Posts Tagged ‘Claim Settlement Report’

IRDA claim settlement ratio 2015 – LIC is best in terms of Claim Settlement

IRDA claim settlement ratio 2015 – LIC is best in terms of Claim Settlement

Claim Settlement ratio is one of the important factor while purchasing any insurance policy. One can find claim settlement ratio information in IRDA (Insurance Regulatory Development Authority) annual report. This year annual report is recently released by IRDA and LIC is declared as Best in terms of claim settlement ratio for 2015. Let’s try to demystify claim settlement ratio and its importance. What is Claim Settlement Ratio? Claim settlement ratio means a number of claims that insurance company has settled […]