National Insurance Company
Public-sector general insurer
Insurer claim record (FY24–26 average, NL-37)
93.76%
Claims settled by number, NL-37 Ditto method, FY24–FY26.
Complaints per 10,000 claims, FY24–26 average
39.13
FY26: 49.81. Source: NL-45 grievance disclosures.
Above the benchmark of 20 for general insurers.
Incurred claim ratio (FY25)
96.05%
Claims paid out as a share of premium earned. FY23 102.35%, FY24 90.83%. Source: IRDAI annual reports.
Pays out most of what it earns; watch renewals.
Network hospitals
5,300+ hospitals (insurer-stated)
As stated by the insurer.
Flags
- Complaints jumped in FY26
Source: Ditto Data Lab compilation of IRDAI NL-37, NL-45 and annual reports, 7 September 2026. CSR by number of claims, NL-37 Ditto method.