{"id":837,"date":"2015-12-11T17:05:14","date_gmt":"2015-12-11T11:35:14","guid":{"rendered":"http:\/\/trucompare.in\/blog\/?p=837"},"modified":"2016-11-23T21:56:17","modified_gmt":"2016-11-23T16:26:17","slug":"irda-claim-settlement-ratio-2015-2016","status":"publish","type":"post","link":"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-2015-2016\/","title":{"rendered":"Latest IRDA Claim Settlement Ratio in 2015-16 for life insurers"},"content":{"rendered":"<p>Updated-\u00a0Some of the insurers have their data available for 2016-17( Till Sep 30,2016) and the same is being updated on our website. Check the same by <a href=\"http:\/\/www.trucompare.in\/trucomparev2d\">getting a quote<\/a>.<\/p>\n<p>This data has been compiled from IRDA filings done by various insurers.<\/p>\n<p>Here is the summary:<\/p>\n<ul>\n<li><strong>Max Life has claim ratio of 96.2% for 2015-16 based on latest data available till March 31, 2016<\/strong>.Settled about 8895 claims worth 245 crores in 2015-16 with just 4 pending claims.<\/li>\n<li><strong>HDFC\u00a0Life has claim ratio of 95.02% for 2015-16 based on latest data available till March 31, 2016<\/strong>.Settled about 11811\u00a0claims worth 300 crores in 2015-16 with just 79 pending claims.<\/li>\n<li>Future Generali has a claim ratio of 90.5% \u00a0for 2015-16. Settled 1416 claims worth 27 crores with 17 pending claims.<\/li>\n<li>ICICI PruLife has a claim ratio of 96.5% for 2015-16 having settled 12815 claims worth 399\u00a0cr with 44 pending claims<\/li>\n<\/ul>\n<p>To compare premiums and past IRDA\u00a0data( from 2011 to 2016) for all insurers, please <a href=\"http:\/\/www.trucompare.in\/trucomparev2d\">get a quote now.<\/a><\/p>\n<p>(Attaching a few screenshots for Max Life insurance from the website)<\/p>\n<figure id=\"attachment_1349\" aria-describedby=\"caption-attachment-1349\" style=\"width: 919px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1349\" data-permalink=\"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-2015-2016\/max_moredetails\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_moredetails.png?fit=919%2C822&amp;ssl=1\" data-orig-size=\"919,822\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"max_moredetails\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Max Life IRDA data 2015-16&lt;\/p&gt;\n\" data-large-file=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_moredetails.png?fit=604%2C540&amp;ssl=1\" class=\"size-full wp-image-1349\" src=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_moredetails.png?resize=604%2C540\" alt=\"Max Life IRDA data 2015-16\" width=\"604\" height=\"540\" srcset=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_moredetails.png?w=919&amp;ssl=1 919w, https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_moredetails.png?resize=300%2C268&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_moredetails.png?resize=768%2C687&amp;ssl=1 768w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\" \/><figcaption id=\"caption-attachment-1349\" class=\"wp-caption-text\">Max Life IRDA data 2015-16<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_1350\" aria-describedby=\"caption-attachment-1350\" style=\"width: 914px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1350\" data-permalink=\"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-2015-2016\/max_irda\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_IRDA.png?fit=914%2C501&amp;ssl=1\" data-orig-size=\"914,501\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"max_irda\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Max Life IRDA data&lt;\/p&gt;\n\" data-large-file=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_IRDA.png?fit=604%2C331&amp;ssl=1\" class=\"size-full wp-image-1350\" src=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_IRDA.png?resize=604%2C331\" alt=\"Max Life IRDA data\" width=\"604\" height=\"331\" srcset=\"https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_IRDA.png?w=914&amp;ssl=1 914w, https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_IRDA.png?resize=300%2C164&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.trucompare.in\/blog\/wp-content\/uploads\/2015\/12\/Max_IRDA.png?resize=768%2C421&amp;ssl=1 768w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\" \/><figcaption id=\"caption-attachment-1350\" class=\"wp-caption-text\">Max Life IRDA data<\/figcaption><\/figure>\n<p>To see latest data for 2015-16(till March 31,2016) for other insurers like HDFC Life, SBI Life, Aegon, Aviva, Kotak,Edelweiss etc, get a quote below.<\/p>\n<p><a href=\"http:\/\/www.trucompare.in\/trucomparev2d\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/i2.wp.com\/trucompare.in\/images\/quote_btn.png?w=604\" alt=\"Get Quote\" width=\"191\" height=\"42\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Updated-\u00a0Some of the insurers have their data available for 2016-17( Till Sep 30,2016) and the same is being updated on our website. Check the same by getting a quote. This data has been compiled from IRDA filings done by various insurers. Here is the summary: Max Life has claim ratio of 96.2% for 2015-16 based &hellip; <a href=\"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-2015-2016\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Latest IRDA Claim Settlement Ratio in 2015-16 for life insurers<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-837","post","type-post","status-publish","format-standard","hentry","category-term-insurance"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3wDt5-dv","jetpack-related-posts":[{"id":1584,"url":"https:\/\/www.trucompare.in\/blog\/claim-settlement-ratio-of-star-health-insurance\/","url_meta":{"origin":837,"position":0},"title":"Claim Settlement Ratio of Health Insurance Companies in 2021- Star Health Insurance","author":"Trucompare","date":"March 5, 2022","format":false,"excerpt":"Here is the claim settlement ratio for Star health insurance for year 2020-21 and 2021-22( till Q3). This is a period when covid 19 stuck. For Star Health Insurance 2020-21: Number of Claims received- 11.1 lakhs Number of claims settled- 8.48 lakhs Claims Rejected- 1.53 lakhs Claims pending- 93000 Claim\u2026","rel":"","context":"In &quot;Health Insurance&quot;","block_context":{"text":"Health Insurance","link":"https:\/\/www.trucompare.in\/blog\/health-insurance\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1339,"url":"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-2016\/","url_meta":{"origin":837,"position":1},"title":"Latest IRDA Claim Settlement Ratio in 2016-17 for life insurers","author":"Trucompare","date":"November 15, 2016","format":false,"excerpt":"Update: Please check updated data for 2016-17( till March 31, 2017)\u00a0here. Here is the \u00a0IRDA claim settlement ratio 2016-17 for a few term life insurance for which data is available . HDFC Life has settled about 23006 claims \u00a0in 2016-17 while rejecting only 123 claims giving it a claim settlement\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":738,"url":"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-2015\/","url_meta":{"origin":837,"position":2},"title":"IRDA Claim Settlement Ratio for 2015 &#8211; Compare best online term insurance plans","author":"Trucompare","date":"October 3, 2015","format":false,"excerpt":"IRDA Claim Settlement Ratio for 2015 Update- We have updated the claim settlement ratios of online term insurance plans for 2014-15(based on IRDA annual report)\u00a0 and 2015-16 ( till Dec31, 2015 based on latest data submitted to IRDA by the insurers) on our website. IRDA has just published its annual\u2026","rel":"","context":"In &quot;Term Insurance&quot;","block_context":{"text":"Term Insurance","link":"https:\/\/www.trucompare.in\/blog\/term-insurance\/"},"img":{"alt_text":"TruCompare_head","src":"https:\/\/i0.wp.com\/trucompare.in\/blog\/wp-content\/uploads\/2013\/05\/TruCompare_head.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":743,"url":"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-of-star-health-insurance-in-2014-15\/","url_meta":{"origin":837,"position":3},"title":"IRDA Claim Settlement Ratio of Star Health Insurance in 2014-15","author":"Trucompare","date":"October 4, 2015","format":false,"excerpt":"Star Health Insurance is one of the most popular health insurance brands in the country. Although it offers great variety of health insurance products, its claim settlement ratios for 2014-15 are not very impressive. Here is a brief summary: Total Claims Processed-93833 ( Shows that it is one of the\u2026","rel":"","context":"In &quot;Health Insurance&quot;","block_context":{"text":"Health Insurance","link":"https:\/\/www.trucompare.in\/blog\/health-insurance\/"},"img":{"alt_text":"Compare health insurance plan features and IRDA data","src":"https:\/\/i0.wp.com\/trucompare.in\/blog\/wp-content\/uploads\/2015\/11\/Table.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/trucompare.in\/blog\/wp-content\/uploads\/2015\/11\/Table.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/trucompare.in\/blog\/wp-content\/uploads\/2015\/11\/Table.png?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/trucompare.in\/blog\/wp-content\/uploads\/2015\/11\/Table.png?resize=700%2C400 2x"},"classes":[]},{"id":747,"url":"https:\/\/www.trucompare.in\/blog\/claim-ratio-of-apollo-munich-health-insurance-in-2014-15\/","url_meta":{"origin":837,"position":4},"title":"Claim Ratio of Apollo Munich Health Insurance in 2014-15 and 2015-16","author":"Trucompare","date":"October 5, 2015","format":false,"excerpt":"Claim Ratio Apollo Munich Health Insurance Here is the IRDA Claim Ratio of\u00a0Apollo Munich Health Insurance in 2014-15. Total Claims Processed in 2014-15 -\u00a0133160 Total Claims Settled in 2014-15-\u00a0120,000 Apollo Munich remains one of the largest and best health insurers in the country.We'd definitely recommend Apollo Munich Health Insurance for\u2026","rel":"","context":"In &quot;Health Insurance&quot;","block_context":{"text":"Health Insurance","link":"https:\/\/www.trucompare.in\/blog\/health-insurance\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":772,"url":"https:\/\/www.trucompare.in\/blog\/irda-claim-settlement-ratio-of-health-insurance-in-2014-15\/","url_meta":{"origin":837,"position":5},"title":"IRDA Claim Settlement Ratio of Health Insurance in 2014-15","author":"Trucompare","date":"November 8, 2015","format":false,"excerpt":"Having covered some of the health insurance claim ratios for Apollo Munich and Star Health insurance in 2014-15, here is IRDA claim settlement ratio of heath insurance in 2014-15 for some of the top companies. Claim Settlement ratio of Max Bupa in 2014-15- 79.7% Claims Rejected- 12.56% Total claims settled-\u2026","rel":"","context":"In &quot;Health Insurance&quot;","block_context":{"text":"Health Insurance","link":"https:\/\/www.trucompare.in\/blog\/health-insurance\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/posts\/837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/comments?post=837"}],"version-history":[{"count":61,"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/posts\/837\/revisions"}],"predecessor-version":[{"id":1354,"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/posts\/837\/revisions\/1354"}],"wp:attachment":[{"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/media?parent=837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/categories?post=837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.trucompare.in\/blog\/wp-json\/wp\/v2\/tags?post=837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}