Claims Closed Without Payment Ratio in Indian Insurance

Definition

Percentage of available claims closed without any payment during the period. Includes claims withdrawn, found not payable for technical reasons, and other non-repudiation closures. Distinct from repudiated claims. Formula: CWOP ÷ (opening outstanding + intimated).

Note: Do not map CWOP to 'rejected' — they are different regulatory categories in NL-37.