HDFC ERGO General Insurance Combined Ratio
110.6%
Q1 FY26-27
HDFC ERGO General Insurance's combined ratio was 110.59% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
What this measures
Sum of the Incurred Claims Ratio and the Expense of Management Ratio as defined in IRDAI NL-20. Below 100% = underwriting profitability. Note: two different denominators — net earned premium (claims) and net written premium (expenses).
Note: Regulatory-native from NL-20. Not applicable to life insurers (different accounting model).
Historical Data
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | 110.6 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q4 FY25-26 | 111.8 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q3 FY25-26 | 116.4 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q2 FY25-26 | 118.3 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q1 FY25-26 | 120.1 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q4 FY24-25 | 124.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q3 FY24-25 | 133.2 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q2 FY24-25 | 110.9 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q1 FY24-25 | 128.8 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q4 FY23-24 | 128.9 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
Provenance
- Reported by
- HDFC ERGO General Insurance
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- 2026-06-30_NL-20.pdf · HDFC ERGO General Insurance's disclosure page
- Extracted by
- nonlife_adapter.py v1
- Last verified
- 2026-09-10
- Note
- NL-20 row-format label match: combined_ratio