| FORM NL-31: Related Party Transactions |
| Insurer: |
GIC Re |
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Date: |
30.9.2013
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(Rs in Thousand) |
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| 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 30.9.2013 |
Up to the Quarter 30.9.2013 |
Corresponding quarter of the preceding year 30.9.2012 |
Up to the Quarter of the preceding year 30.9.2012 |
| 1 |
Kenindia Assurance Company |
Associate Company |
Net Premiun - Net commission - Net Claims |
71,304 |
-342,819 |
1,082 |
335,915 |
| 2 |
India International Pte LTD. |
Associate Company |
Net Premiun - Net commission - Net Claims |
-161,353 |
-138,789 |
-85,851 |
-594,158 |
| 3 |
Agricultural Insurance Company of India Ltd |
Associate Company |
Net Premiun - Net commission - Net Claims |
0 |
-634,350 |
1,149,627 |
444,097 |
| 4 |
East Africa Re |
Associate Company |
Net Premiun - Net commission - Net Claims |
1,775 |
2,576 |
-1,662 |
1,417 |
| 5 |
Asian Reinsurance Corporation |
Associate Company |
Net Premiun - Net commission - Net Claims |
-22,311 |
-142,247 |
79,166 |
-125,810 |
| (-) indicates amount payable by GIC |