HDFC ERGO General Insurance vs ICICI Lombard General Insurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | HDFC ERGO General Insurance | ICICI Lombard General Insurance | Period |
|---|---|---|---|
| travel combined ratio | 107.0 % | 107.5 % | Q1 FY26-27 |
| motor TP segment premium(size) | 34409 ₹ lakh | 138383 ₹ lakh | Q1 FY26-27 |
| marine hull segment premium(size) | 330 ₹ lakh | 4343 ₹ lakh | Q1 FY26-27 |
| crop insurance segment premium(size) | 2154 ₹ lakh | 1830 ₹ lakh | Q1 FY26-27 |
| incurred claims ratio | 87.5 % | 76.4 % | Q1 FY26-27 |
| engineering incurred claims ratio | 120.9 % | 87.0 % | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 72.00 × | 50.00 × | Q1 FY26-27 |
| govt + approved securities(size) | 39.0 % | 36.0 % | Q1 FY26-27 |
| Direct Business – Others policies(size) | 1186996 count | 756042 count | Q1 FY26-27 |
| engineering combined ratio | 141.9 % | 85.2 % | Q1 FY26-27 |
| liability combined ratio | -70.2 % | 100.4 % | Q1 FY26-27 |
| mutual funds(size) | 568 INR_lakhs | 141183 INR_lakhs | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 6.0 % | 7.6 % | Q1 FY26-27 |
| gross npa (amount) | 15957 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| Common Service Centres (CSC) premium(size) | 537 ₹ lakh | 90 ₹ lakh | Q1 FY26-27 |
| travel segment premium(size) | 2337 ₹ lakh | 8634 ₹ lakh | Q1 FY26-27 |
| fire incurred claims ratio | 95.5 % | 118.0 % | Q1 FY26-27 |
| central govt. securities(size) | 21.0 % | 22.0 % | Q1 FY26-27 |
| liability incurred claims ratio | -72.0 % | 47.0 % | Q1 FY26-27 |
| underwriting balance ratio | -13.0 % | -0.1 % | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 3130 ₹ lakh | 25909 ₹ lakh | Q1 FY26-27 |
| Direct Business – Online policies(size) | 81802 count | 7286 count | Q1 FY26-27 |
| expense ratio to gross premium | 31.8 % | 28.8 % | Q1 FY26-27 |
| aviation combined ratio | 1103.2 % | 58.2 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 39.8 % | 55.0 % | Q1 FY26-27 |
| Direct Business – Others premium(size) | 49626 ₹ lakh | 38027 ₹ lakh | Q1 FY26-27 |
| health segment premium(size) | 196532 ₹ lakh | 297384 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 697055 count | 663511 count | Q1 FY26-27 |
| Common Service Centres (CSC) policies(size) | 11146 count | 5216 count | Q1 FY26-27 |
| marine cargo segment premium(size) | 7067 ₹ lakh | 32076 ₹ lakh | Q1 FY26-27 |
| government securities(size) | 659572 INR_lakhs | 2159709 INR_lakhs | Q1 FY26-27 |
| expense ratio | 23.1 % | 36.2 % | Q1 FY26-27 |
| motor od combined ratio | 220.8 % | 118.1 % | Q1 FY26-27 |
| crop combined ratio | 327.3 % | -359.1 % | Q1 FY26-27 |
| other approved securities(size) | 456090 INR_lakhs | 243176 INR_lakhs | Q1 FY26-27 |
| housing & infrastructure(size) | 29.0 % | 19.0 % | Q1 FY26-27 |
| personal accident segment premium(size) | 19680 ₹ lakh | 16238 ₹ lakh | Q1 FY26-27 |
| workmen's compensation combined ratio | 113.7 % | 107.0 % | Q1 FY26-27 |
| motor OD segment premium(size) | 54367 ₹ lakh | 140228 ₹ lakh | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 82.1 % | 59.0 % | Q1 FY26-27 |
| health combined ratio | 105.5 % | 109.7 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 8180 count | 44394 count | Q1 FY26-27 |
| Web Aggregators policies(size) | 501 count | 11353 count | Q1 FY26-27 |
| marine hull combined ratio | 2317.9 % | 40.9 % | Q1 FY26-27 |
| Individual Agents premium(size) | 96034 ₹ lakh | 98119 ₹ lakh | Q1 FY26-27 |
| net retention ratio(size) | 44.8 % | 74.5 % | Q1 FY26-27 |
| marine cargo incurred claims ratio | 100.0 % | 83.0 % | Q1 FY26-27 |
| liability segment premium(size) | 307 ₹ lakh | 3592 ₹ lakh | Q1 FY26-27 |
| marine cargo combined ratio | 122.0 % | 109.3 % | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 41840 count | 803441 count | Q1 FY26-27 |
| workmen's compensation segment premium(size) | 1455 ₹ lakh | 5639 ₹ lakh | Q1 FY26-27 |
| gross direct premium growth rate(size) | 20.6 % | 7.5 % | Q1 FY26-27 |
| Brokers premium(size) | 188322 ₹ lakh | 478325 ₹ lakh | Q1 FY26-27 |
| profit before tax(size) | 292 ₹ crore | 536 ₹ crore | Q1 FY26-27 |
| Web Aggregators premium(size) | 66 ₹ lakh | 95 ₹ lakh | Q1 FY26-27 |
| engineering segment premium(size) | 10406 ₹ lakh | 33811 ₹ lakh | Q1 FY26-27 |
| infrastructure & housing(size) | 826433 INR_lakhs | 1106060 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 14865 ₹ lakh | 13241 ₹ lakh | Q1 FY26-27 |
| MISP (Direct) premium(size) | 2214 ₹ lakh | 21285 ₹ lakh | Q1 FY26-27 |
| debentures & bonds(size) | 342633 INR_lakhs | 1372814 INR_lakhs | Q1 FY26-27 |
| solvency ratio | 2.18 × | 2.00 × | Q1 FY26-27 |
| other investments(size) | 181546 INR_lakhs | 206438 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 43666 ₹ lakh | 70235 ₹ lakh | Q1 FY26-27 |
| Brokers policies(size) | 1365293 count | 4944886 count | Q1 FY26-27 |
| net commission ratio(size) | -6.3 % | 18.9 % | Q1 FY26-27 |
| gross yield (quarterly) | 1.90 % | 1.89 % | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 8.8 % | 7.4 % | Q1 FY26-27 |
| crop incurred claims ratio | 105.5 % | -335.0 % | Q1 FY26-27 |
| motor od incurred claims ratio | 69.1 % | 68.0 % | Q1 FY26-27 |
| motor tp combined ratio | 135.8 % | 98.3 % | Q1 FY26-27 |
| Direct Business – Online premium(size) | 12834 ₹ lakh | 82086 ₹ lakh | Q1 FY26-27 |
| fire segment premium(size) | 52442 ₹ lakh | 99719 ₹ lakh | Q1 FY26-27 |
| personal accident combined ratio | 16.7 % | 63.2 % | Q1 FY26-27 |
| profit after tax(size) | 220 ₹ crore | 403 ₹ crore | Q1 FY26-27 |
| net worth growth rate(size) | 13.3 % | 0.9 % | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 5266250 count | 920450 count | Q1 FY26-27 |
| aviation segment premium(size) | 455 ₹ lakh | 2806 ₹ lakh | Q1 FY26-27 |
| motor tp incurred claims ratio | 95.0 % | 71.0 % | Q1 FY26-27 |
| fire combined ratio | 19.1 % | 120.5 % | Q1 FY26-27 |
| combined ratio | 110.6 % | 107.2 % | Q1 FY26-27 |
| aviation incurred claims ratio | 101.9 % | 48.0 % | Q1 FY26-27 |
| operating profit ratio | 12.3 % | 3.9 % | Q1 FY26-27 |
| MISP (Direct) policies(size) | 156053 count | 1496026 count | Q1 FY26-27 |
| equity & preference shares(size) | 409656 INR_lakhs | 820242 INR_lakhs | Q1 FY26-27 |
| health incurred claims ratio | 90.8 % | 86.0 % | Q1 FY26-27 |
| other segment premium(size) | 30587 ₹ lakh | 38788 ₹ lakh | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 1236 ₹ lakh | 2274 ₹ lakh | Q1 FY26-27 |
| investment income ratio | 1.9 % | 1.9 % | Q1 FY26-27 |
| npa provision coverage | 100.0 % | 0.0 % | Q1 FY26-27 |
| travel incurred claims ratio | 55.8 % | 56.0 % | Q1 FY26-27 |
| marine hull incurred claims ratio | 80.0 % | 52.0 % | Q1 FY26-27 |
| Individual Agents policies(size) | 379289 count | 666612 count | Q1 FY26-27 |
| gross written premium(size) | 15025 ₹ crore | 28712 ₹ crore | Q4 FY25-26 |
| gross yield (annualized) | 8.20 % | 8.18 % | Q4 FY25-26 |
| debt to equity ratio | 0.28 × | 0.00 × | Q1 FY25-26 / Q1 FY26-27 |
| book value per share(size) | 69.85 ₹ | 340.46 ₹ | Q1 FY25-26 / Q1 FY26-27 |
| required solvency margin(size) | 296136 ₹ lakh | 556784 ₹ lakh | Q1 FY25-26 / Q1 FY26-27 |
| net earning ratio | 12.4 % | 6.8 % | Q1 FY25-26 / Q1 FY26-27 |
| available solvency margin(size) | 611446 ₹ lakh | 1501016 ₹ lakh | Q1 FY25-26 / Q1 FY26-27 |
| claim settlement ratio | 93.5 % | 81.0 % | FY24-25 |
| claims repudiation ratio | 1.59 % | 8.28 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.