HDFC ERGO General Insurance vs National Insurance Company: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | HDFC ERGO General Insurance | National Insurance Company | Period |
|---|---|---|---|
| motor TP segment premium(size) | 34409 ₹ lakh | 91131 ₹ lakh | Q1 FY26-27 |
| gross npa ratio | 0.55 % | 0.75 % | Q1 FY26-27 |
| marine hull segment premium(size) | 330 ₹ lakh | 3347 ₹ lakh | Q1 FY26-27 |
| crop insurance segment premium(size) | 2154 ₹ lakh | 1217 ₹ lakh | Q1 FY26-27 |
| incurred claims ratio | 87.5 % | 98.9 % | Q1 FY26-27 |
| engineering incurred claims ratio | 120.9 % | 48.6 % | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 72.00 × | -92.00 × | Q1 FY26-27 |
| govt + approved securities(size) | 39.0 % | 41.7 % | Q1 FY26-27 |
| engineering combined ratio | 141.9 % | 89.1 % | Q1 FY26-27 |
| liability combined ratio | -70.2 % | 50.7 % | Q1 FY26-27 |
| mutual funds(size) | 568 INR_lakhs | 117077 INR_lakhs | Q1 FY26-27 |
| gross npa (amount) | 15957 INR_lakhs | 21708 INR_lakhs | Q1 FY26-27 |
| Common Service Centres (CSC) premium(size) | 537 ₹ lakh | 0 ₹ lakh | Q1 FY26-27 |
| travel segment premium(size) | 2337 ₹ lakh | 0 ₹ lakh | Q1 FY26-27 |
| fire incurred claims ratio | 95.5 % | 77.0 % | Q1 FY26-27 |
| central govt. securities(size) | 21.0 % | 21.2 % | Q1 FY26-27 |
| liability incurred claims ratio | -72.0 % | 7.3 % | Q1 FY26-27 |
| underwriting balance ratio | -13.0 % | -36.0 % | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 3130 ₹ lakh | 11084 ₹ lakh | Q1 FY26-27 |
| expense ratio to gross premium | 31.8 % | 31.8 % | Q1 FY26-27 |
| aviation combined ratio | 1103.2 % | 94.9 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 39.8 % | 60.1 % | Q1 FY26-27 |
| health segment premium(size) | 196532 ₹ lakh | 149925 ₹ lakh | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 697055 count | 11710 count | Q1 FY26-27 |
| Common Service Centres (CSC) policies(size) | 11146 count | 0 count | Q1 FY26-27 |
| marine cargo segment premium(size) | 7067 ₹ lakh | 5029 ₹ lakh | Q1 FY26-27 |
| government securities(size) | 659572 INR_lakhs | 1219327 INR_lakhs | Q1 FY26-27 |
| expense ratio | 23.1 % | 35.4 % | Q1 FY26-27 |
| motor od combined ratio | 220.8 % | 141.0 % | Q1 FY26-27 |
| crop combined ratio | 327.3 % | 76.4 % | Q1 FY26-27 |
| other approved securities(size) | 456090 INR_lakhs | 929 INR_lakhs | Q1 FY26-27 / Q3 FY25-26 |
| housing & infrastructure(size) | 29.0 % | 16.8 % | Q1 FY26-27 |
| personal accident segment premium(size) | 19680 ₹ lakh | 39683 ₹ lakh | Q1 FY26-27 |
| workmen's compensation combined ratio | 113.7 % | 90.3 % | Q1 FY26-27 |
| motor OD segment premium(size) | 54367 ₹ lakh | 43901 ₹ lakh | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 82.1 % | 44.0 % | Q1 FY26-27 |
| health combined ratio | 105.5 % | 137.6 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 8180 count | 825 count | Q1 FY26-27 |
| Web Aggregators policies(size) | 501 count | 15 count | Q1 FY26-27 |
| marine hull combined ratio | 2317.9 % | 195.6 % | Q1 FY26-27 |
| Individual Agents premium(size) | 96034 ₹ lakh | 149079 ₹ lakh | Q1 FY26-27 |
| net retention ratio(size) | 44.8 % | 85.1 % | Q1 FY26-27 |
| marine cargo incurred claims ratio | 100.0 % | 99.9 % | Q1 FY26-27 |
| liability segment premium(size) | 307 ₹ lakh | 7861 ₹ lakh | Q1 FY26-27 |
| marine cargo combined ratio | 122.0 % | 136.8 % | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 41840 count | 156008 count | Q1 FY26-27 |
| workmen's compensation segment premium(size) | 1455 ₹ lakh | 1526 ₹ lakh | Q1 FY26-27 |
| gross direct premium growth rate(size) | 20.6 % | 7.8 % | Q1 FY26-27 |
| Brokers premium(size) | 188322 ₹ lakh | 172211 ₹ lakh | Q1 FY26-27 |
| profit before tax(size) | 292 ₹ crore | -496 ₹ crore | Q1 FY26-27 |
| Web Aggregators premium(size) | 66 ₹ lakh | 0 ₹ lakh | Q1 FY26-27 |
| engineering segment premium(size) | 10406 ₹ lakh | 13903 ₹ lakh | Q1 FY26-27 |
| infrastructure & housing(size) | 826433 INR_lakhs | 255830 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 14865 ₹ lakh | 943 ₹ lakh | Q1 FY26-27 |
| MISP (Direct) premium(size) | 2214 ₹ lakh | 264 ₹ lakh | Q1 FY26-27 |
| debentures & bonds(size) | 342633 INR_lakhs | 422924 INR_lakhs | Q1 FY26-27 |
| solvency ratio | 2.18 × | -1.22 × | Q1 FY26-27 |
| other investments(size) | 181546 INR_lakhs | 60405 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 43666 ₹ lakh | 1179 ₹ lakh | Q1 FY26-27 |
| Brokers policies(size) | 1365293 count | 1425107 count | Q1 FY26-27 |
| net commission ratio(size) | -6.3 % | 10.7 % | Q1 FY26-27 |
| gross yield (quarterly) | 1.90 % | 10.69 % | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 8.8 % | 913.0 % | Q1 FY26-27 |
| crop incurred claims ratio | 105.5 % | 47.9 % | Q1 FY26-27 |
| motor od incurred claims ratio | 69.1 % | 103.3 % | Q1 FY26-27 |
| motor tp combined ratio | 135.8 % | 165.4 % | Q1 FY26-27 |
| fire segment premium(size) | 52442 ₹ lakh | 47154 ₹ lakh | Q1 FY26-27 |
| personal accident combined ratio | 16.7 % | 86.1 % | Q1 FY26-27 |
| profit after tax(size) | 220 ₹ crore | -496 ₹ crore | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 5266250 count | 4516 count | Q1 FY26-27 |
| aviation segment premium(size) | 455 ₹ lakh | 2043 ₹ lakh | Q1 FY26-27 |
| motor tp incurred claims ratio | 95.0 % | 124.7 % | Q1 FY26-27 |
| fire combined ratio | 19.1 % | 117.0 % | Q1 FY26-27 |
| combined ratio | 110.6 % | 134.4 % | Q1 FY26-27 |
| aviation incurred claims ratio | 101.9 % | 63.1 % | Q1 FY26-27 |
| operating profit ratio | 12.3 % | -12.8 % | Q1 FY26-27 |
| MISP (Direct) policies(size) | 156053 count | 1896 count | Q1 FY26-27 |
| equity & preference shares(size) | 409656 INR_lakhs | 1314528 INR_lakhs | Q1 FY26-27 |
| health incurred claims ratio | 90.8 % | 105.3 % | Q1 FY26-27 |
| other segment premium(size) | 30587 ₹ lakh | 14971 ₹ lakh | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 1236 ₹ lakh | 231 ₹ lakh | Q1 FY26-27 |
| investment income ratio | 1.9 % | 9.8 % | Q1 FY26-27 |
| npa provision coverage | 100.0 % | 100.0 % | Q1 FY26-27 |
| marine hull incurred claims ratio | 80.0 % | 151.1 % | Q1 FY26-27 |
| Individual Agents policies(size) | 379289 count | 1329274 count | Q1 FY26-27 |
| gross written premium(size) | 15025 ₹ crore | 16833 ₹ crore | Q4 FY25-26 / FY25-03 |
| gross yield (annualized) | 8.20 % | 11.98 % | Q4 FY25-26 |
| debt to equity ratio | 0.28 × | -0.20 × | Q1 FY25-26 / Q1 FY26-27 |
| gross NPA ratio | 0.59 % | 0.75 % | Q1 FY25-26 / Q1 FY26-27 |
| book value per share(size) | 69.85 ₹ | -4.87 ₹ | Q1 FY25-26 / Q1 FY26-27 |
| earnings per share(size) | 2.86 ₹ | -0.53 ₹ | Q1 FY25-26 / Q1 FY26-27 |
| required solvency margin(size) | 296136 ₹ lakh | 456132 ₹ lakh | Q1 FY25-26 / Q1 FY26-27 |
| net earning ratio | 12.4 % | -13.5 % | Q1 FY25-26 / Q1 FY26-27 |
| available solvency margin(size) | 611446 ₹ lakh | -557749 ₹ lakh | Q1 FY25-26 / Q1 FY26-27 |
| claim settlement ratio | 93.5 % | 52.7 % | FY24-25 / Q1 FY26-27 |
| claims repudiation ratio | 1.59 % | 4.68 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.