Narayana Health Insurance Net Retention Ratio
96.0%
Q1 FY26-27
Narayana 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 | 2026-10-26 |
| Q4 FY25-26 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-30 |
| Q3 FY25-26 | 96.0 % | NL-20-ANALYTICAL-RATIOS | 2026-10-28 |
| Q2 FY25-26 | 95.9 % | NL-20-ANALYTICAL-RATIOS | 2026-10-28 |
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 (0.96), wrong by 100x -- confirmed against this insurer own Q2-Q4 direct-extraction values (95.92-96.0 range). Original note preserved context: vendor gap-fill, Q1 FY26-27.