The New India Assurance Company Limited is India's largest general insurance company, known for its extensive domestic and international operations. It offers a wide range of insurance products, including fire, marine, motor, crop, and health insurance.

In the first half of FY'26, the company demonstrated significant resilience, with its Gross Written Premium reaching Rs. 23,875 crores, marking an 11.5% year-on-year growth, and increasing its market share to 13.75%.

New India Assurance faced a challenging environment due to an extended monsoon causing pressure on motor and property portfolios, but prudent underwriting and strong investment income helped mitigate these issues.

The company delivered a 57.7% increase in Profit After Tax, capitalizing on its robust investment portfolio and maintaining a strong solvency ratio of 1.79x, reflecting its financial stability.

Digital transformation initiatives are underway, involving process automation and advanced data analytics, aiming to improve operational efficiency and customer engagement.