| 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 30.09.2022 | ||||||||
| (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 | 1,286,424.53 | 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 |
| 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 | |
| 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 | 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 |
| 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 | |
| Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time. | ||||||||