Investors Presentation for the Quarter and Year ended on 31.03.2026
NIACL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The New India Assurance reported FY26 gross written premium of ₹47,174 Cr, up 8.15% YoY, growing faster than the industry rate of 9.3%. PAT improved by 40% to ₹1,384 Cr, driven largely by higher investment income of ₹11,112 Cr. However, the combined ratio deteriorated to 122.55% from 116.78% due to ₹3,525 Cr impact from wage revision and family pension changes, plus higher Motor TP losses and aviation segment losses. The incurred claim ratio worsened from 96.61% to 98.65%. The company's domestic market share increased from 12.56% to 12.74%. Solvency ratio remains healthy at 1.84x.
Strong investment income and PAT growth are positives, but the deteriorating combined ratio signals ongoing underwriting pressure from regulatory pricing issues in Motor TP and cost headwinds from wage revisions. The company may face margin consolidation challenges despite revenue growth.