BANKING AFFAIRS

Detailed explanation-1: -NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 26 countries and headquartered at Mumbai, India. Our global business crossed Rs. 31573 crores in March 2021.

Detailed explanation-2: -New India Assurance Company is a 100 per cent government-owned multinational general insurance company operating in 22 countries. Founded by Sir Dorabji Tata in 1919, it has been a market leader in India’s non-life insurance business for over 40 years. Its business touched Rs10000 crore (Rs 100 billion) in 2012-13.

Detailed explanation-3: -NIACL is a government-owned insurance company, and candidates willing to apply for any other Insurance exams can visit the linked article. Table of Contents: NIACL Recruitment for Assistant. NIACL Assistant Exam Dates.

Detailed explanation-4: -The company, with its registered Head office in Mumbai, has about 31 regional offices, 6 Large Corporate Offices, 447 Divisional Offices, 578 Branches, 27 Direct Agent Branches and 1, 239 Micro Offices, Elmo Auto hub, 2 centralised legal hubs totaling 2329 offices.

Detailed explanation-5: -To develop General Insurance Business in the best interest of the community.