Non-life insurers get Covid-19 claims worth Rs 10,000 crore as of Dec 11

The number of Covid-19 claims received by non-life insurers has surpassed the 660,000 mark, amounting to Rs 9,989.89 crore as of December 11, 2020. The general insurers and standalone health insurers have settled more than 76.5 per cent of the claims that have been intimated.

According to the data compiled by General Insurance Council, which is not publicly available, the insurers have settled 508,334 claims amounting to over Rs 4,800 crore. At the end of July, only 81,000 Covid-19 claims were filed with insurers.

That number doubled in a month’s time. By August-end, insurers had as many as 160,000 reported Covid-19 claims.