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

Date: 30.9.2013
. .
. . (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 30.9.2013 Up to the Quarter 30.9.2013 Corresponding quarter of the preceding year 30.9.2012 Up to the Quarter of the preceding year 30.9.2012
1 Kenindia Assurance Company Associate Company Net Premiun - Net commission - Net Claims 71,304 -342,819 1,082 335,915
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -161,353 -138,789 -85,851 -594,158
3 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 0 -634,350 1,149,627 444,097
4 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 1,775 2,576 -1,662 1,417
5 Asian Reinsurance Corporation Associate Company Net Premiun - Net commission - Net Claims -22,311 -142,247 79,166 -125,810
(-) indicates amount payable by GIC