New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Q2 FY2024-25 Earnings Presentation
16 slides from New India Assurance's earnings presentation, Oct 31, 2024
Slide 1: Exchange filing cover letter: Investor Presentation
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Slide 3: Investor Presentation for Period Ending 30th September 2024
NEW INDIA ASSURANCE The New India Assurance Co. Ltd r-11 <4 -•r1 The New India Assurance Co. Ltd Investor Presentation For Period Ending 30th September 2024
Slide 4: Agenda
NEW INDIA ASSURANCE 1 t.,,v?-11-t, tt qA=1 Agenda The New India Assurance Co. Ltd ➢Industry Overview ➢Company Overview ➢Financial Performance ➢Segmental Performance
Slide 5: Industry Overview
NEW INDIA ASSURANCE fa w3 * uv.=4) f N-rtitg Industry Overview The New India Assurance Co. Ltd Leader in Segment Wise Performance in terms of Gross Direct Premium Income Underwritten for Q2 FY 2024-25 Market leader in Major segments FIRE 2005 Insurance New India MARINE 524 Indust ENGINEERING 481 Hig
Slide 6: Company Overview
NEW INDIA ASSURANCE fk I 1-!V Company Overview The New India Assurance Co. Ltd
Slide 7: ESG Initiatives
NEW INDIA ASSURANCE ESG Initiatives 1A. •••5?-4 I LJV *C•-•<-1 *TT* fmftitg The New India Assurance Co. Ltd Environmental • Reducing carbon footprints by sustainable practice • Green energy solutions and Digital process Governance Social • Implemented various • Involved in various social governance
Slide 8: Future Strategy: Increasing return on equity
NEW INDIA ASSURANCE Future Strategy :1,vftrerr vv,441-c—tr ...‘4-1-t el as The New India Assurance Co. Ltd Increasing return on equity INCREASE IN MARKET RATIONALISATION OF SHARE OPERATING OFFICES. LEVERAGE TECHNOLOGY TO DRIVE IMPROVING PROFIT INCREASING DIGITAL CUSTOMER MARGIN BY PENETRATION SATISF
Slide 9: Distribution Mix — Indian Business for Q2 FY 2024-25
NEW INDIA ASSURANCE The New India Assurance Co. Ltd Distribution Mix — Indian Business for Q2 FY 2024-25 Direct Broker 29% 33% Bancassurance 1% Dealer Agency 8% 29%
Slide 10: Financial Performance
NEW INDIA ASSURANCE Financial Performance The New India Assurance Co. Ltd Particulars Q2 FY 2024-25 Q2 FY 2023-24 Growth GDPI 20745 20088 3.27 GWP 21408 20760 3.12 NEP 17028 16125 5.6o Profit after tax 288 6o 378.04 Net Worth 21212 19830 6.97 Net Worth including Fair Value Change 50232 41638 20.64 I
Slide 11: Product Mix GWP Q2 FY 24-25
NEW INDIA ASSURANCE Product Mix The New India Assurance Co. Ltd GWP Q2 FY 24-25 Others, 10% Fire, 15% "00,000 Marine, 3% Motor OD, 12% Health & PA, 47% Motor TP, 14%
Slide 12: Movement in Technical Reserves (Cr)
NEW INDIA ASSURANCE "ft '1* -s4.11 Liv.g),(--Nai k.i--iliNfiTt-g. The New India Assurance Co. Ltd Movement in Technical Reserves (Cr) 45098 47547 50114 50165 52150 42450 37656 FY 20 FY 21 FY 22 FY 23 FY 24 Q2 FY 23-24 Q2 FY 24-25 r Column1 37656 42450 45098 47547 50114 50165 52150 11
Slide 13: Key Ratios
NEW INDIA ASSURANCE fa- ?-1 It-f) faRrtg The New India Assurance Co. Ltd Key Ratios Ratios Q2 FY 2024-25 Q2 FY 2023-24 Incurred ClainTRatio 101.03 Commission Ratio 9.41 8.82 Expense Ratio 12.22 12.83 Combined ratio 120.55 122.68 Solvency Ratio 1.81 1.70 ROE 5.44 0.61
Slide 14: Segmental Performance
NEW INDIA ASSURANCE fa I -4) \41 * •1 fffRitg The New India Assurance Co. Ltd Segmental Performance Gross Written Premium Net Earned Premium Incurred Claim Ratio Q2 FY 24-25 YOY% Q2 FY 24-25 Q2 FY 23-24 YOY% Q2 FY 24-25 Q2 FY 23-24 Q2 FY 23-24 111 1334 L436 0.1 258 4.26 63.01 • 50.80 Motor OD 2528 2
Slide 15: Comments of the CMD- Ms Girija Subramanian
NEW INDIA ASSURANCE fk •-5?-11 VV•Z-1)*S"-*1 t fartitg The New India Assurance Co. Ltd Comments of the CHID- Ms Girija Subramanian The New India Assurance Company reports Profit After Tax of 288 Cr for the quarter ending September 2024 "While the premium growth in the first half has been muted, it w
Slide 16: Thank You!
NEW INDIA ASSURANCE Wira-g The New India Assurance Co. Ltd Thank You!
The New India Assurance Company — Q2 FY2024-25 Earnings Presentation on 6ix