FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE - II
Insurer: GENERAL INSURANCE CORPORATION OF INDIA.
Solvency for the year ended on 31.12.2016
Available Solvency Margin and Solvency Ratio
Rs.. in lakhs
(1) (2) (3) (4)
Item Description Notes No. Amount
1 Available Assets in Policyholders’ Funds (adjusted value of Assets as mentioned in Form IRDA-Assets-AA):   41353 03.16
  Deduct:    
2 Liabilities (reserves as mentioned in Form HG)   40233 71.60
3 Other Liabilities (other liabilities in respect of Policyholders’ Fund as mentioned in Balance Sheet)   3200 78.00
4 Excess in Policyholders’ Funds (1-2-3)   -2081 46.44
5 Available Assets in Shareholders’ Funds (value of Assets as mentioned in Form IRDA-Assets-AA):   17076 46.28
  Deduct:    
6 Other Liabilities (other liabilities in respect of Shareholders’ Fund as mentioned in Balance Sheet)   325 73.86
7 Excess in Shareholders’ Funds (5-6)   16750 72.43
8 Total Available Solvency Margin [ASM]   (4+7)   14669 25.99
9 Total Required Solvency Margin  [RSM]   6641 62.26
10 Solvency Ratio (Total ASM/Total RSM)   2.21