Provenance note: The IRDAI registration number for this insurer is not yet verified from the official IRDAI registry. Data is published as filed, but treat with care for regulatory comparisons.
ECGC is a general insurance company licensed by IRDAI. Its solvency ratio of 56.14× as of Q1 FY26-27 exceeds the IRDAI mandatory minimum of 1.5×, ranking 1st among 27 general insurers. The company reported gross written premium of ₹1367 crore in FY24-25, ranking 22nd by premium among 26 general insurers. Its incurred claim ratio of 159.5% in Q1 FY26-27 is above the general insurer median of 85.6%, ranking 25th among 27 general insurers. Its combined ratio of 188.0% in Q1 FY26-27 is above 100%.
Peer rank among general insurers with data for that metric. Not shown when fewer than 3 peers have data.
A snapshot, not a time series — see Underwriting Performance, Revenue Mix and Distribution Mix for how these move quarter to quarter.
How to read this page
GWP — Gross Written Premium: total premium underwritten, including any reinsurance accepted.
GDPI — Gross Direct Premium Income: premium from direct business only. Insurers disclose both; they are not the same number.
ICR — Incurred Claims Ratio: net incurred claims ÷ net earned premium.
Commission ratio — net commission paid ÷ net written premium.
Combined ratio — (incurred claims + expenses + commission) ÷ net earned premium. Below 100% means an underwriting profit, before investment income.
Solvency ratio — available solvency margin ÷ required solvency margin. IRDAI's regulatory minimum is 1.50×.
This page shows figures in ₹ crore; the detail pages it links to (Underwriting Performance, Distribution Mix) show the same facts in ₹ lakh as filed. Where a filing for a given period couldn't be located, this site says "Not disclosed" rather than estimating.
GWP, FY24-25
₹1,367 cr
GDPI, Q1 FY26-27
₹344 cr
Gross Direct Premium Income
ECGC: Commercial business — Fire, Marine and other specialty lines — made up 100.0% of gross direct premium in Q1 FY26-27; Brokers carried 100.0% of premium in Q1 FY26-27.
Line of business — Q1 FY26-27 (₹ crore, % of GDPI)
Retail: bought directly by an individual (Motor). Hybrid: designed for individuals but sold in a group structure (Health, Personal Accident, Travel). Commercial: the end beneficiary is a business (Fire, Marine, Engineering, Liability, Aviation, Crop, Credit and other specialty lines).
Segment
Gross direct premium
Share
Commercial
₹344 cr
100.0%
Grand total
₹344 cr
100%
Retail/Hybrid/Commercial is this site's own classification of IRDAI's filed segments, not an IRDAI-defined category — see Underwriting Performance for the full per-segment detail this rolls up from.
Channel mix — Q1 FY26-27 (₹ crore, % of premium)
Channel
Premium
Share
Brokers
₹60 cr
100.0%
Total
₹60 cr
100%
Regrouped from IRDAI Form NL-36's finer channel list — Agents/POSP = Individual agents + Point of Sales Persons; Others = Micro agents, Common Service Centres, Insurance Marketing Firms, MISP, Web aggregators and Referral arrangements. See Distribution Mix for the full unrounded breakdown.