FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer:	GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the Quarter ended on 30.06.2011
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		19517 51.27
	of Assets as mentioned in Form IRDA-Assets-AA):
	Deduct:
2	Liabilities (reserves as mentioned in Form HG)		17344 70.91
3	Other Liabilities (other liabilities in respect of		NIL
	Policyholders’ Fund as mentioned in Balance Sheet)
4	Excess in Policyholders’ Funds (1-2-3)		2172 80.36
5	Available Assets in Shareholders’ Funds (value of		11587 97.77
	Assets as mentioned in Form IRDA-Assets-AA):
	Deduct:
6	Other Liabilities (other liabilities in respect of		4456 60.40
	Shareholders’ Fund as mentioned in Balance Sheet)
7	Excess in Shareholders’ Funds (5-6)		7131 37.37
8	Total Available Solvency Margin [ASM]   (4+7)		9304 17.73
9	Total Required Solvency Margin  [RSM]		2759 60.88
10	Solvency Ratio (Total ASM/Total RSM)		3.37