ClaimRatioIndiaCalculate

ICICI Lombard General Insurance vs PNB MetLife India Insurance

On CSR alone: PNB MetLife 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 LombardPNB MetLife
CSR 2023-2488.24%97.37%
Founded20012001
HQMumbaiBengaluru
Typegenerallife

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

PNB MetLife — Strengths

  • +97.37% claim settlement ratio (2023-24)
  • +Good rural and semi-urban access via PNB branches
  • +Mera Term Plan Plus includes return of premium option
Full ICICI Lombard review →Full PNB MetLife review →