Niva Bupa Health Insurance Company Limited — Important, 31-07-2025: General Updates

Niva Bupa Health has announced its financial results for the quarter. Gross Premiums Written grew to 1,631.90 Cr year-on-year. However, the company reported an underwriting loss of 233.64 Cr and a net loss of 91.44 Cr for the period. Key metrics show challenges, with the Incurred Claim Ratio rising to 77.86% and the Combined Ratio to 116.97%. An accounting methodology change reduced gross written premium by 242.58 Cr, impacting operating profit. The Expenses of Management Ratio stood at 35.94%, and Solvency Ratio at 2.86. The company utilized 795.23 Cr from IPO proceeds for capital base augmentation.