FORM NL-31: Related Party Transactions
Insurer: GIC Re Date: .31.03.2014 .
. . (Rs in Lakhs) . . .
Related Party Transactions
Sl.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories  Consideration paid / received*
As on 31.03.2014 As on 31.03.2013
1 Kenindia Assurance Company Associate Company Net Premiun - Net commission - Net Claims -421,302 366,752
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -298,620 -113,616
3 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 8,705 1,464,020
4 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 5,845 10,743
5 Asian Reinsurance Corporation Associate Company Net Premiun - Net commission - Net Claims -805,945 -921,105
. . . . ..
*including the premium flow through Associates/ Group companies as an agent ..
(-) indicates amount payable by GIC