| PERIODIC DISCLOSURES | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| FORM NL-21 | Statement of Liabilities | ||||||||
| Insurer: | General Insurance Corporation of India | Date: | 3/31/2018 | ||||||
| (` in Lacs) | |||||||||
| Statement of Liabilities | |||||||||
| As on 31.03.2018 | As on 31.03.2017 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 | 358121.57 | 642601.86 | 392022.73 | 1392746.16 | 306869.57 | 589650.95 | 277696.02 | 1174216.54 |
| 2 | Marine | 89989.94 | 91715.79 | 73289.96 | 254995.69 | 68460.77 | 124591.70 | 54777.42 | 247829.89 |
| a | Marine Cargo | 18229.89 | 39873.90 | 19119.22 | 77223.01 | 19533.35 | 44200.87 | 15769.66 | 79503.88 |
| b | Marine Hull | 71760.05 | 51841.89 | 54170.74 | 177772.68 | 48927.42 | 80390.83 | 39007.76 | 168326.01 |
| 3 | Miscellaneous | 580982.99 | 1401132.48 | 1350554.30 | 3332669.77 | 634010.78 | 810020.34 | 987011.00 | 2431042.12 |
| a | Motor | 269469.31 | 520786.61 | 431352.31 | 1221608.23 | 328796.73 | 528018.77 | 260617.19 | 1117432.69 |
| b | Aviation | 31644.20 | 68959.65 | 30646.20 | 131250.05 | 28514.29 | 58134.26 | 23845.43 | 110493.98 |
| c | Engineering | 49567.90 | 104755.32 | 64590.08 | 218913.30 | 42403.42 | 103536.72 | 60142.88 | 206083.03 |
| d | W.C. | 1851.06 | 1465.65 | 4014.46 | 7331.17 | 1763.85 | 1306.65 | 2277.75 | 5348.24 |
| e | Liabilities | 14288.62 | 11698.03 | 14222.45 | 40209.10 | 10662.18 | 10658.64 | 9167.92 | 30488.74 |
| f | Personal Accident | 24116.16 | 15121.15 | 22679.51 | 61916.82 | 25399.42 | 12117.89 | 15608.57 | 53125.88 |
| g | Agriculture | 147212.56 | 568978.64 | 684316.57 | 1400507.77 | 138643.89 | 18042.22 | 573180.24 | 729866.35 |
| h | Other Miscellaneous | 24653.02 | 42284.51 | 67396.05 | 134333.58 | 40800.43 | 40103.17 | 24078.96 | 104982.56 |
| i | FL/Credit | 9088.30 | 56212.29 | 10749.21 | 76049.80 | 7815.11 | 33695.44 | 4043.31 | 45553.86 |
| j | Life | 9091.86 | 10870.63 | 20587.46 | 40549.95 | 9211.47 | 4406.58 | 14048.75 | 27666.80 |
| 4 | Health Insurance | 135545.00 | 76221.89 | 90007.73 | 301774.62 | 201458.04 | 55292.93 | 58347.50 | 315098.47 |
| 5 | Total Liabilities | 1164639.49 | 2211672.03 | 1905874.73 | 5282186.25 | 1210799.16 | 1579555.92 | 1377831.94 | 4168187.02 |