General Insurance Corporation Of India vs The New India Assurance Company: Share Price, Valuation and Results Compared

General Insurance Corporation Of India (Gicre) (NSE: GICRE) and The New India Assurance Company (NSE: NIACL) are both listed in the Property and Casualty Insurance industry. General Insurance Corporation Of India has a market capitalisation of ₹55,614 Cr and The New India Assurance Company ₹25,519 Cr, as of 9 Nov 2026. Their P/E ratios are 5.8 and 18.1 respectively. Return on equity is 8.52% for General Insurance Corporation Of India and 3.42% for The New India Assurance Company. Over one year, General Insurance Corporation Of India's share price is down 11.8% and The New India Assurance Company's is down 13.4%.

General Insurance Corporation Of India vs The New India Assurance Company — Key Figures

MetricGeneral Insurance Corporation Of IndiaThe New India Assurance Company
NSE SymbolGICRENIACL
BSE Code540755540769
Share Price₹334.70₹158.55
Market Cap₹55,614 Cr₹25,519 Cr
P/E Ratio5.818.1
Return on Equity8.52%3.42%
Return on Assets3.15%0.70%
Dividend Yield4.18%0.97%
Beta (1Y)0.271.31
1-Year Price Change-11.8%-13.4%
3-Month Price Change-5.1%-11.7%
52-Week Range₹308.00 – ₹417.95₹116.97 – ₹242.60
Latest QuarterQ2 FY27Q2 FY27
Quarterly Net Profit₹2,966 Cr₹-1,260 Cr
EPS (Basic, Quarter)₹16.90₹-7.59
Results Basisconsolidatedconsolidated
HeadquartersMumbai, MaharashtraMumbai, Maharashtra

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

General Insurance Corporation Of India (Gicre)

General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, life, marine hull, cargo and offshore energy, and miscellaneous products. The company was incorporated in 1972 and is headquartered in Mumbai, India.

The New India Assurance Company

The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides credit, engineering, aviation, property, personal accident, liability, marine cargo, marine hull, fire, travel, motor, health, employers liability, rural, product / public liability, other liability, social sector, and miscellaneous insurance products. It also offers crop, cattle, sheep, goat, poultry, horticulture/plantation, and micro insurance products, as well as insurance for agriculture solar pump sets. In addition, it offers …

Frequently Asked Questions

Which is larger by market cap, General Insurance Corporation Of India or The New India Assurance Company?

General Insurance Corporation Of India has a market capitalisation of ₹55,614 Cr, against ₹25,519 Cr for The New India Assurance Company as of 9 Nov 2026, about 2.2 times the size by market cap.

What is the P/E ratio of General Insurance Corporation Of India and The New India Assurance Company?

General Insurance Corporation Of India has a P/E of 5.8 and The New India Assurance Company a P/E of 18.1 as of 9 Nov 2026.

What is the return on equity of General Insurance Corporation Of India and The New India Assurance Company?

General Insurance Corporation Of India has a return on equity of 8.52% and The New India Assurance Company 3.42%.

How have General Insurance Corporation Of India and The New India Assurance Company shares moved over one year?

General Insurance Corporation Of India's share price is down 11.8% over one year and The New India Assurance Company's is down 13.4%.

Which industry are General Insurance Corporation Of India and The New India Assurance Company in?

Both are classified under Insurance > Property and Casualty Insurance on FinBizNet.

Is this comparison a recommendation to buy or sell General Insurance Corporation Of India or The New India Assurance Company?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.