Factuary

Star Health Insurance Combined Ratio

100.0%
Q1 FY26-27
Lower is better

Star Health and Allied Insurance's combined ratio was 100.02% 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 FY26-27100.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-2694.7 %NL-20-ANALYTICAL-RATIOS2026-10-31
Q3 FY25-26102.1 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-26103.8 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q1 FY25-26102.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-2599.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-25103.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-25103.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY24-2599.1 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-2492.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY23-2497.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY23-2499.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-2497.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-2391.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-2394.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-2397.9 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-2398.2 %NL-20-ANALYTICAL-RATIOS2026-10-26

Provenance

Reported by
Star Health Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY26-27
Source document
2026-2027_Q1_PD_FY_27_Q1_V2_6aad7ae1f8.pdf · Star Health 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 Star Health Insurancecombined ratio across all insurers →Source documents