The New India Assurance Company Limited has informed the Exchange regarding 'Investors Presentation'.
NIACL · price
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New India Assurance (NIACL) reported Q1FY26 gross written premium of ₹13,334 Cr, up 13.11% year-on-year, outpacing the general insurance industry's 8.84% growth. Domestic gross direct premium grew 15.27%, lifting market share from 14.65% to 15.51%. Combined ratio was largely flat at 116.16% versus 116.13% a year ago, with the Air India flight incident, higher Motor TP losses, and a slightly higher Health loss ratio weighing on underwriting results. Profit after tax jumped 80% to ₹391 Cr, supported by strong investment income of ₹2,290 Cr. Solvency ratio held steady at 1.87x, assets under management stood at ₹1,00,802 Cr, and ROE improved to 7.17% from 4.15%.
Strong premium growth and an 80% jump in profits are positives for shareholders, but the combined ratio staying above 116% signals persistent underwriting losses. Management's stated focus on profitability improvement, retail/MSME products, and non-Motor/Health segments could support margin recovery in coming quarters.