| FORM NL-33 - SOLVENCY MARGIN - KGII | |||
| TABLE - II | - | ||
| Insurer: GENERAL INSURANCE CORPORATION OF INDIA. | |||
| Solvency for the year ended on 31.03.2014 | |||
| 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): | - | 2992570.56 |
| - | Deduct: | - | - |
| 2 | Liabilities (reserves as mentioned in Form HG) | - | 2702451.25 |
| 3 | Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) | - | NIL |
| 4 | Excess in Policyholders’ Funds (1-2-3) | - | 290119.30 |
| 5 | Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): | - | 1079474.08 |
| - | Deduct: | - | - |
| 6 | Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) | - | 299062.95 |
| 7 | Excess in Shareholders’ Funds (5-6) | - | 780411.13 |
| 8 | Total Available Solvency Margin [ASM] (4+7) | - | 1070530.43 |
| 9 | Total Required Solvency Margin [RSM] | - | 391655.97 |
| 10 | Solvency Ratio (Total ASM/Total RSM) | - | 2.73 |