Motor TP premium revision not happening
Long-awaited third-party premium revision has not occurred, while court awards continue to rise, pressuring loss ratios.
New India Assurance · risk themes across the available quarters.
Bear-case history
Long-awaited third-party premium revision has not occurred, while court awards continue to rise, pressuring loss ratios.
Pricing in property insurance remains highly competitive with discounts increasing, impacting growth and margins.
Marine ICR worsened significantly due to large cargo claims and a general average claim, impacting underwriting results.