Government of India Act 1919

AM Best Affirms Credit Ratings and Assigns National Scale Rating to The New India Assurance Company Limited

Retrieved on: 
金曜日, 10月 20, 2023

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of The New India Assurance Company Limited (New India) (India).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of The New India Assurance Company Limited (New India) (India).
  • Additionally, AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) to New India.
  • In addition, the ratings factor in the neutral impact from New India’s ultimate majority ownership by the Government of India.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

India Power Industry Report 2022-2027 Featuring Key Players - Adani Power, CESC, Damodar Valleyn, NHPC, and NTPC - ResearchAndMarkets.com

Retrieved on: 
金曜日, 5月 5, 2023

The scope of the power sector in India includes thermal power, hydro power, nuclear power, geothermal power, and renewable energy sources (RES).

Key Points: 
  • The scope of the power sector in India includes thermal power, hydro power, nuclear power, geothermal power, and renewable energy sources (RES).
  • RES includes power generated from sources like solar, wind, small hydro, biomass, and urban and industrial waste.
  • Adani Power Limited, CESC Limited, Damodar Valley Corporation, NHPC Limited, and NTPC Limited are the key market players.
  • Thermal power (based on fossil fuel) dominated the power sector in the past few years, followed by hydro power, renewable energy sources, and nuclear power.

AM Best Affirms Credit Ratings of The New India Assurance Company Limited

Retrieved on: 
金曜日, 9月 3, 2021

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of The New India Assurance Company Limited (New India) (India).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of The New India Assurance Company Limited (New India) (India).
  • The ratings also factor in a neutral impact from the companys ultimate majority ownership by the Government of India.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .