| FORM NL-31: Related Party Transactions | |||||||
|---|---|---|---|---|---|---|---|
| Insurer: | GIC Re | Date: 30.06.2014 | . | . | |||
| . | . | (Rs in Thousand) | . | . | . | . | . |
| 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 30.06.2014 | Up to the Quarter 30.06.2014 | Corresponding quarter of the preceding year 30.06.2013 | Up to the Quarter of the preceding year 30.06.2013 | ||||
| 1 | Kenindia Assurance Company | Associate Company | Net Premiun - Net commission - Net Claims | 59995.48 | 59995.48 | -41 | -41 |
| 2 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -218244.81 | -218244.81 | 22564.11 | 22564.11 |
| 3 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | -703435.05 | -703435.05 | -634350.50 | -634350.50 |
| 4 | East Africa Re | Associate Company | Net Premiun - Net commission - Net Claims | 606.07 | 606.07 | 801.13 | 801.13 |
| 5 | Asian Reinsurance Corporation | Associate Company | Net Premiun - Net commission - Net Claims | -155218.69 | -155218.69 | -119935.62 | -119935.62 |
| (-) indicates amount payable by GIC | |||||||