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PERIODIC DISCLOSURES FORM NL3BBS Name of the Insurer : CHART AXA General Insurance Company Limited Registration No: 139 and Date of Registration with the IR DAI : 27th June, 2008BALANCE SHEET AS AT

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How to fill out solvency margin

01

Calculate the total amount of assets owned by the company.

02

Determine the total amount of liabilities owed by the company.

03

Subtract the total liabilities from the total assets to get the solvency margin.

04

Ensure the solvency margin meets the regulatory requirements set by the relevant authorities.

Who needs solvency margin?

01

Insurance companies

02

Financial institutions

03

Investment firms

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What is solvency margin?

Solvency margin is the excess of assets over liabilities that insurers are required to maintain as a safety net to cover unexpected losses.

Who is required to file solvency margin?

Insurance companies and other financial institutions are required to file solvency margin.

How to fill out solvency margin?

Solvency margin is typically filled out by submitting financial reports that detail assets, liabilities, and capital reserves.

What is the purpose of solvency margin?

The purpose of solvency margin is to ensure that insurance companies have enough financial resources to meet their obligations.

What information must be reported on solvency margin?

Information such as assets, liabilities, and capital reserves must be reported on the solvency margin.

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