| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
|---|---|---|---|
| PROVISIONS | |||
| (` '000) | |||
| Particulars | TWELVE MONTH ENDING 31.03.2014 | TWELVE MONTH ENDING 31.03.2013 | |
| 1 | Reserve for Unexpired Risk | 71476 261 | 74989 739 |
| 2 | Reserve for Premium Deficiency | 0 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 3311 000 | 4687 000 |
| 6 | For dividend distribution tax | 562 704 | 796 556 |
| 7 | For Doubtful Loans, Investment and Debts | 5364 543 | 4115 696 |
| 8 | For Leave Encashment | 221 463 | 165 616 |
| 9 | Provision for Pension | 235 597 | 59 891 |
| 10 | Provision for Gratuity | -12 100 | 0 |
| 11 | Provision for Settlement | 10 648 | 8 800 |
| 12 | For Salary Arrears | 77 200 | 29 700 |
| 13 | For PLLI Arrears | 16 800 | 15 500 |
| TOTAL | 81264 116 | 84868 498 | |