Company: New India Assurance Page 1 / 1
-
- October 17 2025
Gallagher partners with New India Assurance, Munich Re to create India’s first pandemic parametric
The Phoenix Mills has become the first insured in India to be covered against business interruption losses due to pandemic or epidemic outbreaks based on parametric triggers.
-
- June 26 2025
Indian government to reduce stake in GIC Re, New India Assurance: report
Government will divest a 5% stake in New India Assurance Company and 3.5% stake in GIC Re in FY26 to ensure compliance with the minimum public shareholding norms.
-
- September 26 2024
India government may merge some state-owned general insurers: report
Over the last few years, the government has been considering several options for the firms such as mergers, listing, and strategic disinvestment.
-
- June 20 2024
Girija Subramanian takes over as New India Assurance chairperson and managing director
She was formerly the CMD of Agriculture Insurance Company of India.
-
- April 10 2024
India’s FY2024 non-life sector GWP up 13% as motor, health buoy growth
Gross direct premiums for all Indian non-life insurers in 2023-24 increased to US$34.8bn, according to the latest data released by the General Insurance Council of India.
-
- December 14 2023
New India Assurance admits NHPC’s Sikkim flood claims
The state-owned power producer's projects damaged in the flood include Teesta-V Power Station (510 megawatt) and the under-construction Teesta-IV HE project (500 megawatt).
-
- October 23 2023
New India Assurance’s underwriting results remain constrained despite improving performance: AM Best
The rating agency has affirmed a financial strength rating of B++ (Good) for the Indian state-backed general insurer.
