General Insurance company The New India Assurance Company announced Q3FY26 results Gross Premium: Rs 35,555 crore against Rs 32,186 crore during Q3FY25, change 10%. Investment Income: Rs 8,599 crore against Rs 5,695 crore during Q3FY25, change 51%. PAT: Rs 826 crore against Rs 641 crore during Q3FY25, change 29%. Girija Subramanian, CMD, said: "I am pleased to announce our financial results for the period ended December 31, 2025. Our Global Gross Written Premium for the nine-month period grew by 10.5%. Notably, our Domestic Gross Direct Premium growth significantly outpaced the industry average, resulting in our market share improving to 13.4%, compared to 12.8% in the corresponding previous year. Regarding profitability, while the incurred claim ratio for the nine-month period was elevated due to multiple catastrophic (CAT) losses in the first half of the year, we saw an improvement in the third quarter. The Q3FY26 incurred claim ratio stood at 90.77%, a significant improvement over the 94.49% reported in Q3FY25. In January 2026, following the Central Government’s approval of wage revisions for Public Sector General Insurance Companies, the company recognized provisions of approximately Rs 2,500 crore toward wage arrears and retirement benefits. While this had a substantial impact on the Combined Operating Ratio, it was partially offset by robust investment income from our equity portfolio. Despite these onetime costs, the company reported stellar Profit Before Tax (PBT) growth of 62% for the nine-month period and an exceptional 215% for the quarter. The Company continues to have a very strong Balance Sheet which reflects overall improvements in Net Worth , General Reserves as well as sustaining a healthy Solvency Ratio of 1.81 times which is well above the regulatory requirement of 1.50 times. Guided by ongoing government reforms, I remain highly optimistic about the prospects of the general insurance industry. We expect to maintain this momentum and deliver improved performance in the coming quarter." Result PDF