AIC reports strong FY26 results
Agriculture Insurance Company of India Limited (AIC), India’s premier and largest specialised crop insurance company, has announced its financial results for the year ended on March 31, 2026, demonstrating sustained financial strength, improved operational efficiency, and continued commitment to protecting the livelihoods of millions of farmers across the country.
The company maintained a robust financial position during FY 2025-26, with its solvency margin increasing to 4.42.
AIC recorded a Gross Direct Premium (GDP) of Rs 10,279 crore, corresponding to more than 6.40 crore insurance policies issued to the rural population across India. Of these, more than 4.5 crore policies were physically distributed to policyholders under the government’s “Meri Policy Mere Haath (MPMH)” initiative.
During the year, the company settled claims worth Rs 9,571 crore, benefitting more than 1.75 crore farmers. AIC’s net worth increased to Rs 9,165 crore as of March 31, 2026, reflecting an increase of nearly Rs 885 crore over the previous year and underscoring the company’s consistent value creation and financial resilience.
Key Operational Metrics
Net Retention Ratio: 59.33 per cent compared to 49.82 per cent in the previous year. Expense of Management to Gross Direct Premium Ratio: 5.01 per cent. Investment Income Ratio: 6.48 per cent.
On the technology front, AIC further strengthened its technology-enabled insurance ecosystem during FY 2025-26 through advanced analytics, geospatial technologies, satellite imagery, remote sensing and AI-based tools. The company said these initiatives supported improved operational efficiency, enhanced transparency and streamlined service delivery across insurance operations.
