FORM NL-3-B-BS
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
Registration No.  112
Date of  Registration with the IRDAI : 2nd April, 2001
BALANCE SHEET  AS AT 30.06.2019				( ` IN 000)
	PARTICULARS	SCHEDULE	As at 30.06.2019	As at 30.06.2018
	SOURCES OF FUNDS
	SHARE CAPITAL	NL-8-Share Capital Schedule	8772 000	4386 000
	SHARE APPLICATION MONEY PENDING ALLOTMENT
	RESERVES AND SURPLUS	NL-10-Reserves and Surplus Schedule	224790 563	228987 419
	Deferred Tax Liability		0	0
	FAIR VALUE CHANGE ACCOUNT
	Shareholders fund		72800 465	78485 759
	Policyholders fund		224587 056	221078 207
	BORROWINGS	NL-11-Borrowings Schedule	0	0
	TOTAL		530950 084	532937 385
	APPLICATION OF FUNDS
	INVESTMENTS- Shareholders	NL-12-Investment Schedule	200733 781	201919 611
	INVESTMENTS- Policyholders	NL-12-Investment Schedule	596208 479	552006 839
	LOANS	NL-13-Loans Schedule	2375 943	2601 608
	FIXED ASSETS	NL-14-Fixed Assets Schedule	1928 155	1708 730
	DEFERRED TAX ASSET		25 018	140 817
	CURRENT ASSETS
	Cash and Bank Balances	NL-15-Cash and bank balance Schedule	136798 824	125120 734
	Advances and Other Assets	NL-16-Advancxes and Other Assets Schedule	349695 180	327869 932
	Sub-Total (A)		486494 004	452990 666
	CURRENT LIABILITIES	NL-17-Current Liabilities Schedule	581322 795	526111 137
	PROVISIONS	NL-18-Provisions Schedule	175492 501	152319 749
	DEFERRED TAX LIABILITY
	Sub-Total (B)		756815 296	678430 886
	NET CURRENT ASSETS (C) = (A - B)		-270321 292	-225440 220
	MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)	NL-19-Miscellaneous Expenditure Schedule
	DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
	TOTAL		530950 084	532937 385
CONTINGENT LIABILITIES
	Particulars		As at 30.06.2019	As at 30.06.2018
			(Rs.’000)	(Rs.’000)
1	Partly paid-up investments
2	Claims, other than against policies, not acknowledged as debts by the company		11000	11000
3	Underwriting commitments outstanding (in respect of shares and securities)
4	Guarantees given by or on behalf of the Company		27,310,084.00	20395642
5	Statutory demands/ liabilities in dispute, not provided for		58,494,036.00	17262332
6	Reinsurance obligations to the extent not provided for in accounts
7	Others (to be specified)		126864.00	0
	TOTAL		85941 984	37668 974