FORM NL-31: Related Party Transactions
Insurer: GIC Re Date: .31.03.2015 .
. . (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 31.03.2015 As on 31.03.2014
1 Kenindia Assurance Company Associate Company Net Premiun - Net commission - Net Claims -67,240 -421,302
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -188,393 -298,620
3 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 407,885 8,705
4 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 2,952 5,845
5 Asian Reinsurance Associate Company Net Premiun - Net commission - Net Claims -88,734 -805,945
*including the premium flow through Associates/ Group companies as an agent ..
(-) indicates amount payable by GIC