New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — 9MFY19 Earnings Presentation
10 slides from New India Assurance's earnings presentation, Feb 8, 2019
Slide 1: 9MFY19 Investor Presentation
9MFY19 Investor Presentation
Slide 2: 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 ~28 million policies in terms of net worth, domestic gross Incorporated in 1919 issued in FY2018 across
Slide 3: 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 4: Business Mix – Global GWP FY18
Business Mix – Global GWP FY18 Gross Written Premium 26,554 Cr 8% 14% 7% 3% 17% 29% 22% Fire Marine Motor OD Motor TP Health & PA Crop Others 4
Slide 5: Distribution Mix – Indian Business FY18
Distribution Mix – Indian Business FY18 Channel Mix 1.3% 27.2% 29.3% 42.2% Direct Agency Broker Bancassurance 5
Slide 6: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 32961 29740 26700 24338 22048 20409 F14 F15 F16 F17 F18 Q3F19 6
Slide 7: Financial Snapshot
Financial Snapshot GWP Investments 26,554 68,640 20,246 64,559 6,780 F18 Q3F19 9MF19 F18 9MF19 2,201 PAT Net Worth 38,582 850 38,300 -114 F18 Q3F19 9MF19 F18 9MF19 10
Slide 8: Key Ratios
Key Ratios Incurred Claims Ratio Expense Ratio Commission Ratio 101.49% 16.84% 9.32% 9.34% 96.07% 16.39% 15.61% 8.70% 85.66% F18 Q3F19 9MF19 F18 Q3F19 9MF19 F18 Q3F19 9MF19 ROE Combined Ratio Adjusted Combined Ratio Solvency Ratio 127.19% 114.14% 103.46% 16.09% 94.60% 2.58 121.02% 10.82% 111.21% 2.2
Slide 9: Segmental Information
Segmental Information GWP 9MF19 9MF18 YoY % ICR % 9MF19 9MF18 Fire 2,761 2,591 6.56% Fire 125% 78% Marine 536 492 8.94% Marine 65% 58% Motor OD 3,276 3,333 -1.71% Motor OD 83% 74% Motor TP 4,200 3994 5.16% Motor TP 93% 90% Health 6,266 5,294 18.36% Health 98% 102% Personal Accident 363 307 18.24% Pe
Slide 10: 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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