FORM NL-21 - Statement of Liabilities
Insurer: General Insurance Corporation of India Date: 30.09.2019
(` in Lacs)
Statement of Liabilities
    As on 30.09.2019 As on 30.09.2018 For the corresponding previous year
Sl.No. Particular Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves Reserves for unexpired risks Reserve for Outstanding Claims IBNR Reserves Total Reserves
1 Fire 382784.59 892471.41 526000.93 1801256.93 393316.65 720319.70 458409.79 1572046.14
2 Marine 133844.76 130570.19 69887.99 334302.95 78467.73 99420.27 78036.65 255924.65
a Marine Cargo 40095.92 47787.58 24145.41 112028.91 20121.67 42673.57 27001.44 89796.68
b Marine Hull 93748.84 82782.61 45742.58 222274.04 58346.06 56746.70 51035.21 166127.97
3 Miscellaneous 587911.64 1564199.74 2344661.00 4496772.38 496109.92 1326087.48 2056342.49 3878539.88
a Motor 320473.80 724766.81 614859.49 1660100.10 288997.32 569970.73 498527.39 1357495.44
b Aviation 49935.53 80917.39 42161.35 173014.26 37890.99 83733.12 45255.52 166879.64
c Engineering 50944.90 133100.96 74217.82 258263.68 45891.95 117027.52 70213.88 233133.34
d W.C. 1935.10 3206.75 4420.41 9562.27 2160.64 3074.84 5621.72 10857.20
e Liabilities 28878.84 24487.22 39086.14 92452.21 17232.71 15193.67 18612.28 51038.66
f Personal Accident 27669.93 34648.97 36735.15 99054.05 30785.73 25455.54 27979.62 84220.89
g Agriculture 28791.40 415456.07 1429881.71 1874129.19 27278.30 386284.34 1283818.10 1697380.74
h Other Miscellaneous 36581.61 60003.62 48676.12 145261.35 21972.70 42234.26 69616.55 133823.51
i FL/Credit 17983.48 71064.54 22638.37 111686.39 10996.61 71718.75 16005.06 98720.43
j Life 24717.05 16547.40 31984.43 73248.88 12902.96 11394.70 20692.37 44990.04
4 Health Insurance 171244.26 204103.83 134524.55 509872.64 148739.93 82094.38 114436.11 345270.42
5 Total Liabilities 1275785.26 2791345.16 3075074.47 7142204.89 1116634.22 2227921.83 2707225.04 6051781.09
1. IBNR is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous.