Factuary

Raheja QBE General Insurance Insurance Data

generalRegistration number unverified

Joint venture between K. Raheja Corp and QBE Insurance Group, Australia.

HQ: Mumbai
Website ↗
IRDAI Disclosures ↗
Provenance note: The IRDAI registration number for this insurer is not yet verified from the official IRDAI registry. Data is published as filed, but treat with care for regulatory comparisons.

Raheja QBE General Insurance is a general insurance company licensed by IRDAI. Its solvency ratio of 1.98× as of Q1 FY26-27 exceeds the IRDAI mandatory minimum of 1.5×, ranking 12th among 27 general insurers. The company reported gross written premium of ₹353 crore in FY24-25, ranking 25th by premium among 26 general insurers. Its incurred claim ratio of 68.0% in Q1 FY26-27 is below the general insurer median of 85.6%, ranking 1st among 27 general insurers. Its combined ratio of 121.7% in Q1 FY26-27 is above 100%.

Peer rank among general insurers with data for that metric. Not shown when fewer than 3 peers have data.

A snapshot, not a time series — see Underwriting Performance, Revenue Mix and Distribution Mix for how these move quarter to quarter.

How to read this page

GWP — Gross Written Premium: total premium underwritten, including any reinsurance accepted.
GDPI — Gross Direct Premium Income: premium from direct business only. Insurers disclose both; they are not the same number.
ICR — Incurred Claims Ratio: net incurred claims ÷ net earned premium.
Commission ratio — net commission paid ÷ net written premium.
Combined ratio — (incurred claims + expenses + commission) ÷ net earned premium. Below 100% means an underwriting profit, before investment income.
Solvency ratio — available solvency margin ÷ required solvency margin. IRDAI's regulatory minimum is 1.50×.

This page shows figures in ₹ crore; the detail pages it links to (Underwriting Performance, Distribution Mix) show the same facts in ₹ lakh as filed. Where a filing for a given period couldn't be located, this site says "Not disclosed" rather than estimating.

GWP, FY24-25
₹353 cr
GDPI, Q1 FY26-27
₹53 cr
Gross Direct Premium Income

Raheja QBE General Insurance: Retail business — Motor — made up 47.2% of gross direct premium in Q1 FY26-27; Brokers carried 94.4% of premium in Q1 FY26-27.

Line of business — Q1 FY26-27 (₹ crore, % of GDPI)

Retail: bought directly by an individual (Motor). Hybrid: designed for individuals but sold in a group structure (Health, Personal Accident, Travel). Commercial: the end beneficiary is a business (Fire, Marine, Engineering, Liability, Aviation, Crop, Credit and other specialty lines).

SegmentGross direct premiumShare
Retail₹25 cr47.2%
Hybrid₹5 cr8.4%
Commercial₹24 cr44.4%
Grand total₹53 cr100%

Retail/Hybrid/Commercial is this site's own classification of IRDAI's filed segments, not an IRDAI-defined category — see Underwriting Performance for the full per-segment detail this rolls up from.

Channel mix — Q1 FY26-27 (₹ crore, % of premium)

ChannelPremiumShare
Brokers₹54 cr94.4%
Direct non-website₹2 cr3.6%
Agents/POSP₹1 cr1.9%
Direct Website₹0 cr0.1%
Corporate Agents₹0 cr0.0%
Others₹0 cr0.0%
Total₹57 cr100%

Regrouped from IRDAI Form NL-36's finer channel list — Agents/POSP = Individual agents + Point of Sales Persons; Others = Micro agents, Common Service Centres, Insurance Marketing Firms, MISP, Web aggregators and Referral arrangements. See Distribution Mix for the full unrounded breakdown.

Full data, every metric

Premium

gross written premium₹353 croreFY24-25Statement-7

Solvency

solvency ratio1.98×Q1 FY26-27NL-26-SOLVENCY-MARGIN

Solvency Margin

required solvency margin₹14,384 lakhQ1 FY26-27NL-26-SOLVENCY-MARGIN
available solvency margin₹28,503 lakhQ1 FY26-27NL-26-SOLVENCY-MARGIN

Claim Settlement

claim settlement ratio77.7%FY24-25Handbook-Table-53

Incurred Claims

incurred claims ratio68.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Combined Ratio

combined ratio121.7%Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Expense Ratio

expense ratio53.7%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
expense ratio to gross premium38.6%Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Financial Position

profit after tax₹20 croreQ1 FY26-27NL-2-B-PL
profit before tax₹20 croreQ1 FY26-27NL-2-B-PL

Underwriting

investment income ratio1.8%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
net retention ratio57.3%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
net commission ratio24.2%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
operating profit ratio28.3%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
underwriting balance ratio1.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
net earning ratio-33.4%Q4 FY25-26NL-20-ANALYTICAL-RATIOS
gross direct premium to net worth ratio18.00×Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Growth

gross direct premium growth rate30.8%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
net worth growth rate9.5%Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Distribution by Channel

MISP (Direct) policies2Q1 FY26-27NL-36-BUSINESS-CHANNELS
Brokers policies17,790Q1 FY26-27NL-36-BUSINESS-CHANNELS
MISP (Direct) premium₹0 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Direct Business – Others premium₹204 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Direct Business – Officers/Employees policies1Q1 FY26-27NL-36-BUSINESS-CHANNELS
Web Aggregators premium₹0 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Point of Sales Person (Direct) policies640Q1 FY26-27NL-36-BUSINESS-CHANNELS
Insurance Marketing Firm policies0Q1 FY26-27NL-36-BUSINESS-CHANNELS
Brokers premium₹5,426 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Corporate Agents – Banks policies0Q1 FY26-27NL-36-BUSINESS-CHANNELS
Direct Business – Others policies48Q1 FY26-27NL-36-BUSINESS-CHANNELS
Corporate Agents – Others policies18Q1 FY26-27NL-36-BUSINESS-CHANNELS
Referral Arrangements policies0Q1 FY26-27NL-36-BUSINESS-CHANNELS
Individual Agents policies14Q1 FY26-27NL-36-BUSINESS-CHANNELS
Micro Agents policies0Q1 FY26-27NL-36-BUSINESS-CHANNELS
Corporate Agents – Others premium₹2 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Individual Agents premium₹32 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Web Aggregators policies0Q1 FY26-27NL-36-BUSINESS-CHANNELS
Common Service Centres (CSC) policies0Q1 FY26-27NL-36-BUSINESS-CHANNELS
Direct Business – Online premium₹5 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Direct Business – Officers/Employees premium₹0 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Direct Business – Online policies123Q1 FY26-27NL-36-BUSINESS-CHANNELS
Point of Sales Person (Direct) premium₹78 lakhQ1 FY26-27NL-36-BUSINESS-CHANNELS
Insurance Marketing Firm premium₹0 lakhQ4 FY25-26NL-36-BUSINESS-CHANNELS

Investment Mix

government securities34,374 INR_lakhsQ1 FY26-27NL-12-INVESTMENT-SCHEDULE
mutual funds3,780 INR_lakhsQ1 FY26-27NL-12-INVESTMENT-SCHEDULE
infrastructure & housing20,785 INR_lakhsQ1 FY26-27NL-12-INVESTMENT-SCHEDULE
other investments2,340 INR_lakhsQ1 FY26-27NL-12-INVESTMENT-SCHEDULE
debentures & bonds40,693 INR_lakhsQ1 FY26-27NL-12-INVESTMENT-SCHEDULE

Investment Exposure Norms

central govt. securities33.7%Q1 FY26-27NL-28B-EXPOSURE-NORMS
govt + approved securities33.7%Q1 FY26-27NL-28B-EXPOSURE-NORMS
housing & infrastructure34.2%Q1 FY26-27NL-28B-EXPOSURE-NORMS

Investment NPA

gross npa (amount)0 INR_lakhsQ1 FY26-27NL-30-NON-PERFORMING-ASSETS
gross npa ratio0.00%Q1 FY26-27NL-30-NON-PERFORMING-ASSETS
npa provision coverage0.0%Q1 FY26-27NL-30-NON-PERFORMING-ASSETS

Investment Yield

net yield (quarterly)5.24%Q1 FY26-27NL-31-INVESTMENT-INCOME
gross yield (quarterly)7.08%Q1 FY26-27NL-31-INVESTMENT-INCOME
gross yield (annualized)6.95%FY25-26NL-31-INVESTMENT-INCOME
net yield (annualized)5.14%FY25-26NL-31-INVESTMENT-INCOME

Revenue Mix by Segment

fire segment premium₹166 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
personal accident segment premium₹-1 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
engineering segment premium₹57 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
workmen's compensation segment premium₹184 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
liability segment premium₹1,963 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
motor OD segment premium₹923 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
motor TP segment premium₹1,599 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
health segment premium₹452 lakhQ1 FY26-27NL-4-PREMIUM-SCHEDULE
marine cargo segment premium₹0 lakhQ4 FY25-26NL-4-PREMIUM-SCHEDULE

Other Claims

claims repudiation ratio2.73%FY24-25Handbook-Table-53
claims paid to provisioned ratio14.9%Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Per Share

book value per share₹5.93Q4 FY25-26NL-20-ANALYTICAL-RATIOS
earnings per share₹-0.84Q4 FY25-26NL-20-ANALYTICAL-RATIOS

Balance Sheet

net NPA ratio0.00%Q4 FY25-26NL-20-ANALYTICAL-RATIOS
gross NPA ratio0.00%Q4 FY25-26NL-20-ANALYTICAL-RATIOS
technical reserves to premium ratio19.6%Q1 FY26-27NL-20-ANALYTICAL-RATIOS

Other

engineering incurred claims ratio-2,398.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
personal accident incurred claims ratio-29.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
workmen's compensation incurred claims ratio70.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
motor od incurred claims ratio81.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
health incurred claims ratio77.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
liability incurred claims ratio28.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
fire incurred claims ratio57.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
marine cargo incurred claims ratio0.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
travel incurred claims ratio0.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
motor tp incurred claims ratio73.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
other incurred claims ratio192.0%Q4 FY25-26NL-20-ANALYTICAL-RATIOS
health combined ratio105.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
marine cargo combined ratio0.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
fire combined ratio379.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
personal accident combined ratio-24.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
travel combined ratio0.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
liability combined ratio80.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
motor tp combined ratio122.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
workmen's compensation combined ratio110.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
motor od combined ratio143.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
engineering combined ratio-1,918.0%Q1 FY26-27NL-20-ANALYTICAL-RATIOS
other combined ratio633.0%Q4 FY25-26NL-20-ANALYTICAL-RATIOS

Data from IRDAI public disclosures. Click a metric name for full history and provenance.

Compare & Reports

Raheja QBE General Insurance financial performance — quarterly ratios →

Raheja QBE General Insurance underwriting performance — by segment →

Raheja QBE General Insurance revenue mix & quality of business →

Raheja QBE General Insurance distribution mix — by channel →

Compare Raheja QBE General Insurance against another general insurer →

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