The New India Assurance Company, established in the year 1919 is the leader in the Indian market and has a strong global presence across 27 countries spanning 5 continents.
New India Assurance is exposed in General Insurance for more than Eight decades and its global operations are backed by leading international Re-insurers for major risks.
New India has been rated “A” (Excellent) by A.M. Best & Co, for the last seven years in succession. The Rating was based on superior capital position, strong operating performance and the fact that New India is the only Company to develop significant International operations with a long record of successful trading outside India.
It also reflects strong capital base, stable profitability and low-risk profile of the asset portfolio of the company. The rating also factors the company’s strong market position, adequate level of re-insurance with highly rated international re-insurers and protection provided by regulatory framework. |
