Care Health Insurance — Distribution Mix
Care Health Insurance's new business was led by the Individual Agents channel at 38.4% of premium for Q1 FY26-27, as reported in IRDAI form NL-36.
Channel mix — quarter ended Q1 FY26-27 vs. Q1 FY25-26 (year ago)
| Channel group | Policies, Q1 FY26-27 | Premium, Q1 FY26-27 | Policies, Q1 FY25-26 | Premium, Q1 FY25-26 | |||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brokers | 2,68,815 | ₹1,00,436 lakh (34.4%) | 1,60,392 | ₹70,941 lakh (34.7%) | |||||||||||||||||||||||||||||||||||||||
| Agents/POSP | 4,81,957 | ₹1,16,485 lakh (39.9%) | 3,68,283 | ₹80,443 lakh (39.4%) | |||||||||||||||||||||||||||||||||||||||
Agents/POSP channels (2)
| |||||||||||||||||||||||||||||||||||||||||||
| Direct Website | 86,107 | ₹16,580 lakh (5.7%) | 62,123 | ₹11,584 lakh (5.7%) | |||||||||||||||||||||||||||||||||||||||
| Banks | 46,313 | ₹21,199 lakh (7.3%) | 32,985 | ₹17,472 lakh (8.5%) | |||||||||||||||||||||||||||||||||||||||
| Direct non-website | 25,017 | ₹3,044 lakh (1.0%) | 12,547 | ₹3,353 lakh (1.6%) | |||||||||||||||||||||||||||||||||||||||
Direct non-website channels (2)
| |||||||||||||||||||||||||||||||||||||||||||
| Corporate Agents | 32,186 | ₹32,837 lakh (11.2%) | 16,124 | ₹19,040 lakh (9.3%) | |||||||||||||||||||||||||||||||||||||||
| Others | 5,331 | ₹1,566 lakh (0.5%) | 5,772 | ₹1,584 lakh (0.8%) | |||||||||||||||||||||||||||||||||||||||
Others channels (7)
| |||||||||||||||||||||||||||||||||||||||||||
| Total, India | 9,45,726 | ₹2,92,147 lakh (100%) | 6,58,226 | ₹2,04,417 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
| Period | Total, India premium | Policies |
|---|---|---|
| Q2 FY25-26 | ₹2,28,491 lakh | 7,60,182 |
| Q3 FY25-26 | ₹2,51,920 lakh | 8,60,579 |
| Q4 FY25-26 | ₹3,14,649 lakh | 15,85,551 |
| Q1 FY26-27 | ₹2,92,147 lakh | 9,45,726 |