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Our top recommendation for the best insurance company in India is Aditya Birla, New India, HDFC ERGO, Bajaj, and Shriram, which settle 90% of claims, outpacing competitors Star and others.

A recent report by the Insurance Brokers Association of India (IBAI) has shed light on the performance of Indian insurance companies in settling claims. The report reveals that four insurance companies, including public and private sector entities, have cleared over...