| 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 31.12.2012 | Up to the Quarter 31.12.2012 | Corresponding quarter of the preceding year 31.12.2011 | Up to the Quarter of the preceding year 31.12.2011 | ||||
| 1 | Kenindia Assuarnce Company | Associate Company | Net Premiun - Net commission - Net Claims | 17,114 | 353,028 | 17,782 | 164,333 |
| 3 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 487,090 | -152,473 | -118,015 | -17,628 |
| 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 | -299,904 | 144,193 | -2,876 | 57,839 |
| 6 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | 4,546 | 5,964 | 2,307 | -2,122 |
| . | . | . | . | . | . | . | . |
| *including the premium flow through Associates/ Group companies as an agent | . | . | . | . | |||
| (-) indicates amount payable by GIC | . | . | |||||