National Insurance Company Debt To Equity Ratio

-0.20×
Q1 FY26-27
Lower is better

National Insurance Company's debt to equity ratio was -0.2× for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Total borrowings (debt) as a multiple of Net Worth (equity). Measures financial leverage. A higher ratio means the insurer has taken on more debt relative to its capital base, increasing financial risk. Most well-capitalised insurers carry low D/E ratios.

Note: NL-20 analytical ratios. A ratio of 0 means no borrowings. Insurance regulation limits leverage, so high D/E is uncommon for licensed Indian insurers.

Historical Data

PeriodValueSource formData as of
Q1 FY26-27-0.20 ×NL-20-ANALYTICAL-RATIOS2026-10-25

Provenance

Reported by
National Insurance Company
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
NL-20-ANALYTICAL RATIOS SCHEDULE.pdf · National Insurance Company's disclosure page
Extracted by
irw_adapter v1
Last verified
2026-10-25
Note
NL-20 row-format label match: debt_equity_ratio