Acko General Insurance — Distribution Mix

Acko General Insurance's new business was led by the Brokers channel at 49.1% of premium for Q1 FY26-27, as reported in IRDAI form NL-36.

combined ratio, Q1 FY26-27
111.7%
+1.9 pts
incurred claims ratio, Q1 FY26-27
72.9%
+4.0 pts
net commission ratio, Q1 FY26-27
11.9%
+2.0 pts
expense ratio to gross premium, Q1 FY26-27
43.9%
+8.3 pts
Total premium, Q1 FY26-27
₹32,252 lakh
+55.9%
Leading channel, Q1 FY26-27
Brokers
49.1% of premium

Channel mix — quarter ended Q1 FY26-27 vs. Q1 FY25-26 (year ago)

Channel groupPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Brokers89,415₹15,850 lakh (49.1%)77,755₹12,137 lakh (58.7%)
Agents/POSPNot disclosed₹0 lakh (0.0%)Not disclosed₹0 lakh (0.0%)
Agents/POSP channels (2)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Individual Agents0₹0 lakh0₹0 lakh
Point of Sales Person (Direct)0₹0 lakh0₹0 lakh
Direct WebsiteNot disclosed₹0 lakh (0.0%)Not disclosed₹0 lakh (0.0%)
BanksNot disclosed₹1,030 lakh (3.2%)Not disclosed₹1,044 lakh (5.0%)
Direct non-websiteNot disclosed₹0 lakh (0.0%)Not disclosed₹0 lakh (0.0%)
Direct non-website channels (2)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Direct Business – Officers/EmployeesNot disclosedNot disclosedNot disclosedNot disclosed
Direct Business – OthersNot disclosedNot disclosedNot disclosedNot disclosed
Corporate Agents1,31,237₹15,372 lakh (47.7%)1,32,735₹7,511 lakh (36.3%)
OthersNot disclosed₹0 lakh (0.0%)Not disclosed₹0 lakh (0.0%)
Others channels (7)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Micro Agents0₹0 lakh0₹0 lakh
Common Service Centres (CSC)0₹0 lakh0₹0 lakh
Insurance Marketing Firm0₹0 lakh0₹0 lakh
MISP (Direct)0₹0 lakh0₹0 lakh
Web Aggregators0₹0 lakh0₹0 lakh
Referral Arrangements0₹0 lakh0₹0 lakh
Other0₹0 lakh0₹0 lakh
Total, India2,20,652₹32,252 lakh (100%)2,10,490₹20,692 lakh (100%)

Per IRDAI Form NL-36 (Business Channels Wise), "For the Quarter" column. Channels are grouped into ARGO's own 7-way classification (Brokers, Agents/POSP, Direct Website, Banks, Direct non-website, Corporate Agents, Others) — click a group with more than one channel to see its own breakdown. "Total, India" sums the 15 channels extracted here and excludes "Business outside India," a separate geography line on the same form. Some insurers report "Direct Business"'s sub-channels (Officers/Employees, Online, Others) as one combined figure rather than a real breakdown — shown as "Not disclosed" for those rows rather than guessed.

Total premium by quarter, trend

PeriodTotal, India premiumPolicies
Q2 FY25-26₹24,811 lakh2,39,666
Q3 FY25-26₹28,041 lakh2,77,687
Q4 FY25-26₹25,942 lakh2,58,977
Q1 FY26-27₹32,252 lakh2,20,652