TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 31 MARCH  2017
General Insurance Corporation of India
Registration Number:  112
Date of Registration: 02-04-2001
Classification: Total Business (` in Lakhs)
Item Description Amount
(1) (2) (3)
A Policy-holder's Funds  
  Available Assets (as per IRDAI-GI-TA) 44614 22.43
  Deduct:  
B Current liabilities as per BS 41681 87.02
C Provision as per BS NIL
D Other Liabilities  3595 94.94
E Excess in Policyholders’ Funds (A-B-C-D)* (66359.53)
  Shareholder's Funds  
F Available Assets  18070 21.07
  Deduct:  
G Other Liabilities  397 83.07
H Excess in Shareholders’ Funds (F-G) 17672 37.99
I Total Available Solvency Margin [ASM]   (E+H) #  17008 78.46
J Total Required Solvency Margin  [RSM] 7076 18.54
K Solvency Ratio (Total ASM/Total RSM) 2.40
* Though Policyholder's fund is in minus,GIC Re has sufficient shareholder's funds to support and meet the liabilities,if required.
# The above table includes the RSM for Life Re is RS  477 57.29   lakhs