Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Group Category

The dataset contains Year Wise Insurer Wise Duration-Wise Settlement of Claims-Micro Insurance - Group 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. “Life insurance business of Sahara India Life Insurance Company Ltd (SILIC) is transferred to SBI Life Insurance Company Ltd (SBI Life) by IRDAI vide its Order dt. 2.6.2023 and the above data / information for the FY 2023-24 does not include data / information pertaining to SILIC". 3. The data is sourced through regulatory returns filed by the insurers and is reported on actual basis

Rows: 2532
Columns: 6
Time period: 2013-14 to 2024-25
Last Updated: 30 July 2026

fiscal_year	insurer_name	category	duration	value	unit
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 1 month	7628.29	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 1-3 months	123.73	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 3-6 months	0	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 6-12 months	0	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	More than 12 months	0	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 1 month	1195.849952	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 1-3 months	1.85	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 3-6 months	4.5	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 6-12 months	0.4	value in rupees lakh
2024-25	Aditya Birla Sunlife Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 1 month	0	value in rupees lakh

Sample from the dataset, for your reference.

Column metadata
Column	Type	Distinct	Count	Description
fiscal_year	String	12	2532	The financial year for which the data is recorded.
insurer_name	String	31	2532	The name of the insurance company.
category	String	3	2532	The category of claim settlement, often related to the benefit amount paid.
duration	String	6	2532	The time period within which claims were settled.
value	Float64	893	2515	The measured value related to claim settlement duration, in absolute numbers or rupees lakh.
unit	String	2	2532	The unit of measurement for the 'value' column, such as absolute numbers or rupees lakh.

Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Group Category

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Sample from the dataset, for your reference.

Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Group Category

Rows: 2532
Columns: 6
Time period: 2013-14 to 2024-25
Last Updated: 30 July 2026

fiscal_year	insurer_name	category	duration	value	unit
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 1 month	7628.29	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 1-3 months	123.73	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 3-6 months	0	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	Within 6-12 months	0	value in rupees lakh
2024-25	Life Insurance Corporation of India	Settlement of Claims Based on Benefit Amount Paid	More than 12 months	0	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 1 month	1195.849952	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 1-3 months	1.85	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 3-6 months	4.5	value in rupees lakh
2024-25	Acko Life Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 6-12 months	0.4	value in rupees lakh
2024-25	Aditya Birla Sunlife Insurance Company Limited	Settlement of Claims Based on Benefit Amount Paid	Within 1 month	0	value in rupees lakh

Sample from the dataset, for your reference.

Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Group Category

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Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Group Category

Year and Insurer wise Duration-wise Settlement of Claims-Micro Insurance - Group Category

Data preview

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Citation

Collection