FORM NL-21 Statement of Liabilities
Insurer: General Insurance Corporation of India   Date:  
        (Rs in Lakhs)  
Statement of Liabilities
Sl.No. Particulars Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves
1 Fire 142127.90 276017.74 16377.21 434522.85 124909.41 179047.24 28911 332867.65
2 Marine 82595.49 80890.75 11584.03 175070.27 73798.09 83733.02 13403.00 170934.11
  (a) Marine Cargo 31353.51 26628.42 4990.10 62972.04 30934.10296 25294.66 5926 62154.76
  (b) Marine Hull 51241.97 54262.33 6593.93 112098.23 42863.98368 58438.36 7477 108779.34
3 Miscellaneous 279479.11 517255.82 39387.28 836122.20 242555.81 444024.41 46545.00 733125.22
  (a) Motor 103004.14 320979.51 18174.36 442158.01 102349.22 295752.33 12651 410752.55
  (b) Engineering 32961.95 55233.69 7681.66 95877.29 29308.6 46366.95 11734 87409.55
  (c) Aviation 25568.94 41062.74 7030.85 73662.53 26629.05 35414.04 12437 74480.09
  (d) Liabilities 6175.97     6175.97 3976.33     3976.33
  (e) Others 55880.61 99979.89 6500.41 162360.91 42327.46 66491.09 9723 118541.55
4 Health Insurance 55887.50     55887.50 37965.15     37965.15
5 Total Liabilities 504202.49 874164.31 67348.52 1445715.32 441263.31 706804.67 88859.00 1236926.98
1. IBNR is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous. However, for Life it is provided and it is included in Others.