Niva Bupa Health Insurance Company Limited — Important, 04-02-2025: Updates

**Updates**

The Board of Directors of Niva Bupa Health Insurance Company Limited has approved the un-audited financial results for the quarter and nine months ended December 31, 2024. The company reported gross premium written of ₹1,44,207 million, up from ₹1,41,245 million in the same quarter last year. However, the net profit after tax was ₹1,324 million, a slight increase from ₹1,302 million in the preceding quarter but a notable recovery from a loss of ₹7,521 million in the previous year. The solvency ratio stands strong at 3.03, indicating a positive outlook for financial stability. Furthermore, Mr. Krishnan Ramachandran has been re-appointed as Managing Director & CEO for a five-year term commencing May 1, 2025, pending shareholder approval. This leadership continuity could enhance operational stability amidst a recovering financial trajectory. Stakeholders may want to watch closely as these developments unfold.