Financials

We hold a Financial Strength Rating (FSR) of B++ (Good) and a Long-Term Issuer Credit Rating (ICR) of bbb+ (Good) with a Positive Outlook from AM Best. Additionally, we have maintained a AAA/Stable rating from CRISIL since 2014, reflecting our exceptional financial strength and unwavering commitment to honoring our policyholders' obligations.

B++

Positive

AM Best

BBB+

Positive

AM Best

AAA

Stable

CRISIL

Additionally, AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) to New India.

aaa.IN

Exceptional

AM Best

Financial Results for and upto the Quarter Ended June 30, 2026

The Board of Directors in its meeting held on 24th July 2026 has approved the company’s results for the period ending 30th June 2026.

The company’s Gross Written Premium (GWP) of Rs. 13,720 Crs grew by 2.90% during the quarter. The solvency ratio remains healthy at 1.80x. Our investment assets on a market value basis stood at a healthy Rs. 99,980 Crs. Our net worth, including fair value changes, increased to Rs. 39,447 Crs.

The combined operating ratio for the quarter ended 30th June 2026 is 121.44%. The incurred claim ratio of 103.38% was impacted due to the higher loss ratio in the Motor Third Party segment, owing to the lack of premium revision in this segment. Due to the higher incurred claim ratio and reduction in premium growth, the Company incurred a Loss After Tax (PAT) of Rs. 257 Crs for the quarter ended 30th June 2026.

The New India Assurance Company is the largest non-life insurer in India. The financial strength of the Company is reflected from the following figures:

Year

Gross Premium
(in India)

(INR in crores)

Gross Premium
(Outside India)

(INR in crores)

Net Premium (Global)

(INR in crores)

Net Profit (Global)

(INR in crores)

Total Assets (Global)

(INR in crores)

Net Worth (Global)

(INR in crores)

2025-202642,8313,19239,3311,3841,08,97423,619
2024-202538,6253367.4536,3159881,08,88421,884
2023-202436,9973,36734,4071,1291,07,18421,135
2022-202334,4842,99831,1271,05596,60319,919
2021-202232,5732,94229,76016494,53018,232
2020-202128,5483,02526,9661,60590,18917,786
2019-202026,81329,0124,4871,41774,60915,725
2018-201923,9102,69722,12057979,50715,761
2017-201822,7183,20220,9562,20076,62615,412
2016-201719,1143,16418,5901,00769,17211,023
2015-201615,1493,22115,91182862,8809,821
2014-201513,2092,84013,9381,43161,7199,722
2013-201411,5402,76312,0781,08853,0108,621
2012-201310,0372,46610,27484345,3757,737
2011-20128,5421,5318,77117942,1627,057
2010-20117,0971,1287,192-42139,6216,890
2009-20106,0421,0566,00240436,8327,430
2008-20095,5089465,50022426,9317,328
2007-20085,2768744,9141,40131,9446,972
2006-20075,0179194,7511,45927,4445,972
2005-20064,7918844,34271627,0254,706
2004-20054,2108923,89540219,8274,161
2003-20044,0458753,63459017,5103,735
2002-20033,9218913,51625512,9843,404
2001-20023,5126853,06814212,2733,189
2000-20013,0414512,6711738,2923,067
1999-20002,9793272,4772877,6642,859
1998-19992,7292882,1863756,7272,524
1997-19982,4332541,9454706,0711,462

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