FORM NL-33 - SOLVENCY MARGIN - KGII |
TABLE - II |
Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
Solvency for the 1st Quarter ended 30.6.12 |
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 of Assets as mentioned in Form IRDA-Assets-AA): |
|
25625 25.53 |
- |
Deduct: |
- |
- |
2 |
Liabilities (reserves as mentioned in Form HG) |
|
24444 78.35 |
3 |
Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) |
|
NIL |
4 |
Excess in Policyholders’ Funds (1-2-3) |
|
1180 47.18 |
5 |
Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): |
|
8309 44.62 |
- |
Deduct: |
- |
- |
6 |
Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) |
|
2203 98.33 |
7 |
Excess in Shareholders’ Funds (5-6) |
|
6105 46.29 |
8 |
Total Available Solvency Margin [ASM] (4+7) |
|
7285 93.47 |
9 |
Total Required Solvency Margin [RSM] |
|
3744 83.16 |
10 |
Solvency Ratio (Total ASM/Total RSM) |
|
1.95 |