Incurred Claim Ratio in Health Insurance – Why It Matters More Than You Think Incurred Claim Ratio in Health Insurance is one of those terms that often appears in insurance brochures, IRDAI reports, and expert discussions—but is rarely explained in a manner that truly helps policyholders take an informed decision. Many people focus only on premium amounts or marketing claims. However, seasoned insurance professionals and regulators repeatedly emphasise that understanding the Incurred Claim Ratio in […]

Insurance Commission Curbs: Why Regulators Are Reconsidering Distribution Payouts in FY25 Insurance Commission Curbs are back at the centre of regulatory debate, barely two years after product-wise commission ceilings were removed. With distribution expenses mounting sharply in FY25 and multiple insurers breaching statutory expense limits, regulators are now reassessing whether the current open-ended commission framework is sustainable for policyholders and the industry at large. Concerns are no longer confined to the insurance regulator alone. Recent […]

Insurance Mis-selling in India is No Longer a Marginal Issue Insurance mis-selling in India has moved from being an occasional complaint to becoming a structural concern that regulators, insurers, banks, and intermediaries can no longer afford to overlook. In its latest Annual Report 2024–25, the Insurance Regulatory and Development Authority of India (IRDAI) has clearly flagged mis-selling as a key risk undermining customer trust, policy persistency, and long-term insurance penetration in the country. What makes […]

IRDAI Insurance Consolidated Investment Norms Signal a Structural Shift IRDAI insurance consolidated investment norms are poised for a meaningful transformation, marking one of the most significant regulatory recalibrations in the insurance sector in recent years. Through amendments to the Insurance Act, the investment framework applicable to insurers has been streamlined, consolidated, and made more adaptive to evolving market realities. The reform strengthens regulatory agility while preserving the core principle of policyholder protection. For insurers managing […]

Incurred Claim Ratio of Health Insurance Companies in India Is one of the most practical yet most ignored indicators while choosing a health insurance policy. Most policyholders spend time comparing premiums, room rent limits, waiting periods, and network hospitals. However, when a real medical emergency arises, none of these matter as much as one simple question: Will the insurer actually pay the claim smoothly and fairly? This is where the incurred claim ratio becomes critical. […]