| FORM NL-18-PROVISIONS SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| . | . | . | (Rs '000) |
| . | Particulars | NINE MONTH ENDING 31.12.2012 | NINE MONTH ENDING 31.12.2011 |
| 1 | Reserve for Unexpired Risk | 73592 392 | 67354 525 |
| 2 | Reserve for Premium Deficiency
|
0 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 0 | 0 |
| 6 | For dividend distribution tax | 0 | 0 |
| 7 | For Doubtful Loans, Investment and Debts | 4065 413 | 2866 735 |
| 8 | For Leave Encashment | 164 677 | 89 941 |
| 9 | Provision for Pension | 88 404 | 84 999 |
| 10 | Provision for Gratuity | 6 515 | 40 000 |
| 11 | Provision for Settlement | 7 067 | 6 660 |
| 12 | For Salary Arrears | 0 | 0 |
| 13 | For PLLI Arrears | 0 | 9 436 |
| TOTAL | 77924 468 | 70452 296 | |