The New India Assurance Co.

Ltd Ratio Analysis

Presented by: Riddhi Thakar INS 1007 Sai Patil INS 1010 Sahil Jain INS 1017

The New India Assurance Co. Ltd. Introduction • • • • Established by Sir Dorab Tata in 1919 First fully Indian owned insurance company in India The largest non-life insurance companies Pioneer on various fronts first domestic airlines in 1946 satellite insurance in 1980 .

Ltd.The New India Assurance Co. : 20.50 . Performance of the Company • • • • • • • Turnover Premium Income : 70991411 Total Expenditure : 88966124 Investment & Other Income : 21567453 Profit Before Tax : 3592740 Profit After Tax : 4046721 Earning Per Share in Rs.23 Dividend @ % : 42.

Ratios for New India Assurance • • • • • Solvency margin Claims ratio Claims outstanding ratio Operating expense ratio .

39 • For 09-10 = 6621.33 = 4.09 1268.09 = 4.63 .Solvency margin • Solvency margin = available solvency margin required solvency margin • For 08-09 = 5569.70 1429.

99 • For 09-10 = 1166501 1165968 =1 .Claims ratio • Claims ratio = claims settled claims reported • For 08-09 = 1022193 1028343 = 0.

Claims outstanding ratio • Claims outstanding ratio = claims settled claims outstanding • For 08-09 = 1022193 374130 = 2.12 .73 • For 09-10 = 1166501 373597 = 3.

45 (lacs) 5249.79 (lacs) 5710.86 (lacs) = 0.30 .28 • For 09-10 = 1736.Operating expense ratio • Operating expense ratio = operating expenses earned premium • For 08-09 = 1456.30 (lacs) = 0.

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