| FORM NL-21: Related Party Transactions | |||||||
| Insurer: | GIC Re | Date: 31.03.2023 | |||||
| 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 half yearly 31.03.2023 | Up to the yearly 31.03.2023 | A corresponding quarter of the preceding half yearly 31.03.2022 | Up to the yearly of the preceding year 31.03.2022 | ||||
| 1 | India International Pte LTD. | Associate Company | Net Premiun - Net commission - Net Claims | 139,082.82 | -1,027,753.77 | -2,359,603.83 | -2,880,695.63 |
| 2 | GIC RE South Africa Ltd. | Subsidiary Company | Net Premiun - Net commission - Net Claims | -15,231.96 | -307,386.78 | -67,112.20 | -150,369.34 |
| 3 | GIC-Bhutan RE Ltd. | Associate Company | Net Premiun - Net commission - Net Claims | 302,708.36 | -67,365.11 | -25,852.04 | -68,917.18 |
| 4 | Agricultural Insurance Company of India Ltd | Associate Company | Net Premiun - Net commission - Net Claims | -29,821,957.68 | -36,373,032.00 | -29,233,635.68 | -58,471,897.45 |
| 5 | GIC RE INDIA CORPORATE MEMBER | Subsidiary Company | Net Premiun - Net commission - Net Claims | -17,747,596.29 | -30,032,223.93 | -25,189,750.46 | -28,971,668.21 |
| 6 | GIC Perestrakhovanie LLC | Subsidiary Company | Net Premiun - Net commission - Net Claims | -252,151.82 | -675,841.87 | -353,222.76 | -353,222.76 |
| (-) indicates amount payable by GIC Re | |||||||