General Insurance Corporation of India

Balance Sheet 2020-21

Balance Sheet as at 31 March 2021
Balance Sheet as at 31 March 2021
- Particulars Schedule - Current Year Previous Year
- - - - (` '000) (` '000)
SOURCES OF FUNDS - - - - -
- Share Capital 5 - 8772000 8772000
- Reserves and Surplus 6 - 231714 762 210457 631
- Borrowings 7 - 0 0
- Deferred Tax Liability - - 0 0
- Fair Value Change Account - - - -
- Shareholders Fund - - 61548237 32756864
- Policyholders Fund - - 210360283 116207292
- Total - - 512395 282 368193 787
APPLICATION OF FUNDS - - - - -
- Investments- Shareholders 8 - 212953 203 157037787
- Investments- Policyholders 8a - 698002713 528220442
- Loans 9 - 2124 612 2347 397
- Fixed Asssets 10 - 1692 784 1808 060
- Deferred Tax Asset - - 183 328 207 856
- Current Assets: - - - -
- Cash and Bank Balances 11 182940 927 - 158537 841
- Advances and Other Assets 12 248714 659 - 313802 615
- Sub-Total (A) - 431655 586 - 472340 456
- - - - - -
- Current Liabilities 13 630744 874 - 619127 147
- Provisions 14 203472 070 - 174641 064
- Sub-Total (B) - 834216 944 - 793768 211
- Net Current Assets (C)=(A-B) - - (402561 358) (321427 755)
- Miscellaneous Expenditure 15 - 0 0
- Total - - 512395 282 368193 787
CONTINGENT LIABILITIES - - - 170166 840 147090 705
Page last updated on: 01/05/2026
Visitors : 41145899
 

10th rank

Ranked 10thLargest Global Reinsurer Group(Non-IFRS 17 Reporting Reinsurer- compiled by AM Best)

Quick Links