Niva Bupa Health Insurance Company Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

Niva Bupa Health Insurance announced a board meeting on July 31, 2025. Following a review by the Audit Committee, the board approved the unaudited financial results for the quarter ended June 30, 2025.

**Q1 FY25 Highlights:** Gross Premiums Written hit **₹1,631.90 Cr**. However, the company reported a net loss of **₹91.44 Cr**, with underwriting losses at **₹233.64 Cr**. Solvency improved to 2.86, and the Expense of Management ratio decreased to 35.94%. The Incurred Claim Ratio deteriorated to 77.86%. No dividend declared. Also, 1.80 Cr equity shares were allotted via employee stock options. The company highlighted new contingent liabilities of **₹98.79 Cr** for tax matters and an ongoing **₹22.13 Cr** GST refund appeal.