The New India Assurance Company Limited — Board Meeting, 29-07-2025: Outcome of Board Meeting

New India Assurance's board has approved its Q1 FY26 results. The insurer posted a strong 13.11% YoY growth in Gross Written Premium to ₹13,334 Cr, with domestic premium up 15.27%, boosting market share to 15.51%. Profit After Tax surged 80% to ₹391 Cr. Despite underwriting headwinds from an airline incident and higher health losses, healthy investment income supported the results. The combined ratio was 116.03%, and the solvency ratio held steady at 1.87x. The company also appointed M/s Ragini Chokshi & Co. as auditors for the next five years.