New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — FY2020 Earnings Presentation
14 slides from New India Assurance's earnings presentation, Jul 6, 2020
Slide 1: Cover letter to stock exchanges: Investor Presentation
ft qEfch uFfa an fas phone : o22-::;:§i:: THE NEW INDIAASSURANCE COMPANY LTD. Website : www.newindia.co.in ifty¢quFTch:=givgivfafdr,87,qgifflThiri,di,giv-4OOooi. Regd. & Head Office : New India Assurance Bldg., 87, M.G.Road. Fort, Mumbai -400 001. CIN No. L66000MH1919GO1000526 Ref No.: NIACL/Inv/202
Slide 2: Investor Presentation FY 19-20
Investor Presentation FY 19-20
Slide 3: Overview
Overview Largest general insurance company in India with an established brand, expansive multi-channel distribution network and strong international presence c.100 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 FY20
Business Mix – Global GWP FY20 Gross Written Premium 31244 Cr 10% 16% Fire 6% 3% Marine Motor OD 14% Motor TP 31% Health & PA Crop 20% Others 4
Slide 6: Distribution Mix – Indian Business FY 20
Distribution Mix – Indian Business FY 20 Channel Mix 25% 29% Direct Agency 1% Dealer Bancassurance 8% Broker 37% 5
Slide 7: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 37656 33749 29740 26700 24338 FY 16 FY 17 FY 18 FY 19 FY 20 6
Slide 8: Financial Snapshot
Financial Snapshot Amount in Crores GWP PAT 31244 1418 28017 580 FY 19 FY 20 FY 19 FY 20 10
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores Net Worth Investments 69075 15762 15726 62864 FY 19 FY 20 FY 19 FY 20 10
Slide 10: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 95.39% 91.43% 9.94% 9.37% FY19 FY20 FY19 FY20 Expense Ratio 18.24% 15.63% FY19 FY20 9
Slide 11: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 123.57% 116.43% 106.46% 97.98% FY19 FY20 FY19 FY20 Solvency Ratio ROE 9.01% 2.13 2.11 3.72% FY19 FY20 FY19 FY20 10
Slide 12: Segmental Information
Segmental Information FY 19-20 (in FY 18-19 (in GWP crores) crores) YoY % ICR % FY20 FY19 Fire 5061 4100 23.44 Fire 76% 113% Marine 847 811 4.44 Marine 68% 82% Motor OD 4436 4506 -1.55 Motor OD 82% 86% Motor TP 6135 5842 5.02 Motor TP 88% 89% Health Health 100% 100% 9557 8397 13.81 Personal Personal
Slide 13: Comments of Mr. Atul Sahai, CMD
Comments of Mr. Atul Sahai, CMD • “The Company has continued to report encouraging results for the quarter despite a challenging macro environment due to Covid 19 which impacted the economy in March 2020. The Company has improved the loss ratio on YoY basis. The Company has provided 1055 crs for the
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. New India Assur
The New India Assurance Company — FY2020 Earnings Presentation on 6ix