Sentences with phrase «high claim ratio»

Maturity claims — ratio should be 100 % (with profit policies have to be paid back on maturity, this is where the LIC's high claim ratio comes from)
PolicyBachat is the right platform to get the best insurance quotes from the genuine insurance carriers who have high claim ratio in the market.
Private sector insurers try to avoid writing such policies because of the high claim ratio in the commercial vehicle space.
Despite huge investments, public sector general insurance companies are facing a high claim ratio, falling profitability and poor solvency ratios.
Despite huge investments, public sector insurance companies are facing a high claim ratio and falling profitability
Among the various segments, health insurance and motor insurance had a high claims ratio at 96.93 per cent and 77.14 per cent respectively.
But because of their high claims ratio companies often decline them insurance.
As a result, companies can lower rates for categories with a lower claims ratio and raise rates for categories with higher claims ratio.
In the wake of the high claims ratio from commercial vehicles, insurance companies provide insurance cover to risky customers like commercial vehicles from a common «declined pool» created specifically for the purpose, and not from their own books.
Companies which have the highest claim ratio are always the first recommendation to buy.
If the company maintains a higher claim ratio, it means they have settled a large number of claims.

Not exact matches

Finally, Will Dunning, the chief economist at the Canadian Association of Accredited Mortgage Professionals, set out to dismantle the oft - cited claim that the price - to - rent ratio in Canada is 88 per cent higher than its long - term average.
In an update ahead of its interim results in August, the general insurer said that «significantly higher than expected claims activity» during the first five months of the year is expected to cause that division to report a first half combined operating ratio, a key measure of profitability, of around 110 per cent.
James Taylor claimed that this is why the Neutrino Profit App is able to achieve a high success ratio of 92 %.
Records from the city comptroller's office showed Queens was the borough with the second highest ratio of claims, with 154 for every 100,000 residents.
Goran's analysis of beverages made with HFCS, however, showed a fructose to glucose ratio of 60:40 — considerably higher than the equal proportions found in sucrose and challenging the industry's claim that «sugar is sugar.»
Find - Contacts is a good looking adult dating site with, it claims, over one million members and the highest ratio of women to men around.
Since this site claims to have a high female to male ratio, it's a good thing we can contact first.
The 3.6 - liter flat - six is replaced by a direct - injection 3.8 - liter version, running reworked twin variable - vane turbochargers, a higher 9.8:1 compression ratio and closed deck architecture, which is claimed to boost rigidity.
With 162.7 hp / l the Urus claims one of the highest specific power outputs in its class and the best weight - to - power ratio at 3,38 kg / hp.
Acura claims a higher - capacity transmission in the 2003 model employs gear and clutch materials and a transaxle case that improve performance and fuel efficiency during low - gear activities, such as towing and off - roading, by utilizing slightly wider gear ratios from first to fifth.
The screen is a 1920 x 1080 resolution LCD IPS from Japan Display Inc. in fact the company claims the device has the highest display to body to body ratio of any comparable device available today.
The higher the claim settlement ratio, the lower are the chances of your claim getting rejected.
In case if your spouse wants to claim higher ratio as tax benefit, suggest both of you to enter into a simple agreement that she will be claiming higher % of EMIs as tax benefits and the same will be deducted from the joint account.
In fact, their economies have grown more quickly than they have issued debt, leading to a substantial drop in their debt - to - GDP ratios.7 Although their budget deficits remain higher than that of the average developed country, they are now well below their rate of GDP growth (something many developed market countries can't claim).
Fortunately, a large number of life insurance companies in India have fairly higher claim settlement ratio.
This claim is explained as dog food being rich in meat and protein, high in fresh meat inclusions, using whole prey meat ratios with a limited carbohydrate and glycaemic index.
All of the references which claim a high sensitivity are extracting it from data with an exceptionally low signal to noise ratio.
Cons: the health risks are potentially very high, ALL spray foams contain toxic ingredient Isocyanate (even those that have a percentage of soy and claim to be «eco»), because the material is so rigid closed cell systems tend to develop cracks in the material compromising the insulative envelope, many people on RV blogs are opening their walls to remodel and finding a pile of pulverized insulation in the cavities, if the ratio of parts A and B aren't mixed exactly right, the material can off gas toxic fumes perpetually, a code approved fire barrier must be installed over spray foam in living spaces (such as 1/2» drywall).
According to the New York Daily News, Arm & Hammer further claims that the cat study on which Clorox bases the ads on is «severely flawed» because the cat - to - litter box ratio was way too high, possibly leading to «intercat aggression.»
«These claims are going to come out of the «woodwork» once interest rates increase, although this may seem an unlikely prospect in the current market, and in particular in those loans prior to 2009 which may have had a high loan to value ratio.
The high count of reported claims resulted in a claims frequency — the ratio between the number of practising lawyers and the number of claims — of 100.5 claims per 1,000 lawyers.
«Litigation funders usually require an opportunity to have a one - to - 10 ratio of cost to damages, so the claims tend to be high - value — usually multi-million dollars,» Armstrong explains.
The report shows that in some states where unemployment tends to be higher the reported uninsured motorist to bodily injury claim frequency ratios were higher.
Higher is the claims settlement ratio, better is our confidence level that the claim will indeed be paid out by that company.
Since most savings plans death claims are passed, the overall claims ratio looks very high.
The health insurance sector is facing problems because of high cost to claim ratio.
Then its overall claims ratio will be very high even if it rejects most of its term insurance death claims.
The «iAAA» rating is given to an insurance company whose claims - paying ratio is highest among its competitors.
A higher claim settlement ratio indicates higher chances of the nominee / family receiving the claim amount after the passing away of the policyholder.
If the company has higher claim settlement ratio, it means it has the capacity to tackle a claim smoothly.
The higher the claim settlement ratio of the company, the more favorable it would be for you to buy insurance policy from.
Because to me a high (> 90 %) claims settlement ratio indicates 2 things.
Insurers with relatively higher claim - settlement ratios — in the high 90s — are preferable.
Having said this, life insurance companies who have managed a high claim settlement ratio in 2015 have indeed done a fabulous job — no denying that.
Overall, the claim settlement ratio for the life insurance industry stands at 97 %, but a lot of it is because of LIC's large base with very high CSR.
The claim ratio — which is still very high in the medical insurance business — is likely to exert pressure on insurers to hike premiums further in the coming year.
It is estimated that the combined ratio for motor insurance might touch 200 % by the end of March 31, 2015 on the back of higher claims especially from commercial vehicles.
Claims settlement ratio: Ensure that the insurer has a consistently high claim settlement ratio.
However, a high claim settlement ratio is in its favour.
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