Birla Sun Life Insurance claim settlement ratio 2013-14We are going to analyse the Birla Sun Life Insurance claim settlement ratio 2013-14 from the IRDA Annual report 2013-14. Here we are about to analyse the report on the improvements of claim ratio and the comparison of the Birla Sun Life Insurance claim settlement ratio 2013-14 with previous 5 years. Kindly go through the table and understand the charts provided. These charts are prepared from the data available from theIRDA report. This review is on the claim settlement of the life insurance division of the company.
|Birla Sun Life Insurance Life insurance CLAIM SETTLEMENT RATIO 2013-14|
|Claims pending at year end||2.67%|
|LAST 5 YEARS CLAIMS HISTORY|
A comparison of Birla Sun Life Insurance Life insurance claim settlement ratio with previous 5 years relating to number of claims.Birla Sun Life Insurance life insurance was started in the year 2000. Since the inception the company is maintaining a good claim settlement ratio. We can see that the company is maintaining a good healthy claim settlement ratio. The company has settled totally 8071 claims in the financial year 2013-14. Since Birla Sun Life Insurance is having a solid retail business focus, the company is having more number of life insured. Inspite of the huge number of claims the company has maintained a healthy claim settlement ratio every year. Review on Birla Sun Life Insurance claim settlement ratio 2013-14
|TOTAL NUMBER OF CLAIMS LAST 5 YEARS|
|YEAR||NUMBER OF CLAIMS SETTLED||% SETTLED|