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Welcome To

The New India Assurance Company Limited

New India is a leading global insurance group having a network of 2000 offices spread over 22 countries in 5 continents. We are the largest General Insurance Company in Asia, outside S. Korea & Japan.

New India has over 95 years experience in providing a wide range of General Insurance products globally. New India as an Indian and multi-national organization is particularly reputed for its focus and emphasis on customer service, wide product range and financial strength....


Why Choose Us?

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  • Financial Strength : "A-" Excellent rating by A.M. Best
  • Recognized for the highest levels of customer service
  • Wide range of products
  • Presence in 22 countries across 5 continents
  • Wholly owned by the Govt. of India
  • Pioneer in Satellite Insurance
Regulatory Disclosures:

Financial Strength Rating >>>>>>>>

Financial Strength Rating Disclosure under Section 60 (1) and 67 of Insurance Prudential Supervision Act,2010 of New Zealand
The Current Financial Strength Rating: January 16, 2014
Name of Rating Agency: A M Best Company
Rating A- Excellent
Rating Scale of A M Best Company
A++, A+ Superior   A, A- Excellent
B++, B+ Good   B, B- Fair
C++, C+ Marginal   C, C- Weak
D Poor   E Under Regulatory Supervision
F In liquidation   S Suspended


Insurer Solvency >>>>>>>>>>

Insurer Solvency Disclosure under Section 81 of the Insurance Prudential Supervision Act (2010)

  1. As at 31 March 2014 The New India Assurance Co. Ltd. had an audited Solvency Ratio (Total Available Solvency Margin / Total Required Solvency Margin) of 2.61 (= Rs73.59bn / Rs28.22bn or NZ$ 1.4238bn/0.5460bn) and Solvency Margin (Total Available Solvency Margin - Total Required Solvency Margin) of Rs 45.37bn or NZ$ 0.8778bn (= Rs73.59bn – Rs28.22bn or NZ$ 1.4238bn – NZ$ 0.5460bn) in accordance with Section 64VA of the Insurance Act, 1938 (Republic of India). The above information will be disclosed in the Company's New Zealand annual financial statements in accordance with the Financial Reporting Act 1993 (New Zealand) and Section 81 of the Insurance Prudential Supervision Act (2010) (New Zealand). The currency conversion rate applied is NZ$ 1= Rs 51.6829 as at 31/03/2014.

  2. As at 30 September 2013 The New India Assurance Co. Ltd. had an unaudited Solvency Ratio (Total Available Solvency Margin / Total Required Solvency Margin) of 2.42 (= Rs66.92bn / Rs27.65bn or NZ$ 1.2928bn / NZ$ 0.5341bn) and Solvency Margin (Total Available Solvency Margin - Total Required Solvency Margin) of (= Rs66.92bn – Rs27.65bn = Rs39.27bn or NZ$ 1.2928bn – NZ$ 0.5341bn = NZ$ 0.7587bn) in accordance with Section 64VA of the Insurance Act, 1938 (Republic of India). The currency conversion rate applied is NZ$ 1= Rs 51.759811 as at 30/09/2013.
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