FORM NL-31: Related Party Transactions
Insurer: GIC Re

Date: 30.06.2013
. .
. . (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 30.06.2013 Up to the Quarter 30.06.2013 Corresponding quarter of the preceding year 30.06.2012 Up to the Quarter of the preceding year 30.06.2012
1 Kenindia Assurance Company Associate Company Net Premiun - Net commission - Net Claims -414,123 -414,123 338,662 338,662
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims 22,564 22,564 125,321 125,321
3 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims -634,350 -634,350 -705,529 -705,529
4 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 801 801 3,079 3,079
5 Asian Reinsurance Corporation Associate Company Net Premiun - Net commission - Net Claims -119,936 -119,936 -204,976 -204,976
(-) indicates amount payable by GIC