| PERIODIC DISCLOSURES | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| FORM NL-21 | Statement of Liabilities | ||||||||
| Insurer: | General Insurance Corporation of India | Date: | |||||||
| (` in Lacs) | |||||||||
| Statement of Liabilities | |||||||||
| As on 31.12.2017 | As on 31.12.2016 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 | 356854.61 | 584583.50 | 491799.80 | 1433237.91 | 312090.77 | 591921.45 | 262811.46 | 1166823.68 |
| 2 | Marine | 81052.93 | 83615.13 | 83660.17 | 248328.23 | 62337.85 | 112288.22 | 58180.52 | 232806.59 |
| a | Marine Cargo | 18469.21 | 36366.88 | 24641.72 | 79477.80 | 17870.74 | 41114.32 | 20867.32 | 79852.38 |
| b | Marine Hull | 62583.72 | 47248.25 | 59018.45 | 168850.42 | 44467.11 | 71173.90 | 37313.20 | 152954.22 |
| 3 | Miscellaneous | 569792.87 | 1132394.91 | 1479907.72 | 3182095.51 | 823492.61 | 823249.83 | 632031.31 | 2278773.76 |
| a | Motor | 244768.98 | 502077.23 | 364587.26 | 1111433.47 | 295103.16 | 493402.36 | 247355.09 | 1035860.62 |
| b | Aviation | 32782.25 | 69290.83 | 40388.63 | 142461.71 | 24633.57 | 61661.97 | 25214.43 | 111509.97 |
| c | Engineering | 45899.10 | 112113.00 | 65120.59 | 223132.69 | 61741.02 | 116529.30 | 53640.61 | 231910.93 |
| d | W.C. | 1981.05 | 1682.04 | 3301.48 | 6964.57 | 1657.71 | 1309.35 | 1739.94 | 4707.00 |
| e | Liabilities | 15585.58 | 11354.02 | 9438.08 | 36377.69 | 8653.22 | 13750.51 | 7906.44 | 30310.16 |
| f | Personal Accident | 21763.27 | 13841.93 | 22215.74 | 57820.93 | 23536.81 | 13056.68 | 12540.52 | 49134.02 |
| g | Agriculture | 141150.35 | 1207248.68 | 0.00 | 1348399.02 | 357594.21 | 36293.41 | 229822.19 | 623709.81 |
| h | Other Miscellaneous | 47771.63 | -828914.66 | 943780.55 | 162637.53 | 34896.52 | 44962.04 | 35243.07 | 738811.44 |
| i | FL/Credit | 7015.66 | 34689.38 | 10532.28 | 52237.33 | 6139.22 | 34650.50 | 8107.82 | 48897.53 |
| j | Life | 11074.99 | 9012.47 | 20543.11 | 40630.57 | 9537.17 | 7633.71 | 10461.20 | 27632.08 |
| 4 | Health Insurance | 134271.41 | 91012.03 | 89906.27 | 315189.72 | 197353.55 | 45113.56 | 102500.47 | 344967.58 |
| 5 | Total Liabilities | 1141971.83 | 1891605.58 | 2145273.96 | 5178851.37 | 1395274.78 | 1572573.07 | 1055523.76 | 4023371.60 |