The New India Assurance Company Limited has informed the Exchange regarding 'Investor Presention for Qtr & Year ended 31.03.2025'.
NIACL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
New India Assurance (NIACL), India's largest non-life insurer, posted an all-time high Gross Written Premium of ₹43,618 crore in FY25, up 3.86% year-on-year. Underwriting losses narrowed by 11% as the combined ratio improved from 119.88% to 116.78%, supported by lower claim and operating cost ratios. Profit After Tax fell to ₹988 crore from ₹1,129 crore in FY24, hit by a one-time ₹802 crore provision for legacy reinsurance balances; adjusted PAT was actually higher. Solvency ratio strengthened to 1.91x and assets under management crossed ₹98,000 crore. Market share slipped marginally from 12.8% to 12.6%, but growth picked up sharply in H2FY25 and continued in April 2025 at 14.6%. Motor Third Party loss ratio remains elevated as the government has not yet revised tariffs.
Positive for shareholders on underwriting discipline and solvency, but reported profits are suppressed by the one-time legacy provision. Watch the Motor TP segment and FY26 product launches in retail and MSME for next leg of growth.