| FORM NL-33 - SOLVENCY MARGIN - KGII | |||
| TABLE - II | - | ||
| Insurer: GENERAL INSURANCE CORPORATION OF INDIA. | |||
| Solvency for the year ended on 31.12.2013 | |||
| Available Solvency Margin and Solvency Ratio | |||
| (` 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): | - | 29172 60.40 |
| - | Deduct: | - | - |
| 2 | Liabilities (reserves as mentioned in Form HG) | - | 27279 87.77 |
| 3 | Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) | - | NIL |
| 4 | Excess in Policyholders’ Funds (1-2-3) | - | 1892 72.63 |
| 5 | Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): | - | 10492 17.52 |
| - | Deduct: | - | - |
| 6 | Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) | - | 2597 58.73 |
| 7 | Excess in Shareholders’ Funds (5-6) | - | 7894 58.79 |
| 8 | Total Available Solvency Margin [ASM] (4+7) | - | 9787 31.42 |
| 9 | Total Required Solvency Margin [RSM] | - | 5467 88.52 |
| 10 | Solvency Ratio (Total ASM/Total RSM) | - | 1.79 |