New India Assurance Company Ltd
NSE:NIACL

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New India Assurance Company Ltd Logo
New India Assurance Company Ltd
NSE:NIACL
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Price: 206.61 INR 4.34% Market Closed
Market Cap: 340.5B INR
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New India Assurance Company Ltd
Investor Relations

New India Assurance Company Ltd., a revered entity in the insurance landscape of India, traces its roots back to 1919 when it was founded by the visionary Sir Dorabji Tata. Over the decades, it has woven itself into the fabric of India's economic journey. As a state-owned general insurance behemoth, New India Assurance has established a robust portfolio, offering an extensive range of products—from health and motor insurance to fire and marine coverages. What sets the company apart is its extensive reach and trust within not only the domestic market but also through its international operations in over 28 countries. By providing bespoke insurance solutions to both individuals and corporates, it secures its clients’ assets and mitigates risks, reinforcing financial stability across different sectors.

At the heart of New India Assurance's business model is its underwriting prowess and prudent risk management strategies. The company generates revenue primarily through the premiums collected from its wide array of insurance products. This includes both individual policies and large-scale agreements with businesses, tapping into diverse industry needs. Apart from the underwriting income, a substantial portion of its profits comes from strategic investments. These investments are carefully curated, focusing on safe and high-yield securities, which not only bolster the company's revenue stream but also provide a cushion against the volatile insurance claims environment. By marrying its comprehensive range of products with a focus on operational efficiency and financial prudence, New India Assurance has solidified its position as a stalwart in the insurance industry, deftly balancing growth and sustainability.

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Earnings Calls

No Earnings Calls Available

Management

Mr. James Day
Chief Underwriter - Treaty
No Bio Available
Ms. Mukta Sharma
GM, Head of Reinsurance & CEO of London
No Bio Available
Ms. Girija Subramanian
MD & Chairman
No Bio Available
Mr. Vimal Kumar Jain
CFO & Deputy GM
No Bio Available
Mr. Elankumaran Ramasamy
Chief Operating Officer
No Bio Available
Mr. Pooran Kumar Tulsiani
Deputy GM & Chief Investment Officer
No Bio Available
Ms. Jyoti Rawat
Company Secretary & Compliance Officer
No Bio Available
Ms. Sushama Anupam
GM & Chief Marketing Officer
No Bio Available
Mr. Phillip Scott
Chief Under Writer - Facultative
No Bio Available
Mr. Amit Misra
GM, Chief Risk Officer & FA
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
87, M.G. Road, Fort
Contacts
+912222708263
www.newindia.co.in