FORM
NL-26 - SOLVENCY MARGIN (TABLE IB) |
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Name
of Insurer: 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 |
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(All amounts
in Rupees of Lakhs) |
(1) |
(2) |
(3) |
ITEM NO. |
DESCRIPTION |
AMOUNT |
(A) |
Policyholder’s FUNDS |
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Available assets(as
per Form IRDAI-GI-TA) |
9,052,922.21 |
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Deduct: |
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(B) |
Current Liabilities
as per BS |
6,589,040.72 |
(C) |
Provisions as per BS |
1,809,590.89 |
(D) |
Other Liabilities |
473,709.03 |
(E) |
Excess in
Policyholder’s funds (A)-(B)-(C)-(D) |
180,581.56 |
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Shareholder’s FUNDS |
|
(F) |
Available Assets |
2,143,297.36 |
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Deduct: |
- |
(G) |
Other Liabilities |
56,120.35 |
(H) |
Excess in
Shareholder’s funds (F-G) |
2,087,177.01 |
(I) |
Total ASM (E+H) |
2,267,758.57 |
(J) |
Total RSM |
1,209,461.79 |
(K) |
SOLVENCY RATIO (Total
ASM/ Total RSM) |
1.88 |
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Note:
The form is prepared as per prescribed IRDAI Solvency Regulations as amended
from time to time. |