| FORM NL-31: Related Party Transactions | |||||||
|---|---|---|---|---|---|---|---|
| Insurer: | GIC Re | Date: 30.09.2015 | . | . | |||
| . | . | (Rs in Thousand) | . | . | . | . | . |
| 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 30.09.2015 | Up to the Quarter 30.09.2015 | Corresponding quarter of the preceding year 30.09.2014 | Up to the Quarter of the preceding year 30.09.2014 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 126192.6706 | 124726.3876 | -20872 | 39122.74934 |
| 2 | GIC RE South Africa Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 362379.2452 | 362468.3971 | 0 | 0 |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 0 | *135 | 0 | 0 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 362379.2452 | 368558.0507 | -617880.55 | -1321315.6 |
| (*) this figure pertains to the full year of 2015-16 | |||||||
| (-) indicates amount payable by GIC | |||||||