| FORM NL-33 - SOLVENCY MARGIN - KGII | |||
|---|---|---|---|
| TABLE - II | |||
| Solvency for the Half Year ended on 30.09.2010 | |||
| Available Solvency Margin and Solvency Ratio | |||
| (` in Lacs) | |||
| Item | Description | Notes No. | Amount |
| (1) | (2) | (3) | (4) |
| 1 | Available Assets in Policyholders’ Funds (adjusted value | 1657420.15 | |
| of Assets as mentioned in Form IRDA-Assets-AA): | |||
| Deduct: | |||
| 2 | Liabilities (reserves as mentioned in Form HG) | 1525508.41 | |
| 3 | Other Liabilities (other liabilities in respect of | ||
| Policyholders’ Fund as mentioned in Balance Sheet) | nil | ||
| 4 | Excess in Policyholders’ Funds (1-2-3) | 131911.74 | |
| 5 | Available Assets in Shareholders’ Funds (value of | 1094621.14 | |
| Assets as mentioned in Form IRDA-Assets-AA): | |||
| Deduct: | |||
| 6 | Other Liabilities (other liabilities in respect of | 337112.45 | |
| Shareholders’ Fund as mentioned in Balance Sheet) | |||
| 7 | Excess in Shareholders’ Funds (5-6) | 757508.69 | |
| 8 | Total Available Solvency Margin [ASM] (4+7) | 889420.43 | |
| 9 | Total Required Solvency Margin [RSM] | 229851.66 | |
| 10 | Solvency Ratio (Total ASM/Total RSM) | 3.87 | |