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The New lndia Assurance Co. Ltd.

Company

The New lndia Assurance Co. Ltd.

Year Established

1919

Brief History

Established by Sir Dorab Tata in 1919, New India is the first fully Indian owned insurance company in India.

New India is a pioneer among the Indian Companies on various fronts, right from insuring the first domestic airlines in 1946 to satellite insurance in 1980.

With a wide range of policies New India has become one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region.


Promoters of the company

Govt. of India

Share Capital (In crores)

200 crores

Solvency margin ratio

3.41

Credit rating

Rated A-Excellent by AM Best

ISO Certificate

NA

Gross Direct Premium 2008-2009 (In crores)

6455.78 crores

Net Claim Incurred 2008-2009

(in crores)

4671.86 crores

No of Employees

19985


No. of Branch Offices India =

Overseas =

5940

19

Name & Designation of Key Executives

Shri M. Ramadoss, Chairman-cum-Managing Director

Shri A R Sekar, Director & Co. Secretary, Financial Advisor, General Manager

Shri I.S. Phukela, General Manager

Shri S. Gopalakrishnan, General Manager

Smt Asha Nair, General Manager

Shri S.B.LGour, General Manager

Shri N Tobdan, General Manager & Chief Vigilance Officer Company

Shri A R Prabhu, Appointed Actuary

Head Office

(Corporate Office) Address

The New India Assurance Co. Ltd. 87, M.G. Road, Fort,

Mumbai 400 001.

Contact Number

Telephone : 022-22708306

Fax : vd.halbe@newindia.co.in

Email:

Toll Free No. 1800-209-1415

Website

www.newindia.co.in

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