FORM NL-31: Related Party Transactions
Insurer: GIC Re Date: 31.12.2017   . .
. . (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 31.12.2017 Up to the Quarter 31.12.2017 Corresponding quarter of the preceding year 31.12.2016 Up to the Quarter of the preceding year 31.12.2016
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -195,333 -266,954 54,721 177,378
2 GIC RE South Africa Ltd. Associate Company Net Premiun - Net commission - Net Claims 425,480 699,037 157,847 371,842
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims 0 12,590 16,608 16,608
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 5,231,787 9,417,267 1,158,970 ########
5 GIC RE INDIA CORPORATE MEMBER Associate Company Net Premiun - Net commission - Net Claims 0 -150,675 -105,960 -99,691
(-) indicates amount payable by GIC