| TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT
30.06.2019 |
|
| General
Insurance Corporation of India |
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| Registration Number: 112 |
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| Date of
Registration: 02-04-2001 |
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| Classification:
Total Business |
(`
in Lacs) |
|
| Item |
Description |
Amount |
|
| (1) |
(2) |
(3) |
|
| A |
Policy-holder's Funds |
|
|
| |
Available Assets (as per
IRDAI-GI-TA) |
79397 44.73 |
|
| |
Deduct: |
|
|
| B |
Current liabilities as per BS |
53330 66.27 |
|
| C |
Provision as per BS |
16786 70.38 |
|
| D |
Other Liabilities |
4799 11.57 |
|
| E |
Excess in Policyholders’ Funds (A-B-C-D)* |
448096.51 |
|
| |
Shareholder's Funds |
|
|
| F |
Available Assets |
18697 97.28 |
|
| |
Deduct: |
|
|
| G |
Other Liabilities |
765 04.73 |
|
| H |
Excess in Shareholders’ Funds (F-G) |
17932 92.54 |
|
| I |
Total Available Solvency Margin
[ASM] (E+H) |
22413 89.05 |
|
| J |
Total Required Solvency
Margin [RSM] |
11860 42.21 |
|
| K |
Solvency Ratio (Total ASM/Total
RSM) |
1.89 |
|
| * Though Policyholder's fund is in minus,GIC Re has sufficient
shareholder's funds to support and meet the liabilities,if required. |
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| # The above table includes the RSM for Life Re is
RS 81,498.54 lakhs |
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