Indian Insurance Data — Q3 FY2024-25
In Q3 FY2024-25, 34 insurers reported solvency ratio data.31 met the IRDAI minimum of 1.5×. 3 were below the minimum.
Solvency Ratio — Q3 FY2024-25
General
| # | Insurer | Solvency |
|---|---|---|
| 1 | ECGC | 52.84× |
| 2 | Zurich Kotak General Insurance | 6.43× |
| 3 | Navi General Insurance | 4.39× |
| 4 | Shriram General Insurance | 3.58× |
| 5 | Agriculture Insurance Company of India | 3.55× |
| 6 | Bajaj Allianz General Insurance | 3.00× |
| 7 | Acko General Insurance | 2.36× |
| 8 | ICICI Lombard General Insurance | 2.36× |
| 9 | Royal Sundaram General Insurance | 2.26× |
| 10 | Digit General Insurance | 2.22× |
| 11 | Chola MS General Insurance | 2.14× |
| 12 | SBI General Insurance | 2.12× |
| 13 | Generali Central Insurance (formerly Future Generali) | 2.03× |
| 14 | Raheja QBE General Insurance | 2.02× |
| 15 | Tata AIG General Insurance | 2.00× |
| 16 | Universal Sompo General Insurance | 1.98× |
| 17 | New India Assurance | 1.90× |
| 18 | IFFCO Tokio General Insurance | 1.84× |
| 19 | Magma General Insurance | 1.79× |
| 20 | Kshema General Insurance | 1.77× |
| 21 | HDFC ERGO General Insurance | 1.75× |
| 22 | Liberty General Insurance | 1.65× |
| 23 | Zuno General Insurance | 1.62× |
| 24 | Reliance General Insurance | 1.54× |
| 25 | National Insurance Company | -0.53×below min |
| 26 | United India Insurance | -0.91×below min |
| 27 | Oriental Insurance Company | -1.05×below min |
Standalone Health
| # | Insurer | Solvency |
|---|---|---|
| 1 | Galaxy Health Insurance | 5.21× |
| 2 | Niva Bupa Health Insurance | 3.03× |
| 3 | Star Health Insurance | 2.22× |
| 4 | Narayana Health Insurance | 1.77× |
| 5 | Aditya Birla Health Insurance | 1.64× |
| 6 | ManipalCigna Health Insurance | 1.57× |
| 7 | Care Health Insurance | 1.56× |