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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.
Significant increase in volume has been observed in The New India Assurance Company Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. The...
**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...