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Life Insurance Death Claim Settlement Report 2015-16

Claim settlement ratio of life insurance companies in India for individual death claims for the year 2015-16

By: Manoj Aswani |

Read Time: Less than 1 minute |

Last Updated: 24-02-2022

Life Insurance Death Claim Settlement Report 2015-16

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%

Insurance | Life Insurance

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.

Life Insurance Death Claim Settlement Report 2015-16

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