New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — FY2022 Earnings Presentation
14 slides from New India Assurance's earnings presentation, May 30, 2022
Slide 1: Investor Presentation cover letter to exchanges
-74:0-4T 404-11 (matt WOW WI- 349111-1 THE NEW INDIA ASSURANCE COMPANY LTD. (Govt. of India Undertaking) 4- 3Frd.7 &RT- - 4- Phone : 022 2270 8100 1:17iT9-cr431I5117 : 7zI'R$1•kk-t-TT, 87, k-t)J, "01 - 400 001. 022 2270 8400 Regd. & Head Office : New India Assurance Bldg., 87, M.G. Road, Fort, Mumba
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 Up to Q4 FY 21-22 Market leader in all the major segments SEGMENT GDPI Fire 3959 Marine 872 Industry NIA Engineering 765 Highest Market Segments showing highest Motor 8239 Gross Direct
Slide 5: Future Strategy: Increasing return on equity
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 – Global GWP Up to Q4 FY21-22
Business Mix – Global GWP Up to Q4 FY21-22 Gross Written Premium 36835 Cr Others, 11% Fire, 16% Marine, 3% Motor OD, 11% Health & PA, 44% Motor TP, 15% 5
Slide 7: Distribution Mix – Indian Business Upto Q4 FY 21-22
Distribution Mix – Indian Business Upto Q4 FY 21-22 Channel Mix Broker Direct 32% 31% Bancassurance 1% Dealer 7% Agency 29% 6
Slide 8: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 45098 42450 37656 33749 26700 29740 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 7
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores GWP- Gross Written Premium PAT- Profit after Tax 33046 36835 1604 164 GWP PAT 2020-21 2021-22 8
Slide 10: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 99.46% 9.15% 84.19% 7.70% FY 21 FY 22 FY 21 FY22 Expense Ratio 19.94% 13.49% FY 21 FY 22 10
Slide 11: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 120.66% 104.93% 113.28% 97.25% FY 21 FY 22 FY 21 FY 22 Solvency Ratio ROE 2.13 1.66 9.58% 1.22% FY 21 9M FY 22 FY 21 FY 22 10
Slide 12: Segment Information
Segment Information For FY For FY For FY For FY GWP 2021-22 2020-21 YoY % ICR % 2021-22 2020-21 (in crores) (in crores) Fire Fire 74.67 74.07 6053 5878 2.98 Marine Marine 76.64 73.53 960 940 2.13 Motor OD Motor OD 100.05 85.33 4016 4322 (7.08) Motor TP 83.09 73.17 Motor TP 5629 6110 (7.87) Health in
Slide 13: Comments of Ms. Madhulika Bhaskar, General Manager
Comments of Ms. MADHULIKA BHASKAR, General Manager • “The company continued to report impressive premium growth with the GWP for the financial year clocking an increase of 11.47% over the same period last year. The company continues to grow faster than the industry and has increased its market share
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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