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Lalit Malilalit mali asked 5 months ago

as given in notes solvency margin should be higher of 50% of pu cap. 30% of premi. recvd or 20% of claim paid 
but as answer in param C. no. 506 directly quoted that 50% of assets should over on liabi ????

2 Answers
RaviRavi Staff answered 5 months ago

both are same
in notes we have specified 
50 crore / 100 crore — this amount comes from 50% of paid up capital
20% of net premium
20% of net claim
whichever is higher
so point number 1 presentation is little different

RaviRavi Staff answered 5 months ago

please comment back if there is any problem

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