Niva Bupa Health Insurance reported a robust performance for the nine months ending December 31, 2025. Gross Written Premium (GWP) grew by 25.9% to ₹6,309 crore. The company’s IFRS profit after tax reached ₹208 crore, a substantial increase from ₹120 crore in the same period last year. The Retail Health market share stands at 10.0%.
Financial Highlights for 9M’FY26
Niva Bupa Health Insurance has demonstrated strong financial results for the first three quarters of fiscal year 2026. Key performance indicators include:
- Gross Written Premium (GWP): Increased by 25.9% year-over-year, reaching ₹6,309.4 crore.
- IFRS Profit After Tax: Significant growth to ₹208.3 crore compared to ₹120 crore in the prior year.
- Retail Health GWP: Achieved ₹4,411.1 crore.
- Retail Health Market Share: Reached 10.0%.
- Combined Insurance Service Ratio (CISR): Maintained a strong ratio of 102.9%.
Key Business Strategies
Niva Bupa is focused on several key strategies to drive growth and profitability:
- Building a granular, growth-oriented, and profitable health insurance franchise.
- Being a health partner of choice for customers.
- Multi-channel and diversified distribution with an emphasis on digital sales.
- Technology and analytics-driven business model.
- Disciplined underwriting and claims management.
- Focus on talent management and execution.
Operational Achievements
Niva Bupa has been recognized as a Great Place to Work for the sixth consecutive year. The company’s Weighted Episodal NPS improved to 58, reflecting a continued commitment to customer service.
Strategic Initiatives
Niva Bupa continues to focus on innovative products and customer-centric initiatives. These include:
- Comprehensive portfolio of health insurance products.
- Emphasis on a 360° Health and Wellness Ecosystem.
- Multi-channel distribution with emphasis on digital sales, expanding reach and improving customer experience.
- Leveraging Analytics and AI to Automate Operations to streamline the value chain, improve efficiencies and predict where resources are needed.
Source: BSE
