| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
|---|---|---|---|
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As at 31st March 2015 | As at 31st March 2014 | |
| 1 | Reserve for Unexpired Risk | 74463 872 | 71476 261 |
| 2 | Reserve for Premium Deficiency | 584 595 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 5400 000 | 3311 000 |
| 6 | For dividend distribution tax | 1099 332 | 562 704 |
| 7 | For Doubtful Loans, Investment and Debts | 6471 674 | 5364 543 |
| 8 | For Leave Encashment | 227 340 | 221 463 |
| 9 | Provision for Pension | 31 109 | 235 597 |
| 10 | Provision for Gratuity | 75 675 | -12 100 |
| 11 | Provision for Settlement | 12 195 | 10 648 |
| 12 | For Salary Arrears | 130 000 | 77 200 |
| 13 | For PLLI Arrears | 16 800 | 16 800 |
| TOTAL | 88512 592 | 81264 116 | |