The insurance company, New India Assurance, has been granted a substantial tax refund of approximately ₹256 crores. This consists of both the initial tax amount of ₹233.1 crores and additional interest of ₹22.6 crores.
The New India Assurance Company Limited
NIACLPrice History
Recent Discussions
The NIACL share price is currently trading at ₹161.15 as of May 13, 2026. The company's total market capitalization stands at approximately ₹26,309 crore.
India's New India Assurance company shows strong growth in March 2026, with a 14% increase in year-on-year sales and net profit surging by 61%. The net sales amounted to Rs. 12,487.6 crore, and the earnings per share climbed to Rs. 3.38.
India Assurance's profit after tax (PAT) surged by 40% in the fiscal year 2026, following a 8.2% increase in gross premiums. Despite achieving a higher market share of 12.74%, the company faced a deterioration in combined ratio due to escalating claims and wage revisions.
The board of New India Assurance has decided to propose a dividend of ₹1.50 per share, pending approval at the AGM. Shares of the company closed at ₹162.95 today, with a high of ₹165.40 and a low of ₹160.20, while total trade volume reached ₹53.1 lakh.
The New India Assurance has recently received a substantial refund of INR 612.3 crore from the Income Tax department, which includes an additional interest payment of INR 180.5 crore. This refund is linked to the assessment years 2014-15 and 2017-18, as announced on April 30, 2026.
The board of New India Assurance is set to convene on May 11, 2026, for a comprehensive review of their Q4 and full-year FY26 financial results, as audited until March 31, 2026.
GIC Re and New India Assurance have taken the lead in establishing the Bharat Maritime Insurance Pool, with commitments surpassing $100 million. A $1.5 billion government sovereign backstop will support the pool in underwriting larger risks.
On April 16, 2026, CRISIL reaffirmed the AAA Stable rating for New India Assurance. This signifies the insurer's exceptional ability to repay debts promptly and a minimal credit risk profile, ensuring high safety for investors.
New India Assurance assures investors that there is no hidden information influencing the stock's price and volume fluctuations. The company maintains compliance with SEBI LODR regulations.
On Friday, there was significant trading activity for New India Assurance with approximately 7.6 million shares exchanged. Similarly, Coal India saw a surge in trading volume, reaching its highest point in over a month.
Private health insurance experienced a significant surge, growing by 19.4% in the fiscal year 2027. This growth, exceeding the industry average, was primarily driven by increased demand for health coverage and contributions from private insurers.
Today, there was a significant surge in trading volume for New India Assurance, with shares reaching 715.92 lakh – an increase of 124 times the average. This spike led to a rise in the stock price from Rs. 135.62 to Rs. 154.60, marking a 18.98 point gain. Similar volume increases were observed for Cohance Lifesciences, Minda Corp, GIC, and KIMS, accompanied by respective stock price improvements.
The shares of New India Assurance have significantly increased by 19.8%, reaching Rs. 155.9, due to a projected premium growth of 10.9% in FY26. However, the company's market share rise to 12.74% has caught the attention of analysts, who anticipate further gains. Yet, they advise investors to exercise caution when the stock experiences temporary dips.
New India Assurance reported a 13.3% year-over-year increase in premium income, reaching INR 32.8 billion in March.
The Insurance Regulatory and Development Authority (Irdai) has classified Life Insurance Corporation (LIC), General Insurance Corporation of India (GIC Re), and New India Assurance as Systemically Important Insurers (D-SII) for the financial years 2025 and 2026. This signifies these insurers are deemed crucial to the Indian insurance sector's stability.
The New India Assurance company has successfully overturned a ₹20.3 crore penalty for the tax year 2019-20, as announced by the National Faceless Appeal Centre on 1st March 2026. This decision marks a significant relief for the insurance giant.