FORM NL-31: Related Party Transactions
Insurer: GIC Re Date: 30.06.2015 . .
. . (Rs in Thousand) . . . . .
Related Party Transactions
Sr.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories Consideration paid / received*
For the quarter 30.06.2015 Up to the Quarter 30.06.2015 Corresponding quarter of the preceding year 30.06.2014 Up to the Quarter of the preceding year 30.06.2014
1 Kenindia Assurance Company Associate Company Net Premiun - Net commission - Net Claims 775.2155 775.2155 59995.48 59995.48
2 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -146628 -146628 -218245 -218245
3 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 617880.6 617880.6 -703435 -703435
4 East Africa Re Associate Company Net Premiun - Net commission - Net Claims 0 0 606.07 606.07
5 Asian Reinsurance Corporation Associate Company Net Premiun - Net commission - Net Claims -10581.4 -10581.4 -155219 -155219
(-) indicates amount payable by GIC