Incurred Claims Ratio | Niva BupaEvery person takes health insurance for financial security in case of unforeseen medical emergencies. The incurred claims ratio is the number of claims a health insurance provider has received till date.https://www.nivabupa.com/health-insurance-articles/incurred-claims-ratio-icr-in-health-insurance.html Incurred Claim Ratio (ICR) is the ratio of net claims provided by an insurance provider to the net premiums received in a financial year. With ICR you can have a good idea about the financial health of a company.
What is Incurred Claims Ratio (ICR) in Health Insurance? | NIva Bupa