EnglishWhen it comes to health insurance, folks often check out premiums and benefits, but they forget to see if insurers actually pay claims. According to the latest Irdai report for 2024-25, public insurers are winning the claims game, paying out more than their private pals. So, if an insurer has an ICR of 85%, that means they spend Rs 85 of every Rs 100 collected on claims!
Finance