IFFCO Tokio General Insurance vs Magma General Insurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | IFFCO Tokio General Insurance | Magma General Insurance | Period |
|---|---|---|---|
| net commission ratio(size) | 17.6 % | 20.9 % | Q1 FY26-27 |
| engineering incurred claims ratio | 39.5 % | 30.5 % | Q1 FY26-27 |
| Corporate Agents – Others premium(size) | 1666 ₹ lakh | 3032 ₹ lakh | Q1 FY26-27 |
| housing & infrastructure(size) | 21.0 % | 33.4 % | Q1 FY26-27 |
| marine cargo segment premium(size) | 13828 ₹ lakh | 1354 ₹ lakh | Q1 FY26-27 |
| govt + approved securities(size) | 51.0 % | 38.6 % | Q1 FY26-27 |
| solvency ratio | 1.97 × | 1.84 × | Q1 FY26-27 |
| motor tp combined ratio | 121.6 % | 115.6 % | Q1 FY26-27 |
| liability incurred claims ratio | 86.6 % | -66.7 % | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 51.00 × | 70.00 × | Q1 FY26-27 |
| profit before tax(size) | 21 ₹ crore | 2 ₹ crore | Q1 FY26-27 |
| debentures & bonds(size) | 318167 INR_lakhs | 205814 INR_lakhs | Q1 FY26-27 |
| motor TP segment premium(size) | 58853 ₹ lakh | 31080 ₹ lakh | Q1 FY26-27 |
| fire combined ratio | 74.5 % | 79.3 % | Q1 FY26-27 |
| central govt. securities(size) | 30.0 % | 22.0 % | Q1 FY26-27 |
| personal accident incurred claims ratio | 82.3 % | 79.1 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 1633 ₹ lakh | 162 ₹ lakh | Q1 FY26-27 |
| Web Aggregators policies(size) | -1 count | 16 count | Q1 FY26-27 |
| Individual Agents policies(size) | 403281 count | 21729 count | Q1 FY26-27 |
| motor od incurred claims ratio | 71.7 % | 107.1 % | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 84.7 % | 83.3 % | Q1 FY26-27 |
| MISP (Direct) premium(size) | 4332 ₹ lakh | 207 ₹ lakh | Q1 FY26-27 |
| gross yield (quarterly) | 1.77 % | 1.81 % | Q1 FY26-27 |
| health segment premium(size) | 25599 ₹ lakh | 29598 ₹ lakh | Q1 FY26-27 |
| mutual funds(size) | 20724 INR_lakhs | 13827 INR_lakhs | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 352 ₹ lakh | 73 ₹ lakh | Q1 FY26-27 |
| motor OD segment premium(size) | 59663 ₹ lakh | 11489 ₹ lakh | Q1 FY26-27 |
| incurred claims ratio | 86.8 % | 84.3 % | Q1 FY26-27 |
| liability segment premium(size) | 2326 ₹ lakh | 14 ₹ lakh | Q1 FY26-27 |
| health combined ratio | 121.6 % | 114.7 % | Q1 FY26-27 |
| MISP (Direct) policies(size) | 355111 count | 780 count | Q1 FY26-27 |
| motor tp incurred claims ratio | 98.5 % | 78.7 % | Q1 FY26-27 |
| Brokers premium(size) | 128946 ₹ lakh | 70775 ₹ lakh | Q1 FY26-27 |
| motor od combined ratio | 130.3 % | 152.6 % | Q1 FY26-27 |
| operating profit ratio | -2.6 % | -1.5 % | Q1 FY26-27 |
| expense ratio to gross premium | 29.2 % | 32.7 % | Q1 FY26-27 |
| fire incurred claims ratio | 82.5 % | 16.1 % | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 6.9 % | 12.9 % | Q1 FY26-27 |
| combined ratio | 121.2 % | 118.5 % | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 17618 ₹ lakh | 6115 ₹ lakh | Q1 FY26-27 |
| gross written premium(size) | 2230 ₹ crore | 3334 ₹ crore | Q1 FY26-27 / FY24-25 |
| net worth growth rate(size) | 3.0 % | 1.3 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 2593 count | 392 count | Q1 FY26-27 |
| marine cargo incurred claims ratio | 87.1 % | 199.3 % | Q1 FY26-27 |
| Individual Agents premium(size) | 42681 ₹ lakh | 4814 ₹ lakh | Q1 FY26-27 |
| other investments(size) | 176186 INR_lakhs | 13971 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Banks policies(size) | 66514 count | 2 count | Q1 FY26-27 / Q4 FY25-26 |
| underwriting balance ratio | -20.7 % | -17.0 % | Q1 FY26-27 |
| Web Aggregators premium(size) | 0 ₹ lakh | 3 ₹ lakh | Q1 FY26-27 |
| required solvency margin(size) | 179508 ₹ lakh | 89547 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 188926 count | 25128 count | Q1 FY26-27 |
| net yield (quarterly) | 1.32 % | 1.81 % | Q1 FY26-27 |
| fire segment premium(size) | 28287 ₹ lakh | 7765 ₹ lakh | Q1 FY26-27 |
| gross direct premium growth rate(size) | 10.2 % | -3.2 % | Q1 FY26-27 |
| engineering segment premium(size) | 10440 ₹ lakh | 610 ₹ lakh | Q1 FY26-27 |
| marine cargo combined ratio | 111.4 % | 236.6 % | Q1 FY26-27 |
| health incurred claims ratio | 97.5 % | 88.9 % | Q1 FY26-27 |
| infrastructure & housing(size) | 397223 INR_lakhs | 278313 INR_lakhs | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 36040 count | 7141 count | Q1 FY26-27 |
| workmen's compensation segment premium(size) | 2001 ₹ lakh | 346 ₹ lakh | Q1 FY26-27 |
| profit after tax(size) | 16 ₹ crore | 2 ₹ crore | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 9.1 % | 8.5 % | Q1 FY26-27 |
| net retention ratio(size) | 64.7 % | 82.1 % | Q1 FY26-27 |
| government securities(size) | 933317 INR_lakhs | 321912 INR_lakhs | Q1 FY26-27 |
| workmen's compensation combined ratio | 123.7 % | 120.5 % | Q1 FY26-27 |
| engineering combined ratio | 112.1 % | 132.5 % | Q1 FY26-27 |
| expense ratio | 34.4 % | 34.1 % | Q1 FY26-27 |
| personal accident segment premium(size) | 2475 ₹ lakh | 1247 ₹ lakh | Q1 FY26-27 |
| liability combined ratio | 121.0 % | -23.8 % | Q1 FY26-27 |
| personal accident combined ratio | 109.9 % | 108.0 % | Q1 FY26-27 |
| investment income ratio | 1.8 % | 1.8 % | Q1 FY26-27 |
| Brokers policies(size) | 848698 count | 228977 count | Q1 FY26-27 |
| available solvency margin(size) | 353288 ₹ lakh | 164486 ₹ lakh | Q1 FY26-27 |
| gross yield (annualized) | 7.23 % | 7.81 % | Q4 FY25-26 |
| net yield (annualized) | 5.41 % | 7.81 % | Q4 FY25-26 |
| gross npa (amount) | 0 INR_lakhs | 0 INR_lakhs | Q3 FY25-26 / Q1 FY26-27 |
| npa provision coverage | 0.0 % | 0.0 % | Q3 FY25-26 / Q1 FY26-27 |
| claims repudiation ratio | 3.06 % | 3.91 % | FY24-25 |
| claim settlement ratio | 82.0 % | 79.7 % | FY24-25 |
| net earning ratio | 2.5 % | 0.9 % | Q2 FY24-25 / Q4 FY25-26 |
| book value per share(size) | 140.31 ₹ | 42.02 ₹ | Q3 FY23-24 / Q4 FY25-26 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.