{"id":193964,"date":"2026-08-10T13:50:53","date_gmt":"2026-08-10T08:20:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=193964"},"modified":"2026-08-10T13:50:54","modified_gmt":"2026-08-10T08:20:54","slug":"new-india-assurance-vs-gic-comparison","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/new-india-assurance-vs-gic-comparison\/","title":{"rendered":"New India Assurance vs General Insurance Corporation of India: Share Price, Comparison and Key Differences"},"content":{"rendered":"
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New India Assurance MCap Rs 29,499 Cr, PE 38.00x, ROE 4.08%, zero debt, Div 0.84%. GIC (General Insurance Corporation) MCap Rs 62,983 Cr, PE 6.52x, ROE 13.71%, zero debt, Div 2.79%.<\/em><\/p>\n

New India Assurance vs General Insurance Corporation of India (GIC Re) is a comparison investors look up when evaluating two listed PSU general insurance entities. New India Assurance is India’s largest general insurance company by premium income – a direct insurer selling motor, fire, health and marine policies across India and 28 international offices. GIC Re is India’s sole domestic reinsurer, providing reinsurance support to all Indian general insurers – a fundamentally different business model from New India Assurance.<\/p>\n

This New India Assurance vs General Insurance Corporation of India article covers reach and market position, key products, latest declared results and stock valuation. The New India Assurance vs General Insurance Corporation of India data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.<\/p>\n

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