| Name of the Insurer:GENERAL INSURANCE CORPORATION OF INDIA | NL - 18 | ||
|---|---|---|---|
| PROVISIONS | |||
| Particulars | TWELVE MONTH ENDING 31.03.2012 | TWELVE MONTH ENDING 31.03.2011 | |
| - | - | (Rs. '000) | (Rs. '000) |
| 1 | Reserve for Unexpired Risk | 70495 275 | 58070 141 |
| 2 | Reserve for Premium Deficiency | 1414 674 | 0 |
| 3 | For taxation (less advance tax paid and taxes deducted at source) | - | - |
| 4 | For proposed dividends | - | - |
| 5 | For dividend distribution tax | - | - |
| 6 | For Doubtful Loans, Investment and Debts | 4020 016 | 2513 026 |
| 7 | For Leave Encashment | 149 796 | 81 672 |
| 8 | Provision for Pension | 103 593 | 104 245 |
| 9 | Provision for Gratuity | 38 322 | 46 888 |
| 10 | Provision for Settlement | 7 250 | 6 850 |
| 11 | For Salary Arrears | - | - |
| 12 | For PLLI Arrears | 0 | 12 500 |
| 13 | Others (to be specified) | - | - |
| 14 | Reserve for Premium Deficiency | - | - |
| - | TOTAL | 76228 926 | 60835 322 |