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  • LIC, GIC Re and New India are systematically important insurers for 2020-21 Sep 25, 2020 08:38 PM IST

    LIC, GIC Re and New India are systematically important insurers for 2020-21

    Since they have been classified as systematically important insurers, LIC, GIC Re and New India Assurance will be subject to enhanced regulatory supervision

  • Sell New India Assurance; target of Rs 100: HDFC Securities Aug 20, 2020 12:35 PM IST

    Sell New India Assurance; target of Rs 100: HDFC Securities

    HDFC Securities is bearish on New India Assurance has recommended sell rating on the stock with a target price of Rs 100 in its research report dated August 18, 2020.

  • New India Assurance posts Q4 net profit at Rs 127 crore Jun 30, 2020 10:50 PM IST

    New India Assurance posts Q4 net profit at Rs 127 crore

    Total income in the March quarter rose to Rs 7,040.23 crore from Rs 6,570.11 crore in the same period a year ago, the company said in a regulatory filing.

  • Coronavirus pandemic: New India Assurance to provide Rs 50 lakh coverage to 22 lakh healthcare providers Mar 30, 2020 09:13 PM IST

    Coronavirus pandemic: New India Assurance to provide Rs 50 lakh coverage to 22 lakh healthcare providers

    Doctors, nurses, paramedics, sanitation workers and a few others working in hospitals under Central and State governments will be covered under the insurance scheme.

  • Q2 a ‘mixed bag’; 10 stocks that were downgraded after September results Nov 26, 2019 10:42 AM IST

    Q2 a ‘mixed bag’; 10 stocks that were downgraded after September results

    If we look at aggregates of ex-financials, be it Nifty50, Next150, Next300 or Top 500 market cap stocks, revenue and operating profit de-grew on YoY basis, say experts.

  • New India Assurance Q2 profit up 61% at Rs 530 cr Nov 13, 2019 10:16 PM IST

    New India Assurance Q2 profit up 61% at Rs 530 cr

    Its total income rose to Rs 6,994.60 crore during July-September quarter as against Rs 6,237.29 crore in the year-ago period, the company said in a regulatory filing.

  • New India Assurance's 100 year journey: Private to public and soon-to-be only PSU insurer Jul 23, 2019 04:17 PM IST

    New India Assurance's 100 year journey: Private to public and soon-to-be only PSU insurer

    New India Assurance has completed 100 years of operations.

  • General insurers see 10% premium growth in Q1, PSU insurers take top two spots Jul 16, 2019 04:13 PM IST

    General insurers see 10% premium growth in Q1, PSU insurers take top two spots

    Standalone health insurers posted 41.6% growth in Q1, growing faster than the industry.

  • General insurance sector stocks attractive; ICICI Lombard a buy: Investec Feb 22, 2019 09:17 AM IST

    General insurance sector stocks attractive; ICICI Lombard a buy: Investec

    Investec has initiated coverage on ICICI Lombard with buy & New India Assurance with hold.

  • SIDBI, New India Assurance partner to cater to MSMEs Apr 02, 2018 09:45 PM IST

    SIDBI, New India Assurance partner to cater to MSMEs

    A memorandum of understanding (MoU) was signed with The New India Assurance Co and two MSMEs were issued insurance policies, SIDBI said in a statement today.

  • IPO Update: New India Assurance oversubscribed 1.19 times on Day 3 so far Nov 03, 2017 02:22 PM IST

    IPO Update: New India Assurance oversubscribed 1.19 times on Day 3 so far

    The company received bids for 14.31 crore shares against an issue size of 12.87 crore shares, data available with the NSE as of 5:15 pm showed.

  • IPO price attractive not aggressive; eyeing 18-20% growth: New India Assurance Nov 01, 2017 03:11 PM IST

    IPO price attractive not aggressive; eyeing 18-20% growth: New India Assurance

    An 18-20 percent sustainable growth for many years is achievable till India reaches global standards of insurance penetration and density, said G Srinivasan, CMD, New India Assurance.

  • New India Assurance to open more micro offices post-IPO Oct 30, 2017 04:03 PM IST

    New India Assurance to open more micro offices post-IPO

    "At present, we have 1,339 such micro-offices across the country, besides 1,000-odd full-fledged offices. We want to open 200 micro-offices every year to boost business," C Narambunathan, GM-cum-financial advisor, told reporters here today.

  • Subscribe to New India Assurance: GEPL Capital Oct 30, 2017 04:02 PM IST

    Subscribe to New India Assurance: GEPL Capital

    GEPL Capital has come out with its report on New India Assurance. The research firm has recommended to "Subscribe " the IPO in its research report as on October 30, 2017.

  • New India Assurance's IPO to open on November 1 Oct 24, 2017 01:40 PM IST

    New India Assurance's IPO to open on November 1

    The IPO comprises sale of 9.6 crore shares by the government, besides fresh issue of 2.4 crore shares. Thus a total of 12 crore shares of the non-life insurer would be sold through the share sale offer, constituting around 14.56 per cent of the company's post issue share capital.

  • What changed for the market while you were sleeping? 20 things you should know Sep 19, 2017 08:06 AM IST

    What changed for the market while you were sleeping? 20 things you should know

    A look at top cues from the domestic and international markets that could have a bearing on D-Street today.

  • New India Assurance IPO likely to hit capital market by December Jun 25, 2017 02:10 PM IST

    New India Assurance IPO likely to hit capital market by December

    New India Assurance is the largest among the four PSU general insurance companies that are wholly-owned by the government.

  • Centre hope meet PSUs' holding cap through special funds Apr 03, 2017 03:13 PM IST

    Centre hope meet PSUs' holding cap through special funds

    The Securities and Exchange Board of India (SEBI) and the government are looking at various options to work around the challenges the Centres faces to offload its stakes in public sector companies to meet the August 2017, reported Business Standard.

  • New India Assurance bags RIL's Rs 500-cr combined cover Mar 14, 2017 08:45 PM IST

    New India Assurance bags RIL's Rs 500-cr combined cover

    State-owned insurer New India Assurance has bagged a Rs 500-crore combined cover from Reliance Industries for its onshore and offshore assets for the next financial year, according to industry sources.

  • Motor policy claims take most time to be settled; health lowest Mar 10, 2017 04:34 PM IST

    Motor policy claims take most time to be settled; health lowest

    According to data on general insurance claims by the Insurance Brokers Association of India (IBAI), only around 3 percent health claims have been pending for more than one year.

  • We are IPO-ready; need 6-8 mnths for spade work: New India Feb 25, 2017 12:53 PM IST

    We are IPO-ready; need 6-8 mnths for spade work: New India

    In his Budget speech this year, Finance Minister Arun Jaitley had announced that the government is keen on listing the public sector general companies. As planned, the insurance companies have kick-started their preparations for a Dalal Street debut.

  • General insurance ind growing in a big way: New India Assurance Feb 23, 2017 02:47 PM IST

    General insurance ind growing in a big way: New India Assurance

    New India Assurance will continue to outperform the general insurance industry, says G Srinivasan, CMD of the company.

  • Government's pro-poor schemes are bleeding insurers' books Feb 17, 2017 10:20 AM IST

    Government's pro-poor schemes are bleeding insurers' books

    Government-sponsored insurance schemes -- Rashtriya Swasthya Bima Yojana (RSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (term insurance) and Pradhan Mantri Suraksha Bima Yojana (personal accident insurance) -- have led to heavy losses for the insurance companies.

  • Health insurance with Rs 1 crore cover becomes new normal Feb 13, 2017 11:37 AM IST

    Health insurance with Rs 1 crore cover becomes new normal

    Health insurance policies with a cover of Rs 1 crore is becoming the new norm in the industry. With health inflation on the rise and average out-of-pocket medical expenses on the rise, insurers are increasing their cover sizes.

  • Listing of state general insurers may be staggered. Here is why Feb 10, 2017 11:33 AM IST

    Listing of state general insurers may be staggered. Here is why

    Two to be listed in FY18, others insurers' IPO to be done in subsequent financial years

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