| PERIODIC DISCLOSURES | |||||||||
| FORM NL-21 | Statement of Liabilities | ||||||||
| Insurer: | General Insurance Corporation of India | Date: | 30.09.2016 | ||||||
| Statement of Liabilities | |||||||||
| As On 30.09.2016 | As on 30.09.2015 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 | 281765.14 | 566277.52 | 257108.37 | 1105151.02 | 206226.44 | 503143.08 | 273043.04 | 982412.55 |
| 2 | Marine | 72109.85 | 112185.90 | 53099.57 | 237395.31 | 76652.02 | 124917.48 | 30298.97 | 231868.48 |
| a | Marine Cargo | 19749.02 | 43931.63 | 18739.43 | 82420.09 | 29832.85 | 50272.72 | 8216.11 | 88321.67 |
| b | Marine Hull | 52360.82 | 68254.26 | 34360.13 | 154975.22 | 46819.17 | 74644.77 | 22082.86 | 143546.81 |
| 3 | Miscellaneous | 703227.49 | 758564.59 | 543895.23 | 2005687.32 | 370070.26 | 769747.70 | 240832.95 | 1380650.91 |
| a | Motor | 246586.80 | 433405.07 | 228196.02 | 908187.89 | 201233.55 | 383939.55 | 139222.83 | 724395.92 |
| b | Aviation | 23449.33 | 56528.94 | 22637.77 | 102616.05 | 19953.64 | 76316.60 | 16378.95 | 112649.20 |
| c | Engineering | 53855.20 | 127897.16 | 48697.84 | 230450.20 | 34262.03 | 136238.75 | 43023.56 | 213524.34 |
| d | W.C. | 1843.29 | 1311.84 | 2390.72 | 5545.85 | 1069.62 | 1319.39 | 171.67 | 2560.69 |
| e | Liabilities | 7976.23 | 22614.72 | 7709.44 | 38300.38 | 6435.85 | 15519.44 | 4102.19 | 26057.48 |
| f | Personal Accident | 21693.65 | 11723.97 | 10289.15 | 43706.78 | 18339.87 | 11531.63 | 6790.29 | 36661.79 |
| g | Other Miscellaneous | 327537.07 | 65250.03 | 207528.49 | 600315.59 | 77333.34 | 63660.61 | 23934.59 | 164928.54 |
| h | FL/Credit | 7775.18 | 33193.27 | 7445.81 | 48414.26 | 6880.03 | 76434.32 | 2358.29 | 85672.65 |
| i | Life | 12510.75 | 6639.59 | 8999.98 | 28150.32 | 4562.34 | 4787.41 | 4850.56 | 14200.31 |
| 4 | Health Insurance | 146168.16 | 32646.99 | 104315.45 | 283130.60 | 113414.99 | 18526.53 | 119071.70 | 251013.22 |
| 5 | Total Liabilities | 1203270.64 | 1469675.00 | 958418.61 | 3631364.26 | 766363.71 | 1416334.79 | 663246.66 | 2845945.16 |