Care Health Insurance vs Niva Bupa Health Insurance: IRDAI Data Comparison
Health insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | Care Health Insurance | Niva Bupa Health Insurance | Period |
|---|---|---|---|
| health combined ratio | 111.0 % | 118.7 % | Q1 FY26-27 |
| personal accident segment premium(size) | 6554 ₹ lakh | 2609 ₹ lakh | Q1 FY26-27 |
| required solvency margin(size) | 169623 ₹ lakh | 144015 ₹ lakh | Q1 FY26-27 |
| available solvency margin(size) | 267725 ₹ lakh | 323822 ₹ lakh | Q1 FY26-27 |
| Direct Business – Officers/Employees premium(size) | 3044 ₹ lakh | 26752 ₹ lakh | Q1 FY26-27 |
| Web Aggregators policies(size) | 1162 count | 1459 count | Q1 FY26-27 |
| central govt. securities(size) | 22.9 % | 20.2 % | Q1 FY26-27 |
| Brokers premium(size) | 100436 ₹ lakh | 59096 ₹ lakh | Q1 FY26-27 |
| travel incurred claims ratio | 22.0 % | -7.9 % | Q1 FY26-27 |
| expense ratio to gross premium | 33.0 % | 35.1 % | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 1.0 % | 85.6 % | Q1 FY26-27 |
| operating profit ratio | -8.0 % | -15.6 % | Q1 FY26-27 |
| Brokers policies(size) | 268815 count | 214415 count | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 1232 ₹ lakh | 1130 ₹ lakh | Q1 FY26-27 |
| gross npa (amount) | 0 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| debentures & bonds(size) | 133068 INR_lakhs | 330586 INR_lakhs | Q1 FY26-27 |
| solvency ratio | 1.58 × | 2.25 × | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 4169 count | 3691 count | Q1 FY26-27 |
| gross direct premium growth rate(size) | 43.0 % | 31.8 % | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 32186 count | 10635 count | Q1 FY26-27 |
| profit after tax(size) | -98 ₹ crore | -134 ₹ crore | Q1 FY26-27 |
| other investments(size) | 4105 INR_lakhs | 28871 INR_lakhs | Q1 FY26-27 |
| Web Aggregators premium(size) | 334 ₹ lakh | 347 ₹ lakh | Q1 FY26-27 |
| government securities(size) | 268549 INR_lakhs | 214211 INR_lakhs | Q1 FY26-27 |
| govt + approved securities(size) | 36.0 % | 31.8 % | Q1 FY26-27 |
| book value per share(size) | 27.04 ₹ | 16.75 ₹ | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 4246 ₹ lakh | 111 ₹ lakh | Q1 FY26-27 |
| Direct Business – Online premium(size) | 16580 ₹ lakh | 240 ₹ lakh | Q1 FY26-27 |
| net commission ratio(size) | 16.0 % | 16.7 % | Q1 FY26-27 |
| investment income ratio | 2.0 % | 1.8 % | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 2.3 % | 2.7 % | Q1 FY26-27 |
| travel combined ratio | 78.0 % | 89.1 % | Q1 FY26-27 |
| net earning ratio | -4.0 % | -8.0 % | Q1 FY26-27 |
| mutual funds(size) | 36848 INR_lakhs | 42900 INR_lakhs | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 108.00 × | 69.00 × | Q1 FY26-27 |
| gross yield (quarterly) | 1.77 % | 1.79 % | Q1 FY26-27 |
| health segment premium(size) | 281708 ₹ lakh | 211900 ₹ lakh | Q1 FY26-27 |
| personal accident combined ratio | 136.0 % | 79.3 % | Q1 FY26-27 |
| Direct Business – Officers/Employees policies(size) | 25017 count | 95888 count | Q1 FY26-27 |
| Direct Business – Online policies(size) | 86107 count | 2108 count | Q1 FY26-27 |
| Individual Agents premium(size) | 112239 ₹ lakh | 69607 ₹ lakh | Q1 FY26-27 |
| earnings per share(size) | -0.99 ₹ | -0.72 ₹ | Q1 FY26-27 |
| net worth growth rate(size) | 2.0 % | 3.7 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 66.0 % | 39.6 % | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 46313 count | 100772 count | Q1 FY26-27 |
| net yield (quarterly) | 1.33 % | 1.79 % | Q1 FY26-27 |
| equity & preference shares(size) | 69311 INR_lakhs | 961 INR_lakhs | Q1 FY26-27 |
| net retention ratio(size) | 77.0 % | 78.3 % | Q1 FY26-27 |
| expense ratio | 34.0 % | 44.9 % | Q1 FY26-27 |
| profit before tax(size) | -131 ₹ crore | -179 ₹ crore | Q1 FY26-27 |
| underwriting balance ratio | -17.0 % | -24.0 % | Q1 FY26-27 |
| housing & infrastructure(size) | 43.1 % | 38.4 % | Q1 FY26-27 |
| incurred claims ratio | 77.0 % | 78.8 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 21199 ₹ lakh | 41712 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 32837 ₹ lakh | 16000 ₹ lakh | Q1 FY26-27 |
| Individual Agents policies(size) | 457053 count | 250360 count | Q1 FY26-27 |
| infrastructure & housing(size) | 505810 INR_lakhs | 276625 INR_lakhs | Q1 FY26-27 |
| gross written premium(size) | 2927 ₹ crore | 2150 ₹ crore | Q1 FY26-27 |
| health incurred claims ratio | 78.0 % | 79.5 % | Q1 FY26-27 |
| other approved securities(size) | 153949 INR_lakhs | 102138 INR_lakhs | Q1 FY26-27 |
| combined ratio | 111.0 % | 118.1 % | Q1 FY26-27 |
| travel segment premium(size) | 4454 ₹ lakh | 487 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 24904 count | 586 count | Q1 FY26-27 |
| Micro Agents premium(size) | 0 ₹ lakh | 0 ₹ lakh | Q4 FY25-26 / Q1 FY26-27 |
| net yield (annualized) | 5.50 % | 7.20 % | Q4 FY25-26 |
| gross yield (annualized) | 7.30 % | 7.20 % | Q4 FY25-26 |
| claim settlement ratio | 95.2 % | 90.6 % | FY24-25 |
| claims repudiation ratio | 3.10 % | 7.30 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.