Bajaj Allianz General Insurance — Revenue Mix & Quality of Business
Bajaj Allianz General Insurance's revenue mix was led by Health at 32.6% of gross direct premium for Q1 FY26-27, as reported in IRDAI form NL-4.
combined ratio, Q1 FY26-27
104.7%
+1.0 pts
incurred claims ratio, Q1 FY26-27
74.3%
+3.2 pts
net commission ratio, Q1 FY26-27
8.9%
−0.3 pts
expense ratio to gross premium, Q1 FY26-27
29.5%
−1.5 pts
Total gross direct premium, Q1 FY26-27
₹5,75,204 lakh
+11.5%
Largest line, Q1 FY26-27
Health
32.6% of gross direct premium
Revenue mix — % of gross direct premium by segment, Q2 FY25-26 to Q1 FY26-27
Segment
Q1 FY26-27
Q4 FY25-26
Q3 FY25-26
Q2 FY25-26
FY25-26
Fire
15.8%
11.0%
7.6%
8.4%
12.7%
Marine
3.8%
3.1%
1.2%
1.3%
2.0%
Marine segments (2)
Line
Q1 FY26-27
FY25-26
Marine Cargo
₹18,439 lakh
₹36,319 lakh
Marine Hull
₹3,261 lakh
₹6,116 lakh
Motor
32.4%
43.2%
29.1%
27.0%
33.8%
Motor segments (2)
Line
Q1 FY26-27
FY25-26
Motor TP
₹1,06,620 lakh
₹3,96,045 lakh
Motor OD
₹79,987 lakh
₹3,31,731 lakh
Health
32.6%
27.5%
53.3%
39.5%
40.5%
Health segments (3)
Line
Q1 FY26-27
FY25-26
Health
₹1,75,965 lakh
₹8,34,989 lakh
Personal Accident
₹6,026 lakh
₹19,111 lakh
Travel
₹5,721 lakh
₹17,568 lakh
Other lines
15.4%
15.2%
8.8%
23.8%
11.0%
Other lines segments (6)
Line
Q1 FY26-27
FY25-26
Other
₹65,482 lakh
—
Engineering
₹18,904 lakh
₹53,817 lakh
Liability
₹2,931 lakh
₹12,545 lakh
Workmen's Comp.
₹2,548 lakh
₹8,427 lakh
Aviation
₹503 lakh
₹1,474 lakh
Crop
₹-1,976 lakh
₹1,60,690 lakh
% of gross direct premium per IRDAI Form NL-4 (Premium Schedule); FY columns sum all four quarters' "for the quarter" figures and only appear for fiscal years where all four quarters are available — an incomplete year isn't shown as an annual total. Health includes Personal Accident and Travel; click a line with more than one segment to see its own breakdown (latest quarter and latest complete fiscal year only — quarterly splits for lines this small are noisy to trend). The tiles above are company-wide ratios, as filed — not segment-specific; segment-level incurred claims ratio for the largest lines (IRDAI Forms NL-5 / NL-20 segmental) hasn't been extracted for this insurer yet, so it isn't shown here rather than estimated. SeeUnderwriting Performance for the full per-segment history.