Personal Accident Combined Ratio in Indian Insurance

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Definition

Segment-level combined ratio for Personal Accident, 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)

#InsurerPersonal Accident Combined Ratio (%)Period
1Raheja QBE General Insurance-24.0Q1 FY26-27
2HDFC ERGO General Insurance16.7Q1 FY26-27
3Navi General Insurance38.0Q1 FY26-27
4Shriram General Insurance41.6Q1 FY26-27
5SBI General Insurance57.4Q1 FY26-27
6ICICI Lombard General Insurance63.2Q1 FY26-27
7Acko General Insurance67.0Q1 FY26-27
8ManipalCigna Health Insurance71.0Q1 FY26-27
9Reliance General Insurance75.3Q1 FY26-27
10Niva Bupa Health Insurance79.3Q1 FY26-27
11Star Health Insurance80.2Q1 FY26-27
12Bajaj Allianz General Insurance82.1Q1 FY26-27
13Tata AIG General Insurance83.0Q1 FY26-27
14National Insurance Company86.1Q1 FY26-27
15Zurich Kotak General Insurance87.0Q1 FY26-27
16Oriental Insurance Company88.2Q1 FY26-27
17Universal Sompo General Insurance89.3Q1 FY26-27
18Digit General Insurance91.2Q1 FY26-27
19Aditya Birla Health Insurance97.0Q1 FY26-27
20Magma General Insurance108.0Q1 FY26-27
21IFFCO Tokio General Insurance109.9Q1 FY26-27
22Galaxy Health Insurance110.0Q1 FY26-27
23Generali Central Insurance (formerly Future Generali)116.0Q1 FY26-27
24Royal Sundaram General Insurance117.8Q1 FY26-27
25Zuno General Insurance124.0Q1 FY26-27
26Chola MS General Insurance125.3Q1 FY26-27
27New India Assurance134.6Q1 FY26-27
28Care Health Insurance136.0Q1 FY26-27
29Liberty General Insurance141.0Q1 FY26-27
30United India Insurance151.3Q4 FY25-26
31Kshema General Insurance406.4Q1 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