New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Q1 FY21 Earnings Presentation
14 slides from New India Assurance's earnings presentation, Aug 17, 2020
Slide 1: Cover letter to stock exchanges
f± i €fingiv arm fSfiTfa Phone : 022-2278#88 THE NEW INDIA ASSURANCE COMPANy LTD. Website : www.newindia.co.in ifty¢mFTffiha:Tgivtwfafin,87,t]€m7ffiwl,tt,giv-4OOooi. Regd. & Head Office : New India Assurance Bldg., 87, M.G. Pload, Fort, Mumbai -400 001. CIN No. L66000MH1919GO1000526 Ref No. : NIACL/
Slide 2: Investor Presentation Q1 FY21
Investor Presentation Q1 FY21
Slide 3: Overview
Overview Largest general insurance company in India with an established brand, expansive multi-channel distribution network and strong international presence c.101 years of #1 in India operations ~30 million policies in terms of net worth, domestic gross Incorporated in 1919 issued in FY2020 across
Slide 4: Future Strategy
Future Strategy Increasing Return on Equity Maintain/Increase market Improve underwriting Leverage technology to drive share and leverage benefits profitability by reducing the customer satisfaction, of economies of scale driven incurred claim ratio profitability and growth by growth 3
Slide 5: Business Mix – Global GWP Q1 FY20-21
Business Mix – Global GWP Q1 FY20-21 Gross Written Premium 8368 Cr 9% 23% Fire Marine 2% Motor OD Motor TP 41% 11% Health & PA Others 14% 4
Slide 6: Distribution Mix – Indian Business Q1 FY 20-21
Distribution Mix – Indian Business Q1 FY 20-21 Channel Mix 34% 34% Direct Agency Dealer Bancassurance Broker 1% 5% 26% 5
Slide 7: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 37656 39799 33749 29740 26700 FY 17 FY 18 FY 19 FY 20 Q1 20-21 6
Slide 8: Financial Snapshot
Financial Snapshot Amount in Crores GWP PAT 8368 7861 278 287 Q1 19-20 Q1 20-21 Q1 19-20 Q1 20-21 10
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores Investments Net Worth 69006 68594 16206 16176 Q1 2019-20 Q1 2020-21 Q1 2019-20 Q1 2020-21 10
Slide 10: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 92.77% 9.21% 66.28% 8.28% Q1 2019-20 Q1 2020-21 Q1 2019-20 Q1 2020-21 Expense Ratio 26.66% 15.22% Q1 2019-20 Q1 2020-21 9
Slide 11: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 116.28% 100.71% 102.14% 93.31% Q1 2019-20 Q1 2020-21 Q1 2019-20 Q1 2020-21 Solvency Ratio ROE 2.13 2.11 6.87% 7.18% Q1 2019-20 Q1 2020-21 Q1 2019-20 Q1 2020-21 10
Slide 12: Segmental Information
Segmental Information Q1 20-21 Q1 19-20 GWP (in crores) (in crores) YoY % ICR % Q1 20-21 Q1 19-20 Fire 1927 1492 29 Fire 116% 83% Marine 199 226 -12 Marine 35% 82% Motor OD 923 1082 -15 Motor OD 50% 84% Motor TP 1154 1310 -12 Motor TP 60% 94% Health including Health including 56% 102% Personal Accid
Slide 13: Comments of Mr. Atul Sahai, CMD
Comments of Mr. Atul Sahai, CMD • The Company has reported encouraging results for the quarter despite a challenging macro environment due to COVID19, which has impacted the economy. There has been a significant improvement in the loss ratio, which apart from the loss minimization and corrective pri
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 for more than 40 years. For further inf
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