HDFC ERGO General Insurance — Revenue Mix & Quality of Business
HDFC ERGO General Insurance's revenue mix was led by Health at 53.0% of gross direct premium for Q1 FY26-27, as reported in IRDAI form NL-4.
combined ratio, Q1 FY26-27
110.6%
−9.5 pts
incurred claims ratio, Q1 FY26-27
87.5%
−4.4 pts
net commission ratio, Q1 FY26-27
-6.3%
−6.3 pts
expense ratio to gross premium, Q1 FY26-27
31.8%
+0.1 pts
Total gross direct premium, Q1 FY26-27
₹4,12,528 lakh
+31.7%
Largest line, Q1 FY26-27
Health
53.0% 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
12.7%
6.4%
9.7%
12.4%
12.8%
Marine
1.8%
0.6%
1.0%
0.8%
1.0%
Marine segments (2)
Line
Q1 FY26-27
FY25-26
Marine Cargo
₹7,067 lakh
₹13,552 lakh
Marine Hull
₹330 lakh
₹912 lakh
Motor
21.5%
23.7%
25.9%
17.1%
21.3%
Motor segments (2)
Line
Q1 FY26-27
FY25-26
Motor OD
₹54,367 lakh
₹1,84,704 lakh
Motor TP
₹34,409 lakh
₹1,12,472 lakh
Health
53.0%
59.7%
52.4%
41.7%
51.3%
Health segments (3)
Line
Q1 FY26-27
FY25-26
Health
₹1,96,532 lakh
₹6,61,606 lakh
Personal Accident
₹19,680 lakh
₹47,893 lakh
Travel
₹2,337 lakh
₹5,667 lakh
Other lines
11.0%
9.5%
10.9%
28.0%
13.6%
Other lines segments (6)
Line
Q1 FY26-27
FY25-26
Other
₹30,587 lakh
—
Engineering
₹10,406 lakh
₹35,698 lakh
Crop
₹2,154 lakh
₹1,48,071 lakh
Workmen's Comp.
₹1,455 lakh
₹3,989 lakh
Aviation
₹455 lakh
₹833 lakh
Liability
₹307 lakh
₹972 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.