Claim Settlement Ratio
Sanikasawant28 Jul, 2021Other
Claim settlement ratio (CSR) is the % of claims that an insurance provider settles in a year out of the total claims. It acts as an indicator of their credibility. As a general rule, the higher the ratio, the more reliable the insurer is. You can easily find the CSR of different companies on the official website of the Insurance Regulatory and Development Authority of India (IRDAI).
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