The New India Assurance Company announced its financial results for the quarter ended December 31, 2025. Global Gross Written Premium increased by 10.5% for the nine-month period. Domestic Gross Direct Premium growth surpassed the industry average, increasing market share to 13.4%. Profit Before Tax (PBT) increased by 62% for the nine-month period and 215% for the quarter.
Financial Highlights for Q3 FY26
The New India Assurance Company reported strong financial performance for the quarter ended December 31, 2025. Key highlights include:
- Global Gross Written Premium grew by 10.5% for the nine-month period.
- Domestic Gross Direct Premium growth outperformed the industry average, improving market share to 13.4% compared to 12.8% in the previous year.
- Profit Before Tax (PBT) witnessed a growth of 62% for the nine-month period and an exceptional 215% for the quarter.
Key Financial Figures
The following table presents a summary of the key financial figures for Q3 FY26 (all amounts in Cr):
*Underwriting results were impacted by provision towards wage arrears and retirement benefits of active employees of 1696 Cr.
Income from fixed income securities and dividend income from equity showed a steady increase during the period while buoyant equity markets helped in realising higher capital gains
* Expenses were impacted by provision of 824 Cr towards wage arrears and retirement benefits of retired employees
Segment-Wise Performance
Market Position and Growth
GI industry grew by 8.69% in Q3Fy26.NIACL domestic gross direct premium income grew by 13.71% outpacing the industry growthThe YoY market share increased from 12.80% to 13.40%The growth momentum continued in December 2025, with company outpacing the industry growth
Key Strategic Initiatives
The company is focused on the following key initiatives:Launching innovative new products with focus on Retail and MSMEEntering new lines like parametric insuranceEmphasis on growth in segments other than Motor and Health where competitive intensity is highFurther impetus on risk management initiatives and taking steps to improve the global credit rating
Technology and Customer Service
The company is also investing in technology and customer service initiatives, including:Call centre offering services in 7 regional languagesRevamped websiteWhatsApp services in 8 languages which offer policy and claim related servicesAI/ML enabled Chatbot for customer serviceClaim automation efforts continue for faster claim settlementCustomer portal offering a seamless user experience for standard products
Source: BSE
