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May 2018 New India Assurance achieved, during the fiscal year 2017-2018,a net result of 22.01 billion INR (345.34 million USD) increasing by 114% compared to the previous year.
The turnover amounted to 265 billion INR (4.16 billion USD ), that is a rise of 19% . The Indian insurer is targeting an 18% increase in premiums during the 2018/2019 year.
It is also planning to expand his distribution network by opening 200 micro-offices and employing 10 000 new agents.
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