| FORM NL-31: Related Party Transactions |
| Insurer: |
GIC Re |
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Date: |
30.9.2014
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(Rs in Thousand) |
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| Related Party Transactions |
| Sr.No. |
Name of the Related Party |
Nature of Relationship with the Company |
Description of Transactions / Categories |
Consideration paid / received* |
| For the quarter 30.09.2014 |
Up to the Quarter 30.09.2014 |
Corresponding quarter of the preceding year 30.09.2013 |
Up to the Quarter of the preceding year 30.09.2013 |
| 1 |
Kenindia Assurance Company |
Associate Company |
Net Premiun - Net commission - Net Claims |
-20872 |
39122.75 |
71304 |
-342819 |
| 2 |
India International Pte LTD. |
Associate Company |
Net Premiun - Net commission - Net Claims |
274404.33 |
56159.55 |
-161353 |
-138788.89 |
| 3 |
Agricultural Insurance Company of India Ltd |
Associate Company |
Net Premiun - Net commission - Net Claims |
-617880.55 |
-1321315.60 |
0 |
-634350.49 |
| 4 |
East Africa Re |
Associate Company |
Net Premiun - Net commission - Net Claims |
-807.49 |
-201.42 |
1775 |
2576.13 |
| 5 |
Asian Reinsurance Corporation |
Associate Company |
Net Premiun - Net commission - Net Claims |
-11576.64 |
-166795.33 |
-22311 |
-142246.62 |
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| (-) indicates amount payable by GIC |
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