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General Insurance
Monthly Update2 Sept 2025, 01:55 pm

The New India Assurance Company Ltd Announces 106th AGM, Reports GWP of ~ 43618 Crore and Profit before Tax of 1034 Crore in FY 2024-25

AI Summary

The New India Assurance Company Ltd has updated its Annual Report for FY 2024-25, announcing the 106th Annual General Meeting (AGM) scheduled on September 24, 2025, via video conferencing. The company has served more than 30 crores lives with a Gross Written Premium (Global) of ~ 43618 Crore and a Solvency Ratio (Global) of 1.91 x Net worth including fair value of 43290 Crore. The company reported an Investment Income of 8034 Crore and a Profit after tax of 988 Crore. The New India Assurance Co. Ltd has been recognized with several awards including Best Health Insurance Coverage - India, Most Trusted Brands of India 2025-26, Digital Champion Award in the Artificial Intelligence category, Best Insurance Enabler for MSMEs, and Company of the year.

Key Highlights

  • Announcing 106th AGM on September 24, 2025
  • GWP of ~ 43618 Crore in FY 2024-25
  • Solvency Ratio (Global) of 1.91 x
  • Investment Income of 8034 Crore
  • Profit after tax of 988 Crore and Profit before tax of 1034 Crore
NIACL
General Insurance
The New India Assurance Company Ltd

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