| FORM NL-33 - SOLVENCY MARGIN - KGII | |||
|---|---|---|---|
| TABLE - II | |||
| Insurer: | GENERAL INSURANCE CORPORATION OF INDIA. | ||
| Solvency for the Quarter ended on 30.06.2010 | |||
| Available Solvency Margin and Solvency Ratio | |||
| (Rs.in Lacs) | |||
| Item | Description | Notes No. | Amount |
| (1) | (2) | (3) | (4) |
| 1 | Available Assets in Policyholders’ Funds (adjusted value | 1616337.30 | |
| of Assets as mentioned in Form IRDA-Assets-AA): | |||
| Deduct: | |||
| 2 | Liabilities (reserves as mentioned in Form HG) | 1445715.32 | |
| 3 | Other Liabilities (other liabilities in respect of | ||
| Policyholders’ Fund as mentioned in Balance Sheet) | |||
| 4 | Excess in Policyholders’ Funds (1-2-3) | 170621.98 | |
| 5 | Available Assets in Shareholders’ Funds (value of | 1030576.38 | |
| Assets as mentioned in Form IRDA-Assets-AA): | |||
| Deduct: | |||
| 6 | Other Liabilities (other liabilities in respect of | 363942.39 | |
| Shareholders’ Fund as mentioned in Balance Sheet) | |||
| 7 | Excess in Shareholders’ Funds (5-6) | 666633.99 | |
| 8 | Total Available Solvency Margin [ASM] (4+7) | 837255.97 | |
| 9 | Total Required Solvency Margin [RSM] | 209984.80 | |
| 10 | Solvency Ratio (Total ASM/Total RSM) | 3.99 | |