| TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 31 December 2017 | |||
| General Insurance Corporation of India | |||
| Registration Number: 112 | |||
| Date of Registration: 02-04-2001 | |||
| Classification: Total Business | (` in Lacs) | ||
| Item | Description | Amount | |
|---|---|---|---|
| (1) | (2) | (3) | |
| A | Policy-holder's Funds | ||
| Available Assets (as per IRDAI-GI-TA) | 58057 99.19 | ||
| Deduct: | |||
| B | Current liabilities as per BS | 40368 79.54 | |
| C | Provision as per BS | 11693 18.98 | |
| D | Other Liabilities | 3009 42.37 | |
| E | Excess in Policyholders’ Funds (A-B-C-D)* | 298658.29 | |
| Shareholder's Funds | |||
| F | Available Assets | 17940 74.86 | |
| Deduct: | |||
| G | Other Liabilities | 1047 38.51 | |
| H | Excess in Shareholders’ Funds (F-G) | 16893 36.35 | |
| I | Total Available Solvency Margin [ASM] (E+H) | 19879 94.64 | |
| J | Total Required Solvency Margin [RSM] | 10616 57.38 | |
| K | Solvency Ratio (Total ASM/Total RSM) | 1.87 | |
| # The above table includes the RSM for Life Re is RS 609,86.05 lakhs | |||