Thursday, October 16, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Shriram Life Insurance settles claims worth Rs 400 crore

by Euro Times
March 9, 2022
in Finance
Reading Time: 1 min read
A A
0
Home Finance
Share on FacebookShare on Twitter


Shriram Life Insurance coverage on Wednesday stated it has settled insurance coverage claims for 38,590 individuals, (34,407 group and 4,183 particular person) in opposition to 12,938 claims in the identical interval final 12 months.

The insurer paid greater than Rs 400 crore in claims for the nine-month interval ended December 31, 2021. It settled Rs 408.42 crores value of claims from Rs 167.7 crores final 12 months.

“The second wave of COVID impacted each insurer, however we’re in a singular place of overlaying breadwinners from lower-to-middle revenue segments. As of December, we have now paid claims that helped over 38,500 households, thrice of what we did final 12 months,” Casparus Kromhout, MD & CEO, Shriram Life Insurance coverage stated in an announcement.

It stated 91% of all retail claims made after three years of coverage graduation have been settled inside 24 hours.

Additionally, initiatives like ‘Speedy Declare Settlement’ the place legitimate claims may be settled throughout the first 12 hours of intimation helped present well timed reduction to aggrieved households, the corporate stated.

Shriram Life Insurance coverage Firm provides complete safety and long-term financial savings life insurance coverage options, with near 50% of its purchasers being from rural areas.

Over 48% of the retail claims settled by the corporate have been from the agricultural phase.

The highest 5 states which contributed the best retail claims settled have been Andhra Pradesh, Telangana, Uttar Pradesh, Madhya Pradesh and Tamil Nadu.

Shriram Life Insurance coverage’s Property Underneath Administration (AUM) presently stand at Rs 7,084 crore.



Source link

Tags: claimscroreInsurancelifeSettlesShriramWorth
Previous Post

Ukrainians Say Russian Enemy Troops Are Moving Into Their Abandoned Homes

Next Post

Episode #397: Jeremy Grantham, GMO – Short-Term Pessimist, Long-Term Optimist – Meb Faber Research

Related Posts

57% of undergraduates ‘encountered criminals or had money stolen in past year’

57% of undergraduates ‘encountered criminals or had money stolen in past year’

by Vicky Shaw
October 16, 2025
0

Signal as much as our free cash publication for funding evaluation and knowledgeable recommendation that can assist you construct wealthSignal...

Bankruptcy court admits IDBI Bank’s insolvency resolution plea against Wind World arm

Bankruptcy court admits IDBI Bank’s insolvency resolution plea against Wind World arm

by Maulik Vyas
October 16, 2025
0

The Mumbai bench of the Nationwide Firm Regulation Tribunal (NCLT) has ordered the initiation of the company insolvency decision course...

Trump Trio of Vought, Miller, and Eric Rise From the Muck

Trump Trio of Vought, Miller, and Eric Rise From the Muck

by Nat Wilson Turner
October 15, 2025
0

A dominant Trump trio stood out within the information this week: Russell Vought who's gutting the federal paperwork; Stephen Miller...

Socialism Always Leads to Totalitarian Tyranny

Socialism Always Leads to Totalitarian Tyranny

by Vincent Cook
October 15, 2025
0

On its webpage explaining what democratic socialism is, the Democratic Socialists of America (DSA) states that its purpose is to...

European hostility may jeopardize Metro

European hostility may jeopardize Metro

by Index Investing News
October 16, 2025
0

The worldwide infrastructure companies often are usually not anticipated to rush once more to Israel with the tip of the...

A Government Shutdown Is Less Scary Than Its Dysfunction-As-Usual

A Government Shutdown Is Less Scary Than Its Dysfunction-As-Usual

by Scott Drylie
October 15, 2025
0

Authorities is presently “shut down” for failure of Congress to move a finances for the beginning of the fiscal yr....

Next Post
Episode #397: Jeremy Grantham, GMO – Short-Term Pessimist, Long-Term Optimist – Meb Faber Research

Episode #397: Jeremy Grantham, GMO – Short-Term Pessimist, Long-Term Optimist - Meb Faber Research

Why Predictions Are More Dangerous Than Guesses

Why Predictions Are More Dangerous Than Guesses

Kinnevik AB (KNVKF) Q3 2025 Earnings Call Transcript

Kinnevik AB (KNVKF) Q3 2025 Earnings Call Transcript

October 16, 2025
From Magnificent To Stretched: Rethink U.S. Equity Allocations

From Magnificent To Stretched: Rethink U.S. Equity Allocations

October 16, 2025
How these employees pay nothing for their insurance premiums : NPR

How these employees pay nothing for their insurance premiums : NPR

October 16, 2025
Insurrection Act: What is it, and does US president have plenary authority? | Donald Trump News

Insurrection Act: What is it, and does US president have plenary authority? | Donald Trump News

October 16, 2025
FMCG giant to cut 16,000 jobs over two years — What company said

FMCG giant to cut 16,000 jobs over two years — What company said

October 16, 2025
Axis Bank, HDFC Life And L&T In Focus — Check Price Target

Axis Bank, HDFC Life And L&T In Focus — Check Price Target

October 16, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Kinnevik AB (KNVKF) Q3 2025 Earnings Call Transcript

From Magnificent To Stretched: Rethink U.S. Equity Allocations

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In