NL-31: Related Party Transactions
-	-	-	-	-	(Rupees in thousands)
Sl.No.	Name of the Related Party	Nature of Relationship with the Company	Description of Transactions / Categories	Consideration paid / received*
				For the quarter 31.12.2010	Corresponding quarter of the preceeding year 31.12.2009
1	Kenindia Assuarnce Company	Associate Company	Net Premiun - Net commission - Net Claims	6411	2512
2	India International Pte LTD.	Associate Company	Net Premiun - Net commission - Net Claims	-92937	54634
3	LIC Mauritius Limited	Associate Company	Net Premiun - Net commission - Net Claims	Nil	Nil
5	Agricultural Insurance Company of India Ltd	Associate Company	Net Premiun - Net commission - Net Claims	-5145	5402
6	East Africa Re	Associate Company	Net Premiun - Net commission - Net Claims	1425	766996
(-) indicates amount payable by GIC
*including the premium flow through Associates/ Group companies as an agent

Statement Showing Related Party Disclosures as per AS-18 of ICAI - Part 2
		(Rs. In Thousands)
Name of the Company	Agriculture Insurance Company of India Ltd.		East Africa Re Limited
-	01.04.2010 to 31.12.2010	01.04.2009 to 31.12.2009	01.04.2010 to 31.12.2010	01.04.2009 to 31.12.2009
Premium Accepted	971690	406028	5285	2700
Premium Ceded	-	-	-	-
Net Premium	971690	406028	5285	2700
Commission Paid	192397	81092	699	436
Commission Recovered	-	-	-	-
Net Commission	192397	81092	699	436
Claims Paid	364094	61078	-	765
Claims recovered	-	-	-	-
Net claims	364094	61078	-	765
Balance as on 30th September	415199	263858	4586	1499
(- ) indicates amount payable	-	-	-	-
by GIC	-	-	-	-
* Figures are reported Net with (b) above.
The same is disclosed as per Note No.10.12 of the Disclosures forming part of the
financial statements