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June 16th, 2016, 01:45 PM
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Join Date: Mar 2013
Re: The New India Assurance Company Limited Rajkot

The New India Assurance Co. Ltd., situated in Mumbai, is one of the five Wholly Government of India claimed affirmation organizations of India. It is the "biggest general insurance agency of India on the premise of gross premium accumulation comprehensive of outside operations". It was established by Sir Dorabji Tata in 1919, and was nationalized in 1973.

Workplaces

New India Center Building, Cooperage Road, Mumbai

The organization with its corporate office in Mumbai has around 31 local workplaces, 5 Large Corporate Offices, 412 Divisional Offices, 583 Branches, 27 Direct Agent Branches and 1041 Micro Offices.[6] Centralized case preparing workplaces called claims center points are worked from 29 areas.

The organization works in 27 Countries starting 2014-15, with 19 Branch Offices in 9 Countries, 7 Agency Offices in 6 nations, and 3 Subsidiary Companies in 7

Business Performance

The main direct guarantor in India appraised An (Excellent – Stable viewpoint) by AM Best. "CRISIL has reaffirmed its " AAA/STABLE " rating on The New India Assurance Company Limited showing that the organization has the Highest level of Financial quality to respect its Policyholders commitments"

The state claimed organization's accomplishments incorporate;

1) Procurement of most astounding Global Gross Premium of Rs.16,050 crores for the year 2014-2015. Keeping up the 'biggest general Insurer in India' tag.

2) Market administration position for four back to back decades

3) The proportion of accessible dissolvability edge to required dissolvability edge remaining at 250%

4) Highest net benefit of Rs.1431 crores

5) Highest total assets of Rs.8,621 crores

6) Highest resources - crossed Rs.61720 crores

7) Only Indian General Insurance Company to have nearness in 27 nations

8) Financial Strength rating of An Excellent (Stable) by A.M Best - Europe.

Address:

The New India Assurance Company Limited
Gondal Road
Ravin Chambers,
2nd Floor, Above Baban Motors,
Sheri No 9,
Bhaktinagar Station Plot,
Opposite Patel Dharamshala,
Rajkot - 360002
02812461718
9426989324


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