Thomas Cook Insurance(Services) India Ltd Management Discussions.

THOMAS COOK INSURANCE SERVICES (INDIA) LIMITED ANNUAL REPORT - 2006 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS The focus of the Company this year was on business consolidation and it continues to show satisfactory results. The Companys sales consist of products which are usually customised keeping in mind the need of its clients. The Companys portfolio covers products which meets the needs of students, corporates and emigrants in addition to the leisure travellers. The product for domestic travellers is under development and is likely to be launched in next year. The focus this year was to promote the TRAVEL CARE & SCHOLAR CARE, the branded products of the Company. Our Principal, TATA AIG General Insurance Company Limited, continues to underwrite all risks. We continue to explore avenues to cross sell other insurance products in addition to the Travel Insurance.