National Insurance Company Net Commission Ratio
10.7%
Q1 FY26-27
National Insurance Company's net commission ratio was 10.68% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
What this measures
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
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | 10.7 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
| Q4 FY25-26 | 16.7 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q3 FY25-26 | 8.6 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
| Q2 FY25-26 | 11.1 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
| Q1 FY25-26 | 13.5 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
Provenance
- Reported by
- National Insurance Company
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- pdfs/national-insurance/NL-20-ANALYTICAL RATIOS SCHEDULE.pdf · National Insurance Company's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-26
- Note
- NL-20 row: Net Commission Ratio**