In today’s day and age, it is very challenging to bear the medical expenses without having a solid health insurance policy in ...

If the loss ratio is above 1, or 100%, the insurance company is unprofitable and maybe in poor financial health because it is paying out more in claims than it is receiving in premiums.

That’s why the claim settlement ratio (CSR) is a key. Most of the life insurance buyers commonly consider factors like premium amount, features, add-ons and benefits but overlook claim ...

Despite strong premium growth and investment gains, underwriting struggles and competition pressure Star Health's performance ...

EPFO enhances auto settlement of advanced claim limit to Rs 5 lakh, simplifying process for 7.5 crore members.

It has delivered the leading property and casualty claims ratio by a minimum of 1 percentage point under IFRS 4. Whether the business is delivering superior underwriting under IFRS 17 remains unclear.

The Insurance Regulatory and Development Authority of India (IRDAI) has identified serious lapses in the claim settlement practices of Star Health and Allied Insurance. The insurer also has the ...