Niva Bupa Health Insurance Company Limited — Board Meeting, 07-05-2025: Outcome of Board Meeting

Niva Bupa reported a strong year with net profit surging to Rs. 206.08 Cr, up 2.6x from Rs. 81.85 Cr, fueled by a 20.6% rise in net premium to Rs. 489.45 Cr and better investment income. The combined ratio improved to 101.22%, signaling tighter underwriting, though underwriting losses widened to Rs. 249.76 Cr. The solvency ratio remains robust at 3.03x. The board approved the financial results but decided against declaring any dividends. IPO proceeds of Rs. 800 Cr have been fully deployed to bolster capital and solvency.