Indian Insurance Data — Q4 FY2024-25
In Q4 FY2024-25, 34 insurers reported solvency ratio data.31 met the IRDAI minimum of 1.5×. 3 were below the minimum.
Solvency Ratio — Q4 FY2024-25
General
| # | Insurer | Solvency |
|---|---|---|
| 1 | ECGC | 57.13× |
| 2 | Zurich Kotak General Insurance | 5.73× |
| 3 | Navi General Insurance | 4.56× |
| 4 | Agriculture Insurance Company of India | 4.07× |
| 5 | Shriram General Insurance | 3.51× |
| 6 | Bajaj Allianz General Insurance | 3.25× |
| 7 | ICICI Lombard General Insurance | 2.69× |
| 8 | Acko General Insurance | 2.30× |
| 9 | Digit General Insurance | 2.24× |
| 10 | Royal Sundaram General Insurance | 2.20× |
| 11 | Chola MS General Insurance | 2.18× |
| 12 | SBI General Insurance | 2.03× |
| 13 | Magma General Insurance | 2.02× |
| 14 | HDFC ERGO General Insurance | 2.00× |
| 15 | Universal Sompo General Insurance | 1.97× |
| 16 | Generali Central Insurance (formerly Future Generali) | 1.96× |
| 17 | New India Assurance | 1.91× |
| 18 | IFFCO Tokio General Insurance | 1.85× |
| 19 | Tata AIG General Insurance | 1.81× |
| 20 | Liberty General Insurance | 1.75× |
| 21 | Raheja QBE General Insurance | 1.72× |
| 22 | Reliance General Insurance | 1.59× |
| 23 | Zuno General Insurance | 1.58× |
| 24 | Kshema General Insurance | 1.53× |
| 25 | United India Insurance | -0.65×below min |
| 26 | National Insurance Company | -0.67×below min |
| 27 | Oriental Insurance Company | -1.03×below min |
Standalone Health
| # | Insurer | Solvency |
|---|---|---|
| 1 | Galaxy Health Insurance | 4.70× |
| 2 | Niva Bupa Health Insurance | 3.03× |
| 3 | Star Health Insurance | 2.21× |
| 4 | Aditya Birla Health Insurance | 1.84× |
| 5 | ManipalCigna Health Insurance | 1.76× |
| 6 | Care Health Insurance | 1.68× |
| 7 | Narayana Health Insurance | 1.61× |