Get list of New India Recruitment 2016-2017 along with other details such as no. of vacancies, types of post, eligibility criteria and New India Jobs 2016-2017. New India was established by Sir Dorabji Tata in the year 1919, and was nationalized in the year 1973. It is located in Mumbai, Maharashtra and is one of the 5 Wholly Government of India owned assurance companies of India. It is the biggest general insurance company of India on the basis of the gross premium collection comprehensive of foreign operations. Initially it was a complementary of the General Insurance Corporation of India (GIC), but after GIC became an re-insurance company as per the IRDA Act 1999, its 4 major insurance subsidiaries United India Insurance, New India Assurance, Oriental Insurance and National Insurance got independence. New India Assurance operates both in foreign countries as well as in India. In the recent past it has collaborated with some of the foremost public sector bank of India like Central Bank of India, State Bank of India, Corporation Bank and United Western Bank to enlarge its allocation network.