ManipalCigna Health Insurance Net Retention Ratio
96.0%
Q1 FY26-27
ManipalCigna Health Insurance's net retention ratio was 96% 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 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q4 FY25-26 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q3 FY25-26 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-28 |
| Q2 FY25-26 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-28 |
| Q1 FY25-26 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q4 FY24-25 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q3 FY24-25 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q2 FY24-25 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q1 FY24-25 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q4 FY23-24 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q3 FY23-24 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q2 FY23-24 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q1 FY23-24 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q4 FY22-23 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q3 FY21-22 | 95.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
| Q2 FY21-22 | 95.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-25 |
Provenance
- Reported by
- ManipalCigna Health Insurance
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- 07769dc0-e6ad-701d-f5b8-7716ee328184.pdf · ManipalCigna Health Insurance's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-25
- Note
- NL-20 row-format label match: net_retention