FORM NL-21 Statement of Liabilities
Insurer: General Insurance Corporation of India
- - - - - (` in Lacs) - - - -
Statement of Liabilities
- - As On 31.12.2010 As at …31.12.2009…. 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 132880.87 311183.75 19241.00 463305.62 129540.63 239180.12 33470 402190.75
2 Marine 92922.47 90675.28 13363.00 196960.75 76695.13 86898.11 14473.00 178066.24
a Marine Cargo 54080.67 34926.08 1468.00 90474.75 27163.93 33415.39 4051 64630.33
b Marine Hull 38841.80 55749.20 11895.00 106486.00 49531.19 53482.72 10422 113435.91
3 Miscellaneous 314523.49 522362.82 57728.00 894614.31 256485.56 448959.98 50112.00 755557.54
a Motor 113339.44 307252.76 32508.00 453100.20 96364.32 273983.43 21885 392232.75
b Engineering 33078.59 64723.83 5999.00 103801.42 31583.69 50226.50 11008 92818.20
c Aviation 29892.57 47752.31 6979.00 84623.88 26935.12 41680.84 10535 79150.96
d Liabilities 7508.31     7508.31 6116.04     6116.04
e Others 56968.02 102633.93 12242.00 171843.95 50760.9 83069.20 6684 140514.10
4 Health Insurance 73736.56     73736.56 44725.49     44725.49
5 Total Liabilities 540326.83 924221.86 90332.00 1554880.69 462721.32 775038.21 98055.00 1335814.53
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.