| (Rupees in thousands) | |||||
| NL-31 | : Related Party Transactions | ||||
| Insurer: | General Insurance Corporation of India | ||||
| Sl.No. | Name of the Related Party | Nature of Relationship with the Company | Description of Transactions / Categories | Consideration paid / received* | |
| For the year ended 31.03.2011 | For the preceeding year ended 31.03.2010 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | 498 | -35 |
| 2 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 101931 | 195363 |
| 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 | 1111151 | Nil |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | 5786 | 3131 |
| (-) indicates amount payable by GIC | |||||
| *including the premium flow through Associates/ Group companies as an agent | |||||