TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 31 March 2019
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)   67383 61.24
  Deduct:    
B Current liabilities as per BS   45531 72.96
C Provision as per BS   13580 07.46
D Other Liabilities    5152 45.64
E Excess in Policyholders’ Funds (A-B-C-D)*   311935.18
  Shareholder's Funds    
F Available Assets    20165 17.32
  Deduct:    
G Other Liabilities    827 61.69
H Excess in Shareholders’ Funds (F-G)   19337 55.63
I Total Available Solvency Margin [ASM]   (E+H)   22456 90.81
J Total Required Solvency Margin  [RSM]   10910 32.08
K Solvency Ratio (Total ASM/Total RSM)   2.06
* 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  77,334.74 lakhs