New India Assurance — Financial Performance
The New India Assurance Company's combined ratio was 121.4% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.
Quarterly financial ratios — Q1 FY25-26 to Q1 FY26-27
| Metric | Q1 FY26-27 | Q4 FY25-26 | Q3 FY25-26 | Q2 FY25-26 | Q1 FY25-26 |
|---|---|---|---|---|---|
| incurred claims ratio | 103.4%+3.6 pts | 95.9%−0.8 pts | 90.8%−6.6 pts | 108.7%+6.8 pts | 99.8%+3.8 pts |
| net commission ratio | 8.4%−0.1 pts | 9.5%−0.4 pts | 10.8%+1.3 pts | 10.4%−0.1 pts | 8.5%+0.0 pts |
| expense ratio to gross premium | 16.8%+1.7 pts | 21.3%+3.3 pts | 24.0%+4.6 pts | 27.9%+6.7 pts | 15.1%−2.6 pts |
| combined ratio | 121.4%+5.3 pts | 118.3%+1.6 pts | 118.0%−1.1 pts | 139.8%+14.5 pts | 116.2%+0.1 pts |
| solvency ratio | 1.80×−0.07× | 1.84×−0.07× | 1.81×−0.09× | 1.79×−0.02× | 1.87×+0.04× |
| profit before tax | ₹-191 crore−149.2% | ₹437 crore | ₹367 crore | ₹69 crore | ₹389 crore |
| profit after tax | ₹-257 crore−165.7% | ₹558 crore | ₹372 crore | ₹63 crore | ₹391 crore |
The small figure under each number is the change from the same quarter a year earlier — in percentage points for ratios, as a percentage change for profit before/after tax. Shown only where this insurer has a filing from exactly that quarter a year ago; no figure means that comparison isn't available, not that nothing changed.
Expense ratio shown on a gross-direct-premium basis (GDP), per IRDAI's 2021 reform — not directly comparable to an insurer's net-written-premium (NWP) basis figure if quoted elsewhere. "Not disclosed" means this insurer's filing for that quarter didn't include this figure — not an estimate.
Full-year financial ratios
These are the insurer's own full-year figures, as filed with IRDAI for the whole fiscal year — not the same as adding up four quarters, since each quarter's own number above is a standalone snapshot for that quarter alone.
| Metric | FY25-26 |
|---|---|
| incurred claims ratio | 98.7% |
| net commission ratio | 9.8% |
| expense ratio to gross premium | 21.7% |
| combined ratio | 122.6% |
Provenance (combined ratio, latest quarter)
- Reported by
- New India Assurance
- Regulatory form
- NL-20-ANALYTICAL-RATIOS · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- Public_Disclosure_Q1_FY26-27.pdf · New India Assurance's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-31
- Note
- NL-20 row-format label match: combined_ratio