FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer:  GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the Quarter ended on 30.06.2011
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     19517 51.27
  of Assets as mentioned in Form IRDA-Assets-AA):    
  Deduct:    
2 Liabilities (reserves as mentioned in Form HG)   17344 70.91
       
3 Other Liabilities (other liabilities in respect of    NIL
  Policyholders’ Fund as mentioned in Balance Sheet)    
4 Excess in Policyholders’ Funds (1-2-3)   2172 80.36
       
5 Available Assets in Shareholders’ Funds (value of   11587 97.77
  Assets as mentioned in Form IRDA-Assets-AA):    
  Deduct:    
6 Other Liabilities (other liabilities in respect of    4456 60.40
  Shareholders’ Fund as mentioned in Balance Sheet)    
7 Excess in Shareholders’ Funds (5-6)   7131 37.37
       
8 Total Available Solvency Margin [ASM]   (4+7)   9304 17.73
       
9 Total Required Solvency Margin  [RSM]   2759 60.88
       
10 Solvency Ratio (Total ASM/Total RSM)   3.37