Indian Insurance Data — Q2 FY2024-25
In Q2 FY2024-25, 34 insurers reported solvency ratio data.30 met the IRDAI minimum of 1.5×. 4 were below the minimum.
Solvency Ratio — Q2 FY2024-25
General
| # | Insurer | Solvency |
|---|---|---|
| 1 | ECGC | 50.24× |
| 2 | Zurich Kotak General Insurance | 6.84× |
| 3 | Navi General Insurance | 4.19× |
| 4 | Shriram General Insurance | 3.93× |
| 5 | Agriculture Insurance Company of India | 3.41× |
| 6 | Bajaj Allianz General Insurance | 3.12× |
| 7 | ICICI Lombard General Insurance | 2.65× |
| 8 | Acko General Insurance | 2.43× |
| 9 | Royal Sundaram General Insurance | 2.35× |
| 10 | SBI General Insurance | 2.26× |
| 11 | Digit General Insurance | 2.18× |
| 12 | Tata AIG General Insurance | 2.09× |
| 13 | Raheja QBE General Insurance | 2.08× |
| 14 | Chola MS General Insurance | 2.06× |
| 15 | Generali Central Insurance (formerly Future Generali) | 1.98× |
| 16 | Universal Sompo General Insurance | 1.96× |
| 17 | Kshema General Insurance | 1.83× |
| 18 | New India Assurance | 1.81× |
| 19 | IFFCO Tokio General Insurance | 1.80× |
| 20 | HDFC ERGO General Insurance | 1.78× |
| 21 | Magma General Insurance | 1.77× |
| 22 | Liberty General Insurance | 1.65× |
| 23 | Zuno General Insurance | 1.64× |
| 24 | Reliance General Insurance | 1.56× |
| 25 | National Insurance Company | -0.45×below min |
| 26 | United India Insurance | -0.71×below min |
| 27 | Oriental Insurance Company | -1.02×below min |
Standalone Health
| # | Insurer | Solvency |
|---|---|---|
| 1 | Niva Bupa Health Insurance | 2.25× |
| 2 | Star Health Insurance | 2.24× |
| 3 | Narayana Health Insurance | 1.84× |
| 4 | Aditya Birla Health Insurance | 1.80× |
| 5 | ManipalCigna Health Insurance | 1.75× |
| 6 | Care Health Insurance | 1.59× |
| 7 | Galaxy Health Insurance | 0.00×below min |