| TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 31 March 2018 | |||
| 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) | 57516 78.22 | ||
| Deduct: | |||
| B | Current liabilities as per BS | 41175 46.76 | |
| C | Provision as per BS | 11905 89.89 | |
| D | Other Liabilities | 3708 61.10 | |
| E | Excess in Policyholders’ Funds (A-B-C-D)* | 72680.48 | |
| Shareholder's Funds | |||
| F | Available Assets | 18720 91.82 | |
| Deduct: | |||
| G | Other Liabilities | 1128 19.64 | |
| H | Excess in Shareholders’ Funds (F-G) | 17592 72.19 | |
| I | Total Available Solvency Margin [ASM] (E+H) | 18319 52.66 | |
| J | Total Required Solvency Margin [RSM] | 10647 33.59 | |
| K | Solvency Ratio (Total ASM/Total RSM) | 1.72 | |
| # The above table includes the RSM for Life Re is RS 66,001.41 lakhs | |||