THE NEW INDIA ASSURANCE CO. LTD.

Nationalised in 1973 with merger of Indian companies. Overseas operations commenced in 1920. Operations in 24 countries in the year 2004-05. We will respond to all commercially viable general insurance requirements of the citizens, including products for weaker sections of the society at affordable price within three months from the date on which such a requirement. We will ensure that prospectus of the various insurance products are provided to the customers and the extent of coverage is explained for his choosing the appropriate product. A written proposal will be obtained from the insured wherever necessary and accordingly the policy will be prepared.

Established by Sir Dorab Tata in 1919, New India is the first fully Indian owned insurance company in India. New India is a pioneer among the Indian Companies on various fronts, right from insuring the first domestic airlines in 1946 to satellite insurance in 1980. With a wide range of policies New India has become one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region. Network of 19 Branches, 12 Agencies, 2 Associate companies and 2 Subsidiary companies in the year 2004-05. Overseas Premium of Rs. 892.35 crores in the year 2004-05, which accounts for more than 80% of total overseas premium in India. Incorporated on July 23rd, 1919 Founded by the House of Tata Founder member - Sir Dorab Tata.