Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
PROVISIONS
(Rs. '000)
  Particulars As at 31.12.2016 As at 31.12.2015
1 Reserve for Unexpired Risk 139527 479 77170 547
2 Reserve for Premium Deficiency  0 584 596
3 For proposed dividends  0  0
4 For dividend distribution tax  0  0
5 For Doubtful Loans, Investment and Debts 8523 493 8166 456
6 For Leave Encashment 314 202 273 905
7 Provision for Pension 22 439 140 861
8 Provision for Gratuity 83 315  0
9 Provision for Settlement 14 024 12 195
10 For  Salary Arrears  0 190 000
11 For PLLI Arrears  0 16 800
12  Provision for Taxation 0  0
Less: Advance Tax Paid and TDS 2403 513  0
  150888 465 86555 360