Quarterly Result7 May 2025, 07:35 pm
Niva Bupa Health Insurance Closes FY25 with INR 7,407 Cr GWP; PAT More Than Doubles
AI Summary
Niva Bupa Health Insurance Company Limited, one of India’s leading standalone health insurers, announced its financial results for the quarter and full financial year ending March 31, 2025. The company’s PAT grew to INR 214 cr in FY25 against 82 cr in FY24, demonstrating 161% YOY growth. In Q4 FY25, Niva Bupa achieved a GWP of INR 2,395 crores, reflecting a strong year-on-year growth of 36%. For the full financial year FY25, the company recorded a GWP of INR 7,407 crores, marking a 32% year-on-year growth. The company’s strong financial and operational performance has also translated into market leadership, with Niva Bupa increasing its Retail Health Market Share from 9.1% in FY24 to 9.4% in FY25.
Key Highlights
- PAT grew by 161% YOY in FY25
- Q4 FY25 GWP increased by 36% YOY
- FY25 GWP grew by 32% YOY
- Retail Health Market Share increased from 9.1% in FY24 to 9.4% in FY25
- Claims Settlement Ratio improved from 91.9% in FY24 to 92.4% in FY25