Narayana Health Insurance — Distribution Mix

Narayana Health Insurance's new business was led by the Brokers channel at 100.0% of premium for Q1 FY26-27, as reported in IRDAI form NL-36.

combined ratio, Q1 FY26-27
259.0%
incurred claims ratio, Q1 FY26-27
219.0%
net commission ratio, Q1 FY26-27
1.0%
expense ratio to gross premium, Q1 FY26-27
39.0%
Total premium, Q1 FY26-27
₹1,651.25 lakh
Leading channel, Q1 FY26-27
Brokers
100.0% of premium

Channel mix — quarter ended Q1 FY26-27

No data for the same quarter a year earlier — showing the latest quarter only.

Channel groupPolicies, Q1 FY26-27Premium, Q1 FY26-27
Brokers27₹1,651.25 lakh (100.0%)
Agents/POSPNot disclosed₹0 lakh (0.0%)
Agents/POSP channels (2)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27
Individual Agents0₹0 lakh
Point of Sales Person (Direct)0₹0 lakh
Direct WebsiteNot disclosed₹0 lakh (0.0%)
BanksNot disclosed₹0 lakh (0.0%)
Direct non-websiteNot disclosed₹0 lakh (0.0%)
Direct non-website channels (2)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27
Direct Business – Officers/EmployeesNot disclosedNot disclosed
Direct Business – OthersNot disclosedNot disclosed
Corporate AgentsNot disclosed₹0 lakh (0.0%)
OthersNot disclosed₹0 lakh (0.0%)
Others channels (7)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27
Micro Agents0₹0 lakh
Common Service Centres (CSC)0₹0 lakh
Insurance Marketing Firm0₹0 lakh
MISP (Direct)0₹0 lakh
Web Aggregators0₹0 lakh
Referral Arrangements0₹0 lakh
OtherNot disclosedNot disclosed
Total, India27₹1,651.25 lakh (100%)

Per IRDAI Form NL-36 (Business Channels Wise), "For the Quarter" column. Channels are grouped into ARGO's own 7-way classification (Brokers, Agents/POSP, Direct Website, Banks, Direct non-website, Corporate Agents, Others) — click a group with more than one channel to see its own breakdown. "Total, India" sums the 15 channels extracted here and excludes "Business outside India," a separate geography line on the same form. Some insurers report "Direct Business"'s sub-channels (Officers/Employees, Online, Others) as one combined figure rather than a real breakdown — shown as "Not disclosed" for those rows rather than guessed.

Total premium by quarter, trend

PeriodTotal, India premiumPolicies
FY24-25₹0 lakh—
Q3 FY25-26₹1,248.79 lakh10
Q4 FY25-26₹1,588.83 lakh6
Q1 FY26-27₹1,651.25 lakh27