| FORM NL-31: Related Party Transactions | |||||||
|---|---|---|---|---|---|---|---|
| Insurer: | GIC Re | Date: | 24.08.2012 | . | . | . | |
| . | . | (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 30.06.2012 | Up to the Quarter 30.06.2012 | Correspodning quarter of the preceeding year 30.06.2011 | Up to the Quarter of the preceeding year 30.06.2011 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | -335,115 | -335,115 | -145,292 | -145,292 |
| 3 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 270,785 | 270,785 | -5,846 | -5,846 |
| 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 | 12,274 | 12,274 | 349,674 | 349,674 |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | -3,079 | -3,079 | 5,905 | 5,905 |
| . | . | . | . | . | . | . | . |
| *including the premium flow through Associates/ Group companies as an agent | . | . | . | . | |||
| (-) indicates amount payable by GIC | . | . | |||||