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General Insurance Corporation Of India vs New India Assurance Company Ltd Stock Comparison

General Insurance Corporation Of India vs New India Assurance Company Ltd Stock Comparison

Last Updated on: May 10, 2025

Key Highlights

  • The Latest Trading Price of General Insurance Corporation of India is ₹ 394.7 as of 09 May 15:30.
  • The P/E Ratio of General Insurance Corporation of India changed from 17.6 on March 2021 to 8.7 on March 2024 . This represents a CAGR of -16.15% over 4 yearsThe P/E Ratio of New India Assurance Company Ltd changed from 12.8 on March 2020 to 33.6 on March 2024 . This represents a CAGR of 21.29% over 5 years.
  • The Market Cap of General Insurance Corporation of India changed from ₹ 18403 crore on March 2020 to ₹ 57886 crore on March 2024 . This represents a CAGR of 25.76% over 5 yearsThe Market Cap of New India Assurance Company Ltd changed from ₹ 18490 crore on March 2020 to ₹ 37500 crore on March 2024 . This represents a CAGR of 15.19% over 5 years.
  • The revenue of General Insurance Corporation of India for the Dec '24 is ₹ 11398 crore as compare to the Sep '24 revenue of ₹ 12284 crore. This represent the decline of -7.21% The revenue of New India Assurance Company Ltd for the Dec '24 is ₹ 10711 crore as compare to the Sep '24 revenue of ₹ 10786 crore. This represent the decline of -0.69%.
  • The ebitda of General Insurance Corporation of India for the Dec '24 is ₹ 2183 crore as compare to the Sep '24 ebitda of ₹ 2286 crore. This represent the decline of -4.51% The ebitda of New India Assurance Company Ltd for the Dec '24 is ₹ 107.26 crore as compare to the Sep '24 ebitda of ₹ 140.75 crore. This represent the decline of -23.79%.
  • The net profit of General Insurance Corporation of India changed from ₹ 950.07 crore to ₹ 1623 crore over 7 quarters. This represents a CAGR of 35.82% The net profit of New India Assurance Company Ltd changed from ₹ 265.66 crore to ₹ 344.26 crore over 7 quarters. This represents a CAGR of 15.96% .
  • The Dividend Payout of General Insurance Corporation of India changed from 19.68 % on March 2022 to 27 % on March 2024 . This represents a CAGR of 11.12% over 3 yearsThe Dividend Payout of New India Assurance Company Ltd changed from 30.1 % on March 2022 to 30.35 % on March 2024 . This represents a CAGR of 0.28% over 3 years.

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P/E Ratio Over Time

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Historical Share Prices

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Revenue Over Time

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EBITDA Over Time

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Net Profit Over Time

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Dividend Payout Over Time

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About General Insurance Corporation of India

  • General Insurance Corporation of India (GIC Re) is the leader in the Indian reinsurance market.
  • It leads many of the domestic companies' treaty programmes and facultative placements.
  • Internationally, GIC Re is an effective reinsurance partner for the Afro-Asian region, leading the reinsurance programmes of several insurance companies in the Middle East and North Africa and SAARC countries.
  • It has offices in London, Dubai, Kuala Lumpur and a representative office in Moscow.
  • The Corporation provides reinsurance across many key business lines including property, motor, agriculture, marine, engineering, aviation, health, liability. GIC Re was a wholly-owned company of Government of India until the Initial Public Offering (IPO) in October 2017.

About New India Assurance Company Ltd

  • The New India Assurance Company Limited is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches.
  • The Company's operations are spread across 29 States and seven Union Territories in India and across 26 other countries globally through a number of international branches, agency offices and Subsidiaries including a desk at Lloyd's, London.
  • The Company's insurance products can be broadly categorized into the following product verticals: fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products.
  • The Company is registered with IRDAI for carrying out the business of general insurance.
  • At present, the Company operate in 24 countries. The New India Assurance Company Limited was incorporated as a Limited Company on July 23, 1919 in Mumbai, Maharashtra, India.

General Insurance Corporation of India News Hub

News

General Insurance Corporation of India announces change in Govt. nominee director

General Insurance Corporation of India announced the nomination of Manoj Muttathil Ayyappa...

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18 Apr 2025 10:11

News

GICRE board approves incorporation of wholly owned subsidiary in UK

The Board of General Insurance Corporation of India at its meeting held on 03 February 202...

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03 Feb 2025 21:00

News

General Insurance Corporation of India to discuss results

General Insurance Corporation of India will hold a meeting of the Board of Directors of th...

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27 Jan 2025 14:04

News

General Insurance Corporation of India receives affirmation in credit rating

General Insurance Corporation of India announced that CARE Ratings has reaffirmed its cred...

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10 Jan 2025 18:56

News

General Insurance Corporation of India leads losers in 'A' group

K P R Mill Ltd, Kirloskar Brothers Ltd, Indo Count Industries Ltd and Spandana Sphoorty Fi...

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23 Dec 2024 15:00

News

General Insurance Corporation of India leads gainers in 'A' group

MTAR Technologies Ltd, Aegis Logistics Ltd, New India Assurance Company Ltd and Vakrangee ...

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20 Dec 2024 12:00

New India Assurance Company Ltd News Hub

News

New India Assurance Company to discuss results

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

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18 Jan 2025 10:53

News

New India Assurance Company receives ratings action from AM BEST

AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) and has...

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13 Dec 2024 12:12

News

New India Assurance Co to invest Rs 5 cr in Bima Sugam

The New India Assurance Co at its meeting held today i.e Wednesday, 11 December, 2024 has ...

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11 Dec 2024 18:42

News

New India Assurance spurts on Rs 1,945-cr IT refund order

'Income Tax Department has passed various orders (giving effect to the Commissioner of Inc...

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26 Nov 2024 12:20

News

New India Assurance rises on reporting turnaround Q2 numbers

However, total income increased 2.51% year on year (YoY) to Rs 10,134.53 crore in second q...

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01 Nov 2024 18:22

News

New India Assurance Company to announce Quarterly Result

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

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19 Oct 2024 10:23

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

SWOT Analysis Of General Insurance Corporation of India

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for New India Assurance Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

BlinkX Score for General Insurance Corporation of India

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of General Insurance Corporation of India and New India Assurance Company Ltd

Which company has a larger market capitalization, General Insurance Corporation of India or New India Assurance Company Ltd?

Market cap of General Insurance Corporation of India is 69,246 Cr while Market cap of New India Assurance Company Ltd is 26,433 Cr

What are the key factors driving the stock performance of General Insurance Corporation of India and New India Assurance Company Ltd?

The stock performance of General Insurance Corporation of India and New India Assurance Company Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for General Insurance Corporation of India and New India Assurance Company Ltd?

As of May 10, 2025, the General Insurance Corporation of India stock price is INR ₹394.7. On the other hand, New India Assurance Company Ltd stock price is INR ₹160.4.

How do dividend payouts of General Insurance Corporation of India and New India Assurance Company Ltd compare?

To compare the dividend payouts of General Insurance Corporation of India and New India Assurance Company Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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