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 31.03.2022 | ||||||||
(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 | 1,294,910.56 | 1,126,199.33 | 988,953.90 | 1,015,182.35 | 225,239.87 | 304,554.71 | 304,554.71 |
2 | Marine Cargo | 124,402.41 | 114,079.02 | 119,531.83 | 116,099.10 | 22,815.80 | 34,829.73 | 34,829.73 |
3 | Marine - Other than Marine Cargo | 65,683.90 | 56,206.35 | 130,192.43 | 96,665.56 | 11,241.27 | 28,999.67 | 28,999.67 |
4 | Motor | 974,227.61 | 974,227.61 | 704,792.28 | 711,030.47 | 194,845.52 | 213,309.14 | 213,309.14 |
5 | Engineering | 140,789.05 | 122,808.52 | 87,156.10 | 102,174.48 | 24,561.70 | 30,652.34 | 30,652.34 |
6 | Aviation | 98,695.34 | 44,390.48 | 116,868.67 | 88,628.38 | 9,869.53 | 26,588.51 | 26,588.51 |
7 | Liability | 78,412.53 | 69,973.36 | 44,790.53 | 44,282.96 | 13,994.67 | 13,284.89 | 13,994.67 |
8 | Health | 451,780.73 | 440,697.36 | 509,067.14 | 498,056.08 | 88,139.47 | 149,416.82 | 149,416.82 |
9 | Miscellaneous | 155,719.79 | 142,399.43 | 127,220.68 | 123,915.93 | 28,479.89 | 37,174.78 | 37,174.78 |
10 | Crop | 791,147.36 | 649,639.97 | 1,130,678.98 | 1,068,419.18 | 129,927.99 | 320,525.75 | 320,525.75 |
11 | Life | - | - | - | - | - | - | 108,654.13 |
Total | 4,175,769.29 | 3,740,621.42 | 3,959,252.53 | 3,864,454.49 | 749,115.72 | 1,159,336.35 | 1,268,700.26 | |
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 | 640,640.99 | 507,108.01 | 310,792.33 | 347,020.44 | 101,421.60 | 104,106.13 | 104,106.13 |
2 | Marine Cargo | 42,387.71 | 37,526.49 | 35,244.37 | 32,625.42 | 7,505.30 | 9,787.63 | 9,787.63 |
3 | Marine - Other than Marine Cargo | 22,480.74 | 22,423.33 | 42,838.33 | 18,233.46 | 4,484.67 | 6,425.75 | 6,425.75 |
4 | Motor | 462,225.53 | 462,225.53 | 443,280.31 | 443,280.31 | 92,445.11 | 132,984.09 | 132,984.09 |
5 | Engineering | 95,324.38 | 77,412.98 | 41,190.31 | 56,518.36 | 15,482.60 | 16,955.51 | 16,955.51 |
6 | Aviation | 11,477.83 | 10,603.59 | 13,854.69 | 13,878.99 | 2,120.72 | 4,163.70 | 4,163.70 |
7 | Liability | 45,476.53 | 37,141.00 | 17,788.56 | 17,281.00 | 7,428.20 | 5,184.30 | 7,428.20 |
8 | Health | 448,748.74 | 437,665.36 | 494,117.75 | 483,106.69 | 87,533.07 | 144,932.01 | 144,932.01 |
9 | Miscellaneous | 132,667.81 | 119,283.90 | 83,433.65 | 81,176.32 | 23,856.78 | 24,352.90 | 24,352.90 |
10 | Crop | 769,140.63 | 627,632.48 | 1,079,538.11 | 1,017,288.58 | 125,526.50 | 305,186.57 | 305,186.57 |
11 | Life | - | - | - | - | - | - | 103,641.98 |
Total | 2,670,570.89 | 2,339,022.67 | 2,562,078.39 | 2,510,409.57 | 467,804.53 | 754,078.58 | 859,964.46 | |
Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time. | ||||||||