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.