Aditya Birla Health Insurance vs Niva Bupa Health Insurance: IRDAI Data Comparison
Health insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | Aditya Birla Health Insurance | Niva Bupa Health Insurance | Period |
|---|---|---|---|
| Individual Agents policies(size) | 90784 count | 250360 count | Q1 FY26-27 |
| gross NPA ratio | 0.00 % | 0.00 % | Q1 FY26-27 |
| personal accident segment premium(size) | 11350 ₹ lakh | 2609 ₹ lakh | Q1 FY26-27 |
| earnings per share(size) | -1.56 ₹ | -0.72 ₹ | Q1 FY26-27 |
| health segment premium(size) | 188890 ₹ lakh | 211900 ₹ lakh | Q1 FY26-27 |
| expense ratio | 26.0 % | 44.9 % | Q1 FY26-27 |
| Individual Agents premium(size) | 21634 ₹ lakh | 69607 ₹ lakh | Q1 FY26-27 |
| travel incurred claims ratio | 248.0 % | -7.9 % | Q1 FY26-27 |
| profit before tax(size) | -88 ₹ crore | -179 ₹ crore | Q1 FY26-27 |
| Web Aggregators premium(size) | 95 ₹ lakh | 347 ₹ lakh | Q1 FY26-27 |
| debentures & bonds(size) | 102176 INR_lakhs | 330586 INR_lakhs | Q1 FY26-27 |
| Web Aggregators policies(size) | 431 count | 1459 count | Q1 FY26-27 |
| gross direct premium growth rate(size) | 51.0 % | 31.8 % | Q1 FY26-27 |
| profit after tax(size) | -88 ₹ crore | -134 ₹ crore | Q1 FY26-27 |
| Brokers premium(size) | 120316 ₹ lakh | 59096 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 23983 ₹ lakh | 16000 ₹ lakh | Q1 FY26-27 |
| personal accident combined ratio | 97.0 % | 79.3 % | Q1 FY26-27 |
| gross written premium(size) | 2356 ₹ crore | 2150 ₹ crore | Q1 FY26-27 |
| net yield (quarterly) | 1.79 % | 1.79 % | Q1 FY26-27 |
| incurred claims ratio | 84.0 % | 78.8 % | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 145 ₹ lakh | 1130 ₹ lakh | Q1 FY26-27 |
| health combined ratio | 110.0 % | 118.7 % | Q1 FY26-27 |
| mutual funds(size) | 32061 INR_lakhs | 42900 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 85396 count | 100772 count | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 86 ₹ lakh | 111 ₹ lakh | Q1 FY26-27 |
| Direct Business – Officers/Employees policies(size) | 11007 count | 95888 count | Q1 FY26-27 |
| housing & infrastructure(size) | 17.6 % | 38.4 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 448 count | 3691 count | Q1 FY26-27 |
| required solvency margin(size) | 113719 ₹ lakh | 144015 ₹ lakh | Q1 FY26-27 |
| net NPA ratio | 0.00 % | 0.00 % | Q1 FY26-27 |
| government securities(size) | 150874 INR_lakhs | 214211 INR_lakhs | Q1 FY26-27 |
| net commission ratio(size) | 8.0 % | 16.7 % | Q1 FY26-27 |
| gross npa (amount) | 0 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| combined ratio | 110.0 % | 118.1 % | Q1 FY26-27 |
| expense ratio to gross premium | 35.0 % | 35.1 % | Q1 FY26-27 |
| health incurred claims ratio | 85.0 % | 79.5 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 60.0 % | 39.6 % | Q1 FY26-27 |
| underwriting balance ratio | -15.0 % | -24.0 % | Q1 FY26-27 |
| net earning ratio | -6.0 % | -8.0 % | Q1 FY26-27 |
| Direct Business – Officers/Employees premium(size) | 7409 ₹ lakh | 26752 ₹ lakh | Q1 FY26-27 |
| solvency ratio | 1.58 × | 2.25 × | Q1 FY26-27 |
| book value per share(size) | 33.72 ₹ | 16.75 ₹ | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 6963 count | 10635 count | Q1 FY26-27 |
| Brokers policies(size) | 167407 count | 214415 count | Q1 FY26-27 |
| central govt. securities(size) | 24.8 % | 20.2 % | Q1 FY26-27 |
| Direct Business – Online premium(size) | 921 ₹ lakh | 240 ₹ lakh | Q1 FY26-27 |
| govt + approved securities(size) | 53.1 % | 31.8 % | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 2.0 % | 2.7 % | Q1 FY26-27 |
| net retention ratio(size) | 74.0 % | 78.3 % | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 104.00 × | 69.00 × | Q1 FY26-27 |
| other approved securities(size) | 171825 INR_lakhs | 102138 INR_lakhs | Q1 FY26-27 |
| operating profit ratio | -8.0 % | -15.6 % | Q1 FY26-27 |
| travel segment premium(size) | 296 ₹ lakh | 487 ₹ lakh | Q1 FY26-27 |
| net worth growth rate(size) | 6.0 % | 3.7 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 25947 ₹ lakh | 41712 ₹ lakh | Q1 FY26-27 |
| Direct Business – Online policies(size) | 4743 count | 2108 count | Q1 FY26-27 |
| other investments(size) | 149143 INR_lakhs | 28871 INR_lakhs | Q1 FY26-27 |
| equity & preference shares(size) | 1828 INR_lakhs | 961 INR_lakhs | Q1 FY26-27 |
| travel combined ratio | 280.0 % | 89.1 % | Q1 FY26-27 |
| available solvency margin(size) | 179787 ₹ lakh | 323822 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 852 count | 586 count | Q1 FY26-27 |
| gross yield (quarterly) | 1.79 % | 1.79 % | Q1 FY26-27 |
| investment income ratio | 2.0 % | 1.8 % | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 100.0 % | 85.6 % | Q1 FY26-27 |
| net yield (annualized) | 7.30 % | 7.20 % | Q4 FY25-26 |
| gross yield (annualized) | 7.30 % | 7.20 % | Q4 FY25-26 |
| claims repudiation ratio | 3.98 % | 7.30 % | FY24-25 |
| claim settlement ratio | 94.1 % | 90.6 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.