FORM NL-21: Related Party Transactions
Insurer: GENERAL INSURANCE CORPORATION OF INDIA   Date: 30.09.2021    
               
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 - - - -
(-) indicates amount payable by GIC Re