The New India Assurance Company Ltd.

NSE: NIACL | BSE: 540769 | ISIN: INE470Y01017
|Await Turnaround
102.70 -0.25 (-0.24%)
NSE Oct 23, 2020 15:31 PM
Volume: 91,372
 

102.70
-0.24%
Choice India
It has a solvency ratio of 2.2x and is one of the highest in the Rajnath Yadav industry. Moreover it is above the regulatory requirement of 1.5x. Research Analyst (022 - 6707 9999; Ext: 912) Solvency ratio measures the company's ability to meet its obligations. In other words, is indicated how financially sound is the Email: rajnath.yadav@choiceindia.com insurer in meeting the claim payments. Profitability in the general insurance companies is dependent on the underwriting performance and investment returns. The company has a combined ratio of 119.7% as against the industry average of around 115%. The combined ratio is calculated by taking the sum of incurred losses and expenses and then dividing it by the earned premium. A ratio below...
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The New India Assurance Company Ltd. is trading below all available SMAs
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