FORM NL-31: Related Party Transactions |
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Insurer: |
GIC Re |
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Date: |
31.03.2015 |
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(Rs in Thousand) |
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Related Party Transactions |
Sl.No. |
Name of the Related Party |
Nature of Relationship with the Company |
Description of Transactions / Categories |
Consideration paid / received* |
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For the quarter 31.03.2015 |
Up to the Quarter 31.03.2015 |
Corresponding quarter of the preceding year 31.03.2014 |
Up to the Quarter of the preceding year 31.03.2014 |
1 |
Kenindia Assurance Company |
Associate Company |
Net Premiun - Net commission - Net Claims |
512.38658 |
29705.83141 |
-67239.69 |
-421302.22 |
2 |
India International Pte LTD. |
Associate Company |
Net Premiun - Net commission - Net Claims |
73939.90347 |
69531.8693 |
-188393.2 |
-298619.68 |
3 |
Agricultural Insurance Company of India Ltd |
Associate Company |
Net Premiun - Net commission - Net Claims |
222836.84 |
-200437.371 |
407885.35 |
8705.01 |
4 |
East Africa Re |
Associate Company |
Net Premiun - Net commission - Net Claims |
-3042.43451 |
-3114.51486 |
2951.56 |
5844.55 |
5 |
Asian Reinsurance |
Associate Company |
Net Premiun - Net commission - Net Claims |
94464.19626 |
-139458.3829 |
-88734.42 |
-805944.95 |