FORM NL-33 - SOLVENCY MARGIN - KGII
TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 30 JUNE 2017
GENERAL INSURANCE CORPORATION OF INDIA.
Registration Number: 112
Date of Registration: 02-04-2001
(` in Lacs)
Item Description Amount
(1) (2) (3)
A Policy-holder's Funds  
  Available Assets (as per IRDAI-GI-TA) 53365 02.06
  Deduct:  
B Current liabilities as per BS 50322 23.06
C Provision as per BS NIL
D Other Liabilities  3373 09.64
E Excess in Policyholders’ Funds (A-B-C-D)* (33030.64)
  Shareholder's Funds  
F Available Assets  17546 57.92
  Deduct:  
G Other Liabilities  344 94.67
H Excess in Shareholders’ Funds (F-G) 17201 63.25
I Total Available Solvency Margin [ASM]   (E+H) 16871 32.61
J Total Required Solvency Margin  [RSM] 9597 74.29
K Solvency Ratio (Total ASM/Total RSM) 1.76
* 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   511 84.82    lakhs