As per IRDA Annual Report for Financial Year 2014-15, Life Insurance Corporation of India (LIC) has got – 98.19%, the highest claim ratio, followed by Max Life – 96.03%. Lowest claim ratio is – 57.14% of Edelweiss Tokio Life, seconded by DLF Pramerica Life – 57.19%. Maximum … [Read more...] about Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2014-15
claims ratios
Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2013-14
As per IRDA Annual Report for Financial Year 2013-14, Life Insurance Corporation of India (LIC) has got – 98.14%, the highest claim ratio, followed by ICICI Pru Life – 94.10%. Lowest claim ratio is – 22.14% of DLF Pramerica Life, seconded by Edelweiss Tokio Life – 60.00%. … [Read more...] about Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2013-14
Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2012-13
As per IRDA Annual Report for Financial Year 2012-13, Life Insurance Corporation of India (LIC) has got – 97.73%, the highest claim ratio, followed by ICICI Pru Life – 96.29%. Lowest claim ratio is – 27.04% of DLF Pramerica Life, seconded by Edelweiss Tokio Life – 45.45%. … [Read more...] about Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2012-13
Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2011-12
As per IRDA Annual Report for Financial Year 2011-12, Edelweiss Tokio Life has got - 100%, the highest claim ratio, followed by Life Insurance Corporation of India (LIC) - 97.42%. Lowest claim ratio is - 24.46% of DLF Pramerica Life, seconded by Shriram Life - 64.93%. Maximum … [Read more...] about Life Insurer’s IRDA Claim Settlement Ratios for Financial Year 2011-12