Financials
We are rated B++ Stable FSR Rating and BBB+ Stable ICR Outlook by AM BEST Company. We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholders' obligations.
B++
Stable
AM Best
BBB+
Stable
AM Best
AAA
Stable
CRISIL
Additionally, AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) to New India.
aaa.IN
Exceptional
AM Best
The New India Assurance Company is the largest non-life insurer in India. The financial strength of the Company is reflected from the following figures:
Year | Gross Premium (INR in crores) | Gross Premium (INR in crores) | Net Premium (Global) (INR in crores) | Net Profit (Global) (INR in crores) | Total Assets (Global) (INR in crores) | Net Worth (Global) (INR in crores) |
|---|---|---|---|---|---|---|
| 2021-2022 | 32,573 | 2,942 | 29,760 | 164 | 94,530 | 18,232 |
| 2020-2021 | 28,548 | 3,025 | 26,966 | 1,605 | 90,189 | 17,786 |
| 2019-2020 | 26,813 | 29,01 | 24,487 | 1,417 | 74,609 | 15,725 |
| 2018-2019 | 23,910 | 2,697 | 22,120 | 579 | 79,507 | 15,761 |
| 2017-2018 | 22,718 | 3,202 | 20,956 | 2,200 | 76,626 | 15,412 |
| 2016-2017 | 19,114 | 3,164 | 18,590 | 1,007 | 69,172 | 11,023 |
| 2015-2016 | 15,149 | 3,221 | 15,911 | 828 | 62,880 | 9,821 |
| 2014-2015 | 13,209 | 2,840 | 13,938 | 1,431 | 61,719 | 9,722 |
| 2013-2014 | 11,540 | 2,763 | 12,078 | 1,088 | 53,010 | 8,621 |
| 2012-2013 | 10,037 | 2,466 | 10,274 | 843 | 45,375 | 7,737 |
| 2011-2012 | 8,542 | 1,531 | 8,771 | 179 | 42,162 | 7,057 |
| 2010-2011 | 7,097 | 1,128 | 7,192 | -421 | 39,621 | 6,890 |
| 2009-2010 | 6,042 | 1,056 | 6,002 | 404 | 36,832 | 7,430 |
| 2008-2009 | 5,508 | 946 | 5,500 | 224 | 26,931 | 7,328 |
| 2007-2008 | 5,276 | 874 | 4,914 | 1,401 | 31,944 | 6,972 |
| 2006-2007 | 5,017 | 919 | 4,751 | 1,459 | 27,444 | 5,972 |
| 2005-2006 | 4,791 | 884 | 4,342 | 716 | 27,025 | 4,706 |
| 2004-2005 | 4,210 | 892 | 3,895 | 402 | 19,827 | 4,161 |
| 2003-2004 | 4,045 | 875 | 3,634 | 590 | 17,510 | 3,735 |
| 2002-2003 | 3,921 | 891 | 3,516 | 255 | 12,984 | 3,404 |
| 2001-2002 | 3,512 | 685 | 3,068 | 142 | 12,273 | 3,189 |
| 2000-2001 | 3,041 | 451 | 2,671 | 173 | 8,292 | 3,067 |
| 1999-2000 | 2,979 | 327 | 2,477 | 287 | 7,664 | 2,859 |
| 1998-1999 | 2,729 | 288 | 2,186 | 375 | 6,727 | 2,524 |
| 1997-1998 | 2,433 | 254 | 1,945 | 470 | 6,071 | 1,462 |
- Financial Year 2021-22
- Financial Year 2020-21
- Financial Year 2019-20
- Financial Year 2018-19
- Financial Year 2017-18
- Annual Report for the FY 2017-18
- Financial Year 2016-17 (106 MB)
- Financial Year 2015-16 (25 MB)
- Financial Year 2014-15 (300 MB)
- Financial Year 2013-14 (83 MB)
- Financial Year 2012-13 (27 MB)
- Financial Year 2011-12 (59.4 MB)
- Financial Year 2010-11 (1.63 MB)
- Financial Year 2009-10 (5.59 MB)
- Financial Year 2008-09 (816 KB)
- Financial Year 2007-08 (1.24 MB)
- Financial Year 2006-07 (1.00 MB)
- Financial Year 2005-06 (1.98 MB)
- Financial Year 2004-05 (630 KB)
- Financial Year 2003-04 (1.08 MB)
- Financial Year 2002-03 (873 KB)