PERIODIC DISCLOSURES | |||||||||
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FORM NL-21 | Statement of Liabilities | ||||||||
Insurer: | General Insurance Corporation of India | Date: | - | - | - | - | |||
(Rs. in Lacs) | |||||||||
Statement of Liabilities | |||||||||
As On 31.12.2013 | As on 31.12.2012 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 | 170370.15 | 548439.51 | 193506.39 | 912316.07 | 188522.32 | 509800.24 | 181682.98 | 880005.54 |
2 | Marine | 95690.09 | 115400.67 | 18801.54 | 229892.31 | 117982.20 | 110127.69 | 29649.74 | 257759.64 |
a | Marine Cargo | 37225.82 | 51178.35 | 6395.98 | 94800.15 | 54404.57 | 39103.23 | 6575.52 | 100083.32 |
b | Marine Hull | 58464.27 | 64222.32 | 12405.56 | 135092.15 | 63577.63 | 71024.47 | 23074.22 | 157676.32 |
3 | Miscellaneous | 359385.89 | 860612.66 | 202765.74 | 1422764.28 | 334871.99 | 746842.47 | 172001.59 | 1253716.04 |
a | Motor | 192325.90 | 502825.98 | 120305.43 | 815457.31 | 168137.99 | 4437753.54 | 84721.89 | 690613.43 |
b | Aviation | 21898.33 | 58612.83 | 22818.71 | 103329.87 | 22405.74 | 64618.66 | 8729.01 | 95753.41 |
c | Engineering | 37233.03 | 131055.09 | 23077.46 | 191365.58 | 39082.84 | 97184.69 | 6417.80 | 142685.33 |
d | W.C. | 1490.51 | 764.27 | 1787.67 | 4042.45 | 1755.19 | 1569.06 | 1363.84 | 4688.08 |
e | Liabilities | 3094.54 | 10460.60 | 5175.15 | 18730.40 | 8522.32 | 10258.84 | 2195.37 | 20976.53 |
f | Personal Accident | 22147.06 | 4870.07 | 12096.64 | 39113.78 | 22669.43 | 6419.58 | 293.48 | 29382.49 |
g | Other Miscellaneous | 61165.42 | 70524.44 | 10875.13 | 142564.99 | 57660.57 | 102041.22 | 67593.78 | 227295.59 |
h | FL/Credit | 13324.04 | 79856.80 | 4218.21 | 97399.05 | 11684.59 | 25668.33 | 0.00 | 37352.93 |
i | Life | 6707.06 | 1642.57 | 2411.22 | 10760.85 | 2953.29 | 1328.55 | 686.41 | 4968.25 |
4 | Health Insurance | 87250.69 | 15143.97 | 60620.46 | 163015.11 | 94142.98 | 39264.96 | 6965.92 | 140373.85 |
5 | Total Liabilities | 712696.83 | 1539596.81 | 475694.13 | 2727987.77 | 735519.48 | 1406035.37 | 390300.23 | 2531855.08 |