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 30.06.2011 Corresponding quarter of the preceeding year 30.06.2010
1 Kenindia Assuarnce Company Associate Company Net Premiun - Net commission - Net Claims -145,292 131,688
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -5,846 157,611
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 349,674 -1346
6 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 5,905 1557
(-) indicates amount payable by GIC
*including the premium flow through Associates/ Group companies as an agent
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PERIODIC DISCLOSURES
FORM NL-31 : Related Party Transactions
Insurer: General Insurance Corporation of India        
  (Rs  in thousand)
Related Party Transactions
Sl.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories  Consideration paid / received*
For the quarter 30.6.2011 Correspodning quarter of the preceeding year 30.6.2010
1 Kenindia Assuarnce Company Associate Company Net Premiun - Net commission - Net Claims    
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims    
3 LIC Mauritius Limited Associate Company Net Premiun - Net commission - Net Claims    
5 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims    
6 East Africa Re Associate Company Net Premiun - Net commission - Net Claims    
(-) indicates amount payable by GIC
*including the premium flow through Associates/ Group companies as an agent