New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Q3 FY2020-21 Earnings Presentation
14 slides from New India Assurance's earnings presentation, Feb 15, 2021
Slide 1: Investor Presentation cover letter to exchanges
*1-.-z-zrr` tilt oh t4 Phone : 022-22708100 22708400 Website : www.newindia.co.in THE NEW INDIA ASSURANCE COMPANY LTD. 4-4-wd.1rErr-40,itiimq ftzTrvzi'R--4r Rik'', 87, iiwit imi - 400 001. Regd & Head Office : New India Assurance Bldg., 87, M.G. Road, Fort, Mumbai - 400 001. CIN No. L66000MH1919G010
Slide 2: The New India Assurance Co. Ltd
EW INDIA ASSURANCE The New India Assurance Co. Ltd
Slide 3: Overview
Overview Largest general insurance company in India with an established brand, expansive multi-channel distribution network and strong international presence #1 in India ~30 million policies in terms of net worth, domestic gross direct premium, highest number of offices and maximum issued in FY2020
Slide 4: Overview: Segment Wise Performance in Gross Direct Premium
Overview Amount in Crores Leaders in Segment Wise Performance in terms of Gross Direct Premium Income Underwritten 9M FY 20-21 SEGMENT GDPI Fire 3028 Marine 528 Industry NIA Engineering 453 Highest Market Segments showing highest Motor 6387 Gross Direct Premium Share GDPI underwritten in Underwritte
Slide 5: Future Strategy
Future Strategy Increasing Return on Equity Reducing combined ratio Maintain/Increase market share and leverage benefits of economies of scale driven by growth Rationalisation of operating offices, Maintaining healthy solvency margin, Increasing Digital penetration Leverage technology to drive custo
Slide 6: Business Mix – Global GWP 9M FY20-21
Business Mix – Global GWP 9M FY20-21 Gross Written Premium 23976 Cr 12% 19% Fire 2% Marine Motor OD 13% Motor TP 35% Health & PA Others 18% 5
Slide 7: Distribution Mix – Indian Business 9M FY 20-21
Distribution Mix – Indian Business 9M FY 20-21 Channel Mix 28% 29% Direct Agency Dealer 1% Bancassurance Broker 7% 35% 6
Slide 8: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 41223 37656 33749 29740 26700 FY 17 FY 18 FY 19 FY 20 9M 20-21 7
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores GWP- Gross Written Premium PAT- Profit after Tax 31244 28017 23099 23976 GWP 580 1418 1291 1363 PAT 2018-19 2019-20 9M -FY 20 9M -FY 21 8
Slide 10: Financial Snapshot
Financial Snapshot Amount in Crores -Investments -Net Worth including Fair Value Change Account 69075 68424 62864 62352 38022 35246 34851 25971 Investments Net Worth including Fair 2018-19 2019-20 9M -FY 20 9M -FY 21 Value Change 9
Slide 11: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 91.55% 91.43% 79.35% 9.13% 9.37% 9.37% 9M - FY 20 FY 20 9M - FY 21 9M - FY 20 FY 20 9M - FY 21 Expense Ratio 20.90% 15.70% 15.63% 9M - FY 20 FY 20 9M - FY 21 10
Slide 12: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 116.37% 116.43% 109.62% 96.59% 97.98% 95.43% 9M - FY 20 FY 20 9M - FY 21 9M - FY 20 FY 20 9M - FY 21 Solvency Ratio ROE 2.15 2.10 2.11 10.48% 10.95% 9.01% 9M - FY 20 FY 20 9M - FY 21 9M - FY 20 FY 20 9M - FY 21 11
Slide 13: Segment Information
Segment Information For Q3 For Q3 For Q3 GWP 2020-21 2019-20 YoY % ICR % Q3 19-20 (in crores) (in crores) 2020-21 Fire 1387 1175 18 Fire 35% 72% Marine 224 196 14 Marine 79% 49% Motor OD 1196 1193 0 Motor OD 99% 85% Motor TP Motor TP 79% 88% 1707 1553 10 Health including Health including 106% 97% Pe
Slide 14: About Us
About Us The New India Assurance Company Ltd, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. The Company has been market leaders in India in Non – Life business since nationalisation. First General In
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