National Insurance Company Operating Profit Ratio
-12.8%
Q1 FY26-27
National Insurance Company's operating profit ratio was -12.75% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
What this measures
Operating profit as a percentage of Net Written Premium. Operating profit = Underwriting Balance + Net Investment Income. Unlike the underwriting balance ratio, this includes investment returns — making it positive for most insurers even when underwriting is in deficit.
Note: NL-20 analytical ratios. Display with sign. A positive operating profit ratio with a negative underwriting balance ratio indicates the insurer relies on investment income to cover underwriting losses.
Historical Data
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | -12.8 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
| Q4 FY25-26 | -46.3 % | NL-20-ANALYTICAL-RATIOS | 2026-10-31 |
| Q3 FY25-26 | -8.5 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
| Q2 FY25-26 | -6.4 % | NL-20-ANALYTICAL-RATIOS | 2026-10-26 |
| Q1 FY25-26 | -7.2 % | 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: Operating Profit Ratio