Engineering Combined Ratio in Indian Insurance

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Definition

Segment-level combined ratio for Engineering, from IRDAI Form NL-20's own segmental analytical-ratios table (not the company-wide NL-20 figure). Below 100% = underwriting profitability for this segment specifically.

Note: IRDAI Form NL-20 (Analytical Ratios Schedule), segmental breakdown page, 'Current Period' row for this segment.

Source form: NL-20 ·Source documents

Lowest to Highest

Latest available value per insurer (periods range from Q4 FY25-26 – Q1 FY26-27 — see the Period column for each insurer's actual reporting date)

#	Insurer	Engineering Combined Ratio (%)	Period
1	Raheja QBE General Insurance	-1918.0	Q1 FY26-27
2	Zuno General Insurance	-308.0	Q1 FY26-27
3	Navi General Insurance	-38.0	Q1 FY26-27
4	Bajaj Allianz General Insurance	26.7	Q1 FY26-27
5	Digit General Insurance	38.1	Q1 FY26-27
6	Universal Sompo General Insurance	73.3	Q1 FY26-27
7	Oriental Insurance Company	74.9	Q1 FY26-27
8	SBI General Insurance	84.6	Q1 FY26-27
9	Zurich Kotak General Insurance	85.0	Q1 FY26-27
10	ICICI Lombard General Insurance	85.2	Q1 FY26-27
11	National Insurance Company	89.1	Q1 FY26-27
12	Reliance General Insurance	93.6	Q1 FY26-27
13	United India Insurance	97.9	Q4 FY25-26
14	New India Assurance	109.6	Q1 FY26-27
15	IFFCO Tokio General Insurance	112.1	Q1 FY26-27
16	Magma General Insurance	132.5	Q1 FY26-27
17	Chola MS General Insurance	138.7	Q1 FY26-27
18	HDFC ERGO General Insurance	141.9	Q1 FY26-27
19	Tata AIG General Insurance	171.0	Q1 FY26-27
20	Generali Central Insurance (formerly Future Generali)	205.0	Q1 FY26-27
21	Royal Sundaram General Insurance	229.0	Q1 FY26-27
22	Shriram General Insurance	233.1	Q1 FY26-27
23	Liberty General Insurance	444.0	Q1 FY26-27
24	Kshema General Insurance	811.8	Q1 FY26-27

Source: IRDAI public disclosures (NL-20). Click an insurer name for full provenance and historical data.
Machine-readable: this metric as JSON · all facts as CSV