| PERIODIC DISCLOSURES | |||||||||
| FORM NL-21 | Statement of Liabilities | ||||||||
| Insurer: | General Insurance Corporation of India | Date: | |||||||
| (` in Lacs) | |||||||||
| Statement of Liabilities | |||||||||
| As On 31.12.2015 | As on 31.12.2014 For the corresponding previous year | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Sr. 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 | 198287.33 | 529827.81 | 273043.04 | 1001158.17 | 217696.59 | 513419.89 | 226291.60 | 957408.08 |
| 2 | Marine | 84175.89 | 121337.42 | 30298.97 | 235812.27 | 95005.48 | 123882.30 | 15290.37 | 234178.15 |
| a | Marine Cargo | 34949.35 | 46932.95 | 8216.11 | 90098.41 | 32519.50 | 47569.00 | 3150.62 | 83239.13 |
| b | Marine Hull | 49226.54 | 74404.46 | 22082.86 | 145713.87 | 62485.98 | 76313.30 | 12139.74 | 150939.02 |
| 3 | Miscellaneous | 380506.17 | 801530.39 | 240832.95 | 1422869.51 | 342651.51 | 767751.21 | 188866.96 | 1299269.68 |
| a | Motor | 217812.29 | 405826.46 | 139222.83 | 762861.58 | 184722.44 | 400658.51 | 93938.33 | 679319.28 |
| b | Aviation | 21083.34 | 75029.46 | 16378.95 | 112491.75 | 26461.42 | 66924.20 | 20147.90 | 113533.52 |
| c | Engineering | 37482.94 | 142324.97 | 43023.56 | 222831.47 | 37452.26 | 156043.03 | 58776.98 | 252272.27 |
| d | W.C. | 1219.96 | 1599.60 | 171.67 | 2991.24 | 921.20 | 1992.02 | 70.86 | 2984.08 |
| e | Liabilities | 5868.62 | 15447.35 | 4102.19 | 25418.16 | 5822.01 | 12286.99 | 1476.37 | 19585.36 |
| f | Personal Accident | 19845.98 | 12182.91 | 6790.29 | 38819.18 | 12940.43 | 8729.27 | 2623.43 | 24293.13 |
| g | Other Miscellaneous | 64694.93 | 65762.97 | 23934.59 | 154392.50 | 59913.99 | 73258.84 | 8821.35 | 141994.19 |
| h | FL/Credit | 6253.73 | 78231.02 | 2358.29 | 86843.04 | 10765.51 | 44542.94 | 683.54 | 55991.99 |
| i | Life | 6244.38 | 5125.64 | 4850.56 | 16220.58 | 3652.25 | 3315.41 | 2328.20 | 9295.85 |
| 4 | Health Insurance | 108736.09 | 31391.51 | 119071.70 | 259199.31 | 98513.03 | 17448.08 | 71092.61 | 187053.73 |
| 5 | Total Liabilities | 771705.48 | 1484087.12 | 663246.66 | 2919039.26 | 753866.61 | 1422501.48 | 501541.54 | 2677909.64 |