In 2025, IRDAI's handbook on Indian insurance statistics reported that Acko General Insurance lead amongst all general and health with a 99.91% claim settlement ratio within 3 months. Among public ...

MSIG’s 2024 report showcases consistent improvement in claims settlement and industry accolades for digital excellence.

In this blog, we’ll discuss the importance of Claim Settlement Ratio(CSR) in helping you select the right insurer. Insurance companies with high CSR are generally considered to be reliable.

The IRDAI has released the claim settlement ratios of all Indian life insurers for FY 2023-24, revealing that 96.82% of life insurance policy claims are settled within 30 days.

Just like how Sachin Tendulkar anchored India’s innings during crucial matches preventing a collapse when wickets kept falling, a good life insurance policy should provide close Choose your channels ...

Understanding an insurance provider's claim settlement ratio and solvency ratio is essential for making an informed decision while buying an insurance policy . TA Ramalingam September 13, 2024 / ...

Relying solely on the claim settlement ratio when buying term insurance may not provide a complete picture, as it doesn’t account for claim amounts, processing time, claims experience, financial ...

Claims Settlement Ratio is a key measure used to assess an insurer's reliability. Simply put, it is the percentage of claims settled out of the total number of claims received in a year.

For example, if an insurance company received 100 claims in a year and successfully settled 98, its claim settlement ratio would be: CSR = (Total claims settled / Total claims received) × 100 ...