| Solvency for the period ended 30th September 2011 |
| Required solvency margin based on net premium and net incurred claims |
- |
- |
(Rs in Lacs) |
| Item No. |
Description |
PREMIUM |
CLAIM |
RSM-1 |
RSM-2 |
RSM |
| Gross Premium |
Net Premium |
Gross incurred claim |
Net incurred Claim |
| 1 |
Fire |
3526 86.52 |
2924 36.93 |
3811 27.00 |
3572 73.40 |
584 87.39 |
1071 82.02 |
1071 82.02 |
| 2 |
Marine Cargo |
453 02.68 |
425 03.35 |
312 80.31 |
312 37.71 |
85 00.67 |
93 71.31 |
93 71.31 |
| 3 |
Marine Hull |
715 53.44 |
606 08.81 |
457 66.68 |
392 84.56 |
121 21.76 |
117 85.37 |
121 21.76 |
| 4 |
Motor |
2579 92.39 |
2579 92.39 |
2282 91.67 |
2282 91.67 |
515 98.48 |
684 87.50 |
684 87.50 |
| 5 |
Engineering |
826 43.32 |
712 58.35 |
357 36.84 |
323 45.24 |
142 51.67 |
97 03.57 |
142 51.67 |
| 6 |
Aviation |
671 96.26 |
433 49.47 |
540 41.10 |
478 92.15 |
86 69.89 |
143 67.64 |
143 67.64 |
| 7 |
Liabilities |
- |
- |
- |
- |
- |
- |
- |
| 8 |
Others |
3495 85.85 |
3406 29.42 |
2496 71.42 |
2497 98.51 |
681 25.88 |
749 39.55 |
749 39.55 |
| 9 |
Health |
- |
- |
- |
- |
- |
- |
- |
| 10 |
Life |
30 76.49 |
30 53.61 |
9 57.84 |
9 54.97 |
6 10.72 |
2 86.49 |
6 10.72 |
| - |
Total |
12300 36.96 |
11118 32.32 |
10268 72.86 |
9870 78.20 |
2223 66.46 |
2961 23.46 |
3013 32.18 |
| - |
RSM1 premium has been calculated based on 12 month figure i.e. from 01.10.2010 to 30.09.2011 on rolling basis complying with circular no. IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. |
|
RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 and the same for the period 01.04.11 to 30.06.11 has been multiplied by 4 for arriving at annual figure. |
| - | - | - | - | - | - | - | - | - |
| - | - | - | - | - | - | - | - |
| Solvency for the period ended 30th September 2010 |
| Required solvency margin based on net premium and net incurred claims | - | - |
(` in Lacs) |
| Item No. |
Description |
PREMIUM |
CLAIM |
RSM-1 |
RSM-2 |
RSM |
| Gross Premium |
Net Premium |
Gross incurred claim |
Net incurred Claim |
| 1 |
Fire |
3375 81.58 |
2781 90.76 |
1847 09.59 |
1899 18.18 |
556 38.15 |
569 75.45 |
569 75.45 |
| 2 |
Marine Cargo |
364 94.67 |
330 23.58 |
286 29.70 |
222 12.32 |
66 04.72 |
66 63.70 |
66 63.70 |
| 3 |
Marine Hull |
596 67.14 |
495 30.65 |
779 82.32 |
459 96.68 |
99 06.13 |
137 99.00 |
137 99.00 |
| 4 |
Motor |
2159 11.25 |
2159 10.87 |
2016 89.26 |
2016 89.26 |
431 82.17 |
605 06.78 |
605 06.78 |
| 5 |
Engineering |
758 69.66 |
660 67.93 |
365 83.20 |
302 31.17 |
132 13.59 |
90 69.35 |
132 13.59 |
| 6 |
Aviation |
697 77.75 |
576 04.92 |
588 23.01 |
466 99.38 |
115 20.98 |
140 09.81 |
140 09.81 |
| 7 |
Liabilities |
- |
- |
- |
- |
- |
- |
- |
| 8 |
Others |
2748 99.00 |
2678 29.55 |
2136 21.43 |
2145 14.21 |
535 65.91 |
643 54.26 |
643 54.26 |
| 9 |
Health |
- |
- |
- |
- |
- |
- |
- |
| 10 |
Life |
16 45.33 |
16 45.33 |
8 45.23 |
8 45.23 |
3 29.07 |
2 53.57 |
3 29.07 |
| - |
Total |
10718 46.38 |
9698 03.59 |
8028 83.74 |
7521 06.43 |
1939 60.72 |
2256 31.92 |
2298 51.66 |
| - |
RSM1 premium has been calculated based on 12 month figure i.e. from 01.10.09 to 30.09.10 on rolling basis complying with circular no. IRDA/F&I/CIR/F&A/076/05/2010 dated 10.05.2010. |
| - |
RSM2 Gross Incurred Claim and Net Incurred Claim has been calculated complying with circular no. 045/IRDA/F&A/Mar-06 dated 31.03.2006 and the same for the period 01.04.10 to 30.09.10 has been multiplied by 2 for arriving at annual figure. |
| - | - | - | - | - | - | - | - | - |
| - |
Note: | - | - | - | - | - | - | - |
| - |
1. Claim and Premium is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous. |
| - |
2. Claim and Premium for Life Insurance has been separately disclosed under item 10. | - | - |
| - | - | - | - | - | - | - | - | - |