ManipalCigna Health Insurance Solvency Ratio

1.93×
Q1 FY26-27
Higher is better

ManipalCigna Health Insurance's solvency ratio was 1.93× for Q1 FY26-27, as reported in IRDAI form NL-26-SOLVENCY-MARGIN.

Ratio of Available Solvency Margin (ASM) to Required Solvency Margin (RSM). IRDAI mandates a minimum of 1.5× for all insurers. A ratio above 1.5 indicates a buffer above the regulatory floor.

Note: Regulatory minimum: 1.5×. Life: reported within Form L-22 Analytical Ratios. Non-life: NL-20 analytical ratios section.

Historical Data

PeriodValueSource formData as of
Q1 FY26-271.93 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q4 FY25-261.84 ×NL-26-SOLVENCY-MARGIN2026-10-31
Q3 FY25-261.56 ×NL-26-SOLVENCY-MARGIN2026-10-28
Q2 FY25-261.64 ×NL-26-SOLVENCY-MARGIN2026-10-28
Q1 FY25-261.91 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q4 FY24-251.76 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q3 FY24-251.57 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q2 FY24-251.75 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q1 FY24-251.74 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q4 FY23-241.66 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q3 FY23-241.56 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q2 FY23-241.57 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q1 FY23-241.62 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q4 FY22-231.56 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q3 FY22-231.55 ×Statement-122026-09-10
Q2 FY22-231.56 ×Statement-122026-09-10
Q1 FY22-231.59 ×Statement-122026-09-10
Q4 FY21-221.68 ×Statement-162026-09-10
Q3 FY21-221.59 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q2 FY21-221.77 ×NL-26-SOLVENCY-MARGIN2026-10-25
Q1 FY21-221.65 ×Statement-162026-09-10
Q4 FY20-212.12 ×Statement-172026-09-10
Q3 FY20-212.59 ×Statement-172026-09-10
Q2 FY20-213.06 ×Statement-172026-09-10
Q1 FY20-211.97 ×Statement-172026-09-10
Q4 FY19-201.90 ×Table-492026-09-19

Provenance

Reported by
ManipalCigna Health Insurance
Regulatory form
NL-26-SOLVENCY-MARGIN · 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-26 solvency ratio regex