Net Commission Ratio in Indian Insurance

Definition

Net commission income as a percentage of Net Written Premium. Net commission = reinsurance commission received minus commission paid to intermediaries. A positive net commission ratio means reinsurance arrangements generate more commission income than the insurer pays out to agents and brokers.

Note: NL-20 analytical ratios. A negative ratio means the insurer pays out more in distribution costs than it recovers from reinsurers.

All Insurers

Latest available value per insurer — Q1 FY26-27

This is a size metric. A larger value means the insurer is bigger — it is not a performance indicator. No rank position is shown.

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