'ljwf afkt w/f}6L @),^$,((( !%,%^,*#&-v_ lkmtf{ ug'{kg]{ z]o/ dfu /sd @,)(,))) @,)(,)))

hDdf $%,#&,(),%^* ##,@!,!!,$^^

c;dfKt hf]lvd jfkt Joj:yf

qm=;+= ljj/0f o; jif{ ut jif{

cg';"rL– @#

!= clUg aLdfsf] c;dfKt hf]lvd hu]8f @,(),%(,(%& @,*@,@),)&!

@= ;fd'lb|s aLdfsf] c;dfKt hf]lvd hu]8f

rfn' cf=j=sf] &&,&@,%@( !,!),!*,^%)

Ps cf=j= cl3sf] !,!),!*,^%) %!,*!,^(&

b'O{ cf=j= cl3sf] %!,*!,^(& @@,$%,#(#

hDdf @,#(,&@,*&^ !,*$,$%,&$)

#= df]6/ aLdfsf] c;dfKt hf]lvd hu]8f @%,(@,^!,(%& !%,*#,*&,%@#

$= OlGhgLol/¨ aLdfsf] c;dfKt hf]lvd hu]8f ^!,^&,%&! (,&),)%*

%= xjfO{ aLdfsf] c;dfKt hf]lvd hu]8f #,^*,$&( %),(),!!$

^= kz'k+IfL tyf afnL aLdfsf] c;dfKt hf]lvd hu]8f $$,^&,)(# !!,@*,^^*

&= ljljw aLdfsf] c;dfKt hf]lvd hu]8f !,$&,&^,$&^ @,)!,%%,)@&��s'n ##,*),&$,$)( @#,@#,(&,@)!

Page 53: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

%!

ckn

]vg÷

;df

of]hg

x'g a

f“sL ljljw v

r{x¿

qm=;+=

ljj/

0fo;

jif{

ut j

if{

cg';

"rL–

@$

!=ckn

]vg

ug{ a

f“sL k|f/lDe

s v

r{

–���

–���

@=ckn

]vg

ug{ a

f“sL k"j

{ ;+rfn

g vr{

–���

–���

#=ckn

]vg

ug{ a

f“sL :y

ug u

l/Ps

f vr{

–���

–���

$=

cGo

ckn

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ug{ a

f“sL ar

t C0fkq

sf] lk|ld

od^,*^,^(

(!@

,@#,*&*

��hDd

f^,*^

,^((

!@,@#,*&

*

ljj/

0f

cGo

Joj

:yf

cg';

"rL–

@#…sÚ

rfn' c

f=j=df yk

ul/P

sf]

rfn' c

f=j= d

flkmtf{

jif{sf] cGtdf s

fod

/x]sf] Joj

:yf

o; j

if{ut

jif{

ut j

if{o;

jif{

ut j

if{o;

jif{

ut j

if{o;

jif{;

Ddsf]ut

jif{;Ddsf]

rfn' c

f=j= d

f ckn

]vg

o; j

if{

jif{sf] z'?

df Joj

:yf

qm=;+=

!=nf

ef+z -l

8le8

]08_ sf] n

flu Joj

:yf

#!,#$

,$$@

!*,$

@,!)

%%#

,&*,

*!#

#!,#$

,$$@

#!,#$

,$$@

!*,$

@,!)

%–

–%#

,&*,

*!#

#!,#$

,$$@

@=cf

os/

Joj:

yf%,&&

,^$,

@%&

#,(&,*!

,#%!

^,#&

,%!,#

$#%,&&

,^$,

@%&

%,&&,̂

$,@%

&#,(

&,*!,#

%!–

–,̂#&

,%!,#$

#%,&

&,̂$,@%

&

#=nu

fgLd

f gf]S;

fgLs

f] nflu

Joj

:yf

!,@(,()

%–

!),!!

,^$*

!,@(,()

%–

––

–!!

,$!,%

%#!,@

(,()

%

$=shf

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f]S;fg

Lsf] n

flu Joj

:yf

––

––

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%=z+sf:k

b cf

;fdL

sf] n

flu Joj

:yf

@!,!%

,*(*

@!,!%

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––

––

@!,!%

,*(*

@!,!%

,*(*

^=cG

o gf

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Lsf] n

flu Joj

:yf

!,)&,*!

,(**

!,)),*)

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@,&!

#*,

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–!,$

*,)%

!!,)

&,*$

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!,)&,*!

,(**

&=sd{r

f/L ;

DaGw

L Joj

:yf

s= k]G

;g t

yf p

kbfg

Joj

:yf

*&,#*

,!(!

^%,#^

,%&(

!),#^

,^)!

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!@–

––

–(&

,&$,

&(@

*&,#*

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v= ljbf a

fkt

Joj:

yf$(

,%(,%&

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#@)

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&%(

!$,#@

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––

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&),@*,

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$(,%(,%&

$

u= c

fjf;

tyf

cGo

;'ljwf

Joj

:yf

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3= s

d{rf/L

af]g

; Jo

j:yf

!,*&,%$

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!,!(,##

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@,*!

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&%&

!,*&,%$

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Go–

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hDdf

!),^#,&(

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,̂%#,̂

*^%,#%,%

,̂$((

–!,$*

,)%!

!@,*

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,!()

!),^#,&(

,@$@

Page 54: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

%@

ljQLo ljj/0f;+u ;DalGwt k|d'v n]vf gLltx¿cg';"rL– @%

!= ;fdfGo hfgsf/Llzv/ OG:of]/]G; sDkgL ln= -o; kl5 sDkgL elgPsf]_ lj=;+= @)^! ;fn h]i7 !% ut] g]kfnsf] sDkgL P]g, @)%#adf]lhd g]kfndf :yfkgf ePsf] klAns lnld6]8 sDkgL xf] . o; sDkgLsf] s]Gb|Lo sfof{no yfkfynL, sf7df8f}+df/x]sf] 5 . of] sDkgL aLdf ;ldltaf6 aLdf P]g, @)$( sf] bkmf !) sf] pkbkmf # tyf aLdf lgodfjnL, @)$( sf]lgod * sf] pklgod -!_ adf]lhd ldlt @)^! ;fn sflt{s @^ ut] aLdssf] k|df0f–kq k|fKt eO{ aLdf Joj;fo ;~rfngug{ :jLs[lt k|fKt sDkgL xf] . o; sDkgLsf] ;fwf/0f z]o/ tyf ;+:yfks z]o/ >L g]kfn :6s PS;r]Gh lnld6]8 -g]kfnsf] Psdfq :6s PS;r]Gh_ df ;j{;fwf/0fsf] sf/f]af/sf] lgldQ ;"lrs[t ul/Psf] 5 . o; sDkgLn] g]kfn clw/fHoleq @ j6f a}+sO;'/]G; 8]:s ;lxt #) j6f zfvfaf6 lghL{jg aLdf ;]jf k|bfg ub}{ cfPsf] 5 . c;f/ #!, @)&@ ;Dd sDkgLn] &% dlxnf ;lxt hDdf @@( hgfnfO{ /f]huf/L k|bfg u/]sf] 5 h;dWo] !@* hgf :yfoLsd{rf/L /x]sf 5g\\ eg] !)! hgf s/f/sf sd{rf/L /x]sf 5g\ .sDkgLn] cfgf Jofj;flos OsfO{x¿ tyf zfvfx¿af6 cfgf u|fxsx¿nfO{ lghL{jg aLdf ;]jf k|bfg ug'{, aLdf ul/Psf];DklQsf] gf]S;fgL ;DaGwL bfjL ;dodf km5\of}{6 ug'{ ;fy} aLdfz'Ns jfktsf] /sdnfO{ ljQLo pks/0fdf nufgL ug'{sDkgLsf] k|d'v ultljlw xf] .

@= ;+rfns ;ldltaf6 ljQLo ljj/0fsf] :jLs[ltMcfly{s jif{ @)&! >fj0f ! ut]b]lv @)&@ c;f/ #! ut];Ddsf] ljQLo ljj/0fx¿ o; sDkgLsf] ;+rfns ;ldltsf]a}7sn] ldlt @)&@ kf}if & ut] kfl/t u/]sf] 5 .

#= ljQLo ljj/0F tof/ kfg]{ pQ/bfloTjMsDkgLsf] lgDg adf]lhdsf] ljQLo ljj/0f tof/ kfg]{pQ/bfloTj Joj:yfkgdf lglxt /x]sf] 5 .s_ sDkgLsf] ljQLo l:yltsf] ;"rgf v'n:t kfl/Psf] …jf;nftÚv_ sDkgLn] u/]sf] ljQLo sfo{ ;Dkfbg v'nfPsf] …gfkmf–gf]S;fg lx;faÚ tyf …cfo–Joo lx;faÚu_ gub tyf gub ;dfg tŒj ;[hgf ug{df sDkgLsf] Ifdtf v'nfOPsf] …gub k|afx ljj/0fÚ3_ sDkgLsf] h]yfdf ePsf] kl/jt{gsf] ;"rgf k|bfg ug]{ OSjL6Ldf ePsf] kl/jt{g ;DaGwL ljj/0f tyf sDkgLsf]

k|d'v n]vf gLlt tyf cGo ;fGble{s a'“bfx¿ ;dfj]z ePsf] l6Kk0fL .

$= cg'kfngf ;DaGwL k|ltj4tfMsDkgLsf] ljQLo ljj/0f aLdf ;ldltsf] lgb]{lzsf, aLdf P]g, @)$(, tyf sDkgL P]g, @)^# df cGoyf pNn]v ul/Psf]afx]s g]kfn n]vfdfg af]8{n] hf/L u/]sf g]kfn n]vfdfgx¿ tyf g]kfn k|ltj]bgdfg cg'¿k tof/ kfl/Psf 5g\ . g]kfnn]vfdfg cGtu{t g]kfn n]]vfdfg af]8{af6 hf/L ePsf ljQLo ljj/0f tof/ ubf{sf] ;dodf k|rngdf /x]sf ;a} n]vfdfgx¿tyf JofVofx¿nfO{ ;d]l6Psf] 5 .

aLdf ;ldltsf] lgb]{lzsf tyf g]kfn n]vfdfgsf k|rlnt Joj:yf aLr leGgtf /x]sf] cj:yfdf aLdf ;ldltsf] Joj:yfnfO{cjnDag ul/Psf] 5 .

%= n]vf°gsf] cfwf/MljQLo ljj/0fdf b]vfOPsf ;DklQ, bfloTj, cfDbfgL, vr{nfO{ g]kfnL ¿k}of“ -g]=¿=_ df k|:t't ul/Psf 5g\ eg] ljj/0fx¿P]ltxfl;s nfutsf] cfwf/df tof/ ul/Psf 5g\ .g]kfn n]vfdfg cg'¿k ljQLo ljj/0f tof/ kfbf{ s]xL n]vfhGo sf/f]af/ cg'dfg ug'{kg]{ tyf n]vf gLltx¿ nfu" ug]{qmddf Joj:yfkg kIfn] :jljj]ssf] klg k|of]u ug'{kg]{ x'G5 .

k|d'v n]vf gLltx¿Mof] ljQLo ljj/0f tof/Lsf] l;nl;nfdf sDkgLn] nfu" u/]sf k|d'v n]vf gLtLx¿ b]xfo adf]lhd 5g\ . cGoyf pNn]vePsf]df afx]s oL gLltx¿ lg/Gt/ ¿kdf kfngf x'“b} cfPsf] 5 .

^= h]yf (Equity):;DklQaf6 ;Dk"0f{ bfloTj 36fP kZrft\ af“sL /xg] z]o/wgLsf] :jfy{ g} h]yf (Equity) xf] . o; cGtu{t z]o/wgLn]nufgL u/]sf] ;a} /sd, ;+lrt d'gfkmf tyf ;+lrt d'gfkmfaf6 ljlgof]hg ul/Psf] hu]8f sf]ifx¿ kb{5g\ .

sDkgLn] cfgf] af“sL -cjz]if_ /x]sf] ;a} :jfy{nfO{ jf;nftdf z]o/ k"“hL tyf hu]8f÷sf]ifsf ¿kdf k|:t't ub{5 eg]k|:tfljt gub nfef+znfO{ aLdf ;ldltn] tf]s] adf]lhd k|:tfljt nfef+zsf] zLif{sdf 5'§} k|:t't ub{5 . k|:tfljt gubnfef+z jflif{s ;fwf/0f ;efn] cg'df]bg gu/];Dd h]yfs} Ps lx:;fsf] ¿kdf /xG5 .

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%#

hu]8f tyf sf]ifsDkgLn] hu]8f tyf sf]if cGtu{t ;fwf/0f hu]8f, z]o/ lk|ldod, k|:tfljt af]gz z]o/, :yug s/ ;DklQ a/fa/sf] :yug s/hu]8f tyf cGo hu]8f sfod ub}{ cfPsf] 5 .

aLdfsf]ifaLdf ;ldltsf] lgb]{zg adf]lhd k|To]s lsl;dsf] aLdfsf] nflu 5'§f5'§} aLdfsf]if /fVg'kg]{ k|fjwfg 5 . gfkmf–gf]S;fgaf6 cfPsf]v'b gfkmfaf6 k/ ;fl/Psf] s/ afktsf] /sd 36fO / hf]8L cfpg] %)∞ /sdnfO{ k|To]s lsl;dsf] aLdfsf]ifdf tf]lsP adf]lhdaf“8kmf“8 ul/Psf] 5 .

dxfljklQ hu]8f sf]ifaLdf ;ldltaf6 hf/L lgb]{zg adf]lhd af“8kmf“8sf nflu pknAw /sdsf] !)∞ dxfljklQ hu]8f sf]ifdf Joj:yf ul/Psf] 5 . o;/LdxfljklQ hu]8f sf]ifdf Joj:yf ul/Psf] /sdnfO{ e"sDk, af9Lklx/f] h:tf dxfljklQaf6 ;[hgf x'g] bfjL km5\of}{6df pkof]u ug{;Sg]5 .

&= l:y/ ;DklQMl:y/ ;DklQx¿ jf:tljs lsl;dsf (tangible items) To:tf ;DklQx¿ x'g\ h;nfO{ pTkfbg jf ;]jf cfk"lt{ ug{, c¿nfO{ef8fdf lbg, jf k|zf;lgs p2]Zosf nflu k|of]u ug{ lnOPsf x'G5g\ / Ps cfly{s jif{eGbf a9L cjlwsf nflu k|of]u ul/g] cfzful/Psf x'G5g\ .

;DklQ ljutsf 36gfx¿n] l;lh{t eO{ lgsfon] lgoGq0f u/]sf] To:tf] >f]t xf] h;n] eljiodf lgsfonfO{ cfly{s nfe k|bfg ub{5eGg] cg'dfg ug{ ;lsG5 . ;DklQdf sDkgLn] lgoGq0f u/]sf ;a} ;DklQx¿ kb{5g\ h;af6 eljiodf cfly{s pknlAwsf] cfzful/Psf] x'G5 .

l:y/ ;DklQx¿nfO{ jt{dfg cj:yf;Dd Nofpgsf] nflu nfu]sf ;Dk"0f{ vr{nfO{ ;dfj]z u/L l:y/ ;DklQ k"“hLs/0f ug]{ ul/Psf]5 .

;DklQaf6 eljiodf k|fKt ug{ ;lsg] cfly{s nfesf] ;DefJotf tyf ;f] ;DklQsf] nfutnfO{ ljZj;gLo tj/n] dfkg ug{ ;lsg]cfwf/df l:y/ ;DklQsf] nfutnfO{ ;DklQsf] ¿kdf klxrfg ul/Psf] 5 .

l:y/ ;DklQ dfly tTkZrft\ ePsf vr{x¿nfO{ ;DklQsf] klxrfg ug]{ dfkb08 k"/f u/]sf] cj:yfdf dfq ;DklQsf] ¿kdf klxrfgul/G5 . ;DklQdf klxrfg ug]{ cfjZos dfkb08 k"/f gug]{ To:tf vr{nfO{ dd{t tyf ;Def/ vr{ n]vL gfkmf tyf gf]S;fg lx;fadfn]vfÍg ul/Psf] 5 .

*= k"“hLs[t gul/g] ;DklQx¿ ;DaGwL n]vf°g gLltM¿= %,))) eGbf sd d"Nosf] ;DklQnfO{ vl/b ul/Ps} ;dodf vr{ n]vfÍg ug]{ gLlt /x]sf] 5 .

(= bfloTjx¿Mljutsf 36gfqmdaf6 pTkGg ePsf sDkgLsf] xfnsf] bfloTjx¿, h;sf] lg;u{sf jvt cfly{s nfe x'g] >f]t aflxl/g] ;Defjgf/xg] ck]Iff ul/Psf] x'G5, g} sDkgLsf bfloTjx¿ x'g\ . sDkgLsf] bfloTj cGtu{t e'QmfgL lbg'kg]{ bfjL, e'QmfgL lbg af“sL lk|ldod;fk6Lx¿, e'QmfgL lbg'kg]{ nfef+z, jSof}tf Aofhx¿, kfsL g;s]sf] lk|ldod cfDbfgL, ljljw ;fx'x¿ tyf cGo bfloTjx¿ kb{5g\ .

!)= Joj:yfx¿MJoj:yfx¿ clglZrt ;do tyf /sdsf bfloTjx¿ x'g\ . o;nfO{ bfloTjsf] ¿kdf Tolta]nf n]vfÍg ul/G5 ha sDkgLsf] ljutsf36gfqmdaf6 bfloTjsf] -sfg"gL jf ;+/rgfTds_ cj:yf pTkGg x'G5 / tL bfloTjsf] lg;u{sf jvt cfly{s nfe x'g] >f]t aflxl/g];Defjgf /x]sf] x'G5 / To:tf bfloTjnfO{ ljZj;gLo tj/af6 u0fgf ug{ ;lsg] cj:yf /xG5 . Joj:yfsf] u0fgf÷cg'dfg ubf{xfnsf] cj:yf, ljutsf cEof; / :jLs[t gLltx¿nfO{ Wofgdf /flvG5 . cToGt} sd cj:yfdf, ljZj;gLo u0fgf ug{ g;lsPsfbfloTjx¿sf] n]vfÍg ul/b}g . To:tf bfloTjx¿nfO{ ;Defljt bfloTjsf ¿kdf k|:t't ul/G5 .

;Dej eP;Dd ljutsf] pkof]u ljj/0f (activity log) sf] cfwf/df cg'dfg u/L /sd Joj:yf ug]{ ul/G5 / s'g} vr{ Joj:yfu/]sf] /sdeGbf 36La9L ePdf Joj:yf ;dfof]hg ul/Psf] 5 .

sd{rf/L af]g; Joj:yfMaf]g; P]g, @)#) adf]lhd sd{rf/L af]g;sf] Joj:yf ul/Psf] 5 . af]g; P]g cg';f/ s/ ltg'{ cl3sf] v'b gfkmfsf] !)∞ sf b/n]sd{rf/L af]g;sf] Joj:yf ug'{kg]{ Joj:yf /x]sf] 5 .

sd{rf/L ljbf afktsf] vr{Msd{rf/L ljbf afktsf] vr{ ljbf afkt e'QmfgL x'g] Ifltk"lt{ x'g\ / oL sDkgLsf] :jLs[t ljlgodfjnL adf]lhd sd{rf/Lx¿nfO{jflif{s 3/ ljbf, la/fdL ljbf, afkt k|bfg ul/g] Ifltk"lt{ kb{5g\ .

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pkbfg tyf ;~rosf]ifMtf]lsPsf] ;]jf cjlw JotLt ePkl5 sDkgLsf :yfoL sd{rf/Lx¿ sDkgLsf] ;]jfaf6 lgj[Q x'“bf k|bfg ug]{ u/L pkbfg tyf ;~rosf]ifsf] Joj:yf ul/G5 .sDkgLn] lgoldt ¿kdf ;~ro sf]if afktsf] bfloTjx¿ lg;u{sf nflu /sd hDdf ub}{ cfO/x]sf] 5 . oL nfex¿ lglb{i6 of]ubfgof]hgf (Defined Contribution Plan) x'g\ / o;df sDkgLsf] bfloTj, sf]ifdf of]ubfgsf nflu ;xdlt u/]sf] c+ssf] xb;Dd dfq;Lldt /xG5 .sDkgLsf] :jLs[t ljlgodfjnLdf ePsf] Joj:yf adf]lhd sd{rf/Lx¿k|ltsf] pkbfg tyf ;~ro sf]ifsf] bfloTj u0fgf u/L kfs]sf]cfwf/ (accrual basis) df gfkmf–gf]S;fg lx;fadf vr{ n]lvG5 . ;~ro sf]if afktsf] bfloTj k|To]s dlxgf lg;u{ ul/G5 . k|To]sjf;nft ldlt;Dd pkbfg afktsf] bfloTj cu|Ld ¿kdf u0fgf u/L cfly{s jif{sf] clGtd dlxgfdf km/kmf/s ul/Psf] 5 . pkbfgbfloTj afktsf] /sd gful/s nufgL sf]ifsf] pkbfg sf]ifdf bflvnf ul/Psf] 5 .

!!= cfoM

n]vfÍg cjlwdf ;DklQx¿sf] leqL k|jfx jf j[l4 jf bfloTjx¿sf] sdL x'g'sf] sf/0f cfly{s nfesf] j[l4 eO{ z]o/wgLx¿sf] h]yfsf]j[l4 -z]o/wgLx¿n] u/]sf] of]ubfg afx]s_ x'g' g} cfo xf] . cfodf aLdfz'Ns cfDbfgL, k'gaL{df sldzg, nufgL, shf{ tyf cGoaf6ePsf] cfo, ;DklQ tyf bfloTjsf] lg;u{af6 k|fKt cfo cflb kb{5g\ .

aLdfz'Ns cfDbfgL n]vfÍg gLltMaLdfz'Ns cfDbfgL aLdf P]g, aLdf ;ldltsf] lgb]{zg adf]lhd gub k|flKtsf] cfwf/df af“Wg] gLlt lnPsf] 5, h'g g]kfn n]vfdfgadf]lhd 5}g . t/ aLdfz'Ns cfDbfgL gub k|fKt ldlteGbf aLdfz'Ns e'QmfgL ug'{kg]{ ldlt kl5 ePdf kl5Nnf] ldltdf z'Ns cfDbfgLafWg] gLlt lnOPsf] 5 .k'gaL{df :jLsf/ u/] afkt k|fKt x'g] aLdfz'Ns cfDbfgLsf] n]vfÍg k|f]befjL Accural cfwf/df ul/Psf] 5 .aLdfz'Ns Ps jif{eGbf a9L cjlwsf] nflu Psd'i6 k|fKt ePdf aLdf cjlwsf] klxnf] jif{df x'g cfpg] aLdfz'Ns cfDbfgL af“wLaf“sL /x]sf] /sd 5'§} w/F}6L vftfdf /flvPsf] 5 .w/f}6L vftfdf /FlvPsf] /sdaf6 kl5Nnf jif{x¿df aLdf cjlwsf] ;dfg'kflts ¿kdf aLdfz'Ns cfDbfgL af“Wg] gLlt /x]sf] 5 .

k'gaL{df sldzg cfDbfgL n]vfÍg gLltMk'gaL{df sDkgLaf6 k|fKt sldzgnfO{ gub k|flKt jf k'gaL{df sDkgLaf6 ;dy{g k|fKtsf] cfwf/df cfDbfgL n]vfÍg ul/Psf] 5 .Profit Commission nfO{ k'gaL{df sDkgL;+u ePsf] ;Demf}tf cg';f/ lgwf{/0f ul/Psf] jif{ gub k|flKt jf k'gaL{df sDkgLaf6 ;dy{gk|fKtsf] cfwf/df cfDbfgL n]vfÍg ul/Psf] 5 .

nfef+z cfoMz]o/ nufgLaf6 k|fKt x'g] gub nfef+z ;f] nfef+z k|fKt x'g] clwsf/ :yflkt ePkl5 n]vfÍg ul/G5 . vl/b ul/Psf] ;dodf ;f];doeGbf cl3sf] gfkmfaf6 3f]if0ff u/]sf] nfef+znfO{ vl/b ;dosf] cl3 jf kl5sf] nfef+z egL 5'6\ofpg sl7gfO{ gx'Gh]n nfutsf]c;'nLsf] ¿kdf n]vfÍg ul/G5 . vl/b ;dosf] cl3 jf kl5sf] nfef+z egL 5'6\ofpg sl7gfO{ ePdf pQm nfef+znfO{ ;f]em}cfDbfgLsf] ¿kdf n]vfÍg ul/G5 .gub nfef+z clGtd ¿kdf s/ s§L u/L e'QmfgL x'g] ePsf]n] gub nfef+znfO{ >f]tdf s/ s§L ul/P kZrft\ af“sL /x]sf] /sdsfcfwf/df n]vfÍg ul/G5 .af]g; z]o/ 3f]if0ff eO{ ;f] k|fKt x'g] clwsf/ :yflkt eP tfklg cfo cfh{g :j¿k n]vfÍg ul/b}g .

;DklQsf] lg;u{af6 ePsf] nfe÷xflgl:y/ ;DklQsf] lg;u{÷ckn]vg u/]sf] sf/0f ePsf] nfe tyf xflgnfO{ ;f] ckn]vg u/]s} ;dodf gfkmf jf gf]S;fgdf ;dfj]zul/G5 . nfe tyf xflgsf] u0fgf ;f] ;DklQsf] lg;u{af6 k|fKt v'b /sd tyf lstfaL d"No aLrsf] leGgtfnfO{ lnO{ ul/G5 .

cGo cfo n]vfÍg tyf af“8kmf“8 gLltMcGo cfo n]vfÍg g]kfn n]vfdfg cg';f/ k|f]befjL cfwf/df (Accrual Basis) ul/Psf] 5 .aLdf ;ldltsf] lgb]{zgsf] clwgdf /xL nufgL, shf{ tyf cGoaf6 ePsf] cfonfO{ rfn' cf=j=df k|To]s aLdf Joj;fosf] ef/ tyfsDkgLsf] ut jif{sf] cfiff9 d;fGtsf] g]6 jy{ (Net Worth) nfO{ gfkmf–gf]S;fg lx;fasf] ef/ dfgL ;DalGwt aLdf Joj;fosf]cfo–Joo lx;fadf / gfkmf–gf]S;fg lx;fadf af“8kmf“8 ug]{ gLlt /x]sf] 5 .

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hUufdf ¥xf; s§L ug]{ ul/Psf] 5}g . sDKo"6/ ;6j]o/ (Premia) nfO{ !) jif{df kl/zf]wg (Amortisation) ug]{ gLlt lnPsf] 5 .aLdf ;]jf z'NsMsDkgLn] aLdf P]g, @)$( sf] bkmf $) sf] pkbkmf @ adf]lhd s'n aLdfz'Nssf] ! k|ltzt /sd aLdf ;]jf z'Ns afkt vr{n]vfÍg u/]sf] 5 .c;dfKt hf]lvd hu]8f (Unexpired Risk Reserves)M

aLdf lgodfjnL, @)$( lgod !%v cg'¿k sDkgLn] clUg, ;fd'lb|s, df]6/, OlGhgLol/¨, xjfO{, s[lif tyf ljljw aLdf tkm{ v'baLdfz'Ns cfDbfgLsf] %)∞ /sd c;dfKt hf]lvd hu]8fdf b]vfOPsf] 5 . o;/L Joj:yf ul/Psf] /sdnfO{ kl5Nnf] cfly{s jif{dfcfDbfgL hgfOPsf] 5 . t/ ;fd'lb|s aLdfsf] xsdf o;/L Joj:yf ul/Psf] /sdnfO{ # jif{ kl5sf] cfly{s jif{df cfDbfgL hgfOPsf]5 .

Ifo afkt gf]S;fgLMs'g} ;DklQsf] lstfaL d"NoeGbf c;'n pk/ x'g] d"No sd ePsf] sf/0fn] x'g uPsf] xfgL jf s'g} sfg"gL Joj:yf cg'¿k x'g uPsf]xfgLnfO{ Ifo afktsf] gf]S;fgLsf] ¿kdf gfkmf–gf]S;fg lx;fadf n]vfÍg ul/G5 . z+sf:kb cf;fdL, v/fa nufgL tyf ;+s6u|:ta}+s tyf ljQLo ;+:yfx¿df ePsf] df}HbftnfO{ ztk|ltzt Joj:yf u/L gfkmf–gf]S;fg lx;fa cGtu{t vr{df n]vfÍg ul/g] gLltsDkgLn] ckgfPsf] 5 . pQm Joj:yf ul/Psf] /sd k|fKt ePdf k|fKt ePsf] cfly{s jif{df cfDbfgL n]vfÍg ul/g] 5 .

!@= vr{x¿M

n]vfÍg cjlwdf ;DklQx¿sf] jf≈o k|jfx jf Ifo jf bfloTjx¿sf] ;[hgf x'g'sf] sf/0f cfly{s nfesf] sdL eO{ z]o/wgLx¿sf]h]yfdf sdL -z]o/wgLnfO{ u/]sf] ljt/0f afx]s_ cfpg' g} vr{ xf] .sd{rf/L vr{MsDkgLn] sd{rf/Lx¿af6 k|fKt u/]sf] ;]jf afkt Joxf]g'{ kg]{ ;a} lsl;dsf JoonfO{ sd{rf/L vr{ dflgPsf] 5 sd{rf/L vr{df b]xfoadf]lhdsf kb{5g\Ms_ cNksfnLg sd{rf/L vr{x¿, h:t}M tna, eQf, labf afktsf] Ifltk"lt{v_ ;]jfaf6 lgj[Q ePkl5 e'QmfgL x'g] pkbfg, ;~ro sf]if cflb≤ /cNksfnLg sd{rf/L vr{sf] n]vfÍg sd{rf/Ln] ;]jf k|bfg u/] kZrft jf ;]jf k|bfg u/]sf] sf/0f Ifltk"lt{ -kfl/tf]lifs_ k|fKt ug]{clwsf/ l;h{gf eP kZrft\ ul/G5 .;]jf lgj[Q ePkl5 e'QmfgL x'g] vr{sf] n]vfÍg sd{rf/Ln] ;]jf k|bfg u/]sf] sf/0f To:tf] Ifltk"lt{x¿ -kfl/tf]lifs_ k|fKt ug]{ clwsf/sf]l;h{gf ePdf ul/G5 .¥xf; s§L vr{M¥xf; of]Uo ;DklQsf] pkof]lutf cjlwe/ ul/g] k|0ffnLut ljlgof]hg g} ¥xf; xf] . sDkgLsf] cnUu} klxrfg ug{ ;lsg] k|To]sl:y/ ;DklQnfO{ 5'§f5'§} ¿kdf ¥xf;s§L ul/Psf] 5 . cGo l:y/ ;DklQsf] d"Nodf ;dfj]z ug'{kg]{ afx]s k|To]s cjlwsf] ¥xf;vr{nfO{ ;f]xL jif{sf] gfkmf–gf]S;fg lx;fadf n]vfÍg ul/G5 .s'g} klg ;DklQ Joj:yfkgsf] clek|fo cg'¿k k|of]u ug'{kg]{ :yfg / l:yltdf /xL ;+rfng jf pkef]u of]Uo eP kl5 ¥xf;s§Lsf]u0fgf ug]{ ul/G5 . sDkgLsf] l:y/ ;DklQx¿df Joj:yfkgn] cg'dfg u/]sf] jf:tljs pkof]lutf cfo' (Effective Useful Life) sf]cfwf/df lgDg adf]lhdsf] ¥xf;s§L b/x¿sf] cfwf/df 36\bf] d"No k|0ffnL (Diminising Balance Method) sf] cfwf/df ¥xf;s§Ln]vfÍg ug]{ gLlt cjnDag ul/Psf] 5 .

;DklQ k|ltztejg %∞kmlg{r;{ tyf lkmSr;{ @%∞sDKo"6/ tyf ;"rgf k|ljlw pks/0f @%∞sfof{no ;fdfg @%∞;jf/L ;fwg @)∞ljB'tLo h8fg tyf cGo ;DklQ !%∞

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%^

-c_ nufgL gf]S;fgL Joj:yflwtf]kq ahf/df ;"rLs[t nufgLsf] xsdf, To:tf nufgLsf] nfuteGbf lwtf]kq ahf/af6 c;'n ug{ ;lsg] /sd sd x'g] b]lvPdfIfo afkt gf]S;fgLsf] Joj:yf ug]{ ul/G5 . lwtf]kq ahf/df ;lqmo ¿kdf sf/f]af/ x'g] nufgLsf xsdf, c;'n ug{ ;lsg] /sd(recoverable amount) sf] u0fgf ;f] lwtf]kqsf] ahf/ d"Nosf] cfwf/df ul/G5 . Ifo afkt gf]S;fgLsf] Joj:yf lstfaL d"No k|fKtx'g ;Sg] d"NoeGbf a9L ePsf] avt lgwf{/0f ul/G5 .lwtf]kq ahf/df ;"rLs[t eOg;s]sf] nufgLsf] xsdf, To:tf nufgLsf] c;'n ug{ ;lsg] /sd nufgL ul/Psf] lgsfosf] h]yfsf]cfwf/df (equity basis) lgwf{/0f ul/G5 . To;/L lgwf{/0f ePsf] c;'n ug{ ;lsg] /sd nufgLsf] nfut eGbf sd ePsf] cj:yfdf,Ifo gf]S;fgLsf] Joj:yf ul/G5 .

-cf_ l:y/ ;DklQsf] Ifo (Impairment Loss)MsDkgLn] sDkgLleq gub k|jfx ug{ ;Ifd x'g] tyf cGo ;DklQx¿ jf ;DklQx¿sf ;d"xsf leqL gub k|jfxeGbf :jtGq /xg]l:y/ ;DklQsf] ;a}eGbf ;fgf] ;d"xsf] klxrfg u/]sf] 5}g . ctM ahf/ d"No 36]sf] :ki6 cfwf/ geP;Dd To:tf] ;DklQsf] Ifoafktsf] gf]S;fgL Joj:yf ul/b}g .k||To]s k|ltj]bg ldltdf, sDkgLn] cfgf s'g} ;DklQdf ljutsf jif{x¿df klxrfg ul/Psf Ifo gf]S;fgL cl:tTjdf /x] g/x]sf] jf36] g36]sf] tYox¿sf] d"NofÍg ub{5 . o:tf nIf0fx¿ ljBdfg /x]df, sDkgLn] To:tf] ;DklQsf] c;'n ug{ ;lsg] /sdsf] cg'dfgub{5 . To:tf ;DklQsf] c;'n ug{ ;lsg] /sd lstfaL d"NoeGbf a9L ePdf ljutsf jif{x¿df ;f] ;DklQsf nflu ul/Psf] Ifogf]S;fgLsf] xb;Dd cfDbfgL n]vfÍg ul/G5 .

cfos/ vr{Mcfos/ vr{df o; jif{sf] s/, :yug s/ tyf n]vfk/LIfs / ;DalGwt s/ k|zf;gåf/f lgwf{/0f ul/Psf] yk cfos/ ;dfj]z ul/G5 .

rfn' s/MsDkgLn] cfos/ P]g, @)%* tyf tTkZrft\ cfos/ P]gdf ePsf] ;+zf]wgsf] clwgdf /xL cfos/ Joj:yf ul/Psf] 5 . tyflk ljQLoljj/0fdf pNn]v ul/Psf] s/, s/ n]vfk/LIf0f tyf cfGtl/s /fhZj sfof{noaf6 lgwf{/0f ul/Psf] s/ eGbf km/s x'g ;Sg]5 .

:yug s/ljQLo ljj/0F cg';f/sf] ;DklQ tyf bfloTjsf] /sd tyf s/sf] cfwf/aLr km/s eO{ ;[hgf x'g] c:yfoL cGt/ (Temporary

Difference) sf] sf/0Fn] eljiodf ;[hgf x'g] s/ bfloTj tyf ;DklQsf] nfut /fVg] p2]Zon] :yug s/sf] n]vfÍg ul/Psf] 5 .:yug s/ ;DklQ tyf bfloTj dfkg ug{sf nflu h'g jif{df c:yfoL cGt/ ;dfof]hg x'g ;S5 ;f]xL jif{sf nflu P]gåf/f nfu"eO;s]sf]] s/sf] b/ jf xfnsf] s/sf] b/ nfu" x'g] cg'dfg ul/Psf] 5 . ;fy} :yug s/ ;DklQnfO{ eljiodf kof{Kt s/of]Uo cfol;lh{t eO{ pQm s/of]Uo cfodf ;dfof]hg ug{ ;Sg] cg'dfg u/L n]vfÍg ul/Psf] 5 . g]kfn n]vfdfgn] lglb{i6 u/] adf]lhd ljQLoljj/0fdf :yug s/nfO{ cnUu} k|:t't ug'{kg]{ eP tfklg o; ljQLo ljj/0fdf :yug s/ ;DklQ tyf bfloTjnfO{ ;dfof]hg u/LcGo ;DklQ cGtu{t b]vfOPsf] 5 .

;Defljt bfloTjx¿M;Defljt bfloTjx¿df b]xfo adf]lhdsf ljifox¿ ;dfj]z ul/Psf 5g\M-s_ ljutsf 36gfqmdaf6 pTkGg x'g ;Sg] To:tf ;Defljt bfloTjx¿ h;sf] cl:tTj eljiosf Ps jf PseGbf a9L clglZrt

36gfqmdx¿n] lgSof}{n ug]{5, h'g sDkgLsf] lgoGq0feGbf aflx/ /x]sf] x'G5, jf-v_ ljutsf 36gfqmdaf6 pTkGg ePsf t/ b]xfosf sf/0fn] ubf{ xfn n]vfÍg gul/Psf bfloTjx¿M

– bfloTj lg;u{ ug{sf nflu cfly{s nfe x'g] >f]t aflxl/g] ;Defjgf g/x]sf],– bfloTj dfkg ug{ ;lsg] kof{Kt ljZj;gLo cfwf/ gePsf] .

pk/f]Qm afx]s yfxf eP;Ddsf] ;Dk"0f{ ;f/e"t (Material) bfloTjsf] nflu kof{Kt Joj:yf ul/Psf] 5 . ;f/e"t bfloTjsf] eljiodflg:sg] kl/0ffd dfkg ug{ ;lsg] kof{Kt ljZj;gLo cfwf/ gePsf] v08df To:tf bfloTjnfO{ ;Defljt bfloTj cGtu{t b]vfOG5 .

k|lt z]o/ cfDbfgLMcfwf/e"t k|lt z]o/ cfDbfgL (basic earnings per share) sDkgLsf ;fwf/0f z]o/wgLx¿sf nflu pknAw gfkmf jf gf]S;fgsfcfwf/df, Pj+ k|sflzt ePdf, lg/Gt/ ;~rfngaf6 ePsf] gfkmf jf gf]S;fgaf6 To:tf z]o/wgLx¿sf nflu pknAw /sd ;d]tsfcfwf/df u0fgf ul/G5 . o;sf] u0fgf ;fwf/0f z]o/wgLsf nflu pknAw gfkmf jf gf]S;fgnfO{ cjlwe/sf] efl/t cf}ift ;fwf/0fz]o/ ;+Vofn] efu u/L ul/G5 .

nufgL n]vfÍg gLltMnufgL cGtu{t cNksfnLg tyf bL3{sfnLg d'2tL lgIf]k, ;/sf/L ;'/If0fkqx¿, a08, l8a]Gr/, ;fd"lxs sf]ifsf] nufgL cGo ;+ul7t;+:yfsf] z]o/df ul/Psf] nufgL cflb kb{5g\ .

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%&

e'QmfgL ldlt;Dd wf/0f ug]{ k|fylds p2]Zo ;lxt ul/Psf nufgLx¿ -g]kfn ;/sf/sf] artkq jf C0fkq jf g]kfn ;/sf/sf]hdfgt k|fKt C0fkqdf ul/Psf] nufgL_ nfO{ g]kfn n]vfdfg adf]lhd nfut d"Nosf cfwf/df yk /sd -lk|ldod_ tyf k|fKt u/]sf]5'6 -l8:sfp06_ nfO{ nfutsf] c+sd} ;dfj]z÷;dfof]]hg u/L n]vfÍg u/L k|efjsf/L Jofh u0fgf ljlw (effective interest method)

sf cfwf/df Aofh cfDbfgL n]vfÍg ug'{kg]{ k|fjwfg /x] klg aLdf ;ldltsf] lgb]{zg adf]lhd g]kfn ;/sf/sf] artkq jf C0fkqjf g]kfn ;/sf/sf] hdfgt k|fKt C0fkqdf ul/Psf] nufgLnfO{ c+lst d"No jf k/n d"NodWo] h'g 36L 5 ;f]xL d"Nodf n]vfÍgul/Psf] 5 . nufgLsf] c+lst d"NoeGbf k/n d"No a9L ePdf To:tf] a9L /sdnfO{ nufgLsf] c+lst el/df ckn]vg ug]{ ul/Psf]5 .klAns lnld6]8 sDkgLn] hf/L u/]sf] C0fkqx¿sf] nufgL n]vfÍg k/n d"Nosf] cfwf/df ul/Psf] 5 . k/n d"NoeGbf ahf/ d"Nosd ePdf sd ePsf] /sdsf] Joj:yf ug]{ gLlt lnPsf] 5 .aLdf ;ldltsf] lgb]{zg adf]lhd ;"lrs[t sDkgLsf] z]o/sf] ahf/ d"Nodf ePsf] kl/jt{gsf] sf/0fn] ;[hgf ePsf] nfenfO{ n]vfÍgul/Psf] 5}g .a}+s tyf ljQLo ;+:yfsf] d'2tL lgIf]kdf u/]sf] nufgLnfO{ ;f“jf /sddf b]vfOPsf] 5 . t/ To:tf] nufgLsf] Dofb ;dflKt kl5 s'g}sf/0fjz tTsfn lkmtf{ x'g] cj:yf l;h{gf gePdf To:tf] nufgL a/fa/sf] Joj:yf ug]{ gLlt lnPsf] 5 .

;6xL 36a9 ;dfof]hg gLltMljb]zL d'b|fdf /x]sf] ;DklQ Pj+ bfloŒjx¿nfO{ jiff{Gtdf /x]sf] ljlgdo b/n] g]kfnL ¿k}of“df ¿kfGt/0F ul/Psf] 5 . sDkgLn] ljb]zLd'b|f k|fKt ldlt jf k7fPsf] ldltdf sfod /x]sf] ljlgdo b/nfO{ cfwf/ dfgL n]vfÍg ul/Psf] 5 . lng' lbg' kg]{ ePdf jif{sf]cGTodf sfod /x]sf] ljlgdo b/sf] cfwf/df km/s kg{ hfg] /sdnfO{ ljlgdodf gfkmf jf gf]S;fg lx;fadf b]vfpg] gLlt cjnDagul/Psf] 5 .

Aoj:yfkg vr{ af“8kmf“8 gLltMaLdf ;ldltsf] lgb]{zgsf] cfwf/df Joj:yfkg vr{sf] !) k|ltzt /sd gfkmf–gf]S;fg lx;fadf vr{ b]vfO{ af“sL /sdnfO{ ;DalGwtaLdf Joj;fosf] k|ToIf aLdfz'Nsdf clestf{ sldzg s§f u/L x'g cfpg] /sdnfO{ To; aLdf Joj;fosf] ef/ dfgL ;a} aLdfJoj;fosf] cfo–Joo lx;fadf af“8kmf“8 ug]{ gLlt /x]sf] 5 .

aLdf bfaL e'QmfgL vr{ n]vfÍg gLltMsDkgLn] bfaLsf] nfut u0Fgf ubf{ aLdfn]v adf]lhd e'QmfgL ug'{kg]{ /sd tyf ;f] bfaL km5\of}{6sf] nflu cfjZos k/fdz{ tyfcg';Gwfg vr{ ;dfj]z u/L n]vfÍg ul/Psf] 5 . t/ aLdssf] kbflwsf/L jf sd{rf/Ln] u/]sf] sfdsf] kfl/>lds / cGo vr{afktsf] /sd ;dfj]z u/]sf] 5}g .

aLdf bfaL afkt bfloTj Joj:yf n]vf°g gLltMaLdf lgodfjnL, @)$( adf]lhd cfly{s jif{sf] cGTodf e'QmfgL x'g af“sL /x]sf] bfaL afkt bfloTj Joj:yf v'b ltg{ af“sL bfaL/sdsf] !!% k|ltztn] ul/Psf] 5 .

v'b gfkmf af“8kmf“8 gLltMgfkmf–gf]S;fg lx;faaf6 cfPsf] v'b gfkmfaf6 :yug s/ hu]8f (Deferred Tax Reserve) afktsf] /sd ;dfof]hg u/L af“sL/x]sf] /sdsf] %) k|ltzt /sd aLdf ;ldltsf] lgb]{zg adf]lhd k|To]s lsl;dsf] aLdf sf]ifdf cfo–Joo lx;faaf6 cfPsf] artsf]cg'kftdf / gf]S;fg cfPdf ;f] sf]ifdf z"Go a/fa/sf] /sd /fvL af“8kmf“8 ul/Psf] 5 . af“sLsf] %) k|ltzt /sd af“8kmf“8sf]nflu pknAw /sd egL gfkmf–gf]S;fg lx;fadf hgfOPsf] 5 .

dxfljklQ sf]if hu]8fMaLdf ;ldltsf] lgb]{zg adf]lhd af“8kmf“8sf nflu pknAw gfkmf /sdsf] !)∞ dxfljklQ hu]8f sf]ifdf Joj:yf ul/Psf] 5 .

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%*

ljQLo ljj/0f;+u ;DalGwt n]vf;DaGwL l6Kk0fLx¿cg';"rL– @^

!= ;Defljt bfloTjx¿M

!=! r'Qmf jf e'QmfgL x'g af“sL nufgLsDkgLsf] r'Qmf jf e'QmfgL x'g af“sL nufgL 5}g .

!=@ k|Tofe"lt k|lta4tf (Underwriting Commitments)

sDkgLn] s'g} klg lsl;dsf] k|Tofe"lt k|lta4tf (Underwriting Commitments) hf/L u/]sf] 5}g .!=# aLdfn]v cGtu{t eGbf afx]saf6 lbOPsf] Uof/]06L

sDkgLn] aLdfn]v cGtu{t eGbf afx]s s'g} klg lsl;dsf] Uof/]06L lbOPsf] 5}g .!=$ cGo ;Defljt bfloTjx¿

cf=j= @)^$÷^%, @)^%÷^^, @)^^÷^&, @)^&÷^* sf] ;+zf]lwt s/ lgwf{/0faf6 cf=/f=sf=n] lgwf{/0fu/]sf] yk s/ tyf hl/jfgf ¿= !,*#,)^,%!#.@@ sf lj?4 cfGtl/s /fhZj ljefudf k'g/fjnf]sgsf] nflulgj]bg lbOPsf]df ;f] lgj]bg ljefudf ljrf/fwLg /x]sf]n] cf=/f=sf=n] lgwf{/0f u/]sf] yk s/ tyf hl/jfgf;Defljt bfloTjsf] ¿kdf /x]sf] .

@= e'QmfgL ug{ af“sL bfaL afkt bfloTj d"Nof°g ubf{ cjnDag ul/Psf cfwf/x¿Mljut jif{x¿sf] cg'ej / aLdf ;e]{o/n] k]z u/]sf] bfaL d"NofÍgsf] cfwf/df cg'dflgt bfaL lgwf{/0f ul/Psf]5 . aLdf lgofdfjnL, @)$( sf] Joj:yf cg'¿k ;"lrt ul/Psf] bfaLsf] cg'dflgt bfloTjdf sDkgLsf] c+zsf]!!%∞ n] x'g cfpg] /sd bfaL afkt Joj:yf ul/Psf] 5 .

#= ;DklQdf cfPsf] ;Lldttf tyf ljjfbx¿MsDkgLsf] ;DklQdf s'g} klg ;Lldttf tyf ljjfbx¿ cfPsf 5}gg\ .

$= k"“hLut k|lta4tfMsDkgLsf] cfgf] sfof{no ejg lgdf{0fsf nflu ljleGg kIfx¿;+u 7]Ssf tyf s/f/x¿ adf]lhd ul/Psf] k"“hLs[tk|lta4tf afx]s shf{ tyf nufgL ;DaGwdf cGo s'g} k"“hLut k|lta4tf u/]sf] 5}g .

%= nufgL;+u ;DalGwt b]xfosf vl/b laqmL ;Demf}tfx¿sf] d"NoMc_ vl/b ul/Psf] ;DklQsf] :jfldTj k|fKt gePsf]– 5}g .cf_ laqmL ul/Psf] ;DklQsf] e'QmfgL k|fKt e}g;s]sf]– 5}g .

^= o; jif{el/ ul/Psf] nufgL tyf laqmL÷lkmtf{ lnPsf] nufgLsf] ljj/0FMo; jif{el/ ul/Psf] nufgLx¿sf] ljj/0F o; k|sf/ 5Mg]kfn ;/sf/sf] C0fkq –jfl0fHo a}+ssf] C0fkq –jfl0FHo a}+ssf] d'2tL lgIf]k ¿= @),!%,)),))).–ljsf; a}+ssf] d'2tL lgIf]k ¿= !,&%,)),))).–klAns sDkgLsf] z]o/ ¿= $,%!,^(,&^%.–g]kfn l/OG:of]/]G; sDkgL lnld6]8 ¿= !),(#,$),##^.–sd{rf/L nufgL sf]if÷pkbfg sf]if ¿= #(,@#,^@(Do'r'on km08 ¿= !&,#*,()).–o; jif{ el/df laqmL lkmtf{ ePsf nufgL o; k|sf/ 5g\Mg]kfn ;/sf/sf] C0fkq ¿= *@,%),))).–jfl0FHo a}+ssf] d'2tL lgIf]k ¿ *,)%,)),))).–ljsf; a}+ssf] d'2tL lgIf]k ¿= !,$),)),))).–ljQLo ;+:yfsf] d'2tL lgIf]k ¿= –klAns sDkgLsf] z]o/ ¿= –

ljj/0f @)&!÷&@ @)&)÷&!

cfly{s jif{sf] cGTodf sDkgLsf] nufgL df}Hbftsf] ljj/0fM

;/sf/L C0fkqljsf; a08 $,#),)),))) %,!@,%),)))

hDdf $,#),)),))) %,!@,%),)))

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%(

ljj/0f @)&!÷&@ @)&)÷&!

jfl0fHo a}+s C0fkqg]kfn OGe]i6d]06 a}+s lnld6]8 C0fkq÷l8a]Gr/ !,^*,@^,))) !,^*,@^,)))l;4fy{ a}+s ln= l8a]Gr/ !,)),)),))) !,)),)),)))Pe/]i6 a}+s lnld6]8 l8a]Gr/ %),)),))) %),)),)))lxdfnog a}+s l8a]Gr/ !,)),)),))) !,)),)),)))glan a}+s lnld6]8 l8a]Gr/ %),)),))) %),)),)))nlId a}+s lnld6]8 l8a]Gr/ !,)),)),))) !,)),)),)))PgcfO{;L a}+s lnld6]8 l8a]Gr/ *,$(,))) *,$(,)))

hDdf %,&^,&%,))) %,&^,&%,)))jfl0fHo a}+s d'2tL lgIf]kg]kfn OGe]i6d]06 a}+s lnld6]8 #,)),)),))) #,@%,)),)))Unf]an cfO=Pd=O= a}+s lnld6]8 %,!!,)),))) $,(!,)),)))s'df/L a}+s lnld6]8 #,^%,)),))) @,(%,)),)))Pe/]i6 a}+s lnld6]8 !,@%,)),))) !,#%,)),)))u|f08 a}+s ln= !,)),)),))) #,)),)),)))Pg=Pd=la= a}+s lnld6]8 @,(),)),))) @,%),)),)))hgtf a}+s lnld6]8 (),)),))) !,%),)),)))d]3f a}+s lnld6]8 !,)%,)),))) @,&),)),)))l;len a}+s lnld6]8 $,^%,)),))) $,^),)),)));]Gr'/L a}+s lnld6]8 @,&),)),))) !,@),)),)))g]kfn P;=la=cfO{= a}+s ln= %),)),))) !%,)),)));flgdf a}+s ln= %,#),)),))) !,*),)),)))l;4fy{ a}+s ln= #,)),)),))) @,^%,)),)))n'lDagL a}+s ln= @,^%,)),))) !,(),)),)))nIdL a}+s ln= !,!),)),))) %%,)),)))Pg aL a}+s ln= @,*),)),))) @,%),)),)))Pg=;L=;L= a}+s ln= !,!),)),))) @),)),)))Pg=cfO{=;L= Pl;of a}+s ln= !,$),)),))) ^),)),)))df5fk'R5«] a}+s lnld6]8 @,)%,)),))) @%,)),)))lxdfnog a}+s lnld6]8 &),)),))) @),)),)))k|fOd a}+s lnld6]8 #%,)),))) $),)),)))glan a}+s lnld6]8 @%,)),))) @),)),)));g/fOh a}+s lnld6]8 #,#%,)),))) –a}+s ckm sf7df08f}+ $),)),))) –k|e' a}+s lnld6]8 #),)),))) –

hDdf %!,$^,)),))) #(,#^,)),)))ljsf; a}+s d'2tL lgIf]klSng OghL{ ljsf; a}+s lnld6]8 ^),)),))) !,)),)),)));f+lu|nf ljsf; a}+s lnld6]8 !%,)),))) %,)),)))Hof]lt ljsf; a}+s lnld6]8 !,#^,)),))) !,!^,)),)))P; ljsf; a}+s lnld6]8 !,@),)),))) !,@),)),)))dlnsf ljsf; a}+s lnld6]8 !%,)),))) –z'e]R5f ljsf; a}+s lnld6]8 !),)),))) –Ogk|mf:6«Sr/ 8]enkd]G6 a}+s ln= !),)),))) !),)),)))d'QmLgfy ljsf; a}+s lnld6]8 #,)),))) –s}nfz 8]enkd]G6 a}+s ln= – #%,)),)))Pg=cfO{=l8=l;= 8]enkd]G6 a}+s ln= @,)),)),))) !,&%,)),)))lqj]0fL ljsf; a}+s lnld6]8 @%,)),))) @%,)),)));]jf ljsf; a}+s lnld6]8 !),)),))) !),)),)))olt ljsf; a}+s lnld6]8 @%,)),))) @%,)),)))

hDdf ^,%^,)),))) ^,@!,)),)))

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^)

&= a}+s lx;fa ldnfgMjfl0FHo a}+s, ljsf; a}+s tyf ljQLo ;+:yfx¿df /x]sf] a}+s df}Hbft sDkgLsf] lx;fa;+u ldnfg ul/;s]sf] /;DalGwt ;+:yfx¿af6 dF}Hbft ;dy{g kq k|fKt e};s]sf] 5 .

*= k'gaL{ds;+u lx;fa ldnfgMk'gaL{ds;+u lng' / lbg' af“sL lx;fa ;DaGwdf lgDg adf]lhdsf] aLdsaf6 afx]s cfly{s jif{ @)&!÷&@ cfiff9d;fGt;Ddsf] ;dy{g kq k|fKt eO{ cfjZos ;dfof]hg ul/;s]sf] 5 .

nufgLsf] k|sf/ nufgL k|ltzt kl/kq cg'¿k x'g'kg]{ nufgL ¿= s}lkmot

g]kfn ;/sf/sf] tyf g]kfn /fi6« a}+s a08 $=(&∞ sDtLdf @)∞ ck'u nufgLl8a]Gr;{ !$=#!∞

Pe/]i6 OG:of]/]G; sDkgL ln= af6 lng'kg]{ /sddWo] ¿= &),&@,!^#=*! sf] cf=j= @)^(.&) df ¿= #,$!,*$#.%&cf=j= @)&).&! df gf]S;fgL vr{ Joj:yf n]vfÍg ul/Psf] lyof] . /fli6«o aLdf ;+:yfgaf6 lng'kg]{ ¿= !,%#,(!(.^$nfO{ cf=j= @)&).&! df gf]S;fgL Joj:yf hgfOPsf] lyof] .

(= nufgL lgb]{zgsf] kl/kfngfMlgDg Joxf]/f afx]s o; sDkgLn] u/]sf] nufgL k|rlnt aLdf P]g, lgodfjnL tyf aLdf ;ldltsf] lgb]{zg adf]lhd/x]sf] 5 .

aLds lng'kg]{÷-lbg'kg]{_ /sd

Pe/]i6 OG:of]/]G; sDkgL ln= &$,!$,))&=))/fli6«o aLdf ;+:yfg !,%#,(!(=^$

g]kfn ;/sf/ tyf g]kfn /fi6« a}+ssf] a08 l8a]Gr/df ck'u nufgL /sdnfO{ aLdf ;ldltsf] lgb]{zg adf]lhdjfl0fHo a}+ssf] d'2tL lgIf]kdf nufgL ul/Psf] 5 .

!)= ;DalGwt JolQm;+u sf/f]af/MaLdf ;ldltåf/f hf/L ;+:yfut ;'zf;g ;DaGwL lgb]{lzsf adf]lhd cfly{s jif{ @)&!÷&@ df ;+:yfks tyf;+:yfksx¿sf] Joj;fo;+u ;DalGwt s'g} klg gof“ aLdfn]v hf/L ul/Psf] 5}g .

ljj/0f @)&!÷&@ @)&)÷&!

ljQLo ;+:yf d'2tL lgIf]k

cfO=l;=Pkm=l;= kmfOgfG; lnld6]8 @),)),))) @),)),)))

u'8ljn kmfOgfG; sDkgL lnld6]8 &%,)),))) &%,)),)))

km]jf kmfOgfG; lnld6]8 %,)),))) %,)),)))

;u/dfyf dr]{G6 a}+ls¨ P08 kmfOgfG; ln= !%,)),))) !%,)),)))

hDdf !,!%,)),))) !,!%,)),)))

klAns sDkgLsf] z]o/

s[lt Soflk6n P08 OGe]i6d]06 ln= !%,)),))) !%,)),)))

cGo sDkgLx¿sf] z]o/df nufgL -cg';"rL !*=!_ %,)),!$,%&* !,$%,$$,)#)

�����������������������hDdf %,!%,!$,%&* !,^),$$,)#)

cfsl:ds aLdf sf]if !!,@(,!!,&^% #%,&!,$@(

PgcfOlaPn Do'r'cn km08 !&,#*,())

gful/s nufgL sf]if–pkbfg sf]if ($,!%,*(% %$,(@,@^^

s'n hDdf *^,$#,^*,*(@ ^),!@,#@,&@&

Page 63: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

^!

cGo ;DalGwt JolQm;+usf] sf/f]jf/M;+rfns ;ldltsf ;b:ox¿nfO{ cf=j= @)&!÷&@ df e'QmfgL ul/Psf] /sd / vr{sf] ljj/0fMljj/0f /sd ¿=;+rfns ;ldltsf] a}7s eQf %,**,)));+rfns ;ldltsf] a}7s vr{ &#,##*cGo ;ldltsf] a}7s eQf !,(@,%))cGo ;ldltsf] a}7s vr{ &%,$!)

k|d'v sfo{sf/L clws[tnfO{ e'QmfgL / Joj:yf ul/Psf] tna tyf ;'ljwfMljj/0f /sd ¿=cNksfnLg ;'ljwf #$,!*,$#)cjsfz kl5sf] ;'ljwf %,!*,(@)cGo bL3{sfnLg ;'ljwf –;]jf lgj[Q ;'ljwf –

k|d'v sfo{sf/L clws[t jfx]s cGo k|jGwsx¿nfO{ e'QmfgL / Joj:yf ul/Psf] tna tyf ;'ljwfMljj/0f /sd ¿=cNksfnLg ;'ljwf @,^^,#&,#&&cjsfz kl5sf] ;'ljwf !@,*&,@()cGo bL3{sfnLg ;'ljwf –;]jf lgj[Q ;'ljwf –dfly pNn]lvt jfx]s k|d'v sfo{sf/L clws[t tyf k|jGwsx¿nfO{ sDkgLsf] lgodfjnL cg';f/ ;jf/L ;'ljwf, OGwg tyf ;+rf/;'ljwf lbOPsf] 5 .

!!= aLdsn] cfgf] ;DklQsf] ;'/If0fdf s'g} klg C0fsf] lwtf], zt{ tyf cf}lrToMsDkgLn]] rfn" k"“hLsf] nflu jfl0fHo a}+sx¿sf d'2tL /l;bx¿ tyf sDkgLsf] hUuf tyf ejg lwtf] /fvL ¿= !) s/f]8 &)nfvsf] cNksfnLg C0f ;'ljwf lnPsf] 5 . @)&@ cfiff9 d;fGtdf shf{ afktsf] ¿= %,*#,@*,$!).– /x]sf] 5 . pQm cNksfnLgC0F afkt lt/]sf] ¿= @*,^),((!.– Aofh vr{nfO{ Aoj:yfkg vr{ cGtu{t ;dfj]Zf ul/Psf] 5 .

!@= aLdsn] s/ r'Qmf k|df0f–kq k|fKt u/]sf] cf=j= tyf To:tf] r'Qmf k|df0f–kq x'g af“sL cf=j= / ;f] ;DaGwL ljj/0fsf] ;fy} cl3Nnf]cf=j=x¿sf] s/ hl/jfgf Jofh afkt bfjL k/]sf] / o; cf=j=df e'QmfgL ePsf] /sdMsDkgLsf] cf=j= @)^@÷^# ;Ddsf] s/ r'Qmf k|df0f–kq k|fKt eO;s]sf] 5 . cf=j= @)^#÷^$, @)^$÷)^%, @)^%÷^^ /@)^^÷^&, @)^&÷)^* sf] s/ lgwf{/0f cfGtl/s /fhZj sfof{noaf6 eO{ ;f]sf lj¿4 sDkgLn] k'g/fj]bg cbfntdf l/t bfo/u/]sf]df ;f] ;DaGwL d'2f ljrf/fwLg /x]sf] 5 . cf=j= @)^*÷^(, @)^(÷&) / @)&)÷&! sf] s/ lgwf{/0F cfGtl/s /fhZjsfof{noaf6 ePsf] 5}g .

!#= lkmtf{ u/]sf] aLdfz'Nssf] kl/df0F / sf/0FM

o; cf=j=df sDkgLn] ¿= !),$!,@$,^**=$^ aLdfz'Ns lgDg sf/0Fx¿n] ubf{ lkmtf{ u/]sf] 5 Ms_ aLldtsf] cg'/f]wdf aLdfÍ /sd 36fOPsf] .v_ bf]xf]/F] aLdfn]v hf/L x'g uPsf] .u_ sDKo"6/ k|0ffnLåf/f bf]xf]/f] aLdfn]v hf/L x'g uPsf] .3_ k|tLtkq /2 x'g uPsf] .ª_ aLdfn]vdf jxg ul/Psf] hf]lvd x6fOPsf] .

!$= ckn]vg x'g af“sL vr{sf] ljj/0FMcg';"rL @$ cGtu{t æckn]vg x'g af“sL vr{Æ sf] ljj/0f lgDg cg';f/ 5M

ljj/0f /sd ¿=

nufgLdf lk|ldod em'QmfgL %,*^,%((

PlG6 efO/; !,)),!))

s'n vr{ ^,*^,^((

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^@

!%= r'Qmf k"“hLdWo] clu|d e'QmfgL k|fKt (Paid in advance), e'QmfgL k|fKt x'g af“sL (Call in arrears) / hkmt ul/Psf t/ k'gMlgisfzg gul/Psf] z]o/ ljj/0fMr'Qmf k"“hLdWo] clu|d e'QmfgL k|fKt (Paid in advance), e'QmfgL k|fKt x'g af“sL (Call in arrears) / hkmt ul/Psf t/ k'gMlgisfzg gul/Psf] z]o/ ljj/0f 5}g .

!^= lnh xf]N8 ;DklQ / ;f]sf] ckn]vg (Amortization) ;DaGwL ljj/0fMsDkgLsf] lnh xf]N8 ;DklQ /x]sf] 5}g .

!&= jf;nft aflx/sf] sf/f]jf/sf] ljj/0fMsDkgLn] jif{ el/df ePsf] jf;nft aflx/sf] s'g} klg lsl;dsf sf/f]jf/sf] u/]sf] 5}g .

!*= cl3Nnf aif{x¿;+u ;DalGwt vr{x¿sf] ljj/0fMsDkgLsf] cl3Nnf] jif{;+u ;DalGwt s'n vr{ ¿= !$,$^,!**.– /x]sf] 5 .

!(= cfos/ / :yug s/Ms/ cl3sf] v'b d'gfkmfdf lgDgadf]lhdsf] cdfGo x'g] vr{ /sd tyf s/ 5"6 cfosf] ;dfof]hg kZrft\ sDkgLsf] ;+:yfuts/ bfloTj lgwf{/0f ul/Psf] 5 .

pkbfg tyf labf jfkt Joj:yf $!,)(,#@( (,#!,^)( %),$),(#*

cGo Joj:yf #@,&#,%^* #,)^,%(* #%,&&,*&^

jrt C0fkqsf] lk|ldod %,^!,^!) !,^!,!%$ &,@@,&^$

l:y/ ;DklQ jfkt -@!,)(,*%^_ #,@%,%%* -!&,*$,@(*_

hDdf %*,#$,^%@ !&,@$,(!* &%,%&,@*)

clGtd df}Hbftk/ ;fl/Psf] s/ ;DklQ÷ bfloTj ljj/0f z'? df}Hbft o; cf=j=sf]

:yug s/ afktsf] hu]8f (Deferred Tax Reserve)Mut jif{;Dd :yug s/ hu]8f sf]if (Deferred Tax Reserve) df ¿= %*,#$,^%@ /x]sf]df k|:t't jif{df¿= !&,@@,^@* yk x'g cfO{ s'n ¿= &%,%&,@*) nfO{ cg';"rL !$ df b]vfOPsf] 5 .

@)&! c;f/ #@ sf] c:yfoL leGgtf tyf :yug s/ ;DklQ÷bfloTjsf] ljj/0f lgDgfg';f/ 5M

ljj/0f /sd ¿=gfkmf–gf]S;fg lx;fadf b]vfOP adf]lhdsf] hDdf cfDbfgL ##,)),#!,*)%gfkmf–gf]S;fg lx;fadf b]vfOP adf]lhdsf] Joj:yfkg vr{ !,%#,(%,%&)z]o/ ;DaGwL vr{ -##,&@,$^&_sd{rf/L af]g; vr{ -@,*!,^$,&%&_s/ cl3sf] v'b gfkmf #!,#*,(),!%!;dfof]hgcdfGo x'g] vr{x¿ %@,%(,&%#;+lrt ljbf afktsf] vr{ Joj:yf !),#^,^)!pkbfg afktsf] vr{ Joj:yf @),^*,&%(rGbf vr{ @,(!,!(^n]vf adf]lhdsf] ¥xf;s§L vr{ !,%(,@),(@^cfos/ P]g adf]lhdsf] ¥xf; s§L vr{ -!,%@,!^,#@%_cfos/ P]g adf]lhd cdfGo dd{t ;Def/ vr{ ;dfof]hg #,*),%(#cfos/ P]g adf]lhd cdfGo x'g] cGo vr{ ;dfof]hg &,&*,))#s/ 5'6 cfDbfgL -&,%*,%$,@*%_nfef+z cfo -&,%*,%$,@*%_s/of]Uo cfo @!,@%,)$,$&(s/sf] b/ #)∞;+:yfut cfos/ ^,#&,%!,#$#

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@)= r]s df}Hbft (Cheques in Hand)M

cg";'rL !( cGtu{t hgfOPsf] ¿= #,)^,!$,*@$.– r]s df}Hbftsf] ;Dk"0f{ /sd cf=j= @)&@ ;fpg & ;Dddf sDkgLsf] a}+s

vftfdf hDdf eO;s]sf] 5 .

@!= ljljw cf;fdL tyf z+sf:kb cf;fdL afktsf] Joj:yfM

ljljw cf;fdL ¿= *%,##,^!@.– dWo] a}+s Uof/]06L cGtu{t hf/L ePsf] lgDg aLdf kf]ln;L ;dfj]z 5M

@@= cGo Joj:yfMsDkgLn] dfly qmd ;+Vof * df pNn]lvt Pe/]i6 OG:of]/]G; sDkgL lnld6]8 / /fli6«o aLdf ;+:yfgaf6 ;dy{g kq k|fKt gePsf]sf/0f cf=j= @)&)÷&! ;Dd ;f] sDkgLsf] vftfdf b]lvPsf] lng'kg]{ /sdsf] qmdzM ¿= &$,!$,))&=#* / !,%#,(!(=^$ sf]Joj:yf ul/;s]sf] 5 . cf=j= @)&!÷&@ df Pe/]i6 OG:of]/]G; sDkgL lnld6]8;+u lng' kg]{ /sd ¿= !,%%,!@@=^% Joj:yfu/]sf] 5 .;+s6u|:t ljQLo ;+:yf cGtu{t g]kfn z]o/ dfs]{6 P08 kmfOgfG; lnld6]8 / Soflk6n dr]{G6 a}+s P08 kmfOgfG; lnld6]8dfrfn' cf=j= df /sd qmdzM ¿= **&=^! / !,*@$=*( sf] yk Joj:yf ul/Psf] 5 .

@#= nfef+z tyf af]g; z]o/MsDkgLsf] ;+rfns ;ldltn] cfly{s jif{ @)&!÷)&@ sF] nflu ¿= !),@!,(&,$%) sf] af]g; z]o/ tyf af]g; z]o/df cfos/P]g adf]lhd >f]tdf nfUg] % k|ltzt s/ k|fof]hgsf nflu ¿= %#,&*,*!# gub nfef+z k|:tfj u/]sf] 5 .

@$= af]g; Joj:yfMaf]g; P]g, @)#) adf]lhd v'b gfkmfsf] !) k|ltzt /sd sd{rf/L af]g; afkt Joj:yf ul/Psf] 5 .

@%= sd{rf/L cfjf;sf] Joj:yfMsd{rf/L cfjf;sf] nflu Joj:Yff ul/Psf] 5}g .

@^= ;DklQsf] aLdf Insurance of Own PropertyMaLdf ;ldltåf/f hf/L ;+:yfut ;'zf;g ;DaGwL lgb]{lzsf adf]lhd @)^( efb| ! ut] pk|fGt sDkgLn] cfgf] sd{rf/L tyf;DklQsf] aLdfn]v hf/L ul/Psf] 5}g .

@&= Profit Commission:cfly{s jif{ @)&!÷)&@ df Profit Commission cfo cfh{g ePsf] 5}g .

@*= cGoM@*=!= z]o/ k"“hLM

sDkgLsf] bzf} ;fwf/0f ;efn] cg'df]bg u/]sf] @) k|ltzt af]g; z]o/ -vl08t z]o/sf] xsdf hf/L ul/Psf] z]o/ ;d]tu/L_ kZrft @)&@ c;f/ d;fGtdf sDkgLsf] r'Qmf k"“hL ¿= #%&,^(!,))) k'u]sf] 5 .

sDkgLsf] bzf} ;fwf/0f ;efn] u/]sf] lg0f{o adf]lhd k|To]s vl08t z]o/sf] xsdf k"0f{ z]o/ hf/L ubf{ ¿= #,^$,^))-;flass} ;]o/ :jfldTj sfod x'g] u/L_ z]o/ k"“hL hf/L u/]sf] x'“bf ;f] /sd jf;nftdf ;f/]sf] gfkmfaf6 ;dfof]hg u/]sf]5 .

@*=@ z]o/ lk|ldod /sdMsDkgLsf] k"“hL j[l4 ug]{ qmddf cf7f}+ ;fwf/0f ;efn] @M! sf] cg'kftdf xsk|b z]o/ hf/L ug]{ lg0f{o adf]lhd sDkgLn]hf/L u/]sf] *,&%,))) xsk|b z]o/dWo] xsk|b z]o/sf nflu cfj]bg gk/]sf] !),!%& lsQf z]o/nfO{ af]nsaf]n lnnfddfkm{t laqmL ubf{ k|fKt z]o/ lk|ldod afktsf] /sd ¿= &#,%),%*(.^% ljut cf=j=df z]o/ lk|ldod cGtu{t cg';"rL!$ z]o/ lk|ldoddf b]vfOPsf]df pQm ;Dk"0f{ /sdaf6 sDkgL P]gadf]lhd af]g; z]o/ ljt/0f ug]{ ;+rfns ;ldltsf]lg0f{o adf]lhd af]g; z]o/sf] ljt/0f ug]{ k|of]hgfy{ gfkmf–gf]S;fg lx;fadf ;fl/Psf] 5 .sDkgLn] cf=j= @)^(.&) df hf/L u/]sf] xsk|b ;]o/sf nflu al9 e'QmfgL k|fKt x'g cfPsf] / xfn;Dd bfaL ug{ gcfPsf]cfj]bg /sd ¿= @,)(,))) nfO{ cg';"rL @@ cGtu{t lkmtf{ ug{'kg]{ ;]o/ dfu /sd zLif{sdf b]vfOPsf] 5 .

@*=# dxfljklQ sf]if hu]8fMaLdf ;ldltsf] lgb]{zg adf]lhd gfkmf–gf]S;fg lx;fa cGtu{t af“8kmf“8sf nflu pknAw /sdsf] !)∞ dxfljklQ hu]8fsf]ifdf Joj:yf ul/Psf] 5 . dxfljklQ hu]8f sf]if cGtu{t rfn' cfly{s jif{df ¿= !!,)*),*%^.– Joj:yf u/L cg';"rL!% df b]vfOPsf] 5 . @)&@ a};fv !@ df cfPsf] ljgfzsf/L e"sDksf sf/0f sDkgLnfO{ dxfljklQ hf]lvd ;[hgf ePsf]x'“bf cfly{s jif{ @)&).&! df Aoj:yf ul/Psf] dxfljklQ hu]8f ¿= &#,##,!@*.– nfO{ gfkmf–gf]S;fg lx;fadf ;fl/Psf]5 .

qm=;+= ljj/0f a}+s Uof/]06L /sd ¿= e'QmfgL x'g af“sL /sd ¿=

!= l;k|bL 6«]l8¨ k|f= ln= %),)),))) $(,*$,)@(=(*hDdf %),)),))) $(,*$,)@(=(*

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@*=$ pkbfg sf]ifM>d P]g adf]lhd sd{rf/Lx¿n] ;]jf lgj[Q x'“bf kfpg] pkbfgsf] nflu 5'§} pkbfg sf]if v8f u/L gful/s nufgL sf]ifsf]pkbfg sf]ifdf hDdf ul/Psf] 5 . pkbfg sf]ifdf ut cfly{s jif{;Dd kfs]sf] hDdf Jofh /sd ¿= #,*&,^&^=^( nfO{ cfon]vfÍg ul/Psf] 5 .

@*=% z]o/df nufgLMsDkgLn] g]kfn lwtf]kq af]8{af6 nufgL Joj:yfkssf] cg'dlt k|fKt sDkgL s[lt Soflk6n P08 OGe]i6d]G6 lnld6]8;+u nufgLJoj:yfkg ;Demf}tf u/L ;f] sDkgLsf] Joj:yfkgdf /xg] u/L ;+ul7t ;+:yfsf] z]o/df nufgL u/]sf] 5 . sDkgLn] rfn' cf=j=dfz]o/ sf/f]af/af6 s'n ¿= @,!^^,()*.– cfo -nfef+; cfo afx]s_ cfh{g u/]sf] 5 .

@*=^ nufgL gf]S;fgL afkt Joj:yfMsDkgLn] nufgL u/]sf] z]o/x¿dWo] cf=j= @)&!.&@ c;f/ d;fGt cGtdf ahf/ d"No k/n d"NoeGbf sd ePsf] nufgL afkt¿= !),!!,^$*.– sf] yk nufgL gf]S;fgL Joj:yf sfod eO k|:t't jiff{Gt;Dddf ¿= !!,$!,%%#.– k'u]sf] 5 .

@*=& nfef+z cfoMsDkgLn] cfly{s jif{ @)&!.&@ df ¿= &,%*,%$,@*$.&$ a/fa/sf] nfef+z cfo n]vfÍg u/]sf] 5 . pk/f]Qm nfef+z cfodWo]¿= &$,!&),%&@ nfef+z g]kfn k'gaL{df sDkgL ln=af6 k|fKt ePsf] 5 eg] af“sL /sd cGo ;+ul7t ;+:yfsf] z]o/af6 k|fKtePsf] xf] . cfsl:ds aLdf sf]if g]kfn k'gaL{df sDkgLsf ¿kdf kl/0ft eP kZrft g]kfn k'gaL{df sDkgLaf6 k|fKt nfef+zdWo]¿= Ps s/f]8 ;f] sDkgLaf6 gub ljt/0f ePsf] / af“sL /sd ¿= ^$,!&),%&@ sDkgLn] g]kfn k'gaL{df sDkgLsf] k"“hLdfsa'n ul/Psf] /sd;+u ;dfof]hg ul/Psf] 5 . pQm /sddf cfsl:ds aLdf sf]if :yfkgf ubf{ sDkgLaf6 e'QmfgL ul/Psf]aLh /sd ¿= #%,&!,$@( ;d]t ;dfof]hg u/L s'n ¿= !!,@(,!!,&^% sf] g]kfn k'gaL{df sDkgL ln=sf] ;+:yfks z]o/dfnufgL ePsf] 5 . cfos/ P]g, @)%* adf]lhd nfef+z cfodf clGtd ¿kdf ;|f]tdf s/ s§L ul/g] ePsf]n] nfef+z cfonfO{s/s§L kZrftsf] /sddf n]vfÍg ul/Psf] 5 .

@*=* e"sDk bfaL ;DaGwL ljj/0fMa};fv !@, @)&@ df cfPsf] ljgfzsf/L e"sDksf sf/0f @)&@ c;f/ d;fGt;Dddf hDdf !#%) j6f aLdf bfaL k/]sf] 5 .tL dWo] c;f/ d;fGt;Dd sDkgLn] (*& j6f bfaLsf] bfaL km5\of}{6 tyf clu|d e'QmfgL u/L s'n ¿ #@,^$,!),^@^ e'QmfgLu/]sf] 5 . sDkgLn] cjnDag u/]sf] k'gaL{df Joj:yfsf sf/0f pQm e"sDkaf6 k/]sf] bfaLdf sDkgLsf] v'b lx:;f hDdf¿= ! s/f]8 /x]sf] 5 .

@*=( z]o/ ;DaGwL vr{MsDkgLsf] !) cf}+ jflif{s ;fwf/0f ;efaf6 lg0f{o ePadf]lhd sDkgLsf] ;+:yfks z]o/ / ;j{;fwf/0f z]o/sf] cg'kft *)M@)af6 kl/jt{g u/L &)M#) sfod ug{ cfjZos kg]{ ;j{;fwf/0f z]o/sf] gof“ lgisfzg;+u ;DalGwt vr{nfO{ z]o/ ;DaGwLvr{df n]vfÍg ul/Psf] 5 .

@*=!) ;+:yfut ;fdflhs pQ/bfloTj vr{M;+:yfut ;fdflhs pQ/bfloTj cGtu{t sDkgLn] a};fv @)&@ df cfPsf] e"sDk lkl8tsf] ;xof]ufy{ k|wfgdlGq b}jL k|sf]k/fxt sf]ifdf hDdf u/]sf] ¿= % nfv ;lxt s'n ¿= !# nfv, /fli6«o ls8\gL s]Gb|sf] nflu ljleGg pks/0f vl/b ug{ ¿= %nfv tyf >L ;Kt Clif ;+:s[t j]b ljBf>dsf] ;xof]ufy{ ¿= !,@),))) vr{ u/]sf] 5 .

@*=!! sDKo'6/ ;6j]o/ ;kf]6{ vr{MsDkgLn] k|of]u ub}{ cfPsf] Premiua Software sf] Annual Maintenance Charge afkt software lgdf{tf ef/tsf] 3i Infotech

nfO{ e'QmfgL ul/Psf] z'Ns tyf afnL tyf kz' aLdf, :jf:Yo aLdf / 9'Ss dgl:ylt aLdfsf] nflu gofF software module

lgdf{0f u/] afkt pQm sDkgLnfO{ e'QmfgL ul/Psf] z'NsnfO{ sDKo'6/ ;6j]o/ ;kf]6{ vr{ cGtu{t n]vfÍg ul/Psf] 5 .

@*=!@ k|lt z]o/ cfDbfgLMsDkgLsf] k|lt z]o/ cfDbfgLsf] ljj/0f lgDgfg';f/ 5M

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pknAw ;f]Ne]G;L dflh{g /sd eGgfn] s'n ;dfof]lht ;DklQ /sd / s'n ;dfof]lht bfloTjsf] km/s xf] .

cfjZos ;f]Ne]G;L dflh{g lgDg /sddWo] ;a}eGbf pRr /sd xf] .s= ¿= @% s/f]8v= v'b aLdf lk|ldodsf] @) k|ltzt a/fa/sf] /sdu= aLut tLg cfly{s jif{sf] v'b e'QmfgL x'g af“sL bfjL cf}ift /sdsf] $) k|ltzt a/fa/sf] /sd

aLdf ;ldltaf6 hf/L ;f]Ne]G;L dflh{g lgb{]lzsf adf]lhd lghL{jg aLdf sDkgLsf] xsdf !=% eGbf dflysf] ;f]Ne]G;L cg'kftnfO/fd|f] dflgG5 .

lkmtf{ ePsf bfaLx¿M@)&@ cfiff9 d;fGt;Dddf e'QmfgL x'g af“sL hDdf bfaL /x]sf]df @)&@ ;fpg ! b]lv o; ljQLo ljj/0f kfl/t u/]sf]ldlt;Dddf hDdf !)^ j6f bfjLx¿ laldtaf6 lkmtf{ ePsf 5g\ . g]kfn n]vfdfg adf]lhd tL bfaLx¿df sDkgLsf] s'g}bfloTj g/xg] ePsf]n] pQm n]vfdfg adf]lhd tL bfjLx¿ pk/ Go"gtd /sd Joj:yf ul/Psf] 5 .

;fwf/0f z]o/sf] gofF lgisfzgMsDkgLsf] !)cf}+ jflif{s ;fwf/0f ;efaf6 kfl/t eP adf]lhd sDkgLsf] ;+:yfks z]o/ tyf ;j{;fwf/0f z]o/sf] cg'kft *)M@)af6 &)M#) k'¥ofpg %,!),(** lsQf ;fwf/0f z]o/sf]] gof“ lgisfzg u/]sf] 5 . ldlt @)&@ dl;/ !& b]lv v'Nnf u/]sf]gof“ lgisfzgdf lgisfzg cjlw d+l;/ @! Uft];Dd ;Dk"0f{ z]o/sf] nflu cfj]bg k|fKt ePsf] 5 . ¿= !)) c+lst b/sfz]o/df ¿= %%) lk|ldod yk u/L s'n /sd ¿= ##,@!,$@,@)) sf] gof“ lgisfzgsf] af“8kmf“6 kZrft z]o/ k"“hLdf¿= %,!),(*,*)) n] j[l4 x'g]5 eg] z]o/ lk|ldod /sddf ¿= @*,!),$#,$)) hDdf x'g]5 .

af]g; z]o/ tyf gub nfef+zMcf=j= @)&!.&@ sf] ljt/0fof]Uo gfkmf tyf z]o/ lk|ldod afkt hDdf /x]sf] /sdaf6 ¿= !),@!,(&,$%) sf] af]g; z]o/tyf af]g; z]o/df s/ k|of]hgsf] nflu ¿= %#,&*,*!# gub nfef+zsf] k|:tfj ul/Psf] 5 . lwtf]kq lgisfzg lgb]{lzsfsf]lgb]{zg #@ adf]lhd ;fj{hlgs lgisfzgsf nflu cg'dlt k|fKt ul/;s]sf] ;+ul7t ;+:yfn] gof“ z]o/wgL ;dfj]; u/L dfq;fwf/0f ;ef ;DkGg ug'{kg]{ tyf sDkgL P]g, @)^# sf] bkmf !*@-$_ adf]lhd sDkgLn] 3f]if0ff ug]{ nfef+zdf nfef+z 3f]if0ffubf{ sDkgLsf] z]o/wgL btf{ lstfadf sfod /x]sf] z]o/wgL xsbf/ /xg] Joj:yf adf]lhd sDkgLn] lgisfzg u/]sf] gof“z]o/sf] af“8kmf“6 kZrft sfod x'g] yk %,!),(** lsQf z]o/df ;d]t sDkgLn] k|:tfj u/]sf] af]g; z]o/ tyf nfef+zdfclwsf/ /xg] u/L af]g; z]o/ tyf gub nfef+z k|:tfj ul/Psf] 5 .

@*=!% /sdsf] k'gM juL{s/0f tyf k'gM ;d"xLs/0fMut jif{sf] /sdx¿nfO{ cfjZostf cg';f/ k'gM juL{s/0f tyf k'gM ;d"xLs/0f ul/Psf 5g\ / ;a} c+sx¿ lgs6td ¿k}of“dfb]vfOPsf] 5 .

@*=!# ;f]Ne]G;L cg'kftsDkgLsf] ;f]]Ne]G;L cg'kft lgDgfg';f/ /x]sf] 5M

s= pknAw ;f]Ne]G;L dflh{g /sds'n ;dfof]lht ;DklQ -c_ !,*^,@^,%*,#%^s'n ;dfof]lht bfloTj -cf_ !,)%,(),^%,$&&pknAw ;f]Ne]G;L dflh{g /sd -c – cf_ *),#%,(@,*&(

v= cfjZos ;f]Ne]G;L dflh{g, lgDgdWo]sf] pRrtd /sdGo"gtd r'Qmf k"“hL /sd @%,)),)),)))jLut tLg cfly{s jif{sf] v'b e'QmfgL x'g af“sL bfjL %,!^,$@,$%^cf}ift /sd !@,(!,)^,!$! sf] $) k|ltztv'b aLdf lk|ldod ¿= ^$,#&,$*,!@% sf] @) k|ltzt !@,*&,$(,^@%cfjZos ;f]Ne]G;L dflh{g @%,)),)),)));f]Ne]G;L cg'kft -s÷v_ #=@!

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@= ;ldltaf6 hf/L ladssf] ;+:yfut ;'zf;g ;DaGwL lgb]{lzsf, @)^( k"0f{¿kdf kfngf ug{ sDkgL;r]t /x]sf] hfgsf/L u/fpg rfxG5f}+ .

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%= Go"g cfo ePsf u|fdL0f hgtf;Dd aLdf ;]jfsf] kx'“r k'¥ofpg aLdf ;ldltn] lgwf{/0f u/] adf]lhdsf]% lhNnfx¿dWo] dsjfgk'/, lrtjg, wflbª, g'jfsf]6df zfvf sfof{no :yfkgf ul/;s]sf 5f}+ eg]rf“8} g} /;'jf lhNnfdf ;d]t zfvf sfof{no lj:tf/ ug]{ tof/Ldf /x]sf 5f}+ . s[lif tyf kz' aLdfk|j4{gs} nflu h'Dnfdf ;d]t s[lif sfof{no :yfkgf ul/;s]sf 5f}+ . s[lif tyf kz'aLdf cGtu{t cf=j=@)&).&! df hDdf ¿= $) nfvsf] aLdfz'Ns cfh{g ul/Psf]df cf=j= @)&!.&@ df ¿= @ s/f]8!^ nfvsf] aLdfz'Ns cfh{g ePsf] 5 . To;} u/L cf=j= @)&).&! df hDdf ¿= !* nfvsf] bfjLe'QmfgL ul/Psf]df cf=j= @)&!.&@ df ¿= ! s/f]8 #$ nfvsf] bfjL e'QmfgL ul/Psf] hfgsf/Lu/fpg rfxG5f}+ . cfufdL lbgx¿df dfOqmf] k|8S6x?nfO{ yk k|efjsf/L agfp“b} nfg] hfgsf/L u/fpgrfxG5f}+ .

^= sDkgLsf] ldlt @)&@.!!.!! df al;Psf] ;+rfns ;ldltsf] lg0f{o adf]lhd sDkgLsf] P3f/f}+ ;fwf/0f;ef ldlt @)&@.!@.% df ;DkGg ul/g] 5 .

&= sDkgLsf] jf≈o n]vfk/LIfssf] k|f/lDes k|ltj]bg tyf cfGtl/s n]vfk/LIfsssf] k|ltj]bgdf cf}+NofOPsfs}lkmox¿ ;'wf/ ug{ sDkgL k|oTgzLn /x]sf] Joxf]/f hfgsf/L u/fp“b5f}+ .

Page 72: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

&)

lzv/ OG:of]/]G; sDkgL lnld6]8sf]P3f/f}+ jflif{s ;fwf/0f ;efdf sDkgLsf]k|aGw–kqdf k|:tfljt ;+zf]wg

sDkgLsf] hf/L k"“hLsf] :jfldTjsf] cg'kftlgDgfg';f/ x'g]5M!= ;d"x -s_ ;+:yfksx¿sf] $&=@% k|ltztx'g]5 .@= ;d"x -v_ ;+:yfksx¿sf] @@=&% k|ltztx'g]5#= ;d"x -u_ ;j{;fwf/0fsf] #) k|ltztx'g]5 .

sDkgLsf] hf/L k"“hLsf] :jfldTjsf] cg'kftlgDgfg';f/ x'g]5M!= ;d"x -s_ ;+:yfksx¿sf] &) k|ltztx'g]5 .@= ;d"x -v_ ;j{;fwf/0fsf] #) k|ltztx'g]5 .

bkmf & -3_

clws[t k"“hL j[l4 ug{

k|jGw–kqsf];DalGwt bkmf

;+zf]wg ug'{kg]{ sf/0fxfnsf] Joj:yf k|:tfljt ;+zf]wg

bkmf % -v_ sDkgLsf] hf/L k"“hL ¿= $),*&,*(,*))÷–-rfln; s/f]8 ;tf;L nfv pgfgAa] xhf/cf7 ;o_ x'g]5 . h;nfO{ ¿= !)) sfb/sf $) nfv *& xhf/ * ;o (* yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

sDkgLsf] hf/L k"“hL ¿= %),^*,((,$))÷–-krf; s/f]8 c7;¶L nfv pgfG;o xhf/rf/ ;o_ x'g]5 . h;nfO{ ¿= !)) sfb/sf %) nfv ^* xhf/ ( ;o ($ yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

bkmf % -u_ sDkgLsf] xfn r'Qmf k"“hL ¿= $),*&,*(,*))÷–-rfln; s/f]8 ;tf;L nfv pgfgAa] xhf/cf7 ;o_ x'g]5 . h;nfO{ ¿= !)) sfb/sf $) nfv *& xhf/ * ;o (* yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

s D k g L s f ] x f n r ' Q m f k " “ h L¿= %),̂ *,((,$))÷– -krf; s/f]8 c7;¶Lnfv pgfG;o xhf/ rf/ ;o_ x'g]5 .h;nfO{ ¿= !)) sf b/sf %) nfv ^*xhf/ ( ;o ($ yfg ;fwf/0f z]o/x¿dfljefhg ul/g]5 .

bkmf % -s_ sDkgLsf] clws[t k"“hL ¿= ̂ ),)),)),)))÷–-;fl¶ s/f]8_ x'g]5 . pQm k"“hLnfO{ ¿= !))sf b/sf ^),)),)))÷– -;f¶L nfv_ yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

s D k g L s f ] c l w s [ t k " “ h L¿= !,%),)),)),)))÷– -Ps c/a krf;s/f]8_ x'g]5 . pQm k"“hLnfO{ ¿= !)).–-Ps ;o_ sf b/sf !,%),)),)))÷–-Ps s/f]8 krf; nfv_ yfg ;fwf/0fz]o/x¿df ljefhg ul/g]5 .

k"“hL j[l4 ug{

k"“hL j[l4 ug{

k"“hL ;+/rgf kl/jt{g ug{

Page 73: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

&!

lgodfjnLdf k|:tfljt ;+zf]wg

sDkgLsf] hf/L k"“hLsf] :jfldTjsf] cg'kftlgDgfg';f/ x'g]5M!= ;d"x -s_ ;+:yfksx¿sf] $&=@% k|ltztx'g]5@= ;d"x -v_ ;+:yfksx¿sf] @@=&% k|ltztx'g]5#= ;d"x -u_ ;j{;fwf/0fsf] #) k|ltztx'g]5 .

sDkgLsf] hf/L k"“hLsf] :jfldTjsf] cg'kftlgDgfg';f/ x'g]5M!= ;d"x -s_ ;+:yfksx¿sf] &) k|ltztx'g]5 .@= ;d"x -v_ ;j{;fwf/0fsf] #) k|ltztx'g]5 .

lgod % -ª_

lgodfjnLsf];DalGwt lgod

;+zf]wg ug'{kg]{ sf/0fxfnsf] Joj:yf k|:tfljt ;+zf]wg

lgod % -v_ sDkgLsf] hf/L k"“hL ¿= $),*&,*(,*))÷–-rfln; s/f]8 ;tf;L nfv pgfgAa] xhf/cf7 ;o_ x'g]5 . h;nfO{ ¿= !)) sfb/sf $) nfv *& xhf/ * ;o (* yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

sDkgLsf] hf/L k"“hL ¿= %),^*,((,$))÷–-krf; s/f]8 c7;¶L nfv pgfG;o xhf/rf/ ;o_ x'g]5 . h;nfO{ ¿= !)) sfb/sf %) nfv ^* xhf/ ( ;o ($ yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

s D kg Ls f ] x f n r ' Q m f k " “ h L¿= $),*&,*(,*))÷– -rfln; s/f]8;tf;L nfv pgfgAa] xhf/ cf7 ;o_x'g]5 . h;nfO{ ¿= !)) sf b/sf $)nfv *& xhf/ * ;o (* yfg ;fwf/0fz]o/x¿df ljefhg ul/g]5 .

s D k g L s f ] x f n r ' Q m f k " “ h L¿= %),̂ *,((,$))÷– -krf; s/f]8 c7;¶Lnfv pgfG;o xhf/ rf/ ;o_ x'g]5 .h;nfO{ ¿= !)) sf b/sf %) nfv ^*xhf/ ( ;o ($ yfg ;fwf/0f z]o/x¿dfljefhg ul/g]5 .

clws[t k"“hL j[l4 ug{lgod % -s_ sDkgLsf] clws[t k"“hL ¿= ̂ ),)),)),)))÷–-;fl¶ s/f]8_ x'g]5 . pQm k"“hLnfO{ ¿= !))sf b/sf ^),)),)))÷– -;f¶L nfv_ yfg;fwf/0f z]o/x¿df ljefhg ul/g]5 .

s D k g L s f ] c l w s [ t k " “ h L¿= !,%),)),)),)))÷– -Ps c/a krf;s/f]8_ x'g]5 . pQm k"“hLnfO{ ¿= !)).–-Ps ;o_ sf b/sf !,%),)),)))÷– -Ps s/f]8 krf; nfv_ yfg ;fwf/0fz]o/x¿df ljefhg ul/g]5 .

o; sDkgLdf * hgfsf] ;+rfns ;ldltx'g]5 .;+rfnsx¿sf] lgo'lQm b]xfo adf]lhd x'g]5 .!= ;d"x …sÚ af6 ===========$ hgf .@= ;d"x …vÚ af6=========== @ hgf .#= ;j{;fwf/0f z]o/wgLaf6 lgjf{lrt x'g] ==============! hgf .$= :jtGq ;+rfns=============! hgf hDdf ==========================* hgf

o; sDkgLdf ( hgfsf] ;+rfns ;ldltx'g]5 .;+rfnsx¿sf] lgo'lQm b]xfo adf]lhd x'g]5 .!= ;d"x …sÚ af6 =================% hgf .@= ;d"x …vÚ ;j{;fwf/0f z]o/wgLaf6 lgjf{lrt x'g] =======================@ hgf .$= :jtGq ;+rfns=============@ hgf hDdf ==========================( hgf

lgod !@ -v_

sDkgLsf] ;+:yfks ;b:on] cfkm"n] lnPsf]z]o/ lqqmL ug{ rfx]df ;j{k|yd cGo;+:yfks ;b:onfO{ laqmL ug{' kg]{5 /;+:yfks ;b:ox¿dWo] s;}n] klg vl/bug{ rfx]df dfq cGo JolQmnfO{ laqmL ug{'kg]{5 .

sDkgLsf] ;+:yfks ;b:on] cfkm"n] lnPsf]z]o/ lqqmL ug{ rfx]df k|rlnt sfg"gadf]lhd laqmL ug{' kg]{5 .

lgod @! -r_-!_

k"“hL j[l4 ug{

k"“hL ;+/rgf kl/jt{g ug{

ljBdfg sfg"g adf]lhd

ljBdfg P]g tyf lgb]{lzsfadf]lhd

Page 74: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

&@

lgodfjnLdf k|:tfljt ;+zf]wg

lgodfjnLsf];DalGwt lgod

;+zf]wg ug'{kg]{ sf/0fxfnsf] Joj:yf k|:tfljt ;+zf]wg

ljBdfg sfg"g adf]lhdlgod @! -`_-@_ sDkgLsf] jflif{s ;fwf/0f ;ef x'g' eGbfcl3 !% lbg cl3;Dd sfod /x]sf] /vf/]h ePsf] z]o/jfnfx¿sf] clen]vdfb]xfosf s'/fx¿ ;d]t :ki6 v'nfOg]5 .-s_ sDkgLsf] clws[t k"“hL tyf z]o/x¿sf]

;+Vof,-v_ hf/L ul/Psf] z]o/sf] k"“hL-u_ k|To]s z]o/df dfu ul/Psf] /sd-3_ c;'n x'g af“sL /x]sf] hDdf /sd-ª_ z]o/x¿ afkt r'Qmf ePsf] /sd-r_ z]o/df bnfnL b:t'/ afkt lbOPsf]

hDdf ¿k}of“-5_ s'g} z]o/ hkmt ul/Psf]df To:tf]

z]o/sf] hDdf ;+Vof, hkmt ePsf]sf/0f / ldlt,

-h_ axfnjfnf ;+rfnssf] gfd /7]ufgf .

sDkgLsf] jflif{s ;fwf/0f ;ef x'g' eGbfcl3 #) lbg cl3;Dd sfod /x]sf] /vf/]h ePsf] z]o/jfnfx¿sf] clen]vdfb]xfosf s'/fx¿ ;d]t :ki6 v'nfOg]5 .-s_ sDkgLsf] clws[t k"“hL tyf z]o/sf]

;+Vof,-v_ sDkgLsf] hf/L k"“hL-u_ sDkgLsf] r'Qmf k"“hL-3_ z]o/lkR5] dfu ePsf] /sd-ª_ ls:tf c;'n ePsf] hDdf /sd-r_ c;"n x'g af“sL /x]sf] hDdf /sd-5_ z]o/df bnfnL b:t'/ afkt lbPsf]

hDdf /sd-h_ s'g} z]o/ hkmt ul/Psf]df To:tf]

z]o/sf] hDdf ;+Vof, hkmt ePsf]sf/0f / ldlt

-em_ a}+s, ljQLo ;+:yf jf cGo s'g} JolQmaf6lnPsf] C0f jf sDkgLn] lbPsf] hdfgt

-`_ afxfnjfnf ;+rfnssf] gfd /7]ufgf .

ljBdfg sfg"gn] aGb]hgnufsf]n] vf/]h ug'{kg]{

lgod @! -w_ sDkgLsf] s'g} klg ;+rfns sfo{sf/L k|d'v,n]vfk/LIfs, sDkgLsf] Joj:yfkg tyfn]vf;DaGwL sfo{df k|ToIf ¿kn] ;+nUgJolQm / sDkgL ;lrjn] cfkm" sDkgLdfaxfn /x“bf;Dd sDkgLsf] z]o/ cfgf] jfcfgf] glhssf] gft]bf/ jf cfgf] glhssf]gft]bf/sf] lgoGq0fdf /x]sf] ;3+–;+:yf,kmd{ jf sDkgLsf] gfddf v/Lb laqmL ug{,u/fpg, ug{ lbg, lwtf] aGws /fVg, /fVgnufpg, /fVg lbg jf bfg as; lng, lbgjf lng lbg ug{' x'“b}g . t/, gof“ z]o/hf/L u/]sf] cj:yfdf dfly pNn]lvtk|ltaGw nfu" x'g] 5}g .

vf/]h ul/Psf] 5 .

lgod @! -d_-@_ ;+rfns jf lghsf] kl/jf/;“u s'g} aLdfJoj;fo u/]df tf]lsPsf] Dofbleq ;DalGwtaLldtnfO{ sDkgLn] Ifltk"lt{ lbg'kg]{5 .

aLdsn] cfgf] ;+rfns jf lghsf] kl/jf/jf lgh d]g]lhË Ph]06 ePsf] jf lx:;]bf/ePsf] s'g} klg ;+ul7t ;+:yf;+u aLdfJoj;fosf] s'g} sf/f]af/ u/]df lghn]To;sf] ;"rgf k}+lt; lbgleq ;ldltnfO{lbg' kg]{5 .

lgod @! -d_-*_ sDkgL :jo+n] vf]n]sf] sDkgL jf To;sf];xfos sDkgL afx]s cGo sDkgLsf]z]o/df cfgf] r'Qmf k"“hLsf] !) k|ltzteGbf a9L /sd nufgL ug{ k/]df ;fwf/0f;efsf] :jLs[lt lng'kg]{5 .

vf/]h ul/Psf] 5 .

aLdf P]g adf]lhd efiff;RofOPsf]

lgods lgsfosf] gLltlgod tyf lgb]{lzsf;+u;fdGh:otf ldnfpg

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&#

COMPARISON WITH MARKET AVERAGE(Based on Quarterly Reports upto Second Quarter of 2072/73)

Net Worth

Am

ou

nt

in C

rore

65.37

123.24

0

20

40

60

80

100

120

140

Market Average Shikhar

Unexpired Risk Reserve

Am

ou

nt

in C

rore

23.96

43.72

0

10

20

30

40

50

Market Average Shikhar

Net Profit

Am

ou

nt

in C

rore

4.35

10.11

0

2

4

6

8

10

12

Market Average Shikhar

Gross Premium

Am

ou

nt

in C

rore

37.23

75.51

0

10

20

30

40

50

60

70

80

Market Average Shikhar

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&$

No. of PoliciesIn

‘000

32.7

90.3

0

1

2

3

4

5

6

7

8

9

10

Market Average Shikhar

Net Premium

Am

ou

nt

in C

rore

19.89

36.15

0

5

10

15

20

25

30

35

40

Market Average Shikhar

Market Share in Premium Market Share in No. of Policies

EPS Net Claim Ratio

12% 18%In

Perc

en

tag

e

0

10

20

30

40

50

60

Market Average Shikhar

60.08

36.7225

0

10

20

30

40

50

60

70

Market Average Shikhar

56

22

Page 77: Shikhar Insu AR 071-72 (2)shikharinsurance.com/.../Shikhar-Insu-AR-071-72-for-web.pdfo; sDkgLsf] ; +rfns ;ldltsf ] ldlt @)&@÷!!÷!! ut ] a; ]sf ] ; +rfns ;ldltsf ] !#% cf }+ a }7ssf

Joj:yfkg

lbk k|sfz kf08]k|d'v sfo{sf/L clws[t

k'is/ dxtjl/i7 ;Nnfxsf/ahf/ Joj:yfkg

ljsf; h+uaxfb'/ /f0ffcWoIf

;+rfns ;ldlt

OGb| k|;fb sdf{rfo{:jtGq ;+rfns

:sGb cdfTo;+rfns

;j{;fwf/0f z]o/wgLx?sf] t˚{af6

/d]z s'df/ n'O{+6]n;+rfns

a'4 Po/ k|f= ln= sf] t˚{af6

cf+ l5/L z]kf{;+rfns

uf}/j cu|jfn;+rfns

la=s]= cu|jfnla=s]= cu|jfn P08 s+=, rf6{8{ PsfpG6]G6;\

n]vfk/LIfs

lh=lk= /fhjfxs P08 s+=rf6{8{ PsfpG6]G6;\cfGtl/s n]vfk/LIfs

;'zLn s'df/ kGtsfg"gL ;Nnfxsf/h'l/i6 P08 s+=

/fds[i0f lg/fnfsfg"gL ;Nnfxsf/

dg' n kmd{

ladn /fh g]kfnjl/i7 ;Nnfxsf/bfjL tyf k'gaL{df

;ljtf df:s]gfoa dxfk|aGwsc08//fOl6·

plbt sfn];xfos dxfk|aGws

cg';Gwfg tyf ljsf;

al/idf cfrfo{ -;fpb_;xfos dxfk|aGwsbfjL tyf xjfO{ aLdf

k|HHjn cfrfo{;xfos dxfk|aGws

k"jf{~rn If]qLo sfof{no

/fh]Gb| k|;fb >]i7;+rfns

;'/h /fhjfxsn]vf k|aGws tyfsDkgL ;lrj

k|sfz yfkfjl/i7 k|aGws

bfjL

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Shikhar Insurance Co. Ltd.Head Office

Shikhar Biz Centre, ThapathaliP.O. Box: 10692, Kathmandu, Nepal

Tel: 4246101, 4246102, Fax: 977-1-4246103E-mail: [email protected]

www.shikharinsurance.com

Bancassurance:• Kumari Bank Ltd., New Road

• Global IME Bank Ltd., Kantipath

New Road BranchShiva Arcade, 2nd FloorBasantapur, New Road, KathmanduTel: 4239960, 4239961Fax: 977-1-4215799

Thapathali BranchThapathali, Kathmandu, NepalTel: 4246101, 4246102Fax: 977-1-4246103

Ekantakuna BranchEkantakuna, LalitpurTel: 5552805Fax: 977-1-5539804

Satdobato BranchTalchhikhel, Satdobato, LalitpurTel: 5152414Fax: 977-1-5152414

Biratnagar BranchChandra Complex, Himalaya RoadMahendra Chowk, BiratnagarTel: 021-538390, Fax: 977-21-538391

Birgunj BranchMain Road, BirgunjTel: 051-528181Fax: 977-51-528088

Pokhara BranchNew Road, PokharaTel: 061-523100Fax: 977-61-520333

Nepalgunj BranchDhamboji, Surkhet Road, NepalgunjTel: 081-527464Fax: 977-81-527465

Butwal BranchTraffic Chowk, ButwalTel: 071-542568Fax: 977-71-543568

Hetauda BranchBank Road, HetaudaTel: 057-526778Fax: 977-57-526779

Chabahil BranchChuchchepati,Chabahil, KathmanduTel: 4481707Fax: 977-1- 4481932

Bardibas BranchBardibas-1, MahottariTel: 044-550697Fax: 977-44-550697

Nuwakot BranchBidur-4, BattarTel: 0561829Fax: 977-1-0561829

Bhairahawa BranchNaya Sadak-7, BhairahawaTel: 071-520141Fax: 977-71-520141

Dhading BranchNilkantha-3, DhadingTel: 10-521300Fax: 977-10-521300

Gongabu BranchBuddha Mall, Machhapokhari, GongabuTel: 4350722Fax: 977-1-4350793

Kawasoti BranchKawasoti-8, Savapati Chowk, NawalparasiTel: 9855050917

Damak BranchMain Road, DamakTel: 9801120216

Narayangarh BranchShahid Chowk, Narayangarh, ChitwanTel: 056-572385Fax: 977-56-572386

Itahari BranchItahari-4, Main Road(Infront of Yatayat Office)Tel/Fax: 025-585273

Birtamod BranchBirtamod, JhapaTel: 023-545666Fax: 977-23-545666

Dhangadhi BranchGodawari Road, ChaurahaDhangadhi, KailaliTel: 091-526895

Lahan BranchLahan-8, SirahaTel: 033-560932Fax: 977-33-560932

Dang BranchSahid Umesh Marg, Ghorahi, DangTel: 082-563549Fax: 977-82-563549

Jumla BranchChandan Nath, JumlaTel: 087-520625

Dumre BranchBandipur-1, Chisapani, TanahuTel: 065-580380Fax: 977-65-580380

Waling BranchWaling-3, SyangjaTel: 063-440701Fax: 977-63-440701

Bhaktapur BranchSrijananagar, BhaktapurTel: 6610720