Exhibit 3: A 25-year historical overview of floods in India with as-if loss estimates (if an event happens in 2025)

Source & Disclaimer: Original insured loss figures are based on Swiss Re sigma database and other public sources. For as-if estimates, these have been adjusted to historical property fire premium trends. In the absence of official industry loss estimates, losses are shown with upper and lower ranges to reflect uncertainty in loss estimates. 2025 Sikkim flash flood is not included in the analysis due to significant uncertainty in the estimates; it is presented only to illustrate the potential losses (if insured at full value) that could result from flash flooding in hilly areas.