New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — 9M FY2020 Earnings Presentation
12 slides from New India Assurance's earnings presentation, Feb 10, 2020
Slide 1: Cover letter to stock exchanges: Investor Presentation
f±i¥ fflqhaanfae Phone : 022-22788188 THE NEW INDIA ASSURANCE COMPANy LTD. Website : www.newindia.co.in iftyqamITarfu:Ttrdrfffl,87,qmTffind,t#,*-4ooooi. I]egd & Head Ofllce : New India Assurance Bldg., 87, M.G. Pload, Fort, Mumbai -400 001. CIN No. L66000MH1919GO1000526 Ref No. : NIACL/Inv/2019-20 F
Slide 2: Investor Presentation for the period ended 31.12.2019
Investor Presentation for the period ended 31.12.2019.
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 FY2019 across
Slide 4: Future Strategy: Increasing Return on Equity
Future Strategy Increasing Return on Equity Maintain/Increase market Leverage technology to Improve underwriting share and leverage drive customer profitability by reducing benefits of economies of satisfaction, profitability the incurred claim ratio scale driven by growth and growth 3
Slide 5: Business Mix – Global GWP 9MFY20
Business Mix – Global GWP 9MFY20 Gross Written Premium 23099 Cr 8.89 15.97 5.90 2.73 14.50 33.02 18.99 Fire Marine Motor OD Motor TP Health & PA Crop Others 4
Slide 6: Distribution Mix – Indian Business Period Ended December 2019
Distribution Mix – Indian Business Period Ended December 2019 Channel Mix Bancassurance 1% Broker 24% Direct 31% Dealer 8% Agency 36% Direct Agency Dealer Broker Bancassurance 5
Slide 7: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 36,902 33,749 29,740 26,700 24,338 FY 16 FY 17 FY 18 FY 19 9M 2019-20 6
Slide 8: Financial Snapshot
Financial Snapshot Amount in Crores Investments GWP 68,645 69,074 68,435 28,017 23,099 20,246 9M F19 F19 9M F20 9M F19 F19 9M F20 PAT Net Worth 1291 850 38,582 38,022 35,246 483 Q3 F19 Q3 F20 9M F19 9M F20 9M F19 F19 9M F20 -114 10
Slide 9: Key Ratios
Key Ratios Incurred Claims Ratio Expense Ratio Commission Ratio 96.07% 18.25% 95.39% 9.94% 91.55% 9.34% 15.59% 15.70% 9.13% 9M F19 F19 9M F20 9M F19 F19 9M F20 9M F19 F19 9M F20 ROE Combined Ratio Adjusted Combined Ratio Solvency Ratio 10.48% 123.57% 106.46% 2.13 2.10 121.02% 103.46% 7.21% 116.37% 9
Slide 10: Segmental Information
Segmental Information For Q3 9-20 For Q3 18-19 GWP (in crores) (in crores) YoY % ICR % Q3 2019-20 Q3 2018-19 Fire 1,175.01 872.23 34.71% Fire 72% 141% Marine 196.76 182.41 7.86% Marine 49% 52% Motor OD 1,193.07 1,127.11 5.85% Motor OD 85% 92% Motor TP 1,553.00 1,484.00 4.65% Motor TP 88% 101% Health
Slide 11: 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. While the Quarter did not witness any major cat losses, the crop segment was adversely affected due to unseasonal rains across the country. The Company has improv
Slide 12: 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
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