by AIP Online Bureau | Jun 26, 2025 | Indian News, Non-Life
New India Assurance believes that it has strong case on merit. Based on the advice of its tax consultants, the company is in the process of filing a detailed reply highlighting its contentions with the adjudicating authority within the prescribed timelines...
by AIP Online Bureau | May 19, 2025 | Indian News, Non-Life
Girija Subramanian, CMD, New India Assurance “Even more encouraging is that our continued emphasis on profitable growth over the past several quarters is now yielding results. Despite the rise in gross written premium, the company has managed to improve its...
by AIP Online Bureau | Apr 20, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
NIA’s rating is driven by the company’s leadership position in the Indian general insurance industry, its sound investment portfolio, healthy capitalisation and solvency position, and the strategic importance to and support derived from the parent, the...
by AIP Online Bureau | Apr 2, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy
Furthering its commitment to financial inclusion, NIA has opened a dedicated State Insurance Plan office in Gujarat, manned by a senior executive of the company. This initiative aligns with IRDAI’s “Insurance for All by 2047” vision, with Gujarat being the designated...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals “Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...
