FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer:  GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 31.12.2014
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):   29650 40.81
  Deduct:    
2 Liabilities (reserves as mentioned in Form HG)   26779 09.64
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet)   NIL
4 Excess in Policyholders’ Funds (1-2-3)   2871 31.17
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA):   12164 31.58
  Deduct:    
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet)   2491 42.11
7 Excess in Shareholders’ Funds (5-6)   9672 89.47
8 Total Available Solvency Margin [ASM]   (4+7)   12544 20.64
9 Total Required Solvency Margin  [RSM]   3981 97.07
10 Solvency Ratio (Total ASM/Total RSM)   3.15