Star Health and Allied Insurance Company Limited — Important, 29-10-2024: General Updates

Star Health and Allied Insurance reported a 17.5% increase in Gross Written Premium (GWP) to INR 7,847 crore for H1 FY25, with a profit after tax (PAT) of INR 430 crore. The company retains a 32% market share in retail health insurance, focusing on agency growth and digital channels. Operating expenses to GWP improved to 15.6%, and the strong solvency ratio stands at 2.24x. Star Health remains committed to expanding affordable health insurance solutions across India.