Indian Insurance Data — Q2 FY2025-26

In Q2 FY2025-26, 29 insurers reported solvency ratio data.27 met the IRDAI minimum of 1.5×. 2 were below the minimum.

Solvency Ratio — Q2 FY2025-26

General

#InsurerSolvency
1ECGC55.47×
2Navi General Insurance4.65×
3Agriculture Insurance Company of India4.64×
4Zurich Kotak General Insurance4.33×
5Bajaj Allianz General Insurance3.39×
6Shriram General Insurance3.33×
7ICICI Lombard General Insurance2.73×
8Acko General Insurance2.29×
9Digit General Insurance2.26×
10Raheja QBE General Insurance2.19×
11SBI General Insurance2.13×
12Chola MS General Insurance2.11×
13HDFC ERGO General Insurance2.10×
14IFFCO Tokio General Insurance1.92×
15Magma General Insurance1.90×
16Zuno General Insurance1.89×
17Tata AIG General Insurance1.79×
18New India Assurance1.79×
19Reliance General Insurance1.73×
20Kshema General Insurance1.51×
21National Insurance Company-0.75×below min
22Oriental Insurance Company-1.01×below min

Standalone Health

#InsurerSolvency
1Galaxy Health Insurance3.73×
2Niva Bupa Health Insurance2.85×
3Star Health Insurance2.15×
4Care Health Insurance1.89×
5Aditya Birla Health Insurance1.77×
6ManipalCigna Health Insurance1.64×
7Narayana Health Insurance1.55×

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Q1 FY2024-25Q2 FY2024-25Q3 FY2024-25Q4 FY2024-25Q1 FY2025-26Q2 FY2025-26Q3 FY2025-26Q4 FY2025-26Q1 FY2026-27
Source: IRDAI quarterly public disclosures and NSE filing API. Solvency minimum: 1.5× (IRDAI regulation).Solvency history all insurers → ·Annual data →