| PERIODIC DISCLOSURES | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| FORM NL-21 | Statement of Liabilities | ||||||||
| Insurer: | General Insurance Corporation of India | Date: | 31.03.2017 | ||||||
| (` in Lakhs) | |||||||||
| Statement of Liabilities | |||||||||
| As On 31.03.2017 | As on 31.03.2016 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 | 306869.57 | 589650.95 | 277696.02 | 1174216.54 | 266348.59 | 510689.06 | 219321.55 | 996359.21 |
| 2 | Marine | 68460.77 | 124591.70 | 54777.42 | 247829.88 | 85504.82 | 110360.21 | 46039.95 | 241904.98 |
| a | Marine Cargo | 19533.35 | 44200.87 | 15769.66 | 79503.88 | 30081.60 | 42866.64 | 16123.78 | 89072.03 |
| b | Marine Hull | 48927.41 | 80390.82 | 39007.76 | 168326.00 | 55423.21 | 67493.57 | 29916.16 | 152832.95 |
| 3 | Miscellaneous | 634010.78 | 810020.34 | 987011.00 | 2431042.12 | 387196.38 | 732358.48 | 347704.15 | 1467259.00 |
| a | Motor | 328796.73 | 528018.77 | 260617.19 | 1117432.69 | 225563.24 | 398105.87 | 213505.15 | 837174.26 |
| b | Aviation | 28514.29 | 58134.26 | 23845.43 | 110493.98 | 18501.41 | 62368.50 | 23132.85 | 104002.75 |
| c | Engineering | 42403.42 | 103536.72 | 60142.88 | 206083.03 | 39148.06 | 116347.59 | 48630.82 | 204126.47 |
| d | W.C. | 1763.85 | 1306.65 | 2277.75 | 5348.24 | 1267.34 | 1571.89 | 529.98 | 3369.21 |
| e | Liabilities | 10662.18 | 10658.64 | 9167.92 | 30488.74 | 7090.09 | 10828.48 | 6432.91 | 24351.49 |
| f | Personal Accident | 25399.42 | 12117.89 | 15608.57 | 53125.88 | 19059.62 | 12299.65 | 7860.16 | 39219.43 |
| g | Other Miscellaneous | 179444.32 | 58145.39 | 597259.20 | 834848.91 | 71054.03 | 66442.03 | 32806.72 | 170302.77 |
| h | FL/Credit | 7815.11 | 33695.44 | 4043.31 | 45553.85 | 6585.73 | 62469.30 | 6258.46 | 75313.48 |
| i | Life | 9211.47 | 4406.58 | 14048.75 | 27666.80 | -1073.14 | 1925.18 | 8547.10 | 9399.14 |
| 4 | Health Insurance | 201458.04 | 55292.93 | 58347.50 | 315098.47 | 125783.53 | 28846.51 | 95436.22 | 250066.25 |
| 5 | Total Liabilities | 1210799.16 | 1579555.92 | 1377831.94 | 4168187.02 | 864833.31 | 1382254.26 | 708501.87 | 2955589.44 |