| FORM NL-33 - SOLVENCY MARGIN - KGII | |||
|---|---|---|---|
| TABLE - II | |||
| Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| Solvency for the 1st Quarter ended 30.6.12 | |||
| 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): | 25625 25.53 | |
| - | Deduct: | - | - |
| 2 | Liabilities (reserves as mentioned in Form HG) | 24444 78.35 | |
| 3 | Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) | NIL | |
| 4 | Excess in Policyholders’ Funds (1-2-3) | 1180 47.18 | |
| 5 | Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): | 8309 44.62 | |
| - | Deduct: | - | - |
| 6 | Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) | 2203 98.33 | |
| 7 | Excess in Shareholders’ Funds (5-6) | 6105 46.29 | |
| 8 | Total Available Solvency Margin [ASM] (4+7) | 7285 93.47 | |
| 9 | Total Required Solvency Margin [RSM] | 3744 83.16 | |
| 10 | Solvency Ratio (Total ASM/Total RSM) | 1.95 | |