FORM NL-33 - SOLVENCY MARGIN - KGII
  TABLE - II   -
Insurer: GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 31.03.2014
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): - 2992570.56
- Deduct: - -
2 Liabilities (reserves as mentioned in Form HG) - 2702451.25
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) - NIL
4 Excess in Policyholders’ Funds (1-2-3) - 290119.30
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): - 1079474.08
- Deduct: - -
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) - 299062.95
7 Excess in Shareholders’ Funds (5-6) - 780411.13
8 Total Available Solvency Margin [ASM] (4+7) - 1070530.43
9 Total Required Solvency Margin [RSM] - 391655.97
10 Solvency Ratio (Total ASM/Total RSM) - 2.73