Agriculture Insurance Company of India Net Commission Ratio

-11.9%
Q1 FY26-27
Size indicator — not ranked

Agriculture Insurance Company of India's net commission ratio was -11.92% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Net commission income as a percentage of Net Written Premium. Net commission = reinsurance commission received minus commission paid to intermediaries. A positive net commission ratio means reinsurance arrangements generate more commission income than the insurer pays out to agents and brokers.

Note: NL-20 analytical ratios. A negative ratio means the insurer pays out more in distribution costs than it recovers from reinsurers.

Historical Data

PeriodValueSource formData as of
Q1 FY26-27-11.9 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-26-28.2 %NL-20-ANALYTICAL-RATIOS2026-10-31
Q3 FY25-261.6 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-26-0.3 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q1 FY25-2613.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-25-16.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-251.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-250.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-24-12.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-24-2.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-23-4.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-23-0.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-23-1.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-23-0.6 %NL-20-ANALYTICAL-RATIOS2026-10-26

Provenance

Reported by
Agriculture Insurance Company of India
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
2026-27_Q1.pdf · Agriculture Insurance Company of India's disclosure page
Extracted by
irw_adapter v1
Last verified
2026-10-26
Note
NL-20 row-format label match: net_commission_ratio