NIACL Assistant Mains admit card 2024 released; download link here

The New India Assurance Company Limited (NIACL) has released the Assistant Phase II (Mains) admit card 2024. Eligible candidates can download their hall tickets from the official website newindia.co.in.The Main exam is scheduled to be conducted on April 13 for 2 hours. The Paper will consist of 200 questions.“There will be a penalty for wrong answers marked by you. For every wrong answer marked by you, 1/4th of the marks assigned to that question will be deducted as a penalty,” reads the…
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Source: https://amp.scroll.in/announcements/1066303/niacl-assistant-mains-admit-card-2024-released-download-link-here

New India Assurance: In FY24, New India Assurance achieved about $5 billion global premium: CMD

Neerja Kapur, Chairman-cum Managing Director, New India Assurance, reported a global written premium target of Rs 42,000 crore, with unaudited figures showing a total of Rs 41,860 crore for the financial year. The final figures depend on the trial balance and balance sheets. This translates to a $5 billion global premium. When asked about the premium breakdown, Kapur highlighted health as the top-performing segment, noting growth in health and motor segments. You recently closed your books…
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Source: https://m.economictimes.com/markets/expert-view/in-fy24-new-india-assurance-achieved-about-5-billion-global-premium-cmd/amp_articleshow/109036066.cms

J&K Bank adds New India Assurance as its Bancassurance partner

Srinagar, Apr 2: Fortifying its commitment further to provide comprehensive financial solutions to its customers, J&K Bank today entered into a Corporate Agency Agreement with the country’s premier general insurance provider New India Assurance Co. Ltd (NIACL)The Bank’s Executive Director Sudhir Gupta chaired the MoU signing ceremony held at the Bank’s Corporate Headquarters, wherein General Manager (Cross Selling) Narjay Gupta signed the papers on behalf of the Bank while…
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Source: https://m.greaterkashmir.com/article/jk-bank-adds-new-india-assurance-as-its-bancassurance-partner/290194/amp

J&K Bank adds New India Assurance as its Bancassurance partner

Aim is to provide one-stop insurance solutions to customers: ED Sudhir Gupta

JK News Today

Srinagar, Apr 02: Fortifying its commitment further to provide comprehensive financial solutions to its customers, J&K Bank today entered into a Corporate Agency Agreement with the country’s premier general insurance provider New India Assurance Co. Ltd (NIACL)

The Bank’s Executive Director Sudhir Gupta chaired the MoU…
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Source: https://jknewstoday.com/jk-bank-adds-new-india-assurance-as-its-bancassurance-partner/

LIC, GIC Re, New India continue to be D-SIIs for 2023-24: IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has identified three Domestic Systemically Important Insurers (D-Slls) for the year 2023-24.“Life Insurance Corporation of India,  General Insurance Corporation of India and New India Assurance Co Ltd continue to be identified in the 2022-23 list of D-Slls,’‘ the insurance regulator said in a release on Wednesday. D-Slls refer to insurers of such size, market importance, and domestic and global interconnectedness,…
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Source: https://www.thehindubusinessline.com/money-and-banking/lic-gic-re-new-india-continue-to-be-d-siis-for-2023-24-irdai/article67999133.ece/amp/

The one-year returns for New India Assurance’s (NSE:NIACL) shareholders have been splendid, yet its earnings growth was even better

It might be of some concern to shareholders to see the The New India Assurance Company Limited (NSE:NIACL) share price down 13% in the last month. But that doesn’t detract from the splendid returns of the last year. Indeed, the share price is up an impressive 136% in that time. So it may be that the share price is simply cooling off after a strong rise. More important, going forward, is how the business itself is going. The past week has proven to be lucrative for New India…
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Source: https://simplywall.st/stocks/in/insurance/nse-niacl/new-india-assurance-shares/news/the-one-year-returns-for-new-india-assurances-nseniacl-share

LIC, GIC Re and New India Assurance Company retain the ‘D-SII’ tag | Insurance

The public sector insurance companies – Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC Re) and the New India Assurance Company continue to be identified as Domestic Systemically Important Insurers (D-SIIs) by the Insurance Regulatory and Development Authority of India (IRDAI). “LIC, GIC Re, and New India continue to be identified as Domestic Systemically Important Insurers (D-SIIs), as in the 2022-23 list of D-SIIs,” IRDAI said. Click here to…
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Source: https://www.business-standard.com/amp/finance/insurance/lic-gic-re-new-india-retain-domestic-systemically-important-insurers-tag-124032701093_1.html

LIC, GIC Re and New India Assurance Company retain the ‘D-SII’ tag | Insurance


The public sector insurance companies – Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC Re) and the New India Assurance Company continue to be identified as Domestic Systemically Important Insurers (D-SIIs) by the Insurance Regulatory and Development Authority of India (IRDAI).

“LIC, GIC Re, and New India continue to be identified as Domestic Systemically Important Insurers (D-SIIs), as in the 2022-23 list of D-SIIs,” IRDAI said.

D-SIIs…
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Source: https://www.business-standard.com/finance/insurance/lic-gic-re-new-india-retain-domestic-systemically-important-insurers-tag-124032701093_1.html

Consumer panel directs bank, insurer to pay ₹30 lakh claim to Mumbai cop injured in accident | Latest News India

Mumbai, A consumer commission here has directed the Axis Bank and the New India Assurance company to pay an insurance claim of ₹30 lakh along with interest to a policeman who suffered injuries with permanent disabilities after an accident in 2017. HT Image {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The District Consumer Disputes Redressal Commission, South Mumbai, in an order passed on March 11, noted that as per the facts, the bank…
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Source: https://www.hindustantimes.com/india-news/consumer-panel-directs-bank-insurer-to-pay-rs-30-lakh-claim-to-mumbai-cop-injured-in-accident-101711266941153-amp.html

FSIB selects CMDs for New India Assurance, United India | Business News

Financial Services Institutions Bureau (FSIB), the head-hunting agency for public sector banks and insurance firms, has selected Girija Subramanian, Chairperson and MD of Agriculture Insurance Company (AIC), and Bhupesh Sushil Rahul, AIC General Manager, as the next CMDs of New India Assurance and United India Insurance, respectively.After virtual interviews over two days since Wednesday, the FSIB, for the first time, selected nine executive directors for PSU general insurers.
The post of…
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Source: https://indianexpress.com/article/business/fsib-selects-cmds-for-new-india-assurance-united-india-9229401/lite/