Search For "death claims"
Edelweiss Life Reports Its Highest-Ever Claim Settlement Ratio of 99.29% i
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], December 5: Edelweiss Life Insurance reported its highest-ever Claim Settlement Ratio of 99.29% in FY25. The claim settlement ratio measures the percentage of death claims paid out versus total claims received, serving as a key indicator of an insurer's reliabil
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Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; S
Updated : 1 year ago IST
New Delhi [India], May 23: Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd ("Axis Max Life"/ "Company"), has settled 20,170 individual death claims worth Rs1,430.80 Cr. in FY 2024-25, achieving its highest-ever individual death claims paid ratio of 99.70%. This
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HDFC Life Announces Claim Settlement Ratio of 99.68 per cent* in FY'25, Pa
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], May 16: HDFC Life, one of India's leading insurers, has achieved a claim settlement ratio of 99.68%, in Individual Death Claims, in FY'25. The Company settled claims under 19,666 policies and paid a total amount of Rs. 2060 Cr. as death claim benefits. 99 per
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Max Life's Claims Transformation Aims for True InstaClaim™ in 3 Hour
Updated : 1 year, 7 months ago IST
New Delhi [India], September 30: Max Life Insurance Co. Ltd. ("Max Life/Company") announces the implementation of an innovative "Claims Transformation Program," which leverages advanced technology and analytics to significantly enhance claims processing. This will allow the company to delive
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Max Life achieves highest-ever Claims Paid Ratio of 99.65 per cent in FY24
Updated : 1 year, 11 months ago IST
New Delhi [India], June 11: Max Life Insurance Co. Ltd ("Max Life/ "Company), today announced the settlement of 19,569 individual death claims worth INR 1254.39 crore during the Financial Year 2023-24. With this, the Company has achieved an all-time high individual death claims paid ratio of
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Max Life achieves 99.51 per cent Claims Paid Ratio in FY23; Surpasses 99 p
Updated : 2 years, 2 months ago IST
New Delhi [India], February 29: Max Life Insurance Company Ltd. ('Max Life' / 'Company') has achieved its highest-ever individual Claims Paid Ratio of 99.51 per cent in the financial year 2022-23, as per the Insurance Regulatory and Development Authority of India's (IRDAI) Handbook on Indian
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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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Max Life achieves claims paid ratio of 99.34 per cent in FY22
Updated : 3 years, 11 months ago IST
New Delhi [India] June 14 (ANI/NewsVoir): Max Life Insurance Co Ltd has announced that the Company has disbursed 30,830 death claims worth INR 2,009 crore in the financial year 2021-22, achieving a Claims Paid Ratio of 99.34 per cent during the tumultuous and unpredictable pandemic. With thi
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Reappearance of bodies in Ganga contradicts last year's unaccounted Covid
Updated : 4 years ago IST
Prayagraj (Uttar Pradesh) [India], May 19 (ANI): The Phaphamau Ghat in the northern part of Prayagraj has become a graveyard of sorts and with yellow and saffron-coloured clothes on temporarily-erected poles indicating that bodies have been buried. This is not part of the traditional Hind
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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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Max Life Insurance achieves claims paid ratio of 99.35 per cent
Updated : 4 years, 4 months ago IST
New Delhi [India], January 12 (ANI/NewsVoir): Max Life Insurance Co. Ltd ("Max Life"/"Company"), today announced that it has paid 19,922 death claims worth INR 885.57 crore during the Financial Year 2020-21, resulting in an individual death claims paid ratio of 99.35 per cent for the Company
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HDFC Life posts 17 pc individual WRP growth for FY21
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): HDFC Life Insurance has recorded 17 per cent growth in terms of individual weighted received premium (WRP) during FY21 on a base of 19 per cent growth in FY20.
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