| 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 |