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The New India Assurance Company Ltd. (India)

Main Activities: Insurance Carriers and Related Activities
Full name: The New India Assurance Company Ltd. Profile Updated: June 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The New India Assurance Company Limited is involved in personal, commercial, industrial, liability and social insurance. has operations in London, Singapore, Kenya, Saudi Arabia, Japan, Mauritius, Spain, Nigeria and Myanmar. The New India Assurance Company Limited is located in Mumbai, India and was incorporated on July 23, 1919.

Legal Address
New India Assurance Building,, No.87, M G Road,
Mumbai; Maharashtra; Postal Code: 400001

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Website: http://www.newindia.co.in

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 23, 1919
Key Executives
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Chairman & Managing Director
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Director
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Director
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Director
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Director
Ownership Details
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85.44%
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11.71%
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1.52%
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0.82%
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0.46%
Subsidiaries
Prestige Assurance Plc (Nigeria)
78.32%
Health Insurance Tpa Of India Limited
India International Insurance Pte Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
12.36%
Operating profit (EBIT)
-58.32%
Net Profit (Loss) for the Period
6.71%
Total assets
10.54%
Total equity
-44.37%
Net Premiums Earned Trend
-5267.86%
Net Profit Trend
-483.42%
Return on Equity (ROE)
2.45%
Loss Ratio
-1.41%
Underwriting Expenses Ratio
1.73%

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