| FORM NL-31: Related Party Transactions | |||||||
|---|---|---|---|---|---|---|---|
| Insurer: | GIC Re | Date: 30.09.2017 | . | . | |||
| . | . | (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 30.09.2017 | Up to the Quarter 30.09.2017 | Corresponding quarter of the preceding year 30.09.2016 | Up to the Quarter of the preceding year 30.09.2016 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -10,610 | -71,621 | 108,205 | 122,657 |
| 2 | GIC RE South Africa Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 66,900 | 273,557 | 172,016 | 213,995 |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | - | 12,590 | 0 | 0 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 6,629,999 | 4,185,481 | 23,069,906 | 22,471,779 |
| 5 | GIC RE INDIA CORPORATE MEMBER | Associate Company | Net Premiun - Net commission - Net Claims | -86,986 | -150,675 | 6,269 | 6,269 |
| (-) indicates amount payable by GIC | |||||||