we have a bath shower combination....the bath is situated against the wall with the window...I have been told that by putting insulation underneath the tub and filling any air pockets will improve the heating of the water in the tub.....?
Surely the water is heated before you put it in the bath ?
That aside, for sure, answer above is correct. Improve insulation between bath and cold outer wall will ensure less heat loss per unit of time to the outside world.
Doing this would slow down the rate at which the water in a bit cooled, but only very slightly. The whole of the top surface of the water is still transferring heat into the air of the room.
There can't be too many people who lie in a bath for more than 20 minutes, and it is immaterial when showering.
This is going to make such a trivial amount of difference as to not be worthwhile the effort.