FORM NL-23 - SOLVENCY MARGIN (FORM IRDAI-GI-TA)
STATEMENT OF ADMISSIBLE ASSETS :
As at 30.09.2022
Name of Insurer: GENERAL INSURANCE CORPORATION OF INDIA
Registration Number: 112
Date of Registration: 02-04-2001
Classification: Business Total Business
				(All amounts in Rupees of Lakhs)
Item No.	Particulars	Policyholders A/c.	Shareholders A/c.	Total
	Investments:
	Shareholders as per NL-12 of BS		2,555,387.48	2,555,387.48
	Policyholders as per NL-12 A of BS	8,044,191.40	-	8,044,191.40
(A)	Total Investments as per BS	8,044,191.40	2,555,387.48	10,599,578.88
(B)	Inadmissible Investment assets as per Clause (1) of Schedule I of regulation	-	-	-
(C)	Fixed assets as per BS	13,186.40	4,041.21	17,227.62
(D)	Inadmissible Fixed assets as per Clause (1) of Schedule I of regulation	1,204.10	369.02	1,573.12
	Current Assets:			-
(E)	Cash & Bank Balances as per BS	1,715,163.39	525,642.94	2,240,806.33
(F)	Advances and Other assets as per BS	2,329,306.33	132,929.06	2,462,235.40
(G)	Total Current Assets as per BS...(E)+(F)	4,044,469.73	658,572.00	4,703,041.72
(H)	Inadmissible current assets as per Clause (1) of Schedule I of regulation	102,932.61	39,791.67	142,724.28
(I)	Loans as per BS	13,779.65	4,223.02	18,002.68
(J)	Fair value change account subject to minimum of zero	2,493,630.06	764,218.17	3,257,848.23
(K)	Total Assets as per BS (excl. current liabilities and provisions)…(A)+(C)+(G)+(I)	12,115,627.19	3,222,223.71	15,337,850.90
(L)	Total Inadmissible assets…(B)+(D)+(H)+(J)	2,597,766.78	804,378.86	3,402,145.64
(M)	Total Admissible assets for Solvency (excl. current liabilities and provisions)…(K)-(L)	9,517,860.41	2,417,844.86	11,935,705.26
				(All amounts in Rupees of Lakhs)
Item No.	Inadmissible Investment assets (Item wise Details)	Policyholders A/c.	Shareholders A/c.	Total
	Inadmissible Investment assets as per Clause (1) of Schedule I of regulation
	Inadmissible Fixed assets
	(a) Furniture & Fittings	57.57	17.64	75.21
	(b) I.T. Equipments	351.00	107.57	458.56
	(c ) I.T. Software	777.74	238.35	1,016.09
	(d) Canteen Appliances	0.25	0.08	0.33
	(e ) Electrical Installation	17.55	5.38	22.93
				1,573.12
	Inadmissible current assets
	(a) Service Tax Unutilised Credit	-	-	-
	(b) GST Asset	4,499	-	4,498.72
	(c ) Fixed deposit with bank [Statutory] Dubai	1,783	546	2,328.91
	(d) Fixed deposit with bank [Statutory] Malaysia	-	-	-
	(e.) BNP Paribas-USD -Brazil	2,729	837	3,566.00
	(f) BNP Paribas USD Foreign currency revaluation	388	119	507.05
	(g) Due from Inadmissible assets	92,742	-	92,742.13
	(h) Advance tax paid towards Contingent Liability	-	38,001	38,001.24
	(I ) Advances to Directors/Officers	-	46	46.09
	(J) Loans	792	243	1,034.14
		102,932.61	39,791.67	142,724.28
	………………….			144,297.41
Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time.