Niva Bupa Health Insurance has announced its financial results for the first half of FY2027 (H1’FY27). The company achieved a Gross Written Premium (GWP) of ₹4,634 crore, marking a substantial 33.4% year-on-year growth. Profit After Tax (PAT) also saw significant improvement, more than doubling to ₹273.4 crore from ₹132.0 crore in the prior year period, reflecting robust business performance and strategic execution.
Niva Bupa H1 FY27 Performance Highlights
Niva Bupa Health Insurance Company Limited has reported strong financial results for the first half of the financial year 2027 (H1’FY27), ending September 30, 2026. The company demonstrated robust growth across key financial metrics, underscoring its expanding market presence and operational efficiency.
Key Financial Metrics
- Gross Written Premium (GWP): Niva Bupa achieved a GWP of ₹4,634 crore in H1’FY27, representing a significant 33.4% year-on-year growth on an ‘on-limits’ (1/n) basis.
- Profit After Tax (PAT): The company’s Profit After Tax (PAT) more than doubled to ₹273.4 crore in H1’FY27, compared to ₹132.0 crore in H1’FY26, as per Ind AS reporting.
- Combined Insurance Service Ratio (CISR): The CISR for H1’FY27 stood at 99.5%, an improvement from 103.1% in H1’FY26.
- Retail Health Market Share: Niva Bupa’s market share in the retail health segment reached 11.0% in H1’FY27, up from 9.9% in H1’FY26.
MD & CEO Commentary
The MD & CEO highlighted the company’s strong performance in the context of a growing Indian economy and a robust general insurance sector. The health segment, in particular, showed exceptional growth. The company also received recognition through various awards for product innovation and marketing, and was honored at the EduSkills Summit 2026 for outstanding learning organization. The Weighted Episodal NPS improved to 63, reflecting a continued focus on service excellence.
Executive Summary of H1’FY27 Performance
The executive summary table provides a detailed breakdown of key performance indicators for H1’FY27 compared to H1’FY26. This includes GWP (with and without 1/n), Profit After Tax, Combined Insurance Service Ratio, Claims Settlement Ratio, Retail Health GWP and Market Share, Renewal Rate for Retail Health Indemnity, and Weighted Episodal NPS. Notable improvements are seen in GWP, PAT, and Retail Health Market Share.
Source: BSE
