Top 10 Insurance Companies according to Claim Settlement Ratio

When it comes to buy an Insurance product, what comes to our mind is premium and other benefits attached to it. Claim Settlement Ratio (CSR) is another very important thing, buyer must have in his mind before going to purchase an Insurance Product.
What is Claim Settlement Ratio (CSR) ?
It means to the number of claims settled by the insurance company out of every 100 claim requests it received in that particular year.
Today we have brought you, top Insurance Companies as per their CSR and their comparative Performance in past years.

Insurer	CSR for 2011-12	CSR for 2010-11	CSR for 2009-10
LIC	97.42	97.03	96.54
HDFC Life	96.17	95.41	91.14
SBI Life	95.48	82.24	83.27
Kotak Life	92.1	89.3	86.97
Birla Sunlife	90.94	94.66	89.09
Bajaj Allianz	90.61	88.69	88.19
Max Life	89.84	77.96	65.51
Aviva	89.55	84.15	87.11
ING Vysya	88.82	90.49	89.3

Please note:
a) The claim settlement ratio data for respective years has been taken from the IRDA Annual Reports for respective years
b) The claim settlement ratio is overall for the company for all products taken together and not just for term plans. Separate claim settlement ratios only for term insurance plans are not available