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Last Updated on February 18, 2021
Implementing Partners
Thematic Areas
Sector : Miscellaneous
International Origin : No
Company Type: Exchange Listed (BSE,NSE)
CSR Financial Details (INR Cr.)
Financial Insights
Estimated Prescribed CSR Budget FY 2020-21: INR 33.39 Cr
Company’s Statement for unspent in FY 2019-20: The Company could not spend the entire amount due to non-receipts of invoices, payments was pending
About the company
NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Company has been market leaders in India in Non-Life business for more than 40 years. They are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. New India Assurance Co. Ltd have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations. Company has been leading the market, apart from premium, in reserves & net worth for many years.
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