Axis Max Life Insurance Claim Settlement Ratio (Life)
97.1%
Q1 FY26-27
Axis Max Life Insurance's claim settlement ratio was 97.12% for Q1 FY26-27, as reported in IRDAI form L-40-CLAIMS-DATA.
What this measures
Percentage of death claims settled (paid) out of total claims available for disposal in the period. Derived from L-40 reconciliation: claims paid ÷ (opening outstanding + intimated). Count-only — no amount-based CSR is possible from L-40 alone.
Note: Life L-40 is count-only. Do not conflate with the non-life CSR which also has an amount basis from NL-37.
Historical Data
| Period | Value | Source form | Data as of |
|---|---|---|---|
| Q1 FY26-27 | 97.1 % | L-40-CLAIMS-DATA | 2026-09-10 |
| Q4 FY25-26 | 99.9 % | L-40-CLAIMS-DATA | 2026-09-10 |
| Q3 FY25-26 | 99.1 % | L-40-CLAIMS-DATA | 2026-09-10 |
Provenance
- Reported by
- Axis Max Life Insurance
- Regulatory form
- L-40-CLAIMS-DATA · what this form contains
- Reporting period
- Q1 FY26-27
- Source document
- 2026-06-30 · Axis Max Life Insurance's disclosure page
- Extracted by
- EverythingInsurance Research
- Last verified
- 2026-09-10
- Note
- Derived: claims paid ÷ (opening outstanding + intimated), per L-40 reconciliation.