In the financial year 2024, *** insurance had the highest claims settlement ratio of percent in India. Public sector insurer, the LIC life insurance, had the claim settlement ratio of percent in the same fiscal year. Claim settlement ratio is a ratio of the number of claims paid to customers by the insurance company to the total claims received by the company.
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BankBazaar. (July 28, 2025). Life insurance claims settlement ratio in India in the financial year 2024, by insurer [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/1422719/india-life-insurance-claims-settlement-ratio-by-insurer/
BankBazaar. "Life insurance claims settlement ratio in India in the financial year 2024, by insurer." Chart. July 28, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/1422719/india-life-insurance-claims-settlement-ratio-by-insurer/
BankBazaar. (2025). Life insurance claims settlement ratio in India in the financial year 2024, by insurer. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/1422719/india-life-insurance-claims-settlement-ratio-by-insurer/
BankBazaar. "Life Insurance Claims Settlement Ratio in India in The Financial Year 2024, by Insurer." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 28 Jul 2025, /statistics/1422719/india-life-insurance-claims-settlement-ratio-by-insurer/
BankBazaar, Life insurance claims settlement ratio in India in the financial year 2024, by insurer ÌÇÐÄÆÆ½â°æ, /statistics/1422719/india-life-insurance-claims-settlement-ratio-by-insurer/ (last visited August 04, 2026)
Life insurance claims settlement ratio in India in the financial year 2024, by insurer [Graph], BankBazaar, July 28, 2025. [Online]. Available: /statistics/1422719/india-life-insurance-claims-settlement-ratio-by-insurer/