News From Press Insurers receive 1.42-million Covid-related claims in FY22, shows data

Insurers receive 1.42-million Covid-related claims in FY22, shows data

Source: Business Standard Aug 31, 2021

General and health insurers have received almost 1.4 times the number of Covid-related health claims so far in FY22 than what they had received in entire FY21.

According to General Insurance Council data, in FY22, as of August 27, they have received more than 1.42 million claims, worth Rs 15,956 crore. Insurers have settled almost 85 per cent of the claims they have received this year.

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