New India Assurance — Underwriting Performance
New India Assurance: Health led at 49.6% of gross direct premium (₹6,61,654 lakh) for Q1 FY26-27, per IRDAI form NL-4.
Business mix by segment — Q1 FY26-27
| Classification | Gross direct premium | Share of business | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail | ₹2,99,011 lakh | 22.4% | |||||||||||||||||||||||||||
Retail segments (2)
| |||||||||||||||||||||||||||||
| Hybrid | ₹6,81,850 lakh | 51.1% | |||||||||||||||||||||||||||
Hybrid segments (2)
| |||||||||||||||||||||||||||||
| Commercial | ₹3,52,474 lakh | 26.4% | |||||||||||||||||||||||||||
Commercial segments (9)
| |||||||||||||||||||||||||||||
| Grand total | ₹13,33,335 lakh | 100% | |||||||||||||||||||||||||||
Retail/Hybrid/Commercial is this site's own classification of IRDAI's filed segments, not an IRDAI-defined category — click through to the full per-segment breakdown below for the underlying filed detail, or the combined ratio & ICR by segment table further down for each segment's own profitability ratios.
Gross direct premium by segment — full detail, Q2 FY25-26 to Q1 FY26-27
| Segment | Q1 FY26-27 | Q4 FY25-26 | Q3 FY25-26 | Q2 FY25-26 | % of total, Q1 FY26-27 |
|---|---|---|---|---|---|
| Fire GDP | ₹1,73,566 lakh | ₹1,10,032 lakh | ₹1,54,018 lakh | ₹1,28,158 lakh | 13.0% |
| Marine Cargo GDP | ₹28,454 lakh | ₹15,060 lakh | ₹13,688 lakh | ₹14,690 lakh | 2.1% |
| Marine Hull GDP | ₹15,558 lakh | ₹10,393 lakh | ₹14,799 lakh | ₹12,585 lakh | 1.2% |
| Motor OD GDP | ₹1,43,180 lakh | ₹1,56,292 lakh | ₹1,45,219 lakh | ₹1,22,215 lakh | 10.7% |
| Motor TP GDP | ₹1,55,831 lakh | ₹2,02,416 lakh | ₹1,75,936 lakh | ₹1,46,267 lakh | 11.7% |
| Health GDP | ₹6,61,654 lakh | ₹5,13,354 lakh | ₹5,35,396 lakh | ₹4,83,422 lakh | 49.6% |
| Personal Accident GDP | ₹20,196 lakh | ₹18,371 lakh | ₹12,505 lakh | ₹11,996 lakh | 1.5% |
| Travel GDP | Not disclosed | Not disclosed | Not disclosed | Not disclosed | — |
| Workmen's Comp. GDP | ₹6,132 lakh | ₹4,588 lakh | ₹4,840 lakh | ₹5,029 lakh | 0.5% |
| Liability GDP | ₹7,176 lakh | ₹4,697 lakh | ₹7,897 lakh | ₹2,948 lakh | 0.5% |
| Engineering GDP | ₹33,615 lakh | ₹32,489 lakh | ₹32,908 lakh | ₹30,825 lakh | 2.5% |
| Aviation GDP | ₹13,506 lakh | ₹14,541 lakh | ₹10,570 lakh | ₹7,753 lakh | 1.0% |
| Crop GDP | ₹0 lakh | ₹0 lakh | ₹508 lakh | ₹0 lakh | 0.0% |
| Other GDP | ₹74,467 lakh | Not disclosed | Not disclosed | Not disclosed | 5.6% |
| Total gross direct premium | ₹13,33,335 lakh | ₹10,82,233 lakh | ₹11,08,284 lakh | ₹9,65,888 lakh | 100% |
Gross direct premium (not net earned premium) per IRDAI Form NL-4 (Premium Schedule), "for the quarter" column — these are standalone quarterly amounts, not running year-to-date totals. Segment-level net incurred claims in absolute rupees aren't shown here: IRDAI's segment-level claims filing (Form NL-5) hasn't been extracted for this insurer yet — see the combined ratio & ICR table below for the ratio form of this, sourced from NL-20.
Combined ratio & ICR by segment — Q1 FY26-27
| Segment | ICR | Combined ratio |
|---|---|---|
| Fire | 31.7% | 48.9% |
| Marine Cargo | 104.4% | 120.2% |
| Marine Hull | 46.1% | 50.0% |
| Motor OD | 119.1% | 141.1% |
| Motor TP | 122.2% | 132.4% |
| Health | 107.7% | 128.1% |
| Personal Accident | 127.3% | 134.6% |
| Workmen's Comp. | 34.6% | 51.9% |
| Liability | 10.2% | 31.0% |
| Engineering | 98.0% | 109.6% |
| Aviation | 70.8% | 77.5% |
| Crop | 8152.5% | 8158.4% |
| Other | 72.4% | 86.2% |
Per IRDAI Form NL-20 (Analytical Ratios Schedule)'s own segmental breakdown, latest quarter only — this granularity isn't reliably available as a multi-quarter trend across insurers. Combined ratio here can legitimately differ from a simple "ICR + expense" sum when a segment's own expense-to-net-written-premium ratio is unusually negative or positive for the quarter — reported exactly as filed, not recalculated.
Provenance (Health GDP, latest quarter)
- Reported by
- New India Assurance
- Regulatory form
- NL-4-PREMIUM-SCHEDULE · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- pdfs/new-india-assurance/Public_Disclosure_Q1_FY26-27.pdf · New India Assurance's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-24
- Note
- NL-4 segment GDP, for the quarter (sum=1,333,335 vs Grand Total=1333335.0)