News > Insurance companies settled over 2.25 lakh death claims during Covid pandemic: IRDAI

Insurance companies settled over 2.25 lakh death claims during Covid pandemic: IRDAI

27/12/2022 08:38 PM | Click to read full article

According to IRDAI, insurance firms paid out Rs 17,269 crore to resolve over 2.25 lakh mortality claims resulting from the pandemic up till March 31, 2022. A total of 26,54,001 health insurance claims were resolved, according to the report’s data. The general insurers’ net incurred claims increased by nearly 26% to Rs 1.41 lakh crore in 2021–22 from Rs 1.12 lakh crore in 2020–21.

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