Section 1
Claim Overview
Published on: Aug 17, 2026Number of Claims Paid
771
Amount of Claims Paid
116,590,412.61
Number of Claims Rejected
35
Claims Settlement Ratio (%)
73.22%
Outstanding Claims Ratio (%)
664.75%
Average Claim turnaround time
| Protfolio | Days |
|---|---|
| Motor Insurance | 117 |
| Marine Insurance | 168 |
| Miscellaneous Insurance | 9 |
| Engineering Insurance | 45 |
| Aviation Insurance | 63 |
| Agriculture Insurance | 37 |
| Property Insurance | 167 |
Outstanding Claims - Count by Age
| Range | Numbers |
|---|---|
| Less than 1 Year | 4,188 |
| 1 to 3 Years | 901 |
| 3 to 5 Years | 322 |
| 5 Years and Above | 1,396 |
Outstanding Claims - Amount by Age
| Range | Amount |
|---|---|
| Less than 1 Year | 1,401,391,595.61 |
| 1 to 3 Years | 339,355,099.60 |
| 3 to 5 Years | 48,899,350.22 |
| 5 Years and Above | 141,425,000.00 |
