TABLE IB: AVAILABLE SOLVENCY MARGIN AND SOLVENCY RATIO AS AT 30 September 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)   80777 91.99
  Deduct:    
B Current liabilities as per BS   58664 19.64
C Provision as per BS   13861 96.46
D Other Liabilities    4617 19.54
E Excess in Policyholders’ Funds (A-B-C-D)*   363456.36
  Shareholder's Funds    
F Available Assets    17284 73.06
  Deduct:    
G Other Liabilities    721 90.16
H Excess in Shareholders’ Funds (F-G)   16562 82.91
I Total Available Solvency Margin [ASM]   (E+H)   20197 39.26
J Total Required Solvency Margin  [RSM]   12614 86.08
K Solvency Ratio (Total ASM/Total RSM)   1.60
* 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  861,42.92 lakhs