Shriram General Insurance Net Commission Ratio

25.6%
Q1 FY26-27
Size indicator — not ranked

Shriram General Insurance's net commission ratio was 25.62% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Net commission income as a percentage of Net Written Premium. Net commission = reinsurance commission received minus commission paid to intermediaries. A positive net commission ratio means reinsurance arrangements generate more commission income than the insurer pays out to agents and brokers.

Note: NL-20 analytical ratios. A negative ratio means the insurer pays out more in distribution costs than it recovers from reinsurers.

Historical Data

PeriodValueSource formData as of
Q1 FY26-2725.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-2623.6 %NL-20-ANALYTICAL-RATIOS2026-10-31
Q3 FY25-2621.7 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-2621.8 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q1 FY25-2621.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-2525.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-2518.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-2521.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY24-2524.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-2423.9 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY23-2424.1 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY23-2423.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-2422.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-235.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-235.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-235.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-235.5 %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: net_commission_ratio