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New India Assurance vs SBI General Insurance: IRDAI Data Comparison

General insurer comparison · Source: IRDAI public disclosures ·How to read this comparison

MetricNew India AssuranceSBI General InsurancePeriod
Individual Agents policies(size)4531576 count54927 countQ1 FY26-27
personal accident combined ratio134.6 %57.4 %Q1 FY26-27
Common Service Centres (CSC) premium(size)34 ₹ lakh828 ₹ lakhQ1 FY26-27
real estate & subsidiaries(size)15552 INR_lakhs34231 INR_lakhsQ1 FY26-27
health segment premium(size)661654 ₹ lakh126312 ₹ lakhQ1 FY26-27
npa provision coverage100.0 %0.0 %Q1 FY26-27
engineering segment premium(size)33615 ₹ lakh9363 ₹ lakhQ1 FY26-27
crop combined ratio8158.4 %722.8 %Q1 FY26-27
debentures & bonds(size)111686 INR_lakhs527301 INR_lakhsQ1 FY26-27
MISP (Direct) premium(size)94638 ₹ lakh0 ₹ lakhQ1 FY26-27
Web Aggregators premium(size)0 ₹ lakh9 ₹ lakhQ1 FY26-27
aviation incurred claims ratio70.8 %100.0 %Q1 FY26-27
health combined ratio128.1 %111.6 %Q1 FY26-27
other investments(size)75637 INR_lakhs90428 INR_lakhsQ1 FY26-27
net earning ratio-2.3 %0.9 %Q1 FY26-27 / Q4 FY25-26
Corporate Agents – Others premium(size)3499 ₹ lakh2765 ₹ lakhQ1 FY26-27
book value per share(size)141.95 ₹231.56 ₹Q1 FY26-27 / Q4 FY25-26
Referral Arrangements policies(size)0 count0 countQ1 FY26-27
Other premium(size)2882 ₹ lakh0 ₹ lakhQ1 FY26-27
engineering combined ratio109.6 %84.6 %Q1 FY26-27
Individual Agents premium(size)261231 ₹ lakh10951 ₹ lakhQ1 FY26-27
marine cargo combined ratio120.2 %196.8 %Q1 FY26-27
marine cargo incurred claims ratio104.4 %175.2 %Q1 FY26-27
motor TP segment premium(size)155831 ₹ lakh62025 ₹ lakhQ1 FY26-27
crop incurred claims ratio8152.5 %-21.7 %Q1 FY26-27
net retention ratio(size)81.8 %68.3 %Q1 FY26-27
underwriting balance ratio-0.2 %-10.0 %Q1 FY26-27
solvency ratio1.80 ×2.00 ×Q1 FY26-27
net worth growth rate(size)5.0 %3.2 %Q1 FY26-27
crop insurance segment premium(size)0 ₹ lakh799 ₹ lakhQ1 FY26-27
workmen's compensation combined ratio51.9 %101.6 %Q1 FY26-27
Brokers premium(size)489456 ₹ lakh208297 ₹ lakhQ1 FY26-27
Insurance Marketing Firm policies(size)8829 count1640 countQ1 FY26-27
Common Service Centres (CSC) policies(size)3037 count32151 countQ1 FY26-27
govt + approved securities(size)47.9 %37.0 %Q1 FY26-27
motor od combined ratio141.1 %149.6 %Q1 FY26-27
operating profit ratio-8.3 %5.5 %Q1 FY26-27
infrastructure & housing(size)1593081 INR_lakhs682117 INR_lakhsQ1 FY26-27
liability combined ratio31.0 %112.2 %Q1 FY26-27
investment income ratio2.1 %2.2 %Q1 FY26-27
Brokers policies(size)742805 count1303324 countQ1 FY26-27
motor tp combined ratio132.4 %146.8 %Q1 FY26-27
Point of Sales Person (Direct) premium(size)2703 ₹ lakh10883 ₹ lakhQ1 FY26-27
aviation combined ratio77.5 %100.0 %Q1 FY26-27
aviation segment premium(size)13506 ₹ lakh0 ₹ lakhQ1 FY26-27 / Q4 FY25-26
gross direct premium to net worth ratio(size)0.57 ×66.00 ×Q1 FY26-27
earnings per share(size)-1.56 ₹1.36 ₹Q1 FY26-27 / Q4 FY25-26
Corporate Agents – Others policies(size)32892 count19211 countQ1 FY26-27
incurred claims ratio103.4 %79.2 %Q1 FY26-27
expense ratio18.1 %32.3 %Q1 FY26-27
marine hull incurred claims ratio46.1 %0.0 %Q1 FY26-27 / Q4 FY25-26
fire incurred claims ratio31.7 %75.2 %Q1 FY26-27
profit after tax(size)-257 ₹ crore166 ₹ croreQ1 FY26-27
central govt. securities(size)26.6 %22.4 %Q1 FY26-27
liability segment premium(size)7176 ₹ lakh4029 ₹ lakhQ1 FY26-27
gross npa ratio0.00 %0.00 %Q1 FY26-27
Corporate Agents – Banks policies(size)102238 count624380 countQ1 FY26-27
equity & preference shares(size)2673706 INR_lakhs239219 INR_lakhsQ1 FY26-27
workmen's compensation incurred claims ratio34.6 %64.7 %Q1 FY26-27
MISP (Direct) policies(size)1668014 count0 countQ1 FY26-27
combined ratio121.4 %111.5 %Q1 FY26-27
gross yield (quarterly)10.87 %2.03 %Q1 FY26-27
mutual funds(size)130140 INR_lakhs55605 INR_lakhsQ1 FY26-27 / Q3 FY25-26
personal accident segment premium(size)20196 ₹ lakh44161 ₹ lakhQ1 FY26-27
Web Aggregators policies(size)8 count56 countQ1 FY26-27
motor od incurred claims ratio119.1 %83.9 %Q1 FY26-27
Micro Agents premium(size)0 ₹ lakh0 ₹ lakhQ1 FY26-27
net yield (quarterly)7.07 %1.52 %Q1 FY26-27
Referral Arrangements premium(size)0 ₹ lakh0 ₹ lakhQ1 FY26-27
government securities(size)3483904 INR_lakhs924625 INR_lakhsQ1 FY26-27
fire segment premium(size)173566 ₹ lakh37470 ₹ lakhQ1 FY26-27
engineering incurred claims ratio98.0 %80.1 %Q1 FY26-27
workmen's compensation segment premium(size)6132 ₹ lakh314 ₹ lakhQ1 FY26-27
net commission ratio(size)8.4 %15.6 %Q1 FY26-27
gross npa (amount)14604 INR_lakhs0 INR_lakhsQ1 FY26-27
marine cargo segment premium(size)28454 ₹ lakh4005 ₹ lakhQ1 FY26-27
marine hull combined ratio50.0 %0.0 %Q1 FY26-27 / Q4 FY25-26
expense ratio to gross premium16.8 %28.6 %Q1 FY26-27
fire combined ratio48.9 %276.7 %Q1 FY26-27
Insurance Marketing Firm premium(size)1627 ₹ lakh337 ₹ lakhQ1 FY26-27
Point of Sales Person (Direct) policies(size)79740 count95763 countQ1 FY26-27
health incurred claims ratio107.7 %88.2 %Q1 FY26-27
technical reserves to premium ratio(size)5.3 %6.7 %Q1 FY26-27
gross written premium(size)12464 ₹ crore13890 ₹ croreQ1 FY26-27 / FY25-03
Micro Agents policies(size)0 count0 countQ1 FY26-27
motor tp incurred claims ratio122.2 %88.2 %Q1 FY26-27
personal accident incurred claims ratio127.3 %42.9 %Q1 FY26-27
Other policies(size)26124 count0 countQ1 FY26-27
Corporate Agents – Banks premium(size)6709 ₹ lakh85651 ₹ lakhQ1 FY26-27
motor OD segment premium(size)143180 ₹ lakh56299 ₹ lakhQ1 FY26-27
housing & infrastructure(size)23.6 %27.2 %Q1 FY26-27
gross direct premium growth rate(size)2.8 %10.8 %Q1 FY26-27
profit before tax(size)-191 ₹ crore222 ₹ croreQ1 FY26-27
liability incurred claims ratio10.2 %89.7 %Q1 FY26-27
gross yield (annualized)15.37 %8.04 %Q4 FY25-26 / FY25-26
net yield (annualized)10.00 %6.02 %Q4 FY25-26 / FY25-26
claim settlement ratio95.3 %77.7 %FY24-25 / Q4 FY25-26
claims repudiation ratio1.51 %1.40 %FY24-25

Values shown as reported. This platform does not rate or rank insurers. Source: IRDAI public disclosures.

Individual profiles

New India Assurance
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SBI General Insurance
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