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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Claim settlement ratio

Regulation & tax

The proportion of death claims an insurer settled over a year, counted by number of claims.

In plain terms

A count, not a measure of value or difficulty, and inflated at some insurers by large volumes of small group claims. More useful read alongside the average time taken to settle.

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Indian stock market glossary · Market Vidyalaya