| FORM NL-31: Related Party Transactions | |||||||
|---|---|---|---|---|---|---|---|
| Insurer: | GIC Re | Date: | .30.09.2012 | . | . | . | |
| . | . | (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 30.09.2012 | Up to the Quarter 30.09.2012 | Correspodning quarter of the preceeding year 30.09.2011 | Up to the Quarter of the preceeding year 30.09.2011 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | 1,082 | 335,915 | 1,257 | 146,549 |
| 3 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -85,851 | -594,158 | 98,259 | 104,105 |
| 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 | 1,149,627 | 444,097 | 61,051 | -288,623 |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | -1,662 | 1,417 | 1,742 | -4,163 |
| . | . | . | . | . | . | . | . |
| *including the premium flow through Associates/ Group companies as an agent | . | . | . | . | |||
| (-) indicates amount payable by GIC | . | . | |||||