FORM NL-33 - SOLVENCY MARGIN - KGII |
TABLE - II |
Insurer: GENERAL INSURANCE CORPORATION OF INDIA. |
Solvency for the Half Year ended on 31.12.2010 |
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 |
- |
- |
|
of Assets as mentioned in Form IRDA-Assets-AA): |
- |
1697954.53 |
|
Deduct: |
- |
- |
2 |
Liabilities (reserves as mentioned in Form HG) |
- |
15548.80.71 |
|
- |
- |
- |
3 |
Other Liabilities (other liabilities in respect of |
- |
- |
|
Policyholders’ Fund as mentioned in Balance Sheet) |
- |
0.00 |
4 |
Excess in Policyholders’ Funds (1-2-3) |
- |
143073.82 |
|
- |
- |
- |
5 |
Available Assets in Shareholders’ Funds (value of |
- |
1121245.05 |
|
Assets as mentioned in Form IRDA-Assets-AA): |
- |
- |
|
Deduct: |
- |
- |
6 |
Other Liabilities (other liabilities in respect of |
- |
- |
|
Shareholders’ Fund as mentioned in Balance Sheet) |
- |
344188.17 |
7 |
Excess in Shareholders’ Funds (5-6) |
- |
777056.88 |
|
- |
- |
- |
8 |
Total Available Solvency Margin [ASM] (4+7) |
- |
920130.70 |
|
- |
- |
- |
9 |
Total Required Solvency Margin [RSM] |
- |
223674.85 |
|
- |
- |
- |
10 |
Solvency Ratio (Total ASM/Total RSM) |
- |
4.11 |