New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Q1 FY2022 Earnings Presentation
14 slides from New India Assurance's earnings presentation, Aug 13, 2021
Slide 1: Investor Presentation filing letter
Phone : 022-22708100 f4- Wi 4ft-4T tt ciV41 22708400 Website : www.newindia.co.in THE NEW INDIA ASSURANCE COMPANY LTD. It-AT4T4111177 a, : f-- <Tim/rwf-4-1 7, 87, =moil Titt TO, Ozt, - 400 001. Regd & Head Office : New India Assurance Bldg., 87, M.G. Road, Fort, Mumbai - 400 001. CIN No. L66000MH191
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 FY2021
Slide 4: Overview: Leaders in Segment Wise Performance
Overview Amount in Crores Leaders in Segment Wise Performance in terms of Gross Direct Premium Income Underwritten for the Quarter ended June 2021 Market leader in most major segments SEGMENT GDPI Fire 1397 Marine 223 Industry NIA Engineering 185 Highest Market Segments showing highest Motor 1532 Gr
Slide 5: Future Strategy
Future Strategy Increasing return on equity Maintain/Increase market Rationalisation of operating Leverage technology to share and leverage benefits offices, Maintaining healthy drive customer satisfaction, of economies of scale solvency margin, Increasing profitability and growth driven by growth D
Slide 6: Business Mix – GWP Q1 FY 21-22
Business Mix – GWP Q1 FY 21-22 Gross Written Premium 9718 Cr Others, 9% Fire, 19% Marine, 2% Motor OD, 9% Health & PA, 51% Motor TP, 10% 5
Slide 7: Distribution Mix – Indian Business Q1 FY 21-22
Distribution Mix – Indian Business Q1 FY 21-22 Channel Mix Broker 34% Direct 37% Bancassurance 1% Dealer 4% Agency 24% 6
Slide 8: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 42450 44347 37656 33749 26700 29740 FY 17 FY 18 FY 19 FY 20 FY 21 Q1 22 7
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores GWP- Gross Written Premium PAT- Profit after Tax 31244 33046 8368 9718 1418 1604 286 89 GWP PAT 2019-20 2020-21 Q1 FY 21 Q1 FY 22 8
Slide 10: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 84.19% 92.91% 9.21% 9.15% 66.28% 6.70% Q1 FY 21 FY 21 Q1 FY 22 Q1 FY21 FY 21 Q1 FY22 Expense Ratio 26.66% 19.93% 14.36% Q1 FY 21 FY 21 Q1 FY 22 10
Slide 11: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 102.14% 113.28% 113.96% 101.79% 93.31% 97.25% Q1 FY 21 FY 21 Q1 FY 22 Q1 FY 21 FY 21 Q1 FY 22 Solvency Ratio ROE 2.11 2.13 9.58% 2.00 7.18% 2.09% Q1 FY 21 FY 21 Q1 FY 22 Q1 FY 21 FY 21 Q1 FY 21 10
Slide 12: Segment Information
Segment Information For Q1 For Q1 For Q1 For Q1 GWP 2021-22 2020-21 YoY % ICR % 2021-22 2020-21 (in crores) (in crores) Fire Fire 49.35 116.12 1824 1927 -5.34 Marine Marine 59.74 35.44 236 199 18.59 Motor OD Motor OD 78.83 50.30 851 923 -7.80 Motor TP 71.76 60.33 Motor TP 1018 1154 -11.79 Health inc
Slide 13: Comments of Mr. Atul Sahai, CMD
Comments of Mr. Atul Sahai, CMD ‘’Q1FY22 has been one of the most challenging quarters in recent times for the entire general insurance industry and New India was no different. The 2nd wave of COVID-19 pandemic was at its peak during this quarter. New India Assurance paid about 1,205 Cr as COVID-19
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 nationalization. First General In
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