ClaimRatioIndiaCalculate

ICICI Lombard General Insurance vs ManipalCigna Health Insurance

On CSR alone: ManipalCigna leads with a higher claim settlement ratio in FY 2023-24. But CSR is one data point — also compare plans, premiums, and network before deciding.
MetricICICI LombardManipalCigna
CSR 2023-2488.24%91.75%
Founded20012014
HQMumbaiMumbai
Typegeneralhealth

ICICI Lombard — Strengths

  • +Largest private general insurer — strong financial backing
  • +Wide cashless hospital network across India
  • +Quick cashless approval — digital-first claim process
  • +Health Booster top-up plans available at low cost
  • +Multi-product insurer — can bundle health with motor

ManipalCigna — Strengths

  • +91.75% claim settlement ratio (2023-24)
  • +Covers chronic disease management from day one
  • +No sub-limits on room rent in top plans
  • +Global emergency cover available
Full ICICI Lombard review →Full ManipalCigna review →