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Which Insurance company in India has the best Claim Settlement Ratio?
Wiki User
∙ 12y ago
Well, this is a tough one and I was able to find some details as of the year ending 2010 in the internet. Am not sure, how accurate they are, but these are the numbers.
And the Winner is LIC of India with a 96% Claim Settlement Ratio
Other Insurance Cos with High CSRs:
1. HDFC Life - 91%
2. ICICI Prudential - 90%
3. Birla Sun Life - 89%
4. Reliance Life - 89%
5. ING Vysya Life - 89%
6. Bajaj Allianz - 88%
7. Aviva Life - 87%
Note: All these figures are for death claims on life insurance policies
Wiki User
∙ 12y ago
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National Insurance Co.Limited under the GIC umbrella has the highest claim settlement ratio in India.
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Probably because, they are the best insurance company in India and have the highest claim settlement ratio
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