| FORM NL-31: Related Party Transactions | |||||||
| Insurer: | GIC Re | Date: 30.06.2018 | |||||
| Related Party Transactions (Rs 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 30.06.2018 | Up to the Quarter 30.06.2018 | Corresponding quarter of the preceding year 30.06.2017 | Up to the Quarter of the preceding year 30.06.2017 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -1,19,677 | -1,19,677 | -61,011 | -61,011 |
| 2 | GIC RE South Africa Ltd. | Subsidiary Company | Net Premiun - Net commission - Net Claims | - | - | 2,06,657 | 2,06,657 |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | - | - | 12,590 | 12,590 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 2,22,03,764 | 2,22,03,764 | 24,44,518 | 24,44,518 |
| 5 | GIC RE INDIA CORPORATE MEMBER | Subsidiary Company | Net Premiun - Net commission - Net Claims | -18,176 | -18,176 | -63,689 | -63,689 |
| (-) indicates amount payable by GIC | |||||||