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New India Assurance Company Ltd News

After Bajaj Allianz, New India Assurance gets into surety bonds business

Surety bonds can help smaller infra developers compete with larger, more established ones for bigger contracts, the company said

After Bajaj Allianz, New India Assurance gets into surety bonds business
Updated On : 03 Mar 2023 | 4:37 PM IST

New tax norm to hurt insurers; stocks attractive for the long run: Analysts

Analysts expect stocks to remain under pressure in the near-term as the government's new tax regime push, with no tax saving deductions, could hurt demand for insurance products

New tax norm to hurt insurers; stocks attractive for the long run: Analysts
Updated On : 16 Feb 2023 | 10:04 AM IST

GIC Re, New India Assurance extend rally; surge up to 40% in one month

On Monday, shares of General Insurance Corporation hit a fresh 52-week high at Rs 182.65, up 10 per cent; New India Assurance rallied 8 per cent.

GIC Re, New India Assurance extend rally; surge up to 40% in one month
Updated On : 19 Dec 2022 | 10:53 AM IST

New India Assurance, GIC Re rally up to 12% on heavy volumes

In the past one month, shares of New India Assurance Company (up 30 per cent) and GIC Re (up 18 per cent) outperformed the S&P BSE Sensex, which was up less than 2 per cent during the period

New India Assurance, GIC Re rally up to 12% on heavy volumes
Updated On : 14 Dec 2022 | 12:40 PM IST