The Board of Directors of The New India Assurance Company has approved the unaudited financial results for the quarter ended September 30, 2025. The company’s net premium written stood at ₹8,80,797 lakhs. The Board meeting, held on November 13, 2025, also addressed key financial and strategic decisions impacting the company’s future performance.
Financial Highlights for Q2 2025
The New India Assurance Company announced its unaudited standalone financial results for Q2 2025. Key highlights include:
- Net Premium Written: ₹8,80,797 lakhs
- Total Income: ₹12,31,299 lakhs
- Incurred Claims: ₹10,21,243 lakhs
- Underwriting Loss: ₹3,55,436 lakhs
Key Financial Ratios
Several financial ratios provide insights into the company’s performance during this period:
- Solvency Ratio: 1.79
- Expense of Management Ratio: 27.89
- Incurred Claim Ratio: 108.66
- Net Retention Ratio: 83.56
- Combined Ratio: 139.77
Segment Performance
The segment-wise performance for the quarter ended September 30, 2025, is as follows:
- Fire: Underwriting loss of ₹90,395 lakhs
- Marine: Underwriting loss of ₹3,789 lakhs
- Motor: Underwriting loss of ₹1,07,208 lakhs
- Health (including Personal Accident): Underwriting loss of ₹1,39,188 lakhs
Audit Qualifications and Emphasis of Matters
The auditor’s report includes a qualified conclusion due to certain balances pending reconciliation, compilation, and confirmation. Emphasis of matters includes:
- Provision towards wage revision of ₹165886 Lakhs.
- Non-provisioning for tax demands.
- Strengthening of internal controls.
- Compliance with audit trail rules.
Consolidated Financial Results
The Unaudited Consolidated Financial Results reflect the group’s financial position, including its subsidiaries and associates. Key figures from the consolidated results include a net premium written of ₹8,86,941 lakhs and total income of ₹12,33,969 lakhs.
The Board of Directors approved these results at the meeting held on November 13, 2025.
Source: BSE