The New India Assurance Company Limited announced its audited financial results for the quarter and year ended March 31, 2026, during a board meeting held on May 11, 2026. For the quarter ended March 31, 2026, the company reported a Net Premium of ₹10,004.71 Million, reflecting a 3.37% increase from the ₹9,678.03 Million recorded in the previous quarter ended December 31, 2025. Compared to the corresponding quarter of the previous year (₹9,751.09 Million), the Net Premium grew by 2.60%. The company’s performance was notably strong in terms of profitability, with Profit After Tax (PAT) for the current quarter improving by 61% compared to the same period last year.

Financial Result AnalysisQuarter Ended 31-03-2026% Increase/Decrease (QoQ)% Increase/Decrease (YoY)
Net Premium₹10,004.71 Million3.37% ↑2.60% ↑
Profit After TaxRefer to Note61.00% ↑

Established in 1919, The New India Assurance Company Limited is India’s premier multinational general insurance provider, headquartered in Mumbai. As a government-owned undertaking, it maintains a dominant market share of approximately 12.74% in the non-life insurance sector as of FY26. The company operates a vast network both domestically and internationally, offering a diverse range of products including health, motor, fire, marine, and engineering insurance. In early 2026, the company expanded its specialized offerings by launching ‘Paripoorna Mediclaim Ayush Bima’ specifically for CGHS beneficiaries. Recognized for its financial stability, the company holds an ‘AAA/Stable’ rating from CRISIL and is identified as a Domestic Systemically Important Insurer (D-SII) by the IRDAI.

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