FORM NL-31: Related Party Transactions
Insurer: GIC Re     Date: 30.09.2018   . .
. . (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 30.09.2018 Up to the Quarter 30.09.2018 Corresponding quarter of the preceding year 30.09.2017 Up to the Quarter of the preceding year 30.09.2017
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims 4,027 -115,650 -10,610 -71,621
2 GIC RE South Africa Ltd. Associate Company Net Premiun - Net commission - Net Claims -996,985 -996,985 66,900 273,557
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims - - - 12,590
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims -23,661,871 -1,458,107 6,629,999 4,185,481
5 GIC RE INDIA CORPORATE MEMBER Associate Company Net Premiun - Net commission - Net Claims -426,205 -444,381 -86,986 -150,675
(-) indicates amount payable by GIC