Form NL-21 - Statement of Liabilities

Insurer: General Insurance Corporation of India

Date: 31.12.2020

(₹ in Lacs)

Statement of Liabilities

As on 31.12.2020

As on 31.12.2019  For the corresponding previous period

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

549978.44

995030.46

715452.72

2260461.62

438615.01

835465.02

584856.66

1858936.69

2

Marine

168406.99

169866.68

105896.48

444170.15

119993.51

124089.62

86075.67

330158.80

a

Marine Cargo

66591.96

56406.35

39484.11

162482.42

42373.50

40823.67

31907.33

115104.51

b

Marine Hull

101815.03

113460.33

66412.36

281687.73

77620.01

83265.95

54168.34

215054.29

3

Miscellaneous

772321.80

1858521.55

1980421.94

4611265.29

754601.70

1734065.32

2112531.95

4601198.97

a

Motor

411669.79

836365.72

746254.43

1994289.94

334307.30

792663.77

614732.99

1741704.05

b

Aviation

50927.55

93472.43

85144.84

229544.83

53200.80

86691.26

55493.73

195385.79

c

Engineering

57485.22

138995.67

101221.90

297702.80

52164.18

135695.85

75889.73

263749.76

d

W.C.

2028.09

5908.94

4237.36

12174.39

1176.49

3292.73

4591.44

9060.66

e

Liabilities

34960.89

36798.39

62949.04

134708.32

35728.66

24052.73

45645.95

105427.33

f

Personal Accident

37586.05

39868.68

49391.27

126846.00

28789.55

34883.15

36120.26

99792.96

g

Agriculture

106813.29

556511.73

785334.94

1448659.97

173032.58

521589.80

1183940.14

1878562.51

h

Other Miscellaneous

31717.18

59401.58

56279.26

147398.01

39012.75

50697.51

39047.84

128758.11

i

FL/Credit

13297.18

55543.61

39248.36

108089.15

16969.10

69325.58

23193.32

109488.00

j

Life

25836.56

35654.81

50360.53

111851.90

20220.29

15172.94

33876.57

69269.81

4

Health Insurance

223052.39

203510.57

224577.19

651140.14

157003.98

216531.29

148263.56

521798.83

5

Total Liabilities

1713759.61

3226929.26

3026348.33

7967037.20

1470214.20

2910151.25

2931727.85

7312093.29

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