Star Health and Allied Insurance Company Limited — Updates, 29-04-2025: Press Release

Star Health Insurance reported a Profit After Tax (PAT) of Rs. 787 Crores for FY25, with Gross Written Premium (GWP) increasing by 10% year-on-year to Rs. 16,781 Crores. The company provided cover for 2.3 Crore lives and settled claims exceeding Rs. 10,350 Crores. The expense ratio stood at 30.4%, while the combined ratio rose to 101.1%, indicating pressure from increased claims and healthcare costs. Strong growth in agent numbers and a focus on semi-urban and rural markets improved distribution, with 51% of lives covered from these regions, enhancing access to health insurance.