Quarterly Result31 Jul 2025, 06:17 pm
Niva Bupa Reports 97% PAT Growth in Q1 FY26, Achieves 10% Retail Health Market Share
AI Summary
Niva Bupa Health Insurance has announced its financial results for the first quarter of FY26. The company reported an IFRS PAT of 270.1 crore, reflecting a 97% growth. The Gross Written Premium (GWP) grew by 28% Y-o-Y to 21,875 crore and by 11% Y-o-Y to 31,632 crore. The number of lives insured surged by 50% Y-o-Y to 22.5 million. The company's retail market share improved to 10%, maintaining its position as one of India’s leading health insurers. The claims settlement ratio was 93.6% and the Expense of Management (EoM) ratio was 35.9%.
Key Highlights
- 97% growth in PAT
- GWP grew by 28% Y-o-Y to 21,875 crore
- Number of lives insured surged by 50% Y-o-Y to 22.5 million
- Improved retail market share to 10%
- Claims settlement ratio of 93.6% and EoM ratio of 35.9%