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  • News From Press Life insurers' claim settlements stable despite Covid

    Life insurers' claim settlements stable despite Covid

    Source: ET Feb 17, 2022

    Indian life insurers' claim settlement ratios have remained mostly stable during the Covid-19 period compared with earlier years despite an uptick in claims as the regulator pushed for easier settlements amid a once-in-a-century pandemic.


    The settlements-to-claims ratios of the country's top life insurers were in the range of 98.3% to 99.3% in 2020-21. 
     

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