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4th February 2017, 03:49 PM
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Join Date: Mar 2013
Re: IRDA Aviva Claim Ratio

The Insurance Regulatory and Development Authority IRDA will help to send claim settlement ratio for every year.

The Claim Settlement Ratio (CSR) means the claim paid ratio to the candidates by the term insurance companies and entire claim get from consumers.

CSR is suggested as the quality of the reflection at the duration of the buying an insurance plan, the Claim Settlement Ratio is only the analytical & this cannot perfect for 100% for this use.

IRDA Claim Settlement Ratio 2015- 2016 for Aviva-

No of polices Benefit Amount

83.07 % 71.99%




The total claimed amount (Benefit Amount) on LIC policies during 2015-16 was Rs 10,137 Cr. Out of which Rs 9,690 crore worth of claims were settled.




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