Chola MS General Insurance Net Retention Ratio

66.5%
Q1 FY26-27
Size indicator — not ranked

Cholamandalam MS General Insurance's net retention ratio was 66.45% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Net Written Premium as a percentage of Gross Written Premium. Measures how much of the premium volume the insurer retains after ceding to reinsurers. A ratio near 100% means the insurer keeps most risk; a low ratio reflects heavy reinsurance dependence. Neither extreme is categorically better — appropriate retention depends on the insurer's capital position and line of business.

Note: NL-20 analytical ratios. Do not rank without context — a reinsurance-heavy strategy (low retention) may be prudent for catastrophe-exposed lines.

Historical Data

PeriodValueSource formData as of
Q1 FY26-2766.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-2679.4 %NL-20-ANALYTICAL-RATIOS2026-11-03
Q3 FY25-2673.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY25-2672.9 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY25-2670.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-2574.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-2575.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-2569.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY24-2569.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-2475.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY23-2474.1 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY23-2468.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-2472.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-2374.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-2376.9 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-2373.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-2371.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY21-2275.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY21-2271.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY21-2274.2 %NL-20-ANALYTICAL-RATIOS2026-10-26

Provenance

Reported by
Chola MS General Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
Public_Disclosure_for_Q1_FY_2026-27.pdf · Chola MS General Insurance's disclosure page
Extracted by
irw_adapter v1
Last verified
2026-10-26
Note
NL-20 row-format label match: net_retention