December 30, 2021
Fortune India
“The life insurance industry is likely to post a 200-300% increase in claims this year, hurting the profitability of most insurers…
Latest data from Insurance Regulatory and Development Authority of India (IRDAI) shows the death claims rose by 41% in FY21 to ₹41,958 crore. Whereas, earlier in FY20, the death claims rose by 11% to ₹29,793 crore.”
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all cause mortality,deaths