New India Assurance Co. Ltd. · NSE:NIACL
New India Assurance — The New India Assurance Company — Q3 FY2024-25 Earnings Presentation
15 slides from New India Assurance's earnings presentation, Jan 28, 2025
Slide 1: Cover letter to stock exchanges
ftErrwh-{-4r cb L 1 I I NI 1-I (1417ff WOW WI. 3400-I) TY. ow-- 3ITTtcm THE NEW INDIA ASSURANCE COMPANY LTD. (Govt. of India Undertaking) 3TIT Wer-ffrq Phone : 022 2270 8100 TtATFO- Vicirff : zTT i i re4R-11, 87, 411c1-if 7Tf 4110, - 400 001. 022 2270 8400 Regd. & Head Office : New India Assurance B
Slide 2: Investor Presentation For Period Ending 31st December 2024
NEW INDIA ASSURANCE The New India Assurance Co. Ltd vt"--zrr u-4-ch-c-tt The New India Assurance Co. Ltd Investor Presentation For Period Ending 31st December 2024
Slide 3: Agenda
NEW INDIA ASSURANCE vv-ceR-4-1 Agenda The New India Assurance Co. Ltd ➢Industry Overview >Company Overview )=Financial Performance ;,-- Segmental Performance
Slide 4: Industry Overview
NEW INDIA ASSURANCE tIv.4.4)•-ei WiTt-g Industry Overview The New India Assurance Co. Ltd Leader in Segment Wise Performance in terms of Gross Direct Premium Income Underwritten for Q3 FY 2024-25 Market leader in Major segments FIRE 3030 --General—) Insurance New India MARINE 756 Industry ENGINEERIN
Slide 5: Company Overview
NEW INDIA ASSURANCE 71,1---?:1114.0V<-1)°&‘-‘4-1 i rMiTtg" Company Overview The New India Assurance Co. Ltd 1.0 A.KKET NCE IN 25 COUNTRIES VFA.n. CiFf\TI'F A f RArrc:" OFFICES IN INDIA. ['RD 111111111 INANT DOMESTIC MARKET POSITION '0•04.111PIVMPIArrwir- RATINGS, c17:1-j.:T[17"' ON r R/ r r=r'; rr 1
Slide 6: ESG Initiatives
NEW INDIA ASSURANCE ESG Initiatives fMtra-g The New India Assurance Co. Ltd NIACL is actively involved in social initiatives, such as NIACL has implemented education and health programs, rigorous governance to support local communities in practice to ensure • need. transparency and accountability in
Slide 7: Future Strategy
NEW INDIA ASSURANCE Future Strategy f1-trt-g The New India Assurance Co. Ltd Increasing return on equity INCREASE IN MARKET RATIONALISATION OF SHARE OPERATING OFFICES. LEVERAGE TECHNOLOGY TO DRIVE IMPROVING PROFIT INCREASING DIGITAL CUSTOMER MARGIN BY PENETRATION SATISFACTION, LEVERAGING PROFITABILI
Slide 8: Distribution Mix — Indian Business for Q3 FY 2024-25
NEW INDIA ASSURANCE "-e-j„ 1 VI V•444 .1-14) The New India Assurance Co. Ltd Distribution Mix — Indian Business for Q3 FY 2024-25 Direct Broker 31% 33% Bancassurance 1% Dealer Agency 9% 26%
Slide 9: Financial Performance
NEW INDIA ASSURANCE The New India Assurance Co. Ltd Financial Performance Particulars Q3 FY 2024-25 Q3 FY 202.3-24 Growth GDPI 31095 30174 3.05 GWP 32186 31425 2 .42 NEP 26061 25071 3.95 Profit after tax 641.39 775.40 -17.28 Net Worth 21515 20754 3.66 Net Worth including Fair Value Change 46506 4479
Slide 10: Product Mix GWP Q3 FY 24-25
NEW INDIA ASSURANCE Product Mix *izs ••4 I tf W-4) `k•-•ti The New India Assurance Co. Ltd fmftitg GWP Q3 FY 24-25 Others, 10% Fire, 15% ,"0"•••• Marine, 2% Motor OD, 12% Health & PA, 46% Motor TP, 15%
Slide 11: Movement in Technical Reserves (Cr)
NEW INDIA ASSURANCE ffiftitg. The New India Assurance Co. Ltd Movement in Technical Reserves (Cr) 52536 50114 50551 47547 45098 42450 37656 FY 20 FY 21 FY 22 FY 23 FY 24 Q3 FY 23-24 Q3 FY 24-25 Column1 37656 42450 45098 47547 50114 50551 52536
Slide 12: Key Ratios
NEW INDIA ASSURANCE *.tr--At fo-ftrtg. The New India Assurance Co. Ltd Key Ratios Ratios Q3 FY 2024-25 Q3 FY 2023-24 Incurred Claim Ratio 97.38 98.07 Commission Ratio 9.50 8.74 Expense Ratio 12.19 13.53 Combined ratio 119.08 120.34 Solvency Ratio 1.90 1.72 ROE 0.04 5.08
Slide 13: Segmental Performance
NEW INDIA ASSURANCE *1'•-s.41u--4-Er)-t-N9 Bt4.1.1 fRitg. The New India Assurance Co. Ltd Segmental Performance Gross Written Premium Net Earned Premium Incurred Claim Ratio Q3 FY 24-25 YOY% Q3 FY 24-25 Q3 FY 23-24 Q3 FY 24-25 Q3 FY 23-24 Q3 FY 23-24 Fire 4786 5264 -9.08 2129 2228 -4.44 68.08 87.13
Slide 14: Comments of the CMD- Ms Girija Subramanian
NEW INDIA ASSURANCE ft• I 74-4LTY•-•(-1 f'oftitg- The New India Assurance Co. Ltd Comments of the CMD- Ms Girija Subramanian The New India Assurance Company reports Profit After Tax of Rs. 641 Cr up to the quarter ending December 2024 The result for the nine-month _period ended 31st Dec 2024 has bee
Slide 15: Thank You!
NEW INDIA ASSURANCE f1A-tft-g The New India Assurance Co. Ltd Thank You!
The New India Assurance Company — Q3 FY2024-25 Earnings Presentation on 6ix