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Saturday, January 04, 2014

Claim Settlement Ratio of Life Insurance Companies (IRDA Annual Report 2011-12)

Claim settlement ratio expressed as percentage of claims settled in 2011-12 by life insurance companies
Life insurance companiesClaim settlement ratio (in %)No of claims settled
Edelweiss Tokio1001
Life Insurance Corporation (LIC)97.42712501
ICICI Prudential96.5314314
HDFC Standard96.174952
SBI Life95.4811328
Kotak Mahindra92.12716
Birla Sun Life90.949925
Bajaj Allianz90.6124658
Max New York89.848113
Aviva89.552006
ING Vyasa88.822510
Bharti AXA87.7820
Star Union Dai-Chi86.16411
Reliance Life84.5817367
Tata AIG83.944287
IndiaFirst82.23449
Met Life81.371769
Canara HSBC80.58361
Sahara India77.97814
Future General68.061366
IDBI Fortis67.46423
AEGON Religare66.06181
Shriram64.93937
DLF Pramerica24.4657
Source: IRDA Annual Report 2011-12

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