News Asia06 Jan 2025

India:Life insurers hold over INR200bn in unclaimed insurance amount

| 06 Jan 2025

Indian life insurance sector as of 31 March 2024 held unclaimed amounts totalling INR200.62bn ($2.35bn) according to the Insurance Regulatory and Development Authority of India (IRDAI). According to IRDAI annual report for 2023-24 unclaimed amounts of life insurers at the beginning of the financial year 2023-24 was INR222.37bn.

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