06
Oct
One of India’s leading life insurance companies, Tata AIA Life Insurance Company Limited has registered best-in-class operational performance among Indian life insurance companies. The Company registered the industry-best Persistency Ratio in 5 out of 5 cohorts for Q1FY24, which reflects the percentage of consumers who renew their policies with Tata AIA. The Individual Death Claims Settlement ratio improved from 98.53% in FY22 to 99.01% in FY23. In FY23, Tata AIA achieved the industry-best Persistent Performance in the four cohorts - the 13th Month, the 25th Month, the 37th Month and the 49th Month. During the first quarter ending June 2023,…
