HDFC ERGO General Insurance Net Retention Ratio
44.8%
Q1 FY26-27
HDFC ERGO General Insurance's net retention ratio was 44.79% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
What this measures
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
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | 44.8 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q4 FY25-26 | 44.2 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q3 FY25-26 | 36.5 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q2 FY25-26 | 38.4 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q1 FY25-26 | 45.7 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q4 FY24-25 | 43.7 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q3 FY24-25 | 43.5 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q2 FY24-25 | 44.6 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q1 FY24-25 | 44.8 % | NL-20-ANALYTICAL-RATIOS | 2026-09-10 |
| Q4 FY23-24 | 60.1 % | 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: net_retention