by AIP Online Bureau | Oct 16, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Reinsurance, Risk Management
“Munich Re is supporting these solutions with reinsurance capacity, however due to nature of pandemic risks no insurance balance sheet, not even one as strong as Munich Re’s, can absorb the potential losses alone. To make the consequences of a pandemic/epidemic...
by AIP Online Bureau | Sep 30, 2025 | Briefs, Non-Life, Policy, Reinsurance
The New India Assurance Company Limited on Tuesday said that it has received a Goods and Services Tax (GST) demand notice of Rs 2,379 crore. The order was issued by the Additional Commissioner of Central GST, Palghar Commissionerate, the company informed in a stock...
by AIP Online Bureau | Sep 4, 2025 | Health, Indian News, Life, Non-Life, Policy
“As India’s most trusted insurance partner, New India Assurance takes pride in passing on maximum benefit accruing out of this exemption to our valued customers. NIA commits to put in all possible efforts to make Viksit Bharat 2047 a reality,...
by AIP Online Bureau | Jul 29, 2025 | Indian News, Non-Life, Reinsurance
Girija Subramanian, CMD. NIA “ Our domestic gross direct premium during the period grew by 15.27 per cent vis-à-vis the industry which grew by 8.84 per cent. Consequently, our market share for the period increased from 14.65 per cent to 15.51 per cent. The healthy...
by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA), Krishna S Vatsa, member, National Disaster Management Authority and Parshant K Goyal, joint secretary, Department of Financial Services. at NIA’s 107th foundation day celebration “For...