FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer: GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 30.09.2014
Available Solvency Margin and Solvency Ratio



(` in Lacs)
Item Description Notes No. Amount
1 Available Assets in Policyholders’ Funds (adjusted value of Assets as mentioned in Form IRDA-Assets-AA): 2894842.38
Deduct:
2 Liabilities (reserves as mentioned in Form HG) 2637777.96
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) NIL
4 Excess in Policyholders’ Funds (1-2-3) 257064.42
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): 1191440.01
Deduct:
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) 241795.93
7 Excess in Shareholders’ Funds (5-6) 949644.08
8 Total Available Solvency Margin [ASM]   (4+7) 1206708.50
9 Total Required Solvency Margin  [RSM] 394874.27
10 Solvency Ratio (Total ASM/Total RSM) 3.06