Company The New India Assurance Company Limited

Equities

NIACL

INE470Y01017

Multiline Insurance & Brokers

Delayed NSE India S.E. 06:11:19 2024-05-16 am EDT 5-day change 1st Jan Change
233.1 INR -0.26% Intraday chart for The New India Assurance Company Limited +7.25% +10.82%

Business Summary

The New India Assurance Company Limited is an India-based multinational general insurance company. Its insurance products include Fire, Marine, Motor, Health, Liability, Aviation, Engineering, Crop, Other Miscellaneous, and others. Its Fire insurance products include Bharat Sookshma Udyam Suraksha, Business Interruption, Fire Floater, Fire Floater Declaration, Fire Large Risk, Industrial All Risk, New India Bharat Griha Raksha, New India Bharat Laghu Udyam Suraksha, and Petrochemical. Its Marine insurance products include Port Package Policy, Sellers Interest Insurance, Ship Breaking Insurance, Specific Voyage, Tea Crop Insurance, Voyage Insurance, and others. Its Indian operations span across all territories through about 2214 offices. It has a presence in approximately 25 countries, including a presence in two countries with Associates. Its subsidiaries include The New India Assurance Co. (T & T) Ltd., The New India Assurance Co. (S.L.) Ltd., and Prestige Assurance Plc.

Number of employees: 12,815

Sales per Business

INR in Million2022Weight2023Weight Delta
Health
42.0 %
126,966 37.6 % 159,417 42.0 % +25.56%
Motor Third Party
24.8 %
79,819 23.6 % 93,944 24.8 % +17.70%
Motor Own Damage
12.4 %
44,199 13.1 % 47,048 12.4 % +6.45%
Fire
10.7 %
34,825 10.3 % 40,454 10.7 % +16.16%
Personal Accident
2.0 %
13,655 4.0 % 7,618 2.0 % -44.21%
Miscellaneous TB
1.7 %
6,211 1.8 % 6,490 1.7 % +4.50%
Engineering
1.5 %
5,036 1.5 % 5,593 1.5 % +11.05%
Marine Cargo
1.3 %
4,428 1.3 % 4,913 1.3 % +10.96%
Employers Liability
0.7 %
2,288 0.7 % 2,466 0.7 % +7.80%
Product / Public Liability
0.6 %
2,167 0.6 % 2,226 0.6 % +2.70%
Marine Hull
0.5 %
1,472 0.4 % 1,974 0.5 % +34.15%
Miscellaneous NTB
0.5 %
1,783 0.5 % 1,874 0.5 % +5.08%
Aviation
0.4 %
1,285 0.4 % 1,415 0.4 % +10.14%
Other Liabilities
0.4 %
1,156 0.3 % 1,344 0.4 % +16.22%
Rural
0.3 %
1,079 0.3 % 1,076 0.3 % -0.26%
Credit Shield
0.2 %
499 0.1 % 678 0.2 % +35.77%
Crop
0.2 %
10,720 3.2 % 652 0.2 % -93.92%
Credit Guarantee
0.0 %
0 0.0 % 0 0.0 % +25.00%

Sales per region

INR in Million2022Weight2023Weight Delta
India
88.9 %
257,832 88.7 % 270,414 88.9 % +4.88%
Foreign
11.1 %
32,815 11.3 % 33,835 11.1 % +3.11%

Managers

Managers TitleAgeSince
Director of Finance/CFO 59 20-06-30
Compliance Officer - 23-09-24
Chief Investment Officer - 23-07-27
Director/Board Member 58 23-04-23
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 22-10-31
Corporate Officer/Principal - -
Sales & Marketing - 22-02-10
Corporate Officer/Principal - 22-10-31

Members of the board

Members of the board TitleAgeSince
Director of Finance/CFO 59 20-06-30
Director/Board Member - 21-12-20
Director/Board Member - 21-12-20
Director/Board Member - 22-04-13
Director/Board Member 54 23-04-19
Director/Board Member 58 23-04-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,648,000,000 240,000,000 ( 14.56 %) 0 14.56 %

Shareholders

NameEquities%Valuation
Government of India
85.44 %
1,408,000,000 85.44 % 4 168 M ₹
Life Insurance Corporation of India (Investment Portfolio)
8.667 %
142,833,188 8.667 % 423 M ₹
General Insurance Corp. of India (Invt Port)
1.315 %
21,667,646 1.315 % 64 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
0.0139 %
228,497 0.0139 % 676 429 ₹
Motilal Oswal Asset Management Co. Ltd.
0.0124 %
204,762 0.0124 % 606 165 ₹
State Street Global Advisors Ltd.
0.0113 %
185,576 0.0113 % 549 368 ₹
Edelweiss Asset Management Ltd.
0.005180 %
85,368 0.005180 % 252 718 ₹
Tata Asset Management Ltd.
0.004483 %
73,888 0.004483 % 218 734 ₹
Mirae Asset Investment Managers (India) Pvt Ltd.
0.003551 %
58,516 0.003551 % 173 227 ₹
SBI Funds Management Ltd.
0.002101 %
34,618 0.002101 % 102 481 ₹

Holdings

NameEquities%Valuation
1,047,642 1.06% 18,115,448 $
949,461 1.20% 14,954,913 $
503,502 1.07% 745,450 $

Company contact information

The New India Assurance Co. Ltd.

New India Assurance Building 87, M.G. Road, Fort

400001, Mumbai

+91 22 2270 8100

http://www.newindia.co.in
address The New India Assurance Company Limited(NIACL)
  1. Stock Market
  2. Equities
  3. NIACL Stock
  4. Company The New India Assurance Company Limited
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW