FORM NL-25 - SOLVENCY MARGIN (TABLE IA) |
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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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TABLE IA: REQUIRED SOLVENCY MARGIN BASED ON NET PREMIUM AND NET INCURRED CLAIMS as on 30.09.2022 |
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(All amounts in Rupees of Lakhs) |
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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 |
1,286,424.53 |
1,149,410.05 |
1,006,182.32 |
1,055,257.76 |
229,882.01 |
316,577.33 |
316,577.33 |
2 |
Marine Cargo |
105,197.36 |
95,250.30 |
93,404.37 |
86,964.16 |
19,050.06 |
26,089.25 |
26,089.25 |
3 |
Marine - Other than Marine Cargo |
65,281.86 |
56,265.94 |
111,345.26 |
89,875.26 |
11,253.19 |
26,962.58 |
26,962.58 |
4 |
Motor |
830,532.20 |
830,532.20 |
788,682.64 |
788,682.68 |
166,106.44 |
236,604.80 |
236,604.80 |
5 |
Engineering |
153,970.51 |
134,289.30 |
91,955.00 |
105,797.89 |
26,857.86 |
31,739.37 |
31,739.37 |
6 |
Aviation |
90,395.75 |
51,014.46 |
108,977.32 |
80,183.07 |
10,202.89 |
24,054.92 |
24,054.92 |
7 |
Liability |
91,813.16 |
80,677.51 |
48,997.68 |
47,826.81 |
16,135.50 |
14,348.04 |
16,135.50 |
8 |
Health |
449,524.26 |
432,691.26 |
468,138.46 |
453,347.03 |
86,538.25 |
136,004.11 |
136,004.11 |
9 |
Miscellaneous |
156,389.77 |
142,250.91 |
122,313.20 |
120,857.83 |
28,450.18 |
36,257.35 |
36,257.35 |
10 |
Crop |
590,745.79 |
511,213.62 |
823,094.21 |
771,342.94 |
102,242.72 |
231,402.88 |
231,402.88 |
11 |
Life |
- |
- |
- |
- |
- |
- |
100,306.51 |
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Total |
3,820,275.19 |
3,483,595.55 |
3,663,090.47 |
3,600,135.43 |
696,719.11 |
1,080,040.63 |
1,182,134.59 |
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Classification: Business Within India |
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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 |
625,125.20 |
515,888.74 |
314,239.45 |
373,085.62 |
103,177.75 |
111,925.69 |
111,925.69 |
2 |
Marine Cargo |
44,234.36 |
39,330.00 |
41,478.61 |
38,498.06 |
7,866.00 |
11,549.42 |
11,549.42 |
3 |
Marine - Other than Marine Cargo |
21,842.70 |
21,559.50 |
26,569.27 |
14,748.86 |
4,311.90 |
4,424.66 |
4,424.66 |
4 |
Motor |
443,623.65 |
443,623.65 |
419,739.11 |
419,739.11 |
88,724.73 |
125,921.73 |
125,921.73 |
5 |
Engineering |
107,889.98 |
88,432.01 |
52,218.20 |
66,061.08 |
17,686.40 |
19,818.33 |
19,818.33 |
6 |
Aviation |
8,551.81 |
8,059.40 |
12,306.02 |
12,047.23 |
1,611.88 |
3,614.17 |
3,614.17 |
7 |
Liability |
41,618.26 |
30,640.65 |
20,272.67 |
19,129.11 |
6,242.74 |
5,738.73 |
6,242.74 |
8 |
Health |
446,454.04 |
429,621.03 |
457,763.98 |
442,986.13 |
85,924.21 |
132,895.84 |
132,895.84 |
9 |
Miscellaneous |
133,259.59 |
119,225.11 |
81,210.57 |
81,926.77 |
23,845.02 |
24,578.03 |
24,578.03 |
10 |
Crop |
578,503.15 |
498,969.87 |
782,474.04 |
730,737.74 |
99,793.97 |
219,221.32 |
219,221.32 |
11 |
Life |
- |
- |
- |
- |
- |
- |
95,327.74 |
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Total |
2,451,102.73 |
2,195,349.97 |
2,208,271.92 |
2,198,959.71 |
439,184.60 |
659,687.91 |
755,519.67 |
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Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time. |