PERIODIC DISCLOSURES | |||||||||
FORM NL-21 | Statement of Liabilities | ||||||||
Insurer: | General Insurance Corporation of India | Date: | |||||||
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Statement of Liabilities | |||||||||
As On 31.12.2016 | As on 31.12.2015 For the corresponding previous year | ||||||||
Sl.No. | Particular | Reserves for unexpired risks | Reserve for Outstanding Claims | IBNR Reserves | Total Reserves | Reserves for unexpired risks | Reserve for Outstanding Claims | IBNR Reserves | Total Reserves |
---|---|---|---|---|---|---|---|---|---|
1 | Fire | 312090.77 | 591921.45 | 262811.46 | 1166823.68 | 198287.33 | 529827.81 | 273043.04 | 1001158.17 |
2 | Marine | 62337.85 | 112288.22 | 58180.52 | 232806.59 | 84175.89 | 121337.42 | 30298.97 | 235812.27 |
a | Marine Cargo | 17870.74 | 41114.32 | 20867.32 | 79852.38 | 34949.35 | 46932.95 | 8216.11 | 90098.41 |
b | Marine Hull | 44467.11 | 71173.90 | 37313.20 | 152954.22 | 49226.54 | 74404.46 | 22082.86 | 145713.87 |
3 | Miscellaneous | 823492.61 | 823249.83 | 632031.31 | 2278773.76 | 380506.17 | 801530.39 | 240832.95 | 1422869.51 |
a | Motor | 295103.16 | 493402.36 | 247355.09 | 1035860.62 | 217812.29 | 405826.46 | 139222.83 | 762861.58 |
b | Aviation | 24633.57 | 61661.97 | 25214.43 | 111509.97 | 21083.34 | 75029.46 | 16378.95 | 112491.75 |
c | Engineering | 61741.02 | 116529.30 | 53640.61 | 231910.93 | 37482.94 | 142324.97 | 43023.56 | 222831.47 |
d | W.C. | 1657.71 | 1309.35 | 1739.94 | 4707.00 | 1219.96 | 1599.60 | 171.67 | 2991.24 |
e | Liabilities | 8653.22 | 13750.51 | 7906.44 | 30310.16 | 5868.62 | 15447.35 | 4102.19 | 25418.16 |
f | Personal Accident | 23536.81 | 13056.68 | 12540.52 | 49134.02 | 19845.98 | 12182.91 | 6790.29 | 38819.18 |
g | Other Miscellaneous | 392490.73 | 81255.46 | 265065.26 | 738811.44 | 64694.93 | 65762.97 | 23934.59 | 154392.50 |
h | FL/Credit | 6139.22 | 34650.50 | 8107.82 | 48897.53 | 6253.73 | 78231.02 | 2358.29 | 86843.04 |
i | Life | 9537.17 | 7633.71 | 10461.20 | 27632.08 | 6244.38 | 5125.64 | 4850.56 | 16220.58 |
4 | Health Insurance | 197353.55 | 45113.56 | 102500.47 | 344967.58 | 108736.09 | 31391.51 | 119071.70 | 259199.31 |
5 | Total Liabilities | 1395274.78 | 1572573.07 | 1055523.76 | 4023371.60 | 771705.48 | 1484087.12 | 663246.66 | 2919039.26 |