TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 31 December 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)	69473 43.44
	Deduct:
B	Current liabilities as per BS	48678 49.43
C	Provision as per BS	12726 72.06
D	Other Liabilities	3907 11.56
E	Excess in Policyholders’ Funds (A-B-C-D)*	416110.39
	Shareholder's Funds
F	Available Assets	18763 81.49
	Deduct:
G	Other Liabilities	1368 25.61
H	Excess in Shareholders’ Funds (F-G)	17395 55.88
I	Total Available Solvency Margin [ASM] (E+H)	21556 66.27
J	Total Required Solvency Margin [RSM]	11703 14.13
K	Solvency Ratio (Total ASM/Total RSM)	1.84
# The above table includes the RSM for Life Re is RS 76,479.77 lakhs