How many employees work at Magma General Insurance?

Magma General Insurance Ltd. has 2,538 employees, according to Revelio Labs workforce intelligence data. The YoY growth rate is -3.6%.

Data source: Revelio Labs Coverage: Global workforce Latest update: September 2025

About Magma General Insurance

Sanoti Properties LLP, an entity jointly held by Adar Poonawalla (90%) and Rising Sun Holdings Pvt Ltd (10%), holds 74.5% in Magma HDI. With over 70 products across various categories, we have solutions to secure all major risks in the general insurance sphere. From retail products like Motor (Car, Two-wheeler, Commercial Vehicles, Tractors), Health, Personal Accident, and Home to commercial products like Fire, Engineering, Liability, Marine, our wide array of covers coupled with high-quality and agile service delivery have been the pillars of our foundation.

As of September 2025

Magma General Insurance
workforce metrics

Headcount

2.5k

Avg. Salary

$9.8k

Tenure

3.0yr

Growth Rate

-3.6%

Hiring Rate

Attrition Rate

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Employee Headcount

Interactive chart of Magma General Insurance annual worldwide employee count from 2023 to 2025.

  • Magma General Insurance total number of employees in 2025 was 2,586.942, a 3.6% decline from 2024.
  • Magma General Insurance total number of employees in 2024 was 2,632.769, a 2.2% increase from 2023.
  • Magma General Insurance total number of employees in 2023 was 2,569.216, a 11.3% increase from 2022.

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Employee Geographic Breakdown

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Employee Role Breakdown

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Employee Compensation

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Active Job Postings

Interactive chart of Magma General Insurance annual active job postings from 2023 to 2025.

  • Magma General Insurance active job postings in 2025 was 25, a 7.7% decline from 2024.
  • Magma General Insurance active job postings in 2024 was 22, a 114.3% increase from 2023.
  • Magma General Insurance active job postings in 2023 was 6, a 90.9% decline from 2022.

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Employee Sentiment

Sentiment Topics

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