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Old January 4th, 2017, 02:57 PM
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Join Date: May 2011
Default Re: IRDA Ranking Of Health Insurance Companies

The Insurance Regulatory and Development Authority IRDA publishes the Incurred Claims Ratio for health insurance companies in India.

Incurred Claim Ratio is basically the overall value of every claim a company has paid divided by the total sum of premium collected during the same period.

Based on the IRDA’s annual report (2014-15), the top 10 best Health Insurance Companies in India are-

IRDA’s Data on Incurred Claims Ratio for Health Insurance 2014-15

Top Health Insurance Companies in Indi-

Public Sector Health Insurers-

National
United
Oriental
New India

Private Sector Health Insurers-

Bajaj Allianz
Bharti AXA
Cholamandalam
Future Generali
HDFC Ergo
ICICI Lombard
IFFCO – TOKIO
Liberty Videocon
L&T
Magma HDI
Raheja QBE
Reliance
Royal Sundaram
SBI
Shriram
TATA AIG
Universal Sompo

Private Sector Standalone Health Insurers

Apollo Munich
Cigna TTK
Max Bupa
Religare
Star Health

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