FORM NL-21: Related Party Transactions
Insurer: General Insurance Corporaion of India    

Date: 30.09.2022
               
                                                                                                                                                                                                                                          (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 30.09.2022 Up to the yearly 30.09.2022 Corresponding quarter of the preceding year 30.09.2021 Up to the yearly of the preceding year 30.09.2021
1 India International Pte Ltd. Associate Company Net Premiun - Net commission - Net Claims -1,165,387.78 -3,523,530.42 -523,209.45 -961,382.34
2 GIC RE South Africa Ltd. Subsidiary Company Net Premiun - Net commission - Net Claims -292,154.82 -359,267.02 -83,257.14 -522,896.88
3 GIC-Bhutan Re Ltd. Associate Company Net Premiun - Net commission - Net Claims -370,073.48 -395,925.52 -43,065.14 -49,860.15
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims -6,551,074.32 -35,784,710.00 -29,238,261.76 -53,418,145.24
5 GIC Re India Corporate Member Ltd Subsidiary Company Net Premiun - Net commission - Net Claims -12,284,627.64 -37,474,378.10 -3,781,917.75 -19,958,172.07
6 GIC Perestrakhovanie LLC Subsidiary Company Net Premiun - Net commission - Net Claims -423,690.05 -776,912.81 - -7,607.85








(-) indicates amount payable by GIC Re