Refer to the input text as context and select the correct relationship between 'New India Assurance' and 'insurance' from the available options.
Options: currency, chief executive officer, stock exchange, industry

In a recent announcement, the New India Assurance Company Ltd (NIA), a government of India-owned insurance company announced the opening of its regional hub in the DIFC, which will act as company’s administrative control headquarters across the GCC.
industry