FORM NL-21- Statement of Liabilities

      
                

Insurer: General Insurance Corporation of India

Date:

31.03.2020

      
                
         

(Rs. in Lacs)

      

Statement of Liabilities

      
      
  

As on 31.03.2020

As on 31.03.2019  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

477246.11

855810.35

540966.11

1874022.57

359158.73

839790.43

402862.56

1601811.72

      

2

Marine

128204.71

128338.54

81735.58

338278.83

110509.71

108547.72

69998.93

289056.36

      

a

Marine Cargo

51346.00

38318.02

29851.83

119515.85

30824.93

44611.42

16630.72

92067.07

      

b

Marine Hull

76858.71

90020.52

51883.75

218762.98

79684.78

63936.30

53368.21

196989.29

      

3

Miscellaneous

786426.16

1710163.02

2063546.51

4560135.69

646168.70

1443950.79

1486237.09

3576356.57

      

a

Motor

352950.95

799911.96

639440.51

1792303.42

273884.92

635324.42

555555.46

1464764.80

      

b

Aviation

61407.35

91799.84

58153.28

211360.46

44708.57

78840.39

32535.93

156084.89

      

c

Engineering

56261.26

144307.53

77824.99

278393.77

44528.29

116869.45

60462.63

221860.36

      

d

W.C.

1022.34

3868.01

4255.76

9146.11

2432.41

2742.95

3809.62

8984.98

      

e

Liabilities

36381.82

32202.09

48160.44

116744.35

23202.57

17105.55

30589.20

70897.32

      

f

Personal Accident

33374.18

36691.61

38867.40

108933.18

29917.43

27114.03

32342.47

89373.92

      

g

Agriculture

174164.15

501242.88

1092253.51

1767660.54

159960.61

432060.72

692453.24

1284474.57

      

h

Other Miscellaneous

34357.36

16209.00

36910.10

87476.46

40496.53

51831.20

36286.30

128614.03

      

i

FL/Credit

14535.39

66329.91

27986.32

108851.62

16020.72

66171.59

15665.75

97858.06

      

j

Life

21971.36

17600.21

39694.21

79265.78

11016.65

15890.49

26536.49

53443.64

      

4

Health Insurance

155449.58

185884.38

166726.16

508060.12

180491.05

85528.50

116256.94

382276.49

      

5

Total Liabilities

1547326.55

2880196.30

2852974.37

7280497.21

1296328.19

2477817.44

2075355.52

5849501.15

      
                

1. IBNR is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous.