FORM NL-31: Related Party Transactions
Insurer: GIC Re Date: 30.09.2017   . .
. . (Rs in Thousand) . . . . .
Related Party Transactions
Sl.No. Name of the Related Party Nature of Relationship with the Company Description of Transactions / Categories  Consideration paid / received*
For the quarter 30.09.2017 Up to the Quarter 30.09.2017 Corresponding quarter of the preceding year 30.09.2016 Up to the Quarter of the preceding year 30.09.2016
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -10,610 -71,621 108,205 122,657
2 GIC RE South Africa Ltd. Associate Company Net Premiun - Net commission - Net Claims 66,900 273,557 172,016 213,995
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims - 12,590 0 0
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 6,629,999 4,185,481 23,069,906 22,471,779
5 GIC RE INDIA CORPORATE MEMBER Associate Company Net Premiun - Net commission - Net Claims -86,986 -150,675 6,269 6,269
(-) indicates amount payable by GIC