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The New India Assurance Co. Ltd. (NIA) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai , [ 5 ] it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations. [ 6 ]
The New India Assurance Co Ltd (1919) Indian Mercantile; General Assurance; Swadeshi Life (later Bombay Life) Sahyadri Insurance (Merged into LIC, 1986) These companies were established when India was marked mostly by turbulent economic and political conditions including the Indian rebellion of 1857, World War I and World War II. The effect of ...
The New India Assurance Building is an art deco office building made of reinforced concrete and designed by Master, Sathe and Bhuta, with artistic designer N. G. Pansare. It was constructed in 1937 in Mumbai , India for New India Assurance Co. Ltd. , an Indian insurance company which was founded by Sir Dorabji Tata in 1919.
The business of general insurance was nationalised through The General Insurance (Emergency) Provisions Ordinance promulgated on 13 May 1971 and thereby the business being carried on by 107 entities was consolidated and restructured into four companies namely The New India Assurance Company Limited, Bombay, United India Fire & General Insurance Company Limited, Madras, Oriental Fire & General ...
New India Assurance Company Limited. Redirect to: New India Assurance. Retrieved from " ".
With this, the company was ranked second among general insurance companies operating in India, behind New India Assurance, at the end of the 2014 Financial Year. [11] With about 2000 offices and approximately 11,000 employees and many more agents, the company operates in all of India, and neighbouring Nepal. [3]
Bajaj Allianz General Insurance Co. Ltd. Title. MD & CEO, Bajaj Allianz General Insurance Co. Ltd. Website. www .bajajallianz .com /ceo-blog .html. Tapan Singhel (12 August 1966) is an Indian insurance executive that has been the Managing Director and Chief Executive Officer (CEO) of Bajaj Allianz General Insurance company since April 2012.
New India Assurance Co. Ltd., and United India Insurance Co. Ltd. [4] [5] AIC is under the administrative control of Ministry of Finance, Government of India, and under the operational supervision of Ministry of Agriculture, Government of India. Insurance Regulatory and Development Authority (IRDA), Hyderabad, India, is the regulatory body ...