The number and amount of claims reported during Wave 1, which lasted for almost an entire year, were similar to those reported during Wave 2, which lasted about 6 months. The Industry responded to service the increase in claims.

Chart 6.2.1Reported vs Settled Claims (Numbers) for top 10 states

Source: Council Compilation as per source
data submitted by companies

Chart 6.2.2Reported vs Settled Claims (Amounts in Rs Cr.) for top 10 states

Source: Council Compilation as per source
data submitted by companies

Chart 6.2.3Average Reported Claims Size Wavewise

Source: Council Compilation as per source
data submitted by companies

Chart 6.2.4Average Settled Claims Size Wavewise

Source: Council Compilation as per source
data submitted by companies