| FORM NL-31: Related Party Transactions |
| Insurer : GIC Re |
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Date: 30.09.2016 |
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| Related Party Transactions |
( . in Thousand) |
| Sl.No. |
Name of the Related Party |
Nature of Relationship with the Company |
Description of Transactions / Categories |
Consideration paid / received* |
| For the quarter 30.09.2016 |
Up to the Quarter 30.09.2016 |
Corresponding quarter of the preceding year 30.09.2015 |
Up to the Quarter of the preceding year 30.09.2015 |
| 1 |
India International Pte LTD. |
Associate Company |
Net Premiun - Net commission - Net Claims |
108,205 |
122,657 |
108,205 |
124,726 |
| 2 |
GIC RE South Africa Ltd. |
Associate Company |
Net Premiun - Net commission - Net Claims |
172,016 |
213,995 |
172,016 |
362,468 |
| 3 |
GIC-Bhutan RE Ltd. |
Associate Company |
Net Premiun - Net commission - Net Claims |
0 |
0 |
0 |
135 |
| 4 |
Agricultural Insurance Company of India Ltd |
Associate Company |
Net Premiun - Net commission - Net Claims |
23,069,906 |
22,471,779 |
362,379 |
368,558 |
| 5 |
GIC RE INDIA CORPORATE MEMBER |
Associate Company |
Net Premiun - Net commission - Net Claims |
6,269 |
6,269 |
0 |
0 |
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| (-) indicates amount payable by GIC |
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