| FORM NL-31 | |||||||
|---|---|---|---|---|---|---|---|
| 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 ended 31.03.2012 | up to the Quarter ended 31.03.2012 | Correspodning quarter of the preceeding year ended 31.03.2011 | up to the Quarter of the preceeding year ended 31.03.2011 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | 635,952 |
471,619 |
498 |
19,550 |
| 3 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 237,189 |
254,817 |
101,931 |
108,012 |
| 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 | 14,633 |
-43,206 |
1,111,151 |
-91,235 |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | -2,995 |
-873 |
5,786 |
-5,737 |
| *including the premium flow through Associates/ Group companies as an agent | - | - | - | - | |||
| (-) indicates amount payable by GIC | - | - | |||||