The New India Assurance Company on Wednesday, 9 September, said it will divest 1.05 crore shares of the National Stock Exchange of India (NSE) through the proposed NSE IPO.
2 min read9 Sep 2026NSE's planned IPO is a significant catalyst for NIACL, which holds 1.42% in NSE and plans to sell shares in the IPO. The sale could unlock value for investors as excitement around the public issue builds.
3 min read7 Sep 2026New India Assurance shares have soared, almost doubling investors' money in just over five months, fueled by bullish sentiment ahead of the NSE IPO. The stock jumped 20% to hit its 52-week high as well as the upper circuit of ₹234.60 in Friday’s session.
2 min read4 Sep 2026NIACL's stock surged nearly 30% after the NSE's IPO prospectus revealed NIACL as a selling shareholder. Despite profit growth, NIACL faces underwriting losses and a high combined ratio, leading to a lower valuation multiple compared to competitors.
2 min read25 Jun 2026Ministry of Finance launched the Paripoorna Mediclaim Ayush Bima, an optional health insurance plan for CGHS beneficiaries, on 14 January 2026. The scheme will be available as a retail product for all the beneficiaries.
1 min read14 Jan 2026NIACL AO Recruitment 2025: Government-owned New India Assurance is set to hire for 550 job vacancies for its Administrative Officer (AO) post. Check the eligibility criteria, key dates and other information for the job posting.
2 min read7 Aug 2025Stock Market Today: ICICI Lombard, Go Digit to New India Assurance: Here is why the general insurance stocks are rising on Wednesday. EXPLAINED
2 min read18 Jun 2025The three companies—United India Insurance, Oriental Insurance Company and National Insurance Company—are the weaker of the four state-owned general insurers. If the insurers remain profitable through FY26, options such as a merger or even privatization may be revisited.
3 min read9 May 2025Prabhudas Lilladher sees New India Assurance as a strong player in the Indian general insurance industry, with a focus on new product launches and improving ROE. Backed by the Government of India, the company aims to maintain market leadership and improve combined ratios.
4 min read15 Jul 2024The unmanned aircraft system (UAS/UAV/RPAS/drone) insurance will cover large aircraft to solo flying gliders. Coverage will be offered to drone owners, operators and manufacturers, the company said in a statement.
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