ECGC vs New India Assurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | ECGC | New India Assurance | Period |
|---|---|---|---|
| technical reserves to premium ratio(size) | 17.1 % | 5.3 % | Q1 FY26-27 |
| profit after tax(size) | 65 ₹ crore | -257 ₹ crore | Q1 FY26-27 |
| required solvency margin(size) | 24579 ₹ lakh | 1193232 ₹ lakh | Q1 FY26-27 |
| infrastructure & housing(size) | 380573 INR_lakhs | 1593081 INR_lakhs | Q1 FY26-27 |
| expense ratio to gross premium | 27.6 % | 16.8 % | Q1 FY26-27 |
| solvency ratio | 56.14 × | 1.80 × | Q1 FY26-27 |
| housing & infrastructure(size) | 20.5 % | 23.6 % | Q1 FY26-27 |
| mutual funds(size) | 86726 INR_lakhs | 130140 INR_lakhs | Q1 FY26-27 |
| expense ratio | 28.5 % | 18.1 % | Q1 FY26-27 |
| central govt. securities(size) | 20.6 % | 26.6 % | Q1 FY26-27 |
| net retention ratio(size) | 81.9 % | 81.8 % | Q1 FY26-27 |
| gross npa (amount) | 8402 INR_lakhs | 14604 INR_lakhs | Q1 FY26-27 |
| Brokers premium(size) | 6042 ₹ lakh | 489456 ₹ lakh | Q1 FY26-27 |
| net worth growth rate(size) | 6.2 % | 5.0 % | Q1 FY26-27 |
| Brokers policies(size) | 531 count | 742805 count | Q1 FY26-27 |
| gross direct premium growth rate(size) | 7.1 % | 2.8 % | Q1 FY26-27 |
| gross yield (quarterly) | 7.18 % | 10.87 % | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 200.00 × | 0.57 × | Q1 FY26-27 |
| debentures & bonds(size) | 107369 INR_lakhs | 111686 INR_lakhs | Q1 FY26-27 |
| net commission ratio(size) | -3.5 % | 8.4 % | Q1 FY26-27 |
| incurred claims ratio | 159.5 % | 103.4 % | Q1 FY26-27 |
| govt + approved securities(size) | 52.7 % | 47.9 % | Q1 FY26-27 |
| other investments(size) | 37598 INR_lakhs | 75637 INR_lakhs | Q1 FY26-27 |
| operating profit ratio | -59.3 % | -8.3 % | Q1 FY26-27 |
| combined ratio | 188.0 % | 121.4 % | Q1 FY26-27 |
| investment income ratio | 6.9 % | 2.1 % | Q1 FY26-27 |
| other segment premium(size) | 34446 ₹ lakh | 74467 ₹ lakh | Q1 FY26-27 |
| other incurred claims ratio | 159.5 % | 72.4 % | Q1 FY26-27 |
| npa provision coverage | 100.0 % | 100.0 % | Q1 FY26-27 |
| other combined ratio | 188.0 % | 86.2 % | Q1 FY26-27 |
| underwriting balance ratio | -88.4 % | -0.2 % | Q1 FY26-27 |
| profit before tax(size) | 87 ₹ crore | -191 ₹ crore | Q1 FY26-27 |
| government securities(size) | 927780 INR_lakhs | 3483904 INR_lakhs | Q1 FY26-27 |
| other approved securities(size) | 49739 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| available solvency margin(size) | 1379941 ₹ lakh | 2149470 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 0 ₹ lakh | 6709 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 0 count | 102238 count | Q1 FY26-27 |
| equity & preference shares(size) | 327808 INR_lakhs | 2673706 INR_lakhs | Q1 FY26-27 |
| net yield (quarterly) | 5.37 % | 7.07 % | Q1 FY26-27 |
| gross yield (annualized) | 7.74 % | 15.37 % | Q4 FY25-26 |
| return on net worth | 8.9 % | -1.1 % | Q4 FY25-26 / Q1 FY26-27 |
| net yield (annualized) | 5.79 % | 10.00 % | Q4 FY25-26 |
| net earning ratio | 170.9 % | -2.3 % | Q4 FY25-26 / Q1 FY26-27 |
| gross written premium(size) | 1367 ₹ crore | 12464 ₹ crore | FY24-25 / Q1 FY26-27 |
| claim settlement ratio | 39.0 % | 95.3 % | FY24-25 |
| claims repudiation ratio | 41.52 % | 1.51 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.