| FORM NL-25 - SOLVENCY MARGIN (TABLE IA) | ||||||||
| Name of Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||||||||
| Registration Number: 112 | ||||||||
| Date of Registration: 02-04-2001 | ||||||||
| Classification: Total Business | ||||||||
| TABLE IA: REQUIRED SOLVENCY MARGIN BASED ON NET PREMIUM AND NET INCURRED CLAIMS as on 30.09.2021 | ||||||||
| (All amounts in Rupees of Lakhs) | ||||||||
| Item No. | Line of Business | Gross Premiums | Net Premiums | Gross Incurred Claims | Net Incurred Claims | RSM 1 | RSM 2 | RSM |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) |
| 1 | Fire | 1,273,303.22 | 1,088,394.08 | 965,142.58 | 928,555.66 | 217,678.82 | 278,566.70 | 278,566.70 |
| 2 | Marine Cargo | 124,801.49 | 113,134.57 | 104,383.97 | 101,361.71 | 22,626.91 | 30,408.51 | 30,408.51 |
| 3 | Marine - Other than Marine Cargo | 82,448.35 | 72,369.15 | 116,998.21 | 88,143.37 | 14,473.83 | 26,443.01 | 26,443.01 |
| 4 | Motor | 927,027.15 | 923,359.87 | 673,968.38 | 671,856.56 | 184,671.97 | 201,556.97 | 201,556.97 |
| 5 | Engineering | 139,010.33 | 119,723.73 | 94,605.00 | 97,157.31 | 23,944.75 | 29,147.19 | 29,147.19 |
| 6 | Aviation | 119,784.91 | 65,518.21 | 124,896.74 | 91,367.41 | 13,103.64 | 27,410.22 | 27,410.22 |
| 7 | Liability | 76,954.42 | 68,272.10 | 50,750.89 | 50,696.31 | 13,654.42 | 15,208.89 | 15,208.89 |
| 8 | Health | 440,096.52 | 453,200.22 | 501,693.08 | 511,135.72 | 90,640.04 | 153,340.71 | 153,340.71 |
| 9 | Miscellaneous | 176,638.41 | 161,483.61 | 132,255.65 | 131,712.38 | 32,296.72 | 39,513.71 | 39,513.71 |
| 10 | Crop | 818,343.90 | 715,010.26 | 1,047,745.88 | 992,208.43 | 143,002.05 | 297,662.53 | 297,662.53 |
| 11 | Life | - | - | - | - | - | - | 110,203.33 |
| Total | 4,178,408.72 | 3,780,465.80 | 3,812,440.40 | 3,664,194.85 | 756,093.16 | 1,099,258.46 | 1,209,461.79 | |
| Classification: Business Within India | ||||||||
| Item No. | Line of Business | Gross Premiums | Net Premiums | Gross Incurred Claims | Net Incurred Claims | RSM 1 | RSM 2 | RSM |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) |
| 1 | Fire | 649,820.46 | 518,364.74 | 319,921.25 | 320,871.30 | 103,672.95 | 96,261.39 | 103,672.95 |
| 2 | Marine Cargo | 39,779.37 | 34,249.97 | 31,280.41 | 29,881.52 | 6,849.99 | 8,964.46 | 8,964.46 |
| 3 | Marine - Other than Marine Cargo | 23,808.40 | 23,717.37 | 36,725.82 | 15,514.86 | 4,743.47 | 5,508.87 | 5,508.87 |
| 4 | Motor | 488,317.15 | 488,317.15 | 465,728.65 | 465,728.65 | 97,663.43 | 139,718.59 | 139,718.59 |
| 5 | Engineering | 91,730.87 | 73,278.98 | 51,487.07 | 54,294.59 | 14,655.80 | 16,288.38 | 16,288.38 |
| 6 | Aviation | 15,902.11 | 14,655.39 | 12,573.64 | 12,184.22 | 2,931.08 | 3,655.27 | 3,655.27 |
| 7 | Liability | 44,727.09 | 36,046.16 | 20,220.95 | 20,166.37 | 7,209.23 | 6,049.91 | 7,209.23 |
| 8 | Health | 429,086.44 | 442,190.13 | 487,448.59 | 500,042.94 | 88,438.03 | 150,012.88 | 150,012.88 |
| 9 | Miscellaneous | 132,541.76 | 118,095.20 | 82,173.56 | 78,359.06 | 23,619.04 | 23,507.72 | 23,619.04 |
| 10 | Crop | 746,256.95 | 642,971.36 | 997,966.73 | 942,433.64 | 128,594.27 | 282,730.09 | 282,730.09 |
| 11 | Life | - | - | - | - | - | - | 105,411.52 |
| Total | 2,661,970.59 | 2,391,886.46 | 2,505,526.66 | 2,439,477.15 | 478,377.29 | 732,697.56 | 846,791.28 | |
| Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time. | ||||||||