| FORM NL-17-CURRENT LIABILITIES SCHEDULE |
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
| CURRENT LIABILITIES |
|
|
|
( '000) |
| |
Particulars |
As at 31.12.2016 |
As at 31.12.2015 |
| 1 |
Agents’ Balances |
|
|
| 2 |
Balances due to other insurance companies |
11561 207 |
12431 718 |
| 3 |
Deposits held on re-insurance ceded |
19841 698 |
20343 114 |
| 4 |
Premiums received in advance |
419 892 |
275 374 |
| 5 |
Claims Outstanding |
262809 682 |
214733 379 |
| 6 |
Sundry creditors |
0 |
0 |
| 7 |
Due to subsidiaries/ holding company |
|
0 |
| 8 |
Service Tax Liability |
604 895 |
0 |
| 9 |
Due to Officers/ Directors |
|
|
| 10 |
LPA Liabilities |
0 |
0 |
| 11 |
Terrorism Pool Liabilities |
0 |
0 |
| 12 |
Others (to be specified) |
|
|
| |
TOTAL |
295237 374 |
247783 585 |