FORM NL-21 Statement of Liabilities
Insurer: General Insurance Corporation of India
Date:  

(Rs.in Lacs)
Statement of Liabilities
  As On 30.09.2010 As at …30.09.2009…. For the corresponding previous year
Sl.No. Particular 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 144513.95 297505.13 20192.00 462211.08 124616.69 245561.38 33861 404039.07
2 Marine 83527.72 88957.10 8535.00 181019.82 80194.97 88088.69 13188.00 181471.66
a Marine Cargo 33308.30 28308.09 1610.00 63226.39 28832.13 29193.75 5513 63538.88
b Marine Hull 50219.42 60649.01 6925.00 117793.43 51362.84 58894.94 7675 117932.78
3 Miscellaneous 306719.69 542266.82 33291.00 882277.51 250383.21 481959.93 42590.00 774933.14
a Motor 108319.65 320370.11 17419.00 446108.76 95366.68 299398.87 22009 416774.55
b Engineering 34375.39 65019.05 1625.00 101019.44 29594.49 50473.93 11578 91646.42
c Aviation 28802.46 46932.62 5266.00 81001.08 23410.5 51421.31 5820 80651.81
d Liabilities 8314.82     8314.82 5235.581724     5235.58
e Others 63879.15 109945.04 8981.00 182805.19 45729.02 80665.82 3183 129577.84
4 Health Insurance 63028.22     63028.22 51046.93853     51046.94
5 Total Liabilities 534761.36 928729.05 62018.00 1525508.41 455194.87 815610.00 89639.00 1360443.87
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.