| TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 30 SEPTEMBER 2016 |
| General Insurance Corporation of India |
|
| Registration Number: 112 |
|
| Date of Registration: 02-04-2001 |
|
| Classification: Total Business |
. in lakhs |
| (1) |
(2) |
(3) |
| Item |
Description |
Amount |
| (A) |
Policy-holder's FUNDS |
|
| |
Available assets ( as per IRDAI-GI-TA) |
38847 55.75 |
| |
Deduct |
|
| ( B) |
Current Liabilities as per BS |
36313 64.26 |
| ( C) |
Provision as per BS |
NIL |
| ( D) |
Other Liabilities |
325939.41 |
| ( E ) |
Excess in Policy-holder's Funds (A)-(B)-( C)-(D) |
(72547.92) |
| |
Shareholder's FUNDS |
|
| (F) |
Available assets |
16251 21.81 |
| |
Deduct |
|
| (G) |
Other Liabilities |
447 29.20 |
| (H) |
Excess in Shareholder's Funds (F-G) |
15803 92.61 |
| (I) |
Total ASM (E+H) |
15078 44.69 |
| (J) |
Total RSM |
5172 00.42 |
| (K) |
Solvency Ratio (Total ASM/Total RSM) |
2.92 |