| FORM NL-31: Related Party Transactions | |||||||
|---|---|---|---|---|---|---|---|
| Insurer: | GIC Re | Date: 31.12.2017 | . | . | |||
| . | . | (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 31.12.2017 | Up to the Quarter 31.12.2017 | Corresponding quarter of the preceding year 31.12.2016 | Up to the Quarter of the preceding year 31.12.2016 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -195,333 | -266,954 | 54,721 | 177,378 |
| 2 | GIC RE South Africa Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 425,480 | 699,037 | 157,847 | 371,842 |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 0 | 12,590 | 16,608 | 16,608 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 5,231,787 | 9,417,267 | 1,158,970 | ######## |
| 5 | GIC RE INDIA CORPORATE MEMBER | Associate Company | Net Premiun - Net commission - Net Claims | 0 | -150,675 | -105,960 | -99,691 |
| (-) indicates amount payable by GIC | |||||||