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Sunday, February 17, 2019 ARCHIVES  |  SEARCH  |  POST ADS  |  ADVERTISE  |  SUBSCRIBE   |  LOGIN   |  CONTACT US

Insurer setting new benchmarks

Stephanie Sutcliffe

The New India Assurance Company sends best wishes to all Indians on the occasion of their 72nd Independence Day.

The multinational general insurance company, with headquarters in Mumbai, was founded by Sir Dorabji Tata in 1919.

Operating in 28 countries today, the company’s global business crossed Rs 26,554 crores ($4.08 billion) in March 2018.

The company has been the market leader in India in non-life insurance business for more than 40 years.

It is the only direct insurer in India rated A- (Excellent) by AM Best Company since 2007 and AAA/Stable by CRISIL since 2014, indicating that it has the highest degree of financial strength to honour its policyholders’ obligations.

The long and rich history of friendship that Bahrain and India share facilitated the company to begin operations in the kingdom in 1959, under the aegis of the Arabian Gulf Agency.

Through these 59 years, New India Assurance has provided general insurance products and services to the Bahrain’s growing business requirements.

Now operating through its four offices located in Manama, Busaiteen, Exhibition Road and Sanad, the company provides all kinds of general insurance products including, motor insurance, marine cargo, marine hull (cargo and pleasure ships and boats), property, engineering, liability, professional indemnity, directors and officers liability and much more.

The company is celebrating its 100th year of foundation.

On the inaugural occasion of the centenary celebration in New Delhi, India, Mr M Venkaiah Naidu, Vice-President of India, complimented the company for playing an important role in the government-backed various insurance schemes in India for ordinary citizens.

New India Assurance provides services to corporates as well as individual customers.

The company works with its vision in mind to be the most respected, trusted and preferred non-life insurer in Bahrain as well as the world.

For more details, visit, email or call 17225158.

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