| PERIODIC DISCLOSURES | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| FORM NL-21 | Statement of Liabilities | |||||||||
| Insurer: | General Insurance Corporation of India | Date: | ||||||||
| (` in Lacs) | ||||||||||
| Statement of Liabilities | ||||||||||
| As On 31.12.2014 | As on 31.12.2013 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 | 217696.59 | 513419.89 | 226291.60 | 957408.08 | 170370.16 | 548439.52 | 193506.40 | 912316.07 | |
| 2 | Marine | 95005.48 | 123882.30 | 15290.37 | 234178.15 | 95690.10 | 115400.67 | 18801.54 | 229892.31 | |
| a | Marine Cargo | 32519.50 | 47569.00 | 3150.62 | 83239.13 | 37225.82 | 51178.35 | 6395.98 | 94800.15 | |
| b | Marine Hull | 62485.98 | 76313.30 | 12139.74 | 150939.02 | 58464.27 | 64222.32 | 12405.56 | 135092.15 | |
| 3 | Miscellaneous | 342651.51 | 767751.21 | 188866.96 | 1299269.68 | 359385.89 | 860612.66 | 202765.74 | 1422764.28 | |
| a | Motor | 184722.44 | 400658.51 | 93938.33 | 679319.28 | 192325.90 | 502825.98 | 120305.43 | 815457.31 | |
| b | Aviation | 26461.42 | 66924.20 | 20147.90 | 113533.52 | 21898.33 | 58612.83 | 22818.71 | 103329.87 | |
| c | Engineering | 37452.26 | 156043.03 | 58776.98 | 252272.27 | 37233.03 | 131055.09 | 23077.46 | 191365.58 | |
| d | W.C. | 921.20 | 1992.02 | 70.86 | 2984.08 | 1490.51 | 764.27 | 1787.67 | 4042.45 | |
| e | Liabilities | 5822.01 | 12286.99 | 1476.37 | 19585.36 | 3094.54 | 10460.60 | 5175.26 | 18730.40 | |
| f | Personal Accident | 12940.43 | 8729.27 | 2623.43 | 24293.13 | 22147.06 | 4870.07 | 12096.64 | 39113.78 | |
| g | Other Miscellaneous | 59913.99 | 73258.84 | 8821.35 | 141994.19 | 61165.42 | 70524.44 | 10875.13 | 142564.99 | |
| h | FL/Credit | 10765.51 | 44542.94 | 683.54 | 55991.99 | 13324.04 | 79856.80 | 4218.21 | 97399.05 | |
| i | Life | 3652.25 | 3315.41 | 2328.20 | 9295.85 | 6707.06 | 1642.57 | 2411.22 | 10760.85 | |
| 4 | Health Insurance | 98513.03 | 17448.08 | 71092.61 | 187053.73 | 87250.69 | 15143.97 | 60620.46 | 163015.11 | |
| 5 | Total Liabilities | 753866.61 | 1422501.48 | 501541.54 | 2677909.64 | 712696.83 | 1539596.81 | 475694.13 | 2727987.77 | |