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LIFE INSURANCE DEATH CLAIMS SETTLEMENT REPORT FOR 2013-14

Individual Death Claims Settlement Ratio of Life Insurance Companies in India for the year 2013-14 as mentioned in the IRDA Annual Report 2013-14

By: Manoj Aswani |

Read Time: Less than 1 minute |

Last Updated: 24-02-2022

LIFE INSURANCE DEATH CLAIMS SETTLEMENT REPORT FOR 2013-14

Life Insurer	Total Claims (Units)	Claims Paid (Units)	Claims Paid (%)
AEGON RELIGARE	400	324	81.00%
AVIVA	2,033	1,708	84.01%
BAJAJ ALLIANZ	23,724	21,658	91.29%
BHARTI AXA	1,078	950	88.13%
BIRLA SUNLIFE	9,197	8,071	87.76%
CANARA HSBC	627	544	86.76%
DLF PRAMERICA	858	190	22.14%
EDELWEISS TOKIO	80	48	60.00%
FUTURE GENERALI	2,229	1,669	74.88%
HDFC STANDARD	7,259	6,824	94.01%
ICICI PRUDENTIAL	13,398	12,608	94.10%
IDBI FEDERAL	932	842	90.34%
INDIAFIRST	1,258	920	73.13%
EXIDE LIFE	3,741	3,111	83.16%
KOTAK MAHINDRA	2,963	2,687	90.69%
MAX LIFE	9,478	8,896	93.86%
METLIFE	2,510	2,265	90.24%
RELIANCE	21,033	17,241	81.97%
SAHARA	836	754	90.19%
SBI LIFE	14,233	12,960	91.06%
SHRIRAM LIFE	1,427	966	67.69%
STAR UNION DAI-ICHI	1,022	949	92.86%
TATA AIA	4,711	4,225	89.68%
PRIVATE TOTAL	125,027	110,410	88.31%

LIC	760,334	746,212	98.14%
INDUSTRY TOTAL	885,361	856,622	96.75%

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 CLAIMS SETTLEMENT REPORT FOR 2013-14

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