Niva Bupa’s IFRS PAT More Than Doubles in Q2’FY26; Retail Health GWP Up 24.5% YoY

Niva Bupa Health Insurance Company Limited announced its Q2 FY’26 performance, with Profit After Tax (IFRS) more than doubling to X62 crore from %24 crore in Q2FY’25. Retail Health GWP grew by 24.5% YoY, while the Combined Insurance Service Ratio (IFRS) for the quarter improved by 141 bps from Q2'FY25. The company reported overall GWP of 2,108 crore on a without 1/n basis for Q2 FY’26 and 3,983 crore for H1 FY’26. Niva Bupa maintained a strong Claims Settlement Ratio of 95.2%, and the Solvency Ratio improved significantly to 2.85x. The company covers 23.14 million lives as of end Q2 FY’26.