SBI General Insurance — Revenue Mix & Quality of Business
SBI General Insurance's revenue mix was led by Health at 49.5% of gross direct premium for Q1 FY26-27, as reported in IRDAI form NL-4.
combined ratio, Q1 FY26-27
111.5%
+0.3 pts
incurred claims ratio, Q1 FY26-27
79.2%
−2.5 pts
net commission ratio, Q1 FY26-27
15.6%
+2.5 pts
expense ratio to gross premium, Q1 FY26-27
28.6%
+0.9 pts
Total gross direct premium, Q1 FY26-27
₹3,44,820 lakh
+11.4%
Largest line, Q1 FY26-27
Health
49.5% of gross direct premium
Revenue mix — % of gross direct premium by segment, Q2 FY25-26 to Q1 FY26-27
Segment
Q1 FY26-27
Q4 FY25-26
Q3 FY25-26
Q2 FY25-26
FY25-26
Fire
10.9%
6.8%
10.9%
9.3%
10.8%
Marine
1.2%
0.4%
0.7%
0.5%
0.6%
Marine segments (1)
Line
Q1 FY26-27
FY25-26
Marine Cargo
₹4,005 lakh
₹9,960 lakh
Motor
34.3%
33.7%
41.2%
29.6%
34.9%
Motor segments (2)
Line
Q1 FY26-27
FY25-26
Motor TP
₹62,025 lakh
₹3,00,295 lakh
Motor OD
₹56,299 lakh
₹2,43,595 lakh
Health
49.5%
46.6%
37.5%
34.1%
39.8%
Health segments (3)
Line
Q1 FY26-27
FY25-26
Health
₹1,26,312 lakh
₹4,37,178 lakh
Personal Accident
₹44,161 lakh
₹1,82,059 lakh
Travel
₹43 lakh
₹117 lakh
Other lines
4.2%
12.5%
9.7%
26.6%
13.8%
Other lines segments (5)
Line
Q1 FY26-27
FY25-26
Engineering
₹9,363 lakh
₹22,698 lakh
Liability
₹4,029 lakh
₹12,783 lakh
Crop
₹799 lakh
₹1,78,901 lakh
Workmen's Comp.
₹314 lakh
₹1,056 lakh
Aviation
Not disclosed
₹21 lakh
% of gross direct premium per IRDAI Form NL-4 (Premium Schedule); FY columns sum all four quarters' "for the quarter" figures and only appear for fiscal years where all four quarters are available — an incomplete year isn't shown as an annual total. Health includes Personal Accident and Travel; click a line with more than one segment to see its own breakdown (latest quarter and latest complete fiscal year only — quarterly splits for lines this small are noisy to trend). The tiles above are company-wide ratios, as filed — not segment-specific; segment-level incurred claims ratio for the largest lines (IRDAI Forms NL-5 / NL-20 segmental) hasn't been extracted for this insurer yet, so it isn't shown here rather than estimated. SeeUnderwriting Performance for the full per-segment history.