FORM NL-31: Related Party Transactions
Insurer: GIC Re     Date: 30.06.2018    
               
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 30.06.2018 Up to the Quarter 30.06.2018 Corresponding quarter of the preceding year 30.06.2017 Up to the Quarter of the preceding year 30.06.2017
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -1,19,677 -1,19,677 -61,011 -61,011
2 GIC RE South Africa Ltd. Subsidiary Company Net Premiun - Net commission - Net Claims - - 2,06,657 2,06,657
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims - - 12,590 12,590
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 2,22,03,764 2,22,03,764 24,44,518 24,44,518
5 GIC RE INDIA CORPORATE MEMBER Subsidiary Company Net Premiun - Net commission - Net Claims -18,176 -18,176 -63,689 -63,689
(-) indicates amount payable by GIC