FORM NL-25 - SOLVENCY MARGIN (TABLE IA) |
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Name of Insurer:
GENERAL INSURANCE CORPORATION OF INDIA |
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Registration Number:
112 |
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Date of
Registration: 02-04-2001 |
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Classification: Total Business |
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TABLE IA: REQUIRED SOLVENCY MARGIN BASED ON NET PREMIUM AND NET
INCURRED CLAIMS as on 30.09.2021 |
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(All amounts in Rupees of
Lakhs) |
Item No. |
Line of
Business |
Gross Premiums |
Net Premiums |
Gross Incurred Claims |
Net Incurred Claims |
RSM 1 |
RSM 2 |
RSM |
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
1 |
Fire |
1,273,303.22 |
1,088,394.08 |
965,142.58 |
928,555.66 |
217,678.82 |
278,566.70 |
278,566.70 |
2 |
Marine Cargo |
124,801.49 |
113,134.57 |
104,383.97 |
101,361.71 |
22,626.91 |
30,408.51 |
30,408.51 |
3 |
Marine - Other than
Marine Cargo |
82,448.35 |
72,369.15 |
116,998.21 |
88,143.37 |
14,473.83 |
26,443.01 |
26,443.01 |
4 |
Motor |
927,027.15 |
923,359.87 |
673,968.38 |
671,856.56 |
184,671.97 |
201,556.97 |
201,556.97 |
5 |
Engineering |
139,010.33 |
119,723.73 |
94,605.00 |
97,157.31 |
23,944.75 |
29,147.19 |
29,147.19 |
6 |
Aviation |
119,784.91 |
65,518.21 |
124,896.74 |
91,367.41 |
13,103.64 |
27,410.22 |
27,410.22 |
7 |
Liability |
76,954.42 |
68,272.10 |
50,750.89 |
50,696.31 |
13,654.42 |
15,208.89 |
15,208.89 |
8 |
Health |
440,096.52 |
453,200.22 |
501,693.08 |
511,135.72 |
90,640.04 |
153,340.71 |
153,340.71 |
9 |
Miscellaneous |
176,638.41 |
161,483.61 |
132,255.65 |
131,712.38 |
32,296.72 |
39,513.71 |
39,513.71 |
10 |
Crop |
818,343.90 |
715,010.26 |
1,047,745.88 |
992,208.43 |
143,002.05 |
297,662.53 |
297,662.53 |
11 |
Life |
- |
- |
- |
- |
- |
- |
110,203.33 |
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Total |
4,178,408.72 |
3,780,465.80 |
3,812,440.40 |
3,664,194.85 |
756,093.16 |
1,099,258.46 |
1,209,461.79 |
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Classification: Business Within India |
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Item No. |
Line
of Business |
Gross Premiums |
Net Premiums |
Gross Incurred Claims |
Net Incurred Claims |
RSM 1 |
RSM 2 |
RSM |
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
1 |
Fire |
649,820.46 |
518,364.74 |
319,921.25 |
320,871.30 |
103,672.95 |
96,261.39 |
103,672.95 |
2 |
Marine Cargo |
39,779.37 |
34,249.97 |
31,280.41 |
29,881.52 |
6,849.99
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8,964.46
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8,964.46
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3 |
Marine - Other than
Marine Cargo |
23,808.40 |
23,717.37 |
36,725.82 |
15,514.86 |
4,743.47
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5,508.87
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5,508.87
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4 |
Motor |
488,317.15 |
488,317.15 |
465,728.65 |
465,728.65 |
97,663.43 |
139,718.59 |
139,718.59 |
5 |
Engineering |
91,730.87 |
73,278.98 |
51,487.07 |
54,294.59 |
14,655.80 |
16,288.38 |
16,288.38 |
6 |
Aviation |
15,902.11 |
14,655.39 |
12,573.64 |
12,184.22 |
2,931.08
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3,655.27
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3,655.27
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7 |
Liability |
44,727.09 |
36,046.16 |
20,220.95 |
20,166.37 |
7,209.23
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6,049.91
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7,209.23
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8 |
Health |
429,086.44 |
442,190.13 |
487,448.59 |
500,042.94 |
88,438.03 |
150,012.88 |
150,012.88 |
9 |
Miscellaneous |
132,541.76 |
118,095.20 |
82,173.56 |
78,359.06 |
23,619.04 |
23,507.72 |
23,619.04 |
10 |
Crop |
746,256.95 |
642,971.36 |
997,966.73 |
942,433.64 |
128,594.27 |
282,730.09 |
282,730.09 |
11 |
Life |
- |
- |
- |
- |
- |
- |
105,411.52 |
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Total |
2,661,970.59 |
2,391,886.46 |
2,505,526.66 |
2,439,477.15 |
478,377.29 |
732,697.56 |
846,791.28 |
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Note: The form is prepared as per prescribed IRDAI Solvency
Regulations as amended from time to time. |