News

PNB MetLife India Insurance showcases impressive claim settlement ratios for FY2025 with individual claims at 99.57% and ...
Bajaj Allianz Life achieves 99.29% claim settlement ratio in FY 2024-25 Bajaj Allianz Life Insurance, one of India’s leading private life insurers, achieved an individual death Claim Settlement ...
Bajaj Allianz Life Insurance, one of India's leading private life insurers, achieved an individual death Claim Settlement Ratio (CSR) of 99.29% in FY 2024–25. During the year, the Company ...
Aditya Birla Health Insurance topped the list with a 92.97% claim settlement ratio within 3 months. It was followed by Care Health Insurance at 92.77% and Niva Bupa Health Insurance at 92.02%.
Mumbai (Maharashtra) [India], May 16: HDFC Life, one of India's leading insurers, has achieved a claim settlement ratio of 99.68%, in Individual Death Claims, in FY'25. The Company settled claims ...
Cosmopolitan Health Insurance is committed to settling claims promptly and efficiently. With a claims payment ratio of 98%. Members can trust that they'll receive the benefits they're entitled to.
Wrapping it up! A Claim Settlement Ratio is a crucial factor in selecting the right health insurance company. It helps determine the credibility of an insurance company.
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 ...
The Individual Death Claim Settlement ratio for FY24 improved to 99.13% from 99.01% in the last fiscal year. During the financial year, the Company settled claims valued at INR 1086.15 crores ...