Indian Insurance Data — Q1 FY2024-25
In Q1 FY2024-25, 34 insurers reported solvency ratio data.30 met the IRDAI minimum of 1.5×. 4 were below the minimum.
Solvency Ratio — Q1 FY2024-25
General
| # | Insurer | Solvency |
|---|---|---|
| 1 | ECGC | 47.39× |
| 2 | Zurich Kotak General Insurance | 7.39× |
| 3 | Navi General Insurance | 4.06× |
| 4 | Shriram General Insurance | 3.87× |
| 5 | Agriculture Insurance Company of India | 3.43× |
| 6 | Bajaj Allianz General Insurance | 3.11× |
| 7 | Acko General Insurance | 2.80× |
| 8 | ICICI Lombard General Insurance | 2.56× |
| 9 | Royal Sundaram General Insurance | 2.38× |
| 10 | SBI General Insurance | 2.21× |
| 11 | Tata AIG General Insurance | 2.20× |
| 12 | Digit General Insurance | 2.17× |
| 13 | Generali Central Insurance (formerly Future Generali) | 2.12× |
| 14 | Raheja QBE General Insurance | 1.96× |
| 15 | Chola MS General Insurance | 1.92× |
| 16 | New India Assurance | 1.83× |
| 17 | Magma General Insurance | 1.81× |
| 18 | IFFCO Tokio General Insurance | 1.81× |
| 19 | Universal Sompo General Insurance | 1.73× |
| 20 | Zuno General Insurance | 1.69× |
| 21 | Kshema General Insurance | 1.68× |
| 22 | Liberty General Insurance | 1.63× |
| 23 | Reliance General Insurance | 1.60× |
| 24 | HDFC ERGO General Insurance | 1.56× |
| 25 | National Insurance Company | -0.46×below min |
| 26 | United India Insurance | -0.73×below min |
| 27 | Oriental Insurance Company | -1.03×below min |
Standalone Health
| # | Insurer | Solvency |
|---|---|---|
| 1 | Niva Bupa Health Insurance | 2.39× |
| 2 | Star Health Insurance | 2.29× |
| 3 | Narayana Health Insurance | 1.89× |
| 4 | ManipalCigna Health Insurance | 1.74× |
| 5 | Aditya Birla Health Insurance | 1.72× |
| 6 | Care Health Insurance | 1.64× |
| 7 | Galaxy Health Insurance | 0.00×below min |