Life Insurance

Life Insurance Death Claim Settlement Ratio for FY 2013-14

Life Insurance Claim Settlement Ratio for FY 2013-14

IRDA (Insurance Regulatory And Development Authority) has come out with its annual report on insurance for FY 2013-14. This report has a lot of information on Life and General Insurance like the total premium collected, settlement ratio, solvency ratio, Insurance penetration in India among other things. We have published the Death Claim Settlement ratio every …

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Death Claim Settlement Ratio for Life Insurance for FY 2012-13

Life Insurance Claim Settlement Ratio for FY 2012-13

The IRDA annual report for FY 2012-13 is out and the death claim settlement ratio has improved slightly for LIC (Life Insurance Corporation) at 97.7% while it has deteriorated slightly for all Private Insurers combined at 88.6%. Overall it’s at the same level at 96.4%. The table below compares the death claim settlement ratio: Few …

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