Bajaj Allianz General Insurance vs ICICI Lombard General Insurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | Bajaj Allianz General Insurance | ICICI Lombard General Insurance | Period |
|---|---|---|---|
| net worth growth rate(size) | -13.8 % | 0.9 % | Q1 FY26-27 |
| debentures & bonds(size) | 749232 INR_lakhs | 1372814 INR_lakhs | Q1 FY26-27 |
| combined ratio | 104.7 % | 107.2 % | Q1 FY26-27 |
| liability segment premium(size) | 2931 ₹ lakh | 3592 ₹ lakh | Q1 FY26-27 |
| underwriting balance ratio | -5.0 % | -0.1 % | Q1 FY26-27 |
| MISP (Direct) policies(size) | 127141 count | 1496026 count | Q1 FY26-27 |
| Web Aggregators policies(size) | 2730 count | 11353 count | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 5664 count | 44394 count | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 53.00 × | 50.00 × | Q1 FY26-27 |
| investment income ratio | 2.2 % | 1.9 % | Q1 FY26-27 |
| fire incurred claims ratio | 48.9 % | 118.0 % | Q1 FY26-27 |
| crop insurance segment premium(size) | -1976 ₹ lakh | 1830 ₹ lakh | Q1 FY26-27 |
| profit before tax(size) | 638 ₹ crore | 536 ₹ crore | Q1 FY26-27 |
| equity & preference shares(size) | 455012 INR_lakhs | 820242 INR_lakhs | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 7.3 % | 7.4 % | Q1 FY26-27 |
| aviation segment premium(size) | 503 ₹ lakh | 2806 ₹ lakh | Q1 FY26-27 |
| MISP (Direct) premium(size) | 9048 ₹ lakh | 21285 ₹ lakh | Q1 FY26-27 |
| central govt. securities(size) | 20.4 % | 22.0 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 51.0 % | 55.0 % | Q1 FY26-27 |
| Brokers policies(size) | 2190021 count | 4944886 count | Q1 FY26-27 |
| crop combined ratio | 2971.0 % | -359.1 % | Q1 FY26-27 |
| gross direct premium growth rate(size) | 11.6 % | 7.5 % | Q1 FY26-27 |
| expense ratio to gross premium | 29.5 % | 28.8 % | Q1 FY26-27 |
| travel combined ratio | 145.8 % | 107.5 % | Q1 FY26-27 |
| other segment premium(size) | 65482 ₹ lakh | 38788 ₹ lakh | Q1 FY26-27 |
| health incurred claims ratio | 90.9 % | 86.0 % | Q1 FY26-27 |
| government securities(size) | 1042910 INR_lakhs | 2159709 INR_lakhs | Q1 FY26-27 |
| travel segment premium(size) | 5721 ₹ lakh | 8634 ₹ lakh | Q1 FY26-27 |
| Common Service Centres (CSC) premium(size) | -563 ₹ lakh | 90 ₹ lakh | Q1 FY26-27 |
| crop incurred claims ratio | 3078.0 % | -335.0 % | Q1 FY26-27 |
| Direct Business – Online premium(size) | 2189 ₹ lakh | 82086 ₹ lakh | Q1 FY26-27 |
| workmen's compensation combined ratio | 104.1 % | 107.0 % | Q1 FY26-27 |
| net yield (quarterly) | 1.61 % | 1.28 % | Q1 FY26-27 |
| Direct Business – Others premium(size) | 115687 ₹ lakh | 38027 ₹ lakh | Q1 FY26-27 |
| net earning ratio | 17.8 % | 6.8 % | Q1 FY26-27 |
| engineering incurred claims ratio | 56.3 % | 87.0 % | Q1 FY26-27 |
| govt + approved securities(size) | 30.9 % | 36.0 % | Q1 FY26-27 |
| marine hull combined ratio | 36.3 % | 40.9 % | Q1 FY26-27 |
| marine cargo incurred claims ratio | 89.7 % | 83.0 % | Q1 FY26-27 |
| health combined ratio | 108.7 % | 109.7 % | Q1 FY26-27 |
| liability combined ratio | 54.6 % | 100.4 % | Q1 FY26-27 |
| motor OD segment premium(size) | 79987 ₹ lakh | 140228 ₹ lakh | Q1 FY26-27 |
| operating profit ratio | 17.8 % | 3.9 % | Q1 FY26-27 |
| motor od incurred claims ratio | 76.6 % | 68.0 % | Q1 FY26-27 |
| npa provision coverage | 0.0 % | 0.0 % | Q1 FY26-27 |
| net retention ratio(size) | 46.4 % | 74.5 % | Q1 FY26-27 |
| Individual Agents policies(size) | 653974 count | 666612 count | Q1 FY26-27 |
| workmen's compensation segment premium(size) | 2548 ₹ lakh | 5639 ₹ lakh | Q1 FY26-27 |
| Direct Business – Others policies(size) | 934464 count | 756042 count | Q1 FY26-27 |
| health segment premium(size) | 175965 ₹ lakh | 297384 ₹ lakh | Q1 FY26-27 |
| Individual Agents premium(size) | 86223 ₹ lakh | 98119 ₹ lakh | Q1 FY26-27 |
| aviation combined ratio | 34.9 % | 58.2 % | Q1 FY26-27 |
| marine cargo segment premium(size) | 18439 ₹ lakh | 32076 ₹ lakh | Q1 FY26-27 |
| marine hull incurred claims ratio | 0.0 % | 52.0 % | Q1 FY26-27 |
| Common Service Centres (CSC) policies(size) | 98274 count | 5216 count | Q1 FY26-27 |
| net commission ratio(size) | 8.9 % | 18.9 % | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 1433 ₹ lakh | 2274 ₹ lakh | Q1 FY26-27 |
| book value per share(size) | 1021.05 ₹ | 340.46 ₹ | Q1 FY26-27 |
| personal accident segment premium(size) | 6026 ₹ lakh | 16238 ₹ lakh | Q1 FY26-27 |
| real estate & subsidiaries(size) | 20168 INR_lakhs | 8318 INR_lakhs | Q1 FY26-27 |
| Web Aggregators premium(size) | 34 ₹ lakh | 95 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 2036111 count | 920450 count | Q1 FY26-27 |
| engineering segment premium(size) | 18904 ₹ lakh | 33811 ₹ lakh | Q1 FY26-27 |
| travel incurred claims ratio | 59.4 % | 56.0 % | Q1 FY26-27 |
| profit after tax(size) | 478 ₹ crore | 403 ₹ crore | Q1 FY26-27 |
| motor od combined ratio | 122.4 % | 118.1 % | Q1 FY26-27 |
| fire segment premium(size) | 90793 ₹ lakh | 99719 ₹ lakh | Q1 FY26-27 |
| marine hull segment premium(size) | 3261 ₹ lakh | 4343 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 322050 count | 803441 count | Q1 FY26-27 |
| Brokers premium(size) | 281025 ₹ lakh | 478325 ₹ lakh | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 13.6 % | 7.6 % | Q1 FY26-27 |
| personal accident combined ratio | 82.1 % | 63.2 % | Q1 FY26-27 |
| credit insurance segment premium(size) | 1676 ₹ lakh | 4248 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 11268 ₹ lakh | 13241 ₹ lakh | Q1 FY26-27 |
| solvency ratio | 2.54 × | 2.00 × | Q1 FY26-27 |
| fire combined ratio | 5.3 % | 120.5 % | Q1 FY26-27 |
| motor tp combined ratio | 103.5 % | 98.3 % | Q1 FY26-27 |
| motor tp incurred claims ratio | 51.0 % | 71.0 % | Q1 FY26-27 |
| liability incurred claims ratio | 25.7 % | 47.0 % | Q1 FY26-27 |
| expense ratio | 30.4 % | 36.2 % | Q1 FY26-27 |
| gross yield (quarterly) | 2.15 % | 1.89 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 49617 ₹ lakh | 70235 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 20919 ₹ lakh | 25909 ₹ lakh | Q1 FY26-27 |
| Direct Business – Online policies(size) | 32012 count | 7286 count | Q1 FY26-27 |
| motor TP segment premium(size) | 106620 ₹ lakh | 138383 ₹ lakh | Q1 FY26-27 |
| engineering combined ratio | 26.7 % | 85.2 % | Q1 FY26-27 |
| marine cargo combined ratio | 123.4 % | 109.3 % | Q1 FY26-27 |
| gross npa (amount) | 0 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| aviation incurred claims ratio | 24.4 % | 48.0 % | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 67.6 % | 59.0 % | Q1 FY26-27 |
| incurred claims ratio | 74.3 % | 76.4 % | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 1636367 count | 663511 count | Q1 FY26-27 |
| housing & infrastructure(size) | 29.5 % | 19.0 % | Q1 FY26-27 |
| other investments(size) | 1093056 INR_lakhs | 206438 INR_lakhs | Q1 FY26-27 |
| mutual funds(size) | 21015 INR_lakhs | 141183 INR_lakhs | Q4 FY25-26 / Q1 FY26-27 |
| net yield (annualized) | 6.46 % | 5.52 % | FY25-26 / Q4 FY25-26 |
| gross yield (annualized) | 8.64 % | 8.18 % | FY25-26 / Q4 FY25-26 |
| infrastructure & housing(size) | 27074 INR_lakhs | 1106060 INR_lakhs | Q3 FY25-26 / Q1 FY26-27 |
| claim settlement ratio | 87.3 % | 81.0 % | Q2 FY25-26 / FY24-25 |
| gross written premium(size) | 21417 ₹ crore | 28712 ₹ crore | FY25-03 / Q4 FY25-26 |
| claims repudiation ratio | 1.79 % | 8.28 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.