Reliance General Insurance Debt To Equity Ratio

0.33×
Q1 FY26-27
Lower is better

Reliance General Insurance's debt to equity ratio was 0.33× for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Total borrowings (debt) as a multiple of Net Worth (equity). Measures financial leverage. A higher ratio means the insurer has taken on more debt relative to its capital base, increasing financial risk. Most well-capitalised insurers carry low D/E ratios.

Note: NL-20 analytical ratios. A ratio of 0 means no borrowings. Insurance regulation limits leverage, so high D/E is uncommon for licensed Indian insurers.

Historical Data

PeriodValueSource formData as of
Q1 FY26-270.33 ×NL-20-ANALYTICAL-RATIOS2026-09-10
Q4 FY25-260.25 ×NL-20-ANALYTICAL-RATIOS2026-09-10
Q3 FY25-260.17 ×NL-20-ANALYTICAL-RATIOS2026-09-10
Q2 FY25-260.22 ×NL-20-ANALYTICAL-RATIOS2026-09-10
Q1 FY25-260.16 ×NL-20-ANALYTICAL-RATIOS2026-09-10

Provenance

Reported by
Reliance General Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
2026-06-30_nl20.pdf · Reliance General Insurance's disclosure page
Extracted by
nonlife_adapter.py v1
Last verified
2026-09-10
Note
NL-20 row-format label match: debt_equity_ratio