| PERIODIC DISCLOSURES | |||||||||
| FORM NL-21 | Statement of Liabilities | ||||||||
| Insurer: | General Insurance Corporation of India | Date: | 31.12.2018 | ||||||
| (` in Lacs) | |||||||||
| Statement of Liabilities | |||||||||
| As on 31.12.2018 | As on 31.12.2017 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 | 364045.56 | 799361.68 | 438278.88 | 1601686.11 | 356854.61 | 584583.50 | 491799.80 | 1433237.91 |
| 2 | Marine | 104195.22 | 97439.99 | 78526.38 | 280161.58 | 81052.93 | 83615.13 | 83660.17 | 248328.23 |
| a | Marine Cargo | 27527.31 | 43710.25 | 24043.14 | 95280.70 | 18469.21 | 36366.88 | 24641.72 | 79477.80 |
| b | Marine Hull | 76667.90 | 53729.74 | 54483.24 | 184880.88 | 62583.72 | 47248.25 | 59018.45 | 168850.42 |
| 3 | Miscellaneous | 588555.98 | 1377671.71 | 1840814.75 | 3807042.44 | 569792.87 | 1132394.91 | 1479907.72 | 3182095.51 |
| a | Motor | 277801.72 | 610614.91 | 508825.01 | 1397241.65 | 244768.98 | 502077.23 | 364587.26 | 1111433.47 |
| b | Aviation | 42484.40 | 78699.36 | 45406.41 | 166590.17 | 32782.25 | 69290.83 | 40388.63 | 142461.71 |
| c | Engineering | 49724.74 | 116432.62 | 77243.91 | 243401.28 | 45899.10 | 112113.00 | 65120.59 | 223132.69 |
| d | W.C. | 2629.05 | 2559.12 | 7101.02 | 12289.20 | 1981.05 | 1682.04 | 3301.48 | 6964.57 |
| e | Liabilities | 18488.30 | 18041.52 | 20754.94 | 57284.76 | 15585.58 | 11354.02 | 9438.08 | 36377.69 |
| f | Personal Accident | 30969.52 | 23482.75 | 32651.06 | 87103.33 | 21763.27 | 13841.93 | 22215.74 | 57820.93 |
| g | Agriculture | 125132.70 | 393867.29 | 1057052.72 | 1576052.70 | 141150.35 | 1207248.68 | 0.00 | 1348399.02 |
| h | Other Miscellaneous | 14301.02 | 55890.25 | 47486.61 | 117677.88 | 47771.63 | -828914.66 | 943780.55 | 162637.53 |
| i | FL/Credit | 15685.56 | 70676.09 | 15053.76 | 101415.40 | 7015.66 | 34689.38 | 10532.28 | 52237.33 |
| j | Life | 11338.96 | 7407.79 | 29239.31 | 47986.07 | 11074.99 | 9012.47 | 20543.11 | 40630.57 |
| 4 | Health Insurance | 167681.85 | 92419.89 | 143336.15 | 403437.89 | 134271.41 | 91012.03 | 89906.27 | 315189.72 |
| 5 | Total Liabilities | 1224478.61 | 2366893.27 | 2500956.16 | 6092328.03 | 1141971.83 | 1891605.58 | 2145273.96 | 5178851.37 |