Bajaj Allianz Life’s 581% Solvency Ratio highest
Bajaj Allianz Life Insurance Company, one of the leading private life insurance players, shared key parameters, which strengthens its position in the market, and showcases the insurer’s financial strength to keep its customers’ Life Goals secured.
Bajaj Allianz Life Insurance’s Solvency Ratio stands at 581% (FY22), as against the regulatory requirement of 150%. Further, the company’s Claim Settlement Ratio stands at 99.02% (Individual Claims Settlement Ratio for FY22), which is amongst one of the highest in the industry.
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