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New India Assurance's Q1 FY26 saw PAT surge 80% to Rs. 391 Cr, with global premiums up 13.11%. Despite higher claims (aviation, health), a sharp fall in expense ratio kept the combined ratio stable at 116.16%. Solvency ratio improved to 1.87x. Management aims for a 3% combined ratio reduction this year to around 113%. Health incurred claims ratio rose due to medical inflation; Motor TP incurred claims ratio slightly reduced. The Fire segment showed robust 19.95% growth. Focus remains on operational efficiency, technology adoption, and credit rating improvement.
All announcements from The New India Assurance Company Limited