In the financial year 2023, the Life Insurance Corporation (LIC) had the highest number of complaints at 81.49 thousand, while private insurers had significantly fewer complaints at 45.88 thousand. LIC is an Indian multinational public sector life insurance company headquartered in Mumbai.
Number of complaints registered against life insurer in India in the financial year 2023, by insurer type
(in 1,000s)
Characteristic
Number of compaints in thousands
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IRDA (India). (December 26, 2023). Number of complaints registered against life insurer in India in the financial year 2023, by insurer type (in 1,000s) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1423222/india-number-of-complaint-registered-against-life-insurers-by-insurer-type/
IRDA (India). "Number of complaints registered against life insurer in India in the financial year 2023, by insurer type (in 1,000s)." Chart. December 26, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1423222/india-number-of-complaint-registered-against-life-insurers-by-insurer-type/
IRDA (India). (2023). Number of complaints registered against life insurer in India in the financial year 2023, by insurer type (in 1,000s). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1423222/india-number-of-complaint-registered-against-life-insurers-by-insurer-type/
IRDA (India). "Number of Complaints Registered against Life Insurer in India in The Financial Year 2023, by Insurer Type (in 1,000s)." Statista, Statista Inc., 26 Dec 2023, https://www.statista.com/statistics/1423222/india-number-of-complaint-registered-against-life-insurers-by-insurer-type/
IRDA (India), Number of complaints registered against life insurer in India in the financial year 2023, by insurer type (in 1,000s) Statista, https://www.statista.com/statistics/1423222/india-number-of-complaint-registered-against-life-insurers-by-insurer-type/ (last visited August 25, 2024)
Number of complaints registered against life insurer in India in the financial year 2023, by insurer type (in 1,000s) [Graph], IRDA (India), December 26, 2023. [Online]. Available: https://www.statista.com/statistics/1423222/india-number-of-complaint-registered-against-life-insurers-by-insurer-type/