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FORM NL-21 |
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Statement of Liabilities |
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Insurer: |
General Insurance Corporation of India |
Date: |
31.12.2019 |
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(` in Lacs) |
Statement of Liabilities |
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As on 31.12.2019 |
As on 31.12.2018 For the corresponding previous year |
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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 |
438615.01 |
835465.02 |
584856.66 |
1858936.69 |
364045.56 |
799361.68 |
438278.88 |
1601686.11 |
|
2 |
Marine |
119993.51 |
124089.62 |
86075.67 |
330158.80 |
104195.22 |
97439.99 |
78526.38 |
280161.58 |
|
a |
Marine Cargo |
42373.50 |
40823.67 |
31907.33 |
115104.51 |
27527.31 |
43710.25 |
24043.14 |
95280.70 |
|
b |
Marine Hull |
77620.01 |
83265.95 |
54168.34 |
215054.29 |
76667.90 |
53729.74 |
54483.24 |
184880.88 |
|
3 |
Miscellaneous |
754601.70 |
1734065.32 |
2112531.95 |
4601198.97 |
588555.98 |
1377671.71 |
1840814.75 |
3807042.44 |
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a |
Motor |
334307.30 |
792663.77 |
614732.99 |
1741704.05 |
277801.72 |
610614.91 |
508825.01 |
1397241.65 |
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b |
Aviation |
53200.80 |
86691.26 |
55493.73 |
195385.79 |
42484.40 |
78699.36 |
45406.41 |
166590.17 |
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c |
Engineering |
52164.18 |
135695.85 |
75889.73 |
263749.76 |
49724.74 |
116432.62 |
77243.91 |
243401.28 |
|
d |
W.C. |
1176.49 |
3292.73 |
4591.44 |
9060.66 |
2629.05 |
2559.12 |
7101.02 |
12289.20 |
|
e |
Liabilities |
35728.66 |
24052.73 |
45645.95 |
105427.33 |
18488.30 |
18041.52 |
20754.94 |
57284.76 |
|
f |
Personal Accident |
28789.55 |
34883.15 |
36120.26 |
99792.96 |
30969.52 |
23482.75 |
32651.06 |
87103.33 |
|
g |
Agriculture |
173032.58 |
521589.80 |
1183940.14 |
1878562.51 |
125132.70 |
393867.29 |
1057052.72 |
1576052.70 |
|
h |
Other Miscellaneous |
39012.75 |
50697.51 |
39047.84 |
128758.11 |
14301.02 |
55890.25 |
47486.61 |
117677.88 |
|
i |
FL/Credit |
16969.10 |
69325.58 |
23193.32 |
109488.00 |
15685.56 |
70676.09 |
15053.76 |
101415.40 |
|
j |
Life |
20220.29 |
15172.94 |
33876.57 |
69269.81 |
11338.96 |
7407.79 |
29239.31 |
47986.07 |
|
4 |
Health Insurance |
157003.98 |
216531.29 |
148263.56 |
521798.83 |
167681.85 |
92419.89 |
143336.15 |
403437.89 |
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5 |
Total Liabilities |
1470214.20 |
2910151.25 |
2931727.85 |
7312093.29 |
1224478.61 |
2366893.27 |
2500956.16 |
6092328.03 |
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1. IBNR is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous. |
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