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 |