FORM NL-31: Related Party Transactions          
Insurer: GIC Re     Date: 31.12.2014    
    (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 31.12.2014 Up to the Quarter 31.12.2014 Corresponding quarter of the preceding year 31.12.2013 Up to the Quarter of the preceding year 31.12.2013
1 Kenindia Assurance Company Associate Company Net Premiun - Net commission - Net Claims -9,929 29,193 -11,244 -354,063
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -60,087 -4,408 29,997 -110,226
3 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 898,041 -423,274 235,170 -399,180
4 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 129 -72 317 2,893
5 Asian Reinsurance Associate Company Net Premiun - Net commission - Net Claims -67,127 -233,923 -574,964 -717,211
 
(-) indicates amount payable by GIC
*including the premium flow through Associates/Group companies as an agent