Generali Central Insurance (formerly Future Generali) — Underwriting Performance
Generali Central Insurance (formerly Future Generali): Health led at 30.5% of gross direct premium (₹33,874.58 lakh) for Q1 FY26-27, per IRDAI form NL-4.
Business mix by segment — Q1 FY26-27
| Classification | Gross direct premium | Share of business | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail | ₹44,531.6 lakh | 40.1% | ||||||||||||||||||||||||
Retail segments (2)
| ||||||||||||||||||||||||||
| Hybrid | ₹40,178.49 lakh | 36.1% | ||||||||||||||||||||||||
Hybrid segments (3)
| ||||||||||||||||||||||||||
| Commercial | ₹26,460.19 lakh | 23.8% | ||||||||||||||||||||||||
Commercial segments (8)
| ||||||||||||||||||||||||||
| Grand total | ₹1,11,170.28 lakh | 100% | ||||||||||||||||||||||||
Retail/Hybrid/Commercial is this site's own classification of IRDAI's filed segments, not an IRDAI-defined category — click through to the full per-segment breakdown below for the underlying filed detail, or the combined ratio & ICR by segment table further down for each segment's own profitability ratios.
Gross direct premium by segment — full detail, Q2 FY25-26 to Q1 FY26-27
| Segment | Q1 FY26-27 | Q4 FY25-26 | Q3 FY25-26 | Q2 FY25-26 | % of total, Q1 FY26-27 |
|---|---|---|---|---|---|
| Fire GDP | ₹15,519.07 lakh | ₹12,408.91 lakh | ₹11,869.26 lakh | ₹13,499.62 lakh | 14.0% |
| Marine Cargo GDP | ₹5,648.55 lakh | ₹3,801.13 lakh | ₹2,681.02 lakh | ₹2,887.27 lakh | 5.1% |
| Marine Hull GDP | ₹0 lakh | ₹0 lakh | ₹220.05 lakh | ₹0.11 lakh | 0.0% |
| Motor OD GDP | ₹24,921.42 lakh | ₹25,801.1 lakh | ₹26,808.95 lakh | ₹21,988.87 lakh | 22.4% |
| Motor TP GDP | ₹19,610.18 lakh | ₹27,838.81 lakh | ₹33,078.79 lakh | ₹24,705.75 lakh | 17.6% |
| Health GDP | ₹33,874.58 lakh | ₹52,110.56 lakh | ₹27,536.06 lakh | ₹35,000.65 lakh | 30.5% |
| Personal Accident GDP | ₹6,132.75 lakh | ₹3,489.16 lakh | ₹2,498.66 lakh | ₹2,820.35 lakh | 5.5% |
| Travel GDP | ₹171.16 lakh | ₹94.28 lakh | ₹112.86 lakh | ₹153.98 lakh | 0.2% |
| Workmen's Comp. GDP | ₹890.29 lakh | ₹874.76 lakh | ₹780.41 lakh | ₹949.57 lakh | 0.8% |
| Liability GDP | ₹1,118.88 lakh | ₹1,202.92 lakh | ₹968.2 lakh | ₹855.93 lakh | 1.0% |
| Engineering GDP | ₹3,438.26 lakh | ₹3,614 lakh | ₹2,563.42 lakh | ₹2,651.33 lakh | 3.1% |
| Aviation GDP | ₹0 lakh | ₹7.36 lakh | ₹-0.01 lakh | ₹0.01 lakh | 0.0% |
| Crop GDP | ₹-154.86 lakh | ₹9,068.54 lakh | ₹11,300.77 lakh | ₹13,972.34 lakh | -0.1% |
| Other GDP | Not disclosed | Not disclosed | Not disclosed | Not disclosed | — |
| Total gross direct premium | ₹1,11,170.28 lakh | ₹1,40,311.53 lakh | ₹1,20,418.44 lakh | ₹1,19,485.78 lakh | 100% |
Gross direct premium (not net earned premium) per IRDAI Form NL-4 (Premium Schedule), "for the quarter" column — these are standalone quarterly amounts, not running year-to-date totals. Segment-level net incurred claims in absolute rupees aren't shown here: IRDAI's segment-level claims filing (Form NL-5) hasn't been extracted for this insurer yet — see the combined ratio & ICR table below for the ratio form of this, sourced from NL-20.
Combined ratio & ICR by segment — Q1 FY26-27
| Segment | ICR | Combined ratio |
|---|---|---|
| Fire | 137.0% | 186.0% |
| Marine Cargo | 156.0% | 193.0% |
| Marine Hull | 0.0% | 0.0% |
| Motor OD | 89.0% | 132.0% |
| Motor TP | 82.0% | 121.0% |
| Health | 71.0% | 103.0% |
| Personal Accident | 90.0% | 116.0% |
| Travel | 89.0% | 162.0% |
| Workmen's Comp. | 135.0% | 173.0% |
| Liability | -5.0% | 26.0% |
| Engineering | 116.0% | 205.0% |
| Aviation | 100.0% | 0.0% |
| Crop | 318.0% | 1418.0% |
Per IRDAI Form NL-20 (Analytical Ratios Schedule)'s own segmental breakdown, latest quarter only — this granularity isn't reliably available as a multi-quarter trend across insurers. Combined ratio here can legitimately differ from a simple "ICR + expense" sum when a segment's own expense-to-net-written-premium ratio is unusually negative or positive for the quarter — reported exactly as filed, not recalculated.
Provenance (Health GDP, latest quarter)
- Reported by
- Generali Central Insurance (formerly Future Generali)
- Regulatory form
- NL-4-PREMIUM-SCHEDULE · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- pdfs/generali-central/FY2026-27_Q1_NL4.pdf · Generali Central Insurance (formerly Future Generali)'s disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-25
- Note
- NL-4 segment GDP, for the quarter (sum=111,170 vs Grand Total=117498.75)