FORM NL-26 - SOLVENCY MARGIN (TABLE IB) |
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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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(All amounts in Rupees of Lakhs) |
(1) |
(2) |
(3) |
ITEM NO. |
DESCRIPTION |
AMOUNT |
(A) |
Policyholder’s FUNDS |
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Available assets(as per Form IRDAI-GI-TA) |
9,517,860.41 |
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Deduct: |
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(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 |
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Shareholder’s FUNDS |
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(F) |
Available Assets |
2,417,844.86 |
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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 |
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Note: The form is prepared as per prescribed IRDAI Solvency Regulations as amended from time to time. |