New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Q3 FY2021-22 Earnings Presentation
14 slides from New India Assurance's earnings presentation, Feb 24, 2022
Slide 1: Investor Presentation cover letter to stock exchanges
f—gEriTrEORT - civ441 (WM titchit 349h1-1) THE NEW INDIA ASSURANCE COMPANY LTD. 3Tr7itt (Govt. of India Undertaking) 31'77:ft-ffg ItATKRA' W.111 chI 4 1q : rr 87, Tat 1:10, -4;1J, 4-4 - 400 001. Phone : 022 2270 8100 022 2270 8400 Regd. & Head Office : New India Assurance Bldg., 87, M.G. Road, Fort,
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 Upto Q3 FY 21-22 Market leader in most major segments SEGMENT GDPI Fire 3217 Marine 645 Industry NIA Engineering 559 Highest Market Segments showing highest Motor 5852 Gross Direct Prem
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 Upto Q3 FY21-22
Business Mix – Global GWP Upto Q3 FY21-22 Gross Written Premium 27898 Cr Others, 11% Fire, 17% Marine, 2% Motor OD, 10% Health & PA, 46% Motor TP, 14% 5
Slide 7: Distribution Mix – Indian Business Upto Q3 FY 21-22
Distribution Mix – Indian Business Upto Q3 FY 21-22 Channel Mix Broker 31% Direct 35% Bancassurance 1% Dealer 6% Agency 27% 6
Slide 8: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 44383 42450 37656 33749 26700 29740 FY 17 FY 18 FY 19 FY 20 FY 21 9M 22 7
Slide 9: Financial Snapshot
Financial Snapshot Amount in Crores GWP- Gross Written Premium PAT- Profit after Tax 31244 33046 27898 23976 1418 1604 1363 708 GWP PAT 2019-20 2020-21 9M FY 21 9M FY 22 8
Slide 10: Key Ratios
Key Ratios Incurred Claims Ratio Commission Ratio 99.48% 9.37% 9.15% 79.35% 84.19% 7.39% 9M FY 21 FY 21 9M FY 22 9M FY21 FY 21 9M FY22 Expense Ratio 20.90% 19.94% 13.14% 9M FY 21 FY 21 9M FY 22 10
Slide 11: Key Ratios
Key Ratios Combined Ratio Adjusted Combined Ratio 113.28% 120.01% 97.25% 102.46% 109.62% 95.43% 9M FY 21 FY 21 9M FY 22 9M FY 21 FY 21 9M FY 22 Solvency Ratio ROE 2.15 2.13 10.95% 9.58% 1.83 5.18% 9M FY 21 FY 21 9M FY 22 9M FY 21 FY 21 9M FY 22 10
Slide 12: Segment Information
Segment Information For 9M For 9M For 9M For 9M GWP 2021-22 2020-21 YoY % ICR % 2021-22 2020-21 (in crores) (in crores) Fire Fire 71.97 76.10 4740 4537 4.47% Marine Marine 62.12 65.85 688 594 15.82% Motor OD Motor OD 98.55 75.53 2876 3168 -9.22% Motor TP 78.19 68.49 Motor TP 3939 4350 -9.45% Health
Slide 13: Comments of Mr. Atul Sahai, CMD
Comments of Mr. Atul Sahai, CMD • “The company continued to report impressive premium growth with the GWP for the third quarter clocking an increase of 15.7% over the same quarter last year and 16.4% in the 9-month period compared to the same period last year. The company continues to grow faster th
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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