Chola MS General Insurance — Revenue Mix & Quality of Business
Cholamandalam MS General Insurance's revenue mix was led by Motor at 68.7% of gross direct premium for Q1 FY26-27, as reported in IRDAI form NL-4.
combined ratio, Q1 FY26-27
120.4%
+5.6 pts
incurred claims ratio, Q1 FY26-27
85.6%
+4.6 pts
net commission ratio, Q1 FY26-27
19.9%
+0.3 pts
expense ratio to gross premium, Q1 FY26-27
36.1%
+1.4 pts
Total gross direct premium, Q1 FY26-27
₹1,85,992 lakh
+2.6%
Largest line, Q1 FY26-27
Motor
68.7% 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
10.1%
7.3%
6.0%
9.5%
8.7%
Marine
5.1%
2.0%
1.4%
2.7%
2.2%
Marine segments (2)
Line
Q1 FY26-27
FY25-26
Marine Cargo
₹6,509 lakh
₹13,920 lakh
Marine Hull
₹2,891 lakh
₹3,074 lakh
Motor
68.7%
77.3%
76.1%
71.8%
73.2%
Motor segments (2)
Line
Q1 FY26-27
FY25-26
Motor TP
₹69,798 lakh
₹3,09,115 lakh
Motor OD
₹57,997 lakh
₹2,59,065 lakh
Health
14.1%
12.1%
15.4%
14.3%
14.5%
Health segments (3)
Line
Q1 FY26-27
FY25-26
Health
₹19,083 lakh
₹88,629 lakh
Personal Accident
₹7,194 lakh
₹23,782 lakh
Travel
₹33 lakh
₹83 lakh
Other lines
1.9%
1.3%
1.0%
1.7%
1.5%
Other lines segments (6)
Line
Q1 FY26-27
FY25-26
Engineering
₹1,434 lakh
₹4,122 lakh
Other
₹997 lakh
₹4,617 lakh
Liability
₹790 lakh
₹1,405 lakh
Workmen's Comp.
₹396 lakh
₹1,118 lakh
Crop
₹4 lakh
₹63 lakh
Aviation
₹0 lakh
₹0 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.