| FORM NL-31 | : Related Party Transactions | ||||
|---|---|---|---|---|---|
| - | - | - | - | - | - |
| Insurer: | GIC Re | - | Date: | - | - |
| - | (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/recd.* | |
| up to the Quarter ended31.03.2012 | up to the Quarter of the preceeding year ended 31.03.2011 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | 471,619 | 19,550 |
| 3 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 254,817 | 108,012 |
| 4 | 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 | -43,206 | -91,235 |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | -873 | -5,737 |
| - | - | - | - | - | - |
| *including the premium flow through Associates/ Group companies as an agent | - | ||||
| (-) indicates amount payable by GIC | - | ||||