| FORM NL-33 - SOLVENCY MARGIN - KGII | |||
|---|---|---|---|
| TABLE - II | |||
| Insurer: | GENERAL INSURANCE CORPORATION OF INDIA. | - | - |
| Solvency for the Half Year ended on 31.03.2011 | - | - | |
| 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 | - | - |
| - | of Assets as mentioned in Form IRDA-Assets-AA): | - | 1795139.22 |
| - | Deduct: | - | - |
| 2 | Liabilities (reserves as mentioned in Form HG) | - | 1663698.99 |
| 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) | - | 131440.23 |
| 5 | Available Assets in Shareholders’ Funds (value of | - | 1185078.162 |
| - | Assets as mentioned in Form IRDA-Assets-AA): | - | - |
| - | Deduct: | - | - |
| 6 | Other Liabilities (other liabilities in respect of | - | - |
| - | Shareholders’ Fund as mentioned in Balance Sheet) | - | 420234.48 |
| 7 | Excess in Shareholders’ Funds (5-6) | - | 764843.68 |
| 8 | Total Available Solvency Margin [ASM] (4+7) | - | 896283.91 |
| 9 | Total Required Solvency Margin [RSM] | - | 267562.58 |
| 10 | Solvency Ratio (Total ASM/Total RSM) | - | 3.35 |