New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Investor Presentation (November 2020)
14 slides from New India Assurance's investor presentation, Nov 17, 2020
Slide 1: Investor Presentation cover letter to stock exchanges
Phone : 022-22708100 "k'L Tfttir ch1441 fiir4ias 22708400 Website : www.newindia.co.in THE NEW INDIA ASSURANCE COMPANY LTD. cT l : e-sqi witfTf-e---Tr, 87, nit mrf, =Mt, 1-4 - 400 001. Regd. & Head Office : New India Assurance Bldg., 87, M.G. Road, Fort, Mumbai - 400 001. CIN No. L66000MH19196010005
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: Leaders in Segment Wise Performance
Overview Amount in Crores Leaders in Segment Wise Performance in terms of Gross Direct Premium Income Underwritten H1 FY 20-21 SEGMENT GDPI Fire 2075 Marine Hull 158 NIA Engineering 302 Industry Motor TP 2678 Highest Market Segments showing highest Gross Direct Premium Share GDPI underwritten in Hea
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 H1 FY20-21
Business Mix – Global GWP H1 FY20-21 Gross Written Premium 16146 Cr 14% 20% Fire Marine 2% Motor OD 12% Motor TP Health & PA 36% 16% Others 5
Slide 7: Distribution Mix – Indian Business H1 FY 20-21
Distribution Mix – Indian Business H1 FY 20-21 Channel Mix 25% 32% Direct Agency Dealer Bancassurance Broker 1% 6% 36% 6
Slide 8: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 37656 41209 33749 29740 26700 FY 17 FY 18 FY 19 FY 20 H1 20-21 7
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores GWP- Gross Written Premium PAT- Profit after Tax 31244 28017 16110 16146 GWP 580 1418 808 842 PAT 2018-19 2019-20 H1 -FY 20 H1 -FY 21 10
Slide 10: Financial Snapshot
Financial Snapshot Amount in Crores -Investments -Net Worth including Fair Value Change Account 59190 58566 58232 51379 38022 35632 30476 25971 Investments Net Worth including Fair Value Change 2018-19 2019-20 H1 -FY 20 H1 -FY 21 10
Slide 11: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 92.81% 91.43% 75.69% 8.55% 9.37% 9.12% H1 - FY 20 FY 20 H1 - FY 21 H1 - FY 20 FY 20 H1 - FY 21 Expense Ratio 20.95% 15.25% 15.63% H1 - FY 20 FY 20 H1 - FY 21 10
Slide 12: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 116.62% 116.43% 99.34% 97.98% 94.26% 105.75% H1 - FY 20 FY 20 H1 - FY 21 H1 - FY 20 FY 20 H1 - FY 21 Solvency Ratio ROE 2.14 2.11 2.08 10.01% 10.35% 9.01% H1 - FY 20 FY 20 H1 - FY 21 H1 - FY 20 FY 20 H1 - FY 21 11
Slide 13: Segment Information
Segment Information H1 20-21 H1 19-20 GWP (in crores) (in crores) YoY % ICR % H1 20-21 H1 19-20 Fire 3151 2513 25 Fire 96% 86% Marine 370 434 -15 Marine 57% 66% Motor OD 1972 2157 -9 Motor OD 64% 80% Motor TP 2643 2833 -7 Motor TP 63% 93% Health including Health including 74% 101% Personal Accident
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. First General I
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