General Insurance company The New India Assurance Company announced Q1FY26 results Gross Written Premium rose by 13.1% YoY to Rs 13,334 crore (vs Rs 11,788 crore) Net Written Premium increased by 13.2% YoY to Rs 10,840 crore (vs Rs 9,577 crore) Net Earned Premium up by 10.1% YoY to Rs 9,369 crore (vs Rs 8,503 crore) Operating Expenses declined by 23.6% YoY to Rs 852 crore (vs Rs 1,116 crore) Net Incurred Claims grew by 14.6% YoY to Rs 9,347 crore (vs Rs 8,161 crore) Other Expenses (net) stood at Rs -145 crore (vs Rs -9 crore) Profit Before Tax (PBT) grew 52% YoY to Rs 389 crore (vs Rs 256 crore) Profit After Tax (PAT) jumped 80% YoY to Rs 391 crore (vs Rs 217 crore) Balance sheet remains robust with assets under management of Rs 1,00,802 crore and net worth of Rs 45,414 crore. Girija Subramanian, Chairman and Managing Director of The New India Assurance Company, commenting on the results said, "It gives me great pleasure to inform you that NIACL has achieved a gross written premium of Rs 13,334 crore, reflecting a YoY growth of 13.11% in Q1FY26. The domestic gross direct premium during the period grew by 15.27% vis-à-vis the industry which grew by 8.84%. Consequently, our market share for the period increased from 14.65% to 15.51%. The healthy growth rate in domestic business was despite a lower growth in Motor LOB where we have taken a more cautious approach considering the current competitive intensity. The combined ratio at 116.16% was stable compared to the same period last year. Fire, Engineering and Health portfolios registered a healthy growth". Result PDF