| FORM NL-17-CURRENT LIABILITIES SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| CURRENT LIABILITIES | |||
| (` '000) | |||
| Particulars | As at 31.03.2017 | As at 31.03.2016 | |
| 1 | Agents’ Balances | 0 | 0 |
| 2 | Balances due to other insurance companies | 14996 763 | 16595 935 |
| 3 | Deposits held on re-insurance ceded | 20789 348 | 18336 851 |
| 4 | Premiums received in advance | 0 | 0 |
| 5 | Unallocated Premium | 0 | 0 |
| 6 | Sundry creditors | 879 962 | 692 202 |
| 7 | Service tax liability | 173 383 | 0 |
| 8 | Claims Outstanding | 295738 786 | 209075 613 |
| 11 | Terrorism Pool Liabilities | 0 | 55475 318 |
| 12 | Others | 0 | 0 |
| TOTAL | 332578 242 | 300175 919 | |