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Rising Motor TP losses weighs on NIA’s Q1 results

Rising Motor TP losses weighs on NIA’s Q1 results

by AIP Online Bureau | Jul 24, 2026 | Indian News, Non-Life

“The Motor Third Party line of business continued to be under pressure as there was no premium increase while claims inflation continued. The significant spike in the Motor TP loss ratio had a severe adverse impact on the results. The industry is looking forward...
New India aims for 50:50 corporate-retail portfolio as insurance sector enters new era

New India aims for 50:50 corporate-retail portfolio as insurance sector enters new era

by AIP Online Bureau | Jul 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology

From Lto R- G Srinivasan, MD& CEO, Galaxy Health Insurance, SK Kanwar, advisor, Reliance Industries,S. Sivasankar, executive director, New India Assurance(NIA),Girija Subramanian, CMD, NIA at NIA’s 108th Foundation Day celebration on Wednesday in Mumbai...
New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’

New India honours insurance veteran S.K. Kanwar with ‘Legacy of Excellence Award’

by AIP Online Bureau | Jul 13, 2026 | Indian News, Non-Life, Reinsurance

LtoR-Girija Subramanian, CMD, New India Assurance,G Srinivasan,MD&CEO,Galaxy Health Insurance,SK Kanwar, Advisor, Reliance Industries,BCPatnaik, Director, National Insurance Academy and Amit Roy,Partner and Leader- Insurance & Allied Businesses · PwC...
Rising Motor TP losses weighs on NIA’s Q1 results

NIA rolls out India’s first Motor insurance war risk protection solution

by AIP Online Bureau | Jun 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

“The Motor War Risk Add-On Cover is designed to bridge a critical protection gap by offering insurance protection against direct physical loss or damage to the insured vehicle arising from war-related events. The cover can also be availed for motor insurance...
Rising Motor TP losses weighs on NIA’s Q1 results

West Asia Crisis:In a first New India unveils War Cover for India Inc with its Fire policy

by AIP Online Bureau | May 21, 2026 | Breaking News!, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

`By introducing this dedicated add-on, which integrates with our “Bharat Laghu Udyam Suraksha “and “Business All-Risk Flexi Suite”,we are filling a vital protection gap for large-scale industrial units and infrastructure projects,complementing on our War Cover in a...
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