Aditya Birla Health Insurance vs Galaxy Health Insurance: IRDAI Data Comparison
Health insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | Aditya Birla Health Insurance | Galaxy Health Insurance | Period |
|---|---|---|---|
| Individual Agents policies(size) | 90784 count | 17164 count | Q1 FY26-27 |
| personal accident segment premium(size) | 11350 ₹ lakh | 325 ₹ lakh | Q1 FY26-27 |
| earnings per share(size) | -1.56 ₹ | -3.42 ₹ | Q1 FY26-27 / Q4 FY25-26 |
| health segment premium(size) | 188890 ₹ lakh | 5795 ₹ lakh | Q1 FY26-27 |
| expense ratio | 26.0 % | 93.1 % | Q1 FY26-27 |
| Individual Agents premium(size) | 21634 ₹ lakh | 2484 ₹ lakh | Q1 FY26-27 |
| profit before tax(size) | -88 ₹ crore | -35 ₹ crore | Q1 FY26-27 |
| Web Aggregators premium(size) | 95 ₹ lakh | 13 ₹ lakh | Q1 FY26-27 |
| debentures & bonds(size) | 102176 INR_lakhs | 6348 INR_lakhs | Q1 FY26-27 |
| Web Aggregators policies(size) | 431 count | 66 count | Q1 FY26-27 |
| gross direct premium growth rate(size) | 51.0 % | 398.0 % | Q1 FY26-27 |
| profit after tax(size) | -88 ₹ crore | -35 ₹ crore | Q1 FY26-27 |
| Brokers premium(size) | 120316 ₹ lakh | 2027 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 23983 ₹ lakh | 48 ₹ lakh | Q1 FY26-27 |
| personal accident combined ratio | 97.0 % | 110.0 % | Q1 FY26-27 |
| gross written premium(size) | 2356 ₹ crore | 17 ₹ crore | Q1 FY26-27 / FY24-25 |
| net yield (quarterly) | 1.79 % | 1.31 % | Q1 FY26-27 |
| incurred claims ratio | 84.0 % | 59.8 % | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 145 ₹ lakh | 8 ₹ lakh | Q1 FY26-27 |
| health combined ratio | 110.0 % | 155.2 % | Q1 FY26-27 |
| mutual funds(size) | 32061 INR_lakhs | 646 INR_lakhs | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 86 ₹ lakh | 41 ₹ lakh | Q1 FY26-27 |
| housing & infrastructure(size) | 17.6 % | 25.6 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 448 count | -2 count | Q1 FY26-27 |
| required solvency margin(size) | 113719 ₹ lakh | 5000 ₹ lakh | Q1 FY26-27 |
| government securities(size) | 150874 INR_lakhs | 15146 INR_lakhs | Q1 FY26-27 |
| net commission ratio(size) | 8.0 % | 13.7 % | Q1 FY26-27 |
| gross npa (amount) | 0 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| combined ratio | 110.0 % | 153.0 % | Q1 FY26-27 |
| expense ratio to gross premium | 35.0 % | 89.5 % | Q1 FY26-27 |
| health incurred claims ratio | 85.0 % | 62.0 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 60.0 % | 18.8 % | Q1 FY26-27 |
| underwriting balance ratio | -15.0 % | -112.7 % | Q1 FY26-27 |
| net earning ratio | -6.0 % | -40.2 % | Q1 FY26-27 / Q4 FY25-26 |
| solvency ratio | 1.58 × | 3.95 × | Q1 FY26-27 |
| book value per share(size) | 33.72 ₹ | 5.95 ₹ | Q1 FY26-27 / Q4 FY25-26 |
| Corporate Agents – Others policies(size) | 6963 count | 3519 count | Q1 FY26-27 |
| Brokers policies(size) | 167407 count | 86247 count | Q1 FY26-27 |
| central govt. securities(size) | 24.8 % | 39.2 % | Q1 FY26-27 |
| govt + approved securities(size) | 53.1 % | 49.5 % | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 2.0 % | 1.8 % | Q1 FY26-27 |
| net retention ratio(size) | 74.0 % | 95.4 % | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 104.00 × | 30.00 × | Q1 FY26-27 |
| operating profit ratio | -8.0 % | -106.7 % | Q1 FY26-27 |
| net worth growth rate(size) | 6.0 % | -6.2 % | Q1 FY26-27 |
| other investments(size) | 149143 INR_lakhs | 600 INR_lakhs | Q1 FY26-27 |
| available solvency margin(size) | 179787 ₹ lakh | 19766 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 852 count | 339 count | Q1 FY26-27 |
| gross yield (quarterly) | 1.79 % | 1.75 % | Q1 FY26-27 |
| npa provision coverage | 0.0 % | 0.0 % | Q1 FY26-27 |
| investment income ratio | 2.0 % | 1.8 % | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 100.0 % | 93.0 % | Q1 FY26-27 |
| net yield (annualized) | 7.30 % | 5.92 % | Q4 FY25-26 |
| gross yield (annualized) | 7.30 % | 7.91 % | Q4 FY25-26 |
| claims repudiation ratio | 3.98 % | 17.33 % | FY24-25 |
| claim settlement ratio | 94.1 % | 66.7 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.