Narayana Health Insurance Health Combined Ratio
259.0%
Q1 FY26-27
Narayana Health Insurance's health combined ratio was 259% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
What this measures
Segment-level combined ratio for Health, from IRDAI Form NL-20's own segmental analytical-ratios table (not the company-wide NL-20 figure). Below 100% = underwriting profitability for this segment specifically.
Note: IRDAI Form NL-20 (Analytical Ratios Schedule), segmental breakdown page, 'Current Period' row for this segment.
Historical Data
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | 259.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-27 |
| Q4 FY25-26 | 156.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-27 |
| Q3 FY25-26 | 128.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-27 |
| Q2 FY25-26 | 128.4 % | NL-20-ANALYTICAL-RATIOS | 2026-10-27 |
Provenance
- Reported by
- Narayana Health Insurance
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- Derived: company-wide value, since this insurer writes ONLY Health business · Narayana Health Insurance's disclosure page
- Extracted by
- manual derivation (27 Oct 2026)
- Last verified
- 2026-10-27
- Note
- Narayana Health Insurance writes exclusively Health business (confirmed via its own NL-4 segment GDP data, which has never shown any segment other than health) -- checked every downloaded PDF (40 files) and confirmed none has a distinct segmental ratio page at all. The company-wide ratio and the single-segment ratio are the same number by construction here, not an approximation.