Magma General Insurance Required Solvency Margin
89547₹ lakh
Q1 FY26-27
Magma General Insurance's required solvency margin was 89547₹ lakh for Q1 FY26-27, as reported in IRDAI form NL-26-SOLVENCY-MARGIN.
What this measures
Required Solvency Margin (RSM) in ₹ lakh — the minimum capital buffer mandated by IRDAI, calculated from net written premium and net incurred claims. The denominator of the Solvency Ratio (ASM ÷ RSM). A higher RSM indicates a larger, more risk-exposed business.
Note: NL-20 analytical ratios. IRDAI minimum solvency ratio is 1.5× (ASM must be ≥ 1.5 × RSM).
Historical Data
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | 89547 ₹ lakh | NL-26-SOLVENCY-MARGIN | 2026-10-26 |
| Q4 FY25-26 | 88929 ₹ lakh | NL-26-SOLVENCY-MARGIN | 2026-10-31 |
| Q3 FY25-26 | 86028 ₹ lakh | NL-26-SOLVENCY-MARGIN | 2026-10-28 |
| Q2 FY25-26 | 83291 ₹ lakh | NL-26-SOLVENCY-MARGIN | 2026-10-28 |
Provenance
- Reported by
- Magma General Insurance
- Regulatory form
- NL-26-SOLVENCY-MARGIN · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- NL_Q1_FY2026-27.pdf · Magma General Insurance's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-26
- Note
- NL-26 RSM regex