TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 30 SEPTEMBER 2016 |
General Insurance Corporation of India |
|
Registration Number: 112 |
|
Date of Registration: 02-04-2001 |
|
Classification: Total Business |
. in lakhs |
(1) |
(2) |
(3) |
Item |
Description |
Amount |
(A) |
Policy-holder's FUNDS |
|
|
Available assets ( as per IRDAI-GI-TA) |
38847 55.75 |
|
Deduct |
|
( B) |
Current Liabilities as per BS |
36313 64.26 |
( C) |
Provision as per BS |
NIL |
( D) |
Other Liabilities |
325939.41 |
( E ) |
Excess in Policy-holder's Funds (A)-(B)-( C)-(D) |
(72547.92) |
|
Shareholder's FUNDS |
|
(F) |
Available assets |
16251 21.81 |
|
Deduct |
|
(G) |
Other Liabilities |
447 29.20 |
(H) |
Excess in Shareholder's Funds (F-G) |
15803 92.61 |
(I) |
Total ASM (E+H) |
15078 44.69 |
(J) |
Total RSM |
5172 00.42 |
(K) |
Solvency Ratio (Total ASM/Total RSM) |
2.92 |