IFFCO Tokio General Insurance — Financial Performance
IFFCO Tokio General Insurance's combined ratio was 121.2% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
Quarterly financial ratios — Q1 FY25-26 to Q1 FY26-27
| Metric | Q1 FY26-27 | Q4 FY25-26 | Q3 FY25-26 | Q2 FY25-26 | Q1 FY25-26 |
|---|---|---|---|---|---|
| incurred claims ratio | 86.8%−5.5 pts | 79.5%−5.8 pts | 81.4%−8.1 pts | 87.8%−4.5 pts | 92.3%+6.0 pts |
| net commission ratio | 17.6%+1.4 pts | 21.0%+4.2 pts | 19.2%+1.9 pts | 14.7%+3.0 pts | 16.2%+5.1 pts |
| expense ratio to gross premium | 29.2%+3.0 pts | 31.2%+2.4 pts | 28.4%+2.2 pts | 23.5%+1.9 pts | 26.2%+1.3 pts |
| combined ratio | 121.2%−3.6 pts | 116.4%−1.5 pts | 116.0%−5.6 pts | 119.6%−1.3 pts | 124.8%+9.2 pts |
| solvency ratio | 1.97×+0.11× | 1.91×+0.06× | 1.85×+0.01× | 1.92×+0.12× | 1.86×+0.05× |
| profit before tax | ₹21 crore+1203.0% | ₹22 crore−47.4% | ₹50 crore+195.2% | ₹78 crore+75.3% | ₹2 crore−98.9% |
| profit after tax | ₹16 crore+1207.1% | ₹16 crore−52.1% | ₹38 crore+196.1% | ₹60 crore+71.8% | ₹1 crore−98.8% |
The small figure under each number is the change from the same quarter a year earlier — in percentage points for ratios, as a percentage change for profit before/after tax. Shown only where this insurer has a filing from exactly that quarter a year ago; no figure means that comparison isn't available, not that nothing changed.
Expense ratio shown on a gross-direct-premium basis (GDP), per IRDAI's 2021 reform — not directly comparable to an insurer's net-written-premium (NWP) basis figure if quoted elsewhere. "Not disclosed" means this insurer's filing for that quarter didn't include this figure — not an estimate.
Full-year financial ratios
These are the insurer's own full-year figures, as filed with IRDAI for the whole fiscal year — not the same as adding up four quarters, since each quarter's own number above is a standalone snapshot for that quarter alone.
| Metric | FY25-26 | FY24-25 | FY23-24 | FY22-23 | FY21-22 |
|---|---|---|---|---|---|
| incurred claims ratio | 85.1% | 88.3% | 86.3% | 88.6% | 94.1% |
| net commission ratio | 18.0% | 14.4% | 14.0% | 6.5% | Not disclosed |
| expense ratio to gross premium | 27.4% | 25.4% | 21.3% | 19.4% | Not disclosed |
| combined ratio | 119.3% | 119.1% | 114.6% | 111.2% | Not disclosed |
Provenance (combined ratio, latest quarter)
- Reported by
- IFFCO Tokio General Insurance
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- public-disclosure-june-2026.pdf · IFFCO Tokio General Insurance's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-31
- Note
- NL-20 row-format label match: combined_ratio