The dataset contains Year Wise Insurer Wise Duration-Wise Settlement of Claims-Micro Insurance - Individual Category from Handbook on Indian Insurance Statistics Note: 1. No death claims have been paid by the rest of the companies during these years. 2. Exide Life portfolio was taken over by HDFC Life in October 2022. 4. “Life insurance business of Sahara India Life Insurance Company Ltd (SILIC) ...
| fiscal_year | insurer_name | category | duration | value | unit |
|---|---|---|---|---|---|
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Benefit Amount Paid | Within 1 month | 4143.21 | value in rupees lakh |
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Benefit Amount Paid | Within 1-3 months | 587.71 | value in rupees lakh |
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Benefit Amount Paid | Within 3-6 months | 114.28 | value in rupees lakh |
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Benefit Amount Paid | Within 6-12 months | 0 | value in rupees lakh |
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Benefit Amount Paid | More than 12 months | 0 | value in rupees lakh |
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Benefit Amount Paid | Total Claims Settled | 4845.2 | value in rupees lakh |
| 2023-24 | Life Insurance Corporation of India | Settlement of Claims Based on Number of Policies | Within 1 month | 6958 | value in absolute number |
| 2023-24 | Aditya Birla Sunlife Insurance Company Limited | Settlement of Claims Based on Benefit Amount Paid | Within 1 month | 0 | value in rupees lakh |
| 2023-24 | Aditya Birla Sunlife Insurance Company Limited | Settlement of Claims Based on Benefit Amount Paid | Within 1-3 months | 0 | value in rupees lakh |
| 2023-24 | Aditya Birla Sunlife Insurance Company Limited | Settlement of Claims Based on Benefit Amount Paid | Within 3-6 months | 0 | value in rupees lakh |
Insurance Regulatory and Development Authority of India. Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Individual Category [Data set]. Dataful. https://dataful.in/datasets/21066
