Technical Reserves To Premium Ratio in Indian Insurance

Definition

Technical Reserves (unexpired risk reserves + outstanding claims reserves + IBNR) as a percentage of Net Written Premium. Measures the adequacy of liabilities held for future obligations relative to premium volume. A very low ratio may indicate under-reserving; a very high ratio may reflect conservative provisioning or a long-tail portfolio.

Note: NL-20 analytical ratios. Interpretation depends on the lines of business written — long-tail lines (liability, marine) carry reserves much longer than short-tail lines (motor OD, fire).

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