Current Affairs - Finance - Discussion

The Insurance Regulatory and Development Authority of India (IRDAI) released the ‘Handbook on Indian Insurance Statistics 2023-24’ in March 2025. This report provides valuable insights into the Claim Settlement Ratio (CSR) of various insurers, which helps consumers and stakeholders assess the efficiency and reliability of insurance companies in India. The report is vital in understanding the performance of private and public insurers in settling claims, offering a detailed breakdown of CSR metrics across different life insurance companies.