Factuary

Star Health Insurance Incurred Claims Ratio

68.0%
Q1 FY26-27
Lower is better

Star Health and Allied Insurance's incurred claims ratio was 68.03% for Q1 FY26-27, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

What this measures

Net incurred claims as a percentage of net earned premium, from IRDAI NL-20. Net incurred claims = gross claims incurred − reinsurance recoveries.

Note: NL-20 analytical ratios. Lower = better underwriting performance.

Historical Data

PeriodValueSource formData as of
Q1 FY26-2768.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY25-2664.8 %NL-20-ANALYTICAL-RATIOS2026-10-31
Q3 FY25-2668.5 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q2 FY25-2671.5 %NL-20-ANALYTICAL-RATIOS2026-10-28
Q1 FY25-2669.5 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY24-2569.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY24-2571.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY24-2572.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY24-2567.6 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY23-2464.1 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY23-2467.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY23-2468.7 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY23-2465.4 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q4 FY22-2362.0 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q3 FY22-2363.8 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q2 FY22-2368.2 %NL-20-ANALYTICAL-RATIOS2026-10-26
Q1 FY22-2366.3 %NL-20-ANALYTICAL-RATIOS2026-10-26
FY21-2287.1 %Statement-102026-09-10
FY20-2194.4 %Statement-132026-09-10
FY19-2065.9 %Statement-132026-09-10

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: icr
← All metrics for Star Health Insuranceincurred claims ratio across all insurers →Source documents