FORM NL-21

Statement of Liabilities

                   

Insurer:

General Insurance Corporation of India

Date:

31.12.2019

                   
                 

(` in Lacs)

Statement of Liabilities

   

As on 31.12.2019

As on 31.12.2018  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

438615.01

835465.02

584856.66

1858936.69

364045.56

799361.68

438278.88

1601686.11

2

Marine

119993.51

124089.62

86075.67

330158.80

104195.22

97439.99

78526.38

280161.58

a

Marine Cargo

42373.50

40823.67

31907.33

115104.51

27527.31

43710.25

24043.14

95280.70

b

Marine Hull

77620.01

83265.95

54168.34

215054.29

76667.90

53729.74

54483.24

184880.88

3

Miscellaneous

754601.70

1734065.32

2112531.95

4601198.97

588555.98

1377671.71

1840814.75

3807042.44

a

Motor

334307.30

792663.77

614732.99

1741704.05

277801.72

610614.91

508825.01

1397241.65

b

Aviation

53200.80

86691.26

55493.73

195385.79

42484.40

78699.36

45406.41

166590.17

c

Engineering

52164.18

135695.85

75889.73

263749.76

49724.74

116432.62

77243.91

243401.28

d

W.C.

1176.49

3292.73

4591.44

9060.66

2629.05

2559.12

7101.02

12289.20

e

Liabilities

35728.66

24052.73

45645.95

105427.33

18488.30

18041.52

20754.94

57284.76

f

Personal Accident

28789.55

34883.15

36120.26

99792.96

30969.52

23482.75

32651.06

87103.33

g

Agriculture

173032.58

521589.80

1183940.14

1878562.51

125132.70

393867.29

1057052.72

1576052.70

h

Other Miscellaneous

39012.75

50697.51

39047.84

128758.11

14301.02

55890.25

47486.61

117677.88

i

FL/Credit

16969.10

69325.58

23193.32

109488.00

15685.56

70676.09

15053.76

101415.40

j

Life

20220.29

15172.94

33876.57

69269.81

11338.96

7407.79

29239.31

47986.07

4

Health Insurance

157003.98

216531.29

148263.56

521798.83

167681.85

92419.89

143336.15

403437.89

5

Total Liabilities

1470214.20

2910151.25

2931727.85

7312093.29

1224478.61

2366893.27

2500956.16

6092328.03

                   

1. IBNR is not provided separately for Liabilities and Health Insurance as it is considered as part of Others under Miscellaneous.