FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer:  GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 30.06.2015
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): 2951704.54
Deduct:
2 Liabilities (reserves as mentioned in Form HG) 2740342.46
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) NIL
4 Excess in Policyholders’ Funds (1-2-3) 211362.08
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): 1442220.13
Deduct:
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) 363797.50
7 Excess in Shareholders’ Funds (5-6) 1078422.62
8 Total Available Solvency Margin [ASM]   (4+7) 1289784.71
9 Total Required Solvency Margin  [RSM] 387699.70
10 Solvency Ratio (Total ASM/Total RSM) 3.33