| FORM NL-26 - SOLVENCY MARGIN (TABLE IB) | ||
| Name of Insurer: GENERAL INSURANCE CORPORATION OF INDIA | ||
| Registration Number: 112 | ||
| Date of Registration: 02-04-2001 | ||
| Classification: Total Business | ||
| (All amounts in Rupees of Lakhs) | ||
| (1) | (2) | (3) |
| ITEM NO. | DESCRIPTION | AMOUNT |
| (A) | Policyholder’s FUNDS | |
| Available assets(as per Form IRDAI-GI-TA) | 9,517,860.41 | |
| Deduct: | ||
| (B) | Current Liabilities as per BS | 7,118,485.02 |
| (C) | Provisions as per BS | 1,717,897.29 |
| (D) | Other Liabilities | 339,208.33 |
| (E) | Excess in Policyholder’s funds (A)-(B)-(C)-(D) | 342,269.76 |
| Shareholder’s FUNDS | ||
| (F) | Available Assets | 2,417,844.86 |
| Deduct: | - | |
| (G) | Other Liabilities | 104,370.78 |
| (H) | Excess in Shareholder’s funds (F-G) | 2,313,474.07 |
| (I) | Total ASM (E+H) | 2,655,743.83 |
| (J) | Total RSM | 1,182,134.59 |
| (K) | SOLVENCY RATIO (Total ASM/ Total RSM) | 2.25 |
| Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time. | ||