The Board of Directors at The New India Assurance Co. has approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. Despite underwriting losses of ₹355.44 crore on a standalone basis, investment income helped to mitigate overall losses, while consolidated profit after tax stood at ₹2.01 crore for the quarter.
Financial Performance Overview
The New India Assurance Co. has released its unaudited financial results for Q2 2025. Key highlights from the standalone results include net premium earned of ₹939.89 crore and an income from investments of ₹291.41 crore. However, the company experienced an underwriting loss of ₹355.44 crore.
Key Financial Figures (Standalone)
- Net Premium Written: ₹880.80 crore
- Net Premium Earned: ₹939.89 crore
- Income from Investments: ₹291.41 crore
- Underwriting Loss: ₹355.44 crore
- Profit Before Tax: ₹6.89 crore
- Profit After Tax: ₹6.33 crore
Consolidated Financial Highlights
The consolidated results reveal a similar trend, with strong investment income partially offsetting underwriting losses. Here are the key figures:
- Net Premium Written: ₹886.94 crore
- Net Premium Earned: ₹945.54 crore
- Income from Investments: ₹288.43 crore
- Consolidated Profit After Tax: ₹2.01 crore
Segment Performance (Standalone)
Significant standalone segment results include:
- Fire: Underwriting loss of ₹90.59 crore
- Marine: Underwriting loss of ₹4.21 crore
- Motor: Underwriting loss of ₹106.88 crore
- Health (including Personal Accident): Underwriting loss of ₹138.22 crore
Solvency and Key Ratios (Standalone)
The company reported a solvency ratio of 1.79. Other key ratios include:
- Expenses of Management Ratio: 27.89%
- Incurred Claim Ratio: 108.66%
- Net Retention Ratio: 83.56%
The above information reflects the company’s performance during the period, balancing underwriting challenges with investment gains.
Emphasis of Matter by Auditors
The auditor has drawn attention to the provision for wage revision, and to certain balances where reconciliation is ongoing, as well as pending compliances for maintenance of books of accounts in electronic mode at Foreign branches.
Source: BSE