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New India Assurance

Founded by Sir Dorab Tata from the house of TATAs and incorporated on 23rd July 1919, New India Assurance was nationalised in 1973, with the merger of Indian companies.

Founded by Sir Dorab Tata from the house of TATAs and incorporated on 23rd July 1919, New India Assurance was nationalised in 1973, with the merger of Indian companies.
 
Global Gross Premium for FY 2019-2020 was Rs.31244 crores and for the half year ended of FY 2020-2021 is Rs.16145 crores. Profit before Tax and after tax as on 30th September 2020 is Rs.1040 crores and Rs.842 crores respectively. As on 30th September 2020, Net worth of the company including fair value stands at Rs.30477 crores, Investments at Market value is Rs.70064 crores and Asset base at Rs.81192 crores.

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