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The Incurred Claim Ratio is a key performance indicator that reveals the percentage of claims paid by an insurance company out of all claims incurred, revealing the company’s claim-paying ability and potential financial stability.

When it comes to choosing a health insurance policy, one of the vital factors to consider is the insurer’s claims settlement track record. The Insurance Regulatory and Development Authority of India (IRDAI) has published its annual report, which provides...

PhonePe and ICICI Lombard have partnered to launch a pioneering insurance initiative, ‘Mahakumbh Mela 2025’, exclusively designed for devotees to ensure a secure and worry-free experience during the highly anticipated event.

PhonePe, a digital wallet and payment app, has launched a new insurance policy in collaboration with ICICI Lombard General Insurance company, just days before the highly anticipated MahaKumbh Mela 2025. The insurance policy is specifically designed for devotees...