Factuary

Shriram General Insurance Combined Ratio

104.7%
Q1 FY26-27
Lower is better

Shriram General Insurance's combined ratio was 104.67% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

What this measures

Sum of the Incurred Claims Ratio and the Expense of Management Ratio as defined in IRDAI NL-20. Below 100% = underwriting profitability. Note: two different denominators — net earned premium (claims) and net written premium (expenses).

Note: Regulatory-native from NL-20. Not applicable to life insurers (different accounting model).

Historical Data

PeriodValueSource formData as of
Q1 FY26-27104.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-2699.6 %NL-20-ANALYTICAL-RATIOS2026-10-31
Q3 FY25-2698.6 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-26104.7 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q1 FY25-26108.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-25102.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-2595.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-2599.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY24-25110.9 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-2495.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY23-2495.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY23-2496.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-24111.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-2386.1 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-23107.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-23107.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-23122.1 %NL-20-ANALYTICAL-RATIOS2026-10-26

Provenance

Reported by
Shriram General Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
c7925595-ce45-4fdc-b77e-a2c417916f24_SGI_Disclosure_1st_Qtr_2026_27.pdf · Shriram General Insurance's disclosure page
Extracted by
irw_adapter v1
Last verified
2026-10-26
Note
NL-20 row-format label match: combined_ratio
← All metrics for Shriram General Insurancecombined ratio across all insurers →Source documents