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Among the top insurance companies in India, Aditya Birla, New India, HDFC ERGO, and Bajaj, Star, and Shriram standout with an impressive 90% claims settlement rate, making them a reliable choice for policyholders seeking quick and efficient claim processing.

The Insurance Brokers Association of India (IBAI) has released data on the performance of insurance companies in India for the financial years 2023-24 and 2022-23. The data shows that four companies – Aditya Birla Health, HDFC Ergo, and New India Assurance from...

India’s insurance industry has achieved a milestone, with the lowest-ever rate of claim rejections recorded in the nation.

The Insurance Brokers Association of India (IBAI) has released a handbook that compares the claims repudiation ratios of various Indian insurers. The data is for the fiscal year 2023, the latest available. The claims repudiation ratio is the percentage of claims...