FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer: GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 30.06.2013
Available Solvency Margin and Solvency Ratio



(` 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):
28297 60.58

Deduct:

2 Liabilities (reserves as mentioned in Form HG)
26241 84.06
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet)
NIL
4 Excess in Policyholders’ Funds (1-2-3)
2055 76.52
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA):
10216 34.09

Deduct:

6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet)
3148 15.40
7 Excess in Shareholders’ Funds (5-6)
7068 18.69
8 Total Available Solvency Margin [ASM] (4+7)
9123 95.22
9 Total Required Solvency Margin [RSM]
3499 53.18
10 Solvency Ratio (Total ASM/Total RSM)
2.61