New India Assurance Q4: Profit Jumps 61% to Rs 558 Crore on Investment Income

New India Assurance (NIA) reported a 61% YoY jump in Q4 net profit to Rs 558 crore. For FY26, net profit climbed 40% to Rs 1,384 crore, while gross written premium grew 8.2% to Rs 47,174 crore.

Key Highlights: Market share increased to 12.74%. Combined ratio at 122.57% (FY26) due to wage revision costs of Rs 3,525 crore. Adjusted combined ratio at 116.67%. Investment income grew 38% to Rs 11,112 crore. Solvency ratio at 1.84.

Sources: Asia Insurance Post (May 11, 2026), AlphaStreet, TradeBrains (May 12, 2026)