| FORM NL-31: Related Party Transactions | |||||||
| Insurer: | GIC Re | - | Date: | 18.04.2012 | - | - | - |
| - | - | (Rs in Lakhs) | - | - | - | - | - |
| Related Party Transactions | |||||||
| Sl.No. | Name of the Related Party | Nature of Relationship with the Company | Description of Transactions / Categories- | Consideration paid / received* | |||
| For the quarter 31.12.2011 | up to the Quarter 31.12.2011 | Correspodning quarter of the preceeding year 31.12.2010 | up to the Quarter of the preceeding year 31.12.2010 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | -17,782 | -164,333 | 6,411 | -118,694 |
| 3 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 118,015 | 17,628 | -92,937 | 508,025 |
| 4 | LIC Mauritius Limited | Associate Company | Net Premiun - Net commission - Net Claims | Nil | Nil | Nil | Nil |
| 5 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 2,876 | -57,839 | -5,145 | -39,072 |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | -2,307 | 2,122 | 1,425 | -4,536 |
| - | - | - | - | - | - | - | |
| *including the premium flow through Associates/ Group companies as an agent | - | - | - | - | |||
| (-) indicates amount payable by GIC | - | - | |||||