Narayana Health Insurance Net Commission Ratio

1.0%
Q1 FY26-27
Size indicator — not ranked

Narayana Health Insurance's net commission ratio was 1% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Net commission income as a percentage of Net Written Premium. Net commission = reinsurance commission received minus commission paid to intermediaries. A positive net commission ratio means reinsurance arrangements generate more commission income than the insurer pays out to agents and brokers.

Note: NL-20 analytical ratios. A negative ratio means the insurer pays out more in distribution costs than it recovers from reinsurers.

Historical Data

PeriodValueSource formData as of
Q1 FY26-271.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-262.0 %NL-20-ANALYTICAL-RATIOS2026-10-30
Q3 FY25-260.0 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-26-0.4 %NL-20-ANALYTICAL-RATIOS2026-10-28

Provenance

Reported by
Narayana Health Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
textplor-vendor-2026-27-Q1.xlsx · Narayana Health Insurance's disclosure page
Extracted by
EverythingInsurance Research (vendor-compiled dataset, textplor.com, offline 2026-10-26)
Last verified
2026-10-26
Note
Corrected 2026-10-26: vendor stored as decimal fraction (0.01), wrong by 100x -- same bug class as net_retention_ratio for this insurer, confirmed against adjacent direct-extraction quarters (-0.43 to -1.0 range). Original note preserved context: vendor gap-fill, Q1 FY26-27.