Oriental Insurance Company — Distribution Mix

The Oriental Insurance Company's new business was led by the Brokers channel at 74.3% of premium for Q1 FY26-27, as reported in IRDAI form NL-36.

combined ratio, Q1 FY26-27
11,916.0%
+11800.5 pts
incurred claims ratio, Q1 FY26-27
10,011.0%
+9911.7 pts
net commission ratio, Q1 FY26-27
766.0%
+760.0 pts
expense ratio to gross premium, Q1 FY26-27
15.5%
+2.1 pts
Total premium, Q1 FY26-27
₹5,24,854 lakh
+8.7%
Leading channel, Q1 FY26-27
Brokers
74.3% of premium

Channel mix — quarter ended Q1 FY26-27 vs. Q1 FY25-26 (year ago)

Channel groupPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Brokers5,72,387₹3,89,890 lakh (74.3%)3,65,190₹3,30,375 lakh (68.4%)
Agents/POSP8,69,770₹1,23,843 lakh (23.6%)8,36,655₹1,29,749 lakh (26.9%)
Agents/POSP channels (2)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Individual Agents7,43,681₹1,14,281 lakh7,38,927₹1,19,024 lakh
Point of Sales Person (Direct)1,26,089₹9,562 lakh97,728₹10,725 lakh
Direct WebsiteNot disclosed₹0 lakh (0.0%)Not disclosed₹0 lakh (0.0%)
Banks53,956₹5,572 lakh (1.1%)53,070₹6,034 lakh (1.2%)
Direct non-website5,203₹1,172 lakh (0.2%)8,443₹811 lakh (0.2%)
Direct non-website channels (2)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Direct Business – Officers/Employees5,203₹1,172 lakh8,443₹811 lakh
Direct Business – OthersNot disclosedNot disclosed0₹0 lakh
Corporate Agents18,408₹1,425 lakh (0.3%)12,654₹1,825 lakh (0.4%)
Others83,239₹2,952 lakh (0.6%)90,761₹14,133 lakh (2.9%)
Others channels (7)
ChannelPolicies, Q1 FY26-27Premium, Q1 FY26-27Policies, Q1 FY25-26Premium, Q1 FY25-26
Micro Agents45₹4 lakh28₹3 lakh
Common Service Centres (CSC)0₹0 lakh0₹0 lakh
Insurance Marketing Firm90₹918 lakh124₹207 lakh
MISP (Direct)82,951₹2,015 lakh90,310₹13,915 lakh
Web Aggregators153₹15 lakh299₹8 lakh
Referral Arrangements0₹0 lakh0₹0 lakh
OtherNot disclosedNot disclosed0₹0 lakh
Total, India16,02,963₹5,24,854 lakh (100%)13,66,773₹4,82,927 lakh (100%)

Per IRDAI Form NL-36 (Business Channels Wise), "For the Quarter" column. Channels are grouped into ARGO's own 7-way classification (Brokers, Agents/POSP, Direct Website, Banks, Direct non-website, Corporate Agents, Others) — click a group with more than one channel to see its own breakdown. "Total, India" sums the 15 channels extracted here and excludes "Business outside India," a separate geography line on the same form. Some insurers report "Direct Business"'s sub-channels (Officers/Employees, Online, Others) as one combined figure rather than a real breakdown — shown as "Not disclosed" for those rows rather than guessed.

Total premium by quarter, trend

PeriodTotal, India premiumPolicies
Q2 FY25-26₹4,50,085 lakh15,49,479
Q3 FY25-26₹3,94,843.86 lakh17,02,116
Q4 FY25-26₹3,30,748 lakh16,80,621
Q1 FY26-27₹5,24,854 lakh16,02,963