Niva Bupa PAT surges 124% to ₹136 Cr; GWP up 35%

Niva Bupa Health Insurance Company Ltd. reported a strong financial performance for Q2 FY27, with Gross Written Premium (GWP) growing 35% to ₹2,484 crores. The Retail Health business saw an impressive 47% expansion, reaching ₹1,876 crores in GWP. Profit After Tax (PAT) surged by 124% to ₹136 crores. The company maintained an 11% retail health market share and a Claim Settlement Ratio of 95.6% for H1 FY27. Direct channel emerged as the fastest-growing distribution channel at 46%. Over 90% of cashless claims were processed in under 30 minutes, with 39% auto-adjudicated using AI. Customer advocacy remained strong with a Weighted Episodal NPS of 63.