New India Assurance

Welcome To

The New India Assurance Company Limited

New India is a leading global insurance group having a network of 2000 offices spread over 27 countries in 5 continents. We are the largest General Insurance Company in Asia, outside S. Korea & Japan.

New India has over 95 years experience in providing a wide range of General Insurance products globally. New India as an Indian and multi-national organization is particularly reputed for its focus and emphasis on customer service, wide product range and financial strength....

Why Choose Us?

Financial Strength : "A-" Excellent rating by A.M. Best
Recognized for the highest levels of customer service
Wide range of products
Presence in 27 countries across 5 continents
Wholly owned by the Govt. of India
Pioneer in Satellite Insurance

Regulatory Disclosures:

Financial Strength Rating >>>>>>>>

Financial Strength Rating Disclosure under Section 60 (1) and 67 of Insurance Prudential Supervision Act,2010 of New Zealand
The Current Financial Strength Rating: 13-02-2020
Name of Rating Agency: A M Best Company
Rating A- Excellent
Rating Scale of A M Best Company
A++, A+ Superior A, A- Excellent
B++, B+ Good B, B- Fair
C++, C+ Marginal C, C- Weak
D Poor E Under Regulatory Supervision
F In liquidation S Suspended

Insurer Solvency >>>>>>>>>>

Insurer Solvency Disclosure under Section 81 of the Insurance Prudential Supervision Act (2010)

As at 30 September, The New India Assurance Co. Ltd. audited Actual Solvency Capital is higher than the Minimum Solvency Capital meeting the requirements of Section 64VA of the Insurance Act, 1938 (Republic of India). The currency conversion rates applied to the below Actual and Minimum Solvency Capital and Solvency Margin are: NZ$1 = 44.32 as at 30 September 2019 and NZ$ 1= Rs 47.11 for 31 March 2019.