FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer: GENERAL INSURANCE CORPORATION OF INDIA
Solvency for 3rd Quarter ended 31.12.2012
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):   27335 13.10
- Deduct: -  
2 Liabilities (reserves as mentioned in Form HG)   25322 59.52
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet)   NIL
4 Excess in Policyholders’ Funds (1-2-3)   2012 53.58
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA):   8698 18.26
- Deduct: -  
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet)   2441 89.95
7 Excess in Shareholders’ Funds (5-6)   6256 28.31
8 Total Available Solvency Margin [ASM]   (4+7)   8268 81.89
9 Total Required Solvency Margin  [RSM]   3403 99.88
10 Solvency Ratio (Total ASM/Total RSM)   2.43