| FORM NL-21Statement of Liabilities | |||||||||
| General Insurance Corporation of India | |||||||||
| - | - | - | - | (` in Lacs) | - | - | - | - | |
| Statement of Liabilities | |||||||||
| - | - | As On 31.12.2011 | - | - | - | As on 31.12.2010 For the corresponding previous year | - | - | - |
| Sl.No. | Particular | Reserves for unexpired risks | Reserve for Outstanding Claims | IBNR Reserves | Total Reserves | Reserves for unexpired risks | Reserve for Outstanding Claims | IBNR Reserves | Total Reserves |
| 1 | Fire | 169091.96 | 503714.07 | 40293.81 | 713099.85 | 132880.87 | 311183.75 | 19241 | 463305.62 |
| 2 | Marine | 106932.29 | 104201.85 | 17352.09 | 228486.24 | 92922.47 | 90675.28 | 13363.00 | 196960.75 |
| a | Marine Cargo | 49272.30 | 48466.44 | 2148.93 | 99887.68 | 54080.67 | 34926.08 | 1468.00 | 90474.75 |
| b | Marine Hull | 57659.99 | 55735.42 | 15203.16 | 128598.56 | 38841.80 | 55749.20 | 11895.00 | 106486.00 |
| 3 | Miscellaneous | 397520.99 | 728306.98 | 73284.69 | 1199112.67 | 314523.49 | 522362.83 | 57728.00 | 894614.32 |
| a | Motor | 144082.90 | 477712.87 | 11169.96 | 632965.73 | 113339.44 | 307252.76 | 32508.00 | 453100.20 |
| b | Engineering | 37887.43 | 68756.74 | 6952.13 | 113596.31 | 33078.59 | 64723.83 | 5999.00 | 103801.42 |
| c | Aviation | 28921.08 | 49351.55 | 16152.24 | 94424.87 | 29892.57 | 47752.31 | 6979.00 | 84623.88 |
| d | Liabilities | 9034.67 | - | - | 9034.67 | 7508.31 | - | - | 7508.31 |
| e | Others | 160205.30 | 132485.81 | 39010.36 | 331701.47 | 56968.02 | 102633.93 | 12242.00 | 171843.95 |
| 4 | Health Insurance | 17389.62 | - | - | 17389.62 | 73736.56 | - | - | 73736.56 |
| 5 | Total Liabilities | 673545.25 | 1336222.90 | 130930.60 | 2140698.75 | 540326.83 | 924221.86 | 90332.00 | 1554880.69 |
| 1. IBNR is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous. | |||||||||