FORM NL-31: Related Party Transactions
Insurer: GIC Re



. Date: 31.12.2018
. .
. . . . (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 31.12.2018 Up to the Quarter 31.12.2018 Corresponding quarter of the preceding year 31.12.2017 Up to the Quarter of the preceding year 31.12.2017
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims -26,970 -142,620 -195,333 -266,954
2 GIC RE South Africa Ltd. Associate Company Net Premiun - Net commission - Net Claims 45,555 -951,430 425,480 699,037
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims 3,302 3,302 0 12,590
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 1,002,162 -455,946 5,231,787 9,417,267
5 GIC RE INDIA CORPORATE MEMBER Associate Company Net Premiun - Net commission - Net Claims -361,049 -805,430 0 -150,675








(-) indicates amount payable by GIC