TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 30 June  2018
General Insurance Corporation of India
Registration Number:  112
Date of Registration: 02-04-2001
Classification: Total Business (` in Lacs)
Item Description Notes No. Amount
(1) (2) (3) (3)
A Policy-holder's Funds    
  Available Assets (as per IRDAI-GI-TA)   70488 39.28
  Deduct:    
B Current liabilities as per BS   48429 38.74
C Provision as per BS   14656 27.13
D Other Liabilities    4136 41.51
E Excess in Policyholders’ Funds (A-B-C-D)   326631.91
  Shareholder's Funds    
F Available Assets    17665 76.21
  Deduct:    
G Other Liabilities    1232 08.21
H Excess in Shareholders’ Funds (F-G)   16433 68.01
I Total Available Solvency Margin [ASM]   (E+H)   19699 99.92
J Total Required Solvency Margin  [RSM] #   11148 72.13
K Solvency Ratio (Total ASM/Total RSM)   1.77
* 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 62,374.87 lakhs