Section 1
Claim Overview
Published on: Sep 23, 2026Number of Claims Paid
955
Amount of Claims Paid
158,047,275.20
Number of Claims Rejected
40
Claims Settlement Ratio (%)
67.83%
Outstanding Claims Ratio (%)
524.67%
Average Claim turnaround time
| Protfolio | Days |
|---|---|
| Motor Insurance | 120 |
| Marine Insurance | 27 |
| Miscellaneous Insurance | 43 |
| Engineering Insurance | 47 |
| Agriculture Insurance | 46 |
| Property Insurance | 227 |
| Health Insurance | 7 |
Outstanding Claims - Count by Age
| Range | Numbers |
|---|---|
| Less than 1 Year | 4,505 |
| 1 to 3 Years | 1005 |
| 3 to 5 Years | 228 |
| 5 Years and Above | 1,492 |
Outstanding Claims - Amount by Age
| Range | Amount |
|---|---|
| Less than 1 Year | 1,660,174,252.07 |
| 1 to 3 Years | 506,210,609.05 |
| 3 to 5 Years | 38,770,383.32 |
| 5 Years and Above | 151,609,675.00 |
