Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA 
PROVISIONS
Sr. No
Particulars As at 31.12.2015 (` '000)
As at 31.12.2014
1 Reserve for Unexpired Risk 77170548 75386661
2 Reserve for Premium Deficiency 584595 0
3 For Fringe Benefit Tax 0 0
4 For MAT Tax 0 0
5 For proposed dividends 0 0
6 For dividend distribution tax 0 0
7 For Doubtful Loans, Investment and Debts 8166456 6079795
8 For Leave Encashment 273905 189166
9 Provision for Pension 140861 -33794
10 Provision for Gratuity 0 66841
11 Provision for Settlement 12195 10648
12 For Salary Arrears 190000 109400
13 For PLLI Arrears 16800 16800

TOTAL 86555360 81825517