Search For "claims settlement"
Axis Max Life Celebrates Everyday Heroes as 'Bharosa Tum Ho' Brand Campaig
Updated : 3 months, 4 weeks ago IST
New Delhi [India], January 30: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has unveiled an exciting new chapter of its flagship brand campaign, 'Bharosa Tum Ho'. The campaign centres on 'Trust' as its emotional ancho
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SBI General Insurance Outpaces Industry with 10.7% Growth in H1FY26
Updated : 7 months ago IST
Mumbai (Maharashtra) [India], October 28: SBI General Insurance, one of India's leading general insurance companies, has continued its strong growth trajectory, reporting a robust performance for the first half of the FY 26.
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EPFO achieves historic high of 2.16 crore auto-claims in FY25
Updated : 1 year, 2 months ago IST
EPFO achieved a historic high of 2.16 crore auto-claims settlement so far during the current financial year, up from 89.52 lakh in 2023-24, Union Minister of State for Labour & Employment, Shobha Karandlaje informed Lok Sabha on Monday.
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The Claim Settlement Ratio: How to Interpret It
Updated : 1 year, 3 months ago IST
New Delhi [India], February 27: A sudden accident or unexpected event can cause injury, harm, or even death, resulting in loss of income. In such scenarios, life insurance provides financial support, compensating for the future income lost. Therefore, choosing a reliable life insurer who ful
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Universal Sompo Prioritizes Customer Empathy in Claims Settlement
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], February 11: Universal Sompo General Insurance, a trusted service provider in the insurance sector, reaffirms its commitment to delivering a seamless claims experience built on speed, transparency, and care.
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Union Minister Mansukh Mandaviya chairs 236th meeting of Central Board of
Updated : 1 year, 6 months ago IST
It was informed to the Board about major initiatives taken by EPFO since the last meeting of CBT. It was informed that the limit for auto claims settlement facility has also been extended to Rs. 1 lakh from Rs. 50,000 which has also been extended to advances for housing, marriage and educati
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Decoding Motor Insurance Data: Don't Just Compare Premiums, Understand Cla
Updated : 1 year, 8 months ago IST
New Delhi [India], September 3: Choosing motor insurance isn't just about finding the cheapest premium; it's about ensuring peace of mind knowing your insurer will be there when you need them most. Two key metrics, the Claims Settlement Ratio and the Claims Disposal Ratio, provide valuable
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Bajaj Allianz General Insurance Successfully Settles First Claim on Nation
Updated : 1 year, 10 months ago IST
Pune (Maharashtra) [India], July 25: Bajaj Allianz General Insurance, one of the leading private general insurers in India, today announced the successful processing of its first claim through the National Health Claim Exchange (NHCX) platform. This marks a significant step towards streamlin
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Star Health Insurance Announces Its Home Health Care Services Across 50 Ci
Updated : 1 year, 10 months ago IST
Chennai (Tamil Nadu) [India], July 5: Star Health and Allied Insurance Company Limited (Star Health Insurance), India's largest retail health insurance company, announced the availability of its Home Health Care services in over 50 cities across India. This highly personalised customer-centr
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EPFO to revamp UAN-based system to auto mode for faster claims settlement
Updated : 1 year, 11 months ago IST
EPFO will soon introduce UAN based-single accounting system for each member and automation of process flow with minimum human intervention for faster settlement of claims after revamping its application software, the Ministry of Labour and Employment said in a release on Friday.
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Max Life achieves Claims Settlement Ratio of 99.34 per cent in FY22: IRDAI
Updated : 3 years, 4 months ago IST
New Delhi [India], January 12 (ANI/NewsVoir): Max Life Insurance Co Ltd has announced that it disbursed 30,830 death claims worth INR 2,009 crore in the financial year 2021-22, attaining an individual death claims paid ratio of 99.34 per cent. With this, Max Life has surpassed the coveted 99
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LIC IPO: Data on claims settlement by LIC in 2021 don't imply COVID deaths
Updated : 4 years, 3 months ago IST
New Delhi [India], February 19 (ANI): Data related to claims settled by Life Insurance Corporation (LIC) of India in 2021 does not imply COVID-19 deaths, the Ministry of Health and Family Welfare said on Saturday, trashing reports in a section of media on underreporting of fatality during th
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