Zurich Kotak General Insurance — Underwriting Performance
Zurich Kotak General Insurance: Health led at 30.8% of gross direct premium (₹19,221 lakh) for Q1 FY26-27, per IRDAI form NL-4.
Business mix by segment — Q1 FY26-27
| Classification | Gross direct premium | Share of business | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail | ₹24,507 lakh | 39.2% | |||||||||||||||||||||||||||
Retail segments (2)
| |||||||||||||||||||||||||||||
| Hybrid | ₹21,072 lakh | 33.7% | |||||||||||||||||||||||||||
Hybrid segments (3)
| |||||||||||||||||||||||||||||
| Commercial | ₹16,913 lakh | 27.1% | |||||||||||||||||||||||||||
Commercial segments (9)
| |||||||||||||||||||||||||||||
| Grand total | ₹62,492 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 | ₹6,360 lakh | ₹15,115 lakh | ₹4,924 lakh | ₹3,208 lakh | 10.2% |
| Marine Cargo GDP | ₹3,288 lakh | ₹3,412 lakh | ₹1,160 lakh | ₹622 lakh | 5.3% |
| Marine Hull GDP | ₹0 lakh | ₹0 lakh | ₹0 lakh | ₹0 lakh | 0.0% |
| Motor OD GDP | ₹12,994 lakh | ₹13,647 lakh | ₹12,295 lakh | ₹11,676 lakh | 20.8% |
| Motor TP GDP | ₹11,513 lakh | ₹13,641 lakh | ₹12,169 lakh | ₹10,543 lakh | 18.4% |
| Health GDP | ₹19,221 lakh | ₹16,349 lakh | ₹13,062 lakh | ₹14,482 lakh | 30.8% |
| Personal Accident GDP | ₹1,622 lakh | ₹2,156 lakh | ₹2,133 lakh | ₹1,326 lakh | 2.6% |
| Travel GDP | ₹229 lakh | ₹94 lakh | ₹62 lakh | ₹52 lakh | 0.4% |
| Workmen's Comp. GDP | ₹278 lakh | ₹190 lakh | ₹163 lakh | ₹83 lakh | 0.4% |
| Liability GDP | ₹4,210 lakh | ₹2,790 lakh | ₹1,754 lakh | ₹347 lakh | 6.7% |
| Engineering GDP | ₹970 lakh | ₹1,529 lakh | ₹1,401 lakh | ₹418 lakh | 1.6% |
| Aviation GDP | ₹0 lakh | ₹0 lakh | ₹0 lakh | ₹0 lakh | 0.0% |
| Crop GDP | ₹0 lakh | ₹0 lakh | ₹0 lakh | ₹0 lakh | 0.0% |
| Other GDP | ₹1,807 lakh | Not disclosed | ₹1,902 lakh | ₹1,848 lakh | 2.9% |
| Total gross direct premium | ₹62,492 lakh | ₹68,923 lakh | ₹51,025 lakh | ₹44,605 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 | 42.0% | 80.0% |
| Marine Cargo | 126.0% | 198.0% |
| Motor OD | 92.0% | 147.0% |
| Motor TP | 106.0% | 150.0% |
| Health | 77.0% | 115.0% |
| Personal Accident | 33.0% | 87.0% |
| Travel | 102.0% | 222.0% |
| Workmen's Comp. | 24.0% | 63.0% |
| Liability | 72.0% | 118.0% |
| Engineering | 26.0% | 85.0% |
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.
Provenance (Health GDP, latest quarter)
- Reported by
- Zurich Kotak General Insurance
- Regulatory form
- NL-4-PREMIUM-SCHEDULE · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- pdfs/zurich-kotak/NL_4_Premium_8b438a4c5d.pdf · Zurich Kotak General Insurance's disclosure page
- Extracted by
- irw_adapter v1
- Last verified
- 2026-10-25
- Note
- NL-4 segment GDP, for the quarter (sum=62,492 vs Grand Total=62492.0)