Star Health and Allied Insurance Company Limited — PPTs, 28-01-2025: Investor Presentation

Star Health and Allied Insurance Company has shared an earnings call presentation highlighting its performance for the quarter and nine months ended December 31, 2024.

**Financial Highlights:** The company reported Gross Written Premium (GWP) of INR 11,643 crore for the period, an 18% increase year-on-year. Profit After Tax (PAT) stood at INR 645 crore, reflecting a return on equity of 9.7%. The solvency ratio based on premium was a strong 2.22x, indicating solid financial stability.

**Strategic Initiatives and Growth Drivers:** Star Health is focusing on technological investments and risk management, maintaining a strong retail health insurance market share of 32.2%, with a notably high renewal premium ratio of 100%. Digital premium collections continue to grow, constituting 70% of total collections.

**Business Developments:** The distribution network has expanded to 910 branches and 761,000 agents, contributing to a robust 39% of fresh business from non-agency channels.

**Market Position and Competitive Advantage:** The company's extensive network of hospitals and efficient claims processing positions it favorably against competitors, with cashless claim processing being completed in under 3 hours.

**Investor Implications:** With a positive outlook driven by healthy growth in GWP and a diversified product suite, Star Health is well-positioned for continued growth, making it an attractive prospect for potential investors.