FORM NL-31: Related Party Transactions
Insurer: GIC Re Date: 31.12.2015 .
. . (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*
Up to the Quarter 31.12.2015 Up to the Quarter of the preceding year 31.12.2014
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -25794.77 -4408.00
2 GIC RE South Africa Ltd. Associate Company Net Premiun - Net commission - Net Claims 372060.23 0.00
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims 135.49 0.00
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims -222062.00 -423274.00
(-) indicates amount payable by GIC