Medium Risk

THE NEW INDIA ASSURANCE COMPANY LIMITED

Non-Life Insurance & Reinsurance activities

CIN: L66000MH1919GOI000526 FY: 2024-2025 Revenue: ₹43,618.4 Cr
5.8
ESG Risk
Score /10
Compliance RiskEpr ExposureGhg Intensity

Risk Breakdown

GHG Intensity
5.0
Water Intensity
5.0
Waste Intensity
5.0
EPR Exposure
6.5
Compliance Risk
10.0
HR Risk
3.0
Governance Risk
3.0

Financial Exposure

Est. Compliance Cost₹70–262 crore
EPR ApplicableUnknown
Scope 1 Emissions— tCO2e
Scope 2 Emissions— tCO2e
Water Withdrawal— m³
Waste Generated— T

Governance

Anti-Corruption PolicyYes
Conflict of Interest PolicyYes
BRSR AssuranceNone
Assurance Provider

Double Materiality

Financial Materiality5.8
Impact Materiality5.3
QuadrantDual Materiality

Supply Chain

MSME Sourcing0.0%
Lifecycle AssessmentNo
Product ReclaimYes

Material Risks

e-waste

ESG Targets & Commitments

TopicTarget / MetricStatus
Human Rights in Supply Chain HR clauses in all contracts Commitment

AI Risk Summary

**Financial Risk Summary: THE NEW INDIA ASSURANCE COMPANY LIMITED** New India Assurance faces critical compliance exposure under SEBI BRSR Core Expansion, with a maximum estimated remediation cost of ₹262 crore—equivalent to 0.6% of annual revenue—driven by incomplete environmental disclosure and unknown EPR applicability status. The company's "critical" compliance risk score (10/10) creates material delisting and enforcement action risk for this top-tier insurer, particularly given SEBI's heightened scrutiny of large-cap financial services. EPR exposure (6.5/10) remains unquantified, creating contingent liability uncertainty; if applicable, undisclosed obligations could trigger regulatory penalties and reputational damage in the insurance sector's customer-facing operations. Immediate priority: clarify EPR scope, formalize Scope 1/2 emissions reporting (currently absent despite operational fleet exposure), and document environmental compliance architecture to mitigate enforcement action risk.

Source: THE NEW INDIA ASSURANCE COMPANY LIMITED BRSR Filing, FY 2024-2025. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.

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