Operating Profit Ratio in Indian Insurance
%generalhealthRegulatory native
Definition
Operating profit as a percentage of Net Written Premium. Operating profit = Underwriting Balance + Net Investment Income. Unlike the underwriting balance ratio, this includes investment returns — making it positive for most insurers even when underwriting is in deficit.
Note: NL-20 analytical ratios. Display with sign. A positive operating profit ratio with a negative underwriting balance ratio indicates the insurer relies on investment income to cover underwriting losses.
Source form: NL-20 ·Source documents
Highest to Lowest
Latest available value per insurer — 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