New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — H1 FY2019-20 Earnings Presentation
12 slides from New India Assurance's earnings presentation, Nov 15, 2019
Slide 1: Cover letter to stock exchanges
Phone : 022-22708100 f-cqiewErr TAT-4r ci)41 22708400 THE NEW INDIA ASSURANCE COMPANY LTD. Website : www.newindia.co.in . e Trat-a. 0 TrErr4 er r : ftzif 1-HF4W71, 87, 71F IT IFIg, - 400 001. Regd. & Head Office : New India Assurance Bldg., 87, M.G.Road, Fort, Mumbai - 400 001. CIN No. L66000MH1919G
Slide 2: Half Year ended 30.09.2019 Investor Presentation
H a l f Ye a r e n d e d 30.09.2019 Investor Presentation
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 H1 FY 2019-20
Business Mix – Global GWP H1 FY 2019-20 Gross Written Premium 16,110 Cr 9.11 15.60 8.26 2.69 13.39 33.36 17.59 Fire Marine Motor OD Motor TP Health & PA Crop Others 4
Slide 6: Distribution Mix – Indian Business FY19
Distribution Mix – Indian Business FY19 Channel Mix 1.37% 19.78% 29.68% 9.30% 39.87% Direct Agency Dealer Broker Bancassurance 5
Slide 7: Movement in Technical Reserves (Cr)
Movement in Technical Reserves (Cr) 36,333 33,749 29,740 26,700 24,338 FY 16 FY 17 FY 18 FY 19 H1 2019-20 6
Slide 8: Financial Snapshot
Financial Snapshot Amount in Crores Investments GWP 69,074 16,110 67,836 13,466 H1F19 H1F20 F19 H1F20 PAT Net Worth 964 808 38,022 530 35,632 329 F19 H1F20 Q2F19 Q2F20 H1F19 H1F20 10
Slide 9: Key Ratios
Key Ratios Incurred Claims Ratio Expense Ratio Commission Ratio 95.39% 18.25% 9.94% 9.35% 93.19% 92.81% 15.23% 15.27% 8.55% H1F19 F19 H1F20 H1F19 F19 H1F20 H1F19 F19 H1F20 Combined Ratio Adjusted Combined Ratio Solvency Ratio ROE 106.47% 2.13 123.58% 10.01% 117.78% 99.47% 99.37% 2.08 116.64% 3.72% H
Slide 10: Segmental Information
Segmental Information GWP(in ICR % Q2 F20 Q2 F19 Q2 F20 Q2 F19 YoY % crores) Fire 87.83% 130.81% Fire 1,021.54 842.75 21.21% Marine 55.41% 129.34% Marine 207.35 164.20 26.28% Motor OD 76.61% 78.32% Motor OD 1,075.26 1,047.86 2.61% Motor TP 92.48% 93.67% Motor TP 1,523.55 1,350.36 12.83% Health 98.14
Slide 11: Comments of Mr. Atul Sahai, CMD
Comments of Mr. Atul Sahai, CMD “It is heartening that the Company has recorded encouraging results despite a challenging operating environment. These results are despite the Company incurring significant losses to its net, to the tune of 335 crores during the quarter due to floods in different part
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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