New India Assurance jumps 10% on 80% YoY profit surge
New India Assurance jumped 10% after reporting strong Q1 FY26 results, with net profit rising 80% YoY to ₹391 crore and Gross Written Premium up 13.1% to ₹13,333 crore. Market share improved to 15.5%, led by growth in the Health and Fire segments. Solvency ratio rose to 1.87x; claims payout increased with ICR at 99.76%.