ICICI Lombard General Insurance vs Magma General Insurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | ICICI Lombard General Insurance | Magma General Insurance | Period |
|---|---|---|---|
| solvency ratio | 2.00 × | 1.84 × | Q1 FY26-27 |
| Direct Business – Online premium(size) | 82086 ₹ lakh | 4 ₹ lakh | Q1 FY26-27 |
| fire segment premium(size) | 99719 ₹ lakh | 7765 ₹ lakh | Q1 FY26-27 |
| investment income ratio | 1.9 % | 1.8 % | Q1 FY26-27 |
| debentures & bonds(size) | 1372814 INR_lakhs | 205814 INR_lakhs | Q1 FY26-27 |
| motor TP segment premium(size) | 138383 ₹ lakh | 31080 ₹ lakh | Q1 FY26-27 |
| engineering segment premium(size) | 33811 ₹ lakh | 610 ₹ lakh | Q1 FY26-27 |
| health incurred claims ratio | 86.0 % | 88.9 % | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 7.6 % | 12.9 % | Q1 FY26-27 |
| Direct Business – Others premium(size) | 38027 ₹ lakh | 1592 ₹ lakh | Q1 FY26-27 |
| personal accident incurred claims ratio | 55.0 % | 79.1 % | Q1 FY26-27 |
| personal accident segment premium(size) | 16238 ₹ lakh | 1247 ₹ lakh | Q1 FY26-27 |
| marine cargo combined ratio | 109.3 % | 236.6 % | Q1 FY26-27 |
| underwriting balance ratio | -0.1 % | -17.0 % | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 920450 count | 2 count | Q1 FY26-27 / Q4 FY25-26 |
| marine cargo incurred claims ratio | 83.0 % | 199.3 % | Q1 FY26-27 |
| fire combined ratio | 120.5 % | 79.3 % | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 803441 count | 25128 count | Q1 FY26-27 |
| available solvency margin(size) | 1501016 ₹ lakh | 164486 ₹ lakh | Q1 FY26-27 |
| govt + approved securities(size) | 36.0 % | 38.6 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 44394 count | 392 count | Q1 FY26-27 |
| operating profit ratio | 3.9 % | -1.5 % | Q1 FY26-27 |
| mutual funds(size) | 141183 INR_lakhs | 13827 INR_lakhs | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 59.0 % | 83.3 % | Q1 FY26-27 |
| net retention ratio(size) | 74.5 % | 82.1 % | Q1 FY26-27 |
| fire incurred claims ratio | 118.0 % | 16.1 % | Q1 FY26-27 |
| npa provision coverage | 0.0 % | 0.0 % | Q1 FY26-27 |
| book value per share(size) | 340.46 ₹ | 42.02 ₹ | Q1 FY26-27 / Q4 FY25-26 |
| required solvency margin(size) | 556784 ₹ lakh | 89547 ₹ lakh | Q1 FY26-27 |
| motor OD segment premium(size) | 140228 ₹ lakh | 11489 ₹ lakh | Q1 FY26-27 |
| Direct Business – Others policies(size) | 756042 count | 291 count | Q1 FY26-27 |
| housing & infrastructure(size) | 19.0 % | 33.4 % | Q1 FY26-27 |
| profit after tax(size) | 403 ₹ crore | 2 ₹ crore | Q1 FY26-27 |
| gross npa (amount) | 0 INR_lakhs | 0 INR_lakhs | Q1 FY26-27 |
| net commission ratio(size) | 18.9 % | 20.9 % | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 2274 ₹ lakh | 73 ₹ lakh | Q1 FY26-27 |
| marine cargo segment premium(size) | 32076 ₹ lakh | 1354 ₹ lakh | Q1 FY26-27 |
| health combined ratio | 109.7 % | 114.7 % | Q1 FY26-27 |
| health segment premium(size) | 297384 ₹ lakh | 29598 ₹ lakh | Q1 FY26-27 |
| gross direct premium growth rate(size) | 7.5 % | -3.2 % | Q1 FY26-27 |
| Individual Agents policies(size) | 666612 count | 21729 count | Q1 FY26-27 |
| liability combined ratio | 100.4 % | -23.8 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 70235 ₹ lakh | 162 ₹ lakh | Q1 FY26-27 |
| Brokers premium(size) | 478325 ₹ lakh | 70775 ₹ lakh | Q1 FY26-27 |
| Individual Agents premium(size) | 98119 ₹ lakh | 4814 ₹ lakh | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 7.4 % | 8.5 % | Q1 FY26-27 |
| engineering incurred claims ratio | 87.0 % | 30.5 % | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 13241 ₹ lakh | 3032 ₹ lakh | Q1 FY26-27 |
| incurred claims ratio | 76.4 % | 84.3 % | Q1 FY26-27 |
| combined ratio | 107.2 % | 118.5 % | Q1 FY26-27 |
| motor tp incurred claims ratio | 71.0 % | 78.7 % | Q1 FY26-27 |
| gross yield (quarterly) | 1.89 % | 1.81 % | Q1 FY26-27 |
| workmen's compensation segment premium(size) | 5639 ₹ lakh | 346 ₹ lakh | Q1 FY26-27 |
| government securities(size) | 2159709 INR_lakhs | 321912 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 663511 count | 7141 count | Q1 FY26-27 |
| infrastructure & housing(size) | 1106060 INR_lakhs | 278313 INR_lakhs | Q1 FY26-27 |
| profit before tax(size) | 536 ₹ crore | 2 ₹ crore | Q1 FY26-27 |
| personal accident combined ratio | 63.2 % | 108.0 % | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 25909 ₹ lakh | 6115 ₹ lakh | Q1 FY26-27 |
| MISP (Direct) policies(size) | 1496026 count | 780 count | Q1 FY26-27 |
| engineering combined ratio | 85.2 % | 132.5 % | Q1 FY26-27 |
| liability segment premium(size) | 3592 ₹ lakh | 14 ₹ lakh | Q1 FY26-27 |
| motor tp combined ratio | 98.3 % | 115.6 % | Q1 FY26-27 |
| motor od combined ratio | 118.1 % | 152.6 % | Q1 FY26-27 |
| expense ratio to gross premium | 28.8 % | 32.7 % | Q1 FY26-27 |
| Web Aggregators premium(size) | 95 ₹ lakh | 3 ₹ lakh | Q1 FY26-27 |
| net earning ratio | 6.8 % | 0.9 % | Q1 FY26-27 / Q4 FY25-26 |
| net worth growth rate(size) | 0.9 % | 1.3 % | Q1 FY26-27 |
| liability incurred claims ratio | 47.0 % | -66.7 % | Q1 FY26-27 |
| central govt. securities(size) | 22.0 % | 22.0 % | Q1 FY26-27 |
| workmen's compensation combined ratio | 107.0 % | 120.5 % | Q1 FY26-27 |
| Brokers policies(size) | 4944886 count | 228977 count | Q1 FY26-27 |
| Direct Business – Online policies(size) | 7286 count | 36 count | Q1 FY26-27 |
| MISP (Direct) premium(size) | 21285 ₹ lakh | 207 ₹ lakh | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 50.00 × | 70.00 × | Q1 FY26-27 |
| expense ratio | 36.2 % | 34.1 % | Q1 FY26-27 |
| Web Aggregators policies(size) | 11353 count | 16 count | Q1 FY26-27 |
| other investments(size) | 206438 INR_lakhs | 13971 INR_lakhs | Q1 FY26-27 |
| motor od incurred claims ratio | 68.0 % | 107.1 % | Q1 FY26-27 |
| net yield (quarterly) | 1.28 % | 1.81 % | Q1 FY26-27 |
| gross yield (annualized) | 8.18 % | 7.81 % | Q4 FY25-26 |
| gross written premium(size) | 28712 ₹ crore | 3334 ₹ crore | Q4 FY25-26 / FY24-25 |
| net yield (annualized) | 5.52 % | 7.81 % | Q4 FY25-26 |
| claim settlement ratio | 81.0 % | 79.7 % | FY24-25 |
| claims repudiation ratio | 8.28 % | 3.91 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.