Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 973)
973.
Which insurance company has overtaken Life Insurance Corporation of India, recently?
Answer: Option
Explanation:
Private life insurer Max Life Insurance has overtaken Life Insurance Corporation of India (LIC) to the best track record in terms of claims settlement for individual deaths in FY18. According to IRDAI's Annual Report 2017-18, Max Life settled 98.26 percent of individual death claims while LIC settled 98.04 percent.
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