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New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake.
**Business Performance:** New India Assurance reported a challenging Q1 FY27. Gross Written Premium (GWP) saw a muted 2.9% growth to ₹13,720 Cr, impacted by a 27.8% crash in the general insurance property market. The Motor Third Party (TP) segment faced significant pressure from claim inflation and no premium hikes, leading...
**1. Business Performance:** New India Assurance posted strong FY26 results! Gross Written Premium (GWP) rose 8.15% to ₹47,174 Cr. Profit After Tax (PAT) jumped 40% YoY to ₹1,384 Cr, with Q4 PAT up 61%. Indian business outpaced the industry, boosting market share to 12.74%. Health & PA was a key...
The New India Assurance Company saw its Gross Written Premium (GWP) grow 10.5% for the nine-month period. Its domestic business outpaced the industry, boosting market share to 13.40% from 12.80%. Health, property, and miscellaneous segments were key growth drivers. Despite challenges, underwriting performance improved, and the incurred claims ratio got...
The New India Assurance Company Limited has informed the Exchange about Investor Presentation
**Q3 FY26 Snapshot:** General insurer delivered solid Q3 results! 🚀 Gross Written Premium (GWP) hit ₹35,555 Cr, up 10.5% YoY. Domestic GWP growth of 13.7% outpaced the industry, boosting market share to 13.4% from 12.8%. Health & PA and Fire segments led the growth. **Profits & Provisions:** Profit Before Tax...