Niva Bupa Health Insurance has reported a remarkable 161% increase in its profit after tax (PAT) for the financial year 2025, reaching ₹214 crore from ₹82 crore in the previous year. The company’s Gross Written Premium (GWP) also saw a significant increase, with a 36% year-on-year rise to ₹2,395 crore in the fourth quarter and a 32% increase to ₹7,407 crore for the entire year.
The insurer’s financial health has improved, with a solvency ratio of 3.03, up from 2.55 in the previous year, indicating its ability to fulfill long-term obligations and customer commitments. The Cost of Management has also declined to 37.4% from 39.3% due to increased automation and digital processes.
Niva Bupa’s CEO, Krishnan Ramachandran, attributed the company’s growth to the trust of its customers and partners. He emphasized that the company will continue to invest in developing a strong brand, simplifying health insurance, and scaling its digital and distribution infrastructure.
As of March 31, 2025, Niva Bupa has a large network of over 212 physical branches, 1.8 lakh agents, 540 brokers, and 100+ bancassurance and corporate partners, providing a strong presence in both metro and non-metro markets. The company offers protection to over 2 crore lives and has agreements with 10,421 hospitals in India, allowing policyholders to receive care anywhere they need it.
With over 8,900 employees, Niva Bupa has been recognized as a “Great Place to Work” for five consecutive years, highlighting its people-centric and performance-oriented culture. The company’s adjusted GWP, considering the new IRDAI accounting regulation, was ₹2,079 crore for the fourth quarter, representing an 18% year-on-year increase. Overall, Niva Bupa’s strong financial performance and expanding network demonstrate its commitment to providing quality health insurance services to its customers.