FORM NL-31: Related Party Transactions
Insurer: GIC Re     Date: 30.06.2019    
               
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 30.06.2019 Up to the Quarter 30.06.2019 Corresponding quarter of the preceding year 30.06.2018 Up to the Quarter of the preceding year 30.06.2018
1 India International Pte LTD. Associate Company Net Premiun - Net commission - Net Claims 21,474.00 21,474.00 -120,360.84 -120,360.84
2 GIC RE South Africa Ltd. Subsidiary Company Net Premiun - Net commission - Net Claims -298,195.00 -298,195.00 - -
3 GIC-Bhutan RE Ltd. Associate Company Net Premiun - Net commission - Net Claims 9,290.00 9,290.00 - -
4 Agricultural Insurance Company of India Ltd Associate Company Net Premiun - Net commission - Net Claims 20,886,528.00 20,886,528.00 22,203,763.98 2,22,03,764
5 GIC RE INDIA CORPORATE MEMBER Subsidiary Company Net Premiun - Net commission - Net Claims 1,162,026.00 1,162,026.00 -18,176.00 -18,176.00
(-) indicates amount payable by GIC Re