Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year

Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year https://www.taxtmi.com/news?id=44547 Claims paid ratio is presented as the central regulatory and consumer-protection metric, with the insurer reporting a highest-ever individual death claims paid ratio that establishes a new operational benchmark and underscores sustained claims settlement performance. The firm links this metric to customer-facing promises and performance indicators and describes supporting operational mechanisms-AI-led underwriting, predictive analytics, enhanced fraud controls, expedited claims processing and same-day payouts-alongside persistency and market-ranking measures. en-us Fri, 23 May 2025 16:46:03 +0530 Fri, 23 May 2025 16:46:03 +0530 TaxTMI RSS Generator Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year https://www.taxtmi.com/news?id=44547 Claims paid ratio is presented as the central regulatory and consumer-protection metric, with the insurer reporting a highest-ever individual death claims paid ratio that establishes a new operational benchmark and underscores sustained claims settlement performance. The firm links this metric to customer-facing promises and performance indicators and describes supporting operational mechanisms-AI-led underwriting, predictive analytics, enhanced fraud controls, expedited claims processing and same-day payouts-alongside persistency and market-ranking measures. News - Fri, 23 May 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=44547