New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — H1 FY22 Earnings Presentation
14 slides from New India Assurance's earnings presentation, Nov 12, 2021
Slide 1: Investor Presentation cover letter to stock exchanges
Phone : 022-22708100 f —Pi *ftEn. Vti)t.ki cht441 ICIPHaS 22708400 Website : www.newindia.co.in THE NEW INDIA ASSURANCE COMPANY LTD. LiATI.01:1414 ch I ti : 9Irft-zrr 77-0474r f4f— Tr, 87, 1-11(411 TO, -11-4 - 400 001. Regd. & Head Office : New India Assurance Bldg., 87, M.G. Road, Fort, Mumbai - 40
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 FY2021
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 21-22 Market leader in most major segments SEGMENT GDPI Fire 2181.85 Marine 416.1 Industry NIA Engineering 386.24 Highest Market Segments showing highest Motor 3538.39 Gross Direc
Slide 5: Future Strategy
Future Strategy Increasing return on equity Maintain/Increase market Rationalisation of operating Leverage technology to share and leverage benefits offices, Maintaining healthy drive customer satisfaction, of economies of scale solvency margin, Increasing profitability and growth driven by growth D
Slide 6: Business Mix – Global GWP H1 FY21-22
Business Mix – Global GWP H1 FY21-22 Gross Written Premium 18838.77 Cr Others, 12% Fire, 17% Marine, 2% Motor OD, 10% Health & PA, 47% Motor TP, 13% 5
Slide 7: Distribution Mix – Indian Business H1 FY 21-22
Distribution Mix – Indian Business H1 FY 21-22 Channel Mix Broker Direct 33% 33% Bancassurance 1% Dealer 6% Agency 27% 6
Slide 8: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 42450 44248 37656 33749 26700 29740 FY 17 FY 18 FY 19 FY 20 FY 21 H1 22 7
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores GWP- Gross Written Premium PAT- Profit after Tax 31244 33046 18838 16146 1418 1604 842 217 GWP PAT 2019-20 2020-21 H1 FY 21 H1 FY 22 8
Slide 10: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 100.90% 9.12% 9.15% 75.69% 84.19% 6.96% H1 FY 21 FY 21 H1 FY 22 H1 FY21 FY 21 H1 FY22 Expense Ratio 20.95% 19.94% 12.79% H1 FY 21 FY 21 H1 FY 22 10
Slide 11: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 120.65% 104.26% 105.75% 113.28% 94.26% 97.25% H1 FY 21 FY 21 H1 FY 22 H1 FY 21 FY 21 H1 FY 22 Solvency Ratio ROE 2.14 2.13 10.35% 9.58% 1.90 2.41% H1 FY 21 FY 21 H1 FY 22 H1 FY 21 FY 21 H1 FY 22 10
Slide 12: Segment Information
Segment Information For H1 For H1 2020- For H1 For H1 GWP 2021-22 21 YoY % ICR % 2021-22 2020-21 (in crores) (in crores) Fire Fire 89.92 96.34 3174 3151 0.72% Marine Marine 67.26 57.00 445 370 20.32% Motor OD Motor OD 93.32 63.94 1798 1972 -8.81% Motor TP 75.61 63.37 Motor TP 2386 2643 -9.71% Health
Slide 13: Comments of Mr. Atul Sahai, CMD
Comments of Mr. Atul Sahai, CMD • "Q2FY22 was one of the most challenging quarters in recent times in terms of profitability. However, in terms of business growth, the Company grew at around 20% compared to the industry growth of around 13%. • The company paid about 1,250 Cr worth of COVID claims in
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 since nationalization. First General In
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