Last Updated: Feb 24, 2022 | 1,424 Views
Claim settlement ratio of life insurance companies in India for the year 2015-16
| Life Insurer |
Total Claims (Units) |
Claims Paid (Units) |
Claims Paid (%) |
| AEGON RELIGARE |
533 |
508 |
95.31% |
| AVIVA |
1531 |
1255 |
81.97% |
| BAJAJ ALLIANZ |
17967 |
16404 |
91.30% |
| BHARTI AXA |
1261 |
1009 |
80.02% |
| BIRLA SUNLIFE |
7204 |
6372 |
88.45% |
| CANARA HSBC |
571 |
531 |
92.99% |
| DLF PRAMERICA |
550 |
460 |
83.64% |
| EDELWEISS TOKIO |
141 |
120 |
85.11% |
| FUTURE GENERALI |
1530 |
1381 |
90.26% |
| HDFC STANDARD |
12430 |
11811 |
95.02% |
| ICICI PRUDENTIAL |
11034 |
10615 |
96.20% |
| IDBI FEDERAL |
1085 |
920 |
84.79% |
| INDIA FIRST |
1891 |
1359 |
71.87% |
| EXIDE LIFE |
3233 |
2889 |
89.36% |
| KOTAK MAHINDRA |
2767 |
2465 |
89.09% |
| MAX LIFE |
9175 |
8895 |
96.95% |
| PNB METLIFE |
3094 |
2641 |
85.36% |
| RELIANCE LIFE |
14618 |
13714 |
93.82% |
| SAHARA |
794 |
717 |
90.30% |
| SBI LIFE |
18102 |
15037 |
93.39% |
| SHRIRAM LIFE |
2510 |
1512 |
60.24% |
| STAR UNION DAI-ICHI |
1365 |
1102 |
80.73% |
| TATA AIA |
3311 |
3205 |
96.80% |
| PRIVATE TOTAL |
114697 |
104922 |
91.48% |
| LIC |
761983 |
748249 |
98.33% |
| INDUSTRY TOTAL |
876680 |
854171 |
97.43% |
Manoj Aswani
Manoj is the co-founder and COO of MyInsuranceClub. He has experience in Financial Services, Internet, Insurance and Outsourcing business. He has done his Post Graduation from XLRI, Jamshedpur.
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