FORM NL-21: Related Party Transactions |
Insurer: |
GENERAL INSURANCE CORPORATION OF INDIA |
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Date: 30.09.2021 |
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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 30.09.2021 |
Up to the Quarter 30.09.2021 |
Corresponding quarter of the
preceding year 30.09.2020 |
Up to the Quarter of the
preceding year 30.09.2020 |
1 |
India
International Pte LTD. |
Associate
Company |
Net Premiun -
Net commission - Net Claims |
-348,685.36 |
-523,209.45 |
-27,977.74 |
-102,759.82 |
2 |
GIC
RE South Africa Ltd. |
Subsidiary
Company |
Net
Premiun - Net commission - Net Claims |
-43,338.94 |
-83,257.14 |
- |
- |
3 |
GIC-Bhutan
RE Ltd. |
Associate
Company |
Net
Premiun - Net commission - Net Claims |
-11,324.05 |
-43,065.14 |
- |
-9,729.87 |
4 |
Agricultural
Insurance Company of India Ltd |
Associate
Company |
Net
Premiun - Net commission - Net Claims |
-10,593,837.97 |
-29,238,261.76 |
-24,025,122.99 |
-48,927,434.31 |
5 |
GIC
RE INDIA CORPORATE MEMBER |
Subsidiary
Company |
Net
Premiun - Net commission - Net Claims |
- |
-3,781,917.75 |
-8,163,484.57 |
-9,928,245.67 |
6 |
GIC
Perestrakhovanie LLC |
Subsidiary
Company |
Net
Premiun - Net commission - Net Claims |
- |
- |
- |
- |
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(-)
indicates amount payable by GIC Re |
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