| FORM NL-31: Related Party Transactions | |||||||
| Insurer: | GIC Re | . | Date: 31.12.2018 | ||||
| . | . | . | . | . | . | (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 31.12.2018 | Up to the Quarter 31.12.2018 | Corresponding quarter of the preceding year 31.12.2017 | Up to the Quarter of the preceding year 31.12.2017 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -26,970 | -142,620 | -195,333 | -266,954 |
| 2 | GIC RE South Africa Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 45,555 | -951,430 | 425,480 | 699,037 |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 3,302 | 3,302 | 0 | 12,590 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 1,002,162 | -455,946 | 5,231,787 | 9,417,267 |
| 5 | GIC RE INDIA CORPORATE MEMBER | Associate Company | Net Premiun - Net commission - Net Claims | -361,049 | -805,430 | 0 | -150,675 |
| (-) indicates amount payable by GIC | |||||||