FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer:  GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 30.09.2015
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): 3022043.74
Deduct:
2 Liabilities (reserves as mentioned in Form HG) 2845945.16
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet) NIL
4 Excess in Policyholders’ Funds (1-2-3) 176098.58
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA): 1476061.89
Deduct:
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet) 313153.09
7 Excess in Shareholders’ Funds (5-6) 1162908.80
8 Total Available Solvency Margin [ASM]   (4+7) 1339007.37
9 Total Required Solvency Margin  [RSM] 415373.44
10 Solvency Ratio (Total ASM/Total RSM) 3.22