Bajaj Allianz General Insurance vs HDFC ERGO General Insurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | Bajaj Allianz General Insurance | HDFC ERGO General Insurance | Period |
|---|---|---|---|
| net worth growth rate(size) | -13.8 % | 13.3 % | Q1 FY26-27 |
| debentures & bonds(size) | 749232 INR_lakhs | 342633 INR_lakhs | Q1 FY26-27 |
| combined ratio | 104.7 % | 110.6 % | Q1 FY26-27 |
| liability segment premium(size) | 2931 ₹ lakh | 307 ₹ lakh | Q1 FY26-27 |
| underwriting balance ratio | -5.0 % | -13.0 % | Q1 FY26-27 |
| MISP (Direct) policies(size) | 127141 count | 156053 count | Q1 FY26-27 |
| Web Aggregators policies(size) | 2730 count | 501 count | Q1 FY26-27 |
| earnings per share(size) | 44.70 ₹ | 2.86 ₹ | Q1 FY26-27 / Q1 FY25-26 |
| Insurance Marketing Firm policies(size) | 5664 count | 8180 count | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 53.00 × | 72.00 × | Q1 FY26-27 |
| investment income ratio | 2.2 % | 1.9 % | Q1 FY26-27 |
| fire incurred claims ratio | 48.9 % | 95.5 % | Q1 FY26-27 |
| crop insurance segment premium(size) | -1976 ₹ lakh | 2154 ₹ lakh | Q1 FY26-27 |
| profit before tax(size) | 638 ₹ crore | 292 ₹ crore | Q1 FY26-27 |
| equity & preference shares(size) | 455012 INR_lakhs | 409656 INR_lakhs | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 7.3 % | 8.8 % | Q1 FY26-27 |
| aviation segment premium(size) | 503 ₹ lakh | 455 ₹ lakh | Q1 FY26-27 |
| MISP (Direct) premium(size) | 9048 ₹ lakh | 2214 ₹ lakh | Q1 FY26-27 |
| central govt. securities(size) | 20.4 % | 21.0 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 51.0 % | 39.8 % | Q1 FY26-27 |
| Brokers policies(size) | 2190021 count | 1365293 count | Q1 FY26-27 |
| net NPA ratio | 0.00 % | 0.00 % | Q1 FY26-27 / Q1 FY25-26 |
| crop combined ratio | 2971.0 % | 327.3 % | Q1 FY26-27 |
| gross direct premium growth rate(size) | 11.6 % | 20.6 % | Q1 FY26-27 |
| expense ratio to gross premium | 29.5 % | 31.8 % | Q1 FY26-27 |
| travel combined ratio | 145.8 % | 107.0 % | Q1 FY26-27 |
| other segment premium(size) | 65482 ₹ lakh | 30587 ₹ lakh | Q1 FY26-27 |
| health incurred claims ratio | 90.9 % | 90.8 % | Q1 FY26-27 |
| government securities(size) | 1042910 INR_lakhs | 659572 INR_lakhs | Q1 FY26-27 |
| travel segment premium(size) | 5721 ₹ lakh | 2337 ₹ lakh | Q1 FY26-27 |
| Common Service Centres (CSC) premium(size) | -563 ₹ lakh | 537 ₹ lakh | Q1 FY26-27 |
| crop incurred claims ratio | 3078.0 % | 105.5 % | Q1 FY26-27 |
| Direct Business – Online premium(size) | 2189 ₹ lakh | 12834 ₹ lakh | Q1 FY26-27 |
| workmen's compensation combined ratio | 104.1 % | 113.7 % | Q1 FY26-27 |
| Direct Business – Others premium(size) | 115687 ₹ lakh | 49626 ₹ lakh | Q1 FY26-27 |
| net earning ratio | 17.8 % | 12.4 % | Q1 FY26-27 / Q1 FY25-26 |
| engineering incurred claims ratio | 56.3 % | 120.9 % | Q1 FY26-27 |
| govt + approved securities(size) | 30.9 % | 39.0 % | Q1 FY26-27 |
| marine hull combined ratio | 36.3 % | 2317.9 % | Q1 FY26-27 |
| marine cargo incurred claims ratio | 89.7 % | 100.0 % | Q1 FY26-27 |
| health combined ratio | 108.7 % | 105.5 % | Q1 FY26-27 |
| liability combined ratio | 54.6 % | -70.2 % | Q1 FY26-27 |
| motor OD segment premium(size) | 79987 ₹ lakh | 54367 ₹ lakh | Q1 FY26-27 |
| operating profit ratio | 17.8 % | 12.3 % | Q1 FY26-27 |
| motor od incurred claims ratio | 76.6 % | 69.1 % | Q1 FY26-27 |
| npa provision coverage | 0.0 % | 100.0 % | Q1 FY26-27 |
| net retention ratio(size) | 46.4 % | 44.8 % | Q1 FY26-27 |
| Individual Agents policies(size) | 653974 count | 379289 count | Q1 FY26-27 |
| gross NPA ratio | 0.00 % | 0.59 % | Q1 FY26-27 / Q1 FY25-26 |
| workmen's compensation segment premium(size) | 2548 ₹ lakh | 1455 ₹ lakh | Q1 FY26-27 |
| Direct Business – Others policies(size) | 934464 count | 1186996 count | Q1 FY26-27 |
| health segment premium(size) | 175965 ₹ lakh | 196532 ₹ lakh | Q1 FY26-27 |
| Individual Agents premium(size) | 86223 ₹ lakh | 96034 ₹ lakh | Q1 FY26-27 |
| aviation combined ratio | 34.9 % | 1103.2 % | Q1 FY26-27 |
| marine cargo segment premium(size) | 18439 ₹ lakh | 7067 ₹ lakh | Q1 FY26-27 |
| marine hull incurred claims ratio | 0.0 % | 80.0 % | Q1 FY26-27 |
| Common Service Centres (CSC) policies(size) | 98274 count | 11146 count | Q1 FY26-27 |
| net commission ratio(size) | 8.9 % | -6.3 % | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 1433 ₹ lakh | 1236 ₹ lakh | Q1 FY26-27 |
| book value per share(size) | 1021.05 ₹ | 69.85 ₹ | Q1 FY26-27 / Q1 FY25-26 |
| personal accident segment premium(size) | 6026 ₹ lakh | 19680 ₹ lakh | Q1 FY26-27 |
| Web Aggregators premium(size) | 34 ₹ lakh | 66 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 2036111 count | 5266250 count | Q1 FY26-27 |
| engineering segment premium(size) | 18904 ₹ lakh | 10406 ₹ lakh | Q1 FY26-27 |
| travel incurred claims ratio | 59.4 % | 55.8 % | Q1 FY26-27 |
| profit after tax(size) | 478 ₹ crore | 220 ₹ crore | Q1 FY26-27 |
| motor od combined ratio | 122.4 % | 220.8 % | Q1 FY26-27 |
| fire segment premium(size) | 90793 ₹ lakh | 52442 ₹ lakh | Q1 FY26-27 |
| marine hull segment premium(size) | 3261 ₹ lakh | 330 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 322050 count | 41840 count | Q1 FY26-27 |
| Brokers premium(size) | 281025 ₹ lakh | 188322 ₹ lakh | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 13.6 % | 6.0 % | Q1 FY26-27 |
| personal accident combined ratio | 82.1 % | 16.7 % | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 11268 ₹ lakh | 14865 ₹ lakh | Q1 FY26-27 |
| solvency ratio | 2.54 × | 2.18 × | Q1 FY26-27 |
| fire combined ratio | 5.3 % | 19.1 % | Q1 FY26-27 |
| motor tp combined ratio | 103.5 % | 135.8 % | Q1 FY26-27 |
| motor tp incurred claims ratio | 51.0 % | 95.0 % | Q1 FY26-27 |
| gross npa ratio | 0.00 % | 0.55 % | Q1 FY26-27 |
| liability incurred claims ratio | 25.7 % | -72.0 % | Q1 FY26-27 |
| expense ratio | 30.4 % | 23.1 % | Q1 FY26-27 |
| gross yield (quarterly) | 2.15 % | 1.90 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 49617 ₹ lakh | 43666 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 20919 ₹ lakh | 3130 ₹ lakh | Q1 FY26-27 |
| Direct Business – Online policies(size) | 32012 count | 81802 count | Q1 FY26-27 |
| motor TP segment premium(size) | 106620 ₹ lakh | 34409 ₹ lakh | Q1 FY26-27 |
| engineering combined ratio | 26.7 % | 141.9 % | Q1 FY26-27 |
| marine cargo combined ratio | 123.4 % | 122.0 % | Q1 FY26-27 |
| gross npa (amount) | 0 INR_lakhs | 15957 INR_lakhs | Q1 FY26-27 |
| aviation incurred claims ratio | 24.4 % | 101.9 % | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 67.6 % | 82.1 % | Q1 FY26-27 |
| incurred claims ratio | 74.3 % | 87.5 % | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 1636367 count | 697055 count | Q1 FY26-27 |
| housing & infrastructure(size) | 29.5 % | 29.0 % | Q1 FY26-27 |
| other investments(size) | 1093056 INR_lakhs | 181546 INR_lakhs | Q1 FY26-27 |
| mutual funds(size) | 21015 INR_lakhs | 568 INR_lakhs | Q4 FY25-26 / Q1 FY26-27 |
| gross yield (annualized) | 8.64 % | 8.20 % | FY25-26 / Q4 FY25-26 |
| infrastructure & housing(size) | 27074 INR_lakhs | 826433 INR_lakhs | Q3 FY25-26 / Q1 FY26-27 |
| claim settlement ratio | 87.3 % | 93.5 % | Q2 FY25-26 / FY24-25 |
| gross written premium(size) | 21417 ₹ crore | 15025 ₹ crore | FY25-03 / Q4 FY25-26 |
| claims repudiation ratio | 1.79 % | 1.59 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.