Claims Settled In 1 To 3 Months in Indian Insurance

%lifeDerived from regulatory data

Definition

Percentage of paid claims settled in the 1–3 month ageing bucket out of total claims paid. A lower ratio is better (more claims should settle in ≤1 month).

Note: L-39 ageing bucket 2 of 5. Combine all buckets to reconcile with total paid claims.

Source form: L-39 ·Source documents

No data ingested yet for this metric.

Data is loaded quarterly from IRDAI filings.