| FORM NL-21: Related Party Transactions | |||||||
| Insurer: | GENERAL INSURANCE CORPORATION OF INDIA | Date: 30.09.2021 | |||||
| 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 30.09.2021 | Up to the Quarter 30.09.2021 | Corresponding quarter of the preceding year 30.09.2020 | Up to the Quarter of the preceding year 30.09.2020 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | -348,685.36 | -523,209.45 | -27,977.74 | -102,759.82 |
| 2 | GIC RE South Africa Ltd. | Subsidiary Company | Net Premiun - Net commission - Net Claims | -43,338.94 | -83,257.14 | - | - |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | -11,324.05 | -43,065.14 | - | -9,729.87 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | -10,593,837.97 | -29,238,261.76 | -24,025,122.99 | -48,927,434.31 |
| 5 | GIC RE INDIA CORPORATE MEMBER | Subsidiary Company | Net Premiun - Net commission - Net Claims | - | -3,781,917.75 | -8,163,484.57 | -9,928,245.67 |
| 6 | GIC Perestrakhovanie LLC | Subsidiary Company | Net Premiun - Net commission - Net Claims | - | - | - | - |
| (-) indicates amount payable by GIC Re | |||||||