The New India Assurance Company Limited — Important, 29-07-2025: Updates
29-07-2025 | 09:09 pm
29-07-2025 | 09:09 pm
NIACL reported a strong Q1FY26, with Gross Written Premium (GWP) growing 13.11% to ₹13,334 Cr. Domestic GWP surged over 15%, significantly outpacing the industry's 8.84% growth, boosting market share to 15.51%. Profit After Tax (PAT) jumped 80% to ₹391 Cr, aided by healthy investment income including ₹885 Cr capital gains. While the combined ratio remained stable at 116.16%, underwriting results were impacted by an aviation loss and higher health segment claims. The company maintains a robust balance sheet with a 1.87x solvency ratio. Future focus includes launching innovative products for retail/MSME and enhancing profitability.
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