FORM NL-31: Related Party Transactions
Insurer : GIC Re     Date: 31.12.2016      
Related Party Transactions (Rs.. in Thousand)
Sl.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories  Consideration paid / received*
For the quarter 31.12.2016 Up to the Quarter 31.12.2016 Corresponding quarter of the preceding year 31.12.2015 Up to the Quarter of the preceding year 31.12.2015
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims 54,721 177,378 -150,521 -25,795
2 GIC RE South Africa Ltd. Associate Company Net Premiun - Net commission - Net Claims 157,847 371,842 9,592 372,060
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims 16,608 16,608 0 135
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 1,158,970 23,630,749 -590,620 -222,062
5 GIC RE INDIA CORPORATE MEMBER Associate Company Net Premiun - Net commission - Net Claims -105,960 -99,691 0 0
(-) indicates amount payable by GIC