Magma General Insurance vs Universal Sompo General Insurance: IRDAI Data Comparison
General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison
| Metric | Magma General Insurance | Universal Sompo General Insurance | Period |
|---|---|---|---|
| Corporate Agents – Others premium(size) | 3032 ₹ lakh | 2597 ₹ lakh | Q1 FY26-27 |
| Brokers policies(size) | 228977 count | 853611 count | Q1 FY26-27 |
| mutual funds(size) | 13827 INR_lakhs | 207 INR_lakhs | Q1 FY26-27 / Q2 FY25-26 |
| fire incurred claims ratio | 16.1 % | -241.8 % | Q1 FY26-27 |
| personal accident combined ratio | 108.0 % | 89.3 % | Q1 FY26-27 |
| profit before tax(size) | 2 ₹ crore | 55 ₹ crore | Q1 FY26-27 |
| Direct Business – Others policies(size) | 291 count | 1494 count | Q1 FY26-27 |
| motor TP segment premium(size) | 31080 ₹ lakh | 61853 ₹ lakh | Q1 FY26-27 |
| gross direct premium to net worth ratio(size) | 70.00 × | 93.00 × | Q1 FY26-27 |
| personal accident incurred claims ratio | 79.1 % | 74.3 % | Q1 FY26-27 |
| incurred claims ratio | 84.3 % | 80.3 % | Q1 FY26-27 |
| housing & infrastructure(size) | 33.4 % | 29.0 % | Q1 FY26-27 |
| liability combined ratio | -23.8 % | 26.4 % | Q1 FY26-27 |
| engineering incurred claims ratio | 30.5 % | 26.0 % | Q1 FY26-27 |
| liability segment premium(size) | 14 ₹ lakh | 867 ₹ lakh | Q1 FY26-27 |
| other investments(size) | 13971 INR_lakhs | 21552 INR_lakhs | Q1 FY26-27 |
| net worth growth rate(size) | 1.3 % | 12.0 % | Q1 FY26-27 |
| motor tp incurred claims ratio | 78.7 % | 65.8 % | Q1 FY26-27 |
| Corporate Agents – Others policies(size) | 7141 count | 22034 count | Q1 FY26-27 |
| infrastructure & housing(size) | 278313 INR_lakhs | 197661 INR_lakhs | Q1 FY26-27 |
| Brokers premium(size) | 70775 ₹ lakh | 108870 ₹ lakh | Q1 FY26-27 |
| expense ratio | 34.1 % | 24.0 % | Q1 FY26-27 |
| Insurance Marketing Firm policies(size) | 392 count | 4758 count | Q1 FY26-27 |
| investment income ratio | 1.8 % | 1.8 % | Q1 FY26-27 |
| fire combined ratio | 79.3 % | -286.4 % | Q1 FY26-27 |
| Direct Business – Others premium(size) | 1592 ₹ lakh | 22576 ₹ lakh | Q1 FY26-27 |
| health segment premium(size) | 29598 ₹ lakh | 34439 ₹ lakh | Q1 FY26-27 |
| underwriting balance ratio | -17.0 % | -8.0 % | Q1 FY26-27 |
| workmen's compensation incurred claims ratio | 83.3 % | 68.5 % | Q1 FY26-27 |
| central govt. securities(size) | 22.0 % | 25.0 % | Q1 FY26-27 |
| health incurred claims ratio | 88.9 % | 71.0 % | Q1 FY26-27 |
| profit after tax(size) | 2 ₹ crore | 41 ₹ crore | Q1 FY26-27 |
| workmen's compensation segment premium(size) | 346 ₹ lakh | 87 ₹ lakh | Q1 FY26-27 |
| operating profit ratio | -1.5 % | 4.6 % | Q1 FY26-27 |
| engineering segment premium(size) | 610 ₹ lakh | 664 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) policies(size) | 25128 count | 146450 count | Q1 FY26-27 |
| net commission ratio(size) | 20.9 % | 10.4 % | Q1 FY26-27 |
| marine cargo segment premium(size) | 1354 ₹ lakh | 2242 ₹ lakh | Q1 FY26-27 |
| motor od combined ratio | 152.6 % | 149.2 % | Q1 FY26-27 |
| marine cargo combined ratio | 236.6 % | 143.2 % | Q1 FY26-27 |
| motor tp combined ratio | 115.6 % | 77.5 % | Q1 FY26-27 |
| technical reserves to premium ratio(size) | 8.5 % | 4.2 % | Q1 FY26-27 |
| Web Aggregators premium(size) | 3 ₹ lakh | 919 ₹ lakh | Q1 FY26-27 |
| Individual Agents premium(size) | 4814 ₹ lakh | 7540 ₹ lakh | Q1 FY26-27 |
| Point of Sales Person (Direct) premium(size) | 6115 ₹ lakh | 20072 ₹ lakh | Q1 FY26-27 |
| debentures & bonds(size) | 205814 INR_lakhs | 167084 INR_lakhs | Q1 FY26-27 |
| combined ratio | 118.5 % | 104.3 % | Q1 FY26-27 |
| government securities(size) | 321912 INR_lakhs | 263751 INR_lakhs | Q1 FY26-27 |
| net retention ratio(size) | 82.1 % | 52.1 % | Q1 FY26-27 |
| Corporate Agents – Banks premium(size) | 162 ₹ lakh | 11348 ₹ lakh | Q1 FY26-27 |
| motor OD segment premium(size) | 11489 ₹ lakh | 44195 ₹ lakh | Q1 FY26-27 |
| Web Aggregators policies(size) | 16 count | 760 count | Q1 FY26-27 |
| solvency ratio | 1.84 × | 1.97 × | Q1 FY26-27 / Q4 FY24-25 |
| gross direct premium growth rate(size) | -3.2 % | 33.5 % | Q1 FY26-27 |
| govt + approved securities(size) | 38.6 % | 37.0 % | Q1 FY26-27 |
| net yield (quarterly) | 1.81 % | 5.36 % | Q1 FY26-27 |
| marine cargo incurred claims ratio | 199.3 % | 113.6 % | Q1 FY26-27 |
| fire segment premium(size) | 7765 ₹ lakh | 9563 ₹ lakh | Q1 FY26-27 |
| motor od incurred claims ratio | 107.1 % | 102.0 % | Q1 FY26-27 |
| gross yield (quarterly) | 1.81 % | 7.16 % | Q1 FY26-27 |
| personal accident segment premium(size) | 1247 ₹ lakh | 6636 ₹ lakh | Q1 FY26-27 |
| liability incurred claims ratio | -66.7 % | -2.9 % | Q1 FY26-27 |
| expense ratio to gross premium | 32.7 % | 28.7 % | Q1 FY26-27 |
| claims paid to provisioned ratio(size) | 12.9 % | 20.1 % | Q1 FY26-27 |
| engineering combined ratio | 132.5 % | 73.3 % | Q1 FY26-27 |
| health combined ratio | 114.7 % | 87.1 % | Q1 FY26-27 |
| workmen's compensation combined ratio | 120.5 % | 96.4 % | Q1 FY26-27 |
| Individual Agents policies(size) | 21729 count | 46866 count | Q1 FY26-27 |
| Insurance Marketing Firm premium(size) | 73 ₹ lakh | 507 ₹ lakh | Q1 FY26-27 |
| book value per share(size) | 42.02 ₹ | 50.20 ₹ | Q4 FY25-26 |
| Corporate Agents – Banks policies(size) | 2 count | 129053 count | Q4 FY25-26 / Q1 FY26-27 |
| net earning ratio | 0.9 % | 5.8 % | Q4 FY25-26 |
| net yield (annualized) | 7.81 % | 6.00 % | Q4 FY25-26 |
| gross yield (annualized) | 7.81 % | 8.00 % | Q4 FY25-26 |
| gross written premium(size) | 3334 ₹ crore | 5078 ₹ crore | FY24-25 / FY25-03 |
| claims repudiation ratio | 3.91 % | 1.76 % | FY24-25 |
| claim settlement ratio | 79.7 % | 91.3 % | FY24-25 |
Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.