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…
Read More…
Category: New India Assurance
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…
Read More…
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…
Read More…
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…
Read More…
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…
Read More…
The New India Assurance Company Limited Upgrades Titus Francis Maliakkel, General Manager & Director & Ms. Smita Srivastava, General Manager & Director to Executive Director -March 21, 2024 at 09:05 am EDT
The New India Assurance Company Limited is an India-based multinational general insurance company. Its insurance products include Fire, Marine, Motor, Health, Liability, Aviation, Engineering, Crop, Other Miscellaneous, and others. Its Fire insurance products include Bharat Sookshma Udyam Suraksha, Business Interruption, Fire Floater, Fire Floater Declaration, Fire Large Risk, Industrial All Risk, New India Bharat Griha Raksha, New India Bharat Laghu Udyam Suraksha, and…
Read More…
FSIB selects Girija Subramanian as CMD of New India Assurance Company | People
The Financial Services Institutions Bureau (FSIB) has selected Girija Subramanian as chairman and managing director (CMD) of the New India Assurance Company and Bhupesh Sushil Rahul as CMD of United India Insurance Company. The post of CMD at United India has been vacant since February 2024 following the retirement of Satyajit Tripathy, and Neerja Kapur’s tenure at New India Assurance is set to end in April 2024. Click here to follow our WhatsApp channel Girija Subramanian is currently…
Read More…
IPL: New India Assurance and National Insurance extend major part of a Rs 10,000-crore insurance cover
MUMBAI: The New India Assurance Company and National Insurance Company have extended the major part of a ₹10,000-crore insurance cover to the Indian Premier League (IPL), the planet’s richest cricket tournament that now effectively determines the annual calendar for all nations playing the sport at its highest level. India’s most expensive insurance shield is taken by broadcasters, followed by team owners against player fees. The premiums have gone up by 25% due to the calendar clash with…
Read More…
Prelims Result Out On Newindia.co.in Tier-2 Exam On April 13
The New India Assurance Company Limited (NIACL) has released the prelims exam result of the NIACL Assistant Recruitment 2024. Candidates who participated in the recruitment process and appeared for the exam can check their NIACL Assistant Prelims Result 2024 on the official website – newindia.co.in. The NIACL has published the roll numbers of candidates shortlisted on the basis of their performance in the prelims exam, who are now eligible to appear in the next stage of the…
Read More…
NIACL Assistant Prelims result 2024 released; here’s download link
The New India Assurance Company Limited (NIACL) has announced the results of the Assistant posts. Eligible candidates can download their hall results from the official website newindia.co.in.The shortlisted candidates will have to appear for the Tier II (Main) exam scheduled for April 13, 2024. Downloading of Call Letters indicating date and venue of Tier II (Main) examination will commence shortly.Tier I (Preliminary Exam) was held on March 2, 2024. The recruitment drive aims to fill up a…
Read More…