The New India Assurance Company Limited Overview
Pro stress-test →New India Assurance reported a 57.7% increase in profit after tax for the half year, with gross return premium of INR23,875 crores reflecting 11.5% year-on-year growth. The company's domestic premium growth surpassed the industry rate, expanding its market share from 12.60% to 13.75%.
Strategic Profile
Pro stress-test →The company maintains a robust solvency ratio of 1.79 times, comfortably above regulatory requirements, indicating financial stability. The company's investment portfolio performed exceptionally well, significantly supporting the bottom line.
Competitive Landscape
Pro stress-test →New India Assurance operates in India's competitive general insurance sector alongside major players like ICICI Lombard, HDFC Ergo, and private insurers. The company has expanded market share to 13.75%, indicating strong competitive positioning. The sector benefits from India's growing insurance penetration and urbanization.
Industry Context
The New India Assurance Company Limited operates in General Insurance.
Key facts
Founded: 1919 · Headquarters: New Delhi, India · Revenue: ₹43,471 Cr (FY2025 annualized) · Market cap: ₹24,380.51 Cr (~$2.9B USD)