FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer:  GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the Half Year ended on 30.09.2011
Available Solvency Margin and Solvency Ratio
(Rs in Lacs)
Item Description Notes No. Amount
(1) (2) (3) (4)
1 Available Assets in Policyholders’ Funds (adjusted value   - 20692 88.70
- of Assets as mentioned in Form IRDA-Assets-AA): - -
- Deduct: - -
2 Liabilities (reserves as mentioned in Form HG) - 18600 81.38
- - - -
3 Other Liabilities (other liabilities in respect of  - NIL
- Policyholders’ Fund as mentioned in Balance Sheet) - -
4 Excess in Policyholders’ Funds (1-2-3) - 2092 07.32
- - - -
5 Available Assets in Shareholders’ Funds (value of - 12282 21.64
- Assets as mentioned in Form IRDA-Assets-AA): - -
- Deduct: - -
6 Other Liabilities (other liabilities in respect of  - 4638 99.32
- Shareholders’ Fund as mentioned in Balance Sheet) - -
7 Excess in Shareholders’ Funds (5-6) - 7643 22.32
- - - -
8 Total Available Solvency Margin [ASM]   (4+7) - 9735 29.64
- - - -
9 Total Required Solvency Margin  [RSM] - 3013 32.18
- - - -
10 Solvency Ratio (Total ASM/Total RSM) - 3.23

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