Gross NPA Ratio in Indian Insurance
Definition
Gross Non-Performing Assets as a percentage of total investments or advances. For insurers, NPAs arise from fixed deposits, bonds, or other debt instruments in default or where interest/principal is overdue. A higher ratio indicates greater credit risk in the investment portfolio.
Note: NL-20 analytical ratios. NPAs for insurers are uncommon but relevant for those with corporate bond or infrastructure bond exposure. Gross NPA is before provisions; compare with financial.net_npa_ratio for post-provision view.
Source form: NL-20 ·Source documents
Lowest to Highest
Latest available value per insurer (periods range from Q1 FY21-22 – Q1 FY26-27 — see the Period column for each insurer's actual reporting date)
| # | Insurer | Gross NPA Ratio (%) | Period |
|---|---|---|---|
| 1 | Reliance General Insurance | 0.00 | Q1 FY26-27 |
| 2 | Aditya Birla Health Insurance | 0.00 | Q1 FY26-27 |
| 3 | Bajaj Allianz General Insurance | 0.00 | Q1 FY26-27 |
| 4 | Niva Bupa Health Insurance | 0.00 | Q1 FY26-27 |
| 5 | Zuno General Insurance | 0.00 | Q1 FY26-27 |
| 6 | Raheja QBE General Insurance | 0.00 | Q4 FY25-26 |
| 7 | Navi General Insurance | 0.00 | Q2 FY25-26 |
| 8 | Star Health Insurance | 0.00 | Q2 FY24-25 |
| 9 | IFFCO Tokio General Insurance | 0.00 | Q3 FY23-24 |
| 10 | Royal Sundaram General Insurance | 0.06 | Q4 FY25-26 |
| 11 | New India Assurance | 0.21 | Q1 FY26-27 |
| 12 | Agriculture Insurance Company of India | 0.25 | Q1 FY26-27 |
| 13 | Generali Central Insurance (formerly Future Generali) | 0.36 | Q3 FY24-25 |
| 14 | HDFC ERGO General Insurance | 0.59 | Q1 FY25-26 |
| 15 | National Insurance Company | 0.75 | Q1 FY26-27 |
| 16 | United India Insurance | 1.00 | Q4 FY25-26 |
| 17 | Acko General Insurance | 1.18 | Q1 FY21-22 |
| 18 | Oriental Insurance Company | 1.93 | Q1 FY22-23 |
| 19 | Chola MS General Insurance | 14.00 | Q4 FY22-23 |
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