| FORM NL-31: Related Party Transactions | |||||||
| Insurer: | GIC Re | Date: 30.06.2019 | |||||
| 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 30.06.2019 | Up to the Quarter 30.06.2019 | Corresponding quarter of the preceding year 30.06.2018 | Up to the Quarter of the preceding year 30.06.2018 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 21,474.00 | 21,474.00 | -120,360.84 | -120,360.84 |
| 2 | GIC RE South Africa Ltd. | Subsidiary Company | Net Premiun - Net commission - Net Claims | -298,195.00 | -298,195.00 | - | - |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 9,290.00 | 9,290.00 | - | - |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | 20,886,528.00 | 20,886,528.00 | 22,203,763.98 | 2,22,03,764 |
| 5 | GIC RE INDIA CORPORATE MEMBER | Subsidiary Company | Net Premiun - Net commission - Net Claims | 1,162,026.00 | 1,162,026.00 | -18,176.00 | -18,176.00 |
| (-) indicates amount payable by GIC Re | |||||||