Aviva Life Insurance Claims Repudiation Ratio (Life)
1.53%
Q3 FY24-25
Aviva Life Insurance's claims repudiation ratio was 1.53% for Q3 FY24-25, as reported in IRDAI form L-40-CLAIMS-DATA.
What this measures
Percentage of available claims repudiated during the period. Repudiated = denied under Section 45 of the Insurance Act (policy in force < 3 years). Legally distinct from rejected claims (policy terms). Formula: repudiated ÷ (opening outstanding + intimated).
Note: L-40 reports repudiated and rejected separately — these are legally distinct and must not be merged. Section 45 governs repudiation within 3 years of policy commencement.
Historical Data
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q3 FY24-25 | 1.53 % | L-40-CLAIMS-DATA | 2026-09-06 |
Provenance
- Reported by
- Aviva Life Insurance
- Regulatory form
- L-40-CLAIMS-DATA · what this form contains
- Reporting period
- Q3 FY24-25
- Source document
- IRDA Forms-2024-25_Q3_Website_Public disclosure · Aviva Life Insurance's disclosure page
- Extracted by
- EverythingInsurance Research
- Last verified
- 2026-09-06
- Note
- Derived: repudiated ÷ (opening outstanding + intimated), per L-40.