FORM NL-31: Related Party Transactions
Insurer: General Insurance Corporation of India
Sl.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories Consideration paid / received*
For the quarter 30.9.2010 Correspodning quarter of the preceeding year 30.9.2009
1 Kenindia Assuarnce Company Associate Company Net Premiun - Net commission - Net Claims -1488 5443
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims 104,440.00 68,129.00
3 LIC Mauritius Limited Associate Company Net Premiun - Net commission - Net Claims NIL NIL
5 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 421,691.00 259,693.00
6 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 1,601.00 587
           
(-) indicates amount payable by GIC
*including the premium flow through Associates/ Group companies as an agent