SBI General Insurance: Health led at 36.6% of gross direct premium (₹1,26,312 lakh) for Q1 FY26-27, per 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 segment, Q1 FY26-27
Health
36.6% of gross direct premium
Business mix by segment — Q1 FY26-27
Classification
Gross direct premium
Share of business
Retail
₹1,18,324 lakh
34.3%
Retail segments (2)
Motor TP
₹62,025 lakh
52.4%
Motor OD
₹56,299 lakh
47.6%
Hybrid
₹1,70,516 lakh
49.5%
Hybrid segments (3)
Health
₹1,26,312 lakh
74.1%
Personal Accident
₹44,161 lakh
25.9%
Travel
₹43 lakh
0.0%
Commercial
₹55,980 lakh
16.2%
Commercial segments (6)
Fire
₹37,470 lakh
66.9%
Engineering
₹9,363 lakh
16.7%
Liability
₹4,029 lakh
7.2%
Marine Cargo
₹4,005 lakh
7.2%
Crop
₹799 lakh
1.4%
Workmen's Comp.
₹314 lakh
0.6%
Grand total
₹3,44,820 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
₹37,470 lakh
₹34,556 lakh
₹37,823 lakh
₹36,705 lakh
10.9%
Marine Cargo GDP
₹4,005 lakh
₹1,943 lakh
₹2,475 lakh
₹2,112 lakh
1.2%
Marine Hull GDP
Not disclosed
Not disclosed
Not disclosed
Not disclosed
—
Motor OD GDP
₹56,299 lakh
₹76,396 lakh
₹61,984 lakh
₹51,493 lakh
16.3%
Motor TP GDP
₹62,025 lakh
₹94,063 lakh
₹81,021 lakh
₹65,339 lakh
18.0%
Health GDP
₹1,26,312 lakh
₹1,83,708 lakh
₹83,513 lakh
₹85,715 lakh
36.6%
Personal Accident GDP
₹44,161 lakh
₹51,378 lakh
₹46,838 lakh
₹48,875 lakh
12.8%
Travel GDP
₹43 lakh
₹27 lakh
₹26 lakh
₹30 lakh
0.0%
Workmen's Comp. GDP
₹314 lakh
₹279 lakh
₹237 lakh
₹260 lakh
0.1%
Liability GDP
₹4,029 lakh
₹3,548 lakh
₹2,810 lakh
₹3,342 lakh
1.2%
Engineering GDP
₹9,363 lakh
₹6,885 lakh
₹5,547 lakh
₹5,474 lakh
2.7%
Aviation GDP
Not disclosed
₹0 lakh
₹0 lakh
₹17 lakh
—
Crop GDP
₹799 lakh
₹52,291 lakh
₹25,186 lakh
₹95,963 lakh
0.2%
Other GDP
Not disclosed
Not disclosed
Not disclosed
Not disclosed
—
Total gross direct premium
₹3,44,820 lakh
₹5,05,074 lakh
₹3,47,460 lakh
₹3,95,325 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
75.2%
276.7%
Marine Cargo
175.2%
196.8%
Motor OD
83.9%
149.6%
Motor TP
88.2%
146.8%
Health
88.2%
111.6%
Personal Accident
42.9%
57.4%
Travel
64.9%
103.9%
Workmen's Comp.
64.7%
101.6%
Liability
89.7%
112.2%
Engineering
80.1%
84.6%
Aviation
100.0%
100.0%
Crop
-21.7%
722.8%
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.
EverythingInsurance Research (vendor-compiled dataset, textplor.com, offline 2026-10-26)
Last verified
2026-10-26
Note
Vendor-aggregated dataset, not pulled directly from insurer's own public disclosure page. Gap-fill only (no existing value for this insurer/metric/period). Cross-check against insurer's own source queued separately -- see project-log/quarterly-update-runbook.md.