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Bajaj Capital / 06:19 Oct 31,2017
Incorporated on July 23, 1919 at Mumbai New India Assurance is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches as of and for the fiscal year ended March 31, 2017 (Source: CRISIL Report). Company has been in operation for almost a century. In Fiscal 2017, they had the largest market share of gross direct premium among general insurers in India (Source: CRISIL Report). As of March 31, 2017, they had issued 27.10 million policies across all product segments, the highest among all general insurance companies in India (Source: CRISIL Report). As of June 30, 2017, operations were spread across 29 States and seven Union Territories in India and across 28 other countries globally through a number of international branches, agency offices and Subsidiaries including a desk at Lloyd‘s, London
Our insurance products can be broadly categorized into the following product verticals: fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products. 
* Fire Insurance. Fire insurance portfolio includes fire and special perils insurance, business interruption insurance, and large risk package insurance policies

* Marine Insurance. Marine insurance business includes marine cargo insurance, hull and machinery insurance and offshore oil and energy insurance products 

* Motor Insurance. Motor insurance portfolio includes liability only (third party) policies and comprehensive motor (third party and own damage) policies 

* Crop Insurance. Crop insurance products include Pradhan Mantri Fasal Bima Yojana farmers package insurance, weather based crop insurance, unified package insurance schemes and horticulture / plantation insurance;

* Health Insurance. Health insurance products include individual health products such as mediclaim, floater and premier mediclaim products; corporate (group) health insurance products; and personal accident products and schemes implemented for the GoI such as the Rashtriya Swasthiya Bima Yojana, PMSBY and PMJDY. 

* Other Insurance It include a broad range of general insurance products under this category, including the following: liability insurance; engineering insurance; aviation insurance; nuclear insurance; fidelity guarantee and burglary insurance; householder insurance; insurance specific commercial insurance such as banker‘s indemnity and shopkeepers insurance; money insurance; travel insurance; and social insurance products.

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CIN: U67120DL2004PLC130803
Member: NSE : TM Code-12693, SEBI Regn. No: INB/F231269334 | BSE: Clg No-6421, SEBI Regn. No. INB/F011269330 | Research Analyst:
INH100002862 | Bajaj Capital Ltd.: CIN: U67120DL1965PLC004338: Member: NSDL, DP ID: IN303237, SEBI Regn No. IN-DP-NSDL-267-2006