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IRDA Releases 2025 Claim Settlement Ratio: Acko General Insurance Tops with 99.91%

2025-03-10
IRDA Releases 2025 Claim Settlement Ratio: Acko General Insurance Tops with 99.91%
The Economic Times

The Insurance Regulatory and Development Authority of India (IRDAI) has released its latest handbook on Indian insurance statistics, revealing the claim settlement ratios of health and general insurance companies in 2025. Acko General Insurance has emerged as the leader, boasting an impressive 99.91% claim settlement ratio within 30 days. Public sector insurers also performed well, with several companies showcasing their commitment to customer satisfaction. Key players in the industry are focusing on improving their claim settlement processes, enhancing customer experience and leveraging digital transformation to stay ahead. The insurance market is expected to grow significantly, driven by increasing demand for health and general insurance products.

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