TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 31 December  2017
General Insurance Corporation of India
Registration Number:  112
Date of Registration: 02-04-2001
Classification: Total Business (` in Lacs)
Item Description Amount
(1) (2) (3)
A Policy-holder's Funds  
  Available Assets (as per IRDAI-GI-TA) 58057 99.19
  Deduct:  
B Current liabilities as per BS 40368 79.54
C Provision as per BS 11693 18.98
D Other Liabilities  3009 42.37
E Excess in Policyholders’ Funds (A-B-C-D)* 298658.29
  Shareholder's Funds  
F Available Assets  17940 74.86
  Deduct:  
G Other Liabilities  1047 38.51
H Excess in Shareholders’ Funds (F-G) 16893 36.35
I Total Available Solvency Margin [ASM]   (E+H) 19879 94.64
J Total Required Solvency Margin  [RSM] 10616 57.38
K Solvency Ratio (Total ASM/Total RSM) 1.87
# The above table includes the RSM for Life Re is RS 609,86.05 lakhs